Cast your mind back ye olde City fans (Way before my time) Decline and financial ruin (1980â82)In 1980, the City team went back to the Second Division in the first of three relegations, their debt mounted and their financial losses increased, with two successive relegations following. Thus, in 1982, they were relegated into the Fourth Division, and were declared bankrupt. BCFC (1982) Ltd acquired the club's player contracts, and the highly-paid senior players Julian Marshall, Chris Garland, Jimmy Mann, Peter Aitken, Geoff Merrick, David Rodgers, Gerry Sweeney and Trevor Tainton, who became known as the 'Ashton Gate Eight', each accepted termination of his contract for half the amount due to him. City's losses are now huge compared to Rovers as our financial reports to June 30th 2012 showed a loss of just £353,000. The previous year Rovers made a loss of £3,423,576 and most of that money was down to the stadium costs. Overall our debt now stands at just over £6.2 million which is down on the previous year by £917,882 which is very good. View attachment 19441 City who sit uncomfortably in 22nd position 2 pts off of the bottom of the championship now face some difficult decisions with an underperforming team and management it seems likely that no new funds will be made avaliable to strengthen the squad,also sacking the manager appears no longer viable due to the costs involved.The board will also have an uphill struggle to comply with the Football Leagueâs newly introduced Financial Fair Play (FFP) regulations.By the 2015-16 season, losses at a Championship club can be no more than £5m, with a maximum of £3m funded by shareholders and clubs. However for City the silver lining in all this news is that they will probably not need to worry about Championship FFP as they are destined for L1 next season.Unfortunately it actually gets worse for them, a salary cost management protocol will operate, simply put the team will be capped at a percentage of turnover ie 60% although this may vary.In league 2 it currently stands at 55%. So the board,management players and fans must be feeling the heat and wondering not only how they got into this position also how an earth are they going to navigate out of these difficulties. Will Mr Lansdown convert the overhanging debts, is that possible in these times actually is it worth it? Turnover at Ashton Gate dropped slightly from £11.9m to £11.8m, but wages rose from £15.9m to £18.6m. Chairman Keith Dawe described the figures as "disappointing" but said they reflected a "difficult year" for the club, who are currently two points off the bottom of the Championship. I assume he was also dissapointed with there current league position as well if not he should be. Bristol City losses are as follows View attachment 19436 â¢2012: £14.4m â¢2011: £11.45m â¢2010: £11.8m â¢2009: £6.5m " The deficit recorded in 2011 was put down to rising player wages and severe delays in the development of their new 30,000 stadium at Ashton Vale. It looks as if City are in the COR .
city will be fine as long as they have lansdown. i dont see him going anywhere. so their debts are nothing really. however their issue seems to be getting their years losses down from over £14million to £5million with a few seasons time that will be very tough for them. be worse if they get relegated.
City have always been worse off then Rovers when it comes to loses I know a person who's seen all the records
