| in League one 21:53 - Apr 19 with 2648 views | pennblue |
Assuming Evans is not going to invest any more than the minimum, how much would I t take to run the club on a shoe string like he is?
£5 million per season?
Just wondering how close we are to being able to build a
Consortium |  |
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| in League one on 21:57 - Apr 19 with 2611 views | tractorgirls |
about a billion miles |  |
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| in League one on 22:02 - Apr 19 with 2577 views | bournemouthblue |
You're going to need way more money than that sadly |  |
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| in League one on 22:04 - Apr 19 with 2569 views | pennblue |
| in League one on 22:02 - Apr 19 by bournemouthblue |
You're going to need way more money than that sadly |
Really? I thought he was only putting in £7 million in the championship
And therefore running costs will be lower in league one? | |
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| in League one on 22:08 - Apr 19 with 2553 views | catch74 |
| in League one on 22:04 - Apr 19 by pennblue |
Really? I thought he was only putting in £7 million in the championship
And therefore running costs will be lower in league one? |
Think it was announced we’ll lose £9m per year in Div 1 v Championship (mainly broadcasting income.) Think it was also mentioned that Evans wants about £35m for the club. |  |
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| in League one on 22:08 - Apr 19 with 2555 views | HARRY10 |
| in League one on 22:04 - Apr 19 by pennblue |
Really? I thought he was only putting in £7 million in the championship
And therefore running costs will be lower in league one? |
That figure is another urban myth as we seem to be selling players without the money being reinvested in the squad.
As it stands in '17/18 our income was 17m. Next season we are going to losing around £7m tv money so we will need a massive cut in wages to meet that reduced figure. | | | |
| in League one on 22:12 - Apr 19 with 2532 views | pennblue |
| in League one on 22:08 - Apr 19 by HARRY10 |
That figure is another urban myth as we seem to be selling players without the money being reinvested in the squad.
As it stands in '17/18 our income was 17m. Next season we are going to losing around £7m tv money so we will need a massive cut in wages to meet that reduced figure. |
So if our income drops to £10 million what is the outgoings? | |
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| in League one on 22:31 - Apr 19 with 2465 views | Ftnfwest |
| in League one on 22:08 - Apr 19 by catch74 |
Think it was announced we’ll lose £9m per year in Div 1 v Championship (mainly broadcasting income.) Think it was also mentioned that Evans wants about £35m for the club. |
Our income will go down by up to 9m. We won’t necessarily lose that as the wage bill will go down significantly. Of course we already lose 6m a year in the championship |  | | |
| in League one on 07:40 - Apr 20 with 2269 views | pennblue |
| in League one on 22:31 - Apr 19 by Ftnfwest |
Our income will go down by up to 9m. We won’t necessarily lose that as the wage bill will go down significantly. Of course we already lose 6m a year in the championship |
So investment needed will be £6 million plus wages excess
Can’t believe we have that many high earners left | |
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| in League one on 08:36 - Apr 20 with 2194 views | Ftnfwest |
| in League one on 07:40 - Apr 20 by pennblue |
So investment needed will be £6 million plus wages excess
Can’t believe we have that many high earners left |
I’m imagining overall our loss will go up to £10-12m ish, so one or two remaining seniors like Bart who we might get £1m for now would be going to further bridge the gap back to the previous £6m annual overspend | | | |
| in League one on 09:19 - Apr 20 with 2135 views | RegencyBlue |
I don’t think you have to assume that, he said as much in his letter! |  | | |
| in League one on 09:41 - Apr 20 with 2094 views | Cheltenham_Blue |
Because Evans has the FFP to continually get him out of jail in regards to investment.
The EFL have set the bar now with Brum's 9 point deduction. An awful lot of owners will see that as an acceptable risk. Evans will not fit into that category. |  |
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| in League one on 09:49 - Apr 20 with 2073 views | Bluefish |
Ignoring the ridiculousness of thinking this would be possible and getting ME to give the club for nothing to a consortium that might be able to scrape 5 million together. We can focus on where you think you can get enough people to invest in something that probably wouldnt survive past a few months and has 0 chance of a return on investment. |  |
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| in League one on 10:19 - Apr 20 with 2034 views | pennblue |
| in League one on 09:49 - Apr 20 by Bluefish |
Ignoring the ridiculousness of thinking this would be possible and getting ME to give the club for nothing to a consortium that might be able to scrape 5 million together. We can focus on where you think you can get enough people to invest in something that probably wouldnt survive past a few months and has 0 chance of a return on investment. |
Well that is the question, how hard would it be to get such a consortium.
I think the chance of investment point is null and void. Football should not be viewed as an investment imo, and owners should not be in it for that reason. I think this is the main problem we have with Evans, he views it as such.
I think I have made the point before, that I view football club ownership in the same category as boat ownership, and flash car ownership. Most of the time, neither make any sense financially, you do it for the enjoyment. | |
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| in League one on 10:21 - Apr 20 with 2027 views | Herbivore |
Jesus wept. |  |
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| in League one on 10:24 - Apr 20 with 2017 views | footers |
| in League one on 10:19 - Apr 20 by pennblue |
Well that is the question, how hard would it be to get such a consortium.
I think the chance of investment point is null and void. Football should not be viewed as an investment imo, and owners should not be in it for that reason. I think this is the main problem we have with Evans, he views it as such.
I think I have made the point before, that I view football club ownership in the same category as boat ownership, and flash car ownership. Most of the time, neither make any sense financially, you do it for the enjoyment. |
Can't say much more at this point for legal reasons, but I can tell you that I with some other interested parties are considering this seriously.
We are not looking at taking other capital on board at this stage but we may well have to if the numbers don't work. |  |
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| in League one on 11:26 - Apr 20 with 1912 views | pointofblue |
I think most of Evans money is in investments rather than hard cash. Norwich have also had the Maddison income which we didn’t get. Sheffield United are the plucky club who have over-achieved, a role which we fulfilled before but couldn’t get over the line. | |
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