catcherintherye
Player Valuation: £80m
We have to hope Mosh Man can hoodwink the PL one final time for last years accounts.
I know we finished 16th but I just cant see how we supposedly lost £70-80 millions when you factor in Digne/Benard/James/Bolasies wages gone and a profit on the books from Dignes sale.
Hopefully we can offset as much of that as possible to the Stadium/BMD.
We need to be able to spend.
The issue is mate, the core business loses money. The wage bill is nearly 90% of it's turnover. We have obviously trimmed it a fair bit last summer, and further this summer. That's before any transfers come in. Depending on how deals were structured, we would probably have broken even last year on that.
Essentially we need to be buying, but crucially selling a lot more. That generates accounting profits and helps subsidise the wage bill.