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Post by cfcforme on Apr 17, 2018 11:38:00 GMT
Picking up from the other thread before it got a bit ridiculous....
Has a figure been mentioned for this suggested investment that i've missed?
And regardless of the figure, what on earth do we do with it if it does come in? Do we just stick it in the bank to replace the £100k rainy day fund, do we look at infrastructure projects, or does it go into player budgets? Clearly it doesn't have to all go in one direction but off the top of my head i'd do those three in that order and once the £100k is replenished, maybe a 75/25 split on infrastructure/playing budget. Strict caveat though, assuming the investment is a one off then we need to ensure any commitments to playing budget (or otherwise) are ended within the investment amount to remove the risk (i.e. no 2-year contracts for overpaid journeymen).
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Post by Si on Apr 17, 2018 11:48:09 GMT
On the podcast Jeff was pretty clear that we can't go into any further details at the moment on the potential investment and how it would be spent. In my opinion, the first team budget needs to be boosted to a certain extent as at the moment the budget points to a season of struggle which will have an even more negative impact on crowds. But the majority needs to be pumped into infrastructure fund such as training facilities and bar extention - things that will help us stand on our own two feet in the years to come rather than praying for these type of investments or Bob Grey cup runs.
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Post by Hannibal on Apr 17, 2018 12:02:54 GMT
On the podcast Jeff was pretty clear that we can't go into any further details at the moment on the potential investment and how it would be spent. In my opinion, the first team budget needs to be boosted to a certain extent as at the moment the budget points to a season of struggle which will have an even more negative impact on crowds. But the majority needs to be pumped into infrastructure fund such as training facilities and bar extention - things that will help us stand on our own two feet in the years to come rather than praying for these type of investments or Bob Grey cup runs. This does seem sensible, but there's not much point in extending the bar if the main beneficiaries are going to be Dougherty and Allen. Certainly replenish the rainy day money (with a proviso that it cannot be touched until the CFU members are consulted). I also think that the playing budget should be adequate, but needs to be spent by someone who appreciates that it cannot be spent foolishly a la McCarthy.. It would also appear that 3g pitches are a goldmine, but we've probably missed the boat on that one. |
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Post by bing on Apr 17, 2018 12:36:55 GMT
I think the timing of the investment is quite telling...
If they intended to pump money into the playing budget to stave off relegation, they would have done that months ago. It suggests to me that the investor is looking to build the club from the ground up infrastructure-wise.
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Post by poolepirate on Apr 17, 2018 12:50:41 GMT
its all a matter of opinion of course but personally i dont think any investor would be happy for any monies they invested in the club just to be put in the bank to top up the rainy day fund
i do think we need a rainy day fund to cover unexpected events but the investor would want the money to help the club progress in all ways , first team youth and general ground facilites
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Post by uptheseals on Apr 17, 2018 13:40:13 GMT
On the podcast Jeff was pretty clear that we can't go into any further details at the moment on the potential investment and how it would be spent. In my opinion, the first team budget needs to be boosted to a certain extent as at the moment the budget points to a season of struggle which will have an even more negative impact on crowds. But the majority needs to be pumped into infrastructure fund such as training facilities and bar extention - things that will help us stand on our own two feet in the years to come rather than praying for these type of investments or Bob Grey cup runs. Dont Agree with the Bar Extention, Theres no point atm considering Dougherty and Allen Pocket almost everything from it, We could really do with fucking them off they're only here for one reason and thats to make money from us, The food they serve up is utter shite too one the worst in non league personally don't beleive for a second we couldn't afford to cater ourselves considering teams with way less money then us in non league manage to do it and atleast they make money from it unlike us |
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Post by jollyboysam on Apr 17, 2018 14:08:41 GMT
Wherever did you get the idea we have touched the rainy day fund?
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Post by Hannibal on Apr 17, 2018 14:23:40 GMT
On the podcast Jeff was pretty clear that we can't go into any further details at the moment on the potential investment and how it would be spent. In my opinion, the first team budget needs to be boosted to a certain extent as at the moment the budget points to a season of struggle which will have an even more negative impact on crowds. But the majority needs to be pumped into infrastructure fund such as training facilities and bar extention - things that will help us stand on our own two feet in the years to come rather than praying for these type of investments or Bob Grey cup runs. Dont Agree with the Bar Extention, Theres no point atm considering Dougherty and Allen Pocket almost everything from it, We could really do with fucking them off they're only here for one reason and thats to make money from us, The food they serve up is utter shite too one the worst in non league personally don't beleive for a second we couldn't afford to cater ourselves considering teams with way less money then us in non league manage to do it and atleast they make money from it unlike us I disagree that the food is shite. I do agree that it's overpriced. What is it? £40 for a three course meal. I had a similar meal at the Holiday Inn on the A55 recently and it was £15 a head. |
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Post by peterkaysock on Apr 17, 2018 14:40:28 GMT
10 years as a chef in my younger years.
I would hardly say the food was shite, eaten there many times with many people who attend regular corporate events, we always comment how good the food is especially from tiny kitchen they operate from.
Christ even the catering firm is getting it now, we should blame CH for that.
Let's focus on 1st team football and the rest will look after itself for the time being
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Post by uptheseals on Apr 17, 2018 15:33:09 GMT
Dont Agree with the Bar Extention, Theres no point atm considering Dougherty and Allen Pocket almost everything from it, We could really do with fucking them off they're only here for one reason and thats to make money from us, The food they serve up is utter shite too one the worst in non league personally don't beleive for a second we couldn't afford to cater ourselves considering teams with way less money then us in non league manage to do it and atleast they make money from it unlike us I disagree that the food is shite. I do agree that it's overpriced. What is it? £40 for a three course meal. I had a similar meal at the Holiday Inn on the A55 recently and it was £15 a head. Not talking about the food in legends lounge personally haven't expierenced that, I'm on about food in kiosks in stands |
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Post by Oaks Blue on Apr 17, 2018 16:04:09 GMT
Any ideas on who it might be yet?
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Post by norwegianblue on Apr 17, 2018 17:20:21 GMT
Dont Agree with the Bar Extention, Theres no point atm considering Dougherty and Allen Pocket almost everything from it, We could really do with fucking them off they're only here for one reason and thats to make money from us, The food they serve up is utter shite too one the worst in non league personally don't beleive for a second we couldn't afford to cater ourselves considering teams with way less money then us in non league manage to do it and atleast they make money from it unlike us I disagree that the food is shite. I do agree that it's overpriced. What is it? £40 for a three course meal. I had a similar meal at the Holiday Inn on the A55 recently and it was £15 a head. 9 of my Norwegian colleagues attended Macc v Orient last weekend in their VIP Lounge. They paid £35 each which included match day ticket and a 3 course meal. They were very happy with it and believe me, Noggies can be very fussy ! |
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Post by Hannibal on Apr 17, 2018 17:41:40 GMT
Wherever did you get the idea we have touched the rainy day fund? Is this a wind-up? It's gone!! Why do you think it needs replacing? |
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Post by billyw on Apr 17, 2018 17:43:38 GMT
Wherever did you get the idea we have touched the rainy day fund? From the horse's mouth perhaps. |
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Post by Al on Apr 17, 2018 17:45:11 GMT
On the podcast Jeff was pretty clear that we can't go into any further details at the moment on the potential investment and how it would be spent. In my opinion, the first team budget needs to be boosted to a certain extent as at the moment the budget points to a season of struggle which will have an even more negative impact on crowds. But the majority needs to be pumped into infrastructure fund such as training facilities and bar extention - things that will help us stand on our own two feet in the years to come rather than praying for these type of investments or Bob Grey cup runs. Dont Agree with the Bar Extention, Theres no point atm considering Dougherty and Allen Pocket almost everything from it, We could really do with fucking them off they're only here for one reason and thats to make money from us, The food they serve up is utter shite too one the worst in non league personally don't beleive for a second we couldn't afford to cater ourselves considering teams with way less money then us in non league manage to do it and atleast they make money from it unlike us Sorry but, if you're prepared to dish out some shite you're going to get it back. Been pointed out loads on here that we split the profits 50/50 with D&A so your first point is bollocks. Second, food utter shite? I've heard nothing but praise for the standard of their food. D&A do all our food upstairs, they provide waiting on and bar staff also downstairs saving us £££££. So yeah, before you go shooting your mouth off about a valuable partnership, engage yer fucking brain if you have one |
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Post by chesterken on Apr 17, 2018 17:50:21 GMT
Dont Agree with the Bar Extention, Theres no point atm considering Dougherty and Allen Pocket almost everything from it, We could really do with fucking them off they're only here for one reason and thats to make money from us, The food they serve up is utter shite too one the worst in non league personally don't beleive for a second we couldn't afford to cater ourselves considering teams with way less money then us in non league manage to do it and atleast they make money from it unlike us Sorry but, if you're prepared to dish out some shite you're going to get it back. Been pointed out loads on here that we split the profits 50/50 with D&A so your first point is bollocks. Second, food utter shite? I've heard nothing but praise for the standard of their food. D&A do all our food upstairs, they provide waiting on and bar staff also downstairs saving us £££££. So yeah, before you go shooting your mouth off about a valuable partnership, engage yer fucking brain if you have one Don’t sit on the fence Al, say it as it is😀 |
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Post by Al on Apr 17, 2018 18:29:06 GMT
Sorry but, if you're prepared to dish out some shite you're going to get it back. Been pointed out loads on here that we split the profits 50/50 with D&A so your first point is bollocks. Second, food utter shite? I've heard nothing but praise for the standard of their food. D&A do all our food upstairs, they provide waiting on and bar staff also downstairs saving us £££££. So yeah, before you go shooting your mouth off about a valuable partnership, engage yer fucking brain if you have one Don’t sit on the fence Al, say it as it is😀 I don't do fence sitting, you get splinters on your backside 😂 |
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Post by devadiva on Apr 17, 2018 19:05:18 GMT
On the podcast Jeff was pretty clear that we can't go into any further details at the moment on the potential investment and how it would be spent. In my opinion, the first team budget needs to be boosted to a certain extent as at the moment the budget points to a season of struggle which will have an even more negative impact on crowds. But the majority needs to be pumped into infrastructure fund such as training facilities and bar extention - things that will help us stand on our own two feet in the years to come rather than praying for these type of investments or Bob Grey cup runs. This does seem sensible, but there's not much point in extending the bar if the main beneficiaries are going to be Dougherty and Allen. Certainly replenish the rainy day money (with a proviso that it cannot be touched until the CFU members are consulted). I also think that the playing budget should be adequate, but needs to be spent by someone who appreciates that it cannot be spent foolishly a la McCarthy.. It would also appear that 3g pitches are a goldmine, but we've probably missed the boat on that one. 3/4G is the way to go. Plenty of space at the Deva to do this now the bus depot isn’t going ahead. |
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Post by Al on Apr 17, 2018 19:13:07 GMT
This does seem sensible, but there's not much point in extending the bar if the main beneficiaries are going to be Dougherty and Allen. Certainly replenish the rainy day money (with a proviso that it cannot be touched until the CFU members are consulted). I also think that the playing budget should be adequate, but needs to be spent by someone who appreciates that it cannot be spent foolishly a la McCarthy.. It would also appear that 3g pitches are a goldmine, but we've probably missed the boat on that one. 3/4G is the way to go. Plenty of space at the Deva to do this now the bus depot isn’t going ahead. But.. But.. But.. What about those car park spaces? Won't ANYONE think of the car park spaces??? 😂 |
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Post by bing on Apr 17, 2018 20:13:38 GMT
3/4G is the way to go. Plenty of space at the Deva to do this now the bus depot isn’t going ahead. But.. But.. But.. What about those car park spaces? Won't ANYONE think of the car park spaces??? 😂 3G pitches are a priority for me - not just the revenue they'll generate, but creating a buzz around the place - promoting Chester FC to the footballing community. |
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Post by bluetartan on Apr 17, 2018 20:47:22 GMT
No way to detract from the 3G pitch idea and can see the benefit to external revenue but is it a good idea for the first team to train on them and then to revert to grass on match day, the two surfaces are entirely different and the ball acts in a different way. Both Hamilton and Kilmarnock have them up here in the SPL and the football is never the same. Gives in my opinion these two teams an unfair advantage as they train and play on 3G.
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Post by sqzl on Apr 17, 2018 22:31:01 GMT
But.. But.. But.. What about those car park spaces? Won't ANYONE think of the car park spaces??? 😂 3G pitches are a priority for me - not just the revenue they'll generate, but creating a buzz around the place - promoting Chester FC to the footballing community. Until we realise this investment opportunity is £25k one off to help us out and 3/4G becomes even more unrealistic that is sounds already 😂 |
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Post by dmcnally on Apr 17, 2018 22:40:25 GMT
No way to detract from the 3G pitch idea and can see the benefit to external revenue but is it a good idea for the first team to train on them and then to revert to grass on match day, the two surfaces are entirely different and the ball acts in a different way. Both Hamilton and Kilmarnock have them up here in the SPL and the football is never the same. Gives in my opinion these two teams an unfair advantage as they train and play on 3G. Don't we train on a 3G surface already at the university? Having our own 3G pitch allows us to train on whichever surface we wish - so we can get plenty of preparation in on a 3G pitch ahead of a game on 3G for example. A 3G pitch community facility would be absolutely massive for both the club and - as the name suggests - the community. One decent shout I've seen for the mystery investor is Gary Dewhurst. Recently left Connah's Quay Nomads but was massive on their youth academy; watched loads of games and contributed £150,000 to a "£500,000 3G facility and community centre." (the rest coming from FA grants). Just what we need! Also donated £250,000 to the youth academy as a parting gift back in October 2017. He's local and may be looking to invest in another local team. All speculation on my part it must be stressed. |
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Post by Blockhead on Apr 18, 2018 0:26:41 GMT
Think the 3G pitch as a revenue generator ship might have sailed with Goals now across the road from the ground.
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Post by dmcnally on Apr 18, 2018 6:30:31 GMT
Think the 3G pitch as a revenue generator ship might have sailed with Goals now across the road from the ground. Difficult for football teams to train on those tiny pitches so building one or two large pitches would still have major value. |
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Post by gezzer on Apr 18, 2018 7:34:27 GMT
I will be surprised if the "investment" is any where near the 6 figure mark and definitely not all in one go if it was. I believe that the entrepreneur will bring more than money to the table namely sound business acumen that has been gained in a similar environment which we desperately need as much as the money. If it is who I suspect, their MO is all about sustainability, brand building and more importantly community.
I just hope that the board adopt a more flexible approach to fresh ideas as I feel that there is a "bunker" mentality that has set in.
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Post by dmcnally on Apr 18, 2018 7:48:48 GMT
I will be surprised if the "investment" is any where near the 6 figure mark and definitely not all in one go if it was. I believe that the entrepreneur will bring more than money to the table namely sound business acumen that has been gained in a similar environment which we desperately need as much as the money. If it is who I suspect, their MO is all about sustainability, brand building and more importantly community. I just hope that the board adopt a more flexible approach to fresh ideas as I feel that there is a "bunker" mentality that has set in. Would the board really call a five figure sum “significant investment”?... |
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Post by sqzl on Apr 18, 2018 7:52:31 GMT
I will be surprised if the "investment" is any where near the 6 figure mark and definitely not all in one go if it was. I believe that the entrepreneur will bring more than money to the table namely sound business acumen that has been gained in a similar environment which we desperately need as much as the money. If it is who I suspect, their MO is all about sustainability, brand building and more importantly community. I just hope that the board adopt a more flexible approach to fresh ideas as I feel that there is a "bunker" mentality that has set in. Would the board really call a five figure sum “significant investment”?... In our situation, maybe. Let's be honest nobody would shirk at £75k for the war chest and in all fairness, if they didn't call it significant it may come across badly to the potential investor. |
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Post by dmcnally on Apr 18, 2018 7:56:07 GMT
Would the board really call a five figure sum “significant investment”?... In our situation, maybe. Let's be honest nobody would shirk at £75k for the war chest and in all fairness, if they didn't call it significant it may come across badly to the potential investor. £75,000 or whatever is not significant investment to a business with a million pounds or so turnover. Will be far more than that IMO |
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Post by Charfield Blue on Apr 18, 2018 8:00:48 GMT
Would the board really call a five figure sum “significant investment”?... In our situation, maybe. Let's be honest nobody would shirk at £75k for the war chest and in all fairness, if they didn't call it significant it may come across badly to the potential investor. I don't know how much Gezzer knows, but I'd be far more interested in the business acumen side of things. It's one thing to get some money but another thing altogether knowing how to generate more of it in the long term. |
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