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Crawley Town/Lower League Finances

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LocalLadGTFC
February 15, 2024, 12:35pm
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Accounts from 22/23 shows them losing 4 million without any upgrades to the infrastructure and they don't even own the ground. This is the sort of thing we're competing with just in L2... the fact stuff like this is allowed to happen is a joke. An independent regulator is needed and fast before we lose more clubs.
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Gaffer58
February 15, 2024, 12:49pm
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But when the get their “ football fortune” and reach the premiership then their investors get their money back in spades!!!
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crusty ole pie
February 15, 2024, 12:56pm

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Quoted from Gaffer58
But when the get their “ football fortune” and reach the premiership then their investors get their money back in spades!!!


They have had their football fortune in getting into the league and promotion to the first division seems like fortune didn’t last long and will soon find their natural level
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lew chaterleys lover
February 15, 2024, 12:57pm
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Quoted from LocalLadGTFC
Tweet 1757883897361105343 will appear here...


Accounts from 22/23 shows them losing 4 million without any upgrades to the infrastructure and they don't even own the ground. This is the sort of thing we're competing with just in L2... the fact stuff like this is allowed to happen is a joke. An independent regulator is needed and fast before we lose more clubs.


It's up to them if they want to take the risk. You will never get a level playing field so you run a club in accordance with your finances and philosophy I guess.
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LocalLadGTFC
February 15, 2024, 1:15pm
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Quoted from lew chaterleys lover


It's up to them if they want to take the risk. You will never get a level playing field so you run a club in accordance with your finances and philosophy I guess.


I mean it's not really up to the fans of the club is it. It's up to some bloke that really doesn't care about the fortunes of Crawley Town or it's fans trying to make money and will eventually leave them in the excrement. These owners really don't give a toss about the clubs.
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JK47
February 15, 2024, 1:38pm
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https://www.theguardian.com/fo.....uce-agents-influence

Stockwood's latest piece in the Guardian on this topic,
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Mappers
February 15, 2024, 1:42pm
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Colchester , Crawley and Leyton Orient all posting big big losses in the last couple of weeks .

Just to try and compete or get out of league 2

I don't mind so much if someone puts the money in as a hobby or whatever and won't let the club go when they have finished , it's more the Crawley/Scunthorpe scenario when the club/and, or stadium is leveraged against loads of debt which will leave the club eventually in a mess or worse .

That's why although on the pitch it's bad atm I struggle to be too harsh on Stockwood & Pettit as they are at least trying their best to run the club the right way . Unfortunately the right way does not always mean success .
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Spurn boy
February 15, 2024, 4:37pm

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Quoted from Mappers
Colchester , Crawley and Leyton Orient all posting big big losses in the last couple of weeks .

Just to try and compete or get out of league 2

I don't mind so much if someone puts the money in as a hobby or whatever and won't let the club go when they have finished , it's more the Crawley/Scunthorpe scenario when the club/and, or stadium is leveraged against loads of debt which will leave the club eventually in a mess or worse .

That's why although on the pitch it's bad atm I struggle to be too harsh on Stockwood & Pettit as they are at least trying their best to run the club the right way . Unfortunately the right way does not always mean success .


True pumping millions into a lower league club doesn’t necessarily guarantee success.


Dead Eye Dobbin stood motionless waiting, waiting, waiting for the ball to arrive. Back came the right foot, Down came the right foot, Bang ! Headlines around the world as the ball flew into the very top right hand corner of the goal.( Jim Dobbin scoring in the 89th minute for Town against Newcastle United away 24/10/1992 )
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Gaffer58
February 15, 2024, 4:45pm
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Off the top of my head Mansfield have spent loads over the last few years, in fact I think it’s the owners wife who’s in charge, so yes they’re looking good at the moment, and if they get promotion then it’s spend on another level in league 1, and I don’t believe there attendances are larger then ours.
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GrimRob
February 15, 2024, 4:59pm

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I agree with salary cap but I seem to remember when it was proposed in the National League there was much hand wringing on here. We're well down the table in this division wage bill wise but were quite high up in the NL. Most fans will want whatever favours their club.


'Tis better to have loved and lost than never to have loved at all.  
~ Alfred Lord Tennyson
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