Non AMP
Sky Blues Talk
  • Home
  • Forums
  • Coventry City Football Club
  • Coventry City General Chat
This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

Loan Target (4 Viewers)

  • Thread starter edgy
  • Start date Mar 4, 2015
Forums New posts
Status
Not open for further replies.
Prev
  • 1
  • 2
  • 3
  • 4
Next
First Prev 2 of 4 Next Last

Grendel

Well-Known Member
  • Jul 25, 2015
  • #36
ccfcway said:
they must be spending that £30m budget that Grendal says they have
Click to expand...

They were relegated when parachute payments were increased to £60 million.
 

SkyBlue_Bear83

Well-Known Member
  • Jul 25, 2015
  • #37
ccfcway said:
they must be spending that £30m budget that Grendal says they have
Click to expand...

Well the Wigan chairman did claim they would 5 times the budget of anyone else in the league, if you take Sheffield United to be about 6 million...
 

ccfc92

Well-Known Member
  • Jul 25, 2015
  • #38
CCFC said:
Well the Wigan chairman did claim they would 5 times the budget of anyone else in the league, if you take Sheffield United to be about 6 million...
Click to expand...

Evidence?
 

SkyBlue_Bear83

Well-Known Member
  • Jul 25, 2015
  • #39
http://www.bookies.com/news/wigan-athletic-backed-to-smash-league-one-by-new-chairman.html

This is where he claims to have 5 times the budget of anyone else, I don't know what Sheffield United budget is though was just guessing at that.

And of course there is the likely possibility that he is over exaggerating to big up there chances for the upcoming season.
 

Grendel

Well-Known Member
  • Jul 25, 2015
  • #40
ccfc92 said:
Evidence?
Click to expand...

They have £17 million parachute payments they have sold £8 million worth of players. Players on long contracts are excluded from the calculation. They have the biggest budget the league has seen and will walk the league.
 

ccfcway

Well-Known Member
  • Jul 25, 2015
  • #41
this is where their CEO says it was over £20 million last season in the champion and they have to budget for relegation to League One.

http://www.wigantoday.net/sport/wigan-athletic/chief-executive-speaks-out-1-7082139
 

ccfcway

Well-Known Member
  • Jul 25, 2015
  • #42
Grendel said:
They have £17 million parachute payments they have sold £8 million worth of players. Players on long contracts are excluded from the calculation. They have the biggest budget the league has seen and will walk the league.
Click to expand...

so just the biggest budget and not the £30 million you quoted ?
 

ccfcway

Well-Known Member
  • Jul 25, 2015
  • #43
Grendel said:
They have the biggest budget the league has seen and will walk the league.
Click to expand...

I must say, the 7/1 on offer does seem very tempting
 

SkyBlue_Bear83

Well-Known Member
  • Jul 25, 2015
  • #44
ccfcway said:
so just the biggest budget and not the £30 million you quoted ?
Click to expand...

Its not completely without foundation though, the Wigan chairman claimed he would have 5 times the budget of anyone else in the league. In reality I'm guessing it will be about 15 million.
 

SlowerThanPlatt

Well-Known Member
  • Jul 25, 2015
  • #45
Wigan to walk this league.

We'll see, they probably should with their budget, but they've got an inexperienced manger and don't have the support of Wolves. Add to that players on 20-30k a week playing at small stadiums on shit pitches, I doubt they'll be up for that.
 

ccfcway

Well-Known Member
  • Jul 25, 2015
  • #46
CCFC said:
Its not completely without foundation though, the Wigan chairman claimed he would have 5 times the budget of anyone else in the league. In reality I'm guessing it will be about 15 million.
Click to expand...

don't doubt at all they have a big budget.

Having said that, we had the 8th biggest last year. How did we get on ?
 

Grendel

Well-Known Member
  • Jul 25, 2015
  • #47
ccfcway said:
so just the biggest budget and not the £30 million you quoted ?
Click to expand...

Given the facts I have just quoted it will be in that area. I think what you are confusing is what they will elect to spend. However, the calculation has to be well in excess of £20 million and that excludes any future player sales,

Parachute payments alone are 8 times the average budget in the league.
 

ccfc92

Well-Known Member
  • Jul 25, 2015
  • #48
Grendel said:
Given the facts I have just quoted it will be in that area. I think what you are confusing is what they will elect to spend. However, the calculation has to be well in excess of £20 million and that excludes any future player sales,

Parachute payments alone are 8 times the average budget in the league.
Click to expand...


Sources for these facts please!
 

ccfcway

Well-Known Member
  • Jul 25, 2015
  • #49
Grendel said:
Given the facts I have just quoted it will be in that area. I think what you are confusing is what they will elect to spend. .
Click to expand...

both me and their CEO then....

"There’s different rules in League One, which apply to salary costs. There is a cap on salaries, and we must ensure we adhere to that if the worst does happen."
 

SlowerThanPlatt

Well-Known Member
  • Jul 25, 2015
  • #50
Why do clubs get parachute payments? Why do they get rewarded for failure?
 

ccfc92

Well-Known Member
  • Jul 25, 2015
  • #51
SlowerThanPlatt said:
Why do clubs get parachute payments? Why do they get rewarded for failure?
Click to expand...

I agree, but I believe it's to help with wage cuts IIRC.
 

oakey

Well-Known Member
  • Jul 25, 2015
  • #52
Parachute payments are due to football in this country being a corrupt cartel.
 

chiefdave

Well-Known Member
  • Jul 25, 2015
  • #53
ccfc92 said:
I agree, but I believe it's to help with wage cuts IIRC.
Click to expand...

Think they should stop. All you have to do is make sure everyone's contract is tiered so they get different pay in different divisions and they're no longer needed.

They're getting bigger and bigger, just makes things uncompetitive.
 

ccfcway

Well-Known Member
  • Jul 25, 2015
  • #54
ccfc92 said:
I agree, but I believe it's to help with wage cuts IIRC.
Click to expand...

there should be a rule in place which only covers a % wages of players registered in the Jan when they were a Prem club up to a certain amount.

In reality, parachute payments are used to buy more players to try and get back to them prem. RThe system isn't right.
 

Grendel

Well-Known Member
  • Jul 25, 2015
  • #55
ccfcway said:
both me and their CEO then....

"There’s different rules in League One, which apply to salary costs. There is a cap on salaries, and we must ensure we adhere to that if the worst does happen."
Click to expand...

The cap is not on salaries but I'm actual spend. Their is dispensation which allows clubs to exclude players wages on long contracts from the calculation.
 

ccfc92

Well-Known Member
  • Jul 25, 2015
  • #56
Grendel said:
Given the facts I have just quoted it will be in that area. I think what you are confusing is what they will elect to spend. However, the calculation has to be well in excess of £20 million and that excludes any future player sales,

Parachute payments alone are 8 times the average budget in the league.
Click to expand...


You said they have a budget of £30 million.

You didn't clarify spending this or a % of this.
 

Grendel

Well-Known Member
  • Jul 25, 2015
  • #57
ccfc92 said:
You said they have a budget of £30 million.

You didn't clarify spending this or a % of this.
Click to expand...

All clubs will surely submit the maximum budget they can regardless of if they have any intention of spending it.

I can't even be bothered to check when they got relegated but i am pretty sure it was at a time which gave them the £60 million payments over 4 years. Also they've an exclusion on contracts and have revenue from players sales worth almost £10 million. That's without revenue from gates sponsorship corporate etc.
 

ccfc92

Well-Known Member
  • Jul 25, 2015
  • #58
Grendel said:
All clubs will surely submit the maximum budget they can regardless of if they have any intention of spending it.

I can't even be bothered to check when they got relegated but i am pretty sure it was at a time which gave them the £60 million payments over 4 years. Also they've an exclusion on contracts and have revenue from players sales worth almost £10 million. That's without revenue from gates sponsorship corporate etc.
Click to expand...

What do you think will happen if they fail to get promoted this season?
 

hill83

Well-Known Member
  • Jul 25, 2015
  • #59
ccfc92 said:
What do you think will happen if they fail to get promoted this season?
Click to expand...

They'll either stay in League One or if they finish in the bottom 4 they'll be relegated to League Two.
 

SlowerThanPlatt

Well-Known Member
  • Jul 25, 2015
  • #60
hill83 said:
They'll either stay in League One or if they finish in the bottom 4 they'll be relegated to League Two.
Click to expand...

 

Grendel

Well-Known Member
  • Jul 25, 2015
  • #61
ccfc92 said:
What do you think will happen if they fail to get promoted this season?
Click to expand...

They still have another year of parachute payments don't they?

I don't know the exact budget but it's a lot more than£10 million. Last year they actually raised £13 million for selling two players.

They will just restructure if they fail. Can't see it - they've signed someone for £1 million already haven't they?
 

SlowerThanPlatt

Well-Known Member
  • Jul 25, 2015
  • #62
Grendel said:
They still have another year of parachute payments don't they?

I don't know the exact budget but it's a lot more than£10 million. Last year they actually raised £13 million for selling two players.

They will just restructure if they fail. Can't see it - they've signed someone for £1 million already haven't they?
Click to expand...
Yes Will Grigg from Brentford who scored a lot of goals for MK Dons last year
 

Grendel

Well-Known Member
  • Jul 25, 2015
  • #63
SlowerThanPlatt said:
Yes Will Grigg from Brentford who scored a lot of goals for MK Dons last year
Click to expand...

So with his wages that one player will be almost our entire budget.
 

ccfcway

Well-Known Member
  • Jul 25, 2015
  • #64
Grendel said:
I don't know the exact budget but it's a lot more than£10 million.
Click to expand...

about the closest you have ever been to admitting you got something wrong
 

Grendel

Well-Known Member
  • Jul 25, 2015
  • #65
ccfcway said:
about the closest you have ever been to admitting you got something wrong
Click to expand...

I don't think I am - you said a lot less than £10 million didn't you?
 

ccfcway

Well-Known Member
  • Jul 25, 2015
  • #66
Grendel said:
I don't think I am - you said a lot less than £10 million didn't you?
Click to expand...

no I didn't.
 

ccfc92

Well-Known Member
  • Jul 25, 2015
  • #67
hill83 said:
They'll either stay in League One or if they finish in the bottom 4 they'll be relegated to League Two.
Click to expand...

:claping hands:
 

ccfc92

Well-Known Member
  • Jul 25, 2015
  • #68
Grendel said:
They still have another year of parachute payments don't they?

I don't know the exact budget but it's a lot more than£10 million. Last year they actually raised £13 million for selling two players.

They will just restructure if they fail. Can't see it - they've signed someone for £1 million already haven't they?
Click to expand...

What do you mean by this?
 

Grendel

Well-Known Member
  • Jul 25, 2015
  • #69
ccfc92 said:
What do you mean by this?
Click to expand...

I mean they've signed someone for £1 million
 

Grendel

Well-Known Member
  • Jul 25, 2015
  • #70
ccfcway said:
no I didn't.
Click to expand...

Ah I see what you said now. You quoted knowledge of the budget in the championship - out of interest do you have a link (i am surprised ccfc92 hasn't asked as he's a stickler for financial accuracy) given that clubs are measured on FFP in the championship and don't submit wage budgets.
 
Prev
  • 1
  • 2
  • 3
  • 4
Next
First Prev 2 of 4 Next Last
Status
Not open for further replies.

Users who are viewing this thread

Total: 5 (members: 0, guests: 5)
Share:
Facebook Twitter Reddit Pinterest Tumblr WhatsApp Email
  • Home
  • Forums
  • Coventry City Football Club
  • Coventry City General Chat
  • Default Style
  • Contact us
  • Terms and rules
  • Privacy policy
  • Help
  • Home
Community platform by XenForo® © 2010-2021 XenForo Ltd.
Menu
Log in

Register

  • Home
  • Forums
    • New posts
    • Search forums
  • What's new
    • New posts
    • Latest activity
  • Members
    • Current visitors
  • Donate to the Season Ticket Fund
X

Privacy & Transparency

We use cookies and similar technologies for the following purposes:

  • Personalized ads and content
  • Content measurement and audience insights

Do you accept cookies and these technologies?

X

Privacy & Transparency

We use cookies and similar technologies for the following purposes:

  • Personalized ads and content
  • Content measurement and audience insights

Do you accept cookies and these technologies?