Luton Outlaws - Independent Message Board for Luton Town FC

Just read interesting article HullLive wrote before last game of the season, entitled Disaster of Relegation for Hull.

It had the maths worked out and overall loss of revenue for them going down to L1 would have been £9-£12M.

Where it gets a lot worse, as the L1 rules are no relegated club can spend more than 75% of revenue on wages. If we stay in L1 for a second season it’s 60%!

So our current squad will be well over that. Plus we need money in from player sales to balance the books, pay players off, etc. we won’t be going out buying £1M players, not a chance. So in reality anyone in our squad could be sold.

We can’t afford another year of high spend on a squad as the ground gets nearer to completion, we are still needing to borrow 50% of the ground spend even with Prem money.

All hopes rest on MB and recruitment team building a strong powerful team on a strict budget. COYH