Oxford City Begin The Save With A Negative Balance
This is not good. Red is always bad. We don't want that. The club has no money to fix any of its problems and, to add insult to injury, the club is already well over its wage budget. Rectifying the club's financial integrity will certainly be a priority, moving forward, as a club simply cannot compete without any money.
The Club Is Expected To Lose Several Hundred Thousand
Big red warning signs should be flashing in your head, if you see this. The club would not be able to withstand the expected negative balance and would almost certainly go in to administration. If this projection does not improve in the next six-nine months, the club is toast. Simple as.
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