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MarinerDevil |
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Staggering that it takes over £2m in player sales and share issues to fund a lower-midtable L1 team. And that's at a club with good attendances and a well-run commercial operation. Makes you wonder how we could ever be self-sustainable in L1 like our owners envisage.
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golfer |
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As you say you eventually find your level and we have I think - Lower L1, as with those others you mention. Yes our ground is good now, and the pitch is immaculate. Definitely infrastructure is good - We just need a goal scorer!
We have an abundance - do you want to borrow one ?
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HertsGTFC |
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I would be very concerned if losses were covered by funding but they were still posted as loses. “Funding” does not fix the root cause of a loss it’s just putting a plaster on it isn’t it?
I also don’t get why people would invest in a loss maker unless there is a clear plan to take them into the black which judging by the fact we’ve picked up 2 of their back room staff there appears to be.
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| "Crombie you would have got to that if you weren't such a fat ba%$@rd" - George Kerr, inspiration from the dug out 70s style |
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golfer |
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Last sentence doesn't make sense.
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HerveJosse |
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I would be very concerned if losses were covered by funding but they were still posted as loses. “Funding” does not fix the root cause of a loss it’s just putting a plaster on it isn’t it?
I also don’t get why people would invest in a loss maker unless there is a clear plan to take them into the black which judging by the fact we’ve picked up 2 of their back room staff there appears to be.
Jeff Bezos is grateful for your advice but he prefers being richest person on Earth
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HertsGTFC |
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Jeff Bezos is grateful for your advice but he prefers being richest person on Earth
F**k off moron.
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| "Crombie you would have got to that if you weren't such a fat ba%$@rd" - George Kerr, inspiration from the dug out 70s style |
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HerveJosse |
January 19, 2023, 10:36am |
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F**k off moron.
I think a red cross would have been more subtle
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nealeardleyscrossing |
January 19, 2023, 11:05am |
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Thank you.
Wasn't a veiled question or even trying to take a pop, just struggling to see why they would invest. My initial thought was around ground sale but I seem to think they favour redevelopment rather than anything else, including the potential for a new ground in the Western Growth Corridor?
Like Blundell Park, I can't imagine the land Sincil Bank sits on is that valuable either? Although probably worth more due to it's relative proximity to the city centre but otherwise quite hemmed in.
Yes the new ground on the Western Growth corridor has been suggested for a while, seen drawings etc, but I think they are staying put now - The ground is better, better advertising (Electronic boards etc), more corporate things generating cash, and obviously the Stacey West expansion - though that has a lot of community emphasis on it with classrooms etc. I agree not particularly valuable I would have thought, but 5 minute walk from the City Centre/ Waterfront would be advantageous. As I said we have a good ground at this level, good training facilities, great pitch etc - But I personally think Mid table L1 with the odd play off flirt is where we are. We just need the team to catch up a bit, and be a bit lucky with cup draws etc.
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nealeardleyscrossing |
January 19, 2023, 11:10am |
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2.2, 0.9, 1.4 and now 2 million. Sounds like a Scunny trajectory
I personally don't think we could further from a Scunthorpe trajectory. Want to play in L1 you generally lose money - We will get further investment this summer from the Americans - These are in the form of shares, not loans, not with the ground as collateral etc. You'd probably like us to go the way of Scunthorpe, but I have seen enough posts on here from you to know what sort of poster you are.
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IlkleyMariner |
January 19, 2023, 11:19am |
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Alot of clubs in a lower bracket though Fleetwood, FG, Morcambe, Burton, Shrewsbury, Accy Wycombe; I know alot of them are rattling round the bottom at the moment but they survived and better in previous seasons. Mind I don't know what cash is being put into these clubs to keep them going at L1 level
You've a better ground than us and with the away end at SB being expanded you'll get a bit more revenue from the likes of Wednesday. If Lincoln struggle to survive, it would be haarder for us with our effective capacity at about 8.4k and only 1200 for away fans.
Can only see struggling times ahead for us if we were to get promoted. We maybe have to accept that we have found our true level.
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