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Thread: Kieran Maguire - clubs Turnover

  1. #1
    Join Date
    May 2008
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    39,135

    Kieran Maguire - clubs Turnover

    He’s quite good at this. Hopefully you’ll forgive me posting these from X . They show the figures from Rotherham United and for a comparison those of Sheffield Wednesdays

    https://x.com/kieranmaguire/status/1...lcvxGrPcIOixGQ

  2. #2
    Join Date
    Oct 2009
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    632
    Cheers Frog. So basically we have made a bit on player sales, our wage to income ratio is lower than lots of crisis clubs (ie we stick to paying out less than what we can bring in!) and we still make an operating loss which is propped up by borrowings or grants presumably from TS. So those saying ‘put your hand in your pocket’, he is propping our club up while not having us rack up loads of debt. That’ll do me from an owner.

  3. #3
    Join Date
    May 2003
    Posts
    8,130
    Quote Originally Posted by harpo88 View Post
    Cheers Frog. So basically we have made a bit on player sales, our wage to income ratio is lower than lots of crisis clubs (ie we stick to paying out less than what we can bring in!) and we still make an operating loss which is propped up by borrowings or grants presumably from TS. So those saying ‘put your hand in your pocket’, he is propping our club up while not having us rack up loads of debt. That’ll do me from an owner.
    Exactly - one mega wealthy owner propping up a business with huge accumulating debt is not a model that has longevity or resilience to it

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