Doesn't seem like any of the parties involved are getting anywhere close to a solution to the competitive disparity that FFP/PSR rules are causing. I suppose it's going to have to wait for the regulator to sort it once it's up and running.
Man U appear to be in deep **** with it but will carry on regardless and will somehow bend the rules From the grauniad Winning the Europa League, quite apart from the emotional boost of a trophy and a night of celebration in Bilbao in May, would also bring qualification for next season’s Champions League and an injection of about £160m, desperately needed for a club that lost £113.2m last year, and which over the last three years has lost almost three times the £105m permitted under profitability and sustainability rules. Certain aspects of that can be discounted for PSR calculations which means United are unlikely to be in breach in this window, but the situation is far from healthy.
What this means for City…we can have a 41.5 million loss over a 3-year period. If the figures are right we made the following losses; 22/23 - 5.2million 23/24 - 18.8million 24/25 - ?? If I’ve got the figures right our wages went from 130% of revenue to 140%. Meaning we lost 5.6million and 8.4million before players sales but with ‘Other costs’ (I imagine player purchase and agents fees) of 11.7million and 13.2million, we lost 20.6 and 26.5million (once amortisation of players 3.3 and 4.8million is taken into account). Our overall position was then impacted by players sales. In 22/23 we benefited from 15.2million on players sales in comparison to 8.3million for 23/24. With the Greaves and Philogene sales (depending on how long these are paid over) we should have a better profit on player sales this year. If we estimated that Revenue is up slightly to £23million, wages/costs up to £45milion, £5million for amortisation and profit on players sales at around £15million (a lot of guesswork I know!) - the. We would sit at a loss of £12million. Added to last year (total 30.8million). it would leave us with an acceptable loss of £10.7million for next year. With very few players sales (big profit) we will have to be careful how we spend next season, both on wages and fees to stay within this. Our low revenue/high wages are making things hard to work with. Fortunately, we have less reliance on loan players this season, so our player turnover should be much lower. Coupled with Sellés looking to trim squad numbers (lower wage costs) we could make a small number of smart signings and be much more competitive next season. If Acun is wanting to make a marquee striker signing we may have to offload a couple.
We can pretty much have ball park figures of revenue and costs but without ever getting full disclosure on the fees received/paid that’s were the guesswork comes in. I think we’re in an ok position. However, if Acun wants to spend £8-10million on a striker we might need to balance the books.
The guess at £15 million profit on player profits could well be £20million. Would make a big difference if we knew this figure.
Don't take too long thinking about us signing a £8-10m. striker. The views expressed in my posts are not necessarily mine.
PSR calculations are basically impossible for us as fans to figure out as there’s nuances to what is and isn’t included from P&L sheets. That being said the club’s motto has been pushing everything to the very edge and a self admittance we pushed it slightly over last year. We may need one sale this summer just to keep things ticking but I hope that we aren’t in a situation like last having to sell prize assets like Greaves and Jaden last year.
We just need to get rid of what we don’t need and be careful with our signings. Selling Racioppi, Palmer, Giles and perhaps even Ömür would go a long way to reducing our wage bill and recoup some money in the way of transfer fees. Only sign one of Puerta or Zambrano instead of both (my preference is obviously Puerta) etc. Need to prioritise a left-back in the summer.
Yeah can see the summer shopping list being something like this if we stay up back up keeper Left back Striker Gelhardt permanent Puerta permanent
I think we should keep Zambrano as well. I’d like to see how he plays in a team that uses the midfield. I think he’ll be similar to Alzate and we could do with someone to share the burden in that role.
We do need another defensive midfielder but I don’t think we should spend the money on Zambrano. It’s a lot of money and it’s a risk. We’d be better off signing a player like Kyprianou or someone else of that ilk. Kyprianou would be ideal because he’s out-of-contract, still young and has plenty of experience of English football, albeit in League One. He’s also versatile and can play as a defensive mid, box-to-box or even as a centre-half (he plays there for Cyprus).
West Brom released their accounts today. This updated wage spending graph from Kieran Maguire shows in black and white what we were competing against last season: Hopefully we can now put to bed any idea that we failed or underachieved by finishing behind West Brom and Norwich.
