Directors cash injection?
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- Posts: 573
- Joined: 10 Nov 2010, 21:51
- Location: Cheltenhamshire
Do the new directors have to pay to become Directors if so how much?
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
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
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- Posts: 29807
- Joined: 21 Nov 2009, 03:27
andgarod wrote: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
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- Posts: 573
- Joined: 10 Nov 2010, 21:51
- Location: Cheltenhamshire
no I am just wanderinf if they did then it may bolster our transfer budget for the season ahead.
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.
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.
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- Posts: 3927
- Joined: 04 Aug 2011, 11:02
Why do people think Directors would pour money in to a bottomless pit? Hopefully they have the sense to run a proper business.