I'm not very bright and certainly have no idea what our incomings & out goings are. Therefore, I'm not clever enough to work out how we're set up financially. Oh, and we were told by Don Rowing that the sell on clause for Craig Davies was £300 000. I think I'll sit at the back of the class, wear my dunce's hat and listen to everyone else who know more than me.
Albert...It was publicly announced by the club, that the break even attendance target for this season was 11-12 thou...as we only averaged a tad over 10, I'll assume that's where some of the "missing millions" have gone.
Have you got a link to that 11-12,000 break even attendance figure? I never heard that or read that and as it was almost certain that we wouldn't reach that level, I would be very surprised if a prudent operator like Don Rowing would set a budget that required such figures to break even. In a meeting earlier this season with Don Rowing and the members of this board, Don was asked how we were doing financially and whether we could expect a loss or a profit this season. Don replied that should we beat Burnley in the cup he expected us to break even.
c30% drop in revenue for the last reporting period. £2.4m down. If the fans don't come back, expect the same again. The Club do an incredible job keeping us in the black.
I don't think anybody really expects us to try and compete with thoughts clubs mate...but stop this pretty silly, where skint mantra...and spend a bit of the money we do have...
Where have you plucked this figure from? If you are trying to suggest we will make 5m profit out of tvis season you are way off
Please keep me updated Paul - I'd definitely be in as Easyjet have just announced they'll be doing Manchester - St Petersburg from the summer. Result!
I was always under the impression we'd needed money from player sales to break even. We've obviously taken much more money than usual these past 18 months but it's not all expendable. I expect the cup run money to offset the losses and we haven't received any appearance money for Stones yet. I'm not sure how much we got up front for him but I'd imagine its nowhere near 3mill. Then there's a lot of contracts to tie up, including Flicker, Mellon and Scott. Additional expenditure on away match days, training camps etc. I'd expect our transfer budget to be about 1.5-2mill since our wage bill is going to increase, especially if we want to keep the likes of Cranie.
Wouldn't it also depend on including sales in any budget? 12,000 attendance = 10,000 + 1 player sale ~£600k. I'm not privy to any information, but obviously income from player sales has been used to off-set losses in ticket income for a number of years at Oakwell and is a common business model.
You seem to have a better idea of what has been spent than the clubs general manager. Perhaps you can give him bell and explain where his sums are wrong Sent from my GT-N7105 using Tapatalk 2
The figures we 'reportedly' received for Stones and Butterfield may well turn out to be correct, eventually, but there's no way we have received these figures upfront. A fair amount will probably be in installments, or in appearance/success based clauses. And people wonder why transfer fees are usually 'undisclosed'.