by Crusader Royal » 28 Jan 2025 16:48
by Snowflake Royal » 28 Jan 2025 17:35
HoundLinden Jones' TashHound Plenty of money can be made….but you have to make the club successful to do it
Obviously this is a million miles off atm, but how much would be worth if we were in the prem? 3 times as much if not more I reckon. If you could thrive in the prem then plenty more than that
but how much do you need to spend to get there?
assume your figure of 3 X is £150M - (generously assuming that the buyer pays £50M for the club)
that leaves £100M
you'll need to spend £10 Net each year to stay afloat in League 1
if you want to build a squad for promotion, it will be more
then once you are in the Championship, its say a £35M net loss per annum.
I'm sorry, but I don't see how you make 'plenty of money'
I never said this was easy to do
But get promoted this year and next and you are there aren’t you? In theory we could be a prem team in 15 months time
And don’t think you’d lose 35m per season in the champ if you run it anything like sensibly
I guess Ipswich would be the template here. Sold for 40m and last year sold a 40% stake for 100m
I guess the basic plan would be pay £35m or whatever now. Invest a couple of million (wages mainly) now to get us up
Run the club sensibly in the champ for a year or two and then push on for promotion once established there.
It’s bloody hard to do but it’s possible
by Armadillo Roadkill » 28 Jan 2025 17:57
Snowflake RoyalHoundLinden Jones' Tash
but how much do you need to spend to get there?
assume your figure of 3 X is £150M - (generously assuming that the buyer pays £50M for the club)
that leaves £100M
you'll need to spend £10 Net each year to stay afloat in League 1
if you want to build a squad for promotion, it will be more
then once you are in the Championship, its say a £35M net loss per annum.
I'm sorry, but I don't see how you make 'plenty of money'
I never said this was easy to do
But get promoted this year and next and you are there aren’t you? In theory we could be a prem team in 15 months time
And don’t think you’d lose 35m per season in the champ if you run it anything like sensibly
I guess Ipswich would be the template here. Sold for 40m and last year sold a 40% stake for 100m
I guess the basic plan would be pay £35m or whatever now. Invest a couple of million (wages mainly) now to get us up
Run the club sensibly in the champ for a year or two and then push on for promotion once established there.
It’s bloody hard to do but it’s possible
I think those figures are massively out there (oroginally quoted £50m Sale etc. Couhig would have been buying at about £25m - £35m, maybe less.
Annual revenue in L1 is about £10m, there's no way you have to double that from an owners pocket to stay affloat in L1.
Average L1 income in 22/23 was £9.8m according to Deloitte, and our attendances and TV appearances are above average.
Average L1 losses in the same year were £5.5m, with Derby (£30m) accounting for 25% of the whole.
Unlike the Championship, L1 wage costs across the division are lower than revenue.
This is published by Deloitte. Not Football Manager or TransferMarkt speculation.
There is a pretty easy route to Couhig making quite big product by reaping the rewards of the Cat Academy investment that's ready sunk cost, whilst downgrading the current Academy rating to reduce costs, make a player sale or two for high £000ks / low £ms most years, attract good L1 players and higher loanees on reasonable wages thanks to our size and infrastructure and no fees, increase attendance through continued success on the pitch and most importantly feel good factor with Dai gone, and get promoted, which in of itself basically doubles the club's valie over night.
by Crusader Royal » 28 Jan 2025 17:58
by From Despair To Where? » 28 Jan 2025 19:23
by Snowflake Royal » 28 Jan 2025 19:34
Armadillo RoadkillSnowflake RoyalHound
I never said this was easy to do
But get promoted this year and next and you are there aren’t you? In theory we could be a prem team in 15 months time
And don’t think you’d lose 35m per season in the champ if you run it anything like sensibly
I guess Ipswich would be the template here. Sold for 40m and last year sold a 40% stake for 100m
I guess the basic plan would be pay £35m or whatever now. Invest a couple of million (wages mainly) now to get us up
Run the club sensibly in the champ for a year or two and then push on for promotion once established there.
It’s bloody hard to do but it’s possible
I think those figures are massively out there (oroginally quoted £50m Sale etc. Couhig would have been buying at about £25m - £35m, maybe less.
Annual revenue in L1 is about £10m, there's no way you have to double that from an owners pocket to stay affloat in L1.
Average L1 income in 22/23 was £9.8m according to Deloitte, and our attendances and TV appearances are above average.
Average L1 losses in the same year were £5.5m, with Derby (£30m) accounting for 25% of the whole.
Unlike the Championship, L1 wage costs across the division are lower than revenue.
This is published by Deloitte. Not Football Manager or TransferMarkt speculation.
There is a pretty easy route to Couhig making quite big product by reaping the rewards of the Cat Academy investment that's ready sunk cost, whilst downgrading the current Academy rating to reduce costs, make a player sale or two for high £000ks / low £ms most years, attract good L1 players and higher loanees on reasonable wages thanks to our size and infrastructure and no fees, increase attendance through continued success on the pitch and most importantly feel good factor with Dai gone, and get promoted, which in of itself basically doubles the club's valie over night.
It was all going quite well until you got to "feel good factor" and getting promoted. Think of the clubs bigger than Reading that have got stuck in League One or below, who probably believed that promotion was somehow easy...
And of course Couhig was never going to make the ridiculous sums he's claiming in his court case. That's what I'm saying. It's a frivolous court case, as is the one against him. Two charlatans fighting over a money pit.
by Extended-Phenotype » 28 Jan 2025 20:14
Armadillo RoadkillExtended-Phenotype What is it that’s “plain to see” about Couhig’s plans? It can’t be that plain.
- Guy submits bid
- Bid is accepted and deal is thrashed out
- Bid is mysteriously cancelled last minute
- Guy says “hang on, that’s not right”
- A pcunt we all oxf*rd loath for lying, cheating and screwing the club says guy kept changing the terms
…
- Hate guy
Can someone fill in the ellipsis for me so I don’t have to go on Twitter and sift through reams of posts from a billionaire having a live ketamine breakdown to find out?
Guy starts legal proceedings on the basis he would have doubled his money. The only way he could have doubled his money was by screwing the club into the next century. So he's either lying or would not have been a good owner. So not very happy with that guy.
Not that keen on the other guy either.
Stay away from twitter. Life is too short.
by under the tin » 28 Jan 2025 20:49
Hound Yes though most of these owners are gamblers to some extent aren’t they? All think they’ve got the magic secret to make it work and bring success. Dai when he bought us just thought throw a load of money and we’ll go up without doubt any kind of diligence on where the money was going
It does happen…just not very often. Brighton, Brentford, Bournemouth etc. just have to be very clever/lucky
by Brogue » 28 Jan 2025 21:28
under the tinHound Yes though most of these owners are gamblers to some extent aren’t they? All think they’ve got the magic secret to make it work and bring success. Dai when he bought us just thought throw a load of money and we’ll go up without doubt any kind of diligence on where the money was going
It does happen…just not very often. Brighton, Brentford, Bournemouth etc. just have to be very clever/lucky
Pfft.
Just how much has Brighton's owner pumped into that club over the years. Last time I read, it was over £250 M.
He'll never get all of that back. Ever.
All 3 clubs you mention have got their player recruitment/management spot on,
We used to do that.
What we don't seem to have is the ability to attract the very serious money to back that all up.
by Hound » 28 Jan 2025 21:45
under the tinHound Yes though most of these owners are gamblers to some extent aren’t they? All think they’ve got the magic secret to make it work and bring success. Dai when he bought us just thought throw a load of money and we’ll go up without doubt any kind of diligence on where the money was going
It does happen…just not very often. Brighton, Brentford, Bournemouth etc. just have to be very clever/lucky
Pfft.
Just how much has Brighton's owner pumped into that club over the years. Last time I read, it was over £250 M.
He'll never get all of that back. Ever.
All 3 clubs you mention have got their player recruitment/management spot on,
We used to do that.
What we don't seem to have is the ability to attract the very serious money to back that all up.
by Snowflake Royal » 28 Jan 2025 22:55
Extended-PhenotypeArmadillo RoadkillExtended-Phenotype What is it that’s “plain to see” about Couhig’s plans? It can’t be that plain.
- Guy submits bid
- Bid is accepted and deal is thrashed out
- Bid is mysteriously cancelled last minute
- Guy says “hang on, that’s not right”
- A pcunt we all oxf*rd loath for lying, cheating and screwing the club says guy kept changing the terms
…
- Hate guy
Can someone fill in the ellipsis for me so I don’t have to go on Twitter and sift through reams of posts from a billionaire having a live ketamine breakdown to find out?
Guy starts legal proceedings on the basis he would have doubled his money. The only way he could have doubled his money was by screwing the club into the next century. So he's either lying or would not have been a good owner. So not very happy with that guy.
Not that keen on the other guy either.
Stay away from twitter. Life is too short.
Cheers. Where did Couhig say he would have doubled his money? And what money? The money he spent on bailing Reading out, or the price of the takeover?
The article refers to this claim, but those words are Dai’s (or rather, Dai’s team). I’m probably totally wrong on this, but I thought Couhig was trying to say if the money spent on Reading’s wages and taxes was otherwise available it would have been turning a profit. Which doesn’t really translate into “I would have bought Reading and sold all their shit for buuuuucckks!”
by Extended-Phenotype » 28 Jan 2025 23:47
Snowflake RoyalExtended-PhenotypeArmadillo Roadkill
Guy starts legal proceedings on the basis he would have doubled his money. The only way he could have doubled his money was by screwing the club into the next century. So he's either lying or would not have been a good owner. So not very happy with that guy.
Not that keen on the other guy either.
Stay away from twitter. Life is too short.
Cheers. Where did Couhig say he would have doubled his money? And what money? The money he spent on bailing Reading out, or the price of the takeover?
The article refers to this claim, but those words are Dai’s (or rather, Dai’s team). I’m probably totally wrong on this, but I thought Couhig was trying to say if the money spent on Reading’s wages and taxes was otherwise available it would have been turning a profit. Which doesn’t really translate into “I would have bought Reading and sold all their shit for buuuuucckks!”
It's so obviously a legal maneouvre to apply pressure. Of course the claim is inflated. People are reading far too much into the figures in Couhig's claims as they somehow prove nefarious intent.
They don't.
My boss is currently getting regular messages at work that some idiot will see him in high court for £ms of lost earnings claim because we told him his complaint wasn't evidenced. It doesn't mean anything. He's trying to intimidate us into giving him what he wants. Obviously Couhig is far more savvy, but the same principle applies. Aim high, make life difficult, get less, but more than nothing.
by Uke » 29 Jan 2025 00:06
Crusader Royal Losing the Cat1 status would massively affect the calibre of youngsters we could attract though. Any good ones would quickly be poached my Chelsea or Southampton.
by Snowflake Royal » 29 Jan 2025 07:23
UkeCrusader Royal Losing the Cat1 status would massively affect the calibre of youngsters we could attract though. Any good ones would quickly be poached my Chelsea or Southampton.
And…?
We just rebuild the SJM way
Nothing wrong with that except you don’t get your quick fix
by Sutekh » 29 Jan 2025 08:02
by Winston Biscuit » 29 Jan 2025 10:38
by Brogue » 29 Jan 2025 11:11
Winston Biscuit I don't really follow at all what is happening with the takeover/non takeover situation
can someone give me a couple of quick bullet points as to where we are now with Dai and with a new potential owner?
by Snowflake Royal » 29 Jan 2025 11:56
Winston Biscuit I don't really follow at all what is happening with the takeover/non takeover situation
can someone give me a couple of quick bullet points as to where we are now with Dai and with a new potential owner?
by SouthDownsRoyal » 29 Jan 2025 14:06
by Mid Sussex Royal » 30 Jan 2025 09:22
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