If that's the case the owners should be prepared to plug the gap. Season ticket holders are doing their part and fans are buying merchandise. It stinks. Even the notion of billionaires sitting on their hands while something goes bust over £7 million pisses me off.
We need to bring quality in Marc which we haven't done. Norwood, McCarthy and Jason Cundy aren't it. The constant digs from some at the former chairman are funny because under Neerav we are having the worst summer in terms of transfers i can remember. On Callum Brittain. I said to friends he would be a player to let go. He doesn't fit the system. He isn't a winger-style wing-back and is more of a TAA-style player. If the club can get around 1.5 million for him then its a good fee. The club will need to replace him I think because I'm not sure if Hondamarch is good enough and Helliwell certainly isn't.
@Archerfield might be the best person to answer fully. in my very very basic understanding though, last year's annual operational running costs were apparently c£14m. getting relegated costs us around £7m in lost revenue. so that's the gap. I have absolutely no idea how valid those numbers are, but that's what's previously been posted...I think. physically impossible for us to sustain those costs in League 1.
I think we can finally put the billionaires thing to bed. Millionaires, for sure, billionaires, I doubt even remotely close, maybe not even collectively. If they were to "plug the gap" there would be a few ways of doing that. They could provide loans against the losses, in the hope they one day recoup them. Maybe charge interest on them to skim some of the revenue funds, but I suspect they would just accumulate. Like they have done at many a championship club. The worst ones have found themselves in trouble and have gone through multiple owners. They could put more equity into the club. That would shore up the balance sheet, but they wouldn't be able to take that back out again. To date the 80% part of the consortium have paid around £9m (£8m for club, £1m alleged capital injection) and settled some of patricks former loans. The more they put in, the more they need to sell the club for when they dispose of it. And I suspect, if they were to put £5-£10m to cover past and likely losses this and next season (if we were to keep all players, which obviously is no longer the case) they wouldn't see a return on that. At the end of the day, they are still investors. And investors want return.
Yes the "we dont want to do a derby" is music to the boards ears. We can be playing our games in lg2 with a shocking squad but still all pat ourselves on the back that were not Derby. Just happy we still got a club, the race to the bottom complete. I still reckon ive spent more on this football club in one afternoon than Chien Lee and his band of asset strippers have.
fair do's, that's your opinion. I think you mean Robbie Cundy though. Jason Cundy's been out of the game some time! we're honestly not going to know until we see them. on paper I would say all of them are potentially bread and butter League 1 players. we'll see. not all our signings are going to be successful though. that's an unrealistic expectation. as for Conway, you really are on your own on that. his influence on Barnsley football club has been disastrous. genuinely don't know how anyone can try to defend him.
You talk as though there's some obligation for them to pile money in. You might like to think they have but they don't. This is the real world I'm afraid. Your best hope is that Parekh's closer involvement cements his seeming affection for the club and loosens his wallet at some point.
It won't cost more money though will it SD? We'll reset to a club that has a decent budget for the division with players on wages to match income and look to go up from there.
Have a look at the accounts. Try and extrapolate for last season, then consider there is a £7m fall in revenue and we've been running at a loss anyway. There are 3 options. You cut your costs and try and maximise revenue to break even and be self sufficient. You stay as you are and fund losses while trying to maximise revenue prior to full SCMP kicking in. That would likely see the owners putting in up to £7-8m a season on last seasons likely cost base. You do nothing and go bust. That's it. 3 options. Which one do you choose?
Will you change the ******* record? The fact you want this to happen is not going to change the fact that it won’t. None of us, not one, are happy to sell players to keep the club going. Some of us just accept that it is necessary unless we want liquidating. Look at it all in a different environment: The owners of Tesco are billionaires. I find it ridiculous that they sit on their billions that they made off us, and watch us struggle with a cost of living crisis. They should bail us out, give us a free weekly shop for a few months, then start charging again then things are better.
Jason Cundy? Imagine the all-seeing all-knowing Hemsy not knowing a player’s name… He’d probably approve of Jason Cundy though as he came through Chelsea’s youth team.
Stop talking sense. The owners - and especially those who have been kicked off the board and have no day to day involvement - need to just throw some millions in and that, coz they’re billionaires you know
It's a Joke fella. I'm having a little bit of fun. I'm a TalkSport listener and he mentions at times on different shows that his body isn't in the best of condition. He can't turn like he once could, a bit stiff like ............
We've sold four players which between the undisclosed fees must be close to three million pounds. Then wages for next season for Woodrow and Morris alone we will have saved another three quarters of a million. If we are 4-5 million away being OK then questions should be asked about what the board are doing.
Might not be the most popular opinion but I'd rather we were a financially stable, self sufficient club in League 1 than a Derby/Bolton rich man's play thing that relies on constant injections of cash from owners.
No it won't. We get back on a even footing and then stay on it while in this league. If we go back up the budget increases. Go back down and we lower the budget again. The only way it will cost more money is keeping a championship budget in league one.
What makes me laugh is the talk by the CEO and owners about promotion as soon as possible. However, from what I'm seeing they haven't done anything to try and facilitate that fantasy. They'd have been better selling up. Derby are streets ahead in terms of their playing squad.
Honestly not going to miss a wingback who made 76 appearances and scored zero goals and provided 8 assists but have to agree with SD we are way behind not only Derby but several clubs when it comes to having quality in depth.
yeah but derby are also £60m in debt and really shouldn't be allowed to trade in the way they are. I wouldn't want us to be compared to them in any way shape or form.