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Financial Results y/e June 2017

DogsOfWar

Well-Known Member
Jan 12, 2005
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I'd recommend those interested in finance to have a look at Wembley's financial results to get a feel for what our new stadium could, potentially, earn as a standalone venue.
They turned over £370 last year with the biggest financial contributor being concerts, around 35, which look like being worth around £8 million each.

If we got half that amount of gigs in, say 17, at a smaller £6 million that's still around £100 million.

The potential to keep growing the club is huge.
 

spursfan77

Well-Known Member
Aug 13, 2005
46,680
104,957
That link I just posted works ok.

Swiss Ramble is a Gooner remember so that’s worth remembering. Must be posting these tweets through gritted teeth. Whichever way you look at it though we are doing very well financially.
 

mark87

Well-Known Member
Nov 29, 2004
36,195
114,917
Just shows how much of a joke club west ham are when their player amortisation is higher than ours.
 

coys200

Well-Known Member
May 22, 2017
8,436
17,403
I'd recommend those interested in finance to have a look at Wembley's financial results to get a feel for what our new stadium could, potentially, earn as a standalone venue.
They turned over £370 last year with the biggest financial contributor being concerts, around 35, which look like being worth around £8 million each.

If we got half that amount of gigs in, say 17, at a smaller £6 million that's still around £100 million.

The potential to keep growing the club is huge.

We are only allowed 16 non football events over a year. Not sure if that includes NFL or not. But let’s say it’s 16. I can’t see them all being concerts. Let’s say half. And if you work on 2/3 of £8m per concert, let’s be conservative say £5m. That’s £40m, if the Wembley figure you quoted is correct that’s a huge revenue stream.
 

kmk

Well-Known Member
Oct 5, 2014
4,196
28,092
That link I just posted works ok.

Swiss Ramble is a Gooner remember so that’s worth remembering. Must be posting these tweets through gritted teeth. Whichever way you look at it though we are doing very well financially.

I thought he is a United fan.
 

DogsOfWar

Well-Known Member
Jan 12, 2005
2,299
3,624
We are only allowed 16 non football events over a year. Not sure if that includes NFL or not. But let’s say it’s 16. I can’t see them all being concerts. Let’s say half. And if you work on 2/3 of £8m per concert, let’s be conservative say £5m. That’s £40m, if the Wembley figure you quoted is correct that’s a huge revenue stream.

I used concerts as the example as these are the big revenue generators for Wembley. They are fundamentally non-profit so it helps subsidise their other events.
Levy is anything but non-profit so I would expect all 16 events (I didn't realise it was capped) to generate similar sums.
And even 16 x £5 million on top of a likely £400 million from football gets us close to Man City/Bayern territory.
 

nicdic

Official SC Padre
Admin
May 8, 2005
41,857
25,920
Think these posts in that Swiss Ramble thread are the particularly pertinent ones given the ongoing conversations around wages at Tottenham. Think I can only embed one tweet per post, so gonna spread these out.

 

nicdic

Official SC Padre
Admin
May 8, 2005
41,857
25,920
Headline: Largest percentage increase in wage bill, £100m to £127m and now the lowest wages to turnover at 41%.

Be interesting to know how much of that is due to the bonuses for a 2nd place finish last season etc

Looks like there is definitely scope for another round of increases.
 
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