According to the poll on this forum, nearly 80% of you think Lowe should be sacked - which massively surprised me.
That's because you haven't been watching us play. We have. He's the second longest serving manager in the league so we've seen enough of him for us to feel like we've got a full grasp of his capabilities. He isn't capable of getting us promoted. You could make the argument that he could with more money but as you point out, we're not the club for significant investment. As such you're expecting us to be happy having a manager not capable of taking us anywhere further than midtable despite our owners investing more than we've seen in recent years.
Plus, most issues fans have with him is that he hasn't been delivering on his promises, demonstrates significant tactical naivety, and his personality pisses off a significant number of people every few press conferences. Many people consider him dislikeable and he hasn't demonstrated enough of anything to make the argument that he should be kept. Oh wow he's got us midtable, we're so happy. Grayson could never do that, oh wait he did. Alex Neil could never do that, oh wait he did. Frankie McAvoy could never do that, oh wait he did.
Looking at it from the outside, it seems he is exceeding or at the very least meeting what should be expected.
Well from the inside, we've been told that our aim is to fight for promotion and 2 years down the line, we're no closer. 8 years if you want to include Ridsdale in the mix.
You’ve got the 18th largest average attendance in the division. You are only averaging a few hundred more than QPR, Plymouth, Millwall and Swansea
Also more than Luton and Bournemouth. Not much less than Watford despite them being a Premier League yoyo side in recent years.
All of whom have considerably less away fans through the door than you. Therefore, in terms of home supporter base, you are currently 22nd in the division, only ahead of Blackburn and Rotherham.
Every single one of the six teams with smaller averages is below you in the league table.
If the league was just based on attendances, you'd be a top half team, West Brom wouldn't be in the playoffs, Watford wouldn't be a Premier League yoyo team, Sunderland would be top of the table.
You don’t have a rich benefactor
They're billionaires
This is backed up by your latest accounts (for 2022) which show your wage bill to be under £22m, comparatively small in the division. However, when you take into account of player amortisation, you are running at an operating loss of circa £20m. Obviously, for FFP purposes, some of these losses wouldn’t count towards the permitted losses of £39m over three seasons. However, maybe I was wrong when earlier I said you didn’t have a rich benefactor as it appears your owners must be basically losing very close to the permitted FFP amount every year.
The reason you can’t spend more is your modest turnover of £13.8m. For comparable purposes, Sheffield Wednesday had turnover of £16.3m in League One, therefore in The Championship their turnover is likely to be £10m higher than yours with the extra solidarity and TV payments.
A big problem at our club is our lack of effort in improving our revenue. Ridsdale likes to outsource all of our potential revenue streams. Plus we've been wasting contracts on players who won't earn us any money.
Therefore, I’m struggling to see who is above you that you realistically think you should be above?
If the league was just based on financial power, Luton wouldn't have got into the Premier League, Coventry wouldn't have reached the playoffs last season, Huddersfield too a couple years ago, etc etc
There's more to football than just financial power and number of bums on seats. Our team isn't significantly worse than the teams around us, the problem is we aren't coached well. It's got nothing to do with thinking we're better than the teams around us, it's about the sheer number of poor performances we've watched, the complete tactical ineptitude on display every week, the wasting of the talent we do have.
I then look at the teams below you. Coventry City had a turnover of £18m in 2022 and spent a fortune this Summer.
Fantastic example. They've been among the smaller budgeted sides each season. This year they've actually managed to spend money because they've sold Gyokeres and Hamer. We were linked with Gyokeres a while back before he'd joined Coventry. Imagine if we'd bought him and then sold him on for profit. That could've been us. We've had a problem with the way we're run for years because we've missed out on potentially valuable players like Gyokeres and instead been extending contracts of players like Ledson and Woodburn who we won't sell on for money.
Now you could say that's not Lowe's fault but this year we've actually been investing in players like that (e.g. Osmaijic and Frokjaer). Even then, we're still not performing and Lowe doesn't seem to have a clue how to improve those players. So it doesn't look like we could do a Coventry with Lowe in charge. Plus Ledson and Woodburn both had their contracts extended under Lowe's reign.
Wednesday have far bigger budgets.
Do you? Pretty sure you've spent less than us this season.
Certainly in terms of budgets, Lowe has you punching well above your weight.
We've been in the Championship for 8 seasons now. We're well established as a midtable side. We've stayed exactly where we already were.
Then I’ve seen various comments that other clubs without big budgets have managed to get promotion to the PL. But unless I’m missing one, I don’t think a club with as smaller budget as yours has managed it for very many years!
Literally last year
Luton are perhaps the closest but I showed above that their revenue was still 30% higher than yours in 2022.
Revenue doesn't equal budget
Brentford’s model allowed them to make huge profits on player sales (something no other club has managed to successfully replicate) but even then their turnover from day to day activities was £15.2m back in 18/19.
Exactly, they're well run. We've not been well run but as I pointed out earlier, Lowe isn't the man for us to do the buy cheaper and sell big. He hasn't been improving our most valuable assets.
At the moment you just look like Charlton fans did whinging about coming mid table in the PL every year.
With the greatest respect, it doesn't really matter how we look to you. You're never going to understand our situation because you're an outsider and you've come on here to tell us that there's no point competing (even though that's bollocks). It's almost like you think we don't read our own clubs accounts and don't have issues with our ownership. The poll against Lowe isn't even as one-sided as the one against Ridsdale. More people have a problem with Ridsdale and the way our club operates under him. The thing is we have to watch Lowe's football too. We've seen better football with smaller budgets and more likeable managers at the helm. But no we should just accept our lot because we're just little Preston.