FORUMS > Keighley Cougars > Cougars again calling in Receivers |
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Player Coach | 2 | No Team Selected |
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Dec 2009 | 15 years | |
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Dec 2009 | Dec 2009 | LINK |
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| I am very sad to learn of cougars current plight.
I worked at the Cougars from 1998 to 2004 as the Accounts controller - a few of you may know me.
I did the best I could to inform the directors at all times of the current and future cashflow predictions and what may happen if sponsorship didn't come in as promised.
The problem that always cropped up was how much can the coach have to promise winpay or contracts to the players, then the rest of the expenses were sorted and then income was 'made up' to show a small profit on a cashflow prediction.Everyone agreed to it and then the income didn't materialize but the players were still paid. If the coach was only given say £100 win pay and no lose pay he would hold his hands up and say ' why bother-you'll just have academy players'.
The only way a club can survive in any of the two lower divisions is directors to spend and lose say £50,000 - £100,000 a year to afford a team to survive in mid table or be fortunate enough to hae a crowd of say 2,000 a match but only pay say £100-£150 a win. Also too many admin staff cripples the wages bill - I saw this first hand - the only season where most of the criteria above has worked is in 2001-2002 season(1st year after Colin and Neil took over)
The salary cap is there for a reason and I tried to adhere to it while I was there - it is a safety net to keep your house in order until other income streams start to come in.
I wish I could help now but I rather suspect one of the new Directors too be - Gary Fawcett would have other ideas about that. I feel so sorry for Colin Farrar.
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Rank | Posts | Team |
Club Owner | 33944 | No Team Selected |
Joined | Service | Reputation |
Mar 2004 | 21 years | |
Online | Last Post | Last Page |
Mar 2016 | Mar 2016 | LINK |
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9005.jpg kcab sfrawdder
Luck is a combination of preparation and opportunity
Just to avoid confusion Starbug is the username of Steven Pike
SOMEBODY SAID that it couldn’t be done
But he with a chuckle replied
That “maybe it couldn’t,” but he would be one
Who wouldn’t say so till he’d tried.
So he buckled right in with the trace of a grin
On his face. If he worried he hid it.
He started to sing as he tackled the thing
That couldn’t be done, and he did it!:9005.jpg |
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| Quote: Jeremy77 "I am very sad to learn of cougars current plight.
I worked at the Cougars from 1998 to 2004 as the Accounts controller - a few of you may know me.
I did the best I could to inform the directors at all times of the current and future cashflow predictions and what may happen if sponsorship didn't come in as promised.
The problem that always cropped up was how much can the coach have to promise winpay or contracts to the players, then the rest of the expenses were sorted and then income was 'made up' to show a small profit on a cashflow prediction.Everyone agreed to it and then the income didn't materialize but the players were still paid. If the coach was only given say £100 win pay and no lose pay he would hold his hands up and say ' why bother-you'll just have academy players'.
The only way a club can survive in any of the two lower divisions is directors to spend and lose say £50,000 - £100,000 a year to afford a team to survive in mid table or be fortunate enough to hae a crowd of say 2,000 a match but only pay say £100-£150 a win. Also too many admin staff cripples the wages bill - I saw this first hand - the only season where most of the criteria above has worked is in 2001-2002 season(1st year after Colin and Neil took over)
The salary cap is there for a reason and I tried to adhere to it while I was there - it is a safety net to keep your house in order until other income streams start to come in.
I wish I could help now but I rather suspect one of the new Directors too be - Gary Fawcett would have other ideas about that. I feel so sorry for Colin Farrar.'"
Anybody that has ever had any involvment at a smallish or largeish proffessional sports club will see this as a familiar scenario
1 st priority every year is the playing budget , when in fact it should be the last
Non existant budget for marketing should be the 1 st
I call it the ' Big prop/fast winger/aussie Half back scenario
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Rank | Posts | Team |
Club Owner | 235 | No Team Selected |
Joined | Service | Reputation |
Aug 2003 | 21 years | |
Online | Last Post | Last Page |
Oct 2012 | Oct 2012 | LINK |
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| The way to solve the cash flow problems, are to have promotion and relegation to all divisions. The reason all the "smaller" clubs are stuggling is because there is nothing to play for in the lower leagues.
In Championship one there is promotion, and that is it, But there is no promotion and relegation to/from Super league, and that is when people say "why should i Go anymore, there is nothing to play for"
Look at the crowds for smaller clubs and how they have fallen.
The Northern Rail cup could be a great Competition if done right, get back to 4 groups of 5, playing home and away, then have the knockouts, bottom 2 team of each group play each other, and then the winners of that plus the remaining 12 go into an open draw, and before the nay sayers go" why should a bottom club get a chance to win it" Why should a team finishing 6th win promotion?
There is the franchise system, but that is Not 100% safe, I still think it will be toulouse and south wales whoget the next franchises.
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Rank | Posts | Team |
Player Coach | 2855 | No Team Selected |
Joined | Service | Reputation |
Aug 2009 | 15 years | |
Online | Last Post | Last Page |
Oct 2017 | Oct 2017 | LINK |
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46524.jpg Don't walk behind me, I may not lead. Don't walk in front of me, I may not follow. Just walk beside me and be my friend. -Albert Camus:46524.jpg |
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| I'd like to see all clubs be given a full and thorough independent audit every season.
Any club found to be operating at a loss (before cash injections by the board), using director or corporate loans to pay players wages or failing to pay the HMRC on time should have their salary cap lowered by a certain percentage depending on how serious the discretion is.
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Rank | Posts | Team |
International Chairman | 3222 | No Team Selected |
Joined | Service | Reputation |
Feb 2002 | 23 years | |
Online | Last Post | Last Page |
Mar 2023 | Feb 2019 | LINK |
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fonds blancs/Diego.gif [url:w48v2ohn]http://www.keighleycougars.info/c.do?category=110[/url:w48v2ohn]:fonds blancs/Diego.gif |
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| Quote: Stealth Comic "I'd like to see all clubs be given a full and thorough independent audit every season.
Any club found to be operating at a loss (before cash injections by the board), using director or corporate loans to pay players wages or failing to pay the HMRC on time should have their salary cap lowered by a certain percentage depending on how serious the discretion is.'"
Spot on, I advocated the same thing.
I would even encourage points deductions.
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Rank | Posts | Team |
Club Owner | 2874 | No Team Selected |
Joined | Service | Reputation |
Feb 2004 | 21 years | |
Online | Last Post | Last Page |
Aug 2024 | Aug 2024 | LINK |
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8762_1295775855.jpg :d7dc4b20b2c2dd7b76ac6eac29d5604e_8762.jpg |
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| Quote: Jeremy77 "
I wish I could help now but I rather suspect one of the new Directors too be - Gary Fawcett '"
You are correct. Indeed, on the Certificate of Incorporation for the new company (Keighley Cougars 2010 Ltd) he is named as the sole owner and director of the company.
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Rank | Posts | Team |
International Chairman | 16250 | |
Joined | Service | Reputation |
Feb 2002 | 23 years | |
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Feb 2020 | Feb 2020 | LINK |
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953.jpg 2015 - major missed opportunity, 2016 - stronger teams = harder task (no problem there then), 2017 - OMG What now!!!:953.jpg |
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| Thats you buggered then Jeremy
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Rank | Posts | Team |
Player Coach | 2855 | No Team Selected |
Joined | Service | Reputation |
Aug 2009 | 15 years | |
Online | Last Post | Last Page |
Oct 2017 | Oct 2017 | LINK |
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46524.jpg Don't walk behind me, I may not lead. Don't walk in front of me, I may not follow. Just walk beside me and be my friend. -Albert Camus:46524.jpg |
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| Doesn't he run Link Telecom or is pretty high up there?
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Rank | Posts | Team |
Player Coach | 201 | No Team Selected |
Joined | Service | Reputation |
Oct 2008 | 16 years | |
Online | Last Post | Last Page |
Dec 2015 | May 2015 | LINK |
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41180_1261218925.gif Put him on the pitch and parade him at half time.:d7dc4b20b2c2dd7b76ac6eac29d5604e_41180.gif |
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| Quote: Jeremy77 "I am very sad to learn of cougars current plight.
I worked at the Cougars from 1998 to 2004 as the Accounts controller - a few of you may know me.
I did the best I could to inform the directors at all times of the current and future cashflow predictions and what may happen if sponsorship didn't come in as promised.
The problem that always cropped up was how much can the coach have to promise winpay or contracts to the players, then the rest of the expenses were sorted and then income was 'made up' to show a small profit on a cashflow prediction.Everyone agreed to it and then the income didn't materialize but the players were still paid. If the coach was only given say £100 win pay and no lose pay he would hold his hands up and say ' why bother-you'll just have academy players'.
The only way a club can survive in any of the two lower divisions is directors to spend and lose say £50,000 - £100,000 a year to afford a team to survive in mid table or be fortunate enough to hae a crowd of say 2,000 a match but only pay say £100-£150 a win. Also too many admin staff cripples the wages bill - I saw this first hand - the only season where most of the criteria above has worked is in 2001-2002 season(1st year after Colin and Neil took over)
The salary cap is there for a reason and I tried to adhere to it while I was there - it is a safety net to keep your house in order until other income streams start to come in.
I wish I could help now but I rather suspect one of the new Directors too be - Gary Fawcett would have other ideas about that. I feel so sorry for Colin Farrar.'"
It would probably be a tough thing to introduce flexible wages based on actual income but maybe that is the thing that needs to happen?
I don't necesserily agree with the players receiving no money for a loss as they are still 'working' (and hard at that!) but perhaps wages (including personal drawings and fixed salaries) should flex with income? A self imposed % cap on pay would perhaps permit a small amount of investment in marketting & hopefully growth?
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Rank | Posts | Team |
Club Coach | 1380 | No Team Selected |
Joined | Service | Reputation |
Oct 2004 | 20 years | |
Online | Last Post | Last Page |
Aug 2013 | Jul 2013 | LINK |
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10501.gif Beauty is only skin deep
But UGLY goes right down to the bone:10501.gif |
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| Quote: Stealth Comic "Doesn't he run Link Telecom or is pretty high up there?'"
Aye, rlthats himrl
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Rank | Posts | Team |
Player Coach | 139 | No Team Selected |
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May 2009 | 15 years | |
Online | Last Post | Last Page |
Mar 2017 | Feb 2017 | LINK |
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It is sometimes better to remain silent and be thought a fool than to speak up and remove all doubt !: |
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| Quote: Stealth Comic "Doesn't he run Link Telecom or is pretty high up there?'"
I thought Link Telecom had gone bust !!!
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Rank | Posts | Team |
Player Coach | 2855 | No Team Selected |
Joined | Service | Reputation |
Aug 2009 | 15 years | |
Online | Last Post | Last Page |
Oct 2017 | Oct 2017 | LINK |
Milestone Posts |
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Milestone Years |
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46524.jpg Don't walk behind me, I may not lead. Don't walk in front of me, I may not follow. Just walk beside me and be my friend. -Albert Camus:46524.jpg |
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| Quote: View from the full back "Aye, rlthats himrl'"
Sounds like ideal Cougar director material
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Rank | Posts | Team |
Player Coach | 757 | No Team Selected |
Joined | Service | Reputation |
Mar 2009 | 16 years | |
Online | Last Post | Last Page |
May 2011 | Jul 2010 | LINK |
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