Mrs Barista wrote:Merchandise sales were reckoned to be around ~£1ma year. Given the drop off in attendances (reported and/or actual), I’d be surprised if that has been sustained. Costs associated with the SMC are increasing year on year. We had an overseas camp this season, but didn’t the year before. We’ve pushed the U19s/academy to 3rd this year, perhaps that hasn’t been cheap. So if pass sales are down vs 2014, actual/reported attendances are down, sponsorship is down, tenancy/training costs are up, it doesn’t take much extrapolation to see any Sky benefit cancelled out. Reducing the number of staff will help balance the books in the short term, of course, but may compromise the club’s effectiveness in several areas. I don't think the academy savings will kick in until next season.
I'm sure pearson is down a significant wedge of cash but we're not talking about what he's lost already, it's what the ongoing position is that matters. The difference between our income and expenditure isn't likely to be significantly worse this year than last I wouldn't have thought and next year should be better with the academy savings, increased sky money and transfer fee(s).
Like any accountant you paint a bleak financial picture but in reality none of us know the truth and only have our owner's word for what is going on. He was telling us the same last season but then sanctions deals with the likes of pritchard.
The truth of the matter is that no matter how bad things are, he could improve them almost instantly by sacking radford which would probably be the most popular owners' decision in living memory at the club
Joined: Jul 15 2005 Posts: 29811 Location: West Yorkshire
Jake the Peg wrote:I'm sure pearson is down a significant wedge of cash but we're not talking about what he's lost already, it's what the ongoing position is that matters. The difference between our income and expenditure isn't likely to be significantly worse this year than last I wouldn't have thought and next year should be better with the academy savings, increased sky money and transfer fee(s).
Like any accountant you paint a bleak financial picture but in reality none of us know the truth and only have our owner's word for what is going on. He was telling us the same last season but then sanctions deals with the likes of pritchard.
The truth of the matter is that no matter how bad things are, he could improve them almost instantly by sacking radford which would probably be the most popular owners' decision in living memory at the club
Sure. Didn't you have Agar in a wheelie bin as your avatar for 3 years though? AP must be a legend in your eyes.
If you want to "paint a rosy picture" of FC's finances, feel free. Good for morale.
Mrs Barista wrote:Merchandise sales were reckoned to be around ~£1ma year. Given the drop off in attendances (reported and/or actual), I’d be surprised if that has been sustained. Costs associated with the SMC are increasing year on year. We had an overseas camp this season, but didn’t the year before. We’ve pushed the U19s/academy to 3rd this year, perhaps that hasn’t been cheap. So if pass sales are down vs 2014, actual/reported attendances are down, sponsorship is down, tenancy/training costs are up, it doesn’t take much extrapolation to see any Sky benefit cancelled out. Reducing the number of staff will help balance the books in the short term, of course, but may compromise the club’s effectiveness in several areas. I don't think the academy savings will kick in until next season.
You like guessing a lot don't you. Aside from the drop in attendances over the term which as I said due to the increase in season pass costs will have offset that drop what actual evidence do you have that costs have gone up with regard to the SMC etc. To state that costs have gone up as a default to run the academy on the back of us being third in the league is ludicrous. Why can't you see the possibility that operationally costs can go down or remain roughly the same? It doesn't take much extrapolation to see that the SKY money could actually be a net gain, see, without actual hard facts your stance is meaningless.
knockersbumpMKII wrote:You like guessing a lot don't you. Aside from the drop in attendances over the term which as I said due to the increase in season pass costs will have offset that drop what actual evidence do you have that costs have gone up with regard to the SMC etc. To state that costs have gone up as a default to run the academy on the back of us being third in the league is ludicrous. Why can't you see the possibility that operationally costs can go down or remain roughly the same? It doesn't take much extrapolation to see that the SKY money could actually be a net gain, see, without actual hard facts your stance is meaningless.
Just like yours.
Is Hodgson the new Griffin, or is it all about pace?
knockersbumpMKII wrote:You like guessing a lot don't you. Aside from the drop in attendances over the term which as I said due to the increase in season pass costs will have offset that drop what actual evidence do you have that costs have gone up with regard to the SMC etc. To state that costs have gone up as a default to run the academy on the back of us being third in the league is ludicrous. Why can't you see the possibility that operationally costs can go down or remain roughly the same? It doesn't take much extrapolation to see that the SKY money could actually be a net gain, see, without actual hard facts your stance is meaningless.
I don't think the SMC costs have gone up, but what I do know is that they are constantly making it more difficult for us to sustain our income. Cashless ticketing in a sport that traditionally depends on a walk up, closing the ticket office next season on match days, not allowing us to pull off tickets next year to sell on the day ourselves, charging for rooms used on match days that were not charged for in the past etc are all making it difficult, not an excuse and nothing that should effect us if we were mega successful at home, but something that is happening all the same.
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Joined: Jul 15 2005 Posts: 29811 Location: West Yorkshire
knockersbumpMKII wrote:You like guessing a lot don't you. Aside from the drop in attendances over the term which as I said due to the increase in season pass costs will have offset that drop what actual evidence do you have that costs have gone up with regard to the SMC etc. To state that costs have gone up as a default to run the academy on the back of us being third in the league is ludicrous. Why can't you see the possibility that operationally costs can go down or remain roughly the same? It doesn't take much extrapolation to see that the SKY money could actually be a net gain, see, without actual hard facts your stance is meaningless.
Sure. Checked out our external credit rating lately? How it's moved over the last 12 months? Clearly not. Hard facts, cockle.
Mrs Barista wrote:Sure. Didn't you have Agar in a wheelie bin as your avatar for 3 years though? AP must be a legend in your eyes.
If you want to "paint a rosy picture" of FC's finances, feel free. Good for morale.
Who's painting a rosy picture? I just don;t believe things are as bad as is being made out and for the fact based reasons I've posted. You can counter with your guesses and supposition all you want but we've disagreed on things before and I'm invariably proven right in the end.
As for binning agar, yes it was the right decision, as was appointing a better coach who took us forward. Where he got it wrong was in sacking that coach and then appointing an inferior one. Big mistake which has and will continue to cost him plenty of cash
Joined: Jul 15 2005 Posts: 29811 Location: West Yorkshire
Jake the Peg wrote:Hardly likely to with massive accumulated losses and no assets. I would have thought they'd have tought you stuff like that in accountancy school
So why the huge shift in the last year? In your own time...
Joined: Jul 15 2005 Posts: 29811 Location: West Yorkshire
Jake the Peg wrote:Who's painting a rosy picture? I just don;t believe things are as bad as is being made out and for the fact based reasons I've posted. You can counter with your guesses and supposition all you want but we've disagreed on things before and I'm invariably proven right in the end.
As for binning agar, yes it was the right decision, as was appointing a better coach who took us forward. Where he got it wrong was in sacking that coach and then appointing an inferior one. Big mistake which has and will continue to cost him plenty of cash
Not for much longer if credit trajectory continues. Cash is king..
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