|
|
Post by philtheglass on Oct 21, 2020 8:33:42 GMT
Update from Oliver Bayliss on Twitter
How the National League funding will be divided:
7 National League clubs will receive 95k a month.
The 16 other clubs get £84k a month.
5 National North/South clubs will receive 36k a month.
The 37 other clubs get 30k a month.
Clubs will receive payment next week.
|
|
|
|
Post by timberwolf on Oct 21, 2020 8:40:45 GMT
just wonder why some get more than others and what its based on.
|
|
|
|
Post by atmosphere on Oct 21, 2020 8:45:17 GMT
just wonder why some get more than others and what its based on. Average gate money surely?
|
|
|
|
Post by ricky on Oct 21, 2020 8:47:28 GMT
Must be based on potential gate receipt losses, that’s the only fair way to do it, happily that works well for County.
|
|
|
|
Post by Chaddz09 on Oct 21, 2020 8:47:29 GMT
I assume we're one of the 7 NL clubs?
|
|
|
|
Post by Nik on Oct 21, 2020 8:48:09 GMT
just wonder why some get more than others and what its based on. Average gate money surely?
If that's the case then County would like be in that 7 then, surely? |
|
|
|
Post by Imposter on Oct 21, 2020 9:20:25 GMT
I'm guessing the 7 are us, Notts, Wrexham, Chesterfield, Hartlepool, Torquay, and Yeovil.
|
|
|
|
Post by vicar on Oct 21, 2020 9:21:20 GMT
If it's based on Tory MPs we've got two.
|
|
|
|
Post by Imposter on Oct 21, 2020 9:24:55 GMT
If it's based on Tory MPs we've got two. We've also got two Labour ones. Including the MP for Stockport the constituency EP and County are in. Plus the local Labour MP is to the left of the party and voted against the government's Police Can Do What They Like bill* *This may not actually be the official title. |
|
|
|
Post by philtheglass on Oct 21, 2020 10:50:53 GMT
The National League funding will be:
-Chesterfield, Hartlepool, Notts County, Stockport, Torquay, Wrexham & Yeovil will receive £95k a month
-Other 16 NL clubs get £84k
-Chester, Dulwich Hamlet, Hereford, Maidstone & York City will receive £36k
-All other NLN/NLS teams get £30k
|
|
|
|
Post by Henry Pratt on Oct 21, 2020 11:02:47 GMT
That's a hell of a windfall, isn't it? An effective annual grant of over £1.1m, although I know we're all hoping fans will be back before a year of it has passed (at which point the money will presumably stop?). How does that rate as a % of our turnover, anyone know?
|
|
|
|
Post by desmond on Oct 21, 2020 11:07:03 GMT
That's a hell of a windfall, isn't it? An effective annual grant of over £1.1m, although I know we're all hoping fans will be back before a year of it has passed (at which point the money will presumably stop?). How does that rate as a % of our turnover, anyone know? [br £1.1m would likely have covered all of our outgoings in the last few seasons, not sure it would this time out. |
|
TC
Contributor
Posts: 784
|
Post by TC on Oct 21, 2020 11:10:16 GMT
I believe it only runs for three months initially.
|
|
|
|
Post by bristolhatter on Oct 21, 2020 11:10:56 GMT
That's a hell of a windfall, isn't it? An effective annual grant of over £1.1m, although I know we're all hoping fans will be back before a year of it has passed (at which point the money will presumably stop?). How does that rate as a % of our turnover, anyone know? I imagine even in the worst case scenario of Covid being here in 12 months, this grant would only go as far as end of April at best so only 7 months not 12, so more like £650k. I think a lot of our sponsorship money has remained and this is to cover lost match day costs. If you assume (including STs) 5000 a match day, average price per ticket (adult/concession/kid) after tax £8, and £10k for food/drink/hospitality that's £50k per match over 22 games (no Macc) that's £1.1m The fact that some ST holders are not asking for a refund and additional streaming revenue, combined with lower match day costs, I'd say we shouldn't be too far away from original non-Covid projections. (although clearly if we continue to play the way we are, 5000 would be a very conservative estimate!) |
|
|
|
Post by dispatcher007 on Oct 21, 2020 11:13:48 GMT
I believe the ex FL clubs are being given more as they have a higher attendance and wage bill.Same in NLN and NLS but I dont remember Dulwich Hamlet being in the FL
|
|
