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| Quote ="SmokeyTA"That’s lovely, Still wrong and still missing plenty, and still speculating, and still utterly useless but lovely all the same. Ill point out the most obvious flaw in your workings. Its one I have pointed out to you before. The £900k investment from Omar Kahn covers this year and next. Not this year. It isn’t a difference in investment between this year and next, it is an investment which covers BOTH this year and next.
'"
Its difficult to see how that can be the case when it has already been disclosed that he has put in £840k this year already plus a £200k+ loan from the council and they still have a significant cash shortfall. Unless other income increases significantly, or costs are cut, then this reported £900k isn't going to cover the deficit all things being equal.
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| The 840k isn't just for this year though. It's from when he took over last August. Wages from then til start of this season takes 600k of it and it also covers purchase price of club,150k, and refurbishment of corporate stand.
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| Quote ="Derwent"Its difficult to see how that can be the case when it has already been disclosed that he has put in £840k this year already plus a £200k+ loan from the council and they still have a significant cash shortfall. Unless other income increases significantly, or costs are cut, then this reported £900k isn't going to cover the deficit all things being equal.'"
That £900k isn’t to cover the £840k he has already put in. Its in addition. It’s a £1.7m investment over two years. Not a £1.7m investment in year one, leaving a shortfall year 2. Also, the important thing is, all things aren’t equal. Your first year always has some additional start up costs.
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| Quote ="Derwent"Gutterfax, the income from Sponsorship, Season Tickets, Walk up admissions, Club Merchandise, Matchday catering and drinks is all subject to VAT. You'd therefore need to divide by 1.2 to reduce these accordingly to reflect the net income after stripping out the VAT which doesn't belong to the club.'"
Strip it out, spend it and keep quiet
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| lol, like anyone knows what a clubs income is! Good guesswork though, about as credible as me guessing what Warrington spend on players salaries!
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| There are plans to bring more income into Odsal with the return of Speedway next year,also the possibility of Stock car racing returning in 2015.
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| Quote ="davetrin"There are plans to bring more income into Odsal with the return of Speedway next year,also the possibility of Stock car racing returning in 2015.'"
I heard a rumour that they're even planning to start playing Rugby League there soon.
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| Quote ="JB Down Under"lol, like anyone knows what a clubs income is! Good guesswork though, about as credible as me guessing what Warrington spend on players salaries!'"
Warrington spend to the cap
Before this got dragged into guesstimate central, the simple and quantifiable facts were that Bradford had no money, even after their owner had initially invested 840k earlier in the year and after the receipt of a further 200k in loans from the council.
The new 900K, regardless of what people want to believe regarding how long it will last and when it is meant for, has already seen 200k of it swallowed in backdated late wage payments. There will be further wage payments due and the only other identifiable income between now and then will be from the 3 remaining home games....2 of which that are against Catalans and London...traditionally the lowest 2 gates of the season and Huddersfield.
Ticket sales, shop sales and Pies, programs and ale are the main sources of income....and if the 3 games deliver an on-average attendance figure then about 7,000 fans will pay at the gate for these games in total...if they every man jack of them buy a 25* quid ticket and spend another 25 quid each in beer and gear (from the shop) then that's 350k or 280k after you've given the tax man his VAT.....couple that with the remaining 700k of OK's investment and you have a Million quid left.
* Bradford are offering tickets for a fiver to the Catalans and London games...but we'l play nice and stick with 25 quid tickets
September, October, November, December and January wages will put paid to that Million.....before you start the 2014 season.
2013 will have been completed with 1.74 million from the owner and 200k from the council and pretty much no money left at the end of it.
2014 should be a cracker
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| People didn’t learn their lesson last time, and it was only a week ago. They will continue to death-ride Bradford and believe it is on the verge of falling over because if they didn’t they would have to accept they were shooting their mouth off about something they not only didn’t, but clearly couldn’t, know enough about .
Keep it up, if you continue to tell us this or that club is about to die, eventually you will be right and you can pretend you were right all along and your heart will be filled with message board kudos and respect.
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| It has come out today that OK can't keep bankrolling the club and they need further investment. If that's not proof that the latest amount he's put in won't be enough then I don't know what is.
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| Oh I don’t know, them requiring further investment and OK not providing it would almost certainly be a better example.
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| Quote ="LifeLongHKRFan"It has come out today that OK can't keep bankrolling the club and they need further investment. If that's not proof that the latest amount he's put in won't be enough then I don't know what is.'"
No, it hasn't come out TODAY. It came out when he took over the club 12 months ago. He said himself at the time that he didn't have vast pockets to keep throwing money at the club in the way chairmen at other clubs are able to.
The story in the T&A is more to do with trying to guilt a few of Bradford's armchair support to get off their backsides and up to Odsal.
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| Quote ="SmokeyTA"Keep it up.'"
[urlhttp://www.thetelegraphandargus.co.uk/sport/sportbulls/10598255.Bradford_Bulls_owner_Khan_risks__losing_everything__without_help/[/url
I am so full of eh?
They relied on fans for 2013 and they are doing so again for 2014......remind me again how that's panned out for them?
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| Quote ="gutterfax"[urlhttp://www.thetelegraphandargus.co.uk/sport/sportbulls/10598255.Bradford_Bulls_owner_Khan_risks__losing_everything__without_help/[/url
I am so full of poop eh?
They relied on fans for 2013 and they are doing so again for 2014......remind me again how that's panned out for them?'"
Well, that' not actually what the article says now, is it? The article is a fairly plain attempt at a guilt-trip for those stay away and armchair supporters, to get them to get off their butts and into the stadium. But I wouldn't expect you to actually acknowledge that as you're very selective in what facts you chose to take on board and those that don't support your arguments tend to get discarded in favour of ones that do. Or failing that, you make estimates based on half-truths, whispers and plain old making stuff up then presenting it as fact.
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| Quote ="roofaldo2"Well, that' not actually what the article says now, is it? The article is a fairly plain attempt at a guilt-trip for those stay away and armchair supporters, to get them to get off their butts and into the stadium. But I wouldn't expect you to actually acknowledge that.'"
seriously? Exactly what part of...
Quote They relied on fans for 2013 and they are doing so again for 2014'"
...doesn't acknowledge their begging fans to come back?
2013 delivered 6,500 ST holders.....the entire business plan for 2014 is centred around 10,000....54% increase....it'll take more than a begging letter in the local rag methinx
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| Quote ="gutterfax"... methinx ...'"
Well, I suppose I can't actually rule that out completely. But the evidence strongly suggests you don't.
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| Quote ="gutterfax"seriously? Exactly what part of...
...doesn't acknowledge their begging fans to come back?
2013 delivered 6,500 ST holders.....the entire business plan for 2014 is centred around 10,000....54% increase....it'll take more than a begging letter in the local rag methinx
'"
See? You're quoting yourself and passing it off as fact. That's what I said you'd do, and you did it.
But not only that, you do it again with something new. Where does it say in the article that the entire business plan for 2014 is centred around 10k season tickets? Please, quote the article, not yourself. Just because YOU say it, does not make it fact.
Here, let me get you started with a few things that go against your self invented "facts" because you may have missed them. Or just downright ignored them, which seems the more likely scenario.
Quote According to Sutcliffe, the Bulls have several “irons in the fire” regarding potential investment but said supporters =#FF0000could play their part by turning out in force.'"
Did you notice the word "could" in there? It doesn't mean the same as "need to" or "must". It means, it would be good if they did.
Also, "several irons in the fire"? What could that mean? Could that be other revenue and investment streams that gutterfax doesn't know about? That can't be the case now, can it? I mean, his figures become solid fact once he's made them up.
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Welcome news for the Bulls. Without this I'm sure they would have been in the mix to be relegated at the end of next season due to their money concerns.
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Welcome news for the Bulls. Without this I'm sure they would have been in the mix to be relegated at the end of next season due to their money concerns.
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| Quote ="gutterfax"[urlhttp://www.thetelegraphandargus.co.uk/sport/sportbulls/10598255.Bradford_Bulls_owner_Khan_risks__losing_everything__without_help/[/url
I am so full of poop eh?
They relied on fans for 2013 and they are doing so again for 2014......remind me again how that's panned out for them?'"
Either you are full of or didnt read past the headline.
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| Gutters won't be happy, he'll have to do a whole new set of workings out!
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| Great news! Says a six figure sum in each of the next 3?years. Brilliant news and another major company on board!
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| Quote ="SmokeyTA"Either you are full of poop or didnt read past the headline.'"
I'm thinking "both of the above"
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| Well, I think that's pretty much ended that then.
Mods, I think you'd be safe to lock this thread away
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