|
|
Post by impact on Aug 8, 2019 19:40:59 GMT 1
On the plus side we should be minted now. Feel free to correct anything I've fucked up.
Our wage bill will have been 60ish million last year. Let's call it 70 as an overestimate.
With the 12 (I think) players who have left, that will be down to around 50m.
After the 40% wage cuts that's 30m.
The incomings will be low earners. Say 5m total.
After Zanka goes that will be 22m received in transfers + any Mooy fee received. Take off the 800k we've spent. I'll add in 10m for Mbenza.
That means we are 24m short before any income at all. If the same as 16/17, then add 16m in turnover. Then we have 42m in parachute payments.
So it looks like we're about 34m up for the year.
Sadly not enough wiggle room to get a left back in though...
|
|
wigster
Andy Booth Terrier
[M0:0]
Posts: 3,344
|
Post by wigster on Aug 8, 2019 19:53:30 GMT 1
I suspect you're going to get a patronising post soon explaining that you know nothing about running a football club.
To my ignorant eye it does seem that we're building up a very healthy, for Town, war chest. After the legendary third window we'll have even more - Schindler/Kongolo etc won't be here.
Will be interesting to hear why we won't spend it.
Apologies - I sound as cynical as any poster but I just can't understand how 2 years in the promised land of the Premier League has led to this. It was meant to strengthen us, not weaken us.
|
|
|
|
Post by joeyjoneslocker on Aug 8, 2019 19:55:06 GMT 1
We will be the Man City of League 2 😀
|
|
|
|
Post by pharaohx on Aug 8, 2019 19:56:01 GMT 1
Saving the dough to spend on a new manager?
|
|
|
|
Post by drayltonboy (independent) on Aug 8, 2019 19:56:58 GMT 1
None of our business
|
|
|
|
Post by huddersfc on Aug 8, 2019 19:58:24 GMT 1
out of interest does anyone know if there are championship clubs who have spent less than us this window?
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Aug 8, 2019 20:08:28 GMT 1
On the plus side we should be minted now. Feel free to correct anything I've fucked up. Our wage bigg will have been 60ish million last year. Let's call it 70 as an overestimate. With the 12 (I think) players who have left, that will be down to around 50m. After the 40% wage cuts that's 30m. The incomings will be low earners. Say 5m total. After Zanka goes that will be 22m received in transfers + any Mooy fee received. Take off the 800k we've spent. I'll add in 10m for Mbenza. That means we are 24m short before any income at all. If the same as 16/17, then add 16m in turnover. Then we have 42m in parachute payments. So it looks like we're about 34m up for the year. Sadly not enough wiggle room to get a left back in though... The 12 that left will have has sizeable bonuses paying up their outstanding contract terms before any fees start to actually mount up. Could easily account for a third or more of your surplus, And remember it’s an ongoing thing, we pay fees over duration of initial contract too, so we’ll have had to pay another million or three of Mounié’s fee, same with Kongolo, Pritchard, a lump on Diakhaby etc... Likewise what you’ve recorded as £22m of transfer income won’t be anything like that “today”. Probably closer to £5 to £7m banked if they’re sold on 3 and 4 year deals. So maybe drop £14m from assumed incoming fees and add £10m on paying for historic deals, and your £34m becomes something like £10m...except I’ve written off £10m on bonuses to those leaving, and suddenly the club hasn’t got any kind of slush fund at all and is reduced to working the numbers on an ongoing basis over the next couple of years, gradually reducing the squad value to something below our projected future income whilst trying to retain as many quality players as possible. Don’t envy the hierarchy in the club one bit, especially with the backdrop of entitled fans demanding we “spend the Billing money” or “replace Mooy” etc etc. |
|
|
|
Finances
Aug 8, 2019 20:10:49 GMT 1
via mobile
Post by Stiggy on Aug 8, 2019 20:10:49 GMT 1
out of interest does anyone know if there are championship clubs who have spent less than us this window? No |
|
|
|
Post by ringdisco on Aug 8, 2019 20:22:49 GMT 1
On the plus side we should be minted now. Feel free to correct anything I've fucked up. Our wage bigg will have been 60ish million last year. Let's call it 70 as an overestimate. With the 12 (I think) players who have left, that will be down to around 50m. After the 40% wage cuts that's 30m. The incomings will be low earners. Say 5m total. After Zanka goes that will be 22m received in transfers + any Mooy fee received. Take off the 800k we've spent. I'll add in 10m for Mbenza. That means we are 24m short before any income at all. If the same as 16/17, then add 16m in turnover. Then we have 42m in parachute payments. So it looks like we're about 34m up for the year. Sadly not enough wiggle room to get a left back in though... The 12 that left will have has sizeable bonuses paying up their outstanding contract terms before any fees start to actually mount up. Could easily account for a third or more of your surplus, And remember it’s an ongoing thing, we pay fees over duration of initial contract too, so we’ll have had to pay another million or three of Mounié’s fee, same with Kongolo, Pritchard, a lump on Diakhaby etc... Likewise what you’ve recorded as £22m of transfer income won’t be anything like that “today”. Probably closer to £5 to £7m banked if they’re sold on 3 and 4 year deals. So maybe drop £14m from assumed incoming fees and add £10m on paying for historic deals, and your £34m becomes something like £10m...except I’ve written off £10m on bonuses to those leaving, and suddenly the club hasn’t got any kind of slush fund at all and is reduced to working the numbers on an ongoing basis over the next couple of years, gradually reducing the squad value to something below our projected future income whilst trying to retain as many quality players as possible. Don’t envy the hierarchy in the club one bit, especially with the backdrop of entitled fans demanding we “spend the Billing money” or “replace Mooy” etc etc. What's stopping us recruiting the same way? Stretch payment out over several years. |
|
|
|
Post by impact on Aug 8, 2019 20:28:27 GMT 1
On the plus side we should be minted now. Feel free to correct anything I've fucked up. Our wage bigg will have been 60ish million last year. Let's call it 70 as an overestimate. With the 12 (I think) players who have left, that will be down to around 50m. After the 40% wage cuts that's 30m. The incomings will be low earners. Say 5m total. After Zanka goes that will be 22m received in transfers + any Mooy fee received. Take off the 800k we've spent. I'll add in 10m for Mbenza. That means we are 24m short before any income at all. If the same as 16/17, then add 16m in turnover. Then we have 42m in parachute payments. So it looks like we're about 34m up for the year. Sadly not enough wiggle room to get a left back in though... The 12 that left will have has sizeable bonuses paying up their outstanding contract terms before any fees start to actually mount up. Could easily account for a third or more of your surplus, And remember it’s an ongoing thing, we pay fees over duration of initial contract too, so we’ll have had to pay another million or three of Mounié’s fee, same with Kongolo, Pritchard, a lump on Diakhaby etc... Likewise what you’ve recorded as £22m of transfer income won’t be anything like that “today”. Probably closer to £5 to £7m banked if they’re sold on 3 and 4 year deals. So maybe drop £14m from assumed incoming fees and add £10m on paying for historic deals, and your £34m becomes something like £10m...except I’ve written off £10m on bonuses to those leaving, and suddenly the club hasn’t got any kind of slush fund at all and is reduced to working the numbers on an ongoing basis over the next couple of years, gradually reducing the squad value to something below our projected future income whilst trying to retain as many quality players as possible. Don’t envy the hierarchy in the club one bit, especially with the backdrop of entitled fans demanding we “spend the Billing money” or “replace Mooy” etc etc. Bonus on players leaving? You what? Most were out of contract. The other half were sold and won't get it from us, they'll get signing on bonuses at their new club. Transfers can be arranged any way you want. Some are paid upfront, some are spread. So rather tha guess which are which, it makes more sense to assume they are all up front. It's only in the account swhere they are always amortised. Besides which, if you're saying we get money in stages, then we also pay out in stages and it nets off. Plus it's guaranteed. The money you've knocked off doesn't make sense. |
|
|
|
Finances
Aug 8, 2019 20:29:10 GMT 1
via mobile
Post by bluewater on Aug 8, 2019 20:29:10 GMT 1
Town receive 43 million parachute payment this year do we also receive the championship money?
|
|
|
|
Finances
Aug 8, 2019 20:31:59 GMT 1
via mobile
Post by impact on Aug 8, 2019 20:31:59 GMT 1
Town receive 43 million parachute payment this year do we also receive the championship money? If you're on about solidarity payments, then no, they go to the other teams not in receipt of parachute payments. |
|
|
|
Post by joeyjoneslocker on Aug 8, 2019 20:37:28 GMT 1
On the plus side we should be minted now. Feel free to correct anything I've fucked up. Our wage bigg will have been 60ish million last year. Let's call it 70 as an overestimate. With the 12 (I think) players who have left, that will be down to around 50m. After the 40% wage cuts that's 30m. The incomings will be low earners. Say 5m total. After Zanka goes that will be 22m received in transfers + any Mooy fee received. Take off the 800k we've spent. I'll add in 10m for Mbenza. That means we are 24m short before any income at all. If the same as 16/17, then add 16m in turnover. Then we have 42m in parachute payments. So it looks like we're about 34m up for the year. Sadly not enough wiggle room to get a left back in though... The 12 that left will have has sizeable bonuses paying up their outstanding contract terms before any fees start to actually mount up. Could easily account for a third or more of your surplus, And remember it’s an ongoing thing, we pay fees over duration of initial contract too, so we’ll have had to pay another million or three of Mounié’s fee, same with Kongolo, Pritchard, a lump on Diakhaby etc... Likewise what you’ve recorded as £22m of transfer income won’t be anything like that “today”. Probably closer to £5 to £7m banked if they’re sold on 3 and 4 year deals. So maybe drop £14m from assumed incoming fees and add £10m on paying for historic deals, and your £34m becomes something like £10m...except I’ve written off £10m on bonuses to those leaving, and suddenly the club hasn’t got any kind of slush fund at all and is reduced to working the numbers on an ongoing basis over the next couple of years, gradually reducing the squad value to something below our projected future income whilst trying to retain as many quality players as possible. Don’t envy the hierarchy in the club one bit, especially with the backdrop of entitled fans demanding we “spend the Billing money” or “replace Mooy” etc etc. I’m not sure about some of that. It doesn’t matter if transfer fees are spread out or not, if they are then we had more income than projected the last 2 years as our transfer fees will only have been one third outlay if the payment plan is over 3 years. Also, bonuses for players leaving? Nah, don’t think so. |
|
|
|
Finances
Aug 8, 2019 20:38:54 GMT 1
via mobile
Post by htfctx on Aug 8, 2019 20:38:54 GMT 1
On the plus side we should be minted now. Feel free to correct anything I've fucked up. Our wage bill will have been 60ish million last year. Let's call it 70 as an overestimate. With the 12 (I think) players who have left, that will be down to around 50m. After the 40% wage cuts that's 30m. The incomings will be low earners. Say 5m total. After Zanka goes that will be 22m received in transfers + any Mooy fee received. Take off the 800k we've spent. I'll add in 10m for Mbenza. That means we are 24m short before any income at all. If the same as 16/17, then add 16m in turnover. Then we have 42m in parachute payments. So it looks like we're about 34m up for the year. Sadly not enough wiggle room to get a left back in though... Can't agree with your assumption o.n the wage bill. No money left in either season in the premiere league. Transfermarkt shows the 50 million each year on transfers and the same amount on wages. Hoyle and PH both said so and Dean pt in an extra 15 million. Now you have to pay Dean off. Pretty tight budget now. |
|
crux
Jimmy Glazzard Terrier
[M0:0]
Posts: 4,119
|
Post by crux on Aug 8, 2019 20:39:17 GMT 1
Town receive 43 million parachute payment this year do we also receive the championship money? If you're on about solidarity payments, then no, they go to the other teams not in receipt of parachute payments. We will get the money from the Sky TV deal for Championship clubs, as far as I know. That's probably about the same as Brighton have paid/saved us by paying Mooy's wages for a season plus a loan fee. |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Aug 8, 2019 20:40:18 GMT 1
The 12 that left will have has sizeable bonuses paying up their outstanding contract terms before any fees start to actually mount up. Could easily account for a third or more of your surplus, And remember it’s an ongoing thing, we pay fees over duration of initial contract too, so we’ll have had to pay another million or three of Mounié’s fee, same with Kongolo, Pritchard, a lump on Diakhaby etc... Likewise what you’ve recorded as £22m of transfer income won’t be anything like that “today”. Probably closer to £5 to £7m banked if they’re sold on 3 and 4 year deals. So maybe drop £14m from assumed incoming fees and add £10m on paying for historic deals, and your £34m becomes something like £10m...except I’ve written off £10m on bonuses to those leaving, and suddenly the club hasn’t got any kind of slush fund at all and is reduced to working the numbers on an ongoing basis over the next couple of years, gradually reducing the squad value to something below our projected future income whilst trying to retain as many quality players as possible. Don’t envy the hierarchy in the club one bit, especially with the backdrop of entitled fans demanding we “spend the Billing money” or “replace Mooy” etc etc. What's stopping us recruiting the same way? Stretch payment out over several years. Nothing at all and that’s exactly what we and all clubs do. Just point out it’s not as easy as saying we have £34m surplus (or actually next to no surplus) now and then setting the hordes off on their crusade to get it spent. In a couple of years we won’t have parachute money and will likely have a wage bill in excess of our income...we can’t be signing players for multiple millions of £’S now otherwise we’re going to be utterly screwed when we’re paying for them without the benefit of EPL income. And that’s why we haven’t. |
|
|
|
Post by Wagner Uber Alles on Aug 8, 2019 20:46:53 GMT 1
On the plus side we should be minted now. Feel free to correct anything I've fucked up. Our wage bill will have been 60ish million last year. Let's call it 70 as an overestimate. With the 12 (I think) players who have left, that will be down to around 50m. After the 40% wage cuts that's 30m. The incomings will be low earners. Say 5m total. After Zanka goes that will be 22m received in transfers + any Mooy fee received. Take off the 800k we've spent. I'll add in 10m for Mbenza. That means we are 24m short before any income at all. If the same as 16/17, then add 16m in turnover. Then we have 42m in parachute payments. So it looks like we're about 34m up for the year. Sadly not enough wiggle room to get a left back in though...
I understand your concerns, but -
1. have you ever run any business?
2. If so, have you ever run a business with revenues of tens of £millions?
3. best bet for all of us is to chill out, and see what happens over the next year or two.
4. given the ability for us to express our feelings and opinions on public forums such as DATM, nevertheless, all of our opinions probably remain a million miles away from the facts of the matter, comparing the rhetoric and panic here over the past week versus what actually happened...?
|
|
mallyb
Darren Bullock Terrier
Posts: 926
|
Finances
Aug 8, 2019 20:47:21 GMT 1
via mobile
Post by mallyb on Aug 8, 2019 20:47:21 GMT 1
On the plus side we should be minted now. Feel free to correct anything I've fucked up. Our wage bigg will have been 60ish million last year. Let's call it 70 as an overestimate. With the 12 (I think) players who have left, that will be down to around 50m. After the 40% wage cuts that's 30m. The incomings will be low earners. Say 5m total. After Zanka goes that will be 22m received in transfers + any Mooy fee received. Take off the 800k we've spent. I'll add in 10m for Mbenza. That means we are 24m short before any income at all. If the same as 16/17, then add 16m in turnover. Then we have 42m in parachute payments. So it looks like we're about 34m up for the year. Sadly not enough wiggle room to get a left back in though... The 12 that left will have has sizeable bonuses paying up their outstanding contract terms before any fees start to actually mount up. Could easily account for a third or more of your surplus, And remember it’s an ongoing thing, we pay fees over duration of initial contract too, so we’ll have had to pay another million or three of Mounié’s fee, same with Kongolo, Pritchard, a lump on Diakhaby etc... Likewise what you’ve recorded as £22m of transfer income won’t be anything like that “today”. Probably closer to £5 to £7m banked if they’re sold on 3 and 4 year deals. So maybe drop £14m from assumed incoming fees and add £10m on paying for historic deals, and your £34m becomes something like £10m...except I’ve written off £10m on bonuses to those leaving, and suddenly the club hasn’t got any kind of slush fund at all and is reduced to working the numbers on an ongoing basis over the next couple of years, gradually reducing the squad value to something below our projected future income whilst trying to retain as many quality players as possible. Don’t envy the hierarchy in the club one bit, especially with the backdrop of entitled fans demanding we “spend the Billing money” or “replace Mooy” etc etc. You really are clueless. What a load of speculative tosh. Not even got the parachute amount right!!!!! |
|
|
|
Finances
Aug 8, 2019 20:54:19 GMT 1
via mobile
Post by impact on Aug 8, 2019 20:54:19 GMT 1
On the plus side we should be minted now. Feel free to correct anything I've fucked up. Our wage bill will have been 60ish million last year. Let's call it 70 as an overestimate. With the 12 (I think) players who have left, that will be down to around 50m. After the 40% wage cuts that's 30m. The incomings will be low earners. Say 5m total. After Zanka goes that will be 22m received in transfers + any Mooy fee received. Take off the 800k we've spent. I'll add in 10m for Mbenza. That means we are 24m short before any income at all. If the same as 16/17, then add 16m in turnover. Then we have 42m in parachute payments. So it looks like we're about 34m up for the year. Sadly not enough wiggle room to get a left back in though... I understand your concerns, but - 1. have you ever run any business? 2. If so, have you ever run a business with revenues of tens of £millions? 3. best bet for all of us is to chill out, and see what happens over the next year or two. 4. given the ability for us to express our feelings and opinions on public forums such as DATM, nevertheless, all of our opinions probably remain a million miles away from the facts of the matter, comparing the rhetoric and panic here over the past week versus what actually happened...? No I haven't. But I'm decent with numbers. And I think this shows there was money there to spend on 1 or 2 players. Not the 34m, but certainly 5-10m on 2 good additions. I can't chill out watching us lose our main assets and not replace them properly. |
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Aug 8, 2019 20:58:05 GMT 1
The 12 that left will have has sizeable bonuses paying up their outstanding contract terms before any fees start to actually mount up. Could easily account for a third or more of your surplus, And remember it’s an ongoing thing, we pay fees over duration of initial contract too, so we’ll have had to pay another million or three of Mounié’s fee, same with Kongolo, Pritchard, a lump on Diakhaby etc... Likewise what you’ve recorded as £22m of transfer income won’t be anything like that “today”. Probably closer to £5 to £7m banked if they’re sold on 3 and 4 year deals. So maybe drop £14m from assumed incoming fees and add £10m on paying for historic deals, and your £34m becomes something like £10m...except I’ve written off £10m on bonuses to those leaving, and suddenly the club hasn’t got any kind of slush fund at all and is reduced to working the numbers on an ongoing basis over the next couple of years, gradually reducing the squad value to something below our projected future income whilst trying to retain as many quality players as possible. Don’t envy the hierarchy in the club one bit, especially with the backdrop of entitled fans demanding we “spend the Billing money” or “replace Mooy” etc etc. You really are clueless. What a load of speculative tosh. Not even got the parachute amount right!!!!! I haven’t got any amount right because I was just plucking rough numbers from the air much like impact was with his speculation. Just trying to iterate that the club has comparatively limited access to a splash fund. |
|
|
|
Finances
Aug 8, 2019 20:59:40 GMT 1
via mobile
Post by haveitback on Aug 8, 2019 20:59:40 GMT 1
I think it's time for the club to come out with a statement of exactly what's going on and the strategy they are working to, No bullshit no let's say what the fans want to hear because that hasn't worked fir Phil so far, Now I may not have agreed with Deano all the time but I did admire his honesty, Phil it's time to take a lead out of his book, Cut the bullshit and tell us fans what's happening.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Aug 8, 2019 21:01:18 GMT 1
I understand your concerns, but - 1. have you ever run any business? 2. If so, have you ever run a business with revenues of tens of £millions? 3. best bet for all of us is to chill out, and see what happens over the next year or two. 4. given the ability for us to express our feelings and opinions on public forums such as DATM, nevertheless, all of our opinions probably remain a million miles away from the facts of the matter, comparing the rhetoric and panic here over the past week versus what actually happened...? No I haven't. But I'm decent with numbers. And I think this shows there was money there to spend on 1 or 2 players. Not the 34m, but certainly 5-10m on 2 good additions. I can't chill out watching us lose our main assets and not replace them properly. ..even though we were told to,expect that if players left late in window we wouldn’t panic and potentially they wouldn’t be replaced as such until January or even next summer, we won’t just rush out and sign players for the sake of bringing them in. 5-10m may come in really useful when players like Kachunga, Quaner, VLP etc who are likely to be squad players eventually leave on a free. But pointless buying their replacements now, whilst they’re still here. |
|
|
|
Post by andyeastleake on Aug 8, 2019 21:03:32 GMT 1
We invest £000's of £ over our life watching the team (tickets, travel costs etc). We invest hours and hours of devotion watching our club, travelling to watch our club etc. ...but you think the finances are "None of our business". Could you explain and justify your point (please). |
|
|
|
Post by kennyk2 on Aug 8, 2019 21:05:29 GMT 1
On the plus side we should be minted now. Feel free to correct anything I've fucked up. Our wage bill will have been 60ish million last year. Let's call it 70 as an overestimate. With the 12 (I think) players who have left, that will be down to around 50m. After the 40% wage cuts that's 30m. The incomings will be low earners. Say 5m total. After Zanka goes that will be 22m received in transfers + any Mooy fee received. Take off the 800k we've spent. I'll add in 10m for Mbenza. That means we are 24m short before any income at all. If the same as 16/17, then add 16m in turnover. Then we have 42m in parachute payments. So it looks like we're about 34m up for the year. Sadly not enough wiggle room to get a left back in though... Can't agree with your assumption o.n the wage bill. No money left in either season in the premiere league. Transfermarkt shows the 50 million each year on transfers and the same amount on wages. Hoyle and PH both said so and Dean pt in an extra 15 million. Now you have to pay Dean off. Pretty tight budget now. Yep, that's what DH said on the "And He Takes That Chance" podcast. Almost everything went on transfers and wages whilst we were in the PL. I think it was then that he realised that he/we weren't in the same league financially. |
|
|
|
Post by alexdire on Aug 8, 2019 21:23:20 GMT 1
On the plus side we should be minted now. Feel free to correct anything I've fucked up. Our wage bill will have been 60ish million last year. Let's call it 70 as an overestimate. With the 12 (I think) players who have left, that will be down to around 50m. After the 40% wage cuts that's 30m. The incomings will be low earners. Say 5m total. After Zanka goes that will be 22m received in transfers + any Mooy fee received. Take off the 800k we've spent. I'll add in 10m for Mbenza. That means we are 24m short before any income at all. If the same as 16/17, then add 16m in turnover. Then we have 42m in parachute payments. So it looks like we're about 34m up for the year. Sadly not enough wiggle room to get a left back in though... Can't agree with your assumption o.n the wage bill. No money left in either season in the premiere league. Transfermarkt shows the 50 million each year on transfers and the same amount on wages. Hoyle and PH both said so and Dean pt in an extra 15 million. Now you have to pay Dean off. Pretty tight budget now. Except the £23m profit, as per the company accounts, for the 2017/18 financial year. |
|
|
|
Post by Frankiesleftpeg on Aug 8, 2019 21:24:13 GMT 1
Our official accounts for the first season in the PL show we made a profit of £20m plus
Hodgkinson said at his q & a that this season's parachute money was all accounted for but we didn't need to sell any players, which would suggest that any money made from transfers would be purely profit. Given that our total sales/loan fees are likely to be well in excess of £20m then we should have a tidy sum left, having spent bugger all in comparison on incomings.
So we're either building up a large war chest for the future or we're using the transfer income to pay off DH's loans .
|
|
|
|
Post by alexdire on Aug 8, 2019 21:25:41 GMT 1
On the plus side we should be minted now. Feel free to correct anything I've fucked up. Our wage bill will have been 60ish million last year. Let's call it 70 as an overestimate. With the 12 (I think) players who have left, that will be down to around 50m. After the 40% wage cuts that's 30m. The incomings will be low earners. Say 5m total. After Zanka goes that will be 22m received in transfers + any Mooy fee received. Take off the 800k we've spent. I'll add in 10m for Mbenza. That means we are 24m short before any income at all. If the same as 16/17, then add 16m in turnover. Then we have 42m in parachute payments. So it looks like we're about 34m up for the year. Sadly not enough wiggle room to get a left back in though... I understand your concerns, but - 1. have you ever run any business? 2. If so, have you ever run a business with revenues of tens of £millions? 3. best bet for all of us is to chill out, and see what happens over the next year or two. 4. given the ability for us to express our feelings and opinions on public forums such as DATM, nevertheless, all of our opinions probably remain a million miles away from the facts of the matter, comparing the rhetoric and panic here over the past week versus what actually happened...? I can tell you someone else who hasn't run a business worth tens of millions of pounds, Phil Hodgkinson. |
|
|
|
Post by Wagner Uber Alles on Aug 8, 2019 21:26:59 GMT 1
No I haven't. But I'm decent with numbers. And I think this shows there was money there to spend on 1 or 2 players. Not the 34m, but certainly 5-10m on 2 good additions. I can't chill out watching us lose our main assets and not replace them properly. ..even though we were told to,expect that if players left late in window we wouldn’t panic and potentially they wouldn’t be replaced as such until January or even next summer, we won’t just rush out and sign players for the sake of bringing them in. 5-10m may come in really useful when players like Kachunga, Quaner, VLP etc who are likely to be squad players eventually leave on a free. But pointless buying their replacements now, whilst they’re still here.
Absolutely spot on.
|
|
|
|
Post by Wagner Uber Alles on Aug 8, 2019 21:28:43 GMT 1
We invest £000's of £ over our life watching the team (tickets, travel costs etc). We invest hours and hours of devotion watching our club, travelling to watch our club etc. ...but you think the finances are "None of our business". Could you explain and justify your point (please).
How many of us are accountants or else experienced to read and analyse company accounts, or make financial forecasts? Yep, less than 1%
|
|
|
|
Post by themanfromatlantis on Aug 8, 2019 21:31:17 GMT 1
Not sure that some people have grasped the fact that the players have to want to join the club, we can't force them, other than by breaking our wage structure. The way things are at present, the sway of agents and hard & fast deadline days like today all add to the pressure & ramp up prices.
That lad from Chelsea might have joined due to a combination of factors, but he may also have been speaking to Kasey Palmer & Izzy Brown, or may be mates with someone else who's gone on loan locally etc. We don't know, but I can't imagine he was the only signing we were targeting this window. As I've said, try and have a look at the Chris Wilder thing. Much smaller sums of money, yet he gets 2 out of the 5 targets & the other 3 don't join primarily because of their agents using racketeering tactics.
Putting a deadline on the transfer window was probably well meant, but unfortunately it seems to have resulted only in benefiting clubs who are prepared to take a shit or bust punt in some cases, clubs who are also prepared to play hard and fast on the edges of FFP regs etc. or those with ridiculously deep pockets like Man C. The media and agent driven frenzy doesn't really help well run clubs like Town. The money we'll eventually have accrued from the PL yrs will keep the club in good shape for many yrs to come & we'll have a training facility the likes of which we'll have never seen at the club. All positives in my book & if we do become a stable Championship club with the odd foray upwards it should then make it easier to sell the club to prospective signings.
With the way that the Salah transfer ended so tragically & with the alleged ramping and subterfuge that went on with agents to bump up the price, you'd have thought the authorities might want to start reining in the power that agents & players wield (no real objection to a degree of PP). I know that didn't cause those poor bloke's deaths, but it's blown open far more publicly what goes on behind all these deals.
|
|
