Middlesbrough Supporters Forum statement after meeting with Steve Gibson on season card price rise

In addition, ALL costs associated with purchase of a registration are capitalised and therefore amortised over the length of the contract.
This covers levies and agents fees.
Again Cash Flow is a different lens.
 
fmttmadmin said:
OAPS represent - 2 849 of the concessions.
The remainder are younger concession groups - fans of the future.
This all totals at just over 19000 total - so am supposing we have about 100 corporate. They must be regarded as a separate income item.
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Much more than 100 corporate. There is at least that in the Hardwick Bar. I'd say more like 1500.
 
indeedido said:
Rob I think you are mixing up terms.
The £22m transfer fees for Spence and Tavernier are pure profit THIS financial year and will be shown as such in the P&L. The £6.5m you refer to has cashflow, not profit ramifications only.
The costs you quote are mixing amortisation charges and outgoing cash payments.
A player’s transfer fee is amortised over the length of a contract, this is not the same as the payment schedule agreed between the clubs. Amortisation is an expense in the P&L and is accounting practise; the payment schedule is by negotiation and impacts Cash Flow not the P&L.
Clubs don’t pay Capital Gains Tax on footballers they pay Corporation Tax on the proceeds of trading them versus their amortised book value.
There is no book value for Tavernier or Spence, so their sale will be in THIS year's books as the asset (registration) is no longer owned by Boro. There is no Capital Gains Tax payable on these intangible assets.
IF there is a Nett profit before tax made by the club, then the club will be due Corporation Tax on that residual Nett Profit before Tax.
In reality the club will not make much of a profit this season even with this extraordinary £22m profit from sales.
So no tax will be paid on the proceeds of sale of Spence and Tavernier.
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These figures are from the football club.
 
fmttmadmin said:
Indeedido - the context I put these figures in and the interpretation was not mine. It was from Middlesbrough Football Club.
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I don't dispute it. My comments/explanations remain absolutely right.
The club have provided some numbers to a Fans Forum, who for whatever reason don't challenge.
It is good the Club have given something, but it is right that the numbers and their comments should be challenged when they do not make sense.
I'm not having a personal pop at you Rob, I guessed that you were passing what you had been told.
 
Frozen Horse said:
Yes, recruitment with hindsight is very easy. I think it was Fergie who said if you get 7 out of 10 signings right, you're doing extremely well.

I am shocked about running costs exceeding ticket revenue. I was always aware that the energy bill for match days must be huge to start with, and has no doubt rocketed. I note it says gate receipts rather than match day revenue, so I don't think that includes intake from refreshments etc. However, I've always though fans over-estimate how much profit the club makes on these anyway. How much of your overpriced larger is actually profit at the end of the day, once purchase cost, tax, bar staff, cooling etc have been taken out?
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If the service was any good in the concourse on a matchday they'd sell more. I don't even bother trying now.
 
viv_andersons_nana said:
I do wonder sometimes if we could’ve paid for a considerable chunk of the above if we hadn’t wasted hundreds of thousands of pounds - possibly more, even - on players like Luongo, Archer, Ameobi, Connolly, players who contributed little or nothing to the cause while taking Christ knows how much money out of the club. You can take it back longer if you want to as well.
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I honestly think we could have done without Britt Assombalonga and Rudy Gestede..
£21m..
 
indeedido said:
I don't dispute it. My comments/explanations remain absolutely right.
The club have provided some numbers to a Fans Forum, who for whatever reason don't challenge.
It is good the Club have given something, but it is right that the numbers and their comments should be challenged when they do not make sense.
I'm not having a personal pop at you Rob, I guessed that you were passing what you had been told.
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I received this reply from Boro to some of the specific points posted a couple of weeks ago regarding player sales and capital gains tax etc. They may be of interest in shedding more light on the club's finances etc.

Player sales are taken out of the trading profit and loss account and are subject to capital gains irrespective of the trading performance. Capital gains tax is 20per cent. This can be offset against losses sustaining on player purchases but it is rare we have any.
Trading performance is subject to corporation tax when a trading profit is made( very very rare in the championship) and is currently 19 per cent due to go to 25 per cent from April.
The sale of an academy player isn’t free of cost. The running costs of the academy is approximately £4m which we must spend to keep our grade 1 status. We get about a 1m£ grant from the premier league so our net cost is 3m. Our forecast is £ 3.4m next season. Our last substantial sales were in 2018 and before that many years without any thing substantial.
 
I am surprised we only have 19,000 ST

Since Boxing Day our crowds have neven been below 24,800

Away fans typically bring 500 that emans every games has had at least 5,300 walk ups.

The QPR game was 27,500 - thats about 8,000 Boro fan walk ups, if the 19,000 figure is correct.
 
Redwurzel said:
I am surprised we only have 19,000 ST

Since Boxing Day our crowds have neven been below 24,800

Away fans typically bring 500 that emans every games has had at least 5,300 walk ups.

The QPR game was 27,500 - thats about 8,000 Boro fan walk ups, if the 19,000 figure is correct.
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We have 20 000. There must be 1000 corporate.
Reading was the smallest away crowd of the season I think.
But we are getting more walk ups at the moment. Good times.
 
We have waiting lists for generation red tickets (the tickets might be discounted but try being a kid to a football match and spending less than a tenner) the number of seats we have empty for away fans is criminal, no way does the cost of segregation cost more than we can bring in first season.

The money spent on merch.. the gear is utter shyte. It's not the quality, its the design and style of it... a total waste there and a missed opportunity. MEMBERSHIP CARDS.. another revenue stream ignored for years by the club.. it should be like shooting fish in a barrel. Why can't I order stuff off the website? TJFA kids teams can buy their stuff from the kitlocker sites or whoever their supplier is.. but we can't.. we just have to wait and see what greets us in the club shop when we get there. I've had to go in and buy stuff for overseas fans and ship it over. What goes on? No excuse with the kits coming in from thailand or china or where ever.. no problem getting the fake kits (which we are creating a massive market for btw)

Errea template gear badged up well would sell like hotcakes.. as I've said on here before.. how easy is it to do a blackout kit?

The 10% increase in prices is so much harder to swallow when we can see the club just pishing away money with tickets and merch.. players is a completely separate issue for me.

It reminds me of the last few years at Darlington with Raj Singh.. but at least 3 quarters of his stadium was closed off due to Darlington planning! Printing out match day programs at a loss was unforgivable mind.

I would propose a price freeze and open the early bird renewal ticket prices to all, get a piece in the gazette explaining what we are going for and what we're aiming to do (with the above issues rectified) explain that a 10% ticket price will be incoming 1st May - if we've sold 19,000 previously, show how many we need to sell to sell out.

Selling an extra 1500 Adult season tickets would make up the 10% increase straight away plus the added benefits of food, drink and merch sales.

1500 season tickets sold on an early bird renewal basis..

why not just try and sell out the entire stadium? why not just sell decent gear in the club shop from the website?
 
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