There's some nonsense posted on the site re Hemmings.
1. Firslty, it's his club. He puts more into the club per year than the entirety of the support put together.
2. Under FFP the maximum an owner can put in is £8m a year although another £5m may be put in to offset loss. Hemmings has been putting in up to £6m a year , during Covid this is likely to have risen to £10m
3. Even if Hemmings put in the absolute max allowed by FFP....£24m and up to £39m over a 3 years period...there is no way this can 'take the club forward'.
4. The club turnover is around £20m a year (with only around £4m gate/ST money) . Take for example a club coming down...bottom of the Prem. Shef U. They finish their Prem season with over £90m for simply finishing the season. They start the next season with £33m of their over £90m parachute payment money. On top of which , of course, they are likely to average a near 30,000 gate if allowed. At any one time there are up to 9 Championship clubs receiving parachute payments alone exceeding PNE turnover.
5. Even if TH put in the absolue max allowed the club would stil not have even half the turnover of clubs at the top end of the Championship.
6. Reality, is that in terms of size, PNE is a top end L1 size club, possibly bottom end Champioship. Without the annual TH input it would be just top end L1.
Pearson has zero responsibility for ensuring the club pays its way...the current way ensures the club will be here when Pearson is long forgotten. What do fans want? Another Wednesday, Derby or even Bury?
There is zero chance of a club PNE's size now getting to the Prem..it has created a self-perpetuation with its failure money. The only way Brentford has done it is by being ahead of the game with regards to their analytical approach to recruitmernt (their promotion push started 8/9 years ago..they couldn't do it now bec others have now caught up) and by having an owner who also owns a Danish club. .
The name of the game for PNE is staying in the Championship and not running up external debt that can not be met ..and, if you can, fans enjoying it. because without TH it would be back to L1.
Even so it should still be a matter of concern that internal debt has escalated..club must now owe TH close on £70m. Such internal debt sunk Bolton and Wigan.
Reality is that the club can't even afford the current wage bill...it is far too high. (And unless the internal debt is eventually written off the club doesn't have a future).