A CHAT WITH: Football finance expert Kieran Maguire
Mets is joined by football finance expert Kieran Maguire to go over the latest accounts published by the club.
The good news for the Gas is that revenues are up, but so too are costs which pushed the clubs losses to nearly £4m. Player sales of Ellis Harrison and Tom Broadbent have softened the blow, but the total debt sits at nearly £25m.
Martyn Starnes expects a £1.7m reduction in costs to show in the next set of accounts, Kieran goes over how this can be achieved and he compares the clubs losses to other League One clubs.
They discuss the disruption caused by Coronavirus and the ramifications for all clubs financially. The EFL have promised a £50m relief package and Kieran describes how that will work in practice.
Proudly sponsored by: https://theoakfieldgroup.co.uk