…currently, seeing as Watters is potentially injured according to DC. I’ll say that again, a professionally run football club has 2 fit senior strikers and we’re only ‘hopeful’ of signings this week?! I said a couple of weeks ago that it’s turning into neglect at this stage, this board have got just over a week to get it right… they’ve had nearly 3 months and we’re left scraping the bottom of the barrel at the end of the transfer window. Not. Good. Enough.
Have to agree it’s starting to feel negligent on the boards part and now they say we want 3 forwards in before the window shuts but yet we haven’t been able to persuade a single attacker to join us in the last 3 months.
It’s a poor situation & needs addressing ASAP. I think we’ve got pretty good depth everywhere except up front & a wide player to give us a different option. The points we dropped against Mansfield & may drop in the next couple of games could be the difference between making the play offs & not making them.
Just the fact that our net transfer spend last year was negative 8 million and this year with spent 200k so far, so either the deals were over a ridiculous amount of years or we/they are keeping the money.
Correction, putting in capital to keep their asset that is losing money due to negligent ownership, afloat.
The accounts are public information. They are categorically not keeping money, as @Archerfield has confirmed on many occasions.
Or like has been explained many,many times now the transfers are paid in instalments so the club haven’t actually received all of the 8.
They may well be incompetent but the cash flow has been one way. Operating losses of £6.8m and £5.9m in ‘22 and ‘23 need an awful lot of transfer profit to avoid the owners having to inject equity. The likelihood is that the bulk of the transfer profit from the sales of Mads/Kitching and Collins is absorbed by the club to meet operating losses with possibly only a small amount free for future transfers. To put in context, between February and October 2023 the directors injected £10.2m. Over their period of tenure no dividends have been paid.
I totally get the fact that the Club generates no income for the Directors. I'm seeing nothing in their business model to suggest that they are doing anything to address the reasons for this. We have a car park that is never full because of a strict closure policy and people parking there are held back after the game. The number of complaints about catering, lengthy queues and inadequate stock seems to be on an upward trajectory. Last season there was the Fanatics kit debacle. They have taken a decision to take away the electronic advertising boards. Is this because there is a cost implication, presumably in hiring them and they don't make that much money from advertising revenue? I have posted about the debacle of iFollow digital audio passes and the appalling commentary. It's not improving and I've taken the decision to not take out a pass for the service. The lack of a Comms team is also showing with the iFollow content on the website markedly down. I'm not sure about the decision to introduce a ladies team in to the mix. There are surely cost implications for this? I note Wakefield have scrapped their ladies team on cost grounds. I get the ladies game is on an upwards trajectory and there was an upcoming team already in Barnsley when BFC decided to get involved. At the moment I suspect that the costs of running the ladies team outweigh any revenue it brings in. All this is before I get started on the scattergun approach to player recruitment. Not paying dividends is commendable but in business you have to put things in place to attract paying customers because without them your business will fail.
I disagree with this. All clubs will be negotiating hard at the moment and many deals will be contingent on other deals falling into pace. I think the time to judge will be after the window has closed. If we are in the same position then, your comments will be fair, but not until.
I’d call it one senior striker and an unproven kid. I bet DC is not happy at all. As you say it’s not good enough.
Are the games we play up until that point in time somehow worth less points than the ones after we finally get our shît together? We're still not ready, two weeks into the season, yet again. I can't understand why fans are justifying this on a faint hope we might bring someone in by the end of the month.
The accounts have been done to May23 and both deals for mads and kitching were afterwards so I guess will find out in the next accounts (due march25).