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 gtfc_chris |
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Snakebite drinker  Posts: 407
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That smacked a bit of desperation from Hurst, he knows what he's dealing with and any constraints he's under. Moaning that we're getting outbid isn't going to win him any favours with fans, nor I suspect 1878.
There are a lot of high spenders in this division. The absolute vast majority, if not all, are spending beyond their means. I can't lie and say I'm not envious that clubs are bringing in players that we would like to have in our squad, but it is what it is. It's the remit he's working to and even the slightest moan about it achieves nothing at all.
That said, you've gotta fear for the future of some of these clubs. It's ok someone coming in and lobbing a £1million at transfers, that might get you 5 or 6 really good players at this level. But they don't come on minimum wage. They'll command a premium wage, more so if they're going to drop down to this level. Chucking money at it is in no way a guaranteed route to success. There's only 2 teams that are going up into League Two. At least one team is going to be stuck in this division next season, with a wage bill that they've absolutely no chance of matching against their income. Amidst this we're on the brink of a financial crisis globally.
It is frustrating that we're not able to match the spending of some clubs, even more so when we know we've generated a bulk of money through sales and sell-ons, but long term I feel very comfortable for our future. I can't say I share that view for Chesterfield, Stockport et al. The disappointing irony is that the clubs that are chucking money at it are the ones who have previous for poor financial control and should be well aware of the downfalls of not cutting your cloth appropriately.
I think what he's trying to do is provide frames of reference for the fans. We can sit in the stands and on the forums and scratch our heads as to why we're not signing players we all deem competent enough. It's probably likely that a large portion of our fans would simply expect/assume us to be spending more than the likes of Solihull just off name alone. If the reality is that clubs like Solihull are starting to compete financially and able to attract players of the standard we'd want then why wouldn't he make that known? It widens the argument of what makes Grimsby more attractive than anyone else. History, name and reputation aren't the foundations of what's attractive for players and if stereo-typically smaller clubs can offer a better financial package than we can we will lose out. He may know the constraints to which he has to operate but if fans aren't aware that Solihull have more clout then a good selection of them will be berating him for not attracting the players going to clubs in that bracket. |
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| HertsGTFC |
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Let teams like Solihull outbid us on players . We shouldn’t be spending beyond what is the value of the player and their wages .
I think that’s the issue though some boards & managers see more value in a player than others. Just because one club will pay X amount of their budget on an individual doesn’t necessarily mean he’s worth it unless they’re truly proven like say Amond........ ironically. |
| "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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| Gaffer58 |
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Brandy Drinker  Posts: 2,989
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You have to question how clubs of Solihull’s size are in a position to pay more then ourselves, their season ticket/ gate money must be around half of ours so unless they have a sugar daddy where is their money coming from, unless of course it’s all about the here and now regarding spending and not worry about future years yet, eg, just as scunny have done and look at what their future is looking like.
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| coddy60 |
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Phil Kirk, who has put the cash into Chesterfield, was the visionary behind Chrysaor, who went from owning nothing in the North Sea, to the biggest operator in 6/7 years. They took over/merged with another company last year to form Harbour Energy, with a value of 3.36 billion. He has since resigned, owned 1.4 percent of that value, 47 million. The worrying thing there is that he has nothing to do now, so is likely to keep doing it for a bit, at least until they are well out of sight of us. I used to work for them, he's a normal bloke, who's seriously minted, and looks to only have one interest atm 😳
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 Meza |
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I've always said budget should mainly be based on attendances. Some of these clubs are so desperate to get out this league they will over spend the odds to get out. whilst the league sit back and say nothing. If i was on the NL board, i;d be saying how concerning the spending is on some of these clubs.
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| HerveJosse |
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Champagne Drinker  Posts: 2,177
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Well they freed us of Fenty which cost ~£1.5m when you include the other shares they purchased. They also committed to repay the loans over 3 years if football fortune didn't which was a £1.5m commitment and then since the accounting year ended, they've put over £1m into the business.
I'm confident that there is method to the madness of the 1878 spending but I can see the bubbles bursting (again in some cases) for some of the other clubs.
You are double counting again. |
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| jamesgtfc |
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Vodka Drinker  Posts: 6,057
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You are double counting again.
£500k of that £1.125m MAY be for the first installment of the loan but it hasn't been confirmed anywhere and that's still £625k of fresh investment that the club hasn't had for years. |
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| GollyGTFC |
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 Whiskey Drinker  Posts: 3,978
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You have to question how clubs of Solihull’s size are in a position to pay more then ourselves, their season ticket/ gate money must be around half of ours so unless they have a sugar daddy where is their money coming from, unless of course it’s all about the here and now regarding spending and not worry about future years yet, eg, just as scunny have done and look at what their future is looking like.
You're looking at it the wrong way. I imagine we are in the position to offer any Solihull player a higher wage than he's currently on. However, if that Solihull player is out of contract in the summer the player would probably believe in the long run he can earn more money by sitting out his contract with the view of getting a higher wage than we would offer in the summer. Why join us and get maybe an extra £300 a week for 18 months when he can potentially get a much bigger pay rise, maybe at a higher level too and possibly a longer contract too? |
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| ginnywings |
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Nobody has yet mentioned the impending salary cap, which 1878 are in favour of. When that is introduced, the amount of clubs we could potentially outspend will fall to almost none, putting us on a par with more than just the Solihull's of the world.
I suspect some clubs are getting their spending in now, so their high earners will be taken at the league average and put them in a better position than teams who haven't spent big; at least it will for a couple of seasons until the contracts start to run down.
The days of Stockport and others signing league players for big bucks will come to an end, so I suspect they want to get out of this league pronto while they have the financial advantage over others.
To my mind, spending restrictions are a good thing, to stop clubs running up debt they can't afford, bit a one size fits all approach is just plain wrong. It should be a percentage of income.
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| GollyGTFC |
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Whiskey Drinker Posts: 3,978
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Nobody has yet mentioned the impending salary cap, which 1878 are in favour of. When that is introduced, the amount of clubs we could potentially outspend will fall to almost none, putting us on a par with more than just the Solihull's of the world.
I suspect some clubs are getting their spending in now, so their high earners will be taken at the league average and put them in a better position than teams who haven't spent big; at least it will for a couple of seasons until the contracts start to run down.
The days of Stockport and others signing league players for big bucks will come to an end, so I suspect they want to get out of this league pronto while they have the financial advantage over others.
To my mind, spending restrictions are a good thing, to stop clubs running up debt they can't afford, bit a one size fits all approach is just plain wrong. It should be a percentage of income.
I think owners should be allowed to spend what they like as long as it doesn't go into the accounts as a debt. |
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Meza
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