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PriceOfFootball @KieranMaguire
, 9 tweets, 6 min read Read on Twitter
Promotion on almost the lowest budget in League Two & thriving in League One on definitely the lowest budget, a look at #ASFC finances after the club gave us open access to it's finances. Club has matchday income of less than £2m a year which works out at less than £300 per fan.
League 2 clubs are given relative crumbs in terms of broadcasting money, & thanks to the way the 'Big Six' of MUFC MCFC Arsenal LFC CFC & THFC have sneaked through changes to the distribution method, will earn less from 2019
#ASFC earned just over £1/2m from commercial & other income in 2017/18, mainly from sponsorship via owner @AndyhHolt's WhatMore group. This is a way of owner supporting club without pumping it full of debt.
Total income of #ASFC for 2017/17 was £2.6 million, which is less than the avearge cost of employing a single Premier League footballer.
Total wage bill for all 84 employees of ASFC was £2.1 million. Club dependent on owner support, sale of players and an occasional good cup draw to be able to pay the bills. Wages worked out as £83 for every £100 of income last season due to so many win bonuses
Sale of players such as Matty Pearson & Kayden Jackson essential to help a small club such as ASFC turn losses into breaking even. Most clubs in League 2 who don't manage a player sale will end up with a loss.
After the open access we were given and the Twitter spat between @AndyhHolt & '@GNev2 this summer over the sums being paid by Salford City in wages, we are hoping that Gary will give us access to Salford's finances as a sign of open governance & transparency.
If you want to read the full story of the finances, check out the blog report here priceoffootball.com/accrington-sta…
We were give unparalleled access to the figures even as far down to how much it costs to hire the portable toilets as well as budget for next season & all questions were answered. If all clubs took a no secrets approach such as ASFC there would be fewer dud owners.
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