Please read all of this to understand my problem, it has a lot of detail in it.
I'm £-300k with Stockport County in League 1, Season 5. I considered many things to keep them out of the red, we only get out of it at the end of the season from the profits but then we go straight back into it the next season and it seems to be getting worse each season.
My owners are now interested in offers in the club, although haven't admitted to step down, my job is stable by a long distance, but we just ain't generating enough somewhere.. I even got rid of one of my two Youth Coaches but it hasn't worked.
I have increased the players wages in recent years to play at League 1 standard but not by much.
I have made very good profits over the seasons with selling players as I never pay money out for players, I develop and sell, one of them was Stephen Folan who I got on a free, played a whole season and then Dundee became interested and I said £100k (worth 30k) and WALLAA, I sold him - Back to the problem... I earn the most from my gates of 5,000 fans a match almost in a 10,000 seater stadium (small fanbase)
Any suggestions to help the struggling financial club? I don't want to sell all my higher waged players (1.2k) is my highest, but my average is around £800 and watch them slip back into League 2.
P.S Our only profits are coming from Cup Competitions and we crashed out of the League Cup in Round 1, and the Johnstone's Paint Trophy.
Cheers - vKompany
I'm £-300k with Stockport County in League 1, Season 5. I considered many things to keep them out of the red, we only get out of it at the end of the season from the profits but then we go straight back into it the next season and it seems to be getting worse each season.
My owners are now interested in offers in the club, although haven't admitted to step down, my job is stable by a long distance, but we just ain't generating enough somewhere.. I even got rid of one of my two Youth Coaches but it hasn't worked.
I have increased the players wages in recent years to play at League 1 standard but not by much.
I have made very good profits over the seasons with selling players as I never pay money out for players, I develop and sell, one of them was Stephen Folan who I got on a free, played a whole season and then Dundee became interested and I said £100k (worth 30k) and WALLAA, I sold him - Back to the problem... I earn the most from my gates of 5,000 fans a match almost in a 10,000 seater stadium (small fanbase)
Any suggestions to help the struggling financial club? I don't want to sell all my higher waged players (1.2k) is my highest, but my average is around £800 and watch them slip back into League 2.
P.S Our only profits are coming from Cup Competitions and we crashed out of the League Cup in Round 1, and the Johnstone's Paint Trophy.
Cheers - vKompany