For added context Lincoln had a turnover of £7m, owners put in £3m, spent £400k on player trading, have spent money on upgrading facilities including safe standing and a new £2.6m stand upgrade completed last season.
The £8m annual loss is without contribution from player sales. If we make profits on player sales, that figure is reduced. We'll still have big earners, footballer wage inflation is significant and pay rises are ratcheted every year over the lifetime of a contract, so the longer you have them, the more you pay. I would love to see a breakdown of our cost base. And think of it this way, for every player on £4k a week which in recent times is fairly low for us, Thats £200k a year basic before bonuses and employer costs. Connell, Phillips, Cosgrove, Roberts, Dunn, Humphreys I'd expect to be on more than that. So very quickly you can see how you could bring wage costs down by maybe not needing 10 midfielders, or 9 centre halves and leaning on the youth players to plug temporary gaps.
So my point stands, we don't actually lose 8 million every year as we supplement it most years with sales so we aren't officially losing 8 million a year per se. And a lot of those losses are self inflicted by poor ownership which again we have all suspected for a long time. All these 'cheap punts' that we make that some say are a low risk gamble with little impact on the finances all add up to be a bit of a burden.
That would have been a great signing, and might be something we can revisit depending on the reason he's turned us down. I've had a look on their forum, and their fans don't understand why he isn't playing for them. It seems he played consistently last season and for the first 8 games this season. He had a bad game vs Stoke in a heavy defeat and hasn't been seen since. They signed 2 keepers in the summer, and neither have covered themselves with glory by all accounts but both appear to be ahead of Norris. Whilst Killip has performed well in the last couple of months (with the odd exception), I do think we need a keeper who commands their box much better. I'm nervous every time we're defending a corner.
We are losing £8m a season from our current level of operations. We HAVE to sell players for significant profit just to stand still. If you look at this summer, given we paid decent money to bring in Dunn, I suspect despite offloading Styles, our losses will be on the higher side. Very much agree with you about 'cheap punts', we've wasted colossal amounts on players we couldn't shift or had to pay off, but obviously there are plenty of examples of us doing that with players we spent a lot of money on too.
Without reading every post in this thread, I thought the £8m figure was the difference in revenue between the Championship and League 1. A gap which is plugged by player sales and investment from the board. Given the current Sky Sports deal, the disparity in terms of revenue will now be much wider, if not double.
no it’s the difference in what it costs to run the football club & what we earn according to Flatman who said it in the video 3 months ago, he did say some of that is offset by player sales but then noted that we don’t sell anything close to that to that each season.
Trouble with leaning on youth players is that unfortunately there isn’t sufficient coming through the academy, needs looking at as to why imo.
But we never really give them much opportunity. And maybe they don't expect much either. I do agree a wholesale review of the academy should be taking place though, I don't expect it to produce a John Stones every other year, but getting one or two who actually play games regularly and are solid wouldn't half help and I do wonder if it's just that there isn't much of a path to our first team, or our coaching doesn't create a readiness for overcoming adversity and battling to get a first team chance.
Do we not get more money each time games are on TV though so surely we are therefore taking on more money through that anyway? Fair enough, this will lead to more fans staying away which leads to less on the day sales etc. but surely the extra cash from Sky balances that out?
Ultimately the crap financial position is their own doing. Too many terrible decisions that have seen us drop to L1 and losing what we are losing.
It's distributed between teams in each division, and not on a per game basis. The share that Championship teams get is much much more than League 1 sides from memory (something like £12m vs £3m).
Just announced Joe Gauci on loan from Villa. Australian international. https://www.barnsleyfc.co.uk/news/2...XY2FTlDdSyIF7rRzew_aem_RlVKFEM7OD8F22uX_B1F6g
Ironic don't you think that we are looking to replace someone who has been our best player of late.....Killip would be very unlucky to lose his place and not sure that it would send the right message to the rest of the squad. Surprised this is the priority
This sounds credible to me, as it's exactly the type of approach that would potentially result in a bloated, imbalanced squad with a surplus of players in some positions and a deficit in others. In a scenario where limited funds are available for transfers, there has to be prioritisation of the key needs and requirements. This news, in isolation, doesn't suggest that this is not the case, but it doesn't exactly fill me with confidence either. The fundamental expectation I had in place when we appointed a Director of Football was that it would avoid our usual last-minute scramble to make signings during the windows. The evidence of two windows to date suggest that nothing has changed in that regard, which is a concern for me. It's more crucial in the January window than the summer one, as this is the opportunity to address issues with the squad that have become apparent over the season to date. Regardless of what happens in the next few days, I think it's fair for us to question the processes being adopted. Part of it is undoubtedly that the transfer window activity is back-end loaded in general, but my interpretation is that we seem to be far less efficient at getting deals over the line than the clubs we are competing with. Edit: Ironically, in the time I was typing that, the news of us signing Gauci on loan has landed, so the backup keeper issue has been resolved, at least.
I've tried to find a link that breaks it down (I'm sure someone on here will find one), but it's something like £900m shared between every EFL club, though the share to Championship sides is something like 70%. The money has gone up though proportionately more in the Champ I believe.