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Post by Deleted on Dec 5, 2003 13:36:53 GMT 1
Anyone else concerned about the huge wage bill we must be racking up at the moment?
This is the biggest squad I remember at the Meadow and I'd love to know if we are being as financially well-managed as we all think we are.
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Post by DRAS Iain on Dec 5, 2003 13:39:11 GMT 1
Im not sure they would take such a gamble if we seriously couldnt afford it, although it would be better i think if half the better paid players showed they had the same level of desire that should go with the pay.
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Post by MRJPSHREW on Dec 5, 2003 13:40:35 GMT 1
Might it suggest that certain players from last season where on good wages and now they have left these have been used elsewhere.
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Post by Deleted on Dec 5, 2003 13:44:55 GMT 1
From what I hear, we have players who are on just as high a wage as those last year and above that.
Remember why Pete Wilding left, and that was before Banim, Darby and O'Connor came in.
I just think we all need some assurances as to the state of the club's finances.
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Post by SurreyShrew on Dec 5, 2003 13:56:01 GMT 1
Remember that we lost Woan, Jemson, Atkins, etc, and Ratcliffe...
Some of the new signings won't be on as high wages as these three for example...
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Post by Deleted on Dec 5, 2003 14:09:51 GMT 1
Are you sure?
How did we attract Banim, Tinson, Cramb, O'Connor, Darby and Howie when they were all wanted by league clubs?
I would strongly suggest that our wage bill has increased heavily this year.
Also our chances of a lengthy FA Cup run this season look somewhat slimmer than last year......
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Post by DRASFounder on Dec 5, 2003 14:11:40 GMT 1
I think it would be nice to get some kind of assurance that our long term security as a club is OK
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Post by Carter on Dec 5, 2003 14:14:16 GMT 1
i think banim is being paid for on the basis that Luke goes and we save his wages. And there will be a nice earner from his transfer fee as well.
I get the feeling there is a done deal somewhere re Luke hence the reassurance for spending a load of cash on darby and banim now and Luke being on the bench - lets get used to not having him around like of thing...
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Post by Deleted on Dec 5, 2003 14:34:05 GMT 1
Yep completely agree Chris.
My take on recent events at the Meadow are either:
a) There has been sufficient interest in Luke and sufficient contact made to know that a deal for £250-300K could be done in the very near future.
OR, if a) is not correct
b) We are spending the entire Cup run proceeds on a one/two season shot at getting back in the League, and not planning on looking past May 2005 in terms of financial planning.
I must admit that both of these scenarios concern me, but that the first is probably the lesser of the two evils.
Should Luke leave at the present time however, I would forever be disappointed at the public humiliation he has been given by Quinn, in view of his incredible performances and committment he has given my club over the last few years.
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Post by Salop on Dec 5, 2003 14:49:47 GMT 1
sorry but no player deserves to be in the team on reputation. If we want success we cant afford to carry players like Rioch and unfortunately Luke. During his last run in the team he was poor and looked as if he'd taken a step backwards in his development.
His touch was awful and his was finishing weak, he seemed to have lost confindence in his ability and instead of running straight at people or passing off he would dribble accross the pitch and eventually lose the ball. He seemed to be becoming more selfish with the ball as his bad run continued. It got to the point where he need to be taken out not just for the good of the team but for himself as well.
saying all this his goal at Exeter does point to a return to the Luke we know and love. The only reason he hasnt been pick recently is injury and if he is fit for Telfod I expect him to start.
Remember no player is bigger than the team.
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Post by Deleted on Dec 5, 2003 14:57:03 GMT 1
Um, I don't think I was arguing against him being on the bench (although he'd be in my team 99.9% of the time), but rather how the situation was handled.
Which was, in my humble opinion, extremely poorly.
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Post by shrewsbadger on Dec 5, 2003 15:29:21 GMT 1
OOh such Negativity (hey that was a good impression of Oddball, from Kelly's heroes)
To be fair we have to trust this board, I can't see why they would suddenly throw away all the carefull planning of the last few years, They can't win can they! Last year they were accused of not spending enough now too much, Remember we have sold a record number of season tickets and are pulling in the crowd numbers which should see us breaking even.
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meadowman
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Post by meadowman on Dec 5, 2003 16:04:34 GMT 1
I very much agree with Londonshrew's thoughts regarding Luke...............................prepare yourselves for a transfer announcement gang ! (I hope not though!!)
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Post by skipwithrob on Dec 5, 2003 17:02:40 GMT 1
Also the players and manager have been offered 2 year deals at the most. This means that if we are still in the conf come 2005. We will be able to rebuild the team to meet our financial abilities without the paracute payment and with/without the crowds.
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Post by Deleted on Dec 5, 2003 17:07:33 GMT 1
It is somewhat of a cocern.
However Town's incomes have increased in terms of a) attendances and b) the parachute payment - although how they compare with the increases in wages I don't know.
PS Town, if you are going to sell Luke please wait for us to sell out of his b&a style t-shirts first :-)
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Post by Telford Shrew on Dec 5, 2003 17:19:59 GMT 1
I would rarther see the board spend money now to get us out of the conference while we have the help of large crowds and parachute payments. If we stay in the conference the parachute payments will stop and eventually crowds will go down. As long as the board dont put the club at risk (and i dont think they are) a quick return is probably our best hope while we have this guarentee of a large(ish) income.
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Post by ProfessorPatPending on Dec 5, 2003 19:31:24 GMT 1
I'm sure the club didn't budget for an average home gate of around 4000 and season ticket sales far exceeded their expectations too, this must have resulted in plenty of extra spending power
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Post by welshyshrew on Dec 5, 2003 19:51:39 GMT 1
What was our home average last year? How many cup games did we have at home last year?
Both of those factors would mean, I guess, that the average home crowds this year put us on similar footing to last year.
The figures will tell their own tale but won't be out for over a year I believe? When do we get accounts for the year ending 31 March 2003?
I really don't think the majority of us (me included) have a clue when it comes to finances. And as it's OUR money that is being spent, we need to gain a far better understanding.
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Post by ProfessorPatPending on Dec 5, 2003 19:55:25 GMT 1
2002/3 average attendance was 3656 2003/4 average attendance is 3988
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rcj1959
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Post by rcj1959 on Dec 5, 2003 20:33:43 GMT 1
You have to speculate to accumulate and the Town board are doing that. There are a lot of accusations being levelled at RW and other members of the board that they are being rather extravagant on players' wages. Dont any of you people have any regard for the business acumen that the members of the board bring to the club. A common theme on B & A is the constant attack of RW who incidentally has a very successful catering company called Shropshire Vending Services and was formerly involved with the successful development of The Lord Hill Hotel. Not only have the club disposed of the high earners like Jemson,Woan and Atkins but they have also offloaded Murray,Jakielka and Drysdale. It is the combination of good housekeeping, higher attendances and reduction of players wages which enable them to speculate as they are doing now. Please get off RW's back-give him the support that he undoubtably deserves.
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Post by Deleted on Dec 5, 2003 20:41:31 GMT 1
A common theme on B & A is the constant attack of RW who incidentally has a very successful catering company called Shropshire Vending Services and was formerly involved with the successful development of The Lord Hill Hotel. That's a quite incorrect suggestion. RW has got the vast majority of people on here at the moment, as shown by recent threads.
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Post by aistinisgod on Dec 5, 2003 20:43:35 GMT 1
Its not rocket science - higher average attendences (set to continue) and lower wage bill = more money
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Post by El Huracán!!!! on Dec 5, 2003 20:50:20 GMT 1
Well said ant, that comment was a bit strange.
As for the finances - Would cramb be on more than Jemo - No Would Street be on more than Jags - no Oconner and Atkins would have been similar Same could be said for the wages beween redmile and Artell and Tinno and Ridler. Rioch would have been on Conf wages - unlike Wilding (possibley) Potter and Bell are on weel structured Loan deals. Banim (i would sugest) is not on high wages for the division as he is takeing a step up not down. Dearby is probably on a good wage but the way i see it we are probably on a simmilare wage total to last year, or at least not far from it. + lukes wages will proabably balance the books when there off it so for the wage side the club it seems pretty healthy from my view point.
As for the 20-25k out lay for Banim - time will tell on that!
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Post by WelshShrew3 on Dec 5, 2003 23:02:06 GMT 1
Have we got rid of drysdale and murray? I'd be surprised if their clubs were footing the entire bill.
Actually, I think we need to be taking the gamble on building a squad in depth for this year and next to ensure we can push very hard for promotion.
But when we are talking about the club being financially well managed, what are we basing that on apart from some wild assumptions and the luck of a Nigel Jemson goal last January.
The real point I'm making on this thread is that the people who are keeping the club going financially (the fans - we put in more on a single Saturday collectively than some directors will ever put in) do not understand the financial workings of the club.
Is that right? I for one can't believe it is, and rather than bow to the board's superb 'business acumen' (no plan B........) I'd like to see us start to learn.
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Post by Deleted on Dec 5, 2003 23:22:23 GMT 1
The real point I'm making on this thread is that the people who are keeping the club going financially (the fans - we put in more on a single Saturday collectively than some directors will ever put in) Do expand on that comment please - the directors have paid their money and go to the games just like you or me.
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Post by MickeyBrownsshorts on Dec 5, 2003 23:27:40 GMT 1
What a load of rubbish. Where is the money coming from? Two years or bust it looks looks like to me. The salary situation last season doesn't even stack up to this. An extra 350 through the gate and 400 extra season tickets will not pay the short fall in wages no way Some of the comments are so far off the mark. Lets hope for the boards sake they sell Luke, because thats what they are banking on. Another hollow promise and my season ticket returned if (when) it happens
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Post by welshshrewsoupie on Dec 6, 2003 8:40:17 GMT 1
Ant, the 5,000 Shrewsbury fans there against Hereford must have pumped something close to £60,000 into the club that day through gate receipts, club shop and programmes.
Maybe I'm wrong, but do Sayfritz etc pump that much in without receiving shares in receipt?
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Post by SeanBroseley on Dec 6, 2003 9:31:48 GMT 1
Logically the money is coming from the saving in wages from the players that have been released and that Luke Rodgers has been severely touched-up, hence his being wrapped in cotton wool for his potential purchasers.
We'll miss Rodgers. As his all too short substitute appearances have shown, when he isn't scoring he creates opportunities.
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Post by MickeyBrownsshorts on Dec 6, 2003 9:41:40 GMT 1
Where is the saving coming from Sean? There are a few players on higher wages this year than our best paid player last. Atkins the same as O'Conner try doubling it. The new signings won't have dropped drown a league or to, to be paid conference wages. Manager asks the manager gets, at what price the future of the club?
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Post by Paul Williams on Dec 6, 2003 10:59:17 GMT 1
Like Ant Welshshrew, I am mystified by your question. You may want to be sure that Shrewsbury Town's future is safe financially but surely the annual financial reports give you that information. Why should you have a right to know the every day finances of the club anymore than you should from say UCI because you go to the cinema regularly. Being a fan is a commitment yes but you are paying to be entertained not investing in the club. If you want to have a say in how the club is run Welshshrew I think the current going rate is estimated at 100K to become a director - how many fans have put that amount of money into the club?
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