Ftao Archerfield SWFC accounts now published

Discussion in 'Bulletin Board' started by Jack Tatty, Jul 6, 2021.

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  1. Jack Tatty

    Jack Tatty Well-Known Member

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    Really?

    They have no more assets to borrow against.

    Council own their training ground.

    Sold ground to the invisible man.

    No players that they will get any large fee for.
     
    Jack Tatty, Jul 7, 2021
    #41
  2. Arc

    Archerfield Well-Known Member

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    Taking in to account the restated accounts for 2018, the profit/loss figures are:

    2017/18 -£35.5m
    2018/19 +£19.0m
    2019/20 -£24.0m

    Assuming that in each year they have academy and women’s football costs of £1.5m, three year loss of £36m.
     
    Archerfield, Jul 7, 2021
    #42
  3. Gordon Owen

    Gordon Owen Well-Known Member

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    tenor.gif.c8616c5c512484d0fa495f26295b0797.gif
     
    Gordon Owen, Jul 7, 2021
    #43
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  4. Tyke_67

    Tyke_67 Well-Known Member

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    Barry Bannan surely???? he must be worth several million..... cue the jokes lol :D:D:D
     
    Tyke_67, Jul 7, 2021
    #44
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  5. Redhelen

    Redhelen Well-Known Member

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    he 'll be the equivalent of Aiden McGeady of Sunderland! All the fans still going on about how he's the best player in the league 4 years later and costing them massive wages.
     
    Redhelen, Jul 7, 2021
    #45
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  6. Archey

    Archey Well-Known Member

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    I don't think that matters. Bournemouth, Brighton and Aston Villa would all have been stung by FFP had they not been promoted to the Premier League when they were. Leaving the division essentially circumvents the issue.
     
    Archey, Jul 7, 2021
    #46
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  7. Mid

    Mido Well-Known Member

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    Does that £100m include the ‘profit’ from the sale of their ground? Ie, would their loss be a lot bigger than that without that dodgy transaction or has that been removed now?
     
    Mido, Jul 7, 2021
    #47
  8. TitusMagee

    TitusMagee Well-Known Member

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    I don't honestly know mate, just saw the headline on one of those tweets someone shared. Im sure Archerfield will be able to answer that though :)
     
    TitusMagee, Jul 7, 2021
    #48
  9. Gimson&theBarnsleys

    Gimson&theBarnsleys Well-Known Member

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    In that case then Chansiri has played a master stroke.
     
    Gimson&theBarnsleys, Jul 7, 2021
    #49
  10. Sco

    Scoff Well-Known Member

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    The EFL should hit any club breaching FFTP with points deductions on the next season they are in that division. So if Villa overspent to get promotion, then next time they are relegated they start on -12... irrespective of whether that is in 2 or 20 years.
     
    Scoff, Jul 7, 2021
    #50
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  11. Arc

    Archerfield Well-Known Member

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    That includes the ‘profit’ on the ground sale
     
    Archerfield, Jul 7, 2021
    #51
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