We've saved money now Campbell + Kuqi are off the wage bill

I'm sorry but people keep attempting to point this out as money saved when in reality we haven't saved anything. We didn't have these on long-term contracts and didn't sell them during one. So, we already budgetted for their wages up until the end of their deals, meaning when their wages were came off the wage bill, nothing was saved!

It's the same situation we have with Barton, when his contract runs down we won't suddenly have an extra £65k per week to use on a new player's wages because we would have already taken into account when signing players that Barton's deal will end!

The only way we'll save money on our current wage bill is selling off high-earners like Smith and Xisco before their contracts run down! Just like we did with Nolan, we saved 2 years wages at around 50k per week.

Hopefully this will now put an end to "we've saved money on blar blars wages, so why are we using the £35m on wages" AND "Ashley is diddling us out of spending the £35m by saying it being used on wages" etc. etc.

 

I understand what you're saying and hadn't thought of it like that.

However releasing Campbell and Kuqi literally means we're paying £35k or so less a week out on wages.

 

I agree entirely. But if you were going into really specific ****e, you'd have to include the fact that players have to be replaced. A bit like opportunity cost in economics. E.g. Keeping Kuqi on a 3 year deal (same as Ba) at say, £10k/p/w = £1.5 million, whereas signing Demba Ba on, say, £40,000 a week for the same length would cost £6 million.

I have no idea what I'm on about here but I hope it kinda makes sense

 

Yes and No... because paying these two players after their current contracts were up wasn't an option so we would have used this "35k" elsewhere! This is why clubs need accountants. Finance and budgets are very complicated and usually fans don't understand where a said amount of money has gone. I.E. the money "saved" on Campbell and Kuqi

 

If you think of it in football manager terms it's quite simple (not that football manager is the be all and end all)

 

I don't how to think about it in "Football Manager" terms as I've never played these types of games. Thinking about it in real terms makes much more sense to me ... lol

 

Think the way he means is the club has a set wage budget for each year, say the club say 'we want to be spending no more than £500k on wages each week' and the club is currentl spending £450k, it would mean we have £50k budget to offer new players. Whereas releasing Kuqi and Campbell would free up £35k more or so, which in turn means the club has £85k to use on new players wages.

Hope I just made sense...

 

Yes, I understand this but like I said in the real world this isn't how the wage bill of a football club is factored. You need to balance it against potential future earnings etc. Something that Leeds got wrong and which in turn led to their down fall.

 

Example

Alan Smith is on around £85 per week with 1 years to go costing NUFC £4.42m

We could go out and sign a player on a £28k per week, 3 year deal = £4.42m in this summer's transfer window. Meaning that we have already banked on Alan Smith's deal ending in 1 years time but already having spent his "saving" on a 3 years deal for the new player.

When Alan Smith's contract officially ends, fans now think that his wages are now available to be used elsewhere when in reality they've already been used 1 season previous. This happens all the time. Clubs operate above their "realistic" wage budget but the club factor in getting money back from player sales meaning contracts ending early due to the sale of that player. The paper trail is endless but it works. Just not for Leeds .... lol

 

Oh i get you now. Although at the time of signing Campbell was a possible extension depending on what happened and Kuqi was a late signing so his wages won't have gone back in. Although we have saved however much a week, the club has probably already decided what these savings are going to go towards so it isn't a saving so much as just a little bit more for the clubs overall budget.

 

Exactly, this is how clubs like Bolton can sign Anelka because they knew fine well that they would sell him before his contract was up and they re-couped his higher than normal wages through his contract ending early and the transfer fee they received!

Therefore his high wages over the 2 seasons that he was at Bolton probably evened out like a normal wages over 5 years ...

It's the same at every club

 

Do you actually think he's on that?!

 

It was just an example but probably around that figure, yes!

 

What?! I thought he was on around £55-60k!

 

With him coming from a line of Leeds then Man Utd, I'd expect his wages to be around £85k, I could be wrong!

 

People may forget but Alan Smith was hot property when at Leeds and United probably threw around £50k-£60k at him. Which means when we signed him we more than likely increased that to around £85k. Players wages rarely go down or stay the same!

 

After a quick look around, most rags and broadsheets report it at £60k, and a few other say £3 million a year (£57k). Obviously just rumours though

 

Sounds about right, like I say, I just stuck Alan Smith's name in there as an example of a higher earner. Think I got my £85k figure from what his ex-lass was spouting on twitter a month or two ago!

 

In which case...................thank gawd for AC and his cashflow from the scousers.................

 

A very good point well made Mr Toontastic however Kuqi was only a temporary replacement for Andy Carroll and surely with Carroll on a new 5 year deal and promised (so we are told) an increase on that in the summer then the club saved a substantial amount in wages when he left which presumably was bugetted for.
Campbell was supposedly on a deal which had an option for a second year which also should have been bugetted for.
Whilst i realise Cabayes deal will have included signing on fee and agents fee, which many forget about, when looking purely at wages his surely have been offset by Nolan leaving.
Hence whilst you make an excellent point and put it over very well and i'm sure things probably are not quite as clear cut as i put them above i and many other fans still see the club appearing to try to pull the wool over peoples eyes over how much has been spent up to now.
Furthermore, everyone keeps going on about the £35 Million raised by Andy Carrolls sale but what about the money raised from selling Nolan? Also surely in this complicated financial plan the club had bugetted something to spend on new players this summer anyway.
We all know "free transfers" are anything but that (contrary to the club thinking we are all thick) but lets face it, 3 players signed, 2 of them "free",one for approx £4.8 mil, against 3 players out (Carroll £35mill,Campbell, Nolan £4.5mill) doesnt seem to add up to a club with not much left to spend, not including anything previously bugetted for signings.