| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... 07:25 - Jun 29 with 2516 views | bobbyramsey |
.....basis for this summers dealings so far?
Up or down? |  | | |  |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:28 - Jun 29 with 1928 views | Kieran_Knows |
At a guess;
Burns - £150k.
Harper - £250k (EADT reporting a lot lower figure than the original £500k quoted).
Hladky - £200k (I will be amazed if he didn’t have a relatively low release clause in his Salford deal). |  |
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| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:29 - Jun 29 with 1916 views | wkj |
Probably down, but really that is to be expected. However, it will be interesting to see how much the wage budget has shifted with a lot of our players who were on championship contracts, albeit adjusted after relegation, are now moving on. [Post edited 29 Jun 2021 7:46]
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| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:30 - Jun 29 with 1901 views | bobbyramsey |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:28 - Jun 29 by Kieran_Knows |
At a guess;
Burns - £150k.
Harper - £250k (EADT reporting a lot lower figure than the original £500k quoted).
Hladky - £200k (I will be amazed if he didn’t have a relatively low release clause in his Salford deal). |
Didn't we get small fees for Drinan and somebody else? | | | |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:32 - Jun 29 with 1882 views | wkj |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:30 - Jun 29 by bobbyramsey |
Didn't we get small fees for Drinan and somebody else? |
I think someone said Lankester and Drinan went for the cost of their contract, but with sell-on-fee clauses. | |
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| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:37 - Jun 29 with 1849 views | bobbyramsey |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:28 - Jun 29 by Kieran_Knows |
At a guess;
Burns - £150k.
Harper - £250k (EADT reporting a lot lower figure than the original £500k quoted).
Hladky - £200k (I will be amazed if he didn’t have a relatively low release clause in his Salford deal). |
This makes us in profit and as wkj says probably in profit on wages too after offloading a lot of our overpaid squad. | | | |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:39 - Jun 29 with 1834 views | Kieran_Knows |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:37 - Jun 29 by bobbyramsey |
This makes us in profit and as wkj says probably in profit on wages too after offloading a lot of our overpaid squad. |
We can only spend £600k of that £1m though can’t we (assuming it was paid in one go)? | |
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| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:40 - Jun 29 with 1829 views | saffers12 |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:32 - Jun 29 by wkj |
I think someone said Lankester and Drinan went for the cost of their contract, but with sell-on-fee clauses. |
with Drinan that is a result
Think MA is clealry doing a better job already |  | | |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:41 - Jun 29 with 1814 views | wkj |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:40 - Jun 29 by saffers12 |
with Drinan that is a result
Think MA is clealry doing a better job already |
Without a shadow of a doubt. Evans did not have a lick of organization on contract management - nor was there a sustainable transfer policy in play. Mick did a decent job of this, but still nowhere as organized as it should have been from a senior management perspective. | |
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| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:42 - Jun 29 with 1809 views | ElderGrizzly |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:39 - Jun 29 by Kieran_Knows |
We can only spend £600k of that £1m though can’t we (assuming it was paid in one go)? |
I think we can spend what we want on fees as long as it is funded by the owners as equity investment, it’s the wages that are capped overall to 60% of income. |  | | |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:46 - Jun 29 with 1784 views | ITFCBlues |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:29 - Jun 29 by wkj |
Probably down, but really that is to be expected. However, it will be interesting to see how much the wage budget has shifted with a lot of our players who were on championship contracts, albeit adjusted after relegation, are now moving on. [Post edited 29 Jun 2021 7:46]
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Wages would be up I suspect. These players that are signing will be on alot more than the L1 wages/reductions we've let go! |  |
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| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:47 - Jun 29 with 1772 views | ITFCBlues |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:42 - Jun 29 by ElderGrizzly |
I think we can spend what we want on fees as long as it is funded by the owners as equity investment, it’s the wages that are capped overall to 60% of income. |
We can spend whatever we like on wages, as long as its funded by owners, not just transfer fees. | |
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| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:50 - Jun 29 with 1754 views | wkj |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:46 - Jun 29 by ITFCBlues |
Wages would be up I suspect. These players that are signing will be on alot more than the L1 wages/reductions we've let go! |
Is this conjecture or do you have something to base this on?
It is no lie that whilst we bemoan Evans' spending when he did - he overpaid. He clearly paid high on contracts to get them over the line with managers, so what is to say he didn't with the player renewals too?
Ashton has seemingly approached deals with a broader financial picture in his head, so presumably will be much more shrewd as he's more experienced with the psychology of footie agents.
If the basis of your reply is 'we have better players, so we must have paid more' - I think you may well end up being quite surprised. | |
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| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:58 - Jun 29 with 1706 views | ElderGrizzly |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:47 - Jun 29 by ITFCBlues |
We can spend whatever we like on wages, as long as its funded by owners, not just transfer fees. |
Indeed. I was more just pointing out that outgoing transfer fees are outside of the restrictions.
Given our ‘natural’ income is likely to be around £7m a year, we’ll need to have a big injection of cash anyway to keep wages below 60% of that. | | | |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 08:03 - Jun 29 with 1673 views | WeWereZombies |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:50 - Jun 29 by wkj |
Is this conjecture or do you have something to base this on?
It is no lie that whilst we bemoan Evans' spending when he did - he overpaid. He clearly paid high on contracts to get them over the line with managers, so what is to say he didn't with the player renewals too?
Ashton has seemingly approached deals with a broader financial picture in his head, so presumably will be much more shrewd as he's more experienced with the psychology of footie agents.
If the basis of your reply is 'we have better players, so we must have paid more' - I think you may well end up being quite surprised. |
Furthermore, during this pandemic (and probably post-pandemic whenever that comes about) the market in player contracts is likely to be a very different one to that which was extant during most of the Marcus Evans ownership. Tenure, i.e. longer contracts, may be valued far more highly than top dollar wages. |  |
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| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 08:09 - Jun 29 with 1631 views | Ftnfwest |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:30 - Jun 29 by bobbyramsey |
Didn't we get small fees for Drinan and somebody else? |
Hawkins? |  | | |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 08:19 - Jun 29 with 1568 views | Metal_Hacker |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:40 - Jun 29 by saffers12 |
with Drinan that is a result
Think MA is clealry doing a better job already |
Yeah have to agree ref MA and his apparent negotiations skills
Seemingly could sell ice to Eskimos
Let's hope he's in the middle of negotiations for THAT defender we're all after |  |
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| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 08:34 - Jun 29 with 1475 views | MrTown |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:39 - Jun 29 by Kieran_Knows |
We can only spend £600k of that £1m though can’t we (assuming it was paid in one go)? |
No that's on wages. Under SCMP regs L1 sides permitted to spend up to 60% of Turnover on wages. However no restrictions in place for how much a club can spend or lose on transfer fees. |  |
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| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 08:38 - Jun 29 with 1435 views | bobbyramsey |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:58 - Jun 29 by ElderGrizzly |
Indeed. I was more just pointing out that outgoing transfer fees are outside of the restrictions.
Given our ‘natural’ income is likely to be around £7m a year, we’ll need to have a big injection of cash anyway to keep wages below 60% of that. |
Don't forget, we've got rid of a helluva lot of dead wood with a lot more to go..... | | | |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 08:38 - Jun 29 with 1436 views | Ftnfwest |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:46 - Jun 29 by ITFCBlues |
Wages would be up I suspect. These players that are signing will be on alot more than the L1 wages/reductions we've let go! |
Even if they are slightly, we've lost over 20 players (inc loans) and gained 5 so far, with the intention that the squad is much smaller. Makes much more sense than having 20-25 players 'sitting around' not contributing to the first team. Whilst we'll sign no doubt at least another 5, we'll probably be losing that sort of number in addition to who's gone already. | | | |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 08:38 - Jun 29 with 1433 views | Cheltenham_Blue |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:39 - Jun 29 by Kieran_Knows |
We can only spend £600k of that £1m though can’t we (assuming it was paid in one go)? |
Edit: This has been answered multiple times. [Post edited 29 Jun 2021 8:39]
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| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 08:49 - Jun 29 with 1353 views | BloomBlue |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 08:34 - Jun 29 by MrTown |
No that's on wages. Under SCMP regs L1 sides permitted to spend up to 60% of Turnover on wages. However no restrictions in place for how much a club can spend or lose on transfer fees. |
Although I suppose there is a natural restriction ie if we spent £5m on a player from the Championship they aren't going to come here and accept L1 wages, so yes no restriction but what I'll class as a natural agents restriction
It will be interesting to see what our wage bill is eventually compared with last season, we've let a lot of players leave but ME had many of them with clauses in their contracts based on reduction with relegation to L1. I'm assuming Harper was on Championship wages at WBA, I doubt he'll take a drop to come down to L1. Bonne is on-loan and these days the loan club normally has to cover 100% of the wages and he'll be on a Championship wage. Although with Burns and Evans I would guess were on similar L1 wages to players who have left |  | | |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 08:58 - Jun 29 with 1317 views | ElderGrizzly |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 08:49 - Jun 29 by BloomBlue |
Although I suppose there is a natural restriction ie if we spent £5m on a player from the Championship they aren't going to come here and accept L1 wages, so yes no restriction but what I'll class as a natural agents restriction
It will be interesting to see what our wage bill is eventually compared with last season, we've let a lot of players leave but ME had many of them with clauses in their contracts based on reduction with relegation to L1. I'm assuming Harper was on Championship wages at WBA, I doubt he'll take a drop to come down to L1. Bonne is on-loan and these days the loan club normally has to cover 100% of the wages and he'll be on a Championship wage. Although with Burns and Evans I would guess were on similar L1 wages to players who have left |
The joy of loans is you can pay a fee that includes wages so you can exclude the majority from the wage bill.
It’s why we’ll see our fair share of loans imo | | | |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 09:07 - Jun 29 with 1270 views | Wallingford_Boy |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 07:29 - Jun 29 by wkj |
Probably down, but really that is to be expected. However, it will be interesting to see how much the wage budget has shifted with a lot of our players who were on championship contracts, albeit adjusted after relegation, are now moving on. [Post edited 29 Jun 2021 7:46]
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How can we be down when Andre went for £1m?
Harper - £400k (ish)
Keeper - £200k (ish)
Burns - £200k (ish)
We also got small fees (maybe £50k each) for two others.
So slightly up, plus wages will be a LOT lower now, so its looking good all round. |  |
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| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 09:13 - Jun 29 with 1242 views | BloomBlue |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 08:58 - Jun 29 by ElderGrizzly |
The joy of loans is you can pay a fee that includes wages so you can exclude the majority from the wage bill.
It’s why we’ll see our fair share of loans imo |
So when you say loan fee I'm assuming that would be calculated as a transfer fee under EFL financial rules and therefore in terms of the original post there is a good chance we'll be in a loss for transfer fees as we'll need to add in £500k-£1m* for Bonne's loan fee, is that correct?
*based on he'll be on a minimum £10k a week Championship wage | | | |
| Assuming Andre went for £1m, how do we reckon we stand on a profit/loss...... on 09:16 - Jun 29 with 1216 views | BlueNomad |
I suspect the player salaries will be (relatively) low but will include a massive boost if they get us promoted |  | | |
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