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Poojah |
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Jason said in his most recent interview that Andrew and him have both just put another 250K each in again recently (I assume this on top of the same amount they added in the summer, but don't know for sure) and he said we are still going to make a loss this year. So it sounds like the extra season ticket sales, cup runs and McAtee money hasn't gone as far as some would imagine.
I haven’t heard the interview, but I’ve heard references to him have alluded to the above. It just seems a little bit odd. Gates, the club’s primary source of income, are up around 45% and whilst I have no doubt that player wage expectations are higher than they were two or three seasons ago, you’d imagine increases in TV and advertising money would largely offset this. I have no doubt that the current squad and back room set-up is considerably more expensive than the equivalent Fenty’-era alternative, but it surprises me that it is apparently so much so that the club is effectively loss-making despite the financial crest of a wave we find ourselves on. Perhaps I simply underestimate the costs of upgraded club / staff infrastructure.
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aldi_01 |
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I haven’t heard the interview, but I’ve heard references to him have alluded to the above. It just seems a little bit odd. Gates, the club’s primary source of income, are up around 45% and whilst I have no doubt that player wage expectations are higher than they were two or three seasons ago, you’d imagine increases in TV and advertising money would largely offset this.
I have no doubt that the current squad and back room set-up is considerably more expensive than the equivalent Fenty’-era alternative, but it surprises me that it is apparently so much so that the club is effectively loss-making despite the financial crest of a wave we find ourselves on.
Perhaps I simply underestimate the costs of upgraded club / staff infrastructure.
I think it’s very much the latter and I suspect that loss is being generated because of the necessary need for investment in areas most clubs invested in yonks ago.
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TownSNAFU5 |
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In less than a week we could be in the fourth round of the FAC. Another chance to be drawn against a top team and make a lot of money. This would be the first time in the 4th round for 20 years I think).
A win next Sat would mean another re-evaluation of our season.
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forza ivano |
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Just waiting for Denni to come on here or the Just Back thread to put us right! his silence on good days is deafening
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Roast Em Bobby |
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I haven’t heard the interview, but I’ve heard references to him have alluded to the above. It just seems a little bit odd. Gates, the club’s primary source of income, are up around 45% and whilst I have no doubt that player wage expectations are higher than they were two or three seasons ago, you’d imagine increases in TV and advertising money would largely offset this.
I have no doubt that the current squad and back room set-up is considerably more expensive than the equivalent Fenty’-era alternative, but it surprises me that it is apparently so much so that the club is effectively loss-making despite the financial crest of a wave we find ourselves on.
Perhaps I simply underestimate the costs of upgraded club / staff infrastructure.
Probably the latter, plus we also re-signed or signed something like 13 players (all I'm assuming on more than what we were paying many of the same players last year), and we paid £100K for Hunt, and maybe something for Green as well?
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HertsGTFC |
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First and foremost after a disastrous relegation we’re back in the EFL it would have been hell trying to get out this time. Also we effectively need 20 points from the 69 available to stay here.
I don’t know what the details are but we have new owners who know how to organise an organisation and understand that this club is not about one individual.
We are building in the background so we have experience & expertise working in areas where it’s required.
Once JSF is dealt with I’m 100% confident that AP & JS will attract other investors who will help us take the next steps on the pitch.
In terms of on the pitch despite what the the anti anyone from Yorkshire mafia might think we have a manager who knows what he’s doing and has many more tools to do it than he’s done before.
The squad is ok but will need strengthening including at least 1 credible striker but the core for the first time in ages will start next season with us and some beyond that.
We won’t get promoted this season but we’re in a stronger position now than I think we’ve been in over a decade.
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RonMariner |
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We may not have got the cash for McAtee up front. The second installment of £500k was due yesterday but you would expect the Pollock, Grist, Dembele and McAtee money has taken care of most of the loan. Anything that was due must have been minimal so I think we can comfortably assume he's paid off now.
I’m pretty sure Jason said that Fenty has been paid off in full early. The transfer fees plus the first scheduled payment of 500k paid off the vast majority of the 1.5m loans and so Jason paid the balance off in the summer I believe.
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MarinerDevil |
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I’m pretty sure Jason said that Fenty has been paid off in full early. The transfer fees plus the first scheduled payment of 500k paid off the vast majority of the 1.5m loans and so Jason paid the balance off in the summer I believe.
Yes, Jason said in the summer that they'd decided to clear the historical debt early. The confirmation statement filed in November, however, showed no new share issue since March 2021. So I can only assume they replaced it with another loan? I'm no accountant, so that's one to ask at the fans forum perhaps.
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immariner |
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I haven’t heard the interview, but I’ve heard references to him have alluded to the above. It just seems a little bit odd. Gates, the club’s primary source of income, are up around 45%
Some rough figures: total attendances are up around 15%, with home support up around 800 supporters per game. This increase is tempered by the vast majority paying £14/£15 per game. We had around 2000 walk ups last year paying full price, this year we average about 400. Last season we had 62% of supporters paying 72% of the entrance fee (season ticket holders) and 38% paying full price (walk ups). This year we have 92% paying 72% of the entrance fee with only 8% paying full price. Away support at Blundell Park has increased by about 130 on average or around 40% Edit: my stats are shite. With ST no-shows, walk ups are probably closer to 1000 on average per game. So sold seats might be closer to 25% up, not 15%
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DB |
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Some rough figures: total attendances are up around 15%, with home support up around 800 supporters per game. This increase is tempered by the vast majority paying £14/£15 per game. We had around 2000 walk ups last year paying full price, this year we average about 400. Last season we had 62% of supporters paying 72% of the entrance fee (season ticket holders) and 38% paying full price (walk ups). This year we have 92% paying 72% of the entrance fee with only 8% paying full price. Away support at Blundell Park has increased by about 130 on average or around 40%
Am I right to assume what you are saying is that although the sale of ST's increased the revenue didn't? That the reality of your estimation is that the attendance income is more or less the same as last year despite the increase in attendance.
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