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Post by faggotygas on Dec 18, 2019 9:10:26 GMT
They did too, they were paying £10 million a year in wages, and they didn't exactly come out minted. They were, of course, relegated and are now below us.
2015/16 profit nil, wages around £3.5m (similar to us) 2016/17 wages £7.7m, profit £1,344,038 2017/18 wages £10m, transfer income £1.4m. Matchday revenue £1.8m, broadcast & commercial revenue £11.1m, profit £500,316 (so a loss of £1.1m ignoring transfers).
If you assume that they've not made a loss this year (unlikely), then they've made £1m quid ignoring transfers, which wouldn't even get us started on a new training ground. It ain't no promised land.
So going by those figures you've provided, they made a profit of £1.84m over two years then? Sure you can say transfers don't count but if we got to the championship and players like THD and Kilgour performed consistently, we would be looking making considerably more money on them than we will now. Quite frankly if we were to make anything like £1.84m profit, that would change the game for us considering we lose £3m a year currently. Paying for half a year's losses is hardly changing the game for us. In the context of modern football, 1.84 million is peanuts. What would it get us, infrastructure wise? We need a training ground and a new stadium, and that sort of money would get us nowhere near either - so after a season of two, we'd be right back where we are now making the losses we are now, or, like Yeovil, worse.
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Post by Antonio Fargas on Dec 18, 2019 9:20:00 GMT
GC Interview:
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Post by lastminutewinner on Dec 18, 2019 9:51:11 GMT
He talks a good game, but ultimately full of shoite
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Post by Hugo the Elder on Dec 18, 2019 10:35:56 GMT
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Marshy
Proper Gas
Posts: 14,141
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Post by Marshy on Dec 18, 2019 11:58:53 GMT
He talks a good game, but ultimately full of shoite I hope Chris Lines does him in the wrong un on Saturday. The shitehouse!
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Post by rusho'gas on Dec 18, 2019 12:00:48 GMT
Blah, blah, blah, blah......................nothing to see here. Move along the bus, move along the bus please.
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Marshy
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Post by Marshy on Dec 18, 2019 12:02:17 GMT
Blah, blah, blah, blah......................nothing to see here. Move along the bus, move along the bus please. Rich’s bus?
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Post by LJG on Dec 18, 2019 12:17:50 GMT
But sold to who? For what? And what would their intentions be? [br Anyone other than this bunch right now. I feel so disconnected to the club due to them, the family don't want to own us. They have not made any improvements other than the bars and the pitch in almost 4 years. We will never be anything more than what we are currently with them in charge. Yeah other than the bars, the pitch, the club shop, the electronic turnstiles, the new stands, the new tunnel, the big screen, the electronic advertising hoardings they've made absolutely no improvements. And if you ignore the funding of losses they've done f**k all. I always say the same about Alexander the Great. Apart from all that "conquering the known world" rubbish, what did he really do with his life?
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Post by Hugo the Elder on Dec 18, 2019 12:57:40 GMT
Anyone other than this bunch right now. I feel so disconnected to the club due to them, the family don't want to own us. They have not made any improvements other than the bars and the pitch in almost 4 years. We will never be anything more than what we are currently with them in charge. Yeah other than the bars, the pitch, the club shop, the electronic turnstiles, the new stands, the new tunnel, the big screen, the electronic advertising hoardings they've made absolutely no improvements. And if you ignore the funding of losses they've done f**k all. I always say the same about Alexander the Great. Apart from all that "conquering the known world" rubbish, what did he really do with his life? His soldiers had to train in a field. With fox sh** on. Just saying.
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Deleted
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Post by Deleted on Dec 18, 2019 13:02:17 GMT
Yeah other than the bars, the pitch, the club shop, the electronic turnstiles, the new stands, the new tunnel, the big screen, the electronic advertising hoardings they've made absolutely no improvements. And if you ignore the funding of losses they've done f**k all. I always say the same about Alexander the Great. Apart from all that "conquering the known world" rubbish, what did he really do with his life? His soldiers had to train in a field. With fox sh** on. Just saying. You’ve got semi-electronic turnstiles man- what more do you want?!
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Marshy
Proper Gas
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Post by Marshy on Dec 18, 2019 13:04:17 GMT
His soldiers had to train in a field. With fox sh** on. Just saying. You’ve got semi-electronic turnstiles man- what more do you want?! Just the semi please.
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Post by gasandelectricity on Dec 18, 2019 13:05:11 GMT
His soldiers had to train in a field. With fox sh** on. Just saying. You’ve got semi-electronic turnstiles man- what more do you want?! Those turnstiles are a joke. You can see why they haven’t gone fully automatic - half the time the buzzer goes but the gate won’t shift.
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Post by knowall on Dec 18, 2019 13:21:10 GMT
Anyone other than this bunch right now. I feel so disconnected to the club due to them, the family don't want to own us. They have not made any improvements other than the bars and the pitch in almost 4 years. We will never be anything more than what we are currently with them in charge. Yeah other than the bars, the pitch, the club shop, the electronic turnstiles, the new stands, the new tunnel, the big screen, the electronic advertising hoardings they've made absolutely no improvements. And if you ignore the funding of losses they've done f**k all. I always say the same about Alexander the Great. Apart from all that "conquering the known world" rubbish, what did he really do with his life? Are you really suggesting that funding losses is a success? Surely presiding over a loss is failure - especially at £65000 pw!
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Post by Hugo the Elder on Dec 18, 2019 13:32:49 GMT
Yeah other than the bars, the pitch, the club shop, the electronic turnstiles, the new stands, the new tunnel, the big screen, the electronic advertising hoardings they've made absolutely no improvements. And if you ignore the funding of losses they've done f**k all. I always say the same about Alexander the Great. Apart from all that "conquering the known world" rubbish, what did he really do with his life? Are you really suggesting that funding losses is a success? Surely presiding over a loss is failure - especially at £65000 pw! Actually, this is an interesting question and one I'm really not sure about. Is funding losses a show of good ownership? What level do people think we would have to play at to become self sustaining? If we were to drop out of L1 and be a big L2 club and break even would that be a bad thing? Some fans want us run well but seem to want us to invest and push forward. Others want to see us no longer lose money year on year. How many of the 91 FL clubs operate in the black I wonder.
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Post by toddy1953 on Dec 18, 2019 13:35:26 GMT
You’ve got semi-electronic turnstiles man- what more do you want?! Those turnstiles are a joke. You can see why they haven’t gone fully automatic - half the time the buzzer goes but the gate won’t shift. I have actually tried my Tesco clubcard a couple of times in error, that didn’t work either 😩
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Deleted
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Post by Deleted on Dec 18, 2019 13:36:12 GMT
Are you really suggesting that funding losses is a success? Surely presiding over a loss is failure - especially at £65000 pw! Actually, this is an interesting question and one I'm really not sure about. Is funding losses a show of good ownership? What level do people think we would have to play at to become self sustaining? If we were to drop out of L1 and be a big L2 club and break even would that be a bad thing? Some fans want us run well but seem to want us to invest and push forward. Others want to see us no longer lose money year on year. How many of the 91 FL clubs operate in the black I wonder. Funding losses is fine if it's part of a strategic plan with a longer term aim. A realistic one that shows the breakeven point and timeline. Not convinced any of that is in play.
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Post by Hugo the Elder on Dec 18, 2019 13:43:06 GMT
Actually, this is an interesting question and one I'm really not sure about. Is funding losses a show of good ownership? What level do people think we would have to play at to become self sustaining? If we were to drop out of L1 and be a big L2 club and break even would that be a bad thing? Some fans want us run well but seem to want us to invest and push forward. Others want to see us no longer lose money year on year. How many of the 91 FL clubs operate in the black I wonder. Funding losses is fine if it's part of a strategic plan with a longer term aim. A realistic one that shows the breakeven point and timeline. Not convinced any of that is in play. Maybe, but funding losses seems the norm for football club owners so I dont necessarily think it's a valid stick to beat the AQs with. I guess what I wondered was which is better, a plan that creates losses with a strategy to one day lower them (ie build a self funding ground) Or Would it be better to drop down a league or 2 and survive as we are in a sustainable way?
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Post by Deleted on Dec 18, 2019 14:06:53 GMT
Funding losses is fine if it's part of a strategic plan with a longer term aim. A realistic one that shows the breakeven point and timeline. Not convinced any of that is in play. Maybe, but funding losses seems the norm for football club owners so I dont necessarily think it's a valid stick to beat the AQs with. I guess what I wondered was which is better, a plan that creates losses with a strategy to one day lower them (ie build a self funding ground) Or Would it be better to drop down a league or 2 and survive as we are in a sustainable way? A man with deep pockets funding losses carries danger but that danger is minimal with a succession plan in place (see City) The Al Qadis don’t have deep pockets. They don’t have a plan either.
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Post by LJG on Dec 18, 2019 14:10:42 GMT
Yeah other than the bars, the pitch, the club shop, the electronic turnstiles, the new stands, the new tunnel, the big screen, the electronic advertising hoardings they've made absolutely no improvements. And if you ignore the funding of losses they've done f**k all. I always say the same about Alexander the Great. Apart from all that "conquering the known world" rubbish, what did he really do with his life? Are you really suggesting that funding losses is a success? Surely presiding over a loss is failure - especially at £65000 pw! I'm suggesting that the statement that the family have done nothing for us is factually inaccurate.
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Deleted
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Post by Deleted on Dec 18, 2019 14:46:24 GMT
Funding losses is fine if it's part of a strategic plan with a longer term aim. A realistic one that shows the breakeven point and timeline. Not convinced any of that is in play. Maybe, but funding losses seems the norm for football club owners so I dont necessarily think it's a valid stick to beat the AQs with. I guess what I wondered was which is better, a plan that creates losses with a strategy to one day lower them (ie build a self funding ground) Or Would it be better to drop down a league or 2 and survive as we are in a sustainable way? Horse and Cart. It's a competitive sport. At first you aim for the highest level, find your natural level and then be the best at that level. There is absolutely no reason why a city like Bristol, which is economically sound, has a very large student population, can not sustain two championship football clubs. Only one club is doing that, but, in an unsustainable way. They are burning cash to get to the Premier League in a stadium which will not sustain that position. We could learn from that.
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