In theorry , if our owners wanted to get us out of this league ....they couldYep. It does make the point that the Wasps deal has rather scuppered the club now, although it's also fair to point out that the owners can fund the club with 'donations', at least in this league. On which note, is there a 'waiting patiently' smiley that I can use here?
It's hardly news though is it... We've been going on about it for bloody months.
In theorry , if our owners wanted to get us out of this league ....they could
What you can easily forget of course is that a player's value correlates pretty strongly with the player's wage.
So a free - transfer would command a much lower wage than a £5m one. Both eat into that 60% of turnover cap...but at different rates. Our current turnover is suffering thanks to the insane miscalculation about the Sickfields move...although whether an agreement with ACL for a Ricoh arrangement would have had us in any better turnover position or not we will never know now.
PUSB
What you can easily forget of course is that a player's value correlates pretty strongly with the player's wage.
So a free - transfer would command a much lower wage than a £5m one. Both eat into that 60% of turnover cap...but at different rates. Our current turnover is suffering thanks to the insane miscalculation about the Sickfields move...although whether an agreement with ACL for a Ricoh arrangement would have had us in any better turnover position or not we will never know now.
PUSB
So the SMCP calculation provides a budget and is set based on turnover including player sales and the deduction of certain costs but doesn't apply to all players and definitely does not provide 60p in every £ received to the manager
It is monitored half yearly but so long as anyone breaking the limit says they wont do it again then all is forgiven
The "budget" can be distorted by donations or share issues if owners wish/want
The budget is just that a budget and does not mean it will be spent in full, indeed put out a team of new academy players and it would be hardly spent at all. It still relies on there being physical cash available and if self reliant then a club cash flow is the important figure
Which is pretty much what we already thought isn't it?
No...Noggin made a good point on that thinking too - although we aren't talking top notch players signing for us on a free. The ones we sign will happily play for a few quid a week. The ones we would pay relatively big money for would want much more - that's the point I was trying to make.Hang on are you suggesting that Bayern are paying Lewandowski less wages than Dortmand did?
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