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Another football experts take on CCFC (1 Viewer)

  • Thread starter cov_george
  • Start date Apr 28, 2017
Forums New posts

cov_george

Well-Known Member
  • Apr 28, 2017
  • #1
Coventry City chairman Tim Fisher's income claims rubbished by football finance expert

CCFC chairman's income claims rubbished by footy finance expert
 
Reactions: ohitsaidwalker king power, Steve.B50 and ccfc92

oldskyblue58

CCFC Finance Director
  • Apr 28, 2017
  • #2
as the person who got that particular line of journalistic enquiry kick started I would say that is a good article and that I agree with the contents.

only thing that probably needed highlighting was the fact that the extra income streams bring with them extra costs and it is the net benefit or loss that affects what can actually be spent
 
Last edited: Apr 28, 2017
Reactions: wingy, dongonzalos, peeler and 4 others

ccfc92

Well-Known Member
  • Apr 28, 2017
  • #3
 
Reactions: wingy, Earlsdon_Skyblue1 and hill83

Nick

Administrator
  • Apr 28, 2017
  • #4
Yes, we don't get a lot of income so it makes pre season harder to fund.

It doesn't stop thinking outside the box to help tickover.

The one thing it doesn't mention is matchday costs.

It's nothing covcity4life hasn't told us before.
 
Reactions: stupot07, Moff, wingy and 4 others

oldskyblue58

CCFC Finance Director
  • Apr 28, 2017
  • #5
all clubs have matchday costs
 
Reactions: dongonzalos, Captain Dart, albatross and 1 other person
S

SimonGilbert

Telegraph Tea Boy
  • Apr 28, 2017
  • #6
oldskyblue58 said:
as the person who got that particular line of journalistic enquiry kick started I would say that is a good article and that I agree with the contents.

only thing that probably needed highlighting was the fact that the extra income streams bring with them extra costs and it is the net benefit or loss that affects what can actually be spent
Click to expand...
Thanks for the steer. Took a little longer than I'd have liked. But we got there in the end.

Sent from my HTC One using Tapatalk
 
Reactions: dongonzalos, martcov and oldskyblue58

Nick

Administrator
  • Apr 28, 2017
  • #7
oldskyblue58 said:
all clubs have matchday costs
Click to expand...

That's what I mean, it would be interesting to compare.

Does it show in accounts that sort of thing? There is the flat rent but then also things on matchday.
 
Reactions: oldskyblue58

better days

Well-Known Member
  • Apr 28, 2017
  • #8
If Mark Robins is given the tools and enough freedom to operate I have faith in him to make a success of next season
That's providing there is no interference from above (which I understand is what caused Tony Mowbray to walk) and he can have at least some of the proceeds from any player sales to use for player wages. Including decent win bonuses.
At League 2 level clubs rarely pay transfer fees but need to be able to pay decent wages to aspirational guys from the best teams in the National League or the best players at smaller League 1 & 2 clubs
There have been many surveys which show that the clubs finishing in the top 6 positions at the end of the season are usually those with salary bills in the top 6
So it's not a question of throwing money around as in the top two divisions but sensible use of resources
 
Reactions: Iancro

Nick

Administrator
  • Apr 28, 2017
  • #9
better days said:
So it's not a question of throwing money around as in the top two divisions but sensible use of resources
Click to expand...

Think that's one of the most important things.
 
Reactions: martcov

Liquid Gold

Well-Known Member
  • Apr 28, 2017
  • #10
oldskyblue58 said:
all clubs have matchday costs
Click to expand...
Not the one I just made up in my head
 

covcity4life

Well-Known Member
  • Apr 28, 2017
  • #11
oldskyblue58 said:
all clubs have matchday costs
Click to expand...

but do all matchday costs have clubs?

ahhhhh you still have a lot to learn my young(old) apprentice.
 
Reactions: wingy and oldskyblue58

Liquid Gold

Well-Known Member
  • Apr 28, 2017
  • #12
covcity4life said:
but do all matchday costs have clubs?

ahhhhh you still have a lot to learn my young(old) apprentice.
Click to expand...
What else can you help us with oh great covcity4life
 

covcity4life

Well-Known Member
  • Apr 28, 2017
  • #13
Liquid Gold said:
What else can you help us with oh great covcity4life
Click to expand...

ask any question my child and i will usher you in the right direction
 
Reactions: Brylowes

Brylowes

Well-Known Member
  • Apr 28, 2017
  • #14
covcity4life said:
ask any question my child and i will usher you in the right direction
Click to expand...
You can squeeze a tube of toothpaste any which way you please, you can shake it
Twist it do anything you want with it , But it always comes out in perfect stripes.

How is this so?
 
Reactions: martcov

Liquid Gold

Well-Known Member
  • Apr 28, 2017
  • #15
covcity4life said:
ask any question my child and i will usher you in the right direction
Click to expand...
Would you rather have sex with a dog and nobody knows or not have sex with a dog and everybody thinks you have?
 

Nick

Administrator
  • Apr 28, 2017
  • #16
Can this one stay at least 3/4 on topic?
 

Brylowes

Well-Known Member
  • Apr 28, 2017
  • #17
Nick said:
Can this one stay at least 3/4 on topic?
Click to expand...
Is that another question for CC4Life ?
 

covcity4life

Well-Known Member
  • Apr 28, 2017
  • #18
Liquid Gold said:
Would you rather have sex with a dog and nobody knows or not have sex with a dog and everybody thinks you have?
Click to expand...

rather do it with dog because dont want people knowing and of course any hole is a goal.

now let us get back on topic before nick gets angry.

p.s do not use toothpaste, use just water and butter and lets see how your teeth look like in 3 months.

until next time my acolytes
 
Reactions: wingy, martcov and Brylowes
R

robbiethemole

Well-Known Member
  • Apr 28, 2017
  • #19
my padawan learner, the force is strong in this one
 

chiefdave

Well-Known Member
  • Apr 28, 2017
  • #20
Isn't this chap just confirming what Fisher has stated many times in the past? That in L1 / L2 our attendances allow us to be competitive but move to the championship and that isn't the case. We know thats true as the figures have been shown many times on here - we don't need to get the bar graph out again do we?

Of course if the revenues we don't get are so insignificant I'm sure ACL won't hesitate to pass them on to the club as if they are insignificant to CCFC then surely they are even more insignificant to ACL. Even if you agree with his valuation on stadium naming rights would £200K a year really be an insignificant amount?

Do people really want Fisher to come out with a massive list of what we do and don't get every time he talks about the Ricoh or do most people have a grasp on the basic facts?
Nick said:
That's what I mean, it would be interesting to compare.
Click to expand...
Only comparison I know of is Portsmouth. They had to pay out £400K one season in ground maintenance. But then you have to factor in that zero maintenance had been done for around 10 years and the ground is 120 years old. The Ricoh should be nowhere near that as it is newer and you would assume maintenance has been done since day one.
covcity4life said:
but do all matchday costs have clubs?
Click to expand...
They do but matchday costs is used as a cover all term so even if you knew other clubs matchday costs you wouldn't be comparing like with like. Just look at the last couple of seasons, matchday costs have increased rapidly as our crowds have decreased. Does that really stack up or are ACL using it as a way to keep the headline rent figure down whilst still taking a significant amount from the club?
 
Reactions: stupot07
W

wingy

Well-Known Member
  • Apr 28, 2017
  • #21
covcity4life said:
rather do it with dog because dont want people knowing and of course any hole is a goal.

now let us get back on topic before nick gets angry.

p.s do not use toothpaste, use just water and butter and lets see how your teeth look like in 3 months.

until next time my acolytes
Click to expand...
Coconut butter!!
????
 

ajsccfc

Well-Known Member
  • Apr 28, 2017
  • #22
I'm not having some so-called know-nothing know-it-all 'expert' come around here talking about Tim Fisher making stuff up.
 
Reactions: dongonzalos
D

dongonzalos

Well-Known Member
  • Apr 29, 2017
  • #23
chiefdave said:
Isn't this chap just confirming what Fisher has stated many times in the past? That in L1 / L2 our attendances allow us to be competitive but move to the championship and that isn't the case. We know thats true as the figures have been shown many times on here - we don't need to get the bar graph out again do we?

Of course if the revenues we don't get are so insignificant I'm sure ACL won't hesitate to pass them on to the club as if they are insignificant to CCFC then surely they are even more insignificant to ACL. Even if you agree with his valuation on stadium naming rights would £200K a year really be an insignificant amount?

Do people really want Fisher to come out with a massive list of what we do and don't get every time he talks about the Ricoh or do most people have a grasp on the basic facts?

Only comparison I know of is Portsmouth. They had to pay out £400K one season in ground maintenance. But then you have to factor in that zero maintenance had been done for around 10 years and the ground is 120 years old. The Ricoh should be nowhere near that as it is newer and you would assume maintenance has been done since day one.

They do but matchday costs is used as a cover all term so even if you knew other clubs matchday costs you wouldn't be comparing like with like. Just look at the last couple of seasons, matchday costs have increased rapidly as our crowds have decreased. Does that really stack up or are ACL using it as a way to keep the headline rent figure down whilst still taking a significant amount from the club?
Click to expand...

I think the point is. It doesn't justify, moving to Northampton. Losing a huge part of your fan base.
Falling out with the council.
Attempting to distress another business.
Suing the council when that plan all went wrong.
Deciding that we have to build our own stadium ( then not be able to)

All of the above was said to be due to the lack of our access to income streams.
 
S

Steve.B50

Well-Known Member
  • Apr 29, 2017
  • #24
And poor leadership
 
Reactions: montydon87

oldskyblue58

CCFC Finance Director
  • Apr 29, 2017
  • #25
Now we might "understand" what we think fisher has meant but it isn't what he said specifically in that quote regarding season tickets. The majority of season ticket holders most probably will not be on this forum breaking down the finances. Their main source of Ccfc info comes from the club directly or indirectly. Therefore it is important they have the chance to know the facts at least once. After all they are being asked by fishers statement to buy ST s on the back of not doing so restricts the club's only income. That makes this detailed well reasoned article good and useful.

There are still plenty of people who take statements from the club at face value.

To my knowledge fisher has never given a detailed breakdown of the income sources let alone having to repeat himself. He has persisted with the simple misdirection of the club income being match tickets, a paltry 75k f&b and a little car parking money..... a misdirection repeated often by Mr reid

The article also indicates we were not at a competitive disadvantage because of the income levels. Something fisher has often claimed that we were.

some might have a handle on the Ccfc finances on this forum but does the average fan, do they want to,? Probably they don't but that's no reason for them to be misled.

I would assume that match day costs are included included in the direct costs of otium. In 2015 they were 1.5m in 2016 1.1m. Now part of the decrease would be because of the change in shop & ticket operation but I am not sure there is any indication of a significant increase of match day expenses. The associated wage costs included in direct costs changed by 10k year on year

What would be a response from fisher.... I suspect there won't be. Leave people to make their own minds up as to why silence.
 
Reactions: wingy

tisza

Well-Known Member
  • Apr 29, 2017
  • #26
We still had (and have) an advantage of the number of youth team graduates in the squad which don't count towards wage restraints in Leagues 1 and 2 ?
 
Reactions: Sky Blue Harry H

Sky Blue Harry H

Well-Known Member
  • Apr 29, 2017
  • #27
tisza said:
We still had (and have) an advantage of the number of youth team graduates in the squad which don't count towards wage restraints in Leagues 1 and 2 ?
Click to expand...

Good point sir
 
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