A really sensible article, setting out a more realistic on this subject. Some of the rhetoric being circulated by so-called journalists and pundits need to read your words and the information supplied. I have little doubt with their financial background. Our ownership have a full understanding of the needs and requirements and will ensure that we meet the FFP guidelines.
I keep track of our incoming and outgoings myself with the help of transfermarket.com and by judging present data online. I think we could raise between 250-300mil euro (215-260mil GBP) if sell the below players. Figures could be off but the overall sales I put lower number to show how it looks in the worse case scenario. But who we will sell by June 30th 2024 is another question!
Prices are in euro.
Lukaku - 40mil
Kepa - 20mil
Chaloba – 25mil
Galagher – 60mil
Cucurella – 40mil
Broja – 40mil
Fofana – 10mil
Maatsen - 40mil
Hall – 30mil
Ziyech – 5mil
Sterling - 35mil (highly unlikely but putting him here because of his hefty salary compared to his team contribution)
We need to stop buying like crazy and focus on 1-2 quality players now every summer and maybe 1 quality player in the winter window if one is available. Like this window, if it allows to splash 100mil or to get a loan for a striker so be it. It will help the squad, will ease the club transfer activity in the summer to focus on outgoings, will allow time to asses where we are in the summer.
Great article. Positive vibes all over. The figures make reasonable sense. Thank you @The Score and Appreciated Si.
As stated we might make more sales - and that should add up to some sort of profit after amortization and reduce the wages for instance Sterling ( No offense ) or Cucu. Cash injection is another interesting aspect.
Nevertheless imo in a nutshell - Our OWNERS have right intentions - maybe they got some things wrong in the last -8 months but baby steps I guess.
PS : I really wish and hope that they get the Sponsorship deal right this time - and that too before June 30 and not repeat the botched job i.e. Paramount.
the 2023 accounts when they come out would be an interesting read but i think we might be sailing close to the FFP thresholds.
As you mentioned getting rid of most of the high earners, selling academy players + players like Kai and Kova would have helped us for the 2024 accounts. Plus i think the salaries of players like Lukaku and Kepa are being fully paid by their loan clubs so that helps too. Also hopefully we wont have any manager sacking payout too.
Lack of CL revenue is a concern and we need to get back to it soon otherwise whatever we are doing now is not sustainable for the long term... maybe this season and then the next one we should be able to manage if we end up selling players like Connor, Maatsen and Trev. But we will run out of the academy players who can fetch us 20-40m. Also hopefully we can make some money on players like Datro, Santos, Angelo, Moreira, Washington, Casadei, Omari down the line as i dont see them being part of our squad long term.
I’m getting to like your articles after a bad start, informative, rational and in this instance reassuring as if we can discount ffp issues that’s one less thing to worry about.
One thing you didn’t include in your article was the affect of a £115 mill shell out for an elite striker on the figures?
I’m guessing it would amortised across 5 years which would add £23million a year to the figures plus the wage is that how it works?
they can sign him after june 2024 so his cost wont hit the 2024 accounts anyways. Things might be different in the 2025 season if they get 1 or 2 big sales... but we cant hide away from big players. Betting 100m on Sekso, Ferguson or Gyökeres is a bigger risk. Salary might be low but you are still paying premium price for someone who might not be as good & does not have much of a track record plus would still add massively to the amortization. We have made this mistake already with a few of our previous signings like Mudryk and Lavia.
Great read.... a complex subject explained in simple terms😁 many thanks @THe Score👍
A really sensible article, setting out a more realistic on this subject. Some of the rhetoric being circulated by so-called journalists and pundits need to read your words and the information supplied. I have little doubt with their financial background. Our ownership have a full understanding of the needs and requirements and will ensure that we meet the FFP guidelines.
I keep track of our incoming and outgoings myself with the help of transfermarket.com and by judging present data online. I think we could raise between 250-300mil euro (215-260mil GBP) if sell the below players. Figures could be off but the overall sales I put lower number to show how it looks in the worse case scenario. But who we will sell by June 30th 2024 is another question!
Prices are in euro.
Lukaku - 40mil
Kepa - 20mil
Chaloba – 25mil
Galagher – 60mil
Cucurella – 40mil
Broja – 40mil
Fofana – 10mil
Maatsen - 40mil
Hall – 30mil
Ziyech – 5mil
Sterling - 35mil (highly unlikely but putting him here because of his hefty salary compared to his team contribution)
We need to stop buying like crazy and focus on 1-2 quality players now every summer and maybe 1 quality player in the winter window if one is available. Like this window, if it allows to splash 100mil or to get a loan for a striker so be it. It will help the squad, will ease the club transfer activity in the summer to focus on outgoings, will allow time to asses where we are in the summer.
What do you guys think? Am I off with the above?
Great article. Positive vibes all over. The figures make reasonable sense. Thank you @The Score and Appreciated Si.
As stated we might make more sales - and that should add up to some sort of profit after amortization and reduce the wages for instance Sterling ( No offense ) or Cucu. Cash injection is another interesting aspect.
Nevertheless imo in a nutshell - Our OWNERS have right intentions - maybe they got some things wrong in the last -8 months but baby steps I guess.
PS : I really wish and hope that they get the Sponsorship deal right this time - and that too before June 30 and not repeat the botched job i.e. Paramount.
the 2023 accounts when they come out would be an interesting read but i think we might be sailing close to the FFP thresholds.
As you mentioned getting rid of most of the high earners, selling academy players + players like Kai and Kova would have helped us for the 2024 accounts. Plus i think the salaries of players like Lukaku and Kepa are being fully paid by their loan clubs so that helps too. Also hopefully we wont have any manager sacking payout too.
Lack of CL revenue is a concern and we need to get back to it soon otherwise whatever we are doing now is not sustainable for the long term... maybe this season and then the next one we should be able to manage if we end up selling players like Connor, Maatsen and Trev. But we will run out of the academy players who can fetch us 20-40m. Also hopefully we can make some money on players like Datro, Santos, Angelo, Moreira, Washington, Casadei, Omari down the line as i dont see them being part of our squad long term.
I’m getting to like your articles after a bad start, informative, rational and in this instance reassuring as if we can discount ffp issues that’s one less thing to worry about.
One thing you didn’t include in your article was the affect of a £115 mill shell out for an elite striker on the figures?
I’m guessing it would amortised across 5 years which would add £23million a year to the figures plus the wage is that how it works?
Probably why we're considering Evan Ferguson as his salary demands will be significantly less than Osimhen's.
Peanuts and monkeys spring to mind 🙄🤣
Osimhen would be on the books for £37m / year (assuming £300k / week wages). I just don't see that happening.
Far more likely for a big fee to be spent on a player with lower wages (Sesko / Ferguson).
they can sign him after june 2024 so his cost wont hit the 2024 accounts anyways. Things might be different in the 2025 season if they get 1 or 2 big sales... but we cant hide away from big players. Betting 100m on Sekso, Ferguson or Gyökeres is a bigger risk. Salary might be low but you are still paying premium price for someone who might not be as good & does not have much of a track record plus would still add massively to the amortization. We have made this mistake already with a few of our previous signings like Mudryk and Lavia.
And you don't think £112m on Osimhen is a risk? How did our last big money signing from Serie A work out?!
Lavia will turn out to be an exceptional signing.
1 of our favourite journos Martyn Ziegler 🤮