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 yesterday at 09:20 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 yesterday at 09:33 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.

 

 

 

[OldNick]

I note that Dragan is charging 5.5% interest.

In reality getting promotion to the PL was not quite the land of milk and honey as the wage bill increases dramatically.

If we happen to go up I assume we wont be able to spend big to try and stay up?

[AlexLaw76]

Are the club Iiving beyond their means?

[O_B]

The total club debt must now be close to 1/4 billion.

[Willo of Whiteley]

Shea Charles will be sold this summer, I think, regardless of promotion or not. I’d take £20M for him

[Baird of the land]

37 minutes ago, Willo of Whiteley said:

Shea Charles will be sold this summer, I think, regardless of promotion or not. I’d take £20M for him

I'd be very annoyed if we sold Charles. If we are going to sell one, better to sell Jander.

[S-Clarke]

36 minutes ago, Baird of the land said:

I'd be very annoyed if we sold Charles. If we are going to sell one, better to sell Jander.

The contract will stipulate that I think, we'll have to sell him this summer to avoid losing an asset for £0 - unless he signs a new deal, which I'm honest is unlikely unless promotion happens.

[OldNick]

Surely Charles is worth more than 20m, we got 35m for Dibling FFS 

[Baird of the land]

32 minutes ago, S-Clarke said:

The contract will stipulate that I think, we'll have to sell him this summer to avoid losing an asset for £0 - unless he signs a new deal, which I'm honest is unlikely unless promotion happens.

They have a clause enabling them to extend him for a year, so that shouldn't be an immediate issue.

Southampton clause means they have no worries about Charles contract | Daily Echo

[Willo of Whiteley]

9 minutes ago, OldNick said:

Surely Charles is worth more than 20m, we got 35m for Dibling FFS 

Love how we’ve taken Everton to the cleaners on this deal 

[BERMUDASAINT]

 

Is the Championship heading for financial 'catastrophe'?


https://www.bbc.com/sport/football/articles/ce35l43w83lo

 

[OldNick]

Players are paid too much, period