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Post by swissgas on Oct 2, 2020 18:19:08 GMT
My short term strategy would start tomorrow by getting in touch with a few advisory firms such as Deloitte and BDO, tell them our current trading and balance sheet position, explain that we need a new stadium, explain that we (as the owner) are able to subsidise the club to a maximum amount of £ X per annum and ask them how they would go about coming up with an outline plan for achieving the goal of controlled sustainability. Depending on the outcome of this exercise then choose the advisory firm to go forward with, committing a large sum of money for their work, and after say a six month period end up with a comprehensive business plan which, together with their help, can be marketed to potential investors worldwide. My constant (I hope) constructive criticism is not flawed because the corner shop only lost about £ 1 million pa and if it had not been for the Sainsbury fiasco our then owners would have been willing and able to cover that even if it meant progress was limited. But now, in the brave new world which you may see but I can't, the club is losing upwards of £ 3 million pa while the team is nosediving and it is inconceivable that Wael has the financial resources to keep pumping money in at this rate Ad infinitum. In my opinion, these consultancy firms would more than likely advise Wael to wind Rovers up and invest his money into something that is likely to improve his wealth, not reduce it. Where does that leave the Rover's fan. All the big firms have dedicated units working in the sports business and they recognize that sporting entrepreneurs have objectives other than just increasing their wealth. www.bdo.co.uk/en-gb/football-finance-directors-reportwww2.deloitte.com/bg/en/pages/finance/articles/football-money-league-2020.html
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Post by swissgas on Oct 2, 2020 18:24:36 GMT
The model of 30 years ago got Rovers to Championship level, balanced the books and enabled us to buy the Mem. It was called common sense then and it still is today. Not exactly Swiss
Yes we got to the Championship and balanced the books, and what an incredible job that was. That was an amazing feat, but it simply could not be done in todays world with the way the game has changed, simply not a chance. That was before freedom of contract, a more level playing field between the 92 clubs, and the biggest difference being wage bill.
GD recognised that model was unsustainable when we could no longer sell players every season and that was when Directors Loans had to be used.
Must correct you regarding buying the Mem though. It didnt enable us to buy the Mem. We had to raise £2.3m, which was done through preferential shares at a payback of X % above base rate (and remember base rates were massive compared to today) and which the club was still paying some back comparatevly recently.
I supsect that if WAQ came up with that kind of plan you would try and rip it to shreads
Regarding common sense? Not a chance - not in in the Football League. Nobody with common sense would purchase a Football League club, not unless they were prepared to lose a lot of money.
I agree that if someone with no common sense decides to purchase a Football League club they must be prepared to lose a lot of money.
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warehamgas
Predictions League
Joined: May 2014
Posts: 3,421
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Post by warehamgas on Oct 13, 2020 16:39:04 GMT
Marcus Stewart back in Bristol looking for another job No Agree, not as manager but as a forwards coach perhaps. No idea if we have one but if we could coach Hanlan to be better in his finishing and he’d be a fantastic player. And MS was a very good finisher. Tbh I’ve lost track of whether we have defensive and forward coaches nowadays. UTG!
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Post by CabbagePatchBlues on Oct 13, 2020 18:30:36 GMT
As I recall, Dunford once boasted that Rovers never cost him a penny
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Post by o2o2bo2ba on Oct 13, 2020 18:57:22 GMT
I've actually seen Marcus Stewart spending a penny!
King Ludd bogs, dodging Dennis Boothe..
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Post by o2o2bo2ba on Oct 18, 2020 8:54:08 GMT
Back on topic with o p next boss....our last boss said this in post Bradford match comments yesterday:
“.....The players don’t deliberately go out and make errors. We’ll have to dust ourselves down, come in tomorrow morning and get ourselves ready for the next challenge....."
If you substitute "challenge" for "project".....it's an identical rant !
DC 💙 GC
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warehamgas
Predictions League
Joined: May 2014
Posts: 3,421
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Post by warehamgas on Oct 18, 2020 9:58:39 GMT
Back on topic with o p next boss....our last boss said this in post Bradford match comments yesterday: “.....The players don’t deliberately go out and make errors. We’ll have to dust ourselves down, come in tomorrow morning and get ourselves ready for the next challenge....." If you substitute "challenge" for "project".....it's an identical rant ! DC 💙 GC That’s if he’s there tomorrow! 😉 Though their owner has got rid of so many managers that he’ll need to stick with GC to avoid looking like a complete plonker. But it’s another team so I don’t really care! UTG!
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Post by lostinspace on Oct 18, 2020 10:25:27 GMT
As I recall, Dunford once boasted that Rovers never cost him a penny You could be right there, a job I did where the rather wealthy owner told me much the same thing, Works in and around people with wealth and deep pockets wiling to invest at that time but seeing that tho he (GD )fronted it those whom were approached ,it seemed were the only ones putting the money in
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Deleted
Joined: January 1970
Posts: 0
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Post by Deleted on Oct 25, 2020 20:32:11 GMT
'Next boss' should be someone recruited to the current project well before Garner moves on.
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TaiwanGas
Paul Bannon
Tom Ramasuts Left Foot.
Joined: June 2014
Posts: 1,327
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Post by TaiwanGas on Oct 25, 2020 21:32:48 GMT
'Next boss' should be someone recruited to the current project well before Garner moves on. Alla Coughlan.
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