The K's In Point
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by tim1/7/2023 18:46Sat Jul 1 18:46:02 2023
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Dorking Wanderers
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Being reported that they've raised £325k from a share issue, with 725 people investing in the club. Incredible figures.
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Re: Dorking Wanderers
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They were aiming to raise £2 mio so at the moment far short. The share offer is through seeders who, I believe, are a crowd funding company.. If I looked at the relevant page on seeders with figures quoted there and looked at the last accounts I would have quite a few questions if I was an investor. As the discussion isn’t about Dorking and I may have misunderstood the figures I will leave at that. Will say fair play about achieving the number of people they have attracted.
As in the thread ground ownership mentioned the Dorking Wanders ground (meadowbank complex) is owned by Mole Valley council and leased to Surrey FA. The Surrey FA sublet to Dorking Wanderers. Late last year the football club offered to purchase the ground from Mole Valley Council but I don’t know the latest. It appears they see advantages owning the ground but expect when comparing to Walton every case is different.
For Kingstonian I would look at Casuals again but instead of sharing clubhouse stand etc each club will have a long side of the ground with own stand ,bar changing rooms etc. Share the pitch and behind the goals with an agreement that a prospective high attendance game is scheduled the whole ground is available to spectators. I am sure my suggestion is not as easy as it sounds but wouks help maintain each clubs independance
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Re: Dorking Wanderers
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For Kingstonian I would look at Casuals again but instead of sharing clubhouse stand etc each club will have a long side of the ground with own stand ,bar changing rooms etc.
If the two boards can't or won't renew the temporary ground sharing agreement that was so obviously in both our mutual interests, something more permanent is clearly not on the table.
The only two viable options are the athletics track and, if they want us, the uni. The sooner the board and SC realise this and stop wasting time on pipe dreams, the better.
Edited by SDG (Ks) at 12:34:07 on 2nd September 2023
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Re: Dorking Wanderers
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Look at the revival of Walton & Hersham. Six crowds above 1,000 last season, record after three promotions this season played five won four drawn one scored 21 conceded 10. Last week’s crowd was 761. Highlights package for every game on YouTube and other social media especially TikTok. Games screened live overseas. All achieved with an initial 17 pence in the bank account.
Notably they do not own their ground and their directors say they could not have achieved this success if they had.
Another point is they have backed the same manager Scott Harris for three plus years. At one point they used 100 players a season, now they have a strong squad and several players have played 100 games.
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Re: Dorking Wanderers
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the idea that you HAVE TO own a ground is such a misnoma
My business has put on forty events in Kingston this week. we don’t own a venue. and aren’t seeking to
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Re: Dorking Wanderers
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Thats amazing. Well done to you.
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Re: Dorking Wanderers
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This month*
Woops
Point stands
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Re: Dorking Wanderers
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What football is being played at Kingsmeadow, these days?
What do Chelsea plan to do with it, now that their Women's team play at Stamford Bridge?
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Re: Dorking Wanderers
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For now, their women's team only play the bigger matches at Stamford Bridge. That may change in the future which would perhaps make it more easily available to rent, though it would clearly never be available to buy at a price we could afford.
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Re: Dorking Wanderers
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I'd imagine they have plenty of teams available to play there from U23 level down. Would have mixed feelings in the unlikely event that we were to play there again.
Its too blue!
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Re: Dorking Wanderers
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Kingstonian has so much potential but it is draining away. We have been progressively overtaken by Woking, Dorking Wanderers and now Walton & Hersham in Surrey, we are now looking over our shoulders at Chertsey!
Personally I don’t think it is remotely realistic to think Kingstonian can own its own ground - but a council owned facility works really well or a ground share could. There is not enough money to buy anywhere even if there was anywhere to buy which evidently there is not.
Kingstonian can only return to Kingston with the support of the council. At least there is some sign they are more interested after having apparently led the club down the garden path on the Lovelace site which they now say was never an option.
I don’t think the board is as evil as some here. If you want evil, look at the destruction of Staines Town. I will never understand why we left Kingsmeadow before we had to. Six years of nomadic wandering are steadily eroding the club and surely we will be a step four club in a year or two at the most?
If you look at existential crises look at Walton Casuals. Ostensibly successful they closed before they made big losses. They could not afford to be at step three, drew fairly small support, made some big calls with their management team which hurt their base and showed little imagination in running the club.
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Re: Dorking Wanderers
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Article deleted.
Edited by gekins at 13:42:35 on 3rd September 2023
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Re: Dorking Wanderers
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I do read the posts but given your toxic tone I won’t be reading any of yours anymore.
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Re: Dorking Wanderers
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That’s right. The young owners at W&H say it could only have worked with the council owning and running the ground. They could never have run it because of the massive maintenance demands and costs. Okay the council takes the bar takings but compared to the ground costs it is a saving.
The young directors have now opened their own canteen, profits to the club, a a new club shop and arranged sponsorship deals with 40 local businesses. They made a decision to allocate funds to having the games recorded by a professional camera business and that has paid off for them in spades because of their brilliant use of social media.
The other thing was they wasted no time and took over Walton Casuals juniors when Gale’s son returned as manager. The junior team did not want the association so the young directors grabbed the opportunity and created Walton & Hersham United which is now one of the biggest club for junior footballers in the country with 1,000 youngsters on their books. This has given them more profile and a ready made young fanbase
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Re: Dorking Wanderers
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Indeed.
Serves as a great reminder that a recent consortium of just 13 K's fans offered a cash commitment of £150k, in addition to drawing a red line on reducing any further what was originally meant to be a stadium fund.
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Re: Dorking Wanderers
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150k ? Offered
Edited by FOLEY at 07:10:56 on 2nd September 2023
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Re: Dorking Wanderers
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Yes, £30k a year for 5 years was the commitment stated.
We’ve been over this before but there’s an odd inference from some people that this was an empty offer. I can assure everyone that it absolutely wasn’t. That’s the advantage of 13 people helping to run a club rather than 2.
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Re: Dorking Wanderers
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2 I think it's 5 in the event of a pay out it's 5
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Re: Dorking Wanderers
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Got to say though that if you set up a phoenix club in Step 6 and got a good sponsor to cover costs like ground share/affiliations (likely £5k per year if sharing with a step 5 or 6 club) etc, you could easily get to step 4 if you had a budget of £30k a year.
If the club I'm at had that budget we could absolutely piss the league.
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Re: Dorking Wanderers
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30 K budget for 40 playing weeks is only 750 a week. You wouldn't get much of a team for that.
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Re: Dorking Wanderers
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But plus gate receipt money....
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Re: Dorking Wanderers
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It's good for step 6, and better than a lot of step 5 sides in the ccl.
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Re: Dorking Wanderers
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agree. and just how quickly the supporters club was to dismiss positives of this amount of money is absolutely why the current group is not representing supporters correctly.
the club is in an existential position. it’s irresponsible for those at the helm to be so dismissive of getting a six-figure sum of investment in.
Edited by jon tolley at 08:03:42 on 2nd September 2023
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Re: Dorking Wanderers
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Okay
Where was that just coming from. Out of interest
It's only a question by the way
Would 30k cover these things ie players , ground general up keep.
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Re: Dorking Wanderers
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No worries - not directed at you (but at our passive aggressive friends on Facebook).
Plenty of ways of looking at £30k per year.
But the KBH approach would have been to use that money as a guarantee that it would cover rent and ground costs (maybe with some left over). That would mean that we would stop draining the AFC Wimbledon “ground fund”, meaning it would actually become a ground fund.
In turn, we would then explore other ways to add to the operating budget of the club. I’d suggest that having several local business owners among us would be a great start, but we have since had other commitments from other business owners and ex-fans. That money would all go into the day to day operating budget of the club. And that’s before we even get onto the fact that we would just run the club better and drum up higher gates, more commercial income etc.
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Re: Dorking Wanderers
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All at the same time we are being told the budget has been cut.
That’s right they were offering money and expertise. Further a gateway to fan ownership where all fans could chip in and make a success of our football club.
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