Quote:
Originally Posted by Rob
For context this was bubbling away months ago so is nothing new - this from Jan https://www.wycombewanderers.co.uk/n...trevor-stroud/
Interesting to note things sounded rough off the pitch: "Faced with a concerning cashflow situation for the club over the winter months, and while negotiations have been continuing on the investment deal".
and "We are making sizeable losses each year in our current setup, and it is not either fair or viable to rely on ‘football fortune’ (cup runs and player sales) as a breakeven model each year."
"To be sustainable under Trust ownership would mean descaling the size of the on-field and off-field operations, and it will take the most optimistic of supporters to believe that that situation would not lead to a decline from our current league standing."
It is interesting to see the club appears to be sold but ground retained by the Trust, trust directors on board etc http://wycombewandererstrust.com/wp-...ING-110719.pdf assuming those slides are matched in reality. |
Judging by this link they must be desperate with a mixture of debt and unsustainable spending.
https://www.somersetlive.co.uk/sport...l-town-2564079
Would you want Rob Couhig to buy Wrexham ?