Re: Struggling clubs hit jackpot
We are spending $500K a year interest on a $10mil loan, yet we are breaking even each year.
Get rid of half the debt with $5mil, save $250K in interest a year and we are a slightly profitable club.
From that situation, we can improve year on year, instead of going backwards. baby steps...
We are spending $500K a year interest on a $10mil loan, yet we are breaking even each year.
Get rid of half the debt with $5mil, save $250K in interest a year and we are a slightly profitable club.
From that situation, we can improve year on year, instead of going backwards. baby steps...

The only question is with so many facets of the sport so important these days, do we want a teams competing with an arm tied behind their back? Perfect example is reading that the Pies have 6 full time recruiting staff and we have two. Basically fans in our code want to be able to win the bloody thing, not a widening gap !
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