by porcupine » Thu Feb 04, 2021 8:25 pm
Here's some clips from the above Lanarkshire News interview link that TT posted and which may be worthy of some more discussion as to their veracity.
Q.Hamilton only generated £95,856.76 after tax from season ticket sales last season, is that indicative of the finances generated by the club through that avenue and why tickets are given away?
A.“We give away as many tickets to charities and comps as we have supporters. Obviously if we had more supporters on the ground, we’d have less tickets to give away to the charities.”
That suggests Season Ticket Income was approx £119821 inc 20%VAT. Roughly 4/500 including full price and concessions. Could be correct, but no apparent way of seeing that in the accounts.
Q. You’ve estimated that the figure that sponsors invest due to the charity is over £300,000..
.
A. "It’s due to the corporate social consciousness. The money these sponsors put in are in the accounts so it’s there for everybody to see.
Really? I must have missed that!
All of our accounts are available online so it’s not like our financial record should be a secret to our supporters.”
Once again, Where?
A. “If the charities were to leave the club then we wouldn’t be in such a strong position. The turnover would drop by another £300,000 pound so of course, we’d be in a worse position.
“The attendances would be down by a few hundred which would look terrible and all this to appease eight keyboard warriors?
Could TT & I be two of the keyboard warriors for seeking transparency on such statements made?
“I’m the chief executive, I’m the financial director and controller, I'm the head commercial salesman and I’m entrusted by the board to handle all the non-footballing roles.
“I’m one of the owners of the club who have put in place a board of directors with over 200 years of football experience. I’ve always explained that my football knowledge is limited.
“The bottom line is that when we came here with Jim Watson, the club wasn’t in a position to pay the wages.
"I’ve got business abilities in crisis management and I assisted to sell a bit of our ground to Morrison’s to balance the books.
The land that we sold to Morrisons was responsible for the employment of hundreds of local people.
Impressive Qualifications. Does it not beg the question on how we were scammed for close to £1M pounds then, with all that experience?
And, how much did this historical land sale to Morrisons raise for the Club which then resulted in hundreds of jobs?
“The people who criticise us forget that before we got here, we were three points off the bottom of the old second division.
Thats the Championship, then? Or is it Division One?
Q.There have been accusations that you prioritise the charity work over the on-pitch performance, how would you address those claims?
A.“The fact that Hamilton Accies have spent ten years in the Premiership indicates where our priorities lie.
“We control everything and it runs beautifully. There is a board of directors in place to run the football side of things and I assure you that everything else runs smoothly.
“For me personally, I’ve enjoyed the challenge of turning round the clubs’ finances from ruin to becoming a Premiership club.
"I assure you that everything else runs smoothly"
Really? If so, that's good to know the football stadium company is in safe hands!!