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Mooneyraker
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« Reply #6991 on: Monday, October 30, 2023, 13:50:57 » |
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Really good piece. Thanks for sharing. Imagine having an owner with a genuine strategic vision like this... sigh.
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UTR
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« Reply #6992 on: Monday, October 30, 2023, 13:51:35 » |
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Mooneyraker
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« Reply #6994 on: Monday, October 30, 2023, 14:22:31 » |
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This has actually depressed me even more to be honest. Compare with the absolute tripe that we are served up in the Advisory board by a revolving cast of shysters, liars and fools... we are miles off it.
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Ƭ̵̬̊: The Artist Formerly Known as CWIG
TOLD YOU SO
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« Reply #6995 on: Monday, October 30, 2023, 14:31:29 » |
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This has actually depressed me even more to be honest. Compare with the absolute tripe that we are served up in the Advisory board by a revolving cast of shysters, liars and fools... we are miles off it.
Well unless you've got a better idea of how to run the football club or win the lottery or something and see how you do! Sorry Steff the Troll got in to my account for a moment there.
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Ƭ̵̬̊: The Artist Formerly Known as CWIG
TOLD YOU SO
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« Reply #6996 on: Monday, October 30, 2023, 14:36:35 » |
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If you could revive something like that with a developer, it would leave the club to concentrate on much smaller jobs like Stratton Bank and boxes in the DRS.
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TheDukeOfBanbury
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« Reply #6997 on: Monday, October 30, 2023, 14:40:06 » |
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Thanks for ruining my day. Not even got over the Saturday and you post that. 😂😂 We don’t even have a plan, let alone 1,2,3,4,5,6 or 7. 2,600 Supporters away from home and can’t even fill the bench. Relentless Misery Supporting Swindon - the day when we can start again, chancer free would just be incredible.
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horlock07
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« Reply #6998 on: Monday, October 30, 2023, 14:41:08 » |
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Fuck me you wouldn't want to be sat next to him at a dinner party.... Would be interesting to know how much the owner has spent getting them to this position, in terms of wealth their owner is a completely different league to Clem (and unlike Clem actually does have the business already st up to develop a ground!) plus he is a local lad done good etc. Yeah its been pretty well mapped out and delivered, but in terms of having the financial nouse to actually deliver its comparing apples and pears! Considering how affluent business is in Swindon it never ceases to amaze me that we have never managed to find owners with a pot to piss in.
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RobertT
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« Reply #6999 on: Monday, October 30, 2023, 14:43:44 » |
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We had them, we just had a CEO and Manager who spunked their money for them.
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RobertT
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« Reply #7000 on: Monday, October 30, 2023, 14:49:34 » |
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Fuck me you wouldn't want to be sat next to him at a dinner party....
Would be interesting to know how much the owner has spent getting them to this position, in terms of wealth their owner is a completely different league to Clem (and unlike Clem actually does have the business already st up to develop a ground!) plus he is a local lad done good etc.
Yeah its been pretty well mapped out and delivered, but in terms of having the financial nouse to actually deliver its comparing apples and pears!
Considering how affluent business is in Swindon it never ceases to amaze me that we have never managed to find owners with a pot to piss in.
They do not produce full accounts, so tough to tell, but you can assume they spend more than we do given their loss for 21/22 was a smidge under 5m!!!!!!!!! edit: Given their stated Revenue number, plus the actual loss banked in the Balance Sheet, they must have gone through nearly 10m in 2021/22. No idea whether that reflects a huge wage bill on players, or if that supports the move to build and grow an Academy and other expenses though. As referenced before, Crewe fork out over 1m a year to maintain their Academy status, it's not unreasonable to assume at least the same for Stockport given they started from scratch. Now, the difference here is they have not loaded up debt to get there, they converted nearly 8m in loans to Equity, so the club now owes nothing to the owners as a result (or back then). https://www.stockportcounty.com/club-statement-mark-stott-investment/https://www.stockportcounty.com/stockport-county-announce-annual-financial-results/It all sounds good, but I'd want to see the Hardware they talk about - it's the bit we don't seem to have much of a plan for, so would be interested to know what Stockport have in return for all that spend.
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« Last Edit: Monday, October 30, 2023, 14:56:00 by RobertT »
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horlock07
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« Reply #7001 on: Monday, October 30, 2023, 14:50:55 » |
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We had them, we just had a CEO and Manager who spunked their money for them.
Indeed, but I never really understood what was in it for Black/Arbib etc, even with the Stockport guy you can see the appeal for him of the prestige of a local lad giving back, possibly sticking two fingers up after he didn't do well at school etc, uplifting the value of his asset through developing ground/training grounds etc. None of that seems to have applied to Black/Arbib, my memory is crap, did they actually attend games that often?
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RobertT
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« Reply #7002 on: Monday, October 30, 2023, 14:52:41 » |
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I always felt it was Fitton convincing his well off mates to back him
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Mooneyraker
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« Reply #7003 on: Monday, October 30, 2023, 15:00:19 » |
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I always felt it was Fitton convincing his well off mates to back him
Certainly the case with Arbib as I understand it.
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Legends-Lounge
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Non PC straight talking tory Brexit voter on this
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« Reply #7004 on: Monday, October 30, 2023, 15:17:04 » |
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Fuck me you wouldn't want to be sat next to him at a dinner party....
Would be interesting to know how much the owner has spent getting them to this position, in terms of wealth their owner is a completely different league to Clem (and unlike Clem actually does have the business already st up to develop a ground!) plus he is a local lad done good etc.
Yeah its been pretty well mapped out and delivered, but in terms of having the financial nouse to actually deliver its comparing apples and pears!
Considering how affluent business is in Swindon it never ceases to amaze me that we have never managed to find owners with a pot to piss in.
“Considering how affluent business is in Swindon it never ceases to amaze me that we have never managed to find owners with a pot to piss in.” Might have something to do with the scruples and modus operandi of the owners. Look at the motley crew we have had since Diamandis. Look who they’ve sold out to or been taken over by. I think with the exception of Sir Seton Wills (recently) everyone has seen the club as a cash cow to make money out of without actually investing anything in that was sustainable or for the long term betterment of the clubs facilities, club and supporters.
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