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Pierre Purley 07 Sep 17 3.09pm | |
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Don't forget we have to work within FPP rules. We didn't manage to shift anyone else off the payroll by the end of the window so still have some hefty earners hanging about. Why SP headed off after Tosun at the last minute who knows he may have thought that Besiktas may have gone for installment payments. Presumably it was due to Niasse beginning to fall through due to agents payments and we could not have afforded both.
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matthau South Croydon 07 Sep 17 3.45pm | |
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I think we all need to get used to the palace budget which seems to be around 50mill a full season, if we use any of it in January then you have to take that out of the following summers kitty.
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ThatPetrolRelation Ottawa 07 Sep 17 9.12pm | |
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Originally posted by matthau
I think we all need to get used to the palace budget which seems to be around 50mill a full season, if we use any of it in January then you have to take that out of the following summers kitty. Judging from the latest accounts (2016), Palace had revenue of £102m, and spent £81m on wages (Claiming a pre-tax loss of £7M --which I'm sure they could write-off). I doubt the wage bill has gone down since, it probably went up --especially with Sakho now. I'm just guessing, but I think we probably are getting £2 more with Manbet than Mansion, and the sleeve sponsor brings in another £2M. So even if they wage bill is static, and SP spends the new sponsorship cash on players, it still only gives a Transfer budget of about £25M, anything more than than that and it means going into debt or the owners kicking in more £££. It's still worth doing probably (if the alternative is relegation), but there is no way the club has £50M on hand to spend on players. Our net spend this window was £31M, which I figure meant going into (planned) debt. Of course the way to free up £ is to get some of the expensive squad members off the books, and replace them with much cheaper young players. Which seemed to be the strategy (bar Sakho). Now if Freedman had actually managed to move some of the players rumoured, we'd have some room. I'll give him a bit of a pass, since he didn't have much time, but he is on the clock and better have some deals lined up in January. January could be interesting, because the way the big clubs have spent on top talent, even they can't afford to have players on the bench making £150K, so there may be some good deals made to get their salaries off the books. Hopefully we are in a position to take advantage!
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Goldfiinger Just down the road 07 Sep 17 10.40pm | |
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I didn't think our wage bill was that high. Express reports it to be about £55m [Link] which is about what others have said? If that's the case then we've about £40-50m to spend on other things including but not limited to transfers. Last couple seasons we've spent about a combined £100m roughly speaking. Both Pards, Sam, Parish and Frank have all spoken about wanting to be able to bring youth through, of course this is best done once our league position is stabilised. But it's apparent the club are keen for the academy to start producing. No way we can keep up with the Jones just by spending $$$$ I'd have thought this was a big draw for Parish when signing frank and can't blame him.
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Naja1 08 Sep 17 12.46pm | |
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Originally posted by Goldfiinger
I didn't think our wage bill was that high. Express reports it to be about £55m [Link] which is about what others have said? If that's the case then we've about £40-50m to spend on other things including but not limited to transfers. Last couple seasons we've spent about a combined £100m roughly speaking. Both Pards, Sam, Parish and Frank have all spoken about wanting to be able to bring youth through, of course this is best done once our league position is stabilised. But it's apparent the club are keen for the academy to start producing. No way we can keep up with the Jones just by spending $$$$ I'd have thought this was a big draw for Parish when signing frank and can't blame him. Bringing youth through absoultely is the right thing to do. However we havent given ourselves the platform to do it. Somehow we have squandered the last 4 years to the point where we enter this season with question marks over whether there are 3 worse teams than us yet the embarassment of riches that the PL offers should have us untouchable to any team getting promoted. It's not really about keeping up with the Jones', more about staying ahead of the Smiths and we struggle to do either. Other teams of similar ilk (the Jones'?) and ambition have built robust sustainable teams that play with a clear purpose, objective and style. It's no coincidence that these teams are enjoying a degree of managerial stability. (Bournemouth, West Brom, Burnley, Stoke, even Leicester to a degree as Shakespeare is a club man) So it's nice that Pards, Sam and FDb all think that we should bring youth through but it shouldnt be a priority for Parish. Get the right manager, and keep him.
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ThatPetrolRelation Ottawa 08 Sep 17 10.13pm | |
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Originally posted by Goldfiinger
I didn't think our wage bill was that high. Express reports it to be about £55m [Link] which is about what others have said? If that's the case then we've about £40-50m to spend on other things including but not limited to transfers. Last couple seasons we've spent about a combined £100m roughly speaking. Both Pards, Sam, Parish and Frank have all spoken about wanting to be able to bring youth through, of course this is best done once our league position is stabilised. But it's apparent the club are keen for the academy to start producing. No way we can keep up with the Jones just by spending $$$$ I'd have thought this was a big draw for Parish when signing frank and can't blame him. It in their 2016 accounts, published this summer: Wages £81m (14th among Prem clubs) Summarized here: Shows out wages bill went from £68M in 2015, to £80M 2016. For some reason fans seem to think we spend a lot less on our players, but I think they are looking at pre-Cabaye/Townsend/Benteke/new-Zaha-deal numbers.
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Tommyp151211 08 Sep 17 10.30pm | |
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Taking a very literal view on that £81 million figure - Averages out at 25 earners on just over £60k a week. So that figure is very realistic.
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Goldfiinger Just down the road 09 Sep 17 9.02am | |
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Originally posted by ThatPetrolRelation
It in their 2016 accounts, published this summer: Wages £81m (14th among Prem clubs) Summarized here: Shows out wages bill went from £68M in 2015, to £80M 2016. For some reason fans seem to think we spend a lot less on our players, but I think they are looking at pre-Cabaye/Townsend/Benteke/new-Zaha-deal numbers. Wow interesting read. Mind boggling to think we're spending £80m on wages. That's all the TV money straight out the door in wages. I suspect therefore our spending budget is way way lower than the 40-50m most of us thought. So when steve says the directors dipped in to their pockets, well surely they have big time, if all the TV money is blown on player wages. Although we've added Sakho to the bill we have let a fair few fringe players on considerable money go. But even so can't imagine its come down much if at all as Zaha contract and couple loan wages. The idea of a manager who is comfortable at bring through academy talent now seems all the more logical and necessary. It's either that or we sell players or assume our billionaire owns will bank roll us. Well for the sake of being a sustainable club I hope Frank turns it round.
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Pierre Purley 09 Sep 17 9.46am | |
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That is the reason FDB is here. To try and build a new sustainable model going forwards.
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Booted Eagle Bristol 13 Sep 17 5.12pm | |
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Originally posted by Pierre
That is the reason FDB is here. To try and build a new sustainable model going forwards. The slipped P has saved you there.
“ [T]here are known knowns; there are things we know that we know.There are known unknowns; that is to say there are things that, we now know we don't know.But there are also unknown unknowns – there are things we do not know we don't know. ” |
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Rudi Hedman Caterham 13 Sep 17 11.37pm | |
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Tosun scored a worldie tonight at Porto in the UCL. About 35 yards out bullet. None of our players can shoot. He may have had a bit of time. Only saw one clip.
COYP |
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Goldfiinger Just down the road 18 Sep 17 6.25pm | |
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Tottenham now monitoring Tosun [Link] Also mentions him saying he'd be playing in the Prem if we'd bid a week earlier for him. Ouch!
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