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Topics: 80Rochdale seeking investment too as they are on course to lose over £1million.
God knows what’s going to happen at Crawley, their owners appear to be complete looney tunes.
Really is a complete shambles on the lack of regulation; these are 100 year old institutions that are being left in the hands of narcissistic tyrants to do as they like with.
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Don’t worry about any other club other than SCUNTHORPE UNITED.
If they enter Administration extinction really is around the corner.
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Don’t worry about any other club other than SCUNTHORPE UNITED.
If they enter Administration extinction really is around the corner.
This is the problem. No one gives a shit until it happens to them.
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Topics: 80“As I said, one of the first things I wanted to do was to meet the fans. They are the ones who are most invested in their clubs and who go and support them day in, day out, whatever the results, the weather or their fortunes. Without them, football in this country would simply not be the fantastic game that it is.“
James Daly.Football Clubs in England: Financial Sustainability.
(It’s a long read).
An industry 134 years in existence with no regulator – unbelievable!
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Most Efl clubs in the same position I’m afraid, everything ok till the owner pulls the plug on investment, if you don’t want to lose money don’t invest in a football club quite simple really.
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Southend 2million shortfall expected this season, averaging 5700, backroom staff not been paid since October and then when they did Southend trust loaned them 40.000 pounds to do so, winding up petition by the HMRC on the 18th, from the sounds of it we’re not far behind them the only difference is their fans haven’t deserted them in numbers like ours actually, similar to most clubs most fans get behind their teams when the chips are down.
Hi as a Southend fan I thought I’d provide a bit of an update, our staff are being paid they are however being paid late which is obviously not right.
Quite simply our chairman has major cash flow problems which should change by the end of the season. Our new training pitches are complete and we are literally waiting for the grass to grow before we can use them.
This will mean building work on the new ground can begin which will allow more funding to be available, the properties to be built as part of the new stadium, around the new stadium and at roots hall will generate close to half a billion.
Realistically we fully expect our chairman to sell up once we are in the new stadium, there is so much I’ll feeling towards him now that he will never be accepted by the majority of the fan base.
I hope your takeover goes through and you have a bright future even if you have a hell of a battle to stay up this season
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‘their fans haven’t deserted them in numbers like ours actually, similar to most clubs most fans get behind their teams when the chips are down.’
So, like Swann, you’re blaming the fans. Nice.
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