Iron Bru › Forums › Blast Furnace › Nailed It
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January 21, 2022 at 10:42 pm #230119
Whilst I’m not a huge fan of GN, he nailed my thoughts exactly…
Failed and failing clubs have some interesting parallels with what’s happening right now at Scunthorpe United. @HumbersideSport @simonelliott33 @GNev2 @SUFCOfficial @ironbru_net #uti #iron pic.twitter.com/43eTKWRx33
— Darren Reevell (@Darren_Reevell) January 21, 2022
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January 21, 2022 at 11:10 pm #230121Anonymous
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Topics: 11Derby owe HMRC £29million.
How much do SUFC owe?
You keep making stupid comparisons that do the club zero favours.
January 22, 2022 at 1:28 am #230127Surely the point Daz is making isn’t about the total figure comparison UTI99 but about a comparison to business strategy? If it does the club ‘zero favours’ I’m sure many of us would be keen to know your business strategy that could help the club climb above zero.
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January 22, 2022 at 9:44 am #230130Excellent post Deerey.
So, UTI99, over to you.
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January 22, 2022 at 9:48 am #230131Anonymous
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Topics: 11SUFC are on track to break even which is a pretty sound business strategy.
January 22, 2022 at 9:54 am #230132You sound quite clued up on the club finances UTI, are you the club accountant?
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January 22, 2022 at 10:11 am #230133UTI99 Scunthorpe United are also on track to go out of the football league.Is that also a pretty sound business strategy?
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January 22, 2022 at 10:14 am #230135Anonymous
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Topics: 11It’s on the clubs official website.
It really is that simple to find out that information.
January 22, 2022 at 10:16 am #230136Anonymous
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Topics: 11Relegation is nothing to do with business strategy, it’s a possibility due to the English football pyramid.
January 22, 2022 at 10:16 am #230137Oh yes UTI99 sound business strategy alright!!!!! Has this been the strategy from day 1. I’ll take over the club, I’ll run the stadium into the ground, I’ll tell loads of lies, I’ll overspend BIG, I’ll take the stadium and assets and transfer it to my company, I’ll take out a loan and refuse to pay it back. THEN SUFC WILL DROP OUT OF THE FOOTBALL LEAGUE. Hey I can’t lose can I because then i can walk away with the land and the stadium. Has all this really happened to our Club. Gary Neville has got it 100% right.
January 22, 2022 at 10:17 am #230138SUFC are on track to break even which is a pretty sound business strategy.
If that’s true, of course it’s a positive. I do hope there’s a lot more to the strategy than that though because that alone is not sound. How do dwindling attendences and thr very real possibility of going non league fit in to that? There was a good analogy Les made about tyres and wheels coming off. Is that in the executive summary?
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January 22, 2022 at 10:18 am #230140Anonymous
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Topics: 11Who’s money are you wanting to use to pay off the loan?
Would you rather have a club that breaks even or a club running up losses every season?
January 22, 2022 at 10:20 am #230141It’s on the clubs official website.
It really is that simple to find out that information.
Thanks, I’ll have a look.
January 22, 2022 at 10:20 am #230142Anonymous
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Topics: 11NLI, why do you think all clubs that get relegated to the National League disappear?
January 22, 2022 at 10:25 am #230143Making the books balance as the only objective is bonkers.
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January 22, 2022 at 10:41 am #230148NLI, why do you think all clubs that get relegated to the National League disappear?
The ones that don’t disappear and prosper, don’t some radical changes happen? Can you see anything like that happening at SUFC?
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January 22, 2022 at 10:41 am #230149Anonymous
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Topics: 11What’s an acceptable amount to lose per season Les?
January 22, 2022 at 10:44 am #230150Anonymous
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Topics: 11Do you mean they get someone willing to pump in extra money? Like Wrexham/Stockport paying £3/4k per week?
January 22, 2022 at 11:05 am #230151I was thinking more along the lines of healthy supporter, and other stakeholder, engagement and relationship building, resulting in increased attendences and therefore increased revenue which can then be used to build a better team which more and more people want to watch. Or is that a crazy idea?
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January 22, 2022 at 11:06 am #230152Just read Swanns latest statement. Not to put the club in jeopardy by overspending. Does he think what he says before making such a ridiculous statement or is he living in cloud cuckoo land. HES ALREADY GONE AND DONE IT.
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January 22, 2022 at 11:10 am #230154C’mon then UTI99 you seem to know everything, how much is the efl loan?
January 22, 2022 at 11:17 am #230155Look at all the seasons when Steve Wharton was Chairman. We didn’t break even, but ran at a manageable loss. That is a huge difference when managing a football league club. He didn’t overspend like this l n t c has done. Wharton and the then directors knew what they were doing. But he soon got them off the board when he took over. This bloke couldn’t even manage a chimps tea party.
January 22, 2022 at 11:17 am #230156Who’s money are you wanting to use to pay off the loan?
Well perhaps the money of the person that took out the loan. I believe that’s normal practice, my money pays for my mortgage, I don’t expect anybody else to pay it for me.
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January 22, 2022 at 11:29 am #230157Anonymous
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Topics: 11The club took out the loan surely?
January 22, 2022 at 11:30 am #230158Swann talks about Scunthorpe United as if we are purely just a business, a shop or a building. I feel he has now backed himself into a corner and is trying to squirm his way out of the situation he has created, by diversion. Why bring Simon Elliott in now, why try and build bridges with the Telegraph now, why announce the kits for next season now, why is he wanting more investors now as its always been a closed shop. I feel as well after reading his statement that it won’t be too long before he begins laying the blame at Keith Hill’s door. Swann hasn’t done anything for the fans before, when we attended the first match this season fans couldn’t even sit on their seats until they had cleaned them as they were utterly filthy, we didnt even have a stadium manager, no matchday programme and now no scoreboard, and some of the toilets were unusable. Is this what he calls breaking even???????
January 22, 2022 at 11:39 am #230160So who is the Club Uti99? SWANN and his family of course. No-one else has a say, the SWANNS are the boardroom.So Cassidytash is one hundred per cent right. THE SWANNS SHOULD PAY OFF THE EFL LOAN. AND GIVE THE STADIUM AND ASSETS BACK TO THE CLUB. PLEASE SWANN PUT THE CLUB OFFICIALLY UP FOR SALE and let’s see who is interested, as its obvious you don’t want to be here.
January 22, 2022 at 11:46 am #230163The club took out the loan surely?
Who signed the agreement?
Who used the money?
Who has overall control?
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January 22, 2022 at 12:04 pm #230164“Relegation is nothing to do with business strategy”.
Does making such a stupid statement come naturally to you?
So the top teams expecting to qualify for the Champions League and Newcastle’s new owners desperate to avoid relegation, is not part of their business strategy?
Having a crap team without any real saleable assets is not linked to a crap business strategy? Losing matches and decreasing revenue is not linked to a crap business strategy?
Is winding down the team and the football club the owner’s business strategy?
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January 22, 2022 at 12:13 pm #230166Do you mean they get someone willing to pump in extra money? Like Wrexham/Stockport paying £3/4k per week?
No more like a club run well like Harrogate, Sutton, Forest Green, Morecambe, Newport, Crawley, Stevenage, Barrow, Wycombe, Cheltenham, Burton all teams that have fairly recently slowly built their club up from non league not recklessly throwing millions at then panicking and having to take an EFL loan to just get by!. Not too much to ask is it?
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January 22, 2022 at 12:28 pm #230168That’s funny uptheiron, I heard it directly from the chairman’s mouth that we could potentially lose up to £1million this year at the season ticket holders meeting.
Porky’s are being told by either you or Swann.
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