UK time is: 08:58:31
Vital Login
Social Login

Choose your club

Other Sites

Network Navigation

Vital Partners

'If It's Football, It's Vital'

Mitchell: AFCB can be sustainable if promoted

AFC Bournemouth chairman Eddie Mitchell believes that the club could prove sustainable if promotion to the Championship was achieved over the next few years.

Over the past year the Cherries have overseen a large amount of spending on both the facilities at Dean Court, the new training pitches next to the stadium in Kings Park and large investment in the playing squad on both transfer fees and wages.

The current squad includes over thirty first team professionals, assembled mostly by former managers Lee Bradbury and Paul Groves.

Last month management duo Eddie Howe and Jason Tindall returned to the club after 21 months at Championship side Burnley and have said they intend to scale down the size of the squad over time.

AFC Bournemouth chairman Eddie Mitchell who brought in 50% co-owner Max Demin twelve months ago acknowledges that the Cherries are currently not being run on a sustainable footing, mainly in part to players wages.

Sponsorship deals with kit sponsor Energy Consulting (founded by newly appointed AFCB director Mikhail Ponomarev) and stadium sponsor Goldsands Management help keep the club under the Football League's spending cap, whilst the Cherries received a 6million loan from Wintel Petrochemicals Ltd (Demin is listed as a director of Wintel) in June this year.

Mitchell believes that if promotion to the second tier of English football can be achieved, then the Cherries would no longer be dependent on investors due to the probable increase in attendances.

Mitchell also reiterated the need for the club to win promotion before a new fourth stand at Dean Court could become viable, whilst also insisting that they would not contemplate buying the ground back from landlords Structadene until it was 'realistically priced'.

Mitchell told BBC Radio Solent...

'It would be difficult to keep the club going forward as it is now, We've got to get the club to be sustainable over the next three of four years and that is my 100% target...'

'...I do not want to be dependent on other people and the club does not want to be dependent on anybody, me or Max or whoever comes into the football club.

'It has to be sustainable on its own and building support, getting bigger crowds...'

'...I believe we have a Championship squad within our club now. So we need to get into the Championship and therefore the wages we are paying now would be more on par with the crowds we hope to get and then it becomes more sustainable.'


AFCB Vital Travel Coaches

AFCB Vital are sponsoring the Travel Coaches this season.

The sponsorship guarantees that a supporter coach will travel to every league and cup game this season. For prices, departure times and how to book - click here.



It's easy to join AFCB Vital

With Vital Bournemouth you can win prizes just by having your say on the articles, polls and forums, click the link to register.

Join The Vital Debate






Use your social login to comment on front page articles. Login using you Facebook, Twitter, Google or LinkedIn accounts and have your say!



Click here to join in the debate on the club forum.

The Journalist

Writer: DJ Mail feedback, articles or suggestions

Date:Saturday November 24 2012

Time: 11:19AM

Your Comments (oldest first)

Change to most recent first
I have thought a few times if we would be able to cope in the championship with 7000-8000 people gates and a wage bill which will increase.
AFCB_FAN
Report Abuse
24/11/2012 11:31:00

.... Be easier if all the profits from the clubs commercial businesses were not being compromised I would suspect.....
Garbo
Report Abuse
25/11/2012 18:17:00

 

Have Your Say

Log in...
with your social network     OR     with your Vital account

Recent AFC Bournemouth Articles

Archived AFC Bournemouth Articles

List All AFCB Vital Articles
Have your say
Click here to suggest an article
Click here to suggest a poll

Vital Members League (view all)

1. Garbo 55
2. billythekid 47
3. yesyescherry 43
4. dannyhollandsfan 42
5. AlGard 37
6. The Alchemist 33
7. DJ 31
8. northstandmark 31
9. blandford_cherry 29
10. fritter 29

League Results (view all)

League Table (view table)

Team P W D L GD Pts
1. Middlesbrough 35 19 9 7 29 66
2. Derby County 35 19 8 8 29 65
3. Watford 35 20 5 10 28 65
4. Bournemouth 35 18 9 8 31 63
5. Norwich 35 18 8 9 28 62
6. Brentford 35 19 4 12 12 61
7. Ipswich 35 17 9 9 17 60

Breaking League News

Howe: We don't want to be left with any regrets
Bournemouth : 06/03/2015 08:15:00
Arter: Fulham can be a really top team
Bournemouth : 06/03/2015 08:07:00
Meet The Ref - Latics v Leeds - Geoff Eltringham
Wigan : 06/03/2015 08:00:01
Cook: Possible suspension will not be on my mind
Bournemouth : 06/03/2015 08:00:01
LUFC Wigan Athletic v Leeds United Team News
Leeds Utd : 06/03/2015 08:00:00

Current Site Poll (view all polls)

Who has been the Cherries best summer signing?
Suggested By:  
Dan Gosling 9%
Junior Stanislas 7%
Callum Wilson 67%
Andrew Surman 17%