Source: Bournemouth_Echo
Cherries: Loss of FA Cup payday not a worry for Mitchell
CHAIRMAN Eddie Mitchell insists Cherries will continue to pay their way despite missing out on a big FA Cup payday.[LNB] The second round defeat at Notts County saw the club miss out on £27,000 in prize money and a potentially lucrative tie against Premier League Sunderland.[LNB] That setback came against the backdrop of the testing financial climate and during a period when Cherries have just one home fixture sandwiched between three away games.[LNB] But Mitchell says the Dean Court outfit are finding a way to get by.[LNB] When asked if missing out on a third round tie at the Stadium of Light was a big blow to the coffers, Mitchell told the Echo: We'd have preferred to win it and get the money, but it was not something we had in our cash-flow.[LNB] I think everybody likes to have a little windfall now and again but it wasn't to be. We'll manage.[LNB] We planned for half the gate money at Notts County and that's what we got.[LNB] He continued: The finances are probably the same as I have said before.[LNB] Like most of the country, it is very difficult. But we're finding a way to pay our way, and we're going to continue to do that.[LNB] Mitchell, who confirmed Cherries were paying their stadium rent while also eating into backdated money owed to the landlords, provided an insight into the financial battle facing the League One outfit.[LNB] He said: It's very tough. We've all had to dig deep but we're not alone.[LNB] You can see that by the students demonstrating about having to pay more money, retailers worrying about where their customers are coming from and job losses.[LNB] We're all not where we were four or five years ago but we're getting by and that's the main thing.[LNB] The restaurant upstairs at Dean Court for Sunday lunches has taken off and we're averaging between 80 and 100 people each weekend, which is good.[LNB] The bistro has opened and, at lunchtimes, we're quite busy. It's good and it's adding to the coffers.[LNB] Meanwhile, the Cherries chairman has dismissed speculation linking playmaker Marc Pugh with a £200,000 move to Southampton.[LNB] Mitchell said: I think he's worth a lot of money he's a very good player and he's |certainly worth more than £200,000.[LNB] We don't want to lose him and we're not going to lose him, as far as I'm concerned.[LNB]
