TommyK Posted 16 July Share Posted 16 July 8 hours ago, BlackFox said: So we're after both O'riley and Soule? O'Riley feels like a KDH replacement. Soule feels like a gap we have in the squad for an number 10 2 Link to comment Share on other sites More sharing options...
fox_favourite Posted 16 July Share Posted 16 July 2 minutes ago, TommyK said: O'Riley feels like a KDH replacement. Soule feels like a gap we have in the squad for an number 10 Finances say we can't get both Link to comment Share on other sites More sharing options...
MGLCFC Posted 16 July Share Posted 16 July 9 minutes ago, fox_favourite said: Finances say we can't get both What are our finances? Signing both over 5 years, would probably only amount to around £10m to £12m per year. I'm sure there is money to spend, it's just about being a little creative in how we do it. 2 Link to comment Share on other sites More sharing options...
Grebfromgrebland Posted 16 July Share Posted 16 July 11 minutes ago, fox_favourite said: Finances say we can't get both We might not get either 1 Link to comment Share on other sites More sharing options...
ClaphamFox Posted 16 July Share Posted 16 July 2 minutes ago, MGLCFC said: What are our finances? Signing both over 5 years, would probably only amount to around £10m to £12m per year. I'm sure there is money to spend, it's just about being a little creative in how we do it. I think a lot of people just look at the headline signing fees and assume we can't afford them without considering how the cost might be spread. Avoiding a PSR breach is more about wage bill management than transfer fees. And I suspect the sponsorship deal with BC Game has swelled our transfer budget considerably. 3 Link to comment Share on other sites More sharing options...
TommyK Posted 16 July Share Posted 16 July 31 minutes ago, fox_favourite said: Finances say we can't get both How do you know? Over the last two summers our wage bill must have halved. We've had a lot of deadwood leave and money come in from transfers. Link to comment Share on other sites More sharing options...
Nolucklcfc Posted 16 July Share Posted 16 July We’ve wanted this guy for years Link to comment Share on other sites More sharing options...
fox_favourite Posted 16 July Share Posted 16 July 2 hours ago, TommyK said: How do you know? Over the last two summers our wage bill must have halved. We've had a lot of deadwood leave and money come in from transfers. I know and see everything....I know what you did last week...shame on you Link to comment Share on other sites More sharing options...
Long Eaton Fox Posted 16 July Share Posted 16 July 2 hours ago, TommyK said: How do you know? Over the last two summers our wage bill must have halved. We've had a lot of deadwood leave and money come in from transfers. As it stands I think the wage bill has reduced by £170,000 per week with departures and increased by £80,000 per week with the return of Soumare and Kristianson. Saving £90,000 per week overall which is £4.5m per year. Link to comment Share on other sites More sharing options...
DJ Barry Hammond Posted 16 July Share Posted 16 July 5 hours ago, fox_favourite said: Finances say we can't get both Not necessarily - we can and probably will be banking on another largish sale before the end of June next year. Link to comment Share on other sites More sharing options...
davieG Posted 16 July Share Posted 16 July Re finances I'm sure they know what they're doing. Oh wait!!! Link to comment Share on other sites More sharing options...
Babylon Posted 16 July Share Posted 16 July 1 minute ago, davieG said: Re finances I'm sure they know what they're doing. Oh wait!!! 3 Link to comment Share on other sites More sharing options...
Fox85 Posted 16 July Share Posted 16 July 6 hours ago, fox_favourite said: Finances say we can't get both Our finances are perfectly fine and much better than most clubs. The PSR was casuing us issues however the 3 year period as ended now so we can spend again. Finances are great Link to comment Share on other sites More sharing options...
Finnegan Posted 16 July Share Posted 16 July 2 minutes ago, Fox85 said: the 3 year period as ended now so we can spend again. They're rolling 3 year periods, not fixed ones, so they never truly "end", one year just drops off. The year we got relegated and took massive financial losses (the year we're being deducted points for) still very much "counts." However, our amortisation and our wage bill have both reduced significantly, we've got a large amount of prize money for promotion, we sold Barnes, Madders and KDH and just made up a new company to be "sponsored" a silly amount of money by. So, yknow. Yes we can probably get ourselves back in to an amortisation hole with a few new £25 players but lets not act like we've got fat stacks to burn either. 2 1 Link to comment Share on other sites More sharing options...
FoxinNotts Posted 16 July Share Posted 16 July 3 minutes ago, Fox85 said: Our finances are perfectly fine and much better than most clubs. The PSR was casuing us issues however the 3 year period as ended now so we can spend again. Finances are great You are right in one sense, but the 'three year period' is rolling unfortunately. So although we now look and hope to be clear of any 23/24 sanctions with the settlements for Enzo and his team and KDH, we still have a tight budget for this season. Link to comment Share on other sites More sharing options...
StanSP Posted 16 July Share Posted 16 July 1 minute ago, Finnegan said: Yes we can probably get ourselves back in to an amortisation hole with a few new £25 players If this is Rudkin's strategy now, amortisation of £5 per year on 5 year contracts, I'm down for it. Cheap as chips. 2 Link to comment Share on other sites More sharing options...
Gloria Posted 16 July Share Posted 16 July I'm not sure any business that loses the amount of money we do could say their "finances are great"?! Link to comment Share on other sites More sharing options...
James_lcfc Posted 16 July Share Posted 16 July I guess selling Kasey for £10m now would cover the first year amortisation of both Soule and O'Riley. Worry about the next instalments later. Link to comment Share on other sites More sharing options...
Finnegan Posted 16 July Share Posted 16 July 1 minute ago, StanSP said: If this is Rudkin's strategy now, amortisation of £5 per year on 5 year contracts, I'm down for it. Cheap as chips. The £25 player: 1 Link to comment Share on other sites More sharing options...
Finnegan Posted 16 July Share Posted 16 July Actually probably shouldn't tell jokes, apparently he's a qualified solicitor these days. Don't want to get @Mark in trouble. Link to comment Share on other sites More sharing options...
gurru991 Posted 16 July Share Posted 16 July 6 hours ago, fox_favourite said: Finances say we can't get both We probably can get both assuming that we are going to sell more players before the window closes. Link to comment Share on other sites More sharing options...
UniFox21 Posted 16 July Share Posted 16 July 14 minutes ago, Finnegan said: Actually probably shouldn't tell jokes, apparently he's a qualified solicitor these days. Don't want to get @Mark in trouble. He'd still manage to miss any obvious chance to have you for slander 1 Link to comment Share on other sites More sharing options...
justfoxes Posted 17 July Share Posted 17 July On 16/07/2024 at 08:46, fox_favourite said: Finances say we can't get both On 16/07/2024 at 08:58, Grebfromgrebland said: We might not get either 19 hours ago, davieG said: Re finances I'm sure they know what they're doing. Oh wait!!! Link to comment Share on other sites More sharing options...
Lambert09 Posted 17 July Share Posted 17 July (edited) On 16/07/2024 at 03:46, fox_favourite said: Finances say we can't get both one thing that’s escaped a lot of people on here is that the main reason we couldn’t comply was wages… last year was an anomaly because we didn’t have premier league income but on paper for this season … we now no longer have the huge wages of. perez, youri, kasper, madison vardy (reduced), evans, fofana and most importantly… brendan This was a large part of our problem, the current incoming probably take up just youris wage combined. So assuming the incoming players aren’t demanding 100k (reported soule is after 40k) then we should be far better off than people expect. Edited 17 July by Lambert09 1 Link to comment Share on other sites More sharing options...
MGLCFC Posted 17 July Share Posted 17 July (edited) 9 minutes ago, Lambert09 said: we now no longer have the huge wages of. perez, youri, kasper, madison vardy (reduced), evans, fofana You could add to that Praet, Nacho, Albrighton plus the loaned players who have returned to parent clubs (Akgun, Casadei, Doyle). There is a huge salary saving over the last 2 years. If we can offload Soumare and maybe Faes and or Daka, that must, in total, equate to over £300000 a week in savings. I appreciate the club will have to accommodate new players, but still the net gain should be huge. Edited 17 July by MGLCFC 2 Link to comment Share on other sites More sharing options...
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