TS

[Godsend.F.C.]

If that is the case, our yearly wage bill based on an average 4k a week for a squad of 24, would be less than 5 million.So we have quite a bit of scope to improve certain players' contracts,knowing that the 7 million we receive from the EFL to offset increased wages leaves us with at least 2 millon to spend on futher improvement of the squad.

It's not as simple as that MillerBill. Footballers are on PAYE or at least they used to be unless it's changed over the years. The extra £2m would be swallowed up when RUFC have to pay HMRC.
Then there's National Insurance to factor in. As I said on an earlier thread / post not everything is black and white.

[Godsend.F.C.]

It comes down to turnover and in the past RUFC managed a pre-tax profit, can't offhand remember the season they managed it.

[welovebooth]

I've posted this before. Rumour has it that we pay £1m rent a year in the championship for NYS, and 50% less in Div 1.

No one has said what happens when "we" have paid the NYS debt off. Is this what TS is going to "invest"? Or maybe TS & family get their inheritance boosted? Who says buying a club doesn't pay?

As for buying shares at £1000, if TS agreed, this is very dodgy. I, with 57 others, put £1000 into the New Stand at Millmoor. D Coleman just ignored them when he took over, which was his right apparently. Would these shares be different and sound financially?
Shares in RU estates who own the ground would be a better investment....lol

Who do we pay rent to.

Oh the owner off club

[welovebooth]

It might surprise many on here but I actually liked Warne as our manager, he was a good fit for our circumstances

However TS kept him on too long

Yes I know keeping on a successfull manager to long it just doesn't make sence to the club or the fans.

I guess you will be happy when we don't achieve promotion from league 1 next season as the manager is newc

[howdydoo]

Who do we pay rent to.

Oh the owner off club

Who then pays said rent to pay off loans taken out to build the stadium.

[welovebooth]

Brin, you can spend £5 million at this level on a player and it doesn't guarantee anything.


The S6 reference. Our fans have short memories. Too much criticism and unrealistic expectations.

You can wake up healthy today but it doesn't guarantee you will tomorrow

You can wake up in a job today. But it doesn't guarantee yoi will tomorrow.

So what's your point

Only thing guaranteed is death and taxes

[welovebooth]

Who then pays said rent to pay off loans taken out to build the stadium.

Tony Stewart does.

He would rent or no rent.

It's just another way off him not having to dip into his pocket

[welovebooth]

Who then pays said rent to pay off loans taken out to build the stadium.

Who owns the ground if rufc gets sold or goes bust its not rufc.

It's a high stake buy to let agreement.

Don't confuse it with anything else

[frogmiller]

If that is the case, our yearly wage bill based on an average 4k a week for a squad of 24, would be less than 5 million.So we have quite a bit of scope to improve certain players' contracts,knowing that the 7 million we receive from the EFL to offset increased wages leaves us with at least 2 millon to spend on futher improvement of the squad.

Don’t forget the salaries of the manager and staff on top of all of the specialist at Roundwood.

Increased policing and security.

[avondalemiller]

The big difference between us and teams like Luton is they sold 2 players for a total £10M, we are famed for letting ours go for nothing when their contracts run down.
I said ages ago that any player not wanting to sign another deal should be put up for sale. It's great thinking that they could help us in the last year, but do they really care, knowing that they're jumping ship whatever happens.