Re: It's going to be all coming up roses says Gus : Mon Dec 23, 2013 3:22 pm  

meliferra wrote:

I genuinely beleive TK wants ownership of Broncos. He had been linked with several funny shaped ball enterprises before this.
TK's model revolves around his Membership idea and keeping punters paying all year round. His problem was that come April everyone will cancel and renew for August. By bringing in Broncos and having Womens Super League football he is hoping he can retain those members over the summer.

TK never has and I doubt he ever will prop up a club with playing funds that their off field income can't support. His method of working is to build an infrastructure that will support a larger playing budget. If Barnet Council hadnt screwed us over then we would now be playing at Copthall in a 10k stadium and not Saracens.

So if you think TK is after someone elses money - I doubt it.
If you think TK will dip into his own pocket for player funds - Nope.
What he will do is invest behind the scenes to maximise the player budget available. We have a running joke about the fact he spent 400k on solar panels instead of buying players so the club was more profitable and could afford higher wages.

If TK sees that Broncos is not viable over the next 2 years then he will walk away, if he sees that his model is working and Broncos can be a success then he will look to take them on.
From anyone looking at the Broncos balance sheet in recent times this is a sensible approach imo.

So if you're looking for a sugar daddy you've come to the wrong place, but if you want someone who will work towards a long term future then maybe he is the right person for the job.

Thanks for the post meliferra, most informative.
I think I can summarise it by saying that TK is a businessman, where as our current chairman, for all his largesse, ain't.

Re: It's going to be all coming up roses says Gus : Mon Dec 23, 2013 3:32 pm  

gutterfax wrote:

IIRC the "need to move" was first raised in 2012.
Why?

Match day costs coupled with marketing and marketing staff delivered a cost of £525k and a revenue from tickets, Season tickets and commercials of £543k....so £1,400 profit per home tie.


Administration costs were £532,000.
Coaching costs were £524,000
The Academy costs was £129,000

If I were going to swing the hatchet, I'd have started with Administration and the Coaching Staff who between them deliver 48% of the LOSS made by the business. How many coaches were costing us half a million?

£10,000 a week on administration? Administrating what? This is EXCLUDING the marketing and marketing wages....which whilst I am on it, doesn't add up either.
£205,000 marketing spend spent by a department on £100,000 wages

Hey, London Broncos will play out of the Hive in 2014 and there is nothing that can be done to change that, but accepting either the logic behind the move or that it is "good for London Broncos" is accepting and rewarding failure. IMHO that is!

IF these figures are true (and I'm not in a position to corroborate them), then it makes me quite angry. Even allowing for the differential between salaries and the actual costs to the business of employing someone, like you say, the numbers just don't seem to stack up.

Re: It's going to be all coming up roses says Gus : Mon Dec 23, 2013 5:05 pm  

Perry wrote:

IF these figures are true (and I'm not in a position to corroborate them), then it makes me quite angry. Even allowing for the differential between salaries and the actual costs to the business of employing someone, like you say, the numbers just don't seem to stack up.

They are correct to the nearest £1,000......I have no reason to doubt the sources.

Re: It's going to be all coming up roses says Gus : Mon Dec 23, 2013 5:37 pm  

1000k+ away fans from Wigan/Saints/Leeds will hopefully help with the profits for AK. Especially on the beer sales. Broncos do have the capacity to sell 5k seats for games quite easily, SL is a bigger product than semi-pro soccer, so potentially we could make AK very happy.

Re: It's going to be all coming up roses says Gus : Mon Dec 23, 2013 6:09 pm  

Perry wrote:

I think I can summarise it by saying that TK is a businessman,

For me the jury is still out on TK ! and will be for another year or so, Khan at Bradford Bulls was seen as a savour for the club and for how long?

Re: It's going to be all coming up roses says Gus : Mon Dec 23, 2013 6:11 pm  

You have the 'new ground' factor, people that would usually um and ah will probably think yeah why not it's a new ground.
That could help bring in a few thousand extra over the season.

Re: It's going to be all coming up roses says Gus : Mon Dec 23, 2013 6:21 pm  

Bees fans have made it clear on here thet TK will not take on the Broncos and lose money so how DH is going to make this work to get TK to become the owner is a mystery to all of us. However we may as well enjoy the ride in 2014 as it may be our last so im just hoping we see a competitive season to finish off with.

It sounds like the location is certainly good for people travelling with the underground 10 mts walk away which will encourage some curious people to give it a try and this will be much easier for way fans to get to as well so if we do get a competitive team (at least at home) there could be a good atmosphere there.