Luton Outlaws - Independent Message Board for Luton Town FC

I see on social media there’s some consternation about what we’ve spent on players and wages in the PL money seasons.

It’s been in the accounts for some time. For the last two seasons, Luton have spent the following:

Wages: £84.2M
Registrations: £54.5M not net of disposals.
Social security: £11.9M

A lovely nothing sandwich

Let’s talk debt, and bonuses adding to debt

And who will own the stadium, the supporters or the Merry men

IT does seem to have taken Gary an awfullyu long time after the accounts were published to tell the trust what to say effectively nothing

I’ll wait until the experts David Powell and Paul Owens off of Facebook have reviewed and told us The Real Truth thank you very much

The only real positive is for the trust lads to carry on nipping round Gary's gaff for tea and scones after all that propaganda guff.

The club encouraged us to challenge and no question was denied. So they didn't bother to ask how much debt PC would leave us in then?

The profit (from player sales) will contribute to player aquasitions and the construction of PC.
So despite telling us that the PL money would sort any financial issues with PC, they admit its having an adverse effect on the strengthening of the squad.

No dividends have been paid to directors from the clubs profits. Yeah, I'm sure Gary becoming a multi millionaire has had no effect on the clubs finances eh?

We were able to address some areas where there has been a level of misinformation across some social media. What areas did you actually address? Because I can't see answers to a multitude of questions that have been asked.

Thank fuck I didn't go ahead and 'PAY YER TENNER'.

So that seems like, from the premier league distributions (including parachute payments):

£144 million been spent on the playing squad (some recovered through player sales)
£40 million been spent on power court

Our recruitment really has been a disaster in recent years.

Sounds very positive.

However, when they say the club is being run sustainably, does that mean the Trust have been given an indication of the level of debt, how much it will cost to service, and whether they’ve stress-tested that against a worst-case scenario, say, us still being in League One when the new ground opens?

If they have, and the debt is still considered manageable in that scenario, then that would be very reassuring.

‘even after debt repayments’


https://thelutonian.com/hatters-in-charge-of-own-destiny-says-2020-chief-over-new-power-court-plans/

Hmmmmmm……..

All profits were reinvested into player acquisitions, the Power Court stadium project and long‑term strategic investment. For full transparency, it should be noted that no dividends have been paid to Directors from the club’s profits.

What difference does this make ? Surely it’s still money the club could use either on power court or on player development?

Would comparable include what our ceo is paid ?

The scale of overall operations remained comparable with that of other Championship clubs, therefore administrative expenses were relatively static. The club recorded an operating profit of £17.1m, driven by the first year Premier League parachute payment and significant player trading activity during the summer of 2024.

Wouldn’t it be great if the below statement also applied to all staff….👀👀👀👀

The club also confirmed that new Salary Control Management Protocol (SCMP) regulations for this season require that only 50% of turnover, plus 100% of net player trading income, plus 50% equity can be contributed to player wages, which will act as a competitive advantage for the club, which continues to target budgeting healthily within these limits.

Someone will find fault