Br 1st ol Posted July 31, 2008 Report Share Posted July 31, 2008 Increased ST sales, sponsorship and TV money, yes, but we have just spent 10 times more than we were paying for players 2 years ago...Brooker, Betsy, McCombe, MacAlister, Keogh, Noble, LJ, ME, Dele, etc etc all for £300,000 or much much less... So how is the Maynard deal being financed? If not out of cash flow or working capital or reserves is it via Loans, remortgages, or as i suspect, directors loans?? any accounants out there able to throw any light on this?? Link to comment Share on other sites More sharing options...
Nibor Posted July 31, 2008 Report Share Posted July 31, 2008 Investment from SteveL and the other shareholders probably through loan stock. The main thing is to make sure our income covers our wage bill and I believe it does. Link to comment Share on other sites More sharing options...
alanpayne Posted July 31, 2008 Report Share Posted July 31, 2008 We made a small fortune out of the play-off final - around £1.5m which we have kept quiet about. However, the Agents know about it - hence they having been trying to hike transfer fees and wages for our targets. Link to comment Share on other sites More sharing options...
Jesus Posted July 31, 2008 Report Share Posted July 31, 2008 I've heard a rumour that Steve L has a lot of money? How true this is I don't know. I've also heard they're having a giant car boot sale............. Link to comment Share on other sites More sharing options...
STP Posted July 31, 2008 Report Share Posted July 31, 2008 I've heard a rumour that Steve L has a lot of money? How true this is I don't know. I've also heard they're having a giant car boot sale............. Leave that upto the men upstairs and don't start worrying everyone or SL might change his mind and parade Wayne Allison round the gate in the morn.Would that make you sleep better?!!!! Link to comment Share on other sites More sharing options...
Jesus Posted July 31, 2008 Report Share Posted July 31, 2008 Leave that upto the men upstairs and don't start worrying everyone or SL might change his mind and parade Wayne Allison round the gate in the morn.Would that make you sleep better?!!!! I was being sarcastic. :noexpression: Link to comment Share on other sites More sharing options...
STP Posted July 31, 2008 Report Share Posted July 31, 2008 I was being sarcastic. :noexpression: It wasnt directed at you badger,sorry mate Link to comment Share on other sites More sharing options...
Jesus Posted July 31, 2008 Report Share Posted July 31, 2008 It wasnt directed at you badger,sorry mate Phew, I was wondering if that came out wrong... Link to comment Share on other sites More sharing options...
Dolman_Stand Posted July 31, 2008 Report Share Posted July 31, 2008 Don't forget there will be few more departures too which should free up some of the wage bill i.e Betsy, Keogh, B.Wilson etc Link to comment Share on other sites More sharing options...
Big Jon Posted July 31, 2008 Report Share Posted July 31, 2008 Don't forget there will be few more departures too which should free up some of the wage bill i.e Betsy, Keogh, B.Wilson etc I don't think Maynard will be on much more than Trundle prob 10k as a gess Link to comment Share on other sites More sharing options...
t_b Posted July 31, 2008 Report Share Posted July 31, 2008 Increased ST sales, sponsorship and TV money, yes, but we have just spent 10 times more than we were paying for players 2 years ago...Brooker, Betsy, McCombe, MacAlister, Keogh, Noble, LJ, ME, Dele, etc etc all for £300,000 or much much less... So how is the Maynard deal being financed? If not out of cash flow or working capital or reserves is it via Loans, remortgages, or as i suspect, directors loans?? any accounants out there able to throw any light on this?? Remember when we got promoted to Division One a decade ago we spent nearly £3m on players and still went down. Back then the TV (and don't forget radio, which we featured on quite a lot) money was a lot, lot less than it is now. £60k for each Sky home game, basic pot split between teams (Sky's general funds go 50% between Championship clubs, 25% L1 & 25% L2), radio money, ITV cash, MOTD FA Cup money etc. Our average attendance last season was 4,000 more than when we were in Division 1 in 98/99. Quite simply, we're getting a fortune compared to our income at the start of the promotion season and can speculate accordingly. The extra income we got last year from the play-off run alone will have covered most of our fees for the signings last season alone. Given the fees are paid in staggered instalments I'd guess that we've suddenly freed up a decent chunk of money which we would've had earmarked for paying them off this summer. Obviously when the reports come out we'll see how it's all happened and if there are any director loans Link to comment Share on other sites More sharing options...
sodburyred Posted July 31, 2008 Report Share Posted July 31, 2008 I don't think Maynard will be on much more than Trundle prob 10k as a gess I seriously doubt he will be on that much. Probably doubled what hes on at crewe! 5k maybe?? Link to comment Share on other sites More sharing options...
myol'man Posted July 31, 2008 Report Share Posted July 31, 2008 I paid for him Link to comment Share on other sites More sharing options...
internetjef Posted July 31, 2008 Report Share Posted July 31, 2008 yeah i reckon he wont be on a huge contract at all. 5-10k. no where near the kind of money mifsud would surely have wanted (I'm guessing 15k+) if we have cut back on 5k a week, that makes a 250k saving straight away you can knock off the transfer. Link to comment Share on other sites More sharing options...
westred1 Posted July 31, 2008 Report Share Posted July 31, 2008 Increased ST sales, sponsorship and TV money, yes, but we have just spent 10 times more than we were paying for players 2 years ago...Brooker, Betsy, McCombe, MacAlister, Keogh, Noble, LJ, ME, Dele, etc etc all for £300,000 or much much less... So how is the Maynard deal being financed? If not out of cash flow or working capital or reserves is it via Loans, remortgages, or as i suspect, directors loans?? any accounants out there able to throw any light on this?? Which player are you? How much did we sign you for ? How much you on ? Link to comment Share on other sites More sharing options...
chinapig Posted August 1, 2008 Report Share Posted August 1, 2008 Don't forget the money from selling Nick Carle as well. Could be we have spent less net this year than last as a result - so far. 13,500 season tickets sold, 5 players released and more to go (some on loan) mean the wage bill is a long way to being covered also I suspect. Very good business all round. Link to comment Share on other sites More sharing options...
Drew Peacock Posted August 1, 2008 Report Share Posted August 1, 2008 Investment from SteveL and the other shareholders probably through loan stock. The main thing is to make sure our income covers our wage bill and I believe it does. I would be surprised if there are many Championship clubs whose income covers their wages bill, and I suspect ours doesn't. The Championship is not a place to stick around in for very long from a financial point of view. Link to comment Share on other sites More sharing options...
Tunley Legend Posted August 1, 2008 Report Share Posted August 1, 2008 Why don't we all just save up our 1p's and 2p's over the course of the season and hand them all in to Steve Lansdown at the last home game. That should help a little bit. Link to comment Share on other sites More sharing options...
StAnD uP If YoUr NoT a GaS Posted August 1, 2008 Report Share Posted August 1, 2008 We surely can bump up the transfer fee an extra 0.75 mill as GJ said Maynard was his top target for the season if we were willing to pay 1.5 mill for mifsud and meteb who are both a**holes then why not fork out a bit from the cash reserves for a player of good quality and a willingness to serve. Link to comment Share on other sites More sharing options...
sdc1978 Posted August 1, 2008 Report Share Posted August 1, 2008 Let's not forget that I think it's 7 players gone out, and possibly a couple more to go (are we still paying Keogh's wages???) and just 2 in Link to comment Share on other sites More sharing options...
StAnD uP If YoUr NoT a GaS Posted August 1, 2008 Report Share Posted August 1, 2008 Let's not forget that I think it's 7 players gone out, and possibly a couple more to go (are we still paying Keogh's wages???) and just 2 in yeah but the seven players that have gone out were not really high wage or high value players. ok we made a bit on the transfer and might be saving a bit on wages but i would assume it would not be that much. However every little helps, right? oh and the guy with the idea about the one p's i think it is a brilliant idea as say 10000 people went to a home game and everyone gave 1p the that would be £10000 and say there were 25 home games that would be £250 000 we obviously need to think about this !!!! Link to comment Share on other sites More sharing options...
Bcfc3660 Posted August 1, 2008 Report Share Posted August 1, 2008 To tell the truth I'm not that worried about were the money is coming from. SL is a wise man and very carefull with the finances. In SL i trust! Link to comment Share on other sites More sharing options...
Dave Youell Posted August 1, 2008 Report Share Posted August 1, 2008 Our Chairmen is a succesful accoutant. If he's ok with a singing, then I'm ok with a signing. Link to comment Share on other sites More sharing options...
StAnD uP If YoUr NoT a GaS Posted August 1, 2008 Report Share Posted August 1, 2008 To tell the truth I'm not that worried about were the money is coming from. SL is a wise man and very carefull with the finances. In SL i trust! yeah that is why he is one of the richest men in britain, because he is carefull but would you not like to know what made him fork out 0.75mill over what he wanted to spend? Link to comment Share on other sites More sharing options...
Dave Youell Posted August 1, 2008 Report Share Posted August 1, 2008 Link to comment Share on other sites More sharing options...
parkender78 Posted August 1, 2008 Report Share Posted August 1, 2008 yeah but the seven players that have gone out were not really high wage or high value players. ok we made a bit on the transfer and might be saving a bit on wages but i would assume it would not be that much. However every little helps, right? oh and the guy with the idea about the one p's i think it is a brilliant idea as say 10000 people went to a home game and everyone gave 1p the that would be £10000 and say there were 25 home games that would be £250 000 we obviously need to think about this !!!! not too good at maths are we ? 1p x10000=£1000 nice thought though Link to comment Share on other sites More sharing options...
jellyred Posted August 1, 2008 Report Share Posted August 1, 2008 Apparently Carle was on big money maybe the highest earner at the club so his wages have cleared alot from the budget. Oh and btw 10000 people each handing over 1p doesn't add up to £10000!! Link to comment Share on other sites More sharing options...
StAnD uP If YoUr NoT a GaS Posted August 1, 2008 Report Share Posted August 1, 2008 not too good at maths are we ? 1p x10000=£1000 nice thought though god damn it you are right!!! i thought we were on to a massive earner !!!!!! however it would still make at least £25 000 hahaha Link to comment Share on other sites More sharing options...
andy234 Posted August 1, 2008 Report Share Posted August 1, 2008 ok, what if we all put in 20p, not mutch to ask, just one very small coin. Link to comment Share on other sites More sharing options...
StAnD uP If YoUr NoT a GaS Posted August 1, 2008 Report Share Posted August 1, 2008 ok, what if we all put in 20p, not mutch to ask, just one very small coin. that would give us £200 000 ( that is right i did it on a calc). and i am sure that that would be very helpfull to the club to help fund the new stadium... Link to comment Share on other sites More sharing options...
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