[St Charles Owl]

Keep plugging us Mandy!

I don't fancy our club being run the way some of those big boys are being run anyway, I mean what are the debts for the top 5 PL clubs? They must be exponential, along with the added pressure to succeed or it's debt accrued for nothing.

Ok, to answer your question, here are some numbers from 12/13, bit out of date and as we know the tv revenues have jumped since then but I would assume they provide some indication of the perilous state of some teams. The two numbers are Turnover and then debt in millions.

Premier League club accounts 2012/13

Arsenal 283 93
Aston Villa 84 189
Chelsea 260 958
Everton 86 45
Fulham 73 1
Liverpool 206 114
Manchester City 271 54
Manchester United 363 295
Newcastle United 96 133
Norwich City 75 Nil; £7m net cash in bank
Queens Park Rangers 61 177
Reading 59 38
Southampton 72 19
Stoke City 67 36
Sunderland 76 78
Swansea City 67 Nil; £4m cash in bank
Tottenham Hotspur 147 55
West Bromwich Albion 70 n/a
West Ham United 91 77
Wigan Athletic 56 12

I suppose we would like to see us run like Norwich or Swansea but all this hinges on being in the prem and if you get relegated getting back in the first 2 or 3 years. Bolton for example are walking a huge tightrope with debt of around 12om and no prosepct of reaching the prem and parachute payments about to end!! Having said that, most of these teams owe that debt to owners, or owners companies, so the chances of it being called in is remote, unlike our situation where we owed our debt to a third party, in our case the Co-op.