Re: Versus Fev : Thu Jan 27, 2022 3:53 pm  

FSW wrote:

Do Featherstone have deep reserves of financial backing or are they applying the Bradford principle to their expenditure?

Makes you wonder, that's a heck of a wage list for a part-time club.

Re: Versus Fev : Thu Jan 27, 2022 3:55 pm  

FSW wrote:

Do Featherstone have deep reserves of financial backing or are they applying the Bradford principle to their expenditure?

It looks like they’re going all out and pushing their upper limits to finally get that SL place this year. If they don’t make it this season I fully expect they’ll scale back a little the following season. Speculate to accumulate. To be fair though I hope fev come up. More local derbies for trin the better.

Re: Versus Fev : Thu Jan 27, 2022 4:28 pm  

Trojan Horse wrote:

It looks like they’re going all out and pushing their upper limits to finally get that SL place this year. If they don’t make it this season I fully expect they’ll scale back a little the following season. Speculate to accumulate. To be fair though I hope fev come up. More local derbies for trin the better.

You mean to gamble and possibly break the rules and eventually bankrupt your club.

Re: Versus Fev : Thu Jan 27, 2022 4:44 pm  

The management at Featherstone have repeatedly talked about their massively-improved income streams over recent seasons, with sponsorship the leading factor (the press conference yesterday was told of £250k in new sponsorship since the reduced funding was announced last year).

Add to that 1,500 season tickets (and the price this year is far from cheap at £240, so there's probably upwards of £300k there), the income from allowing Wakefield AFC to use the ground, from staging BARLA finals days etc, a successful Squad Builder programme, and all the income from conferences, weddings, beer and food sales at the ground, sales from the on-site superstore...there are a lot of revenue streams at Fev these days.

Re: Versus Fev : Thu Jan 27, 2022 4:48 pm  

Don't thing anybody denies how rich the club may be, but are wondering if your club operates under the salary cap.

Re: Versus Fev : Thu Jan 27, 2022 4:51 pm  

The Phantom Horseman wrote:

The management at Featherstone have repeatedly talked about their massively-improved income streams over recent seasons, with sponsorship the leading factor (the press conference yesterday was told of £250k in new sponsorship since the reduced funding was announced last year).

Add to that 1,500 season tickets (and the price this year is far from cheap at £240, so there's probably upwards of £300k there), the income from allowing Wakefield AFC to use the ground, from staging BARLA finals days etc, a successful Squad Builder programme, and all the income from conferences, weddings, beer and food sales at the ground, sales from the on-site superstore...there are a lot of revenue streams at Fev these days.

Is there an income from selling the surrounding land around PO Road a factor by selling to housing developer?

[PopTart]

Re: Versus Fev : Thu Jan 27, 2022 5:07 pm  

Maybe Fev are just managing their finances well.
I don't think it's fair just call them cheats because they have a good squad.
There are a wide range of players in their squad. Not all are on big wages.

Re: Versus Fev : Thu Jan 27, 2022 5:41 pm  

chissitt wrote:

Don't thing anybody denies how rich the club may be, but are wondering if your club operates under the salary cap.

The salary cap for Championship is exactly the same as for SL. Derek Beaumont stated Leigh have spent £1.2m this year btw.

Re: Versus Fev : Thu Jan 27, 2022 5:42 pm  

REDWHITEANDBLUE wrote:

Is there an income from selling the surrounding land around PO Road a factor by selling to housing developer?

I honestly can't remember what the latest info is on that.

Re: Versus Fev : Fri Jan 28, 2022 8:07 am  

PopTart wrote:

Maybe Fev are just managing their finances well.
I don't think it's fair just call them cheats because they have a good squad.
There are a wide range of players in their squad. Not all are on big wages.

Your being slightly overly literal. It is possible to unintentionally cheat yourself into believing that what you are doing is right when it isn’t. This is especially the case when running a sports club, it’s made even the most savvy of businessmen.

I’m not saying Fev are there yet but they must sailing pretty close to the wind.

Two points. The cap may well be the same but the income stream is not. No amount of sponsorship or the reasonably good ST sales can make up for the SKY money.

Secondly, I would say a good number of our players are on money similar to most Fev players and some of those will be playing this season. At the top end we will be paying more but it will even out a little as you go down the list. I suspect that minus the SKY cash Trinity are probably spending less on wages than Fev, can’t prove it but it wouldn’t shock me.