SPL Financials

[Ozyhibby]

http://m.stv.tv/sport/football/clubs/hearts/204137-comparing-the-wage-bills-in-the-scottish-premier-league-for-season-201011/

Last years SPL wage details. No wonder Hearts are struggling.

[brog]

http://m.stv.tv/sport/football/clubs/hearts/204137-comparing-the-wage-bills-in-the-scottish-premier-league-for-season-201011/

Last years SPL wage details. No wonder Hearts are struggling.

Paw Broon continually bleats :wink: about having no money yet sheep were 4th highest payers!!

[GoldenEagle]

Interesting about Killie, would seem that their Park Hotel business must generate some high income as for them to have a TO roughly the same as Aberdeen, Hibs and Hearts on crowds of 4k is (on the face of it) pretty impressive

[Mikey]

When that snapshot was taken St Johnstone were paying out around £2m a year less than us but they were regularly taking 3 or 4 goals off us on the pitch :rolleyes:

[Pedantic_Hibee]

Hearts :faf: :faf: :faf:

[cabbageandribs1875]

although that report was for 2010/2011 season, still...hertz Wage to turnover ratio: 116% :hilarious

[clerriehibs]

http://m.stv.tv/sport/football/clubs/hearts/204137-comparing-the-wage-bills-in-the-scottish-premier-league-for-season-201011/

Last years SPL wage details. No wonder Hearts are struggling.


116% ... :tee hee: ... what a bunch of front bottoms!

[Ozyhibby]

Interesting about Killie, would seem that their Park Hotel business must generate some high income as for them to have a TO roughly the same as Aberdeen, Hibs and Hearts on crowds of 4k is (on the face of it) pretty impressive

Brings in about £2.2m. Not sure how much profit.

[Leith Green]

That just hammers home how poorly we were being managed, we have double the wage bill of lots and a quarter on others.. Shows us and the sheep as not getting things right if u ask me. Staggering reading from hearts point if view, why would you go down that road to finish third occasionally and win a cup here and there. I dont think the guy has any intention to have them debt free.. Crooks the lot of them. What is also bizzare is rangers at 50 per cent, yet toiling to pay debts etc???

[lucky]

The Killie TO is the most interesting. Can't be the hotel. Must giving up their ground to the OF that's generating that amount

[Makaveli]

Quick and coarse* table for season 2010-11:

Team / Actual Position / Spending Position / Points per £ million / Value position



Huns
1
2
3.3
11



Celtic
2
1
2.8
12



Hertz
3
3
7.2
10



Dundee Utd
4
6
15.9
4



Kilmarnock
5
7
13.0
6=



Motherwell
6
8
13.0
6=



ICT
7
11
26.2
1



St Johnstone
8
9
16.2
3



Aberdeen
9
4
7.5
9



Hibernian
10
5
7.7
8



St Mirren
11
10
14.9
5



Hamilton
12
12
21.2
2




















.
.


.
.
.
Just highlights how much the OF overspend to ensure their positions. Obviously they had 30 and 29 points more than everyone else so don't really fit into the overall structure.

The worst value non-outliers were, predictably, Hearts - Aberdeen - Hibs. Inverness done exceptionally well.

Absolute average points per £million = 12.4
non-OF average points per £million = 14.2

*There may be mistakes.

[wookie70]

Killie had around half our average attendance in 2010/11 but more turnover and Motherwell a good bit less that half our average attendance and only 15% or so less turnover. Players sales must have something to do with it.

[Caversham Green]

The Yams figures aren't what's in the accounts. Turnover in the accounts for an 11 month period was £6.915m and staff costs was £8.034m - they've multiplied by 12 and divided by 11 to get those figures. It's nor strictly accurate because the turnover covers the whole season - they wouldn't earn much in the month of July but they still had to pay wages for that month.

Re the point about Killie, they have hotel income included in their income, while Motherwell finished higher up the table and had a European tie IIRC.

[Ozyhibby]

This is probably the best way to judge whether a manager is doing well. For Hibs, finish 5th or higher = job safe. 6th or lower = under-performing and job at risk.
This year with no Rangers and Hearts wage bill about to plummet or disappear altogether then anything less than 3rd is under-performance.

[Jonnyboy]

This is probably the best way to judge whether a manager is doing well. For Hibs, finish 5th or higher = job safe. 6th or lower = under-performing and job at risk.
This year with no Rangers and Hearts wage bill about to plummet or disappear altogether then anything less than 3rd is under-performance.

I should have known the Fenlon praise on another thread was a false dawn :greengrin

[Mikeystewart]

Correct me if someone knows better but I'm sure I heard from a Michael Johnston interview from a few years ago that on average 35-40% of Kili's turnover was from the hotel.

[vanNISHtelroy]

Brings in about £2.2m. Not sure how much profit.

Brings in no profit at all basically. More or less a cash flow type thing. The wages listed for us would include hotel and gym as afaik our yearly finances don't seperate them.

[Cocaine&Caviar]

Any idea who would have the higher wage budget between us and the Dons this year?

[VickMackie]

Rangers wages went up. Fanny's.

[Mikeystewart]

Any idea who would have the higher wage budget between us and the Dons this year?

With the number of players we released and a couple of high earners compared to the amount of players they signed who are probs on good money, Rae, Hughes, McGinn, Anderson, Hayes I would imagine their's is significantly higher.

[Ozyhibby]

I should have known the Fenlon praise on another thread was a false dawn :greengrin

Just keeping him on his toes. :-)

[vanNISHtelroy]

Killie had around half our average attendance in 2010/11 but more turnover and Motherwell a good bit less that half our average attendance and only 15% or so less turnover. Players sales must have something to do with it.

Conor Sammon moved to Wigan for £600k in Jan 2011, think that was the only sale that year....could be wrong though, was in the process of typing Bryson but checked and he moved at the begining of following season.

[JollyGreenGiant]

Still amazes me that they can spend 116% on their turnover on wages and yet they just don't see how this is effectively a form of cheating :grr:

[Finbar]

Of course Rangers wage total would only include what they paid their players. Not what they loaned to their players.

[Speedy]

Conor Sammon moved to Wigan for £600k in Jan 2011, think that was the only sale that year....could be wrong though, was in the process of typing Bryson but checked and he moved at the begining of following season.

Would that be included in the turnover figure?

I think player sales are separate in the hibs accounts.

[JIm]

Pretty incredible figures in terms of what the Old Firm spend on wages. No wonder clubs cannot compete with them............in fact taking any points off them is pretty incredible when you look at those numbers.

[PatHead]

Correct me if someone knows better but I'm sure I heard from a Michael Johnston interview from a few years ago that on average 35-40% of Kili's turnover was from the hotel.

How much do Hearts get from their 5 star hotel in Gorgie?

[vanNISHtelroy]

Would that be included in the turnover figure?

I think player sales are separate in the hibs accounts.

No idea tbh. I was just responding to the comment that I quoted

[BarneyK]

I'm just astonished that the huns' wages to turnover ratio was 50%! How could they possibly have been struggling with that figure? :dunno:

[Ozyhibby]

Maybe didn't include money paid by other means such as loans.

[BarneyK]

Actually, that's not even last year's figures, it's 2010-2011, which makes it even more astonishing if the huns are sitting at 50% because they did cut back a little bit last year (not enough, obviously).

[Caversham Green]

Would that be included in the turnover figure?

I think player sales are separate in the hibs accounts.

Player sales aren't generally included in turnover - I doubt if they're included in any of the STV figures.

Is that the year Killie won the League Cup?

[BarneyK]

Player sales aren't generally included in turnover - I doubt if they're included in any of the STV figures.

Is that the year Killie won the League Cup?

That was last year - 2011/2012 wasn't it?

[GreenPJ]

This is probably the best way to judge whether a manager is doing well. For Hibs, finish 5th or higher = job safe. 6th or lower = under-performing and job at risk.
This year with no Rangers and Hearts wage bill about to plummet or disappear altogether then anything less than 3rd is under-performance.

Whilst 3rd or better is achievable Aberdeen have strengthened, Dundee Utd have not really lost anyone and Motherwell will have had some momentum from last year despite losing a few players. I think from the depths of where we were last year and the previous 3/4 seasons a top six is progress, a top 4 is good performance and 3rd or better is an exceptional season when considering the starting point and that the rivals have not been weakened.

[Part/Time Supporter]

I'm just astonished that the huns' wages to turnover ratio was 50%! How could they possibly have been struggling with that figure? :dunno:

Distorted by Champions League qualification that year. They were goosed when they were papped out of Europe early last season. Whyte stopped paying the taxes after that. If they had qualified they could have kept going at least for another year.

[BarneyK]

Distorted by Champions League qualification that year. They were goosed when they were papped out of Europe early last season. Whyte stopped paying the taxes after that. If they had qualified they could have kept going at least for another year.

Ah right, that sounds about right. How precarious their existence was. :agree:

[happiehibbie]

All the wages are to high simple Hibs and all other teams have to reduce overheads OR make more use of the facilities to generate more income

[Speedy]

Maybe didn't include money paid by other means such as loans.

Probably not, the overheads from ibrox and murray park would be higher than most as well.