Being well run in League One, which I think Cheltenham are, simply isn't enough it seems. Although they made a profit of £412K last year, this year, despite remaining in League One, they have posted a loss of £531K.
Headline numbers are that their salary costs have increased by £418K and admin up by over £200K. Without an owner regularly injecting money (which is a dead end business model), a club of this size, with average home attendances of about 4,000, is no longer viable at League One level.
Whilst the National League is mostly full-time there are some clubs that have part-time players in it. Surely with these numbers it can't be long before some teams in League Two go part-time.
Headline numbers are that their salary costs have increased by £418K and admin up by over £200K. Without an owner regularly injecting money (which is a dead end business model), a club of this size, with average home attendances of about 4,000, is no longer viable at League One level.
Whilst the National League is mostly full-time there are some clubs that have part-time players in it. Surely with these numbers it can't be long before some teams in League Two go part-time.