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dtp, on 24 November 2015 - 03:14 PM, said:
John Croot was there last night but said absolutely nothing and preferring to let others field all related questions!!!
John, rightly, kept his powder dry.
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Posted 28 November 2015 - 01:25 PM
John, rightly, kept his powder dry.
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Posted 28 November 2015 - 01:40 PM
Middle East, on 28 November 2015 - 12:15 PM, said:
No room for savings eh? Having studied the accounts at length there is an area where significant savings can be made...
Wages, player costs was £3.95m
Previous seasons playing budget £1.7m
Leaving £2.25m being spent on others wages....if you are looking where savings can be made let's start here!
248 staff according to the accounts! 71 management, players and coaches and 94 on the admin and banqueting side both of which are way too high for a club of our size!
It boils down to which individual is being payed for what and and that isn't in the abridged version of what us shareholders get!
Neither is a breakdown of the income streams...
We know we got the Cooper/Majority of the Doyle money so let's say £1.5m but overall turnover only went up by £1 million, meaning we are at least £500k down on overall! Which when you consider crowds were up, we had a cup run and got some compensation for Cook/Roberts means that other revenues were well down! So commercial, tv, advertising etc. must have fallen significantly...and my question to the board had I made it to the AGM would have been be why?
It's unacceptable for a club with our income streams to be losing £1m every year and for me if the club was run more financially efficiently DA wouldn't have any need to moan, because he wouldn't have to keep putting money in... but at the end of the day he's the one calling the shots!
The gap has only been temporarily plugged by player sales but a business model based on hoping we can make up our shortfall by doing this every year is simply pie in the sky.
I have to say that I really beg to differ with Ashley Carson's assertion that we are in a strong financial position!
Wages, player costs was £3.95m
Previous seasons playing budget £1.7m
Leaving £2.25m being spent on others wages....if you are looking where savings can be made let's start here!
248 staff according to the accounts! 71 management, players and coaches and 94 on the admin and banqueting side both of which are way too high for a club of our size!
It boils down to which individual is being payed for what and and that isn't in the abridged version of what us shareholders get!
Neither is a breakdown of the income streams...
We know we got the Cooper/Majority of the Doyle money so let's say £1.5m but overall turnover only went up by £1 million, meaning we are at least £500k down on overall! Which when you consider crowds were up, we had a cup run and got some compensation for Cook/Roberts means that other revenues were well down! So commercial, tv, advertising etc. must have fallen significantly...and my question to the board had I made it to the AGM would have been be why?
It's unacceptable for a club with our income streams to be losing £1m every year and for me if the club was run more financially efficiently DA wouldn't have any need to moan, because he wouldn't have to keep putting money in... but at the end of the day he's the one calling the shots!
The gap has only been temporarily plugged by player sales but a business model based on hoping we can make up our shortfall by doing this every year is simply pie in the sky.
I have to say that I really beg to differ with Ashley Carson's assertion that we are in a strong financial position!
Is Chesterfield FC becoming the modern version of a 1970s nationalised industry - Chesterfield BL!
