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£250m + valuation. A mystery to me
at 11:23 24 Mar 2024

The last 2 years have been astonishing. Great football, goals galore, we all know the story. We're on the up - it is brilliant!

And yet, it is an absolute mystery to me how we are suddenly worth £250m. It seems totally crackers.

We make a massive loss, year after year
Our wages alone are very close to 100% of turnover
And we're a relatively small operation. £22m turnover last year, maybe about £30m this?

Asset wise, our playing squad is worth what? Perhaps £50m, and that's giving generous valuations to Davis, Chaplin, Burns, Woolf, Hirst etc. And if we sold them we need to replace them, obviously
We don't own our ground
Lots of investment is still required, including a new stand

If and when we go up, we'll have to spend to compete
The bizarre financial rules of The Premiership mean we can't spend, spend, spend as they will then dock points. So it will be hard to compete

I'm delighted people want to invest, it is fantastic, and I totally get the excitement of what is potentially ahead.
But I sure don't get the valuation!

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Whatever happened to the kids?
at 18:15 31 Aug 2018

So, now we know. Most of our kids are not deemed ready yet.

I get it: they should get lots of games, and build experience and toughen themselves up etc. Good reasons can be given for all of them, individually.
(And also, being v positive Downes might break through I guess, and Dozzell too in a few months, possibly.)

But also... really? Is that what we have to do?
Part of the excitement of supporting the club comes from the youth players, seeing them make debuts, come of the bench, break through. It worked with Burley, with Robson. It is risky, yes, but also potentially very rewarding.

I get it. But it seems a shame, and a little deflating.

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Flynn Downes ion bench again yesterday
at 11:44 15 Apr 2018

He’s had a real yo-yo of a season. Looking forward to see if he can kick on next year.

Likewise Nydam, who Klug said was excellent yesterday.

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Happy 60th to Warky
at 11:47 4 Aug 2017

Awesome player, awesome man too. What we'd give for someone like him this season.

Who is the most similar to Warky playing these days?

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