Fri Mar 23, 2012 11:22 pm
Fri Mar 23, 2012 11:56 pm
polo wrote:The guy who just bought peacocks is investing is investing 120 million. Hes not waiting to see how the shops perform hes commited to invest in the shops BEFOREHAND because he knows change is required to make those shops profitable.
Where I work in 2008 when recession bit we turned over 18m, my boss invested in 5 million pounds worth of equipment and we are now one of the mist profitable printers in our field turning over 24 million this year. Every single person who works for us us getting 6% pay rise this year taking into account staff profit bonus.
Printers who just stood around and just slashed prices rather than invest are now out of business or asking staff to take huge pau cuts. Madjeski sold Reading because his printers are fucked. H
The simple tried and tested business argument is you have to speculate to accumulate.
If you stand around and dont invest you will stand stil or go backwards.
This ideal about us running self sufficiently with no investment will just end up in relegation in the end.
Fri Mar 23, 2012 11:59 pm
Blazing Saddles wrote:polo wrote:The guy who just bought peacocks is investing is investing 120 million. Hes not waiting to see how the shops perform hes commited to invest in the shops BEFOREHAND because he knows change is required to make those shops profitable.
Where I work in 2008 when recession bit we turned over 18m, my boss invested in 5 million pounds worth of equipment and we are now one of the mist profitable printers in our field turning over 24 million this year. Every single person who works for us us getting 6% pay rise this year taking into account staff profit bonus.
Printers who just stood around and just slashed prices rather than invest are now out of business or asking staff to take huge pau cuts. Madjeski sold Reading because his printers are fucked. H
The simple tried and tested business argument is you have to speculate to accumulate.
If you stand around and dont invest you will stand stil or go backwards.
This ideal about us running self sufficiently with no investment will just end up in relegation in the end.
oh how very boring from a very boring poster --- Nos Da twypsin mawr
Sat Mar 24, 2012 12:01 am
Sat Mar 24, 2012 12:04 am
Sat Mar 24, 2012 12:05 am
Sat Mar 24, 2012 12:06 am
Sat Mar 24, 2012 12:07 am
hailesy wrote:Peacocks Retail shops were always doing very well, it was the historic debt that crippled the business.
Sat Mar 24, 2012 12:09 am
polo wrote:hailesy wrote:Peacocks Retail shops were always doing very well, it was the historic debt that crippled the business.
according to the new owner they tried to go all 'fashionable' and moved into a more expensive high street market
Sat Mar 24, 2012 12:16 am
Sat Mar 24, 2012 9:12 am
polo wrote:hailesy wrote:Peacocks Retail shops were always doing very well, it was the historic debt that crippled the business.
according to the new owner they tried to go all 'fashionable' and moved into a more expensive high street market
Sat Mar 24, 2012 10:30 am
How can we ask the malaysians to put millions more in when so many are saying they won't renew their season tickets for next year.
Sat Mar 24, 2012 10:51 am
polo wrote:How can we ask the malaysians to put millions more in when so many are saying they won't renew their season tickets for next year.
Because we are the customers and they are the shareholders.
Sat Mar 24, 2012 10:54 am
Sat Mar 24, 2012 10:59 am
Lawnmower wrote:polo wrote:How can we ask the malaysians to put millions more in when so many are saying they won't renew their season tickets for next year.
Because we are the customers and they are the shareholders.
Its hypocritical.
Sat Mar 24, 2012 11:00 am
PtB wrote:Hasn't he also closed a number of shops and sacked alot of staff?
Sat Mar 24, 2012 11:00 am
Bakedalasker wrote:Blazing Saddles wrote:polo wrote:The guy who just bought peacocks is investing is investing 120 million. Hes not waiting to see how the shops perform hes commited to invest in the shops BEFOREHAND because he knows change is required to make those shops profitable.
Where I work in 2008 when recession bit we turned over 18m, my boss invested in 5 million pounds worth of equipment and we are now one of the mist profitable printers in our field turning over 24 million this year. Every single person who works for us us getting 6% pay rise this year taking into account staff profit bonus.
Printers who just stood around and just slashed prices rather than invest are now out of business or asking staff to take huge pau cuts. Madjeski sold Reading because his printers are fucked. H
The simple tried and tested business argument is you have to speculate to accumulate.
If you stand around and dont invest you will stand stil or go backwards.
This ideal about us running self sufficiently with no investment will just end up in relegation in the end.
oh how very boring from a very boring poster --- Nos Da twypsin mawr
Actually I think he has a point about investment and a business. However the problem with this logic is that running a football club as a business is different to running a normal business.
Sat Mar 24, 2012 11:05 am
polo wrote:Lawnmower wrote:polo wrote:How can we ask the malaysians to put millions more in when so many are saying they won't renew their season tickets for next year.
Because we are the customers and they are the shareholders.
Its hypocritical.
How? If we were shareholders and shared the profits fine but we dont.
Do you think the guy from peacocks required the money from the public before he invested in improvements?
Or do you expect my customers to pay for a press before we will print for them?
If they invest they will have a better team and they will have more customers and also a better chance of a return on their invesyment.
Sat Mar 24, 2012 11:10 am
polo wrote:PtB wrote:Hasn't he also closed a number of shops and sacked alot of staff?
Yes hes got rid of the dead wood hes a businessman not a charity.
Besides they ALL would have lost their jobs if he didnt buy them out.
Sat Mar 24, 2012 3:04 pm
polo wrote:How? If we were shareholders and shared the profits fine but we dont. Do you think the guy from peacocks required the money from the public before he invested in improvements? Or do you expect my customers to pay for a press before we will print for them? If they invest they will have a better team and they will have more customers and also a better chance of a return on their invesyment.Lawnmower wrote:Its hypocritical.polo wrote:Because we are the customers and they are the shareholders.How can we ask the malaysians to put millions more in when so many are saying they won't renew their season tickets for next year.
Sat Mar 24, 2012 3:11 pm
Forever Blue wrote:Bakedalasker wrote:Blazing Saddles wrote:polo wrote:The guy who just bought peacocks is investing is investing 120 million. Hes not waiting to see how the shops perform hes commited to invest in the shops BEFOREHAND because he knows change is required to make those shops profitable.
Where I work in 2008 when recession bit we turned over 18m, my boss invested in 5 million pounds worth of equipment and we are now one of the mist profitable printers in our field turning over 24 million this year. Every single person who works for us us getting 6% pay rise this year taking into account staff profit bonus.
Printers who just stood around and just slashed prices rather than invest are now out of business or asking staff to take huge pau cuts. Madjeski sold Reading because his printers are fucked. H
The simple tried and tested business argument is you have to speculate to accumulate.
If you stand around and dont invest you will stand stil or go backwards.
This ideal about us running self sufficiently with no investment will just end up in relegation in the end.
oh how very boring from a very boring poster --- Nos Da twypsin mawr
Actually I think he has a point about investment and a business. However the problem with this logic is that running a football club as a business is different to running a normal business.
Ian, Polo has made a valid point and I agree with him.
Because of lack of investment on the pitch this season, we will suffer big time next season on our revenue, you wait and see.
Sat Mar 24, 2012 3:11 pm
polo wrote:The guy who just bought peacocks is investing is investing 120 million. Hes not waiting to see how the shops perform hes commited to invest in the shops BEFOREHAND because he knows change is required to make those shops profitable.
Where I work in 2008 when recession bit we turned over 18m, my boss invested in 5 million pounds worth of equipment and we are now one of the mist profitable printers in our field turning over 24 million this year. Every single person who works for us us getting 6% pay rise this year taking into account staff profit bonus.
Printers who just stood around and just slashed prices rather than invest are now out of business or asking staff to take huge pau cuts. Madjeski sold Reading because his printers are fucked. H
The simple tried and tested business argument is you have to speculate to accumulate.
If you stand around and dont invest you will stand stil or go backwards.
This ideal about us running self sufficiently with no investment will just end up in relegation in the end.
Sat Mar 24, 2012 3:24 pm
polo wrote:The guy who just bought peacocks is investing is investing 120 million. Hes not waiting to see how the shops perform hes commited to invest in the shops BEFOREHAND because he knows change is required to make those shops profitable.
Where I work in 2008 when recession bit we turned over 18m, my boss invested in 5 million pounds worth of equipment and we are now one of the mist profitable printers in our field turning over 24 million this year. Every single person who works for us us getting 6% pay rise this year taking into account staff profit bonus.
Printers who just stood around and just slashed prices rather than invest are now out of business or asking staff to take huge pau cuts. Madjeski sold Reading because his printers are fucked. H
The simple tried and tested business argument is you have to speculate to accumulate.
If you stand around and dont invest you will stand stil or go backwards.
This ideal about us running self sufficiently with no investment will just end up in relegation in the end.
Sat Mar 24, 2012 4:41 pm
2blue2handle wrote:Shops were already profitable. The problem was RBS and nothin else.
Sat Mar 24, 2012 4:52 pm
Angry Man wrote:2blue2handle wrote:Shops were already profitable. The problem was RBS and nothin else.
Why because they wouldn't lend them anymore money!!!!! Jesus at what point would you want a public owned bank to say 'enough is enough' to a historial debt ridden company..?
Sat Mar 24, 2012 4:54 pm
2blue2handle wrote:Angry Man wrote:2blue2handle wrote:Shops were already profitable. The problem was RBS and nothin else.
Why because they wouldn't lend them anymore money!!!!! Jesus at what point would you want a public owned bank to say 'enough is enough' to a historial debt ridden company..?
They went back on an agreement to restructure the loan.
Sat Mar 24, 2012 6:09 pm
Sat Mar 24, 2012 6:15 pm
Sat Mar 24, 2012 6:52 pm
BorderBlue wrote:Mmn ........ speculating to accumulate being the only way to run a successful football club?
Wasn't that the very plan that our dear departed Mr Risdale put into operation so successfully at Leeds Utd? That worked.
Same model adopted by Portsmouth, Rangers et al. They are doing ever so well too, aren't they?
Throwing money at a problem is not the ONLY way to prosper in the football world. Norwich and our friends from the west (conveniently forgetting their little trips to see the Administrator) have got promoted by mixing investment with a prudent business approach. That seems to be the path that the Malaysians seem to be pursuing.
I am not saying that they have got the mixture right, as I strongly believe that they should have invested in the team to a larger degree in January. However, we don't really know what business plan they have in mind in relation to the rather frightening historical debt. Promotion does not guarantee eradication of debt as it can exacerbate it (see Portsmouth, Hull etc), and they have to consider that aspect too.
Investment is a crucial part of any business growth strategy, but so is sound fiscal sense. We owe anything from £30 - 70,000,000. It is a "shit or bust" gamble if your only business plan is speculating on players, as they cannot guarantee you promotion. You must have contingency plans based on the prospect of not getting promoted too - otherwise there will be no club to support.
Sat Mar 24, 2012 7:51 pm
2blue2handle wrote:Public owned company that seems to be taking jobs off people while paying themselves huge bonus'