| Phoenix Club 21:43 - Dec 5 with 3319 views | SandyLaneDale |
Do you think this is something we should start planning for? In case the worst scenario happened and Dale were wound up. Many teams have done this in the past and comeback strong. |  | | |  |
| Phoenix Club on 08:13 - Dec 7 with 2882 views | Dale_4_Life |
The situation is dire.. very bad and the club has some soul searching and difficult decisions to make BUT..
Wound up and Phoenix we are no where near that stage yet.
Re-structure the whole club top to bottom (as hard as that might be) and apply to join a league at a tier the fanbase can support and as a result of this work on the budget that actually wipes its face.
Lurching about week to week with no communication is what will kill any future for Dale. A solid plan needs to be shared sooner rather than later. Ideally one that the whole fan base can get behind. | | | |
| Phoenix Club on 08:28 - Dec 7 with 2856 views | TalkingSutty |
| Phoenix Club on 08:13 - Dec 7 by Dale_4_Life |
The situation is dire.. very bad and the club has some soul searching and difficult decisions to make BUT..
Wound up and Phoenix we are no where near that stage yet.
Re-structure the whole club top to bottom (as hard as that might be) and apply to join a league at a tier the fanbase can support and as a result of this work on the budget that actually wipes its face.
Lurching about week to week with no communication is what will kill any future for Dale. A solid plan needs to be shared sooner rather than later. Ideally one that the whole fan base can get behind. |
Agree, I'm not sure there is the collective appetite for it though, especially in the Boardroom. They have a need to recoup their outlay I think. What it does need is some honesty from everybody in regards to how they view the long term future of the club. If we have people in the boardroom who have had enough and just want their money back then they need to express that and step aside. Nothing can happen unless we have a boardroom who are all pulling in the same direction. Communication is the key, everybody needs to come together and a plan needs devising. How to repay the Directors is the biggest problem though, maybe we can access money from the Stadium. |  | | |
| Phoenix Club on 08:38 - Dec 7 with 2833 views | Rodingdale |
Keep going the they are the board will get pennies for their pounds. We ran out of money last month, how long will the cash last that’s the question. One month, two? [Post edited 7 Dec 2023 8:41]
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| Phoenix Club on 12:03 - Dec 7 with 2593 views | DaleFan7 |
It would be interesting to know what has put is in such dire straits to where we literally have no cash. Given we have one of the highest attendances in the league and still get EFL payments.
What are we doing so wrong that others below us in terms of size aren't seeing from a cash flow perspective.
Are the players wages still too high? I know we've been stung by utility bills but where else is all the money going? | | | |
| Phoenix Club on 12:25 - Dec 7 with 2518 views | Dalenet |
| Phoenix Club on 12:03 - Dec 7 by DaleFan7 |
It would be interesting to know what has put is in such dire straits to where we literally have no cash. Given we have one of the highest attendances in the league and still get EFL payments.
What are we doing so wrong that others below us in terms of size aren't seeing from a cash flow perspective.
Are the players wages still too high? I know we've been stung by utility bills but where else is all the money going? |
In am in the same state of mind as you. We have a top 6/7 income and have had a parachute payment and academy funding this season. I can only assume that the BoD took a chance on the size of the playing budget to see whether we could bounce back.
If the stadium costs £0.5m to run (they have used that figure before), then the rest is mainly staffing and playing budgets. There are clubs in our current league that have almost no paid staff and a much smaller coaching squad than we have. And when players are out of contract this summer we need to be ruthless on budgets. Jim won't like it and we may need to bring some of the youth team through faster. We shouldn't have a playing budget of more than £1.5m a year without a new investor.
And, for a club that is in a financial mire, how did we decide we could afford to run the £1 promotion on boxing day? I love the idea and the need to build a bigger fanbase in the future - but we ordinarily do well for attendances on boxing day and if cash flow is king right now......... And there has been very little communication to encourage us to part with cash. No plea to buy merchandise, no attempt to sell half season tickets for christmas in the way almost every club in this league has done. We now have a ticketless stadium so that is an easy thing to manage. Other than the Xmas draw and a pie and pea offer for Saturday, is there any attempt to get us to collectively part with tens of thousands of pounds that we so desperately need. Where is the rallying call? [Post edited 7 Dec 2023 12:28]
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| Phoenix Club on 12:55 - Dec 7 with 2439 views | James1980 |
What happened to the monthly accounts that were enabling the board to keep track of finances? | |
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| Phoenix Club on 13:09 - Dec 7 with 2398 views | RAFCBLUE |
| Phoenix Club on 12:03 - Dec 7 by DaleFan7 |
It would be interesting to know what has put is in such dire straits to where we literally have no cash. Given we have one of the highest attendances in the league and still get EFL payments.
What are we doing so wrong that others below us in terms of size aren't seeing from a cash flow perspective.
Are the players wages still too high? I know we've been stung by utility bills but where else is all the money going? |
We were making a loss of £1m a season in the EFL, before one offs.
Not much will have changed - we still have the EFL money, attendances are holding up but so to will be costs although the fans forum explained the wage budget for this season is much lower.
Even if £1m loss a season is now reduced to £0.5m loss a season that has to be paid for somehow.
Selling players helps but it is still a negative cashflow. |  |
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| Phoenix Club on 13:15 - Dec 7 with 2375 views | 49thseason |
| Phoenix Club on 12:55 - Dec 7 by James1980 |
What happened to the monthly accounts that were enabling the board to keep track of finances? |
Keeping track doesn't turn a loss into a profit....It just shows how fast you are going bust |  | | |
| Phoenix Club on 13:30 - Dec 7 with 2317 views | James1980 |
| Phoenix Club on 13:15 - Dec 7 by 49thseason |
Keeping track doesn't turn a loss into a profit....It just shows how fast you are going bust |
Surely they could have identified things were coming to a head long before now though. | |
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| Phoenix Club on 13:40 - Dec 7 with 2269 views | Dalenet |
| Phoenix Club on 13:30 - Dec 7 by James1980 |
Surely they could have identified things were coming to a head long before now though. |
Maybe they budgeted for an FA Cup run? Maybe they hoped we had sold more matchday tickets than we have? Maybe we are still paying compensation for sacking previous managers. They do know, they have been putting their own cash in. They had hoped a new investor would be here by now. They have to act on cutting costs now. Even Oldham, with their new investor and a fan base of 7,000, yesterday launched an appeal for volunteers to help run the club in order to keep costs down. No club is immune from the challenge | | | |
| Phoenix Club on 13:49 - Dec 7 with 2246 views | James1980 |
| Phoenix Club on 13:40 - Dec 7 by Dalenet |
Maybe they budgeted for an FA Cup run? Maybe they hoped we had sold more matchday tickets than we have? Maybe we are still paying compensation for sacking previous managers. They do know, they have been putting their own cash in. They had hoped a new investor would be here by now. They have to act on cutting costs now. Even Oldham, with their new investor and a fan base of 7,000, yesterday launched an appeal for volunteers to help run the club in order to keep costs down. No club is immune from the challenge |
At least Oldham's board haven't been too proud and are seemingly engaging more with volunteers than ours has been. | |
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| Phoenix Club on 15:43 - Dec 7 with 2112 views | jonahwhereru |
| Phoenix Club on 13:49 - Dec 7 by James1980 |
At least Oldham's board haven't been too proud and are seemingly engaging more with volunteers than ours has been. |
I live in the land of the Southend Utd debacle. Where they have faced 19 winding up orders since 2019. When the local paper and supports have been muttering about imminent doom for so long, it is a challenge for to see the Dale as being in the same degree of peril. Although different folks / different strokes and all that.
But the longevity of the Southend turmoil did allow for proposals for a phoenix club got well advanced by all accounts. However I doubt that before the first winding up petition the Southend fans had given it a thought. So right now I think this talk is premature.
FYI the DD at Southend is now complete, but they are still sorting the legals. Their fans must be frustrated as it was all supposed to be complete by 17/11. So the longest transfer embargo I can remember is still in place. | | | |
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