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Post by hardcastle on Dec 13, 2021 12:23:08 GMT
Last summer MON managed to move on a fair bit of our excess blubber from the playing squad. He'll have another chance to do so next summer with so many players coming to the end of their current contracts.
But where does this now leave us on the FFP front? Does anyone know? Do the club know? Are we able to spend a few million in the January window or aren't we? I wonder if the club is able to present its accounts to the EFL (if they're the relevant body) and say 'these have us projected to lose (say) six million in the 2021-22 financial year, we know that we're allowed to lose no more than £X million, so may we have your blessing to go out and spend £Y million next month to fund our push for promotion'?
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Post by scfc75 on Dec 13, 2021 12:29:07 GMT
Last summer MON managed to move on a fair bit of our excess blubber from the playing squad. He'll have another chance to do so next summer with so many players coming to the end of their current contracts. But where does this now leave us on the FFP front? Does anyone know? Do the club know? Are we able to spend a few million in the January window or aren't we? I wonder if the club is able to present its accounts to the EFL (if they're the relevant body) and say 'these have us projected to lose (say) six million in the 2021-22 financial year, we know that we're allowed to lose no more than £X million, so may we have your blessing to go out and spend £Y million next month to fund our push for promotion'? The club will know exactly where they stand. They also won’t need to go and ask for the EFL’s blessing, they’ll have financial and legal experts employed that know exactly what can be spent in what timeframe, to stay the right side of the regs.
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Post by Deleted on Dec 13, 2021 12:38:29 GMT
Last summer MON managed to move on a fair bit of our excess blubber from the playing squad. He'll have another chance to do so next summer with so many players coming to the end of their current contracts. But where does this now leave us on the FFP front? Does anyone know? Do the club know? Are we able to spend a few million in the January window or aren't we? I wonder if the club is able to present its accounts to the EFL (if they're the relevant body) and say 'these have us projected to lose (say) six million in the 2021-22 financial year, we know that we're allowed to lose no more than £X million, so may we have your blessing to go out and spend £Y million next month to fund our push for promotion'? The club will know exactly where they stand. They also won’t need to go and ask for the EFL’s blessing, they’ll have financial and legal experts employed that know exactly what can be spent in what timeframe, to stay the right side of the regs. Absolutely. No one on here has a clue and as you say the club will have things under control. No need for speculation etc
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Post by potterburt on Dec 13, 2021 12:40:37 GMT
Last summer MON managed to move on a fair bit of our excess blubber from the playing squad. He'll have another chance to do so next summer with so many players coming to the end of their current contracts. But where does this now leave us on the FFP front? Does anyone know? Do the club know? Are we able to spend a few million in the January window or aren't we? I wonder if the club is able to present its accounts to the EFL (if they're the relevant body) and say 'these have us projected to lose (say) six million in the 2021-22 financial year, we know that we're allowed to lose no more than £X million, so may we have your blessing to go out and spend £Y million next month to fund our push for promotion'? When we do produce our accounts - there will be something in there which should make the financials look a bit rosier for the sake of ffp. Not sure if this would come into effect for January but apparently it’s a financial bumpf that should steer us on track for a return to the prem within the next few seasons.
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Post by leesandfordstoupe on Dec 13, 2021 12:51:24 GMT
Last summer MON managed to move on a fair bit of our excess blubber from the playing squad. He'll have another chance to do so next summer with so many players coming to the end of their current contracts. But where does this now leave us on the FFP front? Does anyone know? Do the club know? Are we able to spend a few million in the January window or aren't we? I wonder if the club is able to present its accounts to the EFL (if they're the relevant body) and say 'these have us projected to lose (say) six million in the 2021-22 financial year, we know that we're allowed to lose no more than £X million, so may we have your blessing to go out and spend £Y million next month to fund our push for promotion'? When we do produce our accounts - there will be something in there which should make the financials look a bit rosier for the sake of ffp. Not sure if this would come into effect for January but apparently it’s a financial bumpf that should steer us on track for a return to the prem within the next few seasons. We need more than financial help to see us return to the Prem without a huge dose of luck.
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Post by potterburt on Dec 13, 2021 12:59:25 GMT
When we do produce our accounts - there will be something in there which should make the financials look a bit rosier for the sake of ffp. Not sure if this would come into effect for January but apparently it’s a financial bumpf that should steer us on track for a return to the prem within the next few seasons. We need more than financial help to see us return to the Prem without a huge dose of luck. No one gets promoted due to a dose of luck. We have a good manager and players with an ethic that look like they’re getting the idea of what’s involved. Something has already happened within the club (just not made public yet) which means we’ll have a financial package that should assist us in being able to bring in further personnel who can bolster/improve and take the next step on the pitch. Think it’s evident to all fans and safe to say we currently have a playoff worthy team atm - any better player additions will help push us into being disappointed if we miss out on Auto promotion, it won’t be luck that does that.
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Post by theonlooker on Dec 13, 2021 13:52:15 GMT
Last summer MON managed to move on a fair bit of our excess blubber from the playing squad. He'll have another chance to do so next summer with so many players coming to the end of their current contracts. But where does this now leave us on the FFP front? Does anyone know? Do the club know? Are we able to spend a few million in the January window or aren't we? I wonder if the club is able to present its accounts to the EFL (if they're the relevant body) and say 'these have us projected to lose (say) six million in the 2021-22 financial year, we know that we're allowed to lose no more than £X million, so may we have your blessing to go out and spend £Y million next month to fund our push for promotion'? When we do produce our accounts - there will be something in there which should make the financials look a bit rosier for the sake of ffp. Not sure if this would come into effect for January but apparently it’s a financial bumpf that should steer us on track for a return to the prem within the next few seasons. Something to do with the training ground and/or stadium? Are we killing two birds with one stone re. Sports Betting sponsorship? Are we linking up with the Denise Coates Foundation?
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Post by potterburt on Dec 13, 2021 14:41:14 GMT
When we do produce our accounts - there will be something in there which should make the financials look a bit rosier for the sake of ffp. Not sure if this would come into effect for January but apparently it’s a financial bumpf that should steer us on track for a return to the prem within the next few seasons. Something to do with the training ground and/or stadium? Are we killing two birds with one stone re. Sports Betting sponsorship? Are we linking up with the Denise Coates Foundation? There’s a correct answer within there.
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Post by theonlooker on Dec 13, 2021 14:44:41 GMT
Something to do with the training ground and/or stadium? Are we killing two birds with one stone re. Sports Betting sponsorship? Are we linking up with the Denise Coates Foundation? There’s a correct answer within there. It made me wonder and I assume it's linked to the shifting around of Richard Smith too?
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Post by potterburt on Dec 13, 2021 15:07:13 GMT
There’s a correct answer within there. It made me wonder and I assume it's linked to the shifting around of Richard Smith too? 🤷🏻♂️ I’m not savvy to deets but you seem to be justifying your oaty name’s handle, 👀 as a result - Ive only just seen his job title from googling.
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Post by etebojan on Dec 13, 2021 15:12:56 GMT
There’s a correct answer within there. It made me wonder and I assume it's linked to the shifting around of Richard Smith too? Sounds very intriguing and apologies for my colossal ignorance but who is Richard Smith, do we think this 'thing' will be announced around the same time as Scholes replacement?
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Post by lordb on Dec 13, 2021 15:20:26 GMT
It made me wonder and I assume it's linked to the shifting around of Richard Smith too? Sounds very intriguing and apologies for my colossal ignorance but who is Richard Smith, do we think this 'thing' will be announced around the same time as Scholes replacement? Denise's husband & club director think I'm right in saying he was responsible for the new corner & did a good job of organising it apparently
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Post by flea79 on Dec 13, 2021 16:05:25 GMT
Sounds very intriguing and apologies for my colossal ignorance but who is Richard Smith, do we think this 'thing' will be announced around the same time as Scholes replacement? Denise's husband & club director think I'm right in saying he was responsible for the new corner & did a good job of organising it apparently yeah hes vice chair and managing director, he previously was head of facilities etc a thoroughly nice man and actually good at his job, and a huge stoke fan as well
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Post by jezzascfc on Dec 13, 2021 16:28:13 GMT
FFP is always a factor - I would be surprised if we spent much, if anything, in January (1m-1.5m?), which is hugely disappointing given we could push on to at least a play-off place.
However, we can't really go for it without a care, break the rules and hope we go up, as we've seen how keen the League are to punish clubs and we don't want the Wigan/Sheff Wed/Derby mess here, do we?
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Post by lordb on Dec 13, 2021 17:02:09 GMT
FFP is always a factor - I would be surprised if we spent much, if anything, in January (1m-1.5m?), which is hugely disappointing given we could push on to at least a play-off place. However, we can't really go for it without a care, break the rules and hope we go up, as we've seen how keen the League are to punish clubs and we don't want the Wigan/Sheff Wed/Derby mess here, do we? defiantly not Bournemouth have stuttered lately & are still comfortable in second, any r e turn to form & they look uncatchable I think it's clear that every one other than Fulham & Bournemouth can forget auto promotion barring a Devon Loch type collapse so given we are sixth it's also clear that a play off spot is more than capable with the players we have a signing this window , a loan or two sure go for it , breaking the bank & risking FP damage absolutely no way
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Post by gingerninja on Dec 13, 2021 17:15:34 GMT
Am I right in thinking, there is some reorganisation at the top end of the club post Scholes leaving?.
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Post by blackpoolred on Dec 13, 2021 22:01:06 GMT
Last summer MON managed to move on a fair bit of our excess blubber from the playing squad. He'll have another chance to do so next summer with so many players coming to the end of their current contracts. But where does this now leave us on the FFP front? Does anyone know? Do the club know? Are we able to spend a few million in the January window or aren't we? I wonder if the club is able to present its accounts to the EFL (if they're the relevant body) and say 'these have us projected to lose (say) six million in the 2021-22 financial year, we know that we're allowed to lose no more than £X million, so may we have your blessing to go out and spend £Y million next month to fund our push for promotion'? I think we are allowed to make a loss of around 40 million over a rolling 3 year period if you have rich owners, less than that if you do not - I might be a mile off there. We got rid of 18 players pre-season and some high earners, but with no crowds, due to COVID(not sure if this was taken into consideration) where are we? Wage bill must be around £60mil to £80mil over those 3 years, plus other expenses. What are our Incomings - anybody know???: Gate Receipts & conferencing - £8 mil a year Sponsorhip - £8 mill a year ?? Television - £8 mill a year ?? Merch - £5 mill a year Total of around £30 mill a year - down due to COVID - that would just about cover the wage bill. Also not sure how much we can fiddle the books - as in writing the existing debt off to the parent company. We do have clever owners when it comes to the money side of things, so hopefully, we can start spending a bit come January. Not sure this helps any - and I am sure we have some financial people on here who are up on FFP who can fill in the blanks better than I can?
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Post by bayernoatcake on Dec 13, 2021 22:30:17 GMT
Denise's husband & club director think I'm right in saying he was responsible for the new corner & did a good job of organising it apparently yeah hes vice chair and managing director, he previously was head of facilities etc a thoroughly nice man and actually good at his job, and a huge stoke fan as well And I’ll jump on the bandwagon. Met him a few times and was absolutely lovely. Would be great if he’s more involved.
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Post by flea79 on Dec 13, 2021 22:43:06 GMT
yeah hes vice chair and managing director, he previously was head of facilities etc a thoroughly nice man and actually good at his job, and a huge stoke fan as well And I’ll jump on the bandwagon. Met him a few times and was absolutely lovely. Would be great if he’s more involved. Denise is busy running 365 group and let’s the boys get on with running the club, it really is the family train set
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Post by Deleted on Dec 13, 2021 22:53:34 GMT
FFP is always a factor - I would be surprised if we spent much, if anything, in January (1m-1.5m?), which is hugely disappointing given we could push on to at least a play-off place. However, we can't really go for it without a care, break the rules and hope we go up, as we've seen how keen the League are to punish clubs and we don't want the Wigan/Sheff Wed/Derby mess here, do we? defiantly not Bournemouth have stuttered lately & are still comfortable in second, any r e turn to form & they look uncatchable I think it's clear that every one other than Fulham & Bournemouth can forget auto promotion barring a Devon Loch type collapse so given we are sixth it's also clear that a play off spot is more than capable with the players we have a signing this window , a loan or two sure go for it , breaking the bank & risking FP damage absolutely no way Not so sure MrB. With 3 games a week and plenty of games to go I would say Bournemouth in particular are far from guaranteed automatic. Starting to crack a bit as you said. More often than not is a side that puts a tidy run together and comes up on the outside late on.
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Post by upthefud on Dec 14, 2021 1:14:09 GMT
When we do produce our accounts - there will be something in there which should make the financials look a bit rosier for the sake of ffp. Not sure if this would come into effect for January but apparently it’s a financial bumpf that should steer us on track for a return to the prem within the next few seasons. We need more than financial help to see us return to the Prem without a huge dose of luck. Why will we? Good manager, good young squad, academy producing good players. I think our futures bright
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Post by tejstokie on Dec 14, 2021 2:33:49 GMT
We need more than financial help to see us return to the Prem without a huge dose of luck. No one gets promoted due to a dose of luck. We have a good manager and players with an ethic that look like they’re getting the idea of what’s involved. Something has already happened within the club (just not made public yet) which means we’ll have a financial package that should assist us in being able to bring in further personnel who can bolster/improve and take the next step on the pitch. Think it’s evident to all fans and safe to say we currently have a playoff worthy team atm - any better player additions will help push us into being disappointed if we miss out on Auto promotion, it won’t be luck that does that. Have they found some Saxon or Viking gold under the boothen? Maybe we can finally pay off some of these shit transfers and wages we've been stuck with.
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Post by lordb on Dec 14, 2021 8:03:01 GMT
defiantly not Bournemouth have stuttered lately & are still comfortable in second, any r e turn to form & they look uncatchable I think it's clear that every one other than Fulham & Bournemouth can forget auto promotion barring a Devon Loch type collapse so given we are sixth it's also clear that a play off spot is more than capable with the players we have a signing this window , a loan or two sure go for it , breaking the bank & risking FP damage absolutely no way Not so sure MrB. With 3 games a week and plenty of games to go I would say Bournemouth in particular are far from guaranteed automatic. Starting to crack a bit as you said. More often than not is a side that puts a tidy run together and comes up on the outside late on. Could be Just thought that their form has dropped right off but still have a points cushion Just don't see this window being one for any of the chasing pack to splash out chasing second spot
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Post by lordb on Dec 14, 2021 8:03:56 GMT
No one gets promoted due to a dose of luck. We have a good manager and players with an ethic that look like they’re getting the idea of what’s involved. Something has already happened within the club (just not made public yet) which means we’ll have a financial package that should assist us in being able to bring in further personnel who can bolster/improve and take the next step on the pitch. Think it’s evident to all fans and safe to say we currently have a playoff worthy team atm - any better player additions will help push us into being disappointed if we miss out on Auto promotion, it won’t be luck that does that. Have they found some Saxon or Viking gold under the boothen? Maybe we can finally pay off some of these shit transfers and wages we've been stuck with. We already have paid most of them off Afobe and Ince to go in the summer when their contracts are up
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Post by potterburt on Dec 14, 2021 8:05:47 GMT
No one gets promoted due to a dose of luck. We have a good manager and players with an ethic that look like they’re getting the idea of what’s involved. Something has already happened within the club (just not made public yet) which means we’ll have a financial package that should assist us in being able to bring in further personnel who can bolster/improve and take the next step on the pitch. Think it’s evident to all fans and safe to say we currently have a playoff worthy team atm - any better player additions will help push us into being disappointed if we miss out on Auto promotion, it won’t be luck that does that. Have they found some Saxon or Viking gold under the boothen? Maybe we can finally pay off some of these shit transfers and wages we've been stuck with. Yep, Peter and Denise are avid Detectorists in their spare time. ‘Finally pay off shit transfers’??? - where the hell you been for the past year?? - MoN has already done that! We now have a young hungry Championship quality squad.
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Post by Laughing Gravy on Dec 14, 2021 8:15:36 GMT
yeah hes vice chair and managing director, he previously was head of facilities etc a thoroughly nice man and actually good at his job, and a huge stoke fan as well And I’ll jump on the bandwagon. Met him a few times and was absolutely lovely. Would be great if he’s more involved. Yeah I can confirm that. I know someone who knows him says the same. Yeah I know friend of a friend etc. But the most important thing that I can see is that he is a far more important player than either Peter or John because he is a direct link to Denise. His involvement with the club and the fact that he’s a fan keeps Denise (who let’s face it is the money) tied to the club even if Peter should shuffle off in the near future. But let’s hope that doesn’t happen too soon. Plus by all accounts Richard has got a bit more about him than John. Not that I know either.
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Post by chumley on Dec 14, 2021 9:10:54 GMT
Think this subject has been flogged to death, at the end of the day we can all say what we think but only the club know what the situation is like, maybe a question when a Meet the board meeting is held ?
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Post by bayernoatcake on Dec 14, 2021 9:13:26 GMT
Think this subject has been flogged to death, at the end of the day we can all say what we think but only the club know what the situation is like, maybe a question when a Meet the board meeting is held ? True but from the last one we can ascertain that they think its fine from what they said. We then spent money in the transfer window, which wasn't expected. Unless they don't give a fuck about it then I can't see any indicators that FFP is even close to being an issue for us.
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Post by thebet365 on Dec 14, 2021 9:51:30 GMT
Think this subject has been flogged to death, at the end of the day we can all say what we think but only the club know what the situation is like, maybe a question when a Meet the board meeting is held ? True but from the last one we can ascertain that they think its fine from what they said. We then spent money in the transfer window, which wasn't expected. Unless they don't give a fuck about it then I can't see any indicators that FFP is even close to being an issue for us. Yes it looks like covid exemptions have played a blinder for us. Still with the end of Parachute payments and a chunky wage bill I doubt we have much of a dong to swing around.
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Post by theonlooker on Dec 14, 2021 9:57:21 GMT
Speaking of the COVID exemptions, have they been rubber stamped by the EFL or are they yet to be scrutinised? I read somewhere that they are due to be looked at any time now?
Have we got away with it or are we expecting trouble further down the road?
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