Ian Walker, Matt Elliott, Robbie Savage, Frank Sinclair, Dennis Wise and Muzzy was all on about 30K a week
I can guarantee that your revenue is lower than ours, last reported turnover was £27 mill, one of the highest in the league and only beaten by clubs receiving parachute payments. On that turnover we are *supposed* to have one of the highest wage bills in the Championship with a £15k/w wage structure. That is, our maximum wage will be £15k/w until we get into the Premier League. Our top earners (Becchio, Snodgrass, Howson) are on £11k/w and I'd imagine a decent number of our first teamers are around that. Granted, our turnover for this year come April time will be significantly lower due to Bates scaring off half the fans, but we still get a higher average gate than you and will still sell more merchandise, at an on average higher price. I'd like to state that I'm not trying to brag, I am adding some perspective to what a sustainable wage structure looks like, from a club that has a higher turnover than your own. I can guarantee that if Top was to sell the club tomorrow, your merchandise and gates and all that other stuff would not cover your wage bill.
I'm not trying to compare us to Leeds. I'm saying you're not factoring everything in when your were working the running costs out.
I tried to estimate the amount of money being spent over what you're bringing in. I did mention that income covers a decent amount of it, but I also mentioned that I don't think your income will cover the wages of all the players outside the first 11 on top of all the non-playing staff and other expenditure.
It was going so well, then you had to patronise me. It seems your loan of Muzzy Izzet began in the second half of the 95/96 season, so it would appear he played for you for slightly longer than a season outside the premier league. Either way, my point still stands. While he was on loan he most certainly was not drawing 32k/w from the coffers of Leicester City.
I actually think Leicester are better supported than the fans of clubs who won stuff 20+ years ago think.
It did no such thing. It essentially showed that that amount of money was not sustainable for your club in the Premier League at that time. There was more money in the Premier League at that time than there is currently in the Championship, sugar daddies aside. If you count parachute payments, maybe more, but your club is not receiving parachute payments so that is moot. The argument was that such a large wage structure is not sustainable for your club should your chairman sell.
Oh my days. Do I have to explain again? Our owners do not want to sell! They want to get us into the Premier League and will not go until they do. They have more than enough to get us out of this league and when they get us there the money will roll in for themselves and us. A win win for them. They'd be mad to sell.
Marko's point is correct in my eyes. Should the Thais up and leave, unless they sell us to another incredibly rich owner, we'd be ****ed. However Im quietly confident that if they decided to sell up tomorrow they'd find incredibly rich owners that could afford to pay off at the very least, what they invested. It's what Manderic did. He sold us way above what the club was worth I think and like the former Thai owner at Man City, Top et al will surely find someone who can afford to buy the club/ invest in the club. (Wishful thinking perhaps, but I have to hold some faith in the owners considering I lack any faith in their ability to appoint the right man, instead of the big name)
No, I would imagine it was after a couple of seasons that his money went up to that £32k. What I am saying to you is one player used to get £32k, and others weren't far behind. You're talking about us paying 27k for the first team now (don't know if this is accurate or not, can't be bothered to google it like you're doing). I know you're saying we're in the Championship now, but the idea was/is to be a Championship club on name only. It's not too late to do it this season still, so if it works, then it's paid off. If not, well, I guess we'll chuck more money at it, but at least we have a strong squad now, so I'm sure there won't be any another mad spending spree. Just a few sensible additions.
It's about 300 000 in the UK. Something like that, or perhaps less. I was just trying to find the rankings, saw it a while ago but I can never find the link when I google it. According to a forum with a ranking sans numbers, Leicester are ranked 23rd. I saw one with numbers and I'm estimating about 300 000 fans in the UK.
