Quote bulls2487="bulls2487"80% Central funding reduction in 2022 compared to 2021.
Where is the money coming from at Fev?
In 2018 they couldn't afford the squad with higher central funding.
It's a valid question.
Fev had to borrow £381k in loans to get through 2021 which was held against the ground and surrounding land. This is from the most recent accounts and not a sustainable method long term.'"
I'm no expert on accounts but the latest accounts at Companies House are from November 20, and of the £381k borrowed, £200k has already been repaid in full which would mean to me at least that cash flow at the club is in a good place. Indeed, the club recently announced that sales of merchandise was at a very high level and that we were probably selling more than both our close SL rivals. Add to that the fact that we retain ALL our match day revenue streams plus the income from hiring out our function rooms etc , plus the well run Squadbuilder scheme, then it mustn't come as a surprise when we can announce quality signings which we have done consistently while Mark Campbell has been Chairman.
