I told you that losing our championship status would hit us hard, that drop in revenue. So when we were all slagged off for saying we had must win games, looks like they really were. Also stated that warne was a low cost option that is why we are sticking with him. We won't be the only club by the way and when they new lockdowns start later this year and into 2022 we will see how football copes.

Furloughing is potentially a means of the club saving money without the players losing income. Setting aside the morality of it and the potential impact of bad publicity (there are reasonable discussions to be had on both counts), if that can legitimately be done for a short period of time over the summer during which the players are inactive anyway, it kind of makes sense. In fact you could argue that from a business perspective it would be remiss not to at least look at it. Over a month it would potentially save the club somewhere between £50,000 and £100,000. Lots of clubs are doing it, including for example Coventry who of course stayed up. Lots of Premier League clubs have furloughed staff or taken loans. Reportedly clubs in the top two divisions have taken over £13m in furlough support payments to date. This suggestion by the club is not necessarily a consequence of relegation. Nor is legitimately taking advantage of financial support schemes to save money necessarily the same thing as being in financial difficulty. Other indicators in our case suggest that we are fairly sound, whereas at SWFC for example there is a pattern of other behaviours that spell trouble when you put the pieces together. I think it's a bit of a non-story to be honest.

-- Edited by smiler on Sunday 13th of June 2021 04:23:08 PM

Tony Stewart has stated that the business is only following a course of action it is entitled to. The furlough scheme covers 80% of an employees salary up to a maximum of £2.5K per month. The players have agreed to this and financially will be no worse off. He also went on to say that the club had took a £5m hit from dropping out of the championship. The deficit could be as high as £6m with lost matchday revenue. He also said what i have quoted many times that the matchday revenues has little impact in overall spending power. Rotherham would be better off playing in front of no crowds in the championship than crowds in league one. It is the t.v money and premier back up money that is the main driver of finances.

I think we will be pulling in the purse strings this season, with players on a maximum £3.5k a week and looking to get some money from transfer sales. I expect little or no money to be splashed on incoming transfers. I think we will do well to finish in the top six with the restraints that we will be under. Other clubs in this league (bigger ones) are still on a boom or bust strategy with big wages allegedly being offered to some players. It could well end in tears for some but we appear to be on a sound footing and not acting irresponsibly. I will support that strategy all day long.

Things are starting to happen with the kit launch (nice) & a very tasty looking friendly with Newcastle announced.

Government policy is consistent lockdowns, there will always be a new form of an existing virus, that is how viruses work they evolve, so if you have a government that operates it's policies based on "variants" and the mathematical models that have been wrong constantly and the same team got their models wrong for all previous medical outbreaks the only outcome is a society with constant restrictions and removal of freedoms, the opposition are worse than the government they want more lockdowns, the country is run by SAGE an unelected group of technocrats that personally are making fortunes from all of this Vallance alone has benefited by nearly £5m from his shares in Pharmas, if you think vaccines are the answer a constant stream of drugs and chemicals that don't provide you the protection you think that make your Doctor £10,000s in vaccine bonuses each year, then you have not been watching. This is a huge corruption of our society by NGO's and Pharma (I spent 5 years working in Pharma and clinical trials) it is all about money and control, next will be the Climate Change lockdowns, late 2022 into 2023 all aiming to the WEF 2030 agenda of a new society, started this year with a new global tax (that global corporations will avoid), already announced. The UN and WEF agendas are all published do***ents that you can get access to and read, as is the Rockefeller Foundation 2010 do***ent about the future plans, this is not made up it is happening and you can continue to be fed the crap from the BBC, Sky and your newspapers thinking "just another 4 weeks" or you can open your eyes, do some research, look at the independent journalism that is available, read a broad collection of material, then make up your mind, it is up to you what you want to believe, I wish you all well and I hope that we are not one of the clubs that goes under in the next 3 to 5 years.

Great post derby nice to know theres others out there who thinks the same way on this issue. I'm more afraid of 'The Jab' than the Covid 19 virus itself, but by not having it I run the risk of becoming an outcast. Mrs C has had both jabs and been quite ill on both occasions. She didn't want it but was more afraid of what others would say if she didn't comply. I'm 70 and in the 'at risk' group but I took several at risk surveys on line, taking in account of age, gender, fitness, and general standard of health, which is excellent as I've taken care of myself over the years, and the chances of me catching the disease and dying from it, well I stand more chance of winning the lottery and infinitely more than Rotherham ever getting into the Prem.