£600m PROMOTION MONEY

From Facebook user


I was reading that West Ham are in dire financial trouble and may have to leave the London Stadium.

Everton's financial trouble is legion and resulted in a 10 point deduction and an unfinished new stadium.


Cardiff's financial trouble is miniscule in comparison, between 2013 and 2019 Cardiff had over £600 million in promotion payments and relegation parachute payments, so where has the money gone?


I have heard all sorts of stories like to support Tan's ailing travel business through covid to supporting other football clubs owned by him. Will someone please educate me?

https://www.facebook.com/groups/1572598 ... 2163718168

From Facebook user


I was reading that West Ham are in dire financial trouble and may have to leave the London Stadium.


Everton's financial trouble is legion and resulted in a 10 point deduction and an unfinished new stadium. Cardiff's financial trouble is miniscule in comparison, between 2013 and 2019 Cardiff had over £600 million in promotion payments and relegation parachute payments, so where has the money gone?


I have heard all sorts of stories like to support Tan's ailing travel business through covid to supporting other football clubs owned by him. Will someone please educate me?

https://www.facebook.com/groups/1572598 ... 2163718168

Diane Abbot made that up. Nowhere near £600 million. It's all in the accounts that basically we spent more than come in. The seaon we went up with Warnock we lost a mega amount just on players bonuses

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Where do people get these figures from Man City will only get just over £600m if they win the Premier league for the next 4 year.

It’s a very interesting question.

You can see what other clubs have done with their parachute payments. They’ve invested it in their squads. Some of those club went back to the PL.

If you look at our incoming transfers after relegation, the money we spent from parachute payments is nothing in comparison. We actually just did a lot of cost cutting.

West Brom are in trouble financially and Huddersfield didn’t use the parachute payments do their advantage.

Apart from that though, most others have improved their squad with them.

We clearly haven’t done that. There was the new academy building but I don’t think that money came from parachute payments because it was a joint project with the Council.

Would be very interesting to know where the money has gone.

There is a difference between financial trouble and breaking financial rules.

Scrap FFP in my opinion.

Two Premiership times, six years of parachute payments, sponsors, television incomes, merchandise and tickets sales.
We wasted the monies somewhere or it disappeared as well? Just look how the current clubs are doing, City had bad management or money just went? Something stinks?

Last edited by Ninian27 on Mon Jan 15, 2024 6:53 pm, edited 1 time in total.

It’s a very interesting question.

You can see what other clubs have done with their parachute payments. They’ve invested it in their squads. Some of those club went back to the PL.

If you look at our incoming transfers after relegation, the money we spent from parachute payments is nothing in comparison. We actually just did a lot of cost cutting.

West Brom are in trouble financially and Huddersfield didn’t use the parachute payments do their advantage.

Apart from that though, most others have improved their squad with them.

We clearly haven’t done that. There was the new academy building but I don’t think that money came from parachute payments because it was a joint project with the Council.

Would be very interesting to know where the money has gone.

What people don't realise that players sign on premiership wages the both times we went up , the parachute payments bearly cover the wage bill , the accounts don't lie its all there plain to see , teams that come down most of the time have players worth a bit and sell them to balance the books we bought rubbish under malky and warnock so had no real income other than the parachute payments there is a massive difference between tje like of us and leeds , Leicester, burnley etc .

Just looked it up we had under £300m, including parachute payments for our time in the premiership.

Just looked it up we had under £300m, including parachute payments for our time in the premiership.

Mate and we have had two promotions to Premiership.

It’s a very interesting question.

You can see what other clubs have done with their parachute payments. They’ve invested it in their squads. Some of those club went back to the PL.

If you look at our incoming transfers after relegation, the money we spent from parachute payments is nothing in comparison. We actually just did a lot of cost cutting.

West Brom are in trouble financially and Huddersfield didn’t use the parachute payments do their advantage.

Apart from that though, most others have improved their squad with them.

We clearly haven’t done that. There was the new academy building but I don’t think that money came from parachute payments because it was a joint project with the Council.

Would be very interesting to know where the money has gone.

What people don't realise that players sign on premiership wages the both times we went up , the parachute payments bearly cover the wage bill , the accounts don't lie its all there plain to see , teams that come down most of the time have players worth a bit and sell them to balance the books we bought rubbish under malky and warnock so had no real income other than the parachute payments there is a massive difference between tje like of us and leeds , Leicester, burnley etc .

People forget that it's not only the player wages every department in club need more staff to run various departments associated with premier league and it is quite substantial.. but very simplistic to say we had so many millions of free money In reality its a fraction of total amount.

Questions need answering as most clubs with three lots of parachute payments bounce back up and get back up there. We for some reason sunk and bought everything on the cheap and lower league managers, it just don’t add up?

It’s a very interesting question.

You can see what other clubs have done with their parachute payments. They’ve invested it in their squads. Some of those club went back to the PL.

If you look at our incoming transfers after relegation, the money we spent from parachute payments is nothing in comparison. We actually just did a lot of cost cutting.

West Brom are in trouble financially and Huddersfield didn’t use the parachute payments do their advantage.

Apart from that though, most others have improved their squad with them.

We clearly haven’t done that. There was the new academy building but I don’t think that money came from parachute payments because it was a joint project with the Council.

Would be very interesting to know where the money has gone.

What people don't realise that players sign on premiership wages the both times we went up , the parachute payments bearly cover the wage bill , the accounts don't lie its all there plain to see , teams that come down most of the time have players worth a bit and sell them to balance the books we bought rubbish under malky and warnock so had no real income other than the parachute payments there is a massive difference between tje like of us and leeds , Leicester, burnley etc .

People forget that it's not only the player wages every department in club need more staff to run various departments associated with premier league and it is quite substantial.. but very simplistic to say we had so many millions of free money In reality its a fraction of total amount.

Ps rules in place to stop owners taking money out club just because they put in money in 1st place it doesn't mean he can simply syphon it off unless someone can verify tan as taken money he is not entitled to ....this as been discussed lots times on here .

From Facebook user

I was reading that West Ham are in dire financial trouble and may have to leave the London Stadium.

Everton's financial trouble is legion and resulted in a 10 point deduction and an unfinished new stadium.


Cardiff's financial trouble is miniscule in comparison, between 2013 and 2019 Cardiff had over £600 million in promotion payments and relegation parachute payments, so where has the money gone?


I have heard all sorts of stories like to support Tan's ailing travel business through covid to supporting other football clubs owned by him. Will someone please educate me?

https://www.facebook.com/groups/1572598 ... 2163718168

The figure you claim for income is hugely inaccurate. Where did you get it from?

The total income in the seven year period you refer to was a fraction over £360m and included income from all sources - TV money, parachute payments, matchday income, sponsorship etc. Out of that total income payments had to be made for player wages (in some years that alone was higher than total income) and all other running costs of the club for all other employees, stadium maintenance costs etc.

The figures I quote are from audited annual accounts so I tend to regard them as far more accurate than your source which gave light to you giving such a misleading inaccurate figure.

Your other suggestions of where the money has gone are even more ridiculous.

There is a difference between financial trouble and breaking financial rules.

Scrap FFP in my opinion.

Strewth, that's twice we agree in a few days!

Seriously, I'm with you on that after listening to Pod Casts that explain how FFP hinders clubs trying to get to the top...

One great suggestion was to give 'new' Premier League clubs double FFP for the first 3 year period to afford them the opportunity to'catch up' so to speak...

But better still, get rid along with VAR...

From Facebook user


I was reading that West Ham are in dire financial trouble and may have to leave the London Stadium.

Everton's financial trouble is legion and resulted in a 10 point deduction and an unfinished new stadium.


Cardiff's financial trouble is miniscule in comparison, between 2013 and 2019 Cardiff had over £600 million in promotion payments and relegation parachute payments, so where has the money gone?


I have heard all sorts of stories like to support Tan's ailing travel business through covid to supporting other football clubs owned by him. Will someone please educate me?


The figure you claim for income is hugely inaccurate. Where did you get it from?

The total income in the seven year period you refer to was a fraction over £360m and included income from all sources - TV money, parachute payments, matchday income, sponsorship etc. Out of that total income payments had to be made for player wages (in some years that alone was higher than total income) and all other running costs of the club for all other employees, stadium maintenance costs etc.

The figures I quote are from audited annual accounts so I tend to regard them as far more accurate than your source which gave light to you giving such a misleading inaccurate figure.

Your other suggestions of where the money has gone are even more ridiculous.



https://www.facebook.com/groups/1572598 ... 2163718168

Exactly , the accounts don't lie our loses are in black and white for all to see , wages are a massive part of it

From Facebook user

From Facebook user

I was reading that West Ham are in dire financial trouble and may have to leave the London Stadium.

Everton's financial trouble is legion and resulted in a 10 point deduction and an unfinished new stadium.


Cardiff's financial trouble is miniscule in comparison, between 2013 and 2019 Cardiff had over £600 million in promotion payments and relegation parachute payments, so where has the money gone?


I have heard all sorts of stories like to support Tan's ailing travel business through covid to supporting other football clubs owned by him. Will someone please educate me?

https://www.facebook.com/groups/1572598 ... 2163718168

The figure you claim for income is hugely inaccurate. Where did you get it from?

The total income in the seven year period you refer to was a fraction over £360m and included income from all sources - TV money, parachute payments, matchday income, sponsorship etc. Out of that total income payments had to be made for player wages (in some years that alone was higher than total income) and all other running costs of the club for all other employees, stadium maintenance costs etc.

The figures I quote are from audited annual accounts so I tend to regard them as far more accurate than your source which gave light to you giving such a misleading inaccurate figure.

Your other suggestions of where the money has gone are even more ridiculous.

I will remind you that this post wasn’t posted by the OP, but someone else on social media.

I think the OP asks a fair question, as the club made no real effort to go straight back up after our last relegation from the Premier League...

Clearly, as Wez points out, the outgoings are substantially increased from promotion but also are the financial rewards

FFP is massive nowadays and it often curtails your 'rich' owners from taking a club forward as supporters might expect

My most pressing question though, would be 'Does our current owner truly have his heart on getting us back up again?'

From Facebook user


I was reading that West Ham are in dire financial trouble and may have to leave the London Stadium.

Everton's financial trouble is legion and resulted in a 10 point deduction and an unfinished new stadium.


Cardiff's financial trouble is miniscule in comparison, between 2013 and 2019 Cardiff had over £600 million in promotion payments and relegation parachute payments, so where has the money gone?


I have heard all sorts of stories like to support Tan's ailing travel business through covid to supporting other football clubs owned by him. Will someone please educate me?


The figure you claim for income is hugely inaccurate. Where did you get it from?

The total income in the seven year period you refer to was a fraction over £360m and included income from all sources - TV money, parachute payments, matchday income, sponsorship etc. Out of that total income payments had to be made for player wages (in some years that alone was higher than total income) and all other running costs of the club for all other employees, stadium maintenance costs etc.

The figures I quote are from audited annual accounts so I tend to regard them as far more accurate than your source which gave light to you giving such a misleading inaccurate figure.

Your other suggestions of where the money has gone are even more ridiculous.



https://www.facebook.com/groups/1572598 ... 2163718168

I will remind you that this post wasn’t posted by the OP, but someone else on social media.

I was aware of that by why copy it as an opening post without first checking that it was a load of b"llocks?

From Facebook user


I was reading that West Ham are in dire financial trouble and may have to leave the London Stadium.

Everton's financial trouble is legion and resulted in a 10 point deduction and an unfinished new stadium.


Cardiff's financial trouble is miniscule in comparison, between 2013 and 2019 Cardiff had over £600 million in promotion payments and relegation parachute payments, so where has the money gone?


I have heard all sorts of stories like to support Tan's ailing travel business through covid to supporting other football clubs owned by him. Will someone please educate me?


The figure you claim for income is hugely inaccurate. Where did you get it from?

The total income in the seven year period you refer to was a fraction over £360m and included income from all sources - TV money, parachute payments, matchday income, sponsorship etc. Out of that total income payments had to be made for player wages (in some years that alone was higher than total income) and all other running costs of the club for all other employees, stadium maintenance costs etc.

The figures I quote are from audited annual accounts so I tend to regard them as far more accurate than your source which gave light to you giving such a misleading inaccurate figure.

Your other suggestions of where the money has gone are even more ridiculous.



https://www.facebook.com/groups/1572598 ... 2163718168

I will remind you that this post wasn’t posted by the OP, but someone else on social media.

I was aware of that by why copy it as an opening post without first checking that it was a load of b"llocks?

Calm down and stop getting so beat up about it.

And while I'm at it read the last sentence.

Just looked it up we had under £300m, including parachute payments for our time in the premiership.

Mate and we have had two promotions to Premiership.

That is the combined figures for both promotions

Just looked it up we had under £300m, including parachute payments for our time in the premiership.

Mate and we have had two promotions to Premiership.

That is the combined figures for both promotions

Got to love NegativeNinian27; he still thinks we had two seasons in the Scottish League...

1st time we went up managers AND Tan wasted money on some dubious signings…

£100m relegation payment went a little way to balance the books.

2nd trip back to the Prem was a similar story, £100m relegation payment went towards balancing the books whereas Fulham invested in players the same time and bounced back up.

Biggest outgoing we’ve had sin the 1st visit to the Prem is compensation to sacked managers

Last years accounts...

Wages £26Mill
Gates £4.7Mill (about 25% of turnover, broadcasting is about 50%)

Last years accounts...

Wages £26Mill
Gates £4.7Mill (about 25% of turnover, broadcasting is about 50%)

I made this point in another post tickets sale are nothing compared to wages .

Last years accounts...

Wages £26Mill
Gates £4.7Mill (about 25% of turnover, broadcasting is about 50%)

Wages is for ALL members of CCFC staff not just players I take it

Last years accounts...

Wages £26Mill
Gates £4.7Mill (about 25% of turnover, broadcasting is about 50%)

Wages is for ALL members of CCFC staff not just players I take it

Yes snoop Wez confirmed this yesterday.

Last years accounts...

Wages £26Mill
Gates £4.7Mill (about 25% of turnover, broadcasting is about 50%)

Wages is for ALL members of CCFC staff not just players I take it

Yes snoop Wez confirmed this yesterday.

Just as a snippet of the extra costs being promoted can be.....one manager said a dept went from 4 staff to 100 to cater for the extra work load. ...must presume other areas have to employ more staff so easy to see costs rising expeditiously

I see one thing is not mentioned here, and that is we had two years of covid with no income from ticket sale or shop sales, yet we still had to pay wages for players and other staff and also for the running of the stadium.
As someone said in an earlier post, income was £360m and we still lost money!
Accounts show it all. To many Conspiracy theories about especially
from the good old Us of A !!!

I see one thing is not mentioned here, and that is we had two years of covid with no income from ticket sale or shop sales, yet we still had to pay wages for players and other staff and also for the running of the stadium.
As someone said in an earlier post, income was £360m and we still lost money!
Accounts show it all. To many Conspiracy theories about especially
from the good old Us of A !!!

The potential reasons are great, the facts are our debt is exponentially growing year on year.

Wow this topic has gone wild.

It seems strange how some have gone over the top??

And just maybe this is why Tan does not sell up as you never know what might be found??


It looks like a nerve has been opened.

Very very interesting and has opened my eyes.