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Donald on our January budget

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Botchie said:
Let's wait and see marra. I remember Bain doing a similar interview two years ago and knew we wouldn't spend a bean. Circumstances can change.
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The thing that kind of worries me is if we do go up. Revenue won't suddenly jump imo... attendances may slightly rise but not full houses. Parachute payments will be even less and tv money isn't a significant amount more.
 
janey said:
I don’t use the word hate often, except to describe cancer, because it’s a strong word, but I’m seriously verging on using it to describe these two parasites.
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Frustrating but sooner or later they will be gone. I’m sure the club will be doing everything possible to offload them the moment the transfer window opens in January.
 
jsdftm04 said:
The thing that kind of worries me is if we do go up. Revenue won't suddenly jump imo... attendances may slightly rise but not full houses. Parachute payments will be even less and tv money isn't a significant amount more.
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Satori will take a bigger percentage, or even buy the club outright I reckon.
 
Botchie said:
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When we came in, we basically did a budget that said we’d have £10m in wages and we’d probably have to spend £4m tidying up contracts, the Jack Rodwells, etc. The reality is that we actually spent zero tidying up contracts but that money is worse than that because we haven’t been able to get rid of Ndong, Djilobodji and a couple of others. So we are way, way over that. That’s bad news.

We’ll see where we go with Papy and Ndong but the rest of the squad with the players that we’ve got, I think we’ve got the wage bill down from £20m odd, excluding those two, the existing squad is down to £11m. We’ve managed to halve it and the new squad has cost about £3m to put together.

That tells you the challenge that we have because in this league £3m-4m is a decent wage and a £5m-6m budget and you’re at the top. We’ve spent that on players, the £3m-4m, but we’ve still got £11m in the existing squad, although we don’t have £11m worth of value probably.

With League One revenues, even with 30,000 fans, that’s not sustainable. We’ve had one window, so over the next couple of windows we are going to have to try and improve that but the problem is that it has left us with almost no wiggle room.

January is going to be a challenge for us because of what we’ve got in our squad.
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We are not going to get promoted end of our midfield has no physicallity or pace and the defence is not good enough.
 
Depressingly honest.

That said, I think we have enough to get promoted without further recruitment in January. The problems will come quickly if that doesn't happen though.
 
Botchie said:
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When we came in, we basically did a budget that said we’d have £10m in wages and we’d probably have to spend £4m tidying up contracts, the Jack Rodwells, etc. The reality is that we actually spent zero tidying up contracts but that money is worse than that because we haven’t been able to get rid of Ndong, Djilobodji and a couple of others. So we are way, way over that. That’s bad news.

We’ll see where we go with Papy and Ndong but the rest of the squad with the players that we’ve got, I think we’ve got the wage bill down from £20m odd, excluding those two, the existing squad is down to £11m. We’ve managed to halve it and the new squad has cost about £3m to put together.

That tells you the challenge that we have because in this league £3m-4m is a decent wage and a £5m-6m budget and you’re at the top. We’ve spent that on players, the £3m-4m, but we’ve still got £11m in the existing squad, although we don’t have £11m worth of value probably.

With League One revenues, even with 30,000 fans, that’s not sustainable. We’ve had one window, so over the next couple of windows we are going to have to try and improve that but the problem is that it has left us with almost no wiggle room.

January is going to be a challenge for us because of what we’ve got in our squad.
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Fookin billshit.....30k through the gate, 40m in parachute payments...

Taking the Fookin Piss....
 
CissesUnderpants19 said:
True enough, but if we don't we are for warned by the owner, this is why i like the new way of doing things better, he's telling us straight and i am happy with that.
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He did also say...

"We’ve got to get ourselves into a position whereby if Jack needs something in January we are in a position to do it. There is going to be some work needed in January to make sure that happens."

Some of the legacy payments are ridiculous, he mentions having to write a cheque to Everton recently for Darron Gibson.
 
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