Lets Do The Math

Turnover is pretty much always before transfer dealings. Last years turnover was c.10m which obviously got a boost from the LC win and final.

Ta. Sounds like we won't make 10M then. I suppose if we've sold more ST's and crowds are up that will have helped but not enough. That would make our potential wages to turnover ratio %age on the high side with the example 6M budget....

Do we think sod it and go for that or not? I wonder :hmmm
 
Ta. Sounds like we won't make 10M then. I suppose if we've sold more ST's and crowds are up that will have helped but not enough. That would make our potential wages to turnover ratio %age on the high side with the example 6M budget....

Do we think sod it and go for that or not? I wonder :hmmm

An increase of say on average 500 extra bodies a week at ER would be about around 200k a year. Add in the ticket increases and you would probably be talking around half a million total just from that. Did we make much more than that via the LC last season? Probably not much more tbh.

One of my many many problems with the board is that they have not developed any of the revenue streams you'd expect from a club doing well in the form of decent amounts of money from sponsorships etc. All the increased revenues have came from the pockets of the fans whether that is more sales of merchandising, bigger gates etc. Which means that if crowds and interest drop due to a bad season or two (which is certainly possible) we have not strengthened the overall financial base of the club at all.
 
An increase of say on average 500 extra bodies a week at ER would be about around 200k a year. Add in the ticket increases and you would probably be talking around half a million total just from that. Did we make much more than that via the LC last season? Probably not much more tbh.

One of my many many problems with the board is that they have not developed any of the revenue streams you'd expect from a club doing well in the form of decent amounts of money from sponsorships etc. All the increased revenues have came from the pockets of the fans whether that is more sales of merchandising, bigger gates etc. Which means that if crowds and interest drop due to a bad season or two (which is certainly possible) we have not strengthened the overall financial base of the club at all.

Correct, and I think this comes back to the simplistic perception of STF on a deal that was struck between the club and the fans, the 'We're staying at Easter Road' deal. The club said at the time that they expected the fans to turn out in numbers to keep the deal on. The fans did that, but the reality is that the less hard core fans will inevitably lose a bit of interest when the results and performances aren't turning up either. There is a balance to be struck, and there is no doubt the barometer has swung too far in the direction of debt clearance over the last couple of months as far as the fans are concerned.

There is an alternative theory to consider in all of this, that of the club being made ready for sale. I don't know enough about the posibilities here to comment, beyong pointing out that we are more attractive to any potential buyer than we have been since the 1980s.

It is also true that the club needs some enterprising thought in terms of widening the revenue base, and that's a fault you cannot lay at the fans' door. The whole dynamic of the club's direction over the last few years tends to suggest that the main aim has been to get the accounts squared, whatever the cost in terms of footballing achievement, short-term at least. The fans are left wondering what is happening. Are the board in it for the long term interests of the club, or are they simply preparing to sell up and cash in? Why are the board at odds with the consensus as it appears on these pages and on the streets? I will not accept the claim that the board understand what is good for the club far better than the fans do, or for that matter than the manager does. We are not idiots. Tell us what is going on.

You think about the long-term investment in the training facilities and the projected new stand, and wonder, because these are good ideas in either case (staying or seling). But the suspicion grows that it is not the fortunes of Hibs that is uppermost in their minds when they will not replace quality players when they leave, and will watch us slip steadily down the table without giving the manager what he needs to maintain results and keep the fans relatively happy.
 
An increase of say on average 500 extra bodies a week at ER would be about around 200k a year. Add in the ticket increases and you would probably be talking around half a million total just from that. Did we make much more than that via the LC last season? Probably not much more tbh.

Ah, cool. Well we could be on course for the budget you worked out then :hmmm

One of my many many problems with the board is that they have not developed any of the revenue streams you'd expect from a club doing well in the form of decent amounts of money from sponsorships etc. All the increased revenues have came from the pockets of the fans whether that is more sales of merchandising, bigger gates etc. Which means that if crowds and interest drop due to a bad season or two (which is certainly possible) we have not strengthened the overall financial base of the club at all.

I totally agree. We've been lacking here, this is one of the things 'The Board' have not done well on and deserve criticism for. There is not enough being done. Smurf's post about this recently was spot on.

Recently we've had the phrase 'you can only piss with the cock you've got' used a lot on the Bounce. This is apt when it comes to our spending power. Hibernian FC can only spend what it makes. We all agree we don't want debt again, so we will only be spending what comes in and no more. We have to try and maximise income, so we can maximise our spend.