According to the Daily Fail today.

Assuming that is four or five players and adding on three year contract salaries then that £30mill is actually gonna be edging toward £45-50mill.

The question is should we as a club that so nearly died invest so much money? Where will it lead,etc?

I'll say it again - £50 million pounds.

Big chest and massive boobs

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1) It's the Daily Mail.

2) IF the budget allows for £30 million for the playing staff, I wouldn't be surprised if that also includes additional wages and what not.

3) Do you think, for one second, that SP and the rest of the board are going to jeopardize all the hard work we've achieved so far? Listen to that interview he did very recently with Palace Radio (the links in the thread regarding Speroni's contract); does that sound like a man that is going to take such risks?

Whatever our budget allows this summer, I would feel pretty comfortable because I don't think for one second CPFC2010 would jeopardize the financial longevity of the club. SP has however, states that they will try and give TP as much as they can.

RED AND BLUE ARMY!

All good points. However, we now have something like £150million guaranteed over the next four seasons no matter even if we get relegated so maybe the £50million i mention isn't such a big deal?...

EFA

Edited by Kermit8 (29 Apr 2014 10.14am)

Big chest and massive boobs

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The consideration is the running costs and wage costs if you get relegated. Suddenly you become cash poor and your £60mil tv revenue plus £900k for ever league position up from bottom becomes about £15mil ish parachute money. The article is written by a journalist, not a businessman, financial planner or accountant. Don't take any notice of it.

COYP

I dunno. There may be some substance to it.

Tony did invest in players quite heavily at Stoke to assure their Prem status so there is no reason to think he would do things differently now. Plus, whether some like it or not, Dwight incl. salary over four years is a £10mill investment or cost depending on which way you view the player.

So even Steve Parish can spend with the best of them.

Personally, I think as long as the books balance five years hence taking into account the variables then TP should be given the money.

I think screwed up clubs like Bolton and Portsmouth got a loss less money in The Prem than we are getting now.

Edited by Kermit8 (29 Apr 2014 10.04am)

Big chest and massive boobs

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Are parachute payments really that low?

edit: ok - yes they are. Just found out. £60mill over four seasons.

Ok so worst case scenario - £60mill plus next seasons prize money of minimum £65mill plus Champ money and other revenue over the four years.

So around £150mill guaranteed.

Ok suddenly the £30mill feels much more significant.

Edited by Kermit8 (29 Apr 2014 10.12am)

Big chest and massive boobs

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