GasMacc1
Les Bradd
Joined: May 2014
Posts: 1,423
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Post by GasMacc1 on Dec 3, 2019 23:22:36 GMT
Burton drew at home to Southend tonight - a good result for us, I think. Southend took the lead, then Burton's John-Joe O'Toole was sent off for an "altercation on the floor". Despite this, Burton came back to equalise and ended the game pressing for the winner. I noted the crowd tonight at the Pirelli Stadium (1,880) and wanted to post this in the context of some of the threads which have expressed concern at Rovers' attendances dropping off in recent months. What really got me thinking was the fact that Burton are seen as one of the profitable clubs; how can that be? Here's an article (written in June this year, about Burton's financial performance in their two seasons in the Championship (2016-2018)). Link to article on Burton Albion finances to 2018
I won't add my two-penn'orth of analysis; instead I'll leave others to comment, but I have picked out a couple of gems from the article. "Matchday revenue [in the Championship] rose from £1.5m to £1.8m (20%) despite average attendances falling from 5,227 to 4,645 (13%) due to lucrative cup ties and increased ticket prices".
"Debt levels remained at £0.1m, being their overdraft facility. Their owner has run the club debt-free, placing no loan burden on Burton as the club continue to live within their means".
"Transfers: In came Liam Boyce for £0.5m and out went Jackson Irvine for £1.9m, a net transfer income of £1.4m after a net transfer spend of £0.3m in 2017".
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simonj
Archie Stevens
Joined: May 2014
Posts: 817
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Post by simonj on Dec 4, 2019 8:23:28 GMT
We sale our best and choice assets for not a lot of money. Forget snake, Harrison and Bodin both should have achieved more. We think small time, well we are small time tbf. JCH will be next, at less than £1M.
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Post by laughinggas on Dec 4, 2019 8:42:00 GMT
Given the time left on their contracts and that there was no bidding war, did they really go cheap?
Bodin did have a history of injuries and Harrison is back in league one.
Suggests fees were about right.
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bloogas
Joined: July 2016
Posts: 1,090
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Post by bloogas on Dec 4, 2019 10:13:03 GMT
This issue has vexed me for years now. Throw in Accrington, and there are others - Wycombe? Why do we struggle on 2,3,4 times their crowds? I've wondered if money is being creamed off somehow, but obviously not, else why do owners walk away. Why do we have so much debt? Reading Widdrington's article in the BP gives a hint which has been alluded to before - high wages. It has been said we've been seen as high payers and taken advantage of in the past. But as TW points out, how do you get players to uproot and move 1 or 200 miles to an area with a high cost of living? Perhaps some of the financial gurus who post knowledgeably on these issues will enlighten us.
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simonj
Archie Stevens
Joined: May 2014
Posts: 817
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Post by simonj on Dec 4, 2019 10:37:13 GMT
Given the time left on their contracts and that there was no bidding war, did they really go cheap? Bodin did have a history of injuries and Harrison is back in league one. Suggests fees were about right. At the time they went to Championship clubs, and they tend to pay for quality : injury to Bodin is unfair actually.
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Post by CabbagePatchBlues on Dec 4, 2019 11:30:39 GMT
Since when was a football pitch a floor?
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,255
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Post by kingswood Polak on Dec 4, 2019 12:01:55 GMT
Burton drew at home to Southend tonight - a good result for us, I think. Southend took the lead, then Burton's John-Joe O'Toole was sent off for an "altercation on the floor". Despite this, Burton came back to equalise and ended the game pressing for the winner. I noted the crowd tonight at the Pirelli Stadium (1,880) and wanted to post this in the context of some of the threads which have expressed concern at Rovers' attendances dropping off in recent months. What really got me thinking was the fact that Burton are seen as one of the profitable clubs; how can that be? Here's an article (written in June this year, about Burton's financial performance in their two seasons in the Championship (2016-2018)). Link to article on Burton Albion finances to 2018
I won't add my two-penn'orth of analysis; instead I'll leave others to comment, but I have picked out a couple of gems from the article. "Matchday revenue [in the Championship] rose from £1.5m to £1.8m (20%) despite average attendances falling from 5,227 to 4,645 (13%) due to lucrative cup ties and increased ticket prices".
"Debt levels remained at £0.1m, being their overdraft facility. Their owner has run the club debt-free, placing no loan burden on Burton as the club continue to live within their means".
"Transfers: In came Liam Boyce for £0.5m and out went Jackson Irvine for £1.9m, a net transfer income of £1.4m after a net transfer spend of £0.3m in 2017".At last, someone comes up with a club that we can relate to and who have numerous teams around them My own belief is that Wael had the best intentions but he quickly found out that, by bringing in experts and not doing a good and thorough job of due diligence, has gone way over his head and we now have record losses and seem to be either turning people away or just not thinking of what’s best for the club. Quite simple really. What really bothers me is how will we carry on ? I think the next set of accounts will give a much clearer picture. WAQ did say that a large part of the 3 million, was spent on the failed myth of UWE. We also are haemorrhaging support, by the game. I think that anyone with any grey matter that works, would also share my concerns. Nice bloke or not, he had led us to this precipice. Good post my friend
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,255
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Post by kingswood Polak on Dec 4, 2019 12:09:32 GMT
We sale our best and choice assets for not a lot of money. Forget snake, Harrison and Bodin both should have achieved more. We think small time, well we are small time tbf. JCH will be next, at less than £1M. In my 56 years, 49 of them going to games and 43 years paying my own way,we have always sold our best BUT we didn’t give them away, as you rightly point out. regardless of thoughts about personality, GD was an astute businessman. I never thought I’d be saying I wish he were in charge. We also have to take into account about the agents and their fees. I’m pretty sure we didn’t have the amount of sharks that are around now and negotiations were much simpler. We had no say in MT and I’m led to believe that Mr Easter had a hand in deals struck. I’m not confident that our manager would get much access to funds raised but that is me just speculating, as most do and due to a total disrespect for us fans, in not giving us any tangible news UTG. Rovers of Bristol FC, anyone ?
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eppinggas
Administrator
Ian Alexander
Don't care
Joined: June 2014
Posts: 8,109
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Post by eppinggas on Dec 5, 2019 17:16:10 GMT
Burton drew at home to Southend tonight - a good result for us, I think. Southend took the lead, then Burton's John-Joe O'Toole was sent off for an "altercation on the floor". Despite this, Burton came back to equalise and ended the game pressing for the winner. I noted the crowd tonight at the Pirelli Stadium (1,880) and wanted to post this in the context of some of the threads which have expressed concern at Rovers' attendances dropping off in recent months. What really got me thinking was the fact that Burton are seen as one of the profitable clubs; how can that be? Here's an article (written in June this year, about Burton's financial performance in their two seasons in the Championship (2016-2018)). Link to article on Burton Albion finances to 2018
I won't add my two-penn'orth of analysis; instead I'll leave others to comment, but I have picked out a couple of gems from the article. "Matchday revenue [in the Championship] rose from £1.5m to £1.8m (20%) despite average attendances falling from 5,227 to 4,645 (13%) due to lucrative cup ties and increased ticket prices".
"Debt levels remained at £0.1m, being their overdraft facility. Their owner has run the club debt-free, placing no loan burden on Burton as the club continue to live within their means".
"Transfers: In came Liam Boyce for £0.5m and out went Jackson Irvine for £1.9m, a net transfer income of £1.4m after a net transfer spend of £0.3m in 2017".At last, someone comes up with a club that we can relate to and who have numerous teams around them My own belief is that Wael had the best intentions but he quickly found out that, by bringing in experts and not doing a good and thorough job of due diligence, has gone way over his head and we now have record losses and seem to be either turning people away or just not thinking of what’s best for the club. Quite simple really. What really bothers me is how will we carry on ? I think the next set of accounts will give a much clearer picture. WAQ did say that a large part of the 3 million, was spent on the failed myth of UWE. We also are haemorrhaging support, by the game. I think that anyone with any grey matter that works, would also share my concerns. Nice bloke or not, he had led us to this precipice. Good post my friend Pretty sure that the UWE costs were all in previous sets of accounts. Happy to be proved wrong - but that record £3mil was incredibly just operating losses.
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kingswood Polak
Without music life would be a mistake
Joined: May 2014
Posts: 10,255
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Post by kingswood Polak on Dec 6, 2019 12:16:15 GMT
At last, someone comes up with a club that we can relate to and who have numerous teams around them My own belief is that Wael had the best intentions but he quickly found out that, by bringing in experts and not doing a good and thorough job of due diligence, has gone way over his head and we now have record losses and seem to be either turning people away or just not thinking of what’s best for the club. Quite simple really. What really bothers me is how will we carry on ? I think the next set of accounts will give a much clearer picture. WAQ did say that a large part of the 3 million, was spent on the failed myth of UWE. We also are haemorrhaging support, by the game. I think that anyone with any grey matter that works, would also share my concerns. Nice bloke or not, he had led us to this precipice. Good post my friend Pretty sure that the UWE costs were all in previous sets of accounts. Happy to be proved wrong - but that record £3mil was incredibly just operating losses. Wow Ian, That is incredible if right. I do remember the club stating that of every pound, only 3p goes to it. If that is true then what the hell can the owners use to rationalise such incredibly high figures ? This is beyond anything I could have believed and should concern all of us
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bluetornados
Predictions League
Joined: June 2014
Posts: 12,106
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Post by bluetornados on Feb 16, 2021 2:26:47 GMT
Jimmy Floyd Hasselbaink took over at Burton on New Years Day and promptly signed a load of free or out of contract players.
His record so far is P5, W3, L2 - they are now only 2 points from safety and TBH i think they will stay up.
This is the kind of manager we could do with.
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Post by chelt_gas on Feb 16, 2021 7:26:13 GMT
We could also do with him upfront...even at his age!!
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