Exeter City's Appeal Falls Flat as Manchester City Refuse Increased FA Cup Earnings.
In an effort to alleviate financial woes, Exeter City has made a heartfelt plea to their high-profile opponents, Manchester City, to reconsider the standard policy regarding matchday gate receipts. The League One club has been owned by its fans since 2003 and has been facing significant challenges in recent times, including redundancy and loan repayments of £600,000 from its own supporters' trust.
In a move seen as a statement of solidarity with other fan-owned clubs, Exeter's management asked Manchester City if they would be willing to voluntarily transfer a portion of their share of the matchday gate receipts. The request was made in recognition of the financial realities faced by fan-owned clubs, but unfortunately for Exeter, the response from Manchester City has been a resounding "no".
Under competition rules, each club takes 45% of gate receipts, with the Football Association taking an additional 10%. While it's estimated that ticket sales will generate between £250,000 and £400,000 for Exeter, this paltry amount is unlikely to have a significant impact on their finances. The lack of TV coverage and the absence of replays from the first round proper also means that Exeter will miss out on potential windfalls.
Exeter's situation has become increasingly dire in recent times, with their home ground, St James Park, sustaining significant damage in November due to a fire. This latest development serves as another reminder of the financial struggles faced by fan-owned clubs in League One and the need for increased support from rival clubs like Manchester City. Despite this, it seems that Exeter's appeal has fallen on deaf ears, leaving them to navigate their financial woes without additional assistance from one of the biggest clubs in English football.
In an effort to alleviate financial woes, Exeter City has made a heartfelt plea to their high-profile opponents, Manchester City, to reconsider the standard policy regarding matchday gate receipts. The League One club has been owned by its fans since 2003 and has been facing significant challenges in recent times, including redundancy and loan repayments of £600,000 from its own supporters' trust.
In a move seen as a statement of solidarity with other fan-owned clubs, Exeter's management asked Manchester City if they would be willing to voluntarily transfer a portion of their share of the matchday gate receipts. The request was made in recognition of the financial realities faced by fan-owned clubs, but unfortunately for Exeter, the response from Manchester City has been a resounding "no".
Under competition rules, each club takes 45% of gate receipts, with the Football Association taking an additional 10%. While it's estimated that ticket sales will generate between £250,000 and £400,000 for Exeter, this paltry amount is unlikely to have a significant impact on their finances. The lack of TV coverage and the absence of replays from the first round proper also means that Exeter will miss out on potential windfalls.
Exeter's situation has become increasingly dire in recent times, with their home ground, St James Park, sustaining significant damage in November due to a fire. This latest development serves as another reminder of the financial struggles faced by fan-owned clubs in League One and the need for increased support from rival clubs like Manchester City. Despite this, it seems that Exeter's appeal has fallen on deaf ears, leaving them to navigate their financial woes without additional assistance from one of the biggest clubs in English football.