Cumbrians reveal money loss

Carlisle have revealed operating losses of £124,329 for last season after failing to reach the League One play-offs.

Last Updated: 13/11/12 at 11:09

Carlisle: Have operating losses

Carlisle: Have operating losses

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The Cumbrians, who released their statement ahead of the club's annual general meeting, also confirmed turnover was down £652,141.

A club statement read: "Excluding depreciation and amortisation, the company had an operating loss of £124,329 with some key areas of movement.

"The turnover was down £652,141 - all of which was attributable to less football income (Johnstone's Paint Trophy/Football League Trophy income was reduced by £420k, player sales reduced by £105k and FA Cup income reduced by £41k).

"In terms of expenses, player basic wages were reduced compared to 2011, although bonus payments for league position were higher, and in return we did not achieve a play-off position or increased crowds."

The club is hoping to realise savings of £230,000 in running costs by the end of the 2012/13 financial year.

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sn'tthis strange. Last season we were worried that we were stuck with a Dinosaur in Moyes while Liverpool and Everton were disappearing into the distance with their young, spritely managerts, playing football from heaven. Progressive managers, they said. Managers who understand the modern game.........

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ood list, some crackers in there. For me, I'd have had Steve McManaman for Liverpool away at Celtic in the UEFA cup in 1997. I was in the ground that night and everyone kept screaming at him to make a pass, but he just kept going and going and going...brilliant, and in the dying minutes too.

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