Premier League Money: Do we have any ?
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 sueagle2012  22 Jan 14 5.16pm |
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During this transfer window, most comments seem to indicate that we don't have much money to spend. We seem to be still regarded as the poorest club in the premiership. I thought Premier League would mean minimum income of over £100m per season. I know it is not a good idea to pile up huge debts as the likes of Cardiff and Hull are doing and also know we did not spend effectively in August but surely we can afford a couple of quality signing (purchase price and 2-3 years of contract wages amounting to say £20 million) without the risk of financial ruin. So what is the score. Is it that:
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| paulose17 Sutton 22 Jan 14 5.25pm |
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Steve Browett was heard to tell the HF at a game recently that The Premier League had given us £6o mill. I think the 100 mill - 120 mill that was quoted by the papers is over 3 seasons and include's parachute payments, could be wrong but that's what i've heard from various sources.
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ASCPFC  Pro-Cathedral/caravan park 22 Jan 14 5.29pm |
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We would have had maybe the first instalment of Premier League money and another is around now I believe. The main part comes at the end of the season as TV rights etc are worked out and dispersed. Perhaps we have had 10 mil or so - but that is pretty much a rough estimate. The full value of one season in the Premiership is 60 mil. However, remember that every single expense, fee and wage goes up - silly things like insurance will almost double - the kind of expenses most of the fans seem to be forgetting about. We will not be going into admin but we will certainly have no more than perhaps 5 mil for players currently - depending on how the Zaha money has been paid.
Red and Blue Army! |
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| paperhat croydon 22 Jan 14 5.29pm |
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Quote paulose17 at 22 Jan 2014 5.25pm
Steve Browett was heard to tell the HF at a game recently that The Premier League had given us £6o mill. I think the 100 mill - 120 mill that was quoted by the papers is over 3 seasons and include's parachute payments, could be wrong but that's what i've heard from various sources. that's how it was explained back when all this promotin malarkey happened. The £100-140 mill figures that have been banded about take into account the amount for getting promoted and the parachute payments over the subsequent 2nd and 3rd years were we to get relegated. I'd assume that you dont go spending it all on Carlos Kickaball at £200k a week as the minute we get relegated, he's gone at a fraction of what he was bought for, leaving us hugely out of pocket. multiply that by a few players and you can see why CPFC2010 are as hesitant as they are - rightly so.
Clinton is Clinton. I have known him for a long time, I know his mother... Simon Jordan |
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| ASCPFC Pro-Cathedral/caravan park 22 Jan 14 5.32pm |
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Quote paperhat at 22 Jan 2014 5.29pm
Quote paulose17 at 22 Jan 2014 5.25pm
Steve Browett was heard to tell the HF at a game recently that The Premier League had given us £6o mill. I think the 100 mill - 120 mill that was quoted by the papers is over 3 seasons and include's parachute payments, could be wrong but that's what i've heard from various sources. that's how it was explained back when all this promotin malarkey happened. The £100-140 mill figures that have been banded about take into account the amount for getting promoted and the parachute payments over the subsequent 2nd and 3rd years were we to get relegated. I'd assume that you dont go spending it all on Carlos Kickaball at £200k a week as the minute we get relegated, he's gone at a fraction of what he was bought for, leaving us hugely out of pocket. multiply that by a few players and you can see why CPFC2010 are as hesitant as they are - rightly so.
Red and Blue Army! |
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| Harpo Oxfordshire 22 Jan 14 5.44pm |
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Just one bargain basement player joining our club will be a financial drain. Four or five quality player, much more so. Ideally, we should strengthen, but incomers will have to be an investment. And that's the difficulty.
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| sydtheeagle England 22 Jan 14 6.07pm |
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Quote Harpo at 22 Jan 2014 5.44pm
Just one bargain basement player joining our club will be a financial drain. Four or five quality player, much more so. Ideally, we should strengthen, but incomers will have to be an investment. And that's the difficulty. If just one, bargain basement player joining our club will be a financial drain then CPFC2010 are totally incompetent. As I don't believe that's the case, your statement is palpably rubbish (unless you believe all businesses should succeed without hiring any employees). All incomers are an investment, whether they work out or not. A 33 year old with no sell on fee who scores 7 goals in the next three months and keeps us up is a very, very sound investment. Sell-on fees are not the only way of making money out of a player you know.
Sydenham by birth. Selhurst by the Grace of God. |
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Eunectes  Aberystwyth 22 Jan 14 6.15pm |
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Off the top of my head I believe the accounts noted there were a number of expenses after the period they run up to; £18m in transfer fees from the summer There were £18m in wages last year, we can expect that to have risen substantially (a random guess might be somewhere over £20m). So that's the vast majority of the £60m TV money gone straight away. That leaves gate money and sponsorship deals to cover routine maintenance and general running expenses, I couldn't hazard a guess at how much that would generate/leave, but it's unlikely to come close to covering a couple of £6m+ players on prem wages...
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| sueagle2012 22 Jan 14 6.26pm |
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Quote Eunectes at 22 Jan 2014 6.15pm
Off the top of my head I believe the accounts noted there were a number of expenses after the period they run up to; £18m in transfer fees from the summer There were £18m in wages last year, we can expect that to have risen substantially (a random guess might be somewhere over £20m). So that's the vast majority of the £60m TV money gone straight away. That leaves gate money and sponsorship deals to cover routine maintenance and general running expenses, I couldn't hazard a guess at how much that would generate/leave, but it's unlikely to come close to covering a couple of £6m+ players on prem wages... All plausible ...I personally have seen very little value for the £4 m in ground improvement ..if indeed all this money has been spent already. So it seems we have very little money to spend ..in which case it is futile to the debate possibility of big name signings. I personaly don't think we are in too bad a position to fight for survival and our current squad is good enough to keep us up. There is also a risk of destabilizing the current squad/team if a couple of high earners are brought in ..and turn out to be mediocre. So overall ...focus on getting the best from the squad we have rather than bring fresh faces ?
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| sueagle2012 22 Jan 14 6.30pm |
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Quote sydtheeagle at 22 Jan 2014 6.07pm
Quote Harpo at 22 Jan 2014 5.44pm
Just one bargain basement player joining our club will be a financial drain. Four or five quality player, much more so. Ideally, we should strengthen, but incomers will have to be an investment. And that's the difficulty. If just one, bargain basement player joining our club will be a financial drain then CPFC2010 are totally incompetent. As I don't believe that's the case, your statement is palpably rubbish (unless you believe all businesses should succeed without hiring any employees). All incomers are an investment, whether they work out or not. A 33 year old with no sell on fee who scores 7 goals in the next three months and keeps us up is a very, very sound investment. Sell-on fees are not the only way of making money out of a player you know. Kevin Philipps Turned out to be great investment last year at the age of 39!!
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| Eunectes Aberystwyth 22 Jan 14 6.39pm |
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Quote sueagle2012 at 22 Jan 2014 6.26pm
Quote Eunectes at 22 Jan 2014 6.15pm
Off the top of my head I believe the accounts noted there were a number of expenses after the period they run up to; £18m in transfer fees from the summer There were £18m in wages last year, we can expect that to have risen substantially (a random guess might be somewhere over £20m). So that's the vast majority of the £60m TV money gone straight away. That leaves gate money and sponsorship deals to cover routine maintenance and general running expenses, I couldn't hazard a guess at how much that would generate/leave, but it's unlikely to come close to covering a couple of £6m+ players on prem wages... All plausible ...I personally have seen very little value for the £4 m in ground improvement ..if indeed all this money has been spent already. So it seems we have very little money to spend ..in which case it is futile to the debate possibility of big name signings. I personaly don't think we are in too bad a position to fight for survival and our current squad is good enough to keep us up. There is also a risk of destabilizing the current squad/team if a couple of high earners are brought in ..and turn out to be mediocre. So overall ...focus on getting the best from the squad we have rather than bring fresh faces ?
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| paperhat croydon 23 Jan 14 9.12am |
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Quote Eunectes at 22 Jan 2014 6.39pm
Quote sueagle2012 at 22 Jan 2014 6.26pm
Quote Eunectes at 22 Jan 2014 6.15pm
Off the top of my head I believe the accounts noted there were a number of expenses after the period they run up to; £18m in transfer fees from the summer There were £18m in wages last year, we can expect that to have risen substantially (a random guess might be somewhere over £20m). So that's the vast majority of the £60m TV money gone straight away. That leaves gate money and sponsorship deals to cover routine maintenance and general running expenses, I couldn't hazard a guess at how much that would generate/leave, but it's unlikely to come close to covering a couple of £6m+ players on prem wages... All plausible ...I personally have seen very little value for the £4 m in ground improvement ..if indeed all this money has been spent already. So it seems we have very little money to spend ..in which case it is futile to the debate possibility of big name signings. I personaly don't think we are in too bad a position to fight for survival and our current squad is good enough to keep us up. There is also a risk of destabilizing the current squad/team if a couple of high earners are brought in ..and turn out to be mediocre. So overall ...focus on getting the best from the squad we have rather than bring fresh faces ?
Clinton is Clinton. I have known him for a long time, I know his mother... Simon Jordan |
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