Southern red
Vital Champions League
I know some of you are more up on the finances...if we keep BB,BO and Britt
How much with ffp could we spend on players?
How much with ffp could we spend on players?
Woanz - 22/5/2017 12:04
I sadly think Brez is off. Someone will offer him enough money to set him up for life and who can blame him for leaving for that.
MarvinsPA - 22/5/2017 12:08
Woanz - 22/5/2017 12:04
I sadly think Brez is off. Someone will offer him enough money to set him up for life and who can blame him for leaving for that.
Leaving for a Liverpool, Man or Chelsea is gambling with his career, while not moving would be gambling on his future financial security. Tough decision for a kid to make, hope he has decent people around him to offer advice rather than use him for their own ends, the wrong type of parent is equally as destructive as the wrong type of agent.
Would imagine transfer fees won't be more than 2, possibly 3 million + some of whatever we bring in.
Southern red - 22/5/2017 12:23
I think another season with us wouldn't do him any harm at all. If he continues to develop as he did this season, it will only increase value and his options
Southern red - 22/5/2017 12:02
I know some of you are more up on the finances...if we keep BB,BO and Britt
How much with ffp could we spend on players?
Calvin Plummer - 22/5/2017 13:06
If we follow the Olympiacos model (which I hope we do) then not very much. There will be investment in infrastructure, staff and capital. We'll see an improved scouting network, increased commercial activity, possibly redevelopment in the long term of the CG.
However he will expect us ultimately to be self-sustaining. Do not expect Fawaz type promises...
Olympiacos is a model club in terms of FFP and develops talent in order to sell them at a profit. That will be his long term goal with us.
interzone - 22/5/2017 14:33
It depends.
Last years accounts have essentially made FFP a bit of a farce. Our 'loss' was essentially about £20m but around £17m got put through the profit and loss account, meaning we only posted a loss about £2m, thus meeting the FFP reg's.
In theory they could spend £50m, write off the money, post a meagre loss and pass FFP again.
So who knows.
MarvinsPA - 22/5/2017 12:29
Southern red - 22/5/2017 12:23
I think another season with us wouldn't do him any harm at all. If he continues to develop as he did this season, it will only increase value and his options
Yes, but if he then suffers a career ending injury or doesn't develop he's lost his financial security.
Big big decision for him.
mao tse tung - 22/5/2017 15:14
Calvin Plummer - 22/5/2017 13:06
If we follow the Olympiacos model (which I hope we do) then not very much. There will be investment in infrastructure, staff and capital. We'll see an improved scouting network, increased commercial activity, possibly redevelopment in the long term of the CG.
However he will expect us ultimately to be self-sustaining. Do not expect Fawaz type promises...
Olympiacos is a model club in terms of FFP and develops talent in order to sell them at a profit. That will be his long term goal with us.
You're beginning to warm to him, aren't you?
I hope you are right with your assessment because that should be the aim for all clubs, not just us.
I think he will have to throw a few pounds at the playing side initially though.
forestfire_59 - 22/5/2017 15:56
As a bookkeeper, rather than an accountant, how does that work? Surely capital introduced is a balance sheet item rather than profit and loss?
As a bookkeeper are you good at saving pens as well?forestfire_59 - 22/5/2017 15:56
interzone - 22/5/2017 14:33
It depends.
Last years accounts have essentially made FFP a bit of a farce. Our 'loss' was essentially about £20m but around £17m got put through the profit and loss account, meaning we only posted a loss about £2m, thus meeting the FFP reg's.
In theory they could spend £50m, write off the money, post a meagre loss and pass FFP again.
So who knows.
As a bookkeeper, rather than an accountant, how does that work? Surely capital introduced is a balance sheet item rather than profit and loss?
Widdow - 22/5/2017 21:36
FFP has done nothing to reduce transfer fees
Having transfer windows and getting rid of emergency loan system on top of he millions the relegated teams can spend has just made the market even crazier. Average players you need to spend silly money. Anyone who can score goals in this league suddenly worth £10m. Fulham midfielder from nottm, cairney apparently worth £15m after his season. Could of picked him up a year or so ago for a million.
So how much will we need to spend to compete on the 5 quality players Mark wants is anyone's guess. I just hope he doesn't compromise and goes for the quality he suggests and not the crap foreign rubbish we ended up with in the main last season.
Of course don't all to be purchases and we could get some loans from premier league, but have to be patient with them to arrive and certainly not for June 26th when players report back for preseason and when Mark wants the majority of his business done by
Exciting and interesting summer ahead