Board/Fan Relationship

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  • edited February 2018
    Sulley himself has argued that the extra revenue is only worth 10-11 mil per annum - thats half an Ayew.
    I dont ever expect us to be a top 6 team in the forseeable future - FFP will see to that unless there are changes to that rule all over Europe, and certainly not with the porn merchant and the Pimp in charge.
    So if we are going to stay still - why move ground ?
    March 22nd this year is the 5 year anniversary of the heads of agreement being signed, and they can sell at any time after this date , albeit with penalties on a sliding scale.
    They will sell as soon as they can in my opinion - they are asset strippers and property developers - have a look at their Companies.

    The unacceptable face of Capitalism within football, and I'm surprised some more of the Lefties on here dont feel the same
    ;hmm
  • edited February 2018
    I think the best we can expect from the financial perspective is that the stadium will position us for the future big money investor.

    If the intention is to compete with the “big boys” consistenly so top 6 we need to be buying about 400million pounds worth of players.

    That ain’t happening unless we get oil money.

    Unfortunately that doesn’t marry with keeping the soul of old WH.

    You can’t have your cake and eat it...


  • Moojor said:



    So you would honestly expect that within 2 years of moving, we would suddenly be a top 6 team?

    Would you be saying the same in 5/10/15 years? I suspect so.
    erm, well now. Because in 5 years time it would be 7 years since we moved, so I wouldn't be saying asking what people would expect within 2 years.

    I also don't think we'll be top 6 in 5/10/15 years time. Look at the clubs which currently hold the top 6 positions. They have had years and years of earning the top money and having billions poured in to the clubs. I very much doubt than unless a new league is formed that the top 6 will never be anything other than Man City, Man Utd, Liverpool, Chelsea, Arsenal and Spurs.

    To me, the next 5 years should be about making us a club which never fear relegation, then the next 5 should be aiming for a solid top half of the table, with really going for FA Cup / League cup because we don't have to worry about relegation

    Then the next 5, aim for multiple cup runs, including hopefully the runs in the Europa cup with the aim of winning that to get in to the champions league.

    So over the next 15 years, I would like to see no relegation worries, proper attempts at winning the FA and champions league qualification most likely via winning the Europa league.

  • So if we are going to stay still - why move ground ?

    You assume we wouldn't have gone backwards....

  • Trying to look at it another way - a lot of the statements made (eg champs league in 7 years etc) were made quite a while ago.

    Think back then - £40m would have got you some of the best players in the world.

    Today, £40m apparently will only just be enough to get a tom Cairney

    The figures have gotten insane (IMO to the detriment of the game). With this in mind, G&S are out of their league (not their fault).

    If the club wants to push towards the top 8 they probably need to either sell up or at the very least dilute their equity and bring in a mohsni type investor whose monies might be directed towards improving the squad

    If they hang on and pass it down to their family, it’s not unrealistic to expect us to be typically in the lower echelons of the Prem typically, mixed with spells in the champ too
  • MrsGrey said:



    You assume we wouldn't have gone backwards....

    You're assuming that we are gonna go forward?
  • edited February 2018
    Am I? Where?

    Please point out where I said that and I will correct it. Ta.
  • edited February 2018
    MrsGrey said:

    Am I? Where?

    Please point out where I said that and I will correct it. Ta.

    So if you're not assuming that we would go forward then what do you think will happen to the club? Go backwards or stay as we are and if so then why did we even bother moving?
  • Baracks, out of the clubs which aren't the "top 6", which do you believe have owners who have significantly more funds or are willing to spend significantly more money than our owners?

    Maybe Everton because they have been in the PL for so long? But I don't see any club outside of the top 6 who we aren't really competing with.

    I 100% think that we have wasted a lot of money on bad signings but we have spent the money, each season we are pretty much setting a new club record for signing a player.
    We somehow break that player and they turn out rubbish but the money is there, it's just not being spent on the right type of player.
    Maybe that's because of the manager, which goes back to the 10 point plan, we still need to appoint the right manager. Moyes seems to be ticking the boxes at the moment. With him at the helm for say the next 5 years our record signings may actually produce the stuff.
  • edited February 2018
    MrsGrey said:


    So if we are going to stay still - why move ground ?

    You assume we wouldn't have gone backwards....

    We go backwards - we go forwards - thats the nature of the beast with supporting West Ham.
    But ... we sold our ground - thats forever - and thats down to Sullivan and his crew.
  • edited February 2018

    I am sure that the many women on this site are aware of his background, and his attitude to the exploitation of women, and likely involvement with prostitution in the past.
    It shows a mind set that should not be admired in my opinion, and I am ashamed to have him involved in our club.
  • edited February 2018
    sorry if that doesn't make sense- was responding to a post by Suz that seems to have gone into the ether. ;hmm
  • sorry if that doesn't make sense- was responding to a post by Suz that seems to have gone into the ether. ;hmm

    I hit delet instead of edit.
  • edited February 2018
    I feel very let down by the board, as it's become increasingly clear (to the extent that they now no longer seem to bother hiding the fact) that the move to the OS was solely for their benefit not the clubs and certainly not the fans. All of the spiel was to keep objections to the move to a minimum until it was a fait accompli, and as it has become increasingly clear that they have no intention of improving our performances on the pitch it is hardly surprising that many fans are feeling as though they've been let down. The move is to increase the value of the club when they finally sell up, that's all.

    Defenders of the board say that they didn't promise us Champions League or define "next level", but it's hard to say that we've moved on as a club since the move. We've spent almost all of the time we've been playing there in the bottom half of the table, and quite a lot of it threatened by relegation.

    We were told that there would be world class players for a world class stadium (I suppose in fairness you can argue that we got neither), but it's hard to argue that the squad has particularly improved relative to those in the mid/lower part of the table (most squads have improved due to the attractiveness of the Premier League compared to most foreign leagues).

    I'm sure there was reference to Arsenal or Chelsea "looking over their shoulders", again, a clear suggestion that the move would enable us sign a better quality of player which has since been tempered by Sully coming out and saying the club would only be better off by about 11-12m a year. I honestly think there would have been much more resistance to the move if that fact had been presented to the fans before the move as it is never going to be enough to seriously affect the quality of the players coming into the club.

    I queried how much financial benefit there would be long before the move, given that so many of the seats were so far from the pitch that they would have to be sold cheap, and it would have been clear to G&S how much a year we would be better off, yet somehow that fact was never put to the supporters who would never have given up the Boleyn without much more protest for such a small amount.

    There's also the fact that we were told the stadium would have retractable seating and, according to DG, as close to the pitch as at the Boleyn, whereas in actual fact we have temporary or demountable seating that takes weeks to move, meaning we started this season with 3 away games, and, if we'd have been in early rounds of the Europa, would have had nowhere to play our home leg.

    Then there's the transfers. There is just no clear policy discernible, and there's little doubt that Sully has way too much involvement for most people's liking, both where identifying targets is concerned, and they fact that numerous transfers seem to break down due to Sully having to "win" any negotiation rather than reaching an acceptable compromise. I know this is largely heresay, but we've heard it from many different sources in relation to many different transfers that I firmly believe there is very much something in it.

    With regards to actual spending, the lack of clear policy means that though we may have spent money, we've often not spent it wisely, especially given Sully recently said we have the 7th highest wage bill in the league even though we're not even at 25 senior pros in the squad. Let's not forget it's Sully that gave those contracts out. Even this summer, 2 of the 4 senior signings were pure vanity, Zabaleta on a free and Hart on loan.

    However, looking back over the 3 windows since we've actually been at the OS, and, according to Soccerbase (the first site I came across that had sterling figures), we actually have a minus net spend of nearly £14m over the last 3 windows on permament senior signings, with 9 leaving for a fee and only 5 arriving. We're £14m up. Even at the Boleyn, with the current TV deal, you'd be expecting £30m a season spend on transfers, so increase that to £41m for the added revenue from the OS, we should be looking at a war chest of £96m in the summer, does anyone seriously think that money will be there?

    Finally, all the PR stuff that has gone on over the years. At least we hear a bit less from Sully atm, but he's come out with some crackers over the years and even this season has slated some of our own players. However, Brady is still writing her column for the Sun, and this is cited as a reason Leicester refused to entertain the idea of a loan to us, Slimani instead going to a relegation rival. And then there is the article about Sullivan Jnr, born with a silver spoon in his mouth but works so hard for his £1,700 a pair shoes. Will they never learn?

    So, all in all, is it any wonder there is discontent among some of the fans?
  • Buffy - welcome to the Dark Side ;wink
  • What I like about the current set up is; if the owners walked away today, the club is almost self sufficient. They are much better businessmen than people give them credit for in that respect.

    Liverpool, Manchester City, Man Utd and Chelsea are all cash cows for investors. There are so many smoke and mirror tactics they are using to take money out of the back door. They really do make our owners look like saints. You will find it hard to prove this as these are very high level venture capitalists and oil barons surrounded by the best advisories in the world.

    Everyone would love a Levy in charge, I feel
    We have a poor mans Levy in Gold, a huge step up from the Icelanders and before him Brown.
  • edited February 2018

    We have a poor mans Levy in Gold, a huge step up from the Icelanders and before him Brown.

    Unfortunately I think Gold is very much the junior ( ;nonono) partner when it comes to decision making.
  • IBL - only if they take the debt with them This club is a cash cow for them - they are taking interest on the debt.
  • bbb

    To be exact, the are charging interest. AfaIk they haven't taken any money out yet.
  • IBL - only if they take the debt with them This club is a cash cow for them - they are taking interest on the debt.

    7% is nothing for that sum of money. No one in the city would accept that.
  • Ibl
    I read recently that interest was dropped to 3.5%!


  • deehammer said:

    Ibl
    I read recently that interest was dropped to 3.5%!


    Cool!

  • edited February 2018

    bbb

    To be exact, the are charging interest. AfaIk they haven't taken any money out yet.

    Its in the correct column on the accounts whatever happens. The asset is also appreciating overall. They will get paid when they sell whatever happens.
    I'm sure they don't take out a monthly PAYE wage packet ? ;wink
  • IBL - only if they take the debt with them This club is a cash cow for them - they are taking interest on the debt.

    7% is nothing for that sum of money. No one in the city would accept that.
    The FTSE all share market is yielding around 3.5% per annum at present. UK bank base rate is .5% Even if they are now only charging 3.5%, that is still 3% over base. The old Charge of 7% would have been netting them 6.5% over base until people started talking about it. They are already wealthy men by the way.
    Moshiri went into Everton this year and wiped out the Debt ( I'm getting deja vu here ! ).
  • bbb

    To be exact, the are charging interest. AfaIk they haven't taken any money out yet.

    They'd taken 4m out as of May 2016 in loan interest.
    I'll keep digging ;ok
  • bbb

    To be exact, the are charging interest. AfaIk they haven't taken any money out yet.

    My understanding is that Sullivan has restructured Club debt (I.e. money owed to him) and in turn received an extra 25 percent of shares in the club.

    It is essentially the same as taking money out and buying shares to increase ones ownership without physically removing the money. A seamless transaction.

    They know what they’re doing.
  • We will deserve it we finish in the bottom three.

    We don’t get a buy because we moved stadiums.

  • I always am ;biggrin
  • Macca85 said:

    Your right Suzanne

    The board will deserve it

    Just out of interest, you were all for sacking the board when we finished 7th yeah? I'm struggling to remember these "protests" then.
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