by exilegull » Yesterday, 11:23
Taelee73 wrote: Yesterday, 07:37
We’ve just been told that we are now debt free, which is amazing and I am very thankful to the owners, but doesn’t this now mean we have money to spend elsewhere?
Don't forget last season the club had two fairly substantial injections of cash last year from the new owners and then from TUST which will not repeat next year - they went a sizeable way to reducing debts and helping with some of the investment that needed.
I'd agree that comparing prices to league clubs is not so useful - as has been highlighted, league clubs have other sources of revenue, especially sponsorship and money from the Football League that get's distributed - we rely substantially more on gate receipts, although this is clearly something the club are working on to increase other revenue sources.
To some extent I agree with Dave - are we paying simply paying customers, no different to our relationship with Tesco, or is it more than that, we are part of the club all invested in it's success. The new owners and a number of people around them have put both money and I think more importantly a huge amount of time into saving the club, stabilizing it and starting to move it forward, no one is making any money out of the club, everything is going into it's regeneration, therefore I struggle to begrudge a few quid extra to be part of that rebuilding, although acknowledging for some people the additional money is tough to find. Overall the proof will be in the pudding though - does this raise extra cash of discourage attendance?
[quote=Taelee73 post_id=292521 time=1747467459 user_id=23713]
We’ve just been told that we are now debt free, which is amazing and I am very thankful to the owners, but doesn’t this now mean we have money to spend elsewhere?
[/quote]
Don't forget last season the club had two fairly substantial injections of cash last year from the new owners and then from TUST which will not repeat next year - they went a sizeable way to reducing debts and helping with some of the investment that needed.
I'd agree that comparing prices to league clubs is not so useful - as has been highlighted, league clubs have other sources of revenue, especially sponsorship and money from the Football League that get's distributed - we rely substantially more on gate receipts, although this is clearly something the club are working on to increase other revenue sources.
To some extent I agree with Dave - are we paying simply paying customers, no different to our relationship with Tesco, or is it more than that, we are part of the club all invested in it's success. The new owners and a number of people around them have put both money and I think more importantly a huge amount of time into saving the club, stabilizing it and starting to move it forward, no one is making any money out of the club, everything is going into it's regeneration, therefore I struggle to begrudge a few quid extra to be part of that rebuilding, although acknowledging for some people the additional money is tough to find. Overall the proof will be in the pudding though - does this raise extra cash of discourage attendance?