TheBigIguana
Player Valuation: £100m
Does cash flow matter? We’re talking about regulations built around accounting profit.You can run a loss and be below the threshold and be PSR compliant, but we all know this.
None of that explains the financial need to sell Branthwaite, our cash flow position has/will improve significantly with the obvious equity required for the business to be supplied, some of which as we know is already invested, meeting a big chunk of the remaining LOR liability and reducing debt, thats a start.
Players will be sold but likely on the basis of risk and discretion, Onana and DCL shaped low hanging fruit. We’ve already cleared 30 -40 million in sales and costs, player trading so far, before the above two.
Even as I doubt we are at risk of not being compliant in 24/25, we can sell Branthwaite in 11 months, after he’s played 38 games and another season here if we needed to, but by that stage we could be looking forward to playing at the Toyota Stadium - with a whole year under new ownership.
The assertion it’s necessary to sell financial reasons, just isn’t true, helpful sure, necessary, no.
It’s a narrative in need of correcting.
I mean there’s another side to this too where we still have a thin squad and could use the reinvestment. I know it’s going to get people MAD but we can sell Branthwaite and be better off with smart signings.