Tim Fisher On Appointing A New ManagerCoventry City Chairman Tim Fisher has said that the Sky Blues will be appointing a new manager well before the season ends.
The Sky Blues have placed Neil MacFarlane and Dave Hockday, who, Mr Fisher said in a conference call to members of the Coventry City Supporters Consultative Group, 'was employed to bring football league experience to the managerial team and as U21 development manager, to bridge the gap between the academy and the first team', in charge and that the club's stated aim was to appoint a new manager well before the end of the season.
Mr Fisher also said that the dismissal of Steven Pressley would not be affecting the monthly cash flow as it had been factored in.
Fisher Wants City Supporters To Back To Supporting The TeamCoventry City Chairman Tim Fisher has urged City supporters to back the team following the dismissal of Steven Pressley.
The club has been hampered with its finances due to low attendances for home games, meaning that the club has one of the lowest incomes of any club in League One and playing at the Ricoh Arena has resulted in stadium revenue being virtually non existent, despite the club having a top six budget in League One and paying upper quartile wages (average £125k vs the highest average at £196K and the lowest at £46k average)
Speaking in a conference call to the Coventry City Supporters Consultative Group, Mr Fisher said he now wanted support for the team and the match day walk up support was key.
Coached 7 years at Watford and 2 years at Southampton between 2000-2009 before he became a non league manager. Also included very short spells coaching at MK Dons, Cheltenham and LeicesterHockaday ... "was employed to bring football league experience to the managerial team and as U21 development manager"
What League experience?, he only has Non League, his Leeds tenure was nothing wasn't it?
His finances are only picking up the pieces from the exile in Northampton, it's his own fucking fault. The guy is such a doughnut.
so we have one of the biggest SCMP budgets in L1 but one of the smallest turnovers ........ remind again how SCMP is calculated. Waggott said this morning that the player budget was originally 2.6m but had been increased from that.
Average player cost £125k pa ? really? that's 2400pw in L1 ....... assuming that the youngsters wont be on anything like that and the loans are not an annual charge but for shorter period that must mean in a squad of 30 there are 10 or so players earning frankly too much for what they are producing
Coventry City had had notched-up only one league win this calendar year despite the fact that we had a top 6 budget in League One, we paid upper quartile wages (average £125k vs the highest average at £196K and the lowest at £46k average) but we were in the bottom four in the league.
Interesting that the budget is really all the fault of the fans not supporting their team ......... couldn't be anything to do with the actions of Fisher/Waggott or SISU or the dire product the club puts out :facepalm::thinking about:
But hey ho we are still cash flow positive .......... just not quite sure how after what Fisher has said though.......
Turnover definition
Under the SCMP rules, the definition of 'Turnover' is particularly important as Turnover is used to determine the maximum wage-spend. Within a traditional accounting perspective, there are usually only three elements of turnover:
However the Football League use a is broader definition of Turnover. Crucially, the FL Turnover figure includes donations from the owners to the club and injections of equity. Loans from club owners are understandably not included in the Turnover figure as these would result in growing club debts. up club debts. In League 1 and League 2, a wealthy owner can therefore fund the club spending in a way that is not permitted in other divisions. Manchester City and Leicester for example seem set for punishment for their excessive losses (from UEFA and the Championship respectively) despite the fact that the owners have injected hard cash into the club to finance the spending.
- Match-day Income
- Commercial Income (such as sponsorship)
- TV revenue (and any 'merit payments' based on league position)
Profit on player sales
Any profit made on player sales is included withinTurnover on a cash basis when the instalments are received.
...if they file them on timeThe Otium accounts are due on the 28th of this month should make for interesting reading
so we have one of the biggest SCMP budgets in L1 but one of the smallest turnovers ........ remind again how SCMP is calculated. Waggott said this morning that the player budget was originally 2.6m but had been increased from that.
Average player cost £125k pa ? really? that's 2400pw in L1 ....... assuming that the youngsters wont be on anything like that and the loans are not an annual charge but for shorter period that must mean in a squad of 30 there are 10 or so players earning frankly too much for what they are producing
Coventry City had had notched-up only one league win this calendar year despite the fact that we had a top 6 budget in League One, we paid upper quartile wages (average £125k vs the highest average at £196K and the lowest at £46k average) but we were in the bottom four in the league.
Interesting that the budget is really all the fault of the fans not supporting their team ......... couldn't be anything to do with the actions of Fisher/Waggott or SISU or the dire product the club puts out :facepalm::thinking about:
But hey ho we are still cash flow positive .......... just not quite sure how after what Fisher has said though.......
Does Fisher pay for his own ticket no, so how can he ask fans to?
If not wouldn't that be a benefit in kind and taxable? But is describing a free season ticket for Coventry a benefit stretching the point somewhat?
I think a free season ticket comes with most jobs at the club still I guess it boosts the numbers! Yes it must be a bik but I am sure he can pay a little bit of tax on his massive salary.
In relation to the highlighted comment OSB - I know for a fact 100% true Burton Albion's highest paid player is on 2K P/W but he dropped down from league one in the summer... they also have a player on loan on 1,700 P/w but they are on loan from a premier league side and pay a percentage of the wages, so it might be possible some are on 2.4k PW at the club.
He's not questioning that we have players being paid 2.4k a week, he's questioning that being our average especially when you remember that average is brought down significantly by the kids meaning the amount we are paying the rest of the squad is significantly higher. Either we are seriously overpaying for most of our squad or Fisher isn't telling the truth (again).
I think that you could probably make the case that as the CEO you need to be able to watch the team perform to complete your duties properly - ditto manager, coach etc.
As above, whether you could rightfully describe watching CCFC as a benefit anyway is debateable; has anyone applied for a tax rebate on their season ticket yet? If I had one I'd be tempted to claim it as a charitable donation.
This all a bit tongue in cheek really but it is easy for him to say come and watch the team.
He's not questioning that we have players being paid 2.4k a week, he's questioning that being our average especially when you remember that average is brought down significantly by the kids meaning the amount we are paying the rest of the squad is significantly higher. Either we are seriously overpaying for most of our squad or Fisher isn't telling the truth (again).
The club sits in it's lowest position for 50 years, We have lost our ground to a franchise rugby team, ticket prices are not good value, there is no merchandise to improve income, no marketing, few players that care about our demise, stadium whenever still spouted and a host of pointless court cases still to fund and with that hanging In the air Tim Fisher states the obvious that the club needs more fans and expects them to come trotting meekly from all areas of the Midlands cash in hand.
1, Sack Fisher
2, Sack Waggot
3, Employ ambitious and attack minded manager who knows the lower leagues
4, Abandon Court action
5, Shelve stadium La La Land
6, Apologise to Fans for Northampton
7, Engage positively with Wasps
8, Employ professional Marketing manager
9, Re-unite club shop and home match venue
Meet all those requirements Ms Seppalla or sell the club
Maybe if they spent less money in court, the finances of the club would be healthier don't you think Mr Fisher.
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