Final Whistle
Season 2020-20 Financial update
Written 21 May 2020, 00:43
This was a tremendous season from a tickets income perspective.
Tickets 4,306,495 C
We made good use of the expanded ground of 28,700 places and the 5,400 youth stadium. While youth squad got promoted after finishing 2nd in 4th division, the senior team only managed to finish 5th and go to 4th round of Coupe de France
In addition the following bonuses and financial incentives were received:
Broadcasting rights for season 2020
17 May 2020, 17:07
162,257 C
Prize money for 2nd place in Division 4.
17 May 2020, 17:03
50,700 C
Prize money for 5th place in Division 2.
17 May 2020, 17:03
196,800 C
Prize money for Coupe De France
17 May 2020, 17:00
200,000 C
The only think missing this season was the sponsorship payment since we applied to late and we only got it for the next season(previously max sponsorship was 225 k including bonus)
Main expenses this season were the wages, for -1,07 M C and the energy boosts and stadium repairs for another 700k.
With an additional 1.2M in transfers and little to no cash spent, we've netted a profit of 5,5M C which is amongst the best in club's history except for seasons where we've sold for upgrading TFs.
This is a big increase over the previous season's result of 4,8M C, which included 2.8M profits from transfers, with only 3,9M from stadium income.
Seems we have achieved a sweet spot for our stadium for the moment, with planned expansions put on hold as the high cost is prohibitive for our current plan of upgrading the training facilities as soon as possible while also maintaining a team in 2nd division to be able to continue getting the 4.3M+ revenu from Stadium Income.
With wages on the rise this is critical for the long term success of the club, which now pays 205,757 C/day or around 1.4M a season, bringing the profit of over 3M regardless of transfers.
A short period of relegation could be expected if the opportunity to upgrade quicker arises but for now there is no clear deadline of when that could happen.
Current funds sit at 13M with a few players on low TL prices expected to sell over the next 1-2 weeks, hopefully getting us over the 20M mark, but that is nowhere near enough to even start planning a cash-out of some of the first team members and replacing them with reserves in the squad or external players.
Tickets 4,306,495 C
We made good use of the expanded ground of 28,700 places and the 5,400 youth stadium. While youth squad got promoted after finishing 2nd in 4th division, the senior team only managed to finish 5th and go to 4th round of Coupe de France
In addition the following bonuses and financial incentives were received:
Broadcasting rights for season 2020
17 May 2020, 17:07
162,257 C
Prize money for 2nd place in Division 4.
17 May 2020, 17:03
50,700 C
Prize money for 5th place in Division 2.
17 May 2020, 17:03
196,800 C
Prize money for Coupe De France
17 May 2020, 17:00
200,000 C
The only think missing this season was the sponsorship payment since we applied to late and we only got it for the next season(previously max sponsorship was 225 k including bonus)
Main expenses this season were the wages, for -1,07 M C and the energy boosts and stadium repairs for another 700k.
With an additional 1.2M in transfers and little to no cash spent, we've netted a profit of 5,5M C which is amongst the best in club's history except for seasons where we've sold for upgrading TFs.
This is a big increase over the previous season's result of 4,8M C, which included 2.8M profits from transfers, with only 3,9M from stadium income.
Seems we have achieved a sweet spot for our stadium for the moment, with planned expansions put on hold as the high cost is prohibitive for our current plan of upgrading the training facilities as soon as possible while also maintaining a team in 2nd division to be able to continue getting the 4.3M+ revenu from Stadium Income.
With wages on the rise this is critical for the long term success of the club, which now pays 205,757 C/day or around 1.4M a season, bringing the profit of over 3M regardless of transfers.
A short period of relegation could be expected if the opportunity to upgrade quicker arises but for now there is no clear deadline of when that could happen.
Current funds sit at 13M with a few players on low TL prices expected to sell over the next 1-2 weeks, hopefully getting us over the 20M mark, but that is nowhere near enough to even start planning a cash-out of some of the first team members and replacing them with reserves in the squad or external players.
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