Off the field operations

[Iain]

Doesn't include any decent player sales mate. They come just after. So the Stewart money , lihaji etc.

S

Doesn't include any decent player sales mate. They come just after. So the Stewart money , lihaji etc.

So it also won't include any of the new signings from the summer which where more than we brought in from sales which will mean more losses. So if KLD has had to use his own money , yet people still claim he's tight, there has been plenty things wrong this season but I'm sure he's here for the long term with the right intentions. It also shows to be successful we have to get to the PL as soon as possible.
Loads of people stating he's happy for championship mediocrity yet that's going to cost him 9 million a year why would he be content with that

 

[Iain]

How can you reference them fees and say bargain basement in the same sentence?

Name another club who within 2 years of being promoted to the championship have spent more than us.

The actual recruitment needs to be, and has been, questioned. The amount we have spent and the 'ambition' cannot be questioned.

Problem is mate, so many want success now, Ipswich have done fantastic this season. If they are promoted as it seems, how many of there current squad are PL quality, very few, so yes they will get the TV windfall money but that is nowhere near enough to buy a PL squad.
What we have tried was signing players that in 2/3 years will be PL quality so when we go up we are not starting from scratch.
Have they done that with the signings, that's a different story, but I'm not righting any of them off yet
AA, Jobe, Ba, Huggins, Cirkin, Ballard,Alese and Ekwah I think could be. Then there are our youth players coming through, and the players we have out on loan could also come good.
There needs to be that balance with a bit more experience, let's just hope the new head coach and set up get this right.

 

[Lucky19672]

Look at our financials from today. We've spent an absolute tonne considering we haven't been in the championship for 2 years yet.

The accounts are from 2023, almost a year ago. Not where we are today.

 

[SourPatch2]

The accounts are from 2023, almost a year ago. Not where we are today.

Yes and them accounts show we spent a lot in the first year in the championship, and I guarantee next year our numbers will be even higher.

 

[Teessidemackem]

Eh???? Pisstake or serious? Mckenna is unbelievable at what he does.

Broadhead turned us down because of Alex Neil btw, think it was his mam that confirmed that.

So have u always been a fan of.him? How long have u known of him ffs

 

[Teessidemackem]

Yes recruitment hasnt been great but thats got nothing to do with lacking ambition

We have spent money, thats not shopping around the bargin basement at all - weve just made poir decisions

We have tried a different approach to other teams and have committed to it - thats showing ambition imo (especially when you back it up by spending money, which we have)

We just havent recrutied well enough

Not looked round the bargain basement but we bought a.Benfica B team player, brought Burstow in on loan.. Yeah ok mate

 

[SourPatch2]

So have u always been a fan of.him? How long have u known of him ffs

McKenna? Was well documented that he was on OGS's staff at United and he's pretty much been class since he arrived at Ipswich. We were in the same league as them when he was appointed.

 

[Montysoptician]

Cant compare to GOM's knowledge on RTG, but I am an accountant and these are some things I took away from the accounts (imagine some have already highlighted these).

Important thing to remember is that this covers 01/08/2022-31/07/2023. So any transfer activity that happened from August 23 onwards will not be shown here. That's the frustrating thing with accounts deadlines, accounts are always out of date. The 'headline figure' is the £9m loss, which obviously while you dont want to making losses, it isnt uncommon at this level, and in fact we were one of the better performing 'businesses' of championship clubs in this period (and remember, no key sales up to this date, i.e Stewart). Gate receipts were again our top source of income, and along with other 'fan sourced income' (retail, conferences etc) the fans really do make up a significant part of our income. TV income more than trebled with this being our first year back in the championship.

Our signings over this period cost £7.7m. This does not necessarily mean we spent all of it in the same period but a pretty decent outlay for a team coming out of several years in league 1 (IMO). Again, this wont include any August 23 / Jan 24 signings. We owed around £6.7m (£3m by July 24) on transfers to other clubs/agents and were owed £830k from player sales by July 24.

As of July 23 KLD/Sartori have introduced a minimum £18m into the club (unknown the split between the two) and have noted that it is their intention to convert this to equity which basically means, they will write off the £18m debt the club owes them. Further significant capital expenditure (5G in the stadium etc) has also been committed too.

One interesting thing I noted was that we have contingent liabilities relating to future player sales of £24.6m. This isnt reflected in the figures until it is probable that we will have to pay this money. Id guess these will be clauses in some of our transfers, for example say we said to spurs well give you £2m if we get promoted to the PL with Clarke, or to Birmingham we'll give you £5m if Jobe plays for England etc (these are made up).

Wages obviously increased following promotion to £22.8m but I havent seen how this compares to others in the league (I have read its pretty competitive).

To summarise, I would say the comments we've seen in the past that KLD isnt putting money in, or we are being tight with transfers/wages just doesnt appear to be true, especially at this stage in his tenure. Again these figures are nearly a year old, so we will have to wait a while to see the impact of this seasons business, but I am comfortable with the figures I have seen and the commitments KLD has made going forwards. Hopefully this wasnt too boring for yous!

Cheers for that Flash

 

[LD19SAFC]

Cant compare to GOM's knowledge on RTG, but I am an accountant and these are some things I took away from the accounts (imagine some have already highlighted these).

Important thing to remember is that this covers 01/08/2022-31/07/2023. So any transfer activity that happened from August 23 onwards will not be shown here. That's the frustrating thing with accounts deadlines, accounts are always out of date. The 'headline figure' is the £9m loss, which obviously while you dont want to making losses, it isnt uncommon at this level, and in fact we were one of the better performing 'businesses' of championship clubs in this period (and remember, no key sales up to this date, i.e Stewart). Gate receipts were again our top source of income, and along with other 'fan sourced income' (retail, conferences etc) the fans really do make up a significant part of our income. TV income more than trebled with this being our first year back in the championship.

Our signings over this period cost £7.7m. This does not necessarily mean we spent all of it in the same period but a pretty decent outlay for a team coming out of several years in league 1 (IMO). Again, this wont include any August 23 / Jan 24 signings. We owed around £6.7m (£3m by July 24) on transfers to other clubs/agents and were owed £830k from player sales by July 24.

As of July 23 KLD/Sartori have introduced a minimum £18m into the club (unknown the split between the two) and have noted that it is their intention to convert this to equity which basically means, they will write off the £18m debt the club owes them. Further significant capital expenditure (5G in the stadium etc) has also been committed too.

One interesting thing I noted was that we have contingent liabilities relating to future player sales of £24.6m. This isnt reflected in the figures until it is probable that we will have to pay this money. Id guess these will be clauses in some of our transfers, for example say we said to spurs well give you £2m if we get promoted to the PL with Clarke, or to Birmingham we'll give you £5m if Jobe plays for England etc (these are made up).

Wages obviously increased following promotion to £22.8m but I havent seen how this compares to others in the league (I have read its pretty competitive).

To summarise, I would say the comments we've seen in the past that KLD isnt putting money in, or we are being tight with transfers/wages just doesnt appear to be true, especially at this stage in his tenure. Again these figures are nearly a year old, so we will have to wait a while to see the impact of this seasons business, but I am comfortable with the figures I have seen and the commitments KLD has made going forwards. Hopefully this wasnt too boring for yous!

Good post mate. Cheers for that

 

[Monkey69]

I think we're pretty much as self sustaining as we can be at this level now. The only thing that will swing the balance season on season is player trading.

It's a shame that the last third of this season has been such a shambles. I honestly think that if we had 9 more points (9th place) and maybe had played a different team in the FA Cup, fans would be looking at the things happening at the minute and be excited for our future.

We've brought in 40 new staff members. Yes, a lot of them will be admin, but we've staffed up the club again, rather than it operating on the bare minimum. We've got the new commercial fella Bruce in. We've got Hummel on board making us bespoke kits. There's money being invested into the stadium, implementing safe standing and relaying the pitch . We've invested in a young squad and increased the number of valuable assets. We've had an academy prospect in the matchday squad for 109 consecutive matches. There's been 3 starting most weeks for the last couple of months. We've invested in the academy and the women's team.

The foundations of this club have been put back in place and now we're looking at a couple of exciting possible coaches to take us forward. There's far too much to be optimistic about to worry in my opinion.

Well said great post.

 

[Scout73]

Not looked round the bargain basement but we bought a.Benfica B team player, brought Burstow in on loan.. Yeah ok mate

The 2 players you mentioned came from benfica n Chelsea- 2 massive clubs so hardly from the bargin basement.

Hemir also cost about a million, again not really a bargin basement signing

As i said several times im not saying our recruitment has been good but its not because weve been shopping in the bargin basement

We were at times in L1, when only signing players on free transfers like mcfadzen danny graham n co - that is shopping in the bargin basement (spending no money on cheap options)

We have spent money on what the club felt were really exciting players, a lot havent work out in the short term (never know how they might turn out in the next yr or 2) but weve spent money n tried to be ambitious

 

[Scout73]

So have u always been a fan of.him? How long have u known of him ffs

Ive known of him since he was at8 spurs, say a couple training sessions he had ran with their youth teams and they were wow sessions tbh.

Then when he moved to united i wasn't surprised to see him get promoted to 1st team coach (or assistant, cant mind what role it was) under Jose

Did i expect him to do this well as a manager, no. But hes someone I've known about for years and whose had a great reputation in the game

 

[Hudson92]

Ive known of him since he was at8 spurs, say a couple training sessions he had ran with their youth teams and they were wow sessions tbh.

Then when he moved to united i wasn't surprised to see him get promoted to 1st team coach (or assistant, cant mind what role it was) under Jose

Did i expect him to do this well as a manager, no. But hes someone I've known about for years and whose had a great reputation in the game

Any knowledge on Maric style of play etc? Kind of an unknown quantity but exciting from what’s out there on him

 

[Brainy Dose]

Cant compare to GOM's knowledge on RTG, but I am an accountant and these are some things I took away from the accounts (imagine some have already highlighted these).

Important thing to remember is that this covers 01/08/2022-31/07/2023. So any transfer activity that happened from August 23 onwards will not be shown here. That's the frustrating thing with accounts deadlines, accounts are always out of date. The 'headline figure' is the £9m loss, which obviously while you dont want to making losses, it isnt uncommon at this level, and in fact we were one of the better performing 'businesses' of championship clubs in this period (and remember, no key sales up to this date, i.e Stewart). Gate receipts were again our top source of income, and along with other 'fan sourced income' (retail, conferences etc) the fans really do make up a significant part of our income. TV income more than trebled with this being our first year back in the championship.

Our signings over this period cost £7.7m. This does not necessarily mean we spent all of it in the same period but a pretty decent outlay for a team coming out of several years in league 1 (IMO). Again, this wont include any August 23 / Jan 24 signings. We owed around £6.7m (£3m by July 24) on transfers to other clubs/agents and were owed £830k from player sales by July 24.

As of July 23 KLD/Sartori have introduced a minimum £18m into the club (unknown the split between the two) and have noted that it is their intention to convert this to equity which basically means, they will write off the £18m debt the club owes them. Further significant capital expenditure (5G in the stadium etc) has also been committed too.

One interesting thing I noted was that we have contingent liabilities relating to future player sales of £24.6m. This isnt reflected in the figures until it is probable that we will have to pay this money. Id guess these will be clauses in some of our transfers, for example say we said to spurs well give you £2m if we get promoted to the PL with Clarke, or to Birmingham we'll give you £5m if Jobe plays for England etc (these are made up).

Wages obviously increased following promotion to £22.8m but I havent seen how this compares to others in the league (I have read its pretty competitive).

To summarise, I would say the comments we've seen in the past that KLD isnt putting money in, or we are being tight with transfers/wages just doesnt appear to be true, especially at this stage in his tenure. Again these figures are nearly a year old, so we will have to wait a while to see the impact of this seasons business, but I am comfortable with the figures I have seen and the commitments KLD has made going forwards. Hopefully this wasnt too boring for yous!

Well done,mate...great post!

 

[Scout73]

Any knowledge on Maric style of play etc? Kind of an unknown quantity but exciting from what’s out there on him

Not really tbh, I've watched bayern u19s a couple times this season - they are possession based and they press quickly but i know from listening to interviews he says he is flexible with style of football

I think you need to be flexible in football, need to be able to adapt quickly. Burnley are a good example of that this season, they stuck to what they did in the championship and struggled, they have tweaked it to play through the lines quicker now and they are getting success

 

[TopCat.]

https://footballleagueworld.co.uk/j...W9lJUmxLz2_In_ofYtHloRuvK-Xnum9Wd_uKQuujmkIuU

One thing i find confusing and if somebody can explain then please do, but how does a team like Ipswich afford his wages with an average gate of about 25k and we get an average higher gate than most teams in europe??
Also if we add up Burstows wages, Hemir, Mayenda and Rusyn, we could have had 2 good experienced strikers on the same money as them 4 combind.??

Because they are prepared to lose a LOT of money this season in gambling on promotion. A lot of teams have done it and suffered for seasons after (Stoke, WBA) but it looks as though Ipswich's gamble has paid off.

 

[Iain]

The 2 players you mentioned came from benfica n Chelsea- 2 massive clubs so hardly from the bargin basement.

Hemir also cost about a million, again not really a bargin basement signing

As i said several times im not saying our recruitment has been good but its not because weve been shopping in the bargin basement

We were at times in L1, when only signing players on free transfers like mcfadzen danny graham n co - that is shopping in the bargin basement (spending no money on cheap options)

We have spent money on what the club felt were really exciting players, a lot havent work out in the short term (never know how they might turn out in the next yr or 2) but weve spent money n tried to be ambitious

Some people will only accept us spending 5-6 million on quality championship players otherwise the owner is tight.
I've said it many times before, we have been around the play offs since we were promoted other than when we went into free fall under Dodds.
Take the players we have that we think are capable of taking us to the next level.
Clarke, Ballard, Neil, Jobe, Alese, Cirkin, Huggins and Ekwah, throw in the potential of AA, Ba and the others out on loan.
How much did they cost probably 15 million in total.
As a guess I'd say to buy any of them now we would have to pay between 5-20 million for each player, we couldn't afford them.
Huggins was a free transfer with a large sell on % if he was fit he's unbelievable so is that bargin basement.
Ballard I think was around 1-2 million, regarded as one of the best in the league, is that bargin basement.
Spending 1 million on a player with potential that in 3 years will have nailed down and worth 15 million isn't bargin basement.
Have they got it right in the last 2 windows, probably not.
KLD is losing millions every year being in the championship so he wants out as soon as possible.
However as some think he should splash out and go for it, then if you get relegated it's OK you have the parachute money.
That's not what he wants to do, he wants to go up and stay up.
To do that you have to have the foundations before you go up so you aren't starting from scratch building a PL squad.
I've got a funny feeling I've wasted my time trying to explain my point to some

 

[rooch 3]

Some people will only accept us spending 5-6 million on quality championship players otherwise the owner is tight.
I've said it many times before, we have been around the play offs since we were promoted other than when we went into free fall under Dodds.
Take the players we have that we think are capable of taking us to the next level.
Clarke, Ballard, Neil, Jobe, Alese, Cirkin, Huggins and Ekwah, throw in the potential of AA, Ba and the others out on loan.
How much did they cost probably 15 million in total.
As a guess I'd say to buy any of them now we would have to pay between 5-20 million for each player, we couldn't afford them.
Huggins was a free transfer with a large sell on % if he was fit he's unbelievable so is that bargin basement.
Ballard I think was around 1-2 million, regarded as one of the best in the league, is that bargin basement.
Spending 1 million on a player with potential that in 3 years will have nailed down and worth 15 million isn't bargin basement.
Have they got it right in the last 2 windows, probably not.
KLD is losing millions every year being in the championship so he wants out as soon as possible.
However as some think he should splash out and go for it, then if you get relegated it's OK you have the parachute money.
That's not what he wants to do, he wants to go up and stay up.
To do that you have to have the foundations before you go up so you aren't starting from scratch building a PL squad.
I've got a funny feeling I've wasted my time trying to explain my point to some

You have, big time.

 

[Blond Bombshell]

Not really tbh, I've watched bayern u19s a couple times this season - they are possession based and they press quickly but i know from listening to interviews he says he is flexible with style of football

I think you need to be flexible in football, need to be able to adapt quickly. Burnley are a good example of that this season, they stuck to what they did in the championship and struggled, they have tweaked it to play through the lines quicker now and they are getting success

I've quoted Company before, he said it took his Burnley squad up to Christmas to reach the Premiership pace of football, nothing is straightforward with football

 

[Daz]

Looking at the big picture, financially speaking we were the 4th best when it came to operating costs/loss last season when compared to others. Some of the figures are eye watering (it’s the echo so ignore the adverts etc)

https://www.sunderlandecho.com/spor...rough-watford-stoke-city-and-millwall-4614866