There was a poster on here who sadly passed away who would've been all over these questions!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?
But does the pot go further, because we're receiving transfer fees in installments too. So swings and roundabouts.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 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
That was at St Andrews though as part mitigationThink 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.
yes good call of course.. seems an age ago in football terms.That was at St Andrews though as part mitigation
Oldskyblue58. Mark FranklinThere was a poster on here who sadly passed away who would've been all over these questions!
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.
Is that just because the ground is full and we’re spending money? We don’t have a clue how secure we are in reality do we?
We’re as secure as any championship club can be.
Our losses are not significant compared to the rest of the division
I suspect if we hadn't been through all the shit with SISU nobody would be giving a second thought to our finances.All this stuff is hypothetical really. None of us spotted Sisus exit despite obsessing over the finances. The only person who knows how much the owner is willing to put up with is the owner. All we can do is enjoy the football (or not) really.
I suspect if we hadn't been through all the shit with SISU nobody would be giving a second thought to our finances.
While its good to be aware, and I prefer people to be concerned rather than being like Portsmouth fans who demand ridiculous levels of investment within months of being 'saved', its out of our control and you have to trust King to not get us in a position we can't recover from.
The sad reality is the league is setup so that teams who aren't prepared to throw silly money away are at a disadvantage.
Exactly, I mean at some point one won't but hopefully it's not us. It was only really a bigger concern with SISU because a club not playing in its home city with an owner wanting to get all their money back wasn't an easy sell.Clubs our size tend to find another buyer willing to have a go on the merry go round.
Exactly, I mean at some point one won't but hopefully it's not us. It was only really a bigger concern with SISU because a club not playing in its home city with an owner wanting to get all their money back wasn't an easy sell.
I don't disagree, but unless there's full exposure which is extremely unlikely then we will never know. That why said 'it feels like and we are lot more secure that on clubs in the EFL 'OK and how much capacity for losses do we have?
All this stuff is hypothetical really. None of us spotted Sisus exit despite obsessing over the finances. The only person who knows how much the owner is willing to put up with is the owner. All we can do is enjoy the football (or not) really.
I don't disagree, but unless there's full exposure which is extremely unlikely then we will never know. That why said 'it feels like and we are lot more secure that on clubs in the EFL '
Looking at Hull, SWFC, QPR possibly Leicester.
Admittedly it can turn from good to bad overnight for a lot of clubs, but we have to take the good whilst it's here. The signs currently are that we are on for another season where we can challenge for top 6 with a good manager and an owner who is willing to invest.
I wouldn't say we're that secure. We are dependent on the owner to fund losses and have limited tenure on the stadium. The balance sheet is better though.
In the Autumn of my life and my dearest wish is to see the club finally own the stadium.
With how things have gone since I'm glad they left when they did. But 2 years before they left i wanted them out as desperately as anyone else. There's some bad owners out there just watching their clubs disintegrate. We could have got another one ourselves.Pity sisu didn't get out a couple of years earlier, could have gone straight through the division's or tried, however I actually like that we do it organically!
I guess that last bit is what sets us aside from any other Championship club.The club is still dependant on a source of income to keep it going.
Operationally it’s typically losing £6-£7 million a year.
As a going concern it’s relatively worthless still. It’s big issue is no lease on its ground and what it does have is rapidly expiring
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