[Westbars Spireite]

lindo-spireite, on 13 March 2015 - 08:04 PM, said:

Just that they're in the championship pulling a hell of a lot more money in, a chairman that supports the club, and don't seem to have a muppet as CEOs (although they do as manager)

Their income will be higher that ours.

But I would expect their outgoings to be far far bigger.

Underwritten at the moment by a benevolent chairman but not sustainable without him.

This post has been edited by Westbars Spireite: 13 March 2015 - 09:06 PM

[Beelzebub]

lindo-spireite, on 13 March 2015 - 08:04 PM, said:

Just that they're in the championship pulling a hell of a lot more money in, a chairman that supports the club

As opposed to our chairman? If that is really your opinion you are very naive.

Their chairman is nowhere near rich enough to continue pouring millions into a bottomless pit. - and the financial fair play rules wouldn't let him even if he had. The only sustainable way of running a football club is the way we do it, not the boom and bust approach of clubs like Rotherham.

We may not be spending the millions on players and many millions more on players wages that Rotherham are doing this season but I'm confident that in five years time we will still be playing football at or above our current level with much reduced indebtedness and that we will be at the same level or higher than Rotherham who will do very well to survive the next five years without going bust again.

[Trigger]

Beelzebub, on 13 March 2015 - 05:48 PM, said:

I am, by your naivety. The lowest playing budget last season in the championship was over six million and rotherham's will be higher than that, that's all their central funds and gate receipts and more spent. I'd be surprised if they don't lose £4m this season - and that's without paying a penny for their ground yet. Their major problem may be the disintegration of their local council to whom they owe £15m, the new commissioners placed in charge by the government will insist on full commercial interest rates and rapid repayment: it could well prove to be the iceberg to the miller's titanic. Good


No

Yeovil spent over £6 MILLION in wages???

Flippin ek

[Westbars Spireite]

Trigger (not the freak), on 13 March 2015 - 11:48 PM, said:

Yeovil spent over £6 MILLION in wages???

Flippin ek

Divide it by four and you'd be close.

[60s 70s Spireite]

Westbars Spireite, on 14 March 2015 - 07:19 AM, said:

Divide it by four and you'd be close.

Very much doubt it. They lost £454k in the year won promotion via the play offs. I know Beezlebub's reference above is correct for the 2012-13 season, which does put down a marker for 2013-14.

Not yet seen a report of the 2013-14 figures, but Yeovil have until the end of this month to file their accounts, so we will soon have a good indication of what they did spend.

This post has been edited by 60s 70s Spireite: 14 March 2015 - 08:08 AM