So its that time of year again, how much do you think we will spend this summer? This is including money from outgoings.
Reading reports that we've got fresh sponsorships, add to that revenue from and expanded Europa competition we should be in a better position to spend more.
Webb and Lange has had one season now, they should be able complete getting rid of the deadwood and no-hopers.
That said, there was a cash injection of gbp150m by the owners last season - was there an account of how this was used anywhere?
Only £100m has been issued so far. Guessing the other £50m will go on the hotel. We spent £250m on players in the last year. Recouping £100m.
As for sponsorships we've lost the cinch deal. So not any better off. Unless we get a new sleeve sponsor.
Also deadwood and no hopers is disrespectful. They are still our players.
That's really just Spence, Rodon and Regullion then. The rest of our likely departures (Hojbjerg, Lo Celso, Royal, maybe Davies) he has been prepared to use where need be and have been good servants (GLC less so)By deadwood and no hopers I mean just that - players that have been frozen out of anges plans completely.
No matter how much we will spend this summer, it's not gonna be enough.
Not sure it makes much sense to consider gross spend. I mean we could sell Romero, Udogie and Van Der Ven and then spend £120m but have a considerably worse team than this year. Net spend is what is important and I expect us to spend between £70m and £100m net.
If we continue spend ~£120m net per year and operate a wage bill of around 55% of turnover (for a season where we're in the Europa league - will naturally go up a bit if we miss europe and down a bit if we make CL) then we should be able to remain a competitive top 6 team for the foreseeable future with the chance of winning a couple of pots every decade. Providing of course we ensure that we keep a high quality team in place for scouting, recruitment and coaching.
It will be fluid won’t it, depending on who we signWhat is our amortisation costs per season now?
It will be fluid won’t it, depending on who we sign
But we did owe a lot and that’s money we have to pay
Plus salesIt'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.
Plus sales
Aren’t they in top
And yes they are part of the £500m I know
Well we’re all fudged then as we’re in a good stateSales would be a part of turnover. Also you can't rely on them. Just the same as european football. It's unlikely we'd get £100m for a player this summer as we did for kane.