You’d have to be insane to throw money at that equation!
Yet, the four directors are reported to be throwing £65,000 a month in each and every month. That’s a tad over £16k a month each if they are divvying it up equally.
Over a year, that’s a smidgin short of £200k !
How long can the present incumbents subsidise / loan that sort of money?
We’ve seen through the Swann & Hilton eras that the club is ‘worthless’ and that there is no interest in buying a small unattractive club in a town of low populace / catchment.
So, where do we go from here?
Personally, I think there’s even scope for a properly planned and run membership scheme. I don’t know what form it would take or how it would play out, but in addition to all the other contributions I regularly make (tickets, merchandise, lottery etc), I wouldn’t object to paying an ongoing monthly subscription to a membership scheme of some kind. Let’s say £10 a month. Multiply that up and there’s potentially a substantial amount to go into the pot. As I said, I don’t know how a scheme of this kind would look, but there would obviously have to be some form of benefit to the subscribers.
