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June 19 2019 6.52pm

CPFC 2010 Accounts Overdue

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View Badger11's Profile Badger11 Flag Beckenham 07 Apr 19 9.16am Send a Private Message to Badger11 Add Badger11 as a friend

I would not want to let any of our stars go but money talks. The player we have to keep is Zaha he is our match winner, at some point no doubt someone on here will work out how may points Zaha has won for us this season I have no doubt it's the vast majority.

We could live without AWB but if Zaha goes so do we.

 


One more point

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View Midlands Eagle's Profile Midlands Eagle Flag 07 Apr 19 9.18am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Badger11

That was my question what is the current rate of losses? I thought we offloaded a load of players hopefully that would have eased the wage bill.

We paid up Mutch's contract but although that would have saved a year's wages it probably cost that much to get rid of him.

 

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View bexleydave's Profile bexleydave Flag Barnehurst 07 Apr 19 9.40am Send a Private Message to bexleydave Holmesdale Online Elite Member Add bexleydave as a friend

The annual Brighton analysis of our accounts:

[Link]

Take the first letter of each sentence and see what it spells out (I'll provide the answer later if necessary).

 


Bexley Dave

Can you hear the Brighton sing? I can't hear a ******* thing!

"The most arrogant, obnoxious bunch of deluded little sun tanned, loafer wearing mummy's boys I've ever had the misfortune of having to listen to" (Burnley forum)

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View davehuggins's Profile davehuggins Flag 07 Apr 19 9.49am Send a Private Message to davehuggins Add davehuggins as a friend

Lets be clear the losses amount from player trading and not on operating day-to-day. I would imagine most clubs would be the same in our size bracket. IMO our squad is ageing but for a club of our size we do have some very good and valuable assets. We do need to recruit again IMO a striker and central midfield so we either trade or encourage further investment in the club.

 

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View Midlands Eagle's Profile Midlands Eagle Flag 07 Apr 19 10.23am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by davehuggins

Lets be clear the losses amount from player trading and not on operating day-to-day. I would imagine most clubs would be the same in our size bracket.

If you read the article linked to by bexleydave you will see that's not so as our wage bill plus amortisation as a percentage of income is the second highest in the Premiership in the period under review.


 

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View davehuggins's Profile davehuggins Flag 07 Apr 19 10.34am Send a Private Message to davehuggins Add davehuggins as a friend

Not being in the know I would guess the reason our wage bill is so high is down to the quality of players we have. Compare what we have to say Burnley, Cardiff, Newcastle etc. Like they say you only get what you pay for, I'm sure SP only pays what he has to!! Like I said before for us to compete next season we only need a couple in.

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 07 Apr 19 10.40am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Midlands Eagle

If you read the article linked to by bexleydave you will see that's not so as our wage bill plus amortisation as a percentage of income is the second highest in the Premiership in the period under review.


And not long after you’ll have posters complaining we’re not spending enough. That isn’t the problem. The problem is spending too much on and paying too much to a certain few players because our setup, mainly scouting, has been an absolute joke. I know we were promoted before we were ready but still, some of the players we’ve signed you’d think stevie wonder was our chief scout watching them just before we decided to sign them.

Selling some a big player or 2 won’t be a surprise to me. We’ve only sold Bolasie and Gayle so far anyway.

 


COYP

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 07 Apr 19 10.45am Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by davehuggins

Not being in the know I would guess the reason our wage bill is so high is down to the quality of players we have. Compare what we have to say Burnley, Cardiff, Newcastle etc. Like they say you only get what you pay for, I'm sure SP only pays what he has to!! Like I said before for us to compete next season we only need a couple in.

Zaha, Benteke, Sakho in the £120-130k bracket are eye watering figures. The next group on £80k are high enough.

Apart from Wilf it’s not just because we wanted better quality but because we had no idea who we wanted to sign apart from those with big red flashing ‘come and get me’ hooters above their heads. You can include the managers we’ve hired there as well, apart from FDB. Even Hodgson was an obvious choice. The surprise was that he was still in the job market, not that he would be a good candidate for survival.

 


COYP

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View Phil H's Profile Phil H Flag 07 Apr 19 11.05am Send a Private Message to Phil H Add Phil H as a friend

Originally posted by bexleydave

The annual Brighton analysis of our accounts:

[Link]

Take the first letter of each sentence and see what it spells out (I'll provide the answer later if necessary).

Thanks for this link. At last I understand what "amortisation" means, sometimes I feel like the only Holer who is not a chartered accountant!
One thing is clear...players' wages will ultimately destroy our club if we continue like this. If only there was a way of paying a basic wage added to a performance-related bonus, the idea of paying a certain player £130 k for ten minutes a week and missed sitters is truly insane.

 

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View chris123's Profile chris123 Online Flag hove actually 07 Apr 19 11.07am Send a Private Message to chris123 Add chris123 as a friend

Originally posted by Phil H

Thanks for this link. At last I understand what "amortisation" means, sometimes I feel like the only Holer who is not a chartered accountant!
One thing is clear...players' wages will ultimately destroy our club if we continue like this. If only there was a way of paying a basic wage added to a performance-related bonus, the idea of paying a certain player £130 k for ten minutes a week and missed sitters is truly insane.

Let's hope Villa get promoted!

 

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View Midlands Eagle's Profile Midlands Eagle Flag 07 Apr 19 11.41am Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

In addition to player costs there are also Manager costs which will be higher for us than many of our peers due to our revolving door manager policy with FdB's payoff included in these accounts and Pardew's exit fee in the previous year

 

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View davehuggins's Profile davehuggins Flag 07 Apr 19 1.59pm Send a Private Message to davehuggins Add davehuggins as a friend

This post has been merged from a topic called 'Team value' by bexleydave

Okay, the accounts are out and player purchases have hit us hard. So what do you think our 1st X1 is worth in the market today IMO - 245m?

 

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