I think that is clear to most people. And while I think the recruitment model is a poor one, it doesn't mean the owners are pocketing money from player sales.
Another thing I noticed last night and happened in a previous game (not sure which, think it was Oxford away) Some of our players struggled with the wet pitch. Do they not have different pairs of boots to suit weather conditions. The opponents seem to have. ?
It was a setback but as they have 6 points on us our need is far greater. They have more margin for error than we do. I reckon we would need 12 more wins to even have a shout of top 2. I haven’t seen enough performance wise to suggest we’re capable of that. I’d be absolutely ecstatic to be proved wrong mind!
Look at the 3 teams above us pompey, Bolton and Derby all get bigger average gates than us all generate more money all have bigger budgets all can afford bigger wages. Same as last season with Ipswich and Wednesday bigger gates pay bigger wages ultimately win promotion.
The issue being though, is that these ongoing "were losing money" comments are based on historical facts/accounts that are way out of date. So whilst we "were losing money"... Are we still losing money? And by the time we find that out, it's another x many months out of date info. We do have quite a bit supposedly coming in over time etc. The truth is, nobody actually knows right now the existing state. But all we know, is that recently, no share capital is being requested... I'd guess we aren't as bad financially right now than some are still saying. I'm not saying we are flush, but we must be in a better position now, surely?
Football club finances are relatively easy to predict given they are a simple business. Accounts will be out in a couple of weeks for the year ending May 2023. Income = League distribution + broadcast revenue + Matchday + Commercial Costs = Wages + player amortisation + lots of small stuff Big changes from 22 to 23 will be league distribution down £6m, wage bill likely cut to £10m, amortisation down by £1m. Taking these estimates should mean an operating loss of between £4m and £5m. The profit from player sales can then be deducted. Just estimates and the real numbers will be out at the end of the month.
Frustrating, but deserved point. The scoreline flattered Shrewsbury, in my opinion, with superb goalkeeping and less than impressive finishing, it could've been a comfortable victory. However, these lads never know when they're beaten.
I'm not doubting your estimates, it's the player sales but we don't know for sure. But as you noted, the figures we will see reflect up to may 2023. So almost 12 months old. Not included will be summer sales/income etc either. It's just the way it is. I'd be more concerned if during this season, we see more "cash injection".... If we don't, we must be doing ok. Not great, but definitely better
I'd trust Marsh to comfortably offer more than Watters does. That's not exaggerating or anything I just would.
Yeah he was, my point was that people like him should be coming on instead of watters and Cosgrove because they've had a lot of chances and haven't performed anywhere near well enough so while it's not ideal we need to try others such as marsh. Let's face it, they can't be any worse
I wish the self sustainable thing would work, I really do. But its just not practical, and I dread to think what their intentions will be, if we do go back up to the much harder Championship. Surely the owners of any football club should be spending 'something' in January, to give the manager/players/fans a better chance of promotion or survival. Its a case of speculate to accumulate. Or what are they doing owning/running a football club then if they aren't willing to do this. And once again Id say as they are the owners, surely its their responsibility to be making these payments, to keep us going.