If you were the organisation that owned the training ground and stadium, what profit have you made so far on your investment?
Has anyone worked it out yet? Steve. On 14 Sep 2012, at 18:58, "[email protected]" <[email protected]> wrote: > How much money has Bates personally taken out of the club? Do you know? > > Boxes bring in good revenue. The ground is being refurbed with borrowed > money - money that could not be borrowed to spend on players. > > Can't argue with the litigation - but even if you halved that, it'd not > make that big a difference. > > > Mark > > > In a message dated 14/09/2012 18:52:24 GMT Daylight Time, [email protected] > writes: > > > Maybe only 3% return cos he spent all the money on litigation, boxes and > lining his own pockets? > > > > > > > > > > ____________________________________ > From: "[email protected]" <[email protected]> > To: [email protected]; [email protected] > Cc: [email protected] > Sent: Friday, September 14, 2012 1:50 PM > Subject: Re: [LU] Spending on players > > > Goodness me, common sense on the list! > > The numbers seem to add up, given the constraints of having Bates in > charge. 50% of t/o on player wages, yet only 3% return. LUST proposes > upping > spending to 60% - which would push us into losses. > > Not seeing any practical ways to improve things here. Interesting to note > that Southampton, Norwich etc have used Ridsdalenomics to get out of the > championship - 90-100% of t/o on wages. Such is the benefit of an owner > with > deep pockets - ie NOT Ken Bates. > > Roll on next week. > > Mark > > > In a message dated 14/09/2012 17:14:39 GMT Daylight Time, > [email protected]_ (mailto:[email protected]) writes: > > That's the irony. Thrift is in every Leeds fan's blood, but they want > their > club to behave in direct opposition to their own instincts -- and this is > despite us still suffering from the legacy of the last chairman who did > exactly that. > > > Nigel. > > > > On 14 September 2012 11:58, dave walmsley > <[email protected]_ (mailto:[email protected]) >wrote: > >> One of the problems with the LUST statement about spending more on the >> team, is that it is easier said than done. It's not like a > manufacturing >> company buying new machinery to increase productivity. >> >> If I owned the club, (I wish!), I would spend very conservatively on > the >> team, hoping that I had a manager that could first prove to me he spends >> very well. Even then, I'd only let him spend well within certain limits. >> Other people may take more risk, and may achieve success more quickly > as > a >> result (or get into difficulty quicker). >> >> Prior to the banking crisis, the HSBC board, who were bankers born and >> bred, were often criticised for their very cautious approach by analysts >> and shareholders. Whereas other banks, who subsequently needed massive >> bailouts!, were run by people with little actual banking experience. >> >> Has the analyst who has "looked over" the accounts actually got any >> experience of running a football club, or even working within football > for >> a significant time? >> >> This really is irrespective of whether Ken Bates is the owner or not. > The >> bottom line, though, is that a cautious approach to spending on players >> cannot be easily criticised. >> >> _______________________________________________ >> Leedslist mailing list >> Info and options: >> http://mailman.greennet.org.uk/mailman/listinfo/leedslist >> To unsubscribe, email [email protected]_ > (mailto:[email protected]) >> >> PETE CASS (1962 - 2011) Rest In Peace Mate >> > > > > -- > _vectoria.co.uk_ (http://vectoria.co.uk/) > _concentrichron.com_ (http://concentrichron.com/) > -- > > Mindbrix -- Dream it, draw it, build it, love it > > 69 Derby Street > Beeston > Nottingham > NG9 2LG > > +44 7905 311 352 > [email protected]_ (mailto:[email protected]) > _www.mindbrix.co.uk_ (http://www.mindbrix.co.uk/) > Skype: ntbarber > _twitter.com/mindbrix_ (http://twitter.com/mindbrix) > _______________________________________________ > Leedslist mailing list > Info and options: > _http://mailman.greennet.org.uk/mailman/listinfo/leedslist_ > (http://mailman.greennet.org.uk/mailman/listinfo/leedslist) > To unsubscribe, email [email protected]_ > (mailto:[email protected]) > > PETE CASS (1962 - 2011) Rest In Peace Mate > > _______________________________________________ > Leedslist mailing list > Info and options: > _http://mailman.greennet.org.uk/mailman/listinfo/leedslist_ > (http://mailman.greennet.org.uk/mailman/listinfo/leedslist) > To unsubscribe, email [email protected]_ > (mailto:[email protected]) > > PETE CASS (1962 - 2011) Rest In Peace Mate > > > > > > > _______________________________________________ > Leedslist mailing list > Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist > To unsubscribe, email [email protected] > > PETE CASS (1962 - 2011) Rest In Peace Mate _______________________________________________ Leedslist mailing list Info and options: http://mailman.greennet.org.uk/mailman/listinfo/leedslist To unsubscribe, email [email protected] PETE CASS (1962 - 2011) Rest In Peace Mate
