| Club Accounts 12:42 - Feb 17 with 15829 views | wombat |
Due out oin the next few days i belive |  |
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| Club Accounts on 12:11 - Feb 18 with 1672 views | Hunterhoop |
| Club Accounts on 12:07 - Feb 18 by QPRSam |
We've also shipped a lot wage off the bill (Paal, Andersen, Frey, Fox, Colback, Celar, Field, Morrison, Santos - that's also assuming the loan sales have wages covered). I would've assumed the number has decreased or stayed about the same, maybe I'm wrong |
Well, we have only shipped Field and Morrison off the books for half a season.
And we've added: Poku, Mbengue, Burrell, Kone, Saito, Hayden, Adamson, Smith, Pearman, RND, and Edwards (for half a season). Would suggest their salaries outweigh those you've listed. [Post edited 18 Feb 12:30]
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| Club Accounts on 12:16 - Feb 18 with 1611 views | QPRSam |
| Club Accounts on 12:10 - Feb 18 by Rangersw12 |
Not compared to the clubs mentioned .
Who are all similar sized clubs and in Millwall we are bigger than them . Yet every year they finish above us and all we do is throw our hands up and say we are at the right level .
As I've say every year every part of the club should be performing better |
Derby, Stoke and Luton spent more and were beneath us. It can go both ways depending on how you look at it. Regardless, if you have the revenue of a mid table club, the spend of a mid table club, I'm not that surprised that we're likely going to end up a mid table club |  | | |
| Club Accounts on 12:22 - Feb 18 with 1556 views | QPRSam |
| Club Accounts on 12:11 - Feb 18 by Hunterhoop |
Well, we have only shipped Field and Morrison off the books for half a season.
And we've added: Poku, Mbengue, Burrell, Kone, Saito, Hayden, Adamson, Smith, Pearman, RND, and Edwards (for half a season). Would suggest their salaries outweigh those you've listed. [Post edited 18 Feb 12:30]
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Saito, Smyth and Edwards are retained from last season and would've expected the older players that we sold would receive a higher wage than younger players that we brought in. I don't think it'll make that much of a difference but we'll see this time next year | | | |
| Club Accounts on 12:25 - Feb 18 with 1523 views | Rangersw12 |
| Club Accounts on 12:16 - Feb 18 by QPRSam |
Derby, Stoke and Luton spent more and were beneath us. It can go both ways depending on how you look at it. Regardless, if you have the revenue of a mid table club, the spend of a mid table club, I'm not that surprised that we're likely going to end up a mid table club |
This acceptance is why we are where we are
No standards in the fanbase or at the club and there hasn't been for years .
The attitude is all , Oh well we lost a game we shouldn't have , oh well we played a youth team in the league cup , oh well we've got a ridiculous amount of muscle injuries , oh well we've signed all these Aussies from the same agent...
No accountability, no standards and no care
How many more non entity clubs like Brighton , Bournemouth, Palace , Fulham , Brentford and Millwall are going to over take us before some fans wake up ! | | | |
| Club Accounts on 12:32 - Feb 18 with 1451 views | Hunterhoop |
| Club Accounts on 12:22 - Feb 18 by QPRSam |
Saito, Smyth and Edwards are retained from last season and would've expected the older players that we sold would receive a higher wage than younger players that we brought in. I don't think it'll make that much of a difference but we'll see this time next year |
Smith (my fault, not Smyth, spelling), wasn't here last season, was he?
Saito was, yes, but we've signed him permanently. I doubt for less money than he was on before, and we may not have been paying 100% of salary for the prior loan. Edwards, again, was only here for half a season in the same scenario. I reckon he's costing us more in salary this year than last as we'll be paying 100% of it. Imagine Southampton swallowed some of his cost as they would have been happy for him to get game time and get some of his cost off their books. | | | |
| Club Accounts on 12:38 - Feb 18 with 1410 views | Hunterhoop |
| Club Accounts on 12:16 - Feb 18 by QPRSam |
Derby, Stoke and Luton spent more and were beneath us. It can go both ways depending on how you look at it. Regardless, if you have the revenue of a mid table club, the spend of a mid table club, I'm not that surprised that we're likely going to end up a mid table club |
Shouldn't we aspire to be better though and outperform our budget and revenue? Isn't that the whole point of sport? The whole point of competing?
At one point under Ferdinand, our wage bill was down to £17m p.a. We spent hardly anything on transfers, certainly not big net spend. In that situation, i can expect treading water, because the alternative is relegation.
But when we have mid table wages AND we're spending £25m over two seasons, which is a net spend of £14-15m, I think it's reasonable to hope and expect us to compete and try to push up the pyramid.
It might not happen. Everyone else is trying too. But it's not wrong to have ambition. Settling for where we are (bottom half, knocked out in first round of the cups, still losing £20m a year, propped up by a benevolent owner who seems to make bad hiring decisions, meandering along)...is a bit depressing, isn't it?
The investment we've made in the playing side these last two years means this year and next are the years we should be really competing, not settling for "same old". especially if we could tread water in the same spot without the investment... [Post edited 18 Feb 12:53]
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| Club Accounts on 12:39 - Feb 18 with 1400 views | QPRSam |
| Club Accounts on 12:25 - Feb 18 by Rangersw12 |
This acceptance is why we are where we are
No standards in the fanbase or at the club and there hasn't been for years .
The attitude is all , Oh well we lost a game we shouldn't have , oh well we played a youth team in the league cup , oh well we've got a ridiculous amount of muscle injuries , oh well we've signed all these Aussies from the same agent...
No accountability, no standards and no care
How many more non entity clubs like Brighton , Bournemouth, Palace , Fulham , Brentford and Millwall are going to over take us before some fans wake up ! |
14th in spend with an entire Championship attack out injured for most the season, if I'm not surprised at a mid table finish at this point, is that my lack of standards or just reality?
We had a chance to consolidate during the Prem years of 11-15 but years of mismanagement by clueless ownership is why those teams have overtaken us and why we're playing persistent catch up. We're still paying a record fine to this day whilst other clubs get a slap on the wrist for even more egregious offences.
Now again will you say it's the fanbases fault for "why we are where we are"? [Post edited 18 Feb 12:40]
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| Club Accounts on 12:39 - Feb 18 with 1398 views | TheChef |
| Club Accounts on 11:29 - Feb 18 by GaryBannister86 |
If that's true, Hunter (and I suspect it is) then the Edwards signing in particular is an absolute disgrace. A position where we really didn't need it.
Nothing against Ronnie, but - this needs explaining? |
Yes spend all that money, but keep playing him at right back. |  |
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| Club Accounts on 12:46 - Feb 18 with 1330 views | mart_Goblin |
| Club Accounts on 12:39 - Feb 18 by QPRSam |
14th in spend with an entire Championship attack out injured for most the season, if I'm not surprised at a mid table finish at this point, is that my lack of standards or just reality?
We had a chance to consolidate during the Prem years of 11-15 but years of mismanagement by clueless ownership is why those teams have overtaken us and why we're playing persistent catch up. We're still paying a record fine to this day whilst other clubs get a slap on the wrist for even more egregious offences.
Now again will you say it's the fanbases fault for "why we are where we are"? [Post edited 18 Feb 12:40]
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“14th in spend with an entire Championship attack out injured for most the season”
It’s reality . But a reality some then don’t want to face when the people in charge of fitness and player welfare are rightly asked questions. Injuries happen and happen to everyone but season after season we just accept that we’ll be missing “an entire Championship attack”.
And then lie to us about it! |  | | |
| Club Accounts on 12:53 - Feb 18 with 1264 views | slmrstid |
Regarding profit on player disposals its always worth remembering accounting profit and cash profit are not one and the same thing.
To give a simple example:-
Robbie Clogger is signed for £6m on a 3 year deal. After 2 years of him clogging, the club realises he's crap and sells him for £3m.
On a cash level - £3m loss.
On an accounting level - £1m profit.
The £6m transfer fee is spread over 3 years for his contract - so £2m of cost is booked in year 1, £2m of cost booked in year 2, so his carrying asset value at the end of year 2 is £2m.
So when we sell him for £3m, we now have a £1m profit to recognise in year 3.
All standard accounting stuff but does trip people up.
Regarding wages and budgets - I would note I would expect us to always have a London-weighting factor to our wage bill which will inevitably cost us more than clubs in areas with much lower cost of living. London can be pricey even for footballers I am sure!
And I'm sure on an admin side, albeit much lower levels, our club shop manager earns more than the club shop manager for Preston etc, all because London is more expensive to operate in to start with. |  | | |
| Club Accounts on 12:58 - Feb 18 with 1222 views | kensalriser |
| Club Accounts on 12:25 - Feb 18 by Rangersw12 |
This acceptance is why we are where we are
No standards in the fanbase or at the club and there hasn't been for years .
The attitude is all , Oh well we lost a game we shouldn't have , oh well we played a youth team in the league cup , oh well we've got a ridiculous amount of muscle injuries , oh well we've signed all these Aussies from the same agent...
No accountability, no standards and no care
How many more non entity clubs like Brighton , Bournemouth, Palace , Fulham , Brentford and Millwall are going to over take us before some fans wake up ! |
And if they do wake up, what do you propose they do about it?
Ans since you are presumably already woke, what are you doing about it? |  |
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| Club Accounts on 12:59 - Feb 18 with 1220 views | QPRSam |
| Club Accounts on 12:46 - Feb 18 by mart_Goblin |
“14th in spend with an entire Championship attack out injured for most the season”
It’s reality . But a reality some then don’t want to face when the people in charge of fitness and player welfare are rightly asked questions. Injuries happen and happen to everyone but season after season we just accept that we’ll be missing “an entire Championship attack”.
And then lie to us about it! |
That is the reality and questions have been asked, Nourry in that Q+A video said they would review the recruitment, medical and rehabilitation processes to see if they can make improvements, he didn't seem particularly acceptant of the injury issues. I'm wondering what lies you've been told otherwise | | | |
| Club Accounts on 13:01 - Feb 18 with 1200 views | Rangersw12 |
| Club Accounts on 12:39 - Feb 18 by QPRSam |
14th in spend with an entire Championship attack out injured for most the season, if I'm not surprised at a mid table finish at this point, is that my lack of standards or just reality?
We had a chance to consolidate during the Prem years of 11-15 but years of mismanagement by clueless ownership is why those teams have overtaken us and why we're playing persistent catch up. We're still paying a record fine to this day whilst other clubs get a slap on the wrist for even more egregious offences.
Now again will you say it's the fanbases fault for "why we are where we are"? [Post edited 18 Feb 12:40]
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The cub is still being mismanaged and have clueless ownership
The reality is that we continue to have a ridiculous amount of injuries and look very unfit . The CEO just lies to us and shrugs his shoulders because he knows he can get away with it .
Bare facts are we are stagnating and showing very little signs of improvement even when we are spending large amounts of money. | | | |
| Club Accounts on 13:02 - Feb 18 with 1186 views | Hunterhoop |
| Club Accounts on 12:53 - Feb 18 by slmrstid |
Regarding profit on player disposals its always worth remembering accounting profit and cash profit are not one and the same thing.
To give a simple example:-
Robbie Clogger is signed for £6m on a 3 year deal. After 2 years of him clogging, the club realises he's crap and sells him for £3m.
On a cash level - £3m loss.
On an accounting level - £1m profit.
The £6m transfer fee is spread over 3 years for his contract - so £2m of cost is booked in year 1, £2m of cost booked in year 2, so his carrying asset value at the end of year 2 is £2m.
So when we sell him for £3m, we now have a £1m profit to recognise in year 3.
All standard accounting stuff but does trip people up.
Regarding wages and budgets - I would note I would expect us to always have a London-weighting factor to our wage bill which will inevitably cost us more than clubs in areas with much lower cost of living. London can be pricey even for footballers I am sure!
And I'm sure on an admin side, albeit much lower levels, our club shop manager earns more than the club shop manager for Preston etc, all because London is more expensive to operate in to start with. |
That's right, slmrstid.
But fans also need to realise in an amortisation model that when you sell someone for 3m in that scenario you can't count it as £3m income to play with and offset against other purchases...it's only £1m, as you say, because of the brought forward 3rd season amortised cost.
So, in our strategy, that means you need to be selling a lot at high value in the middle years of the amortised period to generate income you can then invest again.
That's why i keep banging this point: a player trading model only works if you sell regularly and well. We have barely sold at all the past two seasons. And Eze's sell on clause was the best part of that. Got to start selling...or we stop investing. | | | |
| Club Accounts on 13:06 - Feb 18 with 1149 views | Hunterhoop |
| Club Accounts on 12:53 - Feb 18 by slmrstid |
Regarding profit on player disposals its always worth remembering accounting profit and cash profit are not one and the same thing.
To give a simple example:-
Robbie Clogger is signed for £6m on a 3 year deal. After 2 years of him clogging, the club realises he's crap and sells him for £3m.
On a cash level - £3m loss.
On an accounting level - £1m profit.
The £6m transfer fee is spread over 3 years for his contract - so £2m of cost is booked in year 1, £2m of cost booked in year 2, so his carrying asset value at the end of year 2 is £2m.
So when we sell him for £3m, we now have a £1m profit to recognise in year 3.
All standard accounting stuff but does trip people up.
Regarding wages and budgets - I would note I would expect us to always have a London-weighting factor to our wage bill which will inevitably cost us more than clubs in areas with much lower cost of living. London can be pricey even for footballers I am sure!
And I'm sure on an admin side, albeit much lower levels, our club shop manager earns more than the club shop manager for Preston etc, all because London is more expensive to operate in to start with. |
Also, on the flip side of the London cost premium (undoubtedly true), London also gives you access to more tourists, sponsorship opportunities, and ultimately more income. So it takes and gives.
Looking at the Prem and EFL, it appears to me that London sides are doing disproportionately well compared to other regions. Arsenal, Tottenham, Chelsea, Fulham, Brentford, Palace, West Ham, Millwall, even Watford (stretch) are all doing better than us. They all face the London weighting vs London opportunity challenge too.
The premium on non-playing staff salaries doesn't really touch the sides of the financial issues we face. It's inconsequential given what you pay the players. | | | |
| Club Accounts on 13:06 - Feb 18 with 1143 views | Lblock |
| Club Accounts on 10:20 - Feb 18 by EastR |
The £10m figure comes from note 9 in the accounts, Intangible Assets (Player registrations). The additions (signings) figure there is £10.039m.
These will be your Madsen, Celar, Varane, Esquerdinha, Bennie, Morrison.
Note 23 (P31) is all about what’s happened subsequent to these accounts, and what the impact of those transactions will be in the next set of accounts.
Ins: Poku, Mbengue, Burrell, Kone, Saito, Hayden, Adamson, Smith, Pearman, Dembele (from loan to permanent)
Out: Kelman. The rest of them all contracts expired.
Sell on: Eze.
All of those netting out to a cost of £1.498m. Eze money gone, plus a bit.
There’s no mention of Edwards because that happened in January after the accounts were signed off in December. |
Sorry - this might be a thick question as I don't know how they work this but....
That figure for those players you note - is that "one off" spends?
I ask as I thought all clubs amortised transfer fees over the length of a players Contract now so surely that's spend / individual years?
(Another reason players are signed on REDACTED lengths of Contract.
If that is the case then it's an even grimmer picture no?
To be honest it's really a case of what will be will be with any set of Accounts from the club. The place is in such a mess that I am amazed it hasn't imploded(again) and that'll surely happen again in the near future.
This "shop window" policy and approach to the Championship is doomed to end in failure.
Novice Park Rangers making fundamental errors - sure as night follows day |  |
| Cherish and enjoy life.... this ain't no dress rehearsal |
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| Club Accounts on 13:16 - Feb 18 with 1054 views | UxbridgeR |
| Club Accounts on 11:20 - Feb 18 by Rangersw12 |
So Millwall , Coventry and Preston have a lower wage bill .
Can we stop this narrative that we are doing well , we are massively underperforming again . [Post edited 18 Feb 11:25]
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The notes column shows that three-quarters of the accounts used here are from the 23-24 season, whereas ours are from 24-25 . That makes comparisons difficult. For example, Millwall's wage bill was higher than ours for the 23-24 season and I suspect will be again when they publish their latest accounts. | | | |
| Club Accounts on 13:20 - Feb 18 with 1029 views | wombat |
| Club Accounts on 12:38 - Feb 18 by Hunterhoop |
Shouldn't we aspire to be better though and outperform our budget and revenue? Isn't that the whole point of sport? The whole point of competing?
At one point under Ferdinand, our wage bill was down to £17m p.a. We spent hardly anything on transfers, certainly not big net spend. In that situation, i can expect treading water, because the alternative is relegation.
But when we have mid table wages AND we're spending £25m over two seasons, which is a net spend of £14-15m, I think it's reasonable to hope and expect us to compete and try to push up the pyramid.
It might not happen. Everyone else is trying too. But it's not wrong to have ambition. Settling for where we are (bottom half, knocked out in first round of the cups, still losing £20m a year, propped up by a benevolent owner who seems to make bad hiring decisions, meandering along)...is a bit depressing, isn't it?
The investment we've made in the playing side these last two years means this year and next are the years we should be really competing, not settling for "same old". especially if we could tread water in the same spot without the investment... [Post edited 18 Feb 12:53]
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Thing is hunter we arent spending money on trying to improve , we are spending money on trying to make money , league postions dont really matter to them , its buy cheap try and stay up and hopefully sell big , it looks like we are now in the sell for lower prices abeciuase if we dont we could face problems with our spending ratio , the subject hasnt ever been build a succesful side its been bring in players who we can sell for a good profit, that model goes down the toilet when u spend 3 million on players like celar just becasue they had a half decent season in a fairly poor league , varanne went from a rumlured ten million player to on this seasons for 5 million max . santos ? in all likrly hood the aussies who have landed are we gonna make millions and push on with them ? | |
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| Club Accounts on 13:20 - Feb 18 with 1028 views | JamesB1979 |
| Club Accounts on 11:06 - Feb 18 by Hunterhoop |
I'd like Simon to break this all down too, because i think the way the post reporting events are presented is a tad confusing/misleading.
As per the 24/25 numbers, on page 28, the cash flow statement:
"Payments to acquire player registrations - £6.4m"
"Receipts from the sale of player registrations - £1.8m"
So, to my mind, that seems clear that last season we sold Dykes AND Armstrong for 1.8m up front, and we spent 6.4m up front on the likes of Madsen, Celar, etc".
Firstly, that isn't what the club were happy to leak in terms of what we received for Dykes and Armstrong, so some porkies might have been told there to make everyone think someone was cooking. And secondly, the net position there is -£4.4m, not £4.3m, as stated on page 31 as the net outflow. Although, on page 31 it says "2024", when, yes, it was the summer of 2024, but it was in the 2025 accounts (2024-2025, ending 31st May 2025). Equally, on page 28 a few rows above, it says "profit on player registrations was -£2.26m"...but that is not 6.4m - 1.8m (-4.3m). So I don't quite understand how we're accounting for everything here on first glance.
In terms of what is being reported for fans, it comes from page 31, where it provides us the net inflow/outflow, we know that our net spend position on players across the two seasons is:
Summer 2025: 1.5m + 2.4m (but this does not reference Ronnie Edwards)
Summer 2024: 4.3m + 1.6m
This is where the rounded £10m is being reported from.
BUT you have to add Ronnie Edwards: 4.5m
= 14.4m NET SPEND INCLUSIVE OF THE EZE MONEY over the last 2 years, through to today.
So, whatever you think we brought in for Eze, Kelman, and the £1.8m we received for Dykes and Armstrong (as per p. 28), we have spent £14.4m more than that. This leads me to think we didn't get £3.5m for Kelman. If we did, assume Eze at 6m, Kelman at 3.5m and 1.8m for Dykes & Armstrong equals 10.3m, meaning if we had a net outflow of 14.4m, we've spend £25.4m over the last two seasons.
£25.4 MILLION SPENT. And over 2 seasons. 2 seasons ago we finished on 56 points under Marti Cifuentes, beating Leeds 4-0 at home, with a much lower wage bill, lower operating costs. Since then, we have basically spent a lot of money, increased our wage bill, increased our losses, and are on course for, what? 4 more points this season. That is not progress.
We need some big player sales this summer to adhere to PSR next season (26-27), assuming we sail close to the wind but meet it this season, otherwise we're in for a points deduction in the 27-28 season, for breaching next year.
FWIW, with the disallowable costs, and the amount increasing to £41m over 3 rolling years, i think we'll scoot in again this season...just. But we'll be screwed for next season's accounts without a big sale or two this summer. |
You have to look at the cash for me and the post balance sheet notes, as you’ve done in your 2nd paragraph.
You have to look at “net” otherwise we’re guessing. But We’ve no idea if/whether these will be met and we should exclude Eze £6m. So it’s £16.3m before Eze money but including Edwards, and assuming Frey and Obikwu are the same.
For that £16.3m we’ve bought Varane, Dembele, Celar, Bennie, Madsen, Poku, Mbengue, Burrell, Kone, Saito, Hayden, Adamson, Smith, Pearman, RND, Obikwu and Edwards. That’s 17 players.
We’ve sold Dykes, Kelman and Armstrong. And released a load more such as Colback, Paal, Fox, Adomah, Cannon, Archer, Gubbins, Dozzell, Drewe, McKenna, Kakay, Willock and Anderson. That’s 16 players.
With that huge turnover you are going to spend money.
You mention the Leeds game in post earlier but of that squad, team, only JCS, Field, Dykes and Chair had any “value”. Paal ran down his contract. We had 2 loans in there. Cook, Anderson and Frey - not getting much for them. We got money for Dykes. Chair and JCS have basically spent next 2 seasons injured. And the new manager doesn’t pick Field. It shows we needed a huge clear out. Now I don’t even think our squad is that great but if I look at players who have left, I don’t rate any of them at all apart from Willock and Dykes. I do think there are potentially some good players in who we have signed. But I say again, it’s no surprise we had to spend money to change squad so much. The key point is whether we can sell any of the current squad for good money.
Given Eze profit will all be in next year and the “purchase” costs will all be split over contract lengths, I don’t think there is a mad rush to sell players for FFP. However for the owners and for our “model” and to improve the squad, we do need to start selling. | | | |
| Club Accounts on 13:28 - Feb 18 with 994 views | JamesB1979 |
| Club Accounts on 13:06 - Feb 18 by Lblock |
Sorry - this might be a thick question as I don't know how they work this but....
That figure for those players you note - is that "one off" spends?
I ask as I thought all clubs amortised transfer fees over the length of a players Contract now so surely that's spend / individual years?
(Another reason players are signed on REDACTED lengths of Contract.
If that is the case then it's an even grimmer picture no?
To be honest it's really a case of what will be will be with any set of Accounts from the club. The place is in such a mess that I am amazed it hasn't imploded(again) and that'll surely happen again in the near future.
This "shop window" policy and approach to the Championship is doomed to end in failure.
Novice Park Rangers making fundamental errors - sure as night follows day |
The figures he includes are total spend. Those numbers are not annual or linked to contracts.
Numbers look bad for a normal business but for a championship football club and looking at FFP, I think it’s ok.
It does show what a terrible mess we were in financially and squad-wise for start of 23-24 season. | | | |
| Club Accounts on 13:33 - Feb 18 with 968 views | wombat |
| Club Accounts on 12:39 - Feb 18 by QPRSam |
14th in spend with an entire Championship attack out injured for most the season, if I'm not surprised at a mid table finish at this point, is that my lack of standards or just reality?
We had a chance to consolidate during the Prem years of 11-15 but years of mismanagement by clueless ownership is why those teams have overtaken us and why we're playing persistent catch up. We're still paying a record fine to this day whilst other clubs get a slap on the wrist for even more egregious offences.
Now again will you say it's the fanbases fault for "why we are where we are"? [Post edited 18 Feb 12:40]
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good points all beit the fine dosnt come out of the yearly spend by the club thats paid by the owners,we lost players
Burrell being the biggest lose,
Poku not seen enough of him to say he would have helped us push on
Chair some say he slows us down and hate to say it hasnt been as much as a lose as he would normally have been in previous seasons.
Saito has been poor since he came back .
some fans are easily taken in by a flash media video , a bright young player nobody has ever heard of but hell be a first teamer by the end of the week.
fact is milwall have done it way way better than us on less money
derby have also built a sqaud and spent a fair chunk of cash agyeman 7.5 wasnt it ?
as said earlier the pro ject isnt about going up its about making the club self sufficient thats always been the plan , be intresting how many fans stick around to watch it over the coming seasons ! | |
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| Club Accounts on 13:48 - Feb 18 with 888 views | nick_hammersmith |
| Club Accounts on 12:10 - Feb 18 by PlanetHonneywood |
Beautifully nutshelled.
So, not totally fcuked, but....
Which brings me to raise this question: why, oh effing why, do we not try a bit harder in the cups? |
The Caraboa cup has a prize of £100k for the winners, so depending on what you believe that's maybe a month or less of Steve Cooks wages?
It's £2.1m for the FA cup though, which sounds like a lot to us, but again maybe explains why some of the Premier League teams treat it how we did the League cup and field their B or C teams until the very latter stages...
Obviously TV money comes into play as well, but I just don't think the incentive is there anymore for average clubs trying to meet their budgets to risk their first teams for those extra games.
This year for example, Nourry was able to say we played the youngest squad since black and white television, which describes some success of the youth system? In truth, I thought winning the DS cup already showed that, but hey ho... |  | | |
| Club Accounts on 13:50 - Feb 18 with 878 views | Northernr |
| Club Accounts on 13:28 - Feb 18 by JamesB1979 |
The figures he includes are total spend. Those numbers are not annual or linked to contracts.
Numbers look bad for a normal business but for a championship football club and looking at FFP, I think it’s ok.
It does show what a terrible mess we were in financially and squad-wise for start of 23-24 season. |
Unless we sell players, or get promoted, it's difficult to see how we don't end up back there again because when that relatively low £13.5m loss rolls out of the three year cycle two sets of accounts from now you can't replace it with a £20m+ loss like this one.
This is how we got there in the first place, spending money on wages and transfer fees gambling that we'd go up or sell some of the players. |  | | |
| Club Accounts on 13:52 - Feb 18 with 867 views | Northernr |
| Club Accounts on 13:48 - Feb 18 by nick_hammersmith |
The Caraboa cup has a prize of £100k for the winners, so depending on what you believe that's maybe a month or less of Steve Cooks wages?
It's £2.1m for the FA cup though, which sounds like a lot to us, but again maybe explains why some of the Premier League teams treat it how we did the League cup and field their B or C teams until the very latter stages...
Obviously TV money comes into play as well, but I just don't think the incentive is there anymore for average clubs trying to meet their budgets to risk their first teams for those extra games.
This year for example, Nourry was able to say we played the youngest squad since black and white television, which describes some success of the youth system? In truth, I thought winning the DS cup already showed that, but hey ho... |
Success for the youth system is graduating players to the first team and/or selling them for good money. You can win as many cups as you like. This year we've graduated nobody to first team regular, and two who did previously get that far (Kolli, Morgan) have rarely played.
This post has been edited by an administrator | | | |
| Club Accounts on 13:57 - Feb 18 with 829 views | JamesB1979 |
| Club Accounts on 13:50 - Feb 18 by Northernr |
Unless we sell players, or get promoted, it's difficult to see how we don't end up back there again because when that relatively low £13.5m loss rolls out of the three year cycle two sets of accounts from now you can't replace it with a £20m+ loss like this one.
This is how we got there in the first place, spending money on wages and transfer fees gambling that we'd go up or sell some of the players. |
But won’t next year be lower because we will have £6m Eze profit in the accounts? And the purchases because spread over contract lengths, shouldn’t impact as much? | | | |
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