Nottingham Forest - NFFC Release Financial Accounts For 2007/08
UK time is: 08:35:09
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

NFFC Release Financial Accounts For 2007/08

The latest set of financial figures released by John Pelling (NFFC Financial Director), shows that the club is still operating at a loss, but because of the continued bankrolling by Chairman Nigel Doughty, we are paying our dues.

The overall trading figures for the period were down from 9.2M-7.6M. This was due mainly to a early exits from the Cup competitions and reduced TV money. Another reason given for the drop, was a reduction in commercial revenue, due to the fact that last season saw the unveiling of a new away kit which generates less income than the home kit.

Another season spent in League 1, also hit the finances hard and this saw gate receipts fall from 5.6M-4.6M. All in all, the club is in decent shape financially and only has two significant debts. One is 3.6M owed to the City Council and the other is monies owed to Nigel Doughty. The total figure owed to the Chairman is said to be 40.2M. He is currently bailing the club out on an annual basis and last year LOANED the club 6.6M. The accounts show that the monies owed to the Chairman are repayable in 2011.

You can see the financial details in full at the official site here.




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!




Click here to join in the debate on the club forum.

The Journalist

Writer: guinless Mail feedback, articles or suggestions

Date:Sunday December 14 2008

Time: 8:56AM

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Nottingham Forest Articles

Forest Know 2015-16 Opponents (Monday May 25 2015)

Mills Holds Forest Talks (Sunday May 24 2015)

Chettle's Second Chance? (Monday May 18 2015)

Reported Target Released By Bolton (Saturday May 16 2015)

Duo Linked To Forest (Wednesday May 13 2015)

Archived Nottingham Forest Articles

List All Vital Forest Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. Jimmy Gordon 482
2. PVH 386
3. Calvin Plummer 222
4. the jock 199
5. da fuq 190
6. orbitalforest 186
7. MrsBrownsBoys 155
8. ZedRed 150
9. Pope John XXIII 142
10. in_the_top_one 118

League Table (view table)

Team P W D L GD Pts
11. Cardiff 46 16 14 16 -4 62
12. Charlton 46 14 18 14 -6 60
13. Sheff Wed 46 14 18 14 -6 60
14. Forest 46 15 14 17 2 59
15. Leeds Utd 46 15 11 20 -11 56
16. Huddersfield 46 13 16 17 -17 55
17. Fulham 46 14 10 22 -21 52

Breaking League News

Garbutt considering Cherries deal
Bournemouth : 26/05/2015 08:31:01
Arter: We will try to ignore media spotlight
Bournemouth : 26/05/2015 08:20:00
Gayle could cost 4.5million
Bournemouth : 26/05/2015 08:09:01
LUFC Leeds fans to clock up the miles next season
Leeds Utd : 26/05/2015 08:00:00
Cherries target linked with Spurs
Bournemouth : 26/05/2015 07:55:01

Current Site Poll (view all polls)

Cardiff MotM
Suggested By:  Site Staff
Darlow 8%
Kane 4%
Hobbs 0%
Lascelles 9%
Mancienne 4%
Lansbury 4%
Gardner 4%
Vaughan 4%
Burke 4%
Blackstock 23%
Antonio 0%
Sub - Akpom 4%
Sub - Paterson 4%
Sub - Osborn 28%