Even clubs in the lower divisions of the English Football Club are increasingly reliant on benefactors and that applies to Carlisle United and Edinburgh Woollen Mill: Increased debt
Blues’ latest accounts, which show they owed Philip Day’s firm £1.31m by the end of last season. Turnover fell, matchday ticket income was reduced and the club made a loss of £121,000. Matchday income was down 17% as attendances down from 5,113 to 4,600.
It is, however, among the top six spenders on football costs in League Two. The main cost for clubs is wags and Carlisle now paying out £86 in wages for every £100 of income, which leaves very little to cover other costs of running the club.
Carlisle spent £55,000 on player signings in 2017/18, nearly all of this on Richie Bennett.
Comments
Post a Comment