badgerx16 Posted 15 September, 2008 Share Posted 15 September, 2008 A lot is being made of our poor financial situation, and the consequences of it; being forced to play the youngsters, closing parts of St Mary's, etc., but does anybody have some direct comparisons of where we stand financially compared to teams such as Ipswich, Norwich, Sheff Utd & Wed, Preston, etc all of which I view as teams of a similar size and potential ? What I want to work out is whether the approach we are taking is truly the last and final option. Link to comment Share on other sites More sharing options...
alpine_saint Posted 15 September, 2008 Share Posted 15 September, 2008 They arent servicing a foook-off mortgage, and probably their ST sales are holding up better than ours because they have more genuine prospects this season than we do. Subsequently, I would argue that our finances are probably amongst the worst in this division. Link to comment Share on other sites More sharing options...
Saint Bones Posted 15 September, 2008 Share Posted 15 September, 2008 I think Alpine hit the nail on the head - The St Marys Mortgage must be up there as one of our biggest debts - alongside player wages. Hopefully we have started sorting the wages issue - but we owe what we owe on the mortgage. There isn't many quick fixes to that one. C'mon someone with more financial nous then me ( Yes a bowl of Jelly is in comparison) offer some good ideas Link to comment Share on other sites More sharing options...
South City Si Posted 15 September, 2008 Share Posted 15 September, 2008 TBF Norwich's owners had to put £2mill into NCFC to keep them going. Wednesday are into he sh1t, but have been expecting a take over for ages. Link to comment Share on other sites More sharing options...
Window Cleaner Posted 15 September, 2008 Share Posted 15 September, 2008 I suppose it takes about 9000 supporters per game to cover the mortgage repayments and interest. That leaves about 9000 to pay for everything else. St Mary's is millstone, built for premiership football after 20 odd years of being in the top flight it will continue to drag us down for a long while yet. Imagine if we had those extra 3 millions a year at our disposal, perhaps we could actually keep some of the better players our much vaunted academy produces.Trouble is without premiership football not only have attendances dropped away alarmingly but the average ticket price has too.Can't be much better than 16 quid now,and then there's VAT. Link to comment Share on other sites More sharing options...
lordswoodsaints Posted 15 September, 2008 Share Posted 15 September, 2008 as mike ashley has just realised,even if you are a billionaire it doesnt guarantee success.................£250 million spent with nothing to show apart from a club in turmoil with some very disgruntled fans and some very ordinary players and no silverware. stability is just as important as money coupled with a patient set of proper fans that do actually attend games regardless of what league we are in. we are no worse or better (financially) than most of the teams in this league but we seem to have a 'bigger club' expectancy level which shackles our progress.perhaps the other clubs fans are more realistic about their club and team,perhaps they support their team in bad times as well as good,perhaps it might even work here..........funnier things have happened. Link to comment Share on other sites More sharing options...
fanimal Posted 15 September, 2008 Share Posted 15 September, 2008 How? simple, start winning some football matches then you get into an upward spiral, not the vicious circle we are in now ffs. Link to comment Share on other sites More sharing options...
Weston Saint Posted 15 September, 2008 Share Posted 15 September, 2008 To make a good comparison you need to look at the wage bills for each Championship club. Outside of those with parachute payments coming in I assume we are very much out front. Add to that our overheads for the stadium and I would suggest we are (or were) very much in the mire. Half year accounts for period July - Dec 2008 will be the best way of assessing our position but that is a bit of a way off yet so we have to trust the boards actions until we know different. Link to comment Share on other sites More sharing options...
70's Mike Posted 15 September, 2008 Share Posted 15 September, 2008 as mike ashley has just realised,even if you are a billionaire it doesnt guarantee success.................£250 million spent with nothing to show apart from a club in turmoil with some very disgruntled fans and some very ordinary players and no silverware. stability is just as important as money coupled with a patient set of proper fans that do actually attend games regardless of what league we are in. we are no worse or better (financially) than most of the teams in this league but we seem to have a 'bigger club' expectancy level which shackles our progress.perhaps the other clubs fans are more realistic about their club and team,perhaps they support their team in bad times as well as good,perhaps it might even work here..........funnier things have happened. Sort of agree, are problems stem from the fact that a large number of our supporters have only ever known premiership/topflight football. Even within my family both my sons (20 and 14) are starting to exhibit apathy to going to away games. The elder fans do at least know about lower level football but the big difference to the 60's was hope. the way the game is now , and i know some are against it, that unless you attract massive overseas investment you cannot compete on the pitch , for a long period, in the premiership. Iam 54 and believe that we will never get back up without that massive investment, the costs of SMS are going to be there for years. Link to comment Share on other sites More sharing options...
Anders Posted 15 September, 2008 Share Posted 15 September, 2008 Read the other day that Plymouth made a loss of £1.8million despite selling most of their best players last season. Link to comment Share on other sites More sharing options...
Thedelldays Posted 15 September, 2008 Share Posted 15 September, 2008 . I guess that's the price you pay for your club having any identity at all these days. . what identity do we actually have then? seriously?? Link to comment Share on other sites More sharing options...
lordswoodsaints Posted 15 September, 2008 Share Posted 15 September, 2008 Sort of agree, are problems stem from the fact that a large number of our supporters have only ever known premiership/topflight football. Even within my family both my sons (20 and 14) are starting to exhibit apathy to going to away games. The elder fans do at least know about lower level football but the big difference to the 60's was hope. the way the game is now , and i know some are against it, that unless you attract massive overseas investment you cannot compete on the pitch , for a long period, in the premiership. Iam 54 and believe that we will never get back up without that massive investment, the costs of SMS are going to be there for years. too true,the second division days in the 70's held some of my best memories as a young fan,even in the old second division we were able to attract some of the best players in the land but things have moved on and players no longer want to play for footballing reasons,they simply go to the club that pays the best wages for their level and that unfortunatly is not us. although i would like to think that we are able to compete without the need to spend money as we did in the 70's i know it is not possible unless we are very very lucky,so im afraid we will require some sort of investment. playing in a lower league never put me off going to watch the team i love(perhaps i may have been too young to bother about it) and i certainly dont remember the old man ever being bothered by it so what is the difference today? my kids have a little moan now and again about our plight but they have never said that they didnt want to go anymore,but i also know a lot of people (with kids) that dont bother going because of the league we are in,which to me seems crazy but perhaps it is me who is nuts? perhaps i am inflicting a lifetime of misery on my kids :-) that'll teach em for all the times they have kept me up at night or thrown up down my shirt.pesky kids. Link to comment Share on other sites More sharing options...
eelpie Posted 15 September, 2008 Share Posted 15 September, 2008 too true,the second division days in the 70's held some of my best memories as a young fan,even in the old second division we were able to attract some of the best players in the land but things have moved on and players no longer want to play for footballing reasons,they simply go to the club that pays the best wages for their level and that unfortunatly is not us. although i would like to think that we are able to compete without the need to spend money as we did in the 70's i know it is not possible unless we are very very lucky,so im afraid we will require some sort of investment. playing in a lower league never put me off going to watch the team i love(perhaps i may have been too young to bother about it) and i certainly dont remember the old man ever being bothered by it so what is the difference today? my kids have a little moan now and again about our plight but they have never said that they didnt want to go anymore,but i also know a lot of people (with kids) that dont bother going because of the league we are in,which to me seems crazy but perhaps it is me who is nuts? perhaps i am inflicting a lifetime of misery on my kids :-) that'll teach em for all the times they have kept me up at night or thrown up down my shirt.pesky kids. Well said! Link to comment Share on other sites More sharing options...
Legod Second Coming Posted 15 September, 2008 Share Posted 15 September, 2008 too true,the second division days in the 70's held some of my best memories as a young fan,even in the old second division we were able to attract some of the best players in the land but things have moved on and players no longer want to play for footballing reasons,they simply go to the club that pays the best wages for their level and that unfortunatly is not us. although i would like to think that we are able to compete without the need to spend money as we did in the 70's i know it is not possible unless we are very very lucky,so im afraid we will require some sort of investment. playing in a lower league never put me off going to watch the team i love(perhaps i may have been too young to bother about it) and i certainly dont remember the old man ever being bothered by it so what is the difference today? my kids have a little moan now and again about our plight but they have never said that they didnt want to go anymore,but i also know a lot of people (with kids) that dont bother going because of the league we are in,which to me seems crazy but perhaps it is me who is nuts? perhaps i am inflicting a lifetime of misery on my kids :-) that'll teach em for all the times they have kept me up at night or thrown up down my shirt.pesky kids. :) Link to comment Share on other sites More sharing options...
70's Mike Posted 16 September, 2008 Share Posted 16 September, 2008 too true,the second division days in the 70's held some of my best memories as a young fan,even in the old second division we were able to attract some of the best players in the land but things have moved on and players no longer want to play for footballing reasons,they simply go to the club that pays the best wages for their level and that unfortunatly is not us. although i would like to think that we are able to compete without the need to spend money as we did in the 70's i know it is not possible unless we are very very lucky,so im afraid we will require some sort of investment. playing in a lower league never put me off going to watch the team i love(perhaps i may have been too young to bother about it) and i certainly dont remember the old man ever being bothered by it so what is the difference today? my kids have a little moan now and again about our plight but they have never said that they didnt want to go anymore,but i also know a lot of people (with kids) that dont bother going because of the league we are in,which to me seems crazy but perhaps it is me who is nuts? perhaps i am inflicting a lifetime of misery on my kids :-) that'll teach em for all the times they have kept me up at night or thrown up down my shirt.pesky kids. as my eldest lad said driving us home from Qpr on Sunday, he is 20 so he has watched the team in the premiership since he was 6, "Dad the problem is we have been to Universal theme parks in Orlando and now you expect us to get exited by going to Paultons, Get Real." In our youth there was nothing else other than the County Ground, Speedway or Ice Hockey if you loved football you went to the Dell, now the alternatives are vast and the worst thing of the lot is you can still love football and never see a live game. Progress ? not sure myself Link to comment Share on other sites More sharing options...
Window Cleaner Posted 16 September, 2008 Share Posted 16 September, 2008 as my eldest lad said driving us home from Qpr on Sunday, he is 20 so he has watched the team in the premiership since he was 6, "Dad the problem is we have been to Universal theme parks in Orlando and now you expect us to get exited by going to Paultons, Get Real." In our youth there was nothing else other than the County Ground, Speedway or Ice Hockey if you loved football you went to the Dell, now the alternatives are vast and the worst thing of the lot is you can still love football and never see a live game. Progress ? not sure myself Well there was the brief era of Sperring's Solent Stars, meteoric rise in the constrained world of English basketball and a meteoric fall as well. Link to comment Share on other sites More sharing options...
70's Mike Posted 16 September, 2008 Share Posted 16 September, 2008 Well there was the brief era of Sperring's Solent Stars, meteoric rise in the constrained world of English basketball and a meteoric fall as well. Forgot that although it was a team build because of money and then lack of it. Sperrings , a name from the past, wonder how many in the city used to say "meet you outside Sperrings and then get bus into Town" Link to comment Share on other sites More sharing options...
itchen Posted 16 September, 2008 Share Posted 16 September, 2008 How? simple, start winning some football matches then you get into an upward spiral, not the vicious circle we are in now ffs. If ypu don't mind, I'm going to copy this into a letter and send it to the board. I'm sure they've never thought about this. Link to comment Share on other sites More sharing options...
Saint Martini Posted 17 September, 2008 Share Posted 17 September, 2008 This quote from Brian Laws should give you an indication about Sheff Weds financial status. If they had any money whatsoever they would have flown. "The trip epitomised our day. We left Sheffield at 8am and didn't get to Reading until 3pm. "We hit accidents on the M1 and the M40 and sitting it out on a coach for seven hours isn't great. "I don't want to use too many excuses but that was a major factor. To give them two goals in the first 10 minutes was absolutely soul destroying." Link to comment Share on other sites More sharing options...
Doctoroncall Posted 17 September, 2008 Share Posted 17 September, 2008 This is a good website about financews in football: http://www.footballeconomy.com/ News about the skates being a possible target by some arab group. Link to comment Share on other sites More sharing options...
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