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2023/24 Kevin Thelwell

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Paddy Boyland’s Athletic article reckons we only paid the Danjuma loan fee this summer upfront. Brought in £45m in transfer fees and have cleared £40m a year from the wage bill. The wage/turnover ratio should now be in a far more manageable state.
 
Paddy Boyland’s Athletic article reckons we only paid the Danjuma loan fee this summer upfront. Brought in £45m in transfer fees and have cleared £40m a year from the wage bill. The wage/turnover ratio should now be in a far more manageable state.
So we paid none of Beto’s up front? Id be very surprised
 
So we paid none of Beto’s up front? Id be very surprised

Apparently not. Could've read it wrong but I think it was something like £5mill up front then nothing until the next financial year. Chermitti is on a similar structured deal.

Probably talking £15mill or less of actual money being taking out the club on transfers so far this financial year. January could change that.
 

Apparently not. Could've read it wrong but I think it was something like £5mill up front then nothing until the next financial year. Chermitti is on a similar structured deal.

Probably talking £15mill or less of actual money being taking out the club on transfers so far this financial year. January could change that.
Yeah I’ve just read it. Supposedly not paying a thing for him or Chermiti until the next financial year. Seems odd that other clubs would accept that.

Wonder where that actually leaves our wages to turnover %. I assume the Esk will have worked all that out and it will appear on twitter at some point.

Now we just need to stay up.
 
Yeah I’ve just read it. Supposedly not paying a thing for him or Chermiti until the next financial year. Seems odd that other clubs would accept that.

Wonder where that actually leaves our wages to turnover %. I assume the Esk will have worked all that out and it will appear on twitter at some point.

Now we just need to stay up.
That's the risk with putting anything on hire purchase or layby as we have with our signings this summer, if we don't have the money later we're in trouble, I mean we'll get a parachute payment if we go down I suppose but we're spending ahead of ourselves trying to stay afloat and it's a sorry state for the club to be in, cheers Bill.
 
From the article;
F89B74F0-70BC-4A07-B90F-B816953770BA.webp
 
Yeah I’ve just read it. Supposedly not paying a thing for him or Chermiti until the next financial year. Seems odd that other clubs would accept that.

Wonder where that actually leaves our wages to turnover %. I assume the Esk will have worked all that out and it will appear on twitter at some point.

Now we just need to stay up.

That's the thing.

It may sound good on paper. But it's left the manager short IMO (again) and usually the lowest spenders in the league get relegated or are at least in a scrap.

That's where we are.

For the all the stick Thelwell gets (and I'm not a fan) he's clearly been given a tough job to do.
 

That's the risk with putting anything on hire purchase or layby as we have with our signings this summer, if we don't have the money later we're in trouble, I mean we'll get a parachute payment if we go down I suppose but we're spending ahead of ourselves trying to stay afloat and it's a sorry state for the club to be in, cheers Bill.

We will have money to cover the buys. It's damage protection for the books to look healthy.

Since January you're talking £80+million in player sales...then £33mill odd on in comings spread over 5 years (or whatever their contracts are).

Come to the next financials...if we're not in the black turning a profit (and hopefully still in the league) on the back of that, then we're screwed.
 
Yeah I’ve just read it. Supposedly not paying a thing for him or Chermiti until the next financial year. Seems odd that other clubs would accept that.

Wonder where that actually leaves our wages to turnover %. I assume the Esk will have worked all that out and it will appear on twitter at some point.

Now we just need to stay up.
Like anything you but this way it just means you’re paying more for the privilege so they say they want 20 mil and we say what about 25 but you have to wait until next year to get it.
 
We will have money to cover the buys. It's damage protection for the books to look healthy.

Since January you're talking £80+million in player sales...then £33mill odd on in comings spread over 5 years (or whatever their contracts are).

Come to the next financials...if we're not in the black turning a profit (and hopefully still in the league) on the back of that, then we're screwed.

Yeah I struggle to understand how people fail to see that we’ve brought in a load of money, massively reduced the weekly squad wage & have made profit on player sales 3 years in a row… we will look really good going into that meeting in October.
 
For all the frustration around deadline day and not managing to bring in the last target or two, I think the recruitment people have done a remarkable job this summer.

I can't imagine how difficult it is to persuade teams to accept zero up front to part with players.
Yes I would have to agree. The cash budget was effectively close to zero.
So in that sense, they did a good job with two hands tied behind their backs.
The focus needs to be firmly on Moshiri and Kenwright, who bear the responsibility.
How are we meant to survive in the Premier League like this?
Sides in The Championship who expect to be fighting relegation will have more cash than this.
 
Yeah I struggle to understand how people fail to see that we’ve brought in a load of money, massively reduced the weekly squad wage & have made profit on player sales 3 years in a row… we will look really good going into that meeting in October.
No I understand it, but to use the classic "wheres the Arteta money " line, I worry if some of it disappears to never be seen again. Moshiri can't access the funds he used to, I hope we stay up and are able to fund next summers window. We are making some positive financial moves regarding clearing players and wages.
 

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