Terry, I've yet to deal with a sponsor who'll pay cash up front, even in good times (when the sum is more than 3 figures). Normally it's paid in installments.
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Terry, I've yet to deal with a sponsor who'll pay cash up front, even in good times (when the sum is more than 3 figures). Normally it's paid in installments.
Exactly Spud
Remember a budget for a season is only an estimate nothing is set in stone. Sponsors would be expected being on TV(not great) every week and having half decent crowds. Just didn't happen I'm afraid with the current climate and location of the club?
The same climate as the last 4 years. That can't be a surprise to anybody any more.Quote:
Originally Posted by Morginho
No one is saying there aren't mitagating factors in play, but no one can deny Mons board over stretched. And given what's happened to many LOI clubs in recent years, thats pretty unforgivable.
But theres a big difference financially being in the Premier Div compared to First Division. Higher wages, licensing, etc. In a place like Monaghan crowds won't grow to match these costs so your always going to be at a loss. You'd need min 1000 per home match for it to be sustainable and that just wasn't happening. Plus look at the money you get for your finishing place in the PL compared to the enterance fee???
I can see how the recent move, and the sudden economic crash this year caught ye out alright.Quote:
Originally Posted by Morginho
*Error to much sarcasm* CRASH
Why higher wages. You set the wages, not the division. See, this is the problem we're talking aboutQuote:
Originally Posted by Morginho
Well if you don't up your wages even a little you can't attract PL quality players to try and stay in the Division. You don't start the season saying right we're going to sign a load of amateurs and just survive this season. Obviously we didn't know at the beginning that this would happen
You set your playing budget on realistic figures to see out the season in a reasonable state. I can't believe anyone would defend what happened with trying to be competitive when it killed your senior team. It's mindboggling to be honest.
Quote:
Originally Posted by Morginho
Yes you do if there is any chance that anything else would kill your club.
I can't believe that. It's like Shamrock Rovers raiding the Atletico Madrid side so they can compete at Europa League level.
While I agree that Mons have made mistakes, the castigating of them here is over the top.
From what I've read on the thread so far Mons increased wages in line with projections of income over the season. Now as long as those projections were reasonable and on the conservative side, there has been no evidence to the contrary, then is this not a case of hoping for 200/250 extra people per home game through the gates that has not materialised? - Is this unforgivable? Does that make them a disgrace ? Would each and every one of us here made the same reasonable assumption at the start of the season ? Hindsight is the world's best judgement tool. I don't think we know enough about the figures to criticise them as much as people are.
Would anyone be able to give an indication of what percentage players wages were of overall Monaghan spending (budget) for the season and per week/month. Do fans of other clubs be able to give rough estimate of same for their teams as well. thanks
The fact they can't see out the season is evidence enough. If they had a mid season crisis and had to cut wages/ playing staff/ go amateur is one thing, failing to fulfill fixtures is quite another imo.Quote:
Originally Posted by Real ale Madrid
If they were reasonable projections the club would still be in the league. And 250 extra people per home game would be more than a 50% increase for Monaghan. There is no way they would have dreamed of that.Quote:
Originally Posted by Real ale Madrid
I posted previously that I was told that Monaghan budgeted for more (multiples of it) in a main sponsorship deal than Pats bring in. Reliable source
If its true than that blows the 'reasonable' myth out of the water.
Many multiples of Pats?Quote:
Originally Posted by Dodge
That's not a credible statement to me. Surely someone on the licencing committee can look at that and say - Monaghan are projecting sponsorship money - with a yet unnamed sponsor - and that figure is many multiples of the entire sponsorship of St.Patricks Athletic?
If that was the sort of pie-in-the-sky financial model being employed then you could dismiss Monaghan's claims out of hand - but does anyone really believe that was the sort of thing going on ? Do Monaghan have a history of this type of financial mis-management ????
Quote:
Originally Posted by Charlie Darwin
I just wonder if both of you had seen the budget at the start of the season - would you dismiss it out of hand like you are doing now with the benefit of hindsight. You nor I know the details of the budget - yet ye are quick to pass judgement now that its all gone t1ts up.Quote:
Originally Posted by Macy
€160k was the figure btw
Per season ? or over how many years ?Quote:
Originally Posted by Dodge
If Mons were allowed budget for anything near that in a main sponsor than the league is doomed. Licencing will fail.
That's kind of like saying Greece will need a bailout.Quote:
Originally Posted by Real ale Madrid