Norgethistle
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Posts posted by Norgethistle
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19 minutes ago, Jordanhill Jag said:
For at least half of 22-23 Fans had become disillusioned with the Club and has stopped coming - there was a large bounce from the Play Offs which kept going into this Season- so it had zero to do with Club Strategy
Anyway - its a case of “ nothing to see here- please move along” the Grown Ups on TJF & Club Board have it under control
( As long as there is Money from America)
and we will promote nice PR Stunts like HGT -but dont dare ask for decent Female Toilets -as the Adults on the TJF & Club Boards don't think its important - just keep paying your money
Jim you were at the AGM I believe they also mentioned season ticket numbers are up over 10% this year compared to last so that shows better forecastable income.
the point in toilets is fair, but directly does not generate more cash, better and more usage of hospitality areas (especially outside match day), does.
The club had to seek external funding to plug gaps, have cash flow and to put into projects that would hopefully generate more revenue otherwise we’d go out of business or have to cut budget so much we’d be at wrong end of table which would see lower crowds, lower revenue and greater impact on cash flows.
This is the start of a stability process that isn’t fixed over night. The income from investment allows to keep playing side attractive to fans without also having to decimate the operations side effectively impacting match day experience.
It needs time, and if you think any of TJF are not challenging the board you couldn’t be further from the facts. We challenge when it’s needed but we also support when needed too. -
8 hours ago, javeajag said:
They did , they also said they were confident he would stay and were not planning to lose any players in the window and add only two. Maybe the speculation they have lots of money is we’ll just speculation.
Not necessarily on a monthly basis it’s not.
Guaranteed a job for 17 months vs a job for 5 months
That’s apparently what swung it
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On 1/8/2024 at 3:37 PM, javeajag said:
The statistical evidence that matters is getting promoted. If we keep those stats and are in the championship next year then it’s failure ( cue posts of people telling us why nit getting promoted is actually a great outcome )
Not if we win playoffs.
We are comfortably 3rd , 9 points off top, 6 of second and 10 points off 5th.
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22 hours ago, javeajag said:
Read the thread.
No one is saying that, folk are stating we are performing well / better than was expected after losing 4 key players and cutting the playing budget
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15 hours ago, javeajag said:
And it still is …..
As is every team in league bar Dundee United. Every club bar them are losing a goal or more per game average this season, United a goal per 2 games.
Raith have conceded 6 less than us, but also scored 4 less than us.
Are defences worse this season or attacks better?
Only 3 teams have a positive goal difference
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I’m Just glad to be back at Firhill tomorrow. Looking forward to a 2-0 Jags victory
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5 minutes ago, Duke Gekantawa said:
Actually we have progressed a little from last season. Last year we finished fourth with a ppg of 1.58. Right now we are (comfortably) third with a ppg of 1.68. Not earth-shattering I grant you, but a measurable, real improvement. And almost certainly achieved on a smaller budget.
Actually at half way stage last season we had 1.5 PPG (27points from 18 games).
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32 minutes ago, javeajag said:
Correct….land the issue is whether the difference in finances are sufficiently large to in itself to make a huge difference in performance and between us and Raith there is no evidence it is.
but let’s not focus on team performance, player recruitment or management.
None of these teams were putting out financial Armageddon statements prior to season start, we were.
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2 hours ago, javeajag said:
But let’s forget the extra cash the play off also generated …..
Barely generated anything as it gets split between all the teams
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On 12/29/2023 at 11:20 AM, Fawlty Towers said:
2 home games to start 2024 and tickets for both are now on sale:
https://ptfc.co.uk/ptfc-news/tickets-on-sale-for-our-opening-games-of-2024/
Both are also being streamed for those that cannot make the games and can be watched within the UK:
https://ptfc.co.uk/ptfc-news/streaming-information-for-two-upcoming-home-games/
Need to either leave work early to watch the Queens Park game or watch it in my office as we are back to work on the 2nd in Norway, before I fly in on the 4th for Arbroath game
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We are in a bit of a transition season, stabilizing finances, bringing a new manager in, and been up against it on transfer window being a month later than our competitors due to playoff plus lack of cash.
I think top a playoff position is a good season so we are achieving, whilst some of the signings (most were loans) may not have performed that’s probably due to us scraping together a team rather than getting who we actually wanted.
United, Raith and to an extent Ayr are being cash rolled by their owners, and Queens have cash to burn but reluctant this year to overspend like last year we are probably behind these 4 and potentially Dunfermline on budgets, but hopefully we are now living within our means or getting closer to it, so being 3rd (2 places higher than this time last season) is above my expectations for this year.
Weve played great at times and poor at times, but won more than lost so generally happy with progress, hopefully in summer Doolan can get a decent transfer window, as I imagine this one will all be about moving out to move in.
The investment helps us secure our finances, cash reserves and cash flow, I don’t imagine it gives a £500k transfer window, that would be totally irresponsible. Overall I think the club is starting to move in right direction, fan base up, foundation members up, good young players coming through, and in my opinion a good young manager at the helm, who needs time.
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2 minutes ago, javeajag said:
He doesn’t have to throw anyone under the bus just give a realistic assessment of how we did which the players seem to be able to do. His post match comments last night are crazy.
He stated we were crap first half, couldn’t pass and couldn’t get a foot on the ball, but improved in second half.
What went wrong he was asked “we lost 3 goals” is fair enough
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2 hours ago, javeajag said:
It’s becoming a concern that the post match interviews from the players are much more honest and realistic than the nonsense Doolan talks….maybe they could have a word with him.
Perhaps he doesn’t want to publicly throw the players under the bus, but would prefer to do that in the dressing room
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Usual nonsense post by the original poster
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God Jul alle sammen
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An absolutely superb article, and good to see the stadiums used are still there (Bislett has been completely remade and is no longer gravel), I’ve been to 3 of them.
Not only would the sea journey have taken nearly 2 days back then, but the journey from Bergen to Oslo was around 12 hours then, the team would have spent almost 2 days on the road (rail and sea) before playing their first game the next day (or that day if they took sleeper from Bergen to Oslo). I can’t imagine today’s players accepting that.Of the teams we played, both Vållernga and Brann are still top tier, Lyn are 1 league down and the others have had a decline in fortunes since the 20’s and 30’s (where they challenged for cups and titled) and are now 4th or 5th tier.
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49 minutes ago, Jaggernaut said:
Although today's match is at our "home" ground, I believe that we're officially the "away" team. Am I right in thinking that there'll be no live free stream for this one?
Its on BBC Sport website as a stream
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On 12/11/2023 at 3:36 PM, partickthedog said:
Yes!
PS Good to see you at Kirkcaldy on Friday!
Always good to see you again, was hoping mine had turned up at my Dads prior to me setting back to the frozen north yesterday, but alas it’ll need to collect them when back for Arbroath game
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Has anyone received theirs through the post yet?
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6 hours ago, Lenziejag said:
I think the biggest impact of the result on Friday could well be psychological. Getting 2nd spot now seems like a long shot. Doolan has a big job to keep them motivated to ensure that is where we finish.
With our budget and squad, 3rd or 4th is probably where we should be.
Dundee Utd and Raith not only have spent a lot, but have also kept together a squad, whilst we have had to rebuild massively in summer after all the financial issues came to light, also not being able to do anything till playoffs were over as we did not know what league we would be in, that applies to getting players in and retaining those he hoped to.
I think making playoffs is the goal this season, going up through them or getting 2nd is a bonus
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10 hours ago, Jordanhill Jag said:
1. As stated there was a shortfall in finances due to an inherited budget
2. That would indicate that the overhead against income was massively out of sync from the previous Board
3.Applying logic then there would be opportunities to reduce the inherited overhead - as it was obviously too high - a 10% reduction is not a high bar to achieve
4.Ive stated that the previous Non Playing overhead in past years in the Championship - was circa 50% of what it was in Jan 23
5.The Club turnover is that of an owner managed business - where the owner runs multi facets of the Business Hands On - so the Directors of a small organisation should have the Skill Set to actually do hands on roles at the Club- as opposed to employing staff to do then - do we have a Board of Directors or a Committee ?
6.Your going bust - you look at the cost benefit of everything you do at the Club outside Stadium - H&S & Matchday
if the numbers don't stack up ref Hospitality& your actual profit as a return - you cut it
Im not sure what TJFs role is these days - your a Major Shareholder - your job is to hold Boards to Account -not be there apologists and enablers - by bailing them out
the key issue is thus “OPM” - other peoples money - if the Club was the Boards own Business - if it was there money - they would run it with minimal overhead - minimal staff - its not so they can play with it - however I repeat we were going bust - questions have to be asked -and TJF are clearly not willing to act like a proper shareholder
Ask yourself thus - if PTFC was a family owned business - if the persons house was Security against any Business Loans - if there was a threat of the Business Going Bust - do you think the Business Owner would be able to find 10% Savings in the Company overhead ?
I’ve seen to often in my career knee jerk cuts due to finances which actually do more long term damage than good.
Covid saw so many skilled guys laid off, now shops can’t compete as they can’t re-recruit as the skills have moved or been lost so they are now struggling to be competitive on lead time or quality or cost (as they have to poach skilled operators).
Even if hospitality is merely a break even, whilst it doesn’t make club cash it generates good will towards fans and current sponsors and generates potential new sponsors.
If the office doesn’t function the club can’t function and generate current or future income, a lot of these roles are volunteers.
We need physios, sports science, catering etc for the team or players don’t perform to their optimal.
Match day staff are required and a lot are volunteers.
Kids go free season tickets generate the next generation of fans as can be seen in JLS last and this season.
Players are on contracts negotiated and signed before the financial issues came to public light.
Im struggling to see what could be cut mid season that wouldn’t actually cost us more money (contracts) or massively impact the ability to actually operate
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32 minutes ago, Jordanhill Jag said:
Based on previous % of Non Playing overhead -when we were last promoted - rough guess it could have been reduced by around a half - if your going bust -you make do -and only have the bare bones to comply with what you need to do to put a game on every two weeks - anything above that is choice
Our last accounts had turnover as £2.47million with wages of £1.8 million
with a playing squad of 26 that’s takes a very big % of that. And what of that could have been removed, they are contracted till May or further, can only go if you can sell or loan them out.Whilst 74 other staff, that includes staff who get a shift a fortnight (hospitality etc) .
Do we lay off hospitality staff and lose that income stream?
Physios and hope players don’t get injured?Players and hope we stay up after paying their contracts out?
Explain what could be cut in January that would not have actually cost us more in the mid to long term (relegation).
Stopping more spending and bringing extra cash in was only option available
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1 hour ago, Jordanhill Jag said:
Half the current Board were there when the Scale of the Financial Black Hole was identified - the immediate reaction of any Board to stop you going bust is to make drastic cuts on every level - this didn't happen - we did not cut the Cash Burn
Without Alastair Creevy we could not pay the Wages for the last few Months of the Season - he didn't appear until circa April
Only Luck of having someone like him stepping in at the last minute -stopped us from going bust & it was Smillie that approached him
So based on actions when we were in dire straights - I will make my judgements on SkillSets - if you cant reduce costs when your going bust - there is little incentive to do it with the USA & TJF Cash being handed to you
if we had cut the Cashburn in January - we may not have needed as much as £500k as a back up
the Fans Raising £120k each year simply removes responsibility from the Board of Running a balanced budget - the £120k should be the Icing on the Cake - Not the Actual Cake itself
in a Business -Revenue is difficult to forecast ( even harder in Football) however you can Control overhead with certainty
TJF money should be a buffer - not part of your Fixed Revenue Forecast otherwise why would you try & reduce overhead ?
Our biggest cost is players wages, our other staff costs will be tiny compared to playing staff.
So what specific cuts would you make half way through the season as all players were on contracts? -
1 hour ago, Jordanhill Jag said:
We have significantly higher staff numbers when we were previously in the Championship
Not paid staff members or full time staff numbers we don’t
Club AGM
in Main Jags forum
Posted
Jim if hospitality suites can be used more than twice a month as they stated they are looking into then that could double or treble the hospitality revenue.
Gaining or retaining fans is of course where we all want to get to, results on the park help more than anything else on that matter hence not butchering the budget completely.
Season ticket means guaranteed income, not hoping we get those extra 300 walk up fans, they have already paid and hopefully they bring friends.
Im not disagreeing with fixing toilets, they are overdue, but the other initiatives pay for these if done right