How to save a Football club
WHEN TO SAVE A FOOTBALL TEAM AND WHY IT MATTERS
ROMANOV STARTS A FIGHT
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Legal Establishment /Recognition
Trust and confidence building
Leadership
Prepared to “engage” with difficult people
Negotiating
Organisational and human behavioural management
Corporate Governance- Club—FOH- SFA -SPL
Planning
Budgeting - cash flow management
Players wages – budget - restrictions
Financial pillars
Management – organisational – human behavioural
Quality of Judgement- the right investor
Determination- integrity
Politics
Media experience or for me gaining media experience
Confidence to succeed
Benchmarking- Barcelona – Bayern Munich
Ethical standards
USE YOUR CONTACTS AND RELATIONSHIPS
BUILDING TRUST
………..AND WHO YOU CAN TRUST
Values
HMFC - year 1 budget
Seasonality Spread
INCOME
£
Broadcasting
assume 6th place
JUN
JUL
AUG
SEP
OCT
NOV
DEC
JAN
FEB
MAR
APR
MAY
TOTAL
£
£
£
£
£
£
£
£
£
£
£
£
£
£
1,400,000
0
0
600,000
0
0
0
0
100,000
0
0
700,000
0
1,400,000
consider current contract
Ticket Sales
Season Tickets
2,500,000
0
0
0
0
0
0
0
0
0
0
1,250,000
1,250,000
2,500,000
Walk ups on matchday
1,200,000
0
0
126,000
126,000
126,000
126,000
66,000
126,000
126,000
126,000
126,000
126,000
1,200,000
0
0
126,000
126,000
126,000
126,000
66,000
126,000
126,000
126,000
1,376,000
1,376,000
3,700,000
0
0
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
500,000
0
0
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
20,000
200,000
0
0
796,000
196,000
196,000
196,000
136,000
296,000
196,000
196,000
2,146,000
1,446,000
5,800,000
284,367
284,367
284,367
284,367
284,367
284,367
284,367
284,367
284,367
284,367
284,367
284,367
3,412,400
39,243
39,243
39,243
39,243
39,243
39,243
39,243
39,243
39,243
39,243
39,243
39,243
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
50,000
327,776
327,776
327,776
327,776
327,776
327,776
327,776
327,776
327,776
327,776
327,776
327,776
3,933,314
3,700,000
Other Non match day income
Commercial
500,000
Other income
200,000
700,000
TOTAL INCOME
5,800,000
Expenditure
Employees
Players
3,412,400
Employers NI on Players
470,914
Scouting
50,000
Operational staff
3,933,314
867,000 NI included???
Total Employees
4,800,314
470,914
72,250
72,250
72,250
72,250
72,250
72,250
72,250
72,250
72,250
72,250
72,250
72,250
867,000
400,026
400,026
400,026
400,026
400,026
400,026
400,026
400,026
400,026
400,026
400,026
400,026
4,800,314
300,000
Property Costs
Riccarton Lease
300,000
75,000
0
0
75,000
0
0
75,000
0
0
75,000
0
0
50,000
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
Maintenance of Ground
Pitch
Equipment Hire
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,333
40,000
115,000
28,750
0
0
28,750
0
0
28,750
0
0
28,750
0
0
115,000
Rates
120,000
12,000
12,000
12,000
12,000
12,000
12,000
12,000
12,000
0
0
12,000
12,000
120,000
Water
40,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
0
0
4,000
4,000
40,000
Waste Disposal
22,000
0
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
2,000
Cleaning
90,000
7,500
7,500
7,500
7,500
7,500
7,500
7,500
7,500
7,500
7,500
7,500
7,500
Repairs incl east stand
80,000
Total Property costs
857,000
3,333
3,333
3,333
50,000
40,000
Heat and Light
22,000
90,000
6,667
6,667
6,667
6,667
6,667
6,667
6,667
6,667
6,667
6,667
6,667
6,667
80,000
141,417
39,667
39,667
143,417
39,667
39,667
143,417
39,667
23,667
127,417
39,667
39,667
857,000
OPERATIONAL COSTS
Security and medical
Police and stewards
300,000
Medical
150,000
Alarm security
0
60,000
Total Operational costs
510,000
0
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
30,000
300,000
0
0
15,000
15,000
15,000
15,000
15,000
15,000
15,000
15,000
15,000
15,000
150,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
60,000
5,000
5,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
50,000
510,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
40,000
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
4,000
40,000
75,000
Match day
Magazine ProductionFranchised
Other
Hospitality
0
40,000
0
190,000
Players other costs
Uniforms strips and Boots
150,000
0
Travelling and Accommodation
7,500
7,500
7,500
7,500
7,500
7,500
7,500
7,500
7,500
7,500
150,000
100,000
0
0
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
10,000
100,000
Canteen
50,000
0
0
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
5,000
50,000
Registrations
10,000
0
7,000
0
0
0
0
0
3,000
0
0
0
0
10,000
Training - Players
70,000
0
6,364
6,364
6,364
6,364
6,364
6,364
6,364
6,364
6,364
6,364
6,364
70,000
Motor - Players/Coaches
40,000
0
3,636
3,636
3,636
3,636
3,636
3,636
3,636
3,636
3,636
3,636
3,636
40,000
Landladies Accommodation - young players
15,000
0
1,364
1,364
1,364
1,364
1,364
1,364
1,364
1,364
1,364
1,364
1,364
Summer Training Camp - Pre - season
20,000
Football Fines & Penalties
0
5,000
20,000
0
0
0
0
0
0
0
0
0
0
15,000
20,000
0
0
500
500
500
500
500
500
500
500
500
500
5,000
0
113,364
34,364
34,364
34,364
34,364
34,364
37,364
34,364
34,364
34,364
34,364
460,000
35,000
8,750
0
0
8,750
0
0
8,750
0
0
8,750
0
0
35,000
20,000
460,000
Telecommunications
Telephone
Computer support
Marketing and comms cost
Media costs internet
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,667
20,000
100,000
0
9,091
9,091
9,091
9,091
9,091
9,091
9,091
9,091
9,091
9,091
9,091
100,000
20,000
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,667
1,667
20,000
12,083
12,424
12,424
21,174
12,424
12,424
21,174
12,424
12,424
21,174
12,424
12,424
175,000
Postages
25,000
175,000
2,083
2,083
2,083
2,083
2,083
2,083
2,083
2,083
2,083
2,083
2,083
2,083
25,000
Legal Professional
30,000
2,500
2,500
2,500
2,500
2,500
2,500
2,500
2,500
2,500
2,500
2,500
2,500
30,000
Insurance
70,000
5,833
5,833
5,833
5,833
5,833
5,833
5,833
5,833
5,833
5,833
5,833
5,833
70,000
Printing and Stationary
50,000
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
50,000
Audit and Accounting
50,000
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
50,000
Motor
25,000
2,083
2,083
2,083
2,083
2,083
2,083
2,083
2,083
2,083
2,083
2,083
2,083
25,000
Ticket Office printing
40,000
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,333
3,333
40,000
Travel & Accommodation - Admin
5,000
0
455
455
455
455
455
455
455
455
455
455
455
Other Operating Expenses - Admin
16,000
0
1,455
1,455
1,455
1,455
1,455
1,455
1,455
1,455
1,455
1,455
1,455
21,000
1,750
1,750
1,750
1,750
1,750
1,750
1,750
1,750
1,750
1,750
1,750
1,750
21,000
100,000
0
9,091
9,091
9,091
9,091
9,091
9,091
9,091
9,091
9,091
9,091
9,091
100,000
Other supplies and services
Professional Fees - Other
Credit Card Charges
Bank charges
417
417
417
417
417
417
417
417
417
417
417
417
5,000
437,000
26,333
37,333
37,333
37,333
37,333
37,333
37,333
37,333
37,333
37,333
37,333
37,333
437,000
HMRC settlement
500,000
41,667
41,667
41,667
41,667
41,667
41,667
41,667
41,667
41,667
41,667
41,667
41,667
500,000
Contingency
250,000
20,833
20,833
20,833
20,833
20,833
20,833
20,833
20,833
20,833
20,833
20,833
20,833
250,000
8,179,314
647,360
670,314
636,314
752,814
640,314
640,314
752,814
643,314
624,314
736,814
640,314
640,314
8,025,314
2,379,314
-647,360
-670,314
159,686
-556,814
-444,314
-444,314
-616,814
-347,314
-428,314
-540,814
1,505,686
805,686
-2,225,314
TOTAL EXPENDITURE
PROJECTED DEFICIT/NET FLOWS
5,000
5,000
16,000
Expenditure
HMFC - year 1 budget
INCOME
Broadcasting
Ticket Sales
Season Tickets
Walk ups on matchday
Other Non match day income
Commercial
Other income
TOTAL INCOME
Employees
Players
Employers NI on Players
Scouting
Operational staff
Total Employees
Property Costs
Riccarton Lease
Maintenance of Ground
Pitch
Equipment Hire
Heat and Light
Rates
Water
Waste Disposal
Cleaning
Repairs incl east stand
Total Property costs
OPERATIONAL COSTS
Security and medical
Police and stewards
Medical
Alarm security
Total Operational costs
Match day
Magazine ProductionFranchised
Other
Hospitality
Players other costs
Uniforms strips and Boots
Travelling and Accommodation
Canteen
Registrations
Training - Players
Motor - Players/Coaches
Landladies Accommodation - young players
Summer Training Camp - Pre - season
Football Fines & Penalties
Telecommunications
Telephone
Computer support
Marketing and comms cost
Media costs internet
Other supplies and services
Postages
Legal Professional
Insurance
Printing and Stationary
Audit and Accounting
Motor
Ticket Office printing
Travel & Accommodation - Admin
Other Operating Expenses - Admin
Professional Fees - Other
Credit Card Charges
Bank charges
HMRC settlement
Contingency
TOTAL EXPENDITURE
PROJECTED DEFICIT/NET FLOWS
MEDIA
ABOVE ALL ITS ABOUT UNDERSTANDING AND PROTECTING THE COMMUNITY
“..As in the Arts and Sciences the
first foundation is of more
consequence than all the
improvements afterwards, so it is
for a football club, the first
foundation and the plantation of
the seeds of thought, are of more
dignity and merit than all that
follows after.”