
Mashed Potatoes
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Uncouth Garb - The BRFCS Store
Everything posted by Mashed Potatoes
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Have a look at their 2019 accounts, the last year unaffected by COVID for which accounts are available. They show turnover of £460.7m and pre tax profit of £87.3m. Our 2019 accounts show turnover of £16.7m and a pre tax loss of £18.2m. Who do you think is going to be able to make the better financial offer ? ( A clue : it won't be us )
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Fulham got £1.5m plus a further £2.8m in contingencies dependent upon the player's performance. Elliott had already played in the Premier League when he moved to Liverpool. The £250k quoted for Phillips is clearly too low and probably just a case of Daniel Levy trying his usual hardball negotiating - which in the past has been known to blow up in his face. If the player is as good as some are saying perhaps our best course of action is to keep him for the season -which from some of the posts above it appears we can do - hope that he is good enough to play quite a few games, plays well, and then the tribunal will place a high valuation. Even better we might get promoted and can then afford a much better offer..........
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Someone else will be able to answer your question. I suspect that if he waits until the end of the scholarship the club gets no compensation of any kind - perhaps someone can clarify. We've seen with the likes of Harvey Elliot and before him, Jadon Sancho and Raheem Sterling, players moving in their mid teens to Champions League clubs and their previous clubs, Fulham, Watford and QPR getting a fraction of their market value in compensation. I know there will be people who want to blame the likes of Steve Waggott and Tony Mowbray but it's not their fault.
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In my opinion anybody putting JDT "under pressure" a few weeks in to his tenure is foolish. It can take time to get things the way the manager wants and, unless he proved to be completely hopeless which I don't think he will be, I would wait until the end of next season to assess him. Corberan at Huddersfield finished 20th in his first season before taking them to the play off final the next season.
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How many millions was that ? As I pointed out, parachute payment clubs have an advantage - you don't hold that against the manager and call them a fraud. Dalglish had a huge financial advantage managing us in the Second Division but had to rely on the play-offs to get promoted. Was he a "fraud" as well ?
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Nothing there justifies the use of the word "fraud". Most teams who get promoted from the Championship have spent millions because the parachute payments system gives them that advantage - albeit often they will have raised millions in transfer fees through sales of their 2 or 3 best players. All the manager can do is get his team promoted, which is what Parker has done in his 2 seasons in the Championship. Good managers do get late wins - Paisley and Ferguson were masters at it.
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Thanks. When you say 75%, is that just players or everybody ? With income around £17m that would imply wages are in the region of £12.75m which is around half of 2 years ago. Have they come down that much ? (Does "wages" include employers NI which is now 15.05% so if included takes out just over 13% of the limit )
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Thanks for this. Do you have a link for the detail ? Is "wages" the bill for all employees at the club, or just the players ? Are any players exempt, eg those under 21 ? Is it monitored in real time and what are the sanctions for failure to comply ? Does turnover include profits/losses on transfers ? Looking at published accounts the last set of accounts to 2021 showed wages at £25.7m with the last set of accounts for a normal non COVID affected year to 2019 showing turnover of £16.7m which would have meant, with a 90% test, wages of £15m and, with a 70% test ,wages of £11.7m. Even if the owners could put in more money for transfers it's not going to be much help if the club are unable to buy more expensive players if their wages bust the limits.
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What do you think is the minimum fee the club should accept ? What if we don't get an offer that matches that ? Supposing the player and his representatives have decided that they are happy to run down his contract in the belief that a signing on fee from a new club - say £5m or so - sets him up financially ?