STFC_Manc
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« Reply #9315 on: Wednesday, December 13, 2023, 14:36:33 » |
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If I had time I'd go through it but I trust the info I was told a few years back. All may have changed as I said. Regardless of what we get, don't get, selling all our young assets isn't the way forward.
The information you were told is wrong? This is the actual document. I'm not sure we get much choice in who we sell? Now if we are actively trying to offload then thats a different matter.
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« Last Edit: Wednesday, December 13, 2023, 14:38:42 by STFC_Manc »
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Leggett
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« Reply #9316 on: Wednesday, December 13, 2023, 14:38:46 » |
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The EPPP scheme lets them take nippers for next to fuck all, I'm not at all sure a few minutes in the first team would bump the price up to £250k... every 10 appearances in the first team triggers another payment of a few thousand, up to a total of about £1.3m after 100 apps, I believe...
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Fuck you Leggett, fuck you.
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STFC_Manc
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« Reply #9317 on: Wednesday, December 13, 2023, 14:39:51 » |
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The EPPP scheme lets them take nippers for next to fuck all, I'm not at all sure a few minutes in the first team would bump the price up to £250k... every 10 appearances in the first team triggers another payment of a thousand, up to a total of about £1.3m after 100 apps, I believe...
From reading the document, it looks like it's 1st team appearences for the new club, not the current club.
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Ƭ̵̬̊: The Artist Formerly Known as CWIG
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« Reply #9318 on: Wednesday, December 13, 2023, 14:41:58 » |
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How long are the trust going to let the aussie spiv and friends hold out on the look at the books and then lie about it?
I'm surprised no more has been said since Hall called them all liars.
They're going to need to side against Clem at some point.
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Mooneyraker
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« Reply #9319 on: Wednesday, December 13, 2023, 14:58:48 » |
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How long are the trust going to let the aussie spiv and friends hold out on the look at the books and then lie about it?
I'm surprised no more has been said since Hall called them all liars.
They're going to need to side against Clem at some point.
Who are "they" at this point? The Chairman has gone. One of the other originally vocal Vice Chairs has removed any mention from his Twitter bio and 'likes' a lot of negative comments about the club. Chris van Roon has obviously gone. Is it just one man in a bunker left?
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Nemo
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« Reply #9320 on: Wednesday, December 13, 2023, 15:04:17 » |
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Steve Mytton hasn't gone, he's announced he'll step down at the AGM in Feb, not immediately. I think it's pretty clear reading between the lines (not itk) that there's a level of internal disagreement within the Trust board that probably makes agreeing external comms rather difficult.
I'd suspect that they're trying to use Hall's "come in any time and see the books" to actually... get in and see the books. That was the original goal and still is, I'd assume. Calling the CEO a cunt publicly, whilst cathartic, probably won't help achieve that.
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Ƭ̵̬̊: The Artist Formerly Known as CWIG
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« Reply #9321 on: Wednesday, December 13, 2023, 15:24:44 » |
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Steve Mytton hasn't gone, he's announced he'll step down at the AGM in Feb, not immediately. I think it's pretty clear reading between the lines (not itk) that there's a level of internal disagreement within the Trust board that probably makes agreeing external comms rather difficult.
I'd suspect that they're trying to use Hall's "come in any time and see the books" to actually... get in and see the books. That was the original goal and still is, I'd assume. Calling the CEO a cunt publicly, whilst cathartic, probably won't help achieve that.
Fair. I'm just wondering at what point they draw a line under it and realise the club have no intention of doing so. October this was originally promised. The optimist in me hopes the trust may be talking to potential buyers in the background as while there must be some internal disagreement, I can't imagine there are many Clem loyalists left.
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Mr Stevens
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« Reply #9322 on: Wednesday, December 13, 2023, 16:47:43 » |
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If I remember correctly, the Class 1 Accademies could take who they liked from whoever they wanted for very little money and, in return, the selling clubs got a better share of the TV money. With scouting being what it is and the big clubs collecting players like souvenirs from a holiday in Rome, it is increasingly unlikely that players that slip through their sieves will be hidden gems.
It reminds be from school when we lined up against the wall and the good players were picked first, leaving the fat kids getting cold. I was one of the fat kids. Actually, I was big boned.
Anyway, to get money for a teenager is the way forward nowadays and hoping that the ones who stay with Swindon turn out well, got example Rideout and Twine.
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Take your chips and fuck off home.
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Costanza
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« Reply #9323 on: Wednesday, December 13, 2023, 16:54:59 » |
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Lots of stuff swilling around today but I can't see much of it being stuff to genuinely fret about. All it takes now is a tweet or two and things are whipped up but I think we're at a stage where we don't need to do much digging, the clubs actions will tell us everything we need to know.
Points deductions? For what? Happy to concede that I might be being naive here but the Morfuni shares thing is surely to goodness a financial penalty at most? Still, quite the 'one honest mistake' eh?
Youth players getting sold? Isn't that par for the course at this level (although this strategy makes me laugh when we're looking for the best players that New South Wales can deliver). Many of the U18s aren't local, they've come in from bigger sides so this strikes me more of a deliberate strategy than a sudden cashflow issue. The money wouldn't be that much in the short term anyway, they'd need to kick-on at their new club for the serious financial gains to emerge.
As for the Trust/accounts stuff. Do we really believe universal acceptance would be reached if the Trust was to come out and say 'we've just looked at the books and they are immaculate'? I'm not so sure.
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« Last Edit: Wednesday, December 13, 2023, 16:58:24 by Costanza »
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Ƭ̵̬̊: The Artist Formerly Known as CWIG
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« Reply #9324 on: Wednesday, December 13, 2023, 17:06:37 » |
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As for the Trust/accounts stuff. Do we really believe universal acceptance would be reached if the Trust was to come out and say 'we've just looked at the books and they are immaculate'? I'm not so sure.
Depends what you mean by 'universal acceptance'. It would obviously raise further questions.
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Costanza
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« Reply #9325 on: Wednesday, December 13, 2023, 17:42:24 » |
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Depends what you mean by 'universal acceptance'.
It would obviously raise further questions.
This is it, and I'll probably be one of those asking questions. It feels too far gone even though we haven't experienced an extreme event yet.
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Nemo
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« Reply #9326 on: Wednesday, December 13, 2023, 18:17:03 » |
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we haven't experienced an extreme event yet.
Death by a thousand cunts. Now there's an episode title you can't use.
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Mooneyraker
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« Reply #9327 on: Wednesday, December 13, 2023, 18:32:52 » |
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Death by a thousand cunts.
Now there's an episode title you can't use.
That’s the subtitle of the Netflix documentary on Swindon Town 1990-2024.
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Ƭ̵̬̊: The Artist Formerly Known as CWIG
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« Reply #9328 on: Wednesday, December 13, 2023, 19:28:35 » |
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This is it, and I'll probably be one of those asking questions.
It feels too far gone even though we haven't experienced an extreme event yet.
Yeah it's gone on too long to be all OK now. I would have asked more questions regardless with respect to where is the money going. Supposedly over £6m of revenue and a wage budget of around £1.6m. If that's confirmed and they think that's OK, where on earth is the rest of the money going?
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Oaksey Moonraker
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« Reply #9329 on: Wednesday, December 13, 2023, 20:22:19 » |
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Yeah it's gone on too long to be all OK now. I would have asked more questions regardless with respect to where is the money going.
Supposedly over £6m of revenue and a wage budget of around £1.6m. If that's confirmed and they think that's OK, where on earth is the rest of the money going?
I thought when a football club wage bill is disclosed that's the figure paid out to players and doesn’t include tax and national insurance. Footballers wages are always talked about after tax. So a player earning £2k a week will cost the same again with 40% tax and 12% NI. So that £1.6M could easily double with Tax plus VAT on the business. But our turnover is better than most clubs in the league so why aren't we competitive to clubs with less than half our gates?
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