Running Costs (1 Viewer)

[Bennets Afro]

Losing 80k a week 320k a month and 4 million a year when they took over

Now its 125k a week, 500k, 6million a year

How is this possible with all the cutback and high earners leaving the club?

 

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[coundonskyblue]

Chris and Aidy's pay off's?

 

[stupot07]

dwindling crowds? i think we averaged around 21k in 05-06 and this year it's just under 16k

 

[coundonskyblue]

Also why if its 6 mil did we need 8 mil to stay afloat this week, with a further 5 mil before the end of the season?

 

[ccfcadz]

LOL I was thinking exactly the same about the figures, what the said at the PC yesterday all contradicted itself:jerkit:

 

[rob9872]

Presumably because we have arrears and people were threatening us with further action. We also need more income at this time of the year in preparation for the off season when commitments still have to be met but there are vastly reduced income streams.

 

[hackneyfox]

It cost 4m to get rid of ranson

 

[Nick]

It cost 4m to get rid of ranson

Really?

Think of the players that could have got us.

Scott Sinclair x 4...

 

[hackneyfox]

Certainly seems to be the train of thought on GMK.
He wouldn't have handed over his shares for nothing, and why else would you need to borrow 8m with another 5m being needed before the end of the season, allegedly.

 

[rob9872]

It would have cost nothing unless they 'bought' his shares. His salary was £235k p/a but he had either a 20% stake in the club.

 

[CovLis86]

Again, its just a case of changing story constantly. They cant even decide what the story is between them. Investors arent lining up / we are in very far discussions with several investors. It cant be both.

 

[We'll_live_and_die]

It would have cost nothing unless they 'bought' his shares. His salary was £235k p/a but he had either a 20% stake in the club.

How do you know this?

 

[ashbyjan]

I guess the running costs have gone up cos we are having to fly our band of incompetents from all corners of the globe so they can attend the odd match (wouldn't want them to show any commitment to the club) and the additional cost of electricity to run those tanning beds currently being installed in Rays old office

 

[DazzleTommyDazzle]

How do you know this?

I imagine they came from the accounts and the annual return - each available from Companies House at the very reasonable cost of £1.