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https://gtfc.co.uk/2021-club-accounts-released/- Profit of £195,505
- Turnover down 18% ( -£644,848 ), compensated by £593,216 in grants
- 1878 have invested £1.125m since the takeover
- "Despite becoming a private limited company, as part of the B Corp commitment to transparency, the board has also decided to retain the same element of detail and transparency as was provided in its previous status as a PLC"
So without the grants it would have been a significant underlying loss then? |
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| bawarmy |
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| Son of Cod |
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What's the difference between the 'Wages and Salaries' section on page 20 and 'Wages' on page 27 as the former shows that we spent less on that in 2021 than 2020 as far as I can make out?
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| mimma |
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You can find out what sports people earn on here. https://salarysport.com/search/Not sure how accurate it is though
Just had a look at Town players salaries on that. According to it, McAtee is on a lot less than Fox. Hope it is a complete guess by someone who knows nothing about Town |
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| Poojah |
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Just had a look at Town players salaries on that. According to it, McAtee is on a lot less than Fox.
Hope it is a complete guess by someone who knows nothing about Town
According to that, Ryan Sears was on more than the likes of Taylor, Clifton, Pearson and Efete (to whom he was the clear understudy). I think it might be bóllocks. |
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| diehardmariner |
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I don't recall anyone getting paid up last season either unless Runaway negotiated a handsome pay off when he ran away? I mean it's a totally plausible theory that he received a pay off because as a man who can't keep his mouth shut, he's said very little about the dodgy goings on in the boardroom he paid £500 to be part of.
It does raise some serious questions about last season though. In terms of the players Hurst signed I can't imagine the likes of Habergham (unemployed for 2 years) and Bunney (bouncing around the lower leagues) cost much. Lenny and Coke came from National League North side Hereford so again, I can't imagine they are on big money. Whatever we were paying for Matete can't have been much because he was a 19 year old kid who had played a few games for Fleetwood. Stefan Payne and Jake Eastwood might have cost a bit but still. All the talk coming out of the club at the start of the season was that our budget was significantly reduced due to Covid but the accounts seem to show otherwise.
It raises serious questions about what money we spent on people like Danny Rose, Felipe Morais, the 2 hour keeper coach, the loan signing of Kyle Bennett and the others but particularly him. Montel Gibson was given a 3 year deal and we also plucked Sisay and Ira Jackson out of obscurity. Looking at the accounts, I bet they couldn't believe what we were offering them.
A big deal was made about us not being able to keep players like Charles Vernam and Billy Clarke. Anthony Limbrick was publicly furloughed because he couldn't afford the pay cut imposed on him yet despite all this moaning about our budget from Runaway and the board, our wage bill went up £250k.
Thankfully, the people responsible for all but 3 weeks of those accounts aren't making decisions anymore but it really does leave a sour taste in my mouth.
Edit: Bilel Mohsni as well - I wonder what we were paying him?
Does make you wonder! I remember a rumour at the time we signed Bennett on loan that he was pulling in £6k a week at Bristol Rovers and we were making a decent contribution to that. Gibson, Jackson Jnr and Sissay were, according to Holloway so take it as you will, as a trio cost the same as the departing Harry Cardwell and Ahkeem Rose, can't imagine that broke the bank. Equally so you would imagine any player giving up semi-professional football is also giving up their day-job/main income. Added to that the relocation and (maybe more so in the case of Gibson and Jackson) maybe had other options or at least potential suitors, maybe we weren't getting them that cheap after all.... |
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| ginnywings |
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Just had a look at Town players salaries on that. According to it, McAtee is on a lot less than Fox.
Hope it is a complete guess by someone who knows nothing about Town
McAtee came from Scunny, whereas Fox came from Burton, so it's quite feasible it would take a bigger wage to attract Fox to drop down several levels. Not saying that site is correct but it's not always the case that the better players at a club earn the most. |
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| HerveJosse |
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What's the difference between the 'Wages and Salaries' section on page 20 and 'Wages' on page 27 as the former shows that we spent less on that in 2021 than 2020 as far as I can make out?
No doubt Jamesgtfc will explain? |
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 jamesgtfc |
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No doubt Jamesgtfc will explain?
I'm no accountant and I admit to not seeing that bit but my point still stands, we've spent £250k more money under the category of wages on Page 27 in 2021 than 2020 and it's a bit baffling. Whilst we are on the subject of Page 20, we had 125 match day staff last season when there weren't any fans attending which is a bit bizarre considering we only had 106 the year before when fans were attending. |
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| Swansea_Mariner |
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I'd hazard a guess that it was the sheer number of players at the club that ultimately resulted in the that increase on the previous seasons wages.
Remember Hurst basically recruited a whole new team in the January window on top of the large-ish squad that Holloway accumulated as the early season went on. From that point on we were basically warehousing players.
Buy cheaply buy twice proven by the looks of it.
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