Finances

[turlo]

Rob Tanner was on Talksport just now and summarised as follows (nothing that's not already been out there):

• Club wage bill has become too high, which is unsustainable + club wanted wanted to comply with existing & future FFP Regs. Part of the reason wages had become so high was from strengthening the squad to compete for European places & contract renewals - recent success meant players are asking for more money
• Club wanted to move squad players on but offers were not coming in, which would cover a high % of player wages. 
• Didn't plan to sell Fofana and thought he would stay after initial talks with him when the first bid came in. That changed late on and had to sell.
• Rodgers needs to get on with things now the window is shut, as his negative demeaner is affecting the players & fan base.
• Wage bill is still an issue after Fofana sale

 

 

[UHDrive]

5 minutes ago, turlo said:

Rob Tanner was on Talksport just now and summarised as follows (nothing that's not already been out there):

• Club wage bill has become too high, which is unsustainable + club wanted wanted to comply with existing & future FFP Regs. Part of the reason wages had become so high was from strengthening the squad to compete for European places & contract renewals - recent success meant players are asking for more money
• Club wanted to move squad players on but offers were not coming in, which would cover a high % of player wages. 
• Didn't plan to sell Fofana and thought he would stay after initial talks with him when the first bid came in. That changed late on and had to sell.
• Rodgers needs to get on with things now the window is shut, as his negative demeaner is affecting the players & fan base.
• Wage bill is still an issue after Fofana sale

 

 

Nice to know the club are outlining the issues but NOT taking responsibility for it. 

[taupe]

The club must have been really generous with wages, it's not like we've lured megastars. Rock and a hard place really innit? Until those costly contracts expire anyway.

[taupe]

17 minutes ago, turlo said:

 

• Club wanted to move squad players on but offers were not coming in, which would cover a high % of player wages

Offers full-stop or offers that would cover most of the wage?

 

I assume we're talking loans and Praet particularly.  Were there any other offers? 

[tsintskaro]

26 minutes ago, turlo said:

Rob Tanner was on Talksport just now and summarised as follows (nothing that's not already been out there):

• Club wage bill has become too high, which is unsustainable + club wanted wanted to comply with existing & future FFP Regs. Part of the reason wages had become so high was from strengthening the squad to compete for European places & contract renewals - recent success meant players are asking for more money
• Club wanted to move squad players on but offers were not coming in, which would cover a high % of player wages. 
• Didn't plan to sell Fofana and thought he would stay after initial talks with him when the first bid came in. That changed late on and had to sell.
• Rodgers needs to get on with things now the window is shut, as his negative demeaner is affecting the players & fan base.
• Wage bill is still an issue after Fofana sale

 

 

bullshit 

all talk no action

 

[taupe]

21 minutes ago, UHDrive said:

Nice to know the club are outlining the issues but NOT taking responsibility for it. 

Do you get the sense they are suggesting anyone else is responsible?

[UHDrive]

4 minutes ago, taupe said:

Do you get the sense they are suggesting anyone else is responsible?

No. Its very open ended. Accountability generally takes place from the top though although I wouldn't expect any such quotes from Top saying he or the club have made some pretty big and potentially disasterous errors I.e. relegation.

[lcfcsnow]

38 minutes ago, turlo said:

• Wage bill is still an issue after Fofana sale

If this is the case, why extend Vardy's contract given he's approaching 36 and out of form. Why extend Choudhury's contract for a year when we've been trying to sell him all summer, Ricardo's new four year contract after a month back from injury, now crocked again. Brunt, and even Hirst got new deal this week until 2025 when neither have proved anything above League 1. We are too generous and this can go back years to Matty James and Albrighton being kept on for far too long.

[StonyFox]

37 minutes ago, turlo said:

Rob Tanner was on Talksport just now and summarised as follows (nothing that's not already been out there):

• Club wage bill has become too high, which is unsustainable + club wanted wanted to comply with existing & future FFP Regs. Part of the reason wages had become so high was from strengthening the squad to compete for European places & contract renewals - recent success meant players are asking for more money
• Club wanted to move squad players on but offers were not coming in, which would cover a high % of player wages. 
• Didn't plan to sell Fofana and thought he would stay after initial talks with him when the first bid came in. That changed late on and had to sell.
• Rodgers needs to get on with things now the window is shut, as his negative demeaner is affecting the players & fan base.
• Wage bill is still an issue after Fofana sale

 

 

If the wage bill was the biggest issue and was hindering new recruitment, couldn't they have said to the players they want to move on "you can go on a free and play somewhere else, or stay here and not play". It sounds as though we wanted to move players on, but only if we got the right fee. Might have been better to cut our losses to reduce the wage bill if that was the problem. 

 

The issue now is that everyone, including the players, know that the club aren't doing great. Not good for morale or attracting new players. 

[Fear Of The Fox]

2 minutes ago, lcfcsnow said:

If this is the case, why extend Vardy's contract given he's approaching 36 and out of form. Why extend Choudhury's contract for a year when we've been trying to sell him all summer, Ricardo's new four year contract after a month back from injury, now crocked again. Brunt, and even Hirst got new deal this week until 2025 when neither have proved anything above League 1. We are too generous and this can go back years to Matty James and Albrighton being kept on for far too long.

Vardy is not out of form. He doesn't have any support because of the atrocious tactical approach by Rodgers. Put Vardy on top at Arsenal or Liverpool and he will score loads. It's not rocket science. Vardy won't create the chances by himself, he never did. 

[cruzFOX]

The club and us all have to get out of this blame game. It’s dragging us all down I mean literally we could freefall into relagation. There is still some life left in this squad but need to get everyone on board and singing the same song. It’s chaos at the moment,

in time we will know those that have been responsible for the demise. I for one don’t want that distraction any further to lead our club into a relagation struggle we should be no where near. We saw what happened at Everton last season. Things can get very very ugly! So let’s unite do our part and get behind the team and Rogers (yes he’s still our manager for now) and get some vital points. Otherwise hate and bitterness will destroy everything good we have built over the past 8 years. 🙏🏽

[hejammy]

2 minutes ago, Fear Of The Fox said:

Vardy is not out of form. He doesn't have any support because of the atrocious tactical approach by Rodgers. Put Vardy on top at Arsenal or Liverpool and he will score loads. It's not rocket science. Vardy won't create the chances by himself, he never did. 

To be fair he's missed quite a few sitters recently 

[Fear Of The Fox]

1 minute ago, cruzFOX said:

The club and us all have to get out of this blame game. It’s dragging us all down I mean literally we could freefall into relagation. There is still some life left in this squad but need to get everyone on board and singing the same song. It’s chaos at the moment,

in time we will know those that have been responsible for the demise. I for one don’t want that distraction any further to lead our club into a relagation struggle we should be no where near. We saw what happened at Everton last season. Things can get very very ugly! So let’s unite do our part and get behind the team and Rogers (yes he’s still our manager for now) and get some vital points. Otherwise hate and bitterness will destroy everything good we have built over the past 8 years. 🙏🏽

I agree with everything you said except the Rodgers part. I'd rather have a member of FoxesTalk as a manager right now than him. 

[Chrysalis]

9 minutes ago, lcfcsnow said:

If this is the case, why extend Vardy's contract given he's approaching 36 and out of form. Why extend Choudhury's contract for a year when we've been trying to sell him all summer, Ricardo's new four year contract after a month back from injury, now crocked again. Brunt, and even Hirst got new deal this week until 2025 when neither have proved anything above League 1. We are too generous and this can go back years to Matty James and Albrighton being kept on for far too long.

All strikers need more than once chance a game to thrive, we not utilising Vardy correctly, a management issue.

 

Ricardo given how good he is perhaps they felt worth the gamble.

 

The wage structure is broken, the main problem seemingly we paying unproven new recruits and squad fillers too much.

[Phenom]

Sounds like the Board and Rudkin deserve some heat, too. 

[Phenom]

6 minutes ago, cruzFOX said:

The club and us all have to get out of this blame game. It’s dragging us all down I mean literally we could freefall into relagation. There is still some life left in this squad but need to get everyone on board and singing the same song. It’s chaos at the moment,

in time we will know those that have been responsible for the demise. I for one don’t want that distraction any further to lead our club into a relagation struggle we should be no where near. We saw what happened at Everton last season. Things can get very very ugly! So let’s unite do our part and get behind the team and Rogers (yes he’s still our manager for now) and get some vital points. Otherwise hate and bitterness will destroy everything good we have built over the past 8 years. 🙏🏽

The Board and Rodgers are destroying what they’ve built — not us.

[Fear Of The Fox]

3 minutes ago, hejammy said:

To be fair he's missed quite a few sitters recently 

Yes but do we except Vardy to convert 1 out of 2 chances? We just don't create enough. We're the only team in the PL that brings just 1-2 bodies in the box for 2 years now. 

[turlo]

25 minutes ago, taupe said:

Offers full-stop or offers that would cover most of the wage?

 

I assume we're talking loans and Praet particularly.  Were there any other offers? 

It was a short interview with Rob Tanner and didn't go into detail + might only have limited detail himself - whether he gets this direct from someone in the club or not who knows. The stuff around our wage bill being too high is common knowledge, so could be his own interpretation of the information available by looking at the clubs accounts

[alanf0x]

Do feel for poor Brendan having to try and struggle through his day to day duties on 10 million pounds a year. 

[Fear Of The Fox]

2 minutes ago, alanf0x said:

Do feel for poor Brendan having to try and struggle through his day to day duties on 10 million pounds a year. 

I do feel also for all these modern players that earn thousands per minute and after a defeat they go home playing FIFA and COD and posting their stories on Insta and Twitter. 

[HankMarvin]

53 minutes ago, turlo said:

Rob Tanner was on Talksport just now and summarised as follows (nothing that's not already been out there):

• Club wage bill has become too high, which is unsustainable + club wanted wanted to comply with existing & future FFP Regs. Part of the reason wages had become so high was from strengthening the squad to compete for European places & contract renewals - recent success meant players are asking for more money
• Club wanted to move squad players on but offers were not coming in, which would cover a high % of player wages. 
• Didn't plan to sell Fofana and thought he would stay after initial talks with him when the first bid came in. That changed late on and had to sell.
• Rodgers needs to get on with things now the window is shut, as his negative demeaner is affecting the players & fan base.
• Wage bill is still an issue after Fofana sale

 

 

It just doesn’t make sense 

surely financial analysts would’ve taken into account worse case scenarios before spending 100m on the training ground.

 

Whilst i accept we are bloated with bit part players high wages.

 

 

we have got rid of

Kasper 

Fofana 

Choudary (how much percent are Watford paying?)

lookmans wage 

 

One new Defender in 

Praet and Iversen back on the wage bill.

 

Surely there was enough for Lookman deal and his wage at the time.

 

I think it’s more of a case of they don’t trust BR judgment anymore and it’s a way of squeezing him out.

 

The club can’t be happy with the way YT and Soyuncu contracts have panned out.

it’s a massive loss for a club our size and for 2 to happen simultaneously is unforgivable when as a club we have invested in the best training facilities and an elite manager (on paper and by salary) 

[Fox seen in Norwich]

Scenes when 19 clubs get relegated for breaking FFP and we end up champions 🏆 

[when_you're_smiling]

46 minutes ago, taupe said:

The club must have been really generous with wages, it's not like we've lured megastars. Rock and a hard place really innit? Until those costly contracts expire anyway.

It’s all relative though. Compared with the teams we’re trying to go up against its comparatively small wages we pay out. The problem with FFP is instead it works by comparing our wages with our (often much) smaller turnover.

[Spudulike]

2 minutes ago, Fox seen in Norwich said:

Scenes when 19 clubs get relegated for breaking FFP and we end up champions 🏆 

The Premier League haven't got the balls to deduct points for breach of FFP (or more importantly, the lawyers). 

[kristianity77]

36 minutes ago, lcfcsnow said:

If this is the case, why extend Vardy's contract given he's approaching 36 and out of form. Why extend Choudhury's contract for a year when we've been trying to sell him all summer, Ricardo's new four year contract after a month back from injury, now crocked again. Brunt, and even Hirst got new deal this week until 2025 when neither have proved anything above League 1. We are too generous and this can go back years to Matty James and Albrighton being kept on for far too long.

Good read until the Albrighton bit.  Guy never really puts a foot wrong when he pulls on the shirt and always gives his all, something the majority of the squad could take note of.