[thenry]

Southampton 2012 detailed accounts have been published: £11.9m loss (2011 loss £11.5m) #saintsfc


Note that loss for #saintsfc holding company is £11.9m (2011 loss £11.5m), while loss for the football club is £8.4m (2011 loss £11.7m).

Some larger losses in Championship 11/12: Leicester £29.7m, West Ham £25.5m, Bristol City £14.4m, Cardiff £13.6m, #saintsfc £11.9m.

#saintsfc 2012 loss includes £9.5m exceptional once-off costs, due to PL promotion: mainly £5.3m staff bonuses & £4m to former loan creditor

Like other clubs, #saintsfc will benefit from PL promotion (profit for first 6 months 12/13 reported as around £1m).


#saintsfc 2012 revenue of £22.9m up 40% from £16.4m in 2011, reflecting promotion to Championship from League One.

#saintsfc 2012 revenue £22.9m (2011 £16.4m): match day £11.8m (2011 £9.3m), TV £5.6m (2011 £1.4m), commercial £5.5m (2011 £5.7m).

#saintsfc 2012 profit on player sales £12.4m (2011 £0.0m), largely due to sale of Alex Oxlade-Chamberlain to Arsenal.

#saintsfc 2012 accounts: average attendance increased from 22,161 to 26,427.

#saintsfc 2012 staff costs up 88% to £28.7m (2011 £15.2m), incl promotion bonuses of £5.3m, and wages to turnover ratio up from 93% to 125%.

#saintsfc 125% wages to turnover ratio not unusual in Championship: Bristol City 157%, Leicester 130%, Boro 119%, Forest 119%, Cardiff 103%.

#saintsfc highest director’s remuneration was a hefty £1.576m, almost certainly for executive chairman Nicola Cortese.

#saintsfc 2012 gross debt up to £41.8m (2011 £33.2m) – mainly shareholder loan of £38m plus bank loan of £3.8m.

Since year-end the #saintsfc £38m shareholder loan has been converted into share capital, virtually wiping out the club’s debt.

#saintsfc have to pay a former creditor £1m per annum for each year that the club stays in Premier League up to 2015/16.

#saintsfc also owed £7.5m transfer fees in 2012 accounts and had net transfer expenditure of £26.1m since year-end.

https://twitter.com/SwissRamble

now heres a club I'd like to see in the Premier League next year to reap rewards of the newly signed TV deal