dawsonsjs
Preston North End
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Post by dawsonsjs on Jan 17, 2023 13:23:10 GMT
For years I've stuck up for the Hemmings. Despite misgivings over the way the club has been run:
- appointments of dodgy bookmaker Lindsay and then dodgy Ridsdale (it is difficult to distinguish between the multiple failings of Ridsdale and those above him but I've taken the view that if you appoint someone to run a business for you then, whilst you are ultimately responsible for the appointment and what goes on, the person who is directly responsible is the appointment) - lack of youth investment - inept player recruitment - useless managerial appointments - lack of commercial growth - poor fan communications and inadequate facilities - Ingol fiasco -etc etc
I have long held the view (for 50 years) for a club the size of PNE to progress it must develop its own players and recruit ones with potential added value...when is the last time anybody came through the ranks (Davies)?..The current crop nothing like good enough ....and the added value from the Pearson sale was pathetically small and dissipated.
However I have always taken the bottom line that the Hemmings were never going to put themsleves into administration and the club has been financially safe with them.
The trouble with this strategy , that is always taking a short term view and prioritising costs, is that you end up with a club that is going nowhere....except backwards now that the input is being reduced.
I have no idea what the |Hemmings are asking for the club but the way the club is being run they are going to end up having to give it away (Wolves was sold for 1p).
They are going to have to write off the internal debt anyway (I guesstimate approaching £70m).
Who. or what, in their right mind is going to want to pay any significant money for a small Championship club (that is what we are) needing around £7m a year just to balance the books?
I've run a successful business with a 7 figures turnover and made enough from a buy-out to retire at 50 had I wanted to do so (went into academia). Even if I had the money, and as passionate about the club as I am, I wouldn't touch it with the proverbial barge pole as matters stand.
I've come to the conclusion it is more than time the Hemmings went (and thank you for all you have done) ...and above all do us all a favour and dump Ridsdale.....but who on earth would want to take the club on, never mind pump money into it?
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PNE From Afar
Preston North End
#teamslikepreston
Posts: 5,576 Likes: 1,499
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Post by PNE From Afar on Jan 17, 2023 14:11:06 GMT
So youre saying they should sell but no one wants to but and why would they?
I could have told you this 10 years ago.
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Post by px6 on Jan 17, 2023 14:53:53 GMT
Sell the club. Easier said than done, and will more the likely lead to a decline. (Looking at other clubs)
Think we’ve reached our ceiling in my opinion. Minor miracle needed to get any further.
Not a fan of blaming an individual for ‘failing’ to do an impossible job.
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pne1971
Preston North End
Posts: 6,020 Likes: 2,107
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Post by pne1971 on Jan 17, 2023 15:15:24 GMT
I personally think its more about the "state of football in general" than blaming owners or owners advisors.
Truth is the premier league "spoilt" football and in actuality we are doing pretty well for a club our size and without a massive dose of luck or an Arab benefactor, we will stay where we are, and god forbid the Hemmings dump us, we will become a mid table league 1 club. (which isn't a bad thing, its football)
imo the amount of information available and social media platforms has created an expectation and disillusionment that didn't exist 10 years ago.
Follow your club as a fan, expect good and bad times, enjoy the journey and understand the success/premiership isnt always the destination..
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Post by makemineapint on Jan 17, 2023 16:03:57 GMT
I know certain members will dump it all on Ridsdale and he needs to take his fair share. I have argued his case in the past as to how much can be laid at his door but if there is any truth in this latest episode I have to now admit defeat. Hemmings clan need to take their share but as big business people throwing their hard earned at it it bemuses me how they allowed it to happen, but they have given Ridsdale the job and kept him in it. The managers, not sure how much input can be laid at their door but it was deliberately pointed out at the begining of the season that Lowe would have a big say in who we recruit. The players, as long as they do their best, they have done their job. they were head hunted and they needed a job. The blame that needs to be shared is the absolute waste of the small budget that the club appears to have. Over the last ten years or so since Hemmings moved in it is unbelievable the amount of cash that as been thrown away on sub standard players (too many to mention) and what makes it even worse is that after three years to look at them some have even had their contracts renewed. 
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dawsonsjs
Preston North End
Posts: 11,059 Likes: 3,863
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Post by dawsonsjs on Jan 17, 2023 16:08:35 GMT
Whilst the odds are stacked against progress given the way that football is funded I say given a vision and strategy the club can be taken forward by being better run.
Just look at what's gone on. for intance - recruitment has swung from young Prem casr offs, to Irish League, to signing crocks in the hope they woudl come good. The wage bill has shot throught the roof. Whilst the squad had grown in numbers it has diminished in quality - commercial income at £2m is pathetic. There is huge potential for growth by using the facilities better. How inept can you get reducing ST prices, and increasing attendances, but failing to benefit from the shop and catering? - we have had the worst managerial appointment in the club's history in Medal Winner...but Lowe's home record is now even worse.
Yes there is a case for supporting the continuation of Hemmings ownership as long as they are prepared to continue funding the club...but it is apparent that this is not the case. The wage bill has been reduced and, beyond next season, it appears that there will be no added money.
In the circumstance could anybody else do worse?
Buyers are obviously not queuing up but anyone looking at the current books, 'subsidy', commercial incvome, gate money, is bound to shie away.
And yes I do fault Ridsdale...he's failed at every football and commercial level...what he has done is to run the club on a continuous shprt-term basis trying to keep down the amount of money required off the Hemmings (debt was always an anathema to TH and none of his businesses were ever run owing /borrowing money). I accept that you could maintain that he has succeeeded by keeping the club in the Championship and the annual suibsidy to a level that the |Hemmings have been prepared to pay. However this appropach has left the club where it is now .....and that is a very unattrqactive proposiition to anyone looking to take over a Championship club.
I seriously feel that with the current squad and manager next season not only will gates tumble but we will be relegation favourites.
Hence I no longer fear the Hemmings going.
They need to come out and say 'yes, we want to keep the club in the long term and we will continue to make good the losses' and I would say, get rid of Ridsdale and let someone else have a go, or else making it quite clear that the club is available at a realistic price and , for this reason, they are making the club a more attracctive buying proposiiton by currently reducing required expenditure.
I've supported the club through thick and thin (more thin than anything else) for over 60 years (and at considerable expense) but last Saturday was a watershed for me...first time I've ever left before the end.
I'm tired of a club that is so amateurishly run and with no other ambition than to stay in the Champ and keep down costs. This isn't because I'm mad about the Prem...I'm not.....but because I recognise that in football if you stop trying to go forward you end up going backwards.
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Post by px6 on Jan 17, 2023 16:26:35 GMT
It’s times like these we need to get behind the team. But more often divides the club. Wanting Hemmings/Risdale the manger out won’t solve it.
Fact is we can’t get players good enough to take us further. Everyone’s doing their bit, nobody’s fault. Well, it’s the money distributions fault but that’s not gonna change.
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Post by makemineapint on Jan 17, 2023 16:59:29 GMT
And yes I do fault Ridsdale...he's failed at every football and commercial level...what he has done is to run the club on a continuous shprt-term basis trying to keep down the amount of money required off the Hemmings (debt was always an anathema to TH and none of his businesses were ever run owing /borrowing money). I accept that you could maintain that he has succeeeded by keeping the club in the Championship and the annual suibsidy to a level that the |Hemmings have been prepared to pay. However this appropach has left the club where it is now .....and that is a very unattrqactive proposiition to anyone looking to take over a Championship club.
When you ran your multi million pound business you probably employed people to manage sections of the workload. If they were losing you money left right and centre, ruining the quality of the product and then started to insult your customers, what would you do?
This is why I can't load all the blame on Ridsdale.
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dawsonsjs
Preston North End
Posts: 11,059 Likes: 3,863
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Post by dawsonsjs on Jan 17, 2023 17:01:39 GMT
Given the money distribution and iniquitous parachute payments it becomes more imperative for a cvlub PNE's size to develop its own players and /or buy ones with potential added value.
Just look at the track record over the last 10 years.
Players comiing through the ranks....1. Ben Davies
Brought in players being sold for a significant amount above the incoming fee....1 (Pearson)
Don't tell me that nobody else could do better...there isn't a Championship club that has done worse!
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Post by makemineapint on Jan 17, 2023 17:29:12 GMT
Given the money distribution and iniquitous parachute payments it becomes more imperative for a cvlub PNE's size to develop its own players and /or buy ones with potential added value. Just look at the track record over the last 10 years. Players comiing through the ranks....1. Ben Davies Brought in players being sold for a significant amount above the incoming fee....1 (Pearson) Don't tell me that nobody else could do better...there isn't a Championship club that has done worse! Why can't you just say that you would sack him, and if you don't you probably get what you deserve?
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Post by BroughtonWhite on Jan 17, 2023 18:17:14 GMT
Wouldn’t Hugill, Robinson, Cunningham etc fall into the selling on for more bracket?
We’re run by people who won’t let us go bust and who will let us compete. Im okay with that.
This is just the usual over reaction after a few bad results. We’ll be happy again in a few weeks and Lowe will be the messiah!
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dawsonsjs
Preston North End
Posts: 11,059 Likes: 3,863
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Post by dawsonsjs on Jan 17, 2023 19:10:02 GMT
Sorry Broughton,....you are obviously right. I'm getting carried away it's so long since we did bring in any significant money from 'added value' . But it's still just the 4 (I don't know the 'etc' to which you refer) and this is over a period of what? 8/9 seasons? And what has happened to the money? OK a lot has gone into the wage bill but a lot has also been dissipated on useless punts and overpaid contracts.
This happens at all clubs of course but the problem at PNE is that instead of building a player infrastructure to take the club forward (or even maintain the current status) the lack of commitment/success in both development and recruitment has left the club reliant on the Hemmings family income to stay where it is.
Take that away and what have you got?
A club that is going backwards, that's what.
And it isn't a matter of a few wins and everything will be rosy...because the failures (Ridsdale/Hemmings) to provide a foundation for developing players and develop successful recruitment practices leaves the club in the long-term lurch when the Hemmings money is no longer there to shore up such deficiencies.
And, as I say, it all boils down to a lack of strategic management and a focus on keeping down the annual financial input....not on longer term thinking and investment in growth (youth. commercial, recruitment) to reduce dependency.
The club desperately needs to be run better.
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Post by deepdaleoldun on Jan 17, 2023 19:10:58 GMT
I,m sorry but if the only thing that matters to some people is where we are in the football tier then they are going to come in for real shock next season if the standard of football we are dishing up does,nt improve I am positive that I am not alone in not being prepared to waste my money attending and season ticket sales will be far lower next season the only reason we are not in real trouble now is because of the fact it is a rubbish league I wonder just who is responsible for the quality of player we now have if its not Hemmings, Ridsdale or Lowe it must be the loyal fans who spend their money every week turning up to watch them the football played by some of the non-league teams in the FA cup this season has been better to watch than what we have been getting
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dawsonsjs
Preston North End
Posts: 11,059 Likes: 3,863
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Post by dawsonsjs on Jan 17, 2023 19:22:50 GMT
...and the rubbish that is being served up oldun is a direct consequence of the failures I've highlighted.....take away, or , as now, reduce the Hemmings £input, and there's been a colossal failure since the takeover to develop sustainable player recruitment and development programmes. We've been allowed to fall way behind other clubs in this regard because of the short-termism and focus on the annual balance sheet. The irony is that the wage bill has been allowed to spiral out of control because in order to stay where we are players have had to be recruited to fill positions and expensive (unaffordable) contracts have been handed because of the inability to develop our own players.
To some extent Broughton is right because when you have the opium of performances and results people do forget about the club infrastructure.
What's different now is that not only do we have a manager who hasn't a clue as to how to get results at Deepdale the financial input from the Hemmings is being reduced so that without the infrastructure development having taken place described above, the club will now struggle to even maintain its current position.
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Post by cumbrianpastyface on Jan 17, 2023 20:45:55 GMT
It's hard to disagree with any of the comments here to be fair. Ive always supported the Hemmings and their ownership of the Club that's never been a secret, but it's hard to find any reason why they would keep PR on especially after yesterday's patomine. Personally, I am more than happy with the Hemmings family to continue to prop us up. Ultimately, there isnt anyone else willing to do so and quite frankly, who would want to buy a club that needs as much financial input as we do just to keep us ticking over?! If we are to believe that PR runs the Club then he must be held accountable for everything that has happened on and off the pitch in recent years. Poor managerial decisions post AN, poor contracts given out, poor recruitment, poor fan relations plus many more issues that have been pointed out already have lead us to this point. There are ways and means to be successful on a budget at this level. Many teams have acheived this over the years, but we seem to be stuck in a rut akin to when TH forced his takeover. I guess the easy thing to do would be to have a pop at Ryan Lowe, but what's the point? He has his job to do and clearly it's not going brilliantly (understatment!), but again, he's not had the opportunity to get the players in that he wants. He's literally looking as fed up and as miserable like AN did in his last year with us! FWIW, I got out of the routine of going on years ago and since moving a further 150miles down south, I cannot muster the enthusiasm to make the effort to go given everything Ive seen for the last couple of years. Hereford Utd is just down the road, at least you can stand up there! 
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Post by pnebraddy87 on Jan 17, 2023 22:09:10 GMT
My main gripe with the Hemmings is employing Ridsdale for so long and taking his word as gospel despite is obvious failures. Back the right team with a structure in place and we could still go places. Look at Bournemouth (yes they played a risky game) Brighton, Fulham, Brentford, Burnley etc. look at Luton now, how I would love to be in their position.
There’s a director of football earnings praise up in Scotland for his recruitment, goes by the name of Joe Savage, I wonder where Hearts picked him up from 🤔 bit of positivity picking up an analysis from Barnsley who is a Preston fan and he gets shunted into a new role. Bring in a new recruitment team that worked with our current manager in his successful period at Plymouth. I don’t see much of their input while Plymouth bring in a new recruitment team who again seem to be thriving. Maybe it has something to do with that final piece of the jigsaw seeing things over the line.
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Post by thefutureisbrown on Jan 17, 2023 23:34:31 GMT
It's hard to disagree with any of the comments here to be fair. Ive always supported the Hemmings and their ownership of the Club that's never been a secret, but it's hard to find any reason why they would keep PR on especially after yesterday's patomine. Personally, I am more than happy with the Hemmings family to continue to prop us up. Ultimately, there isnt anyone else willing to do so and quite frankly, who would want to buy a club that needs as much financial input as we do just to keep us ticking over?! If we are to believe that PR runs the Club then he must be held accountable for everything that has happened on and off the pitch in recent years. Poor managerial decisions post AN, poor contracts given out, poor recruitment, poor fan relations plus many more issues that have been pointed out already have lead us to this point. There are ways and means to be successful on a budget at this level. Many teams have acheived this over the years, but we seem to be stuck in a rut akin to when TH forced his takeover. I guess the easy thing to do would be to have a pop at Ryan Lowe, but what's the point? He has his job to do and clearly it's not going brilliantly (understatment!), but again, he's not had the opportunity to get the players in that he wants. He's literally looking as fed up and as miserable like AN did in his last year with us! FWIW, I got out of the routine of going on years ago and since moving a further 150miles down south, I cannot muster the enthusiasm to make the effort to go given everything Ive seen for the last couple of years. Hereford Utd is just down the road, at least you can stand up there!  I got out of the habit and then got sucked back in with the worst value season ticket ever this season. Imagine knocking £100 off your ST prices and it still not being worth it 😂 Won't be returning next season (other than the odd game here and there) unless there's major changes.
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Post by Bobby Ham's sarnie on Jan 18, 2023 2:09:41 GMT
Why on earth has the injured Evans been given a new contract? Surely you would wait until the end of the season before offering him one as there's now no incentive for him to earn one via his performances.
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Post by pnebraddy87 on Jan 18, 2023 8:02:40 GMT
Why on earth has the injured Evans been given a new contract? Surely you would wait until the end of the season before offering him one as there's now no incentive for him to earn one via his performances. Sounds like that contract was signed a couple of weeks ago, strange time to announce it while he’s injured. Lowe had said if he wasn’t back for Saturday then he’d be back for Brum so let’s see on Saturday whether that’s true.
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Post by makemineapint on Jan 18, 2023 8:14:34 GMT
Trevor Hemmings gave Ridsdale the benefit of the doubt some ten years ago and gave him the job.
Since Trevor's sad demise his family have kept him in the job.
My conclusion, Ridsdale was/is doing exactly what the Hemmings family require of him and as such the buck stops with them.
Am I missing something?
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dawsonsjs
Preston North End
Posts: 11,059 Likes: 3,863
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Post by dawsonsjs on Jan 18, 2023 9:23:12 GMT
Good to hear from you cpf, obviously had a big upheaval with the move, keep taking an interest.
Of course you are right MM re the Hemmings and Ridsdale...and it illustrates the underlying mentality. Keep down the £amount required, don't spend money on unnecessary things such as a decent fan zone, keep the staff numbers as low as possible (hence flog off catering and the shop), stay where we are in the League and get on with the job not taking up our business time (unless, of course, it's to galvanise support for changing the outcome of a planning application for housing). Hence, of course, as soon as legally allowed PR takes over the Chair's position from Craig Hemmings.
As the Hemmings don't seem to mind the level of internal debt PR has done a great job for them (I cynically wonder to what extent the convoluted ownership ...through Worden and Grovemoor provides some financial relief even though there is no corporation tax on the Isle of Man).
This is no way to run a football club that wants to go forward....and I am not necessarily talking about the Prem ....but one of standing on its own feet, producing its own players, developing its own commercial income streams, growing the club on and off the pitch.
And this is why I have had enough of the lot of them(Hemmings/Ridsdale) because take away that annual financial subsidy and the club is up the creek. Add that to the dire football that is being produced and there's every reason for the natives to be restless. Even a win over Spurs wouldn't paper over the underlying deficiencies.
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Post by makemineapint on Jan 18, 2023 9:44:35 GMT
A new owner would have to be prepared to subsidise the club, at least to start with and possibly to some extent anyway.
The amount of subsidising could be cut considerably by the means you have pointed out, but it would take a bit of financial input to start with.
This is no way to run a football club that wants to go forward....and I am not necessarily talking about the Prem ....but one of standing on its own feet, producing its own players, developing its own commercial income streams, growing the club on and off the pitch.
This bit is most important.
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dawsonsjs
Preston North End
Posts: 11,059 Likes: 3,863
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Post by dawsonsjs on Jan 18, 2023 10:01:28 GMT
Yes, I think any new owner (if they exist) would have to accept that the club requires genuine investment...as distinct from what it has had, which amounts to no more than subsidising loss..
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Post by pnebraddy87 on Jan 18, 2023 11:16:31 GMT
We are just going through the motions as a football club, trying to tread water while cutting costs, the summer window showed this. We got so many big earners off the books yet left ourselves 2 players short at the end of the window because of the budget.
This is only going to go one way and that is relegation unless somebody gets a grip of the running of the club from back to front. Somebody needs to come in and address the commercial aspects of the club and the ability to recruit to sell or produce our own players.
On one hand there is talk of wanting to upgrade the youth set up but on the other it’s brought up about needing an indoor pitch, who is going to pay for this etc. I’m sorry Craig but the family are the owners so that is for you to work out. Ingol had one in the plans 🙄 this was always the problem with Euxton. I don’t think springfields can get planning permission either. Why have we never done something with Uclan sports arena? There’s even an indoor set up at tulketh, that was built when I was still at school and I left in 2003. I see Peterborough have recently built an indoor facility and Fleetwood (who managed to take our head of youth recruitment) are about to build one. Meanwhile we’re getting hammered 4-1 off Rochdales youth team.
I think we’ve been banking on the sale of Riis to help finances and in the end we loose out on that income and then have to sign another forward on our minimal budget. I wouldn’t be surprised with that being the end of business. I felt sorry for Cannon as soon as I saw the line up on Saturday.
I don’t really get the whole upheaval of the Ben Whiteman rumour, if we can’t agree a deal on a contract extension then now is the time to sell and erm reinvest 🙈
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dawsonsjs
Preston North End
Posts: 11,059 Likes: 3,863
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Post by dawsonsjs on Jan 18, 2023 11:39:48 GMT
Good post braddy. There was £3m set aside for an indoor pitch when DS was the Chair. This was to upgrade the Academy. It was then spent on useless signings supposed to get us promotion.
I'm afraid the club never learns...in the subsequent 17 years nothing has been done about this.
And this is just another reason as to why the current regime needs to step aside and let somebody else have a go (assuming they exist).
If the Hemmings are cutting all input after next season...and the way the budget is being slashed it is heading that way.....what is the point in them continuing to be the owners and in Ridsdale being there?
None whatsoever...they have maintained the status quo, nothing more, but now because of the failure to develop the club on and off the pitch there's only one way it is going without more dynamic leadership.
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Post by pnebraddy87 on Jan 19, 2023 9:27:14 GMT
Another year, another 15.5m loss. Poor commercial and player sale income. Two areas we need to sort out as the millions keep rising that the Hemmings have to put in.
This is up to June 22 I think so the contracts off the wage bill this summer probably won’t be showing.
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dawsonsjs
Preston North End
Posts: 11,059 Likes: 3,863
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Post by dawsonsjs on Jan 19, 2023 9:44:36 GMT
I've just had a quick read braddy...will spend more time on it when I can.
In short in the last financail year it has cost £27m to run the club...as a director Ridsdale is now on the payroll. Wage bill 193% over income. Seven additonal players on the previous accounts.
Debt to Grovemoor now £77m. Just £300,000 profit on sale of players.
It's an utter disaster and in any other walk of life shareholders would have booted out the person responsible for this mess long ago.
Club is unsaleable...you'd have problems giving it away.
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Post by pnebraddy87 on Jan 19, 2023 9:55:10 GMT
I've just had a quick read braddy...will spend more time on it when I can. In short in the last financail year it has cost £27m to run the club...as a director Ridsdale is now on the payroll. Wage bill 193% over income. Seven additonal players on the previous accounts. Debt to Grovemoor now £77m. Just £300,000 profit on sale of players. It's an utter disaster and in any other walk of life shareholders would have booted out the person responsible for this mess long ago. Club is unsaleable...you'd have problems giving it away. Frightening way to run a business. If the man with the terrible character was pulling up trees in business areas then you could understand said person staying in his job but put the 2 together, how has he lasted 13 years in the role and now on the payroll of the club.
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Post by Mooney on Jan 19, 2023 10:12:45 GMT
Commerical revenue flatlined at around £1 million per annum. Compared with Rovers (similar income from tickets), whose commercial revenue is close to £6 million, this is an area we need to be targeting. CH has stated that this isn't a priority, but that seems short sighted to me.
What is apparent to me is this...
1) The owners are putting in pretty much as much as they are allowed to (£39 million over 3 years for FFP is my understanding. £15 million loss in one year is over that threshold), so we aren't in a position to shout and squeal at this aspect. However... 2) What we are doing with the money needs seriously looking at. For me, it's the approach to signing players that needs looking at. We need to start looking again for the Hugill, Robinson, DJ, Browne, Cunningham Mk1, Pearson type signings. Players who may need work, who may need coaching, but can be sold on at a profit. The problem with this approach is for every Robinson, there's a Bayliss. Under AN, we moved to an 'oven ready' model, where players such as Potts were brought in, who already had the experience to compete at this level, but have little chance of resale value. Granted, we have brought in Whiteman and McCann, who potentially could increase in value exponentially, but for the money we have spent on salaries, wages etc, I would prefer us to hit reset.
Key thing is, we can't have it both ways. If we want to invest in the future, we need to have patience - and that could include another spell in League 1, and come back stronger. We'd need to get some real joined up thinking going on across the club and start to plan for 5 years or longer, hold our nerve when the going gets tough and move forward together. My personal view is that we cannot do this with Ridsdale in charge so to speak. I'd like to install Ben Rhodes as interim CEO/General Manager, and bring in a Director of Football to oversee all football matters on a strategic level.
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Post by makemineapint on Jan 19, 2023 10:20:10 GMT
This all kerfuffle that is going on at the moment revolves around Peter Ridsdale. Whether he is 100% to blame is a debatable point. If the Hemmings family are to stay in ownership going forward they will have to throw him to the wolves. This will only help if they are prepared to find a younger more dynamic person who has his finger on the pulse of the requirements of modern day football,change their attitude to running the club, and then back him. Everything is in the hands of the Hemmings and their cohorts. I can't get it out of my mind, looking around at all the clubs that have entered into administration over the last few years, if it would have been a better route for PNE rather than Trev's 5p offer. 
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