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Redevelopment Closer Than Ever?

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Peter Frost
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« Reply #34360 on: June 24, 2022, 10:34:59 am »

With all due respect Peter, the £250,000 per year is from the ACV land NOT the whole of the football club. You say that most clubs lose between £1M & £2M per year, if I was running the club I would be asking myself how do Newport County, with a fan base half our size, constantly make a profit and have a look at the way they operate.

Carlton, DP - thanks for the comments & alway good to have discussions with posters that can have balanced views

Firstly I appreciate the £250k proposed by the trust is for infrastructure support and not to run the club but it was just to illustrate a lot of work and controversy to raise even that amount is not enough to run a typical L1/2 club.

I'm also not defending the crazy economics of football but the reality is at all levels we want better players and those players and their agents are squeezing clubs to the maximum in their pursuit of success.

No doubt a L2 club could be run at a break even level but it is very likely that's where they would stay or worse.

Interesting looking at the published accounts of NTFC in that we do seem to employ quite a lot of people for the size of the business  - possibly we could cut our overheads on the wage bill and not effect the playing side but I suspect other commercial activity and the community work would suffer as a consequence so it might be false economy in both financial terms and the club's standing in the community

I certainly don't have the answers but I do think simply calling for the current owner's heads and if they go  everything will be wonderful is simply not realistic - remember when the club was run by local businessmen we arguably had less success than we have enjoyed in the last few years and they eventually left stating they simply didn't have the means to continue to support a football league club

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