The Transfer Rumour Thread

[Former Labour leader]

Re: The Transfer Rumour Thread

To comply with league 1 rules the max number of senior players to register before the season starts is 22 . This is down from 25 players in the championship

Think we have 22 senior players on our books right now . under 21's are exempt

If my calculations are right we will need lose 2 players to get 2 in

think we have 22 senior players registered now ?

Yes, goalies are exempt. We have 3or4 places to fill.

[tforturton]

Re: The Transfer Rumour Thread

My understanding is that we have to cut salary costs to below 60% of income, to comply with League 1/2 finance rules. Can anyone confirm that? It might explain why we are getting rid of all but a few of the big earners.

[Trigger]

Re: The Transfer Rumour Thread

My understanding is that we have to cut salary costs to below 60% of income, to comply with League 1/2 finance rules. Can anyone confirm that? It might explain why we are getting rid of all but a few of the big earners.

Ask Steve Borley on x, he should have the answer.

[the other bob wilson]

Re: The Transfer Rumour Thread

My understanding is that we have to cut salary costs to below 60% of income, to comply with League 1/2 finance rules. Can anyone confirm that? It might explain why we are getting rid of all but a few of the big earners.

I believe you’re right. I asked Keith a couple of weeks ago on here what the percentages of wages to turnover had been in recent seasons and, of course, have forgotten what he said now - think it was something like 75 per cent in 22/23 and 80 odd in 23/24.

[Rjk]

Re: The Transfer Rumour Thread

My understanding is that we have to cut salary costs to below 60% of income, to comply with League 1/2 finance rules. Can anyone confirm that? It might explain why we are getting rid of all but a few of the big earners.

Yes, those are the rules for league one.

our income will drop by 6-10m and we probably would have had a salary to income of higher than 60%

if we had an income of around 24m and a wage bill of say 22m previously.

then we might be looking at a new income of 16m and therefore would need the wage bill to reduce to less than 10m

[the other bob wilson]

Re: The Transfer Rumour Thread

Yes, those are the rules for league one.

our income will drop by 6-10m and we probably would have had a salary to income of higher than 60%

if we had an income of around 24m and a wage bill of say 22m previously.

then we might be looking at a new income of 16m and therefore would need the wage bill to reduce to less than 10m

Watch that income figure rise by a few million if the Bale consortium takes over and by a more than decent amount if the South Africangroup buy out Tan.

[Hilts]

Re: The Transfer Rumour Thread

Has this South African group been confirmed.?

[the other bob wilson]

Re: The Transfer Rumour Thread

Has this South African group been confirmed.?

Not by the club, they’re telling us Gareth Bale is a rumour.

[PontBlue]

Re: The Transfer Rumour Thread

I think Keith said the owner can top up the shortfall to avoid a breach of any rules

[Ninian1962]

Re: The Transfer Rumour Thread

I believe you’re right. I asked Keith a couple of weeks ago on here what the percentages of wages to turnover had been in recent seasons and, of course, have forgotten what he said now - think it was something like 75 per cent in 22/23 and 80 odd in 23/24.

Paul

My fuller comments on this are on the Trust website , but have summarised below as well

1.Basic rule is that player wages must be capped at 60% of turnover but there are important definitions of both which have a major impact on that calculation.

2. The latest audited accounts are for the year to 31 May 2024 when headline turnover was £23.2m and player wages £19.9m (86% of turnover).

3. for this calculation, turnover includes

a)normal matchday income, sponsorship and TV revenue
b) any non refundable new cash introduced by the owner (i.e not loans)
c)any profit on player sales, but only when the cash is received (many transfer fees are paid by instalments)
d) any profits on non-matchday hospitality or facility hires


4. For this calculation , player wages exclude

a)wages of players out on loan covered by the club borrowing them
b)any players under 21 as at the start of the season who came through the club`s youth development system and had been with the club for more than three years
c) (an additional benefit for CCFC as a club just relegated from the Championship) - the wages of anyone signed before September 2024 on a three year plus contract

As can be seen from the above there is plenty of leeway in the calculation to assist CCFC in being compliant with the rules, which are titled Salary Cap Maintenance Protocol.

As for the headline figures involved , this carries a degree of "guestimate" as figures for the year to 31 May 2025 are not yet available.

If an assumption is made that 2025 income and player wages were at similar levels to those in 2024 then , for this coming season basic turnover could be around £13m as it has dropped by £10m due to a reduction in the share of TV income of £8m between the Championship and League 1 and a fall of £2m in Premier League solidarity payments between the divisions. Normally this would be extremely concerning but I believe that virtually all of this ,if not all, is covered by the wages savings from all the players released when their contracts came to an end plus relegation clauses in player contracts still at the club reducing their current pay levels.

Hopefully , this summary is helpful.

[the other bob wilson]

Re: The Transfer Rumour Thread

Paul

My fuller comments on this are on the Trust website , but have summarised below as well

1.Basic rule is that player wages must be capped at 60% of turnover but there are important definitions of both which have a major impact on that calculation.

2. The latest audited accounts are for the year to 31 May 2024 when headline turnover was £23.2m and player wages £19.9m (86% of turnover).

3. for this calculation, turnover includes

a)normal matchday income, sponsorship and TV revenue
b) any non refundable new cash introduced by the owner (i.e not loans)
c)any profit on player sales, but only when the cash is received (many transfer fees are paid by instalments)
d) any profits on non-matchday hospitality or facility hires


4. For this calculation , player wages exclude

a)wages of players out on loan covered by the club borrowing them
b)any players under 21 as at the start of the season who came through the club`s youth development system and had been with the club for more than three years
c) (an additional benefit for CCFC as a club just relegated from the Championship) - the wages of anyone signed before September 2024 on a three year plus contract

As can be seen from the above there is plenty of leeway in the calculation to assist CCFC in being compliant with the rules, which are titled Salary Cap Maintenance Protocol.

As for the headline figures involved , this carries a degree of "guestimate" as figures for the year to 31 May 2025 are not yet available.

If an assumption is made that 2025 income and player wages were at similar levels to those in 2024 then , for this coming season basic turnover could be around £13m as it has dropped by £10m due to a reduction in the share of TV income of £8m between the Championship and League 1 and a fall of £2m in Premier League solidarity payments between the divisions. Normally this would be extremely concerning but I believe that virtually all of this :wales:,if not all, is covered by the wages savings from all the players released when their contracts came to an end plus relegation clauses in player contracts still at the club reducing their current pay levels.

Hopefully , this summary is helpful.

Thanks very much for that Keith :thumbup:

[Undercoverinwurzelland]

Re: The Transfer Rumour Thread

Rumours that a number of championship clubs are keen to get Ebou Adams from Derby. Wonder if we included a sell-on clause when we sold him to them.

[Trigger]

Re: The Transfer Rumour Thread

Rumours that a number of championship clubs are keen to get Ebou Adams from Derby. Wonder if we included a sell-on clause when we sold him to them.

Given we didn't seem to hink he was good enough for the champ at the time I don't see it. Maybe though, on football manager it was my policy to always include at least 20% :hehe:

[NinianKnight]

Re: The Transfer Rumour Thread

Rumours that a number of championship clubs are keen to get Ebou Adams from Derby. Wonder if we included a sell-on clause when we sold him to them.

Wasn't the sale fee rather low something like £500,000? If I remember rightly then you would think so

[Splott-light...]

Re: The Transfer Rumour Thread

As someone who works in a complex technical field I have to regularly explain to non-technical executives why things take so long and why we need x,y, and z. It's challenging for me...

just put the steakbake in the bag 🙄