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CPFC 2010 accounts for year ending June 16 have been released. Attached if anyone is interested Not hugely exciting. Turnover slightly down primarily as a result of reduced broadcasting fees and Other Income. Gate Receipts slightly up due to the cup run. Staff Costs hugely up. Mainly wages, up £11m y-o-y. Also worth noting it gives the summer 2016/17 purchases (including Benteke) as totaling £50.5m and receipts £39.8m
"It's almost like a moral decision. Except not really cos noone is going to find out," Jez, Peep Show |
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The accounts are certainly very comprehensive containing far more detail than required. I see that Steve Parish is now taking a salary as I assume that the director's salary of £692,000 is for him.
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A tightly run ship to be sure. Next two seasons will be interesting as turnover should be up 25-30% if we stay up and do ok. Be good if we could keep salary costs same-ish and use the extra dosh elsewhere.
Big chest and massive boobs |
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I was expecting to see a bigger profit of around £25m because we then spent out on PVA, Schlupp, Luka and of course the Sakho loan. This must be a timing of income thing I guess? Parrot
Mr Cadbury's Parrot says "Hello" |
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Originally posted by Midlands Eagle
The accounts are certainly very comprehensive containing far more detail than required. I see that Steve Parish is now taking a salary as I assume that the director's salary of £692,000 is for him. They are audited accounts so do not benefit from minimum disclosure, so they contain all the required information by law.
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Originally posted by robdave2k
They are audited accounts so do not benefit from minimum disclosure, so they contain all the required information by law. Of course but the point that I was making was that the accounts gave much more detail than required by law
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Originally posted by Midlands Eagle
The accounts are certainly very comprehensive containing far more detail than required. I see that Steve Parish is now taking a salary as I assume that the director's salary of £692,000 is for him. At first glance SP's salary seems generous (if it is for him) but on second thoughts he assumed a lot of the risk so deserves reward - unlike a lot of today's top execs. And on third thoughts many Prem players get what he gets in a matter of weeks, often sitting on the bench or under-performing.
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When its year ending 30 June 2016 how come you can report on Benteke. ?
Palace 13th 2017/18. |
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Originally posted by alaneagle1
When its year ending 30 June 2016 how come you can report on Benteke. ? It is disclosed as a post balance sheet event (well the transfer spend in aggregate is). In other words a material event that has happened since the year end for disclosure in the accounts.
"It's almost like a moral decision. Except not really cos noone is going to find out," Jez, Peep Show |
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Post balance sheet event material enough to warrant a mention
First game aged 7: 16/12/72 CPFC 5-0 MUFC - Palace for life!!!!! |
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Originally posted by OknotOK
It is disclosed as a post balance sheet event (well the transfer spend in aggregate is). In other words a material event that has happened since the year end for disclosure in the accounts. Thank you.
Palace 13th 2017/18. |
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Originally posted by OknotOK
It is disclosed as a post balance sheet event (well the transfer spend in aggregate is). In other words a material event that has happened since the year end for disclosure in the accounts. Looking forward to next year's with a nice fat credit from A. Pulis.
We don't do possession; we do defense and attack. Everything else is just wa**ing with a football. |
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