Club finances (6 Viewers)

[Lamps]

One of the old favourites where the topic would end up with over 100 pages of replies. These days not spoken too much about. The problem is have is life overtook me for a period of time and I don't know if anything happened then.

Couple of questions.

When Lampard took over had all the money from the sales of Hamer and Gyokeres been spent? If so did we bring in any other large amounts of money?

If not then as well as losses have we found about 8m for the signings since Lampard took over? Could this be anything to do with this mysterious 15m?

On a total guess again. Not going back too many years our squad was worthless. We looked an average League 2 side. We've had a few victories in the transfer market. Squad value now 100m+? Is King taking a little gamble on signing players that will help our quest in promotion as well as gaining in value? KKH is an excellent signing with this view.

Or am I just dreaming and we have already spent the Gyokeres next installment?

 

[Briles]

One of the old favourites where the topic would end up with over 100 pages of replies. These days not spoken too much about. The problem is have is life overtook me for a period of time and I don't know if anything happened then.

Couple of questions.

When Lampard took over had all the money from the sales of Hamer and Gyokeres been spent? If so did we bring in any other large amounts of money?

If not then as well as losses have we found about 8m for the signings since Lampard took over? Could this be anything to do with this mysterious 15m?

On a total guess again. Not going back too many years our squad was worthless. We looked an average League 2 side. We've had a few victories in the transfer market. Squad value now 100m+? Is King taking a little gamble on signing players that will help our quest in promotion as well as gaining in value? KKH is an excellent signing with this view.

Or am I just dreaming and we have already spent the Gyokeres next installment?

There was a poster on here who sadly passed away who would've been all over these questions!

 

[Bigelvesy]

I know absolutely nothing factual to answer these questions, but i just wanted to say i think there is a common misconception that transfers are paid in upfront lump sums.
In reality they are stretched out and structured over multiple years, and therefore the “budget/pot of cash” goes further.
Additional to that the reported figures are often the total potential amount including performance benchmarks and not the guaranteed money.

The most obvious one i see related to Cov is Ellis Simms, often claimed to have cost us £7-8m but this is the overall value of the transfer, we initially paid 3.5m and the rest is made up of installments and performance (team and personal) milestones.

Personally, and only based on gut feel i think we have so far had all incoming covered by the outgoing, whether there is any left without more outgoings im not sure

 

[Sky_Blue_Dreamer]

I know absolutely nothing factual to answer these questions, but i just wanted to say i think there is a common misconception that transfers are paid in upfront lump sums.
In reality they are stretched out and structured over multiple years, and therefore the “budget/pot of cash” goes further.
Additional to that the reported figures are often the total potential amount including performance benchmarks and not the guaranteed money.

The most obvious one i see related to Cov is Ellis Simms, often claimed to have cost us £7-8m but this is the overall value of the transfer, we initially paid 3.5m and the rest is made up of installments and performance (team and personal) milestones.

Personally, and only based on gut feel i think we have so far had all incoming covered by the outgoing, whether there is any left without more outgoings im not sure

But does the pot go further, because we're receiving transfer fees in installments too. So swings and roundabouts.

 

[Lamps]

I know absolutely nothing factual to answer these questions, but i just wanted to say i think there is a common misconception that transfers are paid in upfront lump sums.
In reality they are stretched out and structured over multiple years, and therefore the “budget/pot of cash” goes further.
Additional to that the reported figures are often the total potential amount including performance benchmarks and not the guaranteed money.

The most obvious one i see related to Cov is Ellis Simms, often claimed to have cost us £7-8m but this is the overall value of the transfer, we initially paid 3.5m and the rest is made up of installments and performance (team and personal) milestones.

Personally, and only based on gut feel i think we have so far had all incoming covered by the outgoing, whether there is any left without more outgoings im not sure

It's all about balancing the books. All transfer deals are different. You need to make sure what you have coming in with transfers covers what's going out. Otherwise you are going to eat into your playing budget or you need money putting into our club. The major priority is keeping up with payments on transfers.

I thought the Gyokeres and Hamer money was spent when Robins was with us. Since then we have spent about another 8m. The money we have coming from them won't cover it.

 

[Brighton Sky Blue]

Yes we’ll be paying for most signings in instalments, but the money has still been committed without player sales this year.

 

[fernandopartridge]

The last accounts to 31 May 24 show £23.6m profit on player sales. They present transfer fees as debts within one year and over one year totalling £7.3m and £9.7m and refers to spending post the accounting period of an additional £10m. It's a little difficult to follow really. The wage bill went up by £6m / 33%.

King had made a £30m credit facility available to the club, which increased by £24m in year.

 

[Major Tom]

Think it's fair to say it looks and certainly feels that we are in a better position than we have been for some time and we are a lot more secure than some clubs in the EFL. Only overhanging doubt is the stadium and what the future holds for us and the owners in terms of rent and stability.
Increasing attendances and profile can only be good for the club which will help bring in better quality players driving more success.
Feels like a great time to be a city supporter with young family who go up too. Another good year in the championship, a strong start with close to 30,000 attendances is some turn around from where we were. Attendance 5 years ago pre-pandemic start of the 2019/20 season first home game 6,534 home to Southend.

 

[Balli001]

Think it's fair to say it looks and certainly feels that we are in a better position than we have been for some time and we are a lot more secure than some clubs in the EFL. Only overhanging doubt is the stadium and what the future holds for us and the owners in terms of rent and stability.
Increasing attendances and profile can only be good for the club which will help bring in better quality players driving more success.
Feels like a great time to be a city supporter with young family who go up too. Another good year in the championship, a strong start with close to 30,000 attendances is some turn around from where we were. Attendance 5 years ago pre-pandemic start of the 2019/20 season first home game 6,534 home to Southend.

That was at St Andrews though as part mitigation

 

[Major Tom]

That was at St Andrews though as part mitigation

yes good call of course.. seems an age ago in football terms.