Marshall Taylor podcast

[PKM]

Absolute required listening by all O’s fan
Marshall Taylor talks so much sense, from a position of deep knowledge
It’s Orient Outlook podcast, episode 366 I think

Many of the topics of concern are listed here, like transfer policy, loans policy, budget, new ground etc.

Points I noted include

Our budget is 12-14th in L1, we are going to lose around £4m this year
If we went up to the Championship, we would come straight back down as our budget would be 6 times smaller than current lowest.
With the plans of ground expansion at numerous L1 clubs, we will fall further down pecking order in L1
New investors are being sought not for the current playing budget but to finance a new ground
Championship clubs lose, on average, £500k a week( it was something like that, can’t remember exactly)
There are three possible sites for a new ground in Waltham Forest, 5-10 year project
The directors take nothing out the club, everything is with the aim of providing RW with the best playing budget they can manage.

[essexfootball]

The directors take nothing out the club, everything is with the aim of providing RW with the best playing budget they can manage.

Good summary but if you believe this you'll believe anything, they will 100% be benefits somewhere, even if that means employs x company for security, catering, events and so forth

[PKM]

The directors take nothing out the club, everything is with the aim of providing RW with the best playing budget they can manage.

Good summary but if you believe this you'll believe anything, they will 100% be benefits somewhere, even if that means employs x company for security, catering, events and so forth

Would need to be a lot of ‘benefits’ to cover this seasons £4m loss, that’s £80k a week, over £10k a day.
Can’t think the hot dog contract is that valuable, but there is zero evidence that orients contracts are carried out by a related party. Not that I would blame them, if it was, provided it was all done in the right way, competitive etc.

[Lifelongfan]

The directors take nothing out the club, everything is with the aim of providing RW with the best playing budget they can manage.

Good summary but if you believe this you'll believe anything, they will 100% be benefits somewhere, even if that means employs x company for security, catering, events and so forth

Nonsence

[OyinbO]

Marshall Taylor talks so much sense, from a position of deep knowledge

Hi Marshall!

[Sid Bishop]

You can listen to this on YouTube.

''In this huge show, we had a big chat with club Director Marshall Taylor about the economics around running Orient. He went into great detail and answered many questions from fans. If you want to have a better understanding about why things cost more at the club, why the club made the changes around the stadium and more about playing budget then you need to listen to this.
Plus we rounded up all the news from around the club in the last 7 days including:
Exeter and Lincoln match reviews''

The Orient Outlook Podcast - Orient Outlook Podcast - Episode 366

[CEB2ElectricBoogaloo]

Would I be right in thinking that this is another example of where the closer the access to a high profile person, the less likely a podcast is to challenge what they say?

[PKM]

Would I be right in thinking that this is another example of where the closer the access to a high profile person, the less likely a podcast is to challenge what they say?

What would you like to challenge?

[Rich Tea Wellin]

The directors take nothing out the club, everything is with the aim of providing RW with the best playing budget they can manage.

Good summary but if you believe this you'll believe anything, they will 100% be benefits somewhere, even if that means employs x company for security, catering, events and so forth

Nonsence

Out of interest, why do you think these rich people are putting in millions of quid out of a club they have no association with prior to investing, if they aren't benefitting in some way?

It's probably to offset tax somewhere as the losses and/or debt exclude them from paying it in some way.

[OyinbO]

Good summary but if you believe this you'll believe anything, they will 100% be benefits somewhere, even if that means employs x company for security, catering, events and so forth

Nonsence

Out of interest, why do you think these rich people are putting in millions of quid out of a club they have no association with prior to investing, if they aren't benefitting in some way?

It's probably to offset tax somewhere as the losses and/or debt exclude them from paying it in some way.

Shits, giggles, and the prospect of a big payday when they sell it on

[Mistadobalina]

Nonsence

Out of interest, why do you think these rich people are putting in millions of quid out of a club they have no association with prior to investing, if they aren't benefitting in some way?

It's probably to offset tax somewhere as the losses and/or debt exclude them from paying it in some way.

Shits, giggles, and the prospect of a big payday when they sell it on

Honestly it is this. Quite a fun thing to do when it's going well, some seem to genuinely care about the club, and should they bag the new ground site, we could be worth many times more than what they paid for the freehold-less basket case we were post Bechetti.

Think I've said it before but League 1 is becoming the new championship. Loads of money flowing in to buy up clubs who are in theory a couple of promotions away from hitting the jackpot. The spending this season in league 1 is crackers, which Marshall talks about in the interview. rules will tighten soon so now is the time that many of these owners are able to gamble.

[PKM]

Good summary but if you believe this you'll believe anything, they will 100% be benefits somewhere, even if that means employs x company for security, catering, events and so forth

Nonsence

Out of interest, why do you think these rich people are putting in millions of quid out of a club they have no association with prior to investing, if they aren't benefitting in some way?

It's probably to offset tax somewhere as the losses and/or debt exclude them from paying it in some way.

This is a typical lazy statement. If , for example, you have a bunch of companies in a group, then you can offset losses in one company in the group against another that makes profits.
So, in the UK, if you lost £1m, you could offset that loss against a company that made £1m profit. You would save £250k in tax.
That turns your £1m loss into £750k loss. Hardly a money earner.
Now I don’t know if Nigel is able to offset the £4m loss likely at Orient this year against any other companies he may have. Even if he can, it’s still a thumping loss and no one but no one is going to invest in Orient for the benefit of a reduced loss.

[Orient Punxx]

Someone wishes to invest in Orient with the prospects of making a profit. Great please come on board. At our current level, it can only be for the benefit of the fans. With no current tangible assets, it’s hardly going to be an asset stripping exercise. The only way anyone can possibly make money out of Orient is by getting us to the Premiership eg Brighton/Brentford.

[Mistadobalina]

Think you have a lot of rich people who think they are smarter than the other richer people who are gambling on exactly that outcome.

[Long slender neck]

Would I be right in thinking that this is another example of where the closer the access to a high profile person, the less likely a podcast is to challenge what they say?

This podcast doesnt have a history of challenging questions. They've always come across as very nice, perhaps too nice. They dont post here anymore due to thin skin.

[Pagan Orient]

The podcasts are way too long. There's no point in 'replaying' the previous matches at all, as we've all seen them or at least the highlights. It'll free up more time for fans' comments/opinions.

[Rich Tea Wellin]

Nonsence

Out of interest, why do you think these rich people are putting in millions of quid out of a club they have no association with prior to investing, if they aren't benefitting in some way?

It's probably to offset tax somewhere as the losses and/or debt exclude them from paying it in some way.

This is a typical lazy statement. If , for example, you have a bunch of companies in a group, then you can offset losses in one company in the group against another that makes profits.
So, in the UK, if you lost £1m, you could offset that loss against a company that made £1m profit. You would save £250k in tax.
That turns your £1m loss into £750k loss. Hardly a money earner.
Now I don’t know if Nigel is able to offset the £4m loss likely at Orient this year against any other companies he may have. Even if he can, it’s still a thumping loss and no one but no one is going to invest in Orient for the benefit of a reduced loss.

Thanks for confirming that this is what rich people do to avoid paying tax, I wasn't sure of the details.

[PKM]

Out of interest, why do you think these rich people are putting in millions of quid out of a club they have no association with prior to investing, if they aren't benefitting in some way?

It's probably to offset tax somewhere as the losses and/or debt exclude them from paying it in some way.

This is a typical lazy statement. If , for example, you have a bunch of companies in a group, then you can offset losses in one company in the group against another that makes profits.
So, in the UK, if you lost £1m, you could offset that loss against a company that made £1m profit. You would save £250k in tax.
That turns your £1m loss into £750k loss. Hardly a money earner.
Now I don’t know if Nigel is able to offset the £4m loss likely at Orient this year against any other companies he may have. Even if he can, it’s still a thumping loss and no one but no one is going to invest in Orient for the benefit of a reduced loss.

Thanks for confirming that this is what rich people do to avoid paying tax, I wasn't sure of the details.

You’re welcome.
You have to be rich to afford to run Leyton Orient

[gshaw]

Our budget is 12-14th in L1, we are going to lose around £4m this year

I think the question many have is not only where the budget sits within the league but also whether it's being used effectively by the recruitment.

[Sid Bishop]

The podcasts are way too long. There's no point in 'replaying' the previous matches at all, as we've all seen them or at least the highlights. It'll free up more time for fans' comments/opinions.

Agree they are way too long.
On YouTube this latest podcast lasts for 2 hours and 13 minutes, for myself, something around 30 to 45 minutes would be quite long enough !

[Long slender neck]

You cant say that Sid, they get very upset.

[LittleMate]

Nonsence

Out of interest, why do you think these rich people are putting in millions of quid out of a club they have no association with prior to investing, if they aren't benefitting in some way?

It's probably to offset tax somewhere as the losses and/or debt exclude them from paying it in some way.

This is a typical lazy statement. If , for example, you have a bunch of companies in a group, then you can offset losses in one company in the group against another that makes profits.
So, in the UK, if you lost £1m, you could offset that loss against a company that made £1m profit. You would save £250k in tax.
That turns your £1m loss into £750k loss. Hardly a money earner.
Now I don’t know if Nigel is able to offset the £4m loss likely at Orient this year against any other companies he may have. Even if he can, it’s still a thumping loss and no one but no one is going to invest in Orient for the benefit of a reduced loss.

You are 100% right. A loss is a loss.

[Mylo Xyloto]

Would I be right in thinking that this is another example of where the closer the access to a high profile person, the less likely a podcast is to challenge what they say?

Personally I thought the question asked were fair and sometimes probing and Marshall went above and beyond to give detailed answers.

[OrientSeb]

I personally thought the questions in this interview were more challenging than I have previously heard from the Outlook boys, especially regarding transfer policy. Agree what people say about them being too long, I tend to listen as I’m working (in and out of a van all day), however for this one turned off after the Marshall interview. Interviews are by far the best episodes.

[Monkey Boy]

Would I be right in thinking that this is another example of where the closer the access to a high profile person, the less likely a podcast is to challenge what they say?

This podcast doesnt have a history of challenging questions. They've always come across as very nice, perhaps too nice. They dont post here anymore due to thin skin.

Come on LSN you know some of the people on here are just out for a slanging match and are rude and ignorant. There not interested in football matters however I do agree with you that they (podcasts) are influenced by the club and I know for a fact the other board is in someway.