Massive clear out needed. (1 Viewer)

[Brighton Sky Blue]

Worrying that Robins has said the wage bill won’t go up under King because it’s got to match turnover. Feels like that’s what’s really holding us back.

So again why does King want to own a football club if he doesn’t expect to have to inject any funds? It’s just another shade of shit

 

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[Grendel]

Worrying that Robins has said the wage bill won’t go up under King because it’s got to match turnover. Feels like that’s what’s really holding us back.

worrying if that’s the case as wages are exceeding turnover now

 

[Grendel]

So how does ffp work regarding turnover our gates are now polishing 20000 I reckon in the top half of the division at least.

Turnover will be fairly low - ticket prices are not high - we must be losing half a million a month

 

[Northeast sky blue]

Worrying that Robins has said the wage bill won’t go up under King because it’s got to match turnover. Feels like that’s what’s really holding us back.

If Robins is talking about bringing in two permanently and two on loan, then surely wages will go up, unless he has a few going out

 

[slowpoke]

So how do other clubs do it most championship clubs grounds hold 21000 or less so their average gates are likely to be similar or less than ours, sounds to me our season ticket prices will have to rise quiet a bit,

 

[fernandopartridge]

So how do other clubs do it most championship clubs grounds hold 21000 or less so their average gates are likely to be similar or less than ours, sounds to me our season ticket prices will have to rise quiet a bit,

It'd be useful to compare the level of non ticket revenue to other clubs pulling similar gates.

 

[chiefdave]

Worrying that Robins has said the wage bill won’t go up under King because it’s got to match turnover.

What was the actual quote from Robins?

Is he talking about FFP, which I think allows losses of £5m a season or an additional £8m if its owner funded - that would tie in with Gs estimate of losing half a million a month, or is he literally talking about cutting the budget to match turnover?

Either way doesn't exactly sound like we'll be in a radically different position, at best sounds like we're back to where we were before SISU decided they wanted out

 

[Nick]

Asked how much of an impact King’s fresh investment will make, the City boss said: “It won’t fundamentally mean we can go and be a club that starts splashing the cash, but what it means is we can start planning for a little bit more in terms of moving things forward a little bit quicker than we have done of late, and we might be able to go out and buy one or two.


“But it isn’t going to fundamentally change the structure and the wage levels, because we have to make sure that’s in line with our turnover. We can’t overspend or over reach because we have financial fair play to take into account.

 

[Grendel]

The other thing we will have is a sharp rental increase in May - I’d assume clubs who have their ground under an umbrella company can at least finance through the stadium if they wish

 

[Grendel]

The FFP model wouldn’t apply if king puts actual equity into the club - it seems he’s likely spending money on transferring Sisu debt as opposed to putting into the club for a transfer war chest

 

[slowpoke]

I know as tenants our only revenue is match days our non season ticket gates are around 5000 x ticket price which I think is £22 that’s £110k then there’s a bit of corporate I suppose. How for example does Luton or Millwall or Rotherham or recent prem club Watford beat that.

 

[SkyB]

Now the dust has settled I think we can be a bit more realistic on who's staying and going.

Staying:
Allen (Robins loves his work rate, been an ever present this season)
Rose (We've been after a permanent centre back since we got promoted so I doubt we'd give up a first teamer at the end of his deal)
Fadz (Been the Player of the season so far IMO, guess a bit depends on his injury comeback)

50/50s:
Wilson (Been the number 1 for most of the season, personally think Robins will want a new number one so Wilson will go back to 2nd fiddle ideally)
Dabo (We all agree he's been poor for the last 18 months but Robins obviously likes him, reason he was dragged on Saturday was more to do with him only being able to play an hour)

Leaving:
The rest (explanation done countless times in this thread)

 

[rexo87]

He's not really saying the wage bill wont go up here

 

[Speedie's Head]

The FFP model wouldn’t apply if king puts actual equity into the club - it seems he’s likely spending money on transferring Sisu debt as opposed to putting into the club for a transfer war chest

If that gets rid of the interest payments then it would free up money for wages.

 

[Esoterica]

I can’t see things ending well for Doug. I don’t understand his motivation for wanting to be involved in the club. How does he intend to grow the club’s turnover? It sounds like we’ll only be back to the point when SISU decided to stop putting money in and with them still retaining their 15%, whether he is or not, he’ll be associated with them by the fans. This time next year he’ll be nicknamed Doug the Tug, 'because he’s just another SISU wanker'

 

[Grendel]

He's not really saying the wage bill wont go up here

If wage levels match turnover it’s coming down

 

[Grendel]

If that gets rid of the interest payments then it would free up money for wages.

Doubt that. Interest is deferred and rolled up as debt and any payments are made as capital returns - as likely happened with Hyams money

 

[shmmeee]

What was the actual quote from Robins?

Is he talking about FFP, which I think allows losses of £5m a season or an additional £8m if its owner funded - that would tie in with Gs estimate of losing half a million a month, or is he literally talking about cutting the budget to match turnover?

Either way doesn't exactly sound like we'll be in a radically different position, at best sounds like we're back to where we were before SISU decided they wanted out

Here:



Of course could just be expectation management because he’s about to start negotiating contracts and doesn’t want every man and his dog banging his door asking for more money.

 

[Macca1987]

I agree, I think all three are decent at this level. It’s just frustrating when all three drop a bollock or have a bad game at the same time.

Doyle wasn't playing in the defence it was Bidwell, didn't come on until later in the game, so can't see how he is getting so much stick

 

[slowpoke]

I know as tenants our only revenue is match days our non season ticket gates are around 5000 x ticket price which I think is £22 that’s £110k then there’s a bit of corporate I suppose. How for example does Luton or Millwall or Rotherham or recent prem club Watford beat that.

I forgot to mention all the above plus advertising & tv money and of course any in coming transfer fees.

 

[Sky_Blue_Dreamer]

So how does ffp work regarding turnover our gates are now polishing 20000 I reckon in the top half of the division at least.

It's something I really can't get my head around. Our crowds are pretty decent for the division yet our wage spending is always one of the lowest because we can't afford to spend more. So how come others can then?

I think chances are most are spending beyond their means but then why aren't they constantly breaking the rules or seemingly on the verge of going pop like we are?

The only answer can be it's a deliberate decision by the owners to not provide investment.

Sadly if/when the King takeover goes through I think people will be massively disappointed in the level of investment he provides as well.

 

[shmmeee]

If he can provide us with a few million a season in transfer fees and allow us to have a squad of Championship quality players I’m happy. If not, I’m not and will join the Ashley bandwagon.

 

[Nick]

If he can provide us with a few million a season in transfer fees and allow us to have a squad of Championship quality players I’m happy. If not, I’m not and will join the Ashley bandwagon.

Just gift a few million a season for transfers as well as cover losses?

This is the thing, it will just be building up debt, surely?

 

[shmmeee]

Just gift a few million a season for transfers as well as cover losses?

This is the thing, it will just be building up debt, surely?

Well that’s what any owner would be doing unless they can find a magic income stream.

 

[Nick]

Well that’s what any owner would be doing unless they can find a magic income stream.

Back to square one then, apparently "debt free" but then just get into loads more debt again.

What if the players with money we don't have spent don't work out and end up like Tyler Walker or Hillsner?

Ideally, income streams would be maximised.

 

[shmmeee]

Back to square one then, apparently "debt free" but then just get into loads more debt again.

What if the players with money spent don't work out and end up like Tyler Walker or Hillsner?

What do you want Nick?

 

[Nick]

What do you want Nick?

I'm being realistic.

Unless we get a Saudi prince who can literally plough millions in for shits and giggles then if we want somebody putting millions in then we have to expect them to want it back at some point.

 

[shmmeee]

I'm being realistic.

Unless we get a Saudi prince who can literally plough millions in for shits and giggles then if we want somebody putting millions in then we have to expect them to want it back at some point.

The club costs millions to run. It’s not a case of what we want, any owner is going to have to put millions in because clubs at this level don’t break even really. I imagine the hope of any owner is promotion then either get costs back in the Prem or sell for enough to cover the losses.

That’s just the way the game works above L1 level sadly.

 

[Nick]

The club costs millions to run. It’s not a case of what we want, any owner is going to have to put millions in because clubs at this level don’t break even really. I imagine the hope of any owner is promotion then either get costs back in the Prem or sell for enough to cover the losses.

That’s just the way the game works above L1 level sadly.

That's the thing, unless it's a rich billionaire they are going to want a return on it.

We then don't want to end up doing a Derby....

 

[shmmeee]

That's the thing, unless it's a rich billionaire they are going to want a return on it.

We then don't want to end up doing a Derby....

What’s the alternative? Drop back to L1? Derby are 4th in L1. “Doing a Derby” probably wouldn’t be the end of the world.

You can be at this level, or you can be financially viable. You can’t be both really. Because of the fucked up economics with parachute payments and silly owners and a massive prize to go for.

It’s not a CCFC problem. It’s a football problem.

 

[slowpoke]

The club costs millions to run. It’s not a case of what we want, any owner is going to have to put millions in because clubs at this level don’t break even really. I imagine the hope of any owner is promotion then either get costs back in the Prem or sell for enough to cover the losses.

That’s just the way the game works above L1 level sadly.

@9
Anybody know approximately how much it is to run ccfc from tea lady to manager I’d guess about 20million.using fag packet maths I estimate we take about £10 million in ticket sales, I think it’s £7mill tv money and then there’s corporate & advertising plus any incoming transfer money.

 

[shmmeee]

@9
Anybody know approximately how much it is to run ccfc from tea lady to manager I’d guess about 20million.using fag packet maths I estimate we take about £10 million in ticket sales, I think it’s £7mill tv money and then there’s corporate & advertising plus any incoming transfer money.

We don’t get anything like £10m in ticket sales. Fag packet: £10/ticket avg, 20k, 23 games, that’s £4.6m

 

[shmmeee]

Most clubs make most money from sponsorship and commercial, then TV, then matchday from what I can tell. Can’t really change TV money. The biggest pie we control is sponsorship and commercial.

 

[chiefdave]

can we not compare our accounts to other clubs in the championship with similar crowds and see what areas are revenues are lower?

 

[slowpoke]

We don’t get anything like £10m in ticket sales. Fag packet: £10/ticket avg, 20k, 23 games, that’s £4.6m

If the average is just £10 a ticket imo opinion that’s too cheap, I think it is £22 on the gate I’d say ST price should be a minimum £15 a ticket.
Would be controversial