Author Topic: 2018 Financial Accounts  (Read 5609 times)

Online nat

  • Hero Member
  • *****
  • Posts: 7299
2018 Financial Accounts
« on: April 05, 2019, 08:09:35 PM »
...Make for poor reading. Essex always used to be a club that made a profit each year, even a small one.

I note that there are 'several more mouths to feed' on the payroll. 7 staff (3 in 2017) assigned to membership matters! 2 more on the playing staff. £500k senior management salaries/costs sounds high to me.

Hope someone interrogates the chairman/CEO at the AGM. Alarm bells should be ringing.

Perhaps this is why the club switched to support the '100'.

Offline Andy

  • Hero Member
  • *****
  • Posts: 7857
Re: 2018 Financial Accounts
« Reply #1 on: April 06, 2019, 02:16:15 PM »
...Make for poor reading. Essex always used to be a club that made a profit each year, even a small one.

I note that there are 'several more mouths to feed' on the payroll. 7 staff (3 in 2017) assigned to membership matters! 2 more on the playing staff. £500k senior management salaries/costs sounds high to me.

Hope someone interrogates the chairman/CEO at the AGM. Alarm bells should be ringing.

Perhaps this is why the club switched to support the '100'.

Well, is this before or after the ECB handout? Not totally surprising given the increase in the playing staff with the likes of Wheater and Chopra coming back.

Online Valentines Park

  • Hero Member
  • *****
  • Posts: 3821
  • In Ron We Trust
Re: 2018 Financial Accounts
« Reply #2 on: April 06, 2019, 03:02:47 PM »
If we got in to debt bringing those 2 back heads should roll.

Offline vim

  • Hero Member
  • *****
  • Posts: 1593
Re: 2018 Financial Accounts
« Reply #3 on: April 06, 2019, 03:16:54 PM »
With the staff numbers. If someone left in 2018 and was replaced, would that be counted as two?

Something that did not appear was the total number of members in each category over 2017 and 2018. In previous years the numbers were dropping by 10% each year.

Offline smandlej

  • Sr. Member
  • ****
  • Posts: 481
Re: 2018 Financial Accounts
« Reply #4 on: April 06, 2019, 05:30:52 PM »
Why do you need more membership staff if member numbers are falling?  Does not compute.

Lynda

Offline Andy

  • Hero Member
  • *****
  • Posts: 7857
Re: 2018 Financial Accounts
« Reply #5 on: April 06, 2019, 05:40:43 PM »
Big Ronnie’s business acumen ought to mean that we would make a lot more since the bad old days?

Offline essexfan548

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 2511
Re: 2018 Financial Accounts
« Reply #6 on: April 06, 2019, 08:50:14 PM »
Why do you need more membership staff if member numbers are falling?  Does not compute.

Lynda

Agreed - especially as the member-only area of the website has not happened. What do these people actually do?

Offline mawallace

  • Global Moderator
  • Hero Member
  • *****
  • Posts: 973
Re: 2018 Financial Accounts
« Reply #7 on: April 08, 2019, 09:34:35 PM »
With the staff numbers. If someone left in 2018 and was replaced, would that be counted as two?

Something that did not appear was the total number of members in each category over 2017 and 2018. In previous years the numbers were dropping by 10% each year.

I think the increase might be that the numbers atr number of staff. So if a full time person was replaced with 2 part time that would show an additional person

Offline IlfordEagle

  • Hero Member
  • *****
  • Posts: 2248
Re: 2018 Financial Accounts
« Reply #8 on: April 09, 2019, 10:57:43 AM »
At least your attachments were clear & legible, unless it is a glitch on my laptop my attachments were either too small to read or blurred or both!!