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  #21  
Old 11-08-2014, 04:17 PM
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Originally Posted by the drexciyan View Post
The first thing I thought when I saw the FLS was that their stadium looked half full. Its the old trick of counting all the STs as attendees. Dare say we've done it ourselves before but there do seem to be a lot of people down there who seem to buy a ST but support another team. I overheard myself 2 gooners on the train who were going to the charity shield. They had Brighton STs but hardly ever went.
Not sure it matters as long as you sold the ticket.
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  #22  
Old 11-08-2014, 04:19 PM
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Adding in stadium depreciation is not going to help their FPP position ?
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  #23  
Old 11-08-2014, 04:23 PM
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Originally Posted by SJ'sLoveMonkey View Post
A guy I know said not even 23k
It's August, STH's will be on holiday. We'll give them that.

Am sure there will be a few for our game, unless we can sell them back. Actually three of us are missing WHAM for SW4 festival and other reasons.
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  #24  
Old 11-08-2014, 04:40 PM
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Originally Posted by eagle mart View Post
It's August, STH's will be on holiday. We'll give them that.

Am sure there will be a few for our game, unless we can sell them back. Actually three of us are missing WHAM for SW4 festival and other reasons.
Yes of course, but trust me the vibes down here are that numbers will dwindle
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  #25  
Old 11-08-2014, 04:47 PM
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Originally Posted by eagle mart View Post
It's August, STH's will be on holiday. We'll give them that.

Am sure there will be a few for our game, unless we can sell them back. Actually three of us are missing WHAM for SW4 festival and other reasons.

You are right I was just saying what I was told
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  #26  
Old 11-08-2014, 05:04 PM
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Originally Posted by eagle mart View Post
It's August, STH's will be on holiday. We'll give them that.

Am sure there will be a few for our game, unless we can sell them back. Actually three of us are missing WHAM for SW4 festival and other reasons.
I'm missing for the WH game, but ticket has been well allocated to another Palace fan

I really dont give a shite what the Tarquins are up to anymore
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Can you imagine the sky commentators making some reference to South Londoners enjoying their day out - cut to a 40 year old in full Palace kit dribbling whilst a mexican wave flies past.
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  #27  
Old 11-08-2014, 05:15 PM
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Originally Posted by Pistol Knight View Post
I'm missing for the WH game, but ticket has been well allocated to another Palace fan

I really dont give a shite what the Tarquins are up to anymore
Yes you do. You do. You really do.
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  #28  
Old 11-08-2014, 05:25 PM
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Originally Posted by biggus mickus View Post
Yes you do. You do. You really do.
I know I do, but if I rub it in they will do well (reverse psychology in effect) so I am turning my nose up at them
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Can you imagine the sky commentators making some reference to South Londoners enjoying their day out - cut to a 40 year old in full Palace kit dribbling whilst a mexican wave flies past.
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  #29  
Old 11-08-2014, 06:43 PM
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Administrative and operational costs seem very high for a Championship club.
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  #30  
Old 11-08-2014, 07:23 PM
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Premier League costs, Championship income
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  #31  
Old 11-08-2014, 08:12 PM
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52m of debt - that's a lot more than when we went into administration!
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  #32  
Old 11-08-2014, 08:13 PM
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  #33  
Old 11-08-2014, 08:19 PM
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Originally Posted by Nth Kent Eagle View Post
Administrative and operational costs seem very high for a Championship club.
It's a very basic document with no real financial detail, looks like it's been knocked up on excel by an office junior.
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  #34  
Old 11-08-2014, 09:00 PM
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Originally Posted by Billy Rhino View Post
It's a very basic document with no real financial detail, looks like it's been knocked up on excel by an office junior.
erm......that was my breakdown of the accounts. I think you misread the thread. If you look at the actual accounts the nos are all over the place. This is a summary of the main costs and revenue items in one place
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  #35  
Old 11-08-2014, 10:06 PM
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Yes but according to media who have some strange biased towards Brighton, apparently they are 'Premiership Ready' don't you know?
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  #36  
Old 11-08-2014, 10:58 PM
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They pay 'rent' to Tony's holding company for the ground,
Wasn't that the same financial engineering that Noades used on us?
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  #37  
Old 11-08-2014, 11:10 PM
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Originally Posted by eaglejez View Post
erm......that was my breakdown of the accounts. I think you misread the thread. If you look at the actual accounts the nos are all over the place. This is a summary of the main costs and revenue items in one place
Oh, my apologises....(awkward moment)...yeah it's very good.

Seriously, without knowing the breakdown of their (extortionate!) admin costs it's hard to decipher whether they are manageable. I assume part of the costs must be the extension to the ground they did recently?

Also, a breakdown of their transfer dealings would be useful.
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  #38  
Old 12-08-2014, 08:16 AM
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Oh, my apologises....(awkward moment)...yeah it's very good.

Seriously, without knowing the breakdown of their (extortionate!) admin costs it's hard to decipher whether they are manageable. I assume part of the costs must be the extension to the ground they did recently?

Also, a breakdown of their transfer dealings would be useful.
I must admit it was the first time I'd looked at the accounts in detail and if you look at 2013 and 2012 its clear there would seem to be some structural issues with their finances. ie might be totally wrong but those Admin & Operational costs would seem to be pretty fixed overheads ie the 2012 accounts say they are the consequence of having the 'state of the art' stadium. This means that although they get more income than if they were at the Withdean this doesn't outweigh these ie put another way I estimate the Amex is a min net cost to them of 6m pa !!

I'm not an FPP expert but if this uses their P&L as the gauge then having to depreciate the stadium is not going to help things. That said the 'wages & costs' item includes transfers so they should be able to help the bottom line by making profits on these. The Ulloa transfer should help the YE15 figs

If they don't go up there's going to be a lot of hard work to comply with FPP. This ignores the underlying structural problems that their business model would seem to have. Poor Tony
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  #39  
Old 12-08-2014, 08:25 AM
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Oh, my apologises....(awkward moment)...yeah it's very good..
Just had a good chortle
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  #40  
Old 12-08-2014, 08:57 AM
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I think the ground and associated costs were taken on with the assumption/intention that they would get Premier League football within a year or two as those costs in the Championship are simply not sustainable. Looking at the P&L comparison it seems they took a 6m gamble (in transfers/wages) on getting promoted and for some reason (anyone remember why?) it didn't work out.

With crowds of 27,000 they're pretty much at the maximum revenue they can get in the Championship without putting up prices but then the elasticity of demand will kick in and therefore isn't guaranteed to bring any benefit.

I'm not sure depreciation on infrastructure is applicable for FFP but if we're talking purely then about the Financial Statements then 120m/50 = 2.4m per annum to add on to the P&L. Did I also see that costs of running a Category A training facility is another 2.5m per year? That's another 4.9m in total that's going to be hitting their P&L for the forseeable.

Without seeing a breakdown of the Operations Costs its impossible to get to big an insight but as Jez says they're pretty consistent across the two years so a good indication they're fixed.

Looking at the figures someone has either been very naive in assuming that Premier League football would follow the stadium so that costs would be sustainable or the person that built their forecasts has made some big omissions
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