Vital Football

Latest AFC Bournemouth News

Mitchell: AFCB can be sustainable if promoted

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



Win FREE pizza with Vital Football!
Select your team and get 50% off if they score twice.
www.papajohns.co.uk/football



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

Writer:DJ
Date:Saturday November 24 2012
Time: 11:19AM

Comments

0
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
24/11/2012 11:31:00
0
.... Be easier if all the profits from the clubs commercial businesses were not being compromised I would suspect.....
Garbo
25/11/2012 18:17:00
Page 1/1
  1. 1

Login to post a comment

Recent AFC Bournemouth Articles

Sweet success for the Toffees

Another first for Cherries fans as we congregated for the first league meeting between the teams at Goodison Park. I have to say from beginning to end we received an excellent reception from fans and

Howe: I love it at Bournemouth

AFC Bournemouth manager Eddie Howe has moved to distance himself from rumours linking with with replacing Roberto Martinez at Everton.

Mostyn: Premier League survival surpasses promotion

AFC Bournemouth chairman Jeff Mostyn believes the Cherries maintaining their Premier League status has been a bigger achievement than promotion from the Championship.

Howe: Scoreline did not reflect the performance

AFC Bournemouth lost their fifth game in six matches away at Everton on Saturday.

Archived AFCB Vital Articles

AFCB Vital articles from

Site Journalists

DJ
Editor email
Profile

Current Poll (see more polls)

Who has been AFCB's best 2016 winter signing?
Suggested By:
Juan Manuel Iturbe (loan)12%
Benik Afobe73%
Lewis Grabban8%
Marius Adamonis (loan)3%
Rhoys Wiggins4%
ScoopDragon Premier League Network Sites

League Table

# Team P W D L Pts. GD
1 Leicester City 35 22 10 3 76 30
2 Spurs 35 19 12 4 69 39
3 Arsenal 36 19 10 7 67 25
4 Man City 35 19 7 9 64 32
5 West Ham 35 15 14 6 59 17
6 Man Utd 34 17 8 9 59 12
7 Liverpool 34 15 10 9 55 13
8 Southampton 35 15 9 11 54 12
9 Stoke 36 13 9 14 48 -14
10 Chelsea 34 12 11 11 47 7
11 Everton 35 10 14 11 44 6
12 Watford 35 12 8 15 44 -6
13 WBA 36 10 11 15 41 -14
14 AFC Bournemouth 36 11 8 17 41 -20
15 Swansea 35 10 10 15 40 -15
16 Crystal Palace 36 10 9 17 39 -10
17 Newcastle 36 8 9 19 33 -25
18 Sunderland 35 7 11 17 32 -18
19 Norwich 35 8 7 20 31 -26
R Aston Villa 36 3 7 26 16 -45
Latest F1 News
Latest Vital Boxing News

Recent AFC Bournemouth Results (view all)

AFC Bournemouth Fixtures (view all)

May 7 2016 3:00PM : West Bromwich Albion (H)
Barclays Premier League
May 15 2016 3:00PM : Manchester United (a)
Barclays Premier League

Vital Members League Table

RankNamePoints
1.DJ11
2.The Alchemist6
3.SeafrontSupporter5
4.Ken Baileys Ghost5
5.AFCBade5
6.tednphil4
7.GaryRB4
8.SlowDownDerek4
9.4FCB3
10.hba13