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Post by mjhgas on Mar 27, 2020 16:47:35 GMT
Until the club cut wages to a sustainable level, we wont survive.
Where that leaves us will be determined by the sort of players that will work for lower wages.
If we end up in the National League or lower, then tough.
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Post by RD on Mar 27, 2020 16:59:42 GMT
Grim reading. Probably best to start thinking about how an AFC Bristol Rovers phoenix club will operate. Seriously. The possibility of that has crossed my mind many times. I’m now starting to think it’s almost inevitable. In all honesty, the only thing that I dread with that is the stigmatism around becoming Bristol Rovers 2021 etc. Ignoring the fact we'd "lose our history" officially (as we'd be a new club) I'm genuinely at the point where I couldn't care less. If anything I'd be quite up for it. Our season in the conference was one of - if not the most - enjoyable as a Gashead. Starting again from scratch - maybe being owned by the fans - working with sensible overheads cost wise and ensuring we didn't rack up any debt.... it actually quite appeals.
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Post by gregsy on Mar 27, 2020 17:36:13 GMT
The possibility of that has crossed my mind many times. I’m now starting to think it’s almost inevitable. In all honesty, the only thing that I dread with that is the stigmatism around becoming Bristol Rovers 2021 etc. Ignoring the fact we'd "lose our history" officially (as we'd be a new club) I'm genuinely at the point where I couldn't care less. If anything I'd be quite up for it. Our season in the conference was one of - if not the most - enjoyable as a Gashead. Starting again from scratch - maybe being owned by the fans - working with sensible overheads cost wise and ensuring we didn't rack up any debt.... it actually quite appeals. I quite agree, there would still be 5000 of us that would turn up and watch us drop like a stone.... Solvency surely must come first, having a higher turnover whilst racking up millions of debt just jeopardises everything, and I'm losing my mind about how crazy this is, because I fear that the money in question is far too much for a club like rovers to ever realisticly run with....
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Post by Deleted on Mar 27, 2020 18:29:00 GMT
Until the club cut wages to a sustainable level, we wont survive. Where that leaves us will be determined by the sort of players that will work for lower wages. If we end up in the National League or lower, then tough. The debt will be cleared within a few months of Bennett’s contract expiring !!!
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Post by Gassy on Mar 27, 2020 18:32:40 GMT
Until the club cut wages to a sustainable level, we wont survive. Where that leaves us will be determined by the sort of players that will work for lower wages. If we end up in the National League or lower, then tough. The debt will be cleared within a few months of Bennett’s contract expiring !!! Has another year 😳
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Post by Deleted on Mar 27, 2020 18:33:15 GMT
£23m in debt and you still have to stand on a sh**ty terrace and wade through 4 inches of water to go to the toilet. This is all going to end badly. Crowds over the next 10 years will decline. You only have to look at the number of supporters at the mem who are 65+ to realise that. Many don’t want to accept that and simply bypass that, very important, statistic I agree it’s a very worrying and important statistic - 4 inches of water cannot be ignored!
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Post by Deleted on Mar 27, 2020 18:34:41 GMT
The debt will be cleared within a few months of Bennett’s contract expiring !!! Has another year 😳 Yeah I know, otherwise I’d have said weeks!
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Post by Gas_Quarters on Mar 27, 2020 19:20:47 GMT
The possibility of that has crossed my mind many times. I’m now starting to think it’s almost inevitable. In all honesty, the only thing that I dread with that is the stigmatism around becoming Bristol Rovers 2021 etc. Ignoring the fact we'd "lose our history" officially (as we'd be a new club) I'm genuinely at the point where I couldn't care less. If anything I'd be quite up for it. Our season in the conference was one of - if not the most - enjoyable as a Gashead. Starting again from scratch - maybe being owned by the fans - working with sensible overheads cost wise and ensuring we didn't rack up any debt.... it actually quite appeals. Yes, I agree. I think with our current fan base we should be a sustainable League One club without racking up any debt. If you were to add a new stadium and the ability to bring extra income to that, and I don’t see any reason why we can’t emulate the likes of Brighton, Swansea, even Hull (to an extent), who have all become consistent 1st/2nd tier sides. All of those had either similar or smaller average crowds than us when they were playing this level of football in their old stadiums.
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Post by Topper Gas on Mar 27, 2020 19:38:36 GMT
Problem is a stadium isn't going to build itself, Brighton and Hull got lucky with rich benefactors, Swansea the local council, we're really paying the price for either not being brave enough in the past to redevelop the Mem and Sainsbury's stitching us up over the UWE.
Then Wael let SH & DC spend well beyond our means and we're now in a right mess. As far as Gasincider trying to suggest Hamer is squeaky clean, what planet is he living on?
Perhaps when the likes of SteveK are whining on here about our lack of transfer activity every transfer window they need to think where signing wasters like Bennett has led us.
The only hope is we survive CV and then MS can turn things around, perhaps we need to start supporting him rather than trying to slaughter him in here as he along with TG, who seems to doing a fantastic job, really are our last hope for survival.
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Post by gasincider on Mar 27, 2020 20:29:46 GMT
Problem is a stadium isn't going to build itself, Brighton and Hull got lucky with rich benefactors, Swansea the local council, we're really paying the price for either not being brave enough in the past to redevelop the Mem and Sainsbury's stitching us up over the UWE. Then Wael let SH & DC spend well beyond our means and we're now in a right mess. As far as Gasincider trying to suggest Hamer is squeaky clean, what planet is he living on? Perhaps when the likes of SteveK are whining on here about our lack of transfer activity every transfer window they need to think where signing wasters like Bennett has led us. The only hope is we survive CV and then MS can turn things around, perhaps we need to start supporting him rather than trying to slaughter him in here as he along with TG, who seems to doing a fantastic job, really are our last hope for survival. I didn't say anyone was squeaky clean. I pointed out the fact that Ken and SH were not involved in the financial aspects of the club since the board meeting of March 2019. As a regular talker out of your rear, try reading before commenting. As for the spending on players, that was ALWAYS Wael and DC. Nobody else had a say in it. Wael stated as much at an AGM.
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Post by glengas on Mar 27, 2020 20:38:45 GMT
Problem is a stadium isn't going to build itself, Brighton and Hull got lucky with rich benefactors, Swansea the local council, we're really paying the price for either not being brave enough in the past to redevelop the Mem and Sainsbury's stitching us up over the UWE. Then Wael let SH & DC spend well beyond our means and we're now in a right mess. As far as Gasincider trying to suggest Hamer is squeaky clean, what planet is he living on? Perhaps when the likes of SteveK are whining on here about our lack of transfer activity every transfer window they need to think where signing wasters like Bennett has led us. The only hope is we survive CV and then MS can turn things around, perhaps we need to start supporting him rather than trying to slaughter him in here as he along with TG, who seems to doing a fantastic job, really are our last hope for survival. I didn't say anyone was squeaky clean. I pointed out the fact that Ken and SH were not involved in the financial aspects of the club since the board meeting of March 2019. As a regular talker out of your rear, try reading before commenting. As for the spending on players, that was ALWAYS Wael and DC. Nobody else had a say in it. Wael stated as much at an AGM. So Topper are you ignoring the money DC brought into the club through his transfer dealings? I’m amazed when people blame him for all our financial woes. When do the people at the top who set the budgets actually shoulder some responsibility? .
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Post by Deleted on Mar 27, 2020 21:46:09 GMT
We tried to compete by signing established well paid players like rodman,bennett,clarke-harris,ogogo,little,payne,jaakola,craig etc and its simply not sustainable on the playing side to continue in that fashion. The club are now bringing in a different system of signing cheaper young players including loans and hoping most of the permanents will improve.
The stadium is the issue which seems impossible to solve even if the new playing strategy works.
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Post by Topper Gas on Mar 27, 2020 22:30:53 GMT
Problem is a stadium isn't going to build itself, Brighton and Hull got lucky with rich benefactors, Swansea the local council, we're really paying the price for either not being brave enough in the past to redevelop the Mem and Sainsbury's stitching us up over the UWE. Then Wael let SH & DC spend well beyond our means and we're now in a right mess. As far as Gasincider trying to suggest Hamer is squeaky clean, what planet is he living on? Perhaps when the likes of SteveK are whining on here about our lack of transfer activity every transfer window they need to think where signing wasters like Bennett has led us. The only hope is we survive CV and then MS can turn things around, perhaps we need to start supporting him rather than trying to slaughter him in here as he along with TG, who seems to doing a fantastic job, really are our last hope for survival. I didn't say anyone was squeaky clean. I pointed out the fact that Ken and SH were not involved in the financial aspects of the club since the board meeting of March 2019. As a regular talker out of your rear, try reading before commenting. As for the spending on players, that was ALWAYS Wael and DC. Nobody else had a say in it. Wael stated as much at an AGM. Any need to get abusive I was asked to apologise last week after saying far less? As I understand SH was directly involved in Nichols signing, are you claiming that he wasn't and it was all agreed by Wael and DC, although I thought these accounts were for the financial year ending in 2019 when both KM & SH were still involved, anyway do you really believe KM had any say in the club's finances? It's just your usual anti ALQ ranting but offering no solutions. I didn't say anyone was squeaky clean. I pointed out the fact that Ken and SH were not involved in the financial aspects of the club since the board meeting of March 2019. As a regular talker out of your rear, try reading before commenting. As for the spending on players, that was ALWAYS Wael and DC. Nobody else had a say in it. Wael stated as much at an AGM. So Topper are you ignoring the money DC brought into the club through his transfer dealings? I’m amazed when people blame him for all our financial woes. When do the people at the top who set the budgets actually shoulder some responsibility? . The issue seems to be wages/contracts i.e. Bennetts £4.5K/3.5 year contract not transfer fees income? Wael appears to have employed SH & DC to run the club, I can't recall either ever raising concerns we were over spending, DC was even usually whining about lack of funds. Wael has to take the ultimate blame, he's clearly doing that out of his bank balance, my point was SH & DC are not totally innocent as being portrait. Problem is certain posters have a clear agenda against Wael but offer no real solutions. If they do have a one then why not post it on here so we can all see what it is? I won't hold my breath as I doubt Gasincider can even afford a decent haircut let alone organise a buy out of the ALQ's.
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Post by Smithy Gas on Mar 27, 2020 23:38:47 GMT
Problem is a stadium isn't going to build itself, Brighton and Hull got lucky with rich benefactors, Swansea the local council, we're really paying the price for either not being brave enough in the past to redevelop the Mem and Sainsbury's stitching us up over the UWE. Then Wael let SH & DC spend well beyond our means and we're now in a right mess. As far as Gasincider trying to suggest Hamer is squeaky clean, what planet is he living on? Perhaps when the likes of SteveK are whining on here about our lack of transfer activity every transfer window they need to think where signing wasters like Bennett has led us. The only hope is we survive CV and then MS can turn things around, perhaps we need to start supporting him rather than trying to slaughter him in here as he along with TG, who seems to doing a fantastic job, really are our last hope for survival. I didn't say anyone was squeaky clean. I pointed out the fact that Ken and SH were not involved in the financial aspects of the club since the board meeting of March 2019. As a regular talker out of your rear, try reading before commenting. As for the spending on players, that was ALWAYS Wael and DC. Nobody else had a say in it. Wael stated as much at an AGM. And these accounts are up until the end of March 2019? I presume your mates were still on the board and privy to all decisions at this point. As a regular talker out of your rear, do read carefully before commenting.
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Post by gasincider on Mar 28, 2020 7:41:15 GMT
I didn't say anyone was squeaky clean. I pointed out the fact that Ken and SH were not involved in the financial aspects of the club since the board meeting of March 2019. As a regular talker out of your rear, try reading before commenting. As for the spending on players, that was ALWAYS Wael and DC. Nobody else had a say in it. Wael stated as much at an AGM. And these accounts are up until the end of March 2019? I presume your mates were still on the board and privy to all decisions at this point. As a regular talker out of your rear, do read carefully before commenting. Did you know that even in Higgs time all financial aspects of running the club were discussed at separate meetings prior to board meetings. The fans directors were never involved in these meetings. This has carried on under the AQ's. I can't speak for SH as I haven't known of his involvement other that already mentioned. I understand from a supporters club committee member that Ken Masters was asked to sign off the latest accounts, but couldn't as he had no knowledge of any financial details relating to the club as he had never been included in the relevant discussions.
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Post by Topper Gas on Mar 28, 2020 8:10:09 GMT
So did KM sign them last year? If he had/has concerns why isn't he making them known to the supporters of the club, instead of just keeping his close circle of friends in the loop?
Your posts on this thread are typical of your usual posts, all hot air without actually saying anything nor offering any solutions. What good do you think you and are your mates are actually doing for the club you apparently support?
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Post by Charlton Hayes Gas on Mar 28, 2020 8:14:50 GMT
It’s time for football to go full on communism and introduce a salary cap to stop clubs going into debt further and further.
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nsgas
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Post by nsgas on Mar 28, 2020 8:40:27 GMT
If we had a turnover of £6.4m and made a loss for the financial year of £4.1m then unless I'm mistaken we must have had outgoings of £10.5m. Seeing as players' wages are limited to 60% of turnover (£3.8m), do any of the forum accounting experts know where the other £6.7m was spent?
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Post by Antonio Fargas on Mar 28, 2020 9:02:07 GMT
If we had a turnover of £6.4m and made a loss for the financial year of £4.1m then unless I'm mistaken we must have had outgoings of £10.5m. Seeing as players' wages are limited to 60% of turnover (£3.8m), do any of the forum accounting experts know where the other £6.7m was spent? Kyle Bennett's wages?
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Post by darkbluegas on Mar 28, 2020 9:09:31 GMT
I feel that Wael is now trying to manage a controlled decent. Bankruptcy usually comes from clubs still believing their financial situation will miraculously turn around with little evidence to suggest this will happen.
This is why I asked the question in the thread “what are we prepared to sacrifice to save the club?”
Would we be prepared to lose league one, league, professional status. This is where Wael maybe needs to be honest with the fans and design a future ethos we can all buy into to ensure the clubs history as BRFC 1883 before its lost forever.
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