New beginnings - 25% Truth, 80% Bollocks

[ChalkyWhiteIsGod]

If you’re bored

https://www.investopedia.com/terms/a/administrative-expenses.asp

But that doesn't say anything about cocaine or laundering money?

[The Artist Formerly Known as Audrey]

It’s implied!

[ThreeDrawsMentality]

Something I missed at first glance but realised now from Kieran Maguire is that he states we paid £0 in fees for registrations, but last season we acquired Khan, Hutton, Clayton and Cain by fees. There is no way we sign Khan and Hutton without fees, especially after it was reported we triggered the release clause in Khans contract

[The Artist Formerly Known as Audrey]

That’s what I was thinking. Did we pay for Wakeling and Shade?

[4D]

Matchday prices (adult)
£24 sides
£21 TE

[jayohaitchenn]

That’s what I was thinking. Did we pay for Wakeling and Shade?

Wakeling - no https://www.wiltshiretimes.co.uk/news/20257676.swindon-town-sign-striker-jacob-wakeling-one-year-contract/

Shade - no https://www.bbc.co.uk/sport/football/61915534

[jayohaitchenn]

Khan - undisclosed fee - https://www.swindonadvertiser.co.uk/sport/20283455.swindon-town-sign-chesterfield-midfielder-saidou-khan/

Hutton - undisclosed fee - https://www.swindontownfc.co.uk/news/2022/july/hutton-agrees-deal-to-join-town/

[Lemis]

Khan - undisclosed fee - https://www.swindonadvertiser.co.uk/sport/20283455.swindon-town-sign-chesterfield-midfielder-saidou-khan/

Hutton - undisclosed fee - https://www.swindontownfc.co.uk/news/2022/july/hutton-agrees-deal-to-join-town/

True, although as we found out in January, £0 is also undisclosed

[The Artist Formerly Known as Audrey]

Where would any fees received appear in the accounts?

[Batch]

Is there a difference between how fees for registrations (whatever that means), transfer fees,  and fees to release from contracts are paid

[Posh Red]

Swindon submit 22/23 accounts. Club saying it broke even but a bit disingenuous as benefitted from a £2.3m donation from the Nigel Eady Trust which is likely to be allocated to stadium purchase & as such might be better treated as a capital injection or grant.

Presumably the money came into the club from the Eady Trust, but must have gone out to the Council for the payment, or is that going to appear in next years accounts?

[4D]

Presumably the money came into the club from the Eady Trust, but must have gone out to the Council for the payment, or is that going to appear in next years accounts?

It's been accounted for already 

[RobertT]

Is there a difference between how fees for registrations (whatever that means), transfer fees,  and fees to release from contracts are paid

In the murky world of football, who the hell knows.  The player registration values, shown in the accounts, are clearly not the true value of players on the books.  I think (only think) that clubs count player acquisitions as expenses in year and sales as Revenue in year.  It would get fun trying to assess the valuation of every player every year otherwise, and that deems them an asset rather than a cost of sale (which is precisely where their wages appear).  There may be some funky accounting process to apportion the transfer fee paid over the period of a contract, to spread the impact over several years (which is about managing P&L, not cash of course).  Chelsea were having fun with this to get around the financial fair play systems.

[STFC_Manc]

Something I missed at first glance but realised now from Kieran Maguire is that he states we paid £0 in fees for registrations, but last season we acquired Khan, Hutton, Clayton and Cain by fees. There is no way we sign Khan and Hutton without fees, especially after it was reported we triggered the release clause in Khans contract

I think Kieran is wrong on this, it states £100k of additions and £10k of sales (sales is just the book value).

[joeydubya]

Didn't Saidou Khan come from Chesterfield where our interim manager/head coach/loan manager was captain? Was there some arrangement for both - wage relief? Who knows.