Announcement
Collapse
No announcement yet.
Another 9 points deduction for Derby
Collapse
X
-
Re: Another 9 points deduction for Derby
It obviously benefits us but it's a sad reflection of modern football in the same way I found those Newcastle fans on the TV and media celebrating because they had an obscene amount of money nauseatingOriginally posted by ninian opinian View Post
-
Re: Another 9 points deduction for Derby
we made a substantial profit in 2019, which should keep the wolf from the door until the end of the 2021 reporting period. when that drops off the 3 year accounting period we may well have difficulties, as we made a loss of £24 million in 2020 and our income has dropped by more than 30 million since then.Originally posted by Trigger View PostEFL really putting the boot in. Hope they don't have anything on us.
we can make a loss of 39 million over 3 seasons, so it depends how successful we've been this season and next in cutting costs as to whether we've got a problem. I suspect it'll be very close
Comment
-
Re: Another 9 points deduction for Derby
I think like us and others , the EFL have seen Derby over the years just get away with stuff , so they are now showing their strength hopefully they will plummet to Div 2 , Forest fans must be having a giggle .
I'm glad in a way our club have controlled the purse strings in these difficult times , it may not make us all happy however but it keeps us safe in a good league its a well done VT from me .
Comment
-
Re: Another 9 points deduction for Derby
I agreeOriginally posted by SLUDGE FACTORY View PostIt obviously benefits us but it's a sad reflection of modern football in the same way I found those Newcastle fans on the TV and media celebrating because they had an obscene amount of money nauseating
Comment
-
Re: Another 9 points deduction for Derby
Cardiff City Football Club (Holdings) Limited , whose accounts show all activities of the club , made a loss of £12.3m in the year to 31 May 2020 . a loss of £0.8m to May 2019 and a loss of £9.0m to May 2018. The 2020 figure included a provision of £20.7m for settling the Emiliano Sala claim , and the 2019 accounts a similar figure of £19.5m so without those provisions the accounts would have shown a profit in both years.Originally posted by Rjk View Postwe made a substantial profit in 2019, which should keep the wolf from the door until the end of the 2021 reporting period. when that drops off the 3 year accounting period we may well have difficulties, as we made a loss of £24 million in 2020 and our income has dropped by more than 30 million since then.
we can make a loss of 39 million over 3 seasons, so it depends how successful we've been this season and next in cutting costs as to whether we've got a problem. I suspect it'll be very close
The May 2021 accounts should be OK as they will include a big element of income brought forward from the 2019/20 season caused by the Covid deferred season ending after the May year end.
Based on the above , the club will not have a problem with Profitability and Sustainability requirements of the EFL
Keith
Comment
-
Re: Another 9 points deduction for Derby
that's a bit more positive then.Originally posted by Ninian1962 View PostCardiff City Football Club (Holdings) Limited , whose accounts show all activities of the club , made a loss of £12.3m in the year to 31 May 2020 . a loss of £0.8m to May 2019 and a loss of £9.0m to May 2018. The 2020 figure included a provision of £20.7m for settling the Emiliano Sala claim , and the 2019 accounts a similar figure of £19.5m so without those provisions the accounts would have shown a profit in both years.
The May 2021 accounts should be OK as they will include a big element of income brought forward from the 2019/20 season caused by the Covid deferred season ending after the May year end.
Based on the above , the club will not have a problem with Profitability and Sustainability requirements of the EFL
Keith
I was going off something from Swiss ramble a while back, but tbh I've no idea what that includes or doesn't.
top right in this image20211116_131140.jpg
Comment
-
Re: Another 9 points deduction for Derby
Thank you Keith for clarifying the situation.Originally posted by Ninian1962 View PostCardiff City Football Club (Holdings) Limited , whose accounts show all activities of the club , made a loss of £12.3m in the year to 31 May 2020 . a loss of £0.8m to May 2019 and a loss of £9.0m to May 2018. The 2020 figure included a provision of £20.7m for settling the Emiliano Sala claim , and the 2019 accounts a similar figure of £19.5m so without those provisions the accounts would have shown a profit in both years.
The May 2021 accounts should be OK as they will include a big element of income brought forward from the 2019/20 season caused by the Covid deferred season ending after the May year end.
Based on the above , the club will not have a problem with Profitability and Sustainability requirements of the EFL
Keith
PS Can you please ask your son to stop doing so well at Forest, as I can't stand the grief.
Comment
Quick Navigation
Collapse

Comment