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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
blue lewj
Does it? Explain the maths to me because we're far from huge spenders are we.
For a start, we are £109m in debt. Maybe we shouldn't taken on more debt.
This is from the Trust's statement on the accounts in May:
Summary of results
The accounts show a net loss for the year, after tax and interest, of £11.2m compared to a loss of £12.3m in 2020. After an adjustment for deferred tax, the loss increased to £12.0m compared to the 2020 figure of £12.5m on a similar basis. As a result of this loss, the net liabilities in the balance sheet increased to £36.0m from the 2020 figure of £24.0m.
So we lose a million a month. We can lose £39m over 3 years to pass FFP. We are skint.
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
blue lewj
Right.
So how can we still be being outspent by many other clubs in this league, many of them who have not had the riches of a couple of trips to the Premier League?
Because we are incredibly badly run.
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
blue lewj
Right.
So how can we still be being outspent by many other clubs in this league, many of them who have not had the riches of a couple of trips to the Premier League?
Historically low wages
Profitability on player sales
No court cases (Sala) (Issac) (Hammam)
No Langstone
For starters
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
Pedro de la Rosa
For a start, we are £109m in debt. Maybe we shouldn't taken on more debt.
This is from the Trust's statement on the accounts in May:
Summary of results
The accounts show a net loss for the year, after tax and interest, of £11.2m compared to a loss of £12.3m in 2020. After an adjustment for deferred tax, the loss increased to £12.0m compared to the 2020 figure of £12.5m on a similar basis. As a result of this loss, the net liabilities in the balance sheet increased to £36.0m from the 2020 figure of £24.0m.
So we lose a million a month. We can lose £39m over 3 years to pass FFP. We are skint.
So judging by those figures you think we could not afford a loan fee for Moore, if we hadn't messed up the embargo that is.
We clearly could. It would be tight but surely it would be offset by losing such players as Nkounkou, Nelson and the like.
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
Pedro de la Rosa
For a start, we are £109m in debt. Maybe we shouldn't taken on more debt.
This is from the Trust's statement on the accounts in May:
Summary of results
The accounts show a net loss for the year, after tax and interest, of £11.2m compared to a loss of £12.3m in 2020. After an adjustment for deferred tax, the loss increased to £12.0m compared to the 2020 figure of £12.5m on a similar basis. As a result of this loss, the net liabilities in the balance sheet increased to £36.0m from the 2020 figure of £24.0m.
So we lose a million a month. We can lose £39m over 3 years to pass FFP. We are skint.
As for taking on debt, it is what we do.
Nothing seems to have changed on that front since VT took charge.
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
blue lewj
So judging by those figures you think we could not afford a loan fee for Moore, if we hadn't messed up the embargo that is.
We clearly could. It would be tight but surely it would be offset by losing such players as Nkounkou, Nelson and the like.
I said "If they decided to move Moore on, there'd be a queue of clubs in the division and most would pay a sizeable fee to get him."
We cannot afford to do that, clearly. If Moore was sold, he'd go for millions, which we clearly cannot afford due to FFP.
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
blue lewj
Right.
So how can we still be being outspent by many other clubs in this league, many of them who have not had the riches of a couple of trips to the Premier League?
we had a team full ov very expensive players that weren't good enough to get promoted.
that was eating up our wage bill and we weren't making effective use out of it.
that gives us an "effective" budget of a lot smaller than most teams, as so much of it was tied up in unused players.
now we've cleared them off we have a similar budget to most of the bottom half teams in this division, but probably a couple of years of losses on the FFP calculations, so maybe another year or 2 of belt tightening and we can spend a bit more
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
Pedro de la Rosa
I said "If they decided to move Moore on, there'd be a queue of clubs in the division and most would pay a sizeable fee to get him."
We cannot afford to do that, clearly. If Moore was sold, he'd go for millions, which we clearly cannot afford due to FFP.
I disagree.
Even based on those figures if we continued as we were we would have scraped in under the FFP financial levels.
We actively reduced the wage bill last year so we can expect the loss figure to be less. If not then questions need to be asked as to what we've lost it on because we've certainly weakened the squad and spent less on it.
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
blue lewj
I disagree.
Even based on those figures if we continued as we were we would have scraped in under the FFP financial levels.
We actively reduced the wage bill last year so we can expect the loss figure to be less. If not then questions need to be asked as to what we've lost it on because we've certainly weakened the squad and spent less on it.
There are plenty of things to have a go at Tan for. Not signing a £5m+ striker, that almost certainly wouldn't want to come here, that we definitely could not afford with FFP is not one of them. We have ZERO parachute payments this year. We had some last year, that is why we have reduced the wage bill this. The club are terribly, terribly run by a trio of halfwits but Jesus Christ.
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Re: Transfer deadline day Tuesday 11pm...rumours
Also did the FFP amounts for a 3 year rolling loss double last year?
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
2b2bdoo
I’d take Zohore until the end of the season.
Looks like he's going back to Denmark - to former club OB on a contract to the summer.
Bruno Manga off to ASM Belfort in the French 4th tier (League 2 or National League equivalent?) on a free after leaving Dijon. He's 34 now - which is still young for a Derby centre back!
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
Pedro de la Rosa
There are plenty of things to have a go at Tan for. Not signing a £5m+ striker, that almost certainly wouldn't want to come here, that we definitely could not afford with FFP is not one of them. We have ZERO parachute payments this year. We had some last year, that is why we have reduced the wage bill this. The club are terribly, terribly run by a trio of halfwits but Jesus Christ.
Nobody is having a go at Tan.
I'm responding to the people dismissing it as impossible out of hand.
Many of the same people who mentioned people like Dyche and Howe when managerial positions at City have been discussed in the past. :hehe:
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
Pedro de la Rosa
There are plenty of things to have a go at Tan for. Not signing a £5m+ striker, that almost certainly wouldn't want to come here, that we definitely could not afford with FFP is not one of them. We have ZERO parachute payments this year. We had some last year, that is why we have reduced the wage bill this. The club are terribly, terribly run by a trio of halfwits but Jesus Christ.
I think last year was the first of zero iirc
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
blue lewj
Nobody is having a go at Tan.
I'm responding to the people dismissing it as impossible out of hand.
Many of the same people who mentioned people like Dyche and Howe when managerial positions at City have been discussed in the past. :hehe:
It is impossible. I've provided the evidence to prove it.
Also, you have criticised Tan for not spending money in this debate, so that's two things.
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
blue lewj
Nobody is having a go at Tan.
I'm responding to the people dismissing it as impossible out of hand.
Many of the same people who mentioned people like Dyche and Howe when managerial positions at City have been discussed in the past. :hehe:
fair play you're not giving up easily , but the idea that we could sign Kieffer Moore today is completely ridiculous for about 5 different reasons
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
Rjk
fair play you're not giving up easily , but the idea that we could sign Kieffer Moore today is completely ridiculous for about 5 different reasons
Such as why would he leave a PL club to a side heading for L1.
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
blue lewj
Also did the FFP amounts for a 3 year rolling loss double last year?
Where did u get this from. 1st ive heard of this.
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
blue lewj
Also did the FFP amounts for a 3 year rolling loss double last year?
there was some extra latitude given for COVID related losses, not sure of the exact details, but there's only so much that'll give you
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Re: Transfer deadline day Tuesday 11pm...rumours
Kiefer Moore aside. We are hours away from giving us a fighting chance of survival and weve brought in nobody while our rival have improved.
Hopefully theres good news in the pipeline.
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
Rjk
there was some extra latitude given for COVID related losses, not sure of the exact details, but there's only so much that'll give you
Yeah I know there was a change for Covid but that was needed due to a big loss of income.
Im more or less certain FFP losses werent doubled.
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
blue lewj
As for taking on debt, it is what we do.
Nothing seems to have changed on that front since VT took charge.
to be fair to him, he might have just been following on from Scam and Riddler
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
Pedro de la Rosa
It is impossible. I've provided the evidence to prove it.
Also, you have criticised Tan for not spending money in this debate, so that's two things.
Its impossible to debate with someone like Lew. Its like trying to talk to someone who sticks their fingers in their years and shouts la-la-la-la-la-la then claim to win the argument.
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
Rjk
fair play you're not giving up easily , but the idea that we could sign Kieffer Moore today is completely ridiculous for about 5 different reasons
At a time when you can validly use many different sticks to beat Tan with, beating him with a not being able to re-sign Kiefer Moore in this window is right up there with the most ridiculous. :hehe: :hehe:
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Re: Transfer deadline day Tuesday 11pm...rumours
Latest rumour is Sory Kaba, a forward from Midtjylland on loan
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Re: Transfer deadline day Tuesday 11pm...rumours
Quote:
Originally Posted by
tforturton
Latest rumour is Sory Kaba, a forward from Midtjylland on loan
In other news, City have sacked Mark Hudson.