Financial situation at the club


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Mowgli

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Anybody on here have any idea about this sort of stuff, the accounts etc? It's something I find very worrying, I understand about us having to live within our means and that. But is there anything on the horizon to suggest a stable, more secure future for the club.

Let's say we defied the odds and stayed up, next summer we will have 10 out of contract before even considering selling others. We are going to have to replace these but I doubt we have the money to do it. I'm expecting another summer like te last one, so staying up could possibly just delay relegation for another year.

Should we go down, people keep saying have a clear out an rebuild but would we be any better off financially then? We have got ourselves in a terrible situation through years of mis-management and I can't see anything but relegation.

I would love to know what the clubs plan is long term here. I suspect turning a profit and finishing 17th or above but even that looks a stretch ATM.
 
Anybody on here have any idea about this sort of stuff, the accounts etc? It's something I find very worrying, I understand about us having to live within our means and that. But is there anything on the horizon to suggest a stable, more secure future for the club.

Let's say we defied the odds and stayed up, next summer we will have 10 out of contract before even considering selling others. We are going to have to replace these but I doubt we have the money to do it. I'm expecting another summer like te last one, so staying up could possibly just delay relegation for another year.

Should we go down, people keep saying have a clear out an rebuild but would we be any better off financially then? We have got ourselves in a terrible situation through years of mis-management and I can't see anything but relegation.

I would love to know what the clubs plan is long term here. I suspect turning a profit and finishing 17th or above but even that looks a stretch ATM.
How about we sign 4 or 5 quality players to replace the 10? We could always promote some of the young uns (bought last year or already here developing)
 
The situation is Ellis is absolutely loaded and seems to like us and people still want him out.SAFC is just a little hobby to mention across the dinner table for him as far as cost goes.Long live Ellis
 
How about we sing 4 or 5 quality players to replace the 10? We could always promote some of the young uns (bought last year or already here developing)
Is that even possible though?

We sold mignolet ad sessegnon last year to fund the additions. We don't have that luxury now
 
Main thing for me is let's get rid of the f***ing deadwood dross that are a noose round our neck and let this manager start to remodel the squad his own way and bring in players that fit his way of playing.
That's it for me - whatever division we're in.
We won't be turning a profit any time soon whatever division we're in. We need to keep costs in check relative to turnover and I'd imagine paying more realistic wages commensurate with where we are as a club will help with this, as will increasing revenues.
This isn't the main thing for me though, I'm a football fan first and foremost and want to get back to watching players where it at least means something to wear the shirt.
 
We always seem to post losses of around the £25m mark.

The exception was the year we sold Bent for £24m, think we "only" made a loss of around £8m then.

It is worrying, considering most of that is hoovered up by the greedy useless twat players in wages they don't deserve.

Luckily Short is a billionaire who can keep plugging the gap, he comes in for some stick but without him the club wouldn't be here. The thing with him is he has surrounded himself with a bunch of f***ing numpties who know the square root of fuck all about football.

Relegation to the Championship with the reduced revenues that would bring would have dire consequences I fear.
 
Anybody on here have any idea about this sort of stuff, the accounts etc? It's something I find very worrying, I understand about us having to live within our means and that. But is there anything on the horizon to suggest a stable, more secure future for the club.

Let's say we defied the odds and stayed up, next summer we will have 10 out of contract before even considering selling others. We are going to have to replace these but I doubt we have the money to do it. I'm expecting another summer like te last one, so staying up could possibly just delay relegation for another year.

Should we go down, people keep saying have a clear out an rebuild but would we be any better off financially then? We have got ourselves in a terrible situation through years of mis-management and I can't see anything but relegation.

I would love to know what the clubs plan is long term here. I suspect turning a profit and finishing 17th or above but even that looks a stretch ATM.

Since gaining promotion back to the Premier League, the club has been run very poorly. Iirc for every £2 the club brings in, it spends £3
 
Is that even possible though?

We sold mignolet ad sessegnon last year to fund the additions. We don't have that luxury now
I reckon next year's squad has to be less bloated than this years, and some of the 'future prospects' have to be called on.

I would dearly love to be contributing next year to threads about how Laing and Egan have saved us a fortune
 
We always seem to post losses of around the £25m mark.

The exception was the year we sold Bent for £24m, think we "only" made a loss of around £8m then.

It is worrying, considering most of that is hoovered up by the greedy useless twat players in wages they don't deserve.

Luckily Short is a billionaire who can keep plugging the gap, he comes in for some stick but without him the club wouldn't be here. The thing with him is he has surrounded himself with a bunch of f***ing numpties who know the square root of fuck all about football.

Relegation to the Championship with the reduced revenues that would bring would have dire consequences I fear.
Our costs would be drastically reduced too mind.
 
Nobody on here will know the latest position. The last accounts showed a £27m loss. Wage bill of approx £65m I think turnover was £77m.
That's from memory.

I think our big issue is the wage bill with ffp we can't increase our wage bill by more than £4m per season. It's slightly more complicated than that but you get the picture. We also can't make losses if more than £105m over 3 years iirc.

The new tv deal increases the money going to clubs however the club have made it clear that is to be used to reduce our reliance on short.

Hopefully with 10 decent wage earners out of contract we will have a lot more room to bring in new players. I am hopeful we can get a lot more value for money than we have been.
 
Is that even possible though?

We sold mignolet ad sessegnon last year to fund the additions. We don't have that luxury now
You couldn't deny mignolet a chance to join Liverpool, could you? I think with sess, he fell foul of di canio. Maybe ellis didn't trust di canio with money, but felt obliged to give him a go, after we avoided relegation. I think he even said similar in his programme notes after he sacked him.
 
How about we sign 4 or 5 quality players to replace the 10? We could always promote some of the young uns (bought last year or already here developing)

Just as it been for the last 4 or 5 seasons, any purchases will come from Shorts pocket.
 
Our overall net spend wont be that high for the entire stay in the prem, its the wages weve dished out on shite thats cost us. Also we seem to struggle like fuck to gain elsewhere like other clubs. As for where we should be as a guess we should be way better off with all the shit out of contract, its up to short if hes had the stomach to fund transfers.
 
Nobody on here will know the latest position. The last accounts showed a £27m loss. Wage bill of approx £65m I think turnover was £77m.
That's from memory.

I think our big issue is the wage bill with ffp we can't increase our wage bill by more than £4m per season. It's slightly more complicated than that but you get the picture. We also can't make losses if more than £105m over 3 years iirc.

The new tv deal increases the money going to clubs however the club have made it clear that is to be used to reduce our reliance on short.

Hopefully with 10 decent wage earners out of contract we will have a lot more room to bring in new players. I am hopeful we can get a lot more value for money than we have been.
We can't really moan about the £4m thing though, it was proposed and pushed to the PL by Short himself.[DOUBLEPOST=1388752476][/DOUBLEPOST]
Very true, we need to make a fist of getting back up before the parachute payments dry up though.
Season ticket holders will be through the floor.
 
There will be a lot of deadwood on big money off the wage bill, and relegation clauses will come in to effect for those still under contract. I'd imagine we'd probably re-coup half of what we paid on Fletcher & Johnson, and maybe the full amount on Giaccherini.

I think that would give us a fairly clean slate with around £15-£20m from that, plus parachute payments, Short really needs to put faith in Poyet, and give him the funds to actually build a squad (which i believe he is capable of doing).

Given the situation over the past few years, i've no doubt that we will have a barrage of loans to fill the gaps instead.
 
ES Short is a billionaire. Just think about it. The best % rate we can get is around 3%. 3% of a billion is 30million. Fair enough it's not all cash but I would have no doubt that someone in the business he has been in will be raking in a hell of a lot better rate than 3%. It's his decision how much he spends on the club but don't fear. We ain't about to explode financially.
 
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