Phil V 72, on 22 July 2014 - 02:14 PM, said:
Optimistic forecasting is quite common in business, but many CEOs pay with their jobs if this becomes a year-on-year trend.
The theme I'm getting from the last few days is DA is putting his foot down and making a point, possibly sending Chris Turner out to take some flack --- punishment? It hasn't painted CT in a particularly flattering light, but that's the point of a CEO - to take those bullets from the outside world instead of the other employees of the business.
Given that attention has shifted from PC, it seems to have worked.
I would like to know one thing - who prepared the budget and who agreed that 7,000 attendances were to be put in the budget? What level of diligence was carried out on these figures?
I also think, despite the failure of TPATP, the club is onto something with summer concerts and should persevere - they just need more focus and drive to push the event - maybe a 2 or 3 month appointment of an events organiser whi is incentivised to fill the place.
Incidently I still think, when push comes to shove and the message has been received by those who messed up, that DA will fund some new signings before 31 August.
"It's no one's major mistake, it's just a fact! If you can't get an average of 7,000 every week when you're in the top three, then you have to re- group." (From CT's Statement today on yesterday's Statement by DA )
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Why would anyone budget for a substantially increased attendance figure, based on the top 3, when a game hasn't even been played and it's interesting to note that CT is now talking of 7500 - 8000 for this coming season ! - so on this year's calculation criteria 2015-16 will be a bare bones budget .
Again he states that the "Money from concerts was not enough" I was under the impression that money from concerts had always been earmarked for servicing the loans - so how come it has now affected and necessitated this 'trimming' of the budget - surely the disappointing concert revenue should have meant that less money than anticipated was paid back on the loans - having no bearing whatsover on the funds available for signings
What next ... A statement from DA about the statement from CT about the statement from DA ?