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Break Even???
Posted: Thu Mar 25, 2010 11:22 pm
by Rushdenjim
Didnt Keith say at the last FF that the break even figure for games was 1500? Well after last night, this seasons average as passed that figure (just) and also overtaken K*ttering, not that i see them getting more then there average again this season
http://stats.confguide.com/dom/ENG/FC/attend.html
Re: Break Even???
Posted: Thu Mar 25, 2010 11:30 pm
by davealbon
I think a 1500 average attendance was the figure budgeted for, rather than a break even figure. Last season Cousins was funding the club to the tune of £50-60k per month, and although that figure should be significantly reduced this season, I'm sure that we are not yet in a position to break even without continued financial input from KC.
Re: Break Even???
Posted: Fri Mar 26, 2010 8:59 am
by Three of Diamonds
davealbon wrote:I think a 1500 average attendance was the figure budgeted for, rather than a break even figure. Last season Cousins was funding the club to the tune of £50-60k per month, and although that figure should be significantly reduced this season, I'm sure that we are not yet in a position to break even without continued financial input from KC.
I don't think that was entirely KC's funding from his own pocket Dave (looking at the accounts). Based upon what he put in during the tax year ending May 31st 2008, I should imagine he's put in less in by the end of tax year 2009 and even less for the current tax year (considering last season's cuts around December). The club still has large debts overall, but KC's doing a superb job in reducing year on year debts and still giving us a team to be proud of. We still need more income and with a new NHS outpatients department being built right next door, and potetially 50,000 people using it in a year, I'd rather see food outlets than a hotel to be honest (people will always need feeding).
Re: Break Even???
Posted: Fri Mar 26, 2010 9:23 am
by davealbon
Two of Diamonds wrote:I don't think that was entirely KC's funding from his own pocket Dave (looking at the accounts).
Fair enough, I thought that was what he said at one of the fans' fora, but perhaps I misunderstood. Where did you get to see the accounts?
Re: Break Even???
Posted: Fri Mar 26, 2010 9:25 am
by Three of Diamonds
Re: Break Even???
Posted: Fri Mar 26, 2010 9:27 am
by JamesRDFC
davealbon wrote:Two of Diamonds wrote:I don't think that was entirely KC's funding from his own pocket Dave (looking at the accounts).
Fair enough, I thought that was what he said at one of the fans' fora, but perhaps I misunderstood. Where did you get to see the accounts?
You can get any company's accounts from Companies House for £1. The latest ones for the club are to 31/5/08.
http://wck2.companieshouse.gov.uk/77303 ... ompdetails
Re: Break Even???
Posted: Fri Mar 26, 2010 9:49 am
by Trek
JamesRDFC wrote: The latest ones for the club are to 31/5/08.
Two year old accounts won't tell you much about the current finanacial situation.
Fans forum anyone? ;)