Day 150

The club’s finances are sinking into further disrepair. Losses totalled £58,238 last month, leaving us with a current balance of £245,891 in the red. That’s a quarter of a million pounds overdraft. How much more can the club afford before administration comes knocking?

The club’s only worth around a million, so I don’t see how the board could borrow against value. The current wage bill is roughly £1,500 over budget. If we trimmed it down by two grand a week, that might stem the losses to…fifty thousand a month. This is ridiculous. How can they be running such an awful business, which seems incapable of turning a profit.

At the moment it’s their problem, not mine. But how much longer can this last before it trickles down to me and I have to gut my first team? It’s like an axe dangling above my head, with finances rather than performance dictating whether it will fall.