Message to Barnsley owners ...... loans are GOOD

Are you perchance hinting that there are loopholes and ways round financial caps?

 

They would have been expensive last season too and neither would have signed for us in my opinion.Whether we could have afforded to sign and then pay them is hypothesis.

 

Go on then, I'll bite, point me in the direction of where it says we can spend more than we make please...

 

Yeah, equity injections, gifts and sponsorship deals also have to be "reasonable". I think PSG tried to get around it with a ludicrously large sponsorship deal which UEFA are now looking into for a second time... Might open the floodgates for a few more clubs to be investigated.

 

Hi Nudger. I am 100% in agreement with you. Would absolutely love for us to have signed Harvey Barnes and Oli McBurnie. Would have been brilliant. Does rely somewhat on their clubs having been willing to let them leave, the value they placed on them, and the wages they were asking. I don’t know the answer to any of that though. What do you think?

But if we consider Barnsley’s accounts for the last two years in League 1 we get an idea of the impact spending too much can have.

Turnover in 2014/2105 was £4.8m. And we incurred losses of £3m that year. That was the year that our spending model and approach changed significantly. I think we would all (probably agree) that losing £3m a year wasn’t going to be sustainable for long. At that turnover rate, with current salary cap protocol, we could spend £3m on wages without incurring penalties and embargo’s. If we assume McBurnie and Barnes were on £20k/week each (and there are various figures online suggesting it could be significantly more), we would be spending circa £2m (66%) of our permitted wages at league 1 level on two players. Assuming a squad size of 25 that would allow us on average to spend £830/week on the remaining players average salary. Not sure we’d be sat 5th with a squad of players on those wages.

Obviously we also would have been carrying their transfer fee. Unless we were given them for free. But seeing as from the last accounts (year ending May 2017) our trade creditors value due in 1 year of £10m is £4m more than our debtors then I doubt adding significant transfers on top of that projected loss would be financially prudent, aligned with the lost revenue from a relegation. You may disagree.

So I think the risk to us spending that money on two players, who I agree would have been superb at League 1 level - some would argue possibly too good and may not have fancied joining Barnsley permenantly - would have hamstrung us from a FFP salary cap protocol perspective and also led to potential huge losses. As we now have a squad who some feel are worthless (I disagree) at Championship level then I can’t see how we could plug that loss through player sales (of which profit on the sale only counts toward turnover for SCP calculations), so we would need our new owners to be financing the club with injections of cash close to 100% or more of current turnover levels, to keep us on an even keel.

It’s interesting. I would personally prefer us to work toward long term sustainability, self sufficiency, improved infrastructure. If we don’t get promoted this year I’m ok with that. Would obviously love us to. Sure we all would. But big picture, we’ve been around 131 years.

I think we’ll do well this year regardless of the “ones that got away”. Top 6 by January would be ok, some strengthening of the squad now Stendel and co can see where we need it, and really push on. Playoffs are the fall back option. But we’ll still be around next year regardless. Hopefully not having suffered double diget losses and be under embargo’s for breaching salary cap protocol.

You reds.

 

Ah, I knew FFP and SCMP differed in fundamental ways, but I thought that gifts had to be within limits... learn something new everyday.

 

Leicester would not sell Barnes (a friend is one of the fan representatives and chat regularly, they rated Barnes highly, she suggested we asked to terminate the loan early because our ex coach didn't rate his defensive abilities).
Swansea would not sell McBurnie and were keen for him to sign a new contract. After premier league approaches failed to materialise, he signed a long term deal at Swansea.
Ben Williams, we tried to sign him, Everton wouldn't sell.

 

During the late Mr. Cryne's tenure, I though we had some decent loans in, Chopra, Hammill, Drinkwater Trippier.

 

Some awful ones too. Ugbo, that Kiwomya, Eckersley and Callum fvcking Elder.

You can add McShane to the good ones. He was awesome. And the two lads from Stoke.

 

That’s right.
An owner can gift as much money as they want to the club.
But they can’t loan money to a club.

Yes - the owners have said they are not going to throw money at the club - but there are different interpretations of that statement.

We have retained most of our squad from relegation - that’s a good start and something that would not have happened under Patrick.

In my opinion the owners will invest in players when they believe the time is right.
My point about Barnes and McBurnie is that the club will need this level of ability when they reach the Championship - by then these players will be worth much more than what they would have cost last season.

 

They would not have cost us anything last season for two reasons , neither club would have sold them to us & neither player would have signed for a struggling club on low wages ,,when its obvious there stock was rising & bigger clubs & deals will be in the pipeline , thats why they employ agents .

 

Plus do we really want to be paying high wages to players beyond our means? It's all well and good whilst owners are here, but if they decide to leave then we are knackered. Look at what has happened to other clubs.

I'm all for growth but it has to be within the club's means and not in a way that would cause us issues if they sold up. I think they share the same viewpoint and I don't believe they will leave anytime soon.

 

If there was ever one player who we probably could have kept hold of after having him on loan it was Danny Drinkwater. It was obvious after his first few games for use that he was a class above what we had and had ample time to sort out a permanent transfer behind the scenes well before Leicester eventually stole him away.. Man Utd didn't want him.. reckon £500k and he would have been ours..

 

Do ******* what ?

 

If this is true Hecky needs a lobotomy.

 

Lots of club's spend millions to get promoted. Nothing is more or less guaranteed in this game. Ask Wendy ask l..ds ask Qpr ask Bolton. What cloud are you on.