Adver News: MacDonald's budget blow

[kerry red]

Just a quick thought.

If they slash the £4.5m budget in half (whether that figure is feasible I don't know), surely £1m of that would be the saving of PdC and his entourage's salaries/fees (agents)

Add to that the reported £1m income from the proposed concerts and it almost covers that reduction

So why does the playing budget need to be cut

[Flashheart]

Just a quick thought.

If they slash the £4.5m budget in half (whether that figure is feasible I don't know), surely £1m of that would be the saving of PdC and his entourage's salaries/fees (agents)

Add to that the reported £1m income from the proposed concerts and it almost covers that reduction

So why does the playing budget need to be cut

So now we're going by figures that you've just plucked from the air?

[Nomoreheroes]

Well, if it wasn't much less, it wouldn't warrant a mention.

It was mentioned by a journalist who gets paid to print stuff that people will find interesting!

[kerry red]

So now we're going by figures that you've just plucked from the air?

They said the concerts would be worth £1m annually

The Black budget for this season was £4.5m

Bit of a guesstimate for the salaries/fees but seems probable to me

Anything else I've plucked??

[ronnie21]

Just a quick thought.

If they slash the £4.5m budget in half (whether that figure is feasible I don't know), surely £1m of that would be the saving of PdC and his entourage's salaries/fees (agents)

Add to that the reported £1m income from the proposed concerts and it almost covers that reduction

So why does the playing budget need to be cut

Do you really think that we will show a profit of £1m from six concerts?  I don't and I believe a lot of people were and still are sceptical about those figures.  We actually didn't sell out the Elton John concert and it was my understanding at the time that the profit made was actually on catering and bar receipts - and that came to about £40,000!

[london_red]

I'm sure when the subject has been discussed before most have agreed that sustainability is the only way to guarantee long term stability at a club like Swindon.

Although it would be great to have someone spend tens of millions propelling us up the league's that bill has to be met by someone and we can't expect it.

If this is a step towards the club spending what it earns it at least decreases the likelihood of us going bust again which surely no one wants to see.

As it is with our attendances compared to the rest of league 1 if they can generate some extra revenue streams from other avenues there's no reason we shouldn't be able to compete for a promotion place without the need for £4.5m warchests.

[Flashheart]

They said the concerts would be worth £1m annually

The Black budget for this season was £4.5m

Bit of a guesstimate for the salaries/fees but seems probable to me

Anything else I've plucked??

That the budget will be halved is something you just made up, as was the salary for PDC et al.

[kerry red]

Do you really think that we will show a profit of £1m from six concerts?  I don't and I believe a lot of people were and still are sceptical about those figures.  We actually didn't sell out the Elton John concert and it was my understanding at the time that the profit made was actually on catering and bar receipts - and that came to about £40,000!

I did quote the £1m figure as income, not profit

So where are these other 'income streams' coming from?

[kerry red]

That the budget will be halved is something you just made up, as was the salary for PDC et al.

Wow, this is difficult.

I meant if the budget was cut in half it would be covered by the concerts/wages and fees paid.

Did we not spend £500,000 on fees alone to Spencer last year

[Bob's Orange]

Sorry if already mentioned but perhaps the 1.2 million that needed to be ringfenced will have to be deducted from the budget for a start?

[sonicyouth]

Wow, this is difficult.

I meant if the budget was cut in half it would be covered by the concerts/wages and fees paid.

Did we not spend £500,000 on fees alone to Spencer last year

try doubling it.

[Nemo]

I have no idea how much went to Spencer but it's not a reasonable assumption to cut that amount out of the budget altogether- we will use other agents instead of him who may be cheaper, but we're not suddenly going to cut every penny of that expenditure (particularly as I believe Spencer now represents a fair few of our players).

[Reg Smeeton]

I'm not sure that bandying figures, that we haven't a clue about helps much.  What we do know is that spending has been out of control, and needs to be curtailed. We also know that means getting the wage bill in line with the 60% cap, which is normally achieved by moving on higher earners where possible, and preferably prudent player sales...avoiding if at all possible a fire sale.

[kerry red]

True, but also we aren't going to have spend a whole shedload of money paying off useless players.

What I'm trying to get at is that with the PdC era gone a good proportion of this year's £4.5m would be saved just by him and the others not being here operating in the way they did.

Natural reduction I'd call it.

[chalkies_shorts]

True, but also we aren't going to have spend a whole shedload of money paying off useless players.

What I'm trying to get at is that with the PdC era gone a good proportion of this year's £4.5m would be saved just by him and the others not being here operating in the way they did.

Natural reduction I'd call it.

I'd pay Roberts off.