Only a few weeks before the CL qualifier too, which is far from a given.
Any idea when we find out who we play?
Only a few weeks before the CL qualifier too, which is far from a given.
Expected tbh. So will the failure to sign VvD be.
Awful window.
Cmon tobes. These are businesses. What you are talking about is all well and good but you cannot get away from the simple terms of liquidity and solvency.
If wages are 80% of turnover and the **** hits the fan its not long til you become insolvent.
I understand and accept all you points and will tell you only one thing. Clubs are ignoring them and making **** up AND the wages to turnover us already documented widely as being too high already.
Any idea when we find out who we play?
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Tapping up. We should threaten to report them...BTW, how do you 'Agree terms' with a player without the club's permission to speak to them? Does Ford's agent have clairvoyant powers?
You're just making up 'facts' to suit your argument though.
There wasn't a current PL club who had a wages to turnover ratio of 80% in their last audited accounts, and this was up to the end of the 15/16 season and BEFORE the incremental £50m TV cash landed from the new deal.
Man City had a ratio of 51%, United had a ratio of 45% - 2 of the biggest wages bills in the league....
You also can't just say that clubs will somehow ignore the STCC rules, as they can't. Over the course of the current TV deal clubs can increase their wage bills by £7m a season, which equates to a total maximum increase of £42m over the 3 year period. The incremental TV revenue equates to circa £150m over that period.
You've been suckered by Levy's seeming prudence, when the reality is that he's trying to excuse their inactivity in the market as they're shovelling dosh into the new stadium. The money in the game is obscene, but there's safeguards that ensure clubs can't piss it all away on wages, it's a simple fact mate.
ok fair enough.... I must have dreamed the fact that this ratio has been climbing over the past 5 years then..
https://www.theguardian.com/football/2017/jun/01/premier-league-finances-club-by-club
https://www.theguardian.com/footbal...ue-finances-club-by-club-breakdown-david-conn
maybe you are right though... maybe i just rounded villa's up to 80% from 79% then.... or stokes (79%) or sunderland at 78% or swansea's at 83% or west brom at 73%
maybe i dreamed LFCs climbing from 56% in 2015 to 69% in 2016.... must have dreamed that too.
do you get me?
You can quote teams with massive revenues like utd or massive paper revenues that city make up with sponsorship deals. I can quote mid ranking clubs who are seriously running a risk there (and i hope have relegation clauses all over thier contracts with players and staff)
the TRENDS are turnover is going up... grand you are absolutely correct. Utd are about the only club going who's revenues have risen faster than their waages expenditure. they are obviously a special case
Everton:
Accounts for the year to May 31 2016
Turnover £122m (11th highest in the league)
Wages £84m (10th joint highest, 69% of turnover)
Loss before tax £24m
Accounts for the year to 31 May 2015
Turnover 8th highest in League £126m, up from £121m in 2014
Income Gate and match-day income £18m; TV and broadcasting £82m; Sponsorship, advertising, merchandise £10m; Commercial £16m
Wage bill 10th highest in League £78m, up from £69m in 2014
Wages as proportion of turnover 62%
• Loss before tax £4m,
You see the point...... You have just sunk in how many new players? and are paying how much more? I hope you are keeping it in check.
Note the turnover above looks largely to be league position..... the wages rise by 6million in the year and your turnover to wage ration rises
How about LFC...
you should know these you had a laugh about these.
Wages £208m (3rd highest, 69% of turnover)
Wage bill 5th highest in League £166m, up from £144m in 2014
Look at that MASSIVE change
........................
So i apologise for saying 80% when only one club is above is and another 4/5 are within a few percent of it. Tarnishing all the well run clubs (i referred to even)
I don't see how i am falling for levy when i've been saying it for far longer than this and used him to highlight that not only me thinks it.
You will note the wages for 7mil increase to a maximum of 42 in 3 years is basically well broken by LFC and we will much higher this season.. are we getting punished? 208mil in wages... money flowing out of my club. I think i am right to be worried.
If LFC carry on increasing like this we will we in a very undesirable position. So.... its a bubble imo and the issue is bad clubs (like us it seems) will hurt the rest when it goes tits up.
I think half the prem is at risk. I don't know what long term sunderland will do as it stands today. I hope they are balancing those books based on proper contracts slashing wages.
Swansea is scary as **** frankly.
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[HASHTAG]#summary[/HASHTAG] ?
its a bubble.... LFC are ****ed.
Everton are loss making but throwing money about so must be fine
Utd are great.
Man Utd have the biggest debt in the history of football
People act like that's fine because they have large revenues, but even with those the debt is still growing 10% per year
It's mostly in $ too so when Brexit kicks in they fold
You must have missed the bit where I said current PL teams like, as Villa and Sunderland aren't...ok fair enough.... I must have dreamed the fact that this ratio has been climbing over the past 5 years then..
https://www.theguardian.com/football/2017/jun/01/premier-league-finances-club-by-club
https://www.theguardian.com/footbal...ue-finances-club-by-club-breakdown-david-conn
maybe you are right though... maybe i just rounded villa's up to 80% from 79% then.... or stokes (79%) or sunderland at 78% or swansea's at 83% or west brom at 73%
maybe i dreamed LFCs climbing from 56% in 2015 to 69% in 2016.... must have dreamed that too.
do you get me?
You can quote teams with massive revenues like utd or massive paper revenues that city make up with sponsorship deals. I can quote mid ranking clubs who are seriously running a risk there (and i hope have relegation clauses all over thier contracts with players and staff)
the TRENDS are turnover is going up... grand you are absolutely correct. Utd are about the only club going who's revenues have risen faster than their waages expenditure. they are obviously a special case
Everton:
Accounts for the year to May 31 2016
Turnover £122m (11th highest in the league)
Wages £84m (10th joint highest, 69% of turnover)
Loss before tax £24m
Accounts for the year to 31 May 2015
Turnover 8th highest in League £126m, up from £121m in 2014
Income Gate and match-day income £18m; TV and broadcasting £82m; Sponsorship, advertising, merchandise £10m; Commercial £16m
Wage bill 10th highest in League £78m, up from £69m in 2014
Wages as proportion of turnover 62%
• Loss before tax £4m,
You see the point...... You have just sunk in how many new players? and are paying how much more? I hope you are keeping it in check.
Note the turnover above looks largely to be league position..... the wages rise by 6million in the year and your turnover to wage ration rises
How about LFC...
you should know these you had a laugh about these.
Wages £208m (3rd highest, 69% of turnover)
Wage bill 5th highest in League £166m, up from £144m in 2014
Look at that MASSIVE change
........................
So i apologise for saying 80% when only one club is above is and another 4/5 are within a few percent of it. Tarnishing all the well run clubs (i referred to even)
I don't see how i am falling for levy when i've been saying it for far longer than this and used him to highlight that not only me thinks it.
You will note the wages for 7mil increase to a maximum of 42 in 3 years is basically well broken by LFC and we will much higher this season.. are we getting punished? 208mil in wages... money flowing out of my club. I think i am right to be worried.
If LFC carry on increasing like this we will we in a very undesirable position. So.... its a bubble imo and the issue is bad clubs (like us it seems) will hurt the rest when it goes tits up.
I think half the prem is at risk. I don't know what long term sunderland will do as it stands today. I hope they are balancing those books based on proper contracts slashing wages.
Swansea is scary as **** frankly.
[HASHTAG]#summary[/HASHTAG]
Barcelona are chatting **** and not even transfer journos are falling for it