Originally Posted by
Since62
These figures were for season 2016/17 .I think an interesting comparison for us is with Burnley (their year end 30 June 2017 and CCFC`s 31 May 2017.
Burnley had total income of £121m - £105m from t.v , £8m from matchday income and £8m from commercial income.
CCFC had total income of £28.8m - £20.6m from t.v , £3.5m from matchday and £4.7m from commercial.
In the Premier League , I would expect our total income levels across all categories to rise to and get to at least their £121m overall total. The t.v money is virtually guaranteed to get to £100m , and we will have bigger matchday attendances than them (but we have to give a slice of catering income to Compass still) , and we will be commercially more attractive (they have loads of local competition at the top level).
Burnley`s wage bill for 2016/17 was £61m (joint lowest in the Premier with Hull but shows that , with careful buying of the right player , you can still avoid relegation with a lowish wage bill).
CCFC`s wage bill was £29m.
Burnley made a net profit of £27m that season. CCFC made a net loss of £21.1m.
Summary - Burnley income £121m , wage costs £61m , other costs £33m , net profit £27m
CCFC income £29m , wage costs £29m , other costs £21m , net loss £21m.
If we can limit our increase in wage costs to about double current levels (actually 2016/17 ones - I suspect our 2017/18 ones were lower than that), then there is no reason why we can`t make a profit like Burnley did and achieve survival without breaking the bank. In a worst case scenario if we were to fail on the field, then at least we would be on a sounder financial footing back in the Championship.