| For those who think Sport Republic want a Championship club 08:39 - Jan 3 with 907 views | PatfromPoole |
I just saw this article about Bristol City's latest financial results.
Despite selling Alex Scott to Boscombe for around £20 million and having a pretty good Cup run, they still lost over £3 million in the year.
They lost over £20 million in the year before that.
The Championship is a great League to play in, but it is almost impossible to be profitable whilst playing in it.
https://www.insidermedia.com/news/south-west/encouraging-results-for-bristol-cit |  |
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| For those who think Sport Republic want a Championship club on 09:13 - Jan 3 with 794 views | SaintNick |
Saints averaged about 8,000 more than Bristol City did last season, in ticket sales terms thats about £4-5 Million in income, plus the associated add ons such as merchandising & sponsorship up lifts.
It is possible to survive in the Championship, but to do well you need the parachute payments and therefore need to get back up within 2 years.
You are right Sport Republic need Saints to be in the Premier league, for most in the Premier League to survive is about buying players relatively cheaply and selling them on at a profit, when that process goes wrong then it all goes pear shaped as Leicester and ourselves to name just a couple of teams and a host of others in the Championship, it is impossible to compete. |  |
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