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Rupp

Discussion in 'City Talk' started by Tony Wilkinson, Oct 31, 2020.

  1. Mike Hunt

    Mike Hunt Impact Sub

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    Depends how many season tickets get sold, 10,000 £150 adult season tickets is £1.5m less the VAT charged. He probably needs an income of £2.5-£3m to break even as a complete guess. Ignoring the Covid situation for a moment, 10,000 season tickets in 21/22 is going to depend on how this season goes and who is appointed manager next summer. Another miserable season and let’s be honest, selling 10,000 adult season tickets will be a challenge.
     
  2. trevor

    trevor Squad Player
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    We take about a million in off field activities and sponsorship so with the TV and Premiership grant we need to sell less to break even, If we have a good season we will be rolling in it,
     
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  3. Bronco

    Bronco Star Player
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    Unfortunately you may be right.
     
  4. Interested Bystander

    Interested Bystander Important Player
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    Which could mean he gets a decent offer for the club.
    Now is possibly the best time to buy a tier 3 or 4 club
     
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  5. Campbell's soup

    Campbell's soup Impact Sub
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    Go on then.
    :rolleyes:
     
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  6. Bronco

    Bronco Star Player
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    He can't own two league clubs at the same time.
     
  7. Campbell's soup

    Campbell's soup Impact Sub
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    Canvey Island aren’t a league club.
     
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  8. hornseabantam

    hornseabantam Emergency Backup

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    Made me laugh Bronco!
     
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  9. Interested Bystander

    Interested Bystander Important Player
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    I would, but as my football guru @Fordy117@Fordy117 rightly points out, no assets, no ambition :)
     
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  10. Bronco

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  11. EdwinB

    EdwinB Fringe Player

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    Remind me what assets the club have
     
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  12. Fordy117

    Fordy117 Just call me Mr Flip-Flop!

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    Rupp still here.

    Is he one of the worst ever owners in this clubs history?

    Rupp is as bad as Edin if not worse.
     
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  13. trevor

    trevor Squad Player
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    They have the Football league share that is worth a lot, Many business do not have assets, big retail stores rent their shops rather than own them and technically have no assets in the traditional sense,
     
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  14. Dubois

    Dubois Impact Sub

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    What can we say about Rupp? None of us knows what he really thinks about us because he never says anything. Why might that be? Long ago I put some money into an enterprise that I knew nothing about. I hoped that it would make me some money and, as it was managed by somebody else, I almost forgot about it. Gradually, it lost its value but I didn't really care because I could afford to write it off to experience. Eventually, the whole enterprise failed and I lost my money but I wasn't that bothered because other investments did rather well. The whole picture was rosy. So does Rupp think any differently? He doesn't know about the business, just like me. He's put it in the hands of someone else, just like me. If it loses all his money will he put it down to experience just like me, knowing he's making plenty of money elsewhere? Does it really matter to him at all?
    But what's for sure, if he bales out we're finished unless someone else comes to the rescue.
     
    #54 Dubois, Nov 21, 2020
    Last edited: Nov 21, 2020
    Parader likes this.
  15. Storck

    Storck Squad Player
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    most retailers have a lot of assets in their stock
     
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  16. trevor

    trevor Squad Player
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    They do but most hope to sell it before they have to pay for it, Most suppliers will only supply retailers with insurance against default,
     
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  17. Fordy117

    Fordy117 Just call me Mr Flip-Flop!

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    You invested to make money. I believe Rupp did with us to make money but the problem is a football club doesn't make money unless you invest more money into it and on the pitch move forward.

    If he doesn't care about us then he needs to leave. That simple.

    I always wondered why we don't hear from Edin..Makes you wonder doesn't it?
     
  18. Storck

    Storck Squad Player
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    You would think but when retailers go bust eg House of Fraser the suppliers are always complaining about the money owed
     
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  19. Dubois

    Dubois Impact Sub

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    But how does he leave? He either sells, which is unlikely or we go into administration.
     
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  20. Fordy117

    Fordy117 Just call me Mr Flip-Flop!

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    This is the problem mate.
     

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