Juggy on tonight.
I'd wager he's had a few friends ring in to set the agenda /direction of the programme.
Seriously though he bought up a cojent point.
Basically that our contribution to the Academy is £600 K.
That means overall budget is £1.2M.
That's quite hefty and at least 50 % of what the playing budget is.
What eats that amount up?
No, I don't think so. The FA have said it takes c£1m to run a cat 2 academy so they pay around half towards it.is the academy include in the 1st team playing budget ?
I imagine 90% goes direct yo Joy......
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c£1m lock stock and barrel for the academy - staff, accommodation, transport to games, medical staff, staff training, utilities, kit, etc, etcit wont be 50% of the 1st team budget. as £1.2 million will just be wages, wont include rent, police etc. Academy £600k will be lock stock and barrel I assume
It was a serious point.
Not suggesting any skullduggery.
That brings me to another point however.
Given that Ryton is an asset of Arvo, should they not be responsible for its upkeep rather than TM dipping into the player budget to keep it shipshape.
So more realistically 25% of the overall budget including U21's etc?c£1m lock stock and barrel for the academy - staff, accommodation, transport to games, medical staff, staff training, utilities, kit, etc, etc
Like you say the first team budget will be c£2-2.5m but that will just be wages.
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No idea. Not sure if you picked up the second bit of my post re: auditing and having to disclose what they spend it on/how match funding is spent?So more realistically 25% of the overall budget including U21's etc?
You'd have to assume the next one to achieve a fee would be RCC, not sure if he played any U18's though, possibly into U21's after being released by Arsenal.You can see why some teams have wound up their academies since the EPPP came in. How many first teamers do we get coming through a year? Lets be generous and say 5, that's £200K a go. The compensation scheme means if Sambou goes we get back about £100K, so taking into account the FA money we just about break even on him.
You can't rely on there being a Wilson or Maddison every year and I suspect we're going to see players being moved at 18 a lot more frequently.
You can't rely on there being a Wilson or Maddison every year and I suspect we're going to see players being moved at 18 a lot more frequently.
You'd have to assume the next one to achieve a fee would be RCC, not sure if he played any U18's though, possibly into U21's after being released by Arsenal.
No me neither CD, but a point I've made a few times.He's a great example. What was he, 19 or 20 when he came to us. Why pay for an academy to develop players when you can let someone else do it and pick up the cast offs.
As NW says you need a Wilson or Maddison every 4 years. That's great if you keep producing them and they stay long enough to reach a value but if players start leaving regularly at 18 and we're only getting the compensation payments is it worth it?
Just to be clear I'm not suggesting we should close the academy, but think SISU or future owners might consider it a few years down the line the way things are going.
Yes they would be responsible for that, but TM wanted to do some extra bits so that's wilhy he used some of this years first team budget on top of the normal maintenance that would come out the "admin/management" costs
Sorry Wingy, I could just see what was going to come. I imagine the club have to provide details of what they are spending that money on and his matched funding is being used for tbr academy otherwise the FA would withdraw the Cat 2 status. I really don't think there would be any skullduggery here
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Amazing to think that Man City's budget just for their age groups up to and including U9s is more than our entire academy budget.
funny, I was expecting you to say man citys kids budget was more than our "1st team budget"
He's a great example. What was he, 19 or 20 when he came to us. Why pay for an academy to develop players when you can let someone else do it and pick up the cast offs.
As NW says you need a Wilson or Maddison every 4 years. That's great if you keep producing them and they stay long enough to reach a value but if players start leaving regularly at 18 and we're only getting the compensation payments is it worth it?
Just to be clear I'm not suggesting we should close the academy, but think SISU or future owners might consider it a few years down the line the way things are going.
how is the financial plan affected by the PL/FL deal that means an agreed level of compensation rather than a sale of value. Academy players are being hoovered up by the big clubs and as with Bassala that means lost financial opportunities for the club
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