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YORK CITY SOUTH


City History

2015/6 Accounts

YORK City have reported slightly reduced operating losses of 300,661 for the 2015/6 season. The losses, accrued as we lost our Football League status, were approximately 60,000 less than the previous season. They would have been much greater but for a 235k donation from JMP. The full accounts, lodged at Companies House on 31st March 2017 are available to anyone to download. Main points include:

Taken directly from accounts filed at Companies House and any an article in The Press, although as at 14/April/2017 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))
  • If our maths is correct, stripping out JMP donations, operating losses reduced from 721k to 535k in the year
  • 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
  • Some numbers presented in a different format to the previous season, so a comparison needs some interpretation

Read the Yorkpress article (28/Apr/16)

20 Years Of City Accounts

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