artursteppe Posted 30 July 2011 Posted 30 July 2011 My view on the economics of all this. It is good business. First eight players in cost about £8m, let's just say an average of about £25k each per week in wages, £10m. Total cost after one year would be about £18m. The value of those players would be more than £20m in a year's time, no problem. It will also be the same with anyone else we bring in. That is why Sven and Top are running the club so well. It really is quite simple, and an excellent business strategy. That is the value of bringing in players who cost nothing. We would be making a profit.
Guest Posted 30 July 2011 Posted 30 July 2011 £7m for Shane Long is an absurdity. Having Howard as our main target for the season is worse.
Bryn Posted 30 July 2011 Posted 30 July 2011 My view on the economics of all this. It is good business. First eight players in cost about £8m, let's just say an average of about £25k each per week in wages, £10m. Total cost after one year would be about £18m. The value of those players would be more than £20m in a year's time, no problem. It will also be the same with anyone else we bring in. That is why Sven and Top are running the club so well. It really is quite simple, and an excellent business strategy. That is the value of bringing in players who cost nothing. We would be making a profit. Don't quit your day job.
Bob Weasel Fox Posted 30 July 2011 Posted 30 July 2011 Having Howard as our main target for the season is worse. please folks dont forget we have the Kerminator
Raw Dykes Posted 30 July 2011 Posted 30 July 2011 I think as city supporters we are guilty of being a bit small minded , it's not our fault christ knows we have had more than our share of let downs over the years , but these owners are the real deal they will pay what ever it takes to get their brand name shown all over the world via the premiership . It feels like silly money to us because we are just not used to mixing with the big boys . If they spent twenty million on getting us up it would be worth it to them as businessmen it's a simple arithmetical equation. Come on guys get used to it these are going to be the best years this club has ever seen . Enjoy it because it WILL last . I'm with you to some degree. It's never a good idea to expect too much and set yourself up for crashing disappointment. However, if you can't be excited to be a Foxes fan right now, then when can you?
Bob Weasel Fox Posted 30 July 2011 Posted 30 July 2011 I'm with you to some degree. It's never a good idea to expect too much and set yourself up for crashing disappointment. However, if you can't be excited to be a Foxes fan right now, then when can you? yep agreed, we have all (well most of us) been through the bad times of administration etc etc, time to enjoy some serious squad building and fc the Thai's are here for a long, long time
JJS84 Posted 30 July 2011 Posted 30 July 2011 There's absolutely no guarantee that's spending as much as £15m or more will get us out of this division, it's getting rather daft. Shane Long is not worth anything like £7m. Mills at £4.5m I can just about stomach, even though it's excessive, but this is just daft. EDIT: The avatar is from the kit design thread, one of our fine members made it. What have you got to stomach? Is it your 15 million? the Thai owners are spending their own money. Comments like yours baffle me. Why cant people just enjoy this new found wealth. Not like we've ever had it before.
ibbosuk Posted 30 July 2011 Posted 30 July 2011 What have you got to stomach? Is it your 15 million? the Thai owners are spending their own money. Comments like yours baffle me. Why cant people just enjoy this new found wealth. Not like we've ever had it before. Yer jip him m8............
Bryn Posted 30 July 2011 Posted 30 July 2011 What have you got to stomach? Is it your 15 million? the Thai owners are spending their own money. Comments like yours baffle me. Why cant people just enjoy this new found wealth. Not like we've ever had it before. I'm loving being able to pick and choose who we sign. Schmeichel, Peltier, Danns and the like are great signings, really shrewd. The manager is great, the chairmen are great, the stadium looks great. But I repeat. £7m for Shane Long is an absurdity.
JJS84 Posted 30 July 2011 Posted 30 July 2011 I'm loving being able to pick and choose who we sign. Schmeichel, Peltier, Danns and the like are great signings, really shrewd. The manager is great, the chairmen are great, the stadium looks great. But I repeat. £7m for Shane Long is an absurdity. I think the state of world football, and the fact Long scored 23 league goals last season, 7 million isn't to much. Also this 12 months left on his contract rubbish don't make any difference, your pretty much paying to to make sure he will defo be your player and not go into a bidding war in Jan with a dozen more teams that could then afford him.
The Doctor Posted 30 July 2011 Posted 30 July 2011 It's not your money, why are you worrying so much? If we had spent nothing and gone into the season With Howard and Hobbs as are two top players we'd be more likely looking at relegation. If we want to be promoted this season we HAVE to spend and improve our squad. A) - If we overpay for Long, which at 7mill + is the case, then it's very likely that we are going to be fleeced by other clubs & B) - If we spend this level of money and the the Thais bail then we are going to be in very big financial trouble.
Guest Posted 30 July 2011 Posted 30 July 2011 A) - If we overpay for Long, which at 7mill + is the case, then it's very likely that we are going to be fleeced by other clubs & B) - If we spend this level of money and the the Thais bail then we are going to be in very big financial trouble. A. 7m isn't much for a Prem striker. We're not going to be fleeced because we've just about finished our buying this off season (you do know we've signed 10 players already don't you?) If we don't pay it we're left with Howard and Waggy as the strikeforce (well almost). B. This is just ludicrous for a reason. If we win the league and the FA Cup and next season win the Prem and the Champions league then 7m won't seem much. We can all come up with stupid "IF" statements. Why should the Thais "bail" on us? How do you know if that happened that we would be in "very big financial trouble"? Perhaps you think we should not buy anyone ever and be a low championship feeder club for the rest of our future.
JJS84 Posted 30 July 2011 Posted 30 July 2011 A) - If we overpay for Long, which at 7mill + is the case, then it's very likely that we are going to be fleeced by other clubs & B) - If we spend this level of money and the the Thais bail then we are going to be in very big financial trouble. Keeping this simple, if you purchased a club for 40 million, spent 20 million on players and failed, would you walk away from a 60 million debt? NO! You'd want your money back, there is no way the thai's will bail because of it's there personal wealth involved. The only way the Thai's will leave is when they find someone who meets the value they believe the club is worth.
sdb Posted 30 July 2011 Posted 30 July 2011 A. 7m isn't much for a Prem striker. We're not going to be fleeced because we've just about finished our buying this off season (you do know we've signed 10 players already don't you?) If we don't pay it we're left with Howard and Waggy as the strikeforce (well almost). B. This is just ludicrous for a reason. If we win the league and the FA Cup and next season win the Prem and the Champions league then 7m won't seem much. We can all come up with stupid "IF" statements. Why should the Thais "bail" on us? How do you know if that happened that we would be in "very big financial trouble"? Perhaps you think we should not buy anyone ever and be a low championship feeder club for the rest of our future. A. He isn't a Prem striker. There are other strikers available. There are better strikers available. And for less. B. Your reasoning is ludicrous! We're a Championship club. Our owners may be rich and generous but they don't have limitless funds. £7/8mill on a Championship player is OTT. No player in the league is worth that and Long certainly isn't! It's not a case of Long or no-one.
The Doctor Posted 30 July 2011 Posted 30 July 2011 A. 7m isn't much for a Prem striker. We're not going to be fleeced because we've just about finished our buying this off season (you do know we've signed 10 players already don't you?) If we don't pay it we're left with Howard and Waggy as the strikeforce (well almost). B. This is just ludicrous for a reason. If we win the league and the FA Cup and next season win the Prem and the Champions league then 7m won't seem much. We can all come up with stupid "IF" statements. Why should the Thais "bail" on us? How do you know if that happened that we would be in "very big financial trouble"? Perhaps you think we should not buy anyone ever and be a low championship feeder club for the rest of our future. A. Long isn't a prem striker, we would still have to sign next season & it's fairly easy to look at what teams paid out the previous transfer window, we also have Vassell, Kermorgant, Schlupp, Nugent & Gallagher upfront & our problem last season was conceding too many not failing to score. B. yes IF we win all that & Long plays a part then 7mill won't seem like much but that isn't likely to happen & 7 million for a striker with one good season under his belt & 1 year left on his contract is an extortionate amount to pay, I'm not saying the Thais will bail on us, just that if for any reason they should then we could be in trouble Common sense, in this division paying out fees of 7mill , 4.5mill etc. is not sustainable & adding the rumoured wages (15k p/w offered to Lita) then if we were to lose the money of the Thais we wouldn't be able to support our current outlay No, that is ludicrous. All I feel is that, while we do have money, we should spend sensibly and not run up massive bills that could well put the club's existence at stake, let's not forget that less than a decade ago we were teetering on the edge of financial oblivion.
Guest Posted 30 July 2011 Posted 30 July 2011 A. He isn't a Prem striker. There are other strikers available. There are better strikers available. And for less. B. Your reasoning is ludicrous! We're a Championship club. Our owners may be rich and generous but they don't have limitless funds. £7/8mill on a Championship player is OTT. No player in the league is worth that and Long certainly isn't! It's not a case of Long or no-one. A. You have an obsession with Maynard so any other striker isn't worth it for you. Many people think that Maynard isn't worth £4m alone (without adding Wags) but that hasn't stopped you believing it. I suppose Maynard is the striker you think is available, better and for less. 200 pages of FT says he's not available. B. They clearly DO have the funds or they wouldn't be offering it, therefore £6/7/8M is not the question. A player is worth whatever a club will pay for them. I'd argue that no player is worth £200,000 per week wages - that is absurd, vulgar and a slap in the face to the working man. Yet that's a wage in the Prem. less than a season and he could buy Long.
ian_marshall Posted 30 July 2011 Posted 30 July 2011 Keeping this simple, if you purchased a club for 40 million, spent 20 million on players and failed, would you walk away from a 60 million debt? NO! You'd want your money back, there is no way the thai's will bail because of it's there personal wealth involved. The only way the Thai's will leave is when they find someone who meets the value they believe the club is worth. The other point is that no one actually knows how much the consortium is worth. If there is an extremely wealthy benefactor acting as a sleeping partner within the consortium who has wealth beyond our imagination then £7m on Shane Long isn't a great deal of money. I think a lot of people have put an imaginary ceiling on our potential financial capabilities without knowing the facts. I may be wrong and the sum of our wealth may be the value of the Raksriaksorn's, but until anyone actually knows who the investors are it is simply assumptions. Who knows if we eventually make it to the Premier League, what's to say we won't start spending huge money trying to attract world superstars. Let's be honest whatever happens the club will always remain no matter what. Pompey proved that following their troubles and in all honesty despite their turmoil and financial issues they have weathered the storm and still have a reasonably decent team for a side in the Championship. Anyone doubting this should ask themselves how many clubs inside the football league who have experienced financial meltdown have actually stopped competing in any form whatsoever?
bluebeau Posted 30 July 2011 Posted 30 July 2011 A. Long isn't a prem striker, we would still have to sign next season & it's fairly easy to look at what teams paid out the previous transfer window, we also have Vassell, Kermorgant, Schlupp, Nugent & Gallagher upfront & our problem last season was conceding too many not failing to score.[/list]B. yes IF we win all that & Long plays a part then 7mill won't seem like much but that isn't likely to happen & 7 million for a striker with one good season under his belt & 1 year left on his contract is an extortionate amount to pay, I'm not saying the Thais will bail on us, just that if for any reason they should then we could be in trouble Common sense, in this division paying out fees of 7mill , 4.5mill etc. is not sustainable & adding the rumoured wages (15k p/w offered to Lita) then if we were to lose the money of the Thais we wouldn't be able to support our current outlay No, that is ludicrous. All I feel is that, while we do have money, we should spend sensibly and not run up massive bills that could well put the club's existence at stake, let's not forget that less than a decade ago we were teetering on the edge of financial oblivion. A) You omitted a slight other item..... errrm.............Yakubu! Something tells me we need to find a replacement for him & proven goal scorers cost a lot of wonga! B) This football club is now filled with professional people at the helm. The owners very are astute business people & their exeq. team are very experienced in the world of business. They have appointed a world class manager & he has a tremendous knowledge of the football world, plus global contacts. IMO LCFC is in better hands now than it has EVER been. In Sven we trust Oh & The Thais!
Guest Posted 30 July 2011 Posted 30 July 2011 B. yes IF we win all that & Long plays a part then 7mill won't seem like much but that isn't likely to happen & 7 million for a striker with one good season under his belt & 1 year left on his contract is an extortionate amount to pay, I'm not saying the Thais will bail on us, just that if for any reason they should then we could be in trouble Common sense, in this division paying out fees of 7mill , 4.5mill etc. is not sustainable & adding the rumoured wages (15k p/w offered to Lita) then if we were to lose the money of the Thais we wouldn't be able to support our current outlay No, that is ludicrous. All I feel is that, while we do have money, we should spend sensibly and not run up massive bills that could well put the club's existence at stake, let's not forget that less than a decade ago we were teetering on the edge of financial oblivion. The Thais can afford the outlay - do you think that they are stupid businessmen? And if they wanted to pull out - though why you'd be thinking that unless you have a very sad outlook on life is beyond me - then they'd find someone to buy the club from them. there is a good market out there for low purchase price top championship sides. Even Manderic found a buyer! But you missed my essential point with B. That is "IF" isn't a reality it's a conditional - If the sun collapses in on itself in March it won't matter if we paid £2m or £25m for a striker.
The Doctor Posted 30 July 2011 Posted 30 July 2011 A. You have an obsession with Maynard so any other striker isn't worth it for you. Many people think that Maynard isn't worth £4m alone (without adding Wags) but that hasn't stopped you believing it. I suppose Maynard is the striker you think is available, better and for less. 200 pages of FT says he's not available. B. They clearly DO have the funds or they wouldn't be offering it, therefore £6/7/8M is not the question. A player is worth whatever a club will pay for them. I'd argue that no player is worth £200,000 per week wages - that is absurd, vulgar and a slap in the face to the working man. Yet that's a wage in the Prem. less than a season and he could buy Long. He didn't say they don't have the funds, he said they don't have LIMITLESS funds. Throwing 7 or 8 million at a player with 1 year left on his contract is an OTT fee & may take a massive chunk out of our budget. I'd rather we past up the 8m for Long & brought in a couple of strikers with more than 1 decent season to their name for a similar amount, which if we were to consider that there is football outside this country shouldn't be too hard - there are hundreds of good quality strikers who could more than cut it in this league and be obtained for reasonable fees (2/3 mill) out in eastern Europe, Scandinavia, Africa & Asia.
ajthefox Posted 30 July 2011 Posted 30 July 2011 He didn't say they don't have the funds, he said they don't have LIMITLESS funds. Throwing 7 or 8 million at a player with 1 year left on his contract is an OTT fee & may take a massive chunk out of our budget. I'd rather we past up the 8m for Long & brought in a couple of strikers with more than 1 decent season to their name for a similar amount, which if we were to consider that there is football outside this country shouldn't be too hard - there are hundreds of good quality strikers who could more than cut it in this league and be obtained for reasonable fees (2/3 mill) out in eastern Europe, Scandinavia, Africa & Asia. Totally agree with the first part, the money + waggy bid is too much for maynard and 7 or 8 million for Long is even worse value for money. I have to question the second bit though, how can you claim there are hundreds who can more than cut it in this division? If they can more than cut it, why are there not championship and lower premiership teams clamouring over them?
sdb Posted 30 July 2011 Posted 30 July 2011 A. You have an obsession with Maynard so any other striker isn't worth it for you. Many people think that Maynard isn't worth £4m alone (without adding Wags) but that hasn't stopped you believing it. I suppose Maynard is the striker you think is available, better and for less. 200 pages of FT says he's not available. B. They clearly DO have the funds or they wouldn't be offering it, therefore £6/7/8M is not the question. A player is worth whatever a club will pay for them. I'd argue that no player is worth £200,000 per week wages - that is absurd, vulgar and a slap in the face to the working man. Yet that's a wage in the Prem. less than a season and he could buy Long. A. I'd happily take Yak, Heskey, Simeone Jackson, Cole...All better or as good as Long, all cheaper than Long. Yes Maynard is my 1st choice, he obviously isn't desperate to stay at BC. Does he want to come here? No idea. Does Long? No idea. B. Long is not worth £8mill, simple as. I want another team to get ripped off, not us.
The Doctor Posted 30 July 2011 Posted 30 July 2011 I have to question the second bit though, how can you claim there are hundreds who can more than cut it in this division? If they can more than cut it, why are there not championship and lower premiership teams clamouring over them? Perhaps hundreds of was the wrong wording, but there will no doubt be a fair few out there who can more than cut it in this division. As for why there aren't championship & lower prem teams clamouring over them, I don't know but it's not beyond belief that maybe clubs in this country haven't stumbled across these players.
Lcfclee Posted 30 July 2011 Posted 30 July 2011 If long scores a last minute winner inthe playoff final then will cheer like the rest of us or sit there like a twat saying 7 million was to much, I doubt it just quit frigging moaning and enjoy the season it ain't your money it's theirs just like the club is theirs aswell
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