It’ll be the current rate of loss plus several million in stadium project fees. Could be over 11m let alone 10m. Around £30,000 per day.
People can talk about sustainability and the need for a new stadium all they like, but these levels of losses won’t be wiped out by a 16,000 seater new build near Sainsbury’s. Especially when God knows how many tens of millions might be added to the club’s debt to pay for it, despite the fact that the club almost certainly won’t own anything in return. Nobody knows that Oxford United won’t be paying for at least a chunk of it, so for anyone to say otherwise would be unwise. We’ll need to be in the Championship year after year to stand any chance of sustainability, and even then, it’s not a given.
If the overall debt stood at £24m in June 2023 then it’ll be circa £35m by June of this year if the rumoured losses are correct. At the current rate of loss the club’s debt could easily be almost £50m by June 2026, at which point we could be playing in Buckinghamshire in front of 2,000 people, at least temporarily. That isn’t some sort of worst case, that’s based on the current rate of loss.
I believe the club’s debt has doubled in the last three years - it could well double again in the next three.
To say somebody has bet the house on this stadium coming off would be an understatement.