Shortfall of moneys next season.

Discussion in 'Bulletin Board' started by Sopwith Camel, Feb 11, 2022.

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  1. Sopwith Camel

    Sopwith Camel Well-Known Member

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    Our wage bill is suppose to be around 8 million.. L1 clubs get 1.4 million, I also believe that the 3 clubs relegated get a further 1.2 million, as a parachute payment for one season only...
    Just going on the poles on here about renewing ST's next season, it looks at about 50%. if you take an average of £200 an ST.. thats another 1 million. Total..3.6 million. Sponsorship. so round it off to 4 million.

    With the owners saying they will not put any money in.. the wage bill will have to be cut by half. So how posters like Dontpasstome can say that they think we'll have a good side next season is ridiculous frankly.
    The team we have now.. that isn't good enough anyway.. to the team we'll have next season will be unrecognizable.
     
    Sopwith Camel, Feb 11, 2022
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  2. Spuggy

    Spuggy Well-Known Member

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    I would imagine there will be a clause in the players contracts where they're wage will be reduced by 50%if we are relegated.
     
    Spuggy, Feb 11, 2022
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  3. Sopwith Camel

    Sopwith Camel Well-Known Member

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    How many do you think will want to stick around on a 50% pay cut..?
     
    Sopwith Camel, Feb 11, 2022
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  4. Tarntyke

    Tarntyke Well-Known Member

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    This is why we shouldn’t have a ‘clear-out’ as has been posted on here, we already have some decent Championship players, others may fair better in L1, a few additions a good to decent L1 standard signings may well be a force to be reckoned with next season. Like Any other opinion I can’t be sure of that but it doesn’t have to be all doom and gloom.
     
    Tarntyke, Feb 11, 2022
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  5. Red

    RedVesp Guest

    There are para-payments from champ to L1?

    That's news to me, I had no idea.
     
    RedVesp, Feb 11, 2022
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  6. Tarntyke

    Tarntyke Well-Known Member

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    They may have no option if a decent offer isn’t forthcoming
     
    Tarntyke, Feb 11, 2022
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  7. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    I've done the *** packet maths and think we'll have a lower end of the top eight budget next season. You're not taking in to account match day revenue in those forecasts and probably slightly off with just £400k for commercial overall. Let's not forget it's hardly a division splashing with cash outside of the bigger players and some of those are fighting off historical debts e.g. Wednesday
     
    Loko the Tyke, Feb 11, 2022
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  8. Sopwith Camel

    Sopwith Camel Well-Known Member

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    Ok.. how can you have any *additions* with a deficit of four million pounds.. with owners unwilling to put anything into the club. So if thts the case with owners and the deficit.. thats reality not doom and gloom
     
    Sopwith Camel, Feb 11, 2022
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  9. North Yorks Red

    North Yorks Red Well-Known Member

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    Can't see them selling many shirts either!
     
    North Yorks Red, Feb 11, 2022
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  10. Sopwith Camel

    Sopwith Camel Well-Known Member

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    No.. i didn't take into account any match day takings away fans ect.. so a top 8 budget but for one season only, until we lose the income adjustment payment of 1.2million.
     
    Last edited: Feb 11, 2022
    Sopwith Camel, Feb 11, 2022
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  11. Sim

    Simon De Montforte Well-Known Member

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    Who uses f@g as a swear word? It's always been a cigarette to Barnsley folk.
     
    Simon De Montforte, Feb 11, 2022
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  12. Sopwith Camel

    Sopwith Camel Well-Known Member

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    Sopwith Camel, Feb 11, 2022
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  13. Sopwith Camel

    Sopwith Camel Well-Known Member

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    Yes mate.. a first season cushion.
     
    Sopwith Camel, Feb 11, 2022
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  14. Cod Eye

    Cod Eye Well-Known Member

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    We don't know what will happen next season, as we have not really been in this position before. The last time we were in L1 under the present owners, we had a bit of cash in the bank still, and the team clicked and we went immediately back up.

    Next season, we will have very little in the way of cash reserves unless someone offers daft money for a player or two, so the owners may have to inject some cash to use as working capital, take on additional investment0 or take on some debt from a 3rd party just to keep the club operating.

    The evidence does point towards them keeping their purses closed and letting the club rot a little bit more though...
     
    Cod Eye, Feb 11, 2022
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  15. Red

    RedVesp Guest

    Yeah, I've just been looking at it, honestly had no clue!
     
    RedVesp, Feb 11, 2022
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  16. Stephen Dawson

    Stephen Dawson Well-Known Member

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    Whoopee :).
     
    Stephen Dawson, Feb 11, 2022
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  17. Arc

    Archerfield Well-Known Member

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    Last time in the first division operating losses were £5m

    The current wage bill is £11.1m

    If there aren’t sales there’s either debt or cash in from the owners. There is no other solution.
     
    Archerfield, Feb 11, 2022
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  18. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    But then you don't know what other money is generated so it's not a correct assumption to suggest it will only drop lower. We've always relied on player trading and that won't ever change.
     
    Loko the Tyke, Feb 11, 2022
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  19. Stephen Dawson

    Stephen Dawson Well-Known Member

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    Is there a chance that the initial funds to make the down payment for the club were secured using Conway's elaborate investment company? If PMG do have to put more money in there's a chance they simply can walk away because it's investor's that have been conned and it isn't Conway and co's money to lose. The club ends up in admin?
     
    Stephen Dawson, Feb 11, 2022
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  20. Ric

    RichieD Well-Known Member

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    Going to be a very hard season. Judging by the owners' actions so far they will not underwrite keeping the squad together. We have always been a bit reckless with Championship status in terms of recruitment and outgoings and this time I think we'll be in the lower division for a good long while.
     
    RichieD, Feb 11, 2022
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