ouch!
https://twitter.com/aberdeenfc/status/1361023883281899521?s=21
sorry predictive text is crop. Cant seem to change the “Done” to “Dons”
Results 1 to 30 of 97
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14-02-2021 07:25 PM #1
Dons Statement - eye watering 90% wages to turnover...
Last edited by Viva_Palmeiras; 14-02-2021 at 07:33 PM.
"We know the people who have invested so far are simple fans." Vladimir Romanov - Scotsman 10th December 2012
"Romanov was like a breath of fresh air - laced with cyanide." Me.
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14-02-2021 07:32 PM #2
That's crazy and things seem far from rosy in the garden.
If we can finish 3rd this year and pick up the European payday then we really could start to motor away from them. They are all but saying costs have to be cut and quickly.
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14-02-2021 07:37 PM #3
Serves them right for gazumping most of the players we were trying to sign at start of season. Hell mend them, paying over the odds in wages to ensure they signed them & not us.
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14-02-2021 07:39 PM #4This quote is hidden because you are ignoring this member. Show Quote
Doesn’t seem like they are cutting their cloth. That could end in tears should third elude them."We know the people who have invested so far are simple fans." Vladimir Romanov - Scotsman 10th December 2012
"Romanov was like a breath of fresh air - laced with cyanide." Me.
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14-02-2021 07:42 PM #5This quote is hidden because you are ignoring this member. Show Quote
RBS edged out Barclays in purchasing AMB-Ambro. That turned out to be a millstone for RBS that would bring them down. Winners curse. Know your budget abs stick to it. Look at Nisbet - we knew when to walk away."We know the people who have invested so far are simple fans." Vladimir Romanov - Scotsman 10th December 2012
"Romanov was like a breath of fresh air - laced with cyanide." Me.
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14-02-2021 07:45 PM #6
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Bottled out of their Q&A because they knew they'd be in for a tough time.
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14-02-2021 07:51 PM #7
Thanks Admins for fixing the title!
"We know the people who have invested so far are simple fans." Vladimir Romanov - Scotsman 10th December 2012
"Romanov was like a breath of fresh air - laced with cyanide." Me.
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14-02-2021 07:57 PM #8
Our own wage/turnover ratio will probably be well higher than the normal 60ish%. This is to be expected given the reduced income.
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14-02-2021 07:57 PM #9
They're becoming a bit of a joke now..
Now there are suspicions that the club are putting up pro-McInnes banners..
https://twitter.com/In_Ludo_Veritas/...998850560?s=19
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14-02-2021 08:02 PM #10
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Aberdeen glory years coming to an end. Club on a natural decline. Had a good 7/8 year run at it.
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14-02-2021 08:08 PM #11This quote is hidden because you are ignoring this member. Show Quote"We know the people who have invested so far are simple fans." Vladimir Romanov - Scotsman 10th December 2012
"Romanov was like a breath of fresh air - laced with cyanide." Me.
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14-02-2021 08:17 PM #12This quote is hidden because you are ignoring this member. Show Quote
McCormack showing his lack of experience in football here. 90% wages to turnover is financial suicide for a football club. Hope for the Don's fans he's got deep pockets.
You can see why they've shelved the New Stadium plans and why McInnes's coat is on a shoogly peg now - reality they probably can't afford to pay him up. Quick check online and his contracts until June 2022. If they're spending that much they should definitely have been pushing Celtic for 2nd given the season they've had.
Add to that they are one of the most boring teams in the league to watch. Style of football is eye bleeding.
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14-02-2021 08:17 PM #13
"We’ve never gone into administration or been liquidated"
Meow, makes you wonder what's going on if they're throwing that sort of line around in official statements!
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14-02-2021 08:17 PM #14
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Sent from my LG-H870 using Tapatalk
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14-02-2021 08:21 PM #15This quote is hidden because you are ignoring this member. Show Quote
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14-02-2021 08:25 PM #16
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14-02-2021 08:29 PM #17This quote is hidden because you are ignoring this member. Show Quote
Who owns the dons stadium ?
Considering they claim to have 100,000 fans.. why are their ST sales always pretty low over the last few years ? I’m not saying they aren’t well supported but it’s odd - even if they moved to a new stadium - attendances could even go down if folk take to it.
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14-02-2021 08:29 PM #18This quote is hidden because you are ignoring this member. Show Quote
Wonder if it’s a nudge to encourage those that can to up their donations..."We know the people who have invested so far are simple fans." Vladimir Romanov - Scotsman 10th December 2012
"Romanov was like a breath of fresh air - laced with cyanide." Me.
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14-02-2021 08:29 PM #19
Wouldn’t gloat too much mind you. Our finances will be similarly awful this year. Only points of relative comfort for me are:
- We have more ST holders. However they have more income via AberDNA.
- We will have a smaller wage bill but probably not by much.
- We have had a couple of cup runs.
- We turned down a £3m bid for Nisbet, so thinking we must be comfortable enough to weather it out.
Third place is massive this year. For Hibs the prize money for Europa or Conference League will equate to c.50% of our usual annual turnover. That would be massive in offsetting this seasons losses. Chuck inevitable Nisbet and Porteous sales on top of that and we will probably be alright.
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14-02-2021 08:32 PM #20
Not a fan of that ‘stand free’ nonsense.
Have they got anyone to sell? Lewis Ferguson maybe?
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14-02-2021 08:42 PM #21
Their model clearly isn’t sustainable in normal times never mind now. They will have to cut back going forward which bodes well for us. Although they have taken in a good amount of money the last few windows for the likes of McKenna and Cosgrove so that should help in the short term you’d imagine.
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14-02-2021 08:46 PM #22
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14-02-2021 08:50 PM #23
McInnes has a year left on his contract, I wouldn’t be surprised if they kept him to see that out then looked elsewhere.
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14-02-2021 08:52 PM #24This quote is hidden because you are ignoring this member. Show Quote
I’ve long argued that the football authorities have been asleep at the wheel. Consistently done little to promote sustainability.
they should introduce stress-tests like banks so clubs can show the impact if they had to rely on ST/gate-receipts."We know the people who have invested so far are simple fans." Vladimir Romanov - Scotsman 10th December 2012
"Romanov was like a breath of fresh air - laced with cyanide." Me.
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14-02-2021 08:54 PM #25This quote is hidden because you are ignoring this member. Show Quote
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3rd place is vital obviously but the long term effect of stopping much needed cash for others cannot be underestimated.
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14-02-2021 08:56 PM #26
It has been a puzzle to me how Aberdeen manage to outspend Hibs on wages and transfers when their attendances are nowhere near what Hibs (and Hearts for that matter) have been achieving.
It has become very annoying that every time Hibs show interest in a particular player (eg Ross McCrorie) that Aberdeen appear out of the ether and gazump Hibs. This has been happening for years now.
I really hope that Aberdeen come to a sticky end. Not sufficient to put them out of business but enough to put them on a par with St Mirren and Kilmarnock.
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14-02-2021 09:01 PM #27This quote is hidden because you are ignoring this member. Show Quote
and Cove Rangers, the future of football in Aberdeen
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14-02-2021 09:54 PM #28
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14-02-2021 10:11 PM #29
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14-02-2021 10:14 PM #30
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I wonder if they have more donations on their fan group then we do with HSL?
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