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YORK CITY SOUTH


City History

2014/5 Accounts

YORK City have reported increased operating losses of 361,786 for the 2014/15 season.

The losses, accrued during the Worthington / Wilcox season, were approximately 80,000 greater than the previous season. They would have been much greater but for a 360k donation from JMP.

The full accounts, lodged at Companies House on 31st March 2016 are available to anyone to download.

Taken directly from accounts filed at Companies House and any an article in The Press, although as at 23/April/2016 they had published nothing.

Some Thoughts

  • As a private company, YCFC need only publish brief accounts, making it hard to compare season on season (or see the full detail (e.g. gate receipts, FL / TV deals))
  • Presumably extra losses reflect lower attendances due to a struggling season compared to the play offs a year earlier
  • Playing wages still less than the 2000/1 season
  • Its understood that City will retain 474,000 as a parachute payment in year one as a National League side, equal to the basic payment received by Division 2 clubs. Year 2 outside the Football League will see a 237,000 parachute payment. The relegated clubs lose out on some funding, sometimes known as "solidarity payments", which cover the likes of TV monies and performance related payments, they drop from 240,000 in The Football League to just 40,000 in The National League. Youth funding would also be under jeopardy.

Read the Yorkpress article (28/Apr/16)

20 Years Of City Accounts

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