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Post by prestwichpotter on Jan 8, 2024 10:37:59 GMT
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Post by Laughing Gravy on Jan 8, 2024 10:41:06 GMT
It might be ‘down considerably’ But does anyone know if £12m is good bad or indifferent and how it affects us going forward? |
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Post by prestwichpotter on Jan 8, 2024 10:49:22 GMT
It might be ‘down considerably’ But does anyone know if £12m is good bad or indifferent and how it affects us going forward? If you were to replicate that over the next two years a £36m loss would see us sat just below the FFP threshold of a maximum £39 loss over 3 years (unless the rules have changed i which case ignore me)............ |
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Post by thornestein on Jan 8, 2024 10:53:47 GMT
and there’s some on here asking where the Souttar money is 🤦♂️ |
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Post by spiderpuss on Jan 8, 2024 10:55:51 GMT
It might be ‘down considerably’ But does anyone know if £12m is good bad or indifferent and how it affects us going forward? If you were to replicate that over the next two years a £36m loss would see us sat just below the FFP threshold of a maximum £39 loss over 3 years (unless the rules have changed i which case ignore me)............ About time this figure was adjusted for inflation, it's been this amount for ages. |
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Post by Laughing Gravy on Jan 8, 2024 10:55:59 GMT
It might be ‘down considerably’ But does anyone know if £12m is good bad or indifferent and how it affects us going forward? If you were to replicate that over the next two years a £36m loss would see us sat just below the FFP threshold of a maximum £39 loss over 3 years (unless the rules have changed i which case ignore me)............ I’ve no bloody idea how it works mate🤣🤣🤣🤣 I always thought it was a rolling 3 year period so that the fourth year past always dropped out of the reckoning. But things I’ve heard over the last few months tend to suggest it’s a fixed 3 year period with a start and end. 🤷♂️ Who knows? As long as it’s one thing the family are on top of ( which in fairness they seem to be) I rather not mither about it. 😉 |
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Post by theonlooker on Jan 8, 2024 11:01:22 GMT
Keyboards alight in the Bristol area...
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Post by Laughing Gravy on Jan 8, 2024 11:02:00 GMT
Keyboards alight in the Bristol area... 🤣🤣🤣 Yes he’ll be coming in peace as we speak. |
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Post by prestwichpotter on Jan 8, 2024 11:05:58 GMT
If you were to replicate that over the next two years a £36m loss would see us sat just below the FFP threshold of a maximum £39 loss over 3 years (unless the rules have changed i which case ignore me)............ I’ve no bloody idea how it works mate🤣🤣🤣🤣 I always thought it was a rolling 3 year period so that the fourth year past always dropped out of the reckoning. But things I’ve heard over the last few months tend to suggest it’s a fixed 3 year period with a start and end. 🤷♂️ Who knows? As long as it’s one thing the family are on top of ( which in fairness they seem to be) I rather not mither about it. 😉 Yeah my understanding is it's a rolling 3 year total mate so you can never truly take your eye off the ball........... |
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Post by lordb on Jan 8, 2024 11:06:57 GMT
I’ve no bloody idea how it works mate🤣🤣🤣🤣 I always thought it was a rolling 3 year period so that the fourth year past always dropped out of the reckoning. But things I’ve heard over the last few months tend to suggest it’s a fixed 3 year period with a start and end. 🤷♂️ Who knows? As long as it’s one thing the family are on top of ( which in fairness they seem to be) I rather not mither about it. 😉 Yeah my understanding is it's a rolling 3 year total so you can never truly take you're eye off the ball........... so it appears we are within FFP atm but not by much? |
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Post by baconburger on Jan 8, 2024 11:10:32 GMT
If you were to replicate that over the next two years a £36m loss would see us sat just below the FFP threshold of a maximum £39 loss over 3 years (unless the rules have changed i which case ignore me)............ I’ve no bloody idea how it works mate🤣🤣🤣🤣 I always thought it was a rolling 3 year period so that the fourth year past always dropped out of the reckoning. But things I’ve heard over the last few months tend to suggest it’s a fixed 3 year period with a start and end. 🤷♂️ Who knows? As long as it’s one thing the family are on top of ( which in fairness they seem to be) I rather not mither about it. 😉 It’s rolling. We’re in a period where big losses are dropping out of the equation and the contrived profit from selling the ground and CW are off setting this moderate loss. Depending on how well we’re controlling the wage bill we should be in a position to provide a healthy transfer budget providing the owners are happy to bear losses to the max allowed which is what they’ve stated. The money that has gone on compensation for management team pay offs and compensation for their replacements should be a little down assuming getting AN out of Sunderland would have been a fair bit more costly than getting Schu out of Plymouth. |
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Post by baconburger on Jan 8, 2024 11:11:55 GMT
Yeah my understanding is it's a rolling 3 year total so you can never truly take you're eye off the ball........... so it appears we are within FFP atm but not by much? |
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Post by theonlooker on Jan 8, 2024 11:18:04 GMT
Keyboards alight in the Bristol area... 🤣🤣🤣 Yes he’ll be coming in peace as we speak. "Yeah but, me and my mates have calculated that Stoke are 62p over the limit. The EFL need to go in hard" |
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Post by bagnallboothen on Jan 8, 2024 11:18:06 GMT
I’ve no bloody idea how it works mate🤣🤣🤣🤣 I always thought it was a rolling 3 year period so that the fourth year past always dropped out of the reckoning. But things I’ve heard over the last few months tend to suggest it’s a fixed 3 year period with a start and end. 🤷♂️ Who knows? As long as it’s one thing the family are on top of ( which in fairness they seem to be) I rather not mither about it. 😉 It’s rolling. We’re in a period where big losses are dropping out of the equation and the contrived profit from selling the ground and CW are off setting this moderate loss. Depending on how well we’re controlling the wage bill we should be in a position to provide a healthy transfer budget providing the owners are happy to bear losses to the max allowed which is what they’ve stated. The money that has gone on compensation for management team pay offs and compensation for their replacements should be a little down assuming getting AN out of Sunderland would have been a fair bit more costly than getting Schu out of Plymouth. We'll need to sell £16m worth of players again to lose £12.4m. I don't think this healthy budget is as big as you're making out. |
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Post by Laughing Gravy on Jan 8, 2024 11:23:08 GMT
🤣🤣🤣 Yes he’ll be coming in peace as we speak. "Yeah but, me and my mates have calculated that Stoke are 62p over the limit. The EFL need to go in hard" Yes we worked it out on the back of our maths exercise books behind the bike sheds at break time. Why were those naughty boys smoking and laughing at us? I’m going to tell on them as well. |
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Post by chiswickpotter on Jan 8, 2024 11:29:12 GMT
and there’s some on here asking where the Souttar money is 🤦♂️ Positive news overall. The £12m loss may turn out to be lower by year end due to when payments for TV etc come in - in 2021/22 the football club accounts had a loss of £18m compared to £26m in the Bet365 numbers. In any case, the FFP loss will be significantly lower than the accounting loss as there is scope to deduct the academy and a range of other costs, possibly including some of the investment in facilities in 2022/23. As the club made a loss of £15m pre-FFP adjustments in 2018/19, the FFP situation is at least £3m improved as 2022/23 replaces 2018/19 in the 3 year calculation. With the allowable FFP deductions, if the £12m is the same as in the club accounts (chances are it will be less),it reads as though we were well within the FFP limits by at least £10m (£3m out of the calculation, £7m allowable deductions) and probably more when the accounts are finalised. It also appears our costs were down by about £12m (presumably wages) which is good news. Given our summer business was FFP positive (our sales count in full in the 23/24 accounts while transfer fees are spread over contract lengths), spending is down, and the Covid years with big losses drop out of the 3 year numbers in 23/24 (it appears the Covid losses were approx £20m in FFP terms), we definitely have money to spend over this and next season. |
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Post by baconburger on Jan 8, 2024 11:29:34 GMT
It’s rolling. We’re in a period where big losses are dropping out of the equation and the contrived profit from selling the ground and CW are off setting this moderate loss. Depending on how well we’re controlling the wage bill we should be in a position to provide a healthy transfer budget providing the owners are happy to bear losses to the max allowed which is what they’ve stated. The money that has gone on compensation for management team pay offs and compensation for their replacements should be a little down assuming getting AN out of Sunderland would have been a fair bit more costly than getting Schu out of Plymouth. We'll need to sell £16m worth of players again to lose £12.4m. I don't think this healthy budget is as big as you're making out. The £12.4M loss is more than offset for FFP purposes by the year we made a contrived profit from selling the ground and CW circa £14M of FFP allowed profit. Are you making your assumptions on staying FFP compliant or some other as yet undeclared criteria? |
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Post by chiswickpotter on Jan 8, 2024 11:30:01 GMT
so it appears we are within FFP atm but not by much? By £10m or so |
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Post by prestwichpotter on Jan 8, 2024 11:41:27 GMT
Yeah my understanding is it's a rolling 3 year total so you can never truly take you're eye off the ball........... so it appears we are within FFP atm but not by much? The number we've quoted is only an overview as well, from a FFP there will be other additional monies we can write off so it should look a lot healthier after that. With my limited knowledge I'd say we should be cautiously optimistic we've turned the corner, but ultimately it boils down to whether the club stick or twist in the future, if they loosen the purse strings we better hope to God we get the recruitment right otherwise we could be back to square one. Villa are a prime example, if they haven't got promoted the season they did they would have been absolutely knackered from a FFP perspective, it's a balancing act........... |
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Post by baconburger on Jan 8, 2024 11:48:07 GMT
so it appears we are within FFP atm but not by much? The number we've quoted is only an overview as well, from a FFP there will be other additional monies we can write off so it should look a lot healthier after that. With my limited knowledge I'd say we should be cautiously optimistic we've turned the corner, but ultimately it boils down to whether the club stick or twist in the future, if they loosen the purse strings we better hope to God we get the recruitment right otherwise we could be back to square one. Villa are a prime example, if they haven't got promoted the season they did they would have been absolutely knackered from a FFP perspective, it's a balancing act........... I’m hoping we’re going to double down on our recruitment profile and avoid chasing rainbows a’la Gayle & Wesley in the future. In which case we should be optimistic 🤞 |
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Post by lordb on Jan 8, 2024 12:04:10 GMT
It’s rolling. We’re in a period where big losses are dropping out of the equation and the contrived profit from selling the ground and CW are off setting this moderate loss. Depending on how well we’re controlling the wage bill we should be in a position to provide a healthy transfer budget providing the owners are happy to bear losses to the max allowed which is what they’ve stated. The money that has gone on compensation for management team pay offs and compensation for their replacements should be a little down assuming getting AN out of Sunderland would have been a fair bit more costly than getting Schu out of Plymouth. We'll need to sell £16m worth of players again to lose £12.4m. I don't think this healthy budget is as big as you're making out. unless other costs, wage bill being the obvious one, has come down significantly? |
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Post by svengaliinplatforms on Jan 8, 2024 12:08:17 GMT
Now we seem to have ridden the worst of the FFP storm, and worked our way into a better position, it'll be disappointing if we continue to make bad recruitment decisions. Hopefully, we've learned our lessons.
There are numerous examples over the past few seasons of Championship clubs challenging for promotion, without having to always source £3m-plus additions for their squads.
My gut-feel is that we've now got a manager who knows how to get a tune from his squad. We just need to recruit the right 'types' of player now.
If we are looking at the likes of Plymouth, Colchester and Peterborough, picking out their best players, and using our financial muscle to turn heads, we're on the right path. Players who see us as a step-up.
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Post by bagnallboothen on Jan 8, 2024 12:17:17 GMT
We'll need to sell £16m worth of players again to lose £12.4m. I don't think this healthy budget is as big as you're making out. unless other costs, wage bill being the obvious one, has come down significantly? There are other costs to be deducted as well as Chiswick has said. Saleable assets we have now for anything like a half decent transfer fee ... Burger, Junior, Bae. That's about it and Bae is debatable. We're in a better position for sure but I don't think we'll be throwing money round like it's going out of fashion again. |
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Post by Laughing Gravy on Jan 8, 2024 12:21:37 GMT
Now we seem to have ridden the worst of the FFP storm, and worked our way into a better position, it'll be disappointing if we continue to make bad recruitment decisions. Hopefully, we've learned our lessons. There are numerous examples over the past few seasons of Championship clubs challenging for promotion, without having to always source £3m-plus additions for their squads. My gut-feel is that we've now got a manager who knows how to get a tune from his squad. We just need to recruit the right 'types' of player now. If we are looking at the likes of Plymouth, Colchester and Peterborough, picking out their best players, and using our financial muscle to turn heads, we're on the right path. Players who see us as a step-up. Which is exactly what Brentford and Brighton did utilising the national foreign markets. |
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Post by crouchpotato1 on Jan 8, 2024 12:25:53 GMT
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Post by baconburger on Jan 8, 2024 12:27:04 GMT
unless other costs, wage bill being the obvious one, has come down significantly? There are other costs to be deducted as well as Chiswick has said. Saleable assets we have now for anything like a half decent transfer fee ... Burger, Junior, Bae. That's about it and Bae is debatable. We're in a better position for sure but I don't think we'll be throwing money round like it's going out of fashion again. I bloody well hope we aren’t. More of the same profile try to unearth a few more gems 2 or 3 in one transfer window is pretty good going whatever some may think. There should be money to spend, sensible fees on players with lots of upside and very little downside on sensible wages. |
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Post by baconburger on Jan 8, 2024 12:30:16 GMT
Seems to be having trouble differentiating between Stoke and bet365. |
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Post by crouchpotato1 on Jan 8, 2024 12:32:34 GMT
Seems to be having trouble differentiating between Stoke and bet365. Kieran Maguire is the top financial expert in football so I very much doubt it |
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Post by LH_SCFC on Jan 8, 2024 12:33:32 GMT
Seems to be having trouble differentiating between Stoke and bet365. He’s referring to the Bet365 Group accounts, which are now available, within which you can extract the high-level figures (of importance) for the club. Maguire is about as clear as they come when it comes to football finances. |
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Post by Laughing Gravy on Jan 8, 2024 12:35:07 GMT
Seems to be having trouble differentiating between Stoke and bet365. Kieran Maguire is the top financial expert in football so I very much doubt it Indeed. It might have something to do with Stoke City being owned by bet365. |
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