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Thread: Money Spent in the Summer 2024 by the Club

  1. #21
    I agree ELK, but I can't see it happening.

  2. #22
    Join Date
    Nov 2018
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    Would any prospective buyer buy a football club if the stadium wasn?t in the deal , why would they? How much would rufc be worth with limited assets.

  3. #23
    Join Date
    Jan 2005
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    4,725
    Quote Originally Posted by HensonsPRman View Post
    Ulley great post that really captures where we are. We have been over achieving and through bad management have not used some of the rewards of over achieving to get our infrastructure in order both at our training base and in the backroom structure. Without the correct foundations we will not thrive.

    My concern is that as TS is getting older his son gets more influential in running the family business and he clearly has no interest in football. As well as ASD lighting the family business is diversifying into property developing, the land at Bawtry Road, once ear marked for a training ground, now has a planning application in for circa 160 houses, the hotel development on the Guest and Chrimes site is another example of the direction of travel. Now all these sites are owned by RUFC Estates as is the New York stadium, but that is a company separate to Rotherham United Football Club.

    The question I would like to ask TS is what are the succession plans for Rotherham United, is Richard going to take control, is the plan to sell the whole business including RUFC estates, or will the Stewart family take the proceeds from the developments and sell Rotherham United as a separate business without the stadium.

    So will we be back where we started when TS took over a football club with no assets and no ground?

    Forget the transfer window, there is a much bigger concern than that for those that open their eyes.
    This^^^^^

  4. #24
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    Nov 2018
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    Just as a follow on with my earlier post I remember Coventry having a similar arrangement regarding renting and I also remember them having to play at Northampton for a season because of some sort of dispute.

  5. #25
    Join Date
    Mar 2004
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    28,862
    Quote Originally Posted by Stovicmiller View Post
    Would any prospective buyer buy a football club if the stadium wasn?t in the deal , why would they? How much would rufc be worth with limited assets.
    I've said on a couple of posts, with it's current liabilities (in the human and financial sense) and with no tangible assets other than having FL membership and being ranked around midway in the EFL league hierarchy, I'm not sure I'd part with even one of my English pounds for RUFC.

  6. #26
    Quote Originally Posted by CAMiller View Post
    I've said on a couple of posts, with it's current liabilities (in the human and financial sense) and with no tangible assets other than having FL membership and being ranked around midway in the EFL league hierarchy, I'm not sure I'd part with even one of my English pounds for RUFC.
    On your financial point, the academy costs money and produces nothing and the club has quite a few back room staff that have no direct connection to the on pitch activities.

    Maybe cull is needed to divert funds to true on pitch activities?

  7. #27
    Join Date
    Mar 2004
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    28,862
    Quote Originally Posted by Grist_To_The_Mill View Post
    On your financial point, the academy costs money and produces nothing and the club has quite a few back room staff that have no direct connection to the on pitch activities.

    Maybe cull is needed to divert funds to true on pitch activities?
    Unfortunately we also have one member of staff who does have a direct connection to on the pitch activities (but you wouldn't really know it) whose wage would probably pay for 15 of those back room staff.

  8. #28
    Quote Originally Posted by CAMiller View Post
    Unfortunately we also have one member of staff who does have a direct connection to on the pitch activities (but you wouldn't really know it) whose wage would probably pay for 15 of those back room staff.
    Would he be a nominee for league 1 manager of the month for January?

  9. #29
    Join Date
    Dec 2005
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    5,316
    Quote Originally Posted by Grist_To_The_Mill View Post
    On your financial point, the academy costs money and produces nothing and the club has quite a few back room staff that have no direct connection to the on pitch activities.

    Maybe cull is needed to divert funds to true on pitch activities?
    Grist, i agree with that. Just look in the inside cover of the programme to find out just how many we actually have.......i've thrown it away or i'd count them for you...lol

  10. #30
    Join Date
    Mar 2004
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    28,862
    Quote Originally Posted by Grist_To_The_Mill View Post
    Would he be a nominee for league 1 manager of the month for January?
    No. He'd be a former 10M striker.

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