Preston , Middlesbrough, accounts

[TWGL1]

https://www.lep.co.uk/sport/football/preston-north-end/preston-north-end-club-accounts-4481169

Preston

Middlesbrough

https://www.thenorthernecho.co.uk/sport/24057815.middlesbrough-release-club-accounts-2022-23-season/

[A Quiet Monkfish]

Re: Preston , Middlesbrough, accounts

https://www.lep.co.uk/sport/football...counts-4481169
Preston

Middlesbrough

https://www.thenorthernecho.co.uk/sp...022-23-season/

Just shows the utter absurdity of modern football finances - Steve Gibson writing off £148m of debt, and stumped up a further £90m to buy shares. That's practically a quarter of a billion pounds !!

[TWGL1]

Re: Preston , Middlesbrough, accounts

Just shows the utter absurdity of modern football finances - Steve Gibson writing off £148m of debt, and stumped up a further £90m to buy shares. That's practically a quarter of a billion pounds !!

It does indeed, and how long is it before a championship club is liquidated?

Wage should not exceed turnover at all and nearly all clubs are still doing business this way.

[MOZZER2]

Re: Preston , Middlesbrough, accounts

On This Day in 1961:

The maximum wage was abolished in English football. The most a footballer could be paid was £20 a week.

Johnny Haynes, to become the first £100 a week footballer in England.

How times have changed !

[the other bob wilson]

Re: Preston , Middlesbrough, accounts

Preston, generally reckoned to be quite a sensibly run club, have lost £29 million in the last two years :facepalm:

[Eric the Half a Bee]

Re: Preston , Middlesbrough, accounts

Johnny Haynes, to become the first £100 a week footballer in England.

He made much more than that selling car repair manuals.

[tforturton]

Re: Preston , Middlesbrough, accounts

Blimey, those websites make Wales Online look almost easy to use.

[goats]

Re: Preston , Middlesbrough, accounts

Just shows the utter absurdity of modern football finances - Steve Gibson writing off £148m of debt, and stumped up a further £90m to buy shares. That's practically a quarter of a billion pounds !!

Post warnockness? When were they last in the PL?

[Ninian1962]

Re: Preston , Middlesbrough, accounts

Preston, generally reckoned to be quite a sensibly run club, have lost £29 million in the last two years :facepalm:

The May 2022 accounts haven`t yet been published but i suspect our losses were higher over the same period.

[Ninian1962]

Re: Preston , Middlesbrough, accounts

Post warnockness? When were they last in the PL?

Colin didn`t last very long there. With his football knowledge I suspect Steve Gibson challenged some of his activities in greater depth and far quicker than CCFC did.

[TWGL1]

Re: Preston , Middlesbrough, accounts

Colin didn`t last very long there. With his football knowledge I suspect Steve Gibson challenged some of his activities in greater depth and far quicker than CCFC did.

Can you elaborate on that ?

[light up the darkness]

Re: Preston , Middlesbrough, accounts

Can you elaborate on that ?

:popcorn::popcorn: