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Saints to financial sinners

Discussion in 'Hull City' started by The Omega Man, Mar 13, 2020.

  1. The Omega Man

    The Omega Man Well-Known Member

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    Southampton have lost around 74m in two seasons.
    This club was once considers to be a model club in the way it was run.
    Every season it would sell off its best players and start again.
    It’s academy produced stars for the future and massive profits.
    From administration into playing in Europe it has had days in the gloom and in the sun.
    As a club it struggles on the field, the spark has gone out of the club and so has the money.
     
    #1
  2. originallambrettaman

    originallambrettaman Mod Moderator
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    Is there a point to this thread?

    Just in the name of accuracy, they made a £35m loss last year, but a £29m profit the year before, so their actual losses over the past two seasons were £6m.
     
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  3. The Omega Man

    The Omega Man Well-Known Member

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    The figures have just been released today.

    If there is no point in thread, there must be even less point in your post.

    It’s odd isn’t it, someone posts about Kitchens and you join in!

    At least mine is football related.
     
    #3
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  4. originallambrettaman

    originallambrettaman Mod Moderator
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    I just didn't understand what you posted it for, is there some point you were trying to make?
     
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  5. The Omega Man

    The Omega Man Well-Known Member

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    Thats the wrong way round. Plus 29 to minus 35 = 74
     
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  6. The Omega Man

    The Omega Man Well-Known Member

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    Southampton was always considered on here to be a model club compared to us. That's the point.
     
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  7. originallambrettaman

    originallambrettaman Mod Moderator
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    You think that if you make a £29m profit one year and a £35m loss the next year, then you've lost £74m over two years? :emoticon-0112-wonde
     
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  8. originallambrettaman

    originallambrettaman Mod Moderator
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    Fair enough, it just wasn't clear from your original post, though they've still got ten times our income and less debt, so I'd gladly swap places with them.
     
    #8
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  9. tigerscanada

    tigerscanada Well-Known Member

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    From + 29 to - 35 is a swing of -64 !
     
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  10. SW3 Chelsea Tiger

    SW3 Chelsea Tiger Well-Known Member

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    But you don’t report swings. You report the Net difference. -6
     
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  11. Blaknamberblood

    Blaknamberblood Well-Known Member

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    I was wondering if I'd missed something lol deffo 64 .. well it was last time I was in school anyway
     
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  12. The Omega Man

    The Omega Man Well-Known Member

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    I based my first post on the local news report on the BBC, which I am sure said 74m loss. I made a mistake.
     
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  13. Edelman

    Edelman Well-Known Member

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    So it was a dig at whoever praised Southampton ?
     
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  14. The Omega Man

    The Omega Man Well-Known Member

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    No not a dig at all, in fact I think I have even posted in the past how well Southampton is run.
     
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  15. Kempton

    Kempton Well-Known Member

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    Never mind Omega Man, I'll start a new thread about Wotsits or some other snack. That'll learn em...
     
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  16. Newland Tiger

    Newland Tiger Well-Known Member

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    I thought Burnley were the ones held-up as an example of how to run a club ?
     
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