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Cost of running cafc £23m a year

Valley27000
Valley27000 Posts: 3,417
in General Charlton
Yet income is only £8m a year where does the extra £15m come from next year?.

Comments

  • sammy391
    sammy391 Posts: 3,854
    Valley27000 said:

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

    At 3% interest
  • Valley27000
    Valley27000 Posts: 3,417
    New owners might not do that Sammy.
  • killerandflash
    killerandflash Posts: 70,444
    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_Kunming
    Stu_of_Kunming Posts: 17,156
    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.
  • Stig
    Stig Posts: 29,296
    £15m is the cost of anti-terrorist measures and keeping up with the minimum wage.
  • PragueAddick
    PragueAddick Posts: 22,271
    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.
  • LoOkOuT
    LoOkOuT Posts: 10,930
    @PragueAddick Are you saying Roland's not a fan?
  • Valley27000
    Valley27000 Posts: 3,417
    Bradford do ok there owners are worth £12m.

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