Author Topic: LN’s article  (Read 2414 times)

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Blue_and_Gold

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Pink

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Re: LN’s article
« Reply #1 on: December 16, 2023, 09:53:12 PM »
What follows are merely my own views of course.

Whilst one could mention a number of areas where the business model appears lacking, I also have considerable sympathy with SC, who has taken this club to a level not reached before.


The National League has been allowed to grow hugely, such that there is little difference in playing ability between League Two  and the NL and the wages paid in the NL often exceed those in L2. The gap now between NLN/S and the NL is now ridiculous and has spiralled out of control. There should be nothing wrong in Clubs wanting to be successful and gain promotion but promotion to the NL is a poisoned chalice. I am not sure how clubs promoted to the NL are expected to adjust. It is very noticeable that the 4 teams promoted last year occupy the bottom 4 spots in the NL...just above them are York and Dorking who were promoted the year before.A recent interview with the Fylde Chairman was telling, when he admitted that they hadn't fully understood how the NL had moved on in the last few years and that as a consequence they had recruited inadequately over the pre season and were now having to look at trying to strengthen the squad.

Rewind 2 years to Lynn's pre season recruitment whilst in the NL...........desperately trying to find players of the right calibre, whilst trying to stay in budget. Recruited Omotayo, Ponticelli, Bird et al. Very few, if any were NL standard, but it was still important to be full time and pay rel. big bucks, just to get them.. SC realised what a gulf it was between the leagues and how difficult it would be to get back, if relegated and felt it vital to try and stay in the NL.....hence the loan and appointing Widdrington.....but to no avail. One last throw of dice to get back up the following season, which narrowly failed............and now the money has started to run out and the Club is in a pickle.

Someone on here (apologies for not remembering who) suggested we were suffering from Hughes' poor recruitment. I would suggest we are still suffering from the NL recruitment with presumably high wages still being paid to some of those recruits, who are now struggling to perform at the NLN level.

In a way, SC's desire to get to EFL standard has been achieved by getting to the NL.....it is just that the landscape altered on the way. I personally feel that there has to be a much more even distribution of money , away from the NL to the lower leagues, if non league football is to survive in its current format.....the NL (and clubs therein )is way too powerful.


Money has become such an issue , that probably only one league higher than Thurlow Nunn, would be a financially safe level for a Club the current size of Lynn, if funded merely by football related income streams it might currently generate....any higher and the costs might be too much. Here's hoping we won't have to go there and some solution can be found to the current predicament.




MARCUS ROSE

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Re: LN’s article
« Reply #2 on: December 16, 2023, 10:32:16 PM »
 :sad: :bankrupt: :sad: 
"you reap what you sow"

Blue_and_Gold

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Re: LN’s article
« Reply #3 on: December 16, 2023, 10:37:47 PM »
:sad: :bankrupt: :sad: 
"you reap what you sow"

Unless you have a poor harvest, then you are reliant on what you have stored away in the barn from the previous years.
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m a hill

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Re: LN’s article
« Reply #4 on: December 17, 2023, 02:00:23 AM »
I wonder how close to the wire are we when the Chairman states he won’t be able to pay the wages in January I hope this isn’t the case I wouldn’t want to see the club go belly up

newlinnet2019

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Re: LN’s article
« Reply #5 on: December 17, 2023, 10:18:08 AM »
I wonder how close to the wire are we when the Chairman states he won’t be able to pay the wages in January I hope this isn’t the case I wouldn’t want to see the club go belly up

How come then do we have the money to very likely bring in
a new loan signing on Tuesday as well as eyeing up possibly
two other players!!  Is there still money from the Sport England
loan available or has that all been used!

m a hill

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Re: LN’s article
« Reply #6 on: December 17, 2023, 02:40:01 PM »
We have saved money on sending a player out on loan that’s freed up a bit of money to bring in other players in who we desperately need

Blue_and_Gold

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Re: LN’s article
« Reply #7 on: December 17, 2023, 04:40:28 PM »
We have saved money on sending a player out on loan that’s freed up a bit of money to bring in other players in who we desperately need

Apparently the saving is minimal.
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Squire of Langham

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Re: LN’s article
« Reply #8 on: December 17, 2023, 09:52:41 PM »
If Cleeve's £1 million players wage bill is to be believed from Lynn's National League days and it consisted of a squad of 24 ( I think it wasn't 24) that equates to an average wage of £46,666 per player.  Who are still being paid that for playing NLN?  Paul Jones, Josh Barrett? Anyone else who springs to mind?

Squire of Langham

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Re: LN’s article
« Reply #9 on: December 17, 2023, 10:34:55 PM »
Should read £41,666.

happymondays

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Re: LN’s article
« Reply #10 on: December 18, 2023, 06:55:22 AM »
Totally mismanaged from start to finish...I don't think there ever was any "money".The debt has just been growing and growing undetected..Now the club is absolutely riddled with debt with no more escape tunnels

TonyM

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Re: LN’s article
« Reply #11 on: December 18, 2023, 08:40:11 AM »
Totally mismanaged from start to finish...I don't think there ever was any "money".The debt has just been growing and growing undetected..Now the club is absolutely riddled with debt with no more escape tunnels

Not sure that is really the situation.  It's true there never was the money coming into the club from matchdays/sponsorship etc to cover what was going out but that was covered by SC lending the money to the club.  Without up to date accounts it's difficult to be sure but essentially the club only has two main debts on the balance sheet - SC (or his group companies) and the Sport England loan (£430k?) plus the normal trading debts to HMRC, suppliers etc which are hopefully being paid off monthly. 

 

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