Problem is... as good as our current injury situation is... we normally have at least 6/7 out long term injured; someone is guaranteed to do a knee in pre season at some **** hole in a warm up match, leaving us with!!!... enough for a team, with academy players on the bench...
And that's the Championship in a sentence ...... 19 of the 24 Championship clubs have played in the PL and they'd all like to go back; the Championship is a league run on 'tick' by the majority of clubs, financial madness everywhere. The Allams have looked into the abyss and they're not going back ........ dream on ladies.
The issue I have is we could easily have spent more last season by breaking even or even making a profit. We could have invested more money in players and pushed for promotion without breaking the bank. Living within our means is a red herring, they have no intention of pushing for promotion. We are living well within our means this year. Based on the profit from sale of players we could have spent 20m and still made a profit. Let's not kid ourselves we are some poor relation, income wise we are in the top 5 in this division, next year easily top 6/7 yet our wage bill will no doubt be bottom 19 next season. So let's stop pretending we are poor little old Hull. We are Hull City of recent Premier league past with parachute payments. We just have owners who dont give a **** and want to bleed us dry rather than plan for the long term success of our club.
Money has been gambled. Gamble was successful (although not as successful as it could have been). Cashing out and leaving it for the next guy to gamble or not. I love how people talk about the profits in years like last year and ignore the losses in years when the owners pushed the boat out. There are numerous reasons to lambast the Allams but, if (and it's quite a big if) they leave the club to a new owner in the same league as when they bought it, with very little debt, having spent nearly half of their period of ownership in a higher division, then that's decent financial management (even if they've ripped the soul out of the club and has their arses saved by TV money).
There will be very little spent if anything, the loan market will be used, and that means players will come in at the last minute. Can see Clackstone, Batty, Olley and Mannion possibly Fleming as cover for Kingsley at left back being in the match day squad. Keane Campbell Dicko Toral, Evandro, Henriksen, Irvine, Stewart, Weir, Batty, Olley Kingsley McDonald, Mazuch, Clackstone, Fleming Marshall, Burton, Mannion That gives you 19 players, didn't Nigel say he wanted a squad of 20 + 3 keepers, so 4 places left to fill that will probably be loans. I would hope they negotiate a new deals for Moses, Larsson and Meyler as well as McGregor, but probably unlikely.
What stats? It is the simplest thing to calculate who came down with parachute payments? That will make up the majority of those clubs turnover. If you need me to walk through the companies accounts with you when they come out let me know. Also I agree with Imperial from the Allams point of view they have managed our finances well. From the point of our football club they have spent what? Nearly 500m and what do we have to show for it? Nothing but my memories, no assets, no amazing academy, a squad hastily assembled. We have received some huge amounts through TV deals and got bugger all to show.
Oh please do walk me through the accounts, imp you're fired, yes show me where all the money has gone. So they have managed our finances well or have bled us dry? Can't be both can it. What assets would you like to have? There are no assets for a club like us. They don't own the stadium. Norwich, in a better position financially than us and said they have a 35 million shortfall to deal with. I'd wager it's on player wages mind.
From the last set of accounts for each club: Norwich City - Income £76m, Loss £2.6m, debt £2m (profit from player trading this season £15m approx). Hull City - Income £117m, Profit £35m, debt £60m (profit from player trading this season £35m approx). We were financially far better placed to attempt an immediate return, but decided against investing to do so, as the owners have managed the finances well for their own benefit, but obviously not for the benefit of the club (Norwich said they'll potentially have a £30m shortfall next season, as they'll have no parachute payments, but they haven't incurred those losses yet and can act to avoid them should they wish).
Of course it can. I run my business for the benefit of me and the shareholders but I reinvest the profits to make it a sustainable long term business and own the premises etc through the business so in the long run the returns are far greater. The Allams however are clearly trying to withdraw the profits for their personal benefit. They don't want to own a start of the art training ground, a state of the art youth academy etc.... They just want to make short term gains. That makes great financial sense for them, but not for us as a club. Yes they will make more from it but we won't as a club. Please explain the Norwich situation? I discussed specifically income and clearly ours is greater than theirs as is our profit.
as well you know the Allams invested heavily in Steve Bruce - we were almost £100 million in debt at one stage because they trusted him - unfortunately he ****ed up Europe, he ****ed up the cup final and then got us relegated having been given more money than every other manager in our history - at least he managed to extend his son's contract for two years in which we saw 9 appearances maybe if he spent a quarter of the energy on the team rather than enhancing his sons cv we would never have been in this mess - anyway he then like Oliver Twist he went back for more - of course they didn' trust him with the purse strings they thought we'd better get our money back before we lose it all - and that' entirely the reason were in this mess - Brucie ****ed up and the Allams didn' trust him with another £20 or £30 million and not get us relegated again - I hate what the Allams have done to this club but fully understand why they decided enough was enough
Every penny Steve Bruce spent on fees was recouped when we sold the players he signed, I doubt there another manager in this league who can say the same.
The only aim the Allam's have is to get the debt repaid to Allamhouse asap in a way that doesn't involve pitchforks and riots at their homes. That might as well be the club's mission statement.
In hindsight we/the Allan's recouped the money. And could be argued it was Silva who made the players to bring about big money transfers. On top of what Bruce HAD spent how much more was he rattling his tin for? I can understand the Allams closing the purse.
Apparently the Maguire transfer was in last season's accounts. Profit from players sales this season will be more like £15m
It could be argued, but not very convincingly, they were all starting players in Bruce's last season and we'd already rejected bids for Maguire and Robertson in 2016.
