Yes they were. It depends how much you end up spending doesn’t it? You won’t havd spent like we did get up. Your books probably don’t like ours did after relegation the year before. So you will have looser purse strings. This Khan seems the type who likes to lavish on sports teams. He did say at one stage “money is not a limitation” when you go up so let’s npt pretend this guy won’t be happy to buy his way to where he wants to get to. Nothing wrong with that either as it’s the only way to guarantee survival.
Its okay doing this with us as we know you but its not fair to opposition fans - they might think you are serious.
Our business hasn’t been that bad. I’d like to think there will be a striker coming in. One capable of doing the business. Doubtful it’ll be anyone amazing but that’s where we are as a club. Anything is an improvement on what we currently have.
It is no secret that Shad Khans first love is the Jacksonville Jaguars franchise,and is possible that his bid for Wembley is driven by his desire to use the stadium as a vehicle to promote this franchise. Whilst Khan is the De Facto owner of FFC the reality is that his son Tony is responsible for the day to day running of the club. You go on to say that 'we won't have to spend like you did to get up' How much did you spend? - Ours consisted of two loan deals,Mitrovic and Targett,having said that we are going to have to spend -and spend big- to have any chance of survival in the premiership. We have currently spent 30 mil ,add to that the possibility of signing Mitrovic at 20 mil,add 30 mil for other players that we have been linked with and our summer spend will be about 80mil,and we will be left with 100 mil from our promotion windfall. Newcastle must have had a similar sum when promoted last season,so here is a hypothetical question. If Newcastle's reward for promotion was- say 150 mil how much was spent on players and where -if any - is the balance?
We bought Jacob Murphy £10m, Lejuene £10m, Joselu £5m, Manquillo £5m, Atsu £7m, Merino £7m after loaning him initially. So I think we spent about £14m more than your one player thus far. BUT we also sold Thuvan £10, De Jong after loan £3m, Daryl Murphy £2m and Hanley £3m...
I think he meant to actually get up. We spent roughly 60m (having recouped roughly 90m) but as our accounts show we still ended up massively in a deficit. I think fans have habit of thinking we bought this, sold this, so must have x. Reality is clearly very different look at the state of our finances at the end of the last financial year.
That wasn't his point. He's saying we had to spend more to get straight back up because the whole squad had to be overhauled and hence we would probably have less cash to play with last summer - we just posted losses of £90m for our championship season (artificially inflated but that's another story). Where are you getting £178m for being in the Prem from? Man City received £150m last season and they won the league. Newcastle got £123m for coming 10th and being on TV a lot more than most clubs. And there is this other thing to pay for called overheads so you won't have £100m left after you've spent £80m. You sound like some of our fans. You might bank on £110m from the EPL but player wages will go up significantly and there will be many millions been paid out in promotion bonuses. If you spend £80m net then you've been very well done by by your owner. But, if you go down the money is spent and you're in a Villa/Sunderland situation. Mike Ashley's policy is that money isn't forward spent. We can spend what cash is in the bank at the time so last year's tv cash should be available to us now, although we have higher operating costs than Fulham so we aren't expecting to see anything like £123m being spent net.
Our reward for promotion was nowhere near 150m. Yours will be nowhere near 178m. These figures simply can’t be correct otherwise our accounts would be just dandy. We are told they simply back on an even keel following a rocky period
IIRC we received £6.7m for winning the Championship and having loads more TV appearances compared the other teams. Fulham came 3rd so they will have been paid even less and it will all have likely gone on player bonuses and then some for gaining promotion. It certainly looks like Fulham will be spending money in advance of getting the EPL payments later this season if they are shelling out £20m to £30m for players. Sticking it on 'tick basically, but most likely staggered payments for players. That didn't work out so we'll for Sunderland when they got relegated but Fulham have a decent side and will stay up I reckon.
Yeah I think they are purchasing high quality too. Seri is very highly thought of and seen as another Kante. Of course there are many contrasting opinions on Mitros ability! He worked well for them so to them maybe he can be worth 20-25m in today’s market. Sessegnon (s), Cairney are young lads so can improve. That Odoi looked decent. Shane they lost Fredericks as he looked good. They are linked with a lot of 20m-30m players. If they take place fair play to their owner he obviously means business and is willing to speculate. It is a risk though. If you go down and those players values plummet you can end up in a dark place like the smelly lot from south of the river. Khan might lose interest like Mr Short.
When we went up we spent about £25m in total on players. With what we're talking here we're all just looking at the transfer fees themselves, in reality the sums are bigger when you add on signing on fees, agents fees etc. The previous summer we had made around £25m on players so over the two windows we broke about even. The figures you're quoting include a lot of money you will not have received yet and will not get any of until this time next year (and I think a shade or two larger than they will actually be). Spending money before you have it is very un-Newcastle, though granted we seem to be in a minority of 1 in that regard.
I am not suggesting that EPL monies will be paid as a lump sum,however the money will be due, and I see no problem if the owner of a football club sees fit to release funds in the anticipation of EPL payments. If our board can do this then why can't Newcastle's? Incidentally this article will support my figure. When Gareth Bale scored exactly that goal on Saturday in a Champions League final, the acme of elite-club-football competition, it was literally breath-taking. The stage, the spectacle made it possibly the greatest goal ever scored. But for all the beauty of that goal and how it will undoubtedly be admired throughout the ages, it wasn't even the most important scored that day. That accolade rests with Tom Cairney, a midfielder who has plied his trade all season in the second tier of English football. This is because Cairney's winning goal in the Football League Championship Play-Off final at Wembley was worth £170.3 million ($215m) to his club, Fulham. That play-off match has become the football equivalent of the 725,000-pound-per-square-inch pressure that forms diamonds, concentrating all the weight of a 46-game season into a single 90 minutes that bear the greatest riches of any game in the sport. And while the victors on Saturday, Fulham, will reap the benefits of this colossal financial boost, the future looks far less certain for Aston Villa.
I can't be bothered looking at the accounts, but from my understanding we have been profit making for the last few years, and the promise was we get what we generate. If we have generated TV monies and a transfer surplus, how the **** have we not spent a decent wedge on a striker in numerous windows? Dwight Gayle for £10 million, Mitrovic £10 million, Joselu £6 million, in what, 7 Windows?... when £10 million would barely cover Peter Crouch's worst testicle. I get that I'm a moany bastard, because apparently pointing out we have had a **** window is only ok after a transfer window, but is it really harsh to note that that we have had consecutive windows to bring in a class striker, and haven't. We've bought Joselu, and the other players we have been linked to are worse. Our transfer record is still buying Shearer in the ****ing 90s
I was really interested to note our sales vs our buys. Owen stands as the record 17 (not 12) years ago. In that time we’ve sold Carroll, Wijnaldun and Sissoko each for at least £8m more than our ancient record. Just plain ****ing weird.
Since the Owen transfer (and Haslam and yourself are right to point out we broke the record on that prick) I would make an educated guess that our revenue has dramatically increased (due to TV money, increased sponsorship funds, increased ticket prices, matchday sales etc etc), our wage bill has halved, and our other outgoings will be down as well (the tea lady will be on zero hours contract by this point)... I would also highly suspect that if Mike Ashley wanted revenue from shirt sales to go through Sports Direct, he could do that no bother. Yes, we had approaching unsustainable debt levels back then, but with the level of inflation since that point, I cannot believe we are still dabbling in £10 million here, £6 million there... And yet there will be people who say that anybody who questions this mathematical nonsense, the whoring of the support of NUFC, is being a debby downer.
Tight financial restrictions and two relegations have caused us to not spend big money. I think we'll break our transfer record this summer but the Michael Owen deal was far more than we could reasonably afford to pay back then and a prime example of not pissing all your money away on one huge deal. We spunked 4 years shirt sponsorship money away before ink was dry on the Northern Rock contract to pay for that little ****e and he barely played for us. What would the equivalent price be now? £60m? Even if we would want to spend that on a striker the football world has changed and I don't think players worth that much would want to go anywhere other than a champions league club. This summer will show how serious Ashley is about the 'every last penny' policy since this is the first time since the relegation season that we've had our heads above water and had some decent cash flow. If he tries to stockpile the funds again he'll **** us and we'll be in danger of relegation yet again.
