League 1 - 22/23 Financial Data

[Floyd Pepper]

Couldn't see this mentioned elsewhere.

The excellent Kieran Maguire has released some financial data for last season.
All things considered, it only highlights our incredible achievement of winning the title.

Interestingly, that shower up the A38 were the only side to make a profit!

Full thread for those who might be interested.

https://twitter.com/KieranMaguire/status/1783129775550181465?t=F2DorSlkh2JUdY8AvSpXYg&s=19

 

[South Hams James]

Slightly off topic, but, 'IF' we did go down, it would be good to see us do something similar to Ipswich last season and purchase Championship ready players / keep players on Championship salaries to have the best chance of an immediate return, then be able to push on immediately the following season. With a team that already know each other and doesn't need a complete rebuild. This of course is a risk. But i feel with Portsmouth, Derby and hopefully Bolton going up, League 1 next season would be our best chance of an instant return. lets all hope this isn't needed.......

 

[memory man]

Couldn't see this mentioned elsewhere.

The excellent Kieran Maguire has released some financial data for last season.
All things considered, it only highlights our incredible achievement of winning the title.

Interestingly, that shower up the A38 were the only side to make a profit!

Full thread for those who might be interested.

https://twitter.com/KieranMaguire/status/1783129775550181465?t=F2DorSlkh2JUdY8AvSpXYg&s=19

Surely the two phrases "that shower up the A38" and "only side to make a profit" do not belong in the same sentence? Personally, I find it highly creditable.

 

[SurreyJanner]

Slightly off topic, but, 'IF' we did go down, it would be good to see us do something similar to Ipswich last season and purchase Championship ready players / keep players on Championship salaries to have the best chance of an immediate return, then be able to push on immediately the following season. With a team that already know each other and doesn't need a complete rebuild. This of course is a risk. But i feel with Portsmouth, Derby and hopefully Bolton going up, League 1 next season would be our best chance of an instant return. lets all hope this isn't needed.......

whichever league we're playing in next season, we'll need a significant rebuild

 

[Floyd Pepper]

Surely the two phrases "that shower up the A38" and "only side to make a profit" do not belong in the same sentence? Personally, I find it highly creditable.

It was tongue in cheek, I wasn't sure that using their correct name would cause an issue with the swear check.

 

[Argyleloyal]

Slightly off topic, but, 'IF' we did go down, it would be good to see us do something similar to Ipswich last season and purchase Championship ready players / keep players on Championship salaries to have the best chance of an immediate return, then be able to push on immediately the following season. With a team that already know each other and doesn't need a complete rebuild. This of course is a risk. But i feel with Portsmouth, Derby and hopefully Bolton going up, League 1 next season would be our best chance of an instant return. lets all hope this isn't needed.......

If we can’t recruit championship ready players now and pay championship wages already what makes you think we can if we go down?

 

[GreenEden]

Interesting to see Pompey's model was similar to ours last season wages at Pompey must have been less than Argyle as they paid more in fees
Maybe Pompey will also struggle next season if they are following the same model as us

 

[IJN]

It was tongue in cheek, I wasn't sure that using their correct name would cause an issue with the swear check.

A bunch of Cundles.

 

[CarolinaGreen]

Slightly off topic, but, 'IF' we did go down, it would be good to see us do something similar to Ipswich last season and purchase Championship ready players / keep players on Championship salaries to have the best chance of an immediate return, then be able to push on immediately the following season. With a team that already know each other and doesn't need a complete rebuild. This of course is a risk. But i feel with Portsmouth, Derby and hopefully Bolton going up, League 1 next season would be our best chance of an instant return. lets all hope this isn't needed.......

Only if you want to go into serious debt with huge risks. We don't have anyone to pay off massive debts if we don't get promoted, and those Championship ready players will want near Championship salaries.

If we go down we should continue to do what we've been doing, outsmarting the competition with less money and finding ways to increase revenue to level the playing field.

 

[Brechin Hedge]

Interestingly, that shower up the A38 were the only side to make a profit!

your post loses its credibility including this comment. On what basis are they a shower???

Fan owned, making a profit and upper mid table where Argyle were not that long ago. All very credible to me and clearly the way to go for most lower league clubs who seem and endlessly to jeopardise the very existence of the club by over spending for a couple of seasons success.

Ask Torquay fans what they would like just now!

 

[Jon with no H]

Interestingly, that shower up the A38 were the only side to make a profit!

your post loses its credibility including this comment. On what basis are they a shower???

Fan owned, making a profit and upper mid table where Argyle were not that long ago. All very credible to me and clearly the way to go for most lower league clubs who seem and endlessly to jeopardise the very existence of the club by over spending for a couple of seasons success.

Ask Torquay fans what they would like just now!

It's impressive that they're able to make a profit, but it was only around 1/4 of the previous year's effort and both of those were made up almost exclusively of transfer fee income.

They have less than a third of the cash available that they had in the last accounts too.

 

[Brechin Hedge]

But when your business model is precisely set out to develop and sell young talent this is surely as good as 'operational income'. The envy of Argyle for many years. Maybe not going forward.

Of course that model may not last for ever and relies upon key individuals remaining in post which i believe has not happened recently at the Exeter academy with the loss of a key individual.

 

[greenpilled]

The stat I find most interesting isn’t posted on the thread.

Argyle generated 4th highest revenue in the league, higher than Bolton and Portsmouth who had bigger average crowds than we did, and much closer to Ipswich, Derby and Sheff Weds than average crowds would suggest

This is partly down to the club staff doing a great job selling and delivering commercial packages and merchandise. They probably don’t get enough credit. But I think it also speaks to Argyle being a bigger club capable of grabbing much higher levels of interest than people realise.

We’re the flagship sports team across two counties with 1.7m people, which has lots of attractions from a commercial and sponsorship perspective that other clubs can’t offer. The number of people supporting from far flung parts of the region or who have to move away altogether means that crowd sizes understate our fanbase in a way they don’t for other clubs.

If I was touting Argyle for investment, this is a line that I would be pushing at every opportunity.

 

[Forest of Dean Green]

I can’t figure out how on earth Forest Green had such a low wages as a percentage of revenue. Where on earth do they generate revenue given they are watched by one man and his veggie burger? You do wonder what is really under the bonnet of some of these data

 

[crownhill pilgrim]

Surely the two phrases "that shower up the A38" and "only side to make a profit" do not belong in the same sentence? Personally, I find it highly creditable.

I agree.... fan owned and making a profit. A lot to admire there.