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Post by badengas on Apr 26, 2023 10:49:49 GMT
Just reading that the Sh!t lose over £500,000 a week and the lowest loss in the Championship is £75,000 a week.
Is there any logical reason not to reset the Financial Fair Play rules in say 5 years time and say you must trade at a profit ?
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Post by trevorgas on Apr 26, 2023 11:10:28 GMT
Just reading that the Sh!t lose over £500,000 a week and the lowest loss in the Championship is £75,000 a week. Is there any logical reason not to reset the Financial Fair Play rules in say 5 years time and say you must trade at a profit ? Just been discussing similar with my Wrexham mate,the current financial model is totally unsustainable, businesses spending more than their income on salaries,propped up by wealthy owners,god knows why. Wrexhams cunning plan is to buy themselves through the divisions,indeed they have one player currently on £250k pa, nonsense for a non league club I dislike the whole funding model,creates two tiers in each division and those with the deepest pockets get the reward,it will end in disaster one day ,not if but when. |
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Post by heartofgas on Apr 26, 2023 13:24:44 GMT
It doesn't make any sense. I don't see why anyone would buy a football club. I can see only two reasons, ego or genuine love of football. I would venture to guess most owners fall into the first category. You are going to loose a lot of money owning a football club. I think there is a lot wrong with the game of football. A lot of people are making a lot of money out of it who don't have the slightest interest in football.
It will be interesting to see where Wrexham are in 10 years time when the owners have got bored. Look how much Lansdown has forked out without any real success.
The whole financial fair play is a bit of a joke. No club should be able to spend more on wages than their income. FFP needs to work across the leagues also. Getting promoted to the premier league shouldn't allow you to escape any punishment for FFP breaches in the EFL. I think parachute payments are all wrong and a more even distribution of money given to the EFL by the premier league.
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Post by gasandelectricity on Apr 26, 2023 16:23:45 GMT
Just reading that the Sh!t lose over £500,000 a week and the lowest loss in the Championship is £75,000 a week. Is there any logical reason not to reset the Financial Fair Play rules in say 5 years time and say you must trade at a profit ? Expecting a profit is somewhat unreasonable. You can write up a solid business plan but no amount of contingency is going to cover the world grinding to a halt from a pandemic or a rogue state starting off a war that brings the energy markets to their knees. It also will make it difficult for clubs like ours to make serious investment in infrastructure which is not wholly unreasonable to do. That said preventing excessive losses is not unreasonable |
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Post by Topper Gas on Apr 26, 2023 17:59:09 GMT
Imagine spending £240m on a football club and all you've got is a mid table Championship side.
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Post by gasify on Apr 26, 2023 18:03:30 GMT
Just reading that the Sh!t lose over £500,000 a week and the lowest loss in the Championship is £75,000 a week. Is there any logical reason not to reset the Financial Fair Play rules in say 5 years time and say you must trade at a profit ? Just been discussing similar with my Wrexham mate,the current financial model is totally unsustainable, businesses spending more than their income on salaries,propped up by wealthy owners,god knows why. Wrexhams cunning plan is to buy themselves through the divisions,indeed they have one player currently on £250k pa, nonsense for a non league club I dislike the whole funding model,creates two tiers in each division and those with the deepest pockets get the reward,it will end in disaster one day ,not if but when. I'm not so sure the Wrexham model is unsustainable. The owners are bringing a massive amount of attention to the club and the general feel good factor is bringing paying fans through the door. I noticed that they have started to rebuild the kop. I'm not sure what capacity that will add, but let's say 5k fans. They will sell that out next season. So the possibility of having 15k fans each week in League 2 would be pretty good going. Someone is making about £400k per episode of Welcome to Wrexham and I can't see that stopping. It's pretty addictive watching. Then there is the TikTok sponsorship. That is pretty Grade A sponsorship, more of a sponsor used to Premiership team sponsorship. Then there is the aviator gin sales and sponsorship. The big difference here that I don't think we have ever seen in football is that companies are running to Rob and Ryan saying "Take our money, we want to be part of this fairy tale". It's so unique, never happened with this level of celebrity status before. And who knows, in two seasons time we could be the pantomine villains like Notts County this season. Wouldn't that be a hoot! |
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Post by gasandelectricity on Apr 26, 2023 18:22:06 GMT
Just been discussing similar with my Wrexham mate,the current financial model is totally unsustainable, businesses spending more than their income on salaries,propped up by wealthy owners,god knows why. Wrexhams cunning plan is to buy themselves through the divisions,indeed they have one player currently on £250k pa, nonsense for a non league club I dislike the whole funding model,creates two tiers in each division and those with the deepest pockets get the reward,it will end in disaster one day ,not if but when. I'm not so sure the Wrexham model is unsustainable. The owners are bringing a massive amount of attention to the club and the general feel good factor is bringing paying fans through the door. I noticed that they have started to rebuild the kop. I'm not sure what capacity that will add, but let's say 5k fans. They will sell that out next season. So the possibility of having 15k fans each week in League 2 would be pretty good going. Someone is making about £400k per episode of Welcome to Wrexham and I can't see that stopping. It's pretty addictive watching. Then there is the TikTok sponsorship. That is pretty Grade A sponsorship, more of a sponsor used to Premiership team sponsorship. Then there is the aviator gin sales and sponsorship. The big difference here that I don't think we have ever seen in football is that companies are running to Rob and Ryan saying "Take our money, we want to be part of this fairy tale". It's so unique, never happened with this level of celebrity status before. And who knows, in two seasons time we could be the pantomine villains like Notts County this season. Wouldn't that be a hoot! I sincerely hope not. They’re like a big time Salford. |
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Post by Topper Gas on Apr 26, 2023 19:41:46 GMT
Just been discussing similar with my Wrexham mate,the current financial model is totally unsustainable, businesses spending more than their income on salaries,propped up by wealthy owners,god knows why. Wrexhams cunning plan is to buy themselves through the divisions,indeed they have one player currently on £250k pa, nonsense for a non league club I dislike the whole funding model,creates two tiers in each division and those with the deepest pockets get the reward,it will end in disaster one day ,not if but when. I'm not so sure the Wrexham model is unsustainable. The owners are bringing a massive amount of attention to the club and the general feel good factor is bringing paying fans through the door. I noticed that they have started to rebuild the kop. I'm not sure what capacity that will add, but let's say 5k fans. They will sell that out next season. So the possibility of having 15k fans each week in League 2 would be pretty good going. Someone is making about £400k per episode of Welcome to Wrexham and I can't see that stopping. It's pretty addictive watching. Then there is the TikTok sponsorship. That is pretty Grade A sponsorship, more of a sponsor used to Premiership team sponsorship. Then there is the aviator gin sales and sponsorship. The big difference here that I don't think we have ever seen in football is that companies are running to Rob and Ryan saying "Take our money, we want to be part of this fairy tale". It's so unique, never happened with this level of celebrity status before. And who knows, in two seasons time we could be the pantomine villains like Notts County this season. Wouldn't that be a hoot! The issue is that it all revolves around the two owners, if they ever get bored and moved, the TV series would finish and nobody will watch their TicToK channel and they'd probably go back to being a poorly supported Welsh side. |
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Post by trevorgas on Apr 26, 2023 19:56:07 GMT
I'm not so sure the Wrexham model is unsustainable. The owners are bringing a massive amount of attention to the club and the general feel good factor is bringing paying fans through the door. I noticed that they have started to rebuild the kop. I'm not sure what capacity that will add, but let's say 5k fans. They will sell that out next season. So the possibility of having 15k fans each week in League 2 would be pretty good going. Someone is making about £400k per episode of Welcome to Wrexham and I can't see that stopping. It's pretty addictive watching. Then there is the TikTok sponsorship. That is pretty Grade A sponsorship, more of a sponsor used to Premiership team sponsorship. Then there is the aviator gin sales and sponsorship. The big difference here that I don't think we have ever seen in football is that companies are running to Rob and Ryan saying "Take our money, we want to be part of this fairy tale". It's so unique, never happened with this level of celebrity status before. And who knows, in two seasons time we could be the pantomine villains like Notts County this season. Wouldn't that be a hoot! The issue is that it all revolves around the two owners, if they ever get bored and moved, the TV series would finish and nobody will watch their TicToK channel and they'd probably go back to being a poorly supported Welsh side. Living not far away it is getting very tedious,Ryan this ,Ryan that, freedom of the City,we're going to win league 2 next year (everybody else's team talk done).blah blah blah |
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Post by warehamgas on Apr 26, 2023 20:19:39 GMT
The issue is that it all revolves around the two owners, if they ever get bored and moved, the TV series would finish and nobody will watch their TicToK channel and they'd probably go back to being a poorly supported Welsh side. Living not far away it is getting very tedious,Ryan this ,Ryan that, freedom of the City,we're going to win league 2 next year (everybody else's team talk done).blah blah blah …..before you realise they have Phil Parkinson as manager. 😉 UTG! |
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Post by warehamgas on Apr 26, 2023 20:20:55 GMT
Imagine spending £240m on a football club and all you've got is a mid table Championship side. Pretty standard for a club in the Championship. UTG! |
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Post by gasify on Apr 26, 2023 20:29:46 GMT
I'm not so sure the Wrexham model is unsustainable. The owners are bringing a massive amount of attention to the club and the general feel good factor is bringing paying fans through the door. I noticed that they have started to rebuild the kop. I'm not sure what capacity that will add, but let's say 5k fans. They will sell that out next season. So the possibility of having 15k fans each week in League 2 would be pretty good going. Someone is making about £400k per episode of Welcome to Wrexham and I can't see that stopping. It's pretty addictive watching. Then there is the TikTok sponsorship. That is pretty Grade A sponsorship, more of a sponsor used to Premiership team sponsorship. Then there is the aviator gin sales and sponsorship. The big difference here that I don't think we have ever seen in football is that companies are running to Rob and Ryan saying "Take our money, we want to be part of this fairy tale". It's so unique, never happened with this level of celebrity status before. And who knows, in two seasons time we could be the pantomine villains like Notts County this season. Wouldn't that be a hoot! The issue is that it all revolves around the two owners, if they ever get bored and moved, the TV series would finish and nobody will watch their TicToK channel and they'd probably go back to being a poorly supported Welsh side. Yes, exactly. That is exactly why they will do well (it's more about the owners) I don't think the owners will get bored. They will reach the premiership within 10 years. |
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Post by Topper Gas on Apr 26, 2023 20:31:33 GMT
Imagine spending £240m on a football club and all you've got is a mid table Championship side. Pretty standard for a club in the Championship. UTG! I very much doubt it's standard for one individual to spend £240m without getting promoted. |
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Post by warehamgas on Apr 26, 2023 23:09:10 GMT
Pretty standard for a club in the Championship. UTG! I very much doubt it's standard for one individual to spend £240m without getting promoted. I’m sure they’ve got promoted under Lansdowne but I’m happy to be corrected if wrong. UTG! |
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Post by Gasshole on Apr 26, 2023 23:56:06 GMT
Just been discussing similar with my Wrexham mate,the current financial model is totally unsustainable, businesses spending more than their income on salaries,propped up by wealthy owners,god knows why. Wrexhams cunning plan is to buy themselves through the divisions,indeed they have one player currently on £250k pa, nonsense for a non league club I dislike the whole funding model,creates two tiers in each division and those with the deepest pockets get the reward,it will end in disaster one day ,not if but when. I'm not so sure the Wrexham model is unsustainable. The owners are bringing a massive amount of attention to the club and the general feel good factor is bringing paying fans through the door. I noticed that they have started to rebuild the kop. I'm not sure what capacity that will add, but let's say 5k fans. They will sell that out next season. So the possibility of having 15k fans each week in League 2 would be pretty good going. Someone is making about £400k per episode of Welcome to Wrexham and I can't see that stopping. It's pretty addictive watching. Then there is the TikTok sponsorship. That is pretty Grade A sponsorship, more of a sponsor used to Premiership team sponsorship. Then there is the aviator gin sales and sponsorship. The big difference here that I don't think we have ever seen in football is that companies are running to Rob and Ryan saying "Take our money, we want to be part of this fairy tale". It's so unique, never happened with this level of celebrity status before. And who knows, in two seasons time we could be the pantomine villains like Notts County this season. Wouldn't that be a hoot! Easy to support a team when they are winning every week. |
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Post by Kingswood Polak on Apr 27, 2023 9:41:35 GMT
Imagine spending £240m on a football club and all you've got is a mid table Championship side. And a very nice stadium which has big crowds, for Rugby. |
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Post by mftc on Apr 27, 2023 13:20:59 GMT
As alluded to by SLAM, we all have an opportunity to make some input.
It maybe a bit JFK, or Kitchener-esque but what can we as fans do to help more?.
Obviously on top of your ST, you can stump up £900 for a table at the player of the year, buy a home and away shirt, programme, 50/50, pasty, pie, watch away games on I follow or travel by SC coaches to away games etc etc, but individually this is a very small drop in the ocean.
Collectively though, I would have thought a few changes (an extra pint at the Mem after the game, an extra 50/50 ticket etc) could make a big difference.
8000 fans spending a fiver each game (25) is a million already!
Fans have the freedom of choice to watch, when, where etc and travel to a game how they want and have a pre match food and drink where they want.
I bet more than £3.7 million a year gets spent each year by Gas fans to the likes of British Rail, Welly, Civil Service club, fake on line merch etc. The trick for TG and DB is getting them to spend the same money at the Mem, SC coaches etc
It is clear we are wholly relient on Wael and if things go badly and he decides he can't pay Joey £3million more than we can afford, it will probably mean a return to the Garner-esque philosophy with a splattering of experienced pros and kids.
In hindsight Bobby Gould achieved a minor miracle in 86/87 but I doubt anyone could keep us up in that scenario again.
Without sustainablity and without Wael, we would probably be in freefall, (Yeovil etc).
Football needs to get it's act together and tough decisions need to be made. COVID was a wake up call, but the powers that be, seem to have just fallen asleep at the wheel again.
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Post by Topper Gas on Apr 27, 2023 13:24:52 GMT
Not sure the football authorities can do a lot if owners like Lansdown, Wael and the Wrexham owners are content to throw millions at football clubs? All they can really control is making sure that clubs don't spend beyond their means.
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Post by Kingswood Polak on Apr 27, 2023 13:51:46 GMT
As alluded to by SLAM, we all have an opportunity to make some input. It maybe a bit JFK, or Kitchener-esque but what can we as fans do to help more?. Obviously on top of your ST, you can stump up £900 for a table at the player of the year, buy a home and away shirt, programme, 50/50, pasty, pie, watch away games on I follow or travel by SC coaches to away games etc etc, but individually this is a very small drop in the ocean. Collectively though, I would have thought a few changes (an extra pint at the Mem after the game, an extra 50/50 ticket etc) could make a big difference. 8000 fans spending a fiver each game (25) is a million already! Fans have the freedom of choice to watch, when, where etc and travel to a game how they want and have a pre match food and drink where they want. I bet more than £3.7 million a year gets spent each year by Gas fans to the likes of British Rail, Welly, Civil Service club, fake on line merch etc. The trick for TG and DB is getting them to spend the same money at the Mem, SC coaches etc It is clear we are wholly relient on Wael and if things go badly and he decides he can't pay Joey £3million more than we can afford, it will probably mean a return to the Garner-esque philosophy with a splattering of experienced pros and kids. In hindsight Bobby Gould achieved a minor miracle in 86/87 but I doubt anyone could keep us up in that scenario again. Without sustainablity and without Wael, we would probably be in freefall, (Yeovil etc). Football needs to get it's act together and tough decisions need to be made. COVID was a wake up call, but the powers that be, seem to have just fallen asleep at the wheel again. Very well said and absolutely true. We now do not have any truly independent group that could come to the clubs rescue, the Sc is now the club so is also owned by Wael or a DWANE company. We have to hope he continues to cover the losses |
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Post by Kingswood Polak on Apr 27, 2023 13:55:01 GMT
Not sure the football authorities can do a lot if owners like Lansdown, Wael and the Wrexham owners are content to throw millions at football clubs? All they can really control is making sure that clubs don't spend beyond their means. But gifts are allowed so this doesn’t work |
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