Announcement?

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I don't get what's going on with furlough. If everyone is going back to work why aren't people who work in football clubs.
Is it just a way of getting the tax payer to pay wages rather than the clubs?
Lots of non essential workers are now back at work why not football clubs.?
 
All sounds very worrying!

we are now wether we like it or not a league one club, hull, Huddersfield, ispswich, Portsmouth clubs with a sense of entitlement to the higher levels of football are going to be down here with us. I suppose a broader question is wether a Cat 1 academy makes economic sense to a league one club. I don’t know the running costs, upkeep etc. But does that hamper the running of other areas of the club?

likewise the maintenance and upkeep of the SOL and the clubs premier league infrastructure mean that we aren’t able to be as competitive as we want to be on the playing side?

we know SD took a punt which has badly backfired on him. He must be Loosing money through this Covid pandemic.
hen doesn’t have the money to prop the club up but he isn’t getting a sale at the moment, so downsizing the infrastructure would appear a logical money saving step.
 
blf said:
I don't get what's going on with furlough. If everyone is going back to work why aren't people who work in football clubs.
Is it just a way of getting the tax payer to pay wages rather than the clubs?
Lots of non essential workers are now back at work why not football clubs.?
Click to expand...
I understand to a point, but at our level the problem is without gates most clubs can't sustain the wages they need to. Furloughing staff and keeping them there for now is the most sensible decision.

In other workplaces staff returning adds value, potentially increases income etc. For football clubs their main source of income is screwed for the foreseeable future. It's either furlough or they all lose their jobs.
 
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Far Tibetan Mountain said:
New equity spent in the club is not the same thing as repayment of money taken from the club though is it?

So that same £9m now equates to four things. Investment from FFP in the club, a loan from FFP from the club, new equity from madrox to the club and repayment of the money loaned to madrox by the club. Its going a long way that money.
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It is, It's just come back in by a different mechanism. If the £20m balance was still there, you'd have a ridiculous situation where the shareholders had put £9m into the club, but still appeared to owe £20m. It was put in as share capital to ensure it qualified as income for SCMP; a simple repayment wouldn't have done that. There's an argument that only £9m of the balance should have been written off, and I'd do along with that.
 
hudson88 said:
Doesn’t say, just left the club

Sunderland AFC can today confirm that Paul Reid has left his position as academy manager with immediate effect.

The club would like to place on record it’s thanks to Paul for his service throughout what has been a challenging two years for the club’s academy, including helping to ensure its category one status was retained.

All at SAFC would like to wish Paul the very best for the future.
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That reads like sacked to me.
 
Upthere said:
Neither will work, although RR won’t admit it- they were a propaganda outfit for Methven and co.

As for RAWA, there’s several people there that are power happy- and just want to be ‘ITK’ and to be on a pedi stool- and finally a fans group will never work when people have a financial interest in the club.
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I'm on the committee of RAWA. You're talking utter shit.

Happy to exchange PMs to determine if you know me or any of the other committee members and how you've arrived at this nonsense conclusion. If you want to have a go at us as an organisation that's up to you, but you're now making claims against unnamed individuals so I'm calling you out on your shit.
 
blf said:
I don't get what's going on with furlough. If everyone is going back to work why aren't people who work in football clubs.
Is it just a way of getting the tax payer to pay wages rather than the clubs?
Lots of non essential workers are now back at work why not football clubs.?
Click to expand...

Definitely being used by accountants to make savings, i know for a fact, though in this case the balls up of a decision the league made has probably forced us into it. If they can't afford to pay for tests to get the league finished and they make a decision based on a random point in time its not fair that the club suffer consequences twice. There are some rules on furlough - i'm not bang up to speed but decisions need to be made by certain dates. Maybe they had to call it just in case hence the 'may return early' caveat.
 
johnnyat87 said:
I understand to a point, but at our level the problem is without gates most clubs can't sustain the wages they need to. Furloughing staff and keeping them there for now is the most sensible decision.

In other workplaces staff returning adds value, potentially increases income etc. For football clubs their main source of income is screwed for the foreseeable future. It's either furlough or they all lose their jobs.
Click to expand...

Agreed. Pubs etc will get a bit of income and will know they can make some profit, Admin staff at clubs will currently be an unneeded cost.
 
Steeeeed said:
I'm on the committee of RAWA. You're talking utter shit.

Happy to exchange PMs to determine if you know me or any of the other committee members and how you've arrived at this nonsense conclusion. If you want to have a go at us as an organisation that's up to you, but you're now making claims against unnamed individuals so I'm calling you out on your shit.
Click to expand...

Ooof
Tin Soldier said:
Is that the big announcement ??????
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Earth shattering.
 
johnnyat87 said:
I understand to a point, but at our level the problem is without gates most clubs can't sustain the wages they need to. Furloughing staff and keeping them there for now is the most sensible decision.

In other workplaces staff returning adds value, potentially increases income etc. For football clubs their main source of income is screwed for the foreseeable future. It's either furlough or they all lose their jobs.
Click to expand...
There wouldn't t be any gates at the minute anyways though. They are still getting season ticket money in.
 
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