How much will we spend this summer?

[Lilbaz]

are the non-footballing businesses contributing to the footballing finances yet?

What do you mean by non-footballing businesses?

 

[Bedfordspurs]

What do you mean by non-footballing businesses?

Purple and Gold my dear fellow

 

[metalgear]

What do you mean by non-footballing businesses?

Entertainment and events...concerts , go kart, roof walk etc.

 

[Lilbaz]

Entertainment and events...concerts , go kart, roof walk etc.

Then yes.

 

[Finney Is Back]

It's just if 55% of turnover is wages. That leaves 15% for amortisation and agents fees. £75m from a £500m turnover. Or 10 players on 5 year contracts, that were bought for £37.5m. (Not including agents fees). The average cost of a player in the squad would have to be £15m.

That's not buying new. That's what we have.

The 55% wages to turnover ratio includes all club employees, whereas I believe that FFP calculations are based on first team playing and coaching squad wage bill only. I think that a total wage to revenue ratio of 55% would leave somewhat more than £75m due to this factor.

Something I'm not aware of is how agents fees are factored in for FFP calculations. I think (though haven't specifically gone to check) that in our accounts the agents fees are included in the cost of the transfer (i.e. if a player is signed for £40m that includes the transfer and agents fees combined). If that is the case then it would probably make sense for that entire amount (transfer and agents fees) to be amortised over the length of the player contract.

 

[Bedfordspurs]

Entertainment and events...concerts , go kart, roof walk etc.

That’s been going back into the club all a long
So far… the owners haven’t taken anything out of the club from the accounts at least

 

[metalgear]

I

That’s been going back into the club all a long
So far… the owners haven’t taken anything out of the club from the accounts at least

I know but I just want to know when all the additional effort pays off and there's more funds for football stuff

 

[Bedfordspurs]

I

I know but I just want to know when all the additional effort pays off and there's more funds for football stuff

Well we’re spending more and more each year

 

[ricky2tricky4city]

I

I know but I just want to know when all the additional effort pays off and there's more funds for football stuff

It sounds like you know?

The only pay off we are waiting for is silverware...and no-one can put a date on that

 

[Bedfordspurs]

The 55% wages to turnover ratio includes all club employees, whereas I believe that FFP calculations are based on first team playing and coaching squad wage bill only. I think that a total wage to revenue ratio of 55% would leave somewhat more than £75m due to this factor.

Something I'm not aware of is how agents fees are factored in for FFP calculations. I think (though haven't specifically gone to check) that in our accounts the agents fees are included in the cost of the transfer (i.e. if a player is signed for £40m that includes the transfer and agents fees combined). If that is the case then it would probably make sense for that entire amount (transfer and agents fees) to be amortised over the length of the player contract.

I’m sure I read Kieron Maguire say agents fees are included in that calc as you describe

 

[Lilbaz]

I

I know but I just want to know when all the additional effort pays off and there's more funds for football stuff

Just check our net spend on players before we competed the stadium. To our net spend after.
Even with covid there is a big increase.

 

[RunTMC]

I

I know but I just want to know when all the additional effort pays off and there's more funds for football stuff

We’re one of the biggest spending clubs in all of Europe. Something we couldn’t say when we were at WHL

 

[Bullet]

https://twitter.com/x/status/1821943868033515628

 

[Lilbaz]

https://twitter.com/x/status/1821943868033515628

Gray, yang and vuskovic.

 

[metalgear]

Also about player salaries. We have to be spending more than Arsenal in transfers and salaries. Don't forget Levy is the highest paid chairman and has made probably a billion or so for himself already. We've got good revenue but transfers and wages lag.

 

[metalgear]

 

[Lilbaz]

Also about player salaries. We have to be spending more than Arsenal in transfers and salaries. Don't forget Levy is the highest paid chairman and has made probably a billion or so for himself already. We've got good revenue but transfers and wages lag.

Why do we have to be spending more on arsenal on wages and saleries? Chelsea and utd spend far more than we do. Yet we finished higher.

 

[metalgear]

Why do we have to be spending more on arsenal on wages and saleries? Chelsea and utd spend far more than we do. Yet we finished higher.

Ignore arsenal if you want, but there is a positive correlation between high wages and topping whichever industry you are in. There will be exceptions but it will always revert to the norm. i.e. like once in a blue moon Leicester. Man U, Liverpool, Real etc say otherwise

 

[Lilbaz]

Ignore arsenal if you want, but there is a positive correlation between high wages and topping whichever industry you are in. There will be exceptions but it will always revert to the norm. i.e. like once in a blue moon Leicester. Man U, Liverpool, Real etc say otherwise

So if we spent double the transfer fee and wages on solanke we'd have more chance of winning something?

 

[Bedfordspurs]

Ignore arsenal if you want, but there is a positive correlation between high wages and topping whichever industry you are in. There will be exceptions but it will always revert to the norm. i.e. like once in a blue moon Leicester. Man U, Liverpool, Real etc say otherwise

United are the showcase of why that measure doesn’t work
What is true is that money and time… makes a difference