How is it Derby can afford to buy players at £2.75 million?

[Baldseagull]

Money taken at the catering outlets goes to the caterers.

I guess they charge more then because their concession costs more than the average Championship catering concession? Makes sense if we have the largest gates in the division.
My point is, yes, the club makes payments to bus and rail companies, on a scale not seen elsewhere in the Championship. But we have prices for tickets and food not seen elsewhere in the Championship, so to use that as a reason for Derby seeming to have more in the kitty for transfers is a red herring.
Derby have a smaller total wage bill, the major difference is there.

 

[Icy Gull]

Derby HAD a smaller total wage bill,.

Corrected for you. If we still have a larger wage bill for players than Derby, then someone at the club needs shooting

 

[chaileyjem]

Derby seeming to have more in the kitty for transfers is a red herring.
.

Agreed. All we know about our funds this season is TB , Hughton have insisted he will be supported in this window with funds. (by Bloom)
All we know about Derby is that they have signed 4 players this season. Three of them were on free transfers. One though is for a "reported" fee in "region of" £2.75m for a premier league striker. Strikers cost..
Yet last year our main striker signing cost a "reported" fee of £2m+, Stockdale was also reported to be £1m+ and there have already been reports this season of us putting in several £m bids for players. Derby , in terms of fees, didn't spend as much as us on signing players last season.

Perhaps our recruitment should be done differently, perhaps Derby have or will end up signing better players, perhaps Derby are doing their business better this summer, perhaps Clement can attract players like Bent but Hughton can't, perhaps finishing 8th last season means its easier getting players in... Who knows ?
But the idea that they have been going on a "spending spree" compared to us for last two seasons whilst we've been sitting on our wallet (ie: Bloom) and thats the reason they beat us 6-2 in 2013/14 and had a better season last year doesn't stand up.

 

[sir albion]

Our budget is big no doubts...Just poor recruitment has let us down big time.

 

[bhawoddy]

Still plenty of sides who have only signed 1 or none so far this transfer window. Don't think for a second it's just us who haven't been particularly active just yet

 

[DarrenFreemansPerm]

Agreed. All we know about our funds this season is TB , Hughton have insisted he will be supported in this window with funds. (by Bloom)
All we know about Derby is that they have signed 4 players this season. Three of them were on free transfers. One though is for a "reported" fee in "region of" £2.75m for a premier league striker. Strikers cost..
Yet last year our main striker signing cost a "reported" fee of £2m+, Stockdale was also reported to be £1m+ and there have already been reports this season of us putting in several £m bids for players. Derby , in terms of fees, didn't spend as much as us on signing players last season.

Perhaps our recruitment should be done differently, perhaps Derby have or will end up signing better players, perhaps Derby are doing their business better this summer, perhaps Clement can attract players like Bent but Hughton can't, perhaps finishing 8th last season means its easier getting players in... Who knows ?
But the idea that they have been going on a "spending spree" compared to us for last two seasons whilst we've been sitting on our wallet (ie: Bloom) and thats the reason they beat us 6-2 in 2013/14 and had a better season last year doesn't stand up.

However some of us know they've signed 5 players, and even the free transfers will be costing them an arm and a leg.

 

[chaileyjem]

However some of us know they've signed 5 players, and even the free transfers will be costing them an arm and a leg.

Agreed. They have. Yes. And if we buy players on free transfers (Zamora ?) , then he'll be costing us an arm and a leg too.

 

[chaileyjem]

However some of us know they've signed 5 players, and even the free transfers will be costing them an arm and a leg.

And yes. Missed Scott Carson. !

 

[DarrenFreemansPerm]

Agreed. They have. Yes. And if we buy players on free transfers (Zamora ?) , then he'll be costing us an arm and a leg too.

He certainly will, and I think the majority of our fans will be happy about that, it's when we start signing sub standard players that fans get frustrated. The talent is out there, and it comes at a premium, but surely it's wort paying that little bit extra for a player than contribute as opposed to signing squad fillers, with little value, on slightly cheaper terms?

 

[reigate]

Agreed. All we know about our funds this season is TB , Hughton have insisted he will be supported in this window with funds. (by Bloom)
All we know about Derby is that they have signed 4 players this season. Three of them were on free transfers. One though is for a "reported" fee in "region of" £2.75m for a premier league striker. Strikers cost..
Yet last year our main striker signing cost a "reported" fee of £2m+, Stockdale was also reported to be £1m+ and there have already been reports this season of us putting in several £m bids for players. Derby , in terms of fees, didn't spend as much as us on signing players

But we didn't really "spend " any money on players. We received circa £15m in fees from selling players so were well in credit on that front

 

[chaileyjem]

But we didn't really "spend " any money on players. We received circa £15m in fees from selling players so were well in credit on that front

The club since being in the Championship has lost about £1m a month. Bloom funds these losses every single month. The losses would be considerably less or not there at all if he a) wasn't happy to fund them b) didn't direct the board to spend so much on players wages and fees which are higher than most clubs in the division and go up substantially year on year.

So Ulloa / Bridcutt's profits won't have made that much of a dent on all that spending i'm afraid. We're, ie: Bloom, is certainly not well in credit on the spending money on players front...

 

[Alex Alex Dawson oo! oo!]

But we didn't really "spend " any money on players. We received circa £15m in fees from selling players so were well in credit on that front

How do you come up with £15m from player sales last season?

 

[Ernest]

Chris Baird
Andy Weimann
Scott Carson
Darren Bent
Alex Pearce

Plus Tom Ince and Liam Bridcutt possibly

That is how you do deals and get the squad ready, if you're prepared to pay the going rates and not nickel and dime it

 

[B.W.]

How do you come up with £15m from player sales last season?

Not sure about timing, but... Ulloa, Bridcutt, Buckley, Barnes... we spent 'big' on Baldock, COG... about 1/5th of monies received...

 

[B.W.]

Chris Baird
Andy Weimann
Scott Carson
Darren Bent
Alex Pearce

Plus Tom Ince and Liam Bridcutt possibly

That is how you do deals and get the squad ready, if you're prepared to pay the going rates and not nickel and dime it

Well said, and we've signed...







... 1 DS player...

 

[Crewton Ram]

Just passing by and saw this thread so thought I'd give my views.

Mel Morris, who bought a minority stake in the club after the PO final last year, injected around £10M-ish of funds, some of which is being used to enhance facilities at the training ground etc, some also no doubt to pay for loaning the likes of Bent, Ince & Lingard. He's recently been appointed non-Exec Chairman and is more actively supporting the CEO in the running of the club. There's been indications that he's keen to take a majority shareholding in due course, with support from some of the current ownership group and seems willing to underwrite an increase in spending. The increase in allowable losses under FFP that kick in this season have no doubt influenced his thinking.

Whilst it appears that we've suddenly gone mad after years of careful financial control, I think it's simply this additional headroom on allowable losses that's stimulated this change of direction. It's also been acknowledged that the squad needed a major overhaul because we'd effectively 'blown' 2 chances of promotion with pretty much the same squad : thinking third time would be lucky seems to have been rejected and so far the players signed certainly address some of the weaker areas of the squad.

Despite this, most fans are expecting perhaps one valuable player to be sold to offset the spending and other players considered surplus to requirements allowed to leave also. Ward and Eustace have already been released and I expect others to follow, either for a fee if possible or perhaps on season-long loans. I think the 1st team squad will be bigger by 2 or 3 players, allot more experienced at PL & Championship level and perhaps £5M more expensive in salaries etc. Commercial revenue has been growing impressively and that has also helped them cover the increased budget.

 

[Alex Alex Dawson oo! oo!]

Not sure about timing, but... Ulloa, Bridcutt, Buckley, Barnes... we spent 'big' on Baldock, COG... about 1/5th of monies received...

.....anything really?

Barnes and Bridcutt were sold in the previous season (2013/14) during which the football club showed a surplus on player trading of £1.7m and the group posted a loss of £10.6m.

 

[spanish flair]

Not sure about timing, but... Ulloa, Bridcutt, Buckley, Barnes... we spent 'big' on Baldock, COG... about 1/5th of monies received...

I believe they were all sold in the two transfer windows of 2014 and with the reported £10 mill for the sale of Ulloa, it would be hard to think we let the other three go for less than £5 million. So I think £15 million for all four of them would not be far out.

 

[Alex Alex Dawson oo! oo!]

Just passing by and saw this thread so thought I'd give my views.

Mel Morris, who bought a minority stake in the club after the PO final last year, injected around £10M-ish of funds, some of which is being used to enhance facilities at the training ground etc, some also no doubt to pay for loaning the likes of Bent, Ince & Lingard. He's recently been appointed non-Exec Chairman and is more actively supporting the CEO in the running of the club. There's been indications that he's keen to take a majority shareholding in due course, with support from some of the current ownership group and seems willing to underwrite an increase in spending. The increase in allowable losses under FFP that kick in this season have no doubt influenced his thinking.

Whilst it appears that we've suddenly gone mad after years of careful financial control, I think it's simply this additional headroom on allowable losses that's stimulated this change of direction. It's also been acknowledged that the squad needed a major overhaul because we'd effectively 'blown' 2 chances of promotion with pretty much the same squad : thinking third time would be lucky seems to have been rejected and so far the players signed certainly address some of the weaker areas of the squad.

Despite this, most fans are expecting perhaps one valuable player to be sold to offset the spending and other players considered surplus to requirements allowed to leave also. Ward and Eustace have already been released and I expect others to follow, either for a fee if possible or perhaps on season-long loans. I think the 1st team squad will be bigger by 2 or 3 players, allot more experienced at PL & Championship level and perhaps £5M more expensive in salaries etc. Commercial revenue has been growing impressively and that has also helped them cover the increased budget.

All seems very sensible and plausible to me. Having looked at your accounts for 2012/13 and 2013/14 some time ago it seemed that your board, as ours, is committed to the principle of FFP and was "comfortable" to support an annual loss of around £7m. With Morris on the scene you now have the financial resources to support something higher, maybe up to the £13m allowed under FFP for 2015/16; I think our board would love to be "only" losing £7m. Unfortunately poor business management/control around our move to the Amex and some chequebook largesse associated with Poyet's time at BHA are still being dealt with and it may take this season to finally sort this. Having four managers in 18 months and a delayed appointment following Poyet's sacking hasn't helped either.

 

[Miami Seagull]

One thing that Derby have shown is that you can sign good players early in the summer, they have 5 confirmed now, all quality players for this division. Perhaps our recruitment team should pay them a visit - some on the job training - to see how it's done