The Rafa Miracle


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£278M invested in the club, that is some sizeable amount of cash...yet there seem to be plenty claims that he has done nothing for the club.
 
Maybe there should be a thread on here discussing that?
Here mate,I don’t read every single thread on here. I just pop on between jobs sometimes. I’ll make sure I check all threads and drop you a pm to make sure my posts ok with you. Sorry for your inconvenience at having to reply to a post that didn’t meet your higher than high standards
 
Even if you accept the alternative analysis - which i don't (i go with the Accountants who produced not the accounts) - Rafa still had triple the wage bill of Brighton and Huddersfield and higher than Bournemouth and Burnley in the league above.

Twas a miracle

Read this a few times and I’m still not sure what it’s supposed to mean.
 
Read this a few times and I’m still not sure what it’s supposed to mean.
You know what he was getting at.

Are you suggesting that the auditors have produced misleading figures and these misleading figures have been signed off by Lee Charnley?

If you are, I'd be a bit cautious, if I were you.
 
Rafa has not improved a single club he has been at he’s like fat Harry a cheque book manager.
 
You know what he was getting at.

Are you suggesting that the auditors have produced misleading figures and these misleading figures have been signed off by Lee Charnley?

If you are, I'd be a bit cautious, if I were you.

No, I’m suggesting the accounts don’t report a wage bill in the excess of £110m, which they don’t.

That figure includes a provision of over £30m. It’s not the ongoing wage bill for the year.
 
As we all know Rafa pulled off a miracle getting nufc promoted. It is clearly ridiculous the Mags dont spend the same or more than Burnley for example. The problem with this is fans only look at 'fees. The following are wages from the year end summer 2017 when nufc were in the Championship.

Team Wages

Leicester £113m PL and CL
Nufc £112m Championship
Everton £105m PL
Swansea £99m PL
Stoke £85m PL
Bournmouth £72m PL
Burnley £61m PL
Brighton £28m Championship
Huddersfield £23m Championship

Think about that Rafa in the Championship had a higher wage bill than Everton in the PL and was spending £80m a year more than teams coming up from the Championship. His wage bill was almost identical to a squad who had just won the PL and was competing in the CL.

Mike Ashley has a club with the 7th biggest crowds in England, with the 8th biggest wage bill who finished 10th in the PL

Can't see this being accurate imo unless they've had a massive clear out of high wage players. Their annual wage for last season was just over £40,000,000 as far as I can tell.

Unless you were taking into account the tranfer fees too? If so, surely Everton would be higher than Newcastle.

Edit: Source: Newcastle United F.C. 2018 Salary Cap
 
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The wage figures for last season will be the main indicator. We will obviously still be a fair bit higher than the likes of Burnley, Brighton and Huddersfiled and I'd imagine 8th or 9th overall.
 
It's funny how the Mags don't realize that the £90m that Ashley paid for House of Fraser isn't his money but money from his retail business and the money raised or funded by that? His personal wealth and what his assets are worth are 2 different things! The money that is coming into NUFC is going towards running the of the club. Clubs are spending the TV money from next season this season and we all know that throwing good money after bad will lead to trouble.
 
Read this a few times and I’m still not sure what it’s supposed to mean.

Yeah - there was an extra 'not' in there. I agree with how the accountants have calculated Wage cost. Even if you take the 'Steve Wraith' analysis - they still spent more than PL clubs and multiples of Championship rivals.

I have a degree of sympathy that Rafa inherited over paid crap players on inflated wages (we know this ourselves can be draining) but the fact is MA still has to meet the wage bill. The criticism of Rafa is that he added to that problem. Players signed over the last two years on 4 year contracts are hard to move on - Gayle classic example (PL wages, too good for Championship, not good enough for PL on a 4 year deal).
 
Yeah - there was an extra 'not' in there. I agree with how the accountants have calculated Wage cost. Even if you take the 'Steve Wraith' analysis - they still spent more than PL clubs and multiples of Championship rivals.

I have a degree of sympathy that Rafa inherited over paid crap players on inflated wages (we know this ourselves can be draining) but the fact is MA still has to meet the wage bill. The criticism of Rafa is that he added to that problem. Players signed over the last two years on 4 year contracts are hard to move on - Gayle classic example (PL wages, too good for Championship, not good enough for PL on a 4 year deal).

So the £80.3m then?

Who’d have thought that a team with a relatively long term in the top division would have a salary level in line with the top division in their first year out? I’d imagine Aston Villa’s to be comparable (I haven’t got their figures to hand)

You’d expect that. Just, as a comparison, you’d expect Sunderland to have the same when next year’s accounts are published.
 
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Can't see this being accurate imo unless they've had a massive clear out of high wage players. Their annual wage for last season was just over £40,000,000 as far as I can tell.

no it wasnt

Unless you were taking into account the tranfer fees too? If so, surely Everton would be higher than Newcastle.

Clubs accountants categorise salaries and transport amortization in the same way

Edit: Source: Newcastle United F.C. 2018 Salary Cap
 
It's funny how the Mags don't realize that the £90m that Ashley paid for House of Fraser isn't his money but money from his retail business and the money raised or funded by that? His personal wealth and what his assets are worth are 2 different things! The money that is coming into NUFC is going towards running the of the club. Clubs are spending the TV money from next season this season and we all know that throwing good money after bad will lead to trouble.
Exactly. They are as thick as shit
 
It's funny how the Mags don't realize that the £90m that Ashley paid for House of Fraser isn't his money but money from his retail business and the money raised or funded by that? His personal wealth and what his assets are worth are 2 different things! The money that is coming into NUFC is going towards running the of the club. Clubs are spending the TV money from next season this season and we all know that throwing good money after bad will lead to trouble.

Sports Direct made £77m profit last year, it doesn’t lend true that they would have £90m surplus to buy another retailer.

Granted I don’t know how his other businesses are faring but Sports Direct is his main one.
 
It's funny how the Mags don't realize that the £90m that Ashley paid for House of Fraser isn't his money but money from his retail business and the money raised or funded by that? His personal wealth and what his assets are worth are 2 different things! The money that is coming into NUFC is going towards running the of the club. Clubs are spending the TV money from next season this season and we all know that throwing good money after bad will lead to trouble.

It doesn't fit their agenda to accept that this will be the case. Why let common sense and an educated standpoint get in the way of pissing your pants and carrying on like a child?!
 
So the £80.3m then?

Who’d have thought that a team with a relatively long term in the top division would have a salary level in line with the top division in their first year out? I’d imagine Aston Villa’s to be comparable (I haven’t got their figures to hand)

You’d expect that. Just, as a comparison, you’d expect Sunderland to have the same when next year’s accounts are published.

no i said i accept the figure in the accounts. but if you want to put forward that figure it was still more than Burnley and Bournemouth in the PL and over 3 times your competitors in the Championship.
 
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