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2018/19 #afcb accounts now available. Long thread so some headlines
1) £32m loss after tax - I forecast £39m in Jan20 ✅
2) Mr Demin has dug deep into his pockets - he has now £21m of Equity and £109m of debt invested in the club 👀
3) Playing squad cost now over £200m 💪
1/12...
1) £32m loss after tax - I forecast £39m in Jan20 ✅
2) Mr Demin has dug deep into his pockets - he has now £21m of Equity and £109m of debt invested in the club 👀
3) Playing squad cost now over £200m 💪
1/12...
2/12
2018/19 #afcb profit
A) £32m bottom line loss not especially out of kilter with PL results so far
B) EBITDA (an approximation for cash generated from normal operations) broadly break even
C) Economic Profit (after cost of equity and debt) declining so who’d be an investor?
2018/19 #afcb profit
A) £32m bottom line loss not especially out of kilter with PL results so far
B) EBITDA (an approximation for cash generated from normal operations) broadly break even
C) Economic Profit (after cost of equity and debt) declining so who’d be an investor?
3/12
2018/9 #afcb turnover
A) Pretty flat but balance is changing
B) Operating turnover down £3.7m due to
- falling gate receipts (-5%),
- lower TV money (-3%)
- new sleeve sponsorship (+£0.3m)
C) Offset by rising player loan fees now at £8m - increasingly important
2018/9 #afcb turnover
A) Pretty flat but balance is changing
B) Operating turnover down £3.7m due to
- falling gate receipts (-5%),
- lower TV money (-3%)
- new sleeve sponsorship (+£0.3m)
C) Offset by rising player loan fees now at £8m - increasingly important
