Clive indicated exactly what you have said and it went along the lines that our budget in league 2 was higher than that of Shrewsbury who were at the time in the playoff positions in league 1.I think you are misunderstanding the point. Last season we were paying out League 1 wages but in League 2 that's why we have lost so much money. We can see now why Danny and Nicky were unhappy that they were going to have the same budget as last year and they kept saying it! Take a look at the price of football we payed out more wages an bonuses last season in League 2 than half of League 1!
Our income will be more now and as Clive has said we have moved onto a model of younger players to develop. Why is it absurd to dream of the championship. Clearly we have a model going forward that they believe will achieve it the point being we aren't going to buy it like we bought promotion out of League 2 becasue it isn't sustainable!
Adds a bit more perspective to the decisions made by people associated with the club earlier in the season and again this month
The extra investment did work as we got promoted and as long as we establish ourselves in League 1 it can be counted as a success.
One thing it does reiterate is that footballers at all levels in the professional game are overpaid.
Artificially inflated by Debt. Sustainable for us but sadly not for a number of other clubs.You may consider players to be over paid, but they not. They are paid the going rate as determined by the market. The market is arguably skewed, but you cannot blame the players for that.
Sustainable for us *at the moment* is probably more accurate...Artificially inflated by Debt. Sustainable for us but sadly not for a number of other clubs.
Certainly wouldn't blame the players themselves. Unless you are Tom Brady you are certainly going to try and maximise your income.
For clarity I was mentioning a new ground purely from a cash generation on non match days point of view, not just additional capacity. Look at the grounds that do it well, Reading, Coventry, MK, Stoke they have great retail, hotel and conference offerings which all generate significant income.
Artificially inflated by Debt. Sustainable for us but sadly not for a number of other clubs.
Certainly wouldn't blame the players themselves. Unless you are Tom Brady you are certainly going to try and maximise your income.
I’m sure Chesterfield was mentioned as an example for non football revenue. Not sure how it stands with it now.
Likewise, I’m not sure the revenue streams from non football related will be that great either. Maybe a good add on but not significant bearing in mind any new ground is a long way off. Add to that the number of hotels in the City offering conference facilities with accommodation thrown in at a discount rate. In addition, the location of Lincoln to prime transport links does not suggest it will be used as a convenient stop off point.
You may get the odd Yoga class at a revamped LNER and a spinning class but don’t hold out for big bucks non Matchday revenue.
once that new by-pass gets finished on the east of the city, South Park Avenue could open up to be the new Tritton Road area. We need an access road to the ground and erect a retail park on the practice pitch.
Perversely Ed we wouldn't be making anywhere close to those losses if it hadn't been for our "magnificent home support". Without the significant increase in our supporter base there wouldn't have been any point for I and my friends in Sportvest to invest significantly more money than we had initially intended, nor I expect would all that additional investment have materialised. It's because of that increased support that has encouraged the board to adopt an ambitious strategy to try capitalise on this rare opportunity we have at the moment. Without that increased fan support there would of course been no chance in any event of being able to fund the type of journey we have been on so far.
Shrewsbury as you say is a very well run club but it has taken time for them to have got to a point where they can rely on realising good sums from the sale of players including those that have come through their Academy. Last season alone they realised around £2million. Despite those attributes and having finished 3rd two seasons ago, three of the last four seasons have seen them narrowly avoid relegation.
After 6 years in non-league we are still in an investment phase if we hope to compete at this level let alone look higher.
yes, for instance... if walker were our player, as second top scorer in the league, how much would he be worth. as a comparison, how much is toney worth?One advantage to being a Division 1 team, and what would make the outlay of the promotion worthwhile, is that we are now more of a market for Championship clubs to buy players. So our better players will be worth more than they were in Division 2. So our assets should be worth more. Something we need to get more savvy on.
Hortin said...."Add on top of that around 1/2 a million in player sales this month "
I do hope that was just an off the cuff remark and not based on fact. Rumour was we got just under £500,000 for toffs which means we got pretty much sod all for Andrade ,o'conner and Akinde despite rumours to the contrary.