Originally Posted by
dml1954
We lost £9.5m in 15/16 but made a profit of £3.8m the previous year (14/15). The cumulative three year period from 2014 therefore shows a loss of £27.2m, well within FFP regulations. This also allows us to make a loss of around £7m for 17/18 without breaching the rules. All indications are that the club is being run prudently now and the board apparently held meetings with NW before Christmas to look at the current years figures to date and agree a budget for the January window. They would therefore have been fully aware of what was possible. I see no reason why we should be unduly concerned at this stage and await other more detailed observations with interest. Also, season ticket sales and average gates are up this season, so I think that your use of the word 'dreadful' to describe our attendances is rather harsh to say the least.
Posting Permissions
Reply With Quote