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Accounts have been published
Accounts have been published
https://www.whufc.com/news/financial-re ... -announced
WH Holding Ltd has today announced its financial results for the year ending 31 May 2024.
The results show a net profit before tax of £57.2million, with the Club record transfer of Declan Rice, a product of the Academy of Football, and the Club’s UEFA Europa Conference League victory prize money, which is reflected in this set of accounts, key factors.
Other factors for the significant profit include the increase in turnover thanks to the higher Premier League position achieved in 2023/24 (ninth), and higher revenues in the UEFA Europa League compared to the UEFA Europa Conference League, where the Club advanced to the quarter-final stages.
These results placed the Club in a strong and healthy position to be able to re-invest every penny of the profit, as well as investing additional funds, strengthening the men’s first team playing squad substantially and significantly during the summer 2024 transfer window, following the arrival of new Head Coach Julen Lopetegui.
WH Holding Ltd has today announced its financial results for the year ending 31 May 2024.
The results show a net profit before tax of £57.2million, with the Club record transfer of Declan Rice, a product of the Academy of Football, and the Club’s UEFA Europa Conference League victory prize money, which is reflected in this set of accounts, key factors.
Other factors for the significant profit include the increase in turnover thanks to the higher Premier League position achieved in 2023/24 (ninth), and higher revenues in the UEFA Europa League compared to the UEFA Europa Conference League, where the Club advanced to the quarter-final stages.
These results placed the Club in a strong and healthy position to be able to re-invest every penny of the profit, as well as investing additional funds, strengthening the men’s first team playing squad substantially and significantly during the summer 2024 transfer window, following the arrival of new Head Coach Julen Lopetegui.
- BillyJenningsBoots
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Re: Accounts have been published
Do shut up you idiot... Moyes left a shambolic Squad of aging and slow players that had to be retired, shipped out and overhauled ... That profit would have been a loss had we not sold Rice, who Moyes inherited. He also left us without European football after bottling it from 6th in the table!!!
Stop mincing on about Moyes you absolute F&ckwit!
Credit goes to Moyes and the Team for getting the European run which has been financially beneficial.
Stop mincing on about Moyes you absolute F&ckwit!
Credit goes to Moyes and the Team for getting the European run which has been financially beneficial.
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Re: Accounts have been published
Hammer and Pickle" wrote: ↑31 Dec 2024, 11:48 If I was a shareholder I’d take one look at that report, connect it to what is actually happening at the club and say…. SHORT!
How can you short a stock that isn't publically traded you fucking buffoon?
Re: Accounts have been published
Hammer and Pickle" wrote: ↑31 Dec 2024, 11:48 If I was a shareholder I’d take one look at that report, connect it to what is actually happening at the club and say…. SHORT!
you'll have a job as it's not a public listed company you moron.
what about the reports tells you to do that?
what about the reports tells you to do that?
- Hammer and Pickle
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Re: Accounts have been published
If I was a shareholder I’d take one look at that report, connect it to what is actually happening at the club and say…. SHORT!
Re: Accounts have been published
The shareholders do not take dividends from the club (or salaries). No dividend has been declared in the accounts.
- Hammer and Pickle
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Re: Accounts have been published
Canny investors will take these numbers with a large pinch of salt as on-pitch performance and core-client satisfaction indicate a management crisis so profits are not sustainable going forward.
- Takashi Miike
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Re: Accounts have been published
he cost the club millions in devalued players, rice being one of the few he couldn't destroy
Re: Accounts have been published
Not really.
The money for Declan Rice did. Moyes (and Lopetegui) have left us with a host of ageing players that we’re unlikely to make money on.
The money for Declan Rice did. Moyes (and Lopetegui) have left us with a host of ageing players that we’re unlikely to make money on.
- Massive Attack
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Re: Accounts have been published
That was never in question. He did well pulling in the cash and deserves a lot of respect for that. It's just the playing staff he left behind (and lack of it) I'm not so happy with.
- Massive Attack
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Re: Accounts have been published
goose wrote: ↑30 Dec 2024, 22:48
These results placed the Club in a strong and healthy position to be able to re-invest every penny of the profit, as well as investing additional funds, strengthening the men’s first team playing squad substantially and significantly during the summer 2024 transfer window, following the arrival of new Head Coach Julen Lopetegui.
Fucking LOL at strengthening substantially and significantly.