The Hotel End
April 19, 2024, 15:39:50 pm
Welcome, Guest. Please login or register.
Did you miss your activation email?

Login with username, password and session length
News:
 
  Home Help Search Arcade Downloads Gallery Links Staff List Calendar Login Register Chat  

New Trust statement on club finances

Pages: 1 ... 26 27 28 29 30 31 32 [33] 34 35 36 37 38 39 40 41   Go Down
  Print  
Author Topic: New Trust statement on club finances  (Read 36239 times)
0 Members and 4 Guests are viewing this topic.
claretparrot
Hero Member
*****
Offline Offline

Posts: 598


View Profile
Badges: (View All)
Search Combination Topic Starter
« Reply #640 on: July 26, 2021, 14:28:22 pm »

Non taken Parrot.
OK so I don't know that all the current ownership want to do is maintain league status but I'm as certain  as I need to be to know that the owner is not here for egotistical or philanthropic reasons, would you agree? What else is he here for then, is it not safe to assume that he invested in NTFC as a going concern in order to make himself wealthier and considerably so, given the overt risk involved? Why therefore it is not also safe to assume that he would want to work to best business practice by minimising losses rather than spunk money arbitrarily in a vain attempt at on field success? What commercial sense does that make? He is a very successful businessman.
I can only see any merit from our club owners point of view of increasing losses beyond necessary if it is done as a method of upping the anti and therefore pressure on the council and other involved parties to get them to agree to a deal because the consequences of no deal is no club, or if it has been achieved by incompetence. Those for me are the two options. The fact the average league two club has operating losses of 1million pa is a red herring. If I was standing in DB's shoes I would see average as failure.

Why are they mutually exclusive? If the figures that have been chucked around on here, and the evil schemes afoot for KT/DB to extract the whole lot, are anything near accurate then they can lose a fair chunk having a crack at on-field success for fun and still walk away well up on the deal.

Let's be absolutely clear, if these guys cared about their pockets and nothing else, they wouldn't be here and nor would their money. That is unless they're thick as pig s**t, and I suspect your guess on that front would be the same as mine.

None of this means I think the sun shines out their backsides or that I'm happy with the stand etc. etc. It's just reality as I see it.

As an aside, that £3m wages figure in the Deloitte report is all club staff and includes signing-on fees, bonuses, other benefits and employers' NI. So your £113k will be very toppy if you're trying to get to an average first team salary.
« Last Edit: July 26, 2021, 14:30:53 pm by claretparrot » Report Spam   Logged
Pages: 1 ... 26 27 28 29 30 31 32 [33] 34 35 36 37 38 39 40 41   Go Up
  Print  
 
Jump to:  

Powered by EzPortal
Parental guidance is urged as this messageboard may not be suitable for all persons especially those under the age of 16 as the forums may contain words, phrases and expressions not considered appropriate for a younger audience so please express caution. If any posts in the forums offend you, please let us know and we will look at them and if we agree with your complaint, we will remove them. You are personally responsible and potentially liable for the contents of your posting and may be sued should your posting contain content of a defamatory or other illegal nature. Every message posted leaves a traceable IP number. We check the forums at various times of the day and remove offending posts. Other supporters are welcome but abusive or silly posts will be removed and the offenders potentially barred from future access to the site. We advise that you never reveal any personal information about yourself or anyone else (for example: telephone number, home address or email address), and please do not include postal addresses of any kind. This messageboard is not endorsed or in any way affiliated with Northampton Town FC. All postings on this board become copyright of The Hotel End & may not be reproduced without the permission of the board administrator. By signing up to this message board you agree to this. The Hotel End cannot be held liable for the actions or postings of its members. The Hotel End reserve the right to edit, delete, move or close any thread for any reason. The Hotel End may disclose user information to government authorities at their discretion or when required by law. The Hotel End may also disclose user information when The Hotel End has reason to believe that someone is causing injury to or interference with its rights or property, other The Hotel End users, or anyone else that could be harmed by such activities. By registering for The Hotel End, you agree to indemnify The Hotel End its representatives, and agents, and hold them harmless from any and all claims (including claims for legal fees) which may arise from your participation on the The Hotel End. You also agree that The Hotel End is not responsible for the materials posted by users of The Hotel End. In addition, you grant The Hotel End and its affiliates, worldwide, royalty-free perpetual, irrevocable, non-exclusive right and license to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, perform and display any message or content posted on The Hotel End and/or e-mail sent by you to The Hotel End (in whole or in part). The Hotel End reserves the right to make the rules up as it goes along. Thank you - The Hotel End I love Quidco
Bookmark this site!
Powered by SMF | SMF © 2016, Simple Machines
Privacy Policy