Question wheres all this money gone?

[Cricko]

that money was set aside from RM many business interest and not player transfer money or cup runs

he has already stated that no club money has been used for the stadium
inquiry, in one of his many blogs

Get real here.....we lost millions by falling from the championship...and we had players on longer contracts....Look about at the many clubs that are falling by the wayside....We are Lucky....we are in debt to the tune of 5 mill.....but luckily it is not being called in.....The club as a whole do not pay the owners of RH or B&L for any facilties they provide during a season......The staff quota actually went up when we came down in the hope that at last we are going to build a LONG term strategy for SUFC.....There will never be a time when all are happy and there will always be people that doubt anybody who tries....We are 1000000% better off than we were 5 years ago but still people moan.

 

[weststander]

Has anyone considered that Tilly and Brush didnt think that Theo was worth £200k ? Perhaps Tilly has learned from his past errors of judement. He has clearly stated that we need defenders and i agree with that. If he were to buy Theo it might blow all his transfer budget in one go and what would we get the quality centre back and left back, that so many people on here have said we need, with ?

As for where the money has gone, IS GONE ON KEEPING OUR CLUB AFLOAT !!
When we were in League Two our break even figure was 6000 ! Since we have been in League One and the Champioship i would imagine that the break even figure is probably now more like 8/9000.

As previously stated We lost out on £2million TV money when we got relegated, thats a lot of money especially when players were on Championship contracts.

I for one would rather have a upper mid table League One team to support than no club at all, it only seems a few short years ago that we were bobbing around in lower mid-table in League Two and a few minutes from being wound up, some people seem to have very short memories.........

 

[WolfieSUFC]

Don't be surprised if Colchester call in the Admins by christmas, if they are in the bottom half of the table with crowd of 4'000 or under, most of their players are on 2 to 3k a week - even if Colchester push for promotion, they would still get 6'000 (with help from extra away support from us, Leeds, Southampton and Norwich etc

 

[WickfordShrimper]

Love these threads .... Yes Ron wheres the £2.50 gone.lol

Please remember we are talking about Southend United FC not Real Madrid

I pray we at least hold out in Div One for the near future good season like the last two... keep our support above 8000 or so at the Hall

Fingers crossed the new ground will be built and generate some funds for Steve Tilson to push us foward to the championship as we should attract 12,000 plus in our 1st season :-)

HAPPY DAYS !!

 

[weststander]

Don't be surprised if Colchester call in the Admins by christmas, if they are in the bottom half of the table with crowd of 4'000 or under, most of their players are on 2 to 3k a week - even if Colchester push for promotion, they would still get 6'000 (with help from extra away support from us, Leeds, Southampton and Norwich etc

Wouldnt have thought so, theyre bankrolled by one of the richest men in the country in robbie cowling until he gets bored theyre financially quite safe....

 

[fbm]

its still 900k that he could have put in for transfers that has had to be spent else where

Why should he?

 

[canveyshrimper]

Why should he?

Indeed. While I want us to spend some money in this window to strengthen the squad, I don't want it to be to the detriment of the club. Look at the clubs who've suffered adminstration, some big fish amongst them.

I often wonder if some posters are equally profligate with their cash as they expect RM & SUFC to be.

As for the original post about money from the Man Ure & Spurs games these matches were the best part of 3 years ago FFS.

 

[Crawliano]

For the love of god. If this thread was aimed at Anton Johnson or Vic Jobson there might be an ounce of "yeah maybe there's a point in this" but it's not.

I doubt our chairman has pulled the wool over all our eyes and got some major Simpsons style Lyle Lanley Monorail syndrome going down here, although I think I'd actually wet myself if Ron's "plan's" involved a picture of him, a suitcase full of cash and a plane heading towards Acapulco .

But still, let's go out, sign players from Champions League clubs who are on their last legs and will put on a handful of great performances cost about 5k a week and then retire after a year cos they can't go on but they got their massive pay out from the insurance.

Now let's do some basic (and I mean BASIC) maths

Even if we signed one player on 5k a week it wouldn't be enough, we'd need to sign another 10 players then of that calibre, we'd end up with a first team demanding 55k a week before bonuses so call that 70k a week. Add another 20 players on 1k a week, that's 90k.

Next up staff, say the club employ 100 people on an average of £500 a week (this is including Tilly and backroom staff), that's another 50k.

So, that's an outlay of 140k a week, that's staff sorted.

Now bills, say utilities are 5k a week (I'm sure electric ain't cheap for a football club who operate in two sites).

Police, call that 2.5k a week on average.
Put another 10k on top of everything I've probably forgotten.

Finally transfer fee payments of those new players, Call it (including signons on the Bosmans) an average of 100k per man, 1.1mil, couple of fringe players make it up to 1.2mil, 23k a week average.

So, based on the wants of others that's give or take 180k a week going out.

Now, income.

Gate receipts. 8,000x15(average) = 60k p/w average
Sponsorship = 5k p/w
TV = 10k p/w
Matchday earnings 5k average

So, just basic but, surely the shortfall can be seen?

Anyway, there's my 2 cents.

 

[silentshrimper]

I thought according to the club we pay high wages so why are we losing out on players from teams in our league ?

For our standards they are probably the highest they have ever been apart from maybe the season in the championship.

We have lost out on Clarke, who is moving for personal issues and not to do with money, I admit Hudders are probably offering more but still thats not the point.

Robinson is down to the transfer fee, he isn't worth 300k or whatever Brighton and Swindon are offering, Tilly has wasted money on strikers before and seeing we have a good few already here, we can afford to loose out on him.

Who else recently have we missed out on concerning players going to other teams in our league?

Are you really that dissapointed that we lost Billy P to Swindon?

As far as everything else goes, I agree with everything Sussex and FBM said early on in this thread. We have to be cautious on what we spend while we are going through the expensive process of building a stadium which will keep us going for many years in the future and attract bigger names to southend.
Just remember we will become the seaside town with the best stadium!

 

[Ulysses]

I'm more bothered about why we have **** pies. Surely with all that money shouldn't we be breaking down barriers and produce Michelin Star halftime food?????

 

[Gt Yarmouth Shrimper]

So we cant afford theo for 200000 plus add ons or offer clark a decent contract so whats happend to this money?



Eastwood = 1.5 m
Bailey = 400 to 750k (not replaced)
Macdonald = 50k profit
Hammell = 110k profit(not replaced)
Share money ?
Hooper = 125 to 175k profit
Man u and Spurs 2 games(budget free money)
Chelsea 2 times plus telly money ?(budget free money)
Jcr = 175k
Play off games inc 1 final (budget free money)
High Season ticket sales(inc championship season)
Gate receipts(inc championship)
Ldv cup runs
Double promotions



Thats just off the top of my head so proberly missed a few?

Come on the Uncle Ron brigade lets have the excuses.................

Wheres the warchest dont tell me.................in the new stadium.........
With no decent team whats the point..........Darlington springs to mind.

2.4 million losses last financial year inc championship season why?

With the money thats come in to the club since Tilly took over we should be in a great positon.

Got an idea Hindle 666, why don't you put your money where your mouth is, become the majority shareholder, pump millions into the club and you can then complain if your investment doesn't produce instant chumpions league success.
Until then recogonise that we are a moderately successful League 1 club who occasionally punches above our weight. Until we have the new stadium and the potential new income it can produce we are where we are, so live with it.

 

[hindle_666]

[quote

Got an idea Hindle 666, why don't you put your money where your mouth is, become the majority shareholder, pump millions into the club and you can then complain if your investment doesn't produce instant chumpions league success.
Until then recogonise that we are a moderately successful League 1 club who occasionally punches above our weight. Until we have the new stadium and the potential new income it can produce we are where we are, so live with it.[/quote]

New Stadium = more debt.............keep dreaming if you think it will make any differance.............if your not gonna answer the question i put to you... why answer at all?
Just look forward to Rons next lap of honour or 'make the club fly' speech ...............and live in yours and the uncle rons brigade's little world...........

 

[maninasuitcase]

The original question has to assume that we were debt free when we went into the CCC. I would guess we weren't. However much we received from the cup games and player sales we paid transfer fees (and wages) sums for Clarke, Ricketts, Bailey, Walker, Revell, Paynter, Foran, Barnard, Harrold, Scannell, Liptak and Richards.

We also spent alot of money trying to develop FFbefore even a any concrete has been poured.

Gates are down from 2 years ago, TV money is maybe £2m a year less the the championship season.

I don't think we are close to administration but any extra cash we've got has mostly been spent.

 

[A Century United]

People are calling for us to spend money like water again. Before we do, perhaps we ought to look at just one case.

Peter Clarke. He was an unusual signing, because he cost a lot more than we were used to spending, and he came from oop North, against Tilly's usual practice. In the course of the three seasons we had him, he turned out for us around 140 times in First Team League and Cup fixtures. Now assuming that the £300k quoted as his purchase price is accurate, and ignoring any agent's fees etc, that works out at:

£2182.86 for each game. That's not per week, that's each time he played. Now add on his wages, the extra on top that SUFC have to fork out in NI etc, his bonuses... You get the picture.

It is dead easy to sit here and (ignoring the evidence of the Accounts which have been posted on SZ already) demand to know where the money has gone and why aren't we splashing out on top players on top wages. Peter Clarke is just one example of why Ron and Tilly are taking their time and trying to get in the right players. Players we can afford, and who won't go rushing off because of domestic difficulties, because the South is their home.

The Ron Brigade's Little World? No mate, we live in the real world - come and join us!

 

[fbm]

New Stadium = more debt.............keep dreaming if you think it will make any differance.............if your not gonna answer the question i put to you... why answer at all?
Just look forward to Rons next lap of honour or 'make the club fly' speech ...............and live in yours and the uncle rons brigade's little world...........

Why do you assume the new stadium = more debt? Have you not read RM's details of how it will be funded and why the club should actually be in a better financial position as a result?

If you haven't then why not do so?

If you don't believe what RM says, then that's a different story altogether and it doesn't really matter what he or anyone else says, does it? You will just have your own agenda and beliefs, which of course you are entitled to.

Just don't be surprised if not many people take you seriously.

 

[united we stand]

Got an idea Hindle 666, why don't you put your money where your mouth is, become the majority shareholder, pump millions into the club and you can then complain if your investment doesn't produce instant chumpions league success.
Until then recogonise that we are a moderately successful League 1 club who occasionally punches above our weight. Until we have the new stadium and the potential new income it can produce we are where we are, so live with it.

New Stadium = more debt.............keep dreaming if you think it will make any differance.............if your not gonna answer the question i put to you... why answer at all?
Just look forward to Rons next lap of honour or 'make the club fly' speech ...............and live in yours and the uncle rons brigade's little world...........

On the basis that you seem to have an answer for everything , and assume that anyone who disagrees hasn't got a brain and must be up Ron's XXXX why are you bothering to ask this question?

If you really care as much as you make out you do, read the accounts, read the blogs, read this site and then write Ron an INFORMED letter based on your findings. I'm sure we would all love to be informed and shown the error of our ways.

 

[turkishm]

I do see most of your points about not trying to spend money we can ill afford,and nearly all saying live in the real world. Ok then lets live in the real world,but if that world turns out to be near the bottom of the 1st with a very real danger of sliding into the 2nd, then please no post on here asking why. Of course Tilson might work the oracle again and get us close to playoffs with our best players being lonees, if so no one would be happier than me.

 

[tommy tucker]

Its time to come clean

Come on Ron its time you showed the faithfull what is going on at the club . You said the funds are now in place and the stadium will comence this summer . While i know its only july I have driven passed Fosset farm as maybe a lot of you have .And i havent seen a marker pole diggers or workman like folk on the area where the stadium is ment to be . Second you say the club will make early signings to the squad again its only june but no names or faces .Third its stated that the club lost over 2 millon pounds so where has the money gone from the Man utd and Tottenham games and the sale of eastwood . Somethingd just doesnt add up .

 

[A Century United]

Come on Ron its time you showed the faithfull what is going on at the club . You said the funds are now in place and the stadium will comence this summer . While i know its only july I have driven passed Fosset farm as maybe a lot of you have .And i havent seen a marker pole diggers or workman like folk on the area where the stadium is ment to be . Second you say the club will make early signings to the squad again its only june but no names or faces .Third its stated that the club lost over 2 millon pounds so where has the money gone from the Man utd and Tottenham games and the sale of eastwood . Somethingd just doesnt add up .

This is no different in tone or points to the thread started by Hindle - so merged.

 

[hindle_666]

People are calling for us to spend money like water again. Before we do, perhaps we ought to look at just one case.

Peter Clarke. He was an unusual signing, because he cost a lot more than we were used to spending, and he came from oop North, against Tilly's usual practice. In the course of the three seasons we had him, he turned out for us around 140 times in First Team League and Cup fixtures. Now assuming that the £300k quoted as his purchase price is accurate, and ignoring any agent's fees etc, that works out at:

£2182.86 for each game. That's not per week, that's each time he played. Now add on his wages, the extra on top that SUFC have to fork out in NI etc, his bonuses... You get the picture.

It is dead easy to sit here and (ignoring the evidence of the Accounts which have been posted on SZ already) demand to know where the money has gone and why aren't we splashing out on top players on top wages. Peter Clarke is just one example of why Ron and Tilly are taking their time and trying to get in the right players. Players we can afford, and who won't go rushing off because of domestic difficulties, because the South is their home. Theo Robinson ?

The uncle Ron Brigade's Little World? No mate, we live in the real world - come and join us!

edited for accruacy.