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Huddersfield Town - £19m loss!! 18:23 - Jun 7 with 1562 viewstractorboy7777

Saw an article about the profits and losses of Championship teams last season (16/17) and Huddersfild towns came up as a £19m loss including a small profit from selling player(s)! (Ours wasn’t accurate though as it didn’t take into account our sale of Murphy).

So I had a quick look at the accounts on companies house and despite their turnover being £1.5m less than ours, their wages costs were £4m higher at £21.7m!! The big cost was just under £12m of ‘Promotion Costs’, which is detailed in the notes as ‘committed costs’ ‘increased payroll costs’ so presumably promotion bonuses!!

Link below to the accounts (most recent filing)
https://beta.companieshouse.gov.uk/company/01771361/filing-history


Link for the article:
http://www.dailymail.co.uk/sport/football/article-5813989/Championship-clubs-hea
[Post edited 7 Jun 2018 18:25]

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Huddersfield Town - £19m loss!! on 19:15 - Jun 7 with 1376 viewsPinewoodblue

Promotion bonuses don't count towards FFP loss limits.

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