Reality Statement from Wycombe (2 Viewers)

Mcbean

Well-Known Member
An update from Rob Couhig

Interesting comments on the loan player i would expect something from Coventry at some point - it has and will effect us similar to this !
 

ccfcricoh

Well-Known Member
A very well written and impactful statement.

Makes the morons at Tranmere/Peterborough/Ipswich look even worst.

Also makes you wonder what they will do without non playing staff if they all leave.
 

Sky Blue Pete

Well-Known Member
Yep for me for that alone I think stop season ppg and Wycombe can have a play off at the expense of Peterborough
 

Nick

Administrator
Today, we have informed all our non-football staff presently on furlough that their pay will be limited to that which we receive from the furlough plan. Through May 31, everyone has received 100% of their pay. The Club has made up the difference. Going forward, these furloughed employees will receive 80% of their salary with a maximum payment of £2500 per month. We are also recommending that they begin the search for alternative employment once furlough ends.

They are going to lay off all non football staff?
 

Mcbean

Well-Known Member
They are going to lay off all non football staff?
I think they will only get 80% of the max if they get that much - if Wycombe have been making it up to 100% it might be that the players help out - however he has said that they should look for other jobs if that makes it difficult for them to provide for their family
 

Legia Sky Blue

Well-Known Member
What other streams of revenue do Wycombe get, other than on a match day? £1m seems a steep loss for a team averaging 5k crowds, half of which are probably season ticket holders, and with only about 5 home games to play.
 

Legia Sky Blue

Well-Known Member
............but the article says they have lost revenue of £1m! Players wages are an expense, so what is that £1m lost revenue made up of? While accepting I don't know the ins and outs of Wycombe's business, on the face of it that figure seems quite an exaggeration. Potential gate receipts from their remaining fixtures would probably only amount to a quarter of that figure. but even factoring in some sponsorship losses too revenue losses wouldn't get near £1m.
 

higgs

Well-Known Member
If they get promoted that's 6 points for us next season

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Mcbean

Well-Known Member
............but the article says they have lost revenue of £1m! Players wages are an expense, so what is that £1m lost revenue made up of? While accepting I don't know the ins and outs of Wycombe's business, on the face of it that figure seems quite an exaggeration. Potential gate receipts from their remaining fixtures would probably only amount to a quarter of that figure. but even factoring in some sponsorship losses too revenue losses wouldn't get near £1m.
True - maybe they had some tv money coming ?
 

Fergusons_Beard

Well-Known Member
Did anyone listen to the Price of Football podcast who had Shrewsbury CEO on basically saying that it’s a half million pound loss before a ball is kicked?




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Mcbean

Well-Known Member
It may be when the vote comes the practical reality for some teams will show in their vote - while I know it’s not exciting we (Robins) has done enough
 

SAJ

Well-Known Member
............but the article says they have lost revenue of £1m! Players wages are an expense, so what is that £1m lost revenue made up of? While accepting I don't know the ins and outs of Wycombe's business, on the face of it that figure seems quite an exaggeration. Potential gate receipts from their remaining fixtures would probably only amount to a quarter of that figure. but even factoring in some sponsorship losses too revenue losses wouldn't get near £1m.
Would have thought it was more than a quarter. If they averaged 6000 fans at a match At an average cost of say £20 that’s 120k times 5 remaining matches plus food and drink which at Wycombe given the food village available there I guess is a reasonable amount. Plus the parking on the hill at £5 a car. Whilst I can’t see it being a million 1/2. - 3/4 I would have thought reasonable.
 

Legia Sky Blue

Well-Known Member
They average less than 6,000, but even given if they did have those crowds, its probably fair to assume that at least 2,000 are season ticket holders who have already paid their money, of whom I would have thought very few would be demanding a refund for a curtailed season. Not everyone of the remaining 4,000 will be paying full price either, so an average ticket price is probably nearer £15 for those 4,000 extras. So £15 x 4,000 x 5 matches = £300k. I think £2.50 a head on F&B is a fairly generous estimate, as I imagine the majority don't purchase anything, and lets say 1,000 cars paying £5 a pop, would all total about another 100k. All that is still nowhere near £1m.

The point of all this is, that it seems to me that their chairman is politicking in exactly the same way as Tranmere and Peterborough have been, for his own purposes, albeit with more subtlety. He seems to be exaggerating his revenue losses by doubling what is probably the true figure, in order to deflect some of the criticism his club have taken over their stance to vote against the continuation of the regular season while still wanting to be part of any play off scenario. I don't know why he's done it as a £500k revenue loss will still be recognised as a significant loss for a club like Wycombe, but exaggerating his potential losses weakens his credibility in my opinion.
 

Johnnythespider

Well-Known Member
If they are telling non playing staff to look for alternative employment when the furlough scheme ends will they not need to make them redundant
 

wingy

Well-Known Member
Didn't think of it like that, good point
Certainly from a different background to our current competitor's .
Or was it the last economic failure led to tightening the purse strings Lol .
I'm all over the place but would like to think it would be the better side in the first post.
 

covboy1987

Well-Known Member
What other streams of revenue do Wycombe get, other than on a match day? £1m seems a steep loss for a team averaging 5k crowds, half of which are probably season ticket holders, and with only about 5 home games to play.
As of september last year (as reported in a study by consultancy uk) the average revenues for clubs in league one was 6 million a year and league two 4 million a year - which works out on average £500,000 a month in league one - Wycombe being the lower end of the scale in size of club -£350,000 would be about correct
 

bawtryneal

Well-Known Member
SISU are banking on the additional £5.5 million income next season.
Without that I expect we would be in deep shit.
 

bawtryneal

Well-Known Member
I expect Wycombe,Fleetwood and Oxford will have to make a major decision if they can afford to compete in the play offs.
With a 25% chance do you roll the dice.
Maybe that is a way that Peterborough may make the play offs.
 
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