The frightening increase in losses in lower league football continues

Success don't come cheap. Unless you have a system like Peterborough that relies on turning over saleable assets then the cost of that success has to be borne by the clubs owner and to some extent by the fans in raised ticket prices.

 

I believe Bolton are quite heavily involved in community initiatives, local schools etc so will be the 'employer' but then receive grants etc towards the funding.

 

And yet in their last financials they have totalled accrued losses of over £18.5M

 

Bolton could have a massive backlash from their fans if the dont get promotion this season, looking at their fixtures I'm not sure they will.

 

Looking at the teams likely to be in involved in the play offs should we make it there will be less pressure than most as nobody expected us to be there

 

The only pressure will come from our own fanbase .........you know what they can turn into ..........its a huge free hit if we get there

 

Wait and see the numbers next season ! Now you know why DMac wants to sell. The US or Canadian ownership/ new ground investment was a smoke and mirrors scheme reliant on taxpayers funding it . That’s why they ended up in court . He would sell shifting sand to the Arabs !

 

“ The sale of a subsidiary “ Mmmmmmmmm, wasn’t that a scheme to fiddle the numbers. They sold what they owned to themselves under a different name ?. ( Something daft ? )

 

I didn't say it was a foolproof plan. If those sales dry up and you aren't bringing the talent through then you will make losses like everyone else does.

 

I hate them with a passion. I see that Everton and Forest, who had points deducted for financial irregularities are threatening a legal challenge to why Chelski got off with a suspended sentence for much worse irregularities under Abramovitch. I’d love to see them get the book thrown at them.

 

Was talking about football club ownership with my lad and he used the analogy owning a football club was like owing a high depreciating car like a lambo or a Ferrari, it's pretty much a vanity project. There is no money to be made from it unless you are using the club as a way to promote something else. I'm not sure there is a sport in the world that runs sustainable at a decent level, I know most rugby league clubs rely on wealthy benefactors as I expect is the case in others arenas.
Take us for instance it took us a loss in the millions to become successful again, the somewhat fortunate sale of McBurnie via Sheffield Utd before that covering the losses of Rahic. From a rational point of view I have no idea why anyone invests their millions in football clubs, but then I'm a poor Northerner what do I know

 

Wife was at an NFL game in New Orleans two years ago and she said similar, the while day was about trying to sell you something, whether thay be insurance, food and drink the list was endless. I understand it, America is built on this spend spend spend society and our sports will become no different. All about rinsing the cash cow that is the sports fan, whether that be at the game via merchandise and refreshments, or the armchair viewer via advertisements and the rapidly rising in cost TV packages.

 

Now where have we seen that happen before......