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Post by lifer49 on May 1, 2024 22:54:00 GMT 1
Cheapest Barnsley season tickets next season, £349 renewal, £379 new if bought now, £419 if bought later and they are one of the lower priced clubs. Bonus if they win playoffs. Blackpool £349 this season, Stevenage £340, port Vale £335 to be relegated by DM! Expectations need to be managed. Either our tickets are subsidised to stay at £250 at a cost of £100 per ticket, meaning £1,000,000 for 10,000 tickets. This is probably the equivalent of two decent additions to our squad. Or, we pay the going rate and KN funds the squad improvements. Expecting cheap tickets and a promotion push is a bit optimistic. Alternative is KN gets fed up of all the negative input, pulls out and we are left with? Probably £350/£400 tickets and another relegation battle.
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Post by townarentbest on May 1, 2024 23:29:40 GMT 1
Cheapest Barnsley season tickets next season, £349 renewal, £379 new if bought now, £419 if bought later and they are one of the lower priced clubs. Bonus if they win playoffs. Blackpool £349 this season, Stevenage £340, port Vale £335 to be relegated by DM! Expectations need to be managed. Either our tickets are subsidised to stay at £250 at a cost of £100 per ticket, meaning £1,000,000 for 10,000 tickets. This is probably the equivalent of two decent additions to our squad. Or, we pay the going rate and KN funds the squad improvements. Expecting cheap tickets and a promotion push is a bit optimistic. Alternative is KN gets fed up of all the negative input, pulls out and we are left with? Probably £350/£400 tickets and another relegation battle. Why do cheap tickets make thoughts of a promotion push optimistic? Bolton sold tickets cheaper than any you’ve quoted (and cheaper than ours), and are now in the play offs.
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Post by lifer49 on May 2, 2024 12:27:49 GMT 1
They are but they did not need to clear their squad out for the start of the season. How much did they spend? My point is that expecting cheap tickets and a squad overall to give us a chance at promotion at the same time is asking for a lot, presumably you expect KN to pay for all of it.
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Post by townarentbest on May 2, 2024 12:45:36 GMT 1
They are but they did not need to clear their squad out for the start of the season. How much did they spend? My point is that expecting cheap tickets and a squad overall to give us a chance at promotion at the same time is asking for a lot,. Bolton spent plenty for League 1 not just in transfer fee's, but signing on fees of free transfers who wouldnt have come for peanuts, along with 5 loan deals out of the Premier League and Championship that usually come with fee's. They brought in fifteen players this season, whilst collecting not a penny from the players they released (perhaps minimal fee's for players loaned, looking at where they loaned players to). My point is that expecting cheap tickets and a squad overhaul to give a chance of promotion at the same time is EXACTLY what Bolton have done this past season...with tickets CHEAPER than ours were this season and cheaper than ours will be next season (unless something unexpected happens). presumably you expect KN to pay for all of it. Incorrect presumption 🤷♂️ What I HOPE (rather than expect) is that KN and whoever it is that is advising on this, is going to recognise that keeping the ground full is going to give us the best chance of success, reflecting what David Threlfall-Sykes said a year ago...and the ONLY way of keeping the ground full is to retain the current pricing structure (which would definitely see at least some minimal reduction in attendance)...and look at the poorly performing retail and commercial sides of the business to make up and improve the overall income - thats where the gain and opportunity is to be found. Increase the price, crowds will drop even lower than they will, and the likelihood of increasing those other revenue streams drops. Personally speaking, if it were down to me, I'd be looking at a clearly defined one-off REDUCTION in season ticket prices - really smashing it with publicity and putting the hard work in to attract new fans (similar to what happened with the £100 season) - with clear messaging that after one season - tickets would return back to current levels, and then have considered increases in following seasons. Get the place buzzing and full every week, off the back of (hopefully) winning a few games too, and suddenly the retail side of things takes care of itself and the commercial becomes a much easier sell. All sorts of tools can be used to bash out those season ticket sales.....such as the carrot of £100 Premier League tickets if you've got a L1 season ticket next season and every season until we got there?? % discounts in store such as clubs like Bolton have done etc etc etc. But the incumbents seem to prefer a low-key approach, surprisingly so given Americans tend to be good at trumpet blowing - unless they're waiting to do a massive relaunch of the club and its ideology or something.
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Post by Sio on May 2, 2024 13:06:47 GMT 1
Cheapest Barnsley season tickets next season, £349 renewal, £379 new if bought now, £419 if bought later and they are one of the lower priced clubs. Bonus if they win playoffs. Blackpool £349 this season, Stevenage £340, port Vale £335 to be relegated by DM! Expectations need to be managed. Either our tickets are subsidised to stay at £250 at a cost of £100 per ticket, meaning £1,000,000 for 10,000 tickets. This is probably the equivalent of two decent additions to our squad. Or, we pay the going rate and KN funds the squad improvements. Expecting cheap tickets and a promotion push is a bit optimistic.
Alternative is KN gets fed up of all the negative input, pulls out and we are left with? Probably £350/£400 tickets and another relegation battle. We've had cheap tickets and two Championship promotion pushes in the past 7 years - why can't that system work again?
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mallyb
Darren Bullock Terrier
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Post by mallyb on May 2, 2024 13:37:28 GMT 1
They are but they did not need to clear their squad out for the start of the season. How much did they spend? My point is that expecting cheap tickets and a squad overall to give us a chance at promotion at the same time is asking for a lot,. Bolton spent plenty for League 1 not just in transfer fee's, but signing on fees of free transfers who wouldnt have come for peanuts, along with 5 loan deals out of the Premier League and Championship that usually come with fee's. They brought in fifteen players this season, whilst collecting not a penny from the players they released (perhaps minimal fee's for players loaned, looking at where they loaned players to). My point is that expecting cheap tickets and a squad overhaul to give a chance of promotion at the same time is EXACTLY what Bolton have done this past season...with tickets CHEAPER than ours were this season and cheaper than ours will be next season (unless something unexpected happens). presumably you expect KN to pay for all of it. Incorrect presumption 🤷♂️ What I HOPE (rather than expect) is that KN and whoever it is that is advising on this, is going to recognise that keeping the ground full is going to give us the best chance of success, reflecting what David Threlfall-Sykes said a year ago...and the ONLY way of keeping the ground full is to retain the current pricing structure (which would definitely see at least some minimal reduction in attendance)...and look at the poorly performing retail and commercial sides of the business to make up and improve the overall income - thats where the gain and opportunity is to be found. Increase the price, crowds will drop even lower than they will, and the likelihood of increasing those other revenue streams drops. Personally speaking, if it were down to me, I'd be looking at a clearly defined one-off REDUCTION in season ticket prices - really smashing it with publicity and putting the hard work in to attract new fans (similar to what happened with the £100 season) - with clear messaging that after one season - tickets would return back to current levels, and then have considered increases in following seasons. Get the place buzzing and full every week, off the back of (hopefully) winning a few games too, and suddenly the retail side of things takes care of itself and the commercial becomes a much easier sell. All sorts of tools can be used to bash out those season ticket sales.....such as the carrot of £100 Premier League tickets if you've got a L1 season ticket next season and every season until we got there?? % discounts in store such as clubs like Bolton have done etc etc etc. But the incumbents seem to prefer a low-key approach, surprisingly so given Americans tend to be good at trumpet blowing - unless they're waiting to do a massive relaunch of the club and its ideology or something. Bolton have different prices in different parts of the ground. Their cheapest were cheaper than ours for renewing tickets but everything else was higher. We are not going to fill the ground after relegation. How do I know this? The last 2 home games were effectively playoffs to get into the championship but didn't sell like playoff tickets would. Some fans have had enough so cheap tickets aren't going to bring them back, they've been so cheap people buy and don't bother turning up, it creates apathy. Great product will bring them back and that requires investment. Nobody wants to pay more for anything, I get that. But we need to get used to more realistic prices. When I first had a season ticket it was worth about 3 free tickets a season, now its about half the tickets are free. Not a sustainable model. Bolton were in the playoffs last season so perhaps didn't need the overhaul that we need. Stockport renewal £435 Wrexham £374/340 Barnsley £379 early bird renewal new customer £419 Blackpool last year £349 I could go on but all league one teams are in this range, even in poor northern towns. Kevin will be doing the heavy lifting but I think it's reasonable to expect fans to pay a bit more. I don't accept it's not affordable it's about priorities and some people feeling they are owed something after a poor season. I agree with you the club has to maximise commercial revenue. I believe they have to maximise all commercial revenue, you seem to think everybody should pay more as long as you dont have to. I think that attitude stinks.
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mallyb
Darren Bullock Terrier
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Post by mallyb on May 2, 2024 13:59:41 GMT 1
Cheapest Barnsley season tickets next season, £349 renewal, £379 new if bought now, £419 if bought later and they are one of the lower priced clubs. Bonus if they win playoffs. Blackpool £349 this season, Stevenage £340, port Vale £335 to be relegated by DM! Expectations need to be managed. Either our tickets are subsidised to stay at £250 at a cost of £100 per ticket, meaning £1,000,000 for 10,000 tickets. This is probably the equivalent of two decent additions to our squad. Or, we pay the going rate and KN funds the squad improvements. Expecting cheap tickets and a promotion push is a bit optimistic.
Alternative is KN gets fed up of all the negative input, pulls out and we are left with? Probably £350/£400 tickets and another relegation battle. We've had cheap tickets and two Championship promotion pushes in the past 7 years - why can't that system work again? Because it doesn't. Around those 2 lightning strike seasons we have fought relegation every year. Who know's if we paid more maybe we would have had that extra player and we win the Forrest playoff. Its 20 years since Bradford were above the 3rd tier with low prices. Dean did great things for the club and you can understand the logic from his perspective with the card factory background of cheap tickets, but sport is a premium product and perhaps the single biggest mistake was not ALex Pritchard but getting the fan based hooked on cheap tickets. The cheap tickets have devalued the product of HTAFC and the constant talk of little Huddersfield. We have to start building the value of the brand again. I think the budget brand approach affects all revenue streams. Companies want to sponsor and be associated with premium products and that hasn't been our brand for years. I believe it was (to answer your next question) when we were 2nd tier, new stadium and panasonic sponsors. I believe KN wants to take us back there but we need to back him, not blame him.
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Post by Ginger Ogre on May 2, 2024 14:41:16 GMT 1
I very much doubt there will a direct correlation between season ticket prices and how a club performs on the pitch given that at Championship level match day revenue is only around 15% of a clubs overall income on a season by season basis.
Ultimately its how any revenue into the club is managed, and alongside very poor performances on the field, one of the major problems Town have created for themselves is that a lot of fans simply no longer trust to club to make best use of the money that it brings in.
You've only got to look over the past couple of seasons to evidence this.
Many managers have come in that have simply not been worth the money that will have had to pay them. In the latest set of accounts it was noted that nearly £1m was paid in managerial compensation, and that was before Warnock and Moore were let go.
Then you look at the players we have brought in.
Last season just look to Simpson, Vaclik, Nakayama, Mahoney, Kamberi, Boyle, Knockaert, Lowton, Waghorn. All awful/injury prone players that although came for free on load certainly wont have played for nothing.
This season its a similar tale. Healey, Radulovic, Balker, Wiles, Edwards. Another lot of money that has been spent and, so far returned absolutely nothing.
The club cant waste so much money on a regular basis and produce return in nothing, then cry the poor tale and expect supporters to stump up extra in the HOPE that this time the club may make better decisions. Its almost insulting to ask fans for more money given the state of the place at the moment.
The club have to hold their hands up and admit they have underperformed massively over the past 2 seasons and its now up to them the entice fans back down.
They need to put their money where their mouths are and be pre-active over the summer in to prove to fans their intentions and that they are serious about getting this club back to The Championship at the first opportunity.
There should be one price until the summer transfer window shuts. That way fans have an opportunity to see what the club has done to address the rot that has set in, because at the moment if the club are simply relying on good will from fans they will have a massive shock when the tickets go on sale and numbers are drastically down.
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Post by dugnet on May 2, 2024 14:48:22 GMT 1
I very much doubt there will a direct correlation between season ticket prices and how a club performs on the pitch given that at Championship level match day revenue is only around 15% of a clubs overall income on a season by season basis. Ultimately its how any revenue into the club is managed, and alongside very poor performances on the field, one of the major problems Town have created for themselves is that a lot of fans simply no longer trust to club to make best use of the money that it brings in. You've only got to look over the past couple of seasons to evidence this. Many managers have come in that have simply not been worth the money that will have had to pay them. In the latest set of accounts it was noted that nearly £1m was paid in managerial compensation, and that was before Warnock and Moore were let go. Then you look at the players we have brought in. Last season just look to Simpson, Vaclik, Nakayama, Mahoney, Kamberi, Boyle, Knockaert, Lowton, Waghorn. All awful players that although came for free on load certainly wont have played for nothing. This season its a similar tale. Healey, Radulovic, Balker, Wiles, Edwards. Another lot of money that has been spent and, so far returned absolutely nothing. The club cant waste so much money on a regular basis and return nothing, then cry the poor tale and expect supporters to stump up extra in the HOPE that this time the club may make better decisions. Its almost insulting to ask fans for more money given the state of the place at the moment. The club have to hold their hands up and admit they have underperformed massively over the past 2 seasons and its now up to them the entice fans back down. They need to put their money where their mouths are and be pre-active over the summer in to prove to fans their intentions and that they are serious about getting this club back to The Championship at the first opportunity. There should be one price until the summer transfer window shuts. That way fans have an opportunity to see what the club has done to address the rot that has set in, because at the moment if the club are simply relying on good will from fans they will have a massive shock when the tickets go on sale and numbers are drastically down. Although I realistically expect prices to increase this is a very well argued position that the club, or more accurately those in charge, need to consider and, potentially, acknowledge. I won't be readily renewing until I hear something that I believe is going to try,noting that nothing is guaranteed, take us forward. Big week for communications next week. I hope they've got their ducks lined up.
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Post by townarentbest on May 2, 2024 15:19:37 GMT 1
Bolton have different prices in different parts of the ground. Their cheapest were cheaper than ours for renewing tickets but everything else was higher. Boltons pricing this season just finishing was £219 (in equivalent of our South Stand), £269 (in the lower tiers down the sides) and £289 (upper tiers). ...the vast majority of which therefore sit in the range of being from £30 cheaper, up to £20 more expensive than ours...ie - THEY WERE THE SAME. Bolton have different prices in different parts of the ground. Their cheapest were cheaper than ours for renewing tickets but everything else was higher. We are not going to fill the ground after relegation. How do I know this? The last 2 home games were effectively playoffs to get into the championship but didn't sell like playoff tickets would. Some fans have had enough so cheap tickets aren't going to bring them back, they've been so cheap people buy and don't bother turning up, it creates apathy. Great product will bring them back and that requires investment. Correct, we aren't going to fill the ground. Keeping the same pricing is with 100% certainty going to result in a fuller ground than increasing the pricing. Reducing the pricing with 100% certainty would result in a fuller ground than keeping pricing the same or increasing it...especially if properly backed and message got out by an actual marketing spend locally. All three options (increasing, keeping static, or reducing) are going to result in pretty similar incomes... 15,000 * 200 = 3m 13,500 * 250 = 3.3m 10,000 * 350 = 3.5m There's NOTHING between them...especially when you factor in 23 games means another 100,000 footfall across a season comparing 10,000 to 15,000. If an average season ticket punter is worth £5 per game in ancillary stuff due to spend on merch and food etc, then there's even close to zero difference between the two extremes. I would argue that 16,500 * 100 = 1.65m ...would potentially make sense, especially if there's a hope of instant promotion. Lose the current regular fan base this summer and they're lost, irrespective of promotion. Retain them in a "£100 in League 1 - We shouldnt have suffered like we did, its down to mismanagement on and off the pitch, this is a bit of payback" gesture...then we're coming back to £250, and will edge up to £350 over the following three years, oh, and if we end up in the PL we'll repeat the £100 deal for those who've joined the pricing sandwich, then we lose a much lower amount of fans when the pricing is announced next week than we might otherwise do. Nobody wants to pay more for anything, I get that. But we need to get used to more realistic prices. When I first had a season ticket it was worth about 3 free tickets a season, now its about half the tickets are free. Not a sustainable model. Bolton were in the playoffs last season so perhaps didn't need the overhaul that we need. When you first had a season ticket, clubs in the Championship were pocketing less than £1m a season from the TV deal, clubs were turning over less than 10% of what well run clubs bring in with retail and commercial now. The paying fans contribution has become less significant. & as mentioned Bolton DID have a overhaul, they brought in 15 players, including using the loan market effectively. I agree with you the club has to maximise commercial revenue. I believe they have to maximise all commercial revenue, you seem to think everybody should pay more as long as you dont have to. I think that attitude stinks. You're opinion of what I think is incorrect - I'll happily pay more if I think the product is worth it*, it doesnt make much difference to me as an individual what the cost is, I'm pretty certain it will remain affordable to me. What I'm thinking about is the wider picture and the fan base at large. *And whats NOT worth it, is if the price was whacked up to £399 (for example), and we get into June and find we're looking for a new manager, and numbers of renewals are down close to 10 to 12,000, because...the ground is DISMAL when its that empty. (it used to be quite entertaining with attendances of around 12,000 in the early days in and around the South end of the Kilner Bank - but being honest, I'm just not interested in watching football amongst that kind of sparse attendance in a 20,000 capacity stadium with the way that crowd behaviours have changed over the last 25+ years - it would be tedious).
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Post by softboy on May 2, 2024 16:22:50 GMT 1
A bit of a catch22 for the club. Significant increase and sales may plummet, slight increase and would probably reduce numbers anyway. Stay the same and could still go down if a lot is to be believed. Personally If I was the club I’d increase by say 50 for 2/4 weeks only and see how sales progress and take it from there.
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goodbet
Andy Booth Terrier
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Post by goodbet on May 4, 2024 20:47:55 GMT 1
I very much doubt there will a direct correlation between season ticket prices and how a club performs on the pitch given that at Championship level match day revenue is only around 15% of a clubs overall income on a season by season basis. Ultimately its how any revenue into the club is managed, and alongside very poor performances on the field, one of the major problems Town have created for themselves is that a lot of fans simply no longer trust to club to make best use of the money that it brings in. You've only got to look over the past couple of seasons to evidence this. Many managers have come in that have simply not been worth the money that will have had to pay them. In the latest set of accounts it was noted that nearly £1m was paid in managerial compensation, and that was before Warnock and Moore were let go. Then you look at the players we have brought in. Last season just look to Simpson, Vaclik, Nakayama, Mahoney, Kamberi, Boyle, Knockaert, Lowton, Waghorn. All awful players that although came for free on load certainly wont have played for nothing. This season its a similar tale. Healey, Radulovic, Balker, Wiles, Edwards. Another lot of money that has been spent and, so far returned absolutely nothing. The club cant waste so much money on a regular basis and return nothing, then cry the poor tale and expect supporters to stump up extra in the HOPE that this time the club may make better decisions. Its almost insulting to ask fans for more money given the state of the place at the moment. The club have to hold their hands up and admit they have underperformed massively over the past 2 seasons and its now up to them the entice fans back down. They need to put their money where their mouths are and be pre-active over the summer in to prove to fans their intentions and that they are serious about getting this club back to The Championship at the first opportunity. There should be one price until the summer transfer window shuts. That way fans have an opportunity to see what the club has done to address the rot that has set in, because at the moment if the club are simply relying on good will from fans they will have a massive shock when the tickets go on sale and numbers are drastically down. Although I realistically expect prices to increase this is a very well argued position that the club, or more accurately those in charge, need to consider and, potentially, acknowledge. I won't be readily renewing until I hear something that I believe is going to try,noting that nothing is guaranteed, take us forward. Big week for communications next week. I hope they've got their ducks lined up. I am not a someone who pays too much attention to communications from the club, because they are are about selling the image not providing information. Take the video's for example, the image did not match the club had this season at all. I will be waiting for actions to judge where the club is next season before I decide to return next year.
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Post by BlueValour on May 4, 2024 22:47:29 GMT 1
They are but they did not need to clear their squad out for the start of the season. How much did they spend? My point is that expecting cheap tickets and a squad overall to give us a chance at promotion at the same time is asking for a lot, presumably you expect KN to pay for all of it. KN is apparently a multi-billionaire so for him to pay for a squad rebuild would not be an issue for him. What is more pertinent are the restrictions posed by the FFP regulations. Higher revenues provide more headroom for expenditure on players.
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boooothy
Jimmy Glazzard Terrier
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Post by boooothy on May 4, 2024 22:55:58 GMT 1
They are but they did not need to clear their squad out for the start of the season. How much did they spend? My point is that expecting cheap tickets and a squad overall to give us a chance at promotion at the same time is asking for a lot, presumably you expect KN to pay for all of it. KN is apparently a multi-billionaire so for him to pay for a squad rebuild would not be an issue for him. What is more pertinent are the restrictions posed by the FFP regulations. Higher revenues provide more headroom for expenditure on players. This is so obvious. Why can people not see this? What’s a million pounds? It will just pay Danny Ward! No it doesn’t it allows the owner to spend considerably more.
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Post by Henry Mcgee on May 5, 2024 11:49:38 GMT 1
This is from a few years ago on League 1 FFP rules. If these rules still apply then Nagle can spend as much as he wants next season - providing he gifts the money to the club rather than loans it. "Clubs in the League 1 and League 2 operate within a Spending Constraint framework termed Salary Cost Management Protocol (SMCP). SCMP limits spending on player wages to a percentage of club Turnover. In League 1 clubs can spend a maximum of 60% of their turnover on wages - in League 2, the limit is 55%. There are no restrictions (in themselves) on the amount a club can lose or spend on transfer fees." ... and now the IMPORTANT bit ... "However the Football League use a broader definition of Turnover. Crucially, the FL Turnover figure includes donations from the owners to the club and injections of equity. Loans from club owners are understandably not included in the Turnover figure as these would result in growing club debts. In League 1 and League 2, a wealthy owner can therefore fund the club spending in a way that is not permitted in other divisions." www.financialfairplay.co.uk/scmp.php
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Post by aloadofdbullocks on May 5, 2024 16:36:49 GMT 1
Town fans still arguing for higher prices on these pages. Just stop it. It’s beyond belief.
Why do you want Town fans to either 1) pay more or 2)decide to not pay at all (because that will happen if we increase prices). Both options penalise us Town fans.
Just look at the attendances of all the clubs quoted with higher prices - terrible - is that what you want with Town, a half empty stadium with in effect no extra revenue gained?
All this comparison with cheap branded goods and talk of devalued brand is ridiculous. It’s for a football match not a designer watch for chuffs sake.
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Post by Sio on May 5, 2024 16:42:32 GMT 1
They are but they did not need to clear their squad out for the start of the season. How much did they spend? My point is that expecting cheap tickets and a squad overall to give us a chance at promotion at the same time is asking for a lot, presumably you expect KN to pay for all of it. KN is apparently a multi-billionaire so for him to pay for a squad rebuild would not be an issue for him. What is more pertinent are the restrictions posed by the FFP regulations. Higher revenues provide more headroom for expenditure on players. Do we actually have any evidence that Nagle is as wealthy as everyone has assumed..?
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digs
Andy Booth Terrier
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Post by digs on May 5, 2024 16:50:40 GMT 1
KN is apparently a multi-billionaire so for him to pay for a squad rebuild would not be an issue for him. What is more pertinent are the restrictions posed by the FFP regulations. Higher revenues provide more headroom for expenditure on players. Do we actually have any evidence that Nagle is as wealthy as everyone has assumed..? You don't give away air fryers if you aren't minted
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Post by Million Dollar Babies on May 5, 2024 16:58:19 GMT 1
Why have they still not announced the prices?
The fact they haven't makes you think it's bad news so they're leaving it as late as possible
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crux
Andy Booth Terrier
[M0:0]
Posts: 3,891
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Post by crux on May 5, 2024 16:58:42 GMT 1
KN is apparently a multi-billionaire so for him to pay for a squad rebuild would not be an issue for him. What is more pertinent are the restrictions posed by the FFP regulations. Higher revenues provide more headroom for expenditure on players. Do we actually have any evidence that Nagle is as wealthy as everyone has assumed..? It's hard to estimate how much he's actually worth, whether it's into billions or high millions, but he's not skint. You don't employ your own personal accountant and travel across the Atlantic by private jet (even rented for each trip) without having a certain amount of cash!
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Post by joeyjoneslocker on May 5, 2024 17:01:05 GMT 1
KN is apparently a multi-billionaire so for him to pay for a squad rebuild would not be an issue for him. What is more pertinent are the restrictions posed by the FFP regulations. Higher revenues provide more headroom for expenditure on players. Do we actually have any evidence that Nagle is as wealthy as everyone has assumed..? The guy sold a stake in Sacramento Kings for over $6 to $8 billion.
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Post by aloadofdbullocks on May 5, 2024 17:12:29 GMT 1
This is from a few years ago on League 1 FFP rules. If these rules still apply then Nagle can spend as much as he wants next season - providing he gifts the money to the club rather than loans it. "Clubs in the League 1 and League 2 operate within a Spending Constraint framework termed Salary Cost Management Protocol (SMCP). SCMP limits spending on player wages to a percentage of club Turnover. In League 1 clubs can spend a maximum of 60% of their turnover on wages - in League 2, the limit is 55%. There are no restrictions (in themselves) on the amount a club can lose or spend on transfer fees." ... and now the IMPORTANT bit ... "However the Football League use a broader definition of Turnover. Crucially, the FL Turnover figure includes donations from the owners to the club and injections of equity. Loans from club owners are understandably not included in the Turnover figure as these would result in growing club debts. In League 1 and League 2, a wealthy owner can therefore fund the club spending in a way that is not permitted in other divisions." www.financialfairplay.co.uk/scmp.phpIf that still applies let’s hope that Billionaire Nagle is familiar with the concept of “you have got to speculate to accumulate”. 😀
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Post by Tim Nice But Dim on May 5, 2024 17:16:14 GMT 1
KN is apparently a multi-billionaire so for him to pay for a squad rebuild would not be an issue for him. What is more pertinent are the restrictions posed by the FFP regulations. Higher revenues provide more headroom for expenditure on players. Do we actually have any evidence that Nagle is as wealthy as everyone has assumed..? My belief was that Mr Nagle is the head of a consortium who bought Huddersfield Town, that is what i was told but i don't know.
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Post by joeyjoneslocker on May 5, 2024 17:24:46 GMT 1
Do we actually have any evidence that Nagle is as wealthy as everyone has assumed..? My belief was that Mr Nagle is the head of a consortium who bought Huddersfield Town, that is what i was told but i don't know. Pretty sure that’s right. Either way, Mr Nagle and/or consortium should have finances able to sustain our club for a period of time and back us in our immediate return to Championship 😀
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Post by BlueValour on May 5, 2024 17:46:36 GMT 1
KN is apparently a multi-billionaire so for him to pay for a squad rebuild would not be an issue for him. What is more pertinent are the restrictions posed by the FFP regulations. Higher revenues provide more headroom for expenditure on players. Do we actually have any evidence that Nagle is as wealthy as everyone has assumed..? He sold a stake in the Sacramento Kings for £6.7bn so he has that on top of his other wealth.
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Post by Million Dollar Babies on May 5, 2024 18:02:45 GMT 1
Do we actually have any evidence that Nagle is as wealthy as everyone has assumed..? He sold a stake in the Sacramento Kings for £6.7bn so he has that on top of his other wealth. Nonsense
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Post by Fish & Chips on May 5, 2024 18:27:43 GMT 1
Do we actually have any evidence that Nagle is as wealthy as everyone has assumed..? My belief was that Mr Nagle is the head of a consortium who bought Huddersfield Town, that is what i was told but i don't know. I seem to recall that the consortium didn't work out, so Kev continued the purchase on his own. I may be wrong, but I'm almost sure I read it here somewhere.
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goodbet
Andy Booth Terrier
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Post by goodbet on May 5, 2024 19:06:03 GMT 1
What matters is how much will he invest in the club if he has £100M or £8bn.
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Morning Norwood
Tom Cowan Terrier
Always look on the bright side of life
Posts: 717
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Post by Morning Norwood on May 5, 2024 19:11:34 GMT 1
What matters is how much will he invest in the club if he has £100M or £8bn. Easy to spend someone else’s money?
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goodbet
Andy Booth Terrier
Posts: 3,909
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Post by goodbet on May 5, 2024 19:18:18 GMT 1
What matters is how much will he invest in the club if he has £100M or £8bn. Easy to spend someone else’s money? Who mentioned him spending money that was not his choice. Whatever his wealth he will have some limit that he will be willing to invest in Town it may be a lot it may be a little, but it will be KN choice. I just hope that he doesn't decide to try have get it back like Dean did, if he wastes it all on rubbish transfers.
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