MalcSB
Well-Known Member
Supporters could always help by filling the CBS Arena when there are no restrictions. Or is that just being plain crazy?
Supporters could always help by filling the CBS Arena when there are no restrictions. Or is that just being plain crazy?This is the problem. The “model” doesn’t exist. We are only surviving as we raise money on sales every year and without that we are finished
Supporters could always help by filling the CBS Arena when there are no restrictions. Or is that just being plain crazy?
Yeah but the difference is Brentford are under little pressure to sell as they have an owner propping them up. The model falls down if you can’t sell the player for an inflated price.
100% I don't think anyone is expecting us to make £95m in 5 years (if they do then more fool them). Although Brentford are still bottom half wage budget their turnover is also one of the lowest in the division. In any other business it'd be unsustainable.
For me it's more about finding, developing (and then selling) under valued talent. That's the model rather than necessarily how much you invest.
I'm content with the way we're doing it now, making £3.5m on McCallum in just 18 months & now could probably sell Hamer for 3 x his outlay after just 12 months etc.
Great what ambition
What do you expect?
Id Expect an organisation who runs the club to not rely on asset sales to minimise escalating losses and also not to have adopted a strategy of revenue deterioration by removing the club from its home
Sisu have had 14 years at the club. Good or bad in your view?
3 months. Stoke lost £91mThese owners need to be thanked for really making the club financially stable.
COVID has little impact on these figures. It’s catastrophic mismanagement
Equally I don’t think anyone is surprised by the numbers nor do I think many clubs in our league will have vastly different general pictures
3 months. Stoke lost £91m
I am so glad Grendel is nowhere near any business i work for
£91m loss with a plot of land in Stoke and a team going backwards v £3m loss and no ground and a team going forwards
We lost £300’000 according to our released accounts, with crowds our CEO said we would have broken even or shown a small profit. The year before we showed a similar loss to yourselves, it basically the difference between championship and league one income.
A plot of land that’s worth £22 million and an owner that’s worth what £8 billion?
Operating losses for Barnsley were £3 million
They’re owners are clueless when it comes to running a football though.
They’re owners are clueless when it comes to running a football though.
He told us we lost £300’000.
They spent 10 consecutive years in the Premier League tbf which is an achievement for a club no bigger than us.
Operating losses were £3 million
The accounts for the club have been filed for the year to 31 May 2020.
Overall the picture looks like a big improvement on the previous year, the main factor being the central distribution increasing from £2.4 to £8.1m. This is broadly the £6m that is often mentioned as the value of being in the Championship.
Overall turnover increased from £7.8m to £14.2m. Player wages increased modestly from £8.1m to £11.1m. This represents 78% of turnover. Net profit on player trading amounted to £2.8m and importantly this is net of player amortisation.
The operating loss after all expenses was £3.1m but this was partially offset by the profit on player sales to leave a small loss of just short of £0.3m. This is compared to a loss of £3.4m the previous year.
Reading that we lost £300’000
as I said the operating loss was £3 m - essentially the club relies on asset Disposal to survive - 33% increase in wages also isn’t modest
Shit just seen your user name, I didn’t realise I was arguing with an idiot. £11M wage bill in championship isn’t modestselling players to balance the books doesn’t count, you’re as silly as a bottle of chips you pal.
You just said wages “increased modestly”
Still as you’ve just said the multi billionaires Coates family no nothing about business and you’ve failed to understand operating profit
you’ve constantly praised owners who seemingly have similar ambition to
Ours and are one relegation away from severe issues - yes there’s no borrowing but that’s something I’m assuming that will not change regardless
Silly Billy.
£800k more than whatever we were paying to rent the Ricoh
Who perhaps rather than toWe don’t have multi billion owners to absorb losses
Your last paragraph is spot on as the corner is turned but everybody will need a load of patience to move significantly forward as a club.In any other business yes, it would be crazy, but most football clubs run at significant losses.
You seem to think the St Andrews move was a deliberate ploy & purely down to them which, as you criticised another poster for, is conjecture.
They've since negotiated a better deal than we've ever had previously at the Ricoh so... Ends justify the means? We'll see.
The Sisu tenure has been majority bad, of course, I'm not sure many would argue otherwise.
They've definitely turned a corner more recently with Seppala being more hands on & also Boddy's appointment (despite well founded skepticism) has worked well. Robins now has significant control over the majority of the footballing side - these are all things they should have done sooner rather than the failed Ranson experiment. If they'd had a similar model but coupled it with the support afforded to Ranson & greatly inferior managers we likely would have been much more successful. That's all in the past though, we are where we are now & have to work under these constraints.
So what do you expect in the here & now?
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