Quote:
Originally Posted by NedStarksGhost
Well currently we aren't in danger of going bust which is a big positive financially. I'm not one to shout all is fine because we still have a club, but it's good to know that we aren't going to do a Bury any time soon.
Dwindling crowds and reduced income isn't handling the finances. That is down to the team's performance. Which, I agree, we need a change.
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To me it is as they go hand in hand, that's why Bolton in particular almost went bust, why Oyston left Blackpool and a lesser extent why Bury went under, fans stayed away in protest there too.
We've players on 2 year contracts, if crowds drop off will we afford them and crucially will players want to be moved on? The whole Bobby Grant scenario with his contract sounds a right mess, he shouldn't decide if he stays or goes.
How long can we sustain losses, more with people cancelling memberships, lapsed ones not being chased up.
It's going to be a spectacular collapse, you only have to look at what happened at Telford under fan ownership