Last summer's transfer window

Discussion in 'Bulletin Board' started by stairfoot.red, Mar 19, 2022.

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  1. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    For sure. We’ll be up there. Commercial revenue, alongside ticket revenue, when you average one of the top eight attendances will dictate that. It’s not like all the other clubs are aloft with cash and posting amazing financial results.

    Also one year of parachute payments or allowances isn’t there?
     
    Loko the Tyke, Mar 20, 2022
    #101
  2. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Everyone expects players to be moved on. It happens to almost every club that gets relegated.

    Also some of the saving will be in regards to the wage budget as that will be dictated by revenue. Forgive me if I’m wrong, but we don
    T need to find that number you mention because some of will be found in the decline in expenditure?
     
    Loko the Tyke, Mar 20, 2022
    #102
  3. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    But our revenue is relative to the other teams in the division. You really expect our budget to be less than a Lincoln or an MK Dons? Even Oxford aren’t rich in financial terms. We won’t be losing 5k season tickets vs. the last time we were in the division, so it’s all relative again.
     
    Loko the Tyke, Mar 20, 2022
    #103
  4. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Who are these people thinking we’ll be big hitters financially?
     
    Loko the Tyke, Mar 20, 2022
    #104
  5. YT

    YT Well-Known Member

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    In fairness buddy, it was never said that "the club's whole focus is on making money from player sales". That's what you've posted, not what was said.

    Khaled was replying to a question at the time about why we changed the approach in terms of direct football, to a more progressive, passing game, because "last season was successful".

    The bloke doesn't have English as his first language and he's since admitted he replied badly, when he asked how successful was it really, considering we didn't receive bids for those players playing that brand of football. It was his response to the difference in football 'brand', not a statement about the club's direction.

    Appreciate the respectful conversation, I don't tend to get involved on here much these days, for fear of 'debates' going a different way.

    I'm off out now, but I'd implore all that care about BFC to attend the next game and get behind the lads.

    x
     
    YT, Mar 20, 2022
    #105
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  6. SFOTyke

    SFOTyke Well-Known Member

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    And from my recollection, Novices hasn't even started a game yet. ;)
     
    SFOTyke, Mar 20, 2022
    #106
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  7. Jimmy viz

    Jimmy viz Well-Known Member

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    Well one of them would seem to be you but you are doing that thing where you say something and then get defensive when people point it out to you and deny you said it.
     
    Jimmy viz, Mar 20, 2022
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  8. shed131

    shed131 Well-Known Member

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    Yes I guess he has but you can't get away from the sentiment of the actual situation which speaks volumes.. couple that with the deafening silence of Paul Conway and there you have it in a nutshell .... the fact that both parties( fans/ them ) have a different measure of what is deemed a successful season. No matter how impartial you try to be ...this season has been a complete disaster for the club both on and off the field
    The gravity of it all in my opinion puts the future of the club in danger under the directive of these present owners.
    The sooner they go the better.

    Yes we are not down yet but it's starting to look like the trap door is ajar....
     
    shed131, Mar 20, 2022
    #108
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  9. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    I’m not being defensive. Was a genuine question.

    I haven’t actually said it, but true to form Jimmy you double down rather than be like ‘Hands up. Yeah you’re right’.
     
    Loko the Tyke, Mar 20, 2022
    #109
  10. Arc

    Archerfield Well-Known Member

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    That’s my point, if we have the biggest budget we haven’t moved anyone on.
     
    Archerfield, Mar 20, 2022
    #110
  11. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Khaled was pretty clear that position in the league defines a successful season and relegation would be a failure. But he said you can judge it in two different ways, in terms of player development during a season which is ultimately a failure. I don’t see anything wrong with that context personally.
     
    Loko the Tyke, Mar 20, 2022
    #111
  12. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    As an FYI nobody said biggest budget? Top 8 means we could be squeaking in to the top c. 40%

    We can still maintain that level of budget with moving players on. The doom and gloom monger era talk like we’re a rotten club, which just isn’t the case.
     
    Loko the Tyke, Mar 20, 2022
    #112
  13. Arc

    Archerfield Well-Known Member

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    @Loko the Tyke please understand what the accounts are telling you.

    I admire your optimism but financially the club is in serious trouble. what level of wage bill do you think puts you top 8 in league one?

    Ipswich £12.9m, Sunderland £16m. If the club maintain a payroll above £6m without player sales in league one the club is losing money. Current payroll is £14.3m.

    That’s without paying off the EFL loan of £3.6m
     
    Archerfield, Mar 20, 2022
    #113
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  14. Old

    Old Gimmer Well-Known Member

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    I certainly admire your optimism!!
     
    Old Gimmer, Mar 20, 2022
    #114
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  15. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Where you lose me is when you keep saying without player sales and natural wage bill reduction. Literally nobody would expect us to not move anyone on. We have two years to pay that loan I think, so allocating it to next season it’s £1.8m?
     
    Loko the Tyke, Mar 20, 2022
    #115
  16. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    It’s not really being optimistic. It’s just about the league we’ll be in and the competition around us.

    Budget is probably one that you can be quite factual about? Without really knowing all the details, so still speculating.
     
    Loko the Tyke, Mar 20, 2022
    #116
  17. Arc

    Archerfield Well-Known Member

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    Let me just try to explain why it’s bad.

    Last year losses of £4.3m. Despite the fact that the majority of the season was behind closed doors, TV revenue, grants and season tickets sales meant it had minimal impact financially.

    This year, nobody moved on similar budget expect another loss of circa £4m. There is £3.4m cash on balance sheet which can help sustain this years losses. So accumulated loses since take over of £12m

    So going in to next year, even if they manage to push back the EFL payment there is £3.4m of debt and no cash. Staying in the Championship with the same budget, same players means another loss of £4m and the need to find loan repayment. Player sales required of around £9m to balance the books.

    Relegation to league one means a reduction in revenue of £6m. Say the wage bill is £8m it means the club needs to make net profit on player sales against what they are held on the books of roughly £7m say £9m gross.

    I just don’t see where we get £9m from the current crop of players. Anything less means cutting the budget further.
     
    Archerfield, Mar 20, 2022
    #117
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  18. lk3

    lk311 Well-Known Member

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    Just had a quick look on here at what has been spent by L1 clubs and it amounts to very little, most clubs seem to have gone down the loan route, which suggests it may be more about what you can spend on wages than transfers.
    Appreciate it may not be 100% correct but it gives a good indicator of level of money being spent at that level.

    Interesting SW & Sunderland touted on here as big budgets spent very little in transfers.

    https://www.transfermarkt.co.uk/league-one/transfers/wettbewerb/GB3?saison_id=2021
     
    lk311, Mar 20, 2022
    #118
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  19. lk3

    lk311 Well-Known Member

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    Personally can’t see many clubs meeting the deadline over the EFL loan, think it’ll be pushed out further personally.
     
    lk311, Mar 20, 2022
    #119
  20. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Budget in League One really just relates to what you’ve got for your wage bill.

    Challenge with Sunderland in the past has been a budget/wage bill millions ahead of other clubs, but being eaten up by two or three on the £50k a week numbers (£2.5m a year). I think they’re close to exiting most, if not all, of those contracts now.
     
    Loko the Tyke, Mar 20, 2022
    #120
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