This Summer

Player manager !

 

Fair enough. I would hope for 25% plus wage reduction.

Do you really think Helik would be above Anderson and Styles in transfer fees?

 

Yes , he is a current international on the way to the world cup

 

Very true. I’d hope the wage reduction due to relegation would take some of that away but I guess he’s still on a large chunk for us.

I was thinking more in terms of transfer fee. If the talk of Fulham having a 50% sell on fee is accurate, that probably won’t help us too much in terms of money received to recoup costs.

 

I think we need to hang onto Woodrow and offer him a new deal when he gets his mojo back in League 1.

 

So we have a player on a very short contract and decide to take a long term approach of developing him into a defender?
If there’s nothing in place to sign him longer then that has got to be up there with one of the most bizarre decisions for these and that’s saying something.

 

Does that 50% exist for as long as we employ him or does it expire after new contracts are signed?

 

Have those mad Frenchman at AS Nancy with their pitchforks and fire torches done us a favour?

In the sense that the wider footballing world will be watching the group now.

Maybe they will invest to off set the £8 million deficit and try to appease the fan base?

 

Helik is a far better defender than Andersen. I can see championship interest in him, but wouldn’t be surprised to see offers for Andersen from some of the bigger spending teams in League 1.

 

If they did put money in (which they won’t) it would almost certainly be via a loan. Think they did that at Nice but got lucky with a buyer in the end anyway.

 

They're going to have to do sumat along those lines here too. I wouldn't mind them taking that gamble because I don't like the alternative much either.

 

Yeah did think that but didn’t know if say he signed a 3 year deal once that expired etc

 

There’s a few comments on here regarding how much money is needed to sustain the club through 2022/23.

@Red Rain has already done a sensible analysis but to spell it out here, the club needs to raise around £8m to sustain the club through the season and that allows for around £4m reduction in the payroll.

At the end of 2021 the club had £3.5m of cash and was owed a further £4.2m so as a headline £7.7m to meet the future costs of the 2021/22 season. Add on to that £3m of compensation from Ishmael and you get to around £10.7m.

However you then need to subtract £9.5m of debtors owed in that year and the trading loss of around £4m that leaves the club with a £3m shortfall. To sustain the club in 2022/23 cash of a minimum of £8m needs to be raised.

Loses before player sales in league one last time round were close to £5m. That was with a wage bill of around £10m. So even with a £4m reduction in payroll there is the need for £8m.

Without capital from the owners the club is in one big financial hole. Rather than worrying about which players will be here the bigger issue is how next year will be funded.

 

I think we will accept offers for absolutely anyone to offset our costs and deficit....but then again we should be used to it by now .with our owners.
Let's hope Khaled can work some magic in the summer with players.

 

What in your opinion would be the most likely way to fund next season assuming we don't achieve it through player sales ? I assume that the owners not owning the ground would make it difficult to borrow money.

 

I'm guessing there'll be a big turn-around in players, mainly in the last few days just before the season starts, because we'll have to sell first in order to buy, making it impossible for the team to gel or the manager, whoever he is and who didn't choose the players anyway, to decide on who his best team is, until about January. We'll be encouraged to be patient while this process occurs.

 

Owning the ground is a bit of a circular argument in my mind. If they were to purchase the asset they would need to ‘invest’ something like £8m to £10m to buy it. It originally sold for £5.2m and with escalation in line with property inflation a fee of around £10m may not be unrealistic. So to have something to borrow against they’d have to put in around £10m.

The club will need cash to meet the costs of running the club. The options are very limited, either debt or equity from the owners. Based on previous form at OGC Nice debt may be an option, failing that its administration.

That’s why player sales and getting cash in the club is so vital this summer.