26-03-2024, 10:44
Food for thought -The club continues to lose £500k a week although the current player wage bill is £25m (down from £30m )
The thoughts of getting rid of high earners is not going to solve our losses issue. HP signings and not selling players has to be sorted if we are to get our losses down. Admittedly Reach, Dike, Kelly, Phillips, Grant, Kipre, Challaboa, Bartley, if they all left would save us £150k (approx) a week after we got new players in our savings would be £100k a week that still leaves a £400k a week loss. I'm afraid deep cuts across the whole club would be needed to reach a sustainable financial position. It's either sell players or hope our new owner has deep pockets. Of course promotion would solve all these problems.
The idea that getting rid of high earners is an answer to our money woes, while it helps it barely scratches the surface.
The thoughts of getting rid of high earners is not going to solve our losses issue. HP signings and not selling players has to be sorted if we are to get our losses down. Admittedly Reach, Dike, Kelly, Phillips, Grant, Kipre, Challaboa, Bartley, if they all left would save us £150k (approx) a week after we got new players in our savings would be £100k a week that still leaves a £400k a week loss. I'm afraid deep cuts across the whole club would be needed to reach a sustainable financial position. It's either sell players or hope our new owner has deep pockets. Of course promotion would solve all these problems.
The idea that getting rid of high earners is an answer to our money woes, while it helps it barely scratches the surface.
2020 the year the bubble burst 