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How much money Ken gives to Grayson

Discussion in 'Leeds United' started by LUFCER, Aug 17, 2011.

  1. LUFCER

    LUFCER New Member

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    Interesting table comparing wages to turnover:

    http://twitpic.com/64u0ia

    The only club tighter than us on a ratio of wages:turnover is burnley when they were in their premiership season and spent next to nothing, kept a wage cap etc

    UEFA came out and recommended a few seasons back that clubs spend no more than 70% of their turnover on wages. Kens 50% means that we were spending £5.4million a year less than recommended

    http://www.yorkshirepost.co.uk/spor...ed_into_profit_thanks_to_delph_sale_1_3254177

    Key points from this article:
    In the 09/10 season we made an operating loss of 700k, turned into a 2million profit because of the delph sale.
    07/08 we made a profit of 4.5million

    How on earth does a club only spending half its turnover on wages make an operating loss?

    If Ken will just put down those plans to build restaurants, executive boxes and bars all over elland road, and concentrated on the football side, he could've basically bought thorp arch back with 07/08 profit + Delph money, and we could be spending that extra £5million or so (~ 100k a week!) to buy the quality to get out of this league.

    The fans put in £17million of that £27million turnover into the club. 63% of the clubs revenue is made from the fans, now 95% of the fans want Bates out. For too many years now has he pissed away our money, if Bates stays on and on slowly that revenue stream will fall. We are a club spending for championship mediocrity, and soon enough the fans will start protesting with their money, not just with their mouths.

    The man is slowly destroying the club, Bates is a property developer and he's treating the club as his play toy. He can go round building up new executive boxes him and his mates can sit in during a match, he can go to new restaurants and bars he's created during the week, he's even gone on to create his own radio station which makes a loss. All this done for Bates' entertainment, not the clubs benefit. You can bet on it that without further resistance, he will be staying till his hotels are built
     
    #1
  2. MarkoLUFC

    MarkoLUFC Well-Known Member

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    he's a ****. How were there 3 non-parachuted clubs with higher turnover than us?!
     
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  3. OLOF

    OLOF Well-Known Member

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    He'll be dead soon lads, don't panic<ok>
     
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  4. billyboy

    billyboy New Member

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    how fookin soon
     
    #4
  5. bigfatboab

    bigfatboab Well-Known Member

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    Careful, recent social networks have found the police watching everything and anything that could be viewed as a "threat", will be dealt with, usually a 4 year sentence!
     
    #5
  6. OLOF

    OLOF Well-Known Member

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    We're all gonna die...at some point..


    Will the filth be able to find out about me fiddling my expenses, i'd get life if they found out....
    wouldn't i ?
     
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  7. bigfatboab

    bigfatboab Well-Known Member

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    No, but as I'm actually your boss, I'll see you tomorrow morning....
     
    #7
  8. ristac

    ristac Well-Known Member
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    Because I wouldn't mind betting that we end up paying for things we shouldn't be paying for. We end up paying legal fee's and **** that should have nothing to do with us.
     
    #8

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