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Thomas Funds

Valley27000
Valley27000 Posts: 3,417
in General Charlton
When does Thomas need too put more money into our club?.That £11m back in September won't last much longer.
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Comments

  • SuedeAdidas
    SuedeAdidas Posts: 7,828
    Who says he hasn't already?
  • Valley27000
    Valley27000 Posts: 3,417
    SuedeAdidas said:
    Who says he hasn't already?
    Can we see it somewhere?.
  • Valley27000
    Valley27000 Posts: 3,417
    Depends on what league we are in also fans allowed back in.You would think another £10m -£13m from Thomas.
  • ForeverAddickted
    ForeverAddickted Posts: 96,077
    Valley27000 said:
    SuedeAdidas said:
    Who says he hasn't already?
    Can we see it somewhere?.
    The company bank account? 
  • Henry Irving
    Henry Irving Posts: 85,480
    £9m for Pope, £1m for Pratley
  • Valley27000
    Valley27000 Posts: 3,417
    Henry Irving said:
    £9m for Pope, £1m for Pratley
    Sounds good.
  • golfaddick
    golfaddick Posts: 34,333
    What a strange question. Does TS have to run everything past you first  ?  Did he consult you on Adkins appointment or the changes to the training ground. 
  • se9addick
    se9addick Posts: 32,195
    edited May 2021
    Given the wage bill will be relatively low this season as we had to comply with the salary cap until after the January window and we raised some decent money in the last summer window (Bonne sold, Phillips sold, think we got something for Doughty and there was a sell on for Grant that brought some cash in) I wonder how much money will have been required to fund the club.

    I doubt we’re breaking even, but it might not be as horrific as previous seasons.
  • kentaddick
    kentaddick Posts: 18,729
    Valley27000 said:
    SuedeAdidas said:
    Who says he hasn't already?
    Can we see it somewhere?.
    can i see your bank statements please pal?

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  • Valley27000
    Valley27000 Posts: 3,417
    se9addick said:
    Given the wage bill will be relatively low this season as we had to comply with the salary cap until after the January window and we raised some decent money in the last summer window (Bonne sold, Phillips sold, think we got something for Doughty and there was a sell on for Grant that brought some cash in) I wonder how much money will have been required to fund the club.

    I doubt we’re breaking even, but it might not be as horrific as previous seasons.
    True wages may be higher next season whatever league we are in.
  • Valley27000
    Valley27000 Posts: 3,417
    kentaddick said:
    Valley27000 said:
    SuedeAdidas said:
    Who says he hasn't already?
    Can we see it somewhere?.
    can i see your bank statements please pal?
    See yours?.
  • Bedsaddick
    Bedsaddick Posts: 24,975
    Valley27000 said:
    When does Thomas need too put more money into our club?.That £11m back in September won't last much longer.
    What a weird thing to say . 
  • Valley27000
    Valley27000 Posts: 3,417
    Bedsaddick said:
    Valley27000 said:
    When does Thomas need too put more money into our club?.That £11m back in September won't last much longer.
    What a weird thing to say . 
    Your weird.
  • Bedsaddick
    Bedsaddick Posts: 24,975
    Valley27000 said:
    Bedsaddick said:
    Valley27000 said:
    When does Thomas need too put more money into our club?.That £11m back in September won't last much longer.
    What a weird thing to say . 
    Your weird.
    My weird ?
  • ValleyGary
    ValleyGary Posts: 38,190
    I love how from your original post, it took you 6 minutes to answer your own question.
  • ricky_otto
    ricky_otto Posts: 22,600
    edited May 2021
    Henry Irving said:
    £9m for Pope, £1m for Pratley
    FFS, I thought the days of us selling our younger players on the cheap had gone. I’ll be asking for a refund on the season tickets I bought today now. Yet again we have had the wool (from your cardigan) pulled over our eyes. 
  • EugenesAxe
    EugenesAxe Posts: 3,559
    Bedsaddick said:
    Valley27000 said:
    Bedsaddick said:
    Valley27000 said:
    When does Thomas need too put more money into our club?.That £11m back in September won't last much longer.
    What a weird thing to say . 
    Your weird.
    My weird ?
    Your weird is blocking the exit can you move it please...
  • bobmunro
    bobmunro Posts: 21,088
    I demand to see the cash flow statement - if TS doesn’t give us all the login details for the Club’s bank account then he is clearly hiding something.

    Where’s the tooth fairy when he’s needed?

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  • bobmunro
    bobmunro Posts: 21,088
    Bedsaddick said:
    Valley27000 said:
    Bedsaddick said:
    Valley27000 said:
    When does Thomas need too put more money into our club?.That £11m back in September won't last much longer.
    What a weird thing to say . 
    Your weird.
    My weird ?
    No, definitely not your weird, Beds.
  • Athletico Charlton
    Athletico Charlton Posts: 14,418
    edited May 2021
    Be interested to know airmans views but Bonne, Phillips; Doughty and Grant would have netted about c£6m.  Take off say £500k on transfers in.  Then you have solidarity payments, a small amount of commercial income from ValleyPass, shop etc and an extra Covid payment from the PL if i recall correctly.  Combine that with a low salary bill, much reduced costs for putting games on without fans I am guessing and maybe Covid rates relief of some sort and we might not be too far off breaking even.

    hopefully TS also took the opportunity through the rent moratorium to have paid RD precisely no rent whatsoever under the lease obligations to date.
  • ct_addick
    ct_addick Posts: 4,382
    The season ticket sales should help as well

  • Valley27000
    Valley27000 Posts: 3,417
    ct_addick said:
    The season ticket sales should help as well

    True.
  • EugenesAxe
    EugenesAxe Posts: 3,559
    edited May 2021
    Valley27000 said:
    ct_addick said:
    The season ticket sales should help as well

    True.
    Indeed
  • Cafc43v3r
    Cafc43v3r Posts: 21,600
    Athletico Charlton said:
    Be interested to know airmans views but Bonne, Phillips; Doughty and Grant would have netted about c£6m.  Take off say £500k on transfers in.  Then you have solidarity payments, a small amount of commercial income from ValleyPass, shop etc and an extra Covid payment from the PL if i recall correctly.  Combine that with a low salary bill, much reduced costs for putting games on without fans I am guessing and maybe Covid rates relief of some sort and we might not be too far off breaking even.

    hopefully TS also took the opportunity through the rent moratorium to have paid RD precisely no rent whatsoever under the lease obligations to date.
    If you look at the 2018/19 seasons accounts the key things are.

    Income

    Central payments 1.5 million, match day 4.1 million, commercial 1.3 million and other 0.8 million.  Total operating income £7.8 million. 

    Player sales also accounted for 2.9 million.

    Costs

    Wages, including all staff, academy etc £10.4 million.  Total operating costs, including wages was £19.7 million.

    Loss

    Just over £10 million quid.

    This seasons player sales probably cover the 18/19 play sales most of the lost match day revenue (remember that includes the play offs as well).

    I can't see how you can get anywhere near break even? 
  • SoundAsa£
    SoundAsa£ Posts: 22,570
    Valley27000 said:
    Bedsaddick said:
    Valley27000 said:
    When does Thomas need too put more money into our club?.That £11m back in September won't last much longer.
    What a weird thing to say . 
    Your weird.
    You’re.
  • EugenesAxe
    EugenesAxe Posts: 3,559
    edited May 2021
    .
  • EugenesAxe
    EugenesAxe Posts: 3,559
    addick1956 said:
    I thought  Thomas said he put 2 hrs funding in up front as requested by EFL.  £21 Million squids. Plus buying the club and legal fees and one player purchase, Schwartz. 
    2hrs funding, that’s not going to last much past 120 minutes.
  • Henry Irving
    Henry Irving Posts: 85,480
    Approx £300k each for Ronnie and DJ.

    We are certain to have lost money this season but, hopefully, TS  will have expected that. Covid means it maybe worse that expected, Gallen's shrewd sales, maybe a little less.

    Even with a Papal windfall we (Thomas) will probably still lose money next season.

    Losses aren't a problem if they are in the business plan and so expected.

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