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TP wants a war chest of £30mill - Now a question.

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Leicestershireeagle South Leicestershire 29 Apr 14 10.12am
Quote Kermit8 at 29 Apr 2014 10.07am Quote Rudi Hedman at 29 Apr 2014 9.54am Quote Kermit8 at 29 Apr 2014 9.49am All good points. However, we now have something like £250million 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?... 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. Are parachute payments really that low? With the Play-Off final being the "£120 million game", I think the crude assumption was £60 million for this reason, and then if relegated, another £60 million spread over four years. £60 million for this season wouldn't have been far wrong, if we were bottom. As we know, we're in for around £70 million. RED AND BLUE ARMY!
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Leicestershireeagle

South Leicestershire 29 Apr 14 10.12am

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Quote Kermit8 at 29 Apr 2014 10.07am

Quote Rudi Hedman at 29 Apr 2014 9.54am

Quote Kermit8 at 29 Apr 2014 9.49am

All good points. However, we now have something like £250million 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?...

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.

Are parachute payments really that low?

With the Play-Off final being the "£120 million game", I think the crude assumption was £60 million for this reason, and then if relegated, another £60 million spread over four years.

£60 million for this season wouldn't have been far wrong, if we were bottom. As we know, we're in for around £70 million.

RED AND BLUE ARMY!

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Rudi Hedman Caterham 29 Apr 14 10.17am
Quote Kermit8 at 29 Apr 2014 10.07am Quote Rudi Hedman at 29 Apr 2014 9.54am Quote Kermit8 at 29 Apr 2014 9.49am All good points. However, we now have something like £250million 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?... 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. Are parachute payments really that low? Yes they are that low. Which is why it is a consideration. With a £14mil revenue before we got promoted plus a bit more from new fans and a few more season tickets and the £15mil ish parachute money, that's £30mil gone immediately. With TP relegation shouldn't happen, unless we get a nightmare of injuries like Brum did to their CB's and def mid's after the League Cup victory. But if we did experience that or TP leaving for whatever reason, after committing well above the revenue + parachute money amount in wages, hopefully the players would have enough quality to actually have buying clubs match the wages we're paying them. Parish is no mug and it'll all make sense with joined up thinking rather than Portsmouth spend till it all runs out or Jordan's spend little when here and a chance to stay up, whether through choice or people put off by him, and then mortgage every floor tile and tea cup trying to get back into the Prem. We've got clued up owners and an experienced manager in the top division and below. COYP
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Rudi Hedman

Caterham 29 Apr 14 10.17am

Quote Kermit8 at 29 Apr 2014 10.07am

Quote Rudi Hedman at 29 Apr 2014 9.54am

Quote Kermit8 at 29 Apr 2014 9.49am

All good points. However, we now have something like £250million 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?...

Are parachute payments really that low?

Yes they are that low. Which is why it is a consideration. With a £14mil revenue before we got promoted plus a bit more from new fans and a few more season tickets and the £15mil ish parachute money, that's £30mil gone immediately.

With TP relegation shouldn't happen, unless we get a nightmare of injuries like Brum did to their CB's and def mid's after the League Cup victory. But if we did experience that or TP leaving for whatever reason, after committing well above the revenue + parachute money amount in wages, hopefully the players would have enough quality to actually have buying clubs match the wages we're paying them.

Parish is no mug and it'll all make sense with joined up thinking rather than Portsmouth spend till it all runs out or Jordan's spend little when here and a chance to stay up, whether through choice or people put off by him, and then mortgage every floor tile and tea cup trying to get back into the Prem. We've got clued up owners and an experienced manager in the top division and below.

COYP

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Kermit8 Hevon 29 Apr 14 10.28am
Quote Rudi Hedman at 29 Apr 2014 10.17am Quote Kermit8 at 29 Apr 2014 10.07am Quote Rudi Hedman at 29 Apr 2014 9.54am Quote Kermit8 at 29 Apr 2014 9.49am All good points. However, we now have something like £250million 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?... 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. Are parachute payments really that low? Yes they are that low. Which is why it is a consideration. With a £14mil revenue before we got promoted plus a bit more from new fans and a few more season tickets and the £15mil ish parachute money, that's £30mil gone immediately. With TP relegation shouldn't happen, unless we get a nightmare of injuries like Brum did to their CB's and def mid's after the League Cup victory. But if we did experience that or TP leaving for whatever reason, after committing well above the revenue + parachute money amount in wages, hopefully the players would have enough quality to actually have buying clubs match the wages we're paying them. Parish is no mug and it'll all make sense with joined up thinking rather than Portsmouth spend till it all runs out or Jordan's spend little when here and a chance to stay up, whether through choice or people put off by him, and then mortgage every floor tile and tea cup trying to get back into the Prem. We've got clued up owners and an experienced manager in the top division and below. Unless we have an excitable Yokel during the transfer window nagging him to buy a Championship striker for shedloads. But that aside we do get another £65mill next season too no matter what. Add season tickets and whatnot then realistically that's £70-75mill plus whatever is left over from this. Edited by Kermit8 (29 Apr 2014 10.31am) Big chest and massive boobs [Link]
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Kermit8

Hevon 29 Apr 14 10.28am

Quote Rudi Hedman at 29 Apr 2014 10.17am

Quote Kermit8 at 29 Apr 2014 10.07am

Quote Rudi Hedman at 29 Apr 2014 9.54am

Quote Kermit8 at 29 Apr 2014 9.49am

All good points. However, we now have something like £250million 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?...

Are parachute payments really that low?

Parish is no mug and it'll all make sense with joined up thinking rather than Portsmouth spend till it all runs out or Jordan's spend little when here and a chance to stay up, whether through choice or people put off by him, and then mortgage every floor tile and tea cup trying to get back into the Prem. We've got clued up owners and an experienced manager in the top division and below.

Unless we have an excitable Yokel during the transfer window nagging him to buy a Championship striker for shedloads.

But that aside we do get another £65mill next season too no matter what. Add season tickets and whatnot then realistically that's £70-75mill plus whatever is left over from this.

Edited by Kermit8 (29 Apr 2014 10.31am)

Big chest and massive boobs

[Link]

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paperhat croydon 29 Apr 14 10.29am
do it. its less than we've got coming in and will be covered by future guaranteed income. Its obvious that to survive, we need better , stronger players long term. Clinton is Clinton. I have known him for a long time, I know his mother... Simon Jordan
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paperhat

croydon 29 Apr 14 10.29am

do it. its less than we've got coming in and will be covered by future guaranteed income.

Its obvious that to survive, we need better , stronger players long term.

Clinton is Clinton. I have known him for a long time, I know his mother... Simon Jordan

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Kermit8 Hevon 29 Apr 14 10.32am
Quote paperhat at 29 Apr 2014 10.29am do it. its less than we've got coming in and will be covered by future guaranteed income. Its obvious that to survive, we need better , stronger players long term. That's what I think. As long as the figures long term add up. I don't think £30mill is unreasonable then. Big chest and massive boobs [Link]
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Kermit8

Hevon 29 Apr 14 10.32am

Quote paperhat at 29 Apr 2014 10.29am

do it. its less than we've got coming in and will be covered by future guaranteed income.

Its obvious that to survive, we need better , stronger players long term.

That's what I think. As long as the figures long term add up.

I don't think £30mill is unreasonable then.

Big chest and massive boobs

[Link]

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Rudi Hedman Caterham 29 Apr 14 10.34am
Quote Kermit8 at 29 Apr 2014 10.28am Quote Rudi Hedman at 29 Apr 2014 10.17am Quote Kermit8 at 29 Apr 2014 10.07am Quote Rudi Hedman at 29 Apr 2014 9.54am Quote Kermit8 at 29 Apr 2014 9.49am All good points. However, we now have something like £250million 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?... 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. Are parachute payments really that low? Yes they are that low. Which is why it is a consideration. With a £14mil revenue before we got promoted plus a bit more from new fans and a few more season tickets and the £15mil ish parachute money, that's £30mil gone immediately. With TP relegation shouldn't happen, unless we get a nightmare of injuries like Brum did to their CB's and def mid's after the League Cup victory. But if we did experience that or TP leaving for whatever reason, after committing well above the revenue + parachute money amount in wages, hopefully the players would have enough quality to actually have buying clubs match the wages we're paying them. Parish is no mug and it'll all make sense with joined up thinking rather than Portsmouth spend till it all runs out or Jordan's spend little when here and a chance to stay up, whether through choice or people put off by him, and then mortgage every floor tile and tea cup trying to get back into the Prem. We've got clued up owners and an experienced manager in the top division and below. But we do get another £65mill next season too no matter what. Add season tickets and whatnot then realistically that's £70-75mill plus whatever is left over from this. Edited by Kermit8 (29 Apr 2014 10.28am) The point always stands that if you get relegated, revenue dips from £65mil before club revenue to £15mil before club revenue. It is wages that cripple clubs because the contracts last for 2,3,4 years and potential buyers of players, if at all, aren't willing to match their wages, then you're stuck with them pocketing however much per week. You obviously have to pay for quality at some point and eventually ditch the relegation wage clauses in CPFC favour. Another point is that Birmingham City have been hamstrung by one player in particular. Zigic is on £80mil per week draining £4mil per season. With TP at the helm and SP agreeing budgets we'll be okay. But you've always got to be cautious if TP dies go elsewhere. Another manager could come in and royally f* it up, and rapidly. COYP**
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Rudi Hedman

Caterham 29 Apr 14 10.34am

Quote Kermit8 at 29 Apr 2014 10.28am

Quote Rudi Hedman at 29 Apr 2014 10.17am

Quote Kermit8 at 29 Apr 2014 10.07am

Quote Rudi Hedman at 29 Apr 2014 9.54am

Quote Kermit8 at 29 Apr 2014 9.49am

All good points. However, we now have something like £250million 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?...

Are parachute payments really that low?

But we do get another £65mill next season too no matter what. Add season tickets and whatnot then realistically that's £70-75mill plus whatever is left over from this.

Edited by Kermit8 (29 Apr 2014 10.28am)

The point always stands that if you get relegated, revenue dips from £65mil before club revenue to £15mil before club revenue. It is wages that cripple clubs because the contracts last for 2,3,4 years and potential buyers of players, if at all, aren't willing to match their wages, then you're stuck with them pocketing however much per week.

You obviously have to pay for quality at some point and eventually ditch the relegation wage clauses in CPFC favour. Another point is that Birmingham City have been hamstrung by one player in particular. Zigic is on £80mil per week draining £4mil per season.

With TP at the helm and SP agreeing budgets we'll be okay. But you've always got to be cautious if TP dies go elsewhere. Another manager could come in and royally f*** it up, and rapidly.

COYP

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Andy_G Wimbledon 29 Apr 14 10.35am
CPFC 2010 are holding the purse string and Tony Pulis will spend what they give him. I am confident both parties will be wise and well judged in what they do. The ups and downs of Palace have left me older than my years
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Andy_G

Wimbledon 29 Apr 14 10.35am

CPFC 2010 are holding the purse string and Tony Pulis will spend what they give him. I am confident both parties will be wise and well judged in what they do.

The ups and downs of Palace have left me older than my years

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PJH Colchester 29 Apr 14 10.55am
What TP get's will be between CPFC2010 and him. I'd be a tad surprised if TP has had a cosy chat with a journo down the pub, so I'd say this dickhead is pulling a figure from the air.He works for the Daily Mail.It's what they do.
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PJH

Colchester 29 Apr 14 10.55am

What TP get's will be between CPFC2010 and him. I'd be a tad surprised if TP has had a cosy chat with a journo down the pub, so I'd say this dickhead is pulling a figure from the air.He works for the Daily Mail.It's what they do.

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Kermit8 Hevon 29 Apr 14 10.58am
Quote Rudi "Zigic is on £80mil per week " No wonder Birmingham are in trouble Big chest and massive boobs [Link]
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Kermit8

Hevon 29 Apr 14 10.58am

Quote Rudi

"Zigic is on £80mil per week "

No wonder Birmingham are in trouble

Big chest and massive boobs

[Link]

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paperhat croydon 29 Apr 14 11.02am
Don't wory, at the moment, we also have Moody who we can blame for overspending and subsequently sack because it was his fault. Meanwhile he can keep on getting other teams squad sheets for us. Clinton is Clinton. I have known him for a long time, I know his mother... Simon Jordan
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paperhat

croydon 29 Apr 14 11.02am

Don't wory, at the moment, we also have Moody who we can blame for overspending and subsequently sack because it was his fault. Meanwhile he can keep on getting other teams squad sheets for us.

Clinton is Clinton. I have known him for a long time, I know his mother... Simon Jordan

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Percy of Peckham Eton Mess 29 Apr 14 11.20am
Quote paperhat at 29 Apr 2014 11.02am Don't wory, at the moment, we also have Moody who we can blame for overspending and subsequently sack because it was his fault. Meanwhile he can keep on getting other teams squad sheets for us. Yes, but although SP's favourite colour is mauve when he renames the club the Croydon Caterpillars we are going to play in yellow and green hoops!!!! Denial is not just a river in Egypt!
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Percy of Peckham

Eton Mess 29 Apr 14 11.20am

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Quote paperhat at 29 Apr 2014 11.02am

Don't wory, at the moment, we also have Moody who we can blame for overspending and subsequently sack because it was his fault. Meanwhile he can keep on getting other teams squad sheets for us.

Yes, but although SP's favourite colour is mauve when he renames the club the Croydon Caterpillars we are going to play in yellow and green hoops!!!!

Denial is not just a river in Egypt!

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Bangell Oxford 29 Apr 14 12.19pm
Salaries will probably be included in the budget. Tony Pulis will keep us up whatever happens, so I wouldn't worry about us going down and losing the income to sustain all the players - and in any case, I'm sure TP and the board will be shovelling out all of Holloway's leftovers before they start on a shopping spree.
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Bangell

Oxford 29 Apr 14 12.19pm

Salaries will probably be included in the budget. Tony Pulis will keep us up whatever happens, so I wouldn't worry about us going down and losing the income to sustain all the players - and in any case, I'm sure TP and the board will be shovelling out all of Holloway's leftovers before they start on a shopping spree.

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