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Anthony Johnson, who until last month was joint manager of Radcliffe FC, has posted about the finances of the club following the release of their accounts for last season which showed an £800K loss.
'What I see here is what I’ve always seen from the club - 100% total transparency and clarity, some other clubs would do well doing the same…
Radcliffe are very fortunate (like a lot of football clubs) to have an excellent owner who puts his own money into the club.
A club that’s needed huge infrastructure investment over the last couple of years. A fortune spent on the best pitch in the league. A ground invested in to become NLN compliant ie floodlight upgrades, turnstiles, food kiosks, fan zone etc.
A lot of money (clearly) has been invested into the football club - it needed it as it was previously left to rack and ruin.
A club budget or club spend is different to what a first team budget is… There’s a saying in business, you have to speculate to accumulate and that’s exactly what the owner has done, again like many other football clubs owners have done.
But I’ll repeat, there’s huge difference between a club budget (football club spend) and first team budget… '
Radcliffe is 47% owned by Marcus McCabe.