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Post by voxsuperne on Jul 12, 2012 20:13:18 GMT
Scumdon have announced a further 2 million pound investment from their board!!! And they are working with outside backers to start the re-developement of the sty!!! I thought it was a load of crap but it's now on SSN!!! I was sure they would be getting into trouble financially but it's not looking likely now!!!
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Post by Deleted on Jul 12, 2012 20:21:30 GMT
Those Scummer work mates of yours certainly keep you in Scum-related stories, don't they?
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Post by voxsuperne on Jul 12, 2012 20:27:21 GMT
Too bloody right they do I was biding my time when it all fell apart and they ended up in debt and points deductions etc!!! But I'm still doubtful of the "Wealth" their board is supposed to have...surely they must be feeling the pinch like everyone else in the current economic climate? Got loads of texts this afternoon on about it but thought it was a wind up...then it's suddenly on SSN!!! Might need a week of on the sick....gloating *£"%^£^&
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Post by didcotox on Jul 13, 2012 8:03:35 GMT
I was going to start a thread on this myself until I saw this one.
It got me thinking, would I like to see some major investment in OUFC, and the answer is probably a bit, ie buying young players and selling them on for a big profit. We've missed the boat a fair few times so this is an area for improvement.
But I can't honestly say, I'd like 2 million thrown into the club. It's great for the short term but where would we be in a few years when we have to pay this money back.
Swindon will have to pay this money back, and in all honesty I cannot see how they will be able to. They will be generating more revenue through sponsership etc with the DiCanio factor but it'll only end in tears.
Take portsmouth for instance, threw money at it and now look where they are.
Personally, if clubs deliberately spend beyond their means and later collapse because of the stupidity of it they shouldn't get just a points deduction. For me they should start at the bottom of the pyramid. Fans cannot hide their heads in the sand and enjoy the success and then when it goes tits up cry that it wasn't their fault.
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Post by ianmoore82 on Jul 13, 2012 9:19:08 GMT
I don't think local enmity should cloud what is happening down the road.
The money people aren't stupid - they know to get their money back they need a stadium which can be used 7 days a week, not 1 day a fortnight.
Sure there are a few clubs we could point at and say 'that's Swindon in 5 years time' but without coming across as a bigot these clubs sold their soul to foreign owners who were only ever after a quick buck.
But honestly I can see Swindon replicating the Reading model.
And it wasn't that long when both us and Swindon were far ahead of them.
Yes, every club wants sustainable growth but it depends on where you want to be in the pyramid that dictates that sustainability.
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Post by moobs on Jul 13, 2012 9:20:35 GMT
I was going to start a thread on this myself until I saw this one. It got me thinking, would I like to see some major investment in OUFC, and the answer is probably a bit, ie buying young players and selling them on for a big profit. We've missed the boat a fair few times so this is an area for improvement. But I can't honestly say, I'd like 2 million thrown into the club. It's great for the short term but where would we be in a few years when we have to pay this money back. Swindon will have to pay this money back, and in all honesty I cannot see how they will be able to. They will be generating more revenue through sponsership etc with the DiCanio factor but it'll only end in tears. Take portsmouth for instance, threw money at it and now look where they are. Personally, if clubs deliberately spend beyond their means and later collapse because of the stupidity of it they shouldn't get just a points deduction. For me they should start at the bottom of the pyramid. Fans cannot hide their heads in the sand and enjoy the success and then when it goes tits up cry that it wasn't their fault. We could invest money this way and take the club forward but the board have made it clear they don't want to do that. Not sure how you can compare Portsmouth and Swindon. Portsmouth's wage bill far exceeded their income and the owners at the time were clowns who didn't have the money. They cut and run let the club go into financial meltdown. It seems to me like the owners at Swindon are pretty kosher and sensible.
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Post by didcotox on Jul 13, 2012 9:34:08 GMT
But there wage bill does exceed their income
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Post by ianmoore82 on Jul 13, 2012 9:37:48 GMT
Does it? Or is that just wishful thinking?
Thy have offloaded quite a few of the poor signings from last year who were on high wages and I presume the people running the club must know where they stand regarding wages/income rules.
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Post by didcotox on Jul 13, 2012 9:47:56 GMT
Well I have read somewhere their wage bill was over 3 million last season
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Post by rollsy on Jul 13, 2012 14:56:24 GMT
Well I have read somewhere their wage bill was over 3 million last season I read somewhere it was touching £4m last year and £6m this year. In the top couple for that League. But then they made a lot of money on big player sales the past 4 years, 2 wembley apperances, FA Cup run and promotion. They'll need to be a comfortable championship side to carry on paying that on wages i'd have thought. Massive difference to our £1.25million budget this season!
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Post by ianmoore82 on Jul 13, 2012 17:08:16 GMT
And therein lies the reason they are heading for the Championship and we are still working out a way to escape from League 2 on a tight budget.
But TBH if it wasn't Swindon nobody on here would be talking about it - we'd be talking about our upcoming season.
Many on here still cant seem to shake off the Swindon 'thing' - and I'm still convinced it did us no good last season. Beat them twice to no avail
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Post by rollsy on Jul 13, 2012 17:22:11 GMT
And therein lies the reason they are heading for the Championship and we are still working out a way to escape from League 2 on a tight budget. But TBH if it wasn't Swindon nobody on here would be talking about it - we'd be talking about our upcoming season. Many on here still cant seem to shake off the Swindon 'thing' - and I'm still convinced it did us no good last season. Beat them twice to no avail Totally agree, i'm glad we aint in the same league. Fans were more worried about them, and the 2 games than the other 44. No doubt, will still be constant singing about them at games tho!!
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Post by unification on Jul 13, 2012 18:28:34 GMT
And therein lies the reason they are heading for the Championship and we are still working out a way to escape from League 2 on a tight budget. But TBH if it wasn't Swindon nobody on here would be talking about it - we'd be talking about our upcoming season. Many on here still cant seem to shake off the Swindon 'thing' - and I'm still convinced it did us no good last season. Beat them twice to no avail Politely disagree with that. With Swindon being the main rivals, they'll always be in our minds as I'm sure it's the case vice versa. I agree that the obsession with them got too much last year as I think we'd all willingly take two stuffings from them if it somehow got us promotion. That said, any team that has a modicum of success after spending big is always going to catch everybody's attention. The same happened with Crawley and I think people on here will be talking about Fleetwood too this season as they're not afraid to get out on the cheque book. Speculating to accumulate is one way of getting by in football, but for every Crawley, Swindon and QPR, there's a Portsmouth, Bradford and Luton to look out for. I'm just waiting for their investors to get their share, milk the scummers dry and watch them plummet again.
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Post by ianmoore82 on Jul 13, 2012 18:40:59 GMT
What really gets me on here is those with the 'holier than thou' attitude.
Nobody, and I mean nobody, would not be clapping their hands with joy if next week someone decided they fancied bankrolling OUFC.
Back in the day when we were a 'cheese' in the scheme of things, the majority of clubs' finances were pretty much the same.
Nowadays, cash is king - and we aint got none!
(At the moment!)
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Post by greatunclekip on Jul 13, 2012 19:47:51 GMT
What annoys me more than the above is Swindon fans repeating parrot fashion that they operate sustainably. It is utterly laughable.
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Post by lincolnyellow1 on Jul 13, 2012 21:41:08 GMT
Hasn't Di-Canio been offered a better job yet, surley it can only be a matter of time before some rich Arab owner of a football club comes in for him and fcuk the scummers right up...... Nottm Forest anyone?
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Post by ianmoore82 on Jul 14, 2012 12:39:50 GMT
Reported to be signing Harry Kewell as well.
How much will his wages be?
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Post by pugs on Jul 14, 2012 14:22:18 GMT
Reported to be signing Harry Kewell as well. How much will his wages be? He'll be on a £40k a game pay as you play deal. So it'll cost them about £40k.......
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Post by moobs on Jul 14, 2012 22:57:37 GMT
What really gets me on here is those with the 'holier than thou' attitude. Nobody, and I mean nobody, would not be clapping their hands with joy if next week someone decided they fancied bankrolling OUFC. Back in the day when we were a 'cheese' in the scheme of things, the majority of clubs' finances were pretty much the same. Nowadays, cash is king - and we aint got none!(At the moment!) How do you know?
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Post by helsinkiyellow on Jul 15, 2012 5:56:15 GMT
What really gets me on here is those with the 'holier than thou' attitude. Nobody, and I mean nobody, would not be clapping their hands with joy if next week someone decided they fancied bankrolling OUFC. Back in the day when we were a 'cheese' in the scheme of things, the majority of clubs' finances were pretty much the same. Nowadays, cash is king - and we aint got none!(At the moment!) How do you know? Why do you ignore the responses to this question which you have repeatedly posted?
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Post by barmyarmy on Jul 15, 2012 8:44:11 GMT
Cos he is a troll whos whole life is this forum.
Arsenal win nothing because they are a club run properly and the club is there to make money. Its not fair that Man Utd, City, Chelsea etc invest money they havent got because they are bankrolled by a wealthy owner. Oxford need to invest money they havent got, or be bankrolled by a wealthy owner. Total hypocrite.
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Post by moobs on Jul 15, 2012 9:42:28 GMT
If you ask me people like to keep harping on saying 'we're poor' and 'we're skint' because it sounds good and gives them a good early excuse if the next season goes the same way as the previous 2. People reading this forum would get the impression we have huge financial problems when that isn't the case.
If the owners want to be sensible and not take a gamble by spending money on big transfers that's perfectly understandable, however, IL is not poor and the club probably has many avenues for access to funds if that was neccesary.
I just think to say 'we aint got no money' is completely misleading and as far removed from the truth as you can get
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Post by helsinkiyellow on Jul 15, 2012 9:54:35 GMT
If the owners want to be sensible and not take a gamble by spending money on big transfers that's perfectly understandable, however, IL is not poor and the club probably has many avenues for access to funds if that was neccesary. I just think to say 'we aint got no money' is completely misleading and as far removed from the truth as you can get 'We aint got no money' is not strictly true, I agree. But you are confusing IL's wealth with that of OUFC. Just because IL is worth a few bob and is the majority shareholder of the football club does not mean it isn't run on a tight ship. Many avenues for access to funds? The club has relied on the generosity of IL and other backers to provide soft loans to help with cash-flow to aid investments but these are still showing as debt which will need to be paid back one day. The club continues to pay some of the highest wages in the league so yes we are not skint. But at the same time there is not much scope left in the budget and as the club's business model is to spend only what earns, spare cash is a bit tight.
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Post by concretebob on Jul 15, 2012 16:23:19 GMT
I sense a big KABOOOOOM! will hit the The Skip sooner than we think.
Why people wanked over Di Canio last season is beyond me. PigHill had the biggest budget by a mile last season, they were always going to win that league. Disgusting club and a disgrace to Football.
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Post by moobs on Jul 15, 2012 17:00:56 GMT
I sense a big KABOOOOOM! will hit the The Skip sooner than we think.Why people wanked over Di Canio last season is beyond me. PigHill had the biggest budget by a mile last season, they were always going to win that league. Disgusting club and a disgrace to Football. Why do you say that?
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Post by moomooland on Jul 15, 2012 18:21:44 GMT
I sense a big KABOOOOOM! will hit the The Skip sooner than we think.Why people wanked over Di Canio last season is beyond me. PigHill had the biggest budget by a mile last season, they were always going to win that league. Disgusting club and a disgrace to Football. Why do you say that? Swindon will be the next Luton, which will be a great shame. Such a pity ;D
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Post by moobs on Jul 15, 2012 19:38:17 GMT
Swindon will be the next Luton, which will be a great shame. Such a pity ;D Why? What have they done?
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Post by Lone Gunman on Jul 15, 2012 20:14:53 GMT
Swindon will be the next Luton, which will be a great shame. Such a pity ;D Why? What have they done? What have you done in support of OUFC save for subjecting us to going-on 10,000 posts of drivel on here?
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Post by barmyarmy on Jul 15, 2012 20:39:30 GMT
If you ask me people like to keep harping on saying 'we're poor' and 'we're skint' because it sounds good and gives them a good early excuse if the next season goes the same way as the previous 2. People reading this forum would get the impression we have huge financial problems when that isn't the case. If the owners want to be sensible and not take a gamble by spending money on big transfers that's perfectly understandable, however, IL is not poor and the club probably has many avenues for access to funds if that was neccesary. I just think to say 'we aint got no money' is completely misleading and as far removed from the truth as you can get With respect Moobs, no one asks you because you know f*ck all. The club owes IL £4 million plus, he has had to increase the playing budget to get Raynes in and will increase it again if anybody else comes in. Perhaps we could ask the Arsenal board for some money, they must have plenty of spare cash with all the money they are making.
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Post by Lone Gunman on Jul 15, 2012 22:53:54 GMT
Why is IL obliged to keep pumping cash into OUFC though moobs?
Stan the man at Arsenal obviously feels he is under no such pressure.
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