
Originally Posted by
donsdaft
Thanks, I very seldom check that website because.
1/ It’s impossible for me to work my way round, finding red tv in particular is damn near impossible.
2/ If you ever actually get in there it’s so f’uckin boring you wish you hadn’t.
Having read this article I would say that a wages to turnover rate of 90% is madness.
50% is good, but assuming football is different then it simply must be reduced to 75%
Now I scraped an o level in arithmetic and have spent years so concerned with day to day cash flow that I have found business accounts to be so out of date that it’s just a case of sign the buggers and try not to dwell on the bottom line.
However, don’t EVER suggest me for chairman because the first thing I would do would be to reduce that wage bill, so don’t expect any significant signings.
If Milne allowed the wages to get to the stage of 90% of turnover then he was always planning to get out as quickly as possible.
That’s really bad news, prepare for AFC 2021