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Quote from: silent majority on August 02, 2021, 10:55:43 amQuote from: NickDRFC on August 02, 2021, 10:13:53 amQuote from: silent majority on August 02, 2021, 09:44:15 amI can't believe that we are here again, discussing the budget and ownership with a set of WUM's who have no idea how any of this works.1) The budget doesn't fluctuate depending on how many season tickets are being sold.2) The budget was set months ago, is higher than it was 2 seasons ago, and considerably higher than last season for obvious reasons.3) The total club budget was set on a very low expectation for ST sales, which was surpassed weeks ago and continues to delight the club with the level of sales achieved4) Club Doncaster is not a charity, and the owners don't reclaim any money, either from the club or from the taxman5) The Foundation, which sits inside Club Doncaster, is a charity, as is every Foundation at every league club up and down the country6) The budget has not been used up yet, as with all budgets allowing players to leave changes the ratio, but its far too early to be writing the rebuild off7) Its been made clear by the club that the rebuild will not be done in one transfer window, so we need patienceThe VSC, a supporters trust, is here for one major reason, to keep tabs on the ownership and financial health of the club, and as such we know more about the ongoing situation than anyone. We are perfectly happy at this current stage and believe the club has managed throughout the pandemic better than most.If there's anything specific you need me to cover please ask, I'm meeting Gavin later today and can always ask.Thanks SM, just one from me. With point 3, with these higher than expected sales does (or rather will) that additional revenue get spent somewhere or just reduce the additional funding needed to plug the shortfall?I wouldn't say that the ST sales are higher than expected, more a case of higher than the budget. The club, at the time of budget setting, had no idea how many tickets would be sold so worked on a figure that they felt they would achieve if everything covid wise was stacked against them.But to answer your question, I think that it will be a case of wait and see. The club still have massive debts to deal with, and the budget is set so as to see them paid off at the end of this season and into next summer. I think the budgeted figures will remain the same for the time being and the additional revenue will be a nice cushion.Was the option of owners paying off the debt and being paid back over a longer period never an option to minimise the short term impact of the pandemic?
Quote from: NickDRFC on August 02, 2021, 10:13:53 amQuote from: silent majority on August 02, 2021, 09:44:15 amI can't believe that we are here again, discussing the budget and ownership with a set of WUM's who have no idea how any of this works.1) The budget doesn't fluctuate depending on how many season tickets are being sold.2) The budget was set months ago, is higher than it was 2 seasons ago, and considerably higher than last season for obvious reasons.3) The total club budget was set on a very low expectation for ST sales, which was surpassed weeks ago and continues to delight the club with the level of sales achieved4) Club Doncaster is not a charity, and the owners don't reclaim any money, either from the club or from the taxman5) The Foundation, which sits inside Club Doncaster, is a charity, as is every Foundation at every league club up and down the country6) The budget has not been used up yet, as with all budgets allowing players to leave changes the ratio, but its far too early to be writing the rebuild off7) Its been made clear by the club that the rebuild will not be done in one transfer window, so we need patienceThe VSC, a supporters trust, is here for one major reason, to keep tabs on the ownership and financial health of the club, and as such we know more about the ongoing situation than anyone. We are perfectly happy at this current stage and believe the club has managed throughout the pandemic better than most.If there's anything specific you need me to cover please ask, I'm meeting Gavin later today and can always ask.Thanks SM, just one from me. With point 3, with these higher than expected sales does (or rather will) that additional revenue get spent somewhere or just reduce the additional funding needed to plug the shortfall?I wouldn't say that the ST sales are higher than expected, more a case of higher than the budget. The club, at the time of budget setting, had no idea how many tickets would be sold so worked on a figure that they felt they would achieve if everything covid wise was stacked against them.But to answer your question, I think that it will be a case of wait and see. The club still have massive debts to deal with, and the budget is set so as to see them paid off at the end of this season and into next summer. I think the budgeted figures will remain the same for the time being and the additional revenue will be a nice cushion.
Quote from: silent majority on August 02, 2021, 09:44:15 amI can't believe that we are here again, discussing the budget and ownership with a set of WUM's who have no idea how any of this works.1) The budget doesn't fluctuate depending on how many season tickets are being sold.2) The budget was set months ago, is higher than it was 2 seasons ago, and considerably higher than last season for obvious reasons.3) The total club budget was set on a very low expectation for ST sales, which was surpassed weeks ago and continues to delight the club with the level of sales achieved4) Club Doncaster is not a charity, and the owners don't reclaim any money, either from the club or from the taxman5) The Foundation, which sits inside Club Doncaster, is a charity, as is every Foundation at every league club up and down the country6) The budget has not been used up yet, as with all budgets allowing players to leave changes the ratio, but its far too early to be writing the rebuild off7) Its been made clear by the club that the rebuild will not be done in one transfer window, so we need patienceThe VSC, a supporters trust, is here for one major reason, to keep tabs on the ownership and financial health of the club, and as such we know more about the ongoing situation than anyone. We are perfectly happy at this current stage and believe the club has managed throughout the pandemic better than most.If there's anything specific you need me to cover please ask, I'm meeting Gavin later today and can always ask.Thanks SM, just one from me. With point 3, with these higher than expected sales does (or rather will) that additional revenue get spent somewhere or just reduce the additional funding needed to plug the shortfall?
I can't believe that we are here again, discussing the budget and ownership with a set of WUM's who have no idea how any of this works.1) The budget doesn't fluctuate depending on how many season tickets are being sold.2) The budget was set months ago, is higher than it was 2 seasons ago, and considerably higher than last season for obvious reasons.3) The total club budget was set on a very low expectation for ST sales, which was surpassed weeks ago and continues to delight the club with the level of sales achieved4) Club Doncaster is not a charity, and the owners don't reclaim any money, either from the club or from the taxman5) The Foundation, which sits inside Club Doncaster, is a charity, as is every Foundation at every league club up and down the country6) The budget has not been used up yet, as with all budgets allowing players to leave changes the ratio, but its far too early to be writing the rebuild off7) Its been made clear by the club that the rebuild will not be done in one transfer window, so we need patienceThe VSC, a supporters trust, is here for one major reason, to keep tabs on the ownership and financial health of the club, and as such we know more about the ongoing situation than anyone. We are perfectly happy at this current stage and believe the club has managed throughout the pandemic better than most.If there's anything specific you need me to cover please ask, I'm meeting Gavin later today and can always ask.
Quote from: roversdude on August 01, 2021, 10:52:24 pmQuote from: since-1969 on August 01, 2021, 10:12:46 pmQuote from: RoversAlias on August 01, 2021, 05:29:28 pmOh dear. Jordy Hiwula out for "several months" and Okenabirhie at least eight weeks, according to Wellens.Leaves us with a forward line of only Bogle, Cukur, Barlow and Taylor to choose from. What do we do now? Bellends !! Has spent his way into corner and with trailists still being trooped out , injuries now piled up and several players not off the books yet and his first game only six days away , so he will be on his knees on Monday morning trying to justify how he has done this ..you couldn’t make this up !!So you slag Richie on this thread and hail him as a saviour on another ?????I don’t remember anyone slagging him off to be honest
Quote from: since-1969 on August 01, 2021, 10:12:46 pmQuote from: RoversAlias on August 01, 2021, 05:29:28 pmOh dear. Jordy Hiwula out for "several months" and Okenabirhie at least eight weeks, according to Wellens.Leaves us with a forward line of only Bogle, Cukur, Barlow and Taylor to choose from. What do we do now? Bellends !! Has spent his way into corner and with trailists still being trooped out , injuries now piled up and several players not off the books yet and his first game only six days away , so he will be on his knees on Monday morning trying to justify how he has done this ..you couldn’t make this up !!So you slag Richie on this thread and hail him as a saviour on another ?????
Quote from: RoversAlias on August 01, 2021, 05:29:28 pmOh dear. Jordy Hiwula out for "several months" and Okenabirhie at least eight weeks, according to Wellens.Leaves us with a forward line of only Bogle, Cukur, Barlow and Taylor to choose from. What do we do now? Bellends !! Has spent his way into corner and with trailists still being trooped out , injuries now piled up and several players not off the books yet and his first game only six days away , so he will be on his knees on Monday morning trying to justify how he has done this ..you couldn’t make this up !!
Oh dear. Jordy Hiwula out for "several months" and Okenabirhie at least eight weeks, according to Wellens.Leaves us with a forward line of only Bogle, Cukur, Barlow and Taylor to choose from. What do we do now?
You would think that there's no benefit in doing so. Ultimately as a loss making club the owners pay it whenever it's paid. Thus it's their choice to determine how, when and what level of funds they input.I would question if they could have just paid it off. But that's then me asking someone else to give even more money away, something I'm not keen on doing as it is their choice. You'd typically of course maximise the options HMRC give in terms of timing but it still boils down to a debt the owners will cover. It's about how much they input after that which drives the budget really.Frankly until someone with looser strings comes along we have to accept that it's the choice of those funding the club.
Quote from: big fat yorkshire pudding on August 02, 2021, 02:43:53 pmYou would think that there's no benefit in doing so. Ultimately as a loss making club the owners pay it whenever it's paid. Thus it's their choice to determine how, when and what level of funds they input.I would question if they could have just paid it off. But that's then me asking someone else to give even more money away, something I'm not keen on doing as it is their choice. You'd typically of course maximise the options HMRC give in terms of timing but it still boils down to a debt the owners will cover. It's about how much they input after that which drives the budget really.Frankly until someone with looser strings comes along we have to accept that it's the choice of those funding the club.Looser strings will never be loose enough for some people. Just enjoy the ride.
Quote Let me enlighten you how a sustainable championship club actually works in reality because I'm a fan of one .Our wage bill is £13m and rising every season at an alarming rate , it was £9m in league one two seasons ago and ours is amongst the smallest at this level .What comes in doesn't meet what goes out so to balance the books we have to sell our better players .The club have sold almost 12k season tickets this summer and we get £8m from Sky and it still doesn't balance the books .That is an excellent post, Tyke, and it highlights exactly where we are and what we are up against to get anywhere near the Championship.I might be wrong here, as our wage bill is never openly put out there for scrutiny, but I don’t think we are anywhere near £9M (and we’re a few years on from that quoted figure).It speaks volumes about expectation and where it should be!
Let me enlighten you how a sustainable championship club actually works in reality because I'm a fan of one .Our wage bill is £13m and rising every season at an alarming rate , it was £9m in league one two seasons ago and ours is amongst the smallest at this level .What comes in doesn't meet what goes out so to balance the books we have to sell our better players .The club have sold almost 12k season tickets this summer and we get £8m from Sky and it still doesn't balance the books .
I am a bit surprised by all the negativity on here. Anyone would think we are the only club in league one that has suffered a loss of income due to covid.