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Cox Resigns
Posted: 24 Sep 2015, 13:26
by Rjc70
wbw wrote:
I do agree Rjc, but it's hardly an attractive proposition as it stands. I would assume from the various noises coming out re breakeven figures that the club is still losing money every week. If the breakeven figure is 1800, a shortfall of 300 punters at £20 average spend is a fairly serious deficit before even factoring in the payment of a manager and his assistant.
As said in my reply to forever, owning your commercial premises is no panacea to paper over cracks of any failing business. You would have to question why that would bring a deal over the line for someone at all. As the business and commercial side is not propped up by all of a sudden not having to pay £15k per annum to the Council. So, and I can't remember if you were part of mushroom's consortia or not, it is the business planning centring on commercial and footballing success that becomes the issue. Not the ownership of the freehold.
Added in 1 minute 14 seconds:
Or, to put it another way, why do you think owning the freehold makes it then an attractive proposition, wbw?
Cox Resigns
Posted: 24 Sep 2015, 13:27
by Kit_robin
Owning the freehold would give some element of security to any investor, even if they have no desire to develop Plainmoor.
If they put in money and fail, they can at least set an asking price for the football club that includes the intrinsic value of the land and recoup some of their losses.
Cox Resigns
Posted: 24 Sep 2015, 13:29
by Jerry
wbw wrote:I do agree Rjc, but it's hardly an attractive proposition as it stands. I would assume from the various noises coming out re breakeven figures that the club is still losing money every week. If the breakeven figure is 1800, a shortfall of 300 punters at £20 average spend is a fairly serious deficit before even factoring in the payment of a manager and his assistant.
I wouldn't think the average spend was as much as £20 seeing as it is £16 to stand on the pop.
And anyway we are currently averaging over 1800.
Yes the last few games have been below that but to still be getting 1500 after recent disastrous results suggests to me that we would have no trouble attracting at least that missing 300 back
if we start to win some games.
Cox Resigns
Posted: 24 Sep 2015, 13:38
by wbw
Basically, because if an individual or consortium is to invest heavily, work all hours that god sends, take all the stick that is directed at them from forum posters et al, and turn around a ship that may not be sinking, but is seriously holed, they would need to know that all those commitments would result in a success that he/they owned.
I'm not saying that owning the freehold makes it an attractive propostion - trust me it isn't.
Not owning the freehold, however, makes it an almost impossible proposition.
Added in 5 minutes 8 seconds:
Jerry wrote:
I wouldn't think the average spend was as much as £20 seeing as it is £16 to stand on the pop.
Jerry - the average spend includes marketing (programmes, shirts, shop stuff), food, drinks etc on top of admissions. £20 was just an easy figure to multiply by!!
Cox Resigns
Posted: 24 Sep 2015, 13:44
by Malagagull
Questions for WBW ...What was your first game at Plainmoor ? Secondly how many games have you watched at Torquay?
Cox Resigns
Posted: 24 Sep 2015, 13:45
by Jerry
wbw wrote:
Jerry - the average spend includes marketing (programmes, shirts, shop stuff), food, drinks etc on top of admissions. £20 was just an easy figure to multiply by!!
Okay fair enough.
But the fact still remains that we are averaging over 1800.
Cox Resigns
Posted: 24 Sep 2015, 13:59
by RussianGull
Why the interest in WBW? He's a slightly better wind up merchant than Brucie but at least his posts have got people replying.
Welcome to the board WBW hopefully you'll stick around after we've got through this sticky patch, appointed a new manager and finished 12 in the league.
Cox Resigns
Posted: 24 Sep 2015, 14:01
by wbw
Malagagull wrote:Questions for WBW ...What was your first game at Plainmoor ? Secondly how many games have you watched at Torquay?
First game 1962/63 against Aldershot on Easter Monday if memory serves me right. It was a stupidly early kick off and I was taken by my late father. Still have the programme somewhere.
Watched prob about 150 games before moving away with parents.
Any more questions?
Cox Resigns
Posted: 24 Sep 2015, 14:15
by PhilGull
How many businesses own the building they use?
Some of the biggest businesses in the land have offices around where I work in London. I would suggest that less than one percemt of them own the buildings. They are all owned by property management companies who lease floor space out.
The big advantage a football club has in this situation is that the landlord has little choice - it's not like abother business is going to come along and look to take ove the space.
Cox Resigns
Posted: 24 Sep 2015, 14:16
by Malagagull
wbw wrote:
First game 1962/63 against Aldershot on Easter Monday if memory serves me right. It was a stupidly early kick off and I was taken by my late father. Still have the programme somewhere.
Watched prob about 150 games before moving away with parents.
Any more questions?
I think it was reasonable questions as all you talk about is the freehold and future investors and nothing about the team or players. Furthermore you only appeared on site a few days ago....MMmm
If you are interested my first game was against Southampton and Don Mills smashed a rocket into the Babbacombe end to make it 2-1 and since then I have watched more than 50% of all the games played including home and away ... well over 1500 games.I think that makes me a United fan. So I think I am entitled to be suspicious of you.
Cox Resigns
Posted: 24 Sep 2015, 14:28
by wbw
wrote:I have watched more than 50% of all the games played including home and away ... well over 1500 games.I think that makes me a United fan.
If this is a willy waving competition you win.
Added in 4 minutes 48 seconds:
PhilGull wrote:How many businesses own the building they use?
Some of the biggest businesses in the land have offices around where I work in London. I would suggest that less than one percemt of them own the buildings. They are all owned by property management companies who lease floor space out.
The big advantage a football club has in this situation is that the landlord has little choice - it's not like abother business is going to come along and look to take ove the space.
Again you're right PhilGull, but those businesses you describe can grow and grow, possibly move on to bigger premises and if ultimately really successful, can sell up to a larger group or conglomerate. They still control their own destiny.
We're talking about a football club here - if ever there was a business that requires a different model, then its a football club.
Cox Resigns
Posted: 24 Sep 2015, 14:39
by Malagagull
wbw wrote:
Never mind WBW if it was an asshole competition you would win....
Cox Resigns
Posted: 24 Sep 2015, 14:43
by PhilGull
Cox Resigns
Posted: 24 Sep 2015, 14:45
by wbw
Sorry, but over and out from me.
If that's the sort of person who calls himself a Gulls fan, then no wonder we are in the mess we are.
Cox Resigns
Posted: 24 Sep 2015, 14:52
by Orange Gull
Malagagull wrote:
If you're going to insult someone then at least spell the word right.