THE CONCRETE ROUNDABOUT (TCR)

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 Post subject: Annual Accounts
PostPosted: Wed Apr 12, 2023 8:30 am 
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Joined: Sat Sep 23, 2017 2:38 pm
Posts: 5666
MK Dons booked a £3.6m pre-tax profit in their 2021/22 EFL League One play-off season, comfortably the best financial result in the division so far. Wages to turnover at 70%, with £1.8m day-to-day loss offset by league-high £5.5m profit on player sales. Divisional loss at £43.6m


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Last edited by East Wing Don on Wed Apr 12, 2023 8:36 am, edited 2 times in total.
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 Post subject: Re: Annual Accounts
PostPosted: Wed Apr 12, 2023 8:32 am 
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Our 3.6m profit is significantly above anyone else in the league, with the next best 0.7m by Accrington.

Ipswich's loss for League 1 is absolutely crazy. Shows what we are competing with year on year, as there always seems to be a club like that.


Last edited by East Wing Don on Wed Apr 12, 2023 8:50 am, edited 2 times in total.

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 Post subject: Re: Annual Accounts
PostPosted: Wed Apr 12, 2023 8:35 am 
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Joined: Tue Sep 26, 2017 12:05 pm
Posts: 1044
It's all lies, we're going out of business don't you know. ;)

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 Post subject: Re: Annual Accounts
PostPosted: Wed Apr 12, 2023 8:36 am 
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Doesn't the club usually make a loss? I wonder where this sits in the larger group of business? After years of those covering losses for the club has the trend reversed post COVID? So many questions, so few answers, on the plus side we aren't going bust anytime soon so that's two fingers up to the wider football community :mrgreen:


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 Post subject: Re: Annual Accounts
PostPosted: Wed Apr 12, 2023 8:40 am 
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MKAylesburyDon wrote:
Doesn't the club usually make a loss? I wonder where this sits in the larger group of business? After years of those covering losses for the club has the trend reversed post COVID? So many questions, so few answers, on the plus side we aren't going bust anytime soon so that's two fingers up to the wider football community :mrgreen:


Player sales is why the accounts look so strong. Day to day loses were 1.8mil before player sales, which actually isn't that bad compared to previous years. 70% staff costs v turnover is a huge improvement on the previous year too, although Covid made our numbers look a lot worse than they were.


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 Post subject: Re: Annual Accounts
PostPosted: Wed Apr 12, 2023 8:46 am 
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Joined: Sat Apr 28, 2018 9:37 pm
Posts: 3631
Should have spent it all on Cole Stockton or Sam Smith. #winkelmanout #sweetingout


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 Post subject: Re: Annual Accounts
PostPosted: Wed Apr 12, 2023 9:22 am 
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Posts: 2622
That colour scheme is surely the wrong way round. :lol:

Good news though. Kieran Money man will be devastated.

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 Post subject: Re: Annual Accounts
PostPosted: Wed Apr 12, 2023 9:26 am 
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Towcestrian wrote:
That colour scheme is surely the wrong way round. :lol:

Good news though. Kieran Money man will be devastated.

The more money you spend the better you are. Keep up.


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 Post subject: Re: Annual Accounts
PostPosted: Wed Apr 12, 2023 9:54 am 
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Location: In the Armchair.
Surely we can afford the Koi Carp pools now ?

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 Post subject: Re: Annual Accounts
PostPosted: Wed Apr 12, 2023 11:12 am 
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Towcestrian wrote:
That colour scheme is surely the wrong way round. :lol:

Good news though. Kieran Money man will be devastated.


Yeah the red threw me at first too. Not sure why they've used red just for us, especially as we should be black..


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