2024/25 Kevin Thelwell

I must have just imagined us spending 35 mil on Onana, 25 mil on Beto, 10 mil on maupay etc.

I must have imagined numerous players on high wages being sold or leaving the club when their contracts ended

How much revenue do the mighty Nottingham forest make again every season?

A few things here mate..

Onana was a good prospect who we made money on, we also had cash to spend at the time from the Richarlison sale. Also, as has been well reported by now, if we sign a player for 30 mil on a 5 year deal, we only have to put 6 mil a year on our books for PSR even though we may well pay more than that upfront.

Beto was buy now pay later mate, that's the market we were shopping in, we weren't liquid at all due to the interest on our debt. I understand if people say that's a bad deal and Beto's crap like. But can you imagine what people would have been like had we not brought a striker in that window?

Players on big wages moved on under Thelwell:

- Sigurdsson
- Mina
- Gomes
- Allan
- Walcott
- Tosun
- Delph
- Holgate

Players we got decent fees for under Thelwell:

- Iwobi
- Godfrey
- Onana
- Gordon
- Kean
- Gray
- Simms
- Dobbin
- Cannon
 
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The taps were turned off before the Ukraine war, summer 2021 we spent £1.5m on players which was over 6 months before the Russian invasion and sanctions.

That is true. But our PSR position wasn't great even then due to us splashing out under Carlo and having players on big wages previously.

I think we can both agree that there was a chance that the taps would get turned on again until Russia invaded Ukraine. After that they were turned off for good.
 
A few things here mate..

Onana was a good prospect who we made money on, we also had cash to spend at the time from the Richarlison sale. Also, as has been well reported by now, if we sign a player for 30 mil on a 5 year deal, we only have to put 6 mil a year on our books for PSR even though we may well pay more than that upfront.

Beto was buy now pay later mate, that's the market we were shopping in, we weren't liquid at all due to the interest on our debt. I understand if people say that's a bad deal and Beto's crap like. But can you imagine what people would have been like had we not brought a striker in that window?

Players on big wages moved on under Thelwell:

- Sigurdsson
- Mina
- Gomes
- Allan
- Walcott
- Tosun
- Delph
- Holgate

Players we got decent fees for under Thelwell:

- Iwobi
- Godfrey
- Onana
- Gordon
- Kean
- Gray
- Simms
- Dobbin
- Cannon
Oh jesus christ i just remembered Fabian Delph was an Everton player uuufgzhhh
 
That is true. But our PSR position wasn't great even then due to us splashing out under Carlo and having players on big wages previously.

I think we can both agree that there was a chance that the taps would get turned on again until Russia invaded Ukraine. After that they were turned off for good.

Forest’s psr position is just as bad

You don’t get a points deduction for nothing

So how can you say we can’t spend money for psr reasons but Forest can

Even if you spend nothing up front for Beto your still having to pay that 25 mil at some point in the future

How are forest able to bid 60 mil for cunha just 1 year after a points deduction for psr breaches?

Are they buying cunha on klarna?
 
I must have just imagined us spending 35 mil on Onana, 25 mil on Beto, 10 mil on maupay etc.

I must have imagined numerous players on high wages being sold or leaving the club when their contracts ended

How much revenue do the mighty Nottingham forest make again every season?
One last one as I realise I missed your point on Forest. Yes, Forest will at best have comparable revenue to us and likely less. However, they didn't have lots of high interest loans, they didn't lose a major sponsor, they didn't have a ludicrously high Wages to Turnover ratio like we did. These are all things that compromise PSR.

Forest also had an owner that was willing to spend money. Moshiri turned off the taps as far back as summer 2021. From then on, we only really spent what we got in player sales.

Transfers aren't the only contributor to PSR.
 

Forest’s psr position is just as bad

You don’t get a points deduction for nothing

So how can you say we can’t spend money for psr reasons but Forest can

Even if you spend nothing up front for Beto your still having to pay that 25 mil at some point in the future

How are forest able to bid 60 mil for cunha just 1 year after a points deduction for psr breaches?

Are they buying cunha on klarna?

Just saw this mate, did a 2nd reply above.
 
Forest’s psr position is just as bad

You don’t get a points deduction for nothing

So how can you say we can’t spend money for psr reasons but Forest can

Even if you spend nothing up front for Beto your still having to pay that 25 mil at some point in the future

How are forest able to bid 60 mil for cunha just 1 year after a points deduction for psr breaches?

Are they buying cunha on klarna?
Just spending their CL and PL position money early
See what happens when managers stop talking about relegation 🤣
 
Players on big wages moved on under Thelwell:

- Sigurdsson
- Mina
- Gomes
- Allan
- Walcott
- Tosun
- Delph
- Holgate
I wouldn't really praise Kevin Thelwell for being unable to shift out massively-overpaid players whose contracts were running down. How much money did he generate through the sales of these players? Zero pounds and zero pence I believe. He didn't move them on -- nobody in their right mind would have considered extending any of those players' contracts.
 
One last one as I realise I missed your point on Forest. Yes, Forest will at best have comparable revenue to us and likely less. However, they didn't have lots of high interest loans, they didn't lose a major sponsor, they didn't have a ludicrously high Wages to Turnover ratio like we did. These are all things that compromise PSR.

Forest also had an owner that was willing to spend money. Moshiri turned off the taps as far back as summer 2021. From then on, we only really spent what we got in player sales.

Transfers aren't the only contributor to PSR.

Forest also as a newly promoted team two years ago have been operating on a reduced PSR threshold remember - the losses allowed are t the same as if they'd been up three years or more, now I think they have the full amount of headroom.
 

I wouldn't really praise Kevin Thelwell for being unable to shift out massively-overpaid players whose contracts were running down. How much money did he generate through the sales of these players? Zero pounds and zero pence I believe. He didn't move them on -- nobody in their right mind would have considered extending any of those players' contracts.

That's a fair point mate but you have to ask yourself,if you were another club, why on earth would you spend money on players who are past their best, on big wages and crap?

I was just outlining the limitations Thelwell has had.
 
Forest’s psr position is just as bad

You don’t get a points deduction for nothing

So how can you say we can’t spend money for psr reasons but Forest can

Even if you spend nothing up front for Beto your still having to pay that 25 mil at some point in the future

How are forest able to bid 60 mil for cunha just 1 year after a points deduction for psr breaches?

Are they buying cunha on klarna?

Because their threshold for losses increased after the breaching year. The year they breached they could only lose 62 million or whatever. They had room to spend.

Their payroll for this year is still reported to be lower than ours. And that's after we've removed the utter dross that has drained us the prior two seasons. The two scenarios aren't comparable.
 
Because their threshold for losses increased after the breaching year. The year they breached they could only lose 62 million or whatever. They had room to spend.

Their payroll for this year is still reported to be lower than ours. And that's after we've removed the utter dross that has drained us the prior two seasons. The two scenarios aren't comparable.

forest turnover - 155 mil
everton turnover - 172 mil

ward prowse - 115k
milenkovic - 105k
hudson odoi - 80k
gibbs-white - 80k
chris wood - 80k
sangare - 75k

total annual payroll = 66 mil

doucoure - 130k - contract expires in 6 months
pickford - 125k
gueye - 120k - contract expires in 6 months
tarkowski - 100k
calvert-lewin - 100k - contract expires in 6 months
harrison - 90k - loan expires in 6 months
keane - 80k - contract expires in 6 months

total annual payroll = 71.5 mil

forest are not in a better financial position than us

no chance
 

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