Another report looking at finances pre Covid and quite a straightforward approach to the position. Deloitte are also this week reporting a 25% reduction in revenue for this season for Europe’s top clubs and this transposes to an estimate 50% to the average lower league club. That should be a consideration when viewing the figures. I know this may be irritating and I often come across as the harbinger of doom, but I read all this impartial evaluation of the current financial position of football and I find it truly horrifying. The amount of talk on here, on the IACTM pod and everywhere else about investing in the team, finishing the stand, getting a new management team in, what we should have done pre-season, really?
https://foreignpolicy.com/2021/04/02/english-soccer-football-financial-crisis-leagues-project-big-picture/The thing that I take from this more than anything is the confirmation of the huge gap between what's needed to sustain a club that moves up a league, especially when approaching the top two divisions.