GasMacc1
Les Bradd
Joined: May 2014
Posts: 1,423
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Post by GasMacc1 on Aug 5, 2020 11:24:54 GMT
I thought this might be of interest, by way of comparison with Rovers' current state of play: Update from Chairman of Rochdale
An update from Chairman Andrew Kilpatrick… To the Dale family. After five long months since we last played at the Crown Oil Arena, we welcomed the players and first team management back to training this week. I hope you will agree that it was great to see our media channels busy with football related content after a prolonged period without. In turn, and following the EFL’s confirmation of a September 12th start date for the 2020/21 season, we have now also, this week, brought more staff back off furlough, to allow us to prepare for the start of the campaign and to gear up for the launch of our Season Cards, as well as the always highly anticipated kit launch. It is great that we have been able to start returning to some sort of normality behind-the-scenes at the Crown Oil Arena, however, with that, the return of players and staff brings further financial pressures. Since we last played at the Crown Oil Arena on March 7th, the only income the Club has received, outside of the regular EFL payments, is from three very generous sponsors - Crown Oil, Andrew Kelly Lettings and Smith Metals. It has been fantastic to continue our long-term partnerships with these sponsors and it is brilliant that they have shown their support for the Club during these difficult times, however the income raised from these deals only brings in one third of a month’s normal outgoings. We have not received any extra monies from the EFL during the lockdown period, nor have we received any contributions from the Premier League. I can tell you that we are currently operating with a deficit of £625k since March alone. Whilst we have been, and still are, very grateful for the assistance of the Government’s furlough scheme, it has only helped cover part of our wage bill. Our wage bill is around 250k per month and the furlough scheme has brought in £125k per month, so over the last five months, we have a deficit of around £625k. Following the players’ return to training, they have now been taken off furlough and we will no longer be able to receive Government help so the financial gap is only going to get bigger. In addition, each player will be tested for Coronavirus on a weekly basis. The cost of this is not subsidised by the EFL. I hope that all of us can take some encouragement from the signing of Alex Newby but the stark reality of the Covid-related hole in not just the Club’s, but football in general’s, finances mean that, of necessity, we are going to have to operate on a significantly reduced Playing Budget than in previous seasons. The Manager is fully bought into this reality and has been planning accordingly. We hope to be making a small number of additions to the squad in due course and, of course, these will be announced as soon as is practicable. Our finances will be impacted further by starting the season behind-closed-doors. We know that the 2020/21 campaign will kick-off behind-closed-doors before moving to a reduced capacity inside the stadium from October 1st onwards. We will be limited to just 2170 fans inside the Crown Oil Arena and if that limit is to be in place for the entire season, then we face a loss of revenue of £650k, as well as a loss of £450k from Executive Boxes and hospitality, resulting in a further £1m hole in our finances. It is for this reason we have been extremely grateful and humbled by the generosity of fans who have supported the Club in any way they can in recent weeks. It was wonderful to see the queues of supporters lining up outside the Club Shop when it re-opened last week. Thanks, also, to those who have signed up to our newly revamped Dale Lotto, and to those who have decided not to claim a Season Ticket refund for the remaining six unplayed games of the 2019/20 season. Your actions are very much appreciated, and I want to take this opportunity to thank you all on behalf of the Board of Directors. Best, Andrew
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Post by richmace on Aug 5, 2020 11:35:51 GMT
Interesting news.
Confirming the season opening behind closed doors, and the introduction of a reduce capacity soon after.
I do feel for the lower end of the football league at this time.
We are very lucky.
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Post by lostinspace on Aug 5, 2020 11:45:10 GMT
This is the stark reality .....in relation to their limited or max allowance of fans in the ground( when it happens) isn’t this on or around their usual attendance
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Post by o2o2bo2ba on Aug 5, 2020 12:03:56 GMT
I've always had a soft spot(lands) for Rochdale. They say it how it is, and even though they are enjoying the best decade of football ever in their history they're not getting carried away.
Anyone whom has been in the Crematorium and appreciates that kind of service will remember it.
They're cutting their cloth accordingly and probably learning the lesson of their closest neighbour. Fair play to them.
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Post by Curly Wurly on Aug 5, 2020 12:06:32 GMT
This is the stark reality .....in relation to their limited or max allowance of fans in the ground( when it happens) isn’t this on or around their usual attendance Rochdale's average attendance for 2019-20 was 3,632 - hence the 2,170 cap is just under 60% of their average attendance.
Rovers' average attendance for 2019-20 was 7,397. If the same 60% of their average attendance applied, 4,438 would be able to attend games at the Mem.
However, the crowd limits will be based on capacity (and possibly other factors?). The Crown Oil Arena has a capacity of 10,249. The 2,170 cap is just over 21% of capacity.
21% of the stated capacity for the Mem of 12,300 would allow 2,583 supporters, but actual capacity has been limited due to segregation.
I'd imagine that any Covid-19 restricted capacity would have to be approved by the local authority, so there may be inconsistencies in that aspect.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 5, 2020 14:27:06 GMT
I've always had a soft spot(lands) for Rochdale. They say it how it is, and even though they are enjoying the best decade of football ever in their history they're not getting carried away. Anyone whom has been in the Crematorium and appreciates that kind of service will remember it. They're cutting their cloth accordingly and probably learning the lesson of their closest neighbour. Fair play to them. Hopefully you mean the Cemetery (pub) and not the Crematorium. 😁 Fantastic football club and my favourite away trip by far.
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Post by swissgas on Aug 5, 2020 15:16:16 GMT
I've always had a soft spot(lands) for Rochdale. They say it how it is, and even though they are enjoying the best decade of football ever in their history they're not getting carried away. Anyone whom has been in the Crematorium and appreciates that kind of service will remember it. They're cutting their cloth accordingly and probably learning the lesson of their closest neighbour. Fair play to them. Hopefully you mean the Cemetery (pub) and not the Crematorium. 😁 Fantastic football club and my favourite away trip by far. Mine too and with a great chip shop right outside the ground. When we lived in the North of England it was a day out my sons' and their friends looked forward to which led to this memorable quip. Posh Mum. I'm sorry, Toby isn't able to come to Rochdale with you on Saturday because we are going to see Aida. Me. I hope they win.
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Post by o2o2bo2ba on Aug 5, 2020 15:57:01 GMT
I've always had a soft spot(lands) for Rochdale. They say it how it is, and even though they are enjoying the best decade of football ever in their history they're not getting carried away. Anyone whom has been in the Crematorium and appreciates that kind of service will remember it. They're cutting their cloth accordingly and probably learning the lesson of their closest neighbour. Fair play to them. Hopefully you mean the Cemetery (pub) and not the Crematorium. 😁 Fantastic football club and my favourite away trip by far. Haha! Yes, the Cemetery....up there with one of the memorable away pubs!
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Post by a more piratey game on Aug 5, 2020 16:05:31 GMT
I thought this might be of interest, by way of comparison with Rovers' current state of play: Update from Chairman of Rochdale
An update from Chairman Andrew Kilpatrick… To the Dale family. After five long months since we last played at the Crown Oil Arena, we welcomed the players and first team management back to training this week. I hope you will agree that it was great to see our media channels busy with football related content after a prolonged period without. In turn, and following the EFL’s confirmation of a September 12th start date for the 2020/21 season, we have now also, this week, brought more staff back off furlough, to allow us to prepare for the start of the campaign and to gear up for the launch of our Season Cards, as well as the always highly anticipated kit launch. It is great that we have been able to start returning to some sort of normality behind-the-scenes at the Crown Oil Arena, however, with that, the return of players and staff brings further financial pressures. Since we last played at the Crown Oil Arena on March 7th, the only income the Club has received, outside of the regular EFL payments, is from three very generous sponsors - Crown Oil, Andrew Kelly Lettings and Smith Metals. It has been fantastic to continue our long-term partnerships with these sponsors and it is brilliant that they have shown their support for the Club during these difficult times, however the income raised from these deals only brings in one third of a month’s normal outgoings. We have not received any extra monies from the EFL during the lockdown period, nor have we received any contributions from the Premier League. I can tell you that we are currently operating with a deficit of £625k since March alone. Whilst we have been, and still are, very grateful for the assistance of the Government’s furlough scheme, it has only helped cover part of our wage bill. Our wage bill is around 250k per month and the furlough scheme has brought in £125k per month, so over the last five months, we have a deficit of around £625k. Following the players’ return to training, they have now been taken off furlough and we will no longer be able to receive Government help so the financial gap is only going to get bigger. In addition, each player will be tested for Coronavirus on a weekly basis. The cost of this is not subsidised by the EFL. I hope that all of us can take some encouragement from the signing of Alex Newby but the stark reality of the Covid-related hole in not just the Club’s, but football in general’s, finances mean that, of necessity, we are going to have to operate on a significantly reduced Playing Budget than in previous seasons. The Manager is fully bought into this reality and has been planning accordingly. We hope to be making a small number of additions to the squad in due course and, of course, these will be announced as soon as is practicable. Our finances will be impacted further by starting the season behind-closed-doors. We know that the 2020/21 campaign will kick-off behind-closed-doors before moving to a reduced capacity inside the stadium from October 1st onwards. We will be limited to just 2170 fans inside the Crown Oil Arena and if that limit is to be in place for the entire season, then we face a loss of revenue of £650k, as well as a loss of £450k from Executive Boxes and hospitality, resulting in a further £1m hole in our finances. It is for this reason we have been extremely grateful and humbled by the generosity of fans who have supported the Club in any way they can in recent weeks. It was wonderful to see the queues of supporters lining up outside the Club Shop when it re-opened last week. Thanks, also, to those who have signed up to our newly revamped Dale Lotto, and to those who have decided not to claim a Season Ticket refund for the remaining six unplayed games of the 2019/20 season. Your actions are very much appreciated, and I want to take this opportunity to thank you all on behalf of the Board of Directors. Best, Andrew That might be tough reading, but it's otherwise a cracking letter IMO
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warehamgas
Predictions League
Joined: May 2014
Posts: 3,392
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Post by warehamgas on Aug 5, 2020 16:40:56 GMT
Thanks GasMacc, a really interesting read. You’ve got to respect Rochdale, the Chairman tells it how it is, almost the perfect way to tell bad news. But I suspect that they will get through the problems and survive as a club. I think they will struggle to stay up but sometimes in adversity players step up and perhaps an ‘us against the world “ attitude will help. Good luck to them, They’ve always overachieved really so of all clubs their attitude and history should help. UTG!
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Post by gasheadnaboo on Aug 5, 2020 20:11:20 GMT
Pretty shocking if the EFL also expect clubs to fully finance the testing, clearly don't give a toss about their member clubs.
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eppinggas
Administrator
Ian Alexander
Don't care
Joined: June 2014
Posts: 8,055
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Post by eppinggas on Aug 6, 2020 8:46:51 GMT
Thanks GasMacc, a really interesting read. You’ve got to respect Rochdale, the Chairman tells it how it is, almost the perfect way to tell bad news. But I suspect that they will get through the problems and survive as a club. I think they will struggle to stay up but sometimes in adversity players step up and perhaps an ‘us against the world “ attitude will help. Good luck to them, They’ve always overachieved really so of all clubs their attitude and history should help. UTG! Not sure about "always overachieving"... Dale have spent more time in tier 4 of English Football than any other football club (48 season) and have never played above tier 3. Yes. I know. I should get out more. UTG and good luck Dale.
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bondigas
Joined: December 2017
Posts: 362
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Post by bondigas on Aug 6, 2020 9:23:49 GMT
Very good communication though from their Chairman, at least their fans know exactly what the position at best is likely to be. Thankfully we have been told by our CEO that we have a budget in place until April 2022, we might not watch much live football until then but at least we are financially safe.
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warehamgas
Predictions League
Joined: May 2014
Posts: 3,392
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Post by warehamgas on Aug 6, 2020 12:51:39 GMT
Thanks GasMacc, a really interesting read. You’ve got to respect Rochdale, the Chairman tells it how it is, almost the perfect way to tell bad news. But I suspect that they will get through the problems and survive as a club. I think they will struggle to stay up but sometimes in adversity players step up and perhaps an ‘us against the world “ attitude will help. Good luck to them, They’ve always overachieved really so of all clubs their attitude and history should help. UTG! Not sure about "always overachieving"... Dale have spent more time in tier 4 of English Football than any other football club (48 season) and have never played above tier 3. Yes. I know. I should get out more. UTG and good luck Dale. Well, I’m not going to start arguing with a statto! 😉 I always equated Rochdale with Barrow, Hartlepool, Southport, Darlington, when I started during the 60s they were all near the bottom of Division 4 trundling along on very poor gates, in the shadow of some big clubs. They’ve had some years in Division 3 since but over the past 15 or so years they’ve done ok, in League 1 they’ve played some decent football and had a few cup runs. And all that, on their gates, makes me think they’ve over-achieved. In the same area Bury, Bolton and Oldham of this area’s four north of Manchester clubs have all been badly run, had on-going court cases and spent well beyond their means. Rochdale have tried to finance themselves the correct way, they’ve still stayed in League 1 and had a few cup runs. All signs of over-achieving, imo. Good luck to them. UTG!
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 6, 2020 12:56:59 GMT
Very good communication though from their Chairman, at least their fans know exactly what the position at best is likely to be. Thankfully we have been told by our CEO that we have a budget in place until April 2022, we might not watch much live football until then but at least we are financially safe.Are we? Weal is in the middle of a spending spree, but at some point income is going to have to exceed expenditure. I don't think he has sufficient money to hand over the (circa) £10m to take control of the club, deal with the training ground, and on top of that cover losses which look likely to increase above the present £3m P/A for too many years. We just need to hope that he doesn't put us in a position where losses are even higher and then he decides to withdraw his financial support, that would be very messy, like Bury messy.
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Post by gasheadnaboo on Aug 6, 2020 13:53:23 GMT
Very good communication though from their Chairman, at least their fans know exactly what the position at best is likely to be. Thankfully we have been told by our CEO that we have a budget in place until April 2022, we might not watch much live football until then but at least we are financially safe.Are we? Weal is in the middle of a spending spree, but at some point income is going to have to exceed expenditure. I don't think he has sufficient money to hand over the (circa) £10m to take control of the club, deal with the training ground, and on top of that cover losses which look likely to increase above the present £3m P/A for too many years. We just need to hope that he doesn't put us in a position where losses are even higher and then he decides to withdraw his financial support, that would be very messy, like Bury messy. When they said they've budgeted for the next two years, one concern I had was whether they've included hypothetical big money player sales into their budgeting? As they seem to believe Ben Garner is some sort of wonder coach.
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Post by swissgas on Aug 6, 2020 16:36:28 GMT
Very good communication though from their Chairman, at least their fans know exactly what the position at best is likely to be. Thankfully we have been told by our CEO that we have a budget in place until April 2022, we might not watch much live football until then but at least we are financially safe.Are we? Weal is in the middle of a spending spree, but at some point income is going to have to exceed expenditure. I don't think he has sufficient money to hand over the (circa) £10m to take control of the club, deal with the training ground, and on top of that cover losses which look likely to increase above the present £3m P/A for too many years. We just need to hope that he doesn't put us in a position where losses are even higher and then he decides to withdraw his financial support, that would be very messy, like Bury messy. The valuation of AJIB has roughly halved since Dwane Sports took over Rovers in 2016 and Wael is now shown as having an 8.5% shareholding with a theoretical value of £ 13.6 million. As you say Bamber, we must hope that he has other substantial cash resources so he can maintain his commitment to Rovers. Anyway, best get back to my allotment, it's hard work burying these jars of gold coins.
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knowall
Joined: August 2019
Posts: 162
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Post by knowall on Aug 6, 2020 18:49:05 GMT
Are we? Weal is in the middle of a spending spree, but at some point income is going to have to exceed expenditure. I don't think he has sufficient money to hand over the (circa) £10m to take control of the club, deal with the training ground, and on top of that cover losses which look likely to increase above the present £3m P/A for too many years. We just need to hope that he doesn't put us in a position where losses are even higher and then he decides to withdraw his financial support, that would be very messy, like Bury messy. The valuation of AJIB has roughly halved since Dwane Sports took over Rovers in 2016 and Wael is now shown as having an 8.5% shareholding with a theoretical value of £ 13.6 million. As you say Bamber, we must hope that he has other substantial cash resources so he can maintain his commitment to Rovers. Anyway, best get back to my allotment, it's hard work burying these jars of gold coins. Whilst your jars of gold swissgas are cash, shares in any company including a bank are not always available cash.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 6, 2020 21:54:21 GMT
Are we? Weal is in the middle of a spending spree, but at some point income is going to have to exceed expenditure. I don't think he has sufficient money to hand over the (circa) £10m to take control of the club, deal with the training ground, and on top of that cover losses which look likely to increase above the present £3m P/A for too many years. We just need to hope that he doesn't put us in a position where losses are even higher and then he decides to withdraw his financial support, that would be very messy, like Bury messy. The valuation of AJIB has roughly halved since Dwane Sports took over Rovers in 2016 and Wael is now shown as having an 8.5% shareholding with a theoretical value of £ 13.6 million. As you say Bamber, we must hope that he has other substantial cash resources so he can maintain his commitment to Rovers. Anyway, best get back to my allotment, it's hard work burying these jars of gold coins. Media here starting to talk about the possibility of negative interest rates being applied to cash balances, please look after that gold I just hope that all of the good people who have bought in to Wael's ownership as a new beginning aren't disappointed, we are a loyal lot and whilst I'm sure all supporters would say the same, Rovers supporters are due some good times.
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Aug 7, 2020 11:35:10 GMT
Very good communication though from their Chairman, at least their fans know exactly what the position at best is likely to be. Thankfully we have been told by our CEO that we have a budget in place until April 2022, we might not watch much live football until then but at least we are financially safe.Are we? Weal is in the middle of a spending spree, but at some point income is going to have to exceed expenditure. I don't think he has sufficient money to hand over the (circa) £10m to take control of the club, deal with the training ground, and on top of that cover losses which look likely to increase above the present £3m P/A for too many years. We just need to hope that he doesn't put us in a position where losses are even higher and then he decides to withdraw his financial support, that would be very messy, like Bury messy. Here we go again,the swiss/bamber club strikes. Put a few long words in,make it sound like you know what your talking about and spread your non stop waves of negativity.
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