Where's the money going?

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UnitedinDevon
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Post by UnitedinDevon »

Southampton Gull wrote: 23 Feb 2024, 20:03 Edwards and Hayman were there today. If they dare to show their ugly mugs tomorrow I hope they get what they deserve. The sooner they slink off the better. Hayman has a lot to answer for and in time I will make sure everything comes out so people can clearly see the type of person she really is.
Both still working 'voluntarily'....

They've updated the FAQ section on the club website to confirm this
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Post by wbw »

If everyone leaves without replacement, there's no club. Someone has to do the jobs until the next donor is installed
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Post by wbw »

Wages need paying next Thursday. The gate money from todays game, excluding ST fans, won't begin to cover them.
UnitedinDevon
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Post by UnitedinDevon »

wbw wrote: 24 Feb 2024, 12:47 Wages need paying next Thursday. The gate money from todays game, excluding ST fans, won't begin to cover them.
What is the current point of your posting?

Is this some WBW solicitor account? Posting rumour as if fact

I can think of what the wbw could stand for
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Post by Southampton Gull »

UnitedinDevon wrote: 24 Feb 2024, 12:50 What is the current point of your posting?

Is this some WBW solicitor account? Posting rumour as if fact

I can think of what the wbw could stand for
:goodpost:
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wbw
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Post by wbw »

Just making the point that now Osborne has been drummed out of the club and that has been heartily approved by some, that the salaries need paying next week or admin beckons.
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Post by Taelee73 »

WBW, how do you know today’s extra 2000 odd supporters won’t be enough to pay the wages? Do you know the ins and outs, especially with Johnson, Hanson, Edwards etc now off the bill?

2000 x £10 = £20,000 extra.
2000 x £15 = £30,000 extra.
2000 x £20 = £40,000 extra.

If this income buys us another week of time, then it’s precious money I’m grateful for.
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Post by wbw »

Taelee73 wrote: 24 Feb 2024, 13:27 WBW, how do you know today’s extra 2000 odd supporters won’t be enough to pay the wages? Do you know the ins and outs, especially with Johnson, Hanson, Edwards etc now off the bill?

2000 x £10 = £20,000 extra.
2000 x £15 = £30,000 extra.
2000 x £20 = £40,000 extra.

If this income buys us another week of time, then it’s precious money I’m grateful for.
Sorry mate, but you really are clueless if you think any of those amounts will even get close to covering a month's wages at a full time professional football club.
And you really think that the people you mention will not get paid?
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Post by Chelston TUFC »

wbw wrote: 24 Feb 2024, 15:35 Sorry mate, but you really are clueless if you think any of those amounts will even get close to covering a month's wages at a full time professional football club.
And you really think that the people you mention will not get paid?
What do you think the monthly wages for TUFC are?
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Post by wbw »

In excess of £100k I would have thought
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Post by Taelee73 »

Johnson's last day of employment was Thursday, he left by mutual agreement , he wasn't sacked. His contract was most certainly up in May whatever.

Like I said, if that money gives us another week, it's beneficial. By your £100j, it has just given us at least a week more to find help. Players will except being paid weekly if it means they get paid
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Post by Colorado »

wbw wrote: 24 Feb 2024, 15:35 Sorry mate, but you really are clueless if you think any of those amounts will even get close to covering a month's wages at a full time professional football club.
And you really think that the people you mention will not get paid?
Calling someone clueless is not constructive.


Do you have any reliable data to support your contention?
If you do, please do share it.
That would be constructive.
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Post by leetufc »

wbw wrote: 24 Feb 2024, 16:34 In excess of £100k I would have thought
Pipe down until you have something useful or realistic to say
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Post by Colorado »

wbw wrote: 24 Feb 2024, 16:34 In excess of £100k I would have thought
Break that down for me.


Remember you just called somebody clueless.
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Post by gullsgullsgulls »

According to the 2022 accounts the club had an average of 54 employees in the year (up from 47 the year before). I assume this includes all players including any contracted youth players, management, directors, physio and admin/back office folks.

£100k a month (if this number is intended to reflect gross salaries for all employees, ex. NIC) would imply an average salary of £24k per employee.

Obviously some would be on much more and many on less, so it is really hard to judge, but this feels a little on the high side to me given the number of junior players and part time employees included within that number.
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