Academy funding

[jimmyboldon]

To avoid academy funding being part of other threads.
This is how I interpret the C Grant podcast. Have you listened yet Mike, or are you just going to respond without either listening to it, or reading this, then rely on other’s word, and just paste previous answers ?
Mike is correct, we do not know the cost of the academy.
But, does it matter? As I think I understood the podcast, half is paid by the PL.
only 50% of our income can be used for team/player related expenses (transfers and wages). I would suggest that we use all of that 50% on wages and fees.
So, no money available for players is actually diverted to pay for the academy.
The academy appears to be funded by the directors. If you were to listen to the podcast, you would hear that we lost £1 million last season, funded by the directors
Personally I think the current board are playing a blinder.
LLTA.

[MikeSB]

To avoid academy funding being part of other threads.
This is how I interpret the C Grant podcast. Have you listened yet Mike, or are you just going to respond without either listening to it, or reading this, then rely on other’s word, and just paste previous answers ?
Mike is correct, we do not know the cost of the academy.
But, does it matter? As I think I understood the podcast, half is paid by the PL.
only 50% of our income can be used for team/player related expenses (transfers and wages). I would suggest that we use all of that 50% on wages and fees.
So, no money available for players is actually diverted to pay for the academy.
The academy appears to be funded by the directors. If you were to listen to the podcast, you would hear that we lost £1 million last season, funded by the directors
Personally I think the current board are playing a blinder.
LLTA.

You seem a bit more polite....You normally go for my throat!

I have never ever listened to a Podcast, what are they? Nothing on youtube re CG re above?

Thanks for adding the rule about club revenue and limits on how it can be spent..

[jimmyboldon]

You seem a bit more polite....You normally go for my throat!

I have never ever listened to a Podcast, what are they? Nothing on youtube re CG re above?

Thanks for adding the rule about club revenue and limits on how it can be spent..

Think I have made the point about income and player funding before.

[jimmyboldon]

Try this Mike.
https://shows.acast.com/the-railwaym...85576657565cbc

[MikeSB]

Try this Mike.
https://shows.acast.com/the-railwaym...85576657565cbc

Thanks JB, just played it all and it was very interesting...He was very good actually..The Directors have to find one million pounds per season to cover the losses...it was a surprise to learn the club has to pay half of the academy costs and as you said. Only half the revenue can be spent on players...Also a surprise that Luke Offord was on a wage much much less than the other players and just wanted to move on for a different challenge in the close season and so these players are not just about wages but something new..What was also interesting was the possible move to a new ground in the centre of town where the big hole is now...HS2 abandonment spoiled any further discussion, although its still quite possible to come to just Crewe from Brum....

I have rescinded my suggested loss of interest in the club and its back on again...Up the reds!!

Up the academy!

[jimmyboldon]

Up the academy. Really?
Glad you enjoyed it and it was informative for you.
The Jack Powell one is good too

[lukcour]

Mike your last sentence is the most important one concerning the future of our club. However the Board and all of the posters on here completely ignore this problem. Unless there is a natural progress from the under 18s to the under 21s and on to the 1st team the system does not work.

[gazan]

Plus, of course, as has been pointed out before, a lot of the U21s were playing for the first team and the 18s were playing for the U21s etc due to injuries in the first team

[lukcour]

And yet more convenient excuses. Do you have a library of them? BE careful is it too many posts or are your excuses becoming repetitive

[jimmyboldon]

And yet more convenient excuses. Do you have a library of them? BE careful is it too many posts or are your excuses becoming repetitive

Really, an excuse?
If you have listened to our chairman, it’s a fact.
Death, taxes and Luckour abusing Gazan.