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Post by DrFaustus on May 21, 2024 7:08:21 GMT
Whats interesting in these accounts is the playing budget was £6 million under Barton and Wael's watch and the team finished 17th. Is it any wonder the Al Saeeds stepped in when in control and got rid of Barton. It must have been one of the biggest playing budgets in the league for the 2022/23 season and achieved nothing. Total staff costs were £6.4m. That's not the playing budget. |
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Post by richie on May 21, 2024 7:12:52 GMT
Makes you wonder about the size of the other budgets, Derby and Portsmouth for example who were in administration a few years ago.
Thinking of Portmouth they went into administration when they were a Premier League club so in terms of losses I'm betting ours isnt actually terrible
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Post by Topper Gas on May 21, 2024 7:19:59 GMT
Whats interesting in these accounts is the playing budget was £6 million under Barton and Wael's watch and the team finished 17th. Is it any wonder the Al Saeeds stepped in when in control and got rid of Barton. It must have been one of the biggest playing budgets in the league for the 2022/23 season and achieved nothing. But the increase was fairly minimal, around 10%, following our promotion. With turnover increasing by a similar %. Time will tell whether sacking JB and replacing him with MT was a good business move, as things stand you can see turnover decreasing. |
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Post by Charlton Hayes Gas on May 21, 2024 7:52:33 GMT
How the footballing authorities continue to oversee £ millions of losses to the majority of football clubs is beyond me.
£3.8m to finish in the bottom half of league one is scary numbers.
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Post by percy on May 21, 2024 8:00:39 GMT
How the footballing authorities continue to oversee £ millions of losses to the majority of football clubs is beyond me. £3.8m to finish in the bottom half of league one is scary numbers. Can understand the new tone from the owners. Lets hope they can achieve what they say and make us a sustainable club with the right facilities and model to then generate some success. In the meantime, get your season tickets people if you are lucky enough to be able to! |
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Post by bluegas on May 21, 2024 8:32:55 GMT
How the footballing authorities continue to oversee £ millions of losses to the majority of football clubs is beyond me. £3.8m to finish in the bottom half of league one is scary numbers. Have you been shopping lately? |
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Post by madridgas on May 21, 2024 8:51:49 GMT
So Tom Gorringe remains a director of this company & they had the Mem revalued. Even with it's increased value, I don't think the Mem covers the monies put into buying and financially supporting the club, so for any return to be seen (interest on debenture shares aside), the owners would need to be selling the club as a going concern. perhaps good news for those fans who think they won't be our custodians for long.
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Post by Topper Gas on May 21, 2024 9:07:54 GMT
So Tom Gorringe remains a director of this company & they had the Mem revalued. Even with it's increased value, I don't think the Mem covers the monies put into buying and financially supporting the club, so for any return to be seen (interest on debenture shares aside), the owners would need to be selling the club as a going concern. perhaps good news for those fans who think they won't be our custodians for long. Unless the new owners bought the club with their eyes closed, then surely they knew that the club was loss making when they bought it? Proposing to spend £m's redeveloping the Mem etc hardly suggests that they have concerns about the losses, at least in the short term. |
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Post by Hugo the Elder on May 21, 2024 9:15:30 GMT
Rearrange these words into a phrase: Pot. Haven’t. water. In. Got. A. Same as it ever was. One day we’ll wake up and demand more from our custodians, but until that day we are probably at our current peak of expectation. We are running at a nearly 4M loss and you expect more?? |
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Post by chewbacca on May 21, 2024 9:47:15 GMT
Rearrange these words into a phrase: Pot. Haven’t. water. In. Got. A. Same as it ever was. One day we’ll wake up and demand more from our custodians, but until that day we are probably at our current peak of expectation. We are running at a nearly 4M loss and you expect more?? I am once again pointing at Exeter City. |
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eagas
Youth Team
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Post by eagas on May 21, 2024 9:49:31 GMT
Pretty impressive that we have 5,366 season ticket holder and another 90,000 turning up on a match by basis. Never feels like 95,000 at the Mem though?
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Post by daniel300380 on May 21, 2024 9:57:04 GMT
We are running at a nearly 4M loss and you expect more?? I am once again pointing at Exeter City. Exeter are well run, but how make clubs are losing loads every season?? Exeter have been breaking even, due to the amount of money they have received for transfers over the years. If they run out of players to sell, they will lose money like everyone else. They have made nearly £20 million in the last ten years. That covers a lot of losses and makes the accounts look good. Every club wishes it was run like that. I think that's why we are looking at younger players. But there are no guarantees. If it was that easy, every club would do it. Most of the never youngsters will sign for c**y here, as they have a better academy. One club city's have a better chance of getting the best youngsters in the area. |
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Post by chewbacca on May 21, 2024 10:02:03 GMT
I am once again pointing at Exeter City. Exeter are well run, but how make clubs are losing loads every season?? Exeter have been breaking even, due to the amount of money they have received for transfers over the years. If they run out of players to sell, they will lose money like everyone else. They have made nearly £20 million in the last ten years. That covers a lot of losses and makes the accounts look good. Every club wishes it was run like that. I think that's why we are looking at younger players. But there are no guarantees. If it was that easy, every club would do it. Most of the never youngsters will sign for c**y here, as they have a better academy. One club city's have a better chance of getting the best youngsters in the area. Of course there are no silver bullets in football but Exeter have ran at a profit for a while now by first investing in their youth development and then recycling that money into the ground. You are getting clubs within the pyramid who have a reputation of being well run and Exeter are right, right up there. Of course City currently have a better academy but I'd argue ours has gone backwards in the last decade, it's been more difficult for players to find first team opportunities because of their being no real plan on how we look as a football club. |
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Post by daniel300380 on May 21, 2024 10:08:20 GMT
Exeter are well run, but how make clubs are losing loads every season?? Exeter have been breaking even, due to the amount of money they have received for transfers over the years. If they run out of players to sell, they will lose money like everyone else. They have made nearly £20 million in the last ten years. That covers a lot of losses and makes the accounts look good. Every club wishes it was run like that. I think that's why we are looking at younger players. But there are no guarantees. If it was that easy, every club would do it. Most of the never youngsters will sign for c**y here, as they have a better academy. One club city's have a better chance of getting the best youngsters in the area. Of course there are no silver bullets in football but Exeter have ran at a profit for a while now by first investing in their youth development and then recycling that money into the ground. You are getting clubs within the pyramid who have a reputation of being well run and Exeter are right, right up there. Of course City currently have a better academy but I'd argue ours has gone backwards in the last decade, it's been more difficult for players to find first team opportunities because of their being no real plan on how we look as a football club. I agree, but to improve it, we will have to spend even more money in the short term and get into more debt. We had a few players taken by Villa a few years ago, it's like the club gave up on the youth then. Until we improve our set up, we will not attract the better youngsters and we will lose the better players we have at a young age. That's one of the reasons why I would argue that the training ground and academy is more important than the stadium redevelopment. Obviously we need both long term, but if we could do one first, I would pick the training ground. |
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Post by chewbacca on May 21, 2024 10:10:57 GMT
Of course there are no silver bullets in football but Exeter have ran at a profit for a while now by first investing in their youth development and then recycling that money into the ground. You are getting clubs within the pyramid who have a reputation of being well run and Exeter are right, right up there. Of course City currently have a better academy but I'd argue ours has gone backwards in the last decade, it's been more difficult for players to find first team opportunities because of their being no real plan on how we look as a football club. I agree, but to improve it, we will have to spend even more money in the short term and get into more debt. We had a few players taken by Villa a few years ago, it's like the club gave up on the youth then. Until we improve our set up, we will not attract the better youngsters and we will lose the better players we have at a young age. That's one of the reasons why I would argue that the training ground and academy is more important than the stadium redevelopment. Obviously we need both long term, but if we could do one first, I would pick the training ground. One of the issues I've had with the training ground is it's been so half arsed. It's ok but, it's not really any different to the set up at AEK Boco. Now we are hearing about parts of the land being sold off I can't see it ever being what we actually need. There's dozens of ways of improving income in the short, medium and long term but the lack of movement by everyone involved is getting more, and more frustrating. |
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Post by Tilly's Thighs on May 21, 2024 12:16:51 GMT
I agree, but to improve it, we will have to spend even more money in the short term and get into more debt. We had a few players taken by Villa a few years ago, it's like the club gave up on the youth then. Until we improve our set up, we will not attract the better youngsters and we will lose the better players we have at a young age. That's one of the reasons why I would argue that the training ground and academy is more important than the stadium redevelopment. Obviously we need both long term, but if we could do one first, I would pick the training ground. One of the issues I've had with the training ground is it's been so half arsed. It's ok but, it's not really any different to the set up at AEK Boco. Now we are hearing about parts of the land being sold off I can't see it ever being what we actually need. There's dozens of ways of improving income in the short, medium and long term but the lack of movement by everyone involved is getting more, and more frustrating. The photo gallery on the AEK Boco website only shows the pitch which they play on, alongside some rather worn out grass. Please could you give me the link to the info on their multi-pitch training ground, goalkeeper training area, gym, physio suite, player catering facilities etc? |
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Post by chewbacca on May 21, 2024 12:25:19 GMT
One of the issues I've had with the training ground is it's been so half arsed. It's ok but, it's not really any different to the set up at AEK Boco. Now we are hearing about parts of the land being sold off I can't see it ever being what we actually need. There's dozens of ways of improving income in the short, medium and long term but the lack of movement by everyone involved is getting more, and more frustrating. The photo gallery on the AEK Boco website only shows the pitch which they play on, alongside some rather worn out grass. Please could you give me the link to the info on their multi-pitch training ground, goalkeeper training area, gym, physio suite, player catering facilities etc?  Boco have two pitches and warm up areas included top right, they don't have a gym as they're a semi-pro club however they do have a pavilion building with bar, changing rooms, physio rooms and areas for home and away players to eat their post-match meals. Being the home of a semi-pro club they'll obviously have different needs to a football league clubs training ground but let's not muck about here, there's not a whole heap of difference;  |
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Post by jungleboogie on May 21, 2024 12:30:00 GMT
Boco is nothing like the 'Quarters'. Everything apart from the main pitch is just a public field, full of dog **** and everything else associated with a 'field. The changing rooms aren't big, and there's a public bar area, that's it!
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Post by chewbacca on May 21, 2024 12:40:46 GMT
Boco is nothing like the 'Quarters'. Everything apart from the main pitch is just a public field, full of dog **** and everything else associated with a 'field. The changing rooms aren't big, and there's a public bar area, that's it!  |
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Post by Topper Gas on May 21, 2024 13:12:03 GMT
I agree, but to improve it, we will have to spend even more money in the short term and get into more debt. We had a few players taken by Villa a few years ago, it's like the club gave up on the youth then. Until we improve our set up, we will not attract the better youngsters and we will lose the better players we have at a young age. That's one of the reasons why I would argue that the training ground and academy is more important than the stadium redevelopment. Obviously we need both long term, but if we could do one first, I would pick the training ground. One of the issues I've had with the training ground is it's been so half arsed. It's ok but, it's not really any different to the set up at AEK Boco. Now we are hearing about parts of the land being sold off I can't see it ever being what we actually need. There's dozens of ways of improving income in the short, medium and long term but the lack of movement by everyone involved is getting more, and more frustrating. What's wrong with The Quarters, it's got two(?) first class pitches and a goalies training pitch, changing rooms and a gym, surely that's good enough for starters? It would have been great if we'd built extra pitches for the Academy and Gas Girls but that would have been even more expensive. Oxford Utd seem to have built something very similar in recent years. |
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