Cost of relegation to League 1....Rotherham

[EastStandRed]

Rotherham United income down 24% in 2017/18 following relegation to League One. Would have been bigger drop except owners increased sponsorship from £1m to £3m

Rotherham made loss of £27,000 a week in 2017/18 pre player trading. Profit of £790k on player sales (possible sell on clause?)helped offset these losses.

Biggest costs for Rotherham were wages of £6.3m (to put in context, less than Michael Keane earns at Everton) which fell by over a quarter after relegation and rent of £1m to owners which fell by 18%.

Rotherham player trading for 2017/18 was purchases of £275k and sales of £800k

Rotherham owe other clubs £859k for transfers/loan fees but are themselves owed £949k

Rotherham dependent upon owners who have lent club £3.5 million and appears to be interest free.



We need to get out of this League pronto

[SBRed48]

I hope our accounts for 2017/18, which are due to be published, are so transparent.

But I doubt it.

[Romared]

Blimey , hardly big spenders are they ? Running a tight ship with little profit involved, I did think their attendances might have improved this season , results haven't helped them though , I hope they manage to avoid the drop ,