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Post by bells ringing :) on Jun 26, 2023 15:24:08 GMT 1
Is there any reason as to why? Probably because books still need balancing. Look at the way Newcastles owners have gone about things up there (and I’m not trying to compare Kevin’s wealth to theirs). They didn’t immediately go out splashing the cash, just good, solid signings. This isn’t and never was a kind of fantasy football project. Just curious as to what books need balancing, as our budget last year was bottom 3 easily bottom 3. Which was confirmed and talked about by both Hoyle/ Bromby. Therefore i am quite concered by these supposed finical constraints , that we are apparnetly under . |
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DuffMan
Iain Dunn Terrier
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Post by DuffMan on Jun 26, 2023 15:27:37 GMT 1
Probably because books still need balancing. Look at the way Newcastles owners have gone about things up there (and I’m not trying to compare Kevin’s wealth to theirs). They didn’t immediately go out splashing the cash, just good, solid signings. This isn’t and never was a kind of fantasy football project. Just curious as to what books need balancing, as our budget last year was bottom 3 easily bottom 3. Which was confirmed and talked about by both Hoyle/ Bromby. Therefore i am quite concered by these supposed finical constraints , that we are apparnetly under . our income is probably bottom 3 too |
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Post by dezzly on Jun 26, 2023 15:27:54 GMT 1
Surely in the presser tomorrow it will be asked what the reasons are for the “strict financial protocols” in year one as per his tweet. It may be that the sum of a) £5-10 million to cover the 2023/24 operating loss; b) the £6m (?) he has agreed to reimburse DH for last season; and c) whatever he has paid (if anything) for the shares could be the extent of the cash that he is able / willing to inject in the first 12 months. There's no possibility of it being an imminent FFP issue: I'd expect us to be sitting sitting pretty close to break even on the three year P&S calculation (likely one of the 'healthiest' in the league). Would agree it’s probably along those lines yeh,be interesting to see. |
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Post by 3Pipe on Jun 26, 2023 15:28:47 GMT 1
Yiadom & Mbengue, please Kevin. Come on, we've discussed this already.
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Post by bells ringing :) on Jun 26, 2023 15:31:59 GMT 1
I understand that our current income streams are bottom 3, but so were other clubs such as Bournmouth when they first came up and they didn't struggle to spend money. Even the last time they were down in this league, they had cahill on 70k a week. Yet there is us who are well struggling to compete, when it seems other clubs jsut ignore the rules.
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Post by royrace on Jun 26, 2023 15:34:37 GMT 1
BUT to convince Warnock to stay on, Kev must surely have given him exciting reasons to stay, rather than "please stay Neil, and I'll get you one or two average players for you to succeed in giving us an average mid table season." have seen this “he must have given him exciting reasons / a decent budget” but I think it’s way off the mark. Warnock has said why he’s coming back, and it’s because he cares and he wants to help keep the club on a stable footing whilst the new guys get their feet under the table. And thatll happen with him doing the best job he can do with the squad he has to work with. That’s all.Nah, he must have been given assurances he can make the squad competitive. By his own admission last season it wasn't, he said it was unbalanced or words to that effect. He performed a miracle and had us in play off form but he's not daft enough to think he can sustain that for another year whilst conceding 70% possession or more in every game. His reputation is deservedly sky high after last season, I cant see him chomping at the bit to do another year just to have us struggling for a mid table finish at best. I would imagine he has been told that he will be allowed to sign a few decent players in order to make the squad competitive, otherwise he wouldn't bother IMO. That doesn't mean spending millions, plenty of teams with modest budgets have done well in the recent past including his teams but it will require some decent albeit modest investment. He's a master at playing everything down as we saw last season with his first few press conferences, I would imagine he is aiming for a top 6 finish, whether that's possible is another matter but it certainly isn't unless he's allowed to bring in a few decent players. As far as I'm aware FFP is the only constraint they need to be wary of, it's a big one but there will be scope to invest wisely without breaching it. |
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Post by royrace on Jun 26, 2023 15:37:52 GMT 1
I understand that our current income streams are bottom 3, but so were other clubs such as Bournmouth when they first came up and they didn't struggle to spend money. Even the last time they were down in this league, they had cahill on 70k a week. Yet there is us who are well struggling to compete, when it seems other clubs jsut ignore the rules. I don't see how that can be the case when you look at crowds and the players we have sold for big money in recent years that will still be being paid for, don't forget that was why the tens of millions we made in signing fees couldn't be spent on replacements. |
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Post by Sugy , Paignton Devon Terrier on Jun 26, 2023 15:38:10 GMT 1
This looks one of the strongest championships i have seen for a long time and Warnock certainly needs to bring in some quality if trying to compete with the pace setters.
Expect all three relegated premier league clubs to be up there as parachute money should help |
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Post by bells ringing :) on Jun 26, 2023 15:51:27 GMT 1
I understand that our current income streams are bottom 3, but so were other clubs such as Bournmouth when they first came up and they didn't struggle to spend money. Even the last time they were down in this league, they had cahill on 70k a week. Yet there is us who are well struggling to compete, when it seems other clubs jsut ignore the rules. I don't see how that can be the case when you look at crowds and the players we have sold for big money in recent years that will still be being paid for, don't forget that was why the tens of millions we made in signing fees couldn't be spent on replacements. I am agreeing with the above statment, from another poster. I don't think we make the most of our income steams,. Which is something i expect Nagle has noticed, but other clubs do seem to be able to spend more, althrough fan base wise etc they are either slightly below or on a par with us. |
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Post by garyroberts'leftfoot on Jun 26, 2023 16:04:01 GMT 1
Our income is more or at least very similar to Birmingham, Blackburn, Cardiff, Hull, millwall, Preston, Plymouth, QPR, Rotherham and Swansea.
It would have been nice to see a 15/20% increase so that we can bring in a few quality players.
It will be interesting to see what he says.
To be honest I just want to see a bit of ambition and positivity. I also don’t want to see any talk of us being an underdog.
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Post by cowshed1992 on Jun 26, 2023 16:06:34 GMT 1
We’re hamstrung by the lack of income from not owning the stadium. We negotiated on the catering proceeds but we still only get a percentage of those. Other clubs can use that as an income stream. They big thing moving forward is the cost of season tickets. It won’t be popular, but I think realistically they’ll have to put them up to £350ish. We are always going to run at a loss in this league but if we push it too much with our current turnover we might soon be pushing towards the limit (38 mill loss over 3 seasons) where we could be sanctioned under FFP.
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Post by bells ringing :) on Jun 26, 2023 16:07:18 GMT 1
Our income is more or at least very similar to Birmingham, Blackburn, Cardiff, Hull, millwall, Preston, Plymouth, QPR, Rotherham and Swansea. It would have been nice to see a 15/20% increase so that we can bring in a few quality players. It will be interesting to see what he says. To be honest I just want to see a bit of ambition and positivity. I also don’t want to see any talk of us being an underdog. I totally agree.
Would we talk about been underdogs , as much as we do if we weren't called the terriers ? seems an easy one to do with our nickname.
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Post by dalesterrier on Jun 26, 2023 16:11:37 GMT 1
He’s downatthemac later this PM. HTSA have posted that the club asked for a ATT meeting tonight...guess that's one reason why he's there! |
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arry11
David Wagner Terrier
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Post by arry11 on Jun 26, 2023 16:13:46 GMT 1
I understand that our current income streams are bottom 3, but so were other clubs such as Bournmouth when they first came up and they didn't struggle to spend money. Even the last time they were down in this league, they had cahill on 70k a week. Yet there is us who are well struggling to compete, when it seems other clubs jsut ignore the rules. I don't see how that can be the case when you look at crowds and the players we have sold for big money in recent years that will still be being paid for, don't forget that was why the tens of millions we made in signing fees couldn't be spent on replacements. Do you really think the club are making a mint if there is any money left we would invest the club is making a loss. |
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Post by bells ringing :) on Jun 26, 2023 16:16:06 GMT 1
I don't see how that can be the case when you look at crowds and the players we have sold for big money in recent years that will still be being paid for, don't forget that was why the tens of millions we made in signing fees couldn't be spent on replacements. Do you really think the club are making a mint if there is any money left we would invest the club is making a loss. to be fair , most if not all clubs in the champ or in football for that matter, are making losses. Even Man u make loses more often than not. |
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arry11
David Wagner Terrier
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Post by arry11 on Jun 26, 2023 16:27:11 GMT 1
Man U are a multi million pound industry which banks have no problem with. Now teams like Bournemouth have a owner who as put his money in by a different ways i.e sponsoring the club by different companies he may of set up. there are ways around backing the club if the owner is prepared too throw his casn at it.
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Wagner Uber Alles
Steve Kindon Terrier
UnterstĂĽtzt die Stadt seit 1970.
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Post by Wagner Uber Alles on Jun 26, 2023 17:07:10 GMT 1
I understand that our current income streams are bottom 3, but so were other clubs such as Bournmouth when they first came up and they didn't struggle to spend money. Even the last time they were down in this league, they had cahill on 70k a week. Yet there is us who are well struggling to compete, when it seems other clubs jsut ignore the rules. Their season tickets aren’t £249 a year. Would you like Kev to triple the price and then have more to spend on players ? |
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Post by rockwall on Jun 26, 2023 17:16:08 GMT 1
Probably because books still need balancing. Look at the way Newcastles owners have gone about things up there (and I’m not trying to compare Kevin’s wealth to theirs). They didn’t immediately go out splashing the cash, just good, solid signings. This isn’t and never was a kind of fantasy football project. Just curious as to what books need balancing, as our budget last year was bottom 3 easily bottom 3. Which was confirmed and talked about by both Hoyle/ Bromby. Therefore i am quite concered by these supposed finical constraints , that we are apparnetly under . FFP assessment periods are over 3 years. So everything has to be aligned otherwise we would fall foul of breach. I think in a years time the next assessment is done for us. So basically, we would have to keep in line what we have for the past 2 seasins. Which means in a years time Kev can do what he wants as by the time the next FFP assessment is done, it will be based solely on him. I could be wrong, apologies if I am. |
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ben1987
Mental Health Support Group
Posts: 7,248
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Post by ben1987 on Jun 26, 2023 17:23:31 GMT 1
get the stadium bought first kev I really wouldn’t, having thought about this, I dont see it as a good idea. It operates at a loss and needs a huge amount of investment to make it more sustainable after years of neglect and lack of upkeep. It’s gone bust at least twice that I’m aware of. |
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Post by 66738 on Jun 26, 2023 17:40:48 GMT 1
get the stadium bought first kev I really wouldn’t, having thought about this, I dont see it as a good idea. It operates at a loss and needs a huge amount of investment to make it more sustainable after years of neglect and lack of upkeep. It’s gone bust at least twice that I’m aware of. Yup, And when it inevitably goes bust again, Kev can step in and get it at cut price. |
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prepare
Darren Bullock Terrier
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Post by prepare on Jun 26, 2023 17:43:36 GMT 1
It may be that the sum of a) £5-10 million to cover the 2023/24 operating loss; b) the £6m (?) he has agreed to reimburse DH for last season; and c) whatever he has paid (if anything) for the shares could be the extent of the cash that he is able / willing to inject in the first 12 months. There's no possibility of it being an imminent FFP issue: I'd expect us to be sitting sitting pretty close to break even on the three year P&S calculation (likely one of the 'healthiest' in the league). Would agree it’s probably along those lines yeh,be interesting to see. havectown announced a press conference for tomorrow or just another rumour!!? |
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Post by Chips Longhorn on Jun 26, 2023 17:46:25 GMT 1
It's tomorrow morning Prepare .
Do town usually announce press conferences ?
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Post by dugnet on Jun 26, 2023 17:49:29 GMT 1
It will be interesting to hear what Mr Nagle says. Everyone is focusing on budget but I think structure and long term planning is what I am keen to hear about.
Let's be honest as much as we are all pretty happy with NW for a season no-one can expect this to be a long term solution. What the plan is for the season after this, and beyond, is key.
As for money, it's not about how much it is about a well you use it. Neil made a comment at the end of the season that you don't need lots of expensive players, just the right players to be competitive. However if we offer new contracts of over a year to players how will that align with the long term plan?
Neil will know who he wants/can work with but what happens when he inevitably moves on?
I'm not particularly worried but there are clear layers of planning required for a longer term strategy. Or is Kev hoping for a Warnock miracle and to move the club on again? I'm not saying that is the plan but it's a fair observation.
Overall things are hopeful, but let's keep an eye on the future. Mr Nagle will hopefully make things clearer tomorrow.
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Post by bentley316 on Jun 26, 2023 17:59:25 GMT 1
Im actually feeling better about it not being a splash the cash, 10 mill on a player type of ownership.
Hopefully it proves he is thinking long term and long term planning is what we need as a club.
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Post by maskellzleftfoot on Jun 26, 2023 18:18:11 GMT 1
I'm not expecting any significant increase in our playing budget this season Doesn’t make a lot of sense to throw money at players that a new manager might not want in a years time. Consolidate on the work Warnock did last season, mid table/flirt with play offs just no arse twitching end of season run in and keep our powder dry for next season when the new owner’s longer term vision will be clearer to see. That’s what I’m expecting Kev & Jake to be thinking….. |
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Post by themanfromatlantis on Jun 26, 2023 18:31:42 GMT 1
This looks one of the strongest championships i have seen for a long time and Warnock certainly needs to bring in some quality if trying to compete with the pace setters.
Expect all three relegated premier league clubs to be up there as parachute money should help Don’t they say that at the start of every Championship season? |
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prepare
Darren Bullock Terrier
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Post by prepare on Jun 26, 2023 18:32:44 GMT 1
I'm not expecting any significant increase in our playing budget this season Doesn’t make a lot of sense to throw money at players that a new manager might not want in a years time. Consolidate on the work Warnock did last season, mid table/flirt with play offs just no arse twitching end of season run in and keep our powder dry for next season when the new owner’s longer term vision will be clearer to see. That’s what I’m expecting Kev & Jake to be thinking….. they need time full stop |
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Post by dezzly on Jun 26, 2023 18:51:31 GMT 1
Would agree it’s probably along those lines yeh,be interesting to see. havectown announced a press conference for tomorrow or just another rumour!!? Steven chicken said on his podcast at the weekend that the presser was scheduled for Tuesday. |
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Post by 28901 on Jun 26, 2023 18:58:01 GMT 1
This looks one of the strongest championships i have seen for a long time and Warnock certainly needs to bring in some quality if trying to compete with the pace setters.
Expect all three relegated premier league clubs to be up there as parachute money should help Don’t they say that at the start of every Championship season? Not when we went down they didn't. |
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Post by rockwall on Jun 26, 2023 19:11:32 GMT 1
Personally think Southampton won't pull up any trees. Maybe get a play off place, but that's about it.
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