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Last years SPL wage details. No wonder Hearts are struggling.
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Thread: SPL Financials
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04-12-2012 03:29 PM #1
SPL Financials
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04-12-2012 03:32 PM #2This quote is hidden because you are ignoring this member. Show Quote
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04-12-2012 03:39 PM #3
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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
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04-12-2012 03:42 PM #4
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
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04-12-2012 03:44 PM #5
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Hearts
"Play for the name on the front of the jersey and the supporters will remember the name on the back"
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04-12-2012 03:44 PM #6
although that report was for 2010/2011 season, still...hertz Wage to turnover ratio: 116%
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04-12-2012 03:45 PM #7
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116% ... ... what a bunch of front bottoms!
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04-12-2012 03:53 PM #8This quote is hidden because you are ignoring this member. Show Quote
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04-12-2012 03:55 PM #9
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???
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04-12-2012 04:05 PM #10
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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
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04-12-2012 04:36 PM #11
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
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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.Last edited by Makaveli; 04-12-2012 at 04:52 PM.
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04-12-2012 04:37 PM #12
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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.
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04-12-2012 04:59 PM #13
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.
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04-12-2012 05:07 PM #14
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.
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04-12-2012 07:52 PM #15This quote is hidden because you are ignoring this member. Show QuoteThis is how it feels
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04-12-2012 08:04 PM #16
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.
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04-12-2012 08:07 PM #17This quote is hidden because you are ignoring this member. Show Quote
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04-12-2012 08:17 PM #18
Any idea who would have the higher wage budget between us and the Dons this year?
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04-12-2012 08:18 PM #19
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Rangers wages went up. Fanny's.
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04-12-2012 08:19 PM #20This quote is hidden because you are ignoring this member. Show Quote
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04-12-2012 08:22 PM #21This quote is hidden because you are ignoring this member. Show Quote
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04-12-2012 08:26 PM #22This quote is hidden because you are ignoring this member. Show Quote
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04-12-2012 08:52 PM #23
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
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04-12-2012 09:07 PM #24
Of course Rangers wage total would only include what they paid their players. Not what they loaned to their players.
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04-12-2012 10:24 PM #25This quote is hidden because you are ignoring this member. Show Quote
I think player sales are separate in the hibs accounts.
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04-12-2012 10:34 PM #26
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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.
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04-12-2012 10:46 PM #27
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04-12-2012 10:50 PM #28This quote is hidden because you are ignoring this member. Show Quote
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04-12-2012 11:00 PM #29
I'm just astonished that the huns' wages to turnover ratio was 50%! How could they possibly have been struggling with that figure?
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