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TOPIC: Annual solidarity payments

GaryH

Club Legend

Status: Offline

Posts: 1516

Date: 12:00 Apr 15, 2020

Annual solidarity payments	Permalink

We have received our payment early via the Premier League and the club has made a statement; https://www.wellingunited.com/statement-from-national-league/ It's about £14k and as appreciative as we must be I'm not sure how us, and many other clubs, are going to get through the coming months. We need that sort of money every couple of weeks (if we had home games) and without it we must be running up some debt. Hopefully the club can get government help with paying staff but all the other income has just stopped (bar revenue, programme sales, fundraisers, club shop etc. etc.). Unless the club has someone to invest or just prop up the club I suppose our budget next year will be massively reduced? __________________

Jamison

Club Legend

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Posts: 2358

Date: 17:53 Apr 15, 2020

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What outgoings are there at the moment to be racking up debts? Maybe a couple of bills but they cant be much if nothing be used and the players are not getting paid. __________________ For the many, not just the few.

GaryH

Club Legend

Status: Offline

Posts: 1516

Date: 17:58 Apr 15, 2020

RE: Annual solidarity payments	Permalink

I suppose it depends on if the club can get back what they are playing contracted staff. I think that can take a while plus water bills, rent, maintenance, etc. Certainly be stuff going out __________________

Club Legend

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Posts: 1633

Date: 08:56 Apr 16, 2020

RE: Annual solidarity payments	Permalink

GaryH wrote: Unless the club has someone to invest or just prop up the club I suppose our budget next year will be massively reduced? I guess the majority of clubs will be in the same boat __________________ Graham

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