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Just now, JHRover said:

I thought the plan was to be promoted by next summer?

 

In the interests of clarity, the aim is top 6 - but as you said there’s many variables so it’s absolutely imperative that you have a plan to offset the risk of not doing so? 

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Just now, Paul Mani said:

In the interests of clarity, the aim is top 6 - but as you said there’s many variables so it’s absolutely imperative that you have a plan to offset the risk of not doing so? 

Why did Waggott say we were within FFP parameters if there's now a risk and we'll have to sell Dack next summer to comply?

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Just now, JHRover said:

Other clubs do it differently. They might not commit to as large fees as we have with Brereton and Gallagher but when they sign a player they do so for that player to immediately improve their team, not as a 'project'. They might sell someone every 12 months to offset it but then reinvest.

Last time we moved in a 3 season cycle. We spent good money and signed quality under Bowyer, let it grow and then slashed and burned in no time at all, refused to reinvest anything and ended up getting relegated. So we have done the selling part - bringing in more cash than most clubs will have done at this level - we just did it all at once with no ability to strengthen after it. You must be confident in Venkys if you don't think similar could happen next summer.

That’s the plan. But bearing in mind they’re pumping £17m a season of their own money then I guess it’s their prerogative what they do?

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Just now, JHRover said:

Why did Waggott say we were within FFP parameters if there's now a risk and we'll have to sell Dack next summer to comply?

We are currently within. There’s more to selling a player than ffp though. What about the player? My belief is that they’ve asked Dack to stay this season, if we go up he gets PL football and if we don’t they’ll sell him to a PL team. Either way Rovers don’t lose out because you’ve got a seriously motivated Bradley Dack!!

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Just now, Paul Mani said:

That’s the plan. But bearing in mind they’re pumping £17m a season of their own money then I guess it’s their prerogative what they do?

So you're happy or comfortable with the plan which last time saw us end up in League One?

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Just seen this on skysports:

08:29
 
 

 

BLACKBURN IN WALTON TALKS

Blackburn are in talks to sign goalkeeper Christian Walton on a season-long loan from Brighton, Sky Sports News understands.

The 23-year-old has spent the past two seasons on loan at Wigan, helping them win the League One title during his first campaign at the DW Stadium.

Blackburn have been looking to bolster their goalkeeping options after allowing David Raya to join Brentford.

Walton, who has been capped by England at U19, U20 and U21 level, has two years remaining on his contract at the Amex Stadium.

 

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Just now, JHRover said:

So you're happy or comfortable with the plan which last time saw us end up in League One?

Haha - It’s completely out of my control either way mate! If I owned the club, had the money and the inclination to spend £17m a season of my own money then I’d feel more confident! 

Venkys are behaving very different to the Bowyer era imo and I think they trust Waggott and TM. But who knows, they might decided to cash in their chips at anytime!? Could you blame them? 

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Sorry lads, I know I am possibly asking something that has already been answered. But is it true to say that the expected in-comings for today are Walton and Adarabioyo?

And then, (possibly later this week?) we should be welcoming the experienced keeper and centre-half?

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Just now, Give 'Em the Axe said:

Sorry lads, I know I am possibly asking something that has already been answered. But is it true to say that the expected in-comings for today are Walton and Adarabioyo?

And then, (possibly later this week?) we should be welcoming the experienced keeper and centre-half?

Yes, I think that’s the plan

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Just now, Give 'Em the Axe said:

Sorry lads, I know I am possibly asking something that has already been answered. But is it true to say that the expected in-comings for today are Walton and Adarabioyo?

And then, (possibly later this week?) we should be welcoming the experienced keeper and centre-half?

Walton and Adarabioyo set to sign today.

We will then look at what is left within the budget and see what we can get with the remaining budget with an experienced goalkeeper being the key and then a centre back if the budget stretches that far.

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Just now, Give 'Em the Axe said:

Sorry lads, I know I am possibly asking something that has already been answered. But is it true to say that the expected in-comings for today are Walton and Adarabioyo?

And then, (possibly later this week?) we should be welcoming the experienced keeper and centre-half?

I think the first bit is correct.

As for what else is to come, god only knows.

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Just now, JHRover said:

 

Last time we moved in a 3 season cycle. We spent good money and signed quality under Bowyer, let it grow and then slashed and burned in no time at all, refused to reinvest anything and ended up getting relegated. So we have done the selling part - bringing in more cash than most clubs will have done at this level - we just did it all at once with no ability to strengthen after it. You must be confident in Venkys if you don't think similar could happen next summer.

That’s a strange way of explaining our finances under Bowyer.

Surely it’s worth mentioning that he inherited the 50m a season black hole in finance, countless staff and players still being paid after leaving, and a completely hacked to death academy system / squad chock full of insane contracts for average players.

I personally don’t think this scenario and that one stacks up. For example, I’d probably hazard a guess that the wages of Johnson, Downing, Dack, Lenihan and Graham are insignificant now compared to the likes of Jason Lowe, Jake Kean, David Goodwillie etc of the time.

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Just now, Kamy100 said:

Walton and Adarabioyo set to sign today.

We will then look at what is left within the budget and see what we can get with the remaining budget with an experienced goalkeeper being the key and then a centre back if the budget stretches that far.

Hmm, so it's all about the money then..

I thought our owners were slumdog billionaires.?

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Just now, JHRover said:

Why did Waggott say we were within FFP parameters if there's now a risk and we'll have to sell Dack next summer to comply?

We were told at the last consultation meeting by both Steve Waggott and Mike Cheston that it would be tight with regard to FFP by next summer.

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Just now, Kamy100 said:

Walton and Adarabioyo set to sign today.

We will then look at what is left within the budget and see what we can get with the remaining budget with an experienced goalkeeper being the key and then a centre back if the budget stretches that far.

ie back to front!

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19 minutes ago, unsall said:

Hmm,think he’s going to sort out the goalkeeper situation and defenders, according to all reports, and still keep in FFP regs, which is not easy, other clubs have had to sell the grounds etc to comply, pointless to keep going back and blaming Venkys (we all know they screwed up) but whatever you think of them,we need them to keep pumping money in every month, yes I know we can be like Bournemouth,Leicester etc but teams like Fulham who are mega rich still get relegated, and you mention Bolton/ Bury and don’t want to be compared with, but we could easily end up like them if the owners decide to cut and run. I’m just grateful we aren’t in their position and very hopeful we can have a decent season. 

Thanks for a very sensible assessment of the position we are in.  I totally agree with everything you say.  I'm sure a few years ago both Bolton and Bury fans were saying someone will buy us - and they did and look where they are now.  Slow and steady progress may not be exciting but I'm more than happy to keep on that path rather than gamble the future of the club away.  As you say, massive mistakes were made early on but we can't alter that - the past is the past - we can only look to the future and, sadly, our income streams mean we are always going to be up against it with regard to FFP.

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Just now, WIR Second Coming said:

Hmm, so it's all about the money then..

I thought our owners were slumdog billionaires.?

There is an agreed amount that TM and Waggott were happy to work with, they have then further supplemented that with the sale of Raya.  

I much prefer this approach where we are spending what we can realistically afford rather than the uncontrolled spending of the past.

Personally, I would have liked for the defence to reinforced before buying a striker but these are decisions made by TM and he will live or die by them if he gets it wrong,

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Just now, Parsonblue said:

Thanks for a very sensible assessment of the position we are in.  I totally agree with everything you say.  I'm sure a few years ago both Bolton and Bury fans were saying someone will buy us - and they did and look where they are now.  Slow and steady progress may not be exciting but I'm more than happy to keep on that path rather than gamble the future of the club away.  As you say, massive mistakes were made early on but we can't alter that - the past is the past - we can only look to the future and, sadly, our income streams mean we are always going to be up against it with regard to FFP.

Then we need to be bloody careful with what we do spend... last summer’s deadline day could hamper us significantly.

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Just now, 47er said:

ie back to front!

It's almost like he's tried his level best not to bring in an good experienced CB lol

Charlie bhoy must really hold some sway.

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Just now, Kamy100 said:

Walton and Adarabioyo set to sign today.

We will then look at what is left within the budget and see what we can get with the remaining budget with an experienced goalkeeper being the key and then a centre back if the budget stretches that far.

Crazy to prioritise signing 2 goalkeepers over signing 2 centre backs.

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Just because Mowbray has said he wanted to increase his budget by selling, it doesn't mean he doesn't already have a decent one...

Maybe Mowbray wanted to sign a 5m centre forward and a 5m centre half- therefor he needed to sell a player to buff his budget out..

Even massive sides sometimes have to sell players they'd otherwise like to keep to allow them to bring someone in..
 

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21 minutes ago, Paul Mani said:

Of course there are variables. But I didn’t even mention Travis, Buckley, Lenihan, JRC etc who could also command big fees. 

As for rolling the dice? Wow, they literally cannot win. If you / we want them to have the slightest chance of going up they have to spend money. How else are they going to generate the cash to stay within ffp? They are simply trying to grow as many assets as possible to offset the risk. Oppositely, we go back to living within our means, struggling to 15k fans through the gates and languish in the lower part of the championship?

Q - How many other clubs with similar gates and income and no parachute money are spending like we are and not selling their Crown Jewels every summer? 

It's a policy that is built on sand in my view. Therefore it's a roll of the dice. Selling your best players, as we have seen in the past is not a good policy.

Derby and Forest (albeit with smaller gates) have circumvented FFP with some imagination. 

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