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Playing Budget

Discussion in 'City Talk' started by Dratsab taf, Sep 27, 2021.

  1. Mike Hunt

    Mike Hunt Impact Sub

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    Sparks will never give a straight answer I’d imagine but I’d like to see the management fees and interest paid to the German holding company under transactions with related parties
     
  2. Parader

    Parader Impact Sub

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    For whatever reason no-one was interested in doing at City before Rhodes and no-one has been after. We had a few good years because someone (GR) saw the potential and made it work, but then (along with the Rhodes' at the time) milked it for every last drop.

    That's the reality at Bradford City, there's nothing out there to suggest it will ever change.
     
  3. Dennis

    Dennis Captain
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    Indeed and that's the real reason imo why full accounts aren't published by the club. Instead the club published some high level extracts from the full accounts of the club but nothing at all relating to the UK holding company and nothing involving any 'related party' transactions with the club. No details of any big ticket items such as loans with Rupp were provided despite what some believe.

    In the recent past, I've looked at the accounts of the German holding company. In the two years after R&R took over, the German holding company had unexplained income of around 300k euros each year. The only source of that income could have been City which had full accounts been published would have been Related Party transactions. It was probably some kind of management fee paid to Rupp's company. There was a rumour circulating at the time that he was receiving a 25k (pounds or euros) monthly management fee. I haven't bothered looking since then.
     
    Fordy117 and Mike Hunt like this.
  4. TallinnBantam

    TallinnBantam Regular Starter
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    Which begs the question again - where did Sparks think the money for a promotion push was coming from? In times gone by, from my understanding, the board and manager take a look at the league at the beginning of the season, and identify if its a weak league or not. If it is, and they feel we've got a real chance of going up this year, they identify the players we need to make that happen, and allocate the budget accordingly. In otherwords, make a real push for it to happen. Did that conversation happen with our board and the manager. Certainly we've been told that DA was involved in indentifying targets, even before he joined the club. So I presume some sort of action plan was in place and agreed. And Ryan went public saying that this is going to be our season. So what went wrong? Now we've scraped the barrel during the last window, been told there's no money to sign out of contract players, and biting non leagues hands off when they come in with an offer, leaving our squad dangerously thin on the ground. And all this without "going big" in the summer. I'm struggling to understand that if this season was indeed going to be "our season", how we were going to achieve it when there obviously wasn't any money available.
     
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  5. Parader

    Parader Impact Sub

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    I think Sparks is naive. I get the impression that because Adams succeeded with Morecambe on a limited budget that Sparks saw him as pretty much a sure thing and went overboard.

    What he's got to realise is that will have consequences further down the line if the success doesn't follow.
     
  6. Dennis

    Dennis Captain
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    I don't know whether Sparks is naive or not. He is certainly inexperienced in football. Of more concern however is that he is currently playing a dangerous game. If we don't achieve promotion having increased ST prices in conjunction with the promotion dream, the season will be judged a failure by many fans. Some of the responsibility for the failure will attach itself to his own shoulders. That won't be forgotten by the fans.
     
  7. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
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    Why would you are Rupp’s spend money when you have Rhodes accountant style operation? You wouldn’t. Should he? Yes for sure.
     
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  8. Mike Hunt

    Mike Hunt Impact Sub

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    If there is a failure to gain promotion this season, Sparks has no chance of talking about promotion to sell season tickets or sponsorship and that will only hurt the club and by extension us poor bastards who were unlucky enough to be made Bradford City fans.
     
    Manningham bantam and Dennis like this.
  9. NorthernMonkey

    NorthernMonkey Squad Player
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    If Sparks told me it was raining I'd check to see if the ground was wet.
     
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  10. Ulysses S Grant

    Ulysses S Grant Squad Player
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    And out of the black and into the red. Topical eh.
     
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  11. Ulysses S Grant

    Ulysses S Grant Squad Player
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    Where is that guy from clipper logistics when you need him ?
     
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  12. King Cole

    King Cole Impact Sub

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    There was no need for him to exaggerate our performance expectations for this season. We would all have accepted that, with a new manager coming in, there was a need to assess, consolidate and start rebuilding the squad.

    It was irresponsible and, to be fair to Adams, unfairly brought immediate pressure to bear for a quick fix. Given the squad he was inheriting, he didn't have the required quality of players to match the CEO's aspirations.
     
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  13. Dennis

    Dennis Captain
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    Sparks was irresponsible imo and in being so, he has made a rod for his own back.

    Yes, having raised the price of STs (something I agreed with) he then tried to justify it by implying it was the price of City gaining promotion this season. As you say, he could have played the new manager/squad rebuilding cards and most would have understood that. Instead, he adopted a different stance - promotion - and that is something he cannot control. And as we now know, with a reduced budget, he has made the delivery of promotion more difficult for himself and the manager.
     
  14. Storck

    Storck Regular Starter

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    That image has the operating loss as a negative. Surely a negative loss is a profit?
     
  15. Storck

    Storck Regular Starter

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    The ifollow income wasn't a massive sum of money. Less that income from away fans and POTG home fans
     
  16. NorthernMonkey

    NorthernMonkey Squad Player
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    POTG fans last season would have been very, very minimal. The football was absolutely dire for the majority and not many are paying £25 to watch that. In fact, I'd say many more might have been inclined to put ifollow and at least bet the club a percentage of that money.
     
  17. trevor

    trevor Squad Player
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    Lets face it, We see 12,000+ season ticket supporters, while Rupp sees 12,000+ Mugs
     
    #217 trevor, Oct 1, 2021
    Last edited: Oct 1, 2021
  18. Storck

    Storck Regular Starter

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    And away fans
     
  19. Lard Arse

    Lard Arse Impact Sub
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    Don't think so Stork, @Dennis@Dennis would be in a better position than I to confirm
     
  20. Storck

    Storck Regular Starter

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    I don't think it does mean that but brackets usually means a negative figure. So technically a negative loss is a profit
     

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