So you say we should have been paying less wages?
Do you think there is a correlation between wages and league position?
I'm going with yes.
Purely down to the 1.2 million per year rent, is 100k per month.
10,000(average attendance) x £18 (average price) = £180,000 x 23 = £4,140,000 per season in gate receipts.
So the rent is just 29% of the gate receipts.
Then say our average wage was 2,000 PW last season for the first team (of 18 players) : £1,872,000 per year (if players get payed for a full year, not sure what happens on close season?)
So the Gate Receipts minus the rent = £2,940,000. Then minus wages equals £1,068,000 left over.
I'm not an accountant nor a mathematician, but without including sponsorship, merchandise, FA CUP/League Cup games etc, (then taking off matchday costs etc), I make that a profit of £1,068,000?
So you are saying sisu invested hugely in the playing squad compared to our competitors? And that's a bad thing, yes?
JUST 29%. Mate your an idiot or on the piss or a WUM. I can gaurentee with possibly two exceptions that would be by far the highest percentage of any club in England - and you think its ok!!!!!
Manchester city pay less than 3%.
I'm saying from a variety of revenues the club spunked away millions per annum on useless managers who bought and played useless underperforming players yes. Compared to our main competitors, I'm not sure how the spend totted up but right from the start in 2007 the club should have been run with a manager more like it has this season and started to rebuild using a blend of youth and experience.
When did I say it was okay? I was just saying it's 29% of our gate receipt revenue?
Anyone who discovered that fact would literally fall off their chair. No business could survive with such a high %
his first wife. His daughter works on the tour now and she is fit as well - must take after the mothers side!Who was the fit bird in the kayleigh video duffy?
Still wouldn't work with £1.5 million rent with matchday costs would it?
his first wife. His daughter works on the tour now and she is fit as well - must take after the mothers side!
JUST 29%. Mate your an idiot or on the piss or a WUM. I can gaurentee with possibly two exceptions that would be by far the highest percentage of any club in England - and you think its ok!!!!!
Manchester city pay less than 3%.
I'm saying from a variety of revenues the club spunked away millions per annum on useless managers who bought and played useless underperforming players yes. Compared to our main competitors, I'm not sure how the spend totted up but right from the start in 2007 the club should have been run with a manager more like it has this season and started to rebuild using a blend of youth and experience.
She's a proper stunner. If anyone is wondering what we're on about take a look.
Ive never seen a picture of fish's daughter.
So the average Manchester City ticket price is over £100? Didn't know that nvery interesting
So the average Manchester City ticket price is over £100? Didn't know that nvery interesting
Either way, Man City gate receipts will be around 2.4 million PER GAME as a price of £50 per ticket.
That's £54 Million per season on Premiership games
Total revenue? I give up I'm surrounded by idiots
Total revenue? I give up I'm surrounded by idiots
The original post said our total gate receipts were? and the %age that the rent of this was?
You quoted Man City %age was less than 3%
Man city rent 3million per year you work it out
So £10 x 10,000 x 25 equals £2.5M
minus rent at £400K minus players wages at £2M equals a profit of £100K ?
oops ...... forgot the £1M+ management fee which takes us into a loss.
Sisu ..... even you know the Ricoh is cheaper to rent.
Total revenue would surely be even more ridiculous? If they're revenue of 50Mill for just gate receipts?
I think Grendels account has been hacked, he's normally more constructive and calculating than this :thinking about:
Sorry? In sure I read somewhere that their turnover was £400 million?
Sorry? In sure I read somewhere that their turnover was £400 million?
Not going to comment on Mr Ranson, but you'd have thought the first thing they would have done would have been to get the rent down if nothing else. That would have been the first logical thing to do for me, especially if you're taking over a basket case like our club - reduce fixed overheads as much as possible.If not ACL they should have definitely had a look at the rent and the financial impact. It is obvious what there tactic was when they came in, just poorly executed, it's what happens when you employ Ray Ranson.
Not going to comment on Mr Ranson, but you'd have thought the first thing they would have done would have been to get the rent down if nothing else. That would have been the first logical thing to do for me, especially if you're taking over a basket case like our club - reduce fixed overheads as much as possible.
I think it was Dave Whelan at JJB sports (or one of his senior employees) who had the idea to increase the overall floorspace in his shops by adding a mezzanine. This meant that where they couldn't reduce the overheads directly they had increased floorspace without the need to move to a larger unit with the equivalent floor space - brilliant idea. At a push you could argue that that is what SISU are hoping to achieve with the modular aspects of the new stadium, but it would be a very very big pushIf not ACL they should have definitely had a look at the rent and the financial impact. It is obvious what there tactic was when they came in, just poorly executed, it's what happens when you employ Ray Ranson.
Not going to comment on Mr Ranson, but you'd have thought the first thing they would have done would have been to get the rent down if nothing else. That would have been the first logical thing to do for me, especially if you're taking over a basket case like our club - reduce fixed overheads as much as possible.
Rent, wage bill, policing costs, management and directors fees, matchday costs, interest charges..................all of it !! They didn't, they were incompetent and culpable and grossly negligent ! They were taken in by a number of self interested individuals who all profited and exited the scene better off, they then picked on one of numerous named overspends and the rest is history.................
Without trying to bait an almighty thread of differences and arguments, please base this on the previous rental agreement with ACL.
So you say we should have been paying less wages?
Do you think there is a correlation between wages and league position?
So you say we should have been paying less wages?
Do you think there is a correlation between wages and league position?
Are you saying we should have been paying less wages?
I certainly do. We could have had players that were just as good or even better on lower wages. We might even have got the same players on lower wages. If you want to say that isn't the case then how did clubs with a lower wage bill finish above us? And don't blame it all on our managers.
The best thing you can do is spend to your income. Not stretch your credit to your income. You then can put away your excess income and use it when needed. If we had excess income now we could have used it to bring in a striker. But because we have excessive debts the money that we had come in went elsewhere to where we needed. And before you spout crap about me having a go at SISU I will say I am not. It is all about securing the future of our club. We are in the shite because nobody looked after the finances at our club for many years. And each time someone took over they did an even worse job than the last one.
I am now in my 40's. I have 7 kids. 4 are now adults and I have a 12, 5 and 4 year old. Kids cost money. Yet I am retiring in 14 years and 2 months. My house is paid for. My cars are paid for. They may be older than average but they are mine. I don't have any loans. I pay my credit card off every month. I work with lads that have a six figure mortgage, loans on things like a nice new car, credit card debts yet they still spend 5k or more on a holiday. We will spend about 2k to 3k on a holiday. Not as exotic as most but we will still have a good time. The other lads look much better off than me. But there will come a time where they have to pay for everything. Will that be when I put my feet up and stop working?
Remember Yeovil last season? Low crowds to us. Much lower wage bill. They still managed to get promoted living within their means. The clubs with a wage bill of more than their income have been left with debt and nothing to show for it. Just like what has been happening to our club for 20 years or more. SISU have done a very good job by reducing our wage bill whilst still keeping us competitive. The only problem is that because of our debts and much reduced income by being in Northampton we didn't spend on a striker when it was important. I see the end of the season being a hard slog to stay out of a relegation battle now. We are going to pay the price once more for many years of mismanagement by different owners.
Do you see it any differently Grendull?
So Thorn was a shit scout as well as manager then?
Finally some agreement.
Are you saying he decided how much players should be paid and how long their contracts should be?
JUST 29%. Mate your an idiot or on the piss or a WUM. I can gaurentee with possibly two exceptions that would be by far the highest percentage of any club in England - and you think its ok!!!!!
Manchester city pay less than 3%.
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