D
Somewhere along the line the original purpose of joining the football league has been forgotten. The original idea was not to make money, but to play sport at the highest level possible.
Somewhere along the line the original purpose of joining the football league has been forgotten. The original idea was not to make money, but to play sport at the highest level possible. Not to get to a point where you can just about break even and be content with messing around in a lower league. The people from the original Singer FC must be turning in their graves. Our conversation is based on realism, but it is a strange one nevertheless - saying, in effect, that it is not worth getting promoted as it would be too expensive or risky.
Amazing how you, after years, still haven't grasped the basics.
The wage bill at that time was 20 times the rent. In fact the wage bill had been much larger than the total club revenue for years.
But hey carry on with your smug apologist agenda.
Amazing how you, after years, still haven't grasped the basics.
The wage bill at that time was 20 times the rent. In fact the wage bill had been much larger than the total club revenue for years.
But hey carry on with your smug apologist agenda.
So when we were paying £1.3m a year in rent we were also paying £26million in wages?
Didn't realise we were paying David Bell that much!
You'd still be selling a club that would be millions, if not tens of millions in debt. You'd get a £1 and most likely have to write of a good chunk of the debt.
So put in more cash to get to the Prem and then sell? I mean is that the only way they'll get their money back?
So put in more cash to get to the Prem and then sell? I mean is that the only way they'll get their money back?
If it were only so easy...... Throw 50m in and 2 years later take a 100m out......
the prem is light years away from where we are and other owners will also be putting money in. I think we should start at the beginning.... First of all our owners, Otium Entertainment, should aim to concentrate on their core business - entertainment. Drop the the JR and stadium "plans". Keep Mowbray and give him enough for a top 6 League 1 side ( as they supposedly did with SP ). Back him throughout the season - if we are doing well and he needs to sign someone he thinks will get us to the top, then invest. Let Mowbray be the main man making statements. Keep Waggot and Tim out of the limelight - apart from releasing good news statements e.g. We've dropped the JRs and have put the stadium plans on hold until we have increased our supporter base. Put money in, but wisely and as and if needed.
Isn't their core business asset development and disposal?
PS I'm not knocking that as the only viable means to keeping club going, it is just that I think that aim is currently higher priority for the owners than providing entertainment.
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