Sombre sums for lowly Grecians

Exeter chairman Ed Chorlton has revealed the cost of relegation from League One - a whopping £380,000.

Last Updated: 24/04/12 at 14:50   

Grecians: Relegation will be costly

Grecians: Relegation will be costly

The Grecians are facing the very real prospect of the drop to the Football League's basement division, as they sit five points from safety with two games left to play.

Chorlton has admitted the Devon club is preparing itself for life on the bottom rung of the ladder, and he explained how much that could affect Exeter financially.

"At the moment we are looking at two budgets - staying up and staying down," he told the Western Morning News. "The big issue with going down is that the sum from the Football League goes down by £380,000.

"That wouldn't just come out of the manager's budget. We would have to look at all possibilities, but you have to make sure your income meets your expenditure. The budget comes from three areas. It comes from money from the Football League television and solidarity payments, commercial and gate.

"Our gate this year is 1,000 less than it was last year. If we were doing well, or do well in the future, we could have gate twice the size and, illogically, that makes a difference, so it's a chicken and egg thing here."

Football365 Facebook Fan Page

The Football365 fan page is a great place to meet like minded people, have football related discussions and make new friends.

Related News

Sky Bet

    • Retrieving latest Sky Bet odds

Most Commented

Readers' Comments

I

may well get slated by other United fans for this, but out of the three contenders, I'd far prefer Liverpool to win the title. Yes some elements of their fanbase can be a bit OTT, yes they're our biggest rivals and yes it will make our poor season feel even more like the end of an era (Fergie's gone, Liverpool are back on top). However I just have to applaud Brendan Rodgers and the way he's turned Liverpool around in just a couple of seasons. It...

Mike_Christie
Please Stop Telling Us What To Think

H

ooray! We are all excited now, we beat a very mediocre team! With all due respect to WHU supporters, not winning that game shouldn't even be a consideration. This is the problem, there is no winning mentality at the Emirates - we're all congratulating ourselves beating a team that we have a winning record against.

TheWhiz
Wenger hails important win

I

s this meant to be an aspiration for United supporters? Moyes mediocrity strikes again. I see the Bayern boys don't want to sign for him, and his reputation amongst the senior European coaches make other key signings unlikely.

redbornandbred
De Gea's Europa League target

Footer 365

Sherwood keen to keep Eriksen

Tottenham head coach Tim Sherwood hopes the club can keep hold of Christian Eriksen in the summer.

Premier League: Roberto Martinez hails Everton players after win over Manchester United

Roberto Martinez saluted the focus and adaptability of his Everton squad after a 2-0 victory over Manchester United.

Transfer news: Atletico Mineiro to take Nicolas Anelka to FIFA

Atletico Mineiro president Alexandre Kalil has said that he is considering taking Nicolas Anelka to FIFA.

Mail Box

That's Why We Didn't Want Jose At United

There is plenty of reaction to Mourinho's antics (Isn't that exactly what he wanted?) plus thoughts on Connor Wickham, Fabio Borini, beach balls and Tim Sherwood...

Kieran's Not The Only One Keeping Notes

Another chap in the mailbox has been keeping notes on comments made by optimistic Man United fans. Plus, Garey Vance is offering a double-or-quits on his new tattoo...

© 2014 British Sky Broadcasting Ltd. All Rights Reserved A Sky Sports Digital Media property