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Posted (edited)

It feels like everyday the same threads appearing on incoming players who are free agents - Ings, Chaplin, McCarthy etc. How many more do we have sell, loan, bin off before we sign one of these free agents. It really does make you wonder how bad the financial situation really is.

Edited by MGLCFC
Posted (edited)

We obviously need to offload higher earners before we bring more in. 

 

Focus is outgoings at the moment.

 

Last seasons business should have made you realise how bad the financial situation is.

Edited by coolhandfox
  • Like 1
Posted (edited)
19 minutes ago, coolhandfox said:

Last seasons business should have made you realise how bad the financial situation is.

I thought we might have got a few free transfers over the line by now - quite a few have moved on or not had their contracts renewed. Don't really see the point a getting a new manager in with completely new ideas if the squad we are left with have not been party to it during pre-season.

Edited by MGLCFC
Posted
39 minutes ago, MGLCFC said:

I thought we might have got a few free transfers over the line by now - quite a few have moved on or not had their contracts renewed. Don't really see the point a getting a new manager in with completely new ideas if the squad we are left with have not been party to it during pre-season.

Just goes to show how frail our finances are and how much harm has been done by relegation.

 

I'm not sure the shite has actually hit the fan with us yet.

Posted
4 hours ago, sylofox said:

Just goes to show how frail our finances are and how much harm has been done by relegation.

 

I'm not sure the shite has actually hit the fan with us yet.

We have to show we forecast to stay within the 65% of turnover constantly, not just submit a financial forecast at the start and then hope to make ends meet at the end of the season and sell. 

 

Posted

We seemed to have a lot of young hungry players in friendly, just need a young striker from somewhere, and then put a ban on inbound players so we cant do more damage.

Posted

Would it be bad to force a few out? Not sure if we are avoiding it so we don't put off future signings, but surely the crap high earners would push harder for a move, even cut price, if those knew they won't even be in the squad, affectively hurting their careers...

Posted

In terms of spending cash, I would imagine they are trying to create some headroom with book value. Currently we roughly have the following still on the books:

 

- Faes - £3m per year. 

- Souttar - £3m per year.

- Okoli - £2.6m per year.

- Kristensen - £3.4m per year.

- Skipp - £4m per year.

- Mavididi - £1.3m per year.

- Fatawu - £3m per year.

 

That total's around £20.3m currently on the books and we have raised around £14.5m profit through the sales of BEK and Monga. Obviously this is not including wages which I assume for most of these are huge for league one. 

  • Like 1
Posted

Wasn’t it something like 40m quid needed before we start spending, and to avoid another potential points deduction? Monga a great start but we probably need those Fatawu, Souttar and Nelson fees cumulative before we see someone signed for a price. 

Posted
4 hours ago, KFS said:

Wasn’t it something like 40m quid needed before we start spending, and to avoid another potential points deduction? Monga a great start but we probably need those Fatawu, Souttar and Nelson fees cumulative before we see someone signed for a price. 

Does Khannous money count ? 

Posted

You'd imagine Fatawu, Faes and Vestergaard at least need to have been sold/moved on before we can bring anyone in, joining Winks, Monga, El Khannous, Daka, Ayew, Kristiansen in moving off the books.

Monga, Elk and Fatawu should generate the £40m income needed on their own and the rest of the outgoings should rid us of the highest earners / deadest wood

My major concern after that is the horrribly ragged squad it leaves us with. 

Goalie - Fine and League One or above standard.

Full back - unproven right back, ok left back but zero cover.

Centre Back - no idea who will be left and how motivated they will be. A real issue. If we have Nelson, Okoli, Gray at start of season and expect to play passing football we are headed for disaster.

Centre Mid - relative strength with Choudhury, Skipp, Chaplin, Page, Braybrooke. Actually it is a massive imbalance towards centre mids in the squad.

Wingers: Mavididi, Alves and then some youth prospects including Evans. No strength or depth above league one quality.

Strikers: None. Hutchinson, Opoku etc would be 4th or 5th choice in a  proper League One winning squad so we have the exact same issue we had last year with no goals in the squad.

 

So conservatively we need 3 defenders, 2 wingers and 2 strikers in the next 3 weeks to have even a passable league one squad, which is never going to happen given how late our sales business is likely to be.

I can see us struggling early in the League against bigger physical teams who know the league. Bullying Stola at corners, and the same for Braybrooke, Alves, Aluko + whoever we have up front.

Worrying times.

Posted

As always the club seems to start with goalkeepers and leaves the striker situation very late. Really need to keep Souttar if we can IMO full back situation isn’t great either.. Would be nice if we could sign a couple of talented hungry young attacking prospects but haven’t seen any sign that any money is going to be spent or scouting is going on

Posted

Think people are underestimating this rebuild.

 

We probably need a lot more money before we can spend.

 

Fatawu, Souttar, Faes, Skipp and Nelson to go.

 

We probably need to bring in 2 x CB, 2 x CF, DCM and 2 x Wingers minimum.

 

It going to be madness until the end of the deadline in and out.

Posted

Can't help but think the team we have at end of August will bear not much resemblance to week 1 of pre season. Think we are essentially getting the players fit for departure. 

 

The tactics etc will have to be bedded in again. Hopefully the young lads are listening now and embracing what Martins ideas. 

 

Think there could be some in after Fatawu goes, but there may be another 4 CB to leave yet. Nelson, Okoli, Faes, Souttar. 

 

It will be late when we can fully assemble the squad. 

  • Like 2
Posted
19 minutes ago, ThorpeAstleyFox said:

It will be free transfers and loan signings. The money recouped from player sales will be to service our debts.

Which is frightening because what happens next summer, relying solely on academy players increasing value significantly to raise funds. 

  • Like 1
Posted
2 hours ago, Ric Flair said:

Which is frightening because what happens next summer, relying solely on academy players increasing value significantly to raise funds. 

A major issue is that we have already sold most of the assets capable of generating a significant profit. We are now looking at players such as Alves, Braybrooke, Page, and Aluko as some of our few remaining saleable assets, and even then, that depends on them having strong seasons and continuing their development. The cupboard is largely bare.

 

This is a symptom of our poor transfer strategy during the 2023/24 and 2024/25 transfer windows. We spent around £45 million on experienced players with little or no resale value, such as Ayew, Skipp, Winks, and Coady. While these signings may have addressed short-term needs, they have done little to strengthen the club's long-term financial position.

 

We have not always got youth recruitment right either- Okoli is an example where the return has been less clear, but, in general, our record with younger players has been far more positive than negative. Players such as Cannon, Hermansen, and Fatawu were signed for a combined fee of around £27 million and have  generated fees in excess of £45 million. That demonstrates the value of investing in younger talent with both on-field potential and significant resale value.

 

Going forward, any experienced players we sign should ideally be on free transfers only. Given the club's financial position, transfer fees should be reserved for players aged 24 and under who have the potential to improve, increase in value, and generate future profits.

  • Like 3
Posted

We’ve done really well to clear a lot of the shit from last season and getting big wages off the books whilst getting some half decent fees for players. 
 

That said, we need to start getting players in asap. I understand the financial limitations we have but we’ve just sold players for over £30m, even a third of that on 2/3 players would be great at this level

Posted
27 minutes ago, Staffs Fox said:

We’ve done really well to clear a lot of the shit from last season and getting big wages off the books whilst getting some half decent fees for players. 
 

That said, we need to start getting players in asap. I understand the financial limitations we have but we’ve just sold players for over £30m, even a third of that on 2/3 players would be great at this level

You do realise we only receive £2m.of income from being in League One right?? And we've already spent the £35m pars huge payment we would have been due from the premier League this year???..... 

 

So in short.... That £30m from player sells is already largely spent purely on operating costs. I wouldn't even be surprised if we saw some of our stands closed this year and crowds consolidated across 3 stands.  

 

There is zero chance we spend £10m on player purchases. 

  • Haha 1
Posted
56 minutes ago, Greg2607 said:

So in short.... That £30m from player sells is already largely spent purely on operating costs. I wouldn't even be surprised if we saw some of our stands closed this year and crowds consolidated across 3 stands.  

 

How will that work when they've sold 23 500 season tickets + 3 200 away allocation?

  • Like 1

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