wigster
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Post by wigster on Apr 3, 2020 21:50:32 GMT 1
"To me, to simplify the whole thing down-
Man gives business £45m... business does extremely well from that money, making itself an extra £300m income in the process....business pays man back £35m.
The patrons of the business might have complaints about how they spent all that extra money, but I don;t think theres any grounds to complain about the deal overall. Far from it."
"gives"? Capn "gives" ?? Were you fooled as well ?
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Post by Captainslapper on Apr 4, 2020 0:09:09 GMT 1
"To me, to simplify the whole thing down- Man gives business £45m... business does extremely well from that money, making itself an extra £300m income in the process....business pays man back £35m. The patrons of the business might have complaints about how they spent all that extra money, but I don;t think theres any grounds to complain about the deal overall. Far from it." "gives"? Capn "gives" ?? Were you fooled as well ? Didn;t mean 'gives' as in a gift.. I meant 'puts into' the club. Substitute 'loans' if you like, there still nothing to moan about in that deal. |
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Post by Deleted on Apr 4, 2020 9:21:13 GMT 1
Business is business. Let’s be honest though, DH is taking a vast amount of money out of a profitable business and getting the government to pay his staff’s wages. In that regard, he is no different from Philip Green or Richard Branson in looking after themselves whilst the taxpayer is forced to look after everyone else.
He could easily defer his repayments and pay his own staff instead, allowing taxpayers money to go to those who actually need it.
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wigster
Andy Booth Terrier
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Post by wigster on Apr 4, 2020 11:03:12 GMT 1
"To me, to simplify the whole thing down- Man gives business £45m... business does extremely well from that money, making itself an extra £300m income in the process....business pays man back £35m. The patrons of the business might have complaints about how they spent all that extra money, but I don;t think theres any grounds to complain about the deal overall. Far from it." "gives"? Capn "gives" ?? Were you fooled as well ? Didn;t mean 'gives' as in a gift.. I meant 'puts into' the club. Substitute 'loans' if you like, there still nothing to moan about in that deal. Chill a bit Cap'n - I was joking. As for the deal we've discussed before/will agree to differ. |
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Post by Captainslapper on Apr 4, 2020 15:39:48 GMT 1
Im not 'unchilled' mate  Sorry if it read like I was. |
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Post by Captainslapper on Apr 4, 2020 15:41:24 GMT 1
Business is business. Let’s be honest though, DH is taking a vast amount of money out of a profitable business and getting the government to pay his staff’s wages. In that regard, he is no different from Philip Green or Richard Branson in looking after themselves whilst the taxpayer is forced to look after everyone else. He could easily defer his repayments and pay his own staff instead, allowing taxpayers money to go to those who actually need it. Which staffs wages do you mean? |
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Post by rothwellterrier on Apr 6, 2020 8:02:36 GMT 1
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Post by Deleted on Apr 6, 2020 14:43:41 GMT 1
Business is business. Let’s be honest though, DH is taking a vast amount of money out of a profitable business and getting the government to pay his staff’s wages. In that regard, he is no different from Philip Green or Richard Branson in looking after themselves whilst the taxpayer is forced to look after everyone else. He could easily defer his repayments and pay his own staff instead, allowing taxpayers money to go to those who actually need it. Which staffs wages do you mean? Must be “The Works” employees??? 🤷♂️ |
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Post by overtonterrierspirit on Apr 16, 2020 18:10:49 GMT 1
Interesting article in the Daily Mail yesterday.
Report on Club Finances particular mentioned Macclesfield, Bolton and Huddersfield as being in financial difficulty.
The report cited the reason for our plight as being caused by using parachute payments to fund the takeover deal.
I don’t particularly like the Mail but their sport reporting is usually quite good.
Brilliant to read that we are being mentioned in the same sentence as Macclesfield!
No link - I read the hard copy.
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Post by Headless Chicken on Apr 16, 2020 18:48:02 GMT 1
Interesting article in the Daily Mail yesterday. Report on Club Finances particular mentioned Macclesfield, Bolton and Huddersfield as being in financial difficulty. The report cited the reason for our plight as being caused by using parachute payments to fund the takeover deal. I don’t particularly like the Mail but their sport reporting is usually quite good. Brilliant to read that we are being mentioned in the same sentence as Macclesfield! No link - I read the hard copy. Wouldn't normally comment on an article without reading it, but that is just total shite. If we are in trouble, it's because we don't get the parachute money and can't pay the bridging loans to the bank. |
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Post by Deleted on Apr 16, 2020 18:48:14 GMT 1
Interesting article in the Daily Mail yesterday. Report on Club Finances particular mentioned Macclesfield, Bolton and Huddersfield as being in financial difficulty. The report cited the reason for our plight as being caused by using parachute payments to fund the takeover deal. I don’t particularly like the Mail but their sport reporting is usually quite good. Brilliant to read that we are being mentioned in the same sentence as Macclesfield! No link - I read the hard copy. got there facts wrong there are many clubs in all three divisions below prem whoare in far more difficulty than town |
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Post by Deleted on Apr 17, 2020 15:54:17 GMT 1
We are only ‘notionally’ in trouble - because we are aiming to be debt free and adjusting our playing budget accordingly. To the outside world this may look like financial difficulty. It really isn’t.
Many teams will already be up to their eyes in debt and running out of options to find the cash needed to keep them in business. There is a huge difference.
Even if we have £0 in the bank we’d probably be in the richest 10% of football clubs around.
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Post by Deleted on Apr 18, 2020 9:37:20 GMT 1
The only two things for which the Mail is useful are emergency toilet paper and stairlift ads.
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Post by tockyterrier on Apr 20, 2020 12:01:57 GMT 1
As our finance model is based on most of the home fans being season ticket holders at cheap prices and only having a small number of home games left. I would think we are in a pretty decent position compared to those who rely on match day income more than we do.
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Post by yappledapple on May 4, 2020 20:01:59 GMT 1
Some financial analysis charts from Kieran Maguire regarding how much no fans will hit the PL financially. Based on last year’s figures so we’re included... www.bbc.co.uk/sport/football/52529679 |
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wigster
Andy Booth Terrier
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Post by wigster on May 5, 2020 12:27:46 GMT 1
We are only ‘notionally’ in trouble - because we are aiming to be debt free and adjusting our playing budget accordingly. To the outside world this may look like financial difficulty. It really isn’t. Many teams will already be up to their eyes in debt and running out of options to find the cash needed to keep them in business. There is a huge difference. Even if we have £0 in the bank we’d probably be in the richest 10% of football clubs around. "only notionally" in trouble, "to the outside world this may look like financial difficulty"  You mean that, after 2 years in the Premier league, we DON'T have to sell our better players and/or the Cowleys can spend decent money on bringing in decent players ?? I suspect that most clubs "aim to be debt free" but few manage it. Even after our premier league riches I see no evidence whatsoever that we are debt-free. To the outside world it looks like we messed up the chance of a lifetime, and we did. |
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Post by Headless Chicken on May 5, 2020 13:17:43 GMT 1
My god, how many times are you gonna make the same base level point in a different way.
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wigster
Andy Booth Terrier
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Post by wigster on May 5, 2020 13:36:52 GMT 1
My god, how many times are you gonna make the same base level point in a different way. Sorry Headless - you're right - I do go on a bit ! Just bored. |
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Post by Deleted on Jun 23, 2020 10:06:30 GMT 1
Assuming Grant leaves in summer
Assuming Lossl, ESR, Willock etc go back to their parent clubs
Assuming (Hoping) Simpson, Stank etc leave the club
Realistically what do we expect our budget to be?
Without doubt we need as a bare minimum; to field an 11:
Starting GK
Starting RB
Starting CB
Starting DM
Starting LW
Starting RW
Starting 10
Starting Strk
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Post by HuddsTerrier on Jun 23, 2020 10:52:14 GMT 1
Assuming Grant leaves in summer Assuming Lossl, ESR, Willock etc go back to their parent clubs Assuming (Hoping) Simpson, Stank etc leave the club Realistically what do we expect our budget to be?Without doubt we need as a bare minimum; to field an 11: Starting GK Starting RB Starting CB Starting DM Starting LW Starting RW Starting 10 Starting Strk I think we could get good money for Grant and O'Brien Then it's whether we can shift other high earners I also think we'll try and create pathways for a few of the youngsters. Edmonds-Green and Daly particularly, maybe Schofield and Duhaney as well |
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Post by royrace on Jun 23, 2020 11:13:17 GMT 1
Assuming Grant leaves in summer Assuming Lossl, ESR, Willock etc go back to their parent clubs Assuming (Hoping) Simpson, Stank etc leave the club Realistically what do we expect our budget to be?Without doubt we need as a bare minimum; to field an 11: Starting GK Starting RB Starting CB Starting DM Starting LW Starting RW Starting 10 Starting Strk I think we could get good money for Grant and O'Brien Then it's whether we can shift other high earners I also think we'll try and create pathways for a few of the youngsters. Edmonds-Green and Daly particularly, maybe Schofield and Duhaney as well I'd like to think we would have a modest budget at least, even factoring in COVID all clubs will be in the same boat so I would expect us to be able to bring in some decent players. Talk from the chairman about relying on the academy doesn't bode well but I cant see why the Cowleys would even be here unless they'd been promised funds. If they have and that doesn't materialise I'm not sure they would stick around. Their stock will still be relatively high even if they balls this up and get us relegated. |
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crux
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Post by crux on Jun 23, 2020 12:25:41 GMT 1
I think we could get good money for Grant and O'Brien Then it's whether we can shift other high earners I also think we'll try and create pathways for a few of the youngsters. Edmonds-Green and Daly particularly, maybe Schofield and Duhaney as well I'd like to think we would have a modest budget at least, even factoring in COVID all clubs will be in the same boat so I would expect us to be able to bring in some decent players. Talk from the chairman about relying on the academy doesn't bode well but I cant see why the Cowleys would even be here unless they'd been promised funds. If they have and that doesn't materialise I'm not sure they would stick around. Their stock will still be relatively high even if they balls this up and get us relegated. From what I've read, PH has said that he's looking forward to us being able to USE the players from the Academy, not RELY on them. The use of the word rely implies none, or very few, incoming transfers similar to the 'Young Guns' era of Jacko. The whole point of restructuring the academy into the new form was to produce more players who can step up to first team football and it does look like there are some ready to take their place in the squad. There will be more home grown players in the squad, but it will be down the the quality of those players from the academy being higher than previously available. If the quality isn't there, then we may as well close the academy and save the money. |
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Post by royrace on Jun 23, 2020 12:45:00 GMT 1
I'd like to think we would have a modest budget at least, even factoring in COVID all clubs will be in the same boat so I would expect us to be able to bring in some decent players. Talk from the chairman about relying on the academy doesn't bode well but I cant see why the Cowleys would even be here unless they'd been promised funds. If they have and that doesn't materialise I'm not sure they would stick around. Their stock will still be relatively high even if they balls this up and get us relegated. From what I've read, PH has said that he's looking forward to us being able to USE the players from the Academy, not RELY on them. The use of the word rely implies none, or very few, incoming transfers similar to the 'Young Guns' era of Jacko. The whole point of restructuring the academy into the new form was to produce more players who can step up to first team football and it does look like there are some ready to take their place in the squad. There will be more home grown players in the squad, but it will be down the the quality of those players from the academy being higher than previously available. If the quality isn't there, then we may as well close the academy and save the money. Yes but the reply was in response to him being asked about transfers I believe, implying the club is hoping to be able to rely on the academy to produce players good enough for first team football. We've no idea of course, I just found it slightly worrying, obviously you'd hope the academy would always be looking to provide players for the first team squad since that's what its there for. So in that case why explicitly mention it in relation to transfers? Any way time will tell, hopefully it means nowt and the manager will be given scope to improve the squad. |
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Post by lancsterrier on Jun 25, 2020 16:25:24 GMT 1
Nothing wrong with lower divisions at least the left wing faction could claim its a left wing club. Well count me out corona virus, greedy footballers and yet another pointless gesture FA that makes the LTA look enlightened done for me. Football will in time end up with just a few super rich Prem clubs and be more boring than watching paint dry.
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Post by BLUE&WHITE on Jun 30, 2020 16:29:28 GMT 1
Year ends should have been published now shouldn't they? Can we finally start to dig into all the chaos?
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Post by Frankiesleftpeg on Jun 30, 2020 16:51:53 GMT 1
Year ends should have been published now shouldn't they? Can we finally start to dig into all the chaos? The accounts for 2018/9 were filed on the 25th March but we we're unlikely to see the details of the year ending today until next March. |
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Post by BLUE&WHITE on Jun 30, 2020 17:07:57 GMT 1
Year ends should have been published now shouldn't they? Can we finally start to dig into all the chaos? The accounts for 2018/9 were filed on the 25th March but we we're unlikely to see the details of the year ending today until next March. But we should be able to see the result of the promotion season and the following half season shouldn't we? Should give us an idea of income etc |
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Post by overtonterrierspirit on Jun 30, 2020 17:19:58 GMT 1
Interview with EFL Chairman re Parachute Payments mentions Town.
On Examiner / Yorkshire Live site.
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Post by Deleted on Jun 30, 2020 19:03:46 GMT 1
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Post by Frankiesleftpeg on Jun 30, 2020 19:28:09 GMT 1
The accounts for 2018/9 were filed on the 25th March but we we're unlikely to see the details of the year ending today until next March. But we should be able to see the result of the promotion season and the following half season shouldn't we? Should give us an idea of income etc You can find the all the accounts for the promotion season and the two seasons in the PL here. They're usually filed in March. beta.companieshouse.gov.uk/company/01771361/filing-historyThe accounts for this season (year ending 30/06/2020) wont be filed until next March |
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