sylofox Posted 8 July 2016 Share Posted 8 July 2016 In 5 days how much are we going to spend. I understand we have it and clubs want it. It is all different to the PT days. But when we have spunked it in the past it never worked. Fingers x. Link to comment Share on other sites More sharing options...
JamesfromlondonLCFC Posted 8 July 2016 Share Posted 8 July 2016 we are in the champions league, we won the premier league. the amount of money we are spending has technically scaled up, but we are still spending small amounts compared to what other ucl clubs will be spending. Link to comment Share on other sites More sharing options...
Strokes Posted 8 July 2016 Share Posted 8 July 2016 we are in the champions league, we won the premier league. the amount of money we are spending has technically scaled up, but we are still spending small amounts compared to what other ucl clubs will be spending.It would only worry me if it couldn't be scaled down quickly if necessary but for the first time for a while, we have what most want. Link to comment Share on other sites More sharing options...
foxes21 Posted 8 July 2016 Share Posted 8 July 2016 we haven't overpaid for anyone (yet) 16mill for musa & 12/13mill for mendy are fair prices imo. not to mention zieler & hernandez are both bargains. with that in mind, if we overpay for the next couple of signings , I wouldn't worry as our first 4 signings have been great additions at great prices, so it all balances out. Some bargains, some overpriced, as long as we get the personnel ranieri/walsh want it doesn't matter. Link to comment Share on other sites More sharing options...
ScouseFox Posted 8 July 2016 Share Posted 8 July 2016 29 million right now is the same as about 29 grand in the taylor years. literally nothing. teams like bournemouth are probably gonna outspend us again this summer. if we were spending 290 million this could be a potential issue. as it is, as long as it's not your personal account giving the money away then it's nothing to worry about. Link to comment Share on other sites More sharing options...
WigstonWanderer Posted 8 July 2016 Share Posted 8 July 2016 Yes, 29m would appear to be relative chicken feed by today's standards. It has to be compared with the club's income. Compared with 13/14, this season should be maybe 6 times as much, I gather. The only problem would occur if longer term high value contracts couldn't be pared back in the event of some catastrophe such as relegation, etc. Surely there would be clauses in contracts for this. In any case, the sort of players we are buying will almost certainly increase in value, and could be sold to avoid financial problems if need be. Link to comment Share on other sites More sharing options...
ealingfox Posted 8 July 2016 Share Posted 8 July 2016 Newcastle spent 80 mill last season and went down. Link to comment Share on other sites More sharing options...
Larry_LCFC Posted 9 July 2016 Share Posted 9 July 2016 I'm not worried. Some very shrewd signings so far. We don't go in for overpriced shit like many would expect. We haven't got where we have by spunking millions up the wall. Link to comment Share on other sites More sharing options...
Russell sprout Posted 9 July 2016 Share Posted 9 July 2016 I didn't realise we spent over 10 mil on Mendy Link to comment Share on other sites More sharing options...
Mikey Posted 9 July 2016 Share Posted 9 July 2016 £29m on 4 players is great business in this day as and age. Providing they can do the business too which I'm sure they're capable of. Link to comment Share on other sites More sharing options...
surrifox Posted 9 July 2016 Share Posted 9 July 2016 Newcastle spent 80 mill last season and went down.Correct ! And at 2015 prices so more like £150 mill in today's market Link to comment Share on other sites More sharing options...
SheppyFox Posted 9 July 2016 Share Posted 9 July 2016 You think 29m is a lot? Link to comment Share on other sites More sharing options...
Babylon Posted 9 July 2016 Share Posted 9 July 2016 We made a £30m profit our first season in the league, so look at it this way. We've not even touched last seasons money for winning the league. We got an extra £30m prize money for starters last year, we probably budgeted for a bit more than the first year. So let's estimate we spent £15m more, that would give a £45m profit last season. Then you have champions league money for this season, about £30m, and the new TV deal, with a bottom place finish giving us the same amount we got for winning the league. We'll spend much more in wages, but even a shit season and paying a fair amount more in wages would have to see us making another £30m profit, and that's very conservative. A top 8 finish, with loads more games on TV and you could be looking at a £60m profit. These are just guess work, based around profits we got the first year, what our wage bill was and was we know we get for prize money, you never know for sure... But as I said months ago, I thought we could do £80m quite easily if we wanted to. I think we'll keep our powder dry though, save it for steady growth, stadium expansions etc. Link to comment Share on other sites More sharing options...
Vicki Vixen Posted 9 July 2016 Share Posted 9 July 2016 The difference is Taylor would have spent £29 million on Matt Derbyshire, Leo Fortune-West and Gary Hooper Link to comment Share on other sites More sharing options...
ROB-THE-BLUE Posted 9 July 2016 Share Posted 9 July 2016 The difference is Taylor would have spent £29 million on Matt Derbyshire, Leo Fortune-West and Gary Hooper Errr don't forget Junior Lewis Link to comment Share on other sites More sharing options...
surrifox Posted 9 July 2016 Share Posted 9 July 2016 We made a £30m profit our first season in the league, so look at it this way. We've not even touched last seasons money for winning the league. We got an extra £30m prize money for starters last year, we probably budgeted for a bit more than the first year. So let's estimate we spent £15m more, that would give a £45m profit last season. Then you have champions league money for this season, about £30m, and the new TV deal, with a bottom place finish giving us the same amount we got for winning the league. We'll spend much more in wages, but even a shit season and paying a fair amount more in wages would have to see us making another £30m profit, and that's very conservative. A top 8 finish, with loads more games on TV and you could be looking at a £60m profit. These are just guess work, based around profits we got the first year, what our wage bill was and was we know we get for prize money, you never know for sure... But as I said months ago, I thought we could do £80m quite easily if we wanted to. I think we'll keep our powder dry though, save it for steady growth, stadium expansions etc. Plus the increased merchandising licensing and marketing income and rights which will be massive either to the benefit of the club or KP Link to comment Share on other sites More sharing options...
EastAnglianFox Posted 9 July 2016 Share Posted 9 July 2016 Even by my appaling Maths standards 29 mill averaged out over the 4 players is just over 7 million per player which I'd say is fantastic business so far considering the potential quality of each signing. Link to comment Share on other sites More sharing options...
HighPeakFox Posted 9 July 2016 Share Posted 9 July 2016 I apologise for my first OCD pedantry of the summer, but there is no conceivable way that £29m can be called 'literally nothing'. Link to comment Share on other sites More sharing options...
FireFox Posted 9 July 2016 Share Posted 9 July 2016 £29m is literally nothing. Link to comment Share on other sites More sharing options...
Papasmurf Posted 9 July 2016 Share Posted 9 July 2016 £29 million is less than nothing considering we made £30 million profit last year. Link to comment Share on other sites More sharing options...
foxes_rule1978 Posted 9 July 2016 Share Posted 9 July 2016 29 million for us now is hardly touching the pot, we aren't going to be in any danger fianancially regardless of how this season turns out. I'm not worried about the spend at all and I'm sure it is on the lower end of other CL teams Link to comment Share on other sites More sharing options...
Strokes Posted 9 July 2016 Share Posted 9 July 2016 £29m is literally nothing.Literally, its £29m. Link to comment Share on other sites More sharing options...
Tom1983 Posted 9 July 2016 Share Posted 9 July 2016 29m for 4 players is a steal in this market. Man U are about buy buy Pogba and 29m wouldn't even buy his left leg. And let’s be honest 29m on 4 players or 30 on Deeney, we all know which makes better business sense Link to comment Share on other sites More sharing options...
Bayfox Posted 9 July 2016 Share Posted 9 July 2016 29 million of 4 players. And potentially at least 3 of them all have a chance to increase our return. Look at vardy, mahrez and Kante. 8 million in total. Now we are talking about 60 million plus to prize them away. Even with the law of Rudkin . So although the spending is a bit more. 1 or 2 good seasons from musa and mendy. How much do they become worth. And hernandez is a free. So if he had a good season. We could make money if we wanted. Stop worrying. This isn't Taylor or Sven spending the money. And our owners will have learnt a lot from the 1st spending spree they embarked on. I'd have liked Deeney here but 29 million on a player of that age. Knowing you would never get anything back would have worried me more. Link to comment Share on other sites More sharing options...
ealingfox Posted 9 July 2016 Share Posted 9 July 2016 Zieler was like £2.5m weren't he? So its £31.5m anyways. Link to comment Share on other sites More sharing options...
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