Re: Wakefield AFC : Fri Jan 20, 2023 8:59 am  

Khlav Kalash wrote:

Football grants hopefully..

Surely, with only 3 years tenure, Wakefield AFC aren't going to simply bend over and handover all of these (?) football grants that they are now seemingly going to get, and build us a west stand for example?

If you rented a flat from a Landlord down Agbrigg would you pay for a new roof terrace out of your own pocket if you had a finite lease?

They will have an agreement for lease that says they pay us £x per month, over 36 months. Unless MC has generated some leverage and hard written it in to the doc that AFC must also contribute in some way over and above rent then I don't share this blind optimism that seems to have eventuated.

Not pointed at you Khlav, there are just so many of these posts. I can't see it turning out like that.

Would love to get the view of an experienced sports administrator on this with some case studies.

Re: Wakefield AFC : Fri Jan 20, 2023 9:09 am  

vastman wrote:

I’ll answer you only once

I think I did on some post or other but yes you are right.

The beauty for both clubs is that the match would be played at BV. They would have home advantage, ticket sales etc and we’d sell all the pints and pies.

I suppose Fev offers the same apart from the pitch but you get the idea.

For a club like Trinity the issue is cash flow, always has been and TBF that applies to most clubs. If we can even that out even moderately it will help hugely. Especially when working out contracts.

I don’t want to get carried away it’s not yet what some are thinking. WAFC are a tadpole even compared to us, there is no partnership as it would be too one sided to work just yet. However they do seem to fit for now.

Vasty I know you are quite senior at the club now, but are you aware (the serious part of this post) of any details on F&B and profits from match day etc for AFC games that would mean we get a margin on any of that - OR is it just a straight rental, where they receive quiet enjoyment of everything and take all upside etc? (So, in parlance, there is no "Turnover Rent" as such to pay)?

Re: Wakefield AFC : Fri Jan 20, 2023 9:20 am  

There’s a lot of stuff in the sub text of the press releases and interviews ( especially with Gui Decca) that makes this intriguing

That the aims and objectives of Wakefield AFC are very culturally aligned with Trinity…

That they are not seeking to build their own Stadium but want a long term future in the centre of Wakefield..

That they see community as the heart of their business model and want to build a specialist training and excellence facility… also as a community facility

That their first duty was to build a financially sustainable sports club with a long term future

Further… The club is owned by a wealth management company V02 Capital (based in New York and São Paulo that manages the investment portfolio for 25 of the richest families in Brazil

The creation of V02 was reported as significant in Bloomberg Press and Private Banker International

At the end of 21 they were managing investments of £197m and US property portfolio in excess of £50m

The have further investments and run a specialist analytics company service

And they are only 3 years old

Even without the rental and such… the mere association with the owners of V02 Capital increases the exposure of Trinity and the city of Wakefield into places previously seen as fantasy land

It is intriguing indeed!

Re: Wakefield AFC : Fri Jan 20, 2023 10:59 am  

This is a great move for both Wakefield AFC and of course, for Trinity and it will be great to have something to do in the "off season".
The more success that both clubs have, the brighter the future is for all.

Great work from all involved !

Re: Wakefield AFC : Fri Jan 20, 2023 11:19 am  

BackSeatCoach wrote:

Surely, with only 3 years tenure, Wakefield AFC aren't going to simply bend over and handover all of these (?) football grants that they are now seemingly going to get, and build us a west stand for example?

If you rented a flat from a Landlord down Agbrigg would you pay for a new roof terrace out of your own pocket if you had a finite lease?

They will have an agreement for lease that says they pay us £x per month, over 36 months. Unless MC has generated some leverage and hard written it in to the doc that AFC must also contribute in some way over and above rent then I don't share this blind optimism that seems to have eventuated.

Not pointed at you Khlav, there are just so many of these posts. I can't see it turning out like that.

Would love to get the view of an experienced sports administrator on this with some case studies.

Thats how I see it. Long, long way to go for any of that to happen.

Re: Wakefield AFC : Fri Jan 20, 2023 11:25 am  

BackSeatCoach wrote:

Vasty I know you are quite senior at the club now, but are you aware (the serious part of this post) of any details on F&B and profits from match day etc for AFC games that would mean we get a margin on any of that - OR is it just a straight rental, where they receive quiet enjoyment of everything and take all upside etc? (So, in parlance, there is no "Turnover Rent" as such to pay)?

I'm not senior, haven't even paid for my shares yet But I get told the odd thing.

I'm guessing WAFC pay a monthly rent that includes, ground, office space, amenities etc.

I'd guess they take all the match day receipts, minus stewarding etc. I'd suspect they get a percentage of any corporate they sell, we get the rest. All concessions such as bar takings and refreshments will go to us.

Being at BV will not be cheap for WAFC to start with, but if they start to rise they will eventually be in a stronger place. Then they must decide what to do next.

Re: Wakefield AFC : Fri Jan 20, 2023 11:37 am  

Re football grants, I was thinking long term.

Re: Wakefield AFC : Fri Jan 20, 2023 9:37 pm  

Khlav Kalash wrote:

Well you made up for that.....

Good 'un Khlav. I blame the crap dynamics of this website mi sen!!!!

Re: Wakefield AFC : Sat Jan 21, 2023 11:15 am  

Have they always played in Trinity colours? That was an interesting hint.

Re: Wakefield AFC : Sat Jan 21, 2023 11:17 am  

Slugger McBatt wrote:

Have they always played in Trinity colours? That was an interesting hint.

I maybe wrong but I think the ladies team used to play under our badge as part of our development team