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Blues Profit
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The Blues View Drop Down
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Joined: 05 Aug 2007
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Points: 5098 		Post Options Post Options   Thanks (0) Thanks(0)   Quote The Blues Quote  Post ReplyReply Direct Link To This Post Topic: Blues Profit
    Posted: 12 Apr 2025 at 14:17
Article about Blues - Introducing the top 15 English club actually making a profit

It is the 7th time in 8 years we have operated at a profit.

Retained Earnings Increase
b/fwd c/fwd (Deficit)
2017  (3,051,502)   (3,017,818)      33,684
2018  (3,017,818)   (2,944,482)    73,336
2019  (2,944,482)   (2,907,842)      36,640
2020  (2,907,842) (2,817,012)      90,830
2021  (2,817,012)   (2,443,968)        373,044
2022  (2,443,968)   (2,493,241)       (49,273)
2023  (2,493,241)   (2,486,368)           6,873
2024  (2,486,368)   (2,483,637)       2,731


Edited by The Blues - 13 Apr 2025 at 22:33
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Paul10 View Drop Down
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Points: 907 		Post Options Post Options   Thanks (0) Thanks(0)   Quote Paul10 Quote  Post ReplyReply Direct Link To This Post Posted: 13 Apr 2025 at 08:26
Looks good with a generous pinch of salt from this bean counter who used to work in a v big sports organisation.
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FHLH View Drop Down
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Points: 5565 		Post Options Post Options   Thanks (0) Thanks(0)   Quote FHLH Quote  Post ReplyReply Direct Link To This Post Posted: 13 Apr 2025 at 22:08
Those reserves seem to be going the wrong way for profits unless Blues were in a dreadful position 10 years ago Confused
"My father told me big men fall just as quick as little ones, if you put a sword through their hearts."
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The Blues View Drop Down
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Points: 5098 		Post Options Post Options   Thanks (0) Thanks(0)   Quote The Blues Quote  Post ReplyReply Direct Link To This Post Posted: 13 Apr 2025 at 22:30
They are negatives sorry (now fixed), I originally wasn’t intending on adding those but needed them to work out the profits. The first few years were big losses post premiership. Also the big profit year I’m pretty sure was when Irvine wrote off his directors loan account.



Edited by The Blues - 13 Apr 2025 at 22:34
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