Town in Profit!

Quoted from grimps

The thing is if we can discover a Bennett every couple of years we'll never have to worry .thats why we need a decent youth set up

This:

Quoted from grimps

The thing is if we can discover a Bennett every couple of years we'll never have to worry .thats why we need a decent youth set up

So making a loss one season of 900k and then the next season making a profit of 150k due to discovering a "bennett" means we never have to worry??? We would have to find more than one Bennett every couple of seasons to never have to worry.

Anyway I agree with Aaron for a change, the accounts do look more positive this season, even if you take the player sales and profit out of it. We have gone from a nearly 1 million loss to only losing around half that, despite paying off several players contracts in the last financial year. Next seasons should look better again with a smaller squad, only Makofo paid off so far ( and he won't have been on much) and hopefully improved gate receipts. Ok we may not make a profit next year but it should be under half a mill loss.

As for it still being a loss and therefore being bad, what do people expect? Us to go from losing a million to making a profit despite having a competitve budget? We are nearly always going to make a loss in this division unless we either sell players for substantial sums or have a very low playing budget which will almost mean no hope of promotion.

So reducing the loss each season is a positive even if it is still a loss.

Can't see the accounts but what has been published is just the profit and loss?
You would need to seen the full balance sheet to get a full picture of the accounts which not sure if showing.

Oh and Aaron making a profit is good but not every business always wishes to make a profit.

Quoted from NorthLeedsMariner

Such a shame we never do any good in the FA cup since relegation. Even getting to R2 would generate £80 - 100k depending on fixtures and prize money.

But we DID reach the 2nd round last year !  
We even beat League opposition on the way(including a slice of their home gate receipts pre-replay) and seem to remember Scott said it was one of his best (if not the best) achievements ?

"The operating losses without net player trading were £564,000 which were made worse as a result of low revenues from cup competitions."

Yes we were gutted losing to Salisbury but sorry, if people are seriously expecting us to reach the 3rd round proper every year (in which case why are we resting anyone ?) or even go all the way in the Trophy then there's a problem of budgeting and expectations IMO.

Obviously there are potentially turbulent times ahead (depending on what happens) but just because there's a big juicy carrot of dosh on offer (albeit not a majority chunk of the losses pie) it shouldn't mean we ever act all disappointed if we don't get it.

Sorry to bring up the uncomfortable facts here but being approx £500K worse off from being in the BSP might have something to do with it.
If or when we get promoted, would like to think we won't necessarily assume we've got to spend more and more money on players wages.
Would actually like us to consider a "consolidation" year where costs are cut even further to give younger players(who knows it might give us more chance of finding more Bennett's) more opportunities with the main focus being to avoid the drop (at least for the very first year).
Let's just hope we have that choice to make...

I am getting a bit confused here,

Everybody seems to agree with arron.

80s with your points raised above moving to league 2 would not make a massive difference unless the away support increases. Which was always how town survived in past with the likes of the Yorkshire clubs bringing good local away crowds.

Couple with the new management duo of buying players who have the potential to put under contract for 2 3 yrs and sell on and make a profit. Therefore unless to can start moving up the leagues buying and then selling our better players is a fact of lower league football and people need to get over it.

Quoted from megs

80s with your points raised above moving to league 2 would not make a massive difference

Course it would or am I missing something ?
I presume we're not going for promotion just for the sake of it.

Quoted from megs

Couple with the new management duo of buying players who have the potential to put under contract for 2 3 yrs and sell on and make a profit. Therefore unless to can start moving up the leagues buying and then selling our better players is a fact of lower league football and people need to get over it.

Agree but my point is some people need to get over these cup disappointments.

The point making on promotion is that we have made losses for years why would getting back to league 2 help us maintain profit year on year?

Playing at a higher level players will demand higher salaries
Players needed to play at a higher level may cost more to purchase
Are traveling commitments less in L2
Are we likely to get more home support, not on recent seasons

So that's my point......it's not as if clubs in L2 are all mega rich there all struggling right up to championship level

Quoted from grimps

The thing is if we can discover a Bennett every couple of years we'll never have to worry .thats why we need a decent youth set up

Totally agree with this.