Today Tomorrow Tue 17 Wed 18 Thu 19 Fri 20 Sat 21






Tranmere Rovers v AFCW (FL1) k.o 15:00
Next WUP not due out for Boxing Day. Contributions wanted.
Enter e-mail and Tag To Login
Paper's Crowd Count
Last 5 minutes : 71
Last 24 hours : 4570
Refresh Clear Form
   
You are on page 50. Click the red cross to clear.
 I came away with the impression that as a league 1 club we are losing £1m a year. In order to know if we can afford the finance we need to know what our position is without stadium costs. The accounts seem to suggest we are just about sustainable, albeit with some cup revenue and donations included in income.
10th Dec 2019 10:50:10 
[176.lo.gg.ed] 
It's the difference between the increased revenue at PL plugging an existing gap or being available to service a loan.
 some seem to think we are playing at Stamford bridge next season:-)
10th Dec 2019 10:49:46 
[86.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
 Concerning JP responding to the kingsmeadow Chelsea stadium stay. I felt he said there was no formal talks or any undertaking for us to play there. As the question relates to the likelyhood of the stadium not being ready in time you'd think they would have a firm principle to start the season there if needed.
10th Dec 2019 10:47:29 
[2.lo.gg.ed] 
dkibs
I think it would not be in the ext investors narrative to have this on place to give us all some more time. Just another notch to ramp up the pressure.
 Yes Wags, amazed he was front and centre.
10th Dec 2019 10:42:24 
[2.lo.gg.ed] 
middle aged don
Ex www.wup.me.uk - The home of WU
 Are we allowed or is it possible to raise the admission prices for match days? £2-£3 each & maybe 50p on the programme? That could work out to a tidy sum?
10th Dec 2019 10:41:47 
[77.lo.gg.ed] 
Probably a daft idea!
 considering Chelsea took over the running of ground and pitch maintainace,and after the cup run,tv matches,im astonished we lose 1 million.with a low end budget.
10th Dec 2019 10:41:21 
[86.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
 A (then) board member told me we had the numbers to be a Championship side at an extended Kingsmeadow (no longer going to call it TCCRFS).
10th Dec 2019 10:40:38 
[2.lo.gg.ed] 
Maybe 12/13 years ago.
 SB, I'm one of those people. That was the whole point of reforming. We didn't reform because we didn't own Wimbledon FC. We reformed because we wanted a club to play in Wimbledon. Playing in Wimbledon is as uncompromisable to me as complete fan ownership is to Kris Stewart.
10th Dec 2019 10:40:26 
[213.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
 I posted two weeks ago on webjam (obviously went unanswered - god bless webjam, it will be missed eh?) asking if the costs for the 4k build are fixed or subject to movement and if the 4k would potentially become 3k.last night it emerged that the barebones 3,260 capacity stadium option now costs more than we thought it would when the SGM papers were published ie over £1m gap. Let's put this to bed - a barebones 3k option is not viable. It will kick us out the FL, we don't have the money for it, seedrs funding will be lost and funding gap will be bigger, we'll need to demobilised and remobilise etc etc.. We have two options essentially a) a mix of commercial/public sector finance and fundraising b) external investment (and loan). Both should be worked up in full. The current detail is not sufficient to have confidence in either option.
10th Dec 2019 10:40:08 
[213.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
 Starting to wonder if Erik isn't one of the 3.
10th Dec 2019 10:39:14 
[2.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
 Slow that does present a different impression to that first hour last night.
10th Dec 2019 10:37:20 
[81.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
 In other words take out the stadium and for that year we'd have only needed to reduce the playing budget by £200k to break even. Those numbers for 2019 and the current year projections are crucial in order to make a decision about investment.
10th Dec 2019 10:34:30 
[176.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
 Stta, as much as the Isle of Wight would welcome the Wombles here, they are pretty much signed up to community assets belong in their place of origin.
10th Dec 2019 10:33:26 
[81.lo.gg.ed] 
Though the wombles welcome to the island for a Saturday pre-season friendly to open the new group would be a great occasion
 Wagner - it was purely because a particular group within our fan base would countenance no long term plan that saw AFCW playing outside of Merton!
10th Dec 2019 10:32:50 
[109.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
 Clearly staying at KM next season is essential in order to avoid yet more “dither and delay” and the unnecessary distraction of having to hunt for an interim groundshare - we can pay them rent and they can continue to improve the ground uninterrupted. Surely sensible all round?
10th Dec 2019 10:32:19 
[86.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
 Surrey Bob that’s because we don’t know who they are and some people (especially those who were most actively involved in the whole storm of WFC to AFCW) seem to hold onto those concerns more than others. That is fair enough. Until we get a proper Q&A evening with them there isn’t a hope of getting the required level of support.
10th Dec 2019 10:32:08 
[81.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
 This is the important note from the June 2018 Accounts - "Were it not for this expenditure, we would have a deficit on our profit and loss account of less than £200,000 in achieving League One status. To put it another way, for a fans-owned, self-funded club to be on the verge of moving into a new stadium, having climbed from the base of the football pyramid to League One, all in a financially sustainable way, is something to be celebrated."
10th Dec 2019 10:32:03 
[176.lo.gg.ed] 
It's necessary to understand whether the losses we are making are a result of trying to stay in league 1 or whether they are attributable to the stadium.
 OI don’t know if the constitution allows this but as the chair is the chair (bear with me) then how about co-opting a DT member to chair the meetings and allow the board to concentrate on being the board.
10th Dec 2019 10:30:08 
[81.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
 OI don’t know if the constitution allows this but as the chair is the chair (bear with me) then how about do-opting a DT member to chair the meetings and allow the board to concentrate on being the board.
10th Dec 2019 10:30:00 
[81.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
 Were there any handouts last night explaining the financial situation in detail?
10th Dec 2019 10:28:50 
[86.lo.gg.ed] 
Ex www.wup.me.uk - The home of WU
 What grates me the most is that if we knew 2 years ago we were unsustainable at League 1, why the hell did we sell our ground? Why the hell did we get into a snooker situation needing to HAVE (not borrow) £11+million and why the absolute hell did we spend £2.4 million without telling us.
10th Dec 2019 10:27:41 
[2.lo.gg.ed] 
Honestly, this really stinks of malfeasance.
 Good morning all, I was at the meeting last night and from that and the subsequent discussions on here, I can see no way forward without the investors revealing themselves. They would have been watching last night and should be able to see that they will be listened to and their ideas not rejected out of hand. In the background the DTB must be exploring other funding options, especially bonds, donations and loans...
10th Dec 2019 10:24:58 
[86.lo.gg.ed] 
I can’t see that the other open meetings will add much new...
 Bert - my question is will we get anywhere near 3,000 x £3,000. Every time our fans have been asked to put their hands deep onto their pockets we have come up short. I doubt we would raise more than £2-3m that route. Also, bear in mind, we may lose a big chunk of the Seedrs money. After all, many of those who donated must be thinking that lot couldn't run a piss-up on a brewery so why should I give them my hard-earned to fuck up!
10th Dec 2019 10:23:47 
[109.lo.gg.ed] 
Many may decide to convert their Seedrs "donation" into a bond. Kiss that Seedrs money goodbye!
 Jp speaking to Chelsea doesn’t imply that at all Minty.
10th Dec 2019 10:21:22 
[2.lo.gg.ed] 
middle aged don
Ex www.wup.me.uk - The home of WU
 It’s only not an option Brighton from those presenting the options they want from the clusterfuck presided over.
10th Dec 2019 10:18:23 
[2.lo.gg.ed] 
middle aged don
we Just keep digging ourselves a deeper hole: put this on hold