Sat Sep 03, 2011 3:38 pm
Tony Blue Williams wrote:
I would say yes Nobby.
The Malaysians will not 'chuck' money at the club now without getting something in return even if it’s a loan note i.e. loading the club with ‘debt’.
Frankly we can't have the best of both worlds and the money has to be generated somehow as you simply cannot rely on it coming out of a hat along with a rabbit.
However, looking to the near future it is my belief that once we are in the Premiership and VT has his betting licence in Malaysia we will be self-sufficient through massive sponsorship deals with Ascot Sports (VT's betting company).
Unfortunately VT obtaining a betting licence is fort with problems as Malaysia has a 52% Muslim majority who will kick up an unholy fuss about fellow non-Muslim’s being allowed to gamble.
That said I believe that CCFC being in the Premiership would help VT’s ambition (Because of the overwhelming popularity of Premiership football in that country) and apparently VT has been promised a licence in 2013 (source a question asked in the Malaysian Parliament)
So it would make sense from VT’s prospective to hold off massive investment at this time because his licence won’t materialise for at least 2 years, but if we could get promoted in the meantime through our own efforts then all to the good for him and his business partners.
Sat Sep 03, 2011 5:39 pm
nobby wrote:I am now over the disappointment that i have felt with the dealings from the club within the transfer window.
It is plain to see that we still need more signings throughout the squad and it now seem that we will have to turn to the loan market to fulfill these requirements. My only concern with this as proven last year is that some players who are loaned to clubs do not show enough committment and passion as players who are signed by the club.
I may be picking a bit too much but i am disappointed by our lack of ambition during the transfer window.
I did not expect or want the club to spend millions but we are in need of a striker and a few wingers, one example we could of gone for is Beckford, i know he was £3million but that to me would have shown the real desire that the board mean business and are looking for a top 2 finish.
At the moment the current squad we have simply does not seem to be good enough to achieve this aim, although a top ten finish does seem realistic. We NEED more strenghth in depth so it will be good to see how the board can redeem themselves within the loan window and show how much ambition they have buy the signings we achieve throughout this time.
As for Craig bellamy, i was devastated to learn that he was signing for Liverpool as i was 100 per cent convinced he would be a Bluebird this season, but i wish him all the best in his career.
As for an eleventh hour bid by the club to get his signature i cannot understand how the club have released such a statement on the issue as we ALL knew over a week ago that Man City were allowing Craig to depert on a free transfer, our club MUST have known this so why wait so long to make enquiries, i feel the statement has been released just to keep fans happy.
I know the club has huge debts, and that the Malaysians are just business men, but they have stated that they want us in the Premier league ASAP, so then why not show a little more ambition and spend some more money on quality, then we will be the real deal.
Us fans show ambition by buying season tickets and turning up every game, and during a time where money is not available to us all in abundance due to the current economic climate, but yet again we show our comittment to the club we all love. Would have been just a bit pleasing to see the board showing their commitment a little bit more.![]()
Sat Sep 03, 2011 5:48 pm
Einstein wrote:nobby wrote:I am now over the disappointment that i have felt with the dealings from the club within the transfer window.
It is plain to see that we still need more signings throughout the squad and it now seem that we will have to turn to the loan market to fulfill these requirements. My only concern with this as proven last year is that some players who are loaned to clubs do not show enough committment and passion as players who are signed by the club.
I may be picking a bit too much but i am disappointed by our lack of ambition during the transfer window.
I did not expect or want the club to spend millions but we are in need of a striker and a few wingers, one example we could of gone for is Beckford, i know he was £3million but that to me would have shown the real desire that the board mean business and are looking for a top 2 finish.
At the moment the current squad we have simply does not seem to be good enough to achieve this aim, although a top ten finish does seem realistic. We NEED more strenghth in depth so it will be good to see how the board can redeem themselves within the loan window and show how much ambition they have buy the signings we achieve throughout this time.
As for Craig bellamy, i was devastated to learn that he was signing for Liverpool as i was 100 per cent convinced he would be a Bluebird this season, but i wish him all the best in his career.
As for an eleventh hour bid by the club to get his signature i cannot understand how the club have released such a statement on the issue as we ALL knew over a week ago that Man City were allowing Craig to depert on a free transfer, our club MUST have known this so why wait so long to make enquiries, i feel the statement has been released just to keep fans happy.
I know the club has huge debts, and that the Malaysians are just business men, but they have stated that they want us in the Premier league ASAP, so then why not show a little more ambition and spend some more money on quality, then we will be the real deal.
Us fans show ambition by buying season tickets and turning up every game, and during a time where money is not available to us all in abundance due to the current economic climate, but yet again we show our comittment to the club we all love. Would have been just a bit pleasing to see the board showing their commitment a little bit more.![]()
You have the right name!!! Nobby
We signed 10 players the majority of whom are international or under 21 international... hmmmmm Surely he can give 5 million of his own money... listen to what your saying. He's a billionaire on paper with the vast majority of his cash tied up in assests...
Sat Sep 03, 2011 5:51 pm
Sat Sep 03, 2011 8:04 pm
Tony Blue Williams wrote:nobby wrote:
Tony, your argument is a feasible one, but if we have a budget of £20 million then where is this money generated from. As a club we have been running insolvent for the past few years, our crowds have signifcantly improved since we moved to the new stadium but they still do not create revenue consisting of £20 million pound. Also the running costs of the club aside from the playing budget, where is all the money accumulating from. The Malaysians MUST be contributing from their fortune to keep us afloat at present, unless the debt is still spiralling out of control without us knowing, whats your opinion.
The annual accounts for the first season at CCS showed the club had a turnover of £18m, which came from Ticket sales, TV, Merchantdising etc.
Since then our average crowds have increased further so it is safe to assume that we are now generating around £20m per season.
Yes you are correct that for the first year the Malaysians had to bank roll the club to the tune of £1.1m per month because Ridsdale had spent all the season ticket money before leaving.
However, the club must be on a much more stable footing because a lot of big earners have moved on in the summer and been replaced by players like Conway, Earnshaw and Cowie who would command much less than those who have gone,
I would assume that the Malaysians are still putting smaller amounts of money in because the revenue streams are patchy, but February will see season tickets on sale again and this should ensue we spend in January for a final promotion push.
In theory this should ensure the club is not loaded with debt, but there is bound to be a small amount which hopefully will be managable.
Sat Sep 03, 2011 8:06 pm
Lawnmower wrote:Tony Blue Williams wrote:nobby wrote:
Tony, your argument is a feasible one, but if we have a budget of £20 million then where is this money generated from. As a club we have been running insolvent for the past few years, our crowds have signifcantly improved since we moved to the new stadium but they still do not create revenue consisting of £20 million pound. Also the running costs of the club aside from the playing budget, where is all the money accumulating from. The Malaysians MUST be contributing from their fortune to keep us afloat at present, unless the debt is still spiralling out of control without us knowing, whats your opinion.
The annual accounts for the first season at CCS showed the club had a turnover of £18m, which came from Ticket sales, TV, Merchantdising etc.
Since then our average crowds have increased further so it is safe to assume that we are now generating around £20m per season.
Yes you are correct that for the first year the Malaysians had to bank roll the club to the tune of £1.1m per month because Ridsdale had spent all the season ticket money before leaving.
However, the club must be on a much more stable footing because a lot of big earners have moved on in the summer and been replaced by players like Conway, Earnshaw and Cowie who would command much less than those who have gone,
I would assume that the Malaysians are still putting smaller amounts of money in because the revenue streams are patchy, but February will see season tickets on sale again and this should ensue we spend in January for a final promotion push.
In theory this should ensure the club is not loaded with debt, but there is bound to be a small amount which hopefully will be managable.
Yes, our outgoings must be less than last year, lower wage bill, reduced interest charges (due to Isaacs and PMG loans being reduced) and lower directors wages (no Ridsdale pay-off).
Sat Sep 03, 2011 8:09 pm
Forever Blue wrote:Lawnmower wrote:Tony Blue Williams wrote:nobby wrote:
Tony, your argument is a feasible one, but if we have a budget of £20 million then where is this money generated from. As a club we have been running insolvent for the past few years, our crowds have signifcantly improved since we moved to the new stadium but they still do not create revenue consisting of £20 million pound. Also the running costs of the club aside from the playing budget, where is all the money accumulating from. The Malaysians MUST be contributing from their fortune to keep us afloat at present, unless the debt is still spiralling out of control without us knowing, whats your opinion.
The annual accounts for the first season at CCS showed the club had a turnover of £18m, which came from Ticket sales, TV, Merchantdising etc.
Since then our average crowds have increased further so it is safe to assume that we are now generating around £20m per season.
Yes you are correct that for the first year the Malaysians had to bank roll the club to the tune of £1.1m per month because Ridsdale had spent all the season ticket money before leaving.
However, the club must be on a much more stable footing because a lot of big earners have moved on in the summer and been replaced by players like Conway, Earnshaw and Cowie who would command much less than those who have gone,
I would assume that the Malaysians are still putting smaller amounts of money in because the revenue streams are patchy, but February will see season tickets on sale again and this should ensue we spend in January for a final promotion push.
In theory this should ensure the club is not loaded with debt, but there is bound to be a small amount which hopefully will be managable.
Yes, our outgoings must be less than last year, lower wage bill, reduced interest charges (due to Isaacs and PMG loans being reduced) and lower directors wages (no Ridsdale pay-off).
Tim
Remember were still paying Dave Jones and Terry Burtons wages etc .
Sat Sep 03, 2011 8:13 pm
Sat Sep 03, 2011 9:08 pm
RichardBluebird wrote:nobby wrote:RichardBluebird wrote:Its quite simple, we dont have any money to spend.
But we have a Billionaire owner who has the desire to succeed and get to the premier league, surely £5 million of his own money would not dent his fortune that much and if we were promoted would enhance his fortune.
You've already stated that they are businessmen Nobby, I really dont think they know how to run a football club and only see it as business. They have no heart or desire for CCFC, we are just a long term project for them to make money on. Yes they have saved us but we now must realise that CCFC is just another investment or somewhere to hide taxes.
Sat Sep 03, 2011 9:14 pm
[/quote]Sun Sep 04, 2011 2:18 pm
langley wrote:i think you find that thye have to clear the debts owing to SH, Langston,
its about time our club was run properly and I think they will do it.
Just because Tan is a billionaire doesnt mean he is going to throw in millions,
we have supporters of our club who are millionaires who are very good at shying away from helping our club.
The sooner we can clear of SH once and for all then we can move on.
Sun Sep 04, 2011 5:16 pm
Sun Sep 04, 2011 5:25 pm
Mon Sep 05, 2011 6:32 am
Mon Sep 05, 2011 8:15 pm
Mon Sep 05, 2011 9:07 pm
DaveSheffield wrote:This thread's f*cking hilarious, fair play.
Right from the off with blinding inaccuracies and downright ludicrous expectations and foolish demands on our meagre resources, it just keeps rolling on. Lovely work by some, I must admit.
Keep smiling though fellas, I'd rather be 7th with Malky and Vincent Tan than 17th like Leeds or God-knows-where like the very same Leicester who have forked out three million pounds sterling plus forty thousand of the very same to come each weelk on a player who has never - and I state, NEVER - "torn the Premiership apart". Not once.
Comedy gold mind.
See you in the Canton
Mon Sep 05, 2011 9:18 pm
Mon Sep 05, 2011 9:25 pm
Bridgend_bluebird wrote:Theres no redemption need at all. They've saved from the hands of the Riddler and the brink, they've "invested" money into the club, reduced the size of the debt and bought in a new, young manager who seems to know what hes doing!
Mon Sep 05, 2011 9:26 pm
nobby wrote:Bridgend_bluebird wrote:Theres no redemption need at all. They've saved from the hands of the Riddler and the brink, they've "invested" money into the club, reduced the size of the debt and bought in a new, young manager who seems to know what hes doing!
I agree fully with your comments, but their target for the season is once again promotion, the manager stated 2 weeks ago he needed at least 3 or 4 players, we only signed an extra one during the remaining period of the transfer window which was disappointing.
I am merely saying they can redeem that disappointment that was felt by some fans during the transfer window by signing 3 or 4 QUALITY players during the loan window.