Financial Update

[iloveireland]

My financial situation is better than Hoopers but not much better.

 

[Gilly Fan]

Hooper, how did you ge such a profit?

 

[Hooper]

Hooper, how did you ge such a profit?

Dunno

Balance
Current Balance: £337,295
Projected balance at next Update: £358,367

Here I am now.

 

[Gilly Fan]

Current Balance: £233,533
Projected balance at next Update: £253,647

Mmm.

 

[aussie1st]

And so it begins, 55k misc has been taken out and I'm not even making a 20k profit with 80k interest :crying

Current Balance: ?1,945,078
Projected balance at next Update: ?1,960,946

 

[Gilly Fan]

I'm certainly not going to be makinng a profit anymore...

OMFG! OMFG!

Current Balance: £253,647
Projected balance at next Update: £201,003

Does this make it much more tougher for new teams who'll be losing money as soon as they join?

 

[Griffo]

Where did all these losses come from??? This is ridiculous!!!

 

[Gilly Fan]

Because the miscllaneous income of 55k is being taken away for FC.

They say that you'll still get the 50k a week from the FC games on the sledging boards.

 

[Griffo]

Well why are you complaining?

 

[surendar]

In this week's financial update, i got no money from misc.

Miscellaneous: 0

This took me to negative profit :

Projected Profit/Loss: -12,033

 

[Jaztheman]

Current Balance: £303,802
Projected balance at next Update: £310,646

I'm confused?

 

[Griffo]

its all to do with the intro of first class matches, the money should come back through the first class matches and so we dont get to much cash flow they took this out

 

[FreddieFan]

Current Balance: £1,122,028
Projected balance at next Update: £1,091,188
This Week: Income: Expenditure:
Gate Receipts: 0 Ground Maintenance: 37,130
Sponsors: 42,831 Salaries: 37,081
Interest: 55,540 Interest: 0
Miscellaneous: 0 Miscellaneous: 0
Staff Costs: 55,000
Youth Academy: 0

Total Income: 98,371 Total Expenditure: 129,211
Projected Profit/Loss: -30,840

Lack of FC subsidy makes things interesting. When I get high enough to maximise interest I'll make a loss of 5k, without gate reciepts, but that's without considering my wage increases which will be fairly substantial.

 

[aussie1st]

Do we get money for all FC games or just our home games?

 

[voldemort]

Current Balance: ?91,415
Projected balance at next Update: ?34,394

w00t no subsidy and i get this:

Projected Profit/Loss: -57,021