I was genuinely surprised they hadn't already suggested that us dumping strikers off left, right and centre was being done to avert some sort of financial crisis.
Or have they, and I missed it?
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[Albion] Albion predicted to go from £12 million profit to £13m loss last season
- Thread starter El Presidente
- Start date
I was genuinely surprised they hadn't already suggested that us dumping strikers off left, right and centre was being done to avert some sort of financial crisis.
Or have they, and I missed it?
blue-shifted
Banned
Sounds as if it's probably right, but that also means that the transfer fees we've previously paid for Izquierdo, Propper, Ryan, Gross etc come into play
I'm no football finance expert but I'd have a small wager that you're pretty much correct.
Agreed, but I was more looking for one-off costs to do with the training ground or TB's loans, something like that that won't crop up every year. Buying players comes under general trading and we're always going to do that - but hopefully do it better.
Weststander
Well-known member
Say wages of (£45,000, £45,000 and £30,000) x 52 + employers NIC @ 13.8% = £7.1m saved on an annualised basis.
Did we receive loan fees too?
studio150
Well-known member
Spend the same and finish 10th rather than 17th and we would effectively have broken even, so you can see why the aim is to be a top 10 club
TSB
Captain Hindsight
It is, when your two record-signings are shit.
Nottseagull
Well-known member
Does it? I thought they were regarded as capital assets.
£12m. £13m . . . .pfff, nothing a good game of cards can't sort out.
I have no clue. I was merely trying to find out if the loss was due to something exceptional that we won't have to shell out for every year.
blue-shifted
Banned
I can't think of significant "non playing" outlays last season.
I think the most likely reason for the £25m swing is transfer fee and wage inflation. I bet there's a tonne of agents fees as well.
The accounts will confirm whether this is true or not, but I'd say the key to keeping finances under control is not to let wages spiral.
What would be a massive help is if we manage to shift the high paid, senior players not in the team off the books permanently. This will be harder than most suspect.
I think the most likely reason for the £25m swing is transfer fee and wage inflation. I bet there's a tonne of agents fees as well.
The accounts will confirm whether this is true or not, but I'd say the key to keeping finances under control is not to let wages spiral.
What would be a massive help is if we manage to shift the high paid, senior players not in the team off the books permanently. This will be harder than most suspect.
- Jan 30, 2008
- 831
You called?
That is correct, except at Pride Park, who do it “The Derby Way” to decrease short term amortisation to comply with FFP.
Regards
DR
blue-shifted
Banned
I've just counted the number of players we have (it's listed in the Shinji Okazaki thread).
We have 78.
Now most of these are youth players so will be relatively inexpensive, and many are on loan and some, (but almost certainly not all) of their wages will be paid by another club.
My point is that I think most of us probably greatly underestimate the amount of money it costs to run a category A academy. The number of support staff they must need, physios, analysts etc etc. Remember they will also have even younger players, who don't have the status of club employees, plus now the whole women's team to look after.
In the near future, it will hopefully be self sustaining. £200k here to a league 2 club, £4m there to a Championship club and the occasional first team player which will save us £20m. But we're not there yet
We have 78.
Now most of these are youth players so will be relatively inexpensive, and many are on loan and some, (but almost certainly not all) of their wages will be paid by another club.
My point is that I think most of us probably greatly underestimate the amount of money it costs to run a category A academy. The number of support staff they must need, physios, analysts etc etc. Remember they will also have even younger players, who don't have the status of club employees, plus now the whole women's team to look after.
In the near future, it will hopefully be self sustaining. £200k here to a league 2 club, £4m there to a Championship club and the occasional first team player which will save us £20m. But we're not there yet
Errmmm....
This is like that bit in Mrs Doubtfire, and I'm one of the children finding my Dad half-dressed as an old woman.
- Jul 10, 2003
- 27,747
Nottseagull
Well-known member
Scholars?
While you're here, could you please explain why you and others put the quote after your reply when it's easier to do it the logical way round?
Ninja Elephant
Doctor Elephant
- Feb 16, 2009
- 18,855
Well, we might be. Connolly could end the season with a dozen goals which would make him in the £20million bracket. We could easily sell Ben White for £10million if we chose to flog him to the Championship. Ultimately, if we're in a position whereby we're losing £10-15million per season, that's one player sell. If we were worried about the loss, we'd have flogged Lewis Dunk or Shane Duffy this summer for north of £30million. There would have been takers had we wanted to sell and we're not short of marketable players in our squad.
blue-shifted
Banned
I agree that we're not worried about making the loss. I don't expect to see any noticeable belt tightening
Icy Gull
Back on the rollercoaster
- Jul 5, 2003
- 72,015
The caveat being that we stay in the PL
Presumably Hemed's pay was covered by QPR last season, so we aren't making a saving there. And while we're saving on the other 3 you mention, we'll no doubt be paying a fair bit for Maupay, Webster, and Trossard. I'm not sure we're making a saving at all are we?
Or is it the kind of saving Mrs T makes every time she buys a new pair of shoes?