Daily Record

CASH CRISIS WORRY DONS TURN

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turnover down by £1.59m and that covers only the first three months of the coronaviru­s.

The club predict another £4m could be wiped out in turnover and losses could rise to £5m if fans aren’t allowed back next year.

Cormack, who has pleaded for at least an update from the Scottish government, said: “This is real for Scottish football and our societies. This is so important right now that this tsunami for Scottish football could really result in the mass reconstruc­tion of clubs.

“If we have no plans for fans to be back, then absolutely. It’s night and day. I certainly wouldn’t be budgeting for 8000 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 2000, 3000, 4000? The other thing is that our normal turnover is about £16m and about £2.2m of that are season ticket holders.

“It’s also all the other revenue streams that come into play. We’re in a fortunate position where commercial­ly we do really, really well as a club.

“But that also now is hammering us because of the lack of hospitalit­y and commercial income.

“The message is this, with no plan there will be significan­t, significan­t cuts in Scottish clubs starting at the end of the first quarter of 2021.”

Cormack recently called for a meeting with the Scottish government to discuss fan returns but that has fallen on deaf ears as Aberdeen city is in Tier 2 in the lockdown standing.

“It’s disappoint­ing,” he confirmed. “When you try to put your case and it’s someone three or four levels removed from the First Minister, who knows where that goes? I don’t know.”

Cormack believes Dons are in a more fortunate position than other Scottish clubs, as he’s been able to bring in outside investment and sold Scott McKenna to Nottingham Forest for £3m.

He said: “We’re in a decent place, the biggest concern is with no plan, who’s going to buy season tickets in Scotland?”

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