Finances

Match day discussion, transfers, and all things Accies

Finances

Postby YeOldeHamiltonian » Sun Mar 22, 2015 1:13 pm

Been reading of the cost of getting rid of the inexperienced trio,but at what expense?

The cost of finishing in the top six v potentially 8th or 9th.Add in the loss of home support as fans don't want another Billy Reid scenario.Home attendance was 5-600 down at the Ross County game.Keep this up and only season ticket holders will be at the remaining games.

Next season's costs.Expect at least a 50 per cent drop in season ticket sales.Moreover,sponsors won't be so keen will they and add the ever decreasing value of assets like Ziggy and Ali and it looks as if it will be much more costly not to change it.

Accies must be the only club who will halve their support when gaining promotion.An impressive feat which can easily be resolved by doing what needs to be done.This inaction has already cost us financially this season.It has the potential to be catastrophic if it continues.

All it takes is for the powers at be to hold their hands up,admit they got it wrong,appoint a decent Manager and start again.The fans will accept this as everyone makes errors/mistakes.The secret is not being too bloody minded to change things as happened last time with Billy Reid.

Most of us expect nothing to change,so unless decent signings are made,next season could be one of the worst in our history if things stagnate as they are.
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Re: Finances

Postby H9crx » Sun Mar 22, 2015 2:00 pm

Spot on!
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Re: Finances

Postby Accies4ever » Sun Mar 22, 2015 2:04 pm

You know certain posters make the point that it's a safer option to keep Canning & Co into next season and see where it takes us, rather than replacing them for next season.
I can see their point of view, but I can't agree with a viewpoint of cross your fingers and hope for the best.
Not when the evidence is so blatant.

Why persist with a lame duck management team, when we all know how it's going to work out.
If in doubt, 3 pts out of 33, means we'll be lucky statistically to muster a dozen points over a season.
By the time the penny eventually drops, we'll be so far behind the bottom 6, not even Harry Houdini will be able to help us.

Just like the phrase if it ain't broke, don't fix it.....then if it is broke, don't delay.

We need the BoD to take the hard decision and put loyalty to Martin to one side, in the best interest of the club and team.
Financially a winning team makes more sense than a failing team.
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Re: Finances

Postby Yer Sisters Yer Maw » Mon Mar 23, 2015 7:18 am

If the board are planning to stick with Canning until the end of the season or beyond the least they can do is bring in someone with experience to assist him. It's blatantly obvious that he's struggling just now. There must be some old pro out there looking for work that could help guide him until the end of season. It would mean an extra wage but surely the prize money of finishing in a higher league position would cover the cost.
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Re: Finances

Postby Accies4ever » Mon Mar 23, 2015 9:28 pm

Yer Sisters Yer Maw wrote:If the board are planning to stick with Canning until the end of the season or beyond the least they can do is bring in someone with experience to assist him. It's blatantly obvious that he's struggling just now. There must be some old pro out there looking for work that could help guide him until the end of season. It would mean an extra wage but surely the prize money of finishing in a higher league position would cover the cost.


I could live with that idea as a compromise, only if the "old pro" was the manager until a period where it was felt that Canning had the confidence and experience to take the reigns again.
I'd still get Swailes to f**k.

However I feel this would simply be papering over the cracks.

I just don't feel Canning has it in him.
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Re: Finances

Postby porcupine » Mon Mar 23, 2015 11:55 pm

Let's just stick to the finances, rather than another thread about Canning's capabilities. There are enough of these running already!!!! :roll:

Here is a chart showing the distribution payments for 2014/15 in the SPFL, relative to final positions.

Pos % due Paid Aug 2014 Paid Dec 2014 Paid April 2015 Balance due - August 2015
1 13.4 £600,000 £75,000 £300,000 £1,437,000
2 9.6 £600,000 £75,000 £300,000 £753,000
3 8.25 £600,000 £75,000 £300,000 £510,000
4 7.25 £600,000 £75,000 £300,000 £330,000
5 6.75 £600,000 £75,000 £300,000 £240,000
6 6.25 £600,000 £75,000 £300,000 £150,000
7 5.75 £600,000 £75,000 £25,000 £335,000
8 5.5 £600,000 £75,000 £25,000 £290,000
9 5.25 £600,000 £75,000 £25,000 £245,000
10 5 £600,000 £75,000 £25,000 £200,000
11 4.75 £600,000 £75,000 £25,000 £155,000
12 4.5 £600,000 £75,000 £25,000 £110,000

Call me a conspiracy theorist, but this suggests that being in the top six will pay out £300K in April. (It doesn't say a date, but let's assume that it's at the end of March). Thereafter, finishing 7th at the end of the season pays out more of a final payment in August,than finishing 4th. Finishing 7th,8th,9th or 10th pays out more than finishing 5th or 6th!!!

OK, there is a swing of £275K on the interim April payment, but it seems possible that a team could pick up the £300K April payment by being in the top six before the April payment is triggered, then tumble down the league positions in free-fall to 7th, 8th or 9th and still be financially better off than finishing 5th. Even 10th is better off than 6th, if the team had been in the top six before the April payment was made.

Get your calculators out, lads, and double check the figures. It will generate a load of new topics, should this be factual :geek: :geek: :geek: :mrgreen: :mrgreen:
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Re: Finances

Postby Accies4ever » Tue Mar 24, 2015 12:07 am

The payment would need to be conditional on who gets top 6 and who doesn't at the split, otherwise it just wouldn't make sense.
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Re: Finances

Postby H9crx » Tue Mar 24, 2015 8:38 am

Is this to balance out the loss in gate money?
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Re: Finances

Postby H9crx » Thu Mar 26, 2015 2:55 pm

Lynch was a gr8 use of money by the club! JR's wage on average was also a wast.
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