 | News
Comment | Five First-Year Pros Released
at 17:15:27
I saw October play a couple of times for Histon. He didn't shine nearly enough for me to think we'd offer him anything. Disappointing as I was impressed with him as a youth. I wish him (and the others) well. |
| News
Comment | Ainsley Joins Lowestoft
at 09:30:25
I think this is his level actually. I saw him play a few times for both Ipswich and Histon and I don't think he's close to League one standard. Nice turn of pace but not good enough at reading the game.
@Fartman - aaah, so Okay has rocked up at Lowestoft has he? He'd developed into a midfield enforcer/general at Histon. Quite a good one too. I observed a few of his colleagues receiving a rollocking from him when their level dropped. Just what each team needs. |
| News
Comment | Trust Launches Academy Petition
at 11:45:25
Jonwillpott - try thinking about the difference between an internal and an external debt. If ME was to decide he couldn't afford to (od didn't want to) subsidise us on an annual basis we wouldn't go into admin. What would happen was we'd end up with a smaller number of players on lower salaries. Which may be better or may be worse.
If ME decided he wanted to sell the club (to recoup some of his investment) he'd either have to sell the debt too, or write it off. Nobody would offer ME any money for a club if he held a lot of debt.
Administration is not going to happen as long as our debt remains internal. |
| News
Comment | Trust Launches Academy Petition
at 10:41:30
(cross-posted from the forum)
The problem with is that we don't know any of the facts.
We don't know how much a Category 1 academy will cost to run.
We don't know how much a Category 2 academy will cost to run.
We don't know if we sign up to a Category 1 academy if we'd be able to downgrade to a Category 2 in the event of relegation or ME not funding us.
Crucially we don't know if a rich owner will be allowed to subsidise the academy or will that money would mean we break the financial fair play rules.
If it costs £2m a season to run a Cat 1 academy, and that money can't come from ME's pockets, then that's money that we just can't afford. It isn't the fault of Evans or Clegg, and it isn't ITFC turning it's back on our rich heritage of youth development.
It may well just be that the FA in their infinite wisdom have made it virtually impossible for us to run a Cat 1 academy with the income stream we have, and no number of signatures on a petition, no amount of chanting, no amount of boycotting or waving of bedsheets would change that. Sadly.
One more point. The Trust (and many fans) are worried about what would happen to the club should ME leave, or run out of money or lose interest in financing a loss-making football club where he is increasingly unpopular with some fans who (bizarely) resent not seeing his face. Whilst Evans monies are used to sign expensive players on short term contracts we are actually pretty unexposed to such an evantuality. We aren't comitting to a large payroll bill in the coming seasons because we have few players tied up on expensive long contracts. The academy though is a long-term decision and would leave us much more exposed.
Should we get relegated at the moment and ME cut the cord, we'd probably be able to survive as we'd be able to reduce our wage bill very quickly.
Whether we'd be able to survive as a going concern in Division 3 with a Category 1 academy and no benefactor is much less clear.
Regrettably it is not a surprise to me that the trust seem unable to think through all this. |
| Blog
Comment | Trust Launches Academy Petition
at 10:41:30
(cross-posted from the forum)
The problem with is that we don't know any of the facts.
We don't know how much a Category 1 academy will cost to run.
We don't know how much a Category 2 academy will cost to run.
We don't know if we sign up to a Category 1 academy if we'd be able to downgrade to a Category 2 in the event of relegation or ME not funding us.
Crucially we don't know if a rich owner will be allowed to subsidise the academy or will that money would mean we break the financial fair play rules.
If it costs £2m a season to run a Cat 1 academy, and that money can't come from ME's pockets, then that's money that we just can't afford. It isn't the fault of Evans or Clegg, and it isn't ITFC turning it's back on our rich heritage of youth development.
It may well just be that the FA in their infinite wisdom have made it virtually impossible for us to run a Cat 1 academy with the income stream we have, and no number of signatures on a petition, no amount of chanting, no amount of boycotting or waving of bedsheets would change that. Sadly.
One more point. The Trust (and many fans) are worried about what would happen to the club should ME leave, or run out of money or lose interest in financing a loss-making football club where he is increasingly unpopular with some fans who (bizarely) resent not seeing his face. Whilst Evans monies are used to sign expensive players on short term contracts we are actually pretty unexposed to such an evantuality. We aren't comitting to a large payroll bill in the coming seasons because we have few players tied up on expensive long contracts. The academy though is a long-term decision and would leave us much more exposed.
Should we get relegated at the moment and ME cut the cord, we'd probably be able to survive as we'd be able to reduce our wage bill very quickly.
Whether we'd be able to survive as a going concern in Division 3 with a Category 1 academy and no benefactor is much less clear.
Regrettably it is not a surprise to me that the trust seem unable to think through all this. |
| News
Comment | Town Amongst Trio Eyeing Slovenian Defender
at 22:10:49
" but everyone pays their money and can do what they want as long as it is legal"
No. No they can't. If someone is spoiling the enjoyment of significant numbers of people the club are entirely within their rights to ask them to leave, irrespective of whether they have broken any laws. |
| News
Comment | TWTD Poker Tournament #4
at 09:27:05
I'm aware of the home games option on Stars, but haven't investigated it fully.
I may do for the next time we run this. |
| News
Comment | TWTD Poker Tournament #4
at 16:32:32
We have in the past had the occasional budgie visitor throwing their $10 in the ring. |
| | BOjK
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