The Cliff (occupationroad.co.uk)
Watford's wage bill fell from £79m to £28.1m in three seasons, and £32m of income vanished in one. What relegation actually costs, read from the accounts.
Relegation from the Premier League isn’t just a bad day in May. It’s a financial cliff. #watfordfc revenue fell from £57.9m to £26m in a year and wages from £79m to £28.1m in three. Result: sales funding survival, owner withdrawals and a club remade by the drop.
occupationroad.co.uk/posts/the-cl...