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thepeoplesgame

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« Reply #135 on: Thursday, April 18, 2013, 08:58:06 »

Sorry for the repeat post, but I thought it was worth putting in here too:

As reported in the Adver, representatives of the Supporters Trust - as well as the Supporters Club - should be meeting Jed next week.

As I understand it this meeting won't be open to all, but if people have questions they'd like to see asked, they should tweet @TrustSTFC or visit www.truststfc.com and use the 'contact us' tab to drop the Trust a line.

The Trust believes in fan representation and wants to speak for as many Town fans as possible. I'd also encourage people to join (it's only a fiver) as the more fans the Trust represents, the stronger and louder its voice.
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Red Frog
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« Reply #136 on: Thursday, April 18, 2013, 08:59:48 »

Presumably it was the high cost of the wage packets of the Italian mob and Spencer.  There is no way that KMac and Cooper are on anything like waht PDC was on without adding all his entourage!

Then why would they still be ongoing?
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Tout ce que je sais de plus sūr ą propos de la moralité et des obligations des hommes, c'est au football que je le dois. - Albert Camus
london_red

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« Reply #137 on: Thursday, April 18, 2013, 09:25:54 »

So what are these previous running costs which are due to come down? Is it good that we'll be reducing our running costs?

To be fair he doesn't say anything about costs coming down, that is my speculation. We know however that the club was spending more on wages etc that it was taking in, which Black and then the Ritchie sale was covering. These costs haven't gone away and will for now be met by Power. Unless I'm missing something that is what McCrory has said.
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ronnie21

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« Reply #138 on: Thursday, April 18, 2013, 10:26:32 »

Then why would they still be ongoing?
Ongoing or short term?  I have no idea but if it is not the previous managment's costs it can only mean that we are going to see a big turn-round in players wages this summer - and a first team primarily made up of youth team players and loanees next season.
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Flashheart

« Reply #139 on: Thursday, April 18, 2013, 10:28:34 »

Ongoing or short term?  I have no idea but if it is not the previous managment's costs it can only mean that we are going to see a big turn-round in players wages this summer - and a first team primarily made up of youth team players and loanees next season.

Nowhere has anything of the sort been suggested. Asides from unfounded rumour and speculation.
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Reg Smeeton
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« Reply #140 on: Thursday, April 18, 2013, 10:40:56 »

Nowhere has anything of the sort been suggested. Asides from unfounded rumour and speculation.

Doesn't really need to be stated...the whole course that the club has been running since the turn of the year tells us that spending will be coming down.  The only question is by how much....the main cost is wages, assuming that the deals to pay up the likes of Risser, Cibocchi et al have all been settled, so it's axiomatic that you look to natural wastage. Which means players out of contract mostly having to leave, to be replaced by something cheper.
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RobertT

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« Reply #141 on: Thursday, April 18, 2013, 10:43:22 »

Doesn't really need to be stated...the whole course that the club has been running since the turn of the year tells us that spending will be coming down.  The only question is by how much....the main cost is wages, assuming that the deals to pay up the likes of Risser, Cibocchi et al have all been settled, so it's axiomatic that you look to natural wastage. Which means players out of contract mostly having to leave, to be replaced by something cheper.
Or, you no longer budget tp pay PDC and Spencer a combined total of probably over 7 figures a year.
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Reg Smeeton
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« Reply #142 on: Thursday, April 18, 2013, 10:48:09 »

Or, you no longer budget tp pay PDC and Spencer a combined total of probably over 7 figures a year.

Every little helps...but it would be interesting to know what remuneation the magnificent 7 are receiving, for services rendered.
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Flashheart

« Reply #143 on: Thursday, April 18, 2013, 10:52:52 »

Doesn't really need to be stated...the whole course that the club has been running since the turn of the year tells us that spending will be coming down.  The only question is by how much....the main cost is wages, assuming that the deals to pay up the likes of Risser, Cibocchi et al have all been settled, so it's axiomatic that you look to natural wastage. Which means players out of contract mostly having to leave, to be replaced by something cheper.

If the budget is coming down. Why does it mean that 'it could only mean' a team full of youths and loans?
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Bukkake Regiment

« Reply #144 on: Thursday, April 18, 2013, 10:55:18 »

He's just fishing.
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Reg Smeeton
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« Reply #145 on: Thursday, April 18, 2013, 11:04:52 »

If the budget is coming down. Why does it mean that 'it could only mean' a team full of youths and loans?


It doesn't (that's Ronnie's take)...we'll have certain obligations, which have to be met, like TAH and Lee Cox, who hopefully will be fit to play, but the general tendency will be towards cost cutting where possible.
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Flashheart

« Reply #146 on: Thursday, April 18, 2013, 11:11:21 »

It doesn't (that's Ronnie's take)...we'll have certain obligations, which have to be met, like TAH and Lee Cox, who hopefully will be fit to play, but the general tendency will be towards cost cutting where possible.

Well furry muff.

It makes sense to cut down on wastage. Some can be very over dramatic about it all though.
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Red Frog
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« Reply #147 on: Thursday, April 18, 2013, 11:11:25 »

Well the way Jed expressed it clearly seemed to indicate current running costs were higher than he wanted.

Quote
He’s committed to underwrite a percentage of the ongoing costs which are currently substantial - the previous running costs which are still running.

Given that I assume we've lost the salary costs of Ritchie and Dux's mafia, and most or all of Benson and Cox's salaries, and replaced any cost associated with Bostock, Hollands etc with two kids, then I'm not sure how much more he's expecting to cut running costs.

Maybe he meant a continuing provision for legal costs associated with the previous regime, but that's not what he said.
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Tout ce que je sais de plus sūr ą propos de la moralité et des obligations des hommes, c'est au football que je le dois. - Albert Camus
kerry red

« Reply #148 on: Thursday, April 18, 2013, 11:20:46 »

Nobody could have been happy with PdC's player wastage rate (except Spencer, of course), so there is nothing wrong with looking to cutting costs/waste.

Whoever is right about what direction the club is going under this new regime it will become apparent soon enough.

The quality and/or number of incoming transfers and the sort of players already on the books who will be shown the door/sold off will be the true test.
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horlock07

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« Reply #149 on: Thursday, April 18, 2013, 11:46:01 »


 but the general tendency will be towards cost cutting where possible.

Has this actually been stated anywhere?

And should we not be looking at cost cutting as the club is (and has been for god knows how long) failing to wash its face in terms of sustainability? There are a number of ways to potentially do this, reduce ground rent for instance, but to immediately say as fact that it means a team of youth teamers does seem to be scare mongering a little.
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