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Ticket Prices 2021-22

PuntsWolf

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Those figures would have been amortised though so we are effectively still paying them. But obviously we’ve had big fees in - Cav, Costa for previous year accounts and then Doc and Jota for last year.

Covid probably affected us to the tune of around £20m (let’s say £13m match day income, £7m in other random comercial losses).

So with player amortisation going up less than fees in then we would have made a profit on player trading.

However, the accounts will be distorted becuase of the delayed TV and prize money. So the £40m loss was actually missing around £46m revenue. This went in to last years accounts.

So just assuming all things are equal and ignoring player trading…

£46m previous year revenue + normal profit of £20m = £66m

£66m - £20m Covid impact = £46m

Thats a lot of money…and even if Covid affected us double that, it’s still £26m!

This is all before player trading. Guessing amortisation went up £20m. But we made a profit of £60m+ on sales…

Basically without some dodgy accounting I can’t see how it’s not A LOT
 
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Bulderdash

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I did a very basic player depreciation calculation during the window, I'll update it to give an idea of what that cost is during the year when I'm back home tonight.
 

YoungWolf

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Tickets for Everton at home are gone except Billy Wright lower. Is there a chance some season ticket seats will become available between now and the game?
This must be on general sale right? It won't let me buy two tickets. And my brother doesn't know his supporter number :D
 

Tredman

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This must be on general sale right? It won't let me buy two tickets. And my brother doesn't know his supporter number :D
Unless you are Uber-Young then BW lower is only for adults accompanied by kids.
 

YoungWolf

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I've got two in NL2 (well, thought I did)
 

PuntsWolf

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Player amortisation was £51.9m with £2.9m of depreciation in the last set of accounts.

Player sales profit was only £10m. So with that loss we still were on for profit.

I don’t understand the amortisation enough to work it out. If they sign a new deal, does the remainder of there book value then get spread further accross the extension?
 

YoungWolf

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I've managed to add my brother to my family and friends list and assign it to him, but still says it exceeds the amount allowed for that person!

Edit: I'm probably missing something and being really thick
 

The Bear

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It doesn't say when any tickets go on general sale tbh for any match.

Try ringing them and getting one that way.

Or if you need a membership number you can always use mine.
 

YoungWolf

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It doesn't say when any tickets go on general sale tbh for any match.

Try ringing them and getting one that way.

Or if you need a membership number you can always use mine.
I’ll PM you!
 

Nando

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Player amortisation was £51.9m with £2.9m of depreciation in the last set of accounts.

Player sales profit was only £10m. So with that loss we still were on for profit.

I don’t understand the amortisation enough to work it out. If they sign a new deal, does the remainder of there book value then get spread further accross the extension?
Yes. Extending Semedo's deal beyond the end of next season would be valuable for exactly this reason as he's a £9m cost p/a as it stands.
 

PuntsWolf

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Yes. Extending Semedo's deal beyond the end of next season would be valuable for exactly this reason as he's a £9m cost p/a as it stands.
We’ve got a two year option on him (which I thought was weird, must only have been for accounting reasons to not just give him the 5 year deal).

But if we trigger that how much gets pushed on? The total amount not accounted for? But then if you it half way through a season, how much of the £9m can you then push on?
 

Bulderdash

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We’ve got a two year option on him (which I thought was weird, must only have been for accounting reasons to not just give him the 5 year deal).

But if we trigger that how much gets pushed on? The total amount not accounted for? But then if you it half way through a season, how much of the £9m can you then push on?
£18m left of his value at the end of last season, £9m hit due for each of the 2 seasons left of his deal, so it would have saved £4.5m this season if we'd extended in June for this season, if we extend soon, we've probably already taken a circa £4m hit leaving £14m split over 3.5 seasons so we'd still take a hit of £2m till the end of the season, totalling £6.5m for this season leaving £12m for the remaining 3 years.
 

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PuntsWolf

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£18m left of his value at the end of last season, £9m hit due for each of the 2 seasons left of his deal, so it would have saved £4.5m this season if we'd extended in June for this season, if we extend soon, we've probably already taken a circa £4m hit leaving £14m split over 3.5 seasons so we'd still take a hit of £2m till the end of the season, totalling £6.5m for this season leaving £12m for the remaining 3 years.
Fantastic!

So with that massive profit on player trading this year so far, and a predicted large profit in the 20/21 accounts due to be released in March, we basically have loads of money which we aren’t spending…
 

From Distant Shores

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Fantastic!

So with that massive profit on player trading this year so far, and a predicted large profit in the 20/21 accounts due to be released in March, we basically have loads of money which we aren’t spending…
I don't think the situation is quite as it seems. Fosun's investment in Wolves appears to be a financial one rather than for prestige like some of the big money investments in PL clubs. Wolves have over 100m in retained losses. As I understand, Wolves cannot pay dividends until the accumulated loss is cleared. It may be possible for Fosun to get Wolves to buyback its own shares and getting a return on their investment. They will have received some return on their initial investment through having sold shares in Fosun Sports.

They might be happy witj getting a return on their investment in Wolves through its ability to increase profits in other Fosun Sports companies. In that case, any profits could be available for spending.

On the other hand, some of the cash generated could be used to payback the loans Fosun companies have made to Wolves. I suspect that this will be done at some stage as these are interest free loans and will be reducing the returns at the companies that made them. Hopefullly, later rather than sooner.

I think it's impossible to predict how much Wolves will spend in a transfer window as it will depend on Fosun's strategy at the time.
 

PuntsWolf

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I don't think the situation is quite as it seems. Fosun's investment in Wolves appears to be a financial one rather than for prestige like some of the big money investments in PL clubs. Wolves have over 100m in retained losses. As I understand, Wolves cannot pay dividends until the accumulated loss is cleared. It may be possible for Fosun to get Wolves to buyback its own shares and getting a return on their investment. They will have received some return on their initial investment through having sold shares in Fosun Sports.

They might be happy witj getting a return on their investment in Wolves through its ability to increase profits in other Fosun Sports companies. In that case, any profits could be available for spending.

On the other hand, some of the cash generated could be used to payback the loans Fosun companies have made to Wolves. I suspect that this will be done at some stage as these are interest free loans and will be reducing the returns at the companies that made them. Hopefullly, later rather than sooner.

I think it's impossible to predict how much Wolves will spend in a transfer window as it will depend on Fosun's strategy at the time.
We’ve known for a while they aren’t going to bankroll us.

If they pay themselves back then they will get pelters.

They already have a return on their investment.we are valued at like £300m. Obviously they need a buyer for that to be realised but they are a massive investment company. They aren’t desperate for that liquidity. As long as the asset still has value they will be happy.

I’m not predicting we will spend anything. But all I have predicted is that there is loads of money in WWFCs own kitty to spend on players in January based on recent lack of spending. Alternatively there could be no money has Fosun have creamed off £30m a season to pay off loans. Dodgy strategy which will see us eventually relegated and a complete loss of their money.
 

The Saturday Boy

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It is all speculation though. We could be building reserves to spend very big in one go similar to Fosun’s first two years but instead of Fosun providing the funds it is the club. We have a core group of players within than 3-5 year cycle of player contracts some of whom we will have to replace to improve but any improvement in quality won’t have the same impact as first time around…it is easier to spend your way out of the Championship than it is to spend your way into the top 4 of the Premier League.

I have no idea what Fosun’s strategy is at the moment on the pitch, off the pitch it involves fleecing supporters for every penny…time will tell if that translates to success on the field but if it doesn’t they will soon see attendances fall. Cost of living in the next few years is going to put a real pressure on disposable income and declining performances on the pitch won’t keep people coming back.

If I was to speculate, I would say a major revamp will start in January and continue in the summer.
 
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