No, they're in line with most other Championship clubs. I really don't understand why everyone fixated on the $0.5m figure a week anyway when it's not even true. We lost 18.6m in 2023/24 which is 350k a week. Almost half this mythical 500k. And that was in our most expensive season. This season we have Philogene and Greaves sales and a much cheaper squad so that weekly loss will be even less.
Our cleaned net profit is minus 27m, 18.6m figure is profit after tax. Difference is one-off expenses/incomes which is volatile and not sustainable. So theoretically club is losing 500k every week from its core operations and one off incomes/expenses for example player sales can only reduce it to 350k in year-end calculation.
Wtf is a 'cleaned' net profit? It's basically Maguire taking out player sales because he doesn't see that as something that can be consistently produced to reduce losses (a touch ironic given the club he supports). However in our case we sold even more players in 2024/25, not less. Our underlying loss was 16m. Our weekly losses as a result were 350k. We sold 30m worth of players in 2024/25 and brought in maybe 20m worth on 3-4 year contracts meaning our 'loss' for those players is their weekly wage + maybe 6m, meaning we made a net 15m-20m in player trading in 24/25. Is that reliable and consistent? Of course not, but we'll sell Mehlem, Simons, Omur, Racioppi, Alzate, Puerta and probably a few others this summer and bring in another 10m+. At what point does player trading become 'real' income for the purposes of assessing the club's health?
In Giles 4m Drameh ? Mehlem 500k Racioppi 500-700k Millar 2m Burstow 1-2m Hughes 4m Palmer 2m Belloumi 4m Kamara 3m Crooks 1m Joseph 2.5m Matazo 3m 28.5-29m Average of 3 year contract = 9.5m cost Out Greaves 17m Philogene 17m Ingram 500k? Lokilo 500k? Seri ? Oscar 1m? Longman 500k? 35-37m? Net of remaining player contracts = 32-34m Profit in 2024/25 accounts ~23-25m Back of the envelope but won't be wildly clear of the mark. Means of course in 25/26 year we have another 9.5m cost for those players (unless we're selling Mehlem, Racioppi, etc. in which case we take the full whack but hopefully get a fee for them) plus their wages. Means once again selling off 5-6 players to balance the books but that's not new nor unique to us. Sunderland if they don't go up will sell 2-3 players and go again.
Friend to dictators and racists. In addition to being an incompetent moron, it’s becoming increasingly clear he’s a loathsome individual. Even Assem and Ehab didn’t stoop this low.
I think that’s different though. A manager is expected to bring the team together and is more of a representation of the club than a squad player. Im not overly keen on Zambrano’s drugs issue but it was one time and he’s not in any sort of leadership position.
FFS! The fact he's even considering it and said all that, even if he ends up appointing someone else, leaves a sour taste.
Just listening now and 5 mins in i think the sooner Acun is gone the better off we'll be. His goal for Selles wasn't survival it was pushing for play offs!?!? WTF is he smoking? He puts the blame for everything on his headcoaches. Nothing on the players he and his team have bought. Makes no allowance for injuries. I've become convinced he'll end up screwing us up and we'll have a long journey in the lower leagues if he keeps acting like this. I certainly don't think he'll ever get us promoted from this division.