2023/24 Financials (The Club made a pre-tax loss of £19.4M for the 12-months to 30 June 2024)

[moore_94]

We are definitely going to be one of the clubs on the naughty step aren’t we?

 

 

[filbertway]

You can't submit what you don't have

[AjcW]

Whenever this is released, you can guarantee they won't provide this handy and easy to understand article on the website like Spurs have done.

 

https://www.tottenhamhotspur.com/news/2025/march/financial-results-year-ended-30-june-2024/ 

[LFEFox23]

29 minutes ago, AjcW said:

Whenever this is released, you can guarantee they won't provide this handy and easy to understand article on the website like Spurs have done.

 

https://www.tottenhamhotspur.com/news/2025/march/financial-results-year-ended-30-june-2024/ 

Wow, that would be nice!

[john ridley]

If we get a transfer ban it will could be the wake up call thats needed to bring youth through and stop buying  the rubbish we've built  up over the last 4/5 years.

[Corky]

Why wouldn't we file it before the deadline? And this is a genuine question- what would we gain by not doing it?

[ClaphamFox]

18 minutes ago, john ridley said:

If we get a transfer ban it will could be the wake up call thats needed to bring youth through and stop buying  the rubbish we've built  up over the last 4/5 years.

Oh for the love of God not this again. Nobody has any grounds to impose a transfer ban on us - and if they did it would be a disaster because we’d just end up keeping unwanted, disinterested players who we’d otherwise be able to replace. 

Edited 31 March by ClaphamFox

[moore_94]

26 minutes ago, Corky said:

Why wouldn't we file it before the deadline? And this is a genuine question- what would we gain by not doing it?

We were late doing it last year - I think that was to do with the loophole stuff we used

Edited 31 March by moore_94

[Spudulike]

25 minutes ago, ClaphamFox said:

Oh for the love of God not this again. Nobody has any grounds to impose a transfer ban on us - and if they did it would be a disaster because we’d just end up keeping unwanted, disinterested players who we’d otherwise be able to replace. 

Can't see any of the unwanted, disinterested players going anywhere. Who'd have them?

[ramboacdc]

So if we don't file them what happens? A fine I assume and a bit of a telling off? 

[HankMarvin]

30 minutes ago, ClaphamFox said:

Oh for the love of God not this again. Nobody has any grounds to impose a transfer ban on us - and if they did it would be a disaster because we’d just end up keeping unwanted, disinterested players who we’d otherwise be able to replace. 

But the disinterested players nobody wants are on high wages and next season we will have the lowest PSR threshold we have had in over 10 years. 
So hypothetically keeping those players isn’t sustainable 

[ClaphamFox]

6 minutes ago, Spudulike said:

Can't see any of the unwanted, disinterested players going anywhere. Who'd have them?

I think Faes’s status as a regular starter for Belgium combined with his relatively low book value will mean we’re able to shift him. We may also be able to offload Soumare on the continent, if only on loan. Hopefully Ayew and BDCR won’t fancy playing in the Championship and will seek moves elsewhere. I’d love to say the same about Vestergaard but that might be stretching it a bit…

 

2 minutes ago, HankMarvin said:

But the disinterested players nobody wants are on high wages and next season we will have the lowest PSR threshold we have had in over 10 years. 
So hypothetically keeping those players isn’t sustainable 

They will have relegation clauses that see their wages drop considerably. Without a transfer embargo, we would likely seek to offload them and replace them; with an embargo, we’d be more inclined to keep them. Thankfully this is all a bit academic as we’re not getting a transfer embargo. 

[HankMarvin]

4 minutes ago, ClaphamFox said:

I think Faes’s status as a regular starter for Belgium combined with his relatively low book value will mean we’re able to shift him. We may also be able to offload Soumare on the continent, if only on loan. Hopefully Ayew and BDCR won’t fancy playing in the Championship and will seek moves elsewhere. I’d love to say the same about Vestergaard but that might be stretching it a bit…

 

They will have relegation clauses that see their wages drop considerably. Without a transfer embargo, we would likely seek to offload them and replace them; with an embargo, we’d be more inclined to keep them. Thankfully this is all a bit academic as we’re not getting a transfer embargo. 

Including clause last time

It was the highest in the division, Just under £60m we have also added a host of high earners relative to the champ since then plus players like Soumare and Victor back. 
It wouldn’t be possible to maintain anywhere near that wage bill next season.

Leeds for example sold €160m worth of players and have still had to reduce the wage bill.

 

 

[ClaphamFox]

Leeds have had two consecutive seasons in the EFL. If we’d have failed to get promoted last season we’d also had to have reduced the wage bill further. I’m not saying we’ll have exactly the budget we had for 23/24, but in terms of resources we’ll be one of the strongest teams in the division.

[HankMarvin]

53 minutes ago, ClaphamFox said:

Leeds have had two consecutive seasons in the EFL. If we’d have failed to get promoted last season we’d also had to have reduced the wage bill further. I’m not saying we’ll have exactly the budget we had for 23/24, but in terms of resources we’ll be one of the strongest teams in the division.

That’s the point I was making, you said if there was a transfer embargo we could just keep the players.

Thats not possible with a 22m reduction in PSR.
I used Leeds as an example as we will be on the same PSR next season, whilst we have an increase in revenue this season we have also had nearly a 50 percent higher wage bill and a current net spend of -€89m and it that profit soon gets eaten up.

 

We also used a loophole last time to aggressively spend to push for promotion and it’s probably why our wage bill was nearly 30% higher than Southampton’s in the Championship despite them selling €187m worth of players.

[Ric Flair]

2 hours ago, ClaphamFox said:

I think Faes’s status as a regular starter for Belgium combined with his relatively low book value will mean we’re able to shift him. We may also be able to offload Soumare on the continent, if only on loan. Hopefully Ayew and BDCR won’t fancy playing in the Championship and will seek moves elsewhere. I’d love to say the same about Vestergaard but that might be stretching it a bit…

 

They will have relegation clauses that see their wages drop considerably. Without a transfer embargo, we would likely seek to offload them and replace them; with an embargo, we’d be more inclined to keep them. Thankfully this is all a bit academic as we’re not getting a transfer embargo. 

Vestergaard has no book value left and his wages in the Championship ought to see a European club after him for a nominal fee, the issue is whether he'd be willing to move.

[sylofox]

2 hours ago, Spudulike said:

Can't see any of the unwanted, disinterested players going anywhere. Who'd have them?

But if we sell Hermansen do we re sign WARD???

[sylofox]

I don’t know what this all means. Can we get a transfer back?

Can we get a points deduction?

Can we get a huge fine that's added to psr so we can't spend?

 

 

What I do know is Top Rudkin and Whelan have truly fvcked our great club over.

Vichai's legacy has been well and truly destroyed.

 

Starting to think the positions they've put us in is worse than administration. With that we could get an investor.

 

What they've done is **** it up for anyone coming in.

[coolhandfox]

8 minutes ago, sylofox said:

I don’t know what this all means. Can we get a transfer back?

Can we get a points deduction?

Can we get a huge fine that's added to psr so we can't spend?

 

 

What I do know is Top Rudkin and Whelan have truly fvcked our great club over.

Vichai's legacy has been well and truly destroyed.

 

Starting to think the positions they've put us in is worse than administration. With that we could get an investor.

 

What they've done is **** it up for anyone coming in.

Nothing other them a fine if you file them late.

[sylofox]

17 minutes ago, coolhandfox said:

Nothing other them a fine if you file them late.

So more money we don't have wasted for being late.

 

They really are fvcking idiots then.

 

Let's just piss off the epl and efl.

 

You think that's wise?

[Sol thewall Bamba]

21 minutes ago, coolhandfox said:

Nothing other them a fine if you file them late.

I'm sure the Great Leader will take another loan out in the club's name to pay it. Everything is fine comrade! 

[sylofox]

2 minutes ago, sylofox said:

So more money we don't have wasted for being late.

 

They really are fvcking idiots then.

 

Let's just piss off the epl and efl.

 

You think that's wise?

Oh and a fine that probably goes against your psr for being stupid.

[MattFox]

Massive loses incoming I suspect 

[sylofox]

1 hour ago, coolhandfox said:

Nothing other them a fine if you file them late.

Well at least the captain of the Titanic had the brains to try to avoid it.

 

Our captain seems to be steaming head long into it.

But hey what's a few million fine between friends.

Edited 31 March by sylofox

[1972 Fox]

4 hours ago, ClaphamFox said:

Ayew and BDCR won’t fancy playing in the Championship and will seek moves elsewhere.

 Won't fancy playing at their level? Unfortunately we'll be stuck with them, and due to the contracts/wages we've given them, no other club will want them.

 

We never learn. Vestergaard, Bertrand, Soumare, Amartey, Ward, Kristiansen, to name but a few. 

 

Edited 31 March by 1972 Fox