As Dons report loss..
Cormack calls for action after Dons slump to loss
Aberdeen played a test game with a small crowd (pic: SNS Group)
Aberdeen FC chairman Dave Cormack has warned that Scottish football is about to be hit by a tsunami of financial turmoil as the pandemic wrecks balance sheets and threatens the game’s future.
He has called for a plan from the Scottish government after the club announced an operating loss of £2.92 million for the year ended 30 June. He is projecting a loss of £5m next year, with the wages to turnover ratio increasing from 68% to 90%.
Mr Cormack said season ticket revenues are likely to fall through the floor for next season – with no plans in sight to allow supporters back into grounds.
Aberdeen held a successful fan trial of 300 fans against Kilmarnock early in the season but the Covid lockdown tiers mean they have been unable to build on that. Cormack wants his club to start gradually rebuilding the levels of fans allowed into the stadium.
He has called for an update from the Scottish Government, warning that there will be significant cuts in Scottish clubs early next year.
“This is so important right now that this tsunami for Scottish football could really result in the mass reconstruction of clubs,” he said.
“I certainly wouldn’t be budgeting for 8,000 Aberdeen fans to buy a season ticket again if there is no plan.
“How many fans will buy season tickets in Scotland across the board? Who knows? How can you budget for 2,000, 3,000, 4,000?