60s 70s Spireite, on 07 February 2016 - 08:58 AM, said:
For years we have heard 'a football club needs to make use of its
facilities every day of the year rather than just say 25 times a year', and yet this will be effectively where the club will be at.
Plus the administration burden on the club's staff will increase with the posting of expenses and income to the two different companies, and cross billing from one to the other.
Can't they understand the concept of simple departmental accounting within one company?
I personally believe that DA's motive in seperating the two aspects of the club is far more cynical. By removing the revenue stream that the hospitality side generates, the football side of the business is left exposed to greater financial demands.
In making such a move DA is, to all intents and purposes, casting us (the club) adrift. What worries me is that should the financing of the football side (which is far from transparent) fall further into the red, DA could quite essily just say 'right, you're not paying your way'', offload the 'club' from the business and simply rent a playing surface and a dressing room back to CFC from a newly formed 'Daves Dining & ITV Day Time Quiz Nights Ltd'.
That may sound cynical but I don't see any other reason for seperating the business. Telling us that it will make it easier for us to understand is simply patronising and assumes that many Town fans don't have businesses of their own, and with those businesses (or similar experience from their individual working lives) a far better understanding of profit and loss than his hand-picked team.