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Post by VLP Fan Club on Jul 7, 2023 14:49:23 GMT 1
NDA on what? EFL budget restrictions? sounds like nonsense Terms of the takeover/previous funding Aka a certain someone covering their tracks
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Maynardblue
Jimmy Nicholson Terrier
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Post by Maynardblue on Jul 7, 2023 14:50:15 GMT 1
Terms of the takeover/previous funding Maynard do you know who set the budget for this season DH or KN? If it was say a lower budget under DH, did that have to be approved by a set date which happened to be before the takeover got completed. Business plans for the coming season have to be submitted to the EFL in March. Only the approved owner of the club can do that.
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incognito
Jimmy Nicholson Terrier
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Post by incognito on Jul 7, 2023 14:58:00 GMT 1
Maynard do you know who set the budget for this season DH or KN? If it was say a lower budget under DH, did that have to be approved by a set date which happened to be before the takeover got completed. Business plans for the coming season have to be submitted to the EFL in March. Only the approved owner of the club can do that. ...and updated whenever there is a proposed change in control.
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Post by arroloui on Jul 7, 2023 15:19:01 GMT 1
Someone from the club needs to come out and explain exactly why we don't have any money to spend. Otherwise we are going to go into next season on a negative side again like last season And we all remember how that went We just need an honest answer to stop all the questions above.
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Post by hartyhtfc on Jul 7, 2023 15:27:27 GMT 1
Jesus - sounds like we're in for a pretty crap season again. Why can't we just act like a proper championship club and sign some decent players. Sounds like we're still suffering the hangover from Dean's shit deal to sell to Potless. Anyway Feel the club should come out and detail the constraints - why we have them and what they are. It might help keep people like me a bit quieter.They have, Kevin said why in his interview. He didn't go into details as it's finances but he explained it was EFL rules. Nowt to do with Potless, although it WILL (partly) be to do with the sackings and shit signings last season creating more losses than expected. Think this is key too. As we were absolutely dire last year, everything else will have taken a hit. Far less on-the-day home tickets being sold, or hospitality too you'd imagine, and when the team lose every week, sales of merch and additional sales will have fallen a lot too. Hopefully this year will help, with some bumper home games against L**ds and Massive to be guaranteed paydays too.
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Post by mosher on Jul 7, 2023 15:27:50 GMT 1
Someone from the club needs to come out and explain exactly why we don't have any money to spend. Otherwise we are going to go into next season on a negative side again like last season And we all remember how that went We just need an honest answer to stop all the questions above. I feel like a parrot here, but I'll post it again ... they HAVE. They've told us exactly why there's a budgetary restraint, they just haven't gone into specific detail, understandably. It's a combination of the takeover, submitted accounts forecasts and FFP considerations around all that. Edit: They're probably not even ALLOWED to mention specific figures and even if they are, why would they? For a bunch of halfwits/amateur accountants/FM players to peruse and dissect? Sod that!
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arry11
David Wagner Terrier
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Post by arry11 on Jul 7, 2023 15:38:12 GMT 1
Business plans for the coming season have to be submitted to the EFL in March. Only the approved owner of the club can do that. ...and updated whenever there is a proposed change in control. Just guessing i would say the new owner would have to go back to the EFL and offer a new budget and plan.
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Post by Uddersfield on Jul 7, 2023 15:40:08 GMT 1
Someone from the club needs to come out and explain exactly why we don't have any money to spend. Otherwise we are going to go into next season on a negative side again like last season And we all remember how that went We just need an honest answer to stop all the questions above. The answer is in numerous posts above? Not to mention Warnocks interview today ffs.
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Post by arroloui on Jul 7, 2023 15:41:33 GMT 1
...and updated whenever there is a proposed change in control. Just guessing i would say the new owner would have to go back to the EFL and offer a new budget and plan. Sounds like a plan Why wouldn't he ?
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arry11
David Wagner Terrier
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Post by arry11 on Jul 7, 2023 15:44:49 GMT 1
Just guessing i would say the new owner would have to go back to the EFL and offer a new budget and plan. Sounds like a plan Why wouldn't he ? Probably comfortable with the budget whilst he sorts things out.
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incognito
Jimmy Nicholson Terrier
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Post by incognito on Jul 7, 2023 15:47:36 GMT 1
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crux
Jimmy Glazzard Terrier
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Post by crux on Jul 7, 2023 15:47:37 GMT 1
...and updated whenever there is a proposed change in control. Just guessing i would say the new owner would have to go back to the EFL and offer a new budget and plan. Which I'm suspecting KN isn't going to do for this season, apart from minor tweaks to allow us to use unforseen income like the Coady sell-on, if we have to. They need to sort out the commercial side of the club to increase income. The direction for the Academy needs to agreed on and funded accordingly. They've got around 6 months to get the budgets sorted out for submission to the EFL for NEXT season (assuming we don't get promoted). Also if we are planning on losing the maximum amount per season, as I understand it, they have to submit budgets/plans for multiple seasons to show they can cover the loses.
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arry11
David Wagner Terrier
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Post by arry11 on Jul 7, 2023 15:54:05 GMT 1
Losse are watched over a 3 year period if we can reduce this years losses the losses 3 years ago will not count.
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Post by terriersyndrome on Jul 7, 2023 15:58:25 GMT 1
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arry11
David Wagner Terrier
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Post by arry11 on Jul 7, 2023 16:03:33 GMT 1
A bit of tit for tat going on i suspect still early doors and clubs and agents will play the field.
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Post by bells ringing :) on Jul 7, 2023 16:04:42 GMT 1
A bit of tit for tat going on i suspect still early doors and clubs will play the field. You asume Lang is not the only option we are working on.
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arry11
David Wagner Terrier
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Post by arry11 on Jul 7, 2023 16:09:26 GMT 1
A bit of tit for tat going on i suspect still early doors and clubs will play the field. You asume Lang is not the only option we are working on. Would think we are looking at many options and Hoss said we are exploring the new foreign rules on oversea players
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Post by mosher on Jul 7, 2023 16:12:02 GMT 1
You asume Lang is not the only option we are working on. Would think we are looking at many options and Hoss said we are exploring the new foreign rules on oversea players Hoss, brilliant, I forgot someone had advocated that for his DATM name
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arry11
David Wagner Terrier
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Post by arry11 on Jul 7, 2023 16:15:39 GMT 1
Would think we are looking at many options and Hoss said we are exploring the new foreign rules on oversea players Hoss, brilliant, I forgot someone had advocated that for his DATM name May get changed to Ass by some if we don't sign anyone soon
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Post by Gag_N_Bone_Man on Jul 7, 2023 16:38:50 GMT 1
Someone from the club needs to come out and explain exactly why we don't have any money to spend. Otherwise we are going to go into next season on a negative side again like last season And we all remember how that went We just need an honest answer to stop all the questions above. they really don't. They already have done all they need to do. Everyone needs to calm down.
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Post by royrace on Jul 7, 2023 16:39:00 GMT 1
The EFL constraints are pretty simple, we make sod all money compared to the other clubs in the league. Commercial revenue is poor, matchday isn't much better, merch is limited. We've milked the cheap season tickets for years and it's now all coming back to bite us in the arse. FFP rules put simply is a club can only lose at most 13m a year. Which means the budget and ability to spend money is governed completely by the amount of money the club makes in revenue. Imagine two clubs have the exact same costs, one makes 50m a year and one makes 10m a year. The club who makes 40m more can go sign 3 players at 10m each and use that extra 10m to pay them and be in the same position as the other club. That is what's happening and is why Nagle's aim is to improve off field stuff first to try and raise the top line so there's a greater pot to spend. Gone are the days of a billionaire investor coming in and spending 100's of millions to improve a club and taking it all as loss. What happened to Man City won't ever happen again without a huge rule change. Kevin might have a lot of money available to invest, but until the revenue is improved he's not allowed to. Where we've failed of late is spaffing good wages on duds (sanogoals as an example or knockaert) and selling players for relatively very little. The reality unfortunately being the proceeds from the players sales are used to run the club. Hence the long term repayment plans of the likes of Karlan Grant. There's a better TV deal on the horizon with the sky deal expiring after 23/24. Worth supposedly 935m over 5 years, how that is split between leagues and then between each team i've no idea. Add to that the improvements hopefully made on revenue this season and we can probably realistically see us throwing some money around this time next year. But for now we have to bite the bullet and hope Neil can walk on water again with the team we have. Not going to be pretty but think there's enough there with a couple of savvy loans to do that. An admin should pin this post.... I don't think it's true, there are smaller and equivalent clubs in the league who arent under such financial constraints, we've recently taken in £75M in transfers. I'd like to hear a better explanation from the management but seems it will be another enigma wrapped in a riddle sealed with an NDA. Stoke have extremely wealthy backers but have to tread carefully due to FFP, we know this but Stokes idea of treading carefully looks a LOT different to ours. Why is that? Is their commercial revenue so much more than ours?? I cant see it being. PNE, Millwall, Rotherham, QPR, Bristol etc etc etc? Are they all selling season tickets for £5k each and selling half a million shirts per season? Do any of them have the recent player fees that we have?? Doesnt make sense to me, maybe I'm a bit thick so a better explanation from the club would be appreciated.
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Post by royrace on Jul 7, 2023 16:43:48 GMT 1
Terms of the takeover/previous funding Aka a certain someone covering their tracks Maybe there's an extra expense/loss we're not aware of. De ja vu
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Post by royrace on Jul 7, 2023 16:44:54 GMT 1
Fair play to him, cant blame Town for trying but if he's showing some loyalty to WAFC then good on him.
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crux
Jimmy Glazzard Terrier
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Post by crux on Jul 7, 2023 16:46:19 GMT 1
Someone from the club needs to come out and explain exactly why we don't have any money to spend. Otherwise we are going to go into next season on a negative side again like last season And we all remember how that went We just need an honest answer to stop all the questions above. they really don't. They already have done all they need to do. Everyone needs to calm down. I'd ignore this poster, he's just on the wind up!
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Post by Terrier Ramone on Jul 7, 2023 16:46:59 GMT 1
Surely can't be happy with that Midfield. Hoggy deteriorated badly last year. Not convinced at all with Kasumu. 😬 I'm with you, someone who can pass and run a game in midfield an absolute must in my opinion but who am I to argue with NW. I'm assuming we won't be needing the midfield to pass forward ? This is really concerning, we got points & survived last year basically defending all first half, attacking for 20 mins of the 2nd & then either defending again or being restrained in an attacking sense. This worked really well for about 1/3 of the season & it needed to, as relegation was the alternative. Now we have a full season, a fanbase that thinks we can't possibly be relegated cos we have NW & who have big expectations, compared to when they were all convinced that we were relegated already. What PL teams are going to want to loan us any attacking players if our midfield is going to be bypassed? This could be a very dangerous season again.
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Yuta be a terrier
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Post by Yuta be a terrier on Jul 7, 2023 16:47:22 GMT 1
An admin should pin this post.... I don't think it's true, there are smaller and equivalent clubs in the league who arent under such financial constraints, we've recently taken in £75M in transfers. I'd like to hear a better explanation from the management but seems it will be another enigma wrapped in a riddle sealed with an NDA. Stoke have extremely wealthy backers but have to tread carefully due to FFP, we know this but Stokes idea of treading carefully looks a LOT different to ours. Why is that? Is their commercial revenue so much more than ours?? I cant see it being. PNE, Millwall, Rotherham, QPR, Bristol etc etc etc? Are they all selling season tickets for £5k each and selling half a million shirts per season? Do any of them have the recent player fees that we have?? Doesnt make sense to me, maybe I'm a bit thick so a better explanation from the club would be appreciated. We pretty much give our best players away. Stoke sold Souttar for 17m or thereabouts. We sold our 2 best players to the same club in a cut price double deal worth 10m, who does that? I'm not overly worried that we won't be spending on fees because not many clubs do. I just hope we can afford 2 or 3 quality loans to raise the level of the 1st team.
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Post by waggers on Jul 7, 2023 16:47:34 GMT 1
An admin should pin this post.... I don't think it's true, there are smaller and equivalent clubs in the league who arent under such financial constraints, we've recently taken in £75M in transfers. I'd like to hear a better explanation from the management but seems it will be another enigma wrapped in a riddle sealed with an NDA. Stoke have extremely wealthy backers but have to tread carefully due to FFP, we know this but Stokes idea of treading carefully looks a LOT different to ours. Why is that? Is their commercial revenue so much more than ours?? I cant see it being. PNE, Millwall, Rotherham, QPR, Bristol etc etc etc? Are they all selling season tickets for £5k each and selling half a million shirts per season? Do any of them have the recent player fees that we have?? Doesnt make sense to me, maybe I'm a bit thick so a better explanation from the club would be appreciated. I think Stoke have a bit of a fiddle by getting a huge amount of money from Bet365 who also own the club. We don't even know who is or isn't coming in this summer, I know it's ideal to get deals done early but isn't always the case. I think the plan for this coming season was to get Warnock in, get quality staff in with a long term plan and just calm down.
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Post by Yaya sanogoat on Jul 7, 2023 17:11:56 GMT 1
What happened to the two supposed signings? Just waiting to announce or something else…
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Post by bells ringing :) on Jul 7, 2023 17:13:07 GMT 1
What happened to the two supposed signings? Just waiting to announce or something else… People are now thinking it was Ruffels and Koroma.
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Post by royrace on Jul 7, 2023 17:24:25 GMT 1
What happened to the two supposed signings? Just waiting to announce or something else… People are now thinking it was Ruffels and Koroma.
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