Directors cash injection?

[cheltsaxon]

Do the new directors have to pay to become Directors if so how much?

[andgarod]

Dont be so rude Saxon
Why should they have to pay
It used to be £100K but I was told it was £150K but certainly not all of the directors had any skin in the game
Perhaps someone will spill the beans
When I asked I was told that they brought other skills to the table
I normally bring a bottle of Malbec
You also had to meet the approval of the chairman I am lead to believe
Are you thinking of applying

[RegencyCheltenhamSpa]

Dont be so rude Saxon
Why should they have to pay
It used to be £100K but I was told it was £150K but certainly not all of the directors had any skin in the game
Perhaps someone will spill the beans
When I asked I was told that they brought other skills to the table
I normally bring a bottle of Malbec
You also had to meet the approval of the chairman I am lead to believe
Are you thinking of applying

[cheltsaxon]

no I am just wanderinf if they did then it may bolster our transfer budget for the season ahead.

[andgarod]

I thought some one said that the club could only spend 55% of our income on players budget. I assume that doesnt include management. So on a turnover of £2M it would be £1.1M. Even if the 2 directors had paid £150K each then it would only increase the budget by approx £160K.
If ST sales fall by 200 back to 1000 then any extra income is wiped out. No rent from lodgers so playing budget will be down but a bigger share of TV deal.

[horlickfanclub]

Why do people think Directors would pour money in to a bottomless pit? Hopefully they have the sense to run a proper business.