Can someone explain to me how Wednesday are/were losing £5m a year please

Discussion in 'Bulletin Board ARCHIVE' started by SuperTyke, Aug 31, 2013.

  1. SuperTyke

    SuperTyke Well-Known Member

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    They get considerably larger attendances than us and I believe it has been reported a couple of times that their wage bill is quite small like ours so how can they lose £5m a year? What can it be going on?

    That's bugged me for a while.
     
    SuperTyke, Aug 31, 2013
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  2. NIGHTMARE

    NIGHTMARE Banned Idiot

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    paying off debt
     
    NIGHTMARE, Aug 31, 2013
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  3. jedstar

    jedstar Well-Known Member

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    I reckon they gambled quite heavily to get promotion to the Championship, they brought loads of players in when they were in league one who Jones decided weren't good enough (don't think he rated any of Megson's signings) so they brought in a shed load more players last season who weren't that great either...I reckon their squad and wage bill is a lot bigger than it appears.

    Can't knock the crowds they get but they do have a much bigger population to draw people in from, not to mention a load from places like Rotherham, Chesterfield, Doncaster and even Barnsley unfortunately.
     
    jedstar, Aug 31, 2013
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  4. Gordon Owen

    Gordon Owen Well-Known Member

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    Tins of Ronseal cost a bit on that old stadium
     
    Gordon Owen, Aug 31, 2013
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  5. I'm Spartacus

    I'm Spartacus Well-Known Member

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    The debt is owed to Mandaric...and unlike Cryne, he's not writing it off.
     
    I'm Spartacus, Aug 31, 2013
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