today, 5.45pm , radio oxford
OUFC financial chappy on 5 min Fans Forum
- Thread starter Sarge
- Start date
Foley
Level: Colin Harrington
(260 Apps, 30 Gls)
I guess that they have the right guy to ask with regard to the financial situation.
OUFCwaffle
Level: Yemi Odubade
(158 Apps, 31 Gls)
Who's doing it?
Tim Davis/ Davies OUFC Financial Director
Deleted member 222
Guest
Nothing as it starts in 9 minutes.
i was quite impressed with him. Didn’t shy away from answering any questions. Basically said his hands are tied regarding the money coming into the country on time and it’s down to the owners/shareholders on how much they want to fund the club and make up the shortfalls in revenue. Sounded a tad frustrated at times. Also said it was the decision of some staff to stay to stay away from work when they weren’t paid, and said he couldn’t blame them.
westyorkshireexile
Level: Andy Crosby
(122 Apps, 13 Gls)
Totally avoided any mention of the latest WUP
got his own catchphrases too ....' reset in July' ..... 'our hands are tied' ...to mention two, both used a few times in 5 mins
My feeling was that he’s put the ball into Tigers court with regards to how the club is being run. If things carry on as they are next season after the summer ‘reboot’ I don’t think he’ll hang around too long
Colin B
Level: Dave Roberts
(176 Apps, 8 Gls)
Given that he wasn't asked about it, he hardly ducked the question! It's a Q & A, and he answered what he was asked.
Give the bloke a chance.
What an unprecedented notion!
westyorkshireexile
Level: Andy Crosby
(122 Apps, 13 Gls)
Which supports the theory that the questions are pre-selected and really awkward ones not picked as usual.
Deleted member 222
Guest
Did you ask about the latest WUP then?
Cx
Level: Ricardinho
(39 Apps, 3 Gls)
I thought he spoke well and honestly. Sounds like an almost constant struggle for him to get funds in place to pay bills. 'Chasing it all the time, months in advance' is roughly what he said, which is a bit worrying. Hopefully that improves over the coming months when he can sit down and plan accordingly.
£2.5 million is a large chunk of money, but it leads me to an important question for Tiger the next time he's on: does he expect that to be repaid, or will it be written off? The FD didn't sound sure either way, which given his role, I thought he may have known with a little more certainty.
Good listen.
£2.5 million is a large chunk of money, but it leads me to an important question for Tiger the next time he's on: does he expect that to be repaid, or will it be written off? The FD didn't sound sure either way, which given his role, I thought he may have known with a little more certainty.
Good listen.
Deleted member 222
Guest
I think as fans we need to stop thinking owners will pump millions into the club and never want it back.
Even more reason why the club need to cut budgets where needed and not over spend on needless things.
It is also vital we do sell a player or 2 every couple of years as that is what a club our size needs to do to run at a profit or at least break even.
You’re right in fans needing to manage their expectations. That’s why the owners need to hold a full and frank press conference outlining what we can all expect going forward. Otherwise we are left to fill the blanks in and can get carried away with our hopes, dreams and expectations. If Tiger and the board spelt out what they were going to put in, what they expected to get out and what targets they had for the team on the pitch and the club as a whole off it, the fan base could see the whole picture and understand the challenges the owners faced a whole lot better. I still don’t understand why we’re getting nothing but shallow sound bites.
horseman
Guest
Yes keep selling players... yes keep rebuilding every season...Yes keep loaning players from other clubs...Yes keep watching as we take one step forward and three back
Scotchegg
Level: James Constable
(280 Apps, 106 Gls)
But what's the alternative? The club is losing a couple of mill a year as it is. If we didn't sell players the debt would only increase. We sign players like Nelson who can now leave for nothing, or Hanson who we're stuck with for another 3 years. Loanees potential offer better players, cheaper.
Deleted member 222
Guest
We are a league 1 club. Any players that stand out will be sold to a championship club. Thats the nature of football. Unless you are a big fish in the league who can offer players outstanding contracts to keep them to stay. We aren't one of those clubs.
Manorlounger
Level: Phil Whitehead
(238 Apps)
Spot on with due diligence. Surely they must have considered that arbitration may not have secured a discount on lease and service charges? And, and I have said this before, how did they let DE walk away from that debt? (worse still, they signed away the transfer income!)
Foley
Level: Colin Harrington
(260 Apps, 30 Gls)
The strategy looks pretty clear.
Bring on really good young players which we have developed and add to them.
If we have a number of promising g youngsters in the team as well as players such as Henry Nelson etc, then we can sell a player of two without having to rebuild every season.
The problem we are in was due to players being sold before Eales got out and then Peps recruitment which meant a whole load of players leaving at the end of last season.
My concern is that if Dickie refuses to sign a years extension Nelson will be off and maybe Dickie as well?
horseman
Guest
How about holding on to them keeping a squad together for 3 seasons with the odd tinker here and there as you progress up the leagues.
Being known as a feeder club to help improve other clubs players or being used as a stepping stone to a bigger payday how is that helping us progress long term?
Being known as a feeder club to help improve other clubs players or being used as a stepping stone to a bigger payday how is that helping us progress long term?
horseman
Guest
oh come on... lundstrom roofe ledson johnson etc were always going to be sold and was not because Eales was planning any exit.
Deleted member 462
Guest
Because we are losing £2m a year in l1. So that would be £6m straight off, one season in the champ and u could probably write off another £5-10m. It’s great wanting progression , but unless u have an owner like Bournemouth willing to chuck millions away you have to do it sustainably.
Marked Ox
Level: Mickey Lewis
(351 Apps, 7 Gls)
It is just like about every other lower league club then.
Marked Ox
Level: Mickey Lewis
(351 Apps, 7 Gls)
The only clubs who aren't a "selling" club would be the clubs in the PL and that is open to interpretation when the money of Man City, Barcelona, Real Madrid, Man Utd etc comes along.
Deleted member 462
Guest
You would also get into a position where the likes of ledson, roofe, branagan wouldn’t come in the first place if they knew we would hold them back if a big move came in. And if u did keep the entire squad for the 3 years, u then risk the lot refusing contract extensions and walking away on a free anyway, and that’s if u can find the person to fund it in the first place
I've just listened to it and feel I know more now than from all the other five min forums put together. Thought he gave pretty clear honest answers.
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