Quote ="Ian P"The financial squeeze will certainly start to bite come season pass buying period kicks in and with a growing army of une employed and everyone forced to look at everything twice, it could have an effect. The lack of on field success will eventually also have an effect as people with limited resources will either pick and choose matches or entertainment. I do not of more then a few fans getting a little fed up of the lack of silverware and a signing or two could sway that one way or the other.
Many fans are not happy with what they are watching on the pitch, five drives and a bad kick gets a bit boring after three seasons. I also think the KR factor has helped keep the gates bouyant and kept interest up since they joined us again.
I do not think the club will fold or anything its just that in my lifetime it has been a bit like our governments, boom and bust.
I would value FC at a lot more then £1.5......................... perhaps double that and then some
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Agree that gates/passholders may fall due to the general economic situation, but there's not a huge amount the club can do about that. Of course they could reduce ticket prices, but since the majority of supporters are passholders, I personally don't think a 5% reduction (£10) will be a tipping point for people renewing or not. Wouldn't like to predict what will happen TBH. I thought the worst last year after a 12th place finishand we sold more passes than ever - don't really get it.
£1.5m does seem about right on the face of it, but as mentioned people seldom invest in this sort of venture with a view to making money. We've averaged profits of £140k each year over the last 5 years and are only £100k off having positive net assets (having adjusted for player valuations).