Meet the Chairman

Chat about Leyton Orient (or anything else)

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RedDwarf 1881
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Re: Meet the Chairman

Post by RedDwarf 1881 »

gshaw wrote: Wed Feb 01, 2023 8:52 pm If we do manage to get promotion over the line how can the club be competitive in L1 if "FFP" is the reason we can't bring in a striker during the window when clubs like Stevenage don't seem to have such concerns?

The ground is a sellout most weeks so there's no room for income expansion there. What's the plan to not come straight back down again?
👏 Good question
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Re: Meet the Chairman

Post by Mistadobalina »

Have they said it's to do with ffp? I imagine it's more a question of there only being so much money they are willing to collectively invest, which is fair enough. They have put a huge amount of cash in already and our transfer business this season hasn't been cheap.

I'm pretty sure one of the board members said in the Orienteer that you get an immediate chunky uplift in income from being in league 1 through increased TV revenue share. Our attendances right now would put us firmly mid table, even with a reversion to more around the 5-6k mark once you lose the draw of a promotion push. The plan will obviously be to recruit smart, back the manager who has been fantastic for us so far and overachieve, the same objective we had the entire time we were in league 1 last time around.
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Re: Meet the Chairman

Post by tuffers#1 »

The Reverend wrote: Wed Feb 01, 2023 2:22 pm How are clubs like Stevenage, Gillingham and Col U able to have an active January transfer window whilst we have to rely on loans of kids and freebies who haven’t played for a year?
Gillingham bought ETHAN COLEMAN :lol: :lol: :lol: , Did you enjoy that one Nigel ?
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Re: Meet the Chairman

Post by PoundhillO »

If it isn’t FFP and if we don’t get promoted it’s a gamble to really lose the good faith with a lot of the fan base.
Not surprisingly I will not be renewing my season ticket if we fail to get promoted due to the unrealistic stinginess of those with the money.
I won’t see Tuffers reply as he was foed ages ago.
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Re: Meet the Chairman

Post by Max Fowler »

PoundhillO wrote: Wed Feb 01, 2023 10:07 pm Not surprisingly I will not be renewing my season ticket
:lol:
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Re: Meet the Chairman

Post by gshaw »

Mistadobalina wrote: Wed Feb 01, 2023 9:27 pm Have they said it's to do with ffp?
Yup, Devlin on the podcast the other day

Another one on that front... was Ethan Light signed on a pro contract and thus part of our FFP liabilities? If so was another academy level player really necessary in this window when the first team needs the backing right now?
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Re: Meet the Chairman

Post by tuffers#1 »

RedDwarf 1881 wrote: Wed Feb 01, 2023 9:06 pm
gshaw wrote: Wed Feb 01, 2023 8:52 pm If we do manage to get promotion over the line how can the club be competitive in L1 if "FFP" is the reason we can't bring in a striker during the window when clubs like Stevenage don't seem to have such concerns?

The ground is a sellout most weeks so there's no room for income expansion there. What's the plan to not come straight back down again?
👏 Good question
25 % automatic increase from Tv deal , ergo more money from advertising a superior product , its not Rocket Science !
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Re: Meet the Chairman

Post by gshaw »

tuffers#1 wrote: Wed Feb 01, 2023 10:39 pm
RedDwarf 1881 wrote: Wed Feb 01, 2023 9:06 pm
gshaw wrote: Wed Feb 01, 2023 8:52 pm If we do manage to get promotion over the line how can the club be competitive in L1 if "FFP" is the reason we can't bring in a striker during the window when clubs like Stevenage don't seem to have such concerns?

The ground is a sellout most weeks so there's no room for income expansion there. What's the plan to not come straight back down again?
👏 Good question
25 % automatic increase from Tv deal , ergo more money from advertising a superior product , its not Rocket Science !
And how much do you think existing player wages would need to increase by to be competitive? Never mind the additions and replacements within the current squad
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Re: Meet the Chairman

Post by PoundhillO »

TRUMP Plumbing wrote: Wed Feb 01, 2023 10:19 pm
PoundhillO wrote: Wed Feb 01, 2023 10:07 pm Not surprisingly I will not be renewing my season ticket
:lol:
If we don’t get promoted, nobody will be laughing then.
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Re: Meet the Chairman

Post by tuffers#1 »

gshaw wrote: Wed Feb 01, 2023 10:41 pm
tuffers#1 wrote: Wed Feb 01, 2023 10:39 pm
RedDwarf 1881 wrote: Wed Feb 01, 2023 9:06 pm

👏 Good question
25 % automatic increase from Tv deal , ergo more money from advertising a superior product , its not Rocket Science !
And how much do you think existing player wages would need to increase by to be competitive? Never mind the additions and replacements within the current squad
More investment opportunities for buisness to grow as we are 1 step away from the championship , cheers harry , Welcome back Samsung etc. A League 1 Paul Smyth goes for a million not £ 300 k etc
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Re: Meet the Chairman

Post by gshaw »

tuffers#1 wrote: Wed Feb 01, 2023 10:47 pm
gshaw wrote: Wed Feb 01, 2023 10:41 pm
tuffers#1 wrote: Wed Feb 01, 2023 10:39 pm

25 % automatic increase from Tv deal , ergo more money from advertising a superior product , its not Rocket Science !
And how much do you think existing player wages would need to increase by to be competitive? Never mind the additions and replacements within the current squad
More investment opportunities for buisness to grow as we are 1 step away from the championship , cheers harry , Welcome back Samsung etc. A League 1 Paul Smyth goes for a million not £ 300 k etc
Investment from the other ginger Prince? It's a left field idea but if Wrexham can get Ryan Reynolds...
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Re: Meet the Chairman

Post by tuffers#1 »

gshaw wrote: Wed Feb 01, 2023 10:49 pm
tuffers#1 wrote: Wed Feb 01, 2023 10:47 pm
gshaw wrote: Wed Feb 01, 2023 10:41 pm

And how much do you think existing player wages would need to increase by to be competitive? Never mind the additions and replacements within the current squad
More investment opportunities for buisness to grow as we are 1 step away from the championship , cheers harry , Welcome back Samsung etc. A League 1 Paul Smyth goes for a million not £ 300 k etc
Investment from the other ginger Prince? It's a left field idea but if Wrexham can get Ryan Reynolds...
When did ginger sponsor our Shirts Terry ?
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Re: Meet the Chairman

Post by gshaw »

tuffers#1 wrote: Wed Feb 01, 2023 10:52 pm
gshaw wrote: Wed Feb 01, 2023 10:49 pm
tuffers#1 wrote: Wed Feb 01, 2023 10:47 pm

More investment opportunities for buisness to grow as we are 1 step away from the championship , cheers harry , Welcome back Samsung etc. A League 1 Paul Smyth goes for a million not £ 300 k etc
Investment from the other ginger Prince? It's a left field idea but if Wrexham can get Ryan Reynolds...
When did ginger sponsor our Shirts Terry ?
23/24 season, the royal formerly known as Prince signs up for the new season. Cue photo op with Harrold, the social media team will love it
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Re: Meet the Chairman

Post by tuffers#1 »

gshaw wrote: Wed Feb 01, 2023 10:57 pm
tuffers#1 wrote: Wed Feb 01, 2023 10:52 pm
gshaw wrote: Wed Feb 01, 2023 10:49 pm

Investment from the other ginger Prince? It's a left field idea but if Wrexham can get Ryan Reynolds...
When did ginger sponsor our Shirts Terry ?
23/24 season, the royal formerly known as Prince signs up for the new season. Cue photo op with Harrold, the social media team will love it
Righto Terry !
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Re: Meet the Chairman

Post by tuffers#1 »

PoundhillO wrote: Wed Feb 01, 2023 10:07 pm If it isn’t FFP and if we don’t get promoted it’s a gamble to really lose the good faith with a lot of the fan base.
Not surprisingly I will not be renewing my season ticket if we fail to get promoted due to the unrealistic stinginess of those with the money.
I won’t see Tuffers reply as he was foed ages ago.
But is FFP ,
Foe'd because your posts get destroyed euroslope ?
You still get the little red notifications &
you can still open & read the post to !
:lol:
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Re: Meet the Chairman

Post by BiggsyMalone »

RedDwarf 1881 wrote: Wed Feb 01, 2023 7:43 pm
BiggsyMalone wrote: Wed Feb 01, 2023 7:38 pm What is your 5 year plan with Orient?
Championship. Next question.
That’s the club’s plan. I want to know when all the investors will be selling up for a tidy profit
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Re: Meet the Chairman

Post by RedDwarf 1881 »

PoundhillO wrote: Wed Feb 01, 2023 10:07 pm If it isn’t FFP and if we don’t get promoted it’s a gamble to really lose the good faith with a lot of the fan base.
Not surprisingly I will not be renewing my season ticket if we fail to get promoted due to the unrealistic stinginess of those with the money.
I won’t see Tuffers reply as he was foed ages ago.
Poundy , with the greatest of respect you always say that . If we fail to win promotion we’ll all be gutted but we’ll all be back again because we love the club . After supporting this club for God knows how long, you must also love the club and that’s why you’ll be back to suffer along with the rest of us. Anyway, let’s try and be positive and get behind Richie and the team. Everything is still in our own hands.
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Re: Meet the Chairman

Post by Max B Gold »

RedDwarf 1881 wrote: Thu Feb 02, 2023 3:41 pm
PoundhillO wrote: Wed Feb 01, 2023 10:07 pm If it isn’t FFP and if we don’t get promoted it’s a gamble to really lose the good faith with a lot of the fan base.
Not surprisingly I will not be renewing my season ticket if we fail to get promoted due to the unrealistic stinginess of those with the money.
I won’t see Tuffers reply as he was foed ages ago.
Poundy , with the greatest of respect you always say that . If we fail to win promotion we’ll all be gutted but we’ll all be back again because we love the club . After supporting this club for God knows how long, you must also love the club and that’s why you’ll be back to suffer along with the rest of us. Anyway, let’s try and be positive and get behind Richie and the team. Everything is still in our own hands.
He's got a point though the time comes when you have to draw a line under failure and move on. If only for the good of your own soul.
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Re: Meet the Chairman

Post by Mistadobalina »

BiggsyMalone wrote: Thu Feb 02, 2023 2:25 pm
RedDwarf 1881 wrote: Wed Feb 01, 2023 7:43 pm
BiggsyMalone wrote: Wed Feb 01, 2023 7:38 pm What is your 5 year plan with Orient?
Championship. Next question.
That’s the club’s plan. I want to know when all the investors will be selling up for a tidy profit
How much would we need to be sold for for the investors to make a profit?

We've lost over 2m for the last two seasons, it was over 1m the season before. I'm pretty sure they paid a decent wedge to Bechetti at the beginning, and the first few years under them we were posting big losses.

They would need to sell up for what, 15-20m, to make a decent return on us, assuming we suddenly stop bleeding money in the near future. Really struggle to imagine anyone is paying that for a club that doesn't even own its stadium.
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Re: Meet the Chairman

Post by RedDwarf 1881 »

Owning a lower league football club is more like a loss making hobby
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Re: Meet the Chairman

Post by Lifelongfan »

gshaw wrote: Wed Feb 01, 2023 10:28 pm
Mistadobalina wrote: Wed Feb 01, 2023 9:27 pm Have they said it's to do with ffp?
Yup, Devlin on the podcast the other day

Another one on that front... was Ethan Light signed on a pro contract and thus part of our FFP liabilities? If so was another academy level player really necessary in this window when the first team needs the backing right now?
I doubt if he is on much more than £15,000 pa now so it will be peanuts until the end of June. He was a student before so will be a tiny cost
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Re: Meet the Chairman

Post by RedDwarf 1881 »

PoundhillO wrote: Wed Feb 01, 2023 6:02 pm
RedDwarf 1881 wrote: Wed Feb 01, 2023 4:06 pm
The Reverend wrote: Wed Feb 01, 2023 2:22 pm How are clubs like Stevenage, Gillingham and Col U able to have an active January transfer window whilst we have to rely on loans of kids and freebies who haven’t played for a year?
Good question. Plus why didn’t we bring in another striker when quite a few of our rivals did .
Maybe they get around the FairPlay rules by their owners personally paying for the players.
I think Lingy said owners can inject money into a club for transfers provided that money wasn’t a loan . Maybe it’s as simple as Gillingham and Stevenage having more wealthy owners than us . That’s fair enough. Previously we had ( allegedly) a billionaire owner yet look what happened. Money doesn’t always guarantee success on the pitch.
Last edited by RedDwarf 1881 on Thu Feb 02, 2023 9:58 pm, edited 1 time in total.
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Re: Meet the Chairman

Post by soloman »

PoundhillO wrote: Wed Feb 01, 2023 10:07 pm If it isn’t FFP and if we don’t get promoted it’s a gamble to really lose the good faith with a lot of the fan base.
Not surprisingly I will not be renewing my season ticket if we fail to get promoted due to the unrealistic stinginess of those with the money.
I won’t see Tuffers reply as he was foed ages ago.
Yippee !
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Re: Meet the Chairman

Post by RedDwarf 1881 »

RedDwarf 1881 wrote: Thu Feb 02, 2023 8:25 pm
PoundhillO wrote: Wed Feb 01, 2023 6:02 pm
RedDwarf 1881 wrote: Wed Feb 01, 2023 4:06 pm

Good question. Plus why didn’t we bring in another striker when quite a few of our rivals did .
Maybe they get around the FairPlay rules by their owners personally paying for the players.
I think Lingy said owners can inject money into a club for transfers provided that money wasn’t a loan . Maybe it’s as simple as Gillingham and Stevenage having more wealthy owners than us . That’s fair enough. Previously we had ( allegedly) a billionaire owner yet look what happened. Money doesn’t always guarantee success on the pitch.
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Re: Meet the Chairman

Post by PoundhillO »

Why can't the owners bite the bullet and inject enough money in that gets in the players needed to get us promoted ?
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