Maybe these interviews wont work without an account ?? https://www.hullcitytigers.com/tigers-tv/tvplayer/0_9x47eqnn/ https://www.hullcitytigers.com/tigers-tv/tvplayer/0_jte8i0w6/
Our players are paid far more than burtons are. We paid players more, bankrolled by the Allams, the Allams aren't going to do that now. For us to get better players we will need a new owner to bankroll us. The other way is to produce our own or improve lower league signings. Those are the facts. All championship clubs are in debt. It's not sustainable.
Massive club... #SWFC loss increased by £11.0m from £9.8m to £20.8m, even though revenue rose 6% (£1.4m) from £22.0m to £23.4m, mainly due to substantial investment in the playing squad, resulting in wages surging 52% (£10.0m) from £19.3m to £29.3m and player amortisation up £3.0m to £6.2m. In fairness, almost all Championship clubs lose money, as they gamble on promotion, e.g. only Wolves were profitable in 15/16. That said, #SWFC £21m loss is the second largest of clubs that have reported to date in 16/17, only below Brighton (impacted by £9m promotion bonuses). SWFC have consistently lost money, only reporting a profit once in the last nine season. However, losses have been rising over last 3 years, aggregating £35m over that period. In fact, the club lost a total of £50m in the last six years with £21m from last season alone.
Forest... #NFFC wage bill was cut by 7% (£2m) from £30.6m to £28.6m with number of staff falling from 222 to 197 (mainly in non-playing). Allied with the revenue growth, this has reduced the wages to turnover ratio from 166% to 137%. gross debt fell £29m from £71m to £42m, comprising £22m from the new Greek owners, £19m to former owner Al Hasawi and £1m to other related parties. Debt would have been considerably higher without capitalising £66m of old Nigel Doughty debt and writing-off £58m of loans.
please log in to view this image Mark Jenkins returned to West Brom in February West Brom chief executive Mark Jenkins says he has been "shocked" at the state of the Premier League side's finances since returning to The Hawthorns. Jenkins said "there's no more money for wages" and that the club will need its first overdraft in more than 10 years. Albion look set to be relegated from the top flight as they are 10 points from safety with seven games left. "We have wages, transfer and loan fees at record levels and yet find ourselves in this position," said Jenkins. Jenkins, who left Albion in 2016 following Guochuan Lai's takeover, returned to the club in February after the sacking of chairman John Williams and chief executive Martin Goodman. Although the club's accounts filed up to June 2017 showed pre-tax profits rise to £39.7m from £1m, Jenkins has warned that West Brom's finances need rebuilding. "In the accounts there is a note which the auditors insisted that I put in to point out that in the near future the club is going to need a small overdraft facility," Jenkins told BBC WM. "That's something new to the club. It hasn't needed one for over 10 years, but it reflects the season we have gone through and the amount of investment that the board made into both the first-team squad and the infrastructure of the stadium. "We are at record levels on wages, we have broken our transfer record and have loan fees at the highest level. There has been full investment - and a little bit more as well - hence the need for an overdraft facility. "I've just come back into the club after just over 12 months out and I'm shocked by what I have found. We need to restructure the club so it is able to compete and exist long-term in the Premier League."
Chazz I cant believe that you don't think the likes of Dawson and McGregor plus I suspect many others aren't playing for contracts elsewhere. I would wager half the current squad wont be offered decent deals and they know that and will be looking to play elsewhere. I am a big fan of Adkins, always have been since he succeeded Laws and would be only too happy to say its all down to him. But I and many others think Ehabs derisory offers or lack of them are a big reason for our current form.
I know all that and they have got a bit carried away with themselves this season, but they’re still debt free and likely to come straight back up next season.
Everyone thought boro would walk it this season. Villa were favourite last season. In **** street if they don't go up this year now.
Norwich. the bit in bold is pretty much what we are doing. The Canaries’ chairman and managing director Steve Stone underlined the scale of the financial challenge facing the club if they fail to clinch Championship promotion this season. Stone forecast a 21pc year-on-year drop in revenue for 2017/18, with broadcast revenue forecast to shrink to £38m (that includes the final parachute payment) compared to £71m during City’s last season in the Premier League. The managing director did forecast a £2.1m profit for 2017/18, due largely to player trading, which saw the club bring in a surplus of £9.3m in transfer fees during this past summer and reduce the combined weekly salary of the playing squad by £173,000. Balls confirmed sporting director Stuart Webber is under no pressure to sell players in the upcoming January transfer window, but acknowledged that trend would have to continue should the club remain in the Championship. “There is no financial pressure to make any changes to the squad in January,” he said. “There is no requirement to sell players. We can handle the deficit but of course if we want to bring in new players we would have to raise resources to do so. “If we are not promoted at the end of this season we face a substantial financial challenge and tough decisions will have to be made. “Longer term, if we stay in the Championship the wage bill must be reduced and that will happen naturally as contracts end and we have to create a pipeline from the academy. “So far it is fair to say we would have hoped for better results at this stage of the season. “The jury is definitely out on the success of the changes we made to the football structure, based on current results. But the structure is now embedded. It takes time to deliver cultural and footballing change.”
I think unknown youngsters who are after a contract elsewhere 'may' be playing for that but, the likes of Dawson, McGregor, Meyler etc don't have to - they're known commodities, interested clubs know exactly what they're getting from experienced old pro's.
Tell you what Chazz you're doing a great job of showing why I think we have fallen off the boat and let it get so far ahead we won't be able to catch up. Yep Sunderland are even worse than us, and Middlesborough the same as us could be better off next season. But how can clubs in the Championship compete with the likes of WBA 40 million in profit, the parachute payments, better players, worth more if the have to sell them. Right now is the middle of a change, mind the gap it's ever widening.
Why millwall are in the play offs with a small squad small wage bill. Boro aren't the same as us as they have an owner prepared to write off millions of his own money, as he has done in the past. Same with Stoke.
See my last line. The times they are a changing. A rich sugar daddy can swim against the tide of course and then there is always the chance of a fluke (like Lester winning the PL) I just think those things will be less likely in the future and the yoyo clubs will be financially miles better off than your run of the mill championship team.
