UK time is: 08:26:46
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

RUFC - Where has all the money gone?

Rotherham United Chairman, Denis Coleman has told David Beddows of The Advertiser that 'everything that could go wrong has gone wrong.'

If paying the huge rent on Millmoor and the players wages wasn't enough, there have been costs, that couldn't have been calculated for, which include:

200,000 flood damage cost after insurance
90,000 compulsory upgrades to the Youth training facilities
30,000 for re-wiring at Millmoor
19,000 for a new turnstyle monitoring system
5,000 for a new boiler

The lease the current Board inherited when taking over at Millmoor says they are responsible for all repairs and 240,000 was spent on ground repairs last season.

The TV money the club got for the cup tie against Sheffield Wednesday was gone within a week because the turnstyle system failed.

If facilities at the Youth training ground hadn't been upgraded then the Youth training funding would have stopped. The Youth funding is 138,000 which leaves a shortfall most seasons of between 80,000 and 90,000.

Rigid cost cutting at the club actually means the club did make a small profit in the last financial year. Mr Coleman says, 'when we took over the club was losing, what equates to, 1.8 million a year. We did a CVA and got rid of the debt but not the costs. We've cut everything to the bare minimum and there is no part of the club we haven't been through to see if we can make any cost savings. But, we have gone as far as we can.

'As all football clubs at this level the burden of player salaries is a hefty one but if you cut your team budget by too much then you are in a Catch 22 situation. We could cut wage costs and sit in the bottom of the division or go into the Conference but that would be disastrous. But the largest single cost is the rent.'




Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!

The Journalist

Writer: Herringthorpe  Mail feedback, articles or suggestions

Date:Friday February 22 2008

Time: 9:01AM

Your Comments

2OOK AFTER INSURANCE ???????? WHY WERE THESE COSTS NOT MET BY THE INSURANCE ???? ME PUZZELLED ????????
MILLERS1884
I presume you have to pay the first so much yourself, but that is only a guess
herringthorpe
 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent Rotherham United Articles

RUFC - Head-to-Head v Bolton (Monday September 15 2014)

RUFC - Norwich Tickets On Sale (Monday September 15 2014)

RUFC - Ref Watch v Bolton (Monday September 15 2014)

RUFC - Jordan Glad To Be Off The Mark (Sunday September 14 2014)

RUFC - What Of The Debutantes? (Sunday September 14 2014)

RUFC - Evans Pleased With Point (Sunday September 14 2014)

Last Gasp Goal Sees Millers Get Point (Sunday September 14 2014)

Stats: Bournemouth v Rotherham United (Saturday September 13 2014)

Archived Rotherham United Articles

List All Vital Rotherham Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. rybel_b 614
2. herringthorpe 465
3. sixpence 290
4. miller4life 178
5. mos60 25
6. mvmiller 20
7. Millie Miller 15
8. axholme 9
9. nearlyataff 8
10. nogginthenog 7

League Results (view all)

League Table (view table)

Team P W D L GD Pts
15. Cardiff 6 2 2 2 0 8
16. Wigan 6 2 1 3 1 7
17. Brighton 6 2 1 3 0 7
18. Rotherham 6 2 1 3 -3 7
19. Leeds Utd 6 2 1 3 -5 7
20. Birmingham 6 1 3 2 -5 6
21. Huddersfield 6 1 1 4 -8 4

Breaking League News

LUFC Former Premier League Ref In Charge
Leeds Utd : 16/09/2014 08:00:00
LUFC Bournemouth v Leeds United - History
Leeds Utd : 16/09/2014 08:00:00
Ipswich v Brighton (Preview)
Brighton : 16/09/2014 07:55:00
LUFC On This Day - September 16th
Leeds Utd : 16/09/2014 07:11:00
Andy Delort - Vital Latics Man Of The Match
Wigan : 16/09/2014 00:03:00

Current Site Poll (view all polls)

How Many Loan Players Do You Think We Need When The Window Opens?
Suggested By:  
None 33%
One 21%
Two 10%
More 36%