wanderlust wrote:yes we're skint which is why we're recruiting non-league players that KH hopes can hack it in L2.
We aren't skint - it is worse than that, we are trading at a loss as Ten Bob points out.
The funding taken out to repay the money loaned to purchase the club is to be paid back in three years - this season is the first year and if we are relegated next season will be the second year. So even if we bounced back at the first attempt the third season would see us in the third tier as we are now.
We simply aren't going to be making anything like the profits in those three years to cover our running costs in that time let alone pay back the millions spent on the purchase of the club.
IF FV have thrown the towel in for this season and not looking to strengthen the side for the remainder of the season, then expect many more losses/hammerings and fewer people paying to watch them - hence making even more of a trading loss this season.
If FV haven't thrown in the towel then Sharon must be tearing her hair out that Hill's allowed defensive players to leave without getting adequate replacements for them which has cost us potentially six precious points and probably put the final nail in the coffin on our hopes of staying up.
Unless Sharon is prepared to do an Eddie Davies and fund the club from her own personal wealth, then I can't see how the football club side alone can be solvent in its trading if we are relegated - so there must be a large part of their business plan to cover the losses from the sale/development of the land/stadium.
Betting the house on turning academy players and/or signings from non league into multi-million pound transfer sales inside three years whilst playing at the third/fourth tier level is not the answer and not even rational.
In fact it is utter madness.
(I may have mention exactly this before on another forum several months ago, for those paying attention!).