JCDBigBear 10,810 Posted July 14, 2019 Share Posted July 14, 2019 I didn't see what kind of set-up they had at the pub to sell club merchandise but this whole scenario is totally embarrassing. It is time that our board sat down with SDI and got this mess resolved. It's also time for the board to explain to us exactly why the good deal they signed is no longer a good deal and why we are constantly being taken to court just to be hit by repetitive 6 figure costs. At this time, every penny spent by our fans is not going to the club, it's going to pay Ashley's legal team. Courtyard Bear, Bobby Hume and Bears r us 3 Quote Link to post Share on other sites More sharing options...
Walto 0 Posted July 15, 2019 Share Posted July 15, 2019 6 hours ago, Three stripes said: Take it your a fan of Ashley chief?? or do you wish King and the 3 bears never got control back ? What control? Ashley still has us by the balls? Quote Link to post Share on other sites More sharing options...
Real Ranger 3,193 Posted July 15, 2019 Share Posted July 15, 2019 12 minutes ago, Walto said: What control? Ashley still has us by the balls? On retail, which is bad enough but thank fuck he’s no longer in control of the boardroom. Quote Link to post Share on other sites More sharing options...
RFC55 108,733 Posted July 15, 2019 Share Posted July 15, 2019 8 hours ago, Real Ranger said: On retail, which is bad enough but thank fuck he’s no longer in control of the boardroom. He's a pape mate should see his other post. Steelydan1690 and Real Ranger 2 Quote Link to post Share on other sites More sharing options...
Virtuoso 27,180 Posted July 15, 2019 Share Posted July 15, 2019 3 minutes ago, Rfc52 said: He's a pape mate should see his other post. Two posts since 2012 🙄 Quote Link to post Share on other sites More sharing options...
backup 4,724 Posted July 15, 2019 Share Posted July 15, 2019 9 hours ago, JCDBigBear said: At this time, every penny spent by our fans is not going to the club, it's going to pay Ashley's legal team. And exemplary damages. Quote Link to post Share on other sites More sharing options...
RFC55 108,733 Posted July 15, 2019 Share Posted July 15, 2019 21 minutes ago, Virtuoso said: Two posts since 2012 🙄 Aye. His first one was a bumper Quote Link to post Share on other sites More sharing options...
Ozblue 4,331 Posted July 15, 2019 Share Posted July 15, 2019 18 hours ago, Rfc52 said: Deluded I've got to admit he has a point. I'm not sure exactly what his point is, but it's definitely a point RFC55 1 Quote Link to post Share on other sites More sharing options...
Three stripes 411 Posted July 15, 2019 Share Posted July 15, 2019 12 hours ago, JCDBigBear said: I didn't see what kind of set-up they had at the pub to sell club merchandise but this whole scenario is totally embarrassing. It is time that our board sat down with SDI and got this mess resolved. It's also time for the board to explain to us exactly why the good deal they signed is no longer a good deal and why we are constantly being taken to court just to be hit by repetitive 6 figure costs. At this time, every penny spent by our fans is not going to the club, it's going to pay Ashley's legal team. Every penny??? Quote Link to post Share on other sites More sharing options...
Ozblue 4,331 Posted July 15, 2019 Share Posted July 15, 2019 14 minutes ago, Three stripes said: Every penny??? This might slow him down Shares in Mike Ashley's Sport Direct have fallen sharply after it delayed its results, citing uncertainty about trading its House of Fraser chain. The company, whose results were due on Thursday, added the delay was also due to its auditor, Grant Thornton, facing increased scrutiny of its work for Sports Direct. Sports Direct also indicated that it may not achieve its profits forecast. Three stripes 1 Quote Link to post Share on other sites More sharing options...
backup 4,724 Posted July 15, 2019 Share Posted July 15, 2019 52 minutes ago, Three stripes said: Every penny??? Correct. Quote Link to post Share on other sites More sharing options...
Courtyard Bear 41,357 Posted July 15, 2019 Share Posted July 15, 2019 1 hour ago, Three stripes said: Every penny??? Probably Whatever Elite may have paid us will get swallowed up. Quote Link to post Share on other sites More sharing options...
Three stripes 411 Posted July 15, 2019 Share Posted July 15, 2019 2 hours ago, backup said: Correct. So your saying If we’ve sold say 200 k strips at £60 a pop not one penny is going to the club?? Thats 12 million going to SD? Quote Link to post Share on other sites More sharing options...
Courtyard Bear 41,357 Posted July 15, 2019 Share Posted July 15, 2019 1 hour ago, Three stripes said: So your saying If we’ve sold say 200 k strips at £60 a pop not one penny is going to the club?? Thats 12 million going to SD? 12 mill wouldn’t be coming to us either. Quote Link to post Share on other sites More sharing options...
backup 4,724 Posted July 15, 2019 Share Posted July 15, 2019 1 hour ago, Three stripes said: So your saying If we’ve sold say 200 k strips at £60 a pop not one penny is going to the club?? Thats 12 million going to SD? You are saying 200k strips no one else, you do not seem to understand a high court Judge has decreed we do not have any contracts with Elite nor them with us, hone up on it 👍 Quote Link to post Share on other sites More sharing options...
JCDBigBear 10,810 Posted July 15, 2019 Share Posted July 15, 2019 1 hour ago, Three stripes said: So your saying If we’ve sold say 200 k strips at £60 a pop not one penny is going to the club?? Thats 12 million going to SD? We don't get the £60 from each strip, we don't even get half of that. We certainly haven't sold 200k strips either. The legal costs to date are over £1 million and rising. The whole merchandise deal is a complete shambles. dougie76, Virtuoso, Bobby Hume and 1 other 4 Quote Link to post Share on other sites More sharing options...
backup 4,724 Posted July 15, 2019 Share Posted July 15, 2019 28 minutes ago, JCDBigBear said: We don't get the £60 from each strip, we don't even get half of that. We certainly haven't sold 200k strips either. The legal costs to date are over £1 million and rising. The whole merchandise deal is a complete shambles. we won't have been getting anywhere near the 7% we were getting from RR for absolutely no financial input. What we have is chaps imagining point of sale is a magic beans figure, with no costs to be serviced from point of sail price. Bobby Hume 1 Quote Link to post Share on other sites More sharing options...
JCDBigBear 10,810 Posted July 15, 2019 Share Posted July 15, 2019 5 hours ago, backup said: we won't have been getting anywhere near the 7% we were getting from RR for absolutely no financial input. What we have is chaps imagining point of sale is a magic beans figure, with no costs to be serviced from point of sail price. I understood the new deal was considerably more than 7% but it is pointless in even discussing what it should be when the lawyers are getting the lot and more besides. My view of the current situation is: Quote Link to post Share on other sites More sharing options...
backup 4,724 Posted July 16, 2019 Share Posted July 16, 2019 To be getting more than the 7% we were getting from RR would have to have been the greatest deal in retail history, as obviously RR profit was 14% of which we received half, 7% Normal margins are between 4% to 9%, so RR obviously did exceptionally well....even Chanel couldn't attain much above what RR did. Quote Link to post Share on other sites More sharing options...
BearInTheToon 1,577 Posted July 16, 2019 Share Posted July 16, 2019 RE kit sales/how profits are divvied up, I remember reading an article about how it was thought that shirt sales would cover the cost of Ronaldo's move to Juventus last summer. It's a quick read but pretty interesting stuff and just shows how much our deal pales into utter insignificance compared to clubs in the big leagues. Our deal with Hummel is worth around £3.3m per year over 3 years and if you take similar percentages (10-15%) as mentioned in the article, it gives an idea of how much we'd make from each adult top alone, for example (£6-£9 per jersey based on a £60 adult top). Can't imagine, due to the absolute monumental fuck up of our current retail agreement and the manufacturing farce behind it, that we've even flogged 100,000 tops (which is mental when you think how many we used to shift). It's worth a read... https://www.independent.co.uk/sport/football/transfers/premier-league-transfer-news-epl-cristiano-ronaldo-shirt-sales-fee-net-worth-contract-how-long-a8456191.html Quote Link to post Share on other sites More sharing options...
ger4life_1872 29,448 Posted July 16, 2019 Share Posted July 16, 2019 Quote Link to post Share on other sites More sharing options...
JCDBigBear 10,810 Posted July 17, 2019 Share Posted July 17, 2019 On 16/07/2019 at 13:24, BearInTheToon said: RE kit sales/how profits are divvied up, I remember reading an article about how it was thought that shirt sales would cover the cost of Ronaldo's move to Juventus last summer. It's a quick read but pretty interesting stuff and just shows how much our deal pales into utter insignificance compared to clubs in the big leagues. Our deal with Hummel is worth around £3.3m per year over 3 years and if you take similar percentages (10-15%) as mentioned in the article, it gives an idea of how much we'd make from each adult top alone, for example (£6-£9 per jersey based on a £60 adult top). Can't imagine, due to the absolute monumental fuck up of our current retail agreement the manufacturing farce behind it, that we've even flogged 100,000 tops (which is mental when you think how many we used to shift). It's worth a read... https://www.independent.co.uk/sport/football/transfers/premier-league-transfer-news-epl-cristiano-ronaldo-shirt-sales-fee-net-worth-contract-how-long-a8456191.html We should organise our own merchandise. You can get shirts made for buttons. Quote Link to post Share on other sites More sharing options...
scottyscott1963 18,224 Posted July 18, 2019 Share Posted July 18, 2019 OOOPS!!!! Sorry..wrong door.. BYE. Quote Link to post Share on other sites More sharing options...
eskbankloyal 19,446 Posted July 18, 2019 Share Posted July 18, 2019 RR also included the kit deal i.e. Puma at the time so the margin comparison isn’t like for like. Courtyard Bear 1 Quote Link to post Share on other sites More sharing options...
McEwan's Lager 30,514 Posted July 18, 2019 Share Posted July 18, 2019 5 hours ago, JCDBigBear said: We should organise our own merchandise. You can get shirts made for buttons. You’ve said this on here before. We are a football club not a sportswear retailer. It is a waste of our own time and resources trying to organise something like this when other expert companies can do it and we make money simply by licensing. It is all about opportunity cost. Fred H Crawford and Courtyard Bear 2 Quote Link to post Share on other sites More sharing options...
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