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The latest set of accounts available for Leyton Orient relate to the 2020/21 season, when they were in League Two. Their total wage bill then was £4.9m and the previous season 2019/20 when they were in the same league, was £4.4m.I’d find it hard to believe their budget has gone backwards this season. As a result, their wage bill this season you could estimate is around twice our wage bill.
They are owned by the smartest man in football. That’s the biggest difference between us and them.
Quote from: GazLaz on January 15, 2023, 10:20:17 pmThey are owned by the smartest man in football. That’s the biggest difference between us and them.He needs to be more than smart. Very very wealthy or he is borrowing vast sums, which if the case, will then end in a meltdown for the club as it always does.
Quote from: Chris Black come back on January 15, 2023, 06:43:04 pmThe latest set of accounts available for Leyton Orient relate to the 2020/21 season, when they were in League Two. Their total wage bill then was £4.9m and the previous season 2019/20 when they were in the same league, was £4.4m.I’d find it hard to believe their budget has gone backwards this season. As a result, their wage bill this season you could estimate is around twice our wage bill.So your telling me during the Covid season, games played in empty stadiums, they had a wage bill of 4.9 million. Sorry if that’s correct then they have a very wealthy benefactor who is bank rolling them. I am not aware they do but I maybe incorrect. They would in all likely hood be in deep financial trouble without that benefactor with those figures you have posted CBcb.I seriously can’t see them being accurate. If they are then they have massively underachieved in the last few years haven’t they. There is only Bradford City imo that could sustain that sort of wage bill in League 2 without huge inputs from the owners.
Just to supplement the discussion, this might help. Some points already covered. https://www.wearebrighton.com/newsopinion/a-53-4m-loss-and-what-else-we-learnt-from-brighton-2020-21-accounts/#:~:text=Instead%2C%20the%20club%20is%20losing,July%202021%20and%20September%202022.Eye-watering!