Thursday, April 02, 2020

Chester Try To Cut Costs

Like every other club in the National North League, Chester FC are trying to cut costs because of the effects of coronavirus.

The indecision of the National League is not helping as clubs have been left in limbo not knowing if the 2019/20 season is over or will be finished at some stage in the summer.

"Every club, like ourselves, are battling tirelessly to meet these outstanding financial obligations and to extend the season by even another month to six weeks to conclude the season behind doors could accrue up to £50,000 of costs which are unbudgeted." 

Here are some of their plans:

"The main outgoing at the club at the moment remains player salaries which are due to run until May 2 and those players who have signed on for next season are currently due to resume on July 1," read the statement. "The salaried staff (i.e. managers and club employees), although also furloughed in the main, are employed across 52 weeks a year.

"Although May sees a reduction in expenditure in salaries these will come at time when the cash reserve is naturally at its lowest in a normal season – hence the need for fundraising and Government support to be received at the earliest opportunity to support cashflow and make these payments.

"In addition to this expenditure we also have expenditure for services we receive such as website hosting for the official website, pest control, refuge collection and cleaning for the stadium etc which are being reviewed to see what savings can be made given the wind down in operations.

"Fixed costs associated with things like business rates, rent and other provisions linked to local authorities are being reviewed with the relevant organisations to see if we are eligible for national schemes or grants."