We need to spend.

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Gaz said:
Our wage bill is huge for league 1, the rules say it has to be reduced. The emphasis is on doing that before spending money

The wage bill is the problem, not the fees imo. Maybe they are finding it harder to shift players than they thought
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We've already reduced it a lot. Likes of the loanees going back, the wage cuts coming in then Wilson, O'Shea. Rodwell, Lua Lua all left along with McNair who went for 5 mill.

Still a way to go yes but can't see it stopping us signing players. Especially when Donald has said he's willing to keep players in the reserves for the rest of their contracts if need some be. We are in need of quality attacking players & our window shuts before the foreign window does so we're in a difficult position.
 
sksk3021 said:
We won’t be anywhere close to breaching those wage rules though. Aren’t you expecting our turnover to be £55m?
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The parachute won't last forever, and if we just replace very expensive players with lightly less expensive players, then all we do is store up future problems, because if we don't hit the PL two years from now, we'll be subject to L1/Championship FFP rules with a turnover of around £20m. The new owners are scaling back now to prevent problems then. You don't need players on £15k a week to get out of this league.
 
Grumpy Old Man said:
The parachute won't last forever, and if we just replace very expensive players with lightly less expensive players, then all we do is store up future problems, because if we don't hit the PL two years from now, we'll be subject to L1/Championship FFP rules with a turnover of around £20m. The new owners are scaling back now to prevent problems then. You don't need players on £15k a week to get out of this league.
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Don’t disagree with any of that, but we aren’t cutting the wage bill because we are breaching the rules, we are cutting it because it’s a sensible approach.
 
sksk3021 said:
Don’t disagree with any of that, but we aren’t cutting the wage bill because we are breaching the rules, we are cutting it because it’s a sensible approach.
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But the owner said he wants the club to be financially strong without relying on the parachute payments. That means huge cuts still in the wage bill
 
Grumpy Old Man said:
The parachute won't last forever, and if we just replace very expensive players with lightly less expensive players, then all we do is store up future problems, because if we don't hit the PL two years from now, we'll be subject to L1/Championship FFP rules with a turnover of around £20m. The new owners are scaling back now to prevent problems then. You don't need players on £15k a week to get out of this league.
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You're wasting your time tonight marra. The usual suspects are out in force, knocking one out on their misery.
 
Gaz said:
But the owner said he wants the club to be financially strong without relying on the parachute payments. That means huge cuts still in the wage bill
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Exactly, it’s a choice and probably the correct one, certainly long term.
However we are going to have to sign a lot more players, if we can’t shift some of the big earners it’s going to be a very difficult situation.
 
Steeeeed86 said:
Told we could.
Made bids for players , but so far only free transfers ( needed for the numbers )

We want out of this league, we NEED to pay for quality. Simple as that.

And it’s not that early all things considering ....
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It sounded to me on the last podcast that Donald was saying we can't spend until we move on some of the high earners. It sounds like that's finally happening so hopefully next week we will start to shape the squad properly
 
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