Interesting point. The scheme is funded by the employees and employers and all that money comes from??? Apparently there is a deficit but the amount is open to debate.
http://boards.fool.co.uk/lgps-12207073.aspx
Take your pick:
http://www.thisismoney.co.uk/money/news/article-1611158/25-of-council-tax-spent-on-pensions.html
http://www.telegraph.co.uk/news/uknews/1508474/26pc-of-council-tax-goes-on-public-pensions.html
http://www.thisislondon.co.uk/news/article-23491631-how-a-quarter-of-council-tax-goes-towards-town-hall-workers-pensions.do
http://www.taxpayersalliance.com/waste/2011/05/rising-cost-council-pensions-eating-local-government-budgets.html
All from a couple of years ago.
Should that have been 'several million-pound' players, or 'several-million pound' players? I don't think we have either to be honest. I fear that next season is going to be a rude awakening. There are many established teams who look stronger than us.
There can be a number of reasons for this. For example, my daughter's birthday is in June and I always used to buy her a season ticket as one of her presents. Many people are on holiday in July and out of the country. What are they supposed to do? Telephone at enormous expense? Try to get online and set up an account in Bongo-Bongo land? Look at it the other way. What possible reason could there be for not putting them on sale earlier?
You can't just take the raw figures and use them that way.They might have all been installed in the last month. Properly sited and installed payback time should be better than 10 years. it's tax-free and index-linked, but your money is tied up, for the payback time at least.
Not every season-ticket holder has internet access, nor emails, especially the 'agedly challenged', in which case a postal reminder/invitation would have been the sensible approach.