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Post by Deleted on Sept 4, 2024 22:38:57 GMT 1
"In terms of an update to supporters on finances, we continue to try and make more revenue while reducing costs as much as possible every day..."
You do wonder how far we can go in reducing costs. I assume the CEO is talking about off field costs as we can't reduce the playing budget even further, surely?
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Post by Pilch on Sept 4, 2024 22:50:00 GMT 1
"In terms of an update to supporters on finances, we continue to try and make more revenue while reducing costs as much as possible every day..."You do wonder how far we can go in reducing costs. I assume the CEO is talking about off field costs as we can't reduce the playing budget even further, surely? We are over budget |
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Post by pughywasfree on Sept 5, 2024 8:00:31 GMT 1
I just want some honesty in terms of the club finances. Are we still losing large amounts of money despite cutting back on everything and the biggest ever number of season ticket holders? We do every April 👍 An on-going update wouldn't do any harm! At the moment no news is bad news. |
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Post by vladimir on Sept 5, 2024 8:46:03 GMT 1
"In terms of an update to supporters on finances, we continue to try and make more revenue while reducing costs as much as possible every day..."You do wonder how far we can go in reducing costs. I assume the CEO is talking about off field costs as we can't reduce the playing budget even further, surely? We are over budget Curious. Moore said specifically last year the budget wouldn't be exceeded. Is Roland aware of this one? |
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Post by kl8-2 on Sept 5, 2024 9:09:24 GMT 1
That is one of the best ten week updates I've ever heard, well done Liam.
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Post by GrizzlyShrew on Sept 5, 2024 9:19:43 GMT 1
That is one of the best ten week updates I've ever heard, well done Liam. I dont know if it says anything other than what we know or assume. But I agree it's very refreshing to hear things from an official point of view from the club. Weve been kept on the dark for so long, it's great to have someone addressing the fans with what's going on inside the club. |
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Post by GrizzlyShrew on Sept 5, 2024 9:23:30 GMT 1
Curious. Moore said specifically last year the budget wouldn't be exceeded. Is Roland aware of this one? I think what was meant was that we are running within the current budget. But the losses accrued from the previous regimes still sees the club very much down on where it needs to be. Just by getting rid of the players earning more than we can afford wont instantly see everything being rosy, it will take many months to get back to previous financial levels. |
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Post by ProudSalopian on Sept 5, 2024 9:25:10 GMT 1
Curious. Moore said specifically last year the budget wouldn't be exceeded. Is Roland aware of this one? To recap, 18 months ago we had a massive restructure and change in personnel because of excessive spending by the previous regime. Since then we have been told that we are getting back to a more sustainable budget to secure the future of the club, we have reduced spending by getting rid of our big earners and other things such as asking fans to do jobs around the ground. But the end result is we are still over budget and Roland and Duncan are still personally bankrolling us. Have I got that right? If we are over-budget when we are struggling to fill a bench and signing cast-offs from L2 then I dread to think what we will have to do to become sustainable |
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Post by ProudSalopian on Sept 5, 2024 9:27:16 GMT 1
Curious. Moore said specifically last year the budget wouldn't be exceeded. Is Roland aware of this one? I think what was meant was that we are running within the current budget. But the losses accrued from the previous regimes still sees the club very much down on where it needs to be. Just by getting rid of the players earning more than we can afford wont instantly see everything being rosy, it will take many months to get back to previous financial levels. I took it to mean we are spending more than we budgeted for, e.g our planned weekly wage was £100k but we are actually paying £110k a week and accruing losses |
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Post by rickyspanish on Sept 5, 2024 9:37:48 GMT 1
I just hope Roland knows this time!!
Cheers for the update Pilch.
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Post by davycrockett on Sept 5, 2024 9:42:55 GMT 1
I think what was meant was that we are running within the current budget. But the losses accrued from the previous regimes still sees the club very much down on where it needs to be. Just by getting rid of the players earning more than we can afford wont instantly see everything being rosy, it will take many months to get back to previous financial levels. I took it to mean we are spending more than we budgeted for, e.g our planned weekly wage was £100k but we are actually paying £110k a week and accruing losses It’s covered in the SS article, seems bringing in two players took us over budget with RWs backing but the deal to send Biggins out recouped some of the ‘overspend’….we don’t know how that came about, a call out of the blue from Simpson seems handy. If Ojo’s move was a late one so Biggins was even later? The Town boss had only predicted another single addition on deadline day as Gilliead joined on a free transfer and summer signing Harrison Biggins moved out on loan to Carlisle. Ojo's move was a late one but one the head coach was backed to make by chairman Roland Wycherley when the idea became a possibility.
“No (didn’t expect to loan Ojo when he woke up on deadline day), the general conversation with the chairman was that we’d done our business," Hurst said.
“We kind of had an agreement to bring another player (Gilliead) in and then he supported us when it came to bringing a second.
“Harrison (Biggins) wasn’t part of that in terms of going out to try and recoup some money, those circumstances played out later in the day in general.
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Post by ProudSalopian on Sept 5, 2024 10:52:50 GMT 1
It’s covered in the SS article, seems bringing in two players took us over budget with RWs backing but the deal to send Biggins out recouped some of the ‘overspend’….we don’t know how that came about, a call out of the blue from Simpson seems handy. If Ojo’s move was a late one so Biggins was even later? The Town boss had only predicted another single addition on deadline day as Gilliead joined on a free transfer and summer signing Harrison Biggins moved out on loan to Carlisle. Ojo's move was a late one but one the head coach was backed to make by chairman Roland Wycherley when the idea became a possibility.
“No (didn’t expect to loan Ojo when he woke up on deadline day), the general conversation with the chairman was that we’d done our business," Hurst said.
“We kind of had an agreement to bring another player (Gilliead) in and then he supported us when it came to bringing a second.
“Harrison (Biggins) wasn’t part of that in terms of going out to try and recoup some money, those circumstances played out later in the day in general.
Thanks for that., I hadn't seen that. Ok, so we thought we were done for deals then at last the minute decided to bring in a couple of extra players which meant we went over-budget. And then we managed to recoup some of that with an unexpected departure on loan Sounds all very stable and well planned. |
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Post by davycrockett on Sept 5, 2024 11:03:52 GMT 1
It’s covered in the SS article, seems bringing in two players took us over budget with RWs backing but the deal to send Biggins out recouped some of the ‘overspend’….we don’t know how that came about, a call out of the blue from Simpson seems handy. If Ojo’s move was a late one so Biggins was even later? The Town boss had only predicted another single addition on deadline day as Gilliead joined on a free transfer and summer signing Harrison Biggins moved out on loan to Carlisle. Ojo's move was a late one but one the head coach was backed to make by chairman Roland Wycherley when the idea became a possibility.
“No (didn’t expect to loan Ojo when he woke up on deadline day), the general conversation with the chairman was that we’d done our business," Hurst said.
“We kind of had an agreement to bring another player (Gilliead) in and then he supported us when it came to bringing a second.
“Harrison (Biggins) wasn’t part of that in terms of going out to try and recoup some money, those circumstances played out later in the day in general.
Thanks for that., I hadn't seen that. Ok, so we thought we were done for deals then at last the minute decided to bring in a couple of extra players which meant we went over-budget. And then we managed to recoup some of that with an unexpected departure on loan Sounds all very stable and well planned. Think the point the club are making was despite being on or over budget Roland supported them to exceed budget, the Biggins deal was a bit of a bonus. |
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Post by Pilch on Sept 5, 2024 11:07:04 GMT 1
An on-going update wouldn't do any harm! At the moment no news is bad news. In fairness this thread is actually about suburb detailed regular updates being given by the club so a bit harsh to be demanding more , as for the accounts once a year is all any clubs do at best , some don't even bother doing it |
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Post by gtismygod on Sept 5, 2024 11:09:14 GMT 1
If we’re over budget with our current squad then we may as well just give up. Does the Chairman not understand that you can’t sustain League One football on a shoestring budget?
We’ve got a mid-table League Two squad with a couple of exceptional loanees.
We really are desperate for investment. Sell up Roland.
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Post by Pilch on Sept 5, 2024 11:12:02 GMT 1
Curious. Moore said specifically last year the budget wouldn't be exceeded. Is Roland aware of this one? I would imagine so as he's the one bailing us out again , we've already had unforseen setbacks and likely had to sign at least one more player than we bargained for Biggins let us down with his unprofessionalism and I guess it will have cost us money And as I mentioned check woking out They are the side who finished 4th when wrexham and notts county went up , well run club , decent location and yet they can't give it away Tough times for us but biting the hand that feeds is not the solution |
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Post by rickyspanish on Sept 5, 2024 11:54:12 GMT 1
[quote author=" Pilch"one? [/quote] Biggins let us down with his unprofessionalism [/quote] Oh god. He didn't turn up to training drunk did he? The new Dan James. |
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Post by wookeywombat on Sept 5, 2024 12:01:44 GMT 1
Curious. Moore said specifically last year the budget wouldn't be exceeded. Is Roland aware of this one? I would imagine so as he's the one bailing us out again , we've already had unforseen setbacks and likely had to sign at least one more player than we bargained for Biggins let us down with his unprofessionalism and I guess it will have cost us money And as I mentioned check woking out They are the side who finished 4th when wrexham and notts county went up , well run club , decent location and yet they can't give it away Tough times for us but biting the hand that feeds is not the solution "Biggins let us down with his unprofessionalism and I guess it will have cost us money" For my benefit please explain as I must have missed that |
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Post by Minormorris64 on Sept 5, 2024 12:09:05 GMT 1
Curious. Moore said specifically last year the budget wouldn't be exceeded. Is Roland aware of this one? I think what was meant was that we are running within the current budget. But the losses accrued from the previous regimes still sees the club very much down on where it needs to be. Just by getting rid of the players earning more than we can afford wont instantly see everything being rosy, it will take many months to get back to previous financial levels. Many months YEARS |
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Post by GrizzlyShrew on Sept 5, 2024 12:30:45 GMT 1
There is a January recall option should things change It might do, see what the new Carlisle manager wants to do with him. |
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Post by ProudSalopian on Sept 5, 2024 14:16:09 GMT 1
Think the point the club are making was despite being on or over budget Roland supported them to exceed budget, the Biggins deal was a bit of a bonus. Well yes that's my point really. We have been told that the new model meant it was going to be sustainable, yet we are now going over budget on a whim because Roland gave it the ok - maybe it was something in the stars. And yes I appreciate some may say Roland can't win because here is supporting us and still getting criticised, perhaps I am being too critical. I guess my frustration is mixed messages and lack of stability, whilst I'd prefer not to be slashing the budget I could see the long term benefit of getting us out of the financial mess. Now i have no idea what they are trying to do |
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Post by gtismygod on Sept 6, 2024 15:15:27 GMT 1
What’s happened here then.
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Post by Pilch on Sept 6, 2024 15:19:09 GMT 1
What’s happened here then. we are just missing a witch hunt or 2, several libellous posts and some unnecessary personal snipes, the topic is Liam Dooley update |
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