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Financial Results

Increase in wages, gate receipts down, deferred season ticket income looks disappointing but might not tell full picture. Losses 2 years in a row (after tax)..  (impairment item in 2017)

 

 

I guess the DNA income isnt there at least I havent found it yet.

 

Any accountancy type folk want to have a closer look at overall ? I wouldnt be too comfortable with these results and also given trajectory so far of this season I would have concerns. Guess if we sell Mckenna for a few million that will help....

 

N.B. Duncan Fraser ( i assume, helped himself to a 50% pay rise) .. which is double our average first team player salary....

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£360k for highest paid director-£30k per month !!?

Signing on fees for players @ manager ..

Fees in for Mclean etc.

Around 1million towards new training facilities

Will be other budgeted expenses so our profit of 85k

Is a bit of a smokescreen but a legal one.?

The Board of Directors listed on afc website consist of :

 

Craig Brown, Ian Jack, Duncan Skinner, Dave Cormack, Gordon Buchan, Robert Wicks

 

360K for highest paid. What's the total sum they are siphoning from the club ? 

  Are the rest of them on 350k each.

 

 

GWT actually quite reasonable. All he gets is an annual pass into Espionage and a prescription from the club doctor once a month for Viagra (extra strength)

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