League 2 finances
Posted: Sat Dec 17, 2016 8:55 pm
Just checked credit ratings of League 2 clubs and there a lot in an awful mess besides us. Many are just crawling from one month to the next.
Anything over 50 is decent. 30-50 isn't great. Under 30 is worrying. Less than 20 and the recommendation is do 'cash transactions only' and is close to going under. Obviously the credit agencies only look at the fundamentals. So Accy's rating is based on past performance and last accounts.
Notts County 0 - winding up order
Crawley Town 0 - winding up order
Mansfield Town 3
Accrington Stanley 5
Newport County 10
Hartlepool 10
Grimsby Town 13
Stevenage 13
Plymouth Argyle 14
Morecambe 19
Leyton Orient 22
Luton Town 24
Carlisle United 42
Cheltenham 43
Wycombe Wanderers 44
Doncaster Rovers 50
Yeovil 59
Crewe Alexandra 60
Cambridge United 64
Exeter City 66
Barnet 69
Portsmouth 75
Blackpool 91
Anything over 50 is decent. 30-50 isn't great. Under 30 is worrying. Less than 20 and the recommendation is do 'cash transactions only' and is close to going under. Obviously the credit agencies only look at the fundamentals. So Accy's rating is based on past performance and last accounts.
Notts County 0 - winding up order
Crawley Town 0 - winding up order
Mansfield Town 3
Accrington Stanley 5
Newport County 10
Hartlepool 10
Grimsby Town 13
Stevenage 13
Plymouth Argyle 14
Morecambe 19
Leyton Orient 22
Luton Town 24
Carlisle United 42
Cheltenham 43
Wycombe Wanderers 44
Doncaster Rovers 50
Yeovil 59
Crewe Alexandra 60
Cambridge United 64
Exeter City 66
Barnet 69
Portsmouth 75
Blackpool 91