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You all realise this is based on a three year cycle? Allowing for losses of 94 million over a three year period.
That this 3 year cycle being
2017 = 30.6 profit
2018 = 13.1 loss
2019 = 111.8 loss.
So starting now we are now at 124.9 loss. We will need to make at least a 31 million profit by 2021 to avoid FFP penalties.
Would love to know how Ancelotti is going to strengthen without selling one of the 3-4 players who have value and we want to keep.
That this 3 year cycle being
2017 = 30.6 profit
2018 = 13.1 loss
2019 = 111.8 loss.
So starting now we are now at 124.9 loss. We will need to make at least a 31 million profit by 2021 to avoid FFP penalties.
Would love to know how Ancelotti is going to strengthen without selling one of the 3-4 players who have value and we want to keep.
If you realise that, not sure the many accountants and professional people within the FA won't and will just say 'Duhhhh..that's good isn't it'.
Think the limit is £105m, and not everything we spend counts against it, so those figures will be fairly different.
as others have said we can take out stadium development costs etc which i think was about £30mil?
Also, we made £70mil in transfers last summer. If we can make something similar this summer then we'll be fine.
Not that I think we're going to have major problems, but remember when we were spending £45m on Siggy, £25 on Klaasen etc etc and people we saying stuff like "I don't care, it's not my money", and expecting us to start dropping £ms all over the place (even more than we have!)? This is why stuff like that matters.
brieverton
Player Valuation: £50m
It matters immensely. The money spent was meant to propel us into the Top Six at least, and we have at best stalled and and worst gone backwards, all that money spent, all the transfer hype, manager changes, all for nothing.
It has to stop. This is probably the first transfer window where I'd rather we signed nobody if otherwise its going to be a repeat of throwing good money after bad. It's ridiculous and sooner or later will catch up with us.
I'm really hoping Ancelotti will help in ensuring we get for more value for money but the last few years have been simply awful. We cannot be throwing more money on the equivalents of Schneiderlin, Tosun, Sigurdsson etc etc etc. And with stadium financing to secure as well. Enough is enough.
It has to stop. This is probably the first transfer window where I'd rather we signed nobody if otherwise its going to be a repeat of throwing good money after bad. It's ridiculous and sooner or later will catch up with us.
I'm really hoping Ancelotti will help in ensuring we get for more value for money but the last few years have been simply awful. We cannot be throwing more money on the equivalents of Schneiderlin, Tosun, Sigurdsson etc etc etc. And with stadium financing to secure as well. Enough is enough.
Swiss Ramble has gone through the turnover results on his Twitter today.
It's not comfortable reading i have to say.
It's not comfortable reading i have to say.
ForeverBlue92
Player Valuation: £80m
Neither were City or Chelseas in the early stages.
Without FFP Usmanov would have given us a daft injection / sponsorship deal and all would be well.
Sadly we have to do things a bit smaller/ slower over time.
An example is I would imagine naming rights on the stadium will be around £20-25 million per year for say 5 years BUT 2-3 years in that'll increase to say £30 million+ like the Finch Farm deal went from £6 mil to £12 mil to not arouse suspicion.
Again check our accounts in a few years time and they'll look much healthier.
Its a very good breakdown.
CielosGrises
Player Valuation: £25m
Imagine if Moshiri was hit by a bus tomorrow - we'd be stuffed.
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