Mark Harris rumour

[Rjk]

£36 million The club need to take Allez, Allez, Allez’s advice and get rid of a few more ticket office operatives, that’d make a huge hole in that £36 million

In a post-parachute payments world guess it needs to be around 20 million or lower to be sustainable?
Having youth players regularly coming through will probably be a necessity rather than a nice to have going forward.

[Citizen's Nephew]

£36 million The club need to take Allez, Allez, Allez’s advice and get rid of a few more ticket office operatives, that’d make a huge hole in that £36 million

In the real world, outside of football, it's staggering to think that translates to 1000 people on £36K/annum. I think the highest earners in League 2 (Newport) are around £100K/annum with plenty on a lot lower than that. So that's a weekly wage of roughly £2K for the highest L2 earners. I don't care what anyone says, I don't think the quality of football played is worth anything close to the kind of money Championship players are earning.

[Citizen's Nephew]

In a post-parachute payments world guess it needs to be around 20 million or lower to be sustainable?
Having youth players regularly coming through will probably be a necessity rather than a nice to have going forward.

I totally agree. That's the business model of the future for most of the football league. The current situation will collapse - it's only a matter of time.

In my post above I didn't mean Newport has the highest earners - I meant to just use them as context.

[Rjk]

In the real world, outside of football, it's staggering to think that translates to 1000 people on £36K/annum. I think the highest earners in League 2 (Newport) are around £100K/annum with plenty on a lot lower than that. So that's a weekly wage of roughly £2K for the highest L2 earners. I don't care what anyone says, I don't think the quality of football played is worth anything close to the kind of money Championship players are earning.

I have mixed feelings about it. Yes it is crazy money compared to most things. But it is one of the few professions where the working class people who are actually doing the work reap the benefits of it financially, so fair play to them I say.

We seem to be entering a period of dominance by the premier league - the increasing disparity between the premier league and championship is starting to tell. Also the dominance of the premier league in Europe. Very few teams can afford to keep up, and many are getting themselves into huge difficulties just trying.
Something will change soon.

[Citizen's Nephew]

I have mixed feelings about it. Yes it is crazy money compared to most things. But it is one of the few professions where the working class people who are actually doing the work reap the benefits of it financially, so fair play to them I say.

We seem to be entering a period of dominance by the premier league - the increasing disparity between the premier league and championship is starting to tell. Also the dominance of the premier league in Europe. Very few teams can afford to keep up, and many are getting themselves into huge difficulties just trying.
Something will change soon.

Yup. All solid points. And, yeah, your point about the people actually doing the work reaping the benefits has merit. Too often, the highly skilled employees make a lot of other people rich while constantly wondering how they'll keep a roof over their heads. I could go on but that's not for this thread!

Regards the change - it's all gone a bit quiet. Too quiet - as they say. Something's afoot.

[life on mars]

Yup. All solid points. And, yeah, your point about the people actually doing the work reaping the benefits has merit. Too often, the highly skilled employees make a lot of other people rich while constantly wondering how they'll keep a roof over their heads. I could go on but that's not for this thread!

Regards the change - it's all gone a bit quiet. Too quiet - as they say. Something's afoot.

Brainwave - How about a European Super League ?

[Rjk]

Brainwave - How about a European Super League ?

we certainly haven't heard the last of that.

[BLUETIT]

Brainwave - How about a European Super League ?

we certainly haven't heard the last of that.

Would work well during a pandemic !

[dembethewarrior]

Agreed. We could let at least 1 go without replacing. The problem is the senior midfielders are paid more here than they will get anywhere else as all are Warnock contracts. Impossible to shift unless we pay them off, which is false economy.

How long before it's all over!!

Agree with your post, nothing to add.

[Rjk]

In a post-parachute payments world guess it needs to be around 20 million or lower to be sustainable?
Having youth players regularly coming through will probably be a necessity rather than a nice to have going forward.

20210806_124827.jpg

there are a lot of clubs in this league that need to have a readjustment

[dembethewarrior]

20210806_124827.jpg

there are a lot of clubs in this league that need to have a readjustment

How are Luton classed as a small company?

[Rjk]

How are Luton classed as a small company?

According to the UK's Companies Act 2006, a small company is defined as one that does not have a turnover of more than £6.5million, a balance sheet total of more than £3.26 million and does not have more than 50 employees.

They must have a turnover higher than that surely? and number of employees?

[dembethewarrior]

They must have a turnover higher than that surely? and number of employees?

I couldn't remember the figures off the top of my head, last time I looked I ran a LTD company and reading that comment about Luton just really jumped off the page.

[Rjk]

I couldn't remember the figures off the top of my head, last time I looked I ran a LTD company and reading that comment about Luton just really jumped off the page.

Looking at their figures their share of the tv revenue would have been over 8m, plus 3m commercial and 3m match day revenue.