r00fie1
Well-known member
https://www.sunderlandecho.com/spor...eveals-they-are-losing-ps700000-month-2932862
It puts the whole covid / football scenario in perspective.
League One promotion rivals Portsmouth have revealed they have been losing around £700,000 per month in lost revenue as a result of the coronavirus crisis.
Portsmouth CEO says upto 60% of their revenue comes through the gate.........
Mark Catlin:
“With a club like Portsmouth we’re a very large club with a large cost base to support such a big fan base.
“We’ve been operating with no gate receipts or revenue which make up to 50 to 60 per cent of our overall turnover in any normal season.
“It’s having a devastating effect where we are losing in the region of £700,000 per month in lost revenue. That’s just because of the losses in matchday revenue.”
That is frightening - replicated across the Championship,league one and two - clubs must be hanging on by their fingertips
It puts the whole covid / football scenario in perspective.
League One promotion rivals Portsmouth have revealed they have been losing around £700,000 per month in lost revenue as a result of the coronavirus crisis.
Portsmouth CEO says upto 60% of their revenue comes through the gate.........
Mark Catlin:
“With a club like Portsmouth we’re a very large club with a large cost base to support such a big fan base.
“We’ve been operating with no gate receipts or revenue which make up to 50 to 60 per cent of our overall turnover in any normal season.
“It’s having a devastating effect where we are losing in the region of £700,000 per month in lost revenue. That’s just because of the losses in matchday revenue.”
That is frightening - replicated across the Championship,league one and two - clubs must be hanging on by their fingertips