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Donald on our January budget

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Mary Hinge said:
Fookin billshit.....30k through the gate, 40m in parachute payments...

Taking the Fookin Piss....
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......40 million needed to buy club from Short.....money needed to cover loss we will make this season....money to pay transfer fee balances still owed....

I think u are taking the piss ?

Safc's financial situation is still dire and 30000 gates ? 22000 st holders paying average of 15 per game.
Therefore 8000 paying average of 20 per game. Not vast amounts - maximum 500k per game. Ndong and Papy taking 60k of that with Catts and Oviedo taking near 90k.

Wake up and smell the coffee.

Super Colin Todd said:
We are desparate for a proper center half.
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Our financial situation is more desperate which way too many on here don't seem to understand.
Donald and Methven aren't minted so money is not going to be thrown at it.

There are currently discussions going on with the Council to get the business rates bill down from 2 million to 500k.
Savings like this are obviously very important judging by the way CM spoke on Friday, and not shifting the 2 aresholes was obviously a blow.
 
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Norsk406 said:
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Reading between the lines...

Before we can offer new contracts, we need to free up money, the only way to do that is to off load the high earners in January.

If these lads are in their last year that's dangerous.
 
janey said:
I think the plan is, SD and CM are involved in getting us promoted, then when a bigger investment is needed JS takes over and he will ultimately own the club. I’ve been careful as to what I’ve shared since SD and JS visited me dad, and I’m not going to change that, but it’s certainly the impression I got
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Pure guesswork this mind :lol:
 
Vindaloo Man said:
Reading between the lines...

Before we can offer new contracts, we need to free up money, the only way to do that is to off load the high earners in January.

If these lads are in their last year that's dangerous.
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Surely the owners could take a little bit themselves in order to secure young players like maja who will be looked at.

I'm all for self sustaining but some situations are slightly pressing. Not convinced the owners are able to spend much if their own dosh
 
jsdftm04 said:
Surely the owners could take a little bit themselves in order to secure young players like maja who will be looked at.

I'm all for self sustaining but some situations are slightly pressing. Not convinced the owners are able to spend much if their own dosh
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They don't have it TBF. At the start of this process, there were worries about the owners actual finances to be able to run a club of this size

They are hoping to get is self sustainable and that's a good thing however, there needs to be cash injection along the way and not to just rely on parachute funds.

I fully expect us to take out a loan of some sort before January.
 
These 2 owners will sell next year IF we get promoted, if not we are doomed that is a financial fact
Ask old grumps he knows
 
prehab26 said:
That will be true as they don't have the money to push up the league's. They are here to get us self sustainable and therefore increase the value of the club.
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I agree, they want to steady us out, get us promoted and then take it from there. If they achieve what they set out to achieve and sell for a profit, leaving us in a healthier position then I don’t think many would object to them making a profit.
 
I didn’t realise that the financial state was still as precarious until reading that article.
I’d love us to invest more but wouldn’t want another financial mess by trying to push the boat out.
Will be a very interesting January.
 
prehab26 said:
They don't have it TBF. At the start of this process, there were worries about the owners actual finances to be able to run a club of this size

They are hoping to get is self sustainable and that's a good thing however, there needs to be cash injection along the way and not to just rely on parachute funds.

I fully expect us to take out a loan of some sort before January.
Click to expand...

Stadium naming rights up soon I think.
 
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