£1m a month loss

[terry ball]

Spoke to a family friend today who has connections to flavio. Apparentley the club are losing around £1m a month. Surely this can't be true?

[Quaz]

seems alot.........wouldn't have thought it was that much....surely the men at the top would have bailed out by now losing that kind of money.

[Captain Clunge]

Cant be true. He's a successful businessman, dontchaknow

[ollyhoops]

Sounds toooooo much...

[W12_Ranger]

Sounds toooooo much...

Does it? I bet our wage bill is not far off a few of the smaller PL clubs, no TV Revenue, relatively low revenue from Sponsorship, failure to sell ST's and Executive Boxes.

Would you really be surprised if it was true!

[qpr]

Footballs a business and Flavio's a businessman and not stupid,

Doubt very much it is true, and hope as well !

[W12_Ranger]

Footballs a business and Flavio's a businessman and not stupid,

Doubt very much it is true, and hope as well !

Do you want to re-edit this?

[norfolk ranger]

if this is true,the board have only got themselves to blame for alienating the fans by charging extortinate prices for tickets & not investing properly in the playing side,if they had done so,who knows we could of been in the prem by now & they would then be quids in with all the revenue prem football brings.

[terry ball]

seems alot.........wouldn't have thought it was that much....surely the men at the top would have bailed out by now losing that kind of money.

That's what I tought. But, our monthly wage bill can't be far off that?

[Quaz]

That's what I tought. But, our monthly wage bill can't be far off that?

well if we are losing that then you can see why its all loans and not buys.

[superhoop67]

Do the sums , it wont be far short of that .
WAGES
COUNCIL TAX
POLICE
SERVICING LOAN
MONEY OWED ON TRANSFERS

[W12_Ranger]

Projected figure based on 15000 tickets sold to R's fans x 23 games

Approx 500k a month on wages

Servicing the loan ABC Loan

Empty Boxes, W12 Club & C Club

Compensation to Ex Managers

Agents Fees

[qpr]

Do you want to re-edit this?

:bad_smile:

[superhoop67]

Our debt is like a pack of cards . Shuffle them as much as you want , there will still be 52 in the pack

[eghamhoop]

wasnt sure at first but if you do so sums with all the players, staff, ground improvements ish, and the loans makes it all very possible imo