Re: April's Meeting - Minutes
46Alan g Bryant . He can ask the board and say he'd like Hayes but then it's upto the board or whoever to do the rest and especially check whether he'd signed for another club or whether he can play straight away .
If the financial position does turn out to be as you suggest, then that means the people elected to run our club have prepared a budget in the hope of securing an unlikely profitable cup run.Fourthousand wrote:I don't know all the figs. and details but just look at the top line figs. being bandied about and it is no surprise to me that we have no cash. You say we lost 350k last year - take that away (it has to be paid) from the reported 700k extra this year leaves 350k - then if this year we were running similar to last then thete goes another 350k leaving zero. There were other bits and pieces but it doesn't amount to huge teserves and we still have to deal with cashflow (the barren summer months). Why is everyone thinking differently and so my premise remains - if we are are over gearing then what are we doing to address it? What project need to go on the back burner?County#9 wrote:Out of interest Alan g Bryant is any of chesterfield debt due to the stadium/ wages they were paying when league 1 ?
We lost 350k last season and almost got relegated . This season we've made 900k plus and havnt got a pot to p*** in .
Something clearly isn't right and hasn't been for a long time but time and again we get the wool pulled over our eyes .
Best kit deal ever and we had 4 tenders but we've lost money on it and chose the worst possible one that is a million miles from us .
County#9 wrote:Alan g Bryant . He can ask the board and say he'd like Hayes but then it's upto the board or whoever to do the rest and especially check whether he'd signed for another club or whether he can play straight away .
Other than suggesting that financial stability and security should be one of the aspirations of this club, I do not have much of an idea of how we go about attaining it. Sometimes I wish I was a financial expert, but unfortunately I am not. My financial expertise runs to being the Treasurer of our local darts league.Alan G Bryant wrote:My view is that we are no different to any other league 2 team in terms of plugging the gap. There is a period every year between May and July where we have major outgoings and no incomings. Anyone who takes an interest in other football clubs will know that every Chairman bemoans the same issue and most clubs lose money each season. As an example , look at Chesterfield's debt, Accrington's debt to Andy Holt or Notts County's to Alan Hardy. The latter clubs have had significant cup runs and still their owners have had to shelve out hundreds of thousands of pounds. Incredibly Chesterfield's debt is an estimated £10m, yet In comparison we contribute just £40k (maybe less) through the rewards and benefits scheme. We have no other tangible revenue streams, unless people are stupid enough to share Redwood's assumption that we are owed hundreds of thousands of pounds for the copious amounts of beer the County faithful have consumed.
Despite the hysteria from a minority the meeting will probably say that short term we are stable, long term we are not unless investment is sought and found, but who does not honestly know that? Even if there is significant investment there are still no guarantees of success as Chesterfield will testify.
Be interesting to find out how many fans are signed up for the rewards and benefits scheme. If we have less than 500 it’s simply not viable for this club to be trust owned.rncfc wrote:Just to add a bit more substance to my comment above;
Surely the obvious main advantage of being fan owned is that you will never have to worry about not having a club to support?
If that isn’t a given under trust ownership either then give me the rollercoaster of shit and bust every day of the week.
Of course the converse argument is when do you ever praise the football club.Stan A. Einstein wrote:Developing Mike's point above there is one thing I'd add. When it comes to managing finances or anything else mistakes are inevitable. Anyone who expects perfection is being utterly unrealistic.
However if we are open to being questioned and being accountable then it is possible to learn from those errors. That is why I believe so much in transparency and frankly in my experience confidentiality is usually used as an excuse to hide embarrassment.
Ask yourselves this. When was the last time anyone involved with the administration ever admitted making a mistake? Alan G Bryant and Jimmy Exile are absolutely entitled to their points of view but when have they ever said that they didn't agree with something Newport County had done?
Very easy to simply accuse critics of being hysterical. I can't speak for anyone but myself but I would hope that any sensible person on this board would agree with me that wanting accountability is not the same as expecting perfection.
I applauded the efforts to reduce prices for the Morecambe and Crewe games. I said I thought that the idea of only allowing ratified tickets from the Crawley game was a superb idea. I completely agreed with early season ticket policy. I said that I was pleased that minutes were being made available from board meetings. I was further delighted and said so that where matters were redacted that the fact that they had been redacted was not hidden. I was very clear that I would not have fired Westley as I thought it would do no good, and I clearly stated I was wrong and the board were right. Whilst I bought shares in the Trust it was more in hope than expectation, I thought it would fail to raise the money and not only was I wrong I said so.Alan G Bryant wrote:Of course the converse argument is when do you ever praise the football club.Stan A. Einstein wrote:Developing Mike's point above there is one thing I'd add. When it comes to managing finances or anything else mistakes are inevitable. Anyone who expects perfection is being utterly unrealistic.
However if we are open to being questioned and being accountable then it is possible to learn from those errors. That is why I believe so much in transparency and frankly in my experience confidentiality is usually used as an excuse to hide embarrassment.
Ask yourselves this. When was the last time anyone involved with the administration ever admitted making a mistake? Alan G Bryant and Jimmy Exile are absolutely entitled to their points of view but when have they ever said that they didn't agree with something Newport County had done?
Very easy to simply accuse critics of being hysterical. I can't speak for anyone but myself but I would hope that any sensible person on this board would agree with me that wanting accountability is not the same as expecting perfection.
hi. Your paranoia is working overtime stan. also I disagree with loads the club do - try reading my posts.Stan A. Einstein wrote:Developing Mike's point above there is one thing I'd add. When it comes to managing finances or anything else mistakes are inevitable. Anyone who expects perfection is being utterly unrealistic.
However if we are open to being questioned and being accountable then it is possible to learn from those errors. That is why I believe so much in transparency and frankly in my experience confidentiality is usually used as an excuse to hide embarrassment.
Ask yourselves this. When was the last time anyone involved with the administration ever admitted making a mistake? Alan G Bryant and Jimmy Exile are absolutely entitled to their points of view but when have they ever said that they didn't agree with something Newport County had done?
Very easy to simply accuse critics of being hysterical. I can't speak for anyone but myself but I would hope that any sensible person on this board would agree with me that wanting accountability is not the same as expecting perfection.
Well here's your chance to make me look really stupid. Just flagging up just three of your posts where you have been critical of the club. Or two for that matter. Surely there must be one?Jimmy Exile wrote:
hi. Your paranoia is working overtime stan. also I disagree with loads the club do - try reading my posts.
Which means that one of two scenario are possible. Firstly as Bush believes, assuming I have understood him correctly, that the scheme is flawed and should be dumped, and secondly that the implementation of the scheme is flawed. By that I mean that the scheme could work if it were managed and marketed properly.Threadbare wrote:Think Bush's point is spot on.
The Rewards & Benefit scheme was announced with big fanfare but has not been cultivated in a way to be of much benefit at all.
I see that you are quick to jump in and answer Stan's point. Agenda there perhaps? I did ask you a question earlier. Could you please enlighten us as to where you feel this hysteria that you mentioned is coming from.Alan G Bryant wrote:Of course the converse argument is when do you ever praise the football club.Stan A. Einstein wrote:Developing Mike's point above there is one thing I'd add. When it comes to managing finances or anything else mistakes are inevitable. Anyone who expects perfection is being utterly unrealistic.
However if we are open to being questioned and being accountable then it is possible to learn from those errors. That is why I believe so much in transparency and frankly in my experience confidentiality is usually used as an excuse to hide embarrassment.
Ask yourselves this. When was the last time anyone involved with the administration ever admitted making a mistake? Alan G Bryant and Jimmy Exile are absolutely entitled to their points of view but when have they ever said that they didn't agree with something Newport County had done?
Very easy to simply accuse critics of being hysterical. I can't speak for anyone but myself but I would hope that any sensible person on this board would agree with me that wanting accountability is not the same as expecting perfection.
For the avoidance of doubt , I did not agree with the Hayes signing, I did not see the point when we were almost safe and he was only ever going to be a stop gap, but the reality is that any supporter of any club can highlight a mistake a board or a manger has made in any given season and use it to accentuate a point or an agenda, that's the sad part.
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