sylofox Posted 7 August 2021 Posted 7 August 2021 It seems we are still being linked with wide forwards when we know centre backs are most important atm. With no FFP have the owners decided it's the right time to throw a few million at the club. I know it's not something they have done since the first year. But that was scatter gun and then the restrictions started. Since then we've balanced the books because we have had ffp restrictions to comply with. But with the relaxed rules who thinks the time could be right for them to throw in a few sheckles to help us on our way. With a definite need for 1 possible 2 centre backs, we are also being linked with wide forwards. So to me the rumours dont fit with our usual pattern of transfer play. Or have we agreed a deal for Maddison but sorting our business before he goes.
Popular Post Dahnsouff Posted 7 August 2021 Popular Post Posted 7 August 2021 Because outlets that thrive on this crap/conjecture had already written their stories before Fofana got inured 6
sacreblueits442 Posted 7 August 2021 Posted 7 August 2021 ...I have said before the Fofana accident that this was the time to throw £30m into the coffers from our owners!!! We may need to spend big right now and it may just be a case of getting hanged for a sheep as for a lamb.
Popular Post coolhandfox Posted 7 August 2021 Popular Post Posted 7 August 2021 No evidence they are going to splash the cash other then rumour in social media! We have already spent the best part of 50m. 5
sylofox Posted 7 August 2021 Author Posted 7 August 2021 1 minute ago, Dahnsouff said: Because outlets that thrive on this crap/conjecture had already written their stories before Fofana got inured Perhaps but the only thing we know is Rodgers said we don't have a bottomless pit. But he would not tell everyone we have another 100m even if we did. 1
STUHILL Posted 7 August 2021 Posted 7 August 2021 The relaxing of the FFP is the only reason I think we may still have £20-30m to play with in the market. I get the point by many saying historically we have a way of doing things in terms of budget, but this window does feel different. £20-30m is still not a lot though, especially considering we need to get more players off the books to lower the wages/squad size. We also now definitely need 1 CB, maybe 2 if Benkovic isn't up to it. So makes sense we are leaving it late to try get the best possible RW for the money. 1
MPH Posted 7 August 2021 Posted 7 August 2021 The owners said from the very beginning that their aim was for the club to be self sufficient. now that we are, it wouldn’t make sense for us to get into unsupported debt.
sylofox Posted 7 August 2021 Author Posted 7 August 2021 1 minute ago, MPH said: The owners said from the very beginning that their aim was for the club to be self sufficient. now that we are, it wouldn’t make sense for us to get into unsupported debt. Other than the push for a top 4 spot that we have been so close to. So if a 30/40m outlay gets us over the line it's worth it.
sacreblueits442 Posted 7 August 2021 Posted 7 August 2021 Just now, MPH said: The owners said from the very beginning that their aim was for the club to be self sufficient. now that we are, it wouldn’t make sense for us to get into unsupported debt. ...it would be structured debt!!! If this was a business struggling for sales you would imagine going broke in six months. Just being in the Premiership for something like five more years would leave us in a position where we comfortably stay with the club's ethos, and keep with the financial mantra of the Board. 1
Attywolf Posted 7 August 2021 Posted 7 August 2021 2 minutes ago, sylofox said: Other than the push for a top 4 spot that we have been so close to. So if a 30/40m outlay gets us over the line it's worth it. But it's risk and reward and with how much the top 4 have spent, it's to risky to spend much more and have more debt added and ffp hasn't gone just relaxed and because no one has been sold we have already have a high net spend then normal
Attywolf Posted 7 August 2021 Posted 7 August 2021 (edited) 6 minutes ago, sacreblueits442 said: ...it would be structured debt!!! If this was a business struggling for sales you would imagine going broke in six months. Just being in the Premiership for something like five more years would leave us in a position where we comfortably stay with the club's ethos, and keep with the financial mantra of the Board. And what about the £80+ million debt total for the last 2 seasons. Plus new training ground and stadium extension to add on to it Edited 7 August 2021 by Attywolf 1
UHDrive Posted 7 August 2021 Posted 7 August 2021 13 minutes ago, coolhandfox said: No evidence they are going to splash the cash other then rumour in social media! We have already spent the best part of 50m. Your point? Any genuine foxes fan knows about our owners so I'm not going to delve into that. Without the majority of FFP this year its a golden opportunity to keep ahead of the curve. Does the club realistically know this? Of course they do. You have Arsenal and Tottenham spending heavily this year and in Tottenhams case keeping/forcing players like Son/Kane to stay. The 4 teams above us are pulling away considerably. Yes we've had injuries and a nasty one for that on Fofana but given the situation as a whole it's exactly the right time to maximise the potential while we can, because we won't be able to next year.
coolhandfox Posted 7 August 2021 Posted 7 August 2021 3 minutes ago, UHDrive said: Your point? Any genuine foxes fan knows about our owners so I'm not going to delve into that. Without the majority of FFP this year its a golden opportunity to keep ahead of the curve. Does the club realistically know this? Of course they do. You have Arsenal and Tottenham spending heavily this year and in Tottenhams case keeping/forcing players like Son/Kane to stay. The 4 teams above us are pulling away considerably. Yes we've had injuries and a nasty one for that on Fofana but given the situation as a whole it's exactly the right time to maximise the potential while we can, because we won't be able to next year. What's your point? All the evidence in since we got to the PL is about the owners wanting us to be self-sufficient. They have plugged the COVID black hole in our finances. We have already spent the best part of 50m, our net spend ist typically 20m we are already over that. Why do you think they are going to change their approach, other then the fact that FFP is relaxed? 2
Dahnsouff Posted 7 August 2021 Posted 7 August 2021 7 minutes ago, UHDrive said: Your point? Any genuine foxes fan knows about our owners so I'm not going to delve into that. Without the majority of FFP this year its a golden opportunity to keep ahead of the curve. Does the club realistically know this? Of course they do. You have Arsenal and Tottenham spending heavily this year and in Tottenhams case keeping/forcing players like Son/Kane to stay. The 4 teams above us are pulling away considerably. Yes we've had injuries and a nasty one for that on Fofana but given the situation as a whole it's exactly the right time to maximise the potential while we can, because we won't be able to next year. Yes but industry the owners operate in primarily has been badly hit by the pandemic, so to expect more is unrealistic. I mean you never know, but I won’t hold my breath 3
Ric Flair Posted 7 August 2021 Posted 7 August 2021 16 minutes ago, Attywolf said: And what about the £80+ million debt total for the last 2 seasons. Plus new training ground and stadium extension to add on to it Isn't the training ground part of the £80m+ structured debt?
UHDrive Posted 7 August 2021 Posted 7 August 2021 6 minutes ago, coolhandfox said: What's your point? All the evidence in since we got to the PL is about the owners wanting us to be self-sufficient. They have plugged the COVID black hole in our finances. We have already spent the best part of 50m, our net spend ist typically 20m we are already over that. Why do you think they are going to change their approach, other then the fact that FFP is relaxed? Agree to disagree. While most other clubs take advantage of FFP and move forward, we'll very likely move backwards should we not take these glaringly obvious advantages. You talk about businesses.....that isn't what a business owner would do with capital available.
weller54 Posted 7 August 2021 Posted 7 August 2021 43 minutes ago, coolhandfox said: No evidence they are going to splash the cash other then rumour in social media! We have already spent the best part of 50m. Half a Grealish then?
st albans fox Posted 7 August 2021 Posted 7 August 2021 This conversation happens each summer and thus far circumstances have conspired to make it a muddy picture. less than four weeks to see what happens this summer ………
davieG Posted 7 August 2021 Posted 7 August 2021 As interesting as it might or not be this like all the player links is just rumour and/or speculation.
MPH Posted 7 August 2021 Posted 7 August 2021 36 minutes ago, sacreblueits442 said: ...it would be structured debt!!! If this was a business struggling for sales you would imagine going broke in six months. Just being in the Premiership for something like five more years would leave us in a position where we comfortably stay with the club's ethos, and keep with the financial mantra of the Board. It would be unsecured. The training ground fund were partly secured against future tv income- I don’t imagine there’s much else we can secure loans against?
TrentFox Posted 7 August 2021 Posted 7 August 2021 Jeez! Saw this thread and thought we were selling them ! 😳 1
coolhandfox Posted 7 August 2021 Posted 7 August 2021 8 minutes ago, UHDrive said: Agree to disagree. While most other clubs take advantage of FFP and move forward, we'll very likely move backwards should we not take these glaringly obvious advantages. You talk about businesses.....that isn't what a business owner would do with capital available. What I know about business you could write on a postage stamp. I'm just going on the past evidence. So how much do you think we will spend between now and the end of the window?
coolhandfox Posted 7 August 2021 Posted 7 August 2021 5 minutes ago, weller54 said: Half a Grealish then? As crazy as that sounds.
davieG Posted 7 August 2021 Posted 7 August 2021 Just now, MPH said: It would be unsecured. The training ground fund were partly secured against future tv income- I don’t imagine there’s much else we can secure loans against? Amarty might just cover it although according to a lot of poster on here Perez wouldn't cover the cost of the stamp.
sacreblueits442 Posted 7 August 2021 Posted 7 August 2021 35 minutes ago, Attywolf said: And what about the £80+ million debt total for the last 2 seasons. Plus new training ground and stadium extension to add on to it ....all the finances for the training ground and stadium expansion are covered with TV revenue of which we have taken loans against!!! With the current interest rates as it is at the moment, it is best time to do this. We can continue to pay down the loan over a period say five years, and as long as we maintain our Premiership status this is not a problem.
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