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Operating losses for Carlisle

Operating losses for Carlisle

Operating losses of more than £124,000 have been revealed by Carlisle.

A club statement, on the official website, revealed the following: 'excluding depreciation and amortisation, the company had an operating loss of £124,329 with some key areas of movement.

'The turnover was down £652,141 - all of which was attributable to less football income (Johnstone's Paint Trophy/Football League Trophy income was reduced by £420k, player sales reduced by £105k and FA Cup income reduced by £41k).

'In terms of expenses, player basic wages were reduced compared to 2011, although bonus payments for league position were higher, and in return we did not achieve a play-off position or increased crowds.'

Turnover was also down more than £650,000 although: 'The club is hoping to realise savings of £230,000 in running costs by the end of the 2012/13 financial year.'

So not great news for The Cumbrians but hopefully positive news can follow in the not too distant future.

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Writer:Site Staff
Date:Tuesday November 13 2012
Time: 7:19PM

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# Team P W D L Pts. GD
1 Wimbledon 0 0 0 0 0 0
2 Bolton 0 0 0 0 0 0
3 Bradford 0 0 0 0 0 0
4 Bristol Rovers 0 0 0 0 0 0
5 Bury 0 0 0 0 0 0
6 Charlton 0 0 0 0 0 0
7 Chesterfield 0 0 0 0 0 0
8 Coventry 0 0 0 0 0 0
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13 Northampton 0 0 0 0 0 0
14 Oldham 0 0 0 0 0 0
15 Oxford 0 0 0 0 0 0
16 Peterborough 0 0 0 0 0 0
17 Port Vale 0 0 0 0 0 0
18 Rochdale 0 0 0 0 0 0
19 Scunthorpe 0 0 0 0 0 0
20 Sheff Utd 0 0 0 0 0 0
21 Shrewsbury 0 0 0 0 0 0
22 Southend 0 0 0 0 0 0
23 Swindon 0 0 0 0 0 0
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