65% wage cap (3 Viewers)

ROLLO · May 15, 2012

so after reading the latest press release from the club it got me thinking about the wage cap . with the loss o PL money down from 4m to 800 k this apperantly reduces our income by 1/2 so this leaves us with income of 3.6 m, 65% of this is 2.34m so accounting for running a squad of 24 players we need to average a wage bill of £1,875 a week include youth players in to the equasion this leaves an average of £1700 a week

ok so look at our current first team squad

COVENTRY CITY SQUAD: GOALKEEPERS

Joe Murphy £4000
Chris Dunn £500

COVENTRY CITY SQUAD: DEFENDERS

COVENTRY CITY SQUAD: MIDFIELDERS

COVENTRY CITY SQUAD: FORWARDS

so i would estimate the comes out around 37k with total budget of 40.8k so this would leave room for one or 2 players to be added, of course before i get flamed for this all my numbers are hypothtical and this has has mainly been written out as i worked it out for my own interest but would anone massivle disagree with the figures posted here.

ccfcway · May 15, 2012

wood turned down 6k from sheff wed so he will be on 7k at least

mcsheff will not be on 4k

ROLLO · May 15, 2012

i would hope that players do have some kind of relagtion wage drop in there contract especally anyone who renewed this season but if RW is our higest earner i do think he is someone we need to move on for sake of having any money to build a squad

coop · May 15, 2012

I no for a fact that Conor Thomas earnt £14k when he was in the first team for that month so he will be on more Than £500 a week.He probably earnt more because he was playing with add ons and bonus's etc but I suspect he will be our anchor man all next season if fit.

wingy · May 15, 2012

The young ones we used last year are on £1000 minimum ,Clarke £2000,Cameron same

WillenhallSkyBlues · May 15, 2012

there's 100% noway Clive platts on 1500 a month I also know from knowing close friends of Gael that he is on £875 a week with a £250 starting bonus with a further £100 if he plays the whole 90 mins although he gives his local church any bonus' he receives

wingy · May 15, 2012

THe income assumption is off also ,we lose £4.25m. for dropping ,best guess last season was for £6.5m. ,allow for crowd drop off well be lucky to take £1.5-2m. in sales ,add in merchandise £3-400k.,take out the rent even if halved we're fooked.

ROLLO · May 15, 2012

then i would say we have some very seroius problems indeed if the kids are on that much money we would need to get rid of basicly every senior player to just build a squad, we are in more troble than i thought

Nonleagueherewecome · May 15, 2012

To the point where never mind the rent, we're totally screwed even without paying it (which we're, erm... emphatically not).

wingy · May 15, 2012

ROLLO said:
then i would say we have some very seroius problems indeed if the kids are on that much money we would need to get rid of basicly every senior player to just build a squad, we are in more troble than i thought

And this is the message the club gave Hoffman

ROLLO · May 15, 2012

wingy said:
THe income assumption is off also ,we lose £4.25m. for dropping ,best guess last season was for £6.5m. ,allow for crowd drop off well be lucky to take £1.5-2m. in sales ,add in merchandise £3-400k.,take out the rent even if halved we're fooked.

seaon tickets 7000 x 3000 2.1 m
4000 walk up average £15 a head 60k x 23 games £1,380,000

total gate revenu 3,480,000
with an average gate of 11k
so i would think your projected income is a litte low

tv money/league paments of 800k to so thats 4.3 m

wingy · May 15, 2012

Try an average of £180 -200 for ST sales due to free under sevens then all the concessions ,Reduce ST's by 1000 Add in £325k. league money i forgot ,possibly 2-3000 Walk up ,we only managed acouple of thousand when we looked like achieving the great escape,thats about where i see it ,you may be right it,it may be somewhere in the middle.

Edit;not forgetting we have overheads Youth squad and management ,executives ,Ryton Matchday employment ,its not all for the first team.

Astute · May 15, 2012

If we do well attendances will go up. If we do crap the attendances will go down. How many will still go if we keep losing to teams like Carlisle?

Ashdown · May 15, 2012

I think the under 7 free ticket has been scrapped? Those initial figures from Rollo were way out though on salaries, as that donkey Bell is reputedly on 6.5k per week. I anticipate even with SISU's negative effect 5000 ST's and 3000 walk ups plus 500 away fans on average, plus ancillary income. If SISU hopefully feck off the numbers will be 30% higher.

ROLLO · May 15, 2012

Ashdown said:
Those initial figures from Rollo were way out though on salaries, as that donkey Bell is reputedly on 6.5k per week.

thats one of the reasons i posted it up on here i have no idea about the players wages and i was trying to get an idea as to what task were really up against next season

AFCCOVENTRY · May 15, 2012

With today's statement you have to say we cannot afford to keep the following on the wage bill unless they take a drastic pay cut:

Wood
Keogh
Cranie
Bell
Baker
McSheffrey

pusbccfc · May 15, 2012

Bigis on 2k a week I assume Clarke about 2k

shmmeee · May 15, 2012

wingy said:
THe income assumption is off also ,we lose £4.25m. for dropping ,best guess last season was for £6.5m. ,allow for crowd drop off well be lucky to take £1.5-2m. in sales ,add in merchandise £3-400k.,take out the rent even if halved we're fooked.

£1.5m??

That's a gate of 5k season ticket holders! I think well do a fair bit better than that.

shmmeee · May 15, 2012

And 300k is less than 10k shirts alone, ignoring programmes and all the other stuff we sell.

wingy · May 15, 2012

shmmeee said:
£1.5m??

That's a gate of 5k season ticket holders! I think well do a fair bit better than that.

Was going on OSB's best guess for income last year of a round £6.5 m. Leaving £2.5m.i think the average for concessions and free kids brings Overall ST value to around £180--200 ,and expect ST sales to bottom out @6000.

ccfcway · May 15, 2012

shouldnt this be in the finance section

thorninmyside · May 15, 2012

what does any of this matter?? we are being bought by mega rich chinese!! or even troffman/// dont worry about the money side of things. we will be winning the prem in 4 years

Grendel · May 15, 2012

It doesn't matter anyway. It's not in play yet and relegated teams get dispensation to adjust. It's a pathetic excuse by the owners not to spend money.

classicfooty · May 15, 2012

ROLLO said:
so after reading the latest press release from the club it got me thinking about the wage cap . with the loss o PL money down from 4m to 800 k this apperantly reduces our income by 1/2 so this leaves us with income of 3.6 m, 65% of this is 2.34m so accounting for running a squad of 24 players we need to average a wage bill of £1,875 a week include youth players in to the equasion this leaves an average of £1700 a week

ok so look at our current first team squad

COVENTRY CITY SQUAD: GOALKEEPERS

Joe Murphy £4000

Chris Dunn £500

COVENTRY CITY SQUAD: DEFENDERS

Richard Keogh £4000

Chris Hussey £1000

Richard Wood £4000

Jordan Clarke £500

Nathan Cameron £500

Cyrus Christie £500

Aaron Phillips £500

COVENTRY CITY SQUAD: MIDFIELDERS

David Bell £4000

Carl Baker £3000

Gary Mcsheffrey £4000

Gary Deegan £2000

Conor Thomas £500

Gael Bigirimana £500

Josh Ruffels £500

Jordan Willis £500

COVENTRY CITY SQUAD: FORWARDS

Cody Mcdonald £4000

Clive Platt £1500

Sean Jeffers £500

Callum Wilson £500

so i would estimate the comes out around 37k with total budget of 40.8k so this would leave room for one or 2 players to be added, of course before i get flamed for this all my numbers are hypothtical and this has has mainly been written out as i worked it out for my own interest but would anone massivle disagree with the figures posted here.

so your basically just guessing thats what there on without any facts? what a pointless thread:facepalm:

stupot07 · May 15, 2012

kduffy said:
It doesn't matter anyway. It's not in play yet and relegated teams get dispensation to adjust. It's a pathetic excuse by the owners not to spend money.

It's starts in league one from this season coming 2012/13. And there's nothing on the football league website about dispensations for relegation clubs in league one unless I've missed it.
http://www.football-league.co.uk/page/FLExplainedDetail/0,,10794~2748246,00.html

mark82 · May 15, 2012

ccfcway said:
wood turned down 6k from sheff wed so he will be on 7k at least

mcsheff will not be on 4k

According to my mates who are Wednesday fans, Wood didn't want to leave he was forced out by Megson. Not sure he would have been offered a contract if the manager didn't want him.

ccfcway · May 15, 2012

he was getting booed by the fans beacuse he wanted to leave

he was their captain

TheParsonsHose · May 15, 2012

Imagine the additional motivation a relegation reduction caluse would bring....I doubt players would accept this nor would we be anywhere near savy to suggest it!

ROLLO · May 15, 2012

TheParsonsHose said:
Imagine the additional motivation a relegation reduction caluse would bring....I doubt players would accept this nor would we be anywhere near savy to suggest it!

u dont think players might be more motivated if getting relegated hit them in there own back pockets? we might not have had so many lackluster performances if we had have had these clauses and there are defintly other clubs out there that do use them

MusicDating · May 15, 2012

stupot07 said:
It's starts in league one from this season coming 2012/13. And there's nothing on the football league website about dispensations for relegation clubs in league one unless I've missed it.
http://www.football-league.co.uk/page/FLExplainedDetail/0,,10794~2748246,00.html

This section in the FFP link applies to us -

"iii. Sanctions for clubs relegated to League 1
Clubs relegated to League 1 will not be entitled to any payout derived from the Fair Play Tax and will be required to comply with the FFP rules in operation in that division."

So, yes it appears we'll have to comply with 65% of wages v turnover in time for next season.

The only 'punishment' is a transfer embargo though. Oh...

rob9872 · May 15, 2012

£500 lol many part time conference non league players get that much.

What we need to do is buy the revenue streams. Even if they won't give them up (and why should they) then we could have some kind of reciprical arrangement for an in and out income which should hopefully boost the amount we are allowed to spend. Man City used their own sponsors to purchase tehir ground for £400m so there are ways around it if you want to (albeit on a significantly smaller scale).

rob9872 · May 15, 2012

The biggest flaw highlighted by the guestimates is probably close to reality in the excess we are paying for defenders who are very replaceable at this level and a luxury we can't currently sustain.

Skybluestu · May 15, 2012

MusicDating said:
This section in the FFP link applies to us -

"iii. Sanctions for clubs relegated to League 1
Clubs relegated to League 1 will not be entitled to any payout derived from the Fair Play Tax and will be required to comply with the FFP rules in operation in that division."

So, yes it appears we'll have to comply with 65% of wages v turnover in time for next
season.

The only 'punishment' is a transfer embargo though. Oh...

This is correct. We have to adjust straight away. Having had a read today I've found that teams relegated from the prem are given a season to adjust to FFP rules in the championship (not sure if they come into play next season tho). Not looking good really

wingy · May 15, 2012

rob9872 said:
£500 lol many part time conference non league players get that much.

What we need to do is buy the revenue streams. Even if they won't give them up (and why should they) then we could have some kind of reciprical arrangement for an in and out income which should hopefully boost the amount we are allowed to spend. Man City used their own sponsors to purchase tehir ground for £400m so there are ways around it if you want to (albeit on a significantly smaller scale).

Rob you're slightly off there as Man City rent their groung @£3m. per an,the £400m. is in sponsorship ,but given their vast income it puts our rent into perspective,i can.t sanction this bunch getting asoft ride ,but how did mcginity +robinson get so badly backshafted into this deal,there has to have been a political stitch up somewhere.:thinking about:

kingharvest · May 15, 2012

Plus when you say 65% of salaries it's not just the first team. You need to start thinking of the whole business...dunno how many the club directly employs but given the turnover it's got to be somewhere in the region of 80-100?

65% wage cap (3 Viewers)

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