Fawlty Towers Posted April 2 Author Report Share Posted April 2 Ayr are the latest Championship club to file their accounts: https://find-and-update.company-information.service.gov.uk/company/SC005950/filing-history Still waiting on Queens Park, Dundee, Arbroath, Cove & Accies but some of them have different accounting periods so the deadline for filing is later. Quote Link to comment Share on other sites More sharing options...
Lenziejag Posted April 2 Report Share Posted April 2 26 minutes ago, Fawlty Towers said: Ayr are the latest Championship club to file their accounts: https://find-and-update.company-information.service.gov.uk/company/SC005950/filing-history Still waiting on Queens Park, Dundee, Arbroath, Cove & Accies but some of them have different accounting periods so the deadline for filing is later. Another club making a loss and revaluing some assets. It’s a tough life in the championship. Quote Link to comment Share on other sites More sharing options...
Fawlty Towers Posted May 30 Author Report Share Posted May 30 Dundee posting a large loss in their latest accounts and expecting the same again: https://dundeefc.co.uk/news/club-statement-accounts-3/ 2 Quote Link to comment Share on other sites More sharing options...
Fawlty Towers Posted June 3 Author Report Share Posted June 3 Uncle Roy might need to be opening the medicine cabinet next season in the championship (hopefully). https://find-and-update.company-information.service.gov.uk/company/SC033275/filing-history Quote Link to comment Share on other sites More sharing options...
Lenziejag Posted June 4 Report Share Posted June 4 8 hours ago, Fawlty Towers said: Uncle Roy might need to be opening the medicine cabinet next season in the championship (hopefully). https://find-and-update.company-information.service.gov.uk/company/SC033275/filing-history There must be another set of accounts under a different name. Those haven’t changed for a few years. Quote Link to comment Share on other sites More sharing options...
Fawlty Towers Posted June 4 Author Report Share Posted June 4 1 hour ago, Lenziejag said: There must be another set of accounts under a different name. Those haven’t changed for a few years. Well spotted. These are the correct ones. https://find-and-update.company-information.service.gov.uk/company/SC171034/filing-history Quote Link to comment Share on other sites More sharing options...
Fawlty Towers Posted September 16 Author Report Share Posted September 16 Interesting to see that St Johnstone, who are normally considered one of the best run clubs, posted a £1.5M loss in their most recent accounts. Our accounts to 31/05/23 will be a painful read but we are now hopefully on a better path but we need to be mindful of what can happen if we take our eye of the ball. https://www.thescottishsun.co.uk/sport/football/11235466/scottish-premiership-club-confirm-huge-loss-st-johnstone/ Quote Link to comment Share on other sites More sharing options...
sandy Posted September 17 Report Share Posted September 17 That is a surprise indeed @Fawlty Towers. St Johnstone have generally been in the black over recent years. Quote Link to comment Share on other sites More sharing options...
Garscube Road End 2 Posted September 17 Report Share Posted September 17 1 hour ago, sandy said: That is a surprise indeed @Fawlty Towers. St Johnstone have generally been in the black over recent years. I think thete is still a big hangover with clubs due to covid. Quote Link to comment Share on other sites More sharing options...
lady-isobel-barnett Posted September 17 Report Share Posted September 17 7 hours ago, Garscube Road End 2 said: I think thete is still a big hangover with clubs due to covid. If I mind rightly a major income stream at McDiarmid was catering for funerals. Perth Crematorium is just down the road. If so then the covid restrictions must have hit St Johnstone especially hard. Quote Link to comment Share on other sites More sharing options...
Mr Bunny Posted September 18 Report Share Posted September 18 On 9/17/2023 at 1:54 PM, sandy said: That is a surprise indeed @Fawlty Towers. St Johnstone have generally been in the black over recent years. Not only that they had a double cup win in 2021. That must have filled the coffers. I wonder if some boards get careless** when they get unexpected money and blow it instead of saving some for future downturns. **or something Quote Link to comment Share on other sites More sharing options...
QXBoy Posted September 19 Report Share Posted September 19 Re St.Johnstone's finances. Some seem to have missed one other piece of the article - they've got four and half million in the bank! Wish we were so financially bereft! Quote Link to comment Share on other sites More sharing options...
Lambies Lost Doo Posted September 19 Report Share Posted September 19 On 9/17/2023 at 10:25 PM, lady-isobel-barnett said: If I mind rightly a major income stream at McDiarmid was catering for funerals. Perth Crematorium is just down the road. If so then the covid restrictions must have hit St Johnstone especially hard. If we move stadium maybe we should aim for land at Cadder/Summerston to take advantage of the crematorium & Western necropolis there £££££## Quote Link to comment Share on other sites More sharing options...
Jaggernaut Posted September 19 Report Share Posted September 19 11 minutes ago, Lambies Lost Doo said: If we move stadium maybe we should aim for land at Cadder/Summerston to take advantage of the crematorium & Western necropolis there £££££## Some might say you've lost the plot. Quote Link to comment Share on other sites More sharing options...
Dick Dastardly Posted September 19 Report Share Posted September 19 1 hour ago, Lambies Lost Doo said: If we move stadium maybe we should aim for land at Cadder/Summerston to take advantage of the crematorium & Western necropolis there £££££## Could we count them in the attendance figures ? Quote Link to comment Share on other sites More sharing options...
Woodstock Jag Posted Friday at 09:29 AM Report Share Posted Friday at 09:29 AM On 9/19/2023 at 2:50 AM, QXBoy said: Re St.Johnstone's finances. Some seem to have missed one other piece of the article - they've got four and half million in the bank! Wish we were so financially bereft! This was an important point @jaf had made in the past. The margin of safety buys you time and insulates you against shocks. St Johnstone could run a £1 million deficit for 3 years and still have decent cash in the bank. Thistle nearly literally ran out of cash last season. When you’re running up against the cash limit, especially in an expensive borrowing environment, breaking even (or even making a profit) is absolutely essential. 1 Quote Link to comment Share on other sites More sharing options...
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