Saints Accounts 2024/25

[Football Special]

https://www.dailyecho.co.uk/sport/25996254.southampton-fc-post-53-9million-loss-2024-25-financial-accounts/

Some interesting numbers , doesn't seem to make great reading and Alfie mentioned on podcast yesterday unclear if we breached PSR or whatever its called now. 

We've made a few sales since then and got wages off the books

Cup runs would have added some extra unexpected funds this season with trips to Anfield and Wembley,  hopefully Dragan has sorted out his business troubles. 

[IFHP]

40 minutes ago, Football Special said:

https://www.dailyecho.co.uk/sport/25996254.southampton-fc-post-53-9million-loss-2024-25-financial-accounts/

Some interesting numbers , doesn't seem to make great reading and Alfie mentioned on podcast yesterday unclear if we breached PSR or whatever its called now. 

We've made a few sales since then and got wages off the books

Cup runs would have added some extra unexpected funds this season with trips to Anfield and Wembley,  hopefully Dragan has sorted out his business troubles. 

Perhaps now those fans that think staying down is a good thing will change their minds. Next season team if we do stay down will be a lot weaker as we cut costs accordingly.

I’m not sure we’ve breached PSR as we made a profit in our promotion winning season. I also don’t think even Dragan and the loons would not have sanctioned a £50 million spending spree if we were close.

I’d have thought a lot of the losses would have been recouped with the sales last summer which I think happened in July / August so wouldn’t have been included in these accounts.

 

Edited 12 hours ago by IFHP

[trousers]

18 minutes ago, Football Special said:

hopefully Dragan has sorted out his business troubles

It's all gone a tad quiet since he was booted out of United Group, the company he established and upon which made his fortune. What's he doing now? Surprised journos haven't been asking this question over the last 6 - 9 months (seemingly)

[Saint_clark]

From what I read in there it doesn't seem we are anywhere close to breaching PSR?

[Ex Lion Tamer]

There should surely be a rule that football club accounts have to be drawn up on a year end 31 August basis to cover the summer transfer window

Edited 12 hours ago by Ex Lion Tamer

[Scottie]

6 hours ago, Saint_clark said:

From what I read in there it doesn't seem we are anywhere close to breaching PSR?

It says we are about £20m over the three year limit but before infrastructure etc is taken off. Reads like touch and go.

[23rdSaint]

 

 

 

[Willo of Whiteley]

We’ll probably be fine

[Harry_SFC]

28 minutes ago, 23rdSaint said:

 

 

 

Guess it's a good job we had a few big sales last summer. 

[SaintsLoyal]

We will need to sell to buy players if we stay in the Champ. The Shea Charles situation isnt good and we can ill afford to lose money on contracts being run down. He should at least do the honourable thing and a year or two on contract with a fixed transfer price.

I think the overall debt situation needs to be tackled with no movement in five years and millions being spent on interest charges.