But then you look what he does for the u21s and wonder what's going on - gotta stick with him, because when he gets there he'll be incredible... That's the one player I'm desperate to see stay, him and hooper.
I know we have to 'cut our cloth accordingly' now we've been relegated, but are we actually going to spend ANY of our parachute money or are we going to rely on freebies?
Not a great age but he'll definitely score goals. After having a proper moan about Pilks going, this would definitely put the smile back on my face. Surprised he's not had a prem offer tbh
parachute money is NOT there to be spent on new players - it is there to help ease the ridiculous financial losses a club incurs when dropping to the 2nd tier. if you think we will spend any of it on new players you will be sorely disappointed and thank god we aren't - we are being run properly!
Part 1 of your comment, I´d say yes to, and part 2, no, Munky - but overall I still think we´re better off with him, especially here in the Championship
Yes Supers, but you could argue that the only money we've spent so far is last January's budget and did we not receive £7M for Snodgrass ?
And you'd probably be right - we've been relegated and lost a huge sum of money. Cost cutting is the order of the day if we wish to have a solvent club.
I know that, I'm not that stupid Rob, but we must have banked millions surely ? I would have thought we would have put aside decent money for transfers and an assault on an immediate return to the Prem ?
Sorry I didn't mean to suggest you were being thick at all. It's just a case of we need to do an illustrative example to see where we are really at. There's not much chance of as having much money if you try doing rough calculations: Our turnover 13/14 will have been roughly (for the sake of argument) £90m, of which £60m was in tv money and £30m will have been generated by the club. Our expenses were about £60m on everything except transfer fees. We spent about £20m in the summer and had £10m in reserve for January. This year, our expenses may have come down a bit (hopefully). With luck, already down to £50m. We have lost all the tv money, but receive £15m in parachute payments. We also will probably have a small drop in club-generated income - say to £25m. That means we have expenses of £50m and a turnover of £40m. So that £10m we held in reserve in January has already been used to cover the deficit in our costs/turnover. That means the only way we would have money to buy players is to sell first. Obviously those are very rough figures and it's not that simple. However, from what I've seen I think we are currently acting on a cost neutral basis with player transfers, which means those calculations are likely to be pretty accurate (not necessarily the sum, but the overall result of now having an equal cost/turnover). We might see, say, Fer, sold with some money not reinvested to hold back for January. However, the idea that we are rolling in luchre is unlikely, if not impossible.
We invested nearly all the money we received from the Prem era - either on club improvements, player improvements or paying off outstanding debts. From what I've seen of the club accounts, the only money we haven't spent is probably the potential budget for Hughton in January. I suspect this has been hoovered up to plug the turnover deficit this year, as above
Rob Butler ‏@BobRutler 1m Leroy Fer is in the squad to face Blackburn. Neil Adams refused to be drawn on any Jerome or Cuellar transfer talk.
the ONLY money the club said they were 'saving' during the premier league years was initially set aside for any potential stadium expansion. we are debt free now because we do not spend what we don't have and parachute money is to cover existing costs, nothing else. if we didn't have them we'd have to sell the entire team in order to survive.
It makes for really quite unpleasant reading, but highlights just how much money being in the Premier League gets you and how painful, even for a well run club, falling out of the Prem can be. You only have to look at Blackpool and Birmingham to see two clubs suffering despite neither actually being outrageous in their spending. Despite all this, and the multitude of farces we've had over the summer, I'm still 100% confident that, financially at least, our club is being run fantastically well by McNally. One relegation year was always in the plan, let's hope it's no more than that, but even if it is we are at least not going to go bust. Another thing that I've noticed is that now even minor events can have a big impact on turnover - if we were to offload Bassong for absolutely nothing, I'm pretty sure we could afford to bring in a new player on £15kpw for £1m, just simply because of the space on the wage bill!
Honestly can't see Commons coming here, even if he is supposedly lined up as Fers replacement. Personally think Cueller and Jerome will be good bits of business for our current situation.
Good news. I suspect we have offloaded Becchio by some miracle and both Jerome and Cuellar are going to sign as squad members.
its the wages that kill football clubs, not transfer fees. important to remember that. on the surface, a club might look like its spending an absolute fortune on players but if their wages are within a sensible cap it won't harm the club as they will live within their means, where another club might appear to be spending peanuts but paying astronomical wages to attract players they can't really afford and getting themselves into trouble behind the scenes. norwich have been doing the former. bolton were doing the latter and are now £165m in debt
