Transfer Embargo

Your point is fair but most on here seem to have adopted the same 'go to' default...

Every Club is the same seems to be the popular war cry?

Maybe the rest of the League is crumbling,it seems to be so BUT the key message here seems to be ....If you're going to soldier on in the face of adversity,at least pay your debts?

 

Dont the EFL monitor PAYE & NIC and VAT payments now?
A lot of clubs used to let debts build up because HMRC didnt want to be seen as the bad guys

 

I'm not sure, but they seemed to be the ones that applied for winding up petitions first.


The views expressed in my posts are not necessarily mine.

 

that was usually when they got about a year behind with payments
https://www.bbc.co.uk/sport/football/59358676

 

I think this is where nuance comes in.

When someone says that we're in a lot of debt, that we make a loss or that our wages to turnover ratio is high, then it is reasonable to point out that that is normal for clubs at this level.

But it obviously isn't normal to be delaying wages, failing to meet transfer fee commitments and triggering embargoes. And it sounds like there's more we don't know too.

So we are clearly in a worse position than most other clubs, but some of the sticks used to beat us with aren't really valid.

 

Is it? It’s a nice sound bite isn’t it
It’s been ****ed since the PL started
Yet crowds are up year on year
You may not like it but the game is far from ****ed

 

I may not like it?
Just enjoying the the debate but really dont give a **** either way.

Never worry about what doesn't directly affect you and can't change anyway.

 

Fill your boots

 

50,000/1 to win outright is not generous enough.

 

Don't most EFL clubs rely on wealthy owners to fund them

 

Shame Sheff W will take bottom spot. Would have happily taken 10/1

 

How the **** can a bookies have us at 2/1 to finish top half and only 3/1 to be relegated?

 

Bizarre odds!

 

Like the rest of us, they have absolutely no idea what to expect from City this season

 

they are more likely to finish in top half than to be relegated!

 

According to this from same year:
EFL: Wages/Revenue = 892/956 = 93%
Hull: Wages/Revenue = 29,6/21,2 = 139%

This is our main problem.

EFL without Hull: Wages/Revenue = 863/935 = 92%

means that although we are way above ratio, we actually contribute 1% increase, our budget is literally insignificant in this league. I guess that's because of parachute clubs.

 

I don't think that is our main problem. High wages to turnover builds debt, but debt itself isn't necessarily a major issue.

Cash flow seems to be our main problem.

 

3-1 for relegation. very generous