The Proper Chap
Well-known Exeweb poster
- Joined
- Nov 20, 2016
- Messages
- 6,774
We have regularly lost money.No it is not. If you analyse the accounts posted at Companies House for clubs in our division, they show that most clubs at our level lose between 500k an 2 million. As the majority do not bring in the level of transfer income that we do, the losses are being picked up by owners and boards. Covering these losses allows these clubs to continue spending at a level that is arguably not sustainable. It is this and a lack of effective regulatory governance that is creating an uneven playing field.
You seem to want to ignore the money the trust puts in and the amount of time volunteers provide the club with, in essence this time is money.
As I have asked you previously, provide me with a list of clubs where the owners have stumped up shed loads of cash this summer. According to you the list is long so it should be easy for you to provide.
Your approach is very naive.
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