Quantcast
  1. Welcome to Bantam Talk

    Why not register for an account?

    Not only can you then get fully involved in the community but you also get fewer ads

  2. Premium Membership now Available


    Please see this thread for more details

    Dismiss Notice

BBC Radio Leeds Fans 'Forum' 7th Feb 6-7pm

Discussion in 'City Talk' started by Stafford Bantam, Feb 2, 2024.

  1. bantamdave41

    bantamdave41 Regular Starter
    P.L.22/23 Entrant P.L.23/24 Entrant Euro 2020

    Joined:
    Apr 9, 2018
    Messages:
    7,106
    Likes Received:
    10,318
    Maybe SP is also part of the problem.
     
    Inspector likes this.
  2. borderlescott

    borderlescott Squad Player

    Joined:
    Nov 7, 2018
    Messages:
    4,975
    Likes Received:
    8,512
    Prob not, no!
     
    Storck likes this.
  3. Kevin1954

    Kevin1954 Squad Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter

    Joined:
    Apr 9, 2018
    Messages:
    17,362
    Likes Received:
    14,850
    No it’s common sense in one respect. Would you enjoy it if your personal finances were bankrupted and you were forced to sell your house furniture and car? For balance of course;)

    The owner calls the tune , the CEO has to play the banjo. No matter what CeO was brought in, football experience or not, the owner STILL calls the tune and the experienced “ footballing knowledge” CEO still has to play the banjo. I can understand why, it’s lazy thinking , but you are targeting the wrong problem!

    The issue is down to Rupp , if he refuses to invest in further progress , we are absolutely at his bidding unless we strike it lucky on the green stuff.

    Please don’t fall into the trap thinking I’m defending any CeO, I’m not. That’s how football works in 2024. You only have to look at the winter transfer deals….or lack of!
     
    Salty and Bronco like this.
  4. Onside

    Onside Squad Player
    P.L.23/24 Entrant Supporter

    Joined:
    Apr 8, 2018
    Messages:
    9,268
    Likes Received:
    15,619
    If you fail to invest in your business then you probably will not grow or expand. However, although football is run on a business model it is unique. If you fail to invest or plan for the future you will be left behind and the majority of the all conquering owners know this. Sitting around waiting for a buyer to zoom in and reward you for your own inept business thinking is for the birds. In football you go backwards.
     
    Inspector, Bronco, Kevin1954 and 7 others like this.
  5. JonButterfield

    JonButterfield Star Player
    Qatar 2022 Entrant P.L.22/23 Entrant P.L.23/24 Entrant

    Joined:
    Apr 9, 2018
    Messages:
    14,681
    Likes Received:
    24,725
    There are two major options to drive this club forward.

    1) Convince Rupp to sell up to someone who is interested

    or

    2) Convince Rupp to appoint a CEO/DOF that can run the club by either replacing Sparks or completely taking over the football side of the business and answering only to Rupp.

    Sparks isn't good enough as a CEO. Rupp isn't good enough as an owner if he's happy to leave a man in place who isn't good enough.

    That's the basics here. Investment? Whatever, it's a bonus, but we have more than enough financial firepower to compete well above the levels we have done under Sparks, who isn't capable of making sound footballing decisions.
     
  6. Kevin1954

    Kevin1954 Squad Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter

    Joined:
    Apr 9, 2018
    Messages:
    17,362
    Likes Received:
    14,850
    Opinions will always be divided when success on the grass is absent for sure.
     
    Inspector and Bronco like this.
  7. Kevin1954

    Kevin1954 Squad Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter

    Joined:
    Apr 9, 2018
    Messages:
    17,362
    Likes Received:
    14,850
    Both statements you make are correct. A business model based on constant success , without financial backing , is doomed to fail. That is a fact in European football in 2024.
     
    vladimir and Onside like this.
  8. Dennis

    Dennis Captain
    Moderator Supporter

    Joined:
    Apr 8, 2018
    Messages:
    5,991
    Likes Received:
    15,052
    Any business school worth its salt drills that very point into its students - it happened to me! Case study after case study illustrates the important fact that for a company to grow and develop, it needs capital. For some companies (but not many in relative terms), that might be internally generated from a good profit stream. For others, it might require some injection of equity from its owners or new shareholders. More commonly, the company needs access to some kind of debt. It simply cannot happen in a company that just ticks over, doesn't generate spare cash and won't or cannot access additional capital. Football clubs which all operate in a very competitive market aren't excluded from these fundamental principles.

    I wonder which category we're in?
     
    Inspector, Bushy, Ponty City and 8 others like this.
  9. Onside

    Onside Squad Player
    P.L.23/24 Entrant Supporter

    Joined:
    Apr 8, 2018
    Messages:
    9,268
    Likes Received:
    15,619
    Correct. I came to that conclusion several years ago. I actually thought the PL would implode. It hasn’t happened, nevertheless there are serious issues re financial distress throughout the PL. with the big guns wanting to jet off and become a superstar league. Obviously it has repercussions further down the leagues. If you dissociate your club from its community base, it loses it identity and support over time.

    You will remember one Geoffrey Richmond who at the time I thought he was trigger happy at getting rid of managers and anybody else who did not achieve the best for this club. I cannot imagine him not sacking RS who has a good few years to get it right. We need a fully qualified CEO who can plan and recognise where we need expertise.
     
    Inspector and vladimir like this.
  10. Dubois

    Dubois Squad Player
    P.L.23/24 Entrant

    Joined:
    May 14, 2018
    Messages:
    1,543
    Likes Received:
    3,247
    There is an obvious flaw in the sustainable argument. We are currently sustainable simply because we have a very large and loyal, so far, number of season ticket buyers. This in turn attracts sponsors. But that will only remain the case if the product on the pitch is worth watching and we have a reasonable hope of success. If that is not there then the support base will go away and the club will become unsustainable. It is clear from Sparks' comments that there is no meaningful desire to invest, nor ambition to improve substantially, so that is the likely outcome. Then Rupp will either have to put more money in which is unlikely, sell for whatever he can get or put the club into administration.
     
  11. Onside

    Onside Squad Player
    P.L.23/24 Entrant Supporter

    Joined:
    Apr 8, 2018
    Messages:
    9,268
    Likes Received:
    15,619
    Agree, I do hope he wakes up to this absolute fact. I personally think we are run on a wing and a prayer atm. No evidence as such, but just a gut feeling if I am allowed that.
     
    vladimir and Dubois like this.
  12. Dubois

    Dubois Squad Player
    P.L.23/24 Entrant

    Joined:
    May 14, 2018
    Messages:
    1,543
    Likes Received:
    3,247
    There's an element of risk involved but the only way to force the issue is to not renew.
     
    Onside likes this.
  13. Mike Hunt

    Mike Hunt Impact Sub

    Joined:
    Apr 14, 2018
    Messages:
    2,143
    Likes Received:
    5,496
    I completely agree with you, but to misuse your analogy…
    A strong CEO might tell their shareholders that whilst they will happily get their banjo ready, D-I-V-O-R-C-E or 50 Ways to Leave Your Lover aren’t great tunes to play at a wedding and suggest alternatives. A very strong exec team might put their collective banjos down and say we’re not playing that tune.

    FWIW, not spending more than you earn is the correct thing to do, but many of us have or had a mortgage and bought a car on finance so that we could live and get to work. That debt is ok as long as you can repay it. Relying on the good will of your mate to pick you up every day is going to leave you stranded at some point until he’s ill or moves to a new job. Just like relying on 15000 cheap season tickets to balance the books is fine when there’s success on the field.

    Perhaps a shit analogy, but whilst Salford’s model of losing millions isn’t right, living pay cheque to pay cheque isn’t also likely to end in tears at some point.
     
  14. gingercafu

    gingercafu Fringe Player

    Joined:
    Dec 31, 2022
    Messages:
    108
    Likes Received:
    261
    Another major problem is the lease. Would you trust Sparks to successfully negotiate a 25 year lease. I certainly would not!!

    Priority should be to purchase the stadium. Surely the loan repayments will be less than 500k pa. It has to make financial sense.

    Otherwise we will be in turmoil for the next 25 years, after signing another financially detrimental lease.
     
  15. Kevin1954

    Kevin1954 Squad Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter

    Joined:
    Apr 9, 2018
    Messages:
    17,362
    Likes Received:
    14,850
    “ The debt is ok as long as one can pay it back” Sums the issue up nicely Mike.

    Mortgages are completely different as the house is the asset to pay the lender back in case of default . Remember we have no assets and the only default to pay any loan back is the man who calls the tune…… Otherwise.
     
  16. TallinnBantam

    TallinnBantam Regular Starter
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter

    Joined:
    Apr 10, 2018
    Messages:
    6,086
    Likes Received:
    8,126
    The main problem as I see it, is that Rupp thinks we're doing ok, and Sparks thinks he himself is doing a good job in his role. We'll only see changes once their attitudes change, and I can't see that happening any time soon, especially after I heard RS waxing lyrical on the wireless.
     
    #716 TallinnBantam, Feb 9, 2024
    Last edited: Feb 9, 2024
    AngryGaz and Ponty City like this.
  17. Fordy117

    Fordy117 Just call me Mr Flip-Flop!
    Bubbles car wash

    Joined:
    Apr 8, 2018
    Messages:
    17,450
    Likes Received:
    14,481
    The main problem is that Rupp, Sparks, Rhodes, @wetherbywhaler@wetherbywhaler and all the people connected with the club think we have a fan base that are a set of mugs! It’s clear this is the case. Fans getting used and abused!

    Now, until the club puts fans first then nothing will change and I don’t mean cheap season tickets. It’s basically, like 16k fans getting conned every week and accepting it.
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
    AngryGaz and JudgeMental like this.
  18. king karl

    king karl Administrator
    Admin Moderator Supporter P.L.23/24 Entrant

    Joined:
    Apr 8, 2018
    Messages:
    3,332
    Likes Received:
    5,250
    Personally I think Sparks has blown it with his sustainability and stay in the division comment ... Akin to Gerald Ratner saying we sold " total Crap "

    Look what happened there
     
    Stop hovering to collapse... Click to collapse... Hover to expand... Click to expand...
  19. ahar964

    ahar964 Squad Player
    Supporter

    Joined:
    Apr 14, 2018
    Messages:
    3,999
    Likes Received:
    5,673
    Fordy unbelievably lately I think you have been making a lot of sense and posted some very pertinent messages, but I just don't get your tirade against @wetherbywhaler@wetherbywhaler. Yes some of his views, particularly in defence of the club, may differ from many on here, but at the end of the day he is as much a loyal fan as you and me and the rest of us.
     
  20. Kevin1954

    Kevin1954 Squad Player
    P.L.22/23 Entrant P.L.23/24 Entrant Supporter

    Joined:
    Apr 9, 2018
    Messages:
    17,362
    Likes Received:
    14,850
    The PL will not explode as it has a guaranteed income, come rain hail or shine, as long as Sky and all the other bidders are around bidding for TV rights. If only big Geoff had waited!

    The EFL are left with picking up the scraps of what ever the PL deem us to “ need”. In all honesty, as long as the closed shop of the PL and continual parachute money remains available to the merry-go-round clubs, they are absolutely laughing.

    Stop the parachute money overnight and make the Sky deal fairer and not in the bidding of the Prem owners, many of which are laundering nation state money, and don’t give a toss about anyone outside the closed shop of the prem. Rant over.
     
    Onside likes this.

Share This Page

  1. This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
    By continuing to use this site, you are consenting to our use of cookies.
    Dismiss Notice