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The Administration Thread


Boycie

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55 minutes ago, PistoldPete said:

I am not suggesting we have any input on the plan. Just to know what it is. If there is wage cap and a transfer ban what will the season ticket money be spent on? 

I’m not sure why you even need to ask the question. Surely it’s pretty obvious that it will be spent on wages (playing and none playing staff), transfers (are we actually under an embargo still or just subject to certain controls?) and other operating expenses.

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1 hour ago, Tamworthram said:

I’m not sure why you even need to ask the question. Surely it’s pretty obvious that it will be spent on wages (playing and none playing staff), transfers (are we actually under an embargo still or just subject to certain controls?) and other operating expenses.

I just think £8 m absolute wage cap is very penal… I was expecting more like £10m . We may get more than £8 m in ticket money alone.  Then there’s all the other income . Relegated teams would normally get a cap of 75% of revenue.

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EFL have to answer how CK passed their fit and proper test along with the arrogant Q, so the fit and proper test is not worth the paper its written on, wait a minute Ridsdale passed it says it all, on a serious note for Derby how much these 2 cowboys cost Derby, hope we take action for compensation.

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There's a lot of costs to running a football club that aren't players wages, same as ticket sales aren't the only income.

Published accounts are the most you're likely to get apart from vague suggestions from the owner's about budgets and expectations.

I'm honestly not sure what the suggestion is if ticket sales are more than £8m over the season and wages are capped at £8m - is it some notion that they'll go to the owner as profits?

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14 minutes ago, PistoldPete said:

I just think £8 m absolute wage cap is very penal… I was expecting more like £10m . We may get more than £8 m in ticket money alone.  Then there’s all the other income . Relegated teams would normally get a cap of 75% of revenue.

If the club choose to share details of anything so be it and that's great but when/if you pay for a concert/theatre ticket do you expect to see details of their expenditure first?  We have no idea what Mr Clowes has agreed to on an ongoing basis on buying the club and that's fine. 
You think the discussions on here are are anal about amortisation which is at least football related - what will happen if the stationery budget figures are available?

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21 minutes ago, Mihangel said:

He's a teacher.

a lecturer in finance at a uni isnt he specialising in football finance? And presumably doing consultancy work also if he gets paid for some commentating? So it is his job really. If only we were paid for being on here we could have bought the club ourselves

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