|
|
Post by Dodger on Feb 28, 2015 20:15:36 GMT
|
|
|
|
Post by zeke on Feb 28, 2015 21:22:02 GMT
|
|
|
|
Post by thesecondjack on Feb 28, 2015 23:17:13 GMT
Kiddy really do seem to need some money sharpish, and if they did ask for a sizable downpayment on rent that would be fine by me, but I'd be worried that we pay for 2 years up front and Kiddy go out of business in 12 months time leaving us with no ground to play on and lost money. Perhaps if asked to give the money up front, Worcester should ask for a total reduction in price.
|
|
|
|
Post by Dodger on Mar 1, 2015 19:39:00 GMT
As I mentioned in another post, Kiddy may need to be renting from us!  It's their AGM tomorrow evening, so there may be some fall-out from that. I wonder if the rumour of paying £50k for the pitch improvements during last close season when in fact only £25k worth of work was actually carried out is true? If so, what happened to that other £25k??? Dodger. |
|
|
|
Post by The Verner on Mar 2, 2015 12:22:56 GMT
Kiddy really do seem to need some money sharpish, and if they did ask for a sizable downpayment on rent that would be fine by me, but I'd be worried that we pay for 2 years up front and Kiddy go out of business in 12 months time leaving us with no ground to play on and lost money. Perhaps if asked to give the money up front, Worcester should ask for a total reduction in price. Its a year with an option of a second year, so they could only ask for an up front sum for the season. |
|
|
|
Post by Dodger on Mar 31, 2015 16:57:20 GMT
|
|
|
|
Post by adycrean on Apr 1, 2015 10:12:05 GMT
It looks like Kiddy are scraping their way through the season, fortunately helped by a lucrative home game v Bristol Rovers.
....Before reducing the wage bill for next season. But the communication from the club seems very poor.
Hard to have any sympathy - they have been living beyond their means, helped out by a benefactor who now seems to be 'moving on.' They will struggle next year
|
|
|
|
Post by Dodger on Apr 1, 2015 11:51:42 GMT
So, if the staff (presumably including non players?) haven't been paid then they also won't be paid this week either as KHFC are relying on a bumper gate for the Bristol game to smooth things over.
Being optimistic about the sums..........BR have 2,500 tickets allocated and will probably easily sell out, if not done so already.
Their support will no doubt include concessions and youngsters so working on an average price of, say, £12 per fan, this gives an income of £30,000. Quite substantial, as is. Couple this £12 per fan with approx 500 KH supporters (non season ticket holders) and that adds a further £6,000.
Total £36,000.
Presumably there will be additional stewarding costs to consider and is there also an obligation to pay for additional policing costs? There may be more than 'one man and his dog' needed outside Captain Cod?
If so, £36,000 doesn't look so lucrative.
What if the stewards decide to take the day off as they haven't been paid? What if the players refuse to play?
Dodger.
|
|
|
|
Post by thesecondjack on Apr 1, 2015 13:15:22 GMT
Over the last couple of years when we all watched Hereford fall and see their fans raise hundreds of thousands to try and deal with the debts and keep their club, I was of the opinion that when a situation is that bad, you should perhaps just throw in the towel. I'm not saying Kiddy should pack it in, but they need to deal with their finances quickly.
I don't know the full story but as I understand Kiddy have 2 former directors who have been bankrolling them, paying the wages and making sure they last out the season, whereas their current directors are now refusing that money and blaming fans for not turning up to watch some drab football. It's hard watching a team suffer like this, even if they are meant to be your rivals.
I strongly think they need a new board or go part time, revenue must be increased or costs cut.
|
|
|
|
Post by Woodenose on Apr 1, 2015 14:43:43 GMT
So, if the staff (presumably including non players?) haven't been paid then they also won't be paid this week either as KHFC are relying on a bumper gate for the Bristol game to smooth things over. Being optimistic about the sums..........BR have 2,500 tickets allocated and will probably easily sell out, if not done so already. Their support will no doubt include concessions and youngsters so working on an average price of, say, £12 per fan, this gives an income of £30,000. Quite substantial, as is. Couple this £12 per fan with approx 500 KH supporters (non season ticket holders) and that adds a further £6,000. Total £36,000. Presumably there will be additional stewarding costs to consider and is there also an obligation to pay for additional policing costs? There may be more than 'one man and his dog' needed outside Captain Cod? If so, £36,000 doesn't look so lucrative. What if the stewards decide to take the day off as they haven't been paid? What if the players refuse to play? Dodger. |
|
|
|
Post by Woodenose on Apr 1, 2015 14:50:34 GMT
Bristol Rovers 2,500 what will be Kidderminster's 2,000? Capacity is over 6,000. KH could have had a lot more if they thought about it better. It will be interesting to see their attendance
|
|
|
|
Post by horseshoer on Apr 1, 2015 17:26:39 GMT
Out of interest do KHFC actually own Aggborough and if so is it freehold or leasehold?
|
|
|
|
Post by Dodger on Apr 1, 2015 18:32:18 GMT
I'm not sure................. but a concern, maybe, for City is if KHFC go into Administration.........will our commitment to playing at Soggborough be honoured by any Administrator?.
KHFC have basically had their financial stability underpinned by Ernie & Kath Lane but moving forward this may now no longer be the case. With supporters asking (obvious) questions about 'where the money has gone', it seems the Lanes may have realised things were't going to plan and their money was disappearing faster than they envisaged.
If the lack of finance (staff not being paid as an example) prompts some sort of official enquiry, KH could be in a lot of bother (hopefully City haven't paid all the ground rent up front),
Food for thought, perhaps?
Dodger.
|
|
|
|
Post by The Verner on Apr 1, 2015 20:23:57 GMT
Bristol Rovers 2,500 what will be Kidderminster's 2,000? Capacity is over 6,000. KH could have had a lot more if they thought about it better. It will be interesting to see their attendance They shouldn't reach capacity....i mean ..we didnt vs Scunthorpe did we ?? |
|
|
|
Post by thesecondjack on Apr 2, 2015 0:32:57 GMT
Wasn't it that we couldn't sell out because Scunthorpe had to have a certain number due to the cup rules which they didn't fill, and half of the one end was closed because of the camera scaffolding? I might be wrong. Still you're right, they will nowhere near fill the ground. Bristol Rovers have a big fanbase for Conference football, but it's not like playing Manchester United like a lot seem to think. Rovers average home attendance this year is about 6,200, they have a decent away support too but you could give them 4,000 tickets for kiddy and they won't sell out by a long shot... even though they are hunting promotion. It'll be interesting to see next year to see FC United in our league, what following they bring with them (average home attendance of around 1,700 this year) |
|
|
|
Post by Dodger on Apr 2, 2015 6:58:07 GMT
Local Stourbridge and Halesowen gates swelled from around the average of 300-400 up to 1400 for the FCoM visit.
But for Kiddy, the 'unknowns' will be managing the BR supporters that get to the game without tickets (possible local disturbances?) and the likelihood of pitch invasion from jubilant Rovers support (financial penalty imposed on KHFC?).
All in all, the board at KHFC may be underestimating the costs associated with the match but, then again, they are the experts and would have done their sums.............hopefully.
Dodger.
|
|
