So there is a lot we dont know as we only have published accounts up to end of June 2021. So for 21/22 we are projecting and so we are into the realms of trying to work it out, until 21/22 is published in Dec/ Jan.
This is my take so its likely, our turnover drops from £193 million to about £175 -£180, a couple of reasons for this the USM sponsorship was worth £20 mill a season to us and thats gone, while we will receive less money in prize money from the PL for finishing just above the relegation zone, compared to Carlos last year. So our income is down. We will have some exceptional costs that will bite like sacking Benitez as well. In the summer of 21 we saved about 30 mill in costs, another 10 mill in Jan less, whatever we took on in new signings and costs last summer - Demari, Townsend etc and Jan Myko, Dele, Patterson etc. I think we shaved about 30 mill of our costs - so i think our wages and amoritastion in next accounts will be £230 mill odd. So essentially we make about £180 mill and spend, £230 mill so we have a short fall of 50 mill, some other factors will come into that net transfer profit 7.5 mill fee on Jamo, we may have made a net profit on Digne with Myko etc. But n and around we will make a loss of 50- 70 mill. We sold Richarlison just before July 1st for 50 mill upfront rising to £60 mill, so we are probably within just about small profit or a small loss over all, essentially Richarislons fee goes into managing costs though and isnt a war chest. That will help hugely with our regulation position in the next couple of years.
So heading into 2022-2023, because we took such a hair cut, we have a bit of scope, 10-20 million in costs to take on which might mean we will butyytwo players depending on the finances, others will be Lingard, Tarowoski signings or loans. So we might see 4-5 players but two could be Lingards and Tarowskis, a loan and couple of signings - if the deals are right, we are tight and have limits.
From July 1st we have saved another £42 million in wages and amortisation, so next year our wages and amortisation drops to a more manageable £190 mill per year, before we take anything on this summer.
Thats my projection and its loose, as nothing is published im just working it out and projecting from other figures in the public domain. There may be some bits not known like, Covid losses or rumors of Gylfis costs being given an amnesty by the PL because of his situation for Regulation - so if thats true we may have abit more scope over the budget of 10-20 mill i think we have for new players. When i say budget i dont mean transfer fees - im talking costs for example - Mina costs us 11 mill a year, Richarilson 14 mill (used to anyway), i think we can take on 10-20 mill in costs.
That just my take anyway.
