Positive Balance Sheet

The fan-owned club which I support is hovering near the relegation zone of English Football League One table. This is expected given that the team is operating at lower budget due to over-budgeting spending two seasons ago. I guess that the team will have to make do with the existing budget and make best use of the available resource to achieve the best possible results on the pitch. I do not hanker for the promotion. Another League One survival is sufficient for me this season. The team has to sell one of its players to balance the book in the off-season. I believe that this is the right approach adopted by the club.

The above circumstance shows the importance of operating within the budget. What’s over cannot be undone. The only way is to look forward and explore options to improve the financial status of the club and hopefully make a profit. This is regardless of the amount of the profit. As long as the club make £1 profit in every financial year, I am happy with such result.

WTK

Author: firewtk

A middle-age Singaporean currently having a minimalist and simple lifestyle. I am not longer in full-time employment with effect from 1 May 2019. I try my very best to write one post per day on this blog. The purpose is to share my prevailing thoughts to interested readers. It is up to the interested readers to decide whether they want to take action in embarking on the FIRE journey. I do not gain anything from this blog and it is solely for sharing hopefully for the benefits of all interested reader. WTK

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.