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Cardif City Wages verses turnover up until 2011

Sat Jun 30, 2012 11:03 am

Yes taken from another website but very interesting

Cardiff City turnover and wages figures 2000 to 2011.
By The other Bob Wilson on June 30, 2012



The piece on our Admin expenses costs I did yesterday provoked some comment on the messageboard I posted it on (more on that later), but I accept that it is hard to put the figures into context without more information, so I’m going to add our wage costs and turnover for the same period to the equation in this piece to try and get a better understanding of what has been happening at our club over the past eleven years.

I’m using the “wages and salaries” figure shown under the heading Staff numbers and costs in the accounts;-

y/e 31/5/01 (what is now League 2) = £3,319,876

As for turnover, the figure comes from the Consolidated profit and loss account for the period covered;-

y/e 31/5/01 = £2,754,367

% of wages to turnover = 120%



y/e 31/5/02 (what is now League 1)

wages = £6,043,479

turnover = £6,317,032

% of wages to turnover = 96%



y/e 31/5/03 (what is now League 1)

wages = £8,390,416

turnover = £7,252,029

% of wages to turnover = 116%



y/e 31/5/04 (what is now the Championship)

wages = £9,781,123

turnover = £9,550,781

% of wages to turnover = 102%



y/e 31/5/05 (what is now the Championship)

wages (from this year “social security costs” and “other pension costs” appeared in the accounts, so the figure I give from now will include them) = £10,569,727

turnover = £8,182,419

% of wages to turnover = 129%



y/e 31/5/06 (what is now the Championship) – Peter Ridsdale arrives

wages = £8,087,739

turnover = £8,008568

% of wages to turnover = 101%

N.B. There was also a payment of £201,745 to W H Sports Group for “consultancy services”



y/e 31/5/07 (what is now the Championship) – Sam Hammam leaves

wages = £9,616,754

turnover = £10,677,459

% of wages to turnover = 90%

N.B. There was also a payment of £534,490 to W H Sports Group for “consultancy services” and there was a bonus of £500,000 paid to Peter Ridsdale for his work in getting the new ground approved and reducing the Langston loan note debt.



y/e 31/5/08 (what is now the Championship) – FA Cup Final appearance

wages=£13,367,769

turnover=£12,779,029

% of wages to turnover = 105%

N.B. There was a payment of £325,000 to W H Sports Group for “consultancy services”, also, the “highest paid director received £204,000 during the year”.



y/e 31/5/09 (what is now the Championship) – Club leaves Ninian Park at end of period

wages =£13,487,145

turnover = £10,400,966

% of wages to turnover = 130%

N.B. There was a payment of £325,000 to W H Sports Group for “consultancy services”, also, the “highest paid director received £400,000 during the year”.



y/e 31/5/10 (what is now the Championship) – Club’s first season at Cardiff City Stadium, Peter Ridsdale leaves and Malaysian investors arrive at end of period

wages =£16,750,000

turnover =£16,973,000

% of wages to turnover = 99%

N.B. There was a total of £899,000 paid in Director’s remunerations - the “highest paid director received £350,000 during the year excluding compensation for loss of office” (that compensation is given as £172,000 elsewhere in the accounts).



y/e 31/5/11 (what is now the Championship)

wages = £15,762,000

turnover = £15,947,000

% of wages to turnover = 99%




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Re: Cardif City Wages verses turnover up until 2011

Sat Jun 30, 2012 11:41 am

Ridsdale had his pound of flesh didn't he eh?