1. Rochdale AFC Academy
Financial Plan
2018/19

2. Overall budget breakdown in detail
Detailed information of all Academy income and expenditure providing a clear overview of the financial resources to support financial sustainability.
Budget Profile attached – signed off by the Board 23/08/17

3. Financial plan of the Academy is reviewed and approved annually
by the Board of Directors
Evaluation and approval of the Academy's planned monetary expenditure and income and related financial performance outputs approved by the Board of Directors, completed monthly or quarterly and reviewed and approved at least annually. 
Budget Profile attached – signed off by the Board 23/08/17
Board Minutes attached

4. Communication of the Academy's financial performance to the League
via the standardised financial template
Communication of the Academy's monetary status is the process by which the Academy finances are communicated to external parties, using standardised forms/templates provided by the League. 
See RAFC EFL template attached

5. Analysis of costs and incomes (compensation, transfers, etc.)
of the last three seasons 
Financial review of the revenues, detailing how this has evolved over the past three years. Demonstrate how the Club assesses value for money in the context of the Academy's activities over the last three years. On the basis of the Club's definition of value for money, describe to what extent this has been achieved. 

6. Valuation of the Academy to the Football Club
The statistics attached show the value of our Academy to the Football Club. As can be seen,
we are producing a constant flow of players coming into our First Team environment.
By playing home grown players, the initial saving to the Football Club is extremely beneficial.
Once the players have become established and enhanced their professional talent, the players are then
sold on to a higher level again giving the Club a return on their investments.
An example, a player coming into the squad as a First Year Pro and performing well would probably be
earning around £250-£300 per week. Whereas, if we were to bring in a player from another Club,
we would be looking at possibly wages in the region of £1200. So, the saving initially is of great benefit to the Club.
As the young professional progresses, his wage increases so the saving to the Club becomes less.
The Salary Cap Management Process – we are encouraged to play our home grown young players in the First Team
(U21) as the player’s wage does not affect our Salary Cap Management Process . Consequently, our salary cap
headroom remains high.
Selling of Home Grown Players – we have now become known in football circles as a club producing
quality players and we are constantly being approached by Clubs wanting to buy players in the squad.
We are finding that this has become a major part of the income of the Football Club and an integral part of our
overall business model
RAFC Board

7. Valuation of the Academy to the Football Club - example  
Jamie Allen
Jamie has been a pro for 4 seasons having graduated through our Academy.
During this period, his wages have cost the Club:
Year 1 £250 pw
Year 2 £400 pw
Year 3 £600 pw
Year 4 £1600 pw
So the cost to the Club has been £148,200. Jamie was sold for £400,000 plus add ons meaning a profit of £250,000
To bring a player in from outside the Club and give the squad the same quality, etc. as Jamie we
estimate would cost the Club an average of £1000 pw for the first 3 years. Add this to his year 4 payments
and the total cost of Jamie’s wage is approx. £239,200.
Therefore, this would equate to a saving to the Club of approximately £400,000 during this period based on
the sale of Jamie and the cost of his wages.
So, from a financial perspective, we regard this as value for money from our initial investment into the
player’s development.
RAFC Board

8. Academy budget (this season) as a percentage of the Club's
turn-over (last season) 
Detail the Academy budget for the (current season) in relation to the Clubs' budget (last season). 

9. The club turnover last season (1st draft) was £5.79M
The Academy budget this season is £681,895
This means the Academy budget is 11.77% of the overall club budget

10. Planned investments and budget forecast (next three seasons)
The financial future of the Academy with planned monetary interest and investments, and showing how these investments may affect the budget over the coming seasons. Has the Club reviewed its own value for money criteria? If so, how has this impacted on the APP and specific performance targets that have been established for the Academy for the second cycle?  

11. Planned Investments
As can be seen from the statistics presented, the Academy here at Rochdale has a major role in the
future of the Football Club. The production of home grown players is the lifeblood of the Club and over
recent years, the value to the Football Club has been immeasurable. Our plans for the future are primarily
focused on a new training facility for the Academy, where they will have their own identity.
We are currently in negotiations with our local Council and we forecast that the new facility will be in
place within the next 1/2 years. The facility will give the Academy a first class venue for training and
educational requirements whilst also producing income which will be streamed directly into our Academy.
The Club are also committed to provide funding for the Academy for the next five years.
RAFC Board