Stockport County FC have secured a £180,000 loan from the local council against an outstanding tranche of a transfer payment.
Whilst this will deal with any immediate cash flow problems, questions remain surrounding the football club’s finances. The wage bill has been slashed following the departure of a number of players and recent average attendances have increased to 3,700, well above a supposed 2,500 break even point in the club’s business plan.
Stockport County FC have secured a £180,000 loan from the local council against an outstanding tranche of a transfer payment.
Whilst this will deal with any immediate cash flow problems, questions remain surrounding the football club’s finances. The wage bill has been slashed following the departure of a number of players and recent average attendances have increased to 3,700, well above a supposed 2,500 break even point in the club’s business plan.
A cloud on the horizon is the move away of Sale rugby club which would increase the rent on Edgeley Park.