League 2 News

[JJ red&white]

Interesting thread about L2 finances to have a look at.

https://twitter.com/i/web/status/1429847516095389703

Only league two club to break even or make a profit under their current ownership was us. By a substantial amount too!

 

[Bridgy 81]

I had forgotten that. Mark Yates wasn't it?

It was and from memory his ‘punishment’ for decking our player was minimal!

 

[Trapdoor]

Only league two club to break even or make a profit under their current ownership was us. By a substantial amount too!

It's not a huge amount when you consider it's over 18 odd years. Works out at about 89k profit a year on average.

That 90k soon disappears once you need to do some maintenance or infrastructure repairs/upgrades.

 

[malcolms]

Interesting thread about L2 finances to have a look at.

https://twitter.com/i/web/status/1429847516095389703

It shows how the business plan is totally reliant on producing saleable players...Something we knew, but perhaps not to the extent illustrated..

 

[DB9]

It shows how the business plan is totally reliant on producing saleable players...Something we knew, but perhaps not to the extent illustrated..

Great when the talent is there but if it dries up for a couple of seasons, Things could get difficult.

 

[i8cornwall]

Great when the talent is there but if it dries up for a couple of seasons, Things could get difficult.

Please don't go saying that, you know how worked up people get when people point out the flaws in how we are run as a club!

 

[Ash]

Please don't go saying that, you know how worked up people get when people point out the flaws in how we are run as a club!

Yeah, much rather be one of those other clubs who have all lost huge sums

 

[iscalad]

Great when the talent is there but if it dries up for a couple of seasons, Things could get difficult.

That's what Project 6000 is trying to redress.

 

[Colesman Ballz]

Great when the talent is there but if it dries up for a couple of seasons, Things could get difficult.

It only gets hairy if you start spending money that you don't have. You simply tailor your spending to your income.

 

[Rosencrantz]

It shows how the business plan is totally reliant on producing saleable players...Something we knew, but perhaps not to the extent illustrated..

So there is a business plan since the Trust took over...that would be progress then.