New beginnings - 25% Truth, 80% Bollocks

[Moss]

No from me. Sad state of affairs. Have a long hard look at yourself Clem you slimy fuck. 

[Peter Venkman]

Not sure if its mentioned on here, but it 'appears' that you can vote multiple times. This isn't the case, it's basically designed that if you change your mind, or want to put different verbiage on your reasoning you can. Therefore the final entry will be the one that matters.

This is probably obvious, but I thought worth sharing as a few people had mentioned to me it looked like you could vote multiple times.

The voting resolution linked to members does set this out...more work for Bennett!

[Cookie]

Here's a L2 comparison from Mr Priceoffootball. Wages are low which leads to decent revenue to wage. Wimbledon revenue good, I assume new stadium leverage in play. We're being run on a shoestring but with a fairly high ownership debt.

https://x.com/KieranMaguire/status/1930576135001133367

I'm ignoring Wrexham because they've a bunch of cunts.

[Legends-Lounge]

Here's a L2 comparison from Mr Priceoffootball. Wages are low which leads to decent revenue to wage. Wimbledon revenue good, I assume new stadium leverage in play. We're being run on a shoestring but with a fairly high ownership debt.

https://x.com/KieranMaguire/status/1930576135001133367

I'm ignoring Wrexham because they've a bunch of cunts.

If I can read and understand those balances sheets, why the fuck can’t digger?

[joeydubya]

Here's a L2 comparison from Mr Priceoffootball. Wages are low which leads to decent revenue to wage. Wimbledon revenue good, I assume new stadium leverage in play. We're being run on a shoestring but with a fairly high ownership debt.

https://x.com/KieranMaguire/status/1930576135001133367

I'm ignoring Wrexham because they've a bunch of cunts.

So my question, and everyone's will be - if our wage bill is about 57% of £6.9m... what is the other £3m a year going on?

[Tails]

So my question, and everyone's will be - if our wage bill is about 57% of £6.9m... what is the other £3m a year going on?

admin fees, duh!

[Nemo]

I think 60% playing budget to turnover ratio is the FFP (or whatever it's called in L2) limit, no?

That is just the playing wages, you have to cover everything else out of the rest.

[Batch]

I think 60% playing budget to turnover ratio is the FFP (or whatever it's called in L2) limit, no?

I thought we didn't break down wages into player/other and declared the whole thing as one?

That's how I read this from Fairgame

... Wage expenditure is typically the largest cost for any football club, encompassing salaries for playing staff, coaches, and off-field personnel...

[joeydubya]

I thought we didn't break down wages into player/other and declared the whole thing as one?

That's how I read this from Fairgame

Exactly, that's how I read it. Do we really think that many of our players are on six figures PA?.. And our staff do about three or four job roles on one wage!

[reeves4england]

So my question, and everyone's will be - if our wage bill is about 57% of £6.9m... what is the other £3m a year going on?

I would say paying suppliers, HMRC etc but...

[RobertT]

I would say paying suppliers, HMRC etc but...

Most of what we pay HMRC would be employers taxation contributions, which would be included in the salary costs.

[Anonymous77]

Even Morecambe have new owners… yet no one wants to buy a L2 Club?

[Simon Pieman]

Food and bev cost of sales, rent, travel, medical, stewarding (via agency), agents fees, policing, ticketing commission (as done via a 3rd party), grounds maintenance costs, training ground (haha) rent, utilities, ticket levies for away sales, levies on iFollow income.

You'd be surprised how it all adds up.

[Ƭ̵̬̊: The Artist Formerly Known as CWIG]

Food and bev cost of sales, rent, travel, medical, stewarding (via agency), agents fees, policing, ticketing commission (as done via a 3rd party), grounds maintenance costs, training ground (haha) rent, utilities, ticket levies for away sales, levies on iFollow income.

You'd be surprised how it all adds up.

And most of all

A D M I N
F E E S

[Simon Pieman]

A lot of those things are included in admin fees.

Don't get me wrong, I don't like Clem and especially the lack of transparency, but everyone thinking he's skimming millions of the club in admin fees are ill advised.