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Donald on our January budget

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TexasMackem said:
Not sure about that mind, you seem to be advocating spending money we haven't got again which I don't want to see us do at any level. If Juan puts money in, we owe Juan money. Same as we did to Ellis.

There's no reason why SAFC can't be successful and profitable in the championship and league one but it means we have to work really hard. We have to be better than those clubs around us both as a business (generating revenue, sponsorships and cutting costs) and as a football team (progressing young players, good old fashion coaching and scouting). We could learn from the clubs at this level who've been doing that for years, like the Fleetwood's and Oxford's.

Anyway, it's time the club stopped this trend of bringing 10+ players in and out in every transfer window as it never turns out well. It wouldn't bother me if we sold the big earners and just kept the rest of the squad together in January. Securing the future of the younger players would do for me.
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I am not advocating anything really, obviously self sufficiency is the way to do it if we can. All I am saying is nobody really has managed to actually do it successfully in the championship, so if that's the route we go down the chances are we won't get back to the Premier league.
 

sksk3021 said:
I am not advocating anything really, obviously self sufficiency is the way to do it if we can. All I am saying is nobody really has managed to actually do it successfully in the championship, so if that's the route we go down the chances are we won't get back to the Premier league.
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SD did say that they could sustain losses of around £5m per season so I don't think they expect to be entirely self sufficient. With a slashed wage bill, settled team and big crowds we could end up in a more competitive position in the championship than those still in receipt of parachute payments wrangling with so called premiership players.
 
Grumpy Old Man said:
Grumpy Old Man is just back in Bristol and knackered but ....

There is literally no point in setting up a wage structure which relies on the parachute payment this season to keep us viable.

Our income will fall by £20m next season, irrespective of whichever division we're in, and between a further £7m (Championship) or £15m (L1) the season after that, unless we're promoted back to the PL. Not cutting back to the sustainable wage level now is just postponing the inevitable, and, to be honest, now is the best time to do it.

I have no problems whatsoever with what they're trying to do. Frankly, it's the first piece of rational financial management we've seen from this club in a decade.
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So where do you think the £30 million parachute payment has gone? It's looking like they're using it to pay Ellis Short which would be completely wrong.

Surely the parachute money should be used to deal with the legacy issues with Ndong etc... as well as being sensibly invested to give us a better shot at promotion.
 
TexasMackem said:
SD did say that they could sustain losses of around £5m per season so I don't think they expect to be entirely self sufficient. With a slashed wage bill, settled team and big crowds we could end up in a more competitive position in the championship than those still in receipt of parachute payments wrangling with so called premiership players.
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Well making losses means not self sufficient. The likelihood is that if we are to get promoted back to the premier league we will need a combination of good financial management and at least some external funding obviously the idea is that the external funding is as small as possible.
 
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The state short had us in man, and to think the replies to als saying short was meant to be there yesterday but cancelled the replies were full of people replying saying they’d welcome him etc. Fuck off that kernt almost killed us man, the club has been left in a mess worse than even the biggest short critics didn’t think of.

sksk3021 said:
Well making losses means not self sufficient. The likelihood is that if we are to get promoted back to the premier league we will need a combination of good financial management and at least some external funding obviously the idea is that the external funding is as small as possible.
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Look at clubs like villa, they’ve spent a fair amount have players on loan that cost £30 m so wages must be unreal. You need a big budget to really compete at the top end of the Championship, yes you’ll get the odd club that strikes it lucky threw good scouting and academy players, but for the most part you need a fair amount of money.
 
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Mackemansj1 said:
The state short had us in man, and to think the replies to als saying short was meant to be there yesterday but cancelled the replies were full of people replying saying they’d welcome him etc. Fuck off that kernt almost killed us man, the club has been left in a mess worse than even the biggest short critics didn’t think of.


Look at clubs like villa, they’ve spent a fair amount have players on loan that cost £30 m so wages must be unreal. You need a big budget to really compete at the top end of the Championship, yes you’ll get the odd club that strikes it lucky threw good scouting and academy players, but for the most part you need a fair amount of money.
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Can’t get my head around how short employed absolute charlatans and chancers in either senior executive roles or important recruitment areas. They have absolutely made the wrong call on everything over the last 3 years of shorts time. He can’t have made the same appointments in his other businesses.
 
Mackemansj1 said:
The state short had us in man, and to think the replies to als saying short was meant to be there yesterday but cancelled the replies were full of people replying saying they’d welcome him etc. Fuck off that kernt almost killed us man, the club has been left in a mess worse than even the biggest short critics didn’t think of.
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How so?
 
Rizla said:
So where do you think the £30 million parachute payment has gone? It's looking like they're using it to pay Ellis Short which would be completely wrong.

Surely the parachute money should be used to deal with the legacy issues with Ndong etc... as well as being sensibly invested to give us a better shot at promotion.
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Where do you think the parachute payment would have gone if Ellis had still been here - it would have to gone to SBC to pay down the debt not for playing budget.
 
Fair dos, I think. I wonder why we didn't just take Papy on loan? Probably because Chelsea saw us coming.
 
Rizla said:
So where do you think the £30 million parachute payment has gone? It's looking like they're using it to pay Ellis Short which would be completely wrong.

Surely the parachute money should be used to deal with the legacy issues with Ndong etc... as well as being sensibly invested to give us a better shot at promotion.
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It's far more sensible to retain that cash within the club until it's really needed. You don't need £35m to get out of this division - why not keep it until we're in the Championship and it will be infinitely more useful. One of the main failings of the Quinn era was that any financial benefit to be gained from promotion had been spent on getting there. That left insufficient resources to fund development once we were in the PL, and the beginnings of the debt spiral that got us where we are now.

Suggestions that the parachute payments are going to Short are convenient speculation. It could happen, but it's just as likely not to. It's also likely that some of the parachute will be needed to deal with the legacy issues; nothing Donald has said would contradict that. He simply said that having to resolve all this was a headache and restricted what could be done; if some of the parachute, potentially next season's transfer pot, has to used foe them, that restricts what can be done in taking the club forward.

We won't know for sure until we've seen the accounts for both 2017/18 and 2018/19 - another 18 months.
 
AndrewP said:
Because it's never mentioned in our budget even though it's by far our biggest revenue stream? Where else are they going?
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He mentioned them in the podcast today. I think the tactic is to spend as little as possible of them in this league and get the ongoing budget As much in line with ongoing revenue as possible, about £20m he reckons.
He said we are currently using the parachute payments because we are above that budget.
Think there’s also an issue with cash flow timing.
 
Mackemansj1 said:
The state short had us in man, and to think the replies to als saying short was meant to be there yesterday but cancelled the replies were full of people replying saying they’d welcome him etc. Fuck off that kernt almost killed us man, the club has been left in a mess worse than even the biggest short critics didn’t think of.


Look at clubs like villa, they’ve spent a fair amount have players on loan that cost £30 m so wages must be unreal. You need a big budget to really compete at the top end of the Championship, yes you’ll get the odd club that strikes it lucky threw good scouting and academy players, but for the most part you need a fair amount of money.
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I seriously doubt Short set foot in the place last season.
All I read was one stupid statement from him about us striving to finish 7th in the Prem.
 
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