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How much will we spend in the summer? (22 Viewers)

  • Thread starter DawlishSkyBlue
  • Start date Sunday at 6:38 PM
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shmmeee

Well-Known Member
  • Today at 8:51 AM
  • #106
clint van damme said:
What?!
Click to expand...

What do you think did?
 

TomRad85

Well-Known Member
  • Today at 8:51 AM
  • #107
Sick Boy said:
The clubs had been mismanaged for years prior to our relegation from the PL and we also got relegated at the worst time possible with the collapse of ITV Digital and before the big money came along.
Click to expand...
Yep and all the other Midlands clubs that i'd barely ever seen mentioned outside of Midlands News started getting promoted just as the big money came in. What a time to be a City fan that was.
 
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shmmeee

Well-Known Member
  • Today at 8:52 AM
  • #108
Sick Boy said:
The clubs had been mismanaged for years prior to our relegation from the PL and we also got relegated at the worst time possible with the collapse of ITV Digital and before the big money came along.
Click to expand...

Are people claiming we overspent in the Prem and that caused Sisu to put us into admin twenty years later??
 

clint van damme

Well-Known Member
  • Today at 9:09 AM
  • #109
shmmeee said:
What do you think did?
Click to expand...

Well we clearly did overspend, and that lead to us losing the ground that was supposed to be ours and the 'white knights' of sisu coming to our 'rescue'.
 

clint van damme

Well-Known Member
  • Today at 9:10 AM
  • #110
shmmeee said:
Are people claiming we overspent in the Prem and that caused Sisu to put us into admin twenty years later??
Click to expand...

It was a chain of events, we wouldn't have needed them to stop us going into admin when they first arrived if we hadn't overspent.
 

Brighton Sky Blue

Well-Known Member
  • Today at 9:12 AM
  • #111
clint van damme said:
It was a chain of events, we wouldn't have needed them to stop us going into admin when they first arrived if we hadn't overspent.
Click to expand...
That is true, but the finances of top flight football are such that a promoted club really can spend £100 million on transfers quite safely.
 

clint van damme

Well-Known Member
  • Today at 9:12 AM
  • #112
Sick Boy said:
The clubs had been mismanaged for years prior to our relegation from the PL and we also got relegated at the worst time possible with the collapse of ITV Digital and before the big money came along.
Click to expand...

Yeah, that deal collapsing just compounded everything.
 
Reactions: Sky Blue Pete, Skyblueweeman and Sick Boy

clint van damme

Well-Known Member
  • Today at 9:14 AM
  • #113
Brighton Sky Blue said:
That is true, but the finances of top flight football are such that a promoted club really can spend £100 million on transfers quite safely.
Click to expand...

Again, I'm not disputing that, the initial outlay isn't the problem, but that comes with a huge wage bill that can become unsustainable in the event of relegation.

That has to be guarded against.
 
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CovRes

Well-Known Member
  • Today at 9:15 AM
  • #114
Sick Boy said:
The clubs had been mismanaged for years prior to our relegation from the PL and we also got relegated at the worst time possible with the collapse of ITV Digital and before the big money came along.
Click to expand...
It was before parachute payments as well.
 
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CovRes

Well-Known Member
  • Today at 9:19 AM
  • #115
Brighton Sky Blue said:
That is true, but the finances of top flight football are such that a promoted club really can spend £100 million on transfers quite safely.
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So long as you buy well and don't dish out stupid contracts whilst spending the money.

QPR, for example, had useless players on over £100k per week and couldn't shift them after being relegated.
 
Reactions: Lamps, Sky Blue Pete, HadjiChippo and 1 other person

Brighton Sky Blue

Well-Known Member
  • Today at 9:26 AM
  • #116
clint van damme said:
Again, I'm not disputing that, the initial outlay isn't the problem, but that comes with a huge wage bill that can become unsustainable in the event of relegation.

That has to be guarded against.
Click to expand...
Yep, which will be where relegation release and wage drop clauses would come in.
 

clint van damme

Well-Known Member
  • Today at 9:29 AM
  • #117
Brighton Sky Blue said:
Yep, which will be where relegation release and wage drop clauses would come in.
Click to expand...

I'd imagine so, but I think there's quite a lot of players, if they're of proven quality, who won't sign up to a wage drop clause, that's where the club have to hold their ground and say no deal then.
 
Reactions: colinc, Lamps, Brighton Sky Blue and 1 other person

shmmeee

Well-Known Member
  • Today at 9:33 AM
  • #118
clint van damme said:
It was a chain of events, we wouldn't have needed them to stop us going into admin when they first arrived if we hadn't overspent.
Click to expand...

I think that’s debatable and “getting a new owner” isn’t actually a football club being destroyed.
 

shmmeee

Well-Known Member
  • Today at 9:34 AM
  • #119
clint van damme said:
I'd imagine so, but I think there's quite a lot of players, if they're of proven quality, who won't sign up to a wage drop clause, that's where the club have to hold their ground and say no deal then.
Click to expand...

I think we have to trust that King is not the sort of owner to be paying stupid money for crap that we can’t get out of.
 

HadjiChippo

Well-Known Member
  • Today at 9:47 AM
  • #120
CovRes said:
QPR, for example, had useless players on over £100k per week and couldn't shift them after being relegated.
Click to expand...

Pretty sure one of those relegation seasons they had Rio Ferdinand, Wright-Phillips and Joey Barton all on £50,000/£60,000+ per week. The exact profile type of player we need to avoid if we go up, well past it with injury problems picking up premium wages. Just throwing big money away, with no potential of a transfer fee at the end of it.

I think agents target newly promoted clubs with players/offers like that.
 
Reactions: MaltaSkyBlue and CovRes

clint van damme

Well-Known Member
  • Today at 9:47 AM
  • #121
shmmeee said:
I think that’s debatable and “getting a new owner” isn’t actually a football club being destroyed.
Click to expand...

No, but it lead to years of misery for us supporters.
I don't think we'll see that scenario again, (the fact we now own the CBS should ensure that), but never say never, which is why I'm guarded against thinking one promotion to the PL means we can start spending like its going out of fashion again.
 
Reactions: Lamps and Skyblueweeman

shmmeee

Well-Known Member
  • Today at 9:53 AM
  • #122
clint van damme said:
No, but it lead to years of misery for us supporters.
I don't think we'll see that scenario again, (the fact we now own the CBS should ensure that), but never say never, which is why I'm guarded against thinking one promotion to the PL means we can start spending like its going out of fashion again.
Click to expand...

When did we do it in the first place?

the collapse of ITV Digital hit us more than anything and yes we could get another cataclysmic event where say Sky pull out of football but you can’t plan for that stuff.

The fact is even if you think we were doing a Derby or whatever we didn’t go out of existence. We got a crap owner. Lots of clubs get a crap owner without nearly entering admin and lots get a decent owner too.

The risk with your strategy is you do a Luton. You get so used to losing by not trying to stay up that you drop down again and we’re back to square one where staying in the Champ/going up requires an overspend of millions each year and sitting in L1/2 means an albatross of a stadium round your neck. The course to a sustainable CCFC in a 32k stadium goes through being a PL club I’m afraid. There’s no safe option where we sit at this level without losing so much we’re eventually in the same place.
 
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Sky_Blue_Dreamer

Well-Known Member
  • Today at 9:58 AM
  • #123
Lamps said:
Who said out of existence? There's no need to make up a story to try and prove a point.

So you think it's wise to spend 100m plus on players with big wages to go with it and do a Leicester, Sheffield United and others? Many don't. It's a slippery slope we've already been on and has taken us 25 years to recover from. And the luck of buying 2 players for not much and selling them for enough to buy a good squad.
Click to expand...
But you can pick and choose teams to suit what you want to say.

Why not choose Sunderland, who have spent a fair bit and are doing well? Forest spent big when they went up and it worked for them that season, even if their owner is a basket case. Or Luton, who didn't and are now in L1?

Fact is if we don't spend money we're definitely coming straight back down as our squad is not good enough. We're then likely to lose our best players that show they might be capable at the higher level and need to rebuild, adding uncertainty and the need for the squad to gel along with the negative mindset from getting beaten regularly.

If we do, we've potentially got a chance of staying up. Sadly, in the modern PL spending £100m isn't really a lot. It might get you four or five decent players or one big name superstar. It's all about HOW you spend that money. Hopefully we'd get it right, but there are obviously no guarantees.
 

clint van damme

Well-Known Member
  • Today at 10:23 AM
  • #124
shmmeee said:
When did we do it in the first place?

the collapse of ITV Digital hit us more than anything and yes we could get another cataclysmic event where say Sky pull out of football but you can’t plan for that stuff.

The fact is even if you think we were doing a Derby or whatever we didn’t go out of existence. We got a crap owner. Lots of clubs get a crap owner without nearly entering admin and lots get a decent owner too.

The risk with your strategy is you do a Luton. You get so used to losing by not trying to stay up that you drop down again and we’re back to square one where staying in the Champ/going up requires an overspend of millions each year and sitting in L1/2 means an albatross of a stadium round your neck. The course to a sustainable CCFC in a 32k stadium goes through being a PL club I’m afraid. There’s no safe option where we sit at this level without losing so much we’re eventually in the same place.
Click to expand...

The collapse of ITV Digital didn't hit us more than anything.
The banks, specifically the CO-OP deciding to stop bank rolling badly run football clubs hit us harder, the collapse of ITV Digital just compounded it.

But it wouldn't have mattered anywheee near as much if we'd had our finances in some sort of order.

As for 'my strategy' I haven't outlined one.
All I've said is we need a solid contingency for coming straight back down.

Given how many clubs that happens to, regardless of spend, I'm jot sure that that's too controversial.
 
Reactions: colinc and Skyblueweeman

TomRad85

Well-Known Member
  • Today at 10:32 AM
  • #125
I'm pretty sure Ipswich and Kompanys Burnley both spent over £100 million and were comfortably relegated. We need to get our transfer strategy correct more than anything, Ipswichs' strategy was honking tbf. Sunderland seem to be a good example of spending big and getting it right but its far from a sure thing. Wouldn't use Forest as an example, half the money they spent was on players they never used and they were incredibly lucky to stay up and would have been totally fucked if they didn't.
I wouldn't be overly surprised if we hit around the £100 million mark tbf but if it stops at around £80 million i'm not going to be wailing on here calling for Kings head.
 
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Cally Fedora

Well-Known Member
  • Today at 10:35 AM
  • #126
shmmeee said:
Are people claiming we overspent in the Prem and that caused Sisu to put us into admin twenty years later??
Click to expand...
Yes
 
C

Cally Fedora

Well-Known Member
  • Today at 10:38 AM
  • #127
Lots of talk about Luton. It’s fairly obvious we wouldn’t follow that model. It doesn’t have to be spend nothing or spend 200m. There is a sustainable middle ground. By and large fans have 0 clue about football club finances and you could argue that’s exactly as it should be. What I am fairly certain of is that we can’t spend enough to guarantee prem football. So we’ve got to find the middle ground.
 
Reactions: colinc, clint van damme and Mucca Mad Boys

Mucca Mad Boys

Well-Known Member
  • Today at 10:41 AM
  • #128
clint van damme said:
The shit show of the last 20 odd years all began with reckless spending.
It's like people haven't learnt a thing.

Staying up would be amazing, but it's not worth risking undoing all the work of the last few years for.
Yoyoing for a few years and gradually building a squad fit for the premiership wouldn't be the worse thing.

Spend a 100 mil and still get relegated and we've potentially got a major problem on our hands.
Click to expand...
Not in the same way as years gone by. Parachute payment teams have a structural advantage as their premiership spending is subsidised for 1-2 seasons post-relegation.

In reality, we've spent £55m over the past 3 summers so it's not really a stretch to bump that up to £100m to stay up in the Prem. Promotion itself is worth about £200m so the club definitely needs to spend money to compete.
 

TomRad85

Well-Known Member
  • Today at 10:43 AM
  • #129
Cally Fedora said:
Lots of talk about Luton. It’s fairly obvious we wouldn’t follow that model. It doesn’t have to be spend nothing or spend 200m. There is a sustainable middle ground. By and large fans have 0 clue about football club finances and you could argue that’s exactly as it should be. What I am fairly certain of is that we can’t spend enough to guarantee prem football. So we’ve got to find the middle ground.
Click to expand...
We obviously won't do a Luton anyway, its just taking it to the extreme to make a point. Pretty sure the summer Luton won the play offs at our expense, we actually spent more on transfers than Luton as a Championship club. The 2 teams that managed to finish below them should be ashamed of themselves and banned from ever entering the Premier League.
 

Mucca Mad Boys

Well-Known Member
  • Today at 10:46 AM
  • #130
Cally Fedora said:
Lots of talk about Luton. It’s fairly obvious we wouldn’t follow that model. It doesn’t have to be spend nothing or spend 200m. There is a sustainable middle ground. By and large fans have 0 clue about football club finances and you could argue that’s exactly as it should be. What I am fairly certain of is that we can’t spend enough to guarantee prem football. So we’ve got to find the middle ground.
Click to expand...

Luton didn't really spend anything and their big project was the stadium and the feeling was that they were never going to establish themselves, so why bother?

With Coventry, it's a populous one-club city so establishing Premiership status could attract significant investment to grow as a club in the way Forest, Leicester and others have.

You can't go up, not spend and expect things to go well.
 

clint van damme

Well-Known Member
  • Today at 10:53 AM
  • #131
Mucca Mad Boys said:
Not in the same way as years gone by. Parachute payment teams have a structural advantage as their premiership spending is subsidised for 1-2 seasons post-relegation.

In reality, we've spent £55m over the past 3 summers so it's not really a stretch to bump that up to £100m to stay up in the Prem. Promotion itself is worth about £200m so the club definitely needs to spend money to compete.
Click to expand...

Where have I said we don't need to spend money?
 

Mucca Mad Boys

Well-Known Member
  • Today at 11:00 AM
  • #132
clint van damme said:
Where have I said we don't need to spend money?
Click to expand...
What do you define as 'sensible'. Spending £100-120m in a summer window isn't exactly profligate. Look at Ipswich, they went back to back promotions, spent a lot and their squad is now comfortably the strongest in the league. My critique of their transfer policy is that they've created a Championship 'super-team' that probably isn't good enough to stay up but if they get promoted again, they will have another stab at staying up and reinvesting Prem money.

You have to willing to sink over £100+ million to stay up this league as a newcomer.
 

Sky Blue Pete

Well-Known Member
  • Today at 11:10 AM
  • #133
One of the things king was clear about was if you want the best players in the league you have to pay them the going rate

I think the latest accounts will show that all the increase turnover and more will be being spent on wages
 
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Grendel

Well-Known Member
  • Today at 11:14 AM
  • #134
shmmeee said:
Are people claiming we overspent in the Prem and that caused Sisu to put us into admin twenty years later??
Click to expand...

We were about to go into administration when they came in. We’d sold every single asset we had virtually to try and stave off the inevitable as soon as we went down.

The only reason we didn’t was the board didn’t want an administration when the bidders would come in. We filed for it in 2007
 
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JSL

Well-Known Member
  • Today at 11:15 AM
  • #135
If we go up, we will stay up. I have no doubt. Lampard and King will make sure we have the best players we can afford for the task
 
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Sick Boy

Super Moderator
  • Today at 11:17 AM
  • #136
It feels surreal to be within touching distance of a return to the PL. I was 16 when we were relegated and it had begun to feel as though I’d never see it again in my lifetime.
 
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TomRad85

Well-Known Member
  • Today at 11:21 AM
  • #137
Sick Boy said:
It feels surreal to be within touching distance of a return to the PL. I was 16 when we were relegated and it had begun to feel as though I’d never see it again in my lifetime.
Click to expand...
We've been through exactly the same pain. Relegated in my final year at school.
 
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clint van damme

Well-Known Member
  • Today at 11:23 AM
  • #138
Mucca Mad Boys said:
What do you define as 'sensible'. Spending £100-120m in a summer window isn't exactly profligate. Look at Ipswich, they went back to back promotions, spent a lot and their squad is now comfortably the strongest in the league. My critique of their transfer policy is that they've created a Championship 'super-team' that probably isn't good enough to stay up but if they get promoted again, they will have another stab at staying up and reinvesting Prem money.

You have to willing to sink over £100+ million to stay up this league as a newcomer.
Click to expand...

Again, it's not the spend, it's having a contingency in place for relegation.

But the more you spend the more your wage bill rises, can we service that wage bill in the Championship if the worse happens is the question?
 
Reactions: Sky Blue Pete, Lamps and Mucca Mad Boys

Lamps

Well-Known Member
  • Today at 11:28 AM
  • #139
Sky_Blue_Dreamer said:
But you can pick and choose teams to suit what you want to say.

Why not choose Sunderland, who have spent a fair bit and are doing well? Forest spent big when they went up and it worked for them that season, even if their owner is a basket case. Or Luton, who didn't and are now in L1?

Fact is if we don't spend money we're definitely coming straight back down as our squad is not good enough. We're then likely to lose our best players that show they might be capable at the higher level and need to rebuild, adding uncertainty and the need for the squad to gel along with the negative mindset from getting beaten regularly.

If we do, we've potentially got a chance of staying up. Sadly, in the modern PL spending £100m isn't really a lot. It might get you four or five decent players or one big name superstar. It's all about HOW you spend that money. Hopefully we'd get it right, but there are obviously no guarantees.
Click to expand...
Nobody has said don't spend money. What's been said is spending 100m plus and with the wages that comes with it is a gamble that some are trying to deny.

Yes Sunderland are doing well so far. They have spent a massive amount and got a lot for a player with a well known surname. The question is can they keep it up.

Name teams that suit? In recent years the vast majority of sides that go up come straight back down. Those that spend unwisely have gotten into financial trouble.
 

Brighton Sky Blue

Well-Known Member
  • Today at 11:32 AM
  • #140
Sick Boy said:
It feels surreal to be within touching distance of a return to the PL. I was 16 when we were relegated and it had begun to feel as though I’d never see it again in my lifetime.
Click to expand...
I thought the play off final was ‘the chance’ with two of the best players we’ve had since 2001 in the side. Being in this position is wild, if we don’t do it this season we just never will.
 
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