Text at top (next game etc)

Next Game: Home Against Southport In The League On Saturday January 18th At 3.00pm

Wednesday, March 19, 2014

£1.5Million Losses In Four Years


This week's AGM financial figures means the club is facing a trading loss of £1.5million over the four years since David Keyte became chairman.

The estimate of a £400,000 loss in the current season, given at the AGM on Monday, added to the losses of £498,994 and £452,472 in the 12/13 and 11/12 seasons. In 10/11 the club reported an overall profit, thanks to clearing the historic debt, but saw a trading loss of £173,537.

The numbers mean that, since David Keyte and Tim Russon took charge of affairs in June 2010, the club has lost £1.125million in the three reported years plus the £400,000 estimate - a total of just over £1.5million.