The Political Economy of Football V2

Greenock Morton made a profit of nearly £200k in their first year as a  community owned club and although they are expecting a loss this year they think it will be manageable:  https://www.greenocktelegraph.co.uk/news/24707986.morton-show-six-figure-profit-last-financial-year/

As the Chesterfield FC Community Trust prepares to take over the Spireites from owner Dave Allen, a sports finance expert warns that it won't be easy and that finances in particular will be a challenge:  https://www.derbyshiretimes.co.uk/sport/football/potential-be-successful-it-wont-be-easy-sports-finance-expert-proposed-chesterfield-takeover-2877086 Realism with the fans will be necessary in terms of managing expectations.   Dan Plumley reckons it is just about feasible below League One level. Local councils are providing the funding in this case although taxpayers who are not football fans may not be happy.