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Post by Incognito on Apr 3, 2024 20:43:01 GMT
HFC as a full time club is not financially viable. Firstly the owners are not willing to chuck money at it, why would they? Start of the season there was only 5k in the bank... a successful trading business needs between ten to fifteen percent cash reserves minimum. Income is variable across the financial year, some months can be zero, others depending on team performance can produce crowds of 2500 and larger other months sub 2000 crowds. Outgoings, wages with on costs Tax, NI and pensions. Utilities Rent Rates stadium upkeep. HFC with their current business model are punching. Enjoy the ride. HUFC were full time on crowds of 2000 - 2500 for years. I'm not saying we need to go full time, but if it is impossible on the current gates, how did the club manage in the past? They didn't. That's how they ended up owing The Richardsons a million squid.
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vespa
Senior Member
Posts: 626
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Post by vespa on Apr 3, 2024 20:51:17 GMT
HFC as a full time club is not financially viable. Firstly the owners are not willing to chuck money at it, why would they? Start of the season there was only 5k in the bank... a successful trading business needs between ten to fifteen percent cash reserves minimum. Income is variable across the financial year, some months can be zero, others depending on team performance can produce crowds of 2500 and larger other months sub 2000 crowds. Outgoings, wages with on costs Tax, NI and pensions. Utilities Rent Rates stadium upkeep. HFC with their current business model are punching. Enjoy the ride. HUFC were full time on crowds of 2000 - 2500 for years. I'm not saying we need to go full time, but if it is impossible on the current gates, how did the club manage in the past? think we used to get football league money.
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Post by chalkywhite81 on Apr 3, 2024 21:04:33 GMT
HFC as a full time club is not financially viable. Firstly the owners are not willing to chuck money at it, why would they? Start of the season there was only 5k in the bank... a successful trading business needs between ten to fifteen percent cash reserves minimum. Income is variable across the financial year, some months can be zero, others depending on team performance can produce crowds of 2500 and larger other months sub 2000 crowds. Outgoings, wages with on costs Tax, NI and pensions. Utilities Rent Rates stadium upkeep. HFC with their current business model are punching. Enjoy the ride. HUFC were full time on crowds of 2000 - 2500 for years. I'm not saying we need to go full time, but if it is impossible on the current gates, how did the club manage in the past? And they were almost always on the edge of bankruptcy.
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Post by statlerandwaldorf on Apr 3, 2024 22:15:54 GMT
The pyramid needs more of a shakeup. Some sort of wage cap for starters. Wrexham spent £5m last season at Step 5.
Personally I'd have one at our level based upon average attendance. That would stop likes of Brackley and the other full-time playthings in their tracks.
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Post by carrotcruncher on Apr 3, 2024 22:25:56 GMT
HUFC were full time on crowds of 2000 - 2500 for years. I'm not saying we need to go full time, but if it is impossible on the current gates, how did the club manage in the past? They didn't. That's how they ended up owing The Richardsons a million squid. Not quite as simple as that. For 10+ years from early 80s (post HUFC 1982 Ltd) to mid 90s we managed fine on those sort of crowds, albeit finishing 17th most of the time. The post Peacock overspending mid 90s led to relegation, BS Group, Richardsons etc. However, it seems pretty clear that you can no longer run a professional football club on those sort of gates without significant and regular other income.
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Post by psychedelictony on Apr 3, 2024 22:49:43 GMT
Seems so. It really does appear to be the case.
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Post by White Lightning on Apr 4, 2024 15:28:09 GMT
The thing I have never understood is why these people get a club with no fan base and then start bankrolling it.
Take Brackley. If they finally get the job done and get up to the National League, then what? Non League Matters suggests they get average crowds of 716 this season. Approximately 500 below the average for this division. They might average 1200 with better away support next season if they went up?
If they go up I am sure the ground will be fine, it is a nice enough "proper non league" set up, nice bar along the side then about 6 drop in stands dotted randomly around the place. That is surely never a football league compliant stadium without a fair bit of surgery? Although they do seem to have relaxed the criteria quite significantly.
They are a nice enough non league team and it is a lovely town, but surely one that cannot sustain league football?
Not without some serious dough, and being able to play the financial fair play game cleverly.
The only proper piss pot team that have succeeded in getting a bit of fan base is FGR, and they look like they could be relegated. Along with Sutton possibly. Salford seem to have boiled over, and Harrogate will surely end up back in the non league at some point.
An expensive hobby.
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Post by secretsquirrel on Apr 4, 2024 15:47:04 GMT
Isn't the owner of Brackley, Hereford born? Also, once you're in the National League, you can't use the bars during the game, so a big loss in revenue. That was the predicament during the Peter Crouch/Dulwich series, because their bar income was something like a ridiculous 70%, off the top of my head, of their income.
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Post by sevenoaksbull on Apr 4, 2024 17:27:37 GMT
HFC as a full time club is not financially viable. Firstly the owners are not willing to chuck money at it, why would they? Start of the season there was only 5k in the bank... a successful trading business needs between ten to fifteen percent cash reserves minimum. Income is variable across the financial year, some months can be zero, others depending on team performance can produce crowds of 2500 and larger other months sub 2000 crowds. Outgoings, wages with on costs Tax, NI and pensions. Utilities Rent Rates stadium upkeep. HFC with their current business model are punching. Enjoy the ride. HUFC were full time on crowds of 2000 - 2500 for years. I'm not saying we need to go full time, but if it is impossible on the current gates, how did the club manage in the past? True, but for much of that time they were getting revenue from the EFL or Conference, mostly relating to TV money. Also remember that for years HUFC ran at a loss and lived a precarious financial existence, relying on generous individuals to npay the odd bill or two to keep the show on the road. Nearly all clubs in League 2 and NL rely on external sources to cover costs.
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Post by Sheffbull on Apr 4, 2024 17:32:37 GMT
The thing I have never understood is why these people get a club with no fan base and then start bankrolling it. Take Brackley. If they finally get the job done and get up to the National League, then what? Non League Matters suggests they get average crowds of 716 this season. Approximately 500 below the average for this division. They might average 1200 with better away support next season if they went up? If they go up I am sure the ground will be fine, it is a nice enough "proper non league" set up, nice bar along the side then about 6 drop in stands dotted randomly around the place. That is surely never a football league compliant stadium without a fair bit of surgery? Although they do seem to have relaxed the criteria quite significantly. They are a nice enough non league team and it is a lovely town, but surely one that cannot sustain league football? Not without some serious dough, and being able to play the financial fair play game cleverly. The only proper piss pot team that have succeeded in getting a bit of fan base is FGR, and they look like they could be relegated. Along with Sutton possibly. Salford seem to have boiled over, and Harrogate will surely end up back in the non league at some point. An expensive hobby. Agreed. Maybe I’m biased, but I think Hereford have so much potential as a football club if we received dependable, long term investment. No reason why Hereford couldn’t become a League 1 club with a nice, updated stadium and regular 3-4000 crowds with the necessary backing. Unlike Brackley etc., who don’t have anywhere near the same potential. What Brackley for example do have is an ideal location, but on the flip side, the fact that Hereford is isolated and not too close to big cities means the potential to increase the fanbase as we go through the levels is obvious. I always wonder what we would get if we were in the Premier League and we had a ground that held say, 10,000. We would easily sell out in my opinion. Anyway, it would be a great project for someone and the potential is clear, purely for the fact we average 2500 in this league and we aren’t even in the top 7.
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Post by White Lightning on Apr 4, 2024 17:36:20 GMT
The thing I have never understood is why these people get a club with no fan base and then start bankrolling it. Take Brackley. If they finally get the job done and get up to the National League, then what? Non League Matters suggests they get average crowds of 716 this season. Approximately 500 below the average for this division. They might average 1200 with better away support next season if they went up? If they go up I am sure the ground will be fine, it is a nice enough "proper non league" set up, nice bar along the side then about 6 drop in stands dotted randomly around the place. That is surely never a football league compliant stadium without a fair bit of surgery? Although they do seem to have relaxed the criteria quite significantly. They are a nice enough non league team and it is a lovely town, but surely one that cannot sustain league football? Not without some serious dough, and being able to play the financial fair play game cleverly. The only proper piss pot team that have succeeded in getting a bit of fan base is FGR, and they look like they could be relegated. Along with Sutton possibly. Salford seem to have boiled over, and Harrogate will surely end up back in the non league at some point. An expensive hobby. Agreed. Maybe I’m biased, but I think Hereford have so much potential as a football club if it received dependable, long term investment. No reason why Hereford couldn’t become a League 1 club with a nice, updated stadium and regular 3-4000 crowds with the necessary backing. Unlike Brackley etc., who don’t have anywhere near the same potential. What Brackley for example do have is an ideal location, but on the flip side, the fact that Hereford is isolated and not too close to big cities means the potential to increase the fanbase as they go through the levels is obvious and to good numbers. I always wonder what we would get if we were in the Premier League and we had a ground that held say, 10,000. We would easily sell out in my opinion.MT and I would have to queue to get in for 3pm then head straight over to Radford's faced with that predicament.
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Post by White Lightning on Apr 4, 2024 17:42:11 GMT
We would have to get the decks out the front of Radford's if we got in the Prem.
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Post by Incognito on Apr 4, 2024 17:52:22 GMT
We would have to get the decks out the front of Radford's if we got in the Prem. A pair of 1210's?
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Andrew
Senior Member
Posts: 583
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Post by Andrew on Apr 4, 2024 19:11:17 GMT
We would have to get the decks out the front of Radford's if we got in the Prem. A pair of 1210's? Indeed proper
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Post by greekgod on Apr 4, 2024 21:48:01 GMT
The thing I have never understood is why these people get a club with no fan base and then start bankrolling it. Take Brackley. If they finally get the job done and get up to the National League, then what? Non League Matters suggests they get average crowds of 716 this season. Approximately 500 below the average for this division. They might average 1200 with better away support next season if they went up? If they go up I am sure the ground will be fine, it is a nice enough "proper non league" set up, nice bar along the side then about 6 drop in stands dotted randomly around the place. That is surely never a football league compliant stadium without a fair bit of surgery? Although they do seem to have relaxed the criteria quite significantly. They are a nice enough non league team and it is a lovely town, but surely one that cannot sustain league football? Not without some serious dough, and being able to play the financial fair play game cleverly. The only proper piss pot team that have succeeded in getting a bit of fan base is FGR, and they look like they could be relegated. Along with Sutton possibly. Salford seem to have boiled over, and Harrogate will surely end up back in the non league at some point. An expensive hobby. Agreed. Maybe I’m biased, but I think Hereford have so much potential as a football club if we received dependable, long term investment. No reason why Hereford couldn’t become a League 1 club with a nice, updated stadium and regular 3-4000 crowds with the necessary backing. Unlike Brackley etc., who don’t have anywhere near the same potential. What Brackley for example do have is an ideal location, but on the flip side, the fact that Hereford is isolated and not too close to big cities means the potential to increase the fanbase as we go through the levels is obvious. I always wonder what we would get if we were in the Premier League and we had a ground that held say, 10,000. We would easily sell out in my opinion. Anyway, it would be a great project for someone and the potential is clear, purely for the fact we average 2500 in this league and we aren’t even in the top 7. You best mention this 10000 sell out to the council. They may need to put a 3rd level on the multi storey plans at the old bus station.
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Post by Hawkeye on Apr 4, 2024 22:13:48 GMT
The thing I have never understood is why these people get a club with no fan base and then start bankrolling it. Take Brackley. If they finally get the job done and get up to the National League, then what? Non League Matters suggests they get average crowds of 716 this season. Approximately 500 below the average for this division. They might average 1200 with better away support next season if they went up? If they go up I am sure the ground will be fine, it is a nice enough "proper non league" set up, nice bar along the side then about 6 drop in stands dotted randomly around the place. That is surely never a football league compliant stadium without a fair bit of surgery? Although they do seem to have relaxed the criteria quite significantly. They are a nice enough non league team and it is a lovely town, but surely one that cannot sustain league football? Not without some serious dough, and being able to play the financial fair play game cleverly. The only proper piss pot team that have succeeded in getting a bit of fan base is FGR, and they look like they could be relegated. Along with Sutton possibly. Salford seem to have boiled over, and Harrogate will surely end up back in the non league at some point. An expensive hobby. Agreed. Maybe I’m biased, but I think Hereford have so much potential as a football club if we received dependable, long term investment. No reason why Hereford couldn’t become a League 1 club with a nice, updated stadium and regular 3-4000 crowds with the necessary backing. Unlike Brackley etc., who don’t have anywhere near the same potential. What Brackley for example do have is an ideal location, but on the flip side, the fact that Hereford is isolated and not too close to big cities means the potential to increase the fanbase as we go through the levels is obvious. I always wonder what we would get if we were in the Premier League and we had a ground that held say, 10,000. We would easily sell out in my opinion. Anyway, it would be a great project for someone and the potential is clear, purely for the fact we average 2500 in this league and we aren’t even in the top 7. Hereford is isolated in football terms. So is Barrow (remember them from the 1970s?). It was interesting to discover on Monday via 'The Times' that Barrow, currently flying high in League 2, are no longer based in Barrow. They're reported to have their base (and allegedly have for a while) in Manchester. Their current HQ is the FC United stadium, with a view to being able to attract players from Yorkshire, Lancashire, Merseyside etc. Seems the only time they appear in Cumbria is for 'home' matches. Or, was that a very good April Fool story? 🤔
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Post by eggchaserbull on Apr 5, 2024 13:17:28 GMT
Agreed. Maybe I’m biased, but I think Hereford have so much potential as a football club if we received dependable, long term investment. No reason why Hereford couldn’t become a League 1 club with a nice, updated stadium and regular 3-4000 crowds with the necessary backing. Unlike Brackley etc., who don’t have anywhere near the same potential. What Brackley for example do have is an ideal location, but on the flip side, the fact that Hereford is isolated and not too close to big cities means the potential to increase the fanbase as we go through the levels is obvious. I always wonder what we would get if we were in the Premier League and we had a ground that held say, 10,000. We would easily sell out in my opinion. Anyway, it would be a great project for someone and the potential is clear, purely for the fact we average 2500 in this league and we aren’t even in the top 7. Hereford is isolated in football terms. So is Barrow (remember them from the 1970s?). It was interesting to discover on Monday via 'The Times' that Barrow, currently flying high in League 2, are no longer based in Barrow. They're reported to have their base (and allegedly have for a while) in Manchester. Their current HQ is the FC United stadium, with a view to being able to attract players from Yorkshire, Lancashire, Merseyside etc. Seems the only time they appear in Cumbria is for 'home' matches. Or, was that a very good April Fool story? 🤔 Not much point to a Barrow unless it's easily moved.
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Post by Incognito on Apr 5, 2024 13:40:02 GMT
Probably a few wheely taken in by that one.
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Post by secretsquirrel on Apr 5, 2024 14:03:07 GMT
Agreed. Maybe I’m biased, but I think Hereford have so much potential as a football club if we received dependable, long term investment. No reason why Hereford couldn’t become a League 1 club with a nice, updated stadium and regular 3-4000 crowds with the necessary backing. Unlike Brackley etc., who don’t have anywhere near the same potential. What Brackley for example do have is an ideal location, but on the flip side, the fact that Hereford is isolated and not too close to big cities means the potential to increase the fanbase as we go through the levels is obvious. I always wonder what we would get if we were in the Premier League and we had a ground that held say, 10,000. We would easily sell out in my opinion. Anyway, it would be a great project for someone and the potential is clear, purely for the fact we average 2500 in this league and we aren’t even in the top 7. Hereford is isolated in football terms. So is Barrow (remember them from the 1970s?). It was interesting to discover on Monday via 'The Times' that Barrow, currently flying high in League 2, are no longer based in Barrow. They're reported to have their base (and allegedly have for a while) in Manchester. Their current HQ is the FC United stadium, with a view to being able to attract players from Yorkshire, Lancashire, Merseyside etc. Seems the only time they appear in Cumbria is for 'home' matches. Or, was that a very good April Fool story? 🤔 If my memory serves me correctly, Stranraer, did a similar thing. Players trained in Glasgow, and only went to Stranraer on match days.
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Post by Hawkeye on Apr 5, 2024 14:06:22 GMT
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