Is the Covid thing not being overplayed. Surely only matchday income is affected. Revenue last season was £95m for the full season. 4 games out of 19 had no spectators so that is a loss of approx £20m.
It’s not so much the season that’s just finished that is the issue. You’re right when you say about it only being 4 games out of 19 with no fans in the stadium and I think I read that it was a loss of between 12-20mill. However, it’s not just the home games, there is the away ticket allocation that has been lost so that 8 or so games we’ve now taken a hit on in that regard. In the grand scheme of things, it’s not a massive loss so far for a club of our size, however, there is no sign of stadiums being full again for a while yet, for all we know it could be an entire season of behind closed doors, and that’s when it is a massive loss.
I think prize money has also been reduced this season and some of the broadcasting payments too.
If clubs want to pump a load of money in for transfers then fair play, crack on and take the risk, but I can completely understand why we aren’t taking the risk because I have no doubts at all that there will be some clubs who end up in big trouble financially because they’ve overspent this summer.
We are in the lucky position that our squad just needs fine tuning in a few areas, we don’t need a massive overhaul of players or drastic decisions made to try and play catch up.
You can’t please everyone, some people will moan about a lack of investment this summer but you can guarantee that those people will also happily slate the owners for overspending and putting us at risk if revenue doesn’t return for a while.
We have enough players we need to sell that should generate what we need this summer and at the same time, I’d like to think that the owners will put a bit of money forward too but if they don’t then they don’t, they have never really done so before so why should now be any different.
« Last Edit: Aug 10, 2020 06:54:23 pm by 7-King Kenny-7 »