- Aug 1, 2013
- 801
- 789
This isn't just about poor budgeting and financial mismanagement. What it shows is that progression to higher levels brings a vicious increase in costs that can't be met via crowd funding alone. There comes a point at which progress inflicts so much financial damage that the club is no longer sustainable - but would the fans accept a voluntary relegation back to (say) Evostick South to play at a sustainable level? A poor season at any level can wipe out any balances and reserves (which it seems Chester had in place) but the higher the level the more severe and speedier the impact. I think every non league club without a millionaire backer runs this particular risk.
They went full time trying to compete without the money to back it up.
They're spending £450k PA on wages!!!!!