Korey Smith

[steviestevieneville]

Only thinking the other day where he went after leaving Swansea . Playing right back for derby in the FA cup against Torquay . Club legend is banded around too much these days but korey & the rest of that 2015 squad really are . 

[Tinmans Love Child]

That 2015 squad was dismantled quicker than a formula 1 car 

[REDOXO]

Just now, Tinmans Love Child said:

That 2015 squad was dismantled quicker than a formula 1 car 

Was it? I seem to remember that SL fell out with SC they got into an argument over Gayle and Grey and the promotion team were not reinforced sufficiently. Even the leg end that was Sack Cloth kicked us back. But I’m old now memory might be faulty!

[Lanterne Rouge]

1-0 Derby

[phantom]

6 minutes ago, steviestevieneville said:

Only thinking the other day where he went after leaving Swansea . Playing right back for derby in the FA cup against Torquay . Club legend is banded around too much these days but korey & the rest of that 2015 squad really are . 

Such a legend you spelt his name wrong

[steviestevieneville]

3 minutes ago, Tinmans Love Child said:

That 2015 squad was dismantled quicker than a formula 1 car 

Couldn’t agree more. We ****** it right up the following season . 2 or 3 quality players added to that squad and we would of been fine. I might be wrong but I always got the feeling Lansdown couldn’t wait to sack cotts because he wasn’t his appointment . 

[steviestevieneville]

2 minutes ago, phantom said:

Such a legend you spelt his name wrong

ah yes , what a plank . Sorry Korey 

[Sheltons Army]

Wtf does Holloway look like In his Pork Pie Hat !

 

Knock I up a chicken hutch 

[Curr Avon]

38 minutes ago, steviestevieneville said:

Only thinking the other day where he went after leaving Swansea . Playing right back for derby in the FA cup against Torquay . Club legend is banded around too much these days but korey & the rest of that 2015 squad really are . 

That Luke Ayling didn't amount to much. Right Lee?

[steviestevieneville]

6 minutes ago, Curr Avon said:

That Luke Ayling didn't amount to much. Right Lee?

I really don’t get your response mate . Who’s lee ? 

[Northern Red]

19 minutes ago, Sheltons Army said:

Wtf does Holloway look like In his Pork Pie Hat !

 

Knock I up a chicken hutch 

Neymaaaarrrrrrr

[Sheltons Army]

19 minutes ago, steviestevieneville said:

I really don’t get your response mate . Who’s lee ? 

[GrahamC]

37 minutes ago, Sheltons Army said:

Wtf does Holloway look like In his Pork Pie Hat !

 

Knock I up a chicken hutch 

A Cadbury Heath monkey, same as usual.

[One Team]

Good result for Torquay, bet they enjoyed that 95th minute equaliser!

[Tin Soldier]

1 hour ago, Tinmans Love Child said:

That 2015 squad was dismantled quicker than a formula 1 car 

Agreed.

That was the big chance missed by Lansdown IMO. He probably regrets it now in terms of the way SC was treated. Brilliant squad, a couple of additions (Gayle would have been quality IMO). Also a Richard Gould style character holding the purse strings would have stopped the likes of Ashton & Johnson spunking the £££s away. What a shambles.

[Lanterne Rouge]

What the cup should be about and was before the `big clubs` decided to **** it off.

[ralphindevon]

Devon has been a footballing hotbed this week. 2 enjoyable games.

[Mr Popodopolous]

2 hours ago, REDOXO said:

Was it? I seem to remember that SL fell out with SC they got into an argument over Gayle and Grey and the promotion team were not reinforced sufficiently. Even the leg end that was Sack Cloth kicked us back. But I’m old now memory might be faulty!

I'd have us down as weaker to begin that season than the side who got promoted!

All the same, one more year of patience by Cotts, park ambition for a year, well he would then or should then have inherited the budget that Lee Johnson got as the revenue streams grew.

Don't think anyone came out of that period with great credit.

Edited November 6, 2022 by Mr Popodopolous

[Selred]

Well done GJ for getting the draw today! Top manager, top bloke.

[Simon bristol]

2 hours ago, Mr Popodopolous said:

I'd have us down as weaker to begin that season than the side who got promoted!

All the same, one more year of patience by Cotts, park ambition for a year, well he would then or should then have inherited the budget that Lee Johnson got as the revenue streams grew.

Don't think anyone came out of that period with great credit.

The kodjia signing and sale kick started that period of buying and selling, it could have been enough to see us finally make it, but if theres a way of ballsing it up we will find it.

[Henry]

3 hours ago, Selred said:

Well done GJ for getting the draw today! Top manager, top bloke.

Some might say, a proper manager.

[Fordy62]

5 hours ago, Tinmans Love Child said:

That 2015 squad was dismantled quicker than a formula 1 car 

Yep. LJ never really saw them as his players and got rid faster than you can say bomb alley. 

[Porto Red]

17 minutes ago, Henry said:

Some might say, a proper manager.

Incoming in three, two, one 

[Mr Popodopolous]

4 hours ago, Simon bristol said:

The kodjia signing and sale kick started that period of buying and selling, it could have been enough to see us finally make it, but if theres a way of ballsing it up we will find it.

True, although turnover rising year on year by £7.1m also helped! Likewise the lower losses in 2015-16 helped us in the 3 year cycle to 2016-17 and 2017-18.

That rise in turnover was roughly 50 percent on year as the redeveloped ground finally opened fully, the period ending 2016-17 was the first 3 year cycle so Lee Johnson benefited from this too, bit of a happy accident.

[Cityboy1954]

10 hours ago, Tinmans Love Child said:

That 2015 squad was dismantled quicker than a formula 1 car 

Yes wa all know by who 

[Davefevs]

8 hours ago, Mr Popodopolous said:

True, although turnover rising year on year by £7.1m also helped! Likewise the lower losses in 2015-16 helped us in the 3 year cycle to 2016-17 and 2017-18.

That rise in turnover was roughly 50 percent on year as the redeveloped ground finally opened fully, the period ending 2016-17 was the first 3 year cycle so Lee Johnson benefited from this too, bit of a happy accident.

(Holdings)

Revenue rose from £14.2m to £30.3m peak (dropped in 19/20 due to covid for last third of season).  That looks great, it more than doubled (113%).  But as you say ground development meant £14.2m was a false-bottom.  Even so, revenue grew by £16.1m, nice.

However, costs rose from £26.7m to £62.6m peak, a rise of £35.9m (134%).  For every £1.00 we increased revenue we spent £2.23 doing it.

It was masked by transfer profit.

The costs rose as follows:

Wages doubled, a combo of paying too much and for too many.

Amortisation (figs above are amortisation plus depreciation) went from £2m to £14m, a seven-fold increase, burdening us for a few years as players contracts and their transfer fee costs were sunk.

Other costs went up, but in many respects, there if of course costs in raising revenue.  So it’s okay saying we’ve increased revenue, but we didn’t raise it efficiently, far from it.  As fans, in our naivety we thought the stadium development would bring in extra money at zero cost.  Nope.

What was our strategy:

• buy young, develop, sell for a profit
• develop our own players

We executed that first bullet well four times - Flint, Kodjia, Webster and Brownhill.  We have failed miserably on some - Diedhiou, Massengo, Kalas!  Some small wins - Eisa, Szmodics, Magnússon, Eliasson although transfer profit swallowed up with their wages over the period they were here.  Without Webster we would be in serious, serious trouble…although perversely we might not have gone out that season and spent £25m on:

Re the second bullet, that’s been the real saving grace.  Reid, Bryan and Kelly, with Semenyo, Scott and Conway to come.  It is this area that will allow us to return to trying to be sustainable (albeit with a bit of funding from SL).

We were mismanaged…shockingly so.

Hopefully we will see 21/22’s accounts this week.

[Mr Popodopolous]

23 minutes ago, Davefevs said:

(Holdings)

Revenue rose from £14.2m to £30.3m peak (dropped in 19/20 due to covid for last third of season).  That looks great, it more than doubled (113%).  But as you say ground development meant £14.2m was a false-bottom.  Even so, revenue grew by £16.1m, nice.

However, costs rose from £26.7m to £62.6m peak, a rise of £35.9m (134%).  For every £1.00 we increased revenue we spent £2.23 doing it.

It was masked by transfer profit.

The costs rose as follows:

Wages doubled, a combo of paying too much and for too many.

Amortisation (figs above are amortisation plus depreciation) went from £2m to £14m, a seven-fold increase, burdening us for a few years as players contracts and their transfer fee costs were sunk.

Other costs went up, but in many respects, there if of course costs in raising revenue.  So it’s okay saying we’ve increased revenue, but we didn’t raise it efficiently, far from it.  As fans, in our naivety we thought the stadium development would bring in extra money at zero cost.  Nope.

What was our strategy:

• buy young, develop, sell for a profit
• develop our own players

We executed that first bullet well four times - Flint, Kodjia, Webster and Brownhill.  We have failed miserably on some - Diedhiou, Massengo, Kalas!  Some small wins - Eisa, Szmodics, Magnússon, Eliasson although transfer profit swallowed up with their wages over the period they were here.  Without Webster we would be in serious, serious trouble…although perversely we might not have gone out that season and spent £25m on:

Re the second bullet, that’s been the real saving grace.  Reid, Bryan and Kelly, with Semenyo, Scott and Conway to come.  It is this area that will allow us to return to trying to be sustainable (albeit with a bit of funding from SL).

We were mismanaged…shockingly so.

Hopefully we will see 21/22’s accounts this week.

There was no doubt that the mismanagement was woeful, Webster sale saved the day to 2022, had Kelly occured in 2019-20 say that too would have given us more breathing space. Few million loss rather than that profit in 2018-19 but a profit in 2019-20...then again would the strategy have been doubled down on.

The revenue rises plus transfer profits, these eventually were more than eaten up by additional costs as you say.

A more pragmatic Cotts just in Year 1 and maybe he would have gained the b3nefit of the extra revenue and indeed the Kodjia sale amongst others.

What do we think the final profit on Webster was? Fee £20m, minus book value and sell on Ipswich...£14-15m perhaps?

I would say Webster helped to give the green light to the summer spree, Brownhill assisted wirh the January late flurry.

[Davefevs]

6 minutes ago, Mr Popodopolous said:

What do we think the final profit on Webster was? Fee £20m, minus book value and sell on Ipswich...£14-15m perhaps?

Yep that ball park

[chinapig]

39 minutes ago, Davefevs said:

(Holdings)

Revenue rose from £14.2m to £30.3m peak (dropped in 19/20 due to covid for last third of season).  That looks great, it more than doubled (113%).  But as you say ground development meant £14.2m was a false-bottom.  Even so, revenue grew by £16.1m, nice.

However, costs rose from £26.7m to £62.6m peak, a rise of £35.9m (134%).  For every £1.00 we increased revenue we spent £2.23 doing it.

It was masked by transfer profit.

The costs rose as follows:

Wages doubled, a combo of paying too much and for too many.

Amortisation (figs above are amortisation plus depreciation) went from £2m to £14m, a seven-fold increase, burdening us for a few years as players contracts and their transfer fee costs were sunk.

Other costs went up, but in many respects, there if of course costs in raising revenue.  So it’s okay saying we’ve increased revenue, but we didn’t raise it efficiently, far from it.  As fans, in our naivety we thought the stadium development would bring in extra money at zero cost.  Nope.

What was our strategy:

• buy young, develop, sell for a profit
• develop our own players

We executed that first bullet well four times - Flint, Kodjia, Webster and Brownhill.  We have failed miserably on some - Diedhiou, Massengo, Kalas!  Some small wins - Eisa, Szmodics, Magnússon, Eliasson although transfer profit swallowed up with their wages over the period they were here.  Without Webster we would be in serious, serious trouble…although perversely we might not have gone out that season and spent £25m on:

Re the second bullet, that’s been the real saving grace.  Reid, Bryan and Kelly, with Semenyo, Scott and Conway to come.  It is this area that will allow us to return to trying to be sustainable (albeit with a bit of funding from SL).

We were mismanaged…shockingly so.

Hopefully we will see 21/22’s accounts this week.

Were it down to me I'd pin your first 2 tables to the top of the forum for those who still can't see the near impossible circumstances Nigel is operating under.

Edited November 7, 2022 by chinapig

[Major Isewater]

49 minutes ago, Davefevs said:

Hopefully we will see 21/22’s accounts this week.

I question the word but understand the sentiment.