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Another nice positive article in the CT (1 Viewer)

  • Thread starter chiefdave
  • Start date May 21, 2016
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Nick

Administrator
  • May 21, 2016
  • #36
chiefdave said:
Didn't someone go through all the clubs and ours are still on of the cheapest?
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Think we're up there still
 

chiefdave

Well-Known Member
  • May 21, 2016
  • #37
sticker said:
£25000 i believe, not a great deal for the money received mind from our previous sales
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sticker said:
as with all of Sisu;s dealings, its undisclosed so we will never know, £300k from Charlton so you are nearer the mark
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So where did you get £25K from?
 
Reactions: eggwold1970

SkyBlue_Bear83

Well-Known Member
  • May 21, 2016
  • #38
stupot07 said:
Hes just tweeted we only pay 40% of our turnover on wages, his the hell he knows I'll never know, the last accounts 14/15 say our turnover was around £4.7m and staffing costs were £5m.

Sent from my SM-G930F using Tapatalk
Click to expand...
I'm thinking he's basing that on the other day it was predicted our turnover for the coming season would be £5-5.5 million. Yet we've been told our budget will be the same which will be £2-2.5 million.

So rather than being in the know he's just drawing conclusion from the number that have been reported.
 

chiefdave

Well-Known Member
  • May 21, 2016
  • #39
CCFC said:
I'm thinking he's basing that on the other day it was predicted our turnover for the coming season would be £5-5.5 million. Yet we've been told our budget will be the same which will be £2-2.5 million.
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But he's gone from that to saying that SISU are taking millions out. Someone needs to tell him turnover and profit aren't the same.
 

SkyBlue_Bear83

Well-Known Member
  • May 21, 2016
  • #40
chiefdave said:
But he's gone from that to saying that SISU are taking millions out. Someone needs to tell him turnover and profit aren't the same.
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Yea wasn't commenting on that, just responding about his tweet about only 40% of income being spent.
 
S

sticker

Member
  • May 21, 2016
  • #41
chiefdave said:
So where did you get £25K from?
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heard it when we got him on loan with the option to buy him, didnt bother checking it out, as he was from Dagenham and Redbridge i didnt expect it to be £300k
 

stupot07

Well-Known Member
  • May 21, 2016
  • #42
CCFC said:
I'm thinking he's basing that on the other day it was predicted our turnover for the coming season would be £5-5.5 million. Yet we've been told our budget will be the same which will be £2-2.5 million.

So rather than being in the know he's just drawing conclusion from the number that have been reported.
Click to expand...

chiefdave said:
But he's gone from that to saying that SISU are taking millions out. Someone needs to tell him turnover and profit aren't the same.
Click to expand...

Plus the £2-2.5m in my mind was just the playing budget, theres a lot more wages to be paid, stewards, manager and coaching staff, medical staff, groundsman at Ricoh, tea lady, backroom staff, etc, before you look at all the other stuff.

Sent from my SM-G930F using Tapatalk
 

chiefdave

Well-Known Member
  • May 21, 2016
  • #43
stupot07 said:
Plus the £2-2.5m in my mind was just the playing budget, theres a lot more wages to be paid, stewards, manager and coaching staff, medical staff, groundsman at Ricoh, tea lady, backroom staff, etc, before you look at all the other stuff.
Click to expand...

Exactly, he could be right to say 40% is the player budget without it meaning the club is not being run as self sustaining and someone is taking money out.
 

SkyBlue_Bear83

Well-Known Member
  • May 21, 2016
  • #44
stupot07 said:
Plus the £2-2.5m in my mind was just the playing budget, theres a lot more wages to be paid, stewards, manager and coaching staff, medical staff, groundsman at Ricoh, tea lady, backroom staff, etc, before you look at all the other stuff.

Sent from my SM-G930F using Tapatalk
Click to expand...
You're right, I'm just speculating at where he could have got the 40% figure and my guess is that is what he is basing it on
 
Reactions: stupot07

chiefdave

Well-Known Member
  • May 21, 2016
  • #45
 
Reactions: trondegilsoltvedt97

Nick

Administrator
  • May 21, 2016
  • #46
chiefdave said:
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Oh dear, I think that's why people don't like places like here. Because people don't just believe the shite all the time.
 
T

trondegilsoltvedt97

Active Member
  • May 21, 2016
  • #47
Poorly written and researched. Clearly 'Juggy' doesnt remember the transfers of McKenzie and Eastwood in, as well as Jones. Wasn't Deegan released, and Jordan Clarke/Daniels too?
However, it's been lapped up on the Telegraph Facebook page, and will produce lots of clicks for the website.

Jim Brown I think has greatest grasp on facts that Juggy, but that wouldn't be as popular a story...
 

Winny the Bish

Well-Known Member
  • May 21, 2016
  • #48
This is atrociously written, with cherry-picked numbers and is a rant rather than an opinion. No self-respecting editor would actually allow something like this on their website.
 
Reactions: covcity4life and torchomatic

Nick

Administrator
  • May 21, 2016
  • #49
trondegilsoltvedt97 said:
Poorly written and researched. Clearly 'Juggy' doesnt remember the transfers of McKenzie and Eastwood in, as well as Jones. Wasn't Deegan released, and Jordan Clarke/Daniels too?
However, it's been lapped up on the Telegraph Facebook page, and will produce lots of clicks for the website.

Jim Brown I think has greatest grasp on facts that Juggy, but that wouldn't be as popular a story...
Click to expand...
He was saying since league one I think, we got a fee for Clarke
 
T

trondegilsoltvedt97

Active Member
  • May 21, 2016
  • #50
Nick said:
He was saying since league one I think, we got a fee for Clarke
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To be fair, you're right there. Point still stands on rest of it though!
 

Nick

Administrator
  • May 21, 2016
  • #51
It's just a shame this will be taken as fact as usual
 
O

oldfiver

Well-Known Member
  • May 21, 2016
  • #52
stupot07 said:
Hes just tweeted we only pay 40% of our turnover on wages, his the hell he knows I'll never know, the last accounts 14/15 say our turnover was around £4.7m and staffing costs were £5m.

Sent from my SM-G930F using Tapatalk
Click to expand...

The 40% is on players wages - I think CA quoted it somewhere
 
O

oldfiver

Well-Known Member
  • May 21, 2016
  • #53
chiefdave said:
I don't hate the CT for a start, just wish they would support our club. And its not like we have numerous options as far as local media goes.
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WASPS / JLR ? pay more for advertising?
 

letsallsingtogether

Well-Known Member
  • May 21, 2016
  • #54
Nick said:
It's just a shame this will be taken as fact as usual
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Has anyone disproved it though people are asking for proof yet give none themself.
I for one don't give a fuck it will all come out one day, one way or the other. .
 

chiefdave

Well-Known Member
  • May 21, 2016
  • #55
letsallsingtogether said:
Has anyone disproved it though people are asking for proof yet give none themself.
I for one don't give a fuck it will all come out one day, one way or the other. .
Click to expand...

The club is running at a loss, SISU had to put more money in this season to cover the shortfall and also Maddison had to be sold. How do you get from there to SISU taking out millions?
 
D

dongonzalos

Well-Known Member
  • May 21, 2016
  • #56
Nick said:
If it's full of errors and incorrect facts, then yes
Click to expand...

But it's a bloke writing in isn't it
Bit an official journalist doing a report?
 

chiefdave

Well-Known Member
  • May 21, 2016
  • #57
dongonzalos said:
But it's a bloke writing in isn't it
Bit an official journalist doing a report?
Click to expand...
But where do you draw the line? Could I have a piece about the EDL march today saying 5,000 of them turned up all dressed up as Hitler goose-stepping around town?
 
D

dongonzalos

Well-Known Member
  • May 21, 2016
  • #58
chiefdave said:
So where did you get £25K from?
Click to expand...
Did he just miss a 0?
 
D

dongonzalos

Well-Known Member
  • May 21, 2016
  • #59
chiefdave said:
But where do you draw the line? Could I have a piece about the EDL march today saying 5,000 of them turned up all dressed up as Hitler goose-stepping around town?
Click to expand...

Is his point that far fetched?
I read a lot of the letters in the telegraph and quite a few u disagree over what I feel are inaccuracies.
I would totally get your point if Simon Gilbert wrote it. However isn't this just his opinion?
 

chiefdave

Well-Known Member
  • May 21, 2016
  • #60
dongonzalos said:
Is his point that far fetched?
Click to expand...

In a word yes! We have a club losing millions and he's saying there's loads of money left over every season that the owners are taking out.
 
D

dongonzalos

Well-Known Member
  • May 21, 2016
  • #61
chiefdave said:
The club is running at a loss, SISU had to put more money in this season to cover the shortfall and also Maddison had to be sold. How do you get from there to SISU taking out millions?
Click to expand...

I don't agree with the article let me get that straight.
However they put in 750k which was paid back very quickly via the sale of Maddison. Maddison was not sold for 750k
Maddison's money is to go to future season yet our transfer budget is the same and ticket prices have gone up in order to sort out the void from last season's mistake regarding the break even figure?
 

Nick

Administrator
  • May 21, 2016
  • #62
dongonzalos said:
I don't agree with the article let me get that straight.
However they put in 750k which was paid back very quickly via the sale of Maddison. Maddison was not sold for 750k
Maddison's money is to go to future season yet our transfer budget is the same and ticket prices have gone up in order to sort out the void from last season's mistake regarding the break even figure?
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Only a little bit was paid back wasnt it?
 
D

dongonzalos

Well-Known Member
  • May 21, 2016
  • #63
Nick said:
Only a little bit was paid back wasnt it?
Click to expand...

Oh, I thought it was the lot?
So has all the Maddision money got to go on paying back the loan?
I thought the loan was only £750,000?
 

Nick

Administrator
  • May 21, 2016
  • #64
dongonzalos said:
Oh, I thought it was the lot?
So has all the Maddision money got to go on paying back the loan?
I thought the loan was only £750,000?
Click to expand...
Yeah but didn't they only pay back a bit?
 

Rusty Trombone

Well-Known Member
  • May 21, 2016
  • #65
Nick said:
Yeah but didn't they only pay back a bit?
Click to expand...

According to the notes to the May 15 accounts they put in £780k, and had £250k back sometime before end of Feb 16 which was when the accounts were signed.
 
Reactions: stupot07 and Nick

Nick

Administrator
  • May 21, 2016
  • #66
Rusty Trombone said:
According to the notes to the May 15 accounts they put in £780k, and had £250k back sometime before end of Feb 16 which was when the accounts were signed.
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That's the one
 
D

dongonzalos

Well-Known Member
  • May 21, 2016
  • #67
Nick said:
That's the one
Click to expand...

Ah ok so effectively they put in let's say an extra 800k
Another 550k is still outstanding
Season ticket prices have gone up in order to cover the mistake made made last season.
So unles the increase in season ticket sales doesn't cover it. Are we saying we only got 800k before add ons for Maddison?
 

Nick

Administrator
  • May 21, 2016
  • #68
dongonzalos said:
Ah ok so effectively they put in let's say an extra 800k
Another 550k is still outstanding
Season ticket prices have gone up in order to cover the mistake made made last season.
So unles the increase in season ticket sales doesn't cover it. Are we saying we only got 800k before add ons for Maddison?
Click to expand...
Where's that come from?
 

Grendel

Well-Known Member
  • May 21, 2016
  • #69
Nick said:
Where's that come from?
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Why bother?
 
D

dongonzalos

Well-Known Member
  • May 22, 2016
  • #70
Nick said:
Where's that come from?
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Am I missing something or are
Nick said:
Where's that come from?
Click to expand...

Maybe I am completely misunderstanding everything?
However I am under the impression we borrowed around 750 k due to the error over the break even point.
If we paid back 250k.
We still owe around 500k.
Pay back 250k
Owe 500k
Increase ticket prices for next season to rectify the mistake.
Budget the same this session as last season
Did we only get 750-800k for Maddison?
Does that make sense or have I lost the plot?
 
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