Rumours of financial problems surfacing at the club again have not been helped by the news that they are already more than two weeks late in filing their annual accounts to Companies House, and a break-even attendance figure of 22,000 does not inspire confidence when the club has never averaged more than 20,000 since they moved to the Ricoh Arena. A complex stadium ownership structure means that the cost of running the stadium currently far outweighs the revenue it generates. Many fans bemoan the club’s uprooting from the homely (and perfectly adequate capacity-wise) Highfield Road, and not just for nostalgic reasons. With the obvious financial pitfalls, it’s hard to disagree with them.
You see, I think they are actually making a profit now.
Sponsorship income up.
Wage bill down by loads.
Plus the Prozone income.
match day income is and has always been pretty low.
10,000 season tickets at 300 quid covers 3mill pounds worth of wage bill.
Thats 3 players earning 10k a week. Over the past few years we have seen the wage bill as a whole reduce by well over this value.
Look, I am not making that number up. We really could and should be in the plus.
So how come were the only team in this league without any loan players?
I'm not saying you're making anything up, but events over this season suggest a very different financial picture at CCFC.
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