Firstly: Tickets and Add-on Sales:
I'd look at the average home gate and give away any surplus to schoolkids +1. Then I'd sack off the caterers and bring it in-house with a goodly proportion geared to younger fans and have American-style vendors in the stands flogging pop, sweets, crisps etc. as well as installing vending machines everywhere. I'd also have club memorabilia, shirts, flags etc on sale in the stands and corridors.
That way:
1) Guaranteed full house every home game
2) Develop the next generation of Wanderers fans
3) Maximise the unit on site sales
Secondly: Youth policy
I'd try to match the "big clubs" in broadening the net and offering full board and education so that we could have a much more competitive youth set up. The offer should be geared to parents with a focus on child welfare and development etc. If we were to take say 50 kids p.a. on 2 yr contracts with first option and the average apprentice cost £30 grand a year to house, feed and train (economies of scale) our costs would be £300k p.a. plus contribution to fixed cost repayments say a total of £500k to £700k p.a. plus staff salaries of say £0.5 million (house matrons, welfare, trainers). Then we do a Ferguson. Pick the best 10 every year and extend until they're say 17 when we farm them out to other clubs to pay their wages. If they're any good we either bring them home or sell them to the club they've been on loan at. The rest we dump or flog. Bit of a lottery but should at least pay for itself and gives us a bigger shout at uncovering a few gems.
Finally: Scouting
Needs to be looked at. When you see competent players like Vorn turning up in the Dutch second division or Haangeland who we should have had for £3million it makes me wonder how they were missed. If we can find enough competent players at bargain prices to build the core of a larger squad it should liberate enough dosh to buy the occasional superstar striker or whatever is needed at the time. A little more investment in this department only needs to generate a few wins to more than pay for itself and move us forward.