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Financial Madness ? (1 Viewer)

  • Thread starter Sky Blue Harry H
  • Start date Sep 20, 2018
Forums New posts

Sky Blue Harry H

Well-Known Member
  • Sep 20, 2018
  • #1
Seeing Reading prepared to pay (supposedly) circa £18k a week to Marc McNulty (4 year contract?), and he can rarely get a game for them, how much trouble are they likely to be in if they drop down to League 1? I know little about their finances, except that they must surely be under incredible financial pressure if they are forking out those sort of wages to their squad, with such a potential drop in income.
 

Captain Dart

Well-Known Member
  • Sep 20, 2018
  • #2
Meh.. that's their problem
 

Samo

Well-Known Member
  • Sep 20, 2018
  • #3
Captain Dart said:
Meh.. that's their problem
Click to expand...

Reading you say? Urm... Nah moved on!
 

no_loyalty

Well-Known Member
  • Sep 20, 2018
  • #4
Sky Blue Harry H said:
Seeing Reading prepared to pay (supposedly) circa £18k a week to Marc McNulty (4 year contract?), and he can rarely get a game for them, how much trouble are they likely to be in if they drop down to League 1? I know little about their finances, except that they must surely be under incredible financial pressure if they are forking out those sort of wages to their squad, with such a potential drop in income.
Click to expand...

Not getting many through the turnstiles either, just under 13,000 there last night
 

GaryJones

Well-Known Member
  • Sep 20, 2018
  • #5
Think they’ve struggled since Mad-jet-ski pulled out and decided not to finance them.
Think they will find their true level in League One.
 
W

Wiseoldfool

Well-Known Member
  • Sep 20, 2018
  • #6
Reading owner admits the club has become too expensive to run
This article is 18months ago but I think they could be in trouble especially if they do go down
 

Terry Gibson's perm

Well-Known Member
  • Sep 20, 2018
  • #7
League one side that have had a good time
 

Sky Blue Harry H

Well-Known Member
  • Sep 20, 2018
  • #8
Not reading specifically (just an example) bit It just made me think that most of the Championship clubs must be vulnerable if they get relegated. Maybe not quite the same as dropping from PL to Championship, but Championship wages must be a millstone on their finances if they hit L1, if wages are at McNulty's level.
 

GaryMabbuttsLeftKnee

Well-Known Member
  • Sep 20, 2018
  • #9
Have I missed something? Is McNulty genuinely on £18k a week there?


Sent from my iPhone using Tapatalk
 

christonabike

Well-Known Member
  • Sep 21, 2018
  • #10
I thought they offered him £8k a week?
 

clint van damme

Well-Known Member
  • Sep 21, 2018
  • #11
Sky Blue Harry H said:
Seeing Reading prepared to pay (supposedly) circa £18k a week to Marc McNulty (4 year contract?), and he can rarely get a game for them, how much trouble are they likely to be in if they drop down to League 1? I know little about their finances, except that they must surely be under incredible financial pressure if they are forking out those sort of wages to their squad, with such a potential drop in income.
Click to expand...

be amazed if he's on 18 grand a week.
I'd imagine McNulty was on around 1500 per week with us, I'm sure they didn't need to offer him 12 times his wages to tempt him away.
 

covcity4life

Well-Known Member
  • Sep 21, 2018
  • #12
lets loan him back at xmass, remind him what its like to be a footballer
 

clint van damme

Well-Known Member
  • Sep 21, 2018
  • #13
covcity4life said:
lets loan him back at xmass, remind him what its like to be a footballer
Click to expand...

I did wonder if that might happen.
 

Sky Blue Harry H

Well-Known Member
  • Sep 21, 2018
  • #14
Apologies if the salary is out. I am quoting (foolishly) from another thread where I'd read it(hoping now I haven't got mixed up with Sterling whose salary was being touted at 18-20k a week!! My bad, if so!)
 
M

Magwitch

Well-Known Member
  • Sep 21, 2018
  • #15
I actually think as much as I’d like to be in it the Championship is a bloody dangerous league to be in. There’s the golden pot of the Prem on the horizon then the grim third division lurking behind. There are clubs in the championship spending huge chunks of money on transfer fees, wages and command nowhere near the gates or income to back it up trying to get to this promised land. I work with a home and away Villa die-hard and he said to me if they went up they’d have to spend over 100 million just to stay in, crazy and anyone they have any good the bigger boys at the top nick them.
 
S

smileycov

Facebook User
  • Sep 21, 2018
  • #16
I amuse myself by thinking McNulty must txt his agent every time he is on the bench and say - this is your fault you prick!!!
 
Reactions: Covskyblue and cc84cov

Liquid Gold

Well-Known Member
  • Sep 21, 2018
  • #17
Reading have some serious problems. A friend of mine is a fan and he's resigned to relegation already.
 
M

Magwitch

Well-Known Member
  • Sep 21, 2018
  • #18
They struggled to stay in last season, McNulty was their main signing for one and a half million, he’s not being picked and they are losing, I’d be surprised if Clement lasts to the end of October.
 

Liquid Gold

Well-Known Member
  • Sep 21, 2018
  • #19
Magwitch said:
They struggled to stay in last season, McNulty was their main signing for one and a half million, he’s not being picked and they are losing, I’d be surprised if Clement lasts to the end of October.
Click to expand...
Bladock was their main signing
 

IrishSkyBlue

Facebook User
  • Sep 21, 2018
  • #20
McNulty only hope is a new manager comes in and gives him a chance otherwise hopefully we see them going down and us going up that would be funny.
 

Skyblueweeman

Well-Known Member
  • Sep 21, 2018
  • #21
Liquid Gold said:
Reading have some serious problems. A friend of mine is a fan and he's resigned to relegation already.
Click to expand...

Further down the line, I think London Irish might be going to share with Brentford FC if their new stadium gets built, meaning a loss of rental income from them.
 
T

thekidfromstrettoncamp

Well-Known Member
  • Sep 21, 2018
  • #22
You don't have to look as far as Reading we singed Stuart Beavon on a 2 year contract in June 2017 even at that time it was obvious that was money that could have been better spent elsewhere . All clubs waste money but I do admit the championship waste more than most . Magwitch if Villa went up they could afford to spend £100,000 just to stay in there as you get that much if you finish bottom . The only thing is players they sign would have to have a clause put in their contract if they went down they would be allowed to leave or play on championship wages.
 

bawtryneal

Well-Known Member
  • Sep 21, 2018
  • #23
No way is McNulty on 18k a week.
Readings highest salary is more like 30k a month and McNulty will be on £22k a month tops so more like £5k to £6k a week.
 
Last edited: Sep 22, 2018

Ricketts

Well-Known Member
  • Sep 21, 2018
  • #24
bawtryneal said:
No way is McNulty on 18k a week.
Readings highest salary is more like 30k a month and McNulty will be on £22k a month tops so more like £5k to £6k a month.
Click to expand...
I am expecting this to be edited to change 'month' to 'week'.

Would make more sense.
 
Reactions: bawtryneal

Covstu

Well-Known Member
  • Sep 21, 2018
  • #25
clint van damme said:
be amazed if he's on 18 grand a week.
I'd imagine McNulty was on around 1500 per week with us, I'm sure they didn't need to offer him 12 times his wages to tempt him away.
Click to expand...
Agree take the 1 away and it might be close
 
M

Magwitch

Well-Known Member
  • Sep 22, 2018
  • #26
Skyblueweeman said:
Further down the line, I think London Irish might be going to share with Brentford FC if their new stadium gets built, meaning a loss of rental income from them.
Click to expand...
There’s always Wasps to take London Irish place, a lot nearer London too
 
Reactions: ccfc92, Skyblueweeman and thekidfromstrettoncamp
T

thekidfromstrettoncamp

Well-Known Member
  • Sep 22, 2018
  • #27
Magwitch said:
There’s always Wasps to take London Irish place, a lot nearer London too
Click to expand...
Would be nice if that happened but I would not hold my breath waiting for our owners to put up serious money to buy the Ricoh
 

Covstu

Well-Known Member
  • Sep 22, 2018
  • #28
thekidfromstrettoncamp said:
Would be nice if that happened but I would not hold my breath waiting for our owners to put up serious money to buy the Ricoh
Click to expand...
They did.... nowt will happen until the court case outcome anyway
 
T

thekidfromstrettoncamp

Well-Known Member
  • Sep 23, 2018
  • #29
Covstu said:
They did.... nowt will happen until the court case outcome anyway
Click to expand...
"TWOHUNDREDPERCENT" article October 7th says they didn't perhaps you know better .I have not seen anything different.
 
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