Tom Bott
Well-Known Member
- Joined
- Oct 27, 2017
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- 5,097
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Our turnover is £20 million apparently and wages are £19 million
Transfer fees are not included in the wages in the same way as wages are additional to transfer fees. All is revealed in the accounts, though to fully understand them you need to be clued up on accountancy.
The take home message is that the club loses money, so for people to say lets buy more expensive players merely compounds the losses.
Most normal businesses losing £ 200 K per week would not last long.