Up and Down the Pyramid
So County have remained in its League – well that’s some saving grace of stability. I am not one of those fans that claims always to be ‘in the know’ but after several years of loss making we are believed to be getting closer to that holy grail of ‘break even’. The stark reality now and witnessed by my Company for sometime is that the elusive ‘White Knight’ is a prerequisite to sustainability in lower league football with a few exceptions.
Alan Lord had moved upstairs to be DOF. The grapevine suggests interested incumbents might include those from TNS, Halifax and Bermuda (the latter of ‘Feed The Goat fame’. Of course, someone with a track record of promotion at least to Conference Premier would be best fit. Even with re-ignition of school-based and community initiatives, better football and bigger crowds are a necessity. I fear for the long term patience of the phenomenally loyal Stockport County fan-base if improvements and guarantees aren’t forthcoming.
David Thomas, from Western Morning News has reported on the difficulties that Torquay United face as a result of losing league status. Tranmere Rovers will face some home truths now after a similar fate. Hyde United will move to supporter-owned. Just me picking a few examples, there are many more with uncertain futures.
Torquay United lost more than £500,000 after dropping out of the Football League in 2013-2014. The ‘Gulls’ latest balance sheet, shows that the Gulls had a deficit of £542,724 for the year ended June 30th 2014. That‘s double the previous year’s offset by an injection of £570,000 from transfer sales.
At the other end of the pyramid, promotion to the EPL will be worth £120M to both Watford and Bournemouth, according to leading football finance experts.
The novel penned by Author, Charles Dickens, for my interested level of football, as a fan, comes to mind “BLEAK HOUSE”.