2021/22 National League Financial Results

Quoted from LN8Mariner

This is really interesting to read and to me identifies some well worn out threads!

A quick look at FFP and the SCMP [url]https://www.financialfairplay.co.uk/scmp.php[/url] show that with £3.1m wages “extra income” needs to do a lot of heavy lifting. If we take into account transfer income [fave thread 3  ] then this will help bring the wages into 55% or less as required.

Whilst the wages for SCMP only include player wages it highlights why we may not be able to break the bank for paying players’ wages [fave thread 2].

Taking these into account, a quick back of the envelope calculation shows that 7500 x 23 games needs an average of ~£415 per season to cover the £3.1m so unless we can move or increase capacity [fave thread 1a and 1b] then we need a lot of commercial interest or equity release (loans, benign or otherwise, cannot be included as income). An extra £1 per match per seat increases income by net gross (edit!) £175000 give or take so that’s one player on £3k per week and a 5% increase in seat prices… that’ll go down well!

So who’d sponsor the ground in its current state? I know they’re sponsoring the club in doing so but would anybody really want their name associated with a dilapidated Main Stand leaking water and money? I would also hazard a guess that this is why money is being “diverted” elsewhere currently where it does not come under the scrutiny of SCMP, e.g. training, pitch, ground improvements?

Quoted from MaccasBoots

Very interesting that Hollywood's loan to Wrexham is accruing interest at 3% over BofE base rate - maybe they aren't as generous as Wrexham fans seem to think?

Quoted from MarinerDevil

Just to note, Town's and Chesterfield's wage totals include social security and pension contributions, but I'm not sure if they're included in the SCMP calculation (if they were in League 2).

But to address your point, with a £4.4m turnover, our maximum playing budget under SCMP is ~£2.3m. We're probably already near that limit looking at our total wage bill. The £1m extra "football fortune" from the cup run will help a bit next season, but it shows how much we need to grow the commercial side of the business if we're going to compete at the top of this league or the one above... Or get a new stadium of course.

Quoted from GollyGTFC

FFP & SCMP is completely irrelevant because of the broad definition of turnover that the EFL use. It’s a complete waste of time. Owner donations and share issues are included. So owners can bankroll their club to whatever level they choose as long as it’s a share purchase or a donation and not a loan.

There’s no incentive to do the same in the NL (turn debt into shares) as there’s no FFP which is why you get eye watering losses. When these clubs reach the EFL the owner has an incentive to turn debt into shares as it helps the FFP calculation and allows free spending.

Quoted from HertsGTFC

Winning promotion with no fees on players and 3rd in the wages table is a decent achievement I reckon.

Quoted from GollyGTFC

FFP & SCMP is completely irrelevant because of the broad definition of turnover that the EFL use. It’s a complete waste of time. Owner donations and share issues are included. So owners can bankroll their club to whatever level they choose as long as it’s a share purchase or a donation and not a loan.

There’s no incentive to do the same in the NL (turn debt into shares) as there’s no FFP which is why you get eye watering losses. When these clubs reach the EFL the owner has an incentive to turn debt into shares as it helps the FFP calculation and allows free spending.

Quoted from gtfc_chris

That's third of the list of 3 clubs who provided a breakdown of their accounts. If I understand the OP right (please correct me if I'm wrong), the other teams haven't declared what and where their money was spent, so if I'm right that could mean we were lower down the list in terms of wages paid.