Financial cost of relegation

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lucy6lucy
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Financial cost of relegation

Post by lucy6lucy »

Unless you believe in leprechaun's we have to face facts we are playing in the Conference next season. Just what are the financial implications facing the club:

The board reacted too late in getting rid of Knill, so let's hope they are already calculating the inevitable now.

Loss of football league sponsorship
TV Rights from sky etc
Severe risk of not having season tickets renewed(which is the life line paying wages during the summer)
No category A matches I would presume. which means fans filling the away end and the money we receive from the paying away fans.
Our local derby will most likely be Salisbury
Plenty of Northern/London away matches, can we afford overnight stays, thus travelling on match day will be tough on the players
Geographical hindrance in attracting players

Will have half the current squad under contract who simply arnt good enough, limiting CH in building his squad as most of the budget will be used paying their wages
Also the potential for a fragile board members to pullout

I just hope we can unite like last time and get it right but the above needs addressing. Just how can we compete when we are struggling financially at present :| :|
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Post by kevgull »

The facts tell you that the board have found themselves to be incompetent with regards to the appointing and sacking of managers. This will ultimately cost us very dearly.

At present we have a manager who put himself forward and when accepting the job, he must also accept ultimate responsibly for the squad HE chose to manage.


He might arguably have been a great player for us however he is rapidly turning out to be one of our worst managers. Ulimately the manager who sent us down.

If we go into the conference I would like Buckle to return and Hargreaves to take the no2 spot. :Oops:
Last edited by kevgull on 09 Mar 2014, 21:20, edited 2 times in total.
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Post by gullintwoplaces »

In response to the title of the thread, the cost is likely to be catastrophic. Some very severe cutting of coats to cloths will be needed. All so unnecessary, it makes me extremely sad.
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Post by DanTUFC »

We should already be scouting and preparing for conference life next season, a striker is an absolute must buy. I can't see many teams wanting to pay money for our players which means like usual we will be having to release players.
For the end of this season we should have gone for in a short term manager who has plenty of football contacts to find us either permanent or loan players and then got Hargreaves at the end of the season. I'm sorry but the board and Thea didn't handle this situation very well.
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Post by Bomber »

We will get parachute payments for a year, but after that nothing.

Also, we will have ten players under contract who will remain here unless their contracts are settled or someone else signs them for a fee.

This time last season, Argyle were bottom but John Sheridan managed to turn it around and the timescale of his arrival was similar to Chris Hargreaves' appointment and Knill's sacking was a year and a day after Carl Fletcher's.

However, they didn't have the same kind of deficit to overturn and Sheridan had the backing of James Brent who, like our board, left it to the last available moment to dispose with Fletcher's services.

Off-the-field, it will be a very hard sell for the club to keep the fans and the wider community interested in terms of selling sponsorship and season tickets etc, etc.
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Post by nickbrod »

A few points to note: Lose potential Sky TV coverage but BT Sport occasionally show Conference matches live.
Of the players under contract Pearce,and possibly Chapell, could command transfer fees.
Also as things stand at the moment the Conference has no sponsor for next season as Skrill are pulling out.
I reckon,too, season ticket sales will be well down.
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Post by arcadia »

kevgull wrote:The facts tell you that the board have found themselves to be incompetent with regards to the appointing and sacking of managers. This will ultimately cost us very dearly.

At present we have a manager who put himself forward and when accepting the job, he must also accept ultimate responsibly for the squad HE chose to manage.


He might arguably have been a great player for us however he is rapidly turning out to be one of our worst managers. Ulimately the manager who sent us down.

If we go into the conference I would like Buckle to return and Hargreaves to take the no2 spot. :Oops:
In your dreams your living in the past. This chap has sacrificed a stable job to take over here he needs your support. The board and Knill have destroyed our football league status not Chris Hargreaves.
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Post by SuperNickyWroe »

arcadia wrote: In your dreams your living in the past. This chap has sacrificed a stable job to take over here he needs your support. The board and Knill have destroyed our football league status not Chris Hargreaves.
im with kevgull on this.

i said that we would be relegated with CH in charge when he was announced as manager.

he knew what he was coming into regarding players and has signed some sh*t on loan and has proved to be the wrong choice at the wrong time.
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Post by MidDevon »

Season ticket sales generate a relative low amount of income for the club

If we sell 1000 tickets at an average of £250 , that is only £250,000, and as we know the club spent 6 times that amount on wages.

If we play Alfreton or Gateshead on a Tuesday night and are doing OK, the crowd is still likely to beat the Burton crowd of the other night

It is the reduced TV and football league money that will really hit the club
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Post by rooster »

This has nothing to do with CH appointment, it was already decided before his appointment. He could hope for a miracle but to be honest that was never going to happen or was a tall order at best. This goes back to the debacle over Ling. The board did not handle situation properly and this ultimately was the start of the demise. Knill was appointed as some sort of messiah which didn't work out and unfortunately the board did not have confidence to release him when it was obvious he was not the person to do job, they continued backing a dead horse and left it to late for a successor to have any real opportunity to do anything. This is the downfall of the club making an error of judgement over Ling, no he didn't please everyone but he managed within his budget and played to the strength of what was available to him. I don't recall complaints when he beat Exeter and Plymouth.........where are we now, propping up the league, such a shame but the board must take responsibility, they created this mess or appeased it when perhaps they should have stood up and be counted, who knows where we would be now but it certainly wouldn't have been worse..............
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Post by Dave »

I, and others have listed the financial cost to the club a few times now, actually bored of it now, although it appears should the club pass May's audit it will keep the youth funding for three seasons so wrong on that score. Think you've missed the importance of season ticket sales there MidDevon, as I'm sure we are all aware, no gate money between May and august, season ticket sales is vital revenue that helps the club operate through these months.

That said after 8 seasons I will not be renewing mine, I just can not commit to 23 home conference match's this time around, if I had the money would renew and just use the season ticket as and when, but sadly I don't.
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Post by MidDevon »

Agree cash flow is vital, especially in a struggling business, I suspect most league 2 clubs have spent their season ticket money by the time the first ball is kicked....but it is only a small contribution to the overall cost of the year.

Regarding renewing tickets, at least 2 of the 4 other people I sit near are not renewing.....others actions may determine my own as I really do not want to be sat by myself on a Tuesday night in February when we are playing Welling....it's not just the standard of football on display, its the commoradry amongst fellow supporters that can kill season ticket sales....if ever the club needed a rallying incentive at the end of the season this will be the time !
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Post by sam_ »

BT Sport have the deal that Setanta had so we will get money from BT TV rights
We'll be back...
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Post by happytorq »

kevgull wrote:If we go into the conference I would like Buckle to return and Hargreaves to take the no2 spot. :Oops:
Need to get rid of the idea that Buckle is going to come rolling back from his cushy job in New York. He's not.
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Post by kevgull »

happytorq wrote: Need to get rid of the idea that Buckle is going to come rolling back from his cushy job in New York. He's not.

Tongue in cheek remark really.

We need a manager with experience, if we keep hold of Hargreaves for 4 or 5 seasons he may end up getting us promoted out of the Southern league.

My mate who advocates a 5 - 5 formation would have gotten more than 1 point in the last 6 games!
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