Kieran Maguire of the Price of Football reports: 'Forest Green Rovers publish full, audited accounts for 2018/19. [Many clubs do not using an exemption route for smaller firms]. Revenue 2.6% but profits of £308k turn to loss of £797k partly due to collapse of Doidge sale to Ken Anderson’s Bolton. Total losses clocked up by Forest Green Rovers over the years now £13.5 million.'
Forest Green Rovers get half of their income from commercial sources, majority of which seems to come from parent company Ecotricity, who the club owes over £6m. Forest Green Rovers wage bill up 11% and wages 74% of revenue.
The clubbought players for £158k but no sales in 2018/19 following collapse of Doidge move. They recently bought a player from non-league Leamington for a rumoured £50k.
Comments
Post a Comment