Hi Melly, Just had a look and it's a mine field. Some clubs don't issue P&L's, most don't list fixed assets in the millions, like we do. Some have had cup runs or players sales to turn losses to profits etc
Accounts only show a small piece of the picture, it is there if you look hard enough but you also need to look at the business itself, what the trend is, what's coming up around the corner etc.
Generally we all know that most football clubs are badly run and are either:
1. the plaything of their owners, who eventually write off their losses and sail off into the sunset. - usually for PR purposes, to raise their or their company profile
2. there as they love the club / community,
3. because they want to control the assets within the football club (usually land), and the higher you go up the leagues the more money you lose. (perhaps why we are in L2
)
The worse one for me is the 3. They are there just for their own benefit. With all honesty, which one are our owners?
Supporters of 1 & 2 can and will go through periods of success and heartache but at least something is happening
The issue for me has always been the potential of NTFC, big catchment area, the history, lack of big, big clubs nearby, central location within the country, 25 acres of land, - all more than enough to support a modest Championship club. At least with 1 & 2 there is a chance this might happen.
It’s a fair point. For me it’s a bit chicken and egg though mate. Do you develop the ground to entice more support and progress, or do it to accommodate the extra demand and a a result of progress. IMO that’s subjective and is probably one of the main reasons that everyone on here spends so much time arguing.