Always enjoyed Swiss Ramble's financial summaries. They just posted a long thread on us, how we compare to other teams etc.:
https://twitter.com/SwissRamble/stat...66181901373442
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Always enjoyed Swiss Ramble's financial summaries. They just posted a long thread on us, how we compare to other teams etc.:
https://twitter.com/SwissRamble/stat...66181901373442
ThanksQuote:
Originally Posted by Carl Dale's Mole
Interesting that the provision for Sala is £20m!
seems like a mixed bag is my very non expert opinion
Transfer fee plus legal costs ?Quote:
Originally Posted by 19bluebirds27
Thanks for that, surprised by how high the wage bill was and our transfer receipts figure says so much about club policy since Vincent Tan took over.
#CardiffCity average attendance in 2019/20 (for games played with fans) was 22,746, which was 7th highest in the Championship. However, this was 8,663 (28%) lower than the 41,409 they achieved in the Premier League, which the club said was “a direct result of relegation”.
41,409 :sherlock:
clearly a typo as the graphic has 31,409Quote:
Originally Posted by ninian opinian
Doesn't fill one full of confidence in what they say does it, if they cant even get basic figures correct.Quote:
Originally Posted by Rjk
I think that's a bit harshQuote:
Originally Posted by dml1954
I spotted that but felt that it was obviously a typo and one in a narrative that long isn't bad - oh to live in a perfect world ehQuote:
Originally Posted by dml1954
Agreed some positives and some negatives but we also know there some expensive mistakes in the past which we will hopefully recover from with some prudent management going forwardQuote:
Originally Posted by Rjk
I wonder what Stoke and Derby are doing to have such high commercial income - more than double what we get.
That extra 6m or so would probably come in very useful in a post-parachute payment world.
Derby seem to have very high match day income as well - they do have more fans than a lot of teams, but not that much more.
the NEXT set of results (presumably around this time next year) is where we will see our revenue drop off a cliff after losing parachute money.
It seems as though in these results the club are already trying to take steps to prepare for that shock, so hopefully it won't be too bad.
It is clear though that in the season presented here we had what the 4th highest income, but we were nowhere near the 4th best side. The financial advantage we had following relegation from the premier league has been completely squandered.
In fairness to the club, at least they appear to have recognised this and have started to take steps to cut costs even during this last year of parachute money rather than going for broke to get re-promoted like some clubs and ending up with points deductions etc.
Doesn't fill one full of confidence if you can't get basic punctuation correct.Quote:
Originally Posted by dml1954
Swiss ramble has been posting great stuff on clubs finances for years it’s just a typo.Quote:
Originally Posted by dml1954
What strikes me is the lack of transfer profit on player sales in the last ten years. If we made even £5m per year ( seems the average for a championship club ) then the overall finances would look fairly stable.
yeah it's been a massive weakness for the club for years, in both our transfer policies and attitude towards bringing youth players through.Quote:
Originally Posted by TWGL1
More recently we tentatively seem to have made some improvements in both areas, hopefully the youth pipeline continues and some of the players mature into some valuable assets for the club, and the transfer policy seems to be mostly : Loans, free transfers and younger players from lower leagues who could increase in value - which seems sensible tbh.
That said some pundits thought our premier league signings of bobby Reid and Josh Murphy were very sensible business, as they were both young, potential to improve, good championship players if we went back down and if they did well in the premier league we would have got many times our initial investment for them. That obviously didn't count on a couple of seasons of Warnockball turning Murphy into a shell of a player he previously was.
Yes, the signings of 2 young talented top end championship players in Murphy and Reid did seem to make sense at the time ( even if the fees were pretty high, especially in Murphy’s case). However we seemed to not know what to do or where to play Reid and knocked any semblance of a footballer out of MurphyQuote:
Originally Posted by Rjk
I wouldn’t wish for the club to resign Bobby Reid though even if he became available ( not that we could afford him)Quote:
Originally Posted by Don Corleone
no, he's 29 now and definitely doesn't fit the description of someone who will increase in value now.Quote:
Originally Posted by TWGL1
He's had a good season though at this level, we certainly didn't use him well.
Good post. Totally agree. I have thought for sometime we have been unfortunate not to have had a quality player going out at a good price each season or two. The instances we have been in such a position over the years I.e, Zahore, Etheridge, Marshall and most recently Moore. The club decided to show some ambition, avoid fan uproar and hang on to them. Only to see their value dwindle and in some cases get slatted for not selling them earlier for better money. Damned if they do and damned if they don't. I wonder what sort of financial position the Jacks would have been in, if they had not been knocking quality players out for big bucks over the years.Quote:
Originally Posted by TWGL1
Spedger
I agree with your general point, but Ken Zohore was sold to WBA for a reported £8m. That was genius by the club!Quote:
Originally Posted by Sloop_Jon_Bee
I know it was a few seasons back but Joe Mason to Wolves was a hell of a deal for us.Quote:
Originally Posted by jon1959
We could have probably got 20 for him at his peak.Quote:
Originally Posted by jon1959
He was phenomenal
And we got promoted. It was worth holding onto him.Quote:
Originally Posted by WJ99mobile
Imagine we'd gotten the best out of Zohore, Murphy and Decordova-Reid in the premier league - 20-30m eachQuote:
Originally Posted by WJ99mobile