Not a Single Penny Spent ( so far)

[Still's Carenae]

I genuinely believe our club ( The Board )isnt as keen on promotion as we fans are
This transfer window has been "typical Orient". By that i mean cheapskate.

They like to give the impression they are progressive, but its smoke and mirrors, in reality

Three players have been brought in, and have cost the club nowt....a young lad who's not played a league game before, a Rotherham reject, and a guy who hasnt played for a year due to serious injury.

We're top of the league ( till Tuesday), and we shouldnt be bringing in cheapo signings like this. We should be bringing in decent quality players. You dont get promotion with boys, rejects, and sicknotes. Harsh but true.

Hard to take for most fans, but this is true, if we're being really honest.

Remember, so far, a well off club, with about 10 multi millionaires as board members, that are being sponsored by about 30 sponsers, havent spent a single penny in this window, not a single penny!

You do realise we ALREADY lose £2,000,000 per season right?

You do realise we will lose a massive amount more if we don’t get promoted!!

Good to have you back Poundhill.

[Still's Carenae]

Purely out of curiosity I wonder how our budget compares with Stevenage's.?

Hard to imagine that Stevenage on crowds of 2,500 - 3,000 have a bigger budget than us but they seem to have attracted a few decent players, like Piergianni and Sweeney.

They outbid us for 2 players in the summer. I do not know what there setup is, but we are spending money on our future.

[RedDwarf 1881]

Purely out of curiosity I wonder how our budget compares with Stevenage's.?

Hard to imagine that Stevenage on crowds of 2,500 - 3,000 have a bigger budget than us but they seem to have attracted a few decent players, like Piergianni and Sweeney.

They outbid us for 2 players in the summer. I do not know what there setup is, but we are spending money on our future.

I'm not sure what you mean. How is that different from Stevenage's recruitment .?

[tuffers#1]

Hard to imagine that Stevenage on crowds of 2,500 - 3,000 have a bigger budget than us but they seem to have attracted a few decent players, like Piergianni and Sweeney.

They outbid us for 2 players in the summer. I do not know what there setup is, but we are spending money on our future.

I'm not sure what you mean. How is that different from Stevenage's recruitment .?

They valued players on wage x & Richie said No , Fatty Evans said yes

[Top of the JES]

I genuinely believe our club ( The Board )isnt as keen on promotion as we fans are
This transfer window has been "typical Orient". By that i mean cheapskate.

They like to give the impression they are progressive, but its smoke and mirrors, in reality

Three players have been brought in, and have cost the club nowt....a young lad who's not played a league game before, a Rotherham reject, and a guy who hasnt played for a year due to serious injury.

We're top of the league ( till Tuesday), and we shouldnt be bringing in cheapo signings like this. We should be bringing in decent quality players. You dont get promotion with boys, rejects, and sicknotes. Harsh but true.

Hard to take for most fans, but this is true, if we're being really honest.

Remember, so far, a well off club, with about 10 multi millionaires as board members, that are being sponsored by about 30 sponsers, havent spent a single penny in this window, not a single penny!

You do realise we ALREADY lose £2,000,000 per season right?

Sadly that’s football.
Name any league 1 or 2 clubs that turn a profit.

Walsall.

[aylesburyos]

that idiot wallace must be paying out of his own pocket as apart from us & Northampton their cowds have been less than 3000 at home

[tuffers#1]

Stockports Billionaire Owner pays out of his own pocket , most club owners do so. Then make up creative ways to bring finance in. Long gone are the days gate money covers player wages .

[cockhat]

You do realise we ALREADY lose £2,000,000 per season right?

Sadly that’s football.
Name any league 1 or 2 clubs that turn a profit.

Walsall.

Wow that’s impressive 1 from 48.

[Top of the JES]

Sadly that’s football.
Name any league 1 or 2 clubs that turn a profit.

Walsall.

Wow that’s impressive 1 from 48.

You implied no one does, but they do and there are other clubs who make reasonably small controlable losses - Being a London club and not owning our ground means we have heavy costs to take into account so I doubt unless we move and start getting 15,000 crowds fairly regularly we are not going to make profits - the club has an ambitious goal to break even. You constantly moan and bitch about not spending money but this board have spent a lot on the ground in the last two years (roof, floodlights etc) and are putting in a new deso pitch in the summer - not cheap, They would already have had to make money available for the Three players that have signed this month. If you expecting us to go out and spend 2 or 300 £thousand on players this month you are as ever living in cloud Cuckoo land. We are in a great position and theres no reason with the squad we have why we can't go on and finish the job.

We have fantastic owners and I trust them, Lingy and Wellens to get it right.

[spen666]

You do realise we ALREADY lose £2,000,000 per season right?

Sadly that’s football.
Name any league 1 or 2 clubs that turn a profit.

Walsall.

Interesting topic.

the most recent accounts for Walsall show they would have made a loss of circa £600,000 if it were not for furlough payments from the government. That is in accounts to May 2021. In the year prior to that ( to May 2020), they would also have made a loss if it were not for furlough payments

[Max Fowler]

I’d rather we didn’t spend two or three hundred thousand on players ever. There’s no need to pay transfer fees in this day and age at this level.

The three hundred thousand we allegedly spent in the summer could and should have been spent on wages for more, better players.

[Max Fowler]

Sadly that’s football.
Name any league 1 or 2 clubs that turn a profit.

Walsall.

Interesting topic.

the most recent accounts for Walsall show they would have made a loss of circa £600,000 if it were not for furlough payments from the government. That is in accounts to May 2021. In the year prior to that ( to May 2020), they would also have made a loss if it were not for furlough payments

But they did receive furlough payments. You cant pretend stuff didn’t happen.

[Top of the JES]

They have made a profit 15 years running. The furlough payment basically replaced lost income like every other legit business that took them.

[spen666]

Walsall.

Interesting topic.

the most recent accounts for Walsall show they would have made a loss of circa £600,000 if it were not for furlough payments from the government. That is in accounts to May 2021. In the year prior to that ( to May 2020), they would also have made a loss if it were not for furlough payments

But they did receive furlough payments. You cant pretend stuff didn’t happen.

Erm, I think I may just have mentioned they did receive furlough payments. Not sure why you think I am pretending they didn't, when the post I made was to state that they had received furlough payments

[Max Fowler]

So they did receive furlough payments and did in fact make profits in the years mentioned?

Glad we’ve cleared up that they are an example of a profitable club.

[RedDwarf 1881]

They have made a profit 15 years running. The furlough payment basically replaced lost income like every other legit business that took them.

Does anybody know how Walsall made those profits ?

[Top of the JES]

They have made a profit 15 years running. The furlough payment basically replaced lost income like every other legit business that took them.

Does anybody know how Walsall made those profits ?

They have run the club prudently and sold the odd player and own their ground I believe - I think they also ran/run a successful sunday market which gives them additional income, they now have a wealthy investor so be interesting to see how they go.

[Max Fowler]

They have made a profit 15 years running. The furlough payment basically replaced lost income like every other legit business that took them.

Does anybody know how Walsall made those profits ?

[spen] Furlough receipts from the Government [/spen]

[spen666]

They have made a profit 15 years running. The furlough payment basically replaced lost income like every other legit business that took them.

Does anybody know how Walsall made those profits ?

They made profits by spending less than their income!



The extract from the notes to their accounts shows turnover (the furlough money was shown as a separate line in the P&L)

Match receipts were only about 1/10 of their other Football & Commercial Income, I am guessing the football income here includes sales of players, but its not clear

[tuffers#1]

Sadly that’s football.
Name any league 1 or 2 clubs that turn a profit.

Walsall.

Wow that’s impressive 1 from 48.

You only asked for 1 Dinlow , dont complain when you are given what you asked for

[Long slender neck]

Good to see you’ve finally nailed your colours to your mast RE: Moncur. Looking forward to reading your convoluted critiques of every element of his performances for the remainder of the season similar to how we have had to endure with Clay and Ling jnr in the recent past.

Well done.

I like George a lot. He hasn’t delivered as much as I had expected but even when not performing at his best, he’s still a great L2 footballer. I am happy he is in our squad. Hope that clarifies.

My point is with spending £300k on a 30 year old with no resale value for a club of our size is f*cking insane.

I didn’t really rate Coleman from the little we saw of him but at least the concept of paying £80k for a young non-league prospect who can be developed and sold on makes sense.

If we’d waited until George was out of contract, no problem, sign him up. But we’ve just spent the equivalent of a really good new signings wages for 2 years for no reason.

Evidence he cost 300k please

[Max Fowler]

I have no evidence obviously. I'm just quoting what was generally accepted as being the transfer fee on here at the time he signed.

I really hope we didn't.

[tuffers#1]

I have no evidence obviously. I'm just quoting what was generally accepted as being the transfer fee on here at the time he signed.

I really hope we didn't.

" The money received for HK allowed us to bring in George Moncur ". At no point has there been mention of a transfer fee or wages. Just Half Wit fans making assumptions , as usual !

[Long slender neck]

I have no evidence obviously.

No further questions.

[Max Fowler]

I have no evidence obviously.

No further questions.

So you don’t think the Board have spent money?