Financial Criteria Changes

2020 will see some key changes in relation to financial judging criteria. The aim is for awards to be decided mainly by criteria that is specific to a particular award rather than being significantly impacted by a club’s financials. 

The main difference between the previous criteria and the new 2020 criteria is  that a lower benchmark has been set in order to achieve the full marks allocation. The changes award full marks to clubs with reasonably good financials but does not overly reward clubs with excessively good financials.

A clubs’ financial statements contribute to 25 marks of the overall 100 marks of the General Questionnaire. These 25 marks also carry over into the Core Purpose Award categories, and Club/Secretary Manager of the Year category. See below for an overview of the old vs new criteria.

EBITDARD percentage (profitability) (20 marks)

 EBITDARD%  OLD Criteria  NEW Criteria
 24%+  20 marks  20 marks  
 15%  10 marks  20 marks 
 12%+  8 marks  14 marks
 10%+  6 marks  10 marks
 7%+  2 marks  4 marks
 6%+  2 marks  2 marks
 5%  0 marks  0 marks

QUICK RATIO (5 marks)

OLD Criteria:
Quick ratio is currently judged on a consistent scale, with maximum 5 marks given for a quick ratio above 2.5, i.e.:

 Quick ratio above 2.5:  5 marks
 0.5 to 0.75:  1.0 mark
 0.25 to 0.50:  0.5 marks
 0 to 0.25:  0 marks

NEW Criteria:

 Greater than 1:   5 marks
 0.8 to 1:   4 marks
 0.6 to 0.8:  3 marks
 0.4 to 0.6:  2 marks
 0.2 to 0.4:  1 mark