I get the money being raised. And the history of avoiding liquidation. But what is it now? On an ongoing basis.
Does it just hand over money blindly with no accountability for Budge and Board to then decide what to do with it? Is it to support operational costs like salaries, heat, rates? Were they asked prior to Budge committing funds like the stand overspend? Does she ask permission as such?
I admit I might be wrong as i don't know. But they seem toothless. Shouldn't they be holding a flame to her feet? Either withholding money or just paying her off. Does she report to them in terms of wise use of our money?
I think a serious reason for holding onto Levein now is the cost to fire. But what if FoH felt this was worth paying but Budge didn't? She is majority s/holder. But it's our money she's spending. Do we get to voice opinions and ideas for spend?
If rumours are true. Between our two forwards we're spending around £15k a week. With no resale value. Eye watering. But I'd support if it was for securing guys like Cadden. Not short term panic loans and high profile career journeyman to save the manager's job.
I'll apologise if wrong. But just feel the golden goose of FoH needs to be harder with Budge and hold her to account. Even just to make those investing feel they want to continue to do so.
For the first time I can recall we have almost zero assets on the park we can sell if we urgently need cash. Souttar? Cochrane? STs will be down next year and I remain confused about the forecast revenue of corporate in a half complete stand that doesn't have boxes even when finished. I'd like FoH to present us with the detail of the SECOND 5 year plan. I'm thinking by now it'll be relying on
European football
Strong cup runs
Good tv coverage and sponsorship
Selling each year a £1m-£2m player at profit
Continuing ST sales at current levels
No downturn in FoH contributions
New corporate revenue streams
Increased walk up fans in increased capacity stadium
I see none of this being viable. And we are loss making. Still. Only fudged by a mystery contribution.
My views on Budge are negative in the extreme. I'd love to do her review. We can bitch and moan about individual players and performances and even Neilson, Cathro and Levein. But it's all about the head of the snake.
So back to the question. Does anyone know the role of FoH in this and managing her, opinion on spend and how we evaluate her performance with our money and ultimately our club's wellbeing?