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Swiss Ramble 13:22 - Jan 7 with 1151 views

Sorry, but I haven’t worked out how to copy his tweets, but he has published today some tweets on finances in the Championship. Probably no great surprise but the reliance on owner finance is stark. It would also appear that in net terms we generate more income on player sales than the rest of the division. Make of that what you will.

It’s worth a read. @swissramble

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Our final position

Swiss Ramble on 13:25 - Jan 7 with 1123 views

rosseden

Despite high levels of debt in the Championship, much is provided by owners interest-free with no scheduled repayment dates. In this way, loan & interest payments are only Â£281m, compared to Â£1.7 bln in PL (Â£800m for #MUFC alone). Â£82m of this was spent by #NUFC (Â£73m in 2008). pic.twitter.com/bx3Fi8X1hW
— Swiss Ramble (@SwissRamble) January 7, 2019

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Swiss Ramble on 13:26 - Jan 7 with 1105 views

rosseden

I published a study last week on where Premier League clubs source their money and what they spend it on by reviewing the clubsâ€™ cash flow statements over the last decade. Today I do a similar exercise on Championship clubs â€“ where the picture is very different.
— Swiss Ramble (@SwissRamble) January 7, 2019

Poll:	can the majority of twtd users count?
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Swiss Ramble on 13:35 - Jan 7 with 1059 views

Durovigutum

So an incredible 87% of Championship clubs’ cash came from owner financing with just 7% from operating activities.

That's like having a hobby classic car in the garage that you justify by "hiring out for weddings" but that only pays for 7% of it's costs at weddings.

Championship football is nuts - you really have to LOVE the club you own....

Swiss Ramble on 13:37 - Jan 7 with 1028 views

Bluefish

Swiss Ramble on 13:25 - Jan 7 by rosseden
Despite high levels of debt in the Championship, much is provided by owners interest-free with no scheduled repayment dates. In this way, loan & interest payments are only Â£281m, compared to Â£1.7 bln in PL (Â£800m for #MUFC alone). Â£82m of this was spent by #NUFC (Â£73m in 2008). pic.twitter.com/bx3Fi8X1hW — Swiss Ramble (@SwissRamble) January 7, 2019

If if you bought itfc for a pound we would be a terrible investment but Evans out and all that

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