Why is only Nigel funding the club?

[Max B Gold]

Just wondering...
We are told that we can't compete financially with clubs of similar size and similar support. Looking at our current squad, this appears to be true even though Ritchie can sometimes get them to play a bit.
I am wondering if this is the long term situation or just our immediate circumstance. 'Could be the latter because so much money has been committed recently to the new pitch and East Stand upgrades. Also, this Vitesse Arnem stuff might be taking its toll. Dare I hope that next year some of our 'Angels' may feel more inclined to cough up?
Should that not be the case, all this talk of "exciting" signings and new grounds is just pie in the sky.
Isn't it?

Yes.

It's hard to see a level of "investment" coming in to even cover the annual loss. Nigels pockets aren't that deep, Kent has decided not to haemorrhage his capital and there's a big question mark over the Arnhem geezer.

On and off the pitch I'm not getting a good feeling.

[PoundhillO]

Just wondering...
We are told that we can't compete financially with clubs of similar size and similar support. Looking at our current squad, this appears to be true even though Ritchie can sometimes get them to play a bit.
I am wondering if this is the long term situation or just our immediate circumstance. 'Could be the latter because so much money has been committed recently to the new pitch and East Stand upgrades. Also, this Vitesse Arnem stuff might be taking its toll. Dare I hope that next year some of our 'Angels' may feel more inclined to cough up?
Should that not be the case, all this talk of "exciting" signings and new grounds is just pie in the sky.
Isn't it?

Yes.

It's hard to see a level of "investment" coming in to even cover the annual loss. Nigels pockets aren't that deep, Kent has decided not to haemorrhage his capital and there's a big question mark over the Arnhem geezer.

On and off the pitch I'm not getting a good feeling.

Without substantial new investment it looks like this will continue forever, having to put up with ludicrous game prices, loans and free transfers.
In my opinion this will result in falling gates and loss of match day income , stagnating in this league or at worse relegation .
I would assume RW was not aware of this when he signed a new contract and will be off as soon as a decent offer from a club that can afford the investment needed to progress .

[Yanzi Gravy]

I was talking with somebody at our last home game and was discussing a potential move to a new ground . I suggested any new stadium should be a "Meccano stadium ". What I mean't by that was to build a stadium for our current needs but with the potential to add parts on to increase our capacity should we get to play at a higher level . I was told the two end stands behind each goal were built like that but thanks to Hearn selling off the land behind the stands we now can't add anything. extra on to those stands . The more I think about it , the more I think we have to move to a new ground but obviously that's easier said than done .

Moving to another ground won’t make us play better. A bad tradesman will always blame his tools.

True but it would give us a better chance to compete with our rivals. In the long term I don't think we can stay where we are

Financially doubt if we are in Frame at moment , bad start, no spare, need players. We have half decent backers but not ones who have given a blank cheque. They were purely hoping for miracles by spending hot air. We actually could have been a contender last season but for a few glaring bad games and bad luck. Things could have been different . That was then. Now is now and we must focus on the now.

[Dunners]

Just wondering...
We are told that we can't compete financially with clubs of similar size and similar support. Looking at our current squad, this appears to be true even though Ritchie can sometimes get them to play a bit.
I am wondering if this is the long term situation or just our immediate circumstance. 'Could be the latter because so much money has been committed recently to the new pitch and East Stand upgrades. Also, this Vitesse Arnem stuff might be taking its toll. Dare I hope that next year some of our 'Angels' may feel more inclined to cough up?
Should that not be the case, all this talk of "exciting" signings and new grounds is just pie in the sky.
Isn't it?

Yes.

It's hard to see a level of "investment" coming in to even cover the annual loss. Nigels pockets aren't that deep, Kent has decided not to haemorrhage his capital and there's a big question mark over the Arnhem geezer.

On and off the pitch I'm not getting a good feeling.

We're doomed.

[Max B Gold]

Just wondering...
We are told that we can't compete financially with clubs of similar size and similar support. Looking at our current squad, this appears to be true even though Ritchie can sometimes get them to play a bit.
I am wondering if this is the long term situation or just our immediate circumstance. 'Could be the latter because so much money has been committed recently to the new pitch and East Stand upgrades. Also, this Vitesse Arnem stuff might be taking its toll. Dare I hope that next year some of our 'Angels' may feel more inclined to cough up?
Should that not be the case, all this talk of "exciting" signings and new grounds is just pie in the sky.
Isn't it?

Yes.

It's hard to see a level of "investment" coming in to even cover the annual loss. Nigels pockets aren't that deep, Kent has decided not to haemorrhage his capital and there's a big question mark over the Arnhem geezer.

On and off the pitch I'm not getting a good feeling.

Without substantial new investment it looks like this will continue forever, having to put up with ludicrous game prices, loans and free transfers.
In my opinion this will result in falling gates and loss of match day income , stagnating in this league or at worse relegation .
I would assume RW was not aware of this when he signed a new contract and will be off as soon as a decent offer from a club that can afford the investment needed to progress .

It almost makes you feel like surrendering your season ticket.

[RedDwarf 1881]

We know Nigel sometimes reads this board . I wonder if we’ll get any clarity about this.

[Omygawd]

Goodness the soothsayers of doom are out in force again now we’ve had a bad start. Never around when we are doing OK I do wish they would bugg@r off and support someone else. Life as an Orient fan has always been full of PANIC and gloom with the odd lessening when we’ve hit a spot of form. Does anyone seriously think that the owners want to be in this position? Of course they don’t but the parasites who revel in negativity take every opportunity to claim their allegience whilst dissing everything and everyone in sight. Life ain’t perfect, get over it. Nigel has the Club’s best interests at heart.

[PoundhillO]

Yes.

It's hard to see a level of "investment" coming in to even cover the annual loss. Nigels pockets aren't that deep, Kent has decided not to haemorrhage his capital and there's a big question mark over the Arnhem geezer.

On and off the pitch I'm not getting a good feeling.

Without substantial new investment it looks like this will continue forever, having to put up with ludicrous game prices, loans and free transfers.
In my opinion this will result in falling gates and loss of match day income , stagnating in this league or at worse relegation .
I would assume RW was not aware of this when he signed a new contract and will be off as soon as a decent offer from a club that can afford the investment needed to progress .

It almost makes you feel like surrendering your season ticket.

If you had one with the hike in prices.

[Loyal_Supporter]

Re H£earn, you can forget any chance he will do the decent thing.

Remember when Matchroom Stadium 'bought' Brisbane Road from Leyton Orient for £6m and Hearn promised that if they ever sold the ground, 50% of the profit on sale would be handed back to the club. Then he 'sold' Brisbane Road to Matchroom Pension Fund several years later for the price of £6m, generating no profit, meaning nothing had to be paid to the club?

Of course he won't do the decent thing.

I remember that. What was the market value of Brisbane Road at the time it was sold to the pension fund?

Did the club do anything good with the £6m?

We didn't have any debts....that's the reason the ground was sold for.

[Yanzi Gravy]

Without substantial new investment it looks like this will continue forever, having to put up with ludicrous game prices, loans and free transfers.
In my opinion this will result in falling gates and loss of match day income , stagnating in this league or at worse relegation .
I would assume RW was not aware of this when he signed a new contract and will be off as soon as a decent offer from a club that can afford the investment needed to progress .

It almost makes you feel like surrendering your season ticket.

If you had one with the hike in prices.

They cannot need money that bad as I am still waiting for replies to two emails I sent in May and June about my season tickets in West Stand being moved. I was not able to attend until the next home game anyway due to work commitments but I have had no response or acknowledgment. This has been a feature at the club for years , treating fans with contempt seemingly. With the rubbish start I am seriously thinking of just keeping my hard earned money and see how things progress or get worse.

[Long slender neck]

STs are off sale, probably why they're ignoring you.

[Scuba Diver]

Just wondering...
We are told that we can't compete financially with clubs of similar size and similar support. Looking at our current squad, this appears to be true even though Ritchie can sometimes get them to play a bit.
I am wondering if this is the long term situation or just our immediate circumstance. 'Could be the latter because so much money has been committed recently to the new pitch and East Stand upgrades. Also, this Vitesse Arnem stuff might be taking its toll. Dare I hope that next year some of our 'Angels' may feel more inclined to cough up?
Should that not be the case, all this talk of "exciting" signings and new grounds is just pie in the sky.
Isn't it?

Yes.

It's hard to see a level of "investment" coming in to even cover the annual loss. Nigels pockets aren't that deep, Kent has decided not to haemorrhage his capital and there's a big question mark over the Arnhem geezer.

On and off the pitch I'm not getting a good feeling.

Without substantial new investment it looks like this will continue forever, having to put up with ludicrous game prices, loans and free transfers.
In my opinion this will result in falling gates and loss of match day income , stagnating in this league or at worse relegation .
I would assume RW was not aware of this when he signed a new contract and will be off as soon as a decent offer from a club that can afford the investment needed to progress .

If it carries on like this, will you burn/send back your season ticket?

Or just continue in the usual fashion on here?

[Yanzi Gravy]

STs are off sale, probably why they're ignoring you.

Yes, but I had these for many years. Even so, it is normal decency to acknowledge an email.

[Hoover Attack]

Remember when Matchroom Stadium 'bought' Brisbane Road from Leyton Orient for £6m and Hearn promised that if they ever sold the ground, 50% of the profit on sale would be handed back to the club. Then he 'sold' Brisbane Road to Matchroom Pension Fund several years later for the price of £6m, generating no profit, meaning nothing had to be paid to the club?

Of course he won't do the decent thing.

I remember that. What was the market value of Brisbane Road at the time it was sold to the pension fund?

Did the club do anything good with the £6m?

We didn't have any debts....that's the reason the ground was sold for.

Are you calling Barry a liar? I’m sure he won’t have made up our £4m debt owed to him.

[Dunners]

I remember that. What was the market value of Brisbane Road at the time it was sold to the pension fund?

Did the club do anything good with the £6m?

We didn't have any debts....that's the reason the ground was sold for.

Are you calling Barry a liar? I’m sure he won’t have made up our £4m debt owed to him.

IIRC (which is always a dodgy start), I thought Barry had converted his debt into equity. If correct, then the £4m was not to pay back debt, but to buy him out of his equity. One of those dodgy accountants schemes.

I am happy to be put right on any points of which I am unsure.

[o-no]

Goodness the soothsayers of doom are out in force again now we’ve had a bad start. Never around when we are doing OK I do wish they would bugg@r off and support someone else. Life as an Orient fan has always been full of PANIC and gloom with the odd lessening when we’ve hit a spot of form. Does anyone seriously think that the owners want to be in this position? Of course they don’t but the parasites who revel in negativity take every opportunity to claim their allegience whilst dissing everything and everyone in sight. Life ain’t perfect, get over it. Nigel has the Club’s best interests at heart.

Pretty much everyone agrees that Nigel has the clubs best interests at heart.
Pretty much everyone agrees we've had a very poor start
Pretty much everyone agrees that right now the team looks toothless and over reliant on loanees
Pretty much everyone agrees that recruitment (of goalkeepers in particular) could be better
Pretty much everyone agrees that Championship football is a complete money-pit
Pretty much everyone agrees that our owners/investors are not so insanely rich that money is no object
and pretty much everyone agrees that there are a good number of teams in L1 with far more resources than us

So where does that leave us. Richie is going to have his work cut out to make this team competitive this season. I have hope he can do it, but I'm unconvinced the backroom setup that worked in the NL still works in L1. Richie can only do so much and he can't make a silk purse out of a sow's ear (whatever that means in 2024)

[Monkey Boy]

Goodness the soothsayers of doom are out in force again now we’ve had a bad start. Never around when we are doing OK I do wish they would bugg@r off and support someone else. Life as an Orient fan has always been full of PANIC and gloom with the odd lessening when we’ve hit a spot of form. Does anyone seriously think that the owners want to be in this position? Of course they don’t but the parasites who revel in negativity take every opportunity to claim their allegience whilst dissing everything and everyone in sight. Life ain’t perfect, get over it. Nigel has the Club’s best interests at heart.

Pretty much everyone agrees that Nigel has the clubs best interests at heart.
Pretty much everyone agrees we've had a very poor start
Pretty much everyone agrees that right now the team looks toothless and over reliant on loanees
Pretty much everyone agrees that recruitment (of goalkeepers in particular) could be better
Pretty much everyone agrees that Championship football is a complete money-pit
Pretty much everyone agrees that our owners/investors are not so insanely rich that money is no object
and pretty much everyone agrees that there are a good number of teams in L1 with far more resources than us

So where does that leave us. Richie is going to have his work cut out to make this team competitive this season. I have hope he can do it, but I'm unconvinced the backroom setup that worked in the NL still works in L1. Richie can only do so much and he can't make a silk purse out of a sow's ear (whatever that means in 2024)

Pretty much agree but as I’ve alluded to in another thread it’s just not this season that concerns me it’s the amount of players that we will loose come the end of the season what ever league we are in

[Long slender neck]

STs are off sale, probably why they're ignoring you.

Yes, but I had these for many years. Even so, it is normal decency to acknowledge an email.

I agree. You're not the only one to receive this treatment

[Monkey Boy]

STs are off sale, probably why they're ignoring you.

Yes, but I had these for many years. Even so, it is normal decency to acknowledge an email.

I agree. You're not the only one to receive this treatment

There does seem to have been a change of attitude this season and I don’t think it’s my imagination