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Thread: Barnsley Fc report losses for the year ending May 21, 2021

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  1. #1
    Join Date
    Sep 2015
    Posts
    26,772
    Quote Originally Posted by Redrascal View Post
    Wasnt there summat said but clubs that need more help due to covid would be helped out further,sure i red summatt. Or maybe theyve paid cryne more out of the clubs season ticket money during covid.
    The club took a £3m loan out offered by the EFL during the covid period .

    The financial situation at the club should be of great concern to all followers of this club , it's not just grim is disastrous .

    The ownership have done exactly the opposite of what they said they would do .

    They said they wouldn't do anything crazy but they have .

    Because not a penny of their own money has been risked they've thought nothing of spending the club's money like a kid in a sweet shop .

    This is a point that supporters need to understand .

    There's next to nowt left with a relegation and a £8m hit to the finances looming on the horizon on the back of these latest accounts .

    In short they've basically walked in to this club whilst paying next to nowt for it initially and emptied the club's till over a four year plus period .

    Unless there is some investment coming in to the club from the ownership then we look in massive financial trouble to me if we are indeed relegated .

  2. #2
    Join Date
    Jul 2011
    Posts
    12,046
    Quote Originally Posted by animallittle3 View Post
    The club took a £3m loan out offered by the EFL during the covid period .

    The financial situation at the club should be of great concern to all followers of this club , it's not just grim is disastrous .

    The ownership have done exactly the opposite of what they said they would do .

    They said they wouldn't do anything crazy but they have .

    Because not a penny of their own money has been risked they've thought nothing of spending the club's money like a kid in a sweet shop .

    This is a point that supporters need to understand .

    There's next to nowt left with a relegation and a £8m hit to the finances looming on the horizon on the back of these latest accounts .

    In short they've basically walked in to this club whilst paying next to nowt for it initially and emptied the club's till over a four year plus period .

    Unless there is some investment coming in to the club from the ownership then we look in massive financial trouble to me if we are indeed relegated .
    Been saying the same forra while nar Animal. Relegation will be a disaster financially. Staying up I suspect will still see us still heavily in the Red.

    Interesting that we have Conway coming out in the press criticising the clubs who overspend and aren't punished, yet the PMG have let us fall into this kind of debt.

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