argh
ok, i'm getting really sick of this. I stated earlier that the club was finally making a small profit. I lied. Well, I was mistaken...
So this is the status, money wise...
Its early September, and we've already got higher gate reciepts than all of last season. Season ticket sales totalled 5 times as much cash. We're making TV revenue and We've already doubled last seasons merchandising total. Sponsorship is the same[crap] and we've already reached as much matchday income as we did in the whole of last season. Sounds good? No, and here's why...
wages - from £30-40k per month to £60k
tax - from around £1k per month to £6k
match day expenses - from £2-4k per month to £14k!!
the bottom line is were losing money slower, but were still losing money. I dont want this to end just because this club has a cash flow issue..