UK time is: 12:49:53
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

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
.... Be easier if all the profits from the clubs commercial businesses were not being compromised I would suspect.....
Garbo
 

Have Your Say

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

Recent Articles

Cherries host Sheffield Wednesday (Wednesday April 16 2014)

O'Kane: We can still do it (Wednesday April 16 2014)

Cook: We will give it our all (Tuesday April 15 2014)

Howe: Memorable occasion for Cargill (Tuesday April 15 2014)

Howe: We will never give up (Monday April 14 2014)

Archived 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. billythekid 268
2. yesyescherry 233
3. AlGard 212
4. DJ 141
5. kirsikka 123
6. ErikthViking 119
7. 4FCB 112
8. Garbo 110
9. dragonm8 105
10. thefiendofkingspark 102

League Results (view all)

League Table (view table)

Team P W D L GD Pts
6. Reading 42 17 13 12 13 64
7. Brighton 42 17 13 12 12 64
8. Ipswich 42 17 13 12 8 64
9. Bournemouth 42 17 11 14 1 62
10. Blackburn 42 15 15 12 3 60
11. Forest 42 14 17 11 4 59
12. Middlesbrough 42 14 16 12 10 58

Breaking League News

Ex-Owl Jones sacked by Port Vale
Sheff Wed : 16/04/2014 11:44:00
Player Ratings - Leicester (H)
Reading : 16/04/2014 10:00:00
Marshall aiming for early return
Blackburn : 16/04/2014 09:13:00
Cherries host Sheffield Wednesday
Bournemouth : 16/04/2014 08:20:00
O'Kane: We can still do it
Bournemouth : 16/04/2014 08:06:00
Any Previous? - Latics v Reading
Wigan : 16/04/2014 08:00:00
LUFC On This Day - April 16th
Leeds Utd : 16/04/2014 07:15:00

Current Site Poll (view all polls)

Do you think we can finish better than 12th this season?
Suggested By:  Cheshunt Cherry
Yes 90%
No 10%
Undecided 0%