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Transfer spending?????
Topic Started: Aug 2 2005, 02:22 PM (1,522 Views)
Deleted User
Deleted User

Whilst blues have done us proud in buying forsell , pandiani, pennant nafti etc for an approx spend of £8.5m , we have however sold savage, gronks, blake and carter for a combined approx £7m. which means in effect we have only spent £1.5million in the close season

the number of season tickets sold has increased big time compared to this time last year plus the cost of them has increased which covers the £1.5million

2004/5 season was our worst in premier, and the squad we have now is exactly the same we finished last year with , except for the additionof Forsell

My question is WHERE HAS THE SKY/TV MONEY GONE/GOING? when we cant even spend £75,000 on the women

not moaning, just want to know where its gone:?
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turunc
Frank Worthington
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wildybeast
Aug 2 2005, 02:22 PM
Whilst blues have done us proud in buying forsell , pandiani, pennant nafti etc for an approx spend of £8.5m , we have however sold savage, gronks, blake and carter for a combined approx £7m. which means in effect we have only spent £1.5million in the close season

the number of season tickets sold has increased big time compared to this time last year plus the cost of them has increased which covers the £1.5million

2004/5 season was our worst in premier, and the squad we have now is exactly the same we finished last year with , except for the additionof Forsell

My question is WHERE HAS THE SKY/TV MONEY GONE/GOING? when we cant even spend £75,000 on the women

not moaning, just want to know where its gone:?

Totally agree with you Wildy on this one have just posted something similar on another thread although forgot the money got for Gronks, which makes it even worse.

Eh no wonder were the most profitable club in the Prem!!!!
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alfboy
Garry Pendrey
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Maybe the board finally see us as self-providing rather than them having to stump up their personal money for transfer fees?!

I don't know, but I'm disappointed with the summer spending. Not the players brought in, I'm elated with Forsell and Pennant and with the addition of Pandiani we now have 3 forwards who can score goals, something we haven't had since being in the premiership.

Maybe the money is being saved in case someone big becomes available towards the end of the window? I don't know.

What I do know and what annoys me is that it doesn't seem that the massive hike in my season ticket price has been spent!
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DANY
Geoff Horsfield
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Im wondering whether weve had to pay another big installment of the Heskey money this summer seeing as the finances do appear a bit tight.

Lets not forget weve spent more than most though:

Ins:
Forssell = £3m
Pennant = £3m
Pandiani = £3m
Nafti = £1m

Outs:
Savage = £3m
Carter = £1.6
Blake = £1m

There are many teams in the prem who would be chuffed to have done the business we have done.
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alfboy
Garry Pendrey
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Maybe the teams that I would expect to finish below us would be happy (Villa et al) but the teams likely to be in our pack have spent more. Middlesboro £8m on Yakubu, Spurs have bought in a load of players and are likely to bring in davids. Charlton have brought in a lot of new players including Darren Bent who's a very good player.

Although many haven't brought in players of the quality we have, I still think that we need that one great signing to take us to the next level
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MARKYMARK981
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Mikael Forssell
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alfboy
Aug 2 2005, 02:34 PM
Maybe the teams that I would expect to finish below us would be happy (Villa et al) but the teams likely to be in our pack have spent more. Middlesboro £8m on Yakubu, Spurs have bought in a load of players and are likely to bring in davids. Charlton have brought in a lot of new players including Darren Bent who's a very good player.

Although many haven't brought in players of the quality we have, I still think that we need that one great signing to take us to the next level

why? its one player that makes a team its a TEAM effort.

We've a great team so any new players would be a bonus if not we will carry on and with the squad we have at the mo I belive we can blast our way into europe !
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Tilton_Rifle
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Minister of Silly Walks
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Wildy, dont forget that we actually sold gronks for less than we got him for, so the club lost money there.

In this close season alone we have spent about £7million (plus maybe the add ons for heskey which couldve added up to a further £2.5 mill) and sold Sav, Carter and Blake for just shy of £6million

so in reality itll be something like around £6million in and nearly £10 million out, which most clubs would be happy with.

....plus (most importantly) there is still time left in the transfer market so there could well be another addition (or more) yet.
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Deleted User
Deleted User

increases

season ticket at an average of 10% increase

15% on catering i hear

league/cup games increased

so let me work it out 10% per tick is £3.80 a game on average or £110k a match

everyone spends £2.50 on food/drink on average, more if you drink so £10875 per game increase revenue

in total £120000 a game, over 25 games inc cup games

an increased revenue of £3million over a season from fans
on top of £38 per ticket x 25 x 29000 = £27.5 million

sky money £15 million

7 games on tv before xmas £3.5million (500k a game)

Total = £ 34 million not inc corp sponsership merchandise, etc etc

players bought £1.5 mill nett. leaving 32.5 mill

20 players average wage 15 k a week (very approx) = £15 million a year + 5 million non playing staff equals £12.5million???

so where has it gone, even if im out 2 million in my maths?
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alfboy
Garry Pendrey
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MarkyMark981, one player can make a team by the effect that they have on the players around them. Look at the breath of fresh air players like Dugarry and Pandiani have brought us.

If we got a great central midfielder in who could control the game he would make the difference. This kind of midfielder doesn't come cheap, but by wildybeasts calculations we should have some cash spare.
Unless the board are looking to make an even bigger profit this season.
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Tilton_Rifle
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Minister of Silly Walks
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crikey if you're gonna go that in depth then we're gonna have to talk about advertsing costs and all that jazz, then the only way that we could solve this discussion is for KB to come on and go, here have the books for last season.

...we can but hope eh? :lol:
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TJDIXI
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Trevor Francis
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wildybeast
Aug 2 2005, 03:43 PM
increases

season ticket at an average of 10% increase

15% on catering i hear

league/cup games increased

so let me work it out 10% per tick is £3.80 a game on average or £110k a match

everyone spends £2.50 on food/drink on average, more if you drink so £10875 per game increase revenue

in total £120000 a game, over 25 games inc cup games

an increased revenue of £3million over a season from fans
on top of £38 per ticket x 25 x 29000 = £27.5 million

sky money £15 million

7 games on tv before xmas £3.5million (500k a game)

Total = £ 34 million not inc corp sponsership merchandise, etc etc

players bought £1.5 mill nett. leaving 32.5 mill

20 players average wage 15 k a week (very approx) = £15 million a year + 5 million non playing staff equals £12.5million???

so where has it gone, even if im out 2 million in my maths?

Beating the Villa home and away..........................................

PRICELESS

Aston Villa goalkeepers there for all of lifes special moments!lol
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nick_p
Kenny Burns
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I reckon the 20 players are on more than an average of 15K/week. If it's more like 20K a week then you can add an extra 5m to the wage bill for starters.

We don't know what extra payments Blues have made for players bought in previous seasons - as Dany says, we've probably paid an additional £1-2m for Heskey this summer. We might also still be paying for players like Dunn who came in 2 seasons ago.

I doubt very much the board are holding back any more than they feel strictly necessary.
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Deleted User
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the big player are on 20-30 a week but the likes of johnson, clem, clapham., upson (cause he aint signed yet lol) stan, nafti, are all below ten so averages 15k.

even if we only have 10million in the bank why not spend 2x 1million on two quality loan deals with a view to buy next year, plus 2 or 3 quality free bees like bowyer, bernard, etc etc just a bit more quality would move us up the division and increase revenues all round

oh yeah blues also got £4.8 million prize money for finishing 13th so make that £15-17.5 million in the bank
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Hooby Groovy
Frank Worthington
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Quote:
 
then the only way that we could solve this discussion is for KB to come on and go, here have the books for last season


Well you will see the books for last year - we are a PLC, they will be available when the annual report is published

I think its dangerous to start picking numbers "fag packet" style and then asking where money is, you're not privelage to half the story

A lot of the numbers I see don't include signing on fees, agent fees, medical and insurance bills, legal fees. Then there is no account for loan players - that can actually be quite costly. The point is that there are all sorts of costs associated with any business that have to be taken in to account.

I'm sure that the board are running the club extremely well, I think beginning "wheres the money" witchhunts are dangerous
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tobedeleted
Unregistered

convenient wildy to have left out salary increases not just to the playing staff, which will amount to millions, but everybody else will get minimum 3.5% increase. it all needs adding in. having said that, if i were them i wouldn't just spend for spendings sake, the RIGHT players have to be available. for all we know, sb might be sitting on a pot of £5m but cant get the right players for whatever reason...
its not always (in fact rarely) that straightforward in my experience.....
;)
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Tilton_Rifle
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Minister of Silly Walks
[ *  *  *  *  * ]
agree hooby - you could start to sound like tom cruise, and noone wants that :)

wonder when the annual report will be released, and if this thread will still be going by then
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Deleted User
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no witch hunts here, i just said we only spent 1.5 million out of an income now around 38million with prize money!!!!!

all i am asking is with all the bills at least £10 million is left. if its that much, why bother increasing season tickets???? unless we gonna buy someone.

spend the 10 million on two quality players in the next 2 weeks and i would gladly pay an extra tenner a game if i had two

oh yeah,

books can be cooked as they dont take vat returns into consideration usually on a plc , that why its called pre tax profits etc all fees are tax deductable and dont get refunded straight away
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fishblues
Kenny Burns
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I think if the right player came up at the right price and he was willing to come the money would be available.

I am sure if Parker had said he was interested in coming the money would have been there, I just dont think there is that much quality about, especially if you put in the criteria that the plyer must have premiership experience which Blues tend to set down for non loan transactions.


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Deleted User
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then why all the stories that we only have £1million left???
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DANY
Geoff Horsfield
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If you want to see where the money goes take a look at the last financial report, its no great secret, there are many costs involved that you dont realise such as police fees (just ask wigan) and legal fees.

One thing i have noticed happening in the last 12-18 months is that we seem to be reducing our debt. I believe we owed around 25m to various sullivan/gold owned companies, every six months at the moment we seem to make a healthy 5m+ profit which is allowing us to completely clear this debt in a couple of years.
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Deleted User
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which is all good, but all costs either legal , police or whatever ARE tax/vat deductable, and refunded in part by HM govn etc, so what might be 10 million on paper is in reality 6 million etc same with agents fees etc
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Hooby Groovy
Frank Worthington
[ *  *  *  *  * ]
Quote:
 
then why all the stories that we only have £1million left???


That was only a press quote, it didn't come from Blues

Why should David Sullivan, David Gold or Steve Bruce tell the press if there are transfer funds available?

I don't pretend to be "in the know" at Blues, but I am 100% convinced of the ambition of the Blues board and management

Perhaps thats naive (as gnrcoma likes to tell me), but you won't find me asking questions, I'm happy to leave it to them
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fishblues
Kenny Burns
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wildybeast
Aug 2 2005, 03:13 PM
then why all the stories that we only have £1million left???

Paper talk IMO, the club would never say how much money is left, if you say you have £10M to spend then the price will go up for every player you are interested in. The £1M must be rubbish anyway as we have already bid more than that for Euell and SB said talks are ongoing.
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Deleted User
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on rough calculations we are loaded, so why increase season tickets, i know of lots of fans who had to give up after 25 or 30 yrs because they dont have that kind of money, only to be snapped up by the prawn sandwich brigade trying to look fashionable. which is a shame
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sam jordan
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they are trying to create a solid balance sheet to go forward with, they make around £8m a yr, pre tax, after all the adjustments to transfers and re valuations etc...

u would not expect them to invest all the profits back into players, and it is not just transfer fees, the wage bill is the key to this....

i think our wage bill is in the region of £15m? per yr.... so they can only afford to buy one or two new players at £3m each and £2m wages before having to dip into directors funding again.... so it is not a bottomless pit

they have done us proud by steady and stable investment, which is only way forward
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