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Posted

One thing I would credit them about is they have chosen a club not in the south and a club already with a bit of history and fan base of it's own. Would have been annoying if they bought a southern club like maidstone and pumping more money and interest into London. Hopefully this project is something serious and will bring success in the coming years... can imagine fans of Chester must be looking over in dread.

  • 2 years later...
Posted

I’ve more admiration for Mansfield and the job Clough has done there over time. Just wished they’d had won the league.

  • Like 3
Posted
13 minutes ago, Fox92 said:

I’ve more admiration for Mansfield and the job Clough has done there over time. Just wished they’d had won the league.

Clough should of had them up sooner, the squad they've had at that level has under performed.

Posted
7 hours ago, Tommy Fresh said:

Clough should have had them up sooner, the squad they've had at that level has under performed.

Unlucky last season to finish just outside top 7 but I think they’d finished about 17th the season prior to Clough taking over. Hopefully see it though this season. 

Posted
1 hour ago, Leicesterpool said:

Perhaps theyll buy there way out of league one next season. Wish we signed Mullins.

Didn't spent much this season in terms of fees. 

Don't think there's much room to buy themselves out of League One given they are holding a debt of £8m to the owners. 

Posted
On 14/04/2024 at 08:32, Fox92 said:

I’ve more admiration for Mansfield and the job Clough has done there over time. Just wished they’d had won the league.

They've completed bottled it again. 

 

Stockport's rise back up through the divisions deserves praise but I'd bet their budget is equal to Wrexham. Louie Barry for a year wouldn't be cheap 

Posted
5 minutes ago, CosbehFox said:

Didn't spent much this season in terms of fees. 

Don't think there's much room to buy themselves out of League One given they are holding a debt of £8m to the owners. 

They can inject as much cash as they want. Wouldn't be surprised if at some point they turned that debt into equity.

 

https://www.financialfairplay.co.uk/scmp.php

 

Clubs in the League 1 and League 2 operate within a Spending Constraint framework termed Salary Cost Management Protocol (SMCP). SCMP limits spending on player wages to a percentage of club Turnover. In League 1 clubs can spend a maximum of 60% of their turnover on wages - in League 2, the limit is 55%. There are no restrictions (in themselves) on the amount a club can lose or spend on transfer fees. 

 

 

Under the SCMP rules, the definition of 'Turnover' is particularly important as Turnover is used to determine the maximum wage-spend. Within a traditional accounting perspective, there are usually only three elements of turnover: 

 

  • Match-day Income 
  • Commercial Income (such as sponsorship) 
  • TV revenue (and any 'merit payments' based on league position)

 

However the Football League use a is broader definition of Turnover. Crucially, the FL Turnover figure includes donations from the owners to the club and injections of equity. Loans from club owners are understandably not included in the Turnover figure as these would result in growing club debts. up club debts.  In League 1 and League 2, a wealthy owner can therefore fund the club spending in a way that is not permitted in other divisions. Manchester City and Leicester for example seem set for punishment for their excessive losses (from UEFA and the Championship respectively) despite the fact that the owners have injected hard cash into the club to finance the spending.

Posted
21 minutes ago, SouthStandUpperTier said:

They can inject as much cash as they want. Wouldn't be surprised if at some point they turned that debt into equity.

 

https://www.financialfairplay.co.uk/scmp.php

 

Clubs in the League 1 and League 2 operate within a Spending Constraint framework termed Salary Cost Management Protocol (SMCP). SCMP limits spending on player wages to a percentage of club Turnover. In League 1 clubs can spend a maximum of 60% of their turnover on wages - in League 2, the limit is 55%. There are no restrictions (in themselves) on the amount a club can lose or spend on transfer fees. 

 

 

Under the SCMP rules, the definition of 'Turnover' is particularly important as Turnover is used to determine the maximum wage-spend. Within a traditional accounting perspective, there are usually only three elements of turnover: 

 

  • Match-day Income 
  • Commercial Income (such as sponsorship) 
  • TV revenue (and any 'merit payments' based on league position)

 

However the Football League use a is broader definition of Turnover. Crucially, the FL Turnover figure includes donations from the owners to the club and injections of equity. Loans from club owners are understandably not included in the Turnover figure as these would result in growing club debts. up club debts.  In League 1 and League 2, a wealthy owner can therefore fund the club spending in a way that is not permitted in other divisions. Manchester City and Leicester for example seem set for punishment for their excessive losses (from UEFA and the Championship respectively) despite the fact that the owners have injected hard cash into the club to finance the spending.

Yeah it’s just that it would hold them back then getting promoted to the championship.
 

Particularly if the EFL follows the PL and UEFA wages to turnover percentage FFP calculation. They simply don’t have the revenue as it stands on that 

Posted
Just now, CosbehFox said:

Yeah it’s just that it would hold them back then getting promoted to the championship.
 

Particularly if the EFL follows the PL and UEFA wages to turnover percentage FFP calculation. They simply don’t have the revenue as it stands on that 

The Championship is where it will get difficult for them, but League One should be fairly plain sailing for them if they want to spend the cash.

Posted
12 minutes ago, SouthStandUpperTier said:

The Championship is where it will get difficult for them, but League One should be fairly plain sailing for them if they want to spend the cash.

Agreed but the implications of FFP mean it’s your last three years under the microscope rather than that single year. 

  • 3 months later...
Posted

Good start to Wrexhams league 1 campaign with a 3-2 win over Wycombe 

 

Could they go back to back to back promotions?

 

Probably more interesting following their fortunes this season than Leicesters tbh 

Posted
28 minutes ago, CosbehFox said:

Went today. Excellent day out. The missus watched the game in the Turf lol

Nice one. What did you make of the ground, atmosphere and everything?

Posted (edited)
21 minutes ago, Izzy said:

Nice one. What did you make of the ground, atmosphere and everything?

Ground is decent; mix of the old and new. Like how footy used to be. Just a shame about the temporary stand. 
 

The atmosphere was up and down. Very good to start, dipped at 2-0 and then got loud when Wycombe got it back to 2-1. Give Wycombe their due. They made some noise. (I sat with them, only way of getting a ticket) 
 

Most of all I just found people welcoming. No beef. Wrexham fans genuinely seem taken aback by everything. The wife was sat alongside Americans, Germans and a couple from Oswestry in the Turf. It’s not particularly a great pub, it’s just there 
 

It occurred to me at kick off that here were two set of fans really excited about the new season, can’t say the same about us 

Edited by CosbehFox
  • Like 2
  • Thanks 1
Posted
12 hours ago, Izzy said:

Good start to Wrexhams league 1 campaign with a 3-2 win over Wycombe 

 

Could they go back to back to back promotions?

 

Probably more interesting following their fortunes this season than Leicesters tbh 

I think they'll be very dissapointed if they aren't a championship club next season.   

  • Like 2
Posted
6 hours ago, purpleronnie said:

I think they'll be very dissapointed if they aren't a championship club next season.   

If they do that, it's an incredible achievement, Hollywood money or not.

 

Will always feel slightly tied to them after our battle for the National League title two seasons ago.

 

Wasn't quite the same battle last season and they've left us behind. 

 

I hope they do it.

  • Like 1
Posted
9 minutes ago, spacemunky said:

If they do that, it's an incredible achievement, Hollywood money or not.

 

Will always feel slightly tied to them after our battle for the National League title two seasons ago.

 

Wasn't quite the same battle last season and they've left us behind. 

 

I hope they do it.

I'm assuming no club has ever managed 3 promotions in 3 seasons at this level?  I certainly can't recall any.

Posted (edited)
7 minutes ago, purpleronnie said:

I'm assuming no club has ever managed 3 promotions in 3 seasons at this level?  I certainly can't recall any.

depends when you cut it off. Ie if you include non league
 

Swansea did 3 in 4. 

Northampton and Fulham did 3 promotions in 5.

 

Edited by CosbehFox

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