Power can't afford to pay the wages then. (Just thought I'd get in there quickly)
I know you're only joking but this made me think. Yes, I know I shouldn't think but I did.
Even at
£15 a ticket Towns gate receipts (GRs) brings in around
£90k pw. Over a season, we would be looking at a GR income of roughly
£2.34m pa.
Obviously we have other streams of income albeit (Profit on player sales, Sponsorship, TV revenue, Merchandise, Hospitality, Experience Packages etc) but our GR is the current, main one.
With the Salary Cost Management Protocol (SCMP), which applies to both L1 (60%) & L2 (55%), even using the low estimate from the GRs means
we could spend £1.29m on wages in L2. There is a hidden proviso (or loophole), the figure can include donations from the owner to the club as well as injections of equity. LP could put money in, thus raising the spend on wages available. This option isn't available to Prem & Champ clubs (without punishment). Loans do not count though.
Taking that base £1.29m means theoretically, Town could have a squad of 20 players earning averagely £1240 pw (of course this can fluctuate - say a couple on £2.5k and 3 or 4 on £700-£800).
To me that seems a little low and with other revenue streams probably only pushing it up to c£1.5m (another £600k on the £2.34m) it would only bring the average wage up to £1450 pw. Unless of course Power/Clem is putting in some "donations" but not loans.
Do any of you think that's a bit low, about right or way off? Actual accountants out there don't bite my head off, it's a basic look but any input would be good.
Sorry Flashheart