Wrexham face losing £400K next season if we don’t go up!

[atthematch]

Originally Posted by Handbridge Dragon

(Figures from the WST Share Offer)

If we don’t go up we will have to “restructure the club” to me that equals reducing the playing budget significantly or gambling on another FA Cup run or selling some of our star players!

The share offer is a good way of plugging the gap, but I don’t think it’s sustainable in the long term. Asking fans to pump money each season is just not going to be sustainable.

I hope we go up, but don’t see us being able to challenge again next season if players have to leave. Hopefully I am wrong.

Am looking forward to the Luton game, but the game is much more than just being about promotion, it may well decide the future direction of our club over the next few seasons

We already knew this from takeover time. Cost base is set up for the league so we would need to restructure. Fans owned club means that WE as owners must bankroll the club - no sugar daddies who want something in return. League membership with the extra monies that brings would plug the gap.
But let's get Monday done first. Keep the pressure on Luton as they are the only ones that can lose it from this point on. And 2-0 is difficult for them psychologically.
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[smiffysarmy]

Originally Posted by serencoch

Which part?

like what you say, - "The time to speculate is after Monday's game when things will become a lot more clearer."

Now is not the time. The WST will have to make the club sustainable but its not as black and white as 'losing x amount if we dont go up'.

[clloyd]

Originally Posted by RHYLRED

We are doing nothing wrong, its the thieves from the past that have caused the problem.

Whilst the way the club has been mismanaged in the past is no help it would be interesting to breakdowns of what we are spending in different overheads in comparison to other conference and league 2 sides, and also the same from the various income streams.

I suspect our wage bill may be higher than average but what is it as % of turnover?

Also, I don't think it is scaremongering to have the discussion, it is important to set out expectations but even more vital not to bury our heads in the sand.

[AndyCobra]

Originally Posted by pagl

How do other BSP teams survive then. They all have squads similar size to us and cant be paying wages any bigger and we get bigger crowds.
So what are we doing wrong. It doesnt make any sense to me.
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Because teams aren't living within their means.

We haven't got a wealthy benefactor and do not have any assets (cheers Geoff) so short of printing our own currency, what actually can we do?

Which business model do you want us to copy?

Crawley - bankrolled to promotion

Fleetwood - bankrolled to promotion

Grimsby - Huge losses BBC Sport - Grimsby Town show near £1m losses for the 2010/11 season

Darlington - Nearly out of business

Forest Green - bankrolled, will be a force ala Crawley or Fleetwood next season

Lincoln - a going concern Is Lincoln City A Going Concern? savethemightyimps

Chester - out of business, had to reform

Luton - been in administration umpteen times, get double our crowds and likely double our turnover but still can't guarantee they'll get out of the division

Mansfield - now bankrolled but previously making huge losses Mansfield Town, Keith Haslam and that controversial dividend | David Conn | Sport | The Guardian

Stockport - Trading loss of £850k Stockport County’s Critical Run-In | Twohundredpercent

Cambridge - Living within their means but we out performed them by around 40 points

York - Steady but have been down here for what, 8 seasons?

I think the type of teams we should wish to emulate are the likes of Burton and Stevenage who developed year on year, increased revenue through playoff appearances, FA Tropy and sold their star players for reasonable fees which allowed them to invest in a strong squad.

[RHYLRED]

Originally Posted by clloyd

Whilst the way the club has been mismanaged in the past is no help it would be interesting to breakdowns of what we are spending in different overheads in comparison to other conference and league 2 sides, and also the same from the various income streams.

I suspect our wage bill may be higher than average but what is it as % of turnover?

Also, I don't think it is scaremongering to have the discussion, it is important to set out expectations but even more vital not to bury our heads in the sand.

I was hoping that the wage bill had come down after losing a couple of high earners in the season.
Lets not forget the break even figure given as 3100 and we are nearer 3800, add the FA CUP run and 9000 gate on monday, hopefully this will ease things a little, but going up is the big earner, £800k +.

Its also very important to keep money coming in during the close season, Snowdon walk and other fund raising events. We cant take our foot off the pedal and threads like this I suppose help by keeping people aware.

[Rob]

Likewise the 'we shouldnt have sold Obeng' lot should think about what the figure would be without that cash wodge, or Ward going etc.

Things would have been nicer if Doncaster had paid a fee for Deano as well, but IMHO thats balanced by getting him off the books.

Preseason if someone offered having to overturn 2-0 at home to Luton with a chance of Wembley I would have taken it and then some

[WrexhamO]

3100 was projected average attendence. IT HAS NEVER BEEN A BREAKEVEN FIGURE.

Hope that helps.

We have exceeded our average attendence therefore our losses will be less than anticipated.
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[Part Timer]

Originally Posted by serencoch

that is one option but not the only one. Didnt the WST say cuts would have to be made that would not please everybody? The time to speculate is after Monday's game when things will become a lot more clearer.

It's about time Tunnah paid his own phone bill.

[welshian]

The point with obeng is not that he was sold but that we sold too easily too quickly in a promotion run in. We wouldn't be talking about losses now if we had been promoted ahead of fleetwood. It's clear that since his departure we have suffered, although there are other factors that could also be blamed of course.

Curtis was under contract and could have been sold at the end of the season. I'm assuming that swansea would have still been interested. But as peterborough were keen to pursue nkp even though his form suffered late on shows potential is worth investing in and at the price they got obeng - worth the risk. I'm very happy that we were able to give curtis the push he deserves, just pissed off we didn't hang on to him a little longer.

[wilbobisback]

I said the same a while back & many people got rather defensive about it. In a nutshell our break even figure is far higher than the budgeted figure. What that means is that to break even we'd need to have an average of somewhere near 5,000 to 5,500. Anything between where we are now & those numbers mean we'd make less of a loss. Selling players & the cup run helped but we can't rely on those every season. Should we stay down cuts will have to be made without doubt. Hopefully it won't impact too greatly on the playing side but I imagine it's part of the reason the players have been offered different contracts depending which division we're in. The only other way to reduce costs is to increase income. as fans we've done magnificently over the last few months raising funds but we have to go even further if possible. It's our club, it's up to us to make it work! COYR!