Loads of Money : When Money Doesn't Buy Success in Football

[Ericsladkilnhurst]

* Loads of Money *
In the title, money does not buy success in football, one club Salford City has proved it.
Owners of the club - Gary & Phil Neville, David Beckham, Paul Scholes, Nicky Butt, Ryan Giggs,
own 50% with the other 50% being owned by business man Peter Lim.
The ownership of Salford City goes under the parent company, Project 92 Limited [ 92 from the
formers players of Manchester United, called the class of 92 ].
The club having numerous managers, Graham Alexandra, Paul Scholes, Richie Wellens & current
manager Gary Bowyer. [ But reported Salford City, looking at former Lincoln City manager
Michael Appleton to become manager ].
Revealed last month the clubs parent company, lost more than £4.7m last year, working out at
£91,000 a week.
Gary Neville said, there was no financial pressure to get promoted, but there is sporting disappointment,
City's wage bill increased by 10% from the previous year, which shows for every £100 income, the
club are spending £143 on salaries.
There has been criticism of the clubs spending policy, which Gary Neville defended, after a third season
in league one.
To me Gary Neville's statement that there is no financial pressure to get promoted, I think is wrong,
after fans have committed their hard earned cash, to support their club, so they want success in
getting promotion.