Worcester City's finances...
Posted: Mon Feb 01, 2010 7:42 pm
Interesting report from Board of Directors of the Conference South club.
Their wage bill is around £3,500 per week and they still are losing money
as the gate income is lower than budgeted ( a gate of 600 produces gross cash of £3k due to the number of concessions) They are surviving by taking an advance from the developers who have bought St Georges Lane for £3.5m.
http://www.worcestercityfc.co& ... px?nid=811
Their wage bill is around £3,500 per week and they still are losing money
as the gate income is lower than budgeted ( a gate of 600 produces gross cash of £3k due to the number of concessions) They are surviving by taking an advance from the developers who have bought St Georges Lane for £3.5m.
http://www.worcestercityfc.co& ... px?nid=811