BFC cash injection

Like you say you are just guessing, let’s deal in facts not fiction mate

 

ok Rafa
Best delete 98% of the BBS then!
It’s the only place I can find a figure quoted for his wage. It says 6600 a week at Wigan and that he was 4th or 5th highest earner.

 

Enjoyed this comment, well played.

 

Spot on pal

 

The kitchen fee is paid over 48 months, or so I was lead to believe.

 

Does that include appliances?

 

No white goods pal unfortunately.

 

Don’t think anyone is accusing them of pocketing money. My worry is why aren’t they making us more sustainable without them having to put additional money in.

 

Because they’re also fans and want us to be promoted, I suppose.
It’s easy to only spend our income on wages and transfer fees, but we’ll be in League 2 before you know it.

 

Have you not got Twitter, mate? They constantly get accused of pocketing money and being penny pinchers. Every other day there's someone claiming board is sucking us dry, despite plenty of people showing them our financials and what they've put in. I see it that often it bores the **** out of me. Ignorance, and full on lies at times. A few have said it on here too, mind.

 

Because they want to get back to the championship.

 

I'm sure we're all very grateful that they're pumping cash in to keep the club going, but given we are not a small club in this league and we've had a fair amount of transfer income recently, it has to be asked why we struggle so much financially?
Is the fact that they (thankfully) are not averse to chucking in money, just covering up the fact that they're not very good at running a football business?

 

I want them to make us sustainable not get us back into a league that we can’t complete in and lose even more money again.

 

I presume they feel it’s more likely the club is able to be financially sustainable in the championship than league 1 long term. If they stopped investing and cut salaries and we ended up in league 2 how long would people keep paying nearly £600 for a season ticket? there’s a balance that needs to be found obviously but very few if any club has managed to find it so far, so it’s a matter of having to spend more money to keep their investment worth something and try and find that sweet spot.

 

85% of clubs in England are losing money. It's near impossible to be sustainable, because the board would be absolutely hounded out. As Barnsleyreds says above, unless we are willing to pay loads more our on tickets etc it won't happen. Look at the outrage about the cost of beer. We'd have to sell Connell, Phillips, Pines, anyone with a sell on value. Darragh McAnthony the Peterborough owner said a club who gets promoted gets at least 15 million, promotion & tv rights. Not to mention the thousands of extra fans we'd have from the away sides, and possibly some more of our own.

"Most clubs (85%) are loss-making and the scale of losses is accelerating at a faster pace for lower league clubs, which is a concerning trend. For example, in League One aggregate losses increased by 70% compared to the previous year, while in League Two, losses increased by 220% - compared to a 16% increase in the Premier League."

Promotion would be blessing, both for us as fans & then the club financially.

 

Unfortunately even in the last transfer window people on here were saying that, granted it was a small minority and probably just frustration over perceived lack of spending money but it was said.

 

Rafa lol

 

Facts!

 

Ta

 

Except our wage bill would then likely swallow the additional revenue up again.

“Following Pompey's promotion, he said the players' wages "are going to have to quadruple if they're going to be competitive with the averages in the Championship".
Contracts will also have clauses in them that include automatic increases should they be promoted again.
However, an increase in income would come from broadcasting revenue in the second tier and, as a result of that, more money from deals with commercial sponsorships.
"For every pound that Portsmouth are currently getting from TV broadcasting deals they will get about seven in the Championship," Maguire said.
"Their TV deal will go from about £1m to around £8m.”


I’m sorry I don’t subscribe to the theory that just cos most other clubs lose money it’s fine for us too. What happens when the owner(s) gets bored of putting money in and for nothing in return. It happened at Wigan so I’m sure it will happen again to other clubs.