Club Finances

[izzymuzzet]

6 minutes ago, Stadt said:

One thing that really doesn’t add up to me is the summer 2024 window. If we went up and some miserly wit the idea we have to take out medicine, excuse some of the high earners. Spend a little bit but shrewdly, worst case scenario we go down but in a good position to rebuild.

 

Instead we spent a long of money on predictable dross, didn’t address a few long term problem positions and lumbered ourselves with more pariahs.

 

Spending big under Enzo made sense but not under Cooper, everything was short termist and it’s genuinely like relegation was never considered a possibility, even though it was more likely than not.

All of this is spot on. 

 

2021 summer window was the original sin that dragged us into the spiral of PSR. 2024 summer window is the one that could ultimately put us into League One and administration. 

[Lambert09]

1 hour ago, Stadt said:

One thing that really doesn’t add up to me is the summer 2024 window. If we went up and some miserly wit the idea we have to take out medicine, excuse some of the high earners. Spend a little bit but shrewdly, worst case scenario we go down but in a good position to rebuild.

 

Instead we spent a long of money on predictable dross, didn’t address a few long term problem positions and lumbered ourselves with more pariahs.

 

Spending big under Enzo made sense but not under Cooper, everything was short termist and it’s genuinely like relegation was never considered a possibility, even though it was more likely than not.

In all honesty I was still baffled by the numbers. I think the reality we all kind of ignored was that the return to prem wages alongside the prem increases for the new boys essentially used up all the tv money before we got started 

[jammie82uk]

Will be interesting to see if when the seemingly inevitable outcome happens and we go down will the relegation clause kick in to reduce the wages again or will the clause only apply to relegation from the premier league 

[foxinsocks]

1 hour ago, jammie82uk said:

Will be interesting to see if when the seemingly inevitable outcome happens and we go down will the relegation clause kick in to reduce the wages again or will the clause only apply to relegation from the premier league 

I expect most players had a clause to reduce wages when relegated from the prem.  Yet to survive we can not rely on kp.  So we need to lose sone high earners.  If we triggered winks' extension we must sell him at any price

Edited 10 April by foxinsocks

[slymunn]

3 hours ago, Stadt said:

One thing that really doesn’t add up to me is the summer 2024 window. If we went up and spent miserly with the idea we have to take our medicine, excise some of the high earners. Spend a little bit but shrewdly, worst case scenario we go down but in a good position to rebuild.

 

Instead we spent a long of money on predictable dross, didn’t address a few long term problem positions and lumbered ourselves with more pariahs.

 

Spending big under Enzo made sense but not under Cooper, everything was short termist and it’s genuinely like relegation was never considered a possibility, even though it was more likely than not.

If our 2024 window was similar to what Ipswich brought in, I think we would have being in a far better position squad wise... a few top end championship players, rather than the 'experience' and risks like Okoli.

 

 

[Stadt]

30 minutes ago, slymunn said:

If our 2024 window was similar to what Ipswich brought in, I think we would have being in a far better position squad wise... a few top end championship players, rather than the 'experience' and risks like Okoli.

 

 

They spent a hell of a lot though, high potential top end championship players should have been our MO but just the less expensive ones.

 

Doughty would have been perfect at LB. Kieffer Moore went to Sheff Utd for 1.5m, he would have been a perfectly fine 3rd or 4th choice option. Ronnie Edwards was about £3m and so on.

 

The lines fed to the club client journos wee along the lines of ‘we can’t get our first choice managers because we don’t know about the points deduction’. But we just kicked the can down the road and exacerbated everything 

[slymunn]

12 hours ago, Stadt said:

They spent a hell of a lot though, high potential top end championship players should have been our MO but just the less expensive ones.

 

Doughty would have been perfect at LB. Kieffer Moore went to Sheff Utd for 1.5m, he would have been a perfectly fine 3rd or 4th choice option. Ronnie Edwards was about £3m and so on.

 

The lines fed to the club client journos wee along the lines of ‘we can’t get our first choice managers because we don’t know about the points deduction’. But we just kicked the can down the road and exacerbated everything 

Those three you mentioned, along with a Delap/Greaves would have cost similar to Ayew and Okoli for example. 

 

We would have being in a better position than we are now.

[Richard]

Whilst out of the PL we will always be loss making - the fixed costs to run out club are just too high for EFL revenues. As long as KP continue to cover those losses we will be ok(ish). 

 

What we absolutely need to do is get the wages:revenue ratio down significantly. With Daka, Ricardo, Faes, Winks, Soumare and hopefully Kristensen and Choudhury gone too we should have a good base to reduce those costs. 

 

The issue is we all know Ruskin and Top are going to completely **** it up because "next season we promote"

[Likely Fox]

SKINT