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What am I missing?

 

100% agree, the gap will keep widening with the Premiership parachute payments, especially with teams like Norwich not even trying to compete by spending money when in the PL. It seems they are happy exisisting as a Yo-Yo club.

 

Do the rules need to change to allow the non-parachute clubs to compete on a more level playing field? It is becoming more obvious each season that the system, although not totally broken, needs a serious overhaul because it would appear that some luckier clubs are reaping the benefits of failure by constantly dipping into a fund to supposedly offer financial help to clubs who fall from grace return to the top flight. This outdated system is quite clearly creating the us and them concept and that will only hurt clubs like us in the longer term and no matter how we feel it looks like the old tie brigade is here to stay. Are there any of us out there who feel that Bristol City is as big a club as Norwich, Bournemouth, Watford, Fulham or Brentford who are just a few who have milked the parachute payments to it's limits and almost look as if they budget their future based on that regular income stream.

P.S. Would we receive parachute payments if we were to drop into League One? Of course not because why would you subsidize failure?

 

That's not what RR predicted with all these NP signings coming in!! We are going for it according to him..

 

We’re skint, so like he says we won’t be spending players unless we get monies from either sales or sell on clauses.
RR and others won’t see it and blame the Lansdown’s as holding him back by not chucking money at him this summer.

 

That progress we were promised on the back of LJ's sacking.....Mind blowing

 

We have got where we are by years of mistakes and neglect and trying to find the single culprit is useless because it doesn't matter and we need to focus on the future. What that future will be is dictated by what we are able to do in the summer and frankly I think the reins have been tightened to a point where we might not do much of anything. This nebulous rebuild and clear out will take some crafty dealing and we have to hope that Nigel and his banker are up to the task but only time will tell the proof of the pudding. It seems to me that being a Bristol City supporter is full of promises followed by even less promise.

 

ALL CHAMPIONSHIP clubs should have submitted their 20/21 accounts by now. the EFL WILL NEED TO assess the 2 year covid interuptions into the final figures.
Hopefully by at least the first couple weeks of the transfer window a decision will be made regard1ng any "overspend/ rule breaks!. If consideration is taken "outside of parachute payments recieved"
I read some time ago, possibly when the last change was made? that the object of the payments were to cover the contracted wage bill [ mostly ] they reduced the times they got PP from info on how it had panned out in previous years. Statement was it was not to substitute bad accounting / over spend = aid profit!

Should we be in a position to "adjust the £39m over 3 years" then maybe we could spend a bit ... say £10m ! Bearing in mind our argument to EFL was our business model!

 

If Nige is not given funds then I fully understand-he will have to work his magic on a budget.
Like he says he has never been a big spender.
Covid-Mr Ashton is where the fault sits.
However Mr L had the final decision so it sits with him.
Nige obviously is up for the challenge-if he wasn’t he would walk.

 

Friday 8th

Very few teams had money this season either, yet many of them are doing far better than us. So the argument of no money doesn’t wash with me. What money NP has had he has used badly imo

 

Where has he used it badly ?

Simpson -very bad-no fee-i was told first hand by a young players fathers massive attitude and Billy Big Bollocks.

King-good player clearly not fit -no fee

Tanner-excellent signing-small fee -excellent prospect for what he paid.

James-excellent signing-no fee- runs the midfield

Atkinson-excellent signing and value at 1 mill

Klose-excellent signing class player -no fee -should offer him a deal.

Agree other clubs have done better however the nucleolus of the team is the old brigade with some excellent youngsters which have come through.

I hold judgement as said many times until it his his team and chosen players.

I'm amazed NP has the appetite for this massive shake up-does he need it clearly not I would imagine he is very comfortable financially.

He has already called the Lansdowne family out and told them exactly where the football club sits-LJ and DH would have never done that.

I am intrigued to see what he brings in for next season.

Dan Bentley article in the sun was the guy that mentioned city were going for it next season-not quite sure how that sits after NPs comments yesterday about funds.

 

I agree with Rob on this comment below-

Rob Skeates

@RobbieSkeates
·
12h

Replying to
@GeeMacGee
This is where a manager earns his stripes. Personally, in these circumstances, there’s not many managers I’d rather have.

 

WOW second highest losses in the championship -someone has to take a huge look in the mirror-something is seriously wrong with the way the club is run-

https://www.bristolpost.co.uk/sport/football/how-bristol-citys-384m-losses-6921841

Bristol City - £38.4m loss
The Robins have blamed the collapse of the transfer market for their worrying figures as after posting a profit in 2018/19, their losses continue to rise against an unsustainable wage bill. Player sales plummeted from £25.6m to £6.2m, while player salaries grew by six per cent to £35.3m which the club has since looked to reduce considerably.

Fulham - £94.4m loss
The Cottagers experienced a steep rise in their wage bill in the Premier League - from £72m to £113m - plus around £60m was spent on infrastructure projects such as the redevelopment of the Riverside Stand at Craven Cottage. To fund the losses, Fulham borrowed £151million from owner Shahid Khan in 2020/21 and a further £93m since the end of the season.

Nottingham Forest - £15.5m loss
Forest’s sale of Matty Cash to Aston Villa and a historic loan write-off helped keep losses under £20m, after initial operating losses of £34.4m, as owner Evangelos Marinakis converted £12m of loans into equity. However, Forest also recorded a wage bill of £37m that equated to £202 for every £100 of income.

Middlesbrough - £30.8m loss
Boro trimmed their wage bill from £30.9m to £26.9m but the end of parachute payments coupled with the impact of the pandemic of revenue meant they recorded sizeable losses. They did make a £4.2m profit on player sales but that included £7.2m spent on incomings and loan deals to try and remain competitive.

Reading - £35.7m loss
The Royals were docked six points in November after their losses exceeded the EFL’s threshold over a four-year period, by £18.8m. For the financial year ending 2021, Reading confirmed a wage bill of £32m with plans to reduce it to £21m for their next set of accounts.

Cardiff City - £11.2m loss
The Bluebirds slightly reduced their wage bill from £27.6m to £26m, but profits on player sales stood at just £2.9m, compared with 2019 as £13.7m was made. This was the second season of the club being in receipt of parachute payments with owner Vincent Tan lending £16m to cover costs during the pandemic, increasing the club’s debt to £109.5m.

Millwall - £13.1m loss
The Lions wage bill grew by 10 per cent to £20.8m, while reductions in revenue led to what is a record loss, increasing from £10.9m the previous year. Profit on player sales grew marginally from £100,000 to £700,000 but the Lions have been unable to post a profit for the 19th straight season.

Preston North End - £13.5m loss
PNE’s losses doubled amid the pandemic with their wage bill also rising from £17.6m to £20m. They were unable to offset this with any significant player sales, raising just £1m in transfer revenue, down from £7m the previous year. That was despite the exits of first-team stars Ben Pearson and Ben Davies, but they left for minimal fees due to their expiring contracts.

Stoke City - £5.4m loss
The Potters made a profit of £45.3m selling and leasing back the bet365 Stadium and Clayton Wood training ground to bet365 (we know). That transaction occurred a month before the EFL changed the rules on such practices. That enabled Stoke to keep their losses to relatively low levels as they made just over £12m on player sale, predominantly from Nathan Collins joining Burnley, but had one of the highest wage bills in the division at £50m in what was their final year of receiving parachute payments.

Blackburn Rovers - £6.6m loss
Blackburn managed their way through the pandemic-hit season primarily by the £17.3m sale of their training ground to Venkatashwara London Limited, a new branch under the ownership of Venky's London Limited, who own the club and have subsequently leased it back. That significantly helped offset a wage bill that increased from from £25.6m to £25.7m and represents 177 per cent of turnover. Blackburn’s figures did not include the sale of striker Adam Armstrong to Southampton as that will appear in the next set of accounts.

Hull City - £8.15m loss
Published back in October, before Acun Illicali’s purchase of the Tigers, Hull were the first Championship club to submit their accounts for 2020/21. Relegation from the Championship and playing matches behind closed doors saw income fall from £15.11m to just £6.86m. That was, in part, offset by a wage bill that was halved from £17.75m in 2019/20 to £8.44m in 2020/21, but the club raised just £2.87m in player sales, compared to £22.75m the previous year.

QPR - £4.5m loss
The Rs made a £17.6m transfer profit, predominantly from Ebere Eze’s move to Premier League Crystal Palace for £19.5m. That ensured the club were able to dramatically reduce their losses, even in the pandemic, from £16.3m to £4.5m, despite a £3.8m reduction in other revenues.

Coventry City - £4.7m loss
The Sky Blues almost doubled their wage bill - from £5.9m to £11.8m - and received modest income in the transfer market, just £1.8m of profit, but were still able to keep losses to a minimum. That was primarily due to a £5.1m increase in turnover following their promotion from League One, including broadcast revenues and solidarity payments plus supporters purchasing ‘Championship Club Membership’, payments that guaranteed them priority access to season tickets but were essentially to help keep the club afloat during the pandemic.

Blackpool - £4.8m loss
Despite eventual promotion, losses rose by £2.2m because, like other successful clubs in 2020/21 they were unable to benefit in terms of matchday revenue. The Seasiders did still raise £770,000 in season ticket sales, with those supporters not seeking refunds, while they received £579,000 from streaming income.

Peterborough United - £1.08m loss
Posh reduced their losses from the previous season by £2.5m as they gained promotion to the Championship, albeit while being unable to maximise matchday revenue due to the pandemic and playing the entire season behind closed doors. Their figures were helped by the sale of Ivan Toney to Brentford, a deal that could be worth £10m to the club plus any further add-ons that could be accrued should he be sold by the Bees.

Luton Town - £1.9m loss
The model of how to run a club on modest means but remain competitive and, in the case of this season, potentially successful. The Hatters’ wage bill was just £14.1m, one of the lowest in the Championship.Their transfer activity almost balanced out with £2.6m spent on new arrivals, and £2.2m received in sales.

Barnsley - £4.2m loss
Despite the relatively low number in the context of the rest of the division, the Tykes’ losses actually rose from just £280,000 in the previous 12 months to £4.2m due to a 14 per cent drop in revenue and 22 per cent rise in wage expenditure to £14.3m. The club received £7.9m in transfer revenue, based on instalments from previous deals.

Sheffield United - £9.5m profit
The period covers the Blades second season in the Premier League, hence the healthy figure in the black as their turnover stood at an impressive £115m. They did also reduce their wage bill, from £77.9m to £56.5m, which helped balance the books albeit with the club then finishing rock bottom of the division and leading to relegation into the Championship.

Huddersfield Town - £2.6m profit
The Terriers managed to raise £21m from player sales - Karlan Grant to West Brom and Terence Kongolo to Fulham - but also reduced their wage bill by 19 per cent, from £30.3m in 2019/20 to £24.6m following the departures of highly-paid individuals who were with the squad in the Premier League. It was also the second season for the club to be in receipt of parachute payments following their relegation in 2018/19.

Bournemouth - £17m profit
The Cherries’ fall into the Championship and the loss of matchday revenue was significantly eased by raising £55.8m from play sales including Nathan Ake (Manchester City), Aaron Ramsdale (Arsenal) and Callum Wilson (Newcastle). They also halved their wage bill from £107.9m to £57.9m, due to departures, either via transfers or contract expiry, and relegation clauses kicking into various players’ agreements.

 

Now you’ve posted this, you can see there is no money without falling foul of FFP. We can’t change the past so no whining about Lansdown not backing NP as he can’t without points reduction issues forthcoming.

 

Any other business would have gone under -someone has to question why it has got this bad even with covid.

NP has my full respect taking this **** show on.

 

Unless the FFP rules change to acknowledge COVID (unlikely) then our purse strings are firmly tied shut.
Our hope rests with our homegrown kids and 'unknowns' that the Prem and Championship scouts have somehow missed.

 

When you analyse it no income last year-a wages bill of 35.3 million -so our loss is wages for last year which i can understand. SL has paid there wages for a year.