Lots of media reports saying Mawson to Fulham for £25million

Kerching

 

Good news if it happens. thought he was out after knee surgery.

Hopefully there’s no reason that transfer revenue received wouldn’t be reinvested into the playing squad (fees and wages) so if we got £2m extra then it should mean we could spend £1m on a couple of players and pay them close to £5k a week each for 2 years so won’t have impacted our FFP at all as wages would be covered by the revenue received. £2m can buy a hell of a lot at L1 level.

 

Think he is close to a recovery regarding his injury.

 

If we do get a windfall we should be offering Bradshaw a new deal and get Luke steel back in the building

 

Nah.... it'll all be covered up and undisclosed.

 

Don't think you can pay wages from transfer fees.

 

THink it can under salary cap protocol.

Profit made on player sales is included within the definition of turnover, but only at the point of receipt.

Turnover definition

Under the SCMP rules, the definition of 'Turnover' is particularly important as Turnover is used to determine the maximum wage-spend. Within a traditional accounting perspective, there are usually only three elements of turnover:

• Match-day Income
• Commercial Income (such as sponsorship)
• TV revenue (and any 'merit payments' based on league position)

However the Football League use a is broader definition of Turnover. Crucially, the FL Turnover figure includes donations from the owners to the club and injections of equity. Loans from club owners are understandably not included in the Turnover figure as these would result in growing club debts. up club debts. In League 1 and League 2, a wealthy owner can therefore fund the club spending in a way that is not permitted in other divisions. Manchester City and Leicester for example seem set for punishment for their excessive losses (from UEFA and the Championship respectively) despite the fact that the owners have injected hard cash into the club to finance the spending.

Profit on player sales

Any profit made on player sales is included withinTurnover on a cash basis when the instalments are received.


Also interesting is our owners could inject equity into the club in League 1. If they so fancied.

 

Its much more difficult to extract equity, hence why most capital invested is done so in the form of loans after an acquisition. They can also generate interest on a loan or credit line too, and be repaid at any given time if cash is readily available to do so. I very much doubt we'd see any form of additional capital, or "gift" from the new owners. I get the feeling they've personally paid all the money as part of the club acquisition. Not a bad thing necessarily, just very different to how most clubs have received wealthy owners.

 

Ah reight. I was under the impression that income from transfer fees and prize money couldn't be counted as "turnover" because it wasn't guaranteed. Obviously there's ways around many things in football but the further down the pyramid you go the more any "wrongdoings" seem to be punished. Like Accrington with the Big Macs.

 

I’m not too fussed really if they gift us money or not. Think long term financial security of a well run club is a higher priority.

Just so long as they cover the money PC did gift every year to keep the academy going will please me. If they try to reduce other areas of spend to cover that lost income I think that would be poor. Sure they wouldn’t though.

 

We’ll have to wait and see I guess, I would be surprised if they have bought us for reason 1 given their collective wealth the ROI against risk is fairly minimal. We may never unearth another Stones or Mawson. Regards point 2 I would be happy for the club to be run financially sensibly. Big advocate of self sustaining.

 

It’s only profit that can be spent, not total transfer fee. So if we spent £500k on Knasmullner and sold him for £600k assume it’s only the increase in capital plus any depreciation in asset value (not much in 6 months) that could count towards the turnover calculations. The Mawson sell on should all be profit. And can only be spent when money recieved (avoid clubs defaulting and leaving you short I assume)

Think rules were different in championship under FFP but I’m not sure.

 

My concern is that there hasn't been any indication of a great deal in terms of investment, plans, cuts from relegation, or how budget shortfalls are being covered, nor how additional revenue streams could be utilised.

My inkling is relegation has stopped any plans, it might have even come as a surprise (again we don't really know), so til we get back into the Championship (and who knows how long that may be), we'll see minimal investment and we'll just tick over.

I'm more of the expectation that they'll look at any academy investment from the central pot, and not donations. But seeing as they are very quiet, its impossible to know. The other thing that is a concern (and not expecting Gally to comment, and probably best he doesn't), is that Gally has been a bit more critical, which probably suggests silence and a freezing out of connection with the supporters club. All insinuation on my part, just reading between the lines.

 

It’s not entirely clear, and doubt it will be until the 18/19 accounts are out which will be some wait. I have heard that our budget is lower, as Gally has previously posted, than previous seasons in League 1. Which may be down to the fact they aren’t covering the money PC used to inject. I don’t know, but would be interesting to hear. Perhaps a fans Forum with GG and Robert Zuk could help, but not sure the owners would want to divulge too much. All we really know is they won’t go crazy.

 

Can't see it being an issue if we want to fund player contracts over a two or three year period and that income will pay throughout the duration, meaning any drop in income would be largely irrelevant. I can stil see the FL having a problem with it. To my mind it seems that the more money you have the more you're allowed to waste on top of that.

 

We have already lost £6m from the top line due to relegation.

I don't believe Cryne injected any cash during the last two seasons as he didn't need to, and we still had the smallest wage bill in the division.

 

Shame that there isn't/hasn't been an event like we had with Patrick, manager and CEO. Can understand why with the manager needing to brush up his English, but i'd hope something like that could be done again in future. A very simple but engaging thing between club and supporters.

 

Agree those events are a brilliant link between supporters and the clubs owners/management. I think it would be some time until DS is ready for that kind of public forum (without interpreter), and not sure if the new owners are particularly interested in engaging with the fans. They don’t at Nice, so doubt we are higher on their priority list.

 

This is my concern. If such things wither away and aren't used to engage, the Barnsley faithful don't need much excuse to use it as a stick to beat them with if things don't go well. If we see even less openness, even less communication and engagement, coupled with poor performances and a lack of investment... its easy to consider the change from previous ownership as a negative thing.

Though there were many things that were done poorly under the previous regime, there were times when we had considerable openness on the few instances Cryne did speak. I don't think we'll get anything close to that again, and that might be a stark difference that many dislike as we go forward.