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Post by borobob on Dec 18, 2023 18:12:31 GMT
Just read an interesting article from the Chairman of Kings Lynn claiming that they need £300,000 to confirm that they can finish the season in National North, claiming that he has to pay £1,000,000 per year on wages alone!!!
This is from their forum:
To be fair; is £1m on wages "outrageous" ? A Squad of just 25 players would give an average of £40k for the season which I suspect more than a few players at this level would sneer at; you'd need part timers/youth in the mix to make that £1m go anywhere , and then there is the manager/coaching staff/youth sides to pay for....sponsorship helps out a certain amount , and-as we've learned this season-cup runs are vital income sources. But ultimately leagues such as ours guarantees only two successful sides and four failures a season (Promotion and demotion in case you're wondering!!). Do you just give up and make stopping in the league your ambition or try and give a competitive budget to be one of the lucky two? Be interesting to have a serious book/TV doc explaining the finances at this level -a total (REAL) World away from the PL.
Food for thought?
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Post by Tom Bowen on Dec 18, 2023 19:23:15 GMT
I think the fact that £6.7bn TV revenue is spread between the 20 teams in the Premier League tells it all.
That's £335,000,000 between 20 teams just for one season.
From the Championship to Step 7 of non-league (11th tier), there 1,836 teams.
If this was distributed equally for the teams that REALLY need the money, then each team the top of the Championship to the bottom of the 11th tier would get £182,461 in one season.
To use our example, we had almost £50K in prize money from the cup run last season, plus the split gates. To roughly triple that would help us out more than the Prawn Sandwich Brigades at the Big Six clubs would believe.
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Admin
Administrator
Posts: 911
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Post by Admin on Dec 19, 2023 0:29:49 GMT
What tells it all, looking at it from the perspective of someone who watched Lynn at The Walks most home games for years in the 70s is, yet again, the money is no longer forthcoming.
I have my views on the current owner, Stephen Cleeve, who is a full-on UKIPper with extremely strident views and, at least to me, no discernable means of supporting what he's been doing (his explanation about a profitable leisure resort in North Norfolk turned out to be complete tosh, so the source of his cash is what, exactly?).
However, there were enough readies available to take Lynn to Conference National, just as COVID forced teams to play behind closed doors (albeit supported by taxpayers' cash). And he's struggled ever since, being a strictly "one-man band" type a.k.a. "my way or the highway".
The facts are these ....
- King's Lynn is isolated: 40 miles from Norwich and Cambridge and over 30 miles from Peterborough, with plenty of empty fields in-between. - But, the town's population is 50,000+ and it's the major commercial centre for near 250,000, which is the opportunity. - They play in a public park where there is no opportunity whatsover for engineering a property deal to make the sums add-up. - Also, the local council charges a peppercorn rent for use of The Walks (a fine old-fashioned non-League stadium - if you've not been there then add it to your bucket list, it's a 10 minute stroll from the railway station through a very pleasant park).
So, a mixture of good and not so good.
But, in football terms, King's Lynn is a marginal club and, when at what is now Step 3, the FA gods have placed them in the Northern Premier, Isthmian Premier and Southern Premier at various times (mainly the latter until the noughties). Which means Lynn face very expensive choices each time they're switched, as there aren't nearly enough local players of the required quality. Get put in the Isthmian? Recruit from North London and Essex. In the Southern? Likewise, but ditch Essex and look further west. In the Northern? Recruit in the East Midlands.
Whichever way, it's always been very expensive to assemble a squad capable of success, with no guarantee of any continuity.
Various people have tried to make it work, but I get it why they haven't succeeded - the limit of what they could afford invariably has not been enough to establish and cement the Club at higher levels. And so that's where Lynn are - extremely expensive to run. I'd imagine Cleeve's claim about a £1M wage bill, if true, includes a heck of a lot of expenses to get to training etc.
Last time I heard, the Lynn squad was training near Peterborough. So, just like Dover training on the London/Kent border or, more famously, a very successful Yeovil side training in Middlesex!
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shaun
1st team regular
Posts: 61
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Post by shaun on Dec 20, 2023 22:59:53 GMT
I think the fact that £6.7bn TV revenue is spread between the 20 teams in the Premier League tells it all. That's £335,000,000 between 20 teams just for one season. From the Championship to Step 7 of non-league (11th tier), there 1,836 teams. If this was distributed equally for the teams that REALLY need the money, then each team the top of the Championship to the bottom of the 11th tier would get £182,461 in one season. To use our example, we had almost £50K in prize money from the cup run last season, plus the split gates. To roughly triple that would help us out more than the Prawn Sandwich Brigades at the Big Six clubs would believe.
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shaun
1st team regular
Posts: 61
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Post by shaun on Dec 20, 2023 23:33:04 GMT
335 million is over 4 seasons I believe. Even if it was over one season they would be even more profligate.
Example..
Forest sack Steve Cooper and pay him 2 million in compensation and appoint Nuno on a 2.5 year contract.Nuno praises Cooper for the job he did at Forest.Nuno (who was sacked at Spurs mid contract) will likely get the bullet in 6 to 12 months with a another big pay off and Forest will re appoint fans favourite Cooper on a new multi million pound contract.
Meanwhile clubs like Boro will get the beer money slops of 1300 a month and be grateful for it.
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