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Fan Ownership

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Author Topic: Fan Ownership  (Read 17080 times)
Peles Big Toe
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« Reply #440 on: March 13, 2019, 20:15:21 pm »

We have lost over 1m in revenues this season by getting relegated to L2.
Sixfields in its present guise can not sustain L1 football and needs redevelopment.
We can keep going around in circles but that is a many time proven fact.
Also there's no such thing as 'just' 100,000 a year, that will pay for or the wage of a very decent striker, these boxes will  house those who are in more of a position to financially help our club etc.

No, that 100k would stem the tide of the operating loss we already make. It would partially subsidise the amount a private owner already invests to keep the club above water. It doesn't automatically add an additional striker to the current playing budget.

If you want to high flying League One football, we'd need to increase the current revenue by a couple million minimum. Corporate boxes and a few thousand on the gates against big opposition doesn't get anywhere close to that. The numbers don't stack up for this supposed untapped potential that others are blind to take advantage of.

I like the idea of fan ownership in the sense it protects the clubs interest and gives some level of transparency. But it shouldn't be presented as an avenue to progress the club further. Realistically without external investment, there would be a lot less money available for the playing squad, and that's the price you pay. It's one or other, can't be both unless another 10k supporters suddenly materialise every match day.
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