http://www.afc.co.uk/news/8717.php#.WB2aEOCLTIU

 

AFC Reporting Operating Profit for the Third Year Running in Annual Report and Accounts for the Year Ended 30th June 2016.

 

Key Highlights:

Record turnover of £13.414m

Increased wages to £6.817m as the Club continues to invest in its playing staff.

Wages to Turnover remains at 51 per cent.

Planning Application for Kingsford to be submitted before the end of the Year.

 

Commenting on the results Chief Executive Duncan Fraser stated, "Turnover increased by £0.337 million from £13.077 million to £13.414 million as the Club again reached the third qualifying round of the UEFA Europa League, were knocked out in the third round of the League Cup and in the fourth round of the Scottish Cup and once more finished second in the SPFL. The turnover figure of £13.414 million is a new record for the Club, with commercial, sponsorship, UEFA and broadcasting revenues being higher than the previous year, while the average crowd fell from 12,750 to 12,360 and was reflected in slightly reduced gate revenues, particularly in the last four home games of the season.

 

More on the website

 

There's a housing shortage? Last time I checked there were countless flats and house for sale that aren't shifting. My own flat has been for sale since April without a single viewing despite lowering the price twice and it being in good order.

 

And didn't the last attempt to auction Pittodrie fail because no one bid?

 

You picked a small part of one sentence in an otherwise excellent post from a new poster. You raising a dispute about housing stock value in the current climate actually strengthens his observation and conclusion that there is inevitably going to be a shortfall. Whether an extra £3, 4 or 5m doesn't really matter. His post was the best on this thread for explaining the reality of this situation, something not everyone would understand.

 

Everything goes at the right price. Your flat and Pittodrie are asking too much.

Ask those paying £1800-2000 a month in rent for a 3 bed house because they cant get on the housing ladder due to the over inflated prices some were willing to pay and the shortage keeping those prices up. Thats 3 times the amount someone in Glasgow, Manchester, Birmingham, almost everywhere else in the country pays.

 

They should try and get a better deal. You'll get a nice 4 bed with a big garden in somewhere like Danestone for half that.

 

For example: https://www.aspc.co.uk/search/property/347626/14-Laurel-View/Aberdeen

They should try and get a better deal. You'll get a nice 4 bed with a big garden in somewhere like Danestone for half that.

 

For example: https://www.aspc.co.uk/search/property/347626/14-Laurel-View/Aberdeen

 

Not to play devil's advocate, but that one is already under offer and therefore not available.  Possibly because of the housing shortage

They should try and get a better deal. You'll get a nice 4 bed with a big garden in somewhere like Danestone for half that.

 

For example: https://www.aspc.co.uk/search/property/347626/14-Laurel-View/Aberdeen

 

I know that house well, its on my street.

There's reasons he wants £500 a month less than comparable houses in the area.

 

What any of this pedantic shite has to do with my points though is beyond me.

 

Beginning to think I joined afc-chat.

I know that house well, its on my street.

There's reasons he wants £500 a month less than comparable houses in the area.

 

What any of this pedantic shite has to do with my points though is beyond me.

 

Beginning to think I joined afc-chat.

 

Lol. Well said min.