There is definitely a lack of marketing and use of resources so there is potential there. So if the debt is written off when they takeover, that would be great. They then need to make £500k profit just to get that back. Then, assuming no increase in expenses, we need to increase income by £600k pa just to stay afloat. Now take into account cost of purchases, increasing wage costs and some sort of return for the investors and it isn't difficult to see by how much income has to increase just to stay afloat. "Looking at optimising the off field resources" is something that should be done without bringing in investors, unless what they are considering involves expense we can't afford in which case add that in to the expenses above (and consequent increase in income required). Can't wait to see their plan with cost benefit analysis. It will be interesting to separate out the tangible from the intangible to see how believable is the latter. Might need to buy up a few properties/land adjoining AP They have leant us £500k which we must pay back if the takeover doesn't go ahead. How can that be repaid if we are losing £600k every year - impossible. WWFC have been well and truly ****ed over a barrel. It is only a matter of time before they get their hands on Adams Park Maybe they are considering building a multi-story car park for match days and general use (combined with park and ride) and use part of the grounds to build apartments to buy/rent. Have a night club and snooker hall at the top of the car park, incorporate a small shopping centre and pub/restaurant
I don't think they have a boot sale any more but the corporate utilisation of the boxes and bars is starting to get better just a shame we didn't get in there sooner I'll have a word with Pete tonight but a few weeks ago he spoke favorably about the yanks
Money needs to be spent on revamping the bars to utilise them fully they look in a sorry state on big match days we must be taking £40K plus for drinks alone there had to be 1000 pints sold in the Vere alone on Saturday
I think they have 3 lagers at the main bar and up to 6 ales straight from the barrel at the ale bar in the Vere they don't charge an entrance fee since the Trust took over and it gets very busy It's open at half time as well and can get nearly 200 in at HT
One thing I thought of is what about setting up one of these kids indoor adventure playparks my grandkids always go to them and they always seem full up with so many kids and parents there so the revenue is there 7 days a week ,might be worth looking into
The investors have backed out and deferred repayment of the loan. I wonder if our form had anything to do with this.
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I saw signs up in high Wycombe on Wednesday that they are holding a bed and matress sale at Adams Park this weekend so I guess greeny was right there will be a lot of people lying down .on a serious note it may make the club a bit of dosh
Kortney Hause has moved for £3 Million from Wolves to Aston Villa, with the sell on clause it should keep us going for a while.
Anywhere near that figure plus the money from the 500 club could see us through the season nicely, maybe more money than we have ever had.
Didn't we get over £2 Million when Jordon Ibe moved from Liverpool to Bournemouth a couple of seasons ago? Just a shame when Cardiff released Kadeem Harris last week so we get nothing for him.
Matt Ingram is apparently being sold by QPR to Hull so more money coming our way, i doubt it's a massive amount as QPR just want rid but hey any cash is welcome
How does that work? If A sells to B with a 15% sell on clause. Then when B sells to C, A gets 15% of the sale proceeds. If B sold to C with a 10% sell on clause and C subsequently sells to D, B gets 10% of the sale proceeds. Does A get 15% of that 10%? If sale C to D had no sell on clause, would A get anything?
All i know is Ron there is a sell on clause from when we sold him to QPR, anything more than and i'd be bloody confused as usual.