Our finances

[slack_pie]

It looks like a lot of lower-league and non-league clubs will be struggling to survive, with no fans allowed through the gates for the foreseeable future. And even when they are, loads will stay away while the pandemic is still headline news. I saw on another thread a link to a story about Dover Athletic, whose entire squad is available for free transfer. Surely a few others will be in a similar situation.

This got me thinking: what's the situation like at Notts? We know that we have what must be an expensively assembled squad for this level, and that our parachute payments will be cut in half. But do we have any idea about the backing that our owners can provide? I remember they said in an official statement that their commitment to the club was unwavering, despite the current crisis, and that they are here for the long term (thank god), but I wonder how careful we'll have to be with money over the next season or two.

It's clear that the owners want to run the club in a sustainable way in order to achieve long-term success and avoid the boom-and-bust approach that Hardy went for, and I'm all for that. But what's not clear is whether that long-term plan will be severely impacted by current events, or whether we can in fact capitalise on the situation.

For clubs that can afford it, now is the time to double down and invest. So many clubs will be forced to let go of their best players this summer, so there will be loads of talent available. Come the start of the season, it will be interesting to see how strong our squad will be compared to the current one.

[Glad2BeAPie]

It looks like a lot of lower-league and non-league clubs will be struggling to survive, with no fans allowed through the gates for the foreseeable future. And even when they are, loads will stay away while the pandemic is still headline news. I saw on another thread a link to a story about Dover Athletic, whose entire squad is available for free transfer. Surely a few others will be in a similar situation.

This got me thinking: what's the situation like at Notts? We know that we have what must be an expensively assembled squad for this level, and that our parachute payments will be cut in half. But do we have any idea about the backing that our owners can provide? I remember they said in an official statement that their commitment to the club was unwavering, despite the current crisis, and that they are here for the long term (thank god), but I wonder how careful we'll have to be with money over the next season or two.

It's clear that the owners want to run the club in a sustainable way in order to achieve long-term success and avoid the boom-and-bust approach that Hardy went for, and I'm all for that. But what's not clear is whether that long-term plan will be severely impacted by current events, or whether we can in fact capitalise on the situation.

For clubs that can afford it, now is the time to double down and invest. So many clubs will be forced to let go of their best players this summer, so there will be loads of talent available. Come the start of the season, it will be interesting to see how strong our squad will be compared to the current one.

Allegedly the brothers are backed by their extremely rich dad, so I wouldn't be unduly worried

[countygump]

Allegedly the brothers are backed by their extremely rich dad, so I wouldn't be unduly worried

I've heard this mentioned before. Have we any proof of this, however flimsy?

[Biker9999]

I've heard this mentioned before. Have we any proof of this, however flimsy?

Yes go on the internet and keep looking using the owners names. I found details of their fathers busineses which was complex through holding compsnies etc but it is clear we are looking at billionair status

[jackal2]

It's clear that the owners want to run the club in a sustainable way in order to achieve long-term success and avoid the boom-and-bust approach that Hardy went for, and I'm all for that. But what's not clear is whether that long-term plan will be severely impacted by current events, or whether we can in fact capitalise on the situation.

For clubs that can afford it, now is the time to double down and invest. So many clubs will be forced to let go of their best players this summer, so there will be loads of talent available. Come the start of the season, it will be interesting to see how strong our squad will be compared to the current one.

All the noises from the owners suggest that they can maintain the financial stability of the club through this difficult period, providing it doesn't go on forever. I would be surprised if we were in a position to "invest" as in spending more, but it could be that our owners will maintain the current budget or cut it less than other clubs at this level will have to do, which ultimately should still be to our advantage.

The bottom line though - literally - is that they need to do whatever they need to do to ensure the budget balances, because Notts fans know better than most what happens when it doesn't!

[nw6pie]

I wonder if this will impact Football Radar - a legal move being driven by none other than Russell “football genius” Slade:

https://www.skysports.com/football/n...-russell-slade

Still, if the Reedtz brothers are being backed by their billionaire dad, we should be OK. The only certainty from the coronavirus is that the super-rich will be unaffected (and will even increase their fortunes),

[sidders]

I wonder if this will impact Football Radar - a legal move being driven by none other than Russell “football genius” Slade:

https://www.skysports.com/football/n...-russell-slade

Still, if the Reedtz brothers are being backed by their billionaire dad, we should be OK. The only certainty from the coronavirus is that the super-rich will be unaffected (and will even increase their fortunes),

I disagree, NW6. Why should the Super Rich be unaffected? If unearned income is their main lifeline, even that will take a tumble. The basics of demand and supply will always apply and right now demand for most non-basic goods is nose-diving like a stricken aeroplane.

[upthemaggies]

There's nothing to worry about. Any Fword fan will tell you it only takes a few of their fans to chuck some loose change into a bucket to save Notts County. Who needs wealthy owners when we know we can rely on a handful of council estate r*d backs to keep us afloat.

[MagpieMike]

I disagree, NW6. Why should the Super Rich be unaffected? If unearned income is their main lifeline, even that will take a tumble. The basics of demand and supply will always apply and right now demand for most non-basic goods is nose-diving like a stricken aeroplane.

Hi Sidders, actually demand isn't nosediving, my business (which is B2 is thriving even during Covid, and I know many others are too. I'm not oblivious to the huge challenges many businesses and the economy as a whole face - just saying it isn't universally negative, despite what the press may say.

With regards to Notts, I agree that no-one has a bottomless pit of money, but so far it looks as though we are on a firm footing with our owners. I'd love to see us kick on from here and build a title winning team. I think we have the basis of it, and unlike many on here, I think we have the right manager.

[nw6pie]

I disagree, NW6. Why should the Super Rich be unaffected? If unearned income is their main lifeline, even that will take a tumble. The basics of demand and supply will always apply and right now demand for most non-basic goods is nose-diving like a stricken aeroplane.

Sorry, Sid, just saw this. Supply and demand just doesn’t apply to these people:

https://edition.cnn.com/2020/04/28/p...res/index.html