-
Walsall 2018: Heading Out on the Highway
Introduction Walsall have just published their financial results, the first for a League One club for 2017/18, and, just as they have done for the previous five years, they’ve made a profit and kept their status in that division for the eleventh consecutive year. That seems to be enough to satisfy the ambitions of the club owner, Jeff Bonser, though some fans seem to be fed up with his control of the club, and the way he extracts money from it through owning the stadium. Financial summary Income: £5,853,000 (down 12%) Wages: £3,376,000 million (down 0.3%) Sustainable operating profit £63,000 (down 89%) Wages to income 58% (up from 51%) Player…
-
Walsall: Mama Weer All Crazee Now
Football, it’s all about money, footballers are a bunch of greedy tossers, all clubs lose a fortune and are bankrolled by overseas millionaires, the game is going to destroy itself etc. But here’s a different club. It lives within its means, makes a profit every year, and that’s without selling a single player for a fee, and has 128 staff who between them earn just over half of what Manchester United pay Jesse Lingard. Perhaps it could make you fall in love with the game again? The club is Walsall, in the Black Country, nice little stadium, shame about the lack of decent pubs nearby, but other than that the…