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Millers Banter: Unofficial Rotherham United Fans Forum / Message Board → Football / Sport / RUFC Related → Accounts to June 2016
 

Topic: Accounts to June 2016

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oneaday
First Team
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Accounts to June 2016
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They don't make pretty reading.

£1.5m loss

ASD sponsorship increased by £2m to £2.9m

Loans from ASD increased by £700k to £1.3m.

 

The money has well and truly gone.

2016
£
Turnover - 13.3 million
Loss before Tax - 1.48 million
Capital & Reserves - Negative by £1,833,071
Season Tickets sold - 6,023
Average Attendance - 10,028
Admin Staff - 4
1st Team Players - 47
Youth Team Players - 33
Match Income and
Season Tickets - 2,457,206
Central Distributions - 4,858,968
Commercial Income - 4,944,229
Merchandising Income- 556,882
Media Receipts - 219,000
Wages & Salaries - 8,811,218
Nat Insce - 1,051,009
ASD Lighting Sponsorship 2,909,668
Owed to ASD Lighting 1,334,808
Loan -Repayable immediately if
ASD wish
RUFC was charged for the lease of certain assets, £1,201,712 (2015 it was £609,091) by RU Estates a company of which A R Stewart is a director & shareholder

 



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WorcesterMiller
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So where was the £2m that was promised coming from ? was it coming from TS personal fortune?




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ian
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A little light creeps in through the twitching curtains.


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ian
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www.rothbiz.co.uk/2015/04/news-4151-impressive-results-for.html

Just 18 months ago...

We have an increased turnover... and perhaps wasted it on bad choices?



-- Edited by ian on Thursday 9th of March 2017 01:22:53 PM

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gazmadmiller
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so to whome are we paying an extra £6 mil in wages ???

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gazmadmiller
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Just a thought are we paying for 3 or 4 managers we havnt got anymore ??


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BradtheMiller
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Course we are gaz, that & pigging Blackstock.

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NewYorkshire
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1.2m to rent the ground.

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hillsborough miller
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so if he sold the club we would be back to square one like at millmoor and the booths

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Exetermiller
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Being propped up by loans again - we all know where that ended up - more expensive that acquiring QPR when we were in L2 !

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oneaday
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Prestons wage bill for the same period was exactly the same as ours. Just shows what a decent manager can do.

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gazmadmiller
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WorcesterMiller wrote:

So where was the £2m that was promised coming from ? was it coming from TS personal fortune?


 Never was, smoke, mirrors & BS !!



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Nellinio
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Definately shouldnt have sold Ward though !! 😂😂

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NewYorkshire
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Nearly 9m wages and salaries - be interesting to see that breakdown. Stupid not to sell Ward.

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sickly child
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Oh dear!

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gazmadmiller
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Hold on a minuet here boys, these figures are up to June 2016. They may include what it cost us for Warnocks services but not the hire of Stubbs, the international forray to Poland, Stubbs Scottish spending spree, Jackets realisation we are a L2 club in a championship mask or anything else related to our disastrous 16/17 season. Likewise it does not include the increased payments from TV rights for 16/17 or the extra from the league. Be interesting to see the numbers June 16 to Feb 17 don't you think ??

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wotsisname
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gazmadmiller wrote:

Hold on a minuet here boys, these figures are up to June 2016. They may include what it cost us for Warnocks services but not the hire of Stubbs, the international forray to Poland, Stubbs Scottish spending spree, Jackets realisation we are a L2 club in a championship mask or anything else related to our disastrous 16/17 season. Likewise it does not include the increased payments from TV rights for 16/17 or the extra from the league. Be interesting to see the numbers June 16 to Feb 17 don't you think ??

 

I'd like to view those figures.

 

Call for a Fans' Forum anyone?



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Davidedin
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Nellinio wrote:

Definately shouldnt have sold Ward though !! 😂😂

 

exactly Nelli, this is the most inexplicable thing of all given these cir***stances, and the largest single sign of incompetence amongst many others...



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tiger cub
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oneaday wrote:

Prestons wage bill for the same period was exactly the same as ours. Just shows what a decent manager can do.

 Preston North End had a Pre-Tax loss of £4.4M. Better than the previous year which was almost £5M.

They had a turnover of £10.6M. Yes they had a wage bill of £9M and they did recruit better. Trevor Hemmings owns PNE, he`s reputed to be worth £900M, 178th richest person in the country that was according to The Sunday Times Rich List ( no I don`t believe everything I read in a newspaper ) He is very rich though.

 

 

 



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tiger cub
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BradtheMiller wrote:

Course we are gaz, that & pigging Blackstock.

 Brad, Blackstock`s salary is not in those accounts, he didn`t sign whilst September.

Unfortunately his salary will be included in the next accounts but so should some of the T.V. money.



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