by Sir Dodger Royal » 10 Aug 2011 18:31
by tomrfcurz » 10 Aug 2011 18:35
by MmmMonsterMunch » 10 Aug 2011 18:40
tomrfcurz It's true. Perhaps Sunderland and Bolton may be two other examples. 2nd tier sides who've gone up, slowly invested, then more then see the benefits in staying as a solid PL team
by Tilehurst End » 10 Aug 2011 18:42
by rhroyal » 10 Aug 2011 18:42
by Ian Royal » 10 Aug 2011 18:44
tomrfcurz It's true. Perhaps Sunderland and Bolton may be two other examples. 2nd tier sides who've gone up, slowly invested, then more then see the benefits in staying as a solid PL team
by Gordons Cumming » 10 Aug 2011 18:45
by manny96 » 10 Aug 2011 18:46
by Harpers So Solid Crew » 10 Aug 2011 18:47
by manny96 » 10 Aug 2011 18:51
by manny96 » 10 Aug 2011 18:52
by Gordons Cumming » 10 Aug 2011 18:59
manny96 and you're tedious
by Simon's Church » 10 Aug 2011 19:08
by rhroyal » 10 Aug 2011 19:09
Harpers So Solid Crew How much do you believe Coppell had to play with, and do you think any signings at that price might have made the difference. It has also been shown that many of the players sold after relegation were not really up to Prem standard, so why would they have continued to improve with RFC?
by Terminal Boardom » 10 Aug 2011 19:25
by rhroyal » 10 Aug 2011 19:44
Terminal Boardom I thoroughly enjoy SDR's musings and they brighten up the Team Board when they appear. And for once, some reasoned discussion from some. It is true that the club is in a far better shape in all manners of speaking compared to the mess that SJM bought into. But this talk of war chest in 2008 is interesting. So much rumour and speculation. Is it not possible that SJM did not make money available and SSC, beiing the honourable man that he is, would not speak out against him? Is that not remotely possible?
by Toon Toon Blue army » 10 Aug 2011 20:32
rhroyal I can't say how much. How much would a right winger have cost? How much would Gary Cahill, for example, have cost? We were relegated by 3 goals in the end, so arguably all we needed was one player to improve the squad in a weak position. That would have surely been CB or RM. All I do know is that 06/07 and 07/08 were to the only 2 years in recent history where we have been comfortably profitable. More than £6m so, with no player sales needed to keep us in the black.
You could pay £4-5m in a transfer fee and have change left over for 20K a week in wages with that. For 2 players (1 for each season), leaving the club profitable. It was offered to Coppell (I remember the headline: "Coppell promised January war-chest") with figures of £10m available quoted. Rumours on figures are unlikely to be accurate, but we can be confident that it was Coppell's choice not to spend the money. He said time and time again that he was happy with what we had.
I hear STGs asking "What happened with these profits after relegation?" Simple. SJM has said many times he wants an appropriate buyer to come in for this club. This became less likely upon relegation, but improving the balance sheet helps. The profits carried from those years still didn't wipe out all the debts from the first 15 years of his reign, but we are more liquid and safe for using these profits to wipe out some of the debts.
I'd also say that missing out on promotion in 08/09 was nothing to do with the quality of the squad or "ambition". We operated at a huge loss that year, making the sales of Doyle, Hunt and Bikey absolutely necessary. We didn't go up because of a huge bottle job from players and management that year; the squad had the potential to walk the league. Would ploughing an extra £6m or so in from the previous 2 years profits have solved this? Can't be sure, but I doubt it would have helped the morale and team ethic which fell apart in 2009. If it had failed, we'd have been in even bigger trouble at the end of the season, with a higher wage bill and weaker balance sheet.
And so we are where we are now. We still hold debt, but it is manageable sustainable debt. We operate in the black year on year to keep it this way. The club is solvent and potentially attractive to the correct buyer. I'd actually say we're in a very attractive proposition for a buyer. Wealthy, large catchment area for fans. Modern facilities and planning permission approved for stadium expansion. All we really lack to be one of the top 15 clubs in England is success on the pitch, but we already have a squad that is competing for promotion.
Any potential buyer will just have to invest a little to all this, like JM did initially, and we're potentially at the next level. Do we want to undermine this position by running at a deficit and accruing debts? I'd argue a definite no.
by Pseud O'Nym » 10 Aug 2011 20:52
Ian Royal In this it's useful to look at the success stories, but also at the failures. Look at what's happened to the teams that made it and failed to make it stick or those who didn't get there in the first place. We're by no means the most successful, but I think if you look at it closely how we've done would still be towards the top end of most clubs.
by Terminal Boardom » 10 Aug 2011 20:54
Toon Toon Blue army I will be quite annoyed if a reasonably significant amount of the Long/Mills money is not re-invested into the team over the next year or so.
by Plymouth_Royal » 10 Aug 2011 20:56
rhroyal Sunderland different kettle of fish with financial backing and resources we can only dream of, partly down to crowd sizes. Bolton and Stoke granted though.
We dropped the ball at the end of 06/07; apparently it was Coppell's choice and not JM. We needed to strengthen then, when we were in a decent position and probably attractive to potential players. The transfer window in January 2008 too.
It's not like we can do much differently now. The financial constraints on this club have been documented. When the financial records were posted up on Floyd's thread people still chose to ignore or rubbish them (with no shred of evidence to challenge them) so I give up arguing.
Suffice to say, Coppell had the opportunity to strengthen and chose not to. That's the main difference between us and the clubs mentioned.
EDIT: Here are the aforementioned statements. Disagree with them? Please find some evidence to back up your opinion or stop expending energy voicing your pointless opinion. http://star-reading.org/index.php/downl ... ew/165/74/
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