2019/20 Marcel Brands

[Toffe3m4n]

We've relied on player sales for the bulk of players bought since the carpetbagger arrived.

Where did the c.£45m come from for Richarlison in the summer? the £30m for Yerry Mina? the Lukaku money was already long gone by then courtesy of messrs Koeman and Walsh..

 

[deipnosophist]

We've relied on player sales for the bulk of players bought since the carpetbagger arrived.

I recall, back in the 70s, Harold Robbins wrote a novel titled The Carpetbaggers...I never read it, but I'm supposing a young Farhad did. It certainly seems to have made an impression on him.

 

[deipnosophist]

Where did the c.£45m come from for Richarlison in the summer? the £30m for Yerry Mina? the Lukaku money was already long gone by then courtesy of messrs Koeman and Walsh..

I suspect you're guilty here of letting the facts get in the way of a fanciful narrative...

 

[ijjysmith]

Another year left. 5 year deal for him. Unreal.

My god

 

[catcherintherye]

Mori £8M; Klaassen £12M; Rooney no fee.

£20M brought in for those three. Not great really, is it?

Apparently it was the figures I suggested. Did we not just overpay massively for Klaassen? That seems the issue to me.

 

[ForeverBlue92]

I recall, back in the 70s, Harold Robbins wrote a novel titled The Carpetbaggers...I never read it, but I'm supposing a young Farhad did. It certainly seems to have made an impression on him.

Wreck my ed you m8 lol

 

[Neiler]

We've relied on player sales for the bulk of players bought since the carpetbagger arrived.

We could do with shifting someone before the end of the week, May 31st to be precise. We are posting a massive loss this year the biggest in the clubs history in my opinion, I make it 70 -80 million.

 

[CRIMHEAD]

We could do with shifting someone before the end of the week, May 31st to be precise. We are posting a massive loss this year the biggest in the clubs history in my opinion, I make it 70 -80 million.

We incurred 75M on player trading last year and incurred another 82.7M in future transfer fees that will show up on this years accounts. Farhard put in 100M to take care of the transfer fees and pay down the 60M facility that had draw down 43M. So the loss is already paid for, but yeah, it'll be a big loss unless we have another big sale.

Last year we had a $13M loss, but we also had 88M come in from player sales. We've sold only Klaassen, Browning, and Mori for around 25M. We won't have the 14M buyout of the management staff, we won't have 8M of player impairment charges (non-cash, doesn't really matter, but counts for the P/L). So that puts us around 88M - 25M - 14M - 8M = 41M worse than last year, where we already lost 13M, spent at least 7.7M more in transfer fees, and that's 61.7M of a loss if everything else remains the same, and we KNOW salaries went higher even with the loss of Rooney and all the loans we had.

But salaries have gone up, too, even though we did have some loans and lost Rooney.

It really comes down to Farhad. If he's fine dropping 100M of his own cash every year, that's amazing, but we shall see. If we can cut down on the wage bill, which shouldn't be too hard, I'm sure he'd be fine doing it again.

Jags and Baines are gone, but McCarthy, Niasse, Mirallas, Tarashaj, Martin, and Garbutt are in their last year, which is probably 14-15M a year in salary right there, so they should be easy to move, even Mirallas for a single year. Now if we can move Schneiderlin, Tosun, Walcott, Bolasie, and Sandro, that's another 20M at least gone. We could maybe get 50M for all of those guys, but that's still an 85M or so swing the other way with almost no loss in on-field performance.

 

[Westend Blue]

We incurred 75M on player trading last year and incurred another 82.7M in future transfer fees that will show up on this years accounts. Farhard put in 100M to take care of the transfer fees and pay down the 60M facility that had draw down 43M. So the loss is already paid for, but yeah, it'll be a big loss unless we have another big sale.

Last year we had a $13M loss, but we also had 88M come in from player sales. We've sold only Klaassen, Browning, and Mori for around 25M. We won't have the 14M buyout of the management staff, we won't have 8M of player impairment charges (non-cash, doesn't really matter, but counts for the P/L). So that puts us around 88M - 25M - 14M - 8M = 41M worse than last year, where we already lost 13M, spent at least 7.7M more in transfer fees, and that's 61.7M of a loss if everything else remains the same, and we KNOW salaries went higher even with the loss of Rooney and all the loans we had.

But salaries have gone up, too, even though we did have some loans and lost Rooney.

It really comes down to Farhad. If he's fine dropping 100M of his own cash every year, that's amazing, but we shall see. If we can cut down on the wage bill, which shouldn't be too hard, I'm sure he'd be fine doing it again.

Jags and Baines are gone, but McCarthy, Niasse, Mirallas, Tarashaj, Martin, and Garbutt are in their last year, which is probably 14-15M a year in salary right there, so they should be easy to move, even Mirallas for a single year. Now if we can move Schneiderlin, Tosun, Walcott, Bolasie, and Sandro, that's another 20M at least gone. We could maybe get 50M for all of those guys, but that's still an 85M or so swing the other way with almost no loss in on-field performance.

FFP rules are our biggest threat we need to reduce what we spend on wages or increase our revenue

 

[CRIMHEAD]

Where did the c.£45m come from for Richarlison in the summer? the £30m for Yerry Mina? the Lukaku money was already long gone by then courtesy of messrs Koeman and Walsh..

Farhad paid 100M for the transfers and lowering of the credit facility balance this summer. It's already been paid for without player sales. We'll still have a big loss, but the owner already took care of it. What a jerk.

 

[CRIMHEAD]

FFP rules are our biggest threat we need to reduce what we spend on wages or increase our revenue

Yeah, but one decent sale and it won't look THAT bad. Plus, we aren't in Europe right now.

 

[Nymzee]

FFP rules are our biggest threat we need to reduce what we spend on wages or increase our revenue

I thought it was STCC (?) that’s our problem not FFP.

 

[CRIMHEAD]

I thought it was STCC (?) that’s our problem not FFP.

I thought the Short Term Cost Controls were just part of FFP? It also has to do with rising salaries and contract costs. Keep in mind, we did have a revenue increase due to commercial activities, so that helps a bit, and we also had some trading profit, but yeah, salaries jumped up by almost 30M.

 

[Nymzee]

I thought the Short Term Cost Controls were just part of FFP? It also has to do with rising salaries and contract costs. Keep in mind, we did have a revenue increase due to commercial activities, so that helps a bit, and we also had some trading profit, but yeah, salaries jumped up by almost 30M.

Not sure. I always thought FFP was fees and STCC was wages.

 

[Neiler]

We incurred 75M on player trading last year and incurred another 82.7M in future transfer fees that will show up on this years accounts. Farhard put in 100M to take care of the transfer fees and pay down the 60M facility that had draw down 43M. So the loss is already paid for, but yeah, it'll be a big loss unless we have another big sale.

Last year we had a $13M loss, but we also had 88M come in from player sales. We've sold only Klaassen, Browning, and Mori for around 25M. We won't have the 14M buyout of the management staff, we won't have 8M of player impairment charges (non-cash, doesn't really matter, but counts for the P/L). So that puts us around 88M - 25M - 14M - 8M = 41M worse than last year, where we already lost 13M, spent at least 7.7M more in transfer fees, and that's 61.7M of a loss if everything else remains the same, and we KNOW salaries went higher even with the loss of Rooney and all the loans we had.

But salaries have gone up, too, even though we did have some loans and lost Rooney.

It really comes down to Farhad. If he's fine dropping 100M of his own cash every year, that's amazing, but we shall see. If we can cut down on the wage bill, which shouldn't be too hard, I'm sure he'd be fine doing it again.

Jags and Baines are gone, but McCarthy, Niasse, Mirallas, Tarashaj, Martin, and Garbutt are in their last year, which is probably 14-15M a year in salary right there, so they should be easy to move, even Mirallas for a single year. Now if we can move Schneiderlin, Tosun, Walcott, Bolasie, and Sandro, that's another 20M at least gone. We could maybe get 50M for all of those guys, but that's still an 85M or so swing the other way with almost no loss in on-field performance.

I still think it will be between 70 -80 mill myself, dont forget turnover will be down with no European football either and one or two other cuts.