Hankey2009
Well-known member
£132,000 when they were in the National League, Absolutely mental…..is ours anywhere near that?
That's mental! Or is it?£132,000 when they were in the National League, Absolutely mental…..is ours anywhere near that?
Isn't that the way most FC loans work? VB's £1m loan for CA, NE and HB was at 8% which was well above base rate.The thing that interests me about this supposedly romantic story is that much of the money that these two blokes have put in is in the form of loans at several percent above base rate. They are not quite the philanthropists they would have us all believe.
That's a fair point, but to answer your question - most, but not all of them.Isn't that the way most FC loans work? VB's £1m loan for CA, NE and HB was at 8% which was well above base rate.
The thing that interests me about this supposedly romantic story is that much of the money that these two blokes have put in is in the form of loans at several percent above base rate. They are not quite the philanthropists they would have us all believe.
So if they are not the philanthropists people think they are why are they there then? What's the end game? How would they get their money back ?That's a fair point, but to answer your question - most, but not all of them.
Wrexham's current business model is no more sustainable in the long term than Fleetwood's, and if they go up this season, they are about to collide with financial reality. It will be interesting to see what they do then.
tbh we know what's going to happen. At the moment you have 10000 fans loving every minute and maybe another 50000 thinking it's great for the town and area. Then when it goes boobies up and there's no money or Americans there, they'll be in serious trouble. That 10000 drops back to 5000 and of those 5000, 500 complain about owners and controls on football demanding handouts when the community really doesn't care.That's a fair point, but to answer your question - most, but not all of them.
Wrexham's current business model is no more sustainable in the long term than Fleetwood's, and if they go up this season, they are about to collide with financial reality. It will be interesting to see what they do then.
sorry should have said per week.That's mental! Or is it?
Is that a day, a month, a year?
Also they have put money in in the form of loans, but are they really banking on it being repaid? I suspect not, unless they reach the PL, and even then you need to put pretty much all income back in to try and compete.So if they are not the philanthropists people think they are why are they there then? What's the end game? How would they get their money back ?
You're seriously comparing them with Fleetwood? They could get 15k every week if the ground was bigger not 2 and a half. They get 12 now.
I know the TV series is heavily manufactured to show them in a certain light but have you ever watched it?
You posted the other week that we should be sympathetic towards Everton and now load on these two. I don't get it. 99.9 per cent of Wrexham fans would be behind this. Anyone looking in having a go are either the clubs competing with them or its just jealousy.
Sorry, only just seen this.So if they are not the philanthropists people think they are why are they there then? What's the end game? How would they get their money back ?
You're seriously comparing them with Fleetwood? They could get 15k every week if the ground was bigger not 2 and a half. They get 12 now.
I know the TV series is heavily manufactured to show them in a certain light but have you ever watched it?
You posted the other week that we should be sympathetic towards Everton and now load on these two. I don't get it. 99.9 per cent of Wrexham fans would be behind this. Anyone looking in having a go are either the clubs competing with them or its just jealousy.
Isn't that exactly what Karl used to say? Players didn't care about training grounds etc, just how much.Lets face it, players who should be playing higher don't go and sign for clubs just because they all of a sudden decide they like the area or a couple of Hollywood stars decide to buy it, they do it for cash, end of story.
He did say something to that effect, but on the other hand when a player has a similar offer the club with the better training set up and ground etc will have the advantage.Isn't that exactly what Karl used to say? Players didn't care about training grounds etc, just how much.
You really are out of touch with modern footballSorry, only just seen this.
I think they are (now) genuinely emotionally involved with the club - winning every week helps, of course. Whether they were in the beginning we will probably never know.
I'm merely saying that they are getting nearer and nearer to the glass ceiling. For Fleetwood it was League 1 , for Salford it seems it is League 2. I doubt that the current owners of Wrexham have the financial wherewithal to take them much further and if they do go up they are going to find themselves playing with quite a few clubs who are better supported and equipped than they are. Spending their way through that is probably beyond them - but we'll see.
I agree with you that - unlike Fleetwood and Salford - they are a club with significant history and potential. But the ground ISN'T bigger, and it will cost a hell of a lot to do anything about that. They could conceivably get 15k in different circumstances - equally, if things go wrong, support could fall back towards the 4k that they traditionally attract. It only gets harder for them from here, once they lose their spending advantage. It's nothing to do with jealousy. I'm just observing that they are heading for a bit of a conundrum.
As for Everton, I think you are paraphrasing what I said. My sympathy for them is entirely for their supporters ; the club itself is a complete dog's breakfast, and what you have at the moment is a mix of poor ownership, inept regulation and a potential external "partner" who might do the club irreparable harm if they get their hands on it.
Everton's is a comedy!You have to look at their motives for buying it in the first place. They could have started much higher up the pyramid but their main criteria was a working class town and revitalising the area. Rob McElhenney in particular just seems to get it.
Wrexham fans are living the dream and after years of neglect who could begrudge them that? How much money has gone into other clubs in increased away attendances when playing Wrexham ? It's win win. Glass ceiling maybe but if everyone thought like that then no one would do anything. Brighton a prime example and even Luton at the other end of the spectrum. There are still romantic stories in football . I certainly don't think Everton is one.
Quite. I think some people are completely underestimating the size of the chasm(s) that Wrexham have to bridge if they are to get much further up the pyramid. Full marks to them for what they have done for the local area ; but they are taking a leap into the unknown from here on in (assuming they go up, which they probably will). You only have to look at what our own owner has had to say about the realities of moving from L1 to the Championship to know this is a real issue. It's certainly a lot more demanding than paying L1 wages to buy your way out of the National League.Their weekly wage bill is about a third of what a hard working top Premier league player takes home.
Per week, or £5.2m a year. Highest player on £370k per yearThat's mental! Or is it?
Is that a day, a month, a year?
I’m sure if Rotherham can get to the championship that Wrexham can too ?Quite. I think some people are completely underestimating the size of the chasm(s) that Wrexham have to bridge if they are to get much further up the pyramid. Full marks to them for what they have done for the local area ; but they are taking a leap into the unknown from here on in (assuming they go up, which they probably will). You only have to look at what our own owner has had to say about the realities of moving from L1 to the Championship to know this is a real issue. It's certainly a lot more demanding than paying L1 wages to buy your way out of the National League.
Quite. I think some people are completely underestimating the size of the chasm(s) that Wrexham have to bridge if they are to get much further up the pyramid. Full marks to them for what they have done for the local area ; but they are taking a leap into the unknown from here on in (assuming they go up, which they probably will). You only have to look at what our own owner has had to say about the realities of moving from L1 to the Championship to know this is a real issue. It's certainly a lot more demanding than paying L1 wages to buy your way out of the National League.
Until they call it in, it's immaterial. In fact, it's a debt owed from an entity they own to themselves so it makes sense to have it inflated, for both parties.The thing that interests me about this supposedly romantic story is that much of the money that these two blokes have put in is in the form of loans at several percent above base rate. They are not quite the philanthropists they would have us all believe.
I doubt that the current owners of Wrexham have the financial wherewithal to take them much further
It’s our national game and we’ve been taken over by foreigners as their vanity project
Is Sadler in the Wrexham category then?Until they call it in, it's immaterial. In fact, it's a debt owed from an entity they own to themselves so it makes sense to have it inflated, for both parties.
This sort of financial illiteracy from someone at BST is alarming, to be honest.
The bloke is absolutely minted.Please. Stop. It's evident you aren't aware of their wealth, Reynolds in particular.
It's all fuck ing scandalousPlease. Stop. It's evident you aren't aware of their wealth, Reynolds in particular.
Wait until you find out about our national utilities.
I don't think they are at allQuite. I think some people are completely underestimating the size of the chasm(s) that Wrexham have to bridge if they are to get much further up the pyramid. Full marks to them for what they have done for the local area ; but they are taking a leap into the unknown from here on in (assuming they go up, which they probably will). You only have to look at what our own owner has had to say about the realities of moving from L1 to the Championship to know this is a real issue. It's certainly a lot more demanding than paying L1 wages to buy your way out of the National League.
He’s doing loans to the club currently to the tune of over 19 million pounds, n’est ce pas?I don't think they are at all
When you consider the size of the region as in North Wales with no other professional football club in the area along with the wealth of the owners i think its you who is underestimating what they can do
There are smaller clubs in the Premier League now
i honestly don't see the point of the reference to our owner given he doesn't have anywhere near as much money as the Wrexham owners and even if he did he wouldn't be spending it in the same way
They have several players now on higher wages than the majority of our squad, in fact our Championship wage bill was very close to the one Wrexham had in non league
If i was you i would give up on this thread before you make yourself look even more ridiculous
I'm not a betting man but I think that would be a huge ask. They should comfortable in L1 but I don't think they'll be challenging near the top. Stockport on the other hand.....Anyone bet against them doing a triple promotion?
Bolton, Portsmouth and Derby don't represent half a country like Wrexham currently doWhat gets me is the people who think L1 would somehow be harder next season if Stockport and Wrexham are in it but Bolton and Derby and Portsmouth who between get average home gates of 65k per game, exit !!!!!
Things level out and that’s what will happen with Wrexham
Is there the appetite in N Wales? You'll know far more than me.Bolton, Portsmouth and Derby don't represent half a country like Wrexham currently do
Oh Yeah they are massive all over North Wales now, I've noticed it where i live with pubs running coaches to matches, trains from Anglesey etcIs there the appetite in N Wales? You'll know far more than me.
Out of interest, was that the stance you took when Belokon (all hail Valerei!) was acting as such a pivotal figure during the time of his involvement with BFC, back in the day?What pisses me off is. It’s our national game and we’ve been taken over by foreigners as their vanity projects. Of course in the short term the fans are happy enough to see their team winning a lot more. But it’s never sat right with me. When just when will it all come crashing down.
Some people on here still think we missed players because of the training ground.Lets face it, players who should be playing higher don't go and sign for clubs just because they all of a sudden decide they like the area or a couple of Hollywood stars decide to buy it, they do it for cash, end of story.
I think they'll be top half and both them and Stockport will get a bounce from home attendances etc but can't see them going up again.Anyone bet against them doing a triple promotion?
Football clubs have always been someone's vanity project. It's just changed from local captains of industry to rich Arabs and Americans.What pisses me off is. It’s our national game and we’ve been taken over by foreigners as their vanity projects. Of course in the short term the fans are happy enough to see their team winning a lot more. But it’s never sat right with me. When just when will it all come crashing down.
Until they call it in, it's immaterial. In fact, it's a debt owed from an entity they own to themselves so it makes sense to have it inflated, for both parties.
This sort of financial illiteracy from someone at BST is alarming, to be honest.