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Posted

Football club finances can look pretty scary. It's worth mentioning that the 1.2 million received in transfer fees came in after the reporting date, so aren't included in the figures for 23-24. They largely offset the loss for the financial year, which itself was largely down to The Nest and a couple of transfer fees. Based on that, I'd assume that we're getting closer to being on an even keel.

The loans still make me nervous though!

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Posted

Loans of £1.3m back to back funding of The Nest?

Continual annual loan injections of £2m... 

@DangerousSausage I do wish some of the loans could be recapitalised as shares

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Posted

I don't worry about football finances. I think the Reedtz have a good understanding of what it takes to get us up the leagues, and provided we maintain control over the money going out and the debt, I personally think we'll be better off than a lot of other clubs that are considered bigger and richer. The thought of us being able to profit from departing players is only part of the good signs.

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Pride of Nottingham is an independent fansite devoted to Notts County, the world’s oldest professional football club. Created in 2013, it has served as a source of Magpie news, features, match previews, reports, analysis and interviews for more than three years.

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