20-05-2019, 06:06
(This post was last modified: 20-05-2019, 06:22 by St Charles Owl.)
With all due respect, you can no longer afford Dwight Gayle, aside from the 3m quid in wages per year he would want, what would the transfer fee be on top of that?? You may not have spent much of your PL parachute money, but your wages as a club will be right up there near the top. I assume you kept your Season Ticket prices down at PL levels as well to keep the fans happy but the revenue from that is about to become the key thing for you over the next few years, and you do not have the crowds to sustain any players on PL wages!! You cannot lose more than 39m in a rolling three seasons under P&S, that clock started ticking the minute you were relegated and last season you kept a lot of the players you had in the PL and no doubt a lot of them on very high wages, you don’t have to pay big transfer fees to eat into your revenues, players wages will be higher than revenues already.
I’m not having a go, but I am speaking from experience. We have had one of the highest number of ST holders and attendances for the past few years, and we have some of the highest prices as well yet despite a 27k+ average we have made a loss of over 20m pounds in each of the last two seasons, which saw us under a transfer embargo and still today under serious threat of more sanctions. Our highest earners are on about 40k per week but those are players with quality that we didn’t pay a transfer fee for, we got them when they were out of contract and so could afford to pay the higher wages we needed to so we could sign them at all.
You are at a crossroads as a club, you tried to keep most of the squad together after relegation, you added Gayle and Barnes and you gave yourself a shot to go straight back up. Had you had a better manager you might well have achieved that goal but it wasn’t to be. Now the financial reality kicks in, if you don’t cut your cloth accordingly and sign players on championship wages you will be saddled with players on 3-4 year contracts costing you a fortune each year and unless you get promoted you will miss that 39m loss by quite a margin!! Of course you could go the opposite way and spend some money and keep your better players like we have seen clubs do before, but the EFL have become wise to that and under the new P&S rules they can stop you doing that as well, just ask Brum about that!!!!
I don’t know the personalities involved in your club but what is being said here makes a lot of sense if you are to stay the right side of the rules, it just feels like a lack of ambition on behalf of the club at a time when you want them to really go for it but that path is fraught with future dangers that might be best avoiding. Unless there is something in your accounts that shows money draining from the club into the owners pockets, I think the financial reality is what is behind that statement.
And just to drive the above points home, today it has emerged that it seems SWFC PLC or whatever we are called these days have sold Hillsborough directly to our owner for a sum not yet disclosed. Essentially Chansiri’s company that owns the football club which he owns 100% has just sold the stadium to himself!! That money will go directly towards our P&S statement and will be the only way we can stay within the 39m loss limit this coming season and avoid a points deduction or transfer embargo. The P&S rules have to change at some point but I can guarantee this loophole will be closed pretty quickly by the EFL.
I’m not having a go, but I am speaking from experience. We have had one of the highest number of ST holders and attendances for the past few years, and we have some of the highest prices as well yet despite a 27k+ average we have made a loss of over 20m pounds in each of the last two seasons, which saw us under a transfer embargo and still today under serious threat of more sanctions. Our highest earners are on about 40k per week but those are players with quality that we didn’t pay a transfer fee for, we got them when they were out of contract and so could afford to pay the higher wages we needed to so we could sign them at all.
You are at a crossroads as a club, you tried to keep most of the squad together after relegation, you added Gayle and Barnes and you gave yourself a shot to go straight back up. Had you had a better manager you might well have achieved that goal but it wasn’t to be. Now the financial reality kicks in, if you don’t cut your cloth accordingly and sign players on championship wages you will be saddled with players on 3-4 year contracts costing you a fortune each year and unless you get promoted you will miss that 39m loss by quite a margin!! Of course you could go the opposite way and spend some money and keep your better players like we have seen clubs do before, but the EFL have become wise to that and under the new P&S rules they can stop you doing that as well, just ask Brum about that!!!!
I don’t know the personalities involved in your club but what is being said here makes a lot of sense if you are to stay the right side of the rules, it just feels like a lack of ambition on behalf of the club at a time when you want them to really go for it but that path is fraught with future dangers that might be best avoiding. Unless there is something in your accounts that shows money draining from the club into the owners pockets, I think the financial reality is what is behind that statement.
And just to drive the above points home, today it has emerged that it seems SWFC PLC or whatever we are called these days have sold Hillsborough directly to our owner for a sum not yet disclosed. Essentially Chansiri’s company that owns the football club which he owns 100% has just sold the stadium to himself!! That money will go directly towards our P&S statement and will be the only way we can stay within the 39m loss limit this coming season and avoid a points deduction or transfer embargo. The P&S rules have to change at some point but I can guarantee this loophole will be closed pretty quickly by the EFL.