Not yet financially sustainable

[IJN]

No surprises here either. It aways amazes me when people like Oddball bleat on and on about the size of the crowds. It takes a lot of money to run a football club properly. Tp be fair to Argyle they've never really dumbed down from the CCC days. When you got to places like Accrington/ Fleetwood and Shrewsbury, the places are full of volunteers, Argyle haven't really gone heavily down that course. We have a full time Chef for the players (plus catering staff), the shop of open normal shop hours, some clubs work our of a part time container.

There's far more to running a good football club, players wages is just one of them.

 

[mervyn]

... but the fact is that the average Championship loss, ... is currently £11 million.

But that is the 'average'. Some will be in the red and some will be in the black. It's not true to say that if you want to be in the Championship you HAVE to operate at a loss.

I fully accept that there is devil in the detail and I don't have the time to debate all the obvious errors in my statement. I just feel that data is too frequently reduced to a simple figure without consideration of the whole picture.

If you study the complete table (sorry I don’t have it to paste here, it was a Guardian article) the only club making a small profit was Birmingham City, and that was through a technicality concerning transfer pay,ents and receipts. From memory the losses ranged from £5 million to £29 million, producing an average of £11 million. I’ll try and find the articles and post it.

 

[Biggs]

It's good that Hallett has come out and said this, it's a much-needed reality check for those who naively seem to think our financial position is going to improve almost immediately on completion of the Grandstand refurbishment.

There are some things that will benefit us immediately though.

The 102 Pioneer packages will be pre-paid, and pre-paid presumably some time in the next few weeks/months.

If conferences start to get booked in the summer, that too is immediate cash. Just more people visiting Home Park and making use of the facilities will be a boost to finances.

We probably won't see the true benefit of the grandstand for a year or so, but I don't see how there will be NO financial improvement straight away.

 

[Old Gunner]

I would have thought the comment was fairly straightforward. We are not yet generating enough income over costs to be self sufficient, last financial year showed a small profit of £32k. So Simon Hallett has had to step in with his own money to bridge the gap...presumably funding transfer deals as well as the new build. Sustainability will have been achieved when we can fund transfers, capital investment etc. from income. In football that is a big ask as most fans (and clubs) don't have the patience to develop a long term sustainable financial model.

 

[IJN]

I tell you what, to be a different angle on it, it took some kahonas to turn down £400k for Freddie.

 

[HC Green]

No surprises here either. It aways amazes me when people like Oddball bleat on and on about the size of the crowds. It takes a lot of money to run a football club properly. Tp be fair to Argyle they've never really dumbed down from the CCC days. When you got to places like Accrington/ Fleetwood and Shrewsbury, the places are full of volunteers, Argyle haven't really gone heavily down that course. We have a full time Chef for the players (plus catering staff), the shop of open normal shop hours, some clubs work our of a part time container.

There's far more to running a good football club, players wages is just one of them.

Such as paying for the squad to travel up the day before and stay overnight when they play Peterborough in the Central League next month.

Just a small sign that Argyle are treating things more professionally and that costs.

 

[Argylegames]

There are some things that will benefit us immediately though.

The 102 Pioneer packages will be pre-paid, and pre-paid presumably some time in the next few weeks/months.

Yes, but the money has to be invested or at least retained to enable the benefits being paid for up-front to be supplied down the line.

 

[Pettgreen]

I tell you what, to be a different angle on it, it took some kahonas to turn down £400k for Freddie.

I thought that was just a rumour.

None of this is a surprise to me regarding monies. With all that it reaffirms to me that we do have the right team in place across the club improving it brick by brick. This club of ours is being built on very solid foundations.

 

[oddball]

No surprises here either. It aways amazes me when people like Oddball bleat on and on about the size of the crowds. It takes a lot of money to run a football club properly. Tp be fair to Argyle they've never really dumbed down from the CCC days. When you got to places like Accrington/ Fleetwood and Shrewsbury, the places are full of volunteers, Argyle haven't really gone heavily down that course. We have a full time Chef for the players (plus catering staff), the shop of open normal shop hours, some clubs work our of a part time container.

There's far more to running a good football club, players wages is just one of them.

Load of rubbish...if you can't run a football club on gates of 10K then questions need to be asked as to where the money is going...a lot of clubs in league division one do not have sugar daddies yet they survive......

 

[Pettgreen]

No surprises here either. It aways amazes me when people like Oddball bleat on and on about the size of the crowds. It takes a lot of money to run a football club properly. Tp be fair to Argyle they've never really dumbed down from the CCC days. When you got to places like Accrington/ Fleetwood and Shrewsbury, the places are full of volunteers, Argyle haven't really gone heavily down that course. We have a full time Chef for the players (plus catering staff), the shop of open normal shop hours, some clubs work our of a part time container.

There's far more to running a good football club, players wages is just one of them.

Load of rubbish...if you can't run a football club on gates of 10K then questions need to be asked as to where the money is going...a lot of clubs in league division one do not have sugar daddies yet they survive......

I think your head is stuck in the 70's regarding gate to expenditure ratios.

 

[Shankster]

Perhaps the halfwits who think a new stand equals unworldly riches now understand the reality of modern football

The stand will not make a modicum of difference other than a slightly more stable future BUT only a future of balance

 

[Shankster]

No surprises here either. It aways amazes me when people like Oddball bleat on and on about the size of the crowds. It takes a lot of money to run a football club properly. Tp be fair to Argyle they've never really dumbed down from the CCC days. When you got to places like Accrington/ Fleetwood and Shrewsbury, the places are full of volunteers, Argyle haven't really gone heavily down that course. We have a full time Chef for the players (plus catering staff), the shop of open normal shop hours, some clubs work our of a part time container.

There's far more to running a good football club, players wages is just one of them.

Load of rubbish...if you can't run a football club on gates of 10K then questions need to be asked as to where the money is going...a lot of clubs in league division one do not have sugar daddies yet they survive......

You sir, are a lunatic

A gate of 10k is nothing, in fact a crowd of 10k probably equates to operating in the red

 

[oddball]

No surprises here either. It aways amazes me when people like Oddball bleat on and on about the size of the crowds. It takes a lot of money to run a football club properly. Tp be fair to Argyle they've never really dumbed down from the CCC days. When you got to places like Accrington/ Fleetwood and Shrewsbury, the places are full of volunteers, Argyle haven't really gone heavily down that course. We have a full time Chef for the players (plus catering staff), the shop of open normal shop hours, some clubs work our of a part time container.

There's far more to running a good football club, players wages is just one of them.

Load of rubbish...if you can't run a football club on gates of 10K then questions need to be asked as to where the money is going...a lot of clubs in league division one do not have sugar daddies yet they survive......

You sir, are a lunatic

A gate of 10k is nothing, in fact a crowd of 10k probably equates to operating in the red

and you Shankster are an idiot.....7th best attendance in the league ....

 

[Guiri Green]

No surprises here either. It aways amazes me when people like Oddball bleat on and on about the size of the crowds. It takes a lot of money to run a football club properly. Tp be fair to Argyle they've never really dumbed down from the CCC days. When you got to places like Accrington/ Fleetwood and Shrewsbury, the places are full of volunteers, Argyle haven't really gone heavily down that course. We have a full time Chef for the players (plus catering staff), the shop of open normal shop hours, some clubs work our of a part time container.

There's far more to running a good football club, players wages is just one of them.

Load of rubbish...if you can't run a football club on gates of 10K then questions need to be asked as to where the money is going...a lot of clubs in league division one do not have sugar daddies yet they survive......

You sir, are a lunatic

A gate of 10k is nothing, in fact a crowd of 10k probably equates to operating in the red

and you Shankster are an idiot.....7th best attendance in the league ....

7th highest overheads or worse ?

 

[Shankster]

No surprises here either. It aways amazes me when people like Oddball bleat on and on about the size of the crowds. It takes a lot of money to run a football club properly. Tp be fair to Argyle they've never really dumbed down from the CCC days. When you got to places like Accrington/ Fleetwood and Shrewsbury, the places are full of volunteers, Argyle haven't really gone heavily down that course. We have a full time Chef for the players (plus catering staff), the shop of open normal shop hours, some clubs work our of a part time container.

There's far more to running a good football club, players wages is just one of them.

Load of rubbish...if you can't run a football club on gates of 10K then questions need to be asked as to where the money is going...a lot of clubs in league division one do not have sugar daddies yet they survive......

You sir, are a lunatic

A gate of 10k is nothing, in fact a crowd of 10k probably equates to operating in the red

and you Shankster are an idiot.....7th best attendance in the league ....

Equates to nothing, zilch