£3 million per month being lost? How?
Not disputing the figure or saying it is incorrect but how are we losing £3 million per month?
Can somebody break it down?
Also how does this compare with other seasons? What do we lose monthly when running in a regular season?
Re: £3 million per month being lost? How?
Re: £3 million per month being lost? How?
I can't read his post as he is blocked but I'm sure it is informative and helpful.
Re: £3 million per month being lost? How?
I've just been overcome with a feeling of deja vu :frown:
Re: £3 million per month being lost? How?
Re: £3 million per month being lost? How?
Quote:
Originally Posted by
Cleve van Leef
The Club isn’t.
Alright then Tan.
If it has been cleared up elsewhere then apologies.
Re: £3 million per month being lost? How?
Where's the income?
Bit of sky money plus last of parachute payments but no ticket sales or associated income plus I doubt whether Covid struck people are buying many shirts etc. Presumably the various sponsorships would be related to attendances and tv exposure ???
In the mean time they're apparently paying £65 K a week towards Harry Wilsons wages plus the other wages , maintaining the ground and facilities , hotels, traveling, security , housing etc etc ad inf.
In common with every other club that can't go on forever.
Re: £3 million per month being lost? How?
Quote:
Originally Posted by
blue lewj
Alright then Tan.
If it has been cleared up elsewhere then apologies.
https://www.ccmb.co.uk/showthread.ph...g-%A33m-a-week
There was also a meet with CCFC and some messageboard members fed back.
Looks like you've got a bit of catching up to do :thumbup:
Re: £3 million per month being lost? How?
i would wager 70% or more is in players' wages.
Spedger
Re: £3 million per month being lost? How?
Our wage bill is 30m plus, we have no revenue streams.
Re: £3 million per month being lost? How?
Quote:
Originally Posted by
blue lewj
Alright then Tan.
If it has been cleared up elsewhere then apologies.
Apology accepted.
Vincent
Re: £3 million per month being lost? How?
Quote:
Originally Posted by
Pedro de la Rosa
Our wage bill is 30m plus, we have no revenue streams.
We got more than that from sky in our parachute payments....
Re: £3 million per month being lost? How?
Quote:
Originally Posted by
RonnieBird
Where's the income?
Bit of sky money plus last of parachute payments but no ticket sales or associated income plus I doubt whether Covid struck people are buying many shirts etc. Presumably the various sponsorships would be related to attendances and tv exposure ???
In the mean time they're apparently paying £65 K a week towards Harry Wilsons wages plus the other wages , maintaining the ground and facilities , hotels, traveling, security , housing etc etc ad inf.
In common with every other club that can't go on forever.
We are paying nowhere near £65k a week..your way out!!
Re: £3 million per month being lost? How?
Given the size of our squad that would put our average weekly wage at not too far shy of £20,000 a week.
That is not right surely?
Re: £3 million per month being lost? How?
Quote:
Originally Posted by
blue lewj
Given the size of our squad that would put our average weekly wage at not too far shy of £20,000 a week.
That is not right surely?
Apparently our wage bill was 48m last season. It'll be in the accounts.
https://www.walesonline.co.uk/sport/...would-16506843
Re: £3 million per month being lost? How?
Quote:
Originally Posted by
Pedro de la Rosa
That is eyewatering.
Who left to reduce that by £18 million?
Re: £3 million per month being lost? How?
Quote:
Originally Posted by
blue lewj
That is eyewatering.
Who left to reduce that by £18 million?
I was guessing but NML, Patto, Pelts, Richards, Connolly, Bogle, Etheridge and Ward all left. If you estimate they're all on 20k a week, that's about 8m. While some won't be on that, some will have been on more.
Re: £3 million per month being lost? How?
Quote:
Originally Posted by
Pedro de la Rosa
According to the article, that was our wage bill for the 2017/18 season.
Re: £3 million per month being lost? How?
Quote:
Originally Posted by
LeningradCowboy
According to the article, that was our wage bill for the 2017/18 season.
That will teach me to read the table. Still, it will be very, very high. I'd guess my first 30m estimate was close then!
Re: £3 million per month being lost? How?
Quote:
Originally Posted by
Pedro de la Rosa
I was guessing but NML, Patto, Pelts, Richards, Connolly, Bogle, Etheridge and Ward all left. If you estimate they're all on 20k a week, that's about 8m. While some won't be on that, some will have been on more.
You can take a fair bit more off that, the article's from June 2019 so that's prior to the departures of Reid, Gunnarsson, Zohore, Manga etc
Re: £3 million per month being lost? How?
Quote:
Originally Posted by
Pedro de la Rosa
That will teach me to read the table. Still, it will be very, very high. I'd guess my first 30m estimate was close then!
We paid over £20m in promotion bonuses at the end of that season, so about £30m for this season sounds about right.
Re: £3 million per month being lost? How?
Quote:
Originally Posted by
City123
You can take a fair bit more off that, the article's from June 2019 so that's prior to the departures of Reid, Gunnarsson, Zohore, Manga etc
Some of the players that signed new deals when we got promoted should have had wage reductions when we got relegated... Then again, it is Cardiff...
Re: £3 million per month being lost? How?
How does that wage bill compare with other clubs in the Championship this season?
Re: £3 million per month being lost? How?
Wages, players wages, and the owners (and his appointed management) fees.
Hope this helps.