https://www.heartsfc.co.uk/news/arti...l-statements-1
Accounts out, big increase in commercial income.
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https://www.heartsfc.co.uk/news/arti...l-statements-1
Accounts out, big increase in commercial income.
Sent from my iPhone using Tapatalk
They forgot: Team - 12 months of dugsh*te
Impressive.Quote:
turnover increased by over 20% from £12.1m to £15.1m
*******s!
Maybe they’ll go after Mourinho after all. Money talks. :greengrin
as we move ever close to becoming the largest fan-owned football club in the UK
Had to stop here. Embarrassing.
Unreal how far behind them we are with regards to commercial income.
Decent figures to be fair. Wonder how much they received from their anonymous benefactors this year.
Also shows the difference in a successful supporters donation fund in addition to good cup runs.
Decent set of accounts. Serious question but, has Budge received any of her money back as of yet? Or is the FOH money getting banked away to complete that transaction at a later date?
Any million pound donations this year?
It's not size that matters it's what you do with it (so they say :greengrin) - finished above them last two seasons, won a cup more recently than them, above them now and they have a huge squad in comparison. Derbies are 'even stevens' these days between us. The match day experience at Hibs could certainly improve (no doubt about it), as could the commercial side of things, but we've also been in a position where we've posted huge profit and been as poor on the park.
Their Scottish Cup run last year must also rank as the easiest in recent memory. They may be making a lot but they're not spending it wisely or well (in my opinion).
£3.25M in total from benefactors and that does not include the FOH donations.
Profit of £ 2.9 million and no tax paid.
That’s because they are allowed to use the huge losses sustained during the Vlad years to offset any profit.
Doesn’t seem to matter that the debts created were written off , they can still use those losses to their advantage.
At least two donations this time. One 'exceptional donation' of £2.25 million and another 'exceptional donation towards player costs' of £1 million. Not counting their 'Save the Children' sponsorship, which is another mystery donation in disguise, though it's somewhere shy of £900k.
Raking in £2 million profit after being given £4 million of free money is just the kind of genius business acumen I expect from Heart of Midlothian football club.
Hope they have some cash to give McCall or McCann a decent wedge
Not read them but essentially another loss without the ‘exceptional donations?
£3.25 million donations, profit of £2.9 million?