It is, get the easy bit done of beating *checks fixtures* Arsenal, and away we go.
Ain't over until the numbers say its over
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It is, get the easy bit done of beating *checks fixtures* Arsenal, and away we go.
Don’t get me wrong there are similarities and relegation will be a terrible thing but what I will say is that although trousering the Gordon money without spending a penny does push us closer to relegation it also moves us further away from disaster if we do go down.anyone remember Leeds in about 2004 ? In real financial trouble just about stayed the season before when they appointed reidy . Started the season by selling off assets & not replacing them. Sacked reidy when they found themselves in real trouble , brought in a couple of crap free or loan types but with no money looked doomed and disappeared down the leagues .
There are definitely similarities there unfortunately.
anyone remember Leeds in about 2004 ? In real financial trouble just about stayed the season before when they appointed reidy . Started the season by selling off assets & not replacing them. Sacked reidy when they found themselves in real trouble , brought in a couple of crap free or loan types but with no money looked doomed and disappeared down the leagues .
There are definitely similarities there unfortunately.
In the EFL We can lose 39 million over 3 seasons , we’ve lost over £371.m in the last 3 with premier league tv money . Personally I don’t think there is a chance in hell we comply.Don’t get me wrong there are similarities and relegation will be a terrible thing but what I will say is that although trousering the Gordon money without spending a penny does push us closer to relegation it also moves us further away from disaster if we do go down.
EFL P&S rules are tight and if, as estimated, we now post a small profit for this season it is an enormous help with that. The wage bill is slowly coming down as high earners depart and more like Mina and Doucoure will depart in the summer.
We will probably have to find about 100m between sales and wages but that is very achievable with some players who could be sold fairly easily (Pickford, Onana etc) and a few other higher earners who would have PL takers at the right price. We wouldn’t need a complete fire sale.
We still need investment (for the stadium in particular) and really need new owners but in terms of the nuts and bolts of the finances I think we are better positioned to withstand relegation than in any recent season.
The number for P&S will be different after covid deductions, and then there is a conversion for the purposes of comparing PL p&s to the EFL rules. I’m not exactly sure where that leaves us but I know if this season is break even or slight profit it stands us in much better stead than if we’d tried to buy our way out of trouble and failed.In the EFL We can lose 39 million over 3 seasons , we’ve lost over £371.m in the last 3 with premier league tv money . Personally I don’t think there is a chance in hell we comply
This could all be a plot to get us relegated and rebuild with bielsa
Do we know how that 3 year rule applies to clubs when they go down? Does the 3 year cover Premier League seasons as well or does it start with the first season in EFL? I know there was some talk on moving to a system based on expenditures to revenue, but to be honest I don't know the latest. I'm curious if our previous losses or wages will be the biggest issue. Either way, there's no question that any violations will lead to point deductions.In the EFL We can lose 39 million over 3 seasons , we’ve lost over £371.m in the last 3 with premier league tv money . Personally I don’t think there is a chance in hell we comply.
In which case, we're still in the title race then? Only 35 points off top with 18 games to go.Ain't over until the numbers say its over
Yeah look I’m pointing at the last 3 years as an indicator . We’ll lose about £60m in TV revenue , they factor a minimum of 1/3 in sponsorship revenue and last year is almost definitely going to be a significant loss . If this year is a profit , if , it’d have to be fairly substantial to make a dent in those shortfalls.The number for P&S will be different after covid deductions, and then there is a conversion for the purposes of comparing PL p&s to the EFL rules. I’m not exactly sure where that leaves us but I know if this season is break even or slight profit it stands us in much better stead than if we’d tried to buy our way out of trouble and failed.
As far as I know , and I’m far from certain , it doesn’t start with relegation although I’d be delighted to hear that was the case .if it isn’t I’d hope you might see more flexibility, I know they give you another 30 odd million in terms of losses I think , factoring that into penalties although we’re already operating on warnings .Do we know how that 3 year rule applies to clubs when they go down? Does the 3 year cover Premier League seasons as well or does it start with the first season in EFL? I know there was some talk on moving to a system based on expenditures to revenue, but to be honest I don't know the latest. I'm curious if our previous losses or wages will be the biggest issue. Either way, there's no question that any violations will lead to point deductions.
Everybody else in the window strengthened & we have weakened our squad, makes no sense
Players like Orsic & Big Paul now at Southampton would of made instant impacts here