Carnero Posted March 28, 2018 Share Posted March 28, 2018 This is like Christmas Day for @ramblur. Wake up Ramblur, he's been!!!!!! ? Link to comment Share on other sites More sharing options...
Wolfie Posted March 28, 2018 Share Posted March 28, 2018 So £16.2m profit on players and still ended up with a £7.9m loss. Not really sustainable long term is it. Link to comment Share on other sites More sharing options...
Carnero Posted March 28, 2018 Share Posted March 28, 2018 When the total wage bill alone is £6m more than turnover, then you know it's not sustainable! We need to trim around 8-10 seniors out of this squad, and supplement the remaining 22 with our U23's. Next summer is the time when we're really in control of this - I believe there's around a dozen senior contracts expiring 2019, with Bent, Baird & Shackell the only seniors expiring 2018. Link to comment Share on other sites More sharing options...
RamNut Posted March 28, 2018 Share Posted March 28, 2018 5 minutes ago, Carnero said: When the total wage bill alone is £6m more than turnover, then you know it's not sustainable! We need to trim around 8-10 seniors out of this squad, and supplement the remaining 14 with our U23's. Ftfy. my goodness we almost agree on something. i'd rather we played we played the tea lady than sign any more over 30s or Wasserman groupees, Link to comment Share on other sites More sharing options...
RoyMac5 Posted March 28, 2018 Share Posted March 28, 2018 21 minutes ago, Wolfie said: So £16.2m profit on players and still ended up with a £7.9m loss. Not really sustainable long term is it. How was it allowed to happen? Link to comment Share on other sites More sharing options...
RamNut Posted March 28, 2018 Share Posted March 28, 2018 On 26 March 2018 at 22:02, Gritters said: I have no idea. The cost of the academy should be offset against the value of the players produced. Or at least against the transfer income from selling players from the academy like Hughes. I bet the academy cost aren't included in FFP though but if the running costs are £5m + then we need to be producing some quality players because it may be cheaper to buy in at that price. Correct. if you are going to have a factory farm, then you need to eat a lot of turkey. Link to comment Share on other sites More sharing options...
England Ram Posted March 28, 2018 Share Posted March 28, 2018 You save approx 5 million per year not renewing the 5 out of contract players from this year. Bent, Shackell, Baird, Hanson & Roos. (£100,000 per week combined ish) This will still mean belt tightening as I’m sure Gary will want to bring a few players in. Unless we can shift other players who’s contracts run longer. However, end of 2019 we have much more flexibility with or without additional sales, as these contracts run out, possible early sales marked *** Out of contract in 2019 are: Craig Bryson *** Andreas Weimann Jacob Butterfield *** Bradley Johnson Nick Blackman *** Marcus Olsson David Nugent Curtis Davies Tom Huddlestone Alex Pearce Joe Ledley Cameron Jerome Max Hunt Chris Martin is 2020 but ***** expected. So, even with a little concentration we should get the wages back in line to a sustainable level. I think the gamble didn’t pay off and I’d be surprised if we went down the buy everyone and push the boat out route again. Link to comment Share on other sites More sharing options...
Gritstone Ram Posted March 28, 2018 Share Posted March 28, 2018 6 minutes ago, England Ram said: You save approx 5 million per year not renewing the 5 out of contract players from this year. Bent, Shackell, Baird, Hanson & Roos. (£100,000 per week combined ish) This will still mean belt tightening as I’m sure Gary will want to bring a few players in. Unless we can shift other players who’s contracts run longer. However, end of 2019 we have much more flexibility with or without additional sales, as these contracts run out, possible early sales marked *** Out of contract in 2019 are: Craig Bryson *** Andreas Weimann Jacob Butterfield *** Bradley Johnson Nick Blackman *** Marcus Olsson David Nugent Curtis Davies Tom Huddlestone Alex Pearce Joe Ledley Cameron Jerome Max Hunt Chris Martin is 2020 but ***** expected. So, even with a little concentration we should get the wages back in line to a sustainable level. I think the gamble didn’t pay off and I’d be surprised if we went down the buy everyone and push the boat out route again. I'm happy to build slowly and solid with players coming through from the academy. I'm not a big fan of 30+ year old has beens or never will be. Link to comment Share on other sites More sharing options...
RamNut Posted March 28, 2018 Share Posted March 28, 2018 We're probably stuck with the johnsons, butterfields, and blackmans. no-one will surely pay real money that you can spend in shops for this lot. we might get a used Ford Fiesta in part exchange. Link to comment Share on other sites More sharing options...
Gritstone Ram Posted March 28, 2018 Share Posted March 28, 2018 1 hour ago, Carnero said: This is like Christmas Day for @ramblur. Wake up Ramblur, he's been!!!!!! ? He won't be out to play today. He'll be too busy. Link to comment Share on other sites More sharing options...
Boycie Posted March 28, 2018 Share Posted March 28, 2018 He’s not a well man Link to comment Share on other sites More sharing options...
superzak Posted March 28, 2018 Share Posted March 28, 2018 8 minutes ago, Gritters said: I'm happy to build slowly and solid with players coming through from the academy. I'm not a big fan of 30+ year old has beens or never will be. Give Nigel another go he knows how to sort this kind of mess out lol Link to comment Share on other sites More sharing options...
England Ram Posted March 28, 2018 Share Posted March 28, 2018 1 minute ago, Gritters said: I'm happy to build slowly and solid with players coming through from the academy. I'm not a big fan of 30+ year old has beens or never will be. Agreed. And I think we have shown that it is not sustainable. Mel has talked about a tierd system of 5 top earners, 5 middle earners and the rest normal or academy earners. I think we can see the sense in this to make it sustainable and having to prove your worth to be in a different bracket so we don’t get in to this position again. I do see more possible transfer targets being missed out on though as they demand more than we can or will offer. You’ll still get fans moaning that we aren’t spending the money, but they’d soon think twice if they were losing £7 million a year, even if they were multi millionaires. Link to comment Share on other sites More sharing options...
Inglorius Posted March 28, 2018 Share Posted March 28, 2018 Makes me chortle the bit stating that after the signing of Nugent etc intangible off field assets went up to £42.6 million, who is actually valuing that little lot? I'll have a safe wager that our intangible off field assets are nowhere near that level if we've valued Butterfield, Blackman, Johnson et al at the price we paid for them (which is the subject of a court case currently). Link to comment Share on other sites More sharing options...
Wolfie Posted March 28, 2018 Share Posted March 28, 2018 24 minutes ago, RoyMac5 said: How was it allowed to happen? I suspect Mr Rush knows more about it than me but it's pretty clear that the return on investment on the field in the last 2-3 years has been poor for many reasons - manager changes, too high outgoing transfer fees & wages for average players, "surprise" contract extensions etc etc. Of course there's going to be a loss when we're trying to compete with big spending teams (with or without parachute payments) but we're not going to be able to sell a Hendrick, Ince & Hughes every year - which is what I find worrying. Link to comment Share on other sites More sharing options...
Wolfie Posted March 28, 2018 Share Posted March 28, 2018 10 minutes ago, superzak said: Give Nigel another go he knows how to sort this kind of mess out lol Back to the days of "Barker type fees"? Link to comment Share on other sites More sharing options...
Inglorius Posted March 28, 2018 Share Posted March 28, 2018 4 minutes ago, Wolfie said: Of course there's going to be a loss when we're trying to compete with big spending teams (with or without parachute payments) By your same logic doesn't it also follow that these teams will also have incurred a large financial loss. Link to comment Share on other sites More sharing options...
jimbobram Posted March 28, 2018 Share Posted March 28, 2018 28 minutes ago, Wolfie said: Back to the days of "Barker type fees"? Loved that saying! Link to comment Share on other sites More sharing options...
Curtains Posted March 28, 2018 Share Posted March 28, 2018 Accounts seem ok. The academy costs a lot though so will it be worth it I don’t know ! Link to comment Share on other sites More sharing options...
Nuwtfly Posted March 28, 2018 Share Posted March 28, 2018 Telling the fans that you won’t be investing in the team in the summer if we don’t get promoted is always a good idea. God help Mel if he thinks Nugent and Jerome and adequate to get you out of this league. Link to comment Share on other sites More sharing options...
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