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Post by alfresco on Oct 6, 2024 9:30:24 GMT
For a while, I've had this thought, that the Board ( Nigel), cant afford to finance a team in League 1 anymore.......it seems the moneys dried up
Its far easier to finance a team in league 2, cheaper wage bill, cheaper transfer fees etc etc
I realise this is a controversial point im making, but I really do feel this is the case
Behind the scenes, I think somethings going on, we're not aware of, & as a result, the money has dried up somewhat
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Post by billericayo on Oct 6, 2024 9:40:13 GMT
For a while, I've had this thought, that the Board ( Nigel), cant afford to finance a team in League 1 anymore.......it seems the moneys dried up Its far easier to finance a team in league 2, cheaper wage bill, cheaper transfer fees etc etc I realise this is a controversial point im making, but I really do feel this is the case Behind the scenes, I think somethings going on, we're not aware of, & as a result, the money has dried up somewhat They realized that the big clubs this year could outspend most of the others. So most likely wisely in my eyes just increased budget with inflation and wait till next season when the Bertie Big Bolox clubs have scappered off to sunnier climes |
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Post by redshank on Oct 6, 2024 11:09:26 GMT
A bit harsh on the board that saved Leyton Orient FC from extinction and we was very very close to just that.The board themselves have taken on themselves a £10,000,000.debt of their own money.Now who else was willing to come forward to save our club.
We have had almost constant joy since they, came on board with a little caution in between.They have put money into the stadium including giving us a pitch we could have only dreamed of.Newer and better facilities as far as the budget would allow.They have also kept prices as low as they could for a good period of time and suffered the loss,albeit as other clubs did of the lockdown period.Gave us some wonderful players toe enjoy,even if it was loan players.
Now things are going a little awry is it not time to give the board a little consideration and help by us giving what we can with our support.It sure ain't easy I know.but I bet they feel the pain of our bad start to the season just as much as we do.
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Post by zimo on Oct 6, 2024 11:19:08 GMT
Whilst I have to agree with what a brilliant job the board have done since the takeover, and that I didn’t expect us to top the league, the fact is there are 5K odd season ticket holders who after a handful of games are already condemned to watching a relegation struggle this season.
We also don’t want to/can’t afford to be throwing our money away, so early in the campaign.
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Post by mrb on Oct 6, 2024 11:24:21 GMT
I would really like if someone came out and tell us exactly where we stand financially
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Post by redshank on Oct 6, 2024 11:31:40 GMT
You will probably be in a worse mood if you did know.I am not saying I do,I dont't.But the money problem has been with this club since it was formed all those years ago and have been saved only by benefactors who have given so generously to their own cost and rounds of fan abuse.But I guess that is the way we are as loyal football fans and in general how good our boards have been.
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Post by SW O on Oct 6, 2024 11:46:44 GMT
Whilst I have to agree with what a brilliant job the board have done since the takeover, and that I didn’t expect us to top the league, the fact is there are 5K odd season ticket holders who after a handful of games are already condemned to watching a relegation struggle this season. We also don’t want to/can’t afford to be throwing our money away, so early in the campaign. Well, yes, but I've never bought my season ticket in the expectation of promotion! There've been so many years with crowds of around 4000, let's hope we don't lose our support because of a poor season (which optimistically I don't think will be a relegation struggle by the end of the year). |
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Post by arrgee on Oct 7, 2024 20:30:58 GMT
For a while, I've had this thought, that the Board ( Nigel), cant afford to finance a team in League 1 anymore.......it seems the moneys dried up Its far easier to finance a team in league 2, cheaper wage bill, cheaper transfer fees etc etc I realise this is a controversial point im making, but I really do feel this is the case Behind the scenes, I think somethings going on, we're not aware of, & as a result, the money has dried up somewhat I don’t think the costs of league 1 are that much more than league 2 and the club have increased ticket prices off the back of playing more glamorous opponents like Birmingham and Wrexham. I don’t think the money has dried up, it may be TV money and the like still has to come through. I suspect the thinking is the squad is good enough to stay up and there is no need to spend excessively for a mid-table finish outside the play off. The Shrewsbury result is the one that would have made this season look better. Had Orient won that, Shrewsbury, Burton and Cambridge would all be cast adrift at the bottom with Crawley and Northampton 3 or 4 points away. The trip to Northampton will be important in terms of the direction Orient are heading in… |
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Post by buffalobill on Oct 8, 2024 9:24:22 GMT
For a while, I've had this thought, that the Board ( Nigel), cant afford to finance a team in League 1 anymore.......it seems the moneys dried up Its far easier to finance a team in league 2, cheaper wage bill, cheaper transfer fees etc etc I realise this is a controversial point im making, but I really do feel this is the case Behind the scenes, I think somethings going on, we're not aware of, & as a result, the money has dried up somewhat Todays conspiracy theory 🤪 |
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Post by orientsouthmassive on Oct 8, 2024 10:18:37 GMT
since they took over i think the board have done an amazing job but i think where we are currently is as far as they can take us.
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Post by Ramrod on Oct 8, 2024 11:28:45 GMT
since they took over i think the board have done an amazing job but i think where we are currently is as far as they can take us. This is probably about right as spending by other clubs in this division has gone through the roof, and however much we increase the budget it won't be enough.
Investing your money in a football club is indeed like pouring it into a bottomless pit and every bit as thankless. |
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Post by oreo on Oct 8, 2024 11:35:25 GMT
Nigel has mentioned he reads the forums, so I would like to echo what others has said. Our owners have done us proud. The previous owner nearly destroyed us and the owner before that made sure he lined his pockets via the club.
Our results aren't going as planned and this is causing negativity but I'm pleased we have our current owners/setup. The current club vibe makes me look forward to watching the matches which hasn't always been the case in the past years.
Besides, we will come good this season.
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Post by redintheface on Oct 8, 2024 12:13:19 GMT
since they took over i think the board have done an amazing job but i think where we are currently is as far as they can take us. In conjunction with the restrictions on ground capacity ( thanks again Bazza) and ever rising costs around players contracts , I would say this is a reasonable analysis. |
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Post by Fisch on Oct 8, 2024 12:22:48 GMT
I would really like if someone came out and tell us exactly where we stand financially According to Devlin and Taylor, overall we're losing £3-4M annually which is made up from the personal pockets of Nigel, Kent and others. All the burger & beer sales, stadium rentals, sponsorship deals, gate money, cup runs and EFL/SKY money leaves us way short of break even. Most of us sense that Kent has seen this is all going nowhere good and has throttled back. Things are as they always were, slashing the player budget has always been the only option (other than during Becchetti's fiasco) and that usually means we play at the level commensurate with our income, that's the middle of EFL2. These are the good times. |
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Post by kbola on Oct 8, 2024 12:44:07 GMT
I don't think the board want to be relegated but they don't want promotion this season. Stay up, consolidate and go again next season with, hopefully, no Birmingham, Bolton or Wrexham to compete against
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Post by redintheface on Oct 8, 2024 13:09:03 GMT
According to Devlin and Taylor, overall we're losing £3-4M annually which is made up from the personal pockets of Nigel, Kent and others. All the burger & beer sales, stadium rentals, sponsorship deals, gate money, cup runs and EFL/SKY money leaves us way short of break even. Most of us sense that Kent has seen this is all going nowhere good and has throttled back. Things are as they always were, slashing the player budget has always been the only option (other than during Becchetti's fiasco) and that usually means we play at the level commensurate with our income, that's the middle of EFL2. These are the good times. You might well be right Fisch. Trouble is it’s almost a self fulfilling prophecy designed to alienate or disincentivise fans in the longer term and that just adds to the vicious circle. |
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Post by Thor on Oct 8, 2024 13:42:13 GMT
I don't think the board want to be relegated but they don't want promotion this season. Stay up, consolidate and go again next season with, hopefully, no Birmingham, Bolton or Wrexham to compete against I think that this is the most sensible comment you've ever made on this forum! Keep the faith and stay positive! |
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Post by vinnyh on Oct 8, 2024 14:31:42 GMT
Listening to Marshall Taylor, I sense that whilst the club won't want to be relegated, I don't think they will do much about it in January to bolster the squad to give us a standing chance of pulling away.
It's pretty much up to Richie, Paul and Alan to come up with a plan B to get the players into better goalscoring positions to give us a chance of actually scoring a few and hopefully more than the opposition.
Otherwise it may well come down to to hoping there being four clubs worse than us.
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Post by zimo on Oct 8, 2024 14:39:29 GMT
Listening to Marshall Taylor, I sense that whilst the club won't want to be relegated, I don't think they will do much about it in January to bolster the squad to give us a standing chance of pulling away. It's pretty much up to Richie, Paul and Alan to come up with a plan B to get the players into better goalscoring positions to give us a chance of actually scoring a few and hopefully more than the opposition. Otherwise it may well come down to to hoping there being four clubs worse than us. It already has |
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Post by dohnut on Oct 8, 2024 14:54:31 GMT
I would really like if someone came out and tell us exactly where we stand financially According to Devlin and Taylor, overall we're losing £3-4M annually which is made up from the personal pockets of Nigel, Kent and others. All the burger & beer sales, stadium rentals, sponsorship deals, gate money, cup runs and EFL/SKY money leaves us way short of break even. Most of us sense that Kent has seen this is all going nowhere good and has throttled back. Things are as they always were, slashing the player budget has always been the only option (other than during Becchetti's fiasco) and that usually means we play at the level commensurate with our income, that's the middle of EFL2. These are the good times. Mid to lower League 1 is not impossible. I suspect they see RW as the man who can achieve that. Probably can and will. But finance is a real problem and I just don’t see how our owners can sustain that level of loss every season. Unreasonable to expect them to. Change in that area will happen in due course. But what needs to change is the quality of the signings. For sure budget limitations impact but even so, we continue to manage a few good ones and too many not so good ones. If we are to survive in league 1 with limited funds, that aspect of our club needs improving. Needs to be fit for purpose at league 1 level. Poor signings saw off Jacket and we don’t want to repeat that with RW, though right now that is the current risk. |
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