How are our finances - Page 6 - RedPassion.co.uk

Neil · 27th January 2018, 05.07:17

Quote:

Originally Posted by Inside Left

And who took us into this league with its subsequent penalties ? And who milked the club following relegation. Who appointed the clubs most expensive manager in its history to lead the club (not) to promotion.

Yes - there have been some management errors since the Trust took over but none of those errors have yet threatened the existence of the club like those taken by previous owners.

Well said, sir!

moynkeepthefaith · 27th January 2018, 05.16:56

Quote:

Originally Posted by Superunknown

I feel like the fan owned model can work with a large and passionate fanbase. I think if we continue on the up we'll start to reap the rewards of being fan owned. Whilst we haven't really seen much good fortune since we've become fan owned, now that we're doing well and we've got a bit of a war chest, things are starting to look a little brighter.

But with Chester, with them pretty much entirely depending on gate revenue to stay afloat and their relatively small fan base, the fan owned model has failed them.

I'm more than happy with the model and I'm sure the naysayers wouldn't have too much of a problem if it managed us to get us to the hallowed ground of the FL.

Not sure I believe the model has failed them I think their board has. With a hardcore of around 1000 fans in this league without a benefactor means it’s hard to survive. They have miscalculated and overstretched. This league gets harder each year as more sugar daddy clubs come up.

wil · 27th January 2018, 06.27:02

Simple fact is that whoever 'invested' in the club would want a 'return' on their investment. Do any of the French wine and egg noodle eaters want to tell me where this 'return on investment' will come from and will it impact funding for the squad?

pagl · 27th January 2018, 06.48:54

Quote:

Originally Posted by standman

Season ticket sales start May/June, then hopefully some concert money the last few years mid summer.

I thought the concerts and stadium were run by a separate company?

panda23 · 27th January 2018, 07.40:38

Quote:

Originally Posted by moynkeepthefaith

Not sure I believe the model has failed them I think their board has. With a hardcore of around 1000 fans in this league without a benefactor means it’s hard to survive. They have miscalculated and overstretched. This league gets harder each year as more sugar daddy clubs come up.

Correct, their budget for this season seems very high given their attendances, plus they were signing players not too long ago(Jordan archer) .

EnglishRed · 27th January 2018, 07.43:00

Chesters troubles are not inevitabilities of fan ownership. They appear to come as a result of successive bad financial decisions and no long term planning. The writing has been on the wall for a while for them. Even when they were coming up through the league's they were spending money like water, often when they didnt need to.

27th January 2018, 06.27:02	#48-0 (permalink)
wil Legend (info) Joined: Apr 2013 Racecourse Spot: none given Real Name: none given Twitter: @	Re: How are our finances Simple fact is that whoever 'invested' in the club would want a 'return' on their investment. Do any of the French wine and egg noodle eaters want to tell me where this 'return on investment' will come from and will it impact funding for the squad?

27th January 2018, 07.43:00	#51-0 (permalink)
EnglishRed retired & running a pub Joined: Jan 2005 Racecourse Spot: Real Name: Twitter: @	Re: How are our finances Chesters troubles are not inevitabilities of fan ownership. They appear to come as a result of successive bad financial decisions and no long term planning. The writing has been on the wall for a while for them. Even when they were coming up through the league's they were spending money like water, often when they didnt need to.