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Significant investment by FPP has been made

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flusheding said:
It was a response when the conversion was about transfers. The budget was mentioned because the budget included huge weekly wages of the players we had. So in that context if someone says "are you going to spend a lot of money on new players" it's entirely fair to reply with "we have the largest budget in league 1" so we shouldn't need to spend huge amounts of money as the money we are already spending should in theory mean we have the best team, even though we clearly didn't have the best performing group of players.
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I completely disagree with your assessment of the context of that discussion on the podcast. Ive listened to that episode a few times and Donald was, in my opinion of course, talking about our spending power on both fees and wages. I think this context was changed by supporters when it looked like we weren’t going to spend last winter. Then we spent big on Grigg and all of a sudden people were saying ‘see, we have the biggest budget’; some were having their cake and eating it where this was concerned.
 
chriswallace85 said:
:lol: Aye that was a good one. A budget other clubs struggle to compete with in one breath, but in another, well actually it's just a very big budget that we ourselves need to cope with, so in actual fact most other clubs in this division and the next are better off without it. But aye, just say git big budget hew, that'll keep the proles happy for a while 'til we think of some other crap to feed em.
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Surely you understand that if we're spending more money than anyone else in the league, we can't just keep throwing more money at players. We should be either getting our moneys worth or selling players that frees up the current spending budget which allows new purchases.

The former didn't happen but the latter did.
The Sheepfolds End said:
I completely disagree with your assessment of the context of that discussion on the podcast. Ive listened to that episode a few times and Donald was, in my opinion of course, talking about our spending power on both fees and wages. I think this context was changed by supporters when it looked like we weren’t going to spend last winter. Then we spent big on Grigg and all of a sudden people were saying ‘see, we have the biggest budget’; some were having their cake and eating it where this was concerned.
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Well a lot of people including Donald and Methvan have said what was actually meant. So if you took it to mean one thing, maybe Donald should have clarified it. But you're wrong considering what was actually meant by it.
 
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fyl2u said:
The scouting network will help us target players from a much larger pool of talent than we had been. I.e. it will enable us to buy better players for whatever division we're in.
The youth recruitment and academy coaching improvements will enable u to target better players at a younger age and develop a greater number of players into first team players and saleable assets.
Improvements to these areas weren't deemed essential to our chances of getting promoted, and therefore SD hasn't broken his word when he said we didn't "need" investment to get us out of League 1. Now that we have investment money to spend on these areas though, our chances in the future will be improved.

This is a good thing.

I don't understand why some of you are so angry today. Of all days!


It's only a sweeping generalisation of whingers and bawlers. ;)
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When are are planning on getting out of League 1 and back into the Premier League?

Youth recruitment? Kids don't want to play for the 3rd Division reserves.
 
chriswallace85 said:
Gerraway.

I was referring back to @fyl2u's comment that Donald had said from the start we'd strip back and look for investment. That's bollocks. Investment was mentioned a lot times but he at pains to say it wouldn't be needed now, and might not even be needed in the future. Yet here are, still in League 1, courting investment for months on end whilst the footballing operation of the club has undoubtedly suffered.

So the money goes into infrastructure - into scouting networks, into this and that - and what of the first team squad? Are we just closing our eyes and crossing our fingers hoping that Parky pull off a miracle? Or are we settling in for another 18 months of League 1? Are we already "planning" for 2019/2020 or is our newfound wealth going to restructure our recruitment team in such a way that we unearth some cheap talent (cos the investment isn't for the team remember) in the January transfer window to all us to push for promotion this season? It's 1st November. I'm not exactly optimistic.
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Surprise surprise you put a negative slant on this.

What a negative chap you are. You must be a nightmare to live with.
 
flusheding said:
Surely you understand that if we're spending more money than anyone else in the league, we can't just keep throwing more money at players. We should be either getting our moneys worth or selling players that frees up the current spending budget which allows new purchases.

The former didn't happen but the latter did.
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OF course I understand that. Therein lies the problem. Talk of big budgets were extremely hollow words given what it actually meant and ultimately what we've ended up with thanks to cost cutting and bad spending.
 
Roger said:
I see a new statement of capital on Companies House this morning. @Grumpy Old Man is going to have a busy week :lol:
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Nothing to see there. It's just a statement of what the share structure looks like after the reduction. There are now 90,000,000 shares of 1p each allotted (£900,000), from an authorised capital of £1,000,000 made up of 100,000,0000 1p shares. These will, presumably, have been allotted to Madrox in exchange for the old shares.
 
chriswallace85 said:
When are are planning on getting out of League 1 and back into the Premier League?

Youth recruitment? Kids don't want to play for the 3rd Division reserves.
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Kids want to play for massive clubs. Obviously being in a higher division helps too, but I'd rather we were promoted to the Championship with an amazing refreshed youth system in place already than getting there with our current setup and still be needing to improve it. Do you not agree?

Also, these particular investors have invested in sports teams before, so perhaps the youth development angle is just something they personally want to see their money being spent on? If this is the case, is it not their prerogative to do so?

I'm really not seeing an angle from which this could possibly be seen as anything other than a good day for the club.
 
chriswallace85 said:
OF course I understand that. Therein lies the problem. Talk of big budgets were extremely hollow words given what it actually meant and ultimately what we've ended up with thanks to cost cutting and bad spending.
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nbut the words werent hollwo..we did have the biggest budget in the league..we did spend more tahan all other teams and have a wage bill higher than all othe teams..it wasnt hollow at all..
yes the spending was baad..and par of the reason it was bad was because stewrat bragged about the money we had..so clubs put the prices up when selling us a player..thats his fault and no one elses..
but we did. and do have the bigegst budget in the league, whcih is what he pwomiesd.
 
flusheding said:
Surely you understand that if we're spending more money than anyone else in the league, we can't just keep throwing more money at players. We should be either getting our moneys worth or selling players that frees up the current spending budget which allows new purchases.

The former didn't happen but the latter did.

Well a lot of people including Donald and Methvan have said what was actually meant. So if you took it to mean one thing, maybe Donald should have clarified it. But you're wrong considering what was actually meant by it.
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No. I didn’t take it to mean one thing. It was absolutely clear how it was intended. Donald was discussing in the context of us being a powerful entity, not in context of us having a big budget that was a pain in the arse to manage. It was to engage and excite supporters at an early stage. It’s highly, highly disingenuous to say otherwise.

And if they since clarified it, that encapsulates exactly what I mean about Donald anyway. Something is said, then there’s a climbdown (we paid Ellis £40m for the club, also had to be downgraded and re-explained).
 
Grumpy Old Man said:
Nothing to see there. It's just a statement of what the share structure looks like after the reduction. There are now 90,000,000 shares of 1p each allotted (£900,000), from an authorised capital of £1,000,000 made up of 100,000,0000 1p shares. These will, presumably, have been allotted to Madrox in exchange for the old shares.
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there must be other announcements to come? or are they just to come on the madrix file not thesafc one do you thinl?
 
Grumpy Old Man said:
Nothing to see there. It's just a statement of what the share structure looks like after the reduction. There are now 90,000,000 shares of 1p each allotted (£900,000), from an authorised capital of £1,000,000 made up of 100,000,0000 1p shares. These will, presumably, have been allotted to Madrox in exchange for the old shares.
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I'm still none the wiser :lol:, i'm really not good with numbers like.
 
Fetch Fletch said:
The issue is, nobody knows if it IS investment, it seems more like a structured loan.
Something we 'don't need' according to our illustrious ownership.
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They’ve stated it’s investment mate. If it isn’t then that would mean they are telling lies.
 
The Sheepfolds End said:
No. I didn’t take it to mean one thing. It was absolutely clear how it was intended. Donald was discussing in the context of us being a powerful entity, not in context of us having a big budget that was a pain in the arse to manage. It was to engage and excite supporters at an early stage. It’s highly, highly disingenuous to say otherwise.

And if they since clarified it, that encapsulates exactly what I mean about Donald anyway. Something is said, then there’s a climbdown (we paid Ellis £40m for the club, also had to be downgraded and re-explained).
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he didnt climb down on the budget thing..we did and do have the biggest budget..
 
chriswallace85 said:
OF course I understand that. Therein lies the problem. Talk of big budgets were extremely hollow words given what it actually meant and ultimately what we've ended up with thanks to cost cutting and bad spending.
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They turned out to be hollow words because we had a load of large salary players that were not performing in any sense compared to the amount they were being paid. I'd assume Donald thought they'd try and earn their salary.

I think it was telling that he just used the word budget instead of 'war best' or specifically 'transfer budget' as it was clearly a way of sort of deflecting the question but the idea behind it still is completely valid. The players let us down at the end of the day. Their large salaries hamstrung the club and limited what could be done.
 
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