bol-uk
Player Valuation: £50m
Over the last 5 years, since they came up, they've spent 7 million net to our 4 million in transfer fees. Most of their players in were funded by sales (cabaye, ba, barton, nolan, carroll, enrique etc.).
They've spent 99 million to our 88 million in gross but that's because they've earned more by selling.
Other the same 5 years they've also spent another 2 million on agents compared to us. We tend to be the 10th biggest spender on agents and they tend to be the 9th.
So last 5 years, they've spent 5 million more on transfers. So a million extra a year.
But we pay bigger wages. 69 million last year to their 64 and over the 5 years about 3 million a year extra. So if you can offer bigger wages, that gives you more options in terms of what players you can bring in (Arsenal for instance managed to stay in the top 4 for years while not buying much on the back of paying huge wages).
So in terms of agent fees, transfers and wages, we spend about 2 million more a year on our playing squad then they do on theirs.
Which isn't much but we're really really good at being effecient with money so matching us on slightly less is quite impressive.
Pardew is literally the only manager to finish above us in the last 8 years who hasn't had a budget more than twice as big as us. Teams who can't spend 3-4 million for every million we spend don't really ever do better than us and for one season his newcastle team did.
So I don't think he really is a terrible manger. Not a great one obviously but he has something about him.
WOW,that really is a concise answer! Very impressed. Also, amazed at how well pardew has actually done according to those figures.
Thanks