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Times Sport - English Clubs Profitability

-Afri-Coy-

Well-Known Member
Jun 26, 2012
5,838
18,570
Liverpool shoulda won it. They are everyone’s favourites and they deserve the trophy.

They pushed Tottenham all the way and only fell £7 Million short in the race for the most profitable English Club. Tightest Profitability race we will ever see. :ROFLMAO:
 

'O Zio

Well-Known Member
Dec 27, 2014
7,405
13,785
We wouldn't be top if it included stadium debt

Yeah I don't really understand all this accounting stuff but there was a video going round the other day talking about how the stadium costs only count as a negative on the balance sheet from the tax year that we first start using it and even then the cost gets spread across the accounts of it's estimated lifetime, so if it cost us (in total) 600m, but we're classing its lifetime as 100 years, there's only a 6m hit to our annual accounts or something.

I've probably explained that terribly because I don't really know what I'm talking about, but it's something along those lines anyway according to the video I watched :D
 

Hakkz

Svensk hetsporre
Jul 6, 2012
8,196
17,270
Yeah I don't really understand all this accounting stuff but there was a video going round the other day talking about how the stadium costs only count as a negative on the balance sheet from the tax year that we first start using it and even then the cost gets spread across the accounts of it's estimated lifetime, so if it cost us (in total) 600m, but we're classing its lifetime as 100 years, there's only a 6m hit to our annual accounts or something.

I've probably explained that terribly because I don't really know what I'm talking about, but it's something along those lines anyway according to the video I watched :D

Something like that. It's an asset being written off over a long period. Even if the stadium was expensive in total, it won't show in the accounting in the same way.
 
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