Promotion funds,

Discussion in 'Bulletin Board' started by Dolantyke, May 1, 2019.

  1. Dol

    Dolantyke Active Member

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    How much do we, get for promotion to the championship ..
     
    Dolantyke, May 1, 2019
    #1
  2. Spuggy

    Spuggy Well-Known Member

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    10 bob and a blackies egg.
     
    Spuggy, May 1, 2019
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  3. wombwell-red

    wombwell-red Well-Known Member

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    Apparently worth 6 million
     
    wombwell-red, May 1, 2019
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  4. Ged

    Geddiswasguud Well-Known Member

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    Spend majority on our fantastic coach (New improved contract) then work from there!
     
    Geddiswasguud, May 1, 2019
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  5. Sco

    Scoff Well-Known Member

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    Relegation cost about £6m, so promotion will probably add roughly that to the budget for next year.
     
    Scoff, May 1, 2019
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  6. churtonred

    churtonred Well-Known Member

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    The bulk of the six million will quickly be eaten up with offering improved deals to those coming up to end of contracts and promotion bonuses and pay increase clauses to those on longer deals.
     
    churtonred, May 1, 2019
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  7. On yer tyke

    On yer tyke Well-Known Member

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    and rightly so, I imagine majority will have a pay increase already in there current contracts anyway. But I wanna see the spine of the team tied down to decent contracts now.

    The owners have said that every penny made is going to be invested back into the club, so lets see.

    The reds are going up!!!
     
    On yer tyke, May 1, 2019
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  8. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    £2 million will be invested in to the current squad.

    The remaining £4 million plus any other revenue ahead of budget is there to invest in new members of the squad.
     
    Loko the Tyke, May 1, 2019
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  9. churtonred

    churtonred Well-Known Member

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    I guessed more than that. Good news if we do have 4 mil to play with though.
     
    churtonred, May 1, 2019
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  10. Dja

    Django Well-Known Member

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    Cryne used to say it was worth £6m in revenue but there’s been a new tv deal since so the figure may even be higher
     
    Django, May 1, 2019
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  11. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    The £6 million has been quoted by Conway this season and is aligned with the losses we sighted on relegation last year
     
    Loko the Tyke, May 1, 2019
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  12. KamikazeCo-Pilot

    KamikazeCo-Pilot Well-Known Member

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    So you don't know then?
     
    KamikazeCo-Pilot, May 1, 2019
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