Quote:
This leaves net proceeds of just over £600,000 that will come in over the course of 12 months to be used by the football operation.
Although some people paid up front for their membership, the vast majority of members pay it as a subscription on a monthly basis, so it’s important for fans to appreciate that the bulk of the money will come in over a 12-month period.
Also worth bearing in mind
Quote:
So far, the net proceeds raised will enable circa £50,000 each month and although we acknowledge what the fans are suggesting, because of strengthening competition in the league, and the importance of keeping our momentum going, we have decided this year to commit around 80% towards the first team, with the balance on youth development and continuing to build a high-performance environment.