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Profit into loss at Gillingham

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A profit of £180k at Gillingham in 2015 turned into a loss of £800,000 in the year ended May 2016.   Turnover was flat at £5.68m.

The wage bill was up 10 per cent in 2016, but is less than Ibrahimovic earns in ten weeks, illustrating the gap between the Premier League and League One.  The whole squad cost £80k and no player was signed for a fee in 2016.

A dispute with caterers Centerplate is to go to court in November 2017.   Out of court settlements have been rejected.

The club has long-term plans to relocate to a new stadium as part of a quest for promotion to the Premier League.