Leekbrookgull
Well-known member
Maybe they should simply have stayed at Upton Park ? https://www.bbc.co.uk/sport/football/53215371
Blimey - wages to turnover at 71% ! - how can any business survive that sort of level?
I know many other clubs are close to or around that level but in any other business you'd go to the wall. The general healthy figure of most businesses is 15 to 30%.
Football is lterally eating iself (if it hasn't done so already).
In most professional services partnerships (e.g. almost every large law and accountancy firm), the aim is to have employee salaries + partner profits (i.e. "salaries" for the bosses) at about 65%+ of turnover. Viewed in this way, there is no overall profit or loss for the business (as the profit is distributed to members).
so how would the other 35% be accounted for?
General operating costs - office rents, stationery, travel, insurances, IT equipment and licences, etc.
Would rather think that the owner of this ground is having a chuckle ? View attachment 125592
Blimey - wages to turnover at 71% ! - how can any business survive that sort of level?
I know many other clubs are close to or around that level but in any other business you'd go to the wall. The general healthy figure of most businesses is 15 to 30%.
Football is lterally eating iself (if it hasn't done so already).
One of my favourite day outs even when we were sh**
One of my favourite day outs even when we were sh**
The only time we've been sh*t there was when big Sam hit Poyet for six
I'd change favourite for survival
Opening game of the season 'we can see you sneaking out'
Great old ground mind