Financial implications of relegation?

[hackneyfox]

Do we still have loans taken out against future tv payments?

 

[dnewty]

Just now, hackneyfox said:

Do we still have loans taken out against future tv payments?

 

Yep

[Dames]

Just now, hackneyfox said:

Do we still have loans taken out against future tv payments?

 

Yes and the parachute payments are the security. Cash flow is going to be very very tight for the foreseeable future.

 

This is what happens when the club is heavily mismanaged and the board think we are too good to go down. 

[HybridFox]

We'll get decent attendances relative to the Championship but would be lucky to hit 25K. That coupled with lower ticket prices generally will mean a reduction in what we can bring in

[MattFox]

Top has destroyed our future

[Getin]

There will be the usual blood letting of hard working support and backroom staff no doubt to fund salary increase and performance!!! bonuses for Whelan, Rudkin et al.

[turlo]

The existing loans against guaranteed TV revenue are covered by this seasons EPL TV money that we recieve at the end of the season. 

[dannythefox]

11 minutes ago, hackneyfox said:

Do we still have loans taken out against future tv payments?

 

Yes up to 25/26 season apparently.

[Poznan34]

Barnes and Maddison will bring in £80m, shouldn't be too bad 

[Stuntman_Mike]

4 minutes ago, Poznan34 said:

Barnes and Maddison will bring in £80m, shouldn't be too bad 

Problem is though any club we want to buy from will be demanding silly money for their players and we need about a dozen. That money won't last long! We're going to need to be shrewd in the loan market too.

[JohnnieFoxWalker]

Agreed, loans of Chelsea, Liverpool, Man City etc youngsters will be the way forward

 

[JohnnieFoxWalker]

With Mark Robins in charge - if Cov trip up in the PO's

 

[JimmyC74]

Kieran Macguire recently said our wages to turnover ratio was 85% in the EPL and average player is on 87k a week so the challenge is reshaping the squad with reduced commercial revenues and having already used loans linked to future transfer / broadcast income receivables

[Foxy-Lady]

19 minutes ago, MattFox said:

Top has destroyed our future

His biggest failing has been his "blind" loyalty to Jon Rudkin who has proved to be over-promoted and out of his depth with our transfer dealings, player contracts and failings throughout the football club at all levels.

Rudkin has used OUR football club as a vehicle for his own egotistical ambitions....yet Top has failed to see or question this....and we are now seeing the results

[davieG]

25 minutes ago, Dames said:

Yes and the parachute payments are the security.

Apparently you don't get that if you get straight back up I read recently?

[turlo]

With the parachute payments, next season we will get 55% of the TV revenue that we would've got if we were still in the EPL. Thats a significant hit on our primary source of revenue

[Dames]

15 minutes ago, Poznan34 said:

Barnes and Maddison will bring in £80m, shouldn't be too bad 

80 if we stay up 50 if we go down. Its going to be a firesale. 
 

1 minute ago, davieG said:

Apparently you don't get that if you get straight back up I read recently?

That would be helpful but I don’t think we’ll be coming straight back up. Too much needs doing and I highly doubt the club has planned for a stint in the Championship. 

[yorkie1999]

22 minutes ago, Getin said:

There will be the usual blood letting of hard working support and backroom staff no doubt to fund salary increase and performance!!! bonuses for Whelan, Rudkin et al.

Doubt it, all the decent ones fvcked of last year.

[AjcW]

Would assume FBS are going to be pretty cheesed off that their big money sponsorship deal will now be in the championship... wonder if they have a break clause.

[CosbehFox]

Plenty of relative newly employed middle management to clear out 

Edited 9 May 2023 by CosbehFox

[bovril]

11 minutes ago, JohnnieFoxWalker said:

With Mark Robins in charge - if Cov trip up in the PO's

 

I'm amazed at what Robins has done. But he seems a bit like Pearson with us, where I wonder if he could replicate it elsewhere. 

[JimmyC74]

2 minutes ago, AjcW said:

Would assume FBS are going to be pretty cheesed off that their big money sponsorship deal will now be in the championship... wonder if they have a break clause.

Quite possible or commercial terms are linked to the league we are in

[davieG]

8 minutes ago, Dames said:

80 if we stay up 50 if we go down. Its going to be a firesale. 
 

That would be helpful but I don’t think we’ll be coming straight back up. Too much needs doing and I highly doubt the club has planned for a stint in the Championship. 

Oh I agree just clarifying the situation.

[davieG]

What's the situation with FFP in the Championship?

[StevieH]

33 minutes ago, MattFox said:

Top has destroyed our future

Very harsh I'm afraid with what he has done for the club over the last 10 years. Get a grip. Players not giving a shite doesn't help!