[Snowflake McBedwetter]

sewey89, on 07 March 2024 - 06:10 AM, said:

Such disregard for the people who saved the club and got us to where we are now.

Without the Kirks the club would be up merde creek without a paddle.

You might not like it. But them's the facts.

[Mac's Back]

Snowflake McBedwetter, on 08 March 2024 - 01:43 PM, said:

Without the Kirks the club would be up merde creek without a paddle.

You might not like it. But them's the facts.

In the cold light of day, that's undeniable. I look forward to a tine when their much-heralded business acumen is fully reflected in the club's accounts.

[Sammy Spireite]

Snowflake McBedwetter, on 08 March 2024 - 01:43 PM, said:

Without the Kirks the club would be up merde creek without a paddle.

You might not like it. But them's the facts.

given the losses, without the Kirks presumably the Trust would have had to either a) tightened the purse strings accordingly and we wouldn't be anywhere near where we are today or b) sought loans elsewhere, presumably on less favourable terms and we'd be 'gambling' on going up and sustaining league football.

Lets hope the increased crowds are sustainable whatever happens next season and that ST sales this summer reflect the Trust/Kirks efforts/vision too!

[metallilad]

Snowflake McBedwetter, on 08 March 2024 - 01:43 PM, said:

Without the Kirks the club would be up merde creek without a paddle.

You might not like it. But them's the facts.

So does that make them a running joke? We all know where the club was heading and these people saved it. They obviously aren't self made millionaires and obviously don't have the business acumen of such people but it shouldn't make them a laughing stock for the few like yourself because when all is said and done they got rid of the deedahs, kept the club going through COVID before seeking help from people like the Kirk's.
You ought to be ashamed of yourself.

[s42blue]

metallilad, on 08 March 2024 - 02:46 PM, said:

So does that make them a running joke? We all know where the club was heading and these people saved it. They obviously aren't self made millionaires and obviously don't have the business acumen of such people but it shouldn't make them a laughing stock for the few like yourself because when all is said and done they got rid of the deedahs, kept the club going through COVID before seeking help from people like the Kirk's.
You ought to be ashamed of yourself.

Well said.

[HaslandBlue58]

s42blue, on 08 March 2024 - 03:03 PM, said:

Well said.

Seconded (or is it third/thirded?)

[rodney]

Mac, on 08 March 2024 - 01:54 PM, said:

In the cold light of day, that's undeniable. I look forward to a tine when their much-heralded business acumen is fully reflected in the club's accounts.

How many clubs make a profit?

[Blue5]

rodney, on 08 March 2024 - 06:09 PM, said:

How many clubs make a profit?

Of course there are plenty but it's largely irrelevant because our Chairman, CEO, CFO and the Kirks are all on record as saying that the club must be run in a sustainable manner. What we've witnessed for the last two years is not sustainable. At some point, having to underwrite losses in excess of £2M per annum will start to smart and we've seen before how quickly the landscape can change.

The boards' objectives and reality are currently at polar opposites, so much so that I would have expected Mike Goodwin or John Croot in their reports to provide an explanation and a plan detailing how this will be addressed, but sadly nothing. The Trust have basked in an insurance payout, cheap debt and they are now having to give up equity and control to cover losses.

Either the boards' objectives are unachievable or those whose job it is to implement the objectives are out of their depth.

This post has been edited by Blue5: 08 March 2024 - 07:54 PM

[Osborne again]

HaslandBlue58, on 08 March 2024 - 03:34 PM, said:

Seconded (or is it third/thirded?)

Add me on too.

[Blue5]

A lot has been said about our increase in attendances and both Mike Goodwin & John Croot mention this in their reports. However, what they don't explain is why there has been no growth in gate and season ticket income.

2021/22 - aggregate attendance of 140,859 (per CFC History Site) which resulted in receipts of £2,049,046.

2022/23 - aggregate attendance of 158,984 (per CFC History Site) which resulted in receipts of £2,083,162.

[Mr Mercury]

Blue5, on 08 March 2024 - 07:52 PM, said:

Of course there are plenty but it's largely irrelevant because our Chairman, CEO, CFO and the Kirks are all on record as saying that the club must be run in a sustainable manner. What we've witnessed for the last two years is not sustainable. At some point, having to underwrite losses in excess of £2M per annum will start to smart and we've seen before how quickly the landscape can change.

The boards' objectives and reality are currently at polar opposites, so much so that I would have expected Mike Goodwin or John Croot in their reports to provide an explanation and a plan detailing how this will be addressed, but sadly nothing. The Trust have basked in an insurance payout, cheap debt and they are now having to give up equity and control to cover losses.

Either the boards' objectives are unachievable or those whose job it is to implement the objectives are out of their depth.

“Such disregard for those who saved the club etc etc”
At last a voice of reason.
Fair play and all that but thankfully the Kirk’s are now on board and the windfall from promotion, increased gates etc etc should see a healthy return in a year or sos time, shouldn’t it?

[spireitetoo]

Blue5, on 08 March 2024 - 08:16 PM, said:

A lot has been said about our increase in attendances and both Mike Goodwin & John Croot mention this in their reports. However, what they don't explain is why there has been no growth in gate and season ticket income.

2021/22 - aggregate attendance of 140,859 (per CFC History Site) which resulted in receipts of £2,049,046.

2022/23 - aggregate attendance of 158,984 (per CFC History Site) which resulted in receipts of £2,083,162.

Probably down to the regular school offers in the north stand, .. ??

[60s 70s Spireite]

Blue5, on 08 March 2024 - 08:16 PM, said:

A lot has been said about our increase in attendances and both Mike Goodwin & John Croot mention this in their reports. However, what they don't explain is why there has been no growth in gate and season ticket income.

2021/22 - aggregate attendance of 140,859 (per CFC History Site) which resulted in receipts of £2,049,046.

2022/23 - aggregate attendance of 158,984 (per CFC History Site) which resulted in receipts of £2,083,162.

I couldn’t understand that. However, thinking about it, we would have the share of the FA Cup gate money from the Chelsea game in the 2022 year wouldn’t we?

[Middle East]

Mr Mercury, on 08 March 2024 - 08:17 PM, said:

“Such disregard for those who saved the club etc etc”
At last a voice of reason.
Fair play and all that but thankfully the Kirk’s are now on board and the windfall from promotion, increased gates etc etc should see a healthy return in a year or sos time, shouldn’t it?

At last year's AGM an expected increase in revenue of around £1m to £1.5m was mentioned when we get back into the league. Depending how much the playing budget goes up that should certainly put a dent in the current losses.

The reality is success tends to come at a price and thankfully the Kicks appear to have both the money and the ambition....

This post has been edited by Middle East: 09 March 2024 - 08:56 AM

[Snowflake McBedwetter]

.

This post has been edited by Snowflake McBedwetter: 09 March 2024 - 11:50 AM

[Westbars Spireite]

Blue5, on 08 March 2024 - 08:16 PM, said:

A lot has been said about our increase in attendances and both Mike Goodwin & John Croot mention this in their reports. However, what they don't explain is why there has been no growth in gate and season ticket income.

2021/22 - aggregate attendance of 140,859 (per CFC History Site) which resulted in receipts of £2,049,046.

2022/23 - aggregate attendance of 158,984 (per CFC History Site) which resulted in receipts of £2,083,162.

A higher proportion of cheap community tickets?

[DIFH]

Fit as a Nelson, on 07 March 2024 - 07:19 AM, said:

That always makes me laugh. It’s said every year but then when next years accounts come it’ll the year afters that will be interesting.

Correct.

Kirk Bros accounts are in the processes of clearing an unholy amount of debt and upgrade of stadium issues and other projects such as training ground..

When these are all settled and budgeted for in the accounts we will then settle down the business side.

[Sammy Spireite]

DIFH, on 09 March 2024 - 02:44 PM, said:

Correct.

Kirk Bros accounts are in the processes of clearing an unholy amount of debt and upgrade of stadium issues and other projects such as training ground..

When these are all settled and budgeted for in the accounts we will then settle down the business side.

What debts are they working on clearing and what with?