Torquay post loss of almost £250,000

[tktufc91]

http://www.torquayheraldexpress.co.uk/T ... story.html

Can't even to begin imagining how much we'll lose should we drop into the conference.

[MidDevon]

this highlights the silly business football is

the wage bill would allow for 35 members of staff on £50,000 a year !

when you compare Torquay's staffing cost to turnover it is in excess of 75% !

High volume retailers, such as supermarkets, would generally have a figure closer to 6 or 7% and even the most labour hungry high street shops such as hairdressers, dry cleaners etc would only be 20 to 25%

[Fonda]

Imagine those staffing costs include managerial pay-offs? How many would be on there, just Knill or Ling and Taylor too?

[MidDevon]

Yes they would, but even the year before it would allow for 30 members of staff on £50,000 a year !

[Lloyder5]

this highlights the silly business football is

the wage bill would allow for 35 members of staff on £50,000 a year !

when you compare Torquay's staffing cost to turnover it is in excess of 75% !

High volume retailers, such as supermarkets, would generally have a figure closer to 6 or 7% and even the most labour hungry high street shops such as hairdressers, dry cleaners etc would only be 20 to 25%

Not sure you can compare on that basis, we have no stock for instance. Delivering such a service or product is people intensive, I would expect 70-80% of budget to go on staff.

[MidDevon]

Most retailers have payment terms of 90 days minimum. That means when you walk in the average Sainsburys or Tescos, nether company has paid yet for anything you see !

NO business can justify a labour cost to sell of 75% and the FA are keen to do something about it with new regulations and whilst there are various ways clubs will initially get around it, I am sure most league chaimen are quietly breathing a sigh of relief !