froggyted
Player Valuation: £8m
Can't disagree with much of this. My concern at the pishpoor commercial management of EFC is all over here. However, given that the playing assets are our most valuable asset, and given that we have a far superior track record than any other club of producing Premier League talent, then perhaps such a high investment in the academy and player training is warranted?
I'd love for us to be able to increase that revenue stream sufficiently to reduce the "85%" figure, but where we are at the moment is telling, and buying cheap and selling high remains the current board's income stream.
A recipe for disaster in the long, or even medium, term though. Let's hope that things (i.e. the Board) change soon.