by happytorq » 27 May 2025, 14:23
culmstockgull wrote: 27 May 2025, 08:49
Can we ever be truly sustainable and get the success we all wish, I think that is a tall order, even with larger crowds, selling extra beer and a few more pies and increasing season ticket prices or having twenty different coloured shirts in the club shop will never leverage the additional finance that is required, if as suggested borehamwood had double our budget that gained them promotion and argueably requiring the doubling of that figure again to get promotion to the league no increased crowds or pie sales will meet that shortfall. I like the way the club is going but we seem to increase the back office quicker than we acquire players, we now have a part time CEO and a managing director all costing good money which detracts from wotton's budget.
It's an excellent and valid question. at its heart must surely a be a definition of what 'sustainable' actually means. Clearly we can't afford to be in the position whereby we're losing a million plus quid a year. But I think with the increased commercial revenues, bigger crowd etc, it's feasible for us to get to a point where our annual losses are X amount. Whatever X is, could eventually be covered by a membership fund similar to what Exeter do. Without knowing figures around playing budget, etc, it's hard to say, but I've said for some time that I could see a trust membership bringing in 250k a year (back of the envelope maths of ten quid a month, and a thousand members). Obviously we're not there yet, but in my mind that makes sense as a long term goal.
I'm not aware of how much the part-time CEO and managing director are taking - if anything - so those are good questions to ask. A really good front office team should bring in more than they cost, of course, but as the club is partially fan owned we have a right to know, I feel.
[quote=culmstockgull post_id=292620 time=1748335779 user_id=24376]
Can we ever be truly sustainable and get the success we all wish, I think that is a tall order, even with larger crowds, selling extra beer and a few more pies and increasing season ticket prices or having twenty different coloured shirts in the club shop will never leverage the additional finance that is required, if as suggested borehamwood had double our budget that gained them promotion and argueably requiring the doubling of that figure again to get promotion to the league no increased crowds or pie sales will meet that shortfall. I like the way the club is going but we seem to increase the back office quicker than we acquire players, we now have a part time CEO and a managing director all costing good money which detracts from wotton's budget.
[/quote]
It's an excellent and valid question. at its heart must surely a be a definition of what 'sustainable' actually means. Clearly we can't afford to be in the position whereby we're losing a million plus quid a year. But I think with the increased commercial revenues, bigger crowd etc, it's feasible for us to get to a point where our annual losses are X amount. Whatever X is, could eventually be covered by a membership fund similar to what Exeter do. Without knowing figures around playing budget, etc, it's hard to say, but I've said for some time that I could see a trust membership bringing in 250k a year (back of the envelope maths of ten quid a month, and a thousand members). Obviously we're not there yet, but in my mind that makes sense as a long term goal.
I'm not aware of how much the part-time CEO and managing director are taking - if anything - so those are good questions to ask. A really good front office team should bring in more than they cost, of course, but as the club is partially fan owned we have a right to know, I feel.