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Tuesday 2 October 2012

Day 171

With just over a week left until New Year, the club’s declining finances don’t appear to be getting any better. There’s a clear downward trend, from a positive balance at the beginning of July to over a quarter million pounds overdraft today. If you look carefully, it seems that the losses are, ah, lessening.

It’s like we’re losing money on a gentle trend of exponential decay, with the asymptote somewhere between £500,000 and a million pounds in the red.

I’m watching this nervously because I desperately don’t want to be forced into selling OlembĂ©, Barnes-Homer, Koroma, or Shuker—my star players. If an unsolicited offer way above market value comes along, that’s a different story—we’ll consider it in terms of where that money could be reinvested. But if I have to transfer list anyone to raise funds to pay off debts, that could turn out to be a deal breaker for my future as Lincoln manager (depending on whether or not we go on to win the league).

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