I'd love it if Farke could use his German links to loan Wilson and Woodburn from Klopp. Or what about Brewster!? Feed us!
So. what abo.ut this rumour FML - https://www.birminghammail.co.uk/sp...ws/joao-mario-close-signing-wolves-14910952??
Flew into the UK at the weekend for a few days over here having been in Australia for a month with my son who lives in an area without broadband. I had no idea what had been going on and have done my best to catch up - even to the extent of looking again at our accounts. I must have missed something !! We carried over a crippling external debt which should be cleared by the sale of Maddison and Murphy. The accounts indicate that we were budgeting for a smaller operating loss last season but the sale of Pritchard etc should have covered that and the interest on the debt - I hope. All nice and rosy so far but - and it is a big but - this season we have no parachute payments and so our player budget is severely reduced. We have sent a first team squad of 26 to Germany. On top of that we have Martin, Tettey, Oliviera, Jarvis and Morris. On top of that we are still paying Naismith more than we pay most of our current squad so he has to included as a ' player ' on the payroll budget. If we get in another GK that makes a total of 33 players on the payroll which would be ludicrous in view of our budget restrictions. The obvious answer will be that we will sell players but we won't be able to sell the players currently injured and who will pay the likes of Martin, Oliviera and McGovern the money they are getting here? I have great faith in the current management structure but if this is a master plan to sell 6 and buy 6 why haven't any sales gone through? I understand that the transfer window shuts in about 3 weeks time and if were left with the current squad on our books at that time the financial consequences would be dire. In my view we need to sell 6 or 7 players but who will they be, who will want them and who will pay them what they are earning here? On another matter, I agree that we need an experienced GK on the books. How many promising youngsters in that position crack under the pressure? Remember Rudd - did well on loan in the lower leagues, did well on the few chances he got here in the earlier days, got his chance to establish himself in our first team and he was poor. Where is he now? Where are Lewis and Steer? It is too risky to rely on youngsters in such a crucial position on the field - they need to be given chances in short bursts to start with. On a more positive note I do like the look of the squad they are assembling and I just hope that the fears I have set out prove to be unfounded.
So based on the figures transfermarkt have: Out: Murphy (£10.26m), Maddison (£22.5m), Watkins (£990k), Franke (loan, presumably wages covered), Wes (wages), Naismith (£10k or so wage saving) Total: £33.75m in fees, 6 wages In: Marshall (£1.53m), Buendia (£1.35m), Pukki (free), Leitner (£1-1.5m), Rhodes ( assumed full £3m), Passlack Max total: £7.38m, 6 wages So assuming the wages for a departing player equal that given to a new signing (I suspect the new wages are lower), currently the wage bill looks unchanged. However, we've recouped £27m+ of the £30m hole we're rumoured to have to fill. That's without any money from the Pritchard sale. I think our squad is currently as large as it'll get. I can't see us going into the season with Passlack, Marshall, Pinto and Aarons as RB options. Surely Pinto will be sold or Aarons leave on loan. That 33 also includes Cantwell and Oxborough, who are not going to be on significant wages. Yes there's plenty of expensive mistakes hanging around the squad, but they mostly disappear next summer thankfully. I don't think the financial situation looks too perilous, but I suspect any further business this summer, in January or indeed next summer will have to be funded by sales. My suspicion is we'll sell Pinto and Oliveira this summer, and bring in a GK and CB on loan (Raggett hasn't impressed). That will clear two large wages, and bring in a small amount of money, giving us enough for a signing in January if needed.
But the problem is that even if our wage bill is the same as last year - and your calculation makes no allowance for the players now in our squad who were out on loan last season - our income is not the same. We have lost the parachute money and that has to be saved from the players budget. The accounts, when presented, will make interesting reading.
OK 1950 – Rudd went to Preston last season and they conceded 46 goals (joint 6th fewest), but I'd feel more comfortable with another decent GK.
No problem mate - us Anorak Accountants like to investigate these things. Mrs 1950 took great delight in telling our family in Australia that when in May I was trapped indoors for 2 days due to torrential rain - yes it does rain in the South Of France - I spent the entire time going through the accounts of Carillion to see where and when it went wrong. If anyone is interested it was f****g incompetence and greed by the senior Management and Directors. The business model was sound until 2 years before the collapse but then they got greedy and the Directors took their eye off the ball.
We are also not paying the wages for the players we brought in on loan - Gunn, Reed and Edwards. The rumoured £2.5m we may get as sell on clause from Gunn’s move to Southampton will also help cover wages, which is substantial when looking at the figures we are dealing with.
It might also just cover the sell on clause to Coventry for Maddison. I'm sorry but I just don't see how we are budgeting for the substantial loss of the parachute payment.
You’ve had a far greater look st the accounts than I have and far better knowledge of accounting so I have no idea to be honest. I’ve just heard the numbers quoted about and assume they know what they are doing! I thought the black hole was the loss of parachute payments?
Jamal Lewis will be in the £10m category this time next year if he continues to develop and improve as he has so far. Somebody take Matt Jarvis, ffs - we'll throw in a free physio?
1950's, can you give me a best estimate of what it costs to run NCFC for a year, not counting player salaries?
True, I balanced Godfrey, Cantwell and Matthews against Mourgos, Phillips, Abrahams and Bloomfield, and figured the difference was insignificant in the grand scheme of things. Next summer we lose Martin, McGovern, Naismith, Jarvis, Oliveira, Klose, Pinto, Wildschut and Rhodes. £20k each p/w makes £180k p/w in total, or £9.4m a year. Other than Klose, that saving has no major impact on the squad Beyond that, yes we're setting ourselves up to be a selling club in order to finance our wage bill. If we have to find £20m next summer, hopefully that's Lewis and Godfrey at worse. The investment in the academy is hopefully going to allow us to continue to be self-funding in this manner going forwards.
After what Farke did to Olivera and Pinto last season, no chance. They use to be like 5-10M players. Now, I think we might release them. Wolves wanted both, Swansea and someone else in the Premiership were looking at Nelson for about 10-11M. Long gone after the second half of last season.
A few rough figures for you. Total operating costs are approx £74m of which £55m is staff costs of which £6m is NI and pension contributions etc. Excluding transfers in and out, income is approx £75m including £9m in ticket sales and £50m from broadcasters, This £50m includes the parachute payment which we will not get this season.
