Ball on Fire
Well-known member
BFC’s strategic planning assumptions in the latest BFC annual accounts (2021/22) assume some seasons in the Championship and some seasons in Div 1. Whilst these are realistic assumptions for a Club our size they do confirm that at best we will be a Championship club and at worst a Div 1 club and probably a yo yo Club between Div 1 and the Championship. It has already been previously acknowledged by the BFC board that Critch got us promotion to the Championship quicker than expected and Critch also delivered a mid table finish in the Championship, 60 points achieved in total and 23 points above the final relegation place.
Simon Sadler confirmed the following at the recent Structured Dialogue meeting which underpins these strategic planning assumptions:-
The wage budget in the Championship will be in the bottom 4 of all Championship clubs. The planning assumption is to avoid relegation from the Championship by 1 place.
The wage budget in Div 1 will be in the Top 8 of all Div 1 clubs. The planning assumption is to challenge for the Div 1 play offs.
When we are in the Championship the annual turnover is much higher than when we are in Div 1 mainly due to the TV money paid to Championship clubs, The amount Simon Sadier is forecasting to put into our Club each year, just to cover annual operating losses, is £2.5M for every season we are in the Championship and £5M for every season we are in Div 1. Sadler’s investment regarding the new East Stand, the new and existing Training Ground any Capital expenditure is all additional to these amounts,
N.B. All of the information above is already in the public domain and completely accessible to everybody.
We currently have almost 100 people employed at the Club as Players, Managers, coaches and support staff, the wage budget for 2022/23 is at least £12M. There seems little doubt based on what Simon Sadler said at the recent Structured Dialogue meeting that the wage budget in Div 1 next season, if we were to be relegated, we will have to be cut from what it is this season. A relegation to Div 1 will therefore impact on the number of people the Club can employ and the players out of contract in June 2023 that we want to retain and the quality of the new players we can sign. We will also be appointing a new Manager and support staff and our divisional status should be a key factor in that decision making process.
It is therefore in everybody’s interests that we retain our Championship status this season and continue to grow and improve the squad as a Championship club, we can never do this as Yo Yo club due to the fluctuations in the wage budgets As we move between the Championship and Div 1.
After last night’s excellent performance and result can we fill the Stadium for all future home games starting with Coventry on Saturday and make Bloomfield Road a fortress and become the 12th man with our best in class support which I heard very loudly from the stands last night?
Lets have no regrets, we need to leave everything out there, after last night I think we can do this.
Simon Sadler confirmed the following at the recent Structured Dialogue meeting which underpins these strategic planning assumptions:-
The wage budget in the Championship will be in the bottom 4 of all Championship clubs. The planning assumption is to avoid relegation from the Championship by 1 place.
The wage budget in Div 1 will be in the Top 8 of all Div 1 clubs. The planning assumption is to challenge for the Div 1 play offs.
When we are in the Championship the annual turnover is much higher than when we are in Div 1 mainly due to the TV money paid to Championship clubs, The amount Simon Sadier is forecasting to put into our Club each year, just to cover annual operating losses, is £2.5M for every season we are in the Championship and £5M for every season we are in Div 1. Sadler’s investment regarding the new East Stand, the new and existing Training Ground any Capital expenditure is all additional to these amounts,
N.B. All of the information above is already in the public domain and completely accessible to everybody.
We currently have almost 100 people employed at the Club as Players, Managers, coaches and support staff, the wage budget for 2022/23 is at least £12M. There seems little doubt based on what Simon Sadler said at the recent Structured Dialogue meeting that the wage budget in Div 1 next season, if we were to be relegated, we will have to be cut from what it is this season. A relegation to Div 1 will therefore impact on the number of people the Club can employ and the players out of contract in June 2023 that we want to retain and the quality of the new players we can sign. We will also be appointing a new Manager and support staff and our divisional status should be a key factor in that decision making process.
It is therefore in everybody’s interests that we retain our Championship status this season and continue to grow and improve the squad as a Championship club, we can never do this as Yo Yo club due to the fluctuations in the wage budgets As we move between the Championship and Div 1.
After last night’s excellent performance and result can we fill the Stadium for all future home games starting with Coventry on Saturday and make Bloomfield Road a fortress and become the 12th man with our best in class support which I heard very loudly from the stands last night?
Lets have no regrets, we need to leave everything out there, after last night I think we can do this.
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