Exiled_Rover Posted May 21, 2024 Posted May 21, 2024 Just now, tomphil said: They obviously know the massive gamble and don't give a shit the Barnsley model is the one on their minds now. One this will all be over. It's not even a gamble at this point, it's suicide. 1 Quote
This thread is brought to you by theterracestore.com Enter code `BRFCS` at checkout for an exclusive discount!
Forever Blue Posted May 21, 2024 Posted May 21, 2024 2 hours ago, phili said: Gregg was removed as a cost cutting exercise. Budgets have apparently been reduced by 25% across the board for the coming season. I would expect several other backroom coaches, data analysts, recruitment etc to be announced as leaving soon. Another 25% across the board on top of the 15% last season? Seems an odd move if the issues regarding funding have been resolved (as stated in the joint statement between WATR and the club), also considering the new TV deal, the Raya money, the Wharton money etc I guess we’ll find out soon enough…. 2 Quote
tomphil Posted May 21, 2024 Posted May 21, 2024 8 minutes ago, Exiled_Rover said: It's not even a gamble at this point, it's suicide. Well we've always said death by a thousand cuts with this lot so we must be nearing the 1k mark by now. 1 Quote
Exiled_Rover Posted May 21, 2024 Posted May 21, 2024 12 minutes ago, Forever Blue said: Another 25% across the board on top of the 15% last season? Seems an odd move if the issues regarding funding have been resolved (as stated in the joint statement between WATR and the club), also considering the new TV deal, the Raya money, the Wharton money etc I guess we’ll find out soon enough…. Tells me they don't expect to be able to put any money into the club so we're cutting our cloth accordingly - trying to limp along on the Wharton / Raya / Szmodics money for as long as possible. 4 Quote
Blue blood Posted May 21, 2024 Posted May 21, 2024 If the losses/"investment needed" are near £20 million again then there's surely some financial con on top of whatever other naferous lengthy plot they have going. Inconceivable with the amounts generated, the vastly reduced playing budget and lower operating costs that we can be anywhere near that. 2 Quote
Forever Blue Posted May 21, 2024 Posted May 21, 2024 6 minutes ago, Exiled_Rover said: Tells me they don't expect to be able to put any money into the club so we're cutting our cloth accordingly - trying to limp along on the Wharton / Raya / Szmodics money for as long as possible. Which contradicts the statement released by WATR and the club. 2 Quote
Exiled_Rover Posted May 21, 2024 Posted May 21, 2024 1 hour ago, Torgeir said: Think he's the perfect type for Eustace, but who's he gonna replace in our team? Will play 4-3-3 I imagine with Travis, Tronstad (although I bet he's desperately looking for the exits) and JRC in midfield. Quote
MarkBRFC Posted May 21, 2024 Posted May 21, 2024 1 minute ago, Exiled_Rover said: Will play 4-3-3 I imagine with Travis, Tronstad (although I bet he's desperately looking for the exits) and JRC in midfield. Yeah I have a feeling this is what we'll do next season, Trav and Tronstad sitting with JRC given licence to get forward. 1 Quote
JustARover Posted May 21, 2024 Posted May 21, 2024 2 minutes ago, Exiled_Rover said: Will play 4-3-3 I imagine with Travis, Tronstad (although I bet he's desperately looking for the exits) and JRC in midfield. So we all know he favoured 5-2-3 to get us points on the table And if I'm being honest I don't know much about JE but apparently his favoured formation is 4-2-3-1 Which would sit Travis or JRC alongside Tronstad The 4 attacking positions are there for the taking for new signings or we could push JRC further forward and have Travis alongside Tronstad like previously stated then we still need a Gk, cb and fb cover I think 1 pacey winger then strengthening us through the middle and making us 1 of the most frustrating teams in the league could be what he ends up doing 1 Quote
London blue Posted May 21, 2024 Posted May 21, 2024 1 hour ago, chaddyrovers said: Alan Nixon. Been right on the last 3 stories. I appreciate that the void left by the lack of communication by the club means people are scrabbling for information, but "Alan nixon said so" is laughable. 3 Quote
Dreams of 1995 Posted May 21, 2024 Posted May 21, 2024 How can the budget require a further 25% cut? It doesn't make any sense. Everything else is going up except what we spend. There is something really amiss at Rovers. Quote
Forever Blue Posted May 21, 2024 Posted May 21, 2024 3 minutes ago, Dreams of 1995 said: How can the budget require a further 25% cut? It doesn't make any sense. Everything else is going up except what we spend. There is something really amiss at Rovers. In the void that is communication from the club all sorts of stuff is going to be suggested this summer. What I liked about GB was at least he treated supporters with enough respect as to let us know what was going on occasionally. 3 Quote
Exiled_Rover Posted May 21, 2024 Posted May 21, 2024 3 minutes ago, Dreams of 1995 said: How can the budget require a further 25% cut? It doesn't make any sense. Everything else is going up except what we spend. There is something really amiss at Rovers. Because there is simply no money coming into the club. The money from season tickets sales (suppressed because the tickets are overpriced and the club do very little to engage fans) and the tv deal is finite, merch sales will be hilariously low and we're running out of quality players to sell. We're very much bleeding out financially, even with this atrocious playing squad. It's only a matter of time now with these guys in charge. Quote
phili Posted May 21, 2024 Posted May 21, 2024 23 minutes ago, Forever Blue said: Which contradicts the statement released by WATR and the club. The club normally requires around £20m of funding a year. Venky's can go to the courts and ask to pop funds into the club. The courts will say yes so long as they match the funding to the Indian Tax authorities pending the outcome of the case. So if they have £20m the can spend, £10m can go to Rovers and £10m has to go to the Indian authorities. Following the outcome of the case,they will either receive the £10m back or it will be confiscated by the authorities. Now for Us, that means our funding is £10m down on what we need so cost cutting is required. Last year they got through with sale of Wharton, other players and the loan on the training ground. The loan on the training ground needs to be paid back shortly, which will be the Raya and Wharton funds. 1 Quote
Mars Rover Posted May 21, 2024 Posted May 21, 2024 3 hours ago, phili said: Gregg was removed as a cost cutting exercise. Budgets have apparently been reduced by 25% across the board for the coming season. I would expect several other backroom coaches, data analysts, recruitment etc to be announced as leaving soon. If that's true, it's less of a leg to stand on for those hand-wringing about job losses due to Admin. At this rate, admin might be the only way to save some jobs... Quote
Moderation Lead K-Hod Posted May 21, 2024 Moderation Lead Posted May 21, 2024 16 minutes ago, Dreams of 1995 said: How can the budget require a further 25% cut? It doesn't make any sense. Everything else is going up except what we spend. There is something really amiss at Rovers. They definitely don’t want to achieve anything like promotion, that’s for sure! Comes back to wondering what the point of it all is. 1 Quote
JHRover Posted May 21, 2024 Posted May 21, 2024 Revenue has just gone up £3 million overnight thanks to the new TV deal. Budgets allegedly being reduced. All a choice of the owners, not FFP. Quote
Forever Blue Posted May 21, 2024 Posted May 21, 2024 1 minute ago, phili said: The club normally requires around £20m of funding a year. Venky's can go to the courts and ask to pop funds into the club. The courts will say yes so long as they match the funding to the Indian Tax authorities pending the outcome of the case. So if they have £20m the can spend, £10m can go to Rovers and £10m has to go to the Indian authorities. Following the outcome of the case,they will either receive the £10m back or it will be confiscated by the authorities. Now for Us, that means our funding is £10m down on what we need so cost cutting is required. Last year they got through with sale of Wharton, other players and the loan on the training ground. The loan on the training ground needs to be paid back shortly, which will be the Raya and Wharton funds. Or they put £20m into the club as per normal, and then deposit the same amount with the Indian authorities as a bond. 1 Quote
phili Posted May 21, 2024 Posted May 21, 2024 1 minute ago, Forever Blue said: Or they put £20m into the club as per normal, and then deposit the same amount with the Indian authorities as a bond. I don't think they have a spare £20m sitting around they want to lose. They could but all indications are they won't. Quote
London blue Posted May 21, 2024 Posted May 21, 2024 1 minute ago, K-Hod said: They definitely don’t want to achieve anything like promotion, that’s for sure! Comes back to wondering what the point of it all is. Quite. Plenty of fans experience the "what the fuck am I doing here?" while standing freezing their arse off in some Midlands away end, watching their team get tonked by a perennial championship also ran, but the question takes on a deeper meaning when it comes to Rovers. Surely by now the only reasonable explanation is a thought experiment: how long can a long standing football club survive with close to zero funding. Quote
Forever Blue Posted May 21, 2024 Posted May 21, 2024 1 minute ago, phili said: I don't think they have a spare £20m sitting around they want to lose. They could but all indications are they won't. They’re Billionaires. £20m is a drop in the ocean. I just don’t think it’s clear yet what will happen this summer. There have been no indications of anything yet. if it’s as bad as you suggest then hopefully the protests that were starting to build back up before Waggott pulled his player/fan stunt will re-ignite. As a fan base we’ve been passive for far too long. 1 Quote
chaddyrovers Posted May 21, 2024 Posted May 21, 2024 32 minutes ago, London blue said: I appreciate that the void left by the lack of communication by the club means people are scrabbling for information, but "Alan nixon said so" is laughable. Last 3 stories are correct. No one knew Baker was coming in. He did 15 minutes ago, phili said: The club normally requires around £20m of funding a year. Venky's can go to the courts and ask to pop funds into the club. The courts will say yes so long as they match the funding to the Indian Tax authorities pending the outcome of the case. So if they have £20m the can spend, £10m can go to Rovers and £10m has to go to the Indian authorities. Following the outcome of the case,they will either receive the £10m back or it will be confiscated by the authorities. Now for Us, that means our funding is £10m down on what we need so cost cutting is required. Last year they got through with sale of Wharton, other players and the loan on the training ground. The loan on the training ground needs to be paid back shortly, which will be the Raya and Wharton funds. What loan on the training ground? They bought the training ground through a different company. Quote
BankEnd Rover Posted May 21, 2024 Posted May 21, 2024 Wow this is for a dressing reading - close the thread. Quote
London blue Posted May 21, 2024 Posted May 21, 2024 1 minute ago, chaddyrovers said: Last 3 stories are correct. No one knew Baker was coming in. He did He's also been wrong many, many times. Yeah, he's obviously decently connected but taking what a journo says as gospel is going to leave you disappointed. Quote
lraC Posted May 21, 2024 Posted May 21, 2024 1 hour ago, Forever Blue said: Another 25% across the board on top of the 15% last season? Seems an odd move if the issues regarding funding have been resolved (as stated in the joint statement between WATR and the club), also considering the new TV deal, the Raya money, the Wharton money etc I guess we’ll find out soon enough…. It is a very easy thing to do, throw out statements like they have during the WATR meeting, saying the can fund us now, so long as they put the equivalent amount in a bond and then (assuming this 25% cut is true) put out another announcing cut backs. Our fate will be decided by an Indian court and as we already know, they have to go down this route, due to being caught making illegal payments. 1 Quote
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.