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Post by allan 1958 (OAF-WROY)(SSLFF) on Jan 20, 2020 21:46:34 GMT 1
I think most people are just repeating what they heard on the Podcast straight from PHs mouth. This was after the inexplicable hole in the finances that saw us shopping in the national league, league 2 and German 4th tier immediately after trousering >£200M and running the club carefully and frugally. If you know better; explain it, and if you haven't listened to the podcast, listen to it and report back before calling people turkeys  What did Phil mean if it wasnt what the turkeys assumed he meant? {i posted a quite dull analysis on the function and processes involved in a budget process for those who haven't been involved in a budget process}
By the way have you been involved in preparing a budget/business plan?
Phil's biggest mistake, so far, was talking finance to supporters who on the whole do not understand the vocabulary. People extrapolated and exaggerated an over simplified analysis of the current financial position. I don't believe it was a serious analysis by Phil just an exercise in limiting expectations.
I could be wrong and would have questions too if the club is financially shafted, i like any "customer" make my choices where i spend my money, i dont question the MD of Aldi over his financial strategy when eating his bread.
If you are saying there aren't turkeys on here talking crap, i would respectively disagree. I have suggested that the vitriol heaped on Dean and Phil should be moderated until more information is available.
People are just being overly simplistic, which is reasonable if they have no experience in finance. The blue is my response; cant make the edit work. |
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Post by Norn Iron Terrier on Jan 20, 2020 21:50:53 GMT 1
The green is my response; cant make the edit work. The green is making my eyes bleed trying to read it on my phone |
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Post by allan 1958 (OAF-WROY)(SSLFF) on Jan 20, 2020 23:09:27 GMT 1
The green is my response; cant make the edit work. The green is making my eyes bleed trying to read it on my phone I guess it should be blue  |
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Post by andyeastleake on Jan 21, 2020 20:19:33 GMT 1
Has he though ? Because I don't believe for one minute the fella who rescued us from Davys self sufficiency quote, Who put in what he put in has taken it all back, Or will want to. Even though folk are saying he has the right, Which he does as they were loans, But he wont as it was his toy !
I still cant see it myself, Totherwise we are back where we were, So he can forget about the cult hero statue status.
I do not believe nor have seen proof that Hoyle is taking all his brass back and retaining a quarter share, and renting us (Town ) the training facility ? It cannot be true.
Cyril, I really want everything you've written to be correct...... .........but TBH I'm struggling. If DH isn't taking back a significant proportion of his loans back (as he is perfectly entitled to do - telling someone else how to spend their money seems just WRONG to me), why are the club acting as though we're skint? ......because I don't think without the repayments we should be. |
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Post by Mastercracker on Jan 21, 2020 22:16:29 GMT 1
Has he though ? Because I don't believe for one minute the fella who rescued us from Davys self sufficiency quote, Who put in what he put in has taken it all back, Or will want to. Even though folk are saying he has the right, Which he does as they were loans, But he wont as it was his toy !
I still cant see it myself, Totherwise we are back where we were, So he can forget about the cult hero statue status.
I do not believe nor have seen proof that Hoyle is taking all his brass back and retaining a quarter share, and renting us (Town ) the training facility ? It cannot be true.
Cyril, I really want everything you've written to be correct...... .........but TBH I'm struggling. If DH isn't taking back a significant proportion of his loans back (as he is perfectly entitled to do - telling someone else how to spend their money seems just WRONG to me), why are the club acting as though we're skint? ......because I don't think without the repayments we should be. Maynard has said he is, so sadly it's not bollocks is it. |
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Post by royrace on Jan 22, 2020 15:44:02 GMT 1
Confirmed yet again on the Examiner pod, which is a very good listen btw, for anyone still with head stuck somewhere. The figure quoted was £60M not £50M. I would imagine they're trying to pay majority back in years one or two whilst still leaving us with a chance of building a half decent team. Phase one of the plan isn't exactly going brilliantly is it, might yet need a war chest for a L1 promotion push.
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Post by Frankiesleftpeg on Jan 22, 2020 16:37:15 GMT 1
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Post by Deleted on Jan 22, 2020 16:47:53 GMT 1
Let's see how long before it's corrected. |
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Post by tockyterrier on Jan 22, 2020 17:38:47 GMT 1
Let's see how long before it's corrected. I am thinking that the ground staff probrably work tirelessly. Cos it definately won't be effortlessy 😂 |
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Post by Deleted on Jan 22, 2020 17:48:55 GMT 1
Let's see how long before it's corrected. I am thinking that the ground staff probrably work tirelessly. Cos it definately won't be effortlessy 😂 With 18,980 days in a year it certainly won't be effortless.  |
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Post by Deleted on Jan 22, 2020 23:03:52 GMT 1
I am thinking that the ground staff probrably work tirelessly. Cos it definately won't be effortlessy 😂 With 18,980 days in a year it certainly won't be effortless. Another example of the sloppiness that pervades English usage these days. Don't get me started on imply and infer, which are absolutely NOT interchangeable. |
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Post by Deleted on Jan 24, 2020 21:30:05 GMT 1
Well its been changed. However it appears the training ground is now operational on all but one day this year. Wonder which day its closed down if its not any of the bank holidays?
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Post by tockyterrier on Jan 24, 2020 21:48:05 GMT 1
Well its been changed. However it appears the training ground is now operational on all but one day this year. Wonder which day its closed down if its not any of the bank holidays? Still calling the ground staff lazy buggers though. 🙈 |
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Post by kennyk2 on Jan 26, 2020 10:42:28 GMT 1
Still can't understand our transfer policy Huge net profit Season 1 in EPL Huge net profit in Season 2 in EPL Relegation clauses in ALL of our players contracts 25m income in player sales 65m income in parachute payment TK, half of Diabenza gone on loan Big Wagner salary off the wage bill Almost totally cleared out everyone that we acquired in the EPL ............. Still not a pound spent on a transfer fee except a lge 1 LB.. Why oh why haven't we got a winger, why has nobody been identified since May 2019 Why oh why are we so desperate to get rid of Mounie and haven't bought a replacement before we sell; we've got cash in the bank - right? ............. I'm not saying we do a villa and spend 85m in our first season down; or hold onto everyone like stoke/newcastle... but christ! Reading even spent 8m on a striker this season! We knew our problem positions a year ago Two things: 1. Perhaps we are keeping our transfer finances under wraps - no point in telling all and sundry how much brass we have. 2. When someone close to the club said that the money we got from the PL would keep us financially stable for 10 years then that is obviously our long term plan. Also, I suspect that the Championship will be a very different place in a few years, I think that some kind of implosion is imminent. I think that the idea may be to ride this  . This reply now moved to the finance thread. |
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Post by Deleted on Jan 26, 2020 13:53:48 GMT 1
"1. Perhaps we are keeping our transfer finances under wraps - no point in telling all and sundry how much brass we have"
Looks like we aren't telling anyone, as nobody is being bought at all!!!!!!!
Seriously though, it's inexcusable that we haven't brought in a LW, RW and we are praying that a youngster from Arsenal at 10 will keep us up.
Just madness and shocking management
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Post by allan 1958 (OAF-WROY)(SSLFF) on Jan 26, 2020 16:32:35 GMT 1
"1. Perhaps we are keeping our transfer finances under wraps - no point in telling all and sundry how much brass we have" Looks like we aren't telling anyone, as nobody is being bought at all!!!!!!! Seriously though, it's inexcusable that we haven't brought in a LW, RW and we are praying that a youngster from Arsenal at 10 will keep us up. Just madness and shocking management congratulations on maintaining a consistent quality in your posts. drivel should be the next level for you to attempt. |
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Post by tockyterrier on Jan 26, 2020 16:45:28 GMT 1
Profit from first season in EPL probably just about covered, thr £12m promotion bonuses and staying up bonuses.
Second season, wcommited to extending canalside after staying up.
Im not saying we don't have any money, but would people really feel better if we'd bought Campbell, Simpson and Stearman for a few million each? Woukd they be better players because of it? The wage bill at the beginning of the season was still probably twice what it was 3 years ago.
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Post by Million Dollar Babies on Jan 26, 2020 17:03:42 GMT 1
Profit from first season in EPL probably just about covered, thr £12m promotion bonuses and staying up bonuses. Second season, wcommited to extending canalside after staying up. Im not saying we don't have any money, but would people really feel better if we'd bought Campbell, Simpson and Stearman for a few million each? Woukd they be better players because of it? The wage bill at the beginning of the season was still probably twice what it was 3 years ago. I wouldn't be happy if we paid a few million for players that were without a club |
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Post by Up the Duff. on Jan 26, 2020 22:29:29 GMT 1
Profit from first season in EPL probably just about covered, thr £12m promotion bonuses and staying up bonuses. Second season, wcommited to extending canalside after staying up. Im not saying we don't have any money, but would people really feel better if we'd bought Campbell, Simpson and Stearman for a few million each? Woukd they be better players because of it? The wage bill at the beginning of the season was still probably twice what it was 3 years ago. Phil Hodgkinson the wage bill was double what it was the year we got promoted. That is unsustainable long term so should be reduced as we go, we need to be careful we don’t try and do it too quickly though. |
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Post by wigster on Jan 27, 2020 0:22:29 GMT 1
Profit from first season in EPL probably just about covered, thr £12m promotion bonuses and staying up bonuses. Second season, wcommited to extending canalside after staying up. Im not saying we don't have any money, but would people really feel better if we'd bought Campbell, Simpson and Stearman for a few million each? Woukd they be better players because of it? The wage bill at the beginning of the season was still probably twice what it was 3 years ago. So who paid for the Canalside development and does the club now own it ? |
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Post by tockyterrier on Jan 27, 2020 0:32:40 GMT 1
Profit from first season in EPL probably just about covered, thr £12m promotion bonuses and staying up bonuses. Second season, wcommited to extending canalside after staying up. Im not saying we don't have any money, but would people really feel better if we'd bought Campbell, Simpson and Stearman for a few million each? Woukd they be better players because of it? The wage bill at the beginning of the season was still probably twice what it was 3 years ago. So who paid for the Canalside development and does the club now own it ? my understanding is that Hoyle owns the land (freehold), but the club own the buildings / facilities and almost certainly are paying for the improvements. They pay a nominal rent to DH. It was done this way so that zooming couldn't buy in to the club and sell its assets and leave the club back training at Storths Hall again. |
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Post by Mastercracker on Jan 27, 2020 8:15:23 GMT 1
Profit from first season in EPL probably just about covered, thr £12m promotion bonuses and staying up bonuses. Second season, wcommited to extending canalside after staying up. Im not saying we don't have any money, but would people really feel better if we'd bought Campbell, Simpson and Stearman for a few million each? Woukd they be better players because of it? The wage bill at the beginning of the season was still probably twice what it was 3 years ago. Phil Hodgkinson the wage bill was double what it was the year we got promoted. That is unsustainable long term so should be reduced as we go, we need to be careful we don’t try and do it too quickly though. The wage bill was £12m the year we got promoted. If the plan is to go back there, then we might as well also plan for league 1 football because that is the highly likely result. The wage bill now must already be below £30m which really is astounding for a club 8 months out of the premier league. |
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Post by Deleted on Jan 27, 2020 8:40:59 GMT 1
Phil Hodgkinson the wage bill was double what it was the year we got promoted. That is unsustainable long term so should be reduced as we go, we need to be careful we don’t try and do it too quickly though. The wage bill was £12m the year we got promoted. If the plan is to go back there, then we might as well also plan for league 1 football because that is the highly likely result. The wage bill now must already be below £30m which really is astounding for a club 8 months out of the premier league. 3 years on, Championship TV money has increased, Parachute payments, 35m in transfer income this season yet we are using 2016 wage budget (Bottom 3 in the league budget at the time) as a bench mark as to where we should be structuring ourselves?! madness |
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Post by Mastercracker on Jan 27, 2020 9:51:49 GMT 1
The wage bill was £12m the year we got promoted. If the plan is to go back there, then we might as well also plan for league 1 football because that is the highly likely result. The wage bill now must already be below £30m which really is astounding for a club 8 months out of the premier league. 3 years on, Championship TV money has increased, Parachute payments, 35m in transfer income this season yet we are using 2016 wage budget (Bottom 3 in the league budget at the time) as a bench mark as to where we should be structuring ourselves?!madness Nobody has said we are. Note the word if. |
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Post by tockyterrier on Jan 27, 2020 19:24:24 GMT 1
Listened to a podcast yesterday that reviewed Swansea's approach to being relagated after 7? years in the premier league.
It sounds like we are using their approach to stabalise and rebuild a platform to get back up again over a couple of seasons, rather than the Newcastle approach.
Which seems sensible to me, cos for every Toon, there is a Blackburn, Stoke and Sunderland. Of course the ideal scenario is we do actually stay up this year too.
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Post by yappledapple on Jan 28, 2020 0:16:09 GMT 1
Anyone know anything about this?
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Post by artysid on Jan 28, 2020 11:32:49 GMT 1
No wonder we're skint. I dread to think just how much money we've squandered away on mango flavoured fizzy coconut water.
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Post by Mecha Corte on Jan 28, 2020 17:08:40 GMT 1
The wage bill was £12m the year we got promoted. If the plan is to go back there, then we might as well also plan for league 1 football because that is the highly likely result. The wage bill now must already be below £30m which really is astounding for a club 8 months out of the premier league. 3 years on, Championship TV money has increased, Parachute payments, 35m in transfer income this season yet we are using 2016 wage budget (Bottom 3 in the league budget at the time) as a bench mark as to where we should be structuring ourselves?! madness It seems that yourself and the others moaning we aren't spending £XYZ on transfer fees and wages keep missing the most important fact about the club, that is it is by definition a "small" club by Championship standards - lots of different ways to define a club's size, including trophies, fan base etc, we are small because our ability to raise revenue, the lifeblood of any modern football club, is small. We now are able to produce 20,000 attendance figures for home games, good enough to put us in the top 5 for this league instead of our usual bottom 5 position,however our 16,000 season cards at £250 are the equivalent of less than 10,000 at the likes of Wednesday, Forest, Derby, Beeston and the rest, we are a long way behind. You seem to delight in the fact our "potless" owner doesn't spend big, what do you suggest, double season card prices (and trust everyone stays on board) or throw ) £10M of his own money in, every season - the last bloke did that but gas been vilified for taking it back from the PL windfall that it earned. Maybe you've got the funds to put your money where your mouth is and gift the club £Millions, if you have I guarantee that you'll start getting a lot more likes on your ideas and a lot less people blocking you or calling you an annoying little div. |
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Post by Deleted on Jan 28, 2020 21:42:01 GMT 1
Listened to a podcast yesterday that reviewed Swansea's approach to being relagated after 7? years in the premier league. It sounds like we are using their approach to stabalise and rebuild a platform to get back up again over a couple of seasons, rather than the Newcastle approach. Which seems sensible to me, cos for every Toon, there is a Blackburn, Stoke and Sunderland. Of course the ideal scenario is we do actually stay up this year too. I think you’re half right. However there is zero chance we will be a Premier League club in the next 10 years. |
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Post by tockyterrier on Jan 28, 2020 21:43:26 GMT 1
Listened to a podcast yesterday that reviewed Swansea's approach to being relagated after 7? years in the premier league. It sounds like we are using their approach to stabalise and rebuild a platform to get back up again over a couple of seasons, rather than the Newcastle approach. Which seems sensible to me, cos for every Toon, there is a Blackburn, Stoke and Sunderland. Of course the ideal scenario is we do actually stay up this year too. I think you’re half right. However there is zero chance we will be a Premier League club in the next 10 years. Might be true........ But I said that 5 years ago 🤔 |
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What did Phil mean if it wasnt what the turkeys assumed he meant?
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