Quote: Mrs Barista "And Wigan lose half a million a year on bigger gates, spending the full cap and a similar ground-sharing arrangement AFAIK. Medical bills, running the academy, employing probably 30 odd people in admin, finance, retail, community programme not to mention the coaching staff to pay, plus consumables, transport & accommodation, running the website etc not to mention the cost of 10,000 shirts and all the merchandise we sell, sales of which go towards that £4-5m. If our retail margin is 30% (about average for clothing), that's £700k of costs against £1m of turnover before the costs of running the shop with a manager etc. National Insurance contributions on 30 players, and say 30 odd staff as well. I really don't see that the board are syphoning off huge funds from FC to live the high life when we're one of the only teams to make a profit and this generally speaking without progressing to major finals.'"
Who said anyone was "syphoning off huge funds"
wigan's business model has been nothing like ours previously. The club was propped up by whelan. They didn't have a particularly strong retail operation, didn't get a penny from their main sponsors and sold tickets at a significantly lower amount than we do. I'd be amazed if their turnover was anywhere near ours up until the time lenegan took over.
And if we're spending circa £3m on things other than the players and the stadium then it sounds like we have tooo many costs to me
