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Cost of running cafc £23m a year

Valley27000Valley27000
in General Charlton
Yet income is only £8m a year where does the extra £15m come from next year?.

Comments

  • sammy391sammy391
    Valley27000 said:

    Yet income is only £8m a year where does the extra £15m come from next year?.

    At 3% interest
  • Valley27000Valley27000
    New owners might not do that Sammy.
  • killerandflashkillerandflash
    Valley27000 said:

    Yet income is only £8m a year where does the extra £15m come from next year?.

    Player sales and loans from the owner

    Roland has massively mismanaged the club, but even under sensible owners we'd lose money every year as the finances of football are nonsensical at the moment

    The Championship in particular is full of clubs spending money they don't have to get into the Premier League
  • Stu_of_KunmingStu_of_Kunming
    Valley27000 said:

    New owners might not do that Sammy.

    Who would a club to have it go into admin the following year?

    Any buyer will know what costs they need to cover each year, which is why the asking price is so ridiculous.
  • StigStig
    £15m is the cost of anti-terrorist measures and keeping up with the minimum wage.
  • PragueAddickPragueAddick
    A reminder that the club who beat us pretty soundly on Tuesday night run on a budget of £4m p.a., and are building a new stadium. The CEO is a fan. He is paid one guinea a year. It is owned by its fans.
  • LoOkOuTLoOkOuT
    @PragueAddick Are you saying Roland's not a fan?
  • Valley27000Valley27000
    Bradford do ok there owners are worth £12m.
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