7 Players & A High Wage Bill

Iron Bru Forums Blast Furnace 7 Players & A High Wage Bill

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  • #298321
    Iron MannIron Mann
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    Registered On: December 26, 2022
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    We all need a regular reminder that less than 16 months ago we were being evicted from Glanford Park, potentially ground sharing at Gainsborough, Brackley was our last ever home game at GP and we were about to be liquidated.

    Let’s regain a sense of perspective.

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    #298322
    fans6464
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    Registered On: February 14, 2015
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    This conversation is nearly all showing perspective

    #298323
    AwaywegoAwaywego
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    Registered On: June 20, 2017
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    I find it more incredible that after reducing the debt down in such a short space of time that we now need a cash flow injection every month especially this season when Michelle got the season ticket money she didn’t receive when she took over.. any ideas what’s gone wrong.
    Please bear in mind Michelle got the season ticket money that she didn’t get last season and a proportion of the higher earners went off the books. Best ever shirt sales you’ve got to admit it is strange to say the least.

    #298324
    Deereyme66Deereyme66
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    Registered On: May 8, 2017
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    Just a hunch, but maybe a lot to do with the thread title? Who’s at fault for that?.remind me.

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    #298327
    cliffbyrnesrightpegCliff Byrne’s Right Peg
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    Registered On: October 17, 2015
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    I find it more incredible that after reducing the debt down in such a short space of time that we now need a cash flow injection every month especially this season when Michelle got the season ticket money she didn’t receive when she took over.. any ideas what’s gone wrong.
    Please bear in mind Michelle got the season ticket money that she didn’t get last season and a proportion of the higher earners went off the books. Best ever shirt sales you’ve got to admit it is strange to say the least.

    Read the posts again bud.

    #298328
    NorthWestIronNorthWestIron
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    Registered On: December 23, 2013
    Topics: 5

    I have no answers.
    I don’t expect to see us return to the EFL in my remaining lifetime – approximately 15 years.

    How do you know when you’re going to expire ?

    #298329
    Deereyme66Deereyme66
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    Define ‘approximately’.

    #298330
    cassidystashcassidystash
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    Topics: 115

    He’s checked the stats and bookies odds.

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    #298333
    fans6464
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    Registered On: February 14, 2015
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    I find it more incredible that after reducing the debt down in such a short space of time that we now need a cash flow injection every month especially this season when Michelle got the season ticket money she didn’t receive when she took over.. any ideas what’s gone wrong.
    Please bear in mind Michelle got the season ticket money that she didn’t get last season and a proportion of the higher earners went off the books. Best ever shirt sales you’ve got to admit it is strange to say the least.

    Awaywego
    How much money did season tickets bring in?
    How much money outside of season ticket holders do they take in per game?
    How much came in from shirt sales?

    How much does it cost to run the club monthly?

    #298334
    IronaweIronawe
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    Registered On: December 31, 2013
    Topics: 44

    I’m assuming a lot of old debts kept coming out of the background thinking they’d lost their money and now they’re after it again. Not something Michelle & Co could liabilitise for at the time I guess.

    Season tickets must be 2,000 x £250.00 avg so £500k of the £1.2m turnover if we say another 1,000 from match day sales (assuming under 12’s free) then that’s another 23 games by £20,000 so £460k, the rest must be sponsorship, exec boxes (although they don’t appear to be fully utilised most match days) all in that would be another £250k – don’t know if that’s any good or not. If we have players on £2.5k per week you can understand the squad not being that deep, should use the loan market more.

    #298335
    fans6464
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    Registered On: February 14, 2015
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    So , figures if close showing that paying as much Hilton’s debts that they have is not covered by income .Michelle Harness said the season ticket money got spent very quickly.
    Hilton acolytes suggesting they are as bad as Swann and Hilton are just idiots

    #298336
    Rene ArtoisRene Artois
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    Registered On: September 18, 2023
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    I have no answers.
    I don’t expect to see us return to the EFL in my remaining lifetime – approximately 15 years.

    How do you know when you’re going to expire ?

    Genetics.
    Age of death of father, grandfather, great grandfather.

    #298337
    NorthWestIronNorthWestIron
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    Registered On: December 23, 2013
    Topics: 5

    I have no answers.
    I don’t expect to see us return to the EFL in my remaining lifetime – approximately 15 years.

    How do you know when you’re going to expire ?

    Genetics.
    Age of death of father, grandfather, great grandfather.

    Have you a detailed plan of how you will spend your remaining time ? Are your affairs in order ? Do you have any pre existing conditions ? Are you a smoker/ drinker ?

    #298343
    AwaywegoAwaywego
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    Shirt sales alone.

    5000+ at £40 a pop £200,000 now how much Scunny get from that ?

    #298344
    AwaywegoAwaywego
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    Not just swann and Hilton 64. Didn’t Swann have to pay Wharton all his loans back let alone the debt at the time.

    If the income hasn’t paid down the debts how has it being paid down. Gifts lol.

    #298345
    fans6464
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    They’ve sold 5k shirts? Still no way near just paying your mates debt,basic maths you claim to not understand .You really can’t be as clever as you claim.I can get you a job on a stop and go if you like.

    #298346
    fans6464
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    Hilton bought club for a quid or two because it had debt,it’s his debt that the current board are dealing with.He said he had the means to deal with it.He didn’t and made it worse by refusing to pay bills ,also paying idiotic wages to get us relegated

    #298348
    cassidystashcassidystash
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    Before I ask a question let me make it clear that I am no Hilton fan. BUT (sorry Andy) didn’t he pay the tax bill?

    #298351
    AwaywegoAwaywego
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    Suppose it’s something that you accept that when Hilton came in there was a dedt.

    From what we’re led to believe from Michelle and Co the debt when she came in was circa £1,5 million and from what I remember when Swann handed over the debt to Hilton was circa £1,5 million, that’s pretty much a neutral time in charge budget wise.
    Pretty deluded to say Hiltons wage structure got us relegated to NLN it got us to second place last year and obviously gone along way to getting us to second place at the moment this year, and the extra 1200 on the gate last year went along way to help pay for them I think you’ll agree.

    #298352
    Apollo11Apollo11
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    Registered On: September 21, 2023
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    I find it more incredible that after reducing the debt down in such a short space of time that we now need a cash flow injection every month

    What’s incredible about it? We’re getting reasonable sized crowds but they’re simply not big enough.

    #298357
    NorthumbironNorthumbiron
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    Registered On: January 3, 2014
    Topics: 67

    Shirt sales alone.

    5000+ at £40 a pop £200,000 now how much Scunny get from that ?

    Assuming we got them off Kelme for nowt?

    #298358
    AwaywegoAwaywego
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    Registered On: June 20, 2017
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    Guess you missed the, “how much scunny get from that?” NI.

    #298359
    Apollo11Apollo11
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    Registered On: September 21, 2023
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    Shirt sales alone.

    5000+ at £40 a pop £200,000 now how much Scunny get from that ?

    Assuming we got them off Kelme for nowt?

    We owed Kelme money due to Hilton not paying them. As far as I understand it, the company was very patient and generous with Michelle and the board when they took over, but who knows just how much of the ‘new kit’ money actually translated into SUFC money… Perhaps not as much as you would assume.

    #298369
    PaulSanfran49
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    Registered On: December 23, 2013
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    I find it more incredible that after reducing the debt down in such a short space of time that we now need a cash flow injection every month

    What’s incredible about it? We’re getting reasonable sized crowds but they’re simply not big enough.

    Now the board/club like so many other businesses will be subjected to an increase in our National Insurance contributions due to the October budget of the government.

    Can see some players having decisions to make regarding future offers. It is going to be tough.

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    #298375
    AwaywegoAwaywego
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    Hilton wasn’t here long enough to pay Kelme. Businesses dont pay their bills that quickly.

    Your right on the the money that scunny would have made Apollo11 even big clubs only get between 10% and 20% of the sale so God knows what we get.

    Brought it up on the Stu fundraising thread on him buying club merchandise and how much the club gets not all it would seem at the time, would be interesting to know the true figure that actually went to the club.

    Never bought a shirt or merchandise for myself and won’t be starting anytime soon.

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