What date will we be back watching live football at SJP Thread.

[Alistair20000]

Most of this money will actually come from the Magic Money Tree [(c) St Jeremy of Corbyn], not taxpayers.

But we will have to pay to water it, trim it and ultimately dig it up when we can no longer afford to look after it.

 

[Banksy]

Probably posted elsewhere but....

'EFL clubs need help with testing costs'

Exeter City manager Matt Taylor wants players in the English Football League tested more often for coronavirus, but says clubs cannot afford them.

www.bbc.co.uk

 

[DB9]

Interesting article from MT on Devonlive, Here it is if it isn't elsewhere:

Fan ban massive blow to football as clubs face financial peril without a bailout

“There must be a whole host of clubs facing financial peril on the back of not having any cash flow since March and for that to extended for another six months, that’s the majority of the season."

www.devonlive.com

This bit of the article I've copied & pasted on here regarding our recent windfall and what we're losing moneywise before Covid-19:

“That has come at such a big time for us,” Taylor said. “Since March we’ve had no cash flow, so this has stabilised the club, but it will be the basis of the budget for next 5/10 years. Even before covid, we were losing £750,000 to a £1m a year.

“Our turnover needs to improve, the way the club gets investments need to keep developing, and the cuts have come for a reason. It is a timely boost but we cannot spend all that money at once and it has to go to a sensible place. I would be delighted to have it all and buy all the best players, but that is not realistic, and I am backing the young players to take the opportunity.”

 

[Oldsmobile-88]

Interesting article from MT on Devonlive, Here it is if it isn't elsewhere:

Fan ban massive blow to football as clubs face financial peril without a bailout

“There must be a whole host of clubs facing financial peril on the back of not having any cash flow since March and for that to extended for another six months, that’s the majority of the season."

www.devonlive.com

This bit of the article I've copied & pasted on here regarding our recent windfall and what we're losing moneywise before Covid-19:

“That has come at such a big time for us,” Taylor said. “Since March we’ve had no cash flow, so this has stabilised the club, but it will be the basis of the budget for next 5/10 years. Even before covid, we were losing £750,000 to a £1m a year.

“Our turnover needs to improve, the way the club gets investments need to keep developing, and the cuts have come for a reason. It is a timely boost but we cannot spend all that money at once and it has to go to a sensible place. I would be delighted to have it all and buy all the best players, but that is not realistic, and I am backing the young players to take the opportunity.”

Seems at odds with the comments reported on the fans forum earlier in the week.
Someone quoted(Can’t recall who)that the club was nearly self sustaining without windfalls...I think.

 

[Rosencrantz]

Seems at odds with the comments reported on the fans forum earlier in the week.
Someone quoted(Can’t recall who)that the club was nearly self sustaining without windfalls...I think.

I think it is self sustaining up to a point. That point is not with a competitive L2 budget, more a lower L2 budget.

 

[DB9]

Seems at odds with the comments reported on the fans forum earlier in the week.
Someone quoted(Can’t recall who)that the club was nearly self sustaining without windfalls...I think.

A L2 club being (Before Covid) nearly self sustaining? Can't see it myself, Happy to be proved wrong.

 

[grecianstew]

Still going to have to pay the players or make them redundant. Breach of contract to consider.

No easy answers here

And we have to pay the players without any income if we carry on the season and will then have to pay them next summer without any income. At least by pausing and play twice a week from Easter onwards there is a chance we will have some income next summer as opposed to the certainty that we won’t see a soul through the turnstile until next August at the earliest.

 

[Oldsmobile-88]

I'd like to know what sort of percentage catering and hospitality on match days make up our total net profit. There's ways around ticket money, but I can't see a way of making up the money from hospitality.

The nett gate income from ticket sales per game for a 4,000 paying crowd using the median of £15 a ticket admission is around £45k I would think.
I guess that hospitality,bars & kiosks,there would be around £15k profit on a match day.
I think a third would not be too far off the mark in answer to your question.

 

[Martin Lawrence]

Seems at odds with the comments reported on the fans forum earlier in the week.
Someone quoted(Can’t recall who)that the club was nearly self sustaining without windfalls...I think.

My understanding is that the budget has been brought to a cost neutral position as a result of the action taken due to COVID19. Prior to the curtailment of the season, we were losing a whack (although this loss was budgeted for).

 

[Oldsmobile-88]

My understanding is that the budget has been brought to a cost neutral position as a result of the action taken due to COVID19. Prior to the curtailment of the season, we were losing a whack (although this loss was budgeted for).

I probably was not listening properly