https://www.skysports.com/football/news/11760/12186701/lincoln-lost-almost-1m-during-the-first-four-months-of-the-covid-19-pandemicI found this article interesting.....and have always found Lincoln an interesting case study for what they have managed to achieve over the past few years in bouncing back from non-league, boosting gates from c2000 to close on 10000 and the like.
Highlights of the article are that they lost £900k in the last 14 weeks of LAST year, but recovered £400k of that by working with fans, sponsors, investors and shareholders..... net loss for 14 weeks was around £500k
Also goes on to thank season ticket holders for their loyalty, which they have rewarded (80% of them at least) by forgoing their refunds and giving them shares in the club in return.
They have a regular turnover of around £5.5m so are similar in size to us (our turnover is c£4-5m if I remember correctly) and they cut their pro budget by 40%....yet they still sit top of the table.
They are also questioning the very survival of the club should they not get fans back in late on this season or certainly by the start of next season.
We (as a club) should take note of some of their comments, certainly the fans reward one! We as fans though should also take note that if their Chief Exec is saying what he's saying then the future for many a lower league club is decidedly dodgy.