CEO QUESTIONS & ANSWERS...NIGHT

Discussion in 'Bulletin Board' started by shed131, Apr 12, 2022.

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  1. onemickybutler

    onemickybutler Well-Known Member

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    Yes but that doesn't cover anyone who might suddenly decide they want one come the end of May.
     
    onemickybutler, Apr 12, 2022
    #61
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  2. Fon

    Fonzie Well-Known Member

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    Did he say what repairs were done to the West Stand to make it safe and allow it to reopen?

    Did he say anything about the 750k?
     
    Fonzie, Apr 12, 2022
    #62
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  3. Hooky feller

    Hooky feller Well-Known Member

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    Edited my post mate as you posted yours.
     
    Hooky feller, Apr 12, 2022
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  4. Redhelen

    Redhelen Well-Known Member

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    No.
     
    Redhelen, Apr 12, 2022
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  5. Exi

    Exile Well-Known Member

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    Not to be sniffed at in any way or sense but the financial difference between 6,000 and 11,000 ST holders is going to be in the order of £1m to £1.5m (depending on the age mix) whereas the other revenue losses we are facing on relegation are in the order of £6m to £7m. And remember that the revenue from the higher level of ST holders is already baked into whatever loss we are making this season so even if there are 11,000 that's not providing any new money to spend.

    In terms of any semblance of financial foundation for next season the two biggest variables by far are any/the percentage wage reductions built into players' contracts and any/the fees that might be achievable for sales of Morris, Helik, Collins and co.

    All of which to my simple, sulking mind makes it even more feel even more niggardly, unfeeling, out of touch with the community and ultimately sheer naive business sense to crunch the early bird deadline.
     
    Exile, Apr 12, 2022
    #65
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  6. Hooky feller

    Hooky feller Well-Known Member

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    Repairs as necessary including holes. ( The cost in the region of 10k was suggested.) And referenced the Bradford city fire.
    Re the £750k. Not that I remember. As I dont think he was asked. (Unless it happened when I stepped out for a mo.) But wouldn't go into detail over the pending court case. (As I'd expect him not to. Tbf)
     
    Hooky feller, Apr 12, 2022
    #66
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  7. Gally

    Gally Administrator Staff Member Admin

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    He repeated that the main thing was the fire safety assessment that they had to wait to get some time to get it done and signed off. He said it cost somewhere in the ballpark of 10K and they had to create the holes etc to allow that assessment to be done. He also mentioned the issues with fulfilling the requirements of the safety certificate (presumably with regards to stewarding numbers). The stand was closed for 6 games. He said looking back he would still close it but he would communicate the reasons much better than he did.
     
    Gally, Apr 12, 2022
    #67
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  8. Exi

    Exile Well-Known Member

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    There really isn't.

    Per discussion with the ticket office, at best it could be described as a 2 month interest free option (which makes the wording on the club flyer sloppy/ misleading imho).

    Say I renewed on 29th April I would need to pay £110 on each of 29th April, 29th May and 29th June - 3 payments over a period of 2 months (62 days), not 3.

    As my wage clears for use at my bank on 30th of each month, I'll only have two wage payments to meet the full price from - which is exactly the same as if they had put the early bird to 31st May. So the Klarna option doesn't move the dial one tick for me. In fact, it's actually worse as I'd still have to commit by 29th April.
     
    Exile, Apr 12, 2022
    #68
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  9. Hooky feller

    Hooky feller Well-Known Member

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    I Stand corrected.
     
    Hooky feller, Apr 12, 2022
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  10. Jay

    Jay Well-Known Member

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    We had to close the West Stand due to holes that the club made?
     
    Jay, Apr 12, 2022
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  11. Jay

    Jay Well-Known Member

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    Why is the West Stand shut?

    It's got holes in it.

    Where did the holes come from?

    We made them.

    Why?

    To see if it was safe.

    And is it?

    Well, it was, but it's not now.

    Why?

    It's got holes in it.
     
    Jay, Apr 12, 2022
    #71
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  12. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Famous quote from Elon Musk - task yourself to deliver your five year business strategy in 12 months. You won't achieve it but you'll be a lot further ahead after year one than if you coast along.

    There's absolutely nothing wrong for setting an aspirational figure of 11,000 for season ticket sales. It's like when he got criticised for saying he'd love Oakwell to be full every week with 16,000 season ticket holders, as if having that vision for the club was a bad thing.
     
    Loko the Tyke, Apr 12, 2022
    #72
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  13. ley

    leythtyke Well-Known Member

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    That's not how I read Gally's post to be fair.
     
    leythtyke, Apr 12, 2022
    #73
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  14. nezbfc

    nezbfc Well-Known Member

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    Laughing
     
    nezbfc, Apr 12, 2022
    #74
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  15. Gally

    Gally Administrator Staff Member Admin

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    No. :D
    The council requested a number of additional reports as a condition of the safety certificate. One is related to fire safety. It was always assumed the base of the west stand was solid. They asked for a report to clarify this. As part of this investigation, which involved removal of part of the floor at the north west and south west ends it was found this wasn't the case. A fire safety inspection/report was then required which couldn't happen until some point later. Not sure what remediation was done but it cost them about 10K
     
    Gally, Apr 12, 2022
    #75
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  16. Dan

    DannyWilsonLovechild Well-Known Member

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    Did he say his target is 11,000 season tickets for next season?
     
    DannyWilsonLovechild, Apr 12, 2022
    #76
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  17. ley

    leythtyke Well-Known Member

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    If he's not budgeting for that, which from what @Gally has posted, he hasn't, then as long as he's budgeting for a realistic number, he can say he's targting 110,000 for all I care.
     
    leythtyke, Apr 12, 2022
    #77
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  18. Jay

    Jay Well-Known Member

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    I kind of guessed at something like that but that's not nearly as funny as my version.
     
    Jay, Apr 12, 2022
    #78
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  19. churtonred

    churtonred Well-Known Member

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    He could have just said we want to sell as many season tickets as we possibly can. Saying he wants to sell 11000 is as ridiculous as saying earlier in the season that relegation wasn't even a consideration.
    Any other year you might get away with statements like this but in a year where fans have been misled, the club mismanaged they stand out like a sore thumb. He just seems to make one badly thought out statement after another. You're probably going to tell me it's a language difficulty. I'm afraid I see it as a failure to gauge the impact of what he says and a reliance on cheap soundbites.
    Maybe I'm wrong and he'll mastermind a successful summer and new season. My fingers are crossed but I'm going with hope rather than expectation.
     
    churtonred, Apr 12, 2022
    #79
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  20. Dan

    DannyWilsonLovechild Well-Known Member

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    I'd suspect Zuk has 5 or 6 base models for his financial projections and supplemented with several variations based on levels of player sales.

    Having a pie in the sky ambition which fails to address the fundamental issues is lunacy.
     
    DannyWilsonLovechild, Apr 12, 2022
    #80
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