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Millers Banter: Unofficial Rotherham United Fans Forum / Message Board → Football / Sport / RUFC Related → Should Tony spend more
 

Topic: Should Tony spend more

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Kempo
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Should Tony spend more
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On the team to achieve his plan of incremental progress.

It would appear that we cannot afford the wage demands of two average Championship players so is it time for TS to get more investors on board to make us more competitive in the wage stakes?



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sickly child
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Well if he is serious about staying up then yes. If he is thinking of expanding the ground then one would presume he is. Ergo I think we can expect more investment. Maybe Pringle etc are not worth paying more for.

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ian
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I'm choosing to believe that the value for money mantra is not justa cover for bargain basement, but rather a way of measuring a player as an asset.

We made a small profit last year, which would have looked like a mistake if we had gone down.

We also had several bids in the region of 1 million turned down.

On the flip side, we won't pay for Morgs and pringle.

I have to believe there's a higher purpose at play.

The one question I have is whether we undervalue players too much. 

 

Seems to me there is some latitude we haven't exploited re money for players but it's a risky juggling act. If we spend big then those players need to be on long contracts at good money...

 



-- Edited by ian on Saturday 23rd of May 2015 01:38:07 PM

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towd codger
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However we as fans view things in relation to the club it seems clear that Tony Stewart will continue to run the club as a business. He will view the players as assets some more valuable to the business than others. What is certain is that players will often overrate their value to the club. It is up to the owner of the business to make his own value judgements at any given time and to decide if further investment is needed to grow the company. The astute businessman will know instinctively when the time is right to act . And after taking advice on the possible outcomes of his actions will then press forward. That is the stage we are at, and I trust Tony Stewart will take the action that is needed. After all his business plan seems to be working pretty well so far. In Tony we trust, if other clubs were run on the same sensible business like lines there would not be half of the financial problems that seem to exist in football today.

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tiger cub
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The club will be looking at extra investment on a daily basis.

Extra investment from individuals or corporate are always welcome.

I`m not expecting any £1m pound players being brought in or any "Big name players appearing on the team sheet.

What I would like is a few more younger players brought through into the team some permanent and some quality loan signings.

It will more than likely be the same as last season a struggle to finish 4th bottom with a few surprise results thrown in for good measure.

I do hope we can prove people wrong and finish mid table.

 



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Andy Monium
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What about establishing a young players' academy?

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Millers4Ever
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Academy is a must and sink some money there. I have always believed we would need another TS to share the burden of the financial clout needed to progress. I am very grateful to TS for what he has delivered but I suspect his pockets may not deep enough to bankroll much further progression alone

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ian
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TS is not alone in the boardroom. There are others with very deep pockets. Do they want to increase their share?

Would it be a good thing? It might create instability?

For tony to sail the ship he has to be in control of it.

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sickly child
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Out of interest does anyone know what our financial situation is like? Who are the main players and how much are they worth? How much has TS really spent and how much is he worth? Someone said we made a small profit last year, how is this worked out? Is the new ground just considered as a gift from TS? Did the council or anyone else contribute?

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Exetermiller
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Booth loaned money to rufc & look where it got them when they wanted to offload. Because if the value of that loan we were more expensive to buy than QPR who were up for sale at the time. It makes no sense for TS to 'invest' to the edge of FFP in that way as the only way to gain return & reward is do a Blackpool, & I'm sure I don't need to explain that one! Keep balancing the books & extend the infrastructure. Get us labelled as a dependable year on year championship club & who knows, in 20yrs time we might make the top tier and be able to sustain it. And that's where the real returns are.

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ian
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sickly child wrote:

Out of interest does anyone know what our financial situation is like? Who are the main players and how much are they worth? How much has TS really spent and how much is he worth? Someone said we made a small profit last year, how is this worked out? Is the new ground just considered as a gift from TS? Did the council or anyone else contribute?

courtesy of millers4ever:

Turnover             10,998,390 (7,071,695)

Gross Profit         2,504,930   (5,641,656)

Admin Expenses  2,337,557    (1,899,411)

Operating Profit   170,706       (Loss of 469,372)

Interest Payable   3,494         (7,651)

Profit Before Tax  167,212      (Loss 477,023)

Tax                     29,295

Profit for the Year 137,917

Some other stuff :-

Wages and Salaries 4,818,523    (3,774,013)

Match Receipts      2,613,807     (2,026,087

Central Distributions   2,811,502  (1,125,290) Haven't a clue what this is?

Commercial Revenue   3,067,631 (3,389,930)

Merchandising Income 699,501    (384,589)

Media Receipts            188,250    (9000)

Other Receipts            1,617,699   (136,799)

RUFC is 100% owned by the Stewart family, split between ToNYS missus and son. 

Loans are to Barclays and the council.

Owing the ground is (and will be) a great asset and contributes enormously to income against clubs who pay rent.

 

http://www.rothbiz.co.uk/2015/04/news-4151-impressive-results-for.html

 

http://www.rothbiz.co.uk/2009/04/news-574-rotherham-businessmen-in-times.html

 

http://www.rothbiz.co.uk/search?q=+tony+stewart

 

http://www.rothbiz.co.uk/search?q=+rotherham+united

 

 

 



-- Edited by ian on Tuesday 26th of May 2015 12:58:39 PM

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Millers4Ever
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There may be people on the board with deep pockets but I do not believe they have other than short arms. FFP rules apply of course which is why Ex is right and we have to increase capacity and get G&C site up and running.

We also need to have a much better presence in revenue enhancing cup competitions.

But most of all, we need to stay in this division and TS imo may not have enough resources to do it alone. It's one thing being prudent by design. It's another being prudent because you have very limited resources at this level. We need to be investing in younger players worth around £1 - £1.5 million a piece and I would have at least the spine of the team invested in such players. This will be the minimum to progress. Do RUFC/TS and/or others have the backing to do this? I don't know but the evidence so far does not suggest they do. Second season in the Champs and more time to plan the recruits than we had last year. We are promised quality not quantity. Given this remit, I would hope SE recruits just that but he will not bring 6 or 7 players in worth their salt for £1 million for the lot. The spine needs to belong to the club and enlarged upon with prudent loan signings.

Just my opinion of course

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S8Miller
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Central distributions is the money paid out to the clubs form the League pot.

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S8Miller
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In response to Kempo, I believe he simply has to. We overachieved last season and were saved from certain relegation by a Blackpool in crisis, Wigan in turmoil and a very poor Millwall team. Next season will be a lot tougher and it's difficult to imagine that there are three teams that will finish below us at the present time.

Some are fretting that if we can't offer Morgan and Pringle terms then we can't compete and are surely doomed. Well I see it a little differently, remember these were players signed while in League 2 from clubs who deemed them not good enough for League 1/Championship. I do think both could do a job at this level but they are not the type of players who are going to push us up the league, are they? Maybe that reflected the 'value' we put on their services and the swift statements wishing them 'goodbye and good luck' from the club once negotiations were seen to be concluded could signal that Evans has his eyes on bigger and better players.

Who knows (maybe the burglar will see fit to inform us mere minions)?

Anyway onwards and upwards.

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sickly child
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How much do we get from tv rights this year? someone mentioned 5 million.

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