Speculation Who would you choose?

[FryattFox]

Two years ago (with an average attendance of 24,000), gate receipts totalled £5.7 million. That's about £110,000 a week. Not £600,000. Attendances are down but ticket prices are up, so the total ticket income at the moment is likely to be similar.

I'm sure we are paying a lot more than that in salaries.

Source: http://www.lcfc.com/page/LatestNews/0,,10274~2308271,00.html

In total, that meant that total turnover of £16.2m was met by staff costs alone of £14.5m. Assuming that turnover has stayed fairly constant, I wouldn't be surprised if staff costs are now at ~£20m, with most of our signings on an additional £5-10k than the previous players. Add onto that transfer and signing on fees of £15m plus, and the additional costs of changing management of a couple of million, and we're probably looking at a loss of about £30m for this year (2009/10 was £7.5m for comparison).

A new manager is bound to come in and be given another £5m to splash, and the extra amount on contracts is committed to for the next 2 years at least.

But who cares about the £60m plus debt on the balance sheet...we're on our way to the promised land.

"We're going bankrupt, who gives a ****, we're Leicester..."