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Post by warehamgas on Jul 9, 2018 20:52:21 GMT
Yes. That’s what I meant about them striking lucky. Those losses are unsustainable but by that time Bournemouth were in PL and the TV income takes care of the losses. They went up so there is no problem, had they not perhaps they wouldn’t have been able to continue to spend at that rate with a small ground and attendances. UTG! If they hadn't gone up I dread to think what would have happened, fortunately for them they did. It was interesting at the time. Season 14/15 in the Conference was the season I watched Rovers more than I’ve done in any season. Went to lots of home matches and several away and it was the season Bournemouth were champions of the Championship. I saw nearly all their home games and a few away including the one At the Valley when they clinched the Championship title on the last day of the season. They were in the PL and we were a week away from the play off final v Grimsby. Nobody questioned, neither should they I suppose, the spending. I don’t think the spending was too much but it would have been the wages of the players. A few I sat with said Denim was covering it and they weren’t at all worried. As you say pirate, what would have happened if they missed out. The strange thing was after the administration of 2003 (?) and of 2008 I kept on asking where the money was coming from but the locals weren’t concerned. All they could see was the promised land of the PL. And they were right. But if they hadn’t.....! That’s why I always say that Bournemouth were very lucky in a way you rarely see. That’s not to denigrate their achievement, but they were very lucky. (Not that any Bournemouth fan would agree with me!) I don’t think many gasheads would turn down the chance but watching premier league football with the same people I watched League 2 football with is both funny and ironic. They still moan just as much and question the football they see and swear they’re not coming again etc. They really have forgotten where they came from and of course half of the 11,000 crowd didn’t attend in Leagues 2 and 1 anyway. Always makes me have a small chuckle! That’s why I say the club is all about Eddie H. If he goes so do Bournemouth the crowd would disappear and go back to the solid 5500. Little loyalty imo. UTG!
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pirate
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Post by pirate on Jul 9, 2018 21:00:49 GMT
If they hadn't gone up I dread to think what would have happened, fortunately for them they did. It was interesting at the time. Season 14/15 in the Conference was the season I watched Rovers more than I’ve done in any season. Went to lots of home matches and several away and it was the season Bournemouth were champions of the Championship. I saw nearly all their home games and a few away including the one At the Valley when they clinched the Championship title on the last day of the season. They were in the PL and we were a week away from the play off final v Grimsby. Nobody questioned, neither should they I suppose, the spending. I don’t think the spending was too much but it would have been the wages of the players. A few I sat with said Denim was covering it and they weren’t at all worried. As you say pirate, what would have happened if they missed out. The strange thing was after the administration of 2003 (?) and of 2008 I kept on asking where the money was coming from but the locals weren’t concerned. All they could see was the promised land of the PL. And they were right. But if they hadn’t.....! That’s why I always say that Bournemouth were very lucky in a way you rarely see. That’s not to denigrate their achievement, but they were very lucky. (Not that any Bournemouth fan would agree with me!) I don’t think many gasheads would turn down the chance but watching premier league football with the same people I watched League 2 football with is both funny and ironic. They still moan just as much and question the football they see and swear they’re not coming again etc. They really have forgotten where they came from and of course half of the 11,000 crowd didn’t attend in Leagues 2 and 1 anyway. Always makes me have a small chuckle! That’s why I say the club is all about Eddie H. If he goes so do Bournemouth the crowd would disappear and go back to the solid 5500. Little loyalty imo. UTG! This is an interesting blog post of a similar theme that you might be interested in. swissramble.blogspot.com/2016/05/bournemouth-welcome-to-pleasuredome.html?m=1
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Post by warehamgas on Jul 9, 2018 21:23:10 GMT
Thank you pirate for the attachment. A very interesting read esp when detailed finances usually leave me cold. After reading it I think I’m still just about right about Bournemouth being lucky that they got to the promised land when they did but a further thought might be if they were to go down what might Max Denim do. When you get used to the PL I’m sure you wouldn’t want to go back to the Championship. So even with parachute payments they would be vulnerable. Thanks for the information. UTG!
ps. Looking at those figures it shows how the Championship has changed since we were last there in the 90s. Now I’m more worried about how we could possibly survive there without putting our future at risk.
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Post by dinsdale on Jul 9, 2018 21:30:01 GMT
I think people get confused by the whole evolution v revolution thing. Along with getting mixed up with what Investment in the club actually means. Spending money on the infrastructure of the club - Youth development, Development squad, facilities, (bars), commercial etc is investment. If done correctly, this gives payback longer term, e.g more income generated, possibly home grown players, etc etc. It grows the club. Call this 'Evolution' if you like. Giving the club money is not the same thing. It doesn't grow the club (long term). It might give you a good season or two, but it is entirely short term unless the above is done. When people say the owners are not investing in the team, they are basically saying that they want the owners to give the club money. The difference - Evolution/investment makes the club sustainable. Giving the club money does not. The old board were never able to invest, hence why the club stagnated for years, as when we did have a bit of success we could never cash in. When people have a dig at the wage budget, I don't think they quite grasp what really they are arguing for. So what the owners are doing is exactly what they should be. And hopefully, in the background, the stadium is being/will be resolved - and away we go. My worry is that we are becoming less sustainable due to ever increasing losses and the total debt will soon outway assetts. Unless we generate a production line of amazing talent we will never break even at the mem. The worry isnt based on evidence they will stop loaning us money but a general fear that they will lose inerest or get fed up with leaking money. Much happier with them then Bob the builder, Boycey and Tony the Till. Big year coming up to show some progress
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Post by Deleted on Jul 9, 2018 23:44:30 GMT
There are some good info around the internet on championship clubs finances and mostly it shows very substantial losses often at least partially written off by wealthy owners. Including clubs like millwall,preston and brentford who some people imagine are similar to rovers. I dont think you can be a finacially sustainable profit making club and get anywhere at all in the championship right now. If you manage to do everything right and not lose money your prize will be to be just like wallsall. In other words never get anywhere at all but boast about profits.
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Post by knowall on Jul 10, 2018 8:39:41 GMT
There are some good info around the internet on championship clubs finances and mostly it shows very substantial losses often at least partially written off by wealthy owners. Including clubs like millwall,preston and brentford who some people imagine are similar to rovers. I dont think you can be a finacially sustainable profit making club and get anywhere at all in the championship right now.If you manage to do everything right and not lose money your prize will be to be just like wallsall. In other words never get anywhere at all but boast about profits. It will be nice to have the chance to try
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Post by Jomo on Jul 10, 2018 9:02:22 GMT
There are some good info around the internet on championship clubs finances and mostly it shows very substantial losses often at least partially written off by wealthy owners. Including clubs like millwall,preston and brentford who some people imagine are similar to rovers. I dont think you can be a finacially sustainable profit making club and get anywhere at all in the championship right now. If you manage to do everything right and not lose money your prize will be to be just like wallsall. In other words never get anywhere at all but boast about profits. Sadly these are exactly my thoughts too. The game is just too money driven now, and success in the PL or Championship can only be sought by clubs spending beyond their means and incurring huge losses.
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Post by stigofthegas on Jul 10, 2018 12:18:07 GMT
I wonder if Bournemouth fans are wishing they were still evolving in L1/L2? I also wonder how long the current owners will continue to cover the clubs annual debt with no real means of getting any of it back (ie new stadium)
I think you have perfectly demonstrated what the OP was referring to when he said "some people don't get it".
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Post by lastminutewinner on Jul 10, 2018 12:35:58 GMT
I wonder if Bournemouth fans are wishing they were still evolving in L1/L2? I also wonder how long the current owners will continue to cover the clubs annual debt with no real means of getting any of it back (ie new stadium)
I think you have perfectly demonstrated what the OP was referring to when he said "some people don't get it".
No I just believe things when I see them and don't trust the owners. So far they have done nothing to prove they are in it for the long haul.
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Post by Deleted on Jul 10, 2018 12:46:57 GMT
I think you have perfectly demonstrated what the OP was referring to when he said "some people don't get it".
No I just believe things when I see them and don't trust the owners. So far they have done nothing to prove they are in it for the long haul.
I honestly cannot understand how you can come to that conclusion
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Post by lastminutewinner on Jul 10, 2018 12:54:44 GMT
No I just believe things when I see them and don't trust the owners. So far they have done nothing to prove they are in it for the long haul.
I honestly cannot understand how you can come to that conclusion
It's just my own opinion. I'm naturally suspicious and not gullible.
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Post by Deleted on Jul 10, 2018 13:02:00 GMT
I honestly cannot understand how you can come to that conclusion
It's just my own opinion. I'm naturally suspicious and not gullible.
So are you suggesting I am gullible?
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Post by lastminutewinner on Jul 10, 2018 13:29:34 GMT
It's just my own opinion. I'm naturally suspicious and not gullible.
So are you suggesting I am gullible?
Why would I when I don't know you?
I am just a little more cautious than most and I do wonder what Wael's motives are for taking over this football club. The family do not seem the type of people to throw money away yet are doing little to balance that.
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Post by knowall on Jul 10, 2018 13:58:42 GMT
I think you have perfectly demonstrated what the OP was referring to when he said "some people don't get it".
No I just believe things when I see them and don't trust the owners. So far they have done nothing to prove they are in it for the long haul.
So if they had spent £50 million on a stadium that would prove to you they were in it for the long term? HOW?
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Post by knowall on Jul 10, 2018 14:00:58 GMT
So are you suggesting I am gullible?
Why would I when I don't know you?
I am just a little more cautious than most and I do wonder what Wael's motives are for taking over this football club. The family do not seem the type of people to throw money away yet are doing little to balance that.
Ask him - we have never had a more approachable owner apart from Geoff Dunford
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Post by Deleted on Jul 10, 2018 14:20:26 GMT
So are you suggesting I am gullible?
Why would I when I don't know you?
I am just a little more cautious than most and I do wonder what Wael's motives are for taking over this football club. The family do not seem the type of people to throw money away yet are doing little to balance that.
To be clear. I do believe that the current owners have a plan, which most likely involves an exit route. Does that specific belief make me gullible?
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Post by lastminutewinner on Jul 10, 2018 14:29:11 GMT
No I just believe things when I see them and don't trust the owners. So far they have done nothing to prove they are in it for the long haul.
So if they had spent £50 million on a stadium that would prove to you they were in it for the long term? HOW?
Nobody has to prove anything to me i'm just expecting Wael to come and go without anything significant being done to secure the long term future of the club. The silence on the training ground is deafening let alone any plans for a new stadium or redeveloped Mem. Wael isn't a real fan, he doesn't have as much money as many got carried away with, is facing many years of having to cover the rising debt. What's the end game?
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Post by lastminutewinner on Jul 10, 2018 14:34:37 GMT
Why would I when I don't know you?
I am just a little more cautious than most and I do wonder what Wael's motives are for taking over this football club. The family do not seem the type of people to throw money away yet are doing little to balance that.
To be clear. I do believe that the current owners have a plan, which most likely involves an exit route. Does that specific belief make me gullible?
I also believe that they are looking for a way out, and have done since the UWE stadium collapsed.
It's the ones that believe Wael has a master plan to move this club forward that I think have blind faith bordering on gullible, but what can we do except sit and see what happens?
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Post by Deleted on Jul 10, 2018 14:45:12 GMT
To be clear. I do believe that the current owners have a plan, which most likely involves an exit route. Does that specific belief make me gullible?
I also believe that they are looking for a way out, and have done since the UWE stadium collapsed.
It's the ones that believe Wael has a master plan to move this club forward that I think have blind faith bordering on gullible, but what can we do except sit and see what happens?
Ok ok. You misunderstood me. Any decent investment led business plan has an exit route. But let's leave it there. Let's just hope for a bloody good season😎
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Post by tommym9 on Jul 10, 2018 14:51:48 GMT
To be clear. I do believe that the current owners have a plan, which most likely involves an exit route. Does that specific belief make me gullible?
I also believe that they are looking for a way out, and have done since the UWE stadium collapsed.
It's the ones that believe Wael has a master plan to move this club forward that I think have blind faith bordering on gullible, but what can we do except sit and see what happens?
Its a good question. If the ALQs do want out (which at the moment I don't think they do) what can we do as fans? The supporters club owns X amount of shares and has one member on the board with another seat vacant presently. Realistically us fans couldn't buy them out so its a case of waiting for another owner to rock up and pray to god they aren't here to asset-strip the club.
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