Morecambe FC Finances

[BerlinWaller]

Well worth a read and a follow


https://twitter.com/KieranMaguire/statu ... 61441?s=19

[marky No.1]

At least we seem to have cut the losses down to just £1000 a day

[Popcorn]

Companies House annual statement

https://beta.companieshouse.gov.uk/comp ... download=0

[KenH]

Worrying fall in hospitality income down from £700k to £539k and "other income" down from £77k to £44k. But good to see football income increase up from £1.75m to £2m and a decent increase in shop sales. Need to work on the non-football side of things!

[marky No.1]

At least we seem to have cut the losses down to just £1000 a day

Hmm, that was 2017, 2018 went up to £1200 a day. Yes, Ken, the hospitality was down in the light of the special offers that were around the year before not being continued and it was quite clear that there were less bottoms on seats.
Thanks to Local Choice, it was pretty full on Saturday, just a shame those that watched the activity on the pitch didn't get a footballing masterclass.

The playing and management staff are up by 50% , from 22 to 33 , although we have saved £30K on Directors fees

What do you make of section 21 regarding the guarantees currently being under review?

[BerlinWaller]

Chesterfield losing 20k a week and owe 10million to Directors.

[redrobo]

Chesterfield losing 20k a week and owe 10million to Directors.

.....and we think we've got it bad...

[HALMA 1983]

Chesterfield losing 20k a week and owe 10million to Directors.

.....and we think we've got it bad...

Least they've brought in the right man to sort out their on field issues, safe to say they'll be staying up.

[BerlinWaller]

Southend United announce losses of £2,000,000 for last year

[Keith]

Least they've brought in the right man to sort out their on field issues, safe to say they'll be staying up.

Unless they go in to administration?