are you seriously saying sisu and joy should put fan happiness over their business interests?
stop living in faitrytale land otis
OSB we will be doing very well indeed to stay up if the groundshare goes ahead. It's so infuriating that they would rather spite ACL than allow both business and common sense to prevail.
I have said this before but it is a good thing that JH is in no state to know what is going on-I don't think he could handle it.
So to put a little figure work on that
Say the player budget was 2m that would require a minimum turnover of 3.3m. That leaves 1.3m to play other wages (non FFP players, coaches, academy costs, directors, commercial staff etc) the general overheads, the rent of the ground share, direct costs (policing stewards etc) Interest on loans etc. Can all that be covered by 1.3m ? Been paying ARVO best part of £1m in interest I believe for example
I assume there would be some TV money, sponsorship, league money etc say that 1m. that leaves matchday income at 2.3m. So say the matchday average for tickets was £10 (thats after concessions, freebies etc) that would mean crowds of 10000.
btw if you back and divide matchday income by attendance each year it works out around £12 per head net of VAT roughly speaking
so if crowds were 3000 at £10 per head that gives a turnover of 690k
Yes there might be other bits of income, cup runs etc but it looks bleak to me
all playing with figures i know but i just can not get it to make much sense and it hammers the ffp calculation .......... and any ambition
we could of course get lucky and get promoted........... but i wouldnt bet anyones mortgage on that right now would you ?
They are the ones in fairytale land.
Raise another £30 million to build another stadium, while moving away and disenfranchising fans for at least 3 years with ever dwindling gates, to move to a smaller stadium that is all part of a 10 year plan.
:facepalm:
Time to wake up and smell the coffee.
the FFP system has been in operation in L1 for two years and since 2004/05 in L2 so it is a tried and tested system
its the championship system that will new
you dont have the ability to think long term, good job you dont own a business.
Common sense dictates that we stay and play in Coventry at the Ricoh.
Anything else is just plain daft. It just needs some heads knocking together.
The whole thing is laughable at the moment. Middle of June, no kit, no signings, transfer embargo, administration, nowhere to play and the dream of a pie in the sky stadium many years down the line.
It really does beggar belief.
the FFP system has been in operation in L1 for two years and since 2004/05 in L2 so it is a tried and tested system
its the championship system that will new
So if fisher was quoting FFP a couple of years ago when it wouldn't come into play in championship until 2014, is it suggestible that they were already talking as if we were a league 1 or 2 team, had no intention of us staying in champ and made sure we were relegated?
the only way they'll get their money back is by getting promotion to prem, and that's not gonna happen.
So why are they still here?
You do if the £30m invested now pays off the £100m debt over 5-10 years
How on earth would it pay it off? You really think any profits made from the venture would be put back into the club? SISU would leave the debt with us and take the profits for themselves.
Have people learned nothing about SISU??
I don't know how many times this needs to be said, long term this plan is bad (at least over the next 10 years anyway), the revenues from food and beverage will not make up for the loss of fans.
Thanks ob,
I'm sure you're right.
But it gets forgotton that all of FFP is untried & tested!
Although it tries to prevent the previous unbridled system of billionaires like Obramavics "buying" success, we don't know how well we will like the new system until its been experienced.
It is likely to be dull and lifeless at best and may contain unforseen disasters for promoted or relegated sides.
It is likely to give closer budgets for all teams - and may bring a lot more no score draws!
imp:
I don't think he can use the term 'consultation' - it was more like 'information'. The decision was taken and nothing we could have said would have changed it. So definitely not a consultation.
What a ridiculous conclusion.
FFP will reinforce a fixed ranking, clubs that attract the crowds can ascend the league pyramid & clubs that have smaller crowds will be held back, as SISU propose to reduce the crowds they are really saying they are happy to hold us down.
you dont have the ability to think long term, good job you dont own a business.
Its not ridiculous at all its a very logical conclusion.
The effect of FFP will be to reduce the contrast in the budgets of teams, hence they will be more equally matched.
imp:
Its not ridiculous at all its a very logical conclusion.
The effect of FFP will be to reduce the contrast in the budgets of teams, hence they will be more equally matched.
imp:
Its not ridiculous at all its a very logical conclusion.
The effect of FFP will be to reduce the contrast in the budgets of teams, hence they will be more equally matched.
imp:
That may be the case, but a club who spends 60% of 5m still has more money to spend than a club who spends 60% of 3m.
Although I think it's not how much you have, but how you spend it. We spend 5/6k per week on players like David Bell. Other clubs spend less on more effective players.
Maybe half of the fans on here are not house owners so very scared of "debt".
An ordinary semi in London today costs £500k. Buy it on a mortgage and hold it for 5years. With house prices going up at 5% pa after 5 years you sell it and it has gone up to £640k! You didn't need to worry about "paying off the debt", the new buyer did it for you and you put £140k in your pocket!
Thats a simplistic picture and stadium financing is more complicated, but thats the way it works!
imp:
So, w have a stadium, in the City, where we can play for free, opposed to a stadium in Birmingham/ or the other side of Birmingham where we have to pay rent?
I wonder what the Administrator will have to say about this.
It's all desperation now. Deluded Fisher has to stand by his word because that's what his boss is telling him to do. Muddy the water.
Is there more no score draws at the lowest levels of football where no one spends anything? If every team had the same amount to spend football would be an awesome sport and I don't believe for a second it would lower the amount of goals we see.
Maybe half of the fans on here are not house owners so very scared of "debt".
An ordinary semi in London today costs £500k. Buy it on a mortgage and hold it for 5years. With house prices going up at 5% pa after 5 years you sell it and it has gone up to £640k! You didn't need to worry about "paying off the debt", the new buyer did it for you and you put £140k in your pocket!
Thats a simplistic picture and stadium financing is more complicated, but thats the way it works!
imp:
Nonsense - London house prices increase because there is demand. How much demand is there for a crappy 15,000 stadium in Coventry or S Warwickshire (apart from our deluded owners)?
Too literal man!
I wasn't suggesting they would sell the stadium for a profit after 5 years, I was ilustrating the debt doesn't need to be paid off to benefit!
The benefit with buying the stadium will come in increased revenues, over the long term.
They can finance buying the stadium for little more than the cost of the rent, or maybe even less than the £1.2m we were being fleeced for!
imp:
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