javeajag Posted September 6, 2019 Author Report Share Posted September 6, 2019 2 minutes ago, Norgethistle said: Caldwell would definitely spend it, remember the uproar when his budget was realigned and he wasn’t getting another 4 players Assumption ....you guys can’t have it both ways now the accounts are actual and pretty good and then you speculate negatively to suit your argument Quote Link to comment Share on other sites More sharing options...
javeajag Posted September 6, 2019 Author Report Share Posted September 6, 2019 Just now, jaf said: The £300k was for the coming January DD And isn’t coming as jj will surely attest we are spending less on the squad this season than last Quote Link to comment Share on other sites More sharing options...
Dick Dastardly Posted September 6, 2019 Report Share Posted September 6, 2019 I realise that the accounts are for the previous year, But the point I am making is that he doesn't always spend the budget he is given Quote Link to comment Share on other sites More sharing options...
Dark Passenger Posted September 6, 2019 Report Share Posted September 6, 2019 (edited) 36 minutes ago, Jordanhill Jag said: Gerry B stated the Playing Budget was the same as last Year - thats without the additional monies from Liam & Fitzy Non Playing staff - Four from the Office - two of which were Part Time - one of which wasnt on a large Salary - couple of kit type people - also the two Accounts people made redundant were being replaced by outsourcing - so the cost wasnt wiped out - you are looking at £120K Tops in staff cost reduction - The New Board will defo be getting asked the Question -and Im pretty sure they will answer What happened to the £600k loss you were messaging people about in June? Or were you expecting that to appear in next year's accounts? Edited September 6, 2019 by Dark Passenger Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted September 6, 2019 Report Share Posted September 6, 2019 6 minutes ago, Dick Dastardly said: I realise that the accounts are for the previous year, But the point I am making is that he doesn't always spend the budget he is given What manager doesn’t spend his budget? The more better players he can have the greater chance of staying in a job Quote Link to comment Share on other sites More sharing options...
jaf Posted September 6, 2019 Report Share Posted September 6, 2019 1 minute ago, Dick Dastardly said: I realise that the accounts are for the previous year, But the point I am making is that he doesn't always spend the budget he is given Yes, I don't think that's necessarily the point though, and GC is blameless in all of this. The point is - why did the current board remove the previous board? The accounts look ok - pros and cons per my post above - so its not for historic reasons However, using those to make some assumptions on the future, we can see there MIGHT have been issues with the budget for the coming season (again see above) and so that MIGHT have been the reason the Board intervened. Therefore the board of the selling shareholders really need to clarify this at the AGM - and I don't think they should be criticised given our history if there was a shit or bust irresponsible budget set. The difficulty they have is the budget is never published, and so, to some (eg Javeajag), they will never be believed on this anyway! Quote Link to comment Share on other sites More sharing options...
javeajag Posted September 6, 2019 Author Report Share Posted September 6, 2019 1 minute ago, Norgethistle said: What manager doesn’t spend his budget? The more better players he can have the greater chance of staying in a job When it changes and he’s not allowed to spend it as has just happened ! Quote Link to comment Share on other sites More sharing options...
Dick Dastardly Posted September 6, 2019 Report Share Posted September 6, 2019 Just now, jaf said: The point is - why did the current board remove the previous board? I think we already knew why. 1 Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted September 6, 2019 Report Share Posted September 6, 2019 9 minutes ago, javeajag said: Assumption ....you guys can’t have it both ways now the accounts are actual and pretty good and then you speculate negatively to suit your argument As I stated making a £40k profit after relegation is ok. The issue is we had substantial one of payments in that time, so you either remove these from the budget next year, replace them with other funding, or make a substantial loss Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted September 6, 2019 Report Share Posted September 6, 2019 Just now, javeajag said: When it changes and he’s not allowed to spend it as has just happened ! If he’d spent it at last years level it would most likely have put us at a loss unless other revenue streams materialize Quote Link to comment Share on other sites More sharing options...
javeajag Posted September 6, 2019 Author Report Share Posted September 6, 2019 2 minutes ago, jaf said: Yes, I don't think that's necessarily the point though, and GC is blameless in all of this. The point is - why did the current board remove the previous board? The accounts look ok - pros and cons per my post above - so its not for historic reasons However, using those to make some assumptions on the future, we can see there MIGHT have been issues with the budget for the coming season (again see above) and so that MIGHT have been the reason the Board intervened. Therefore the board of the selling shareholders really need to clarify this at the AGM - and I don't think they should be criticised given our history if there was a shit or bust irresponsible budget set. The difficulty they have is the budget is never published, and so, to some (eg Javeajag), they will never be believed on this anyway! If buts and maybes ....!, the new board took control to sell the club ...as has been stated the old board were not in favour of it it really is that simple 1 Quote Link to comment Share on other sites More sharing options...
javeajag Posted September 6, 2019 Author Report Share Posted September 6, 2019 1 minute ago, Norgethistle said: As I stated making a £40k profit after relegation is ok. The issue is we had substantial one of payments in that time, so you either remove these from the budget next year, replace them with other funding, or make a substantial loss The budget agreed by the old board was not to make a loss or go into debt Quote Link to comment Share on other sites More sharing options...
jaf Posted September 6, 2019 Report Share Posted September 6, 2019 4 minutes ago, javeajag said: If buts and maybes ....!, whats the breakdown of your £500k costs reduction again? or is it a sweeping assumption - an if , but or maybe if you like? Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted September 6, 2019 Report Share Posted September 6, 2019 3 minutes ago, javeajag said: The budget agreed by the old board was not to make a loss or go into debt Ok so without cutting the playing budget, our largest expense where does the £500 or £600k shortfall come from? The previous board putting their hands in their pockets, Colin Weir, The guys at Rocks, the bottom of the sock drawer? This is basic accounting. Quote Link to comment Share on other sites More sharing options...
javeajag Posted September 6, 2019 Author Report Share Posted September 6, 2019 1 minute ago, jaf said: whats the breakdown of your £500k costs reduction again? or is it a sweeping assumption - an if , but or maybe if you like? Reduction of playing staff by 9 and the remainder at a lower cost Quote Link to comment Share on other sites More sharing options...
javeajag Posted September 6, 2019 Author Report Share Posted September 6, 2019 Should add Archie etc costs come out and other cost reduction as well Quote Link to comment Share on other sites More sharing options...
jaf Posted September 6, 2019 Report Share Posted September 6, 2019 1 minute ago, javeajag said: Reduction of playing staff by 9 and the remainder at a lower cost But publicly stated by multiple people that playing budget the same? I know you were on Islay so might have missed it. I've been wrong before, you've been right before, so I will just shut up. Well done. Quote Link to comment Share on other sites More sharing options...
jaf Posted September 6, 2019 Report Share Posted September 6, 2019 2 minutes ago, javeajag said: Should add Archie etc costs come out and other cost reduction as well Archie was sacked in October - he will be being paid off over a year November to May is 7 months June to October is 5 months The differential is minor in the two accounting periods Quote Link to comment Share on other sites More sharing options...
Jordanhill Jag Posted September 6, 2019 Report Share Posted September 6, 2019 30 minutes ago, Dark Passenger said: What happened to the £600k loss you were messaging people about in June? Or were you expecting that to appear in next year's accounts? Really ? Quote Link to comment Share on other sites More sharing options...
Dark Passenger Posted September 6, 2019 Report Share Posted September 6, 2019 4 minutes ago, Jordanhill Jag said: Really ? Yeah, really. Quote Link to comment Share on other sites More sharing options...
Jordanhill Jag Posted September 6, 2019 Report Share Posted September 6, 2019 1 minute ago, Dark Passenger said: Yeah, really. ok Quote Link to comment Share on other sites More sharing options...
Dark Passenger Posted September 6, 2019 Report Share Posted September 6, 2019 (edited) 2 hours ago, Jordanhill Jag said: ok Received 21 June: Edited September 6, 2019 by twinny Deleted image alluding to message from Jordanhill Jag. The image doesn't demonstrate that JJ himself said anything, only hearsay. If the original sender of the message proved it, it may be different. Quote Link to comment Share on other sites More sharing options...
javeajag Posted September 6, 2019 Author Report Share Posted September 6, 2019 Let’s come at this another way income last year £3m....likely to be less next year player expenditure etc last year £1.7m... has to be less this year because income is falling therefore the player budget might be the same but what we actually spend will be lower Quote Link to comment Share on other sites More sharing options...
Norgethistle Posted September 6, 2019 Report Share Posted September 6, 2019 11 minutes ago, javeajag said: Let’s come at this another way income last year £3m....likely to be less next year player expenditure etc last year £1.7m... has to be less this year because income is falling therefore the player budget might be the same but what we actually spend will be lower Sorry Java you’ve lost me here. If the expenditure is the same the spend must be the same, maybe I’m reading it wrong from the poolside here Quote Link to comment Share on other sites More sharing options...
javeajag Posted September 6, 2019 Author Report Share Posted September 6, 2019 Just now, Norgethistle said: Sorry Java you’ve lost me here. If the expenditure is the same the spend must be the same, maybe I’m reading it wrong from the poolside here Our income this year will be less than last year going down from the £3m in this years account to maybe £2.2 to £2.5m .....? therefore our player expenditure has to fall this season as well to prob a range of £1.2 to £1.4m as a result the player budget cannot be the same because the income is not there to fund it Quote Link to comment Share on other sites More sharing options...
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