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just visiting

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  1. Profit and sustainability seems a bit of a strange title given by the EFL seeing as hardly any clubs make a profit and most losses aren't sustainable. In my view, the rolling three year losses and £39m limits should be scrapped and a wages to turnover ratio of no more than 75% from the previous seasons accounts should be set for clubs to be judged against. TV money for relegated PL clubs would be allowable but only in line with what Championship receive, around £7m but they still can hold a slight advantage by being gauged against PL attendances and commercial from the season before. For example. West Brom relegated last season with a turnover of £150m ( £110m TV money and £40m commercial / match day) They can add £7m of the TV money to their other associated income to make a total of £47m and 75% of that can be used a wage bill of £35m. They would obviously have to sell players to achieve this but the benefit being, if they don't achieve promotion this season they will have a larger wages to turnover pot in 19/20 season. Simples.
  2. Your accounts publish it as match receipts and associated turnover, so the £16m match day figure quoted includes around £7m from TV money, PL solidarity payments and EFL central distributions. In the 14/15 accounts the associated turnover was around £3.5m, so your ticket price increase has probably added £3m. Still enough to vindicate his strategy I'd guess.
  3. £100k 150 appearance bonus would be my guess.
  4. Or an edge your bet gamble. Left knee knackered.
  5. No I didn't, I just had a quick look at there official accounts on companies house. Try it instead of guessing or making things up.
  6. Your posts keep me entertained. After player sales they posted a £43m loss, take off maybe £6-7m of exceptional losses and for P&S reporting, they would have been well within. The maximum allowances for them over the three accounting periods were £83m and they'd made good profits for two of them, so no problem. Had they not gone up, then that would have been a different story and costs would have had to have been made (like Villa now) but they got it right and went straight back up. Did FFP prevent Huddersfield breaking into the PL or Brighton or Cardiff?
  7. Ha, I'm thick? Did you actually believe what was been told to you by CC? You're season tickets prices aren't that high, about on par with most other clubs your size. So you're talking about the 3-4000 walk ups every home game. Did you honestly believe maintaining the high prices of match day tickets would mean you keeping a £30m wage bill for a club with £23m turnover? Look at your financial performances over the last three seasons, you may struggle to grasp it but we can live in hope.
  8. Sorry, my mistake. I thought I read your post as " then they should be offering up refunds or f00king apology. "
  9. Good grief, you moan when prices are cheap about the lack of investment in the squad and then after just three years paying fairly high ticket prices, which included two top six finishes, you want refunds and apologies cause the club is having to balance its books. SWFC must be proud of you SiJ.
  10. Compared to 95% of other Championship clubs, we are very solid financially. Well within P&S rules and with plenty of scope for a decent transfer budget.
  11. Do you think he's making a profit the last three years?
  12. £7m allowable losses in 16/17 but only £3m in 15/16 any reason why?
  13. Clubs have got to want these fringe players though first of all and If these players on the edge of squad are earning good enough wages that offloading them will make a significant reduction in your wage bill and stop you having to lose your crown jewel players, who is going to take them off your hands? Would another Championship club take a punt on Matias and his £500k p/y wages based on his performances for SWFC?
  14. Season 15/16 they actually made a profit of £7m, so take out £4m allowable expenses and for P&S thats an £11m profit. Season 16/17 they lost £20.8m less £4m, so a £16.4m loss. Add the two together and they started off season 17/18 at £5.4m loss. Effectively they could post losses for the season just gone of over £35m and still be within P&S guidelines (although only just). There challenge would have been if they didnt go up this season as the £7m profit from 15/16 dropps off and is replaced by the £20.4 loss for 16/17. They would have had to sell some valuable players this summer to bring losses down. Their business plan succeeded.
  15. Personally, I'd doubt it. When the the old FFP rules were changed to cover a rolling three year period, it was done purely so the EFL could monitor, in effect, real time financial performances. That way situations like, Leicester and QPR can be avoided, whereby once the accounts had been posted for the previous one season and a serious breach was shown, it didn't matter because the club had been promoted. The PL didn't endorse the EFL FFP rules (as they do now) so the only way a fine could be collected was when the club got relegated or after a long running stand off. When your submissions were made for season 17/18, the EFL most likely warned you that any such submission for season 18/19 must show significant decreases in losses. You aren't going to do that by selling fringe players on poorer wages and keeping crown jewel players on huge wages. So, for eg lets say you kept all your squad together and had a real push for promotion. When you submit your forecasts in December for 18/19 season and when added to your other losses they breach the £39m limits (which they would), the EFL, now with the backing of the EPL, could stop you from being promoted/deduct points and fine you. Nothing is off the table.
  16. Reading through some of more reliable bloggers on twitter ect (Swiss Ramble, Price of Football), its probably safe to remove at most around £3-4m from each set of accounts for exceptable losses, covering the things you mention. That puts you right on the edge of the P&S allowances for this three year period but not in breach and therefore no official action taken. The biggest challenge facing SWFC now though is the next accounting period including 18/19 season. Season 15/16's £9m loss drops off and is replaced with 16/17's £20.4m loss. Then, like you say, you can't see anything but another £20m loss for 17/18 season. Remove the allowable £4m per season and that leaves you with a staring point of £32m losses posted before a ball is even kicked this season. Effectively, you'll need to get your losses down to around £11m (£7m after items removed) which will leave you again on the edge with combines losses of £39m. It can be achieved quite easily but it will require at least one decent money transfer out and along with his wages, maybe one or two more high earner off the books. After that, you may be looking at one in, one out aspect with regards new signings.
  17. Desperate to elevate yourself above other posters aren't ya SiJ old fruit.
  18. About 20 mins after your post to be fair. Is your source from the financial district?
  19. Did you trust what you'd heard? Luckily I got him whilst out of the betting but still they'd only give me 100/1 on Friday. About to tumble in the betting I think.
  20. I doubt Bielsa will be our next manager, so not much to worry about on that front. To doubt his ability to manage in the Championship is rather puzzling though. Carvalhal had one the most obscure coaching CV's I've seen, yet managed two top six finishes in his two full seasons in charge. I think it's fair to say Bielsa would have coped.
  21. Stranger things have happened.
  22. To say he's vastly overrated is a bit harsh. Bartley and Jansson brought the best out of each other and were a very good pairing at this level. Whereas this season, Jansson has had to play with at least four different partners at centre half and none of them good enough for the Championship really. Plus a non commanding, calamity keeper behind him followed by a rookie GK (who did ok, though). No wonder he's looked out of sorts, he's been carrying the whole back five. He's a top quality Championship defender and maybe lower end PL, no doubt about it.
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