The threat of Coronavirus to ECFC

[DB9]

When a company uses the term "organisational restructure" it normally means there are job losses coming

Redundancies 'necessary' at Plymouth

League One-bound Plymouth Argyle say redundancies "will be necessary" as they deal with the financial impact of coronavirus.

www.bbc.co.uk

 

[Legohead]

Probably to pay the players an increase in wages due to promotion. Wouldn't put it past them.

 

[Grecian2K]

Probably to pay the players an increase in wages due to promotion. Wouldn't put it past them.

And the manager as well??

 

[John William]

They say 60% of their turnover comes from matchdays. Our percentage is probably lower as we have smaller attendances, maybe around half. But it shows the problem.

If L2 restarts on 12th September (currently seems to be the favourite) and with attendances limited to 25 or 30% of capacity until 2021, it's hard to see how most L2 clubs including us can make this work.

 

[Oldsmobile-88]

They say 60% of their turnover comes from matchdays. Our percentage is probably lower as we have smaller attendances, maybe around half. But it shows the problem.

If L2 restarts on 12th September (currently seems to be the favourite) and with attendances limited to 25 or 30% of capacity until 2021, it's hard to see how most L2 clubs including us can make this work.

A big problem at SJP will be the lack of corporate/conferencing income during the week & of course the hospitality on match days if as expected restrictions are in place for the foreseeable future.

 

[Snoop Fog]

I wonder what our break even attendance is. Assuming it's around 2k then is this number of people possible to attend SJP and remain 1m apart. No away fans will allow for a bit more space. 1 in every 3 seats could be used in the seated areas. Probably not feasible but just writing as I think. I suppose ST holders would create the issue as they have already paid.

 

[Legohead]

I think a number of steps can be taken to negate the coronavirus restrictions somewhat but I've always maintained that unless we are back to full crowds and hospitality etc then it's unviable to not only start the season but to operate as a functioning business.

Having a fraction of the amount of fans in maybe workable but ultimately financially unviable and that is the crux of the matter.

 

[Hants_red]

If we can cover fixed costs then it's financially viable in the short term.

 

[Alistair20000]

If we can cover fixed costs then it's financially viable in the short term.

Given JW's post 864 above this might be a very huge if.

 

[John William]

According to their published accounts, in 2019/19 only 20% (£1m) of FGR's turnover came from matchday income narrowly defined - the rest of the £5M was from for other sources, presumably a very large chunk in the form of donations from Mr Vince and indirectly his Ecotricity customers. (my spell check wanted to make this eccentricity, I was tempted to leave it...)

Explains why they were so keen to finish off the season behind closed doors and how they can be competitive with average attendances not much more than 2,500.

Their supporters must pray every day that he doesn't lose interest.