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Post by gtleighsr3 on May 8, 2022 14:25:28 GMT
I don't knock the owners for not wanting to throw even more money down the drain as they are losing very substantial sums - they are rich, but not Abramovich rich They're primarily throwing money down the drain by remaining mid table championship, as you imply (insufficient media rights & tickets sold). This is a crisis point for plenty of EFL clubs. In fact the Mittals are Abramovich rich. Unfortunately they seem content to sit on their 3% pretty much ad infinitum. They spent more money build that shit spiral staircase thing at Olympic stadium than on us |
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Post by alanwycombe on May 8, 2022 17:50:34 GMT
They're primarily throwing money down the drain by remaining mid table championship, as you imply (insufficient media rights & tickets sold). This is a crisis point for plenty of EFL clubs. In fact the Mittals are Abramovich rich. Unfortunately they seem content to sit on their 3% pretty much ad infinitum. They spent more money build that shit spiral staircase thing at Olympic stadium than on us you crack me up |
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Post by stainrodisalegend on May 8, 2022 17:55:51 GMT
3% is next to nothing. The Mittels have had over a decade to invest if they were interested in doing so - intact their stake has gone the other way to next to zero. Think we can forget about them.
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Post by Stanley75 on May 12, 2022 8:20:32 GMT
That depends Tarbs. If the lunatics are running the asylum then it’s not always a case of towing the party line. Also, comparing a football club to a typical business is too simplistic. Not withstanding that, if someone owns a business they should put the business interests first and not allow behind the scene spats to affect their judgement. Our current “business model” is to do well on the pitch whilst selling our most prized assents if necessary. I think in this instance the owners have been rash and it’s highly likely their decision has taken QPR backwards. That’s not how to run a football club, or business.12 years ago the same owners' decision to sack Warnock was also rash. So have they learnt the error of their ways in all that time? Hal and I have always said the real problems at this club are at board level. Everything else is just a perpetual band aid solution if you don't get things right there. |
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Post by Stanley75 on May 12, 2022 8:45:15 GMT
Alright, it's hard to argue with comments about there being issues further up the food chain. I actually largely agree with that opinion. Doesn't mean we should turn a blind eye to obvious and continued failings in the dug out. If you don't get things right "further up the food chain" you will never get things right "in the dug out". Surprises me how many on here aren't able to recognise there has been something pretty serious amiss these last few months. Anyone who read the latest Dave Mac exposé will be under zero illusions about that mate. |
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Post by stainrodisalegend on May 12, 2022 11:16:23 GMT
Clearly there have been serious issues you are right - but it does seem as if Warbs has carried the can for all of them, including the fact that our U18s and U23s are bottom of their respective leagues and not producing the quality academy products we need to get an assembly line going, which is clearly the strategy. Les tho is like Teflon - nothing sticks.
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Post by Bill on May 12, 2022 15:56:21 GMT
To be honest I am becoming more and more disillusioned with the dickheads that supposedly run the club I have loved for most of my life.
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Post by Hitman34 on May 12, 2022 16:16:37 GMT
To be honest I am becoming more and more disillusioned with the dickheads that supposedly run the club I have loved for most of my life. Its a shitshow Bill. How in the hell did these clowns pass the "fit and proper test" to become owners, i will never know. |
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Post by Tarbie on May 12, 2022 16:22:26 GMT
The Fit and Proper Test is more about ensuring owners aren't crooked than whether or not they are in possession of the required skills and experience to be a success. Mind you, that clearly isn't proving particularly effective either when you look at some of the shady characters and regimes with an interest in English football these days.
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Post by alanwycombe on May 12, 2022 16:36:30 GMT
To be honest I am becoming more and more disillusioned with the dickheads that supposedly run the club I have loved for most of my life. Its a shitshow Bill. How in the hell did these clowns pass the "fit and proper test" to become owners, i will never know. Thryre not dishonest Hits - not quite sure why they are prepared to keep losing money tho, just glad they are! |
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Post by The General on May 12, 2022 16:57:25 GMT
To be honest I am becoming more and more disillusioned with the dickheads that supposedly run the club I have loved for most of my life. This |
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Post by Hitman34 on May 12, 2022 17:06:00 GMT
Its a shitshow Bill. How in the hell did these clowns pass the "fit and proper test" to become owners, i will never know. Thryre not dishonest Hits - not quite sure why they are prepared to keep losing money tho, just glad they are! In a Word, Land. |
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Post by gtleighsr3 on May 12, 2022 17:21:11 GMT
Thryre not dishonest Hits - not quite sure why they are prepared to keep losing money tho, just glad they are! In a Word, Land. They probably build a great development,and then have to rip it down as no planning |
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Post by Bill on May 12, 2022 18:46:32 GMT
I think they are liars and do not have the long term future of the club on their hearts in any way whatsoever.
New training ground so what,can easily be sold on to developers as could Loftus Rd.
Land and money is all their interested in and I will not set foot in Loftus Rd until they have gone.
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Post by Bill on May 12, 2022 18:48:48 GMT
They are not fit to run our club and the sooner they go the better.
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Post by Hitman34 on May 12, 2022 18:55:23 GMT
I think they are liars and do not have the long term future of the club on their hearts in any way whatsoever. New training ground so what,can easily be sold on to developers as could Loftus Rd. Land and money is all their interested in and I will not set foot in Loftus Rd until they have gone. The new training ground is funded by supporters through a bond scheme, is it not? They also want any stadium paid to be built by the council along with aquiring the land at ooc for free. Did phony and ganggoolie get awarded land and planning permission to build over 100 flats and offices in ooc over a year ago? |
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Post by Bill on May 12, 2022 19:02:16 GMT
I think they are liars and do not have the long term future of the club on their hearts in any way whatsoever. New training ground so what,can easily be sold on to developers as could Loftus Rd. Land and money is all their interested in and I will not set foot in Loftus Rd until they have gone. The new training ground is funded by supporters through a bond scheme, is it not? They also want any stadium paid to be built by the council along with aquiring the land at ooc for free. Did phony and ganggoolie get awarded land and planning permission to build over 100 flats and offices in ooc over a year ago? Not sure about any of this. Charlie Austin 2 year contract announced lies. Anything to appease the fans just bullshit and lies. I don't trust them. |
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Post by Hitman34 on May 12, 2022 19:11:41 GMT
Someone has to say it so it may as well be fucking me.
I’m with you bill, I truly am.
Those cunts are not to be trusted.
They are being given land and planning permissions for free, awarded contracts to build homes and offices on ooc.
They even felt entitled to claim cargiants land and propose a stadium to be built on it.
How have they managed to get all these perks for free? Well, to keep in favour with media and the council, they have turned our club into a vertue signalling whore.
Games for glenfell, bring your spare soups and beans, changing the name of the stadium to a victim of knife crime, rainbow farking corner flags ( sorry corbs)
They are not doing all this out of the goodness of their own hearts.
As phony stated when he bought us.
He will use us as an advertising vehicle.
He is doing just that to get his land
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Post by Hitman34 on May 12, 2022 19:12:25 GMT
There, I said it.
Now get ya facking pitch forks.
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Post by gtleighsr3 on May 12, 2022 20:26:54 GMT
The peasants revolting
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Post by hal9thou on May 12, 2022 20:27:11 GMT
There's no doubt that the value of Holdings is vested in land / property assets.
What I hope is that the prospect of ongoing monthly losses as EFL also rans has encouraged a rethink. Simply treading water at best, while hoping that a buyer turns up, is a risky business plan.
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Post by 1973ranger on May 12, 2022 20:34:17 GMT
6 grand off the fans for the Stanley Bowles Stand as well. Gone are the day of buying the fans a beer in the boozer with the scarf.
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Post by 1973ranger on May 12, 2022 20:39:27 GMT
Clearly there have been serious issues you are right - but it does seem as if Warbs has carried the can for all of them, including the fact that our U18s and U23s are bottom of their respective leagues and not producing the quality academy products we need to get an assembly line going, which is clearly the strategy. Les tho is like Teflon - nothing sticks. The question is why is Les like that? Done fuck all in the transfer market and failed with 5 managers so at what point is he judged to be doing a good job. |
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Post by acricketer on May 12, 2022 21:08:23 GMT
A fish rots from the head down.
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Post by stainrodisalegend on May 13, 2022 14:59:55 GMT
Thryre not dishonest Hits - not quite sure why they are prepared to keep losing money tho, just glad they are! In a Word, Land. think there are easier land deals - and the new stadium is fantasy land. Don't think the owners have any serious intention of building a new stadium as they can't afford it, and indeed the CEO has said the plan is now to improve Loftus Rd. The only way a new stadium could possibly be doable is if we move further out but the owners don't seem willing to do that as it would take us out of our historic borough (suggesting they are not so cynical, just clueless). |
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Post by stainrodisalegend on May 13, 2022 15:01:23 GMT
I think they are liars and do not have the long term future of the club on their hearts in any way whatsoever. New training ground so what,can easily be sold on to developers as could Loftus Rd. Land and money is all their interested in and I will not set foot in Loftus Rd until they have gone. The new training ground is funded by supporters through a bond scheme, is it not? They also want any stadium paid to be built by the council along with aquiring the land at ooc for free. Did phony and ganggoolie get awarded land and planning permission to build over 100 flats and offices in ooc over a year ago? Think the supporters contribution was chicken feed |
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Post by stainrodisalegend on May 13, 2022 15:02:45 GMT
There's no doubt that the value of Holdings is vested in land / property assets. What I hope is that the prospect of ongoing monthly losses as EFL also rans has encouraged a rethink. Simply treading water at best, while hoping that a buyer turns up, is a risky business plan. Less risky thank risking a FFP fine and throwing fortunes at it like so many other clubs and still not getting promoted. |
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Post by stainrodisalegend on May 13, 2022 15:08:24 GMT
Clearly there have been serious issues you are right - but it does seem as if Warbs has carried the can for all of them, including the fact that our U18s and U23s are bottom of their respective leagues and not producing the quality academy products we need to get an assembly line going, which is clearly the strategy. Les tho is like Teflon - nothing sticks. The question is why is Les like that? Done fuck all in the transfer market and failed with 5 managers so at what point is he judged to be doing a good job. That to me is the question. He has more to answer for than Warbs IMHO. |
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Post by hal9thou on May 13, 2022 19:59:04 GMT
There's no doubt that the value of Holdings is vested in land / property assets. What I hope is that the prospect of ongoing monthly losses as EFL also rans has encouraged a rethink. Simply treading water at best, while hoping that a buyer turns up, is a risky business plan. Less risky thank risking a FFP fine and throwing fortunes at it like so many other clubs and still not getting promoted. I can see my work here is not done.... Firstly, no one is suggesting the lottery winner in Harrods approach of the bad old days. What is being suggested is more effective recruitment (eg January). Secondly, I quoted on here the current FFP sanctions regulations. It's a sliding scale. So you infringe by 50k ( say) you are not automatically stripped of your entire assets & human rights. If, like Derby, you repeatedly rodger the fuck out of the regs, then yes, you find yourself on the receiving end. But no one is suggesting we do that. Years ago, back on WATRB, I suggested that the board were simply being reactive, swinging from one an extreme to another. That's exactly what's happened, but that is not how you run a business. You have to speculate judiciously. We just haven't done that on the playing side. What I think has happened is that in the absence of a football brain in the boardroom, they've delegated. Problem is, you don't choose for your DoF someone with zero experience in that role and then stick with him while he consistently underperforms. |
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Post by stainrodisalegend on May 14, 2022 9:47:49 GMT
Less risky thank risking a FFP fine and throwing fortunes at it like so many other clubs and still not getting promoted. I can see my work here is not done.... Firstly, no one is suggesting the lottery winner in Harrods approach of the bad old days. What is being suggested is more effective recruitment (eg January). Secondly, I quoted on here the current FFP sanctions regulations. It's a sliding scale. So you infringe by 50k ( say) you are not automatically stripped of your entire assets & human rights. If, like Derby, you repeatedly rodger the fuck out of the regs, then yes, you find yourself on the receiving end. But no one is suggesting we do that. Years ago, back on WATRB, I suggested that the board were simply being reactive, swinging from one an extreme to another. That's exactly what's happened, but that is not how you run a business. You have to speculate judiciously. We just haven't done that on the playing side. What I think has happened is that in the absence of a football brain in the boardroom, they've delegated. Problem is, you don't choose for your DoF someone with zero experience in that role and then stick with him while he consistently underperforms. 100% agree with you on delegating to DoF. His role is basically a human shield: "Lets get in a club legend and when the fans complain he will tell them it is all milk and honey and nothing to worry about." As you say we need someone in that role who knows what they are doing and as I have previously posted on here, Ferdinand's role should have been the one questioned before Warbs's IMHO. Re spending tho, a few points: Do you think the EFL would be as understanding for a second offence? Don't you think eg Bristol City thought they were being "judicious" when they hired a manager who had largely built the team that won the Premiership (Leicester) and spent £5m on a proven Championship striker in Naki Wells? Or WBA when they spent 6m on Dilke who was going to fire them back into the Premier League then promptly got injured? Nothing apparently "Harrods" about any of that, but how did it work out? For a club our size that had gone through 18 months of basically no income due to covid, we had already gone for it in the summer - there was no money left in Jan. In my company whenever the head of marketing says you have to "speculate to accumulate", what he means is he wants a shed load of cash to chuck at some new marketing channel without any guarantees or even clue on RoI. Nobody thinks they are spending crazily until its too late. The board are already losing a million quid a month (the Mittels share is 3% so irrelevant, Uncle must be close to going under given his personal fortune was reportedly 400m before he spunked half of that on QPR, he suffered two airplane disasters and the arse fell out of the aviation industry during covid. We are left with the bloke with the very long name whose dad is worth a couple of billion, but we know little about him and his interest in the project. The financial model for the Championship is basically broken - the rewards are huge, but (the point fans often overlook) the penalties for failure even bigger. Personally I think we need to wait and see over the next few years how this all shakes down. Will lots of clubs follow Derby and be punished? Will the rules be changed? And meanwhile can we get on board a much bigger investor who might have the money to eg build a new stadium and take us to the next level as think that is way beyond the budget of the current owners who have clearly abandoned that idea. |
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