In 2013, we earned 86 million. 55.5 million from Tv deals, 17.5 million from match days, 12 million from commercial deals and 1 million from catering.
Now we want to win trophies and play in europe and be succesful as a club. You can't do that on a budget of 86 million a year, or it's very hard to anyway. We have over 40 million pounds of debt, we've sold our training ground, we've reduced our wage bill that is already only the 10th highest in the league and less than a third of what the regular trophy winning team pays, we don't pay as much top agents as 9 or 10 other teams to which means a lot of agents refuse to work for us and it's still been ten windows since we've been able to even spend all the money we've earned in transfer fees.
We can carry on as it is and hope that the excellent managers the board are able to attract can bridge the huge gaps in finances between us and the top 4 and make every one of our pounds out perform two pounds spent at liverpool and utd and spors. Cos Steve is right if we start winning the stuff on the pitch, things off the pitch will look rosier. But this has basically been the tactics that haven't given us a trophy in nearly twenty years, it's hard to win stuff when your rivals outspend you 3 or 4 to 1 on both fees and wages.
Or we can try and increase that income so that gap isn't quite as big.
Now the easiest way is to get investment from a board memeber who is willing to pump their own money in, this is what has happened at most other premier league clubs. Our chairman has said his main goal is to get that kind of investment for this club, but he has failed at that for 12 years (whether that's because he's gone about it badly or because it's an unachievable aim I don't know, but it's failed).
Therefore you have to look at increasing our income, which isn't all that high. Regular CL football would help, but the extra money you'd have to pay to get the players good enough to do that would probably be more.
So you have to look at the 17.5 million from match days, the 12 million from commercial deals and the 1 million from catering. And see if we can get those deals higher.
And they haven't risen at all over the last three years. Again either it's impossible to do (because of what Steve says above about our facilities and lack of name recognition) or our board isn't going the right way about doing it (which is what Davek argues).
I just hope to god they don't start increasing the ticket prices to arsenal like levels, because our fanbase can't afford that and it would kill the club as what it is. It's one of the things Kenwright has done right here (he's employed excellent managers, he's kept us stable and running and in no danger of administration, and he's kept the tickets broadly affordable).
Now we want to win trophies and play in europe and be succesful as a club. You can't do that on a budget of 86 million a year, or it's very hard to anyway. We have over 40 million pounds of debt, we've sold our training ground, we've reduced our wage bill that is already only the 10th highest in the league and less than a third of what the regular trophy winning team pays, we don't pay as much top agents as 9 or 10 other teams to which means a lot of agents refuse to work for us and it's still been ten windows since we've been able to even spend all the money we've earned in transfer fees.
We can carry on as it is and hope that the excellent managers the board are able to attract can bridge the huge gaps in finances between us and the top 4 and make every one of our pounds out perform two pounds spent at liverpool and utd and spors. Cos Steve is right if we start winning the stuff on the pitch, things off the pitch will look rosier. But this has basically been the tactics that haven't given us a trophy in nearly twenty years, it's hard to win stuff when your rivals outspend you 3 or 4 to 1 on both fees and wages.
Or we can try and increase that income so that gap isn't quite as big.
Now the easiest way is to get investment from a board memeber who is willing to pump their own money in, this is what has happened at most other premier league clubs. Our chairman has said his main goal is to get that kind of investment for this club, but he has failed at that for 12 years (whether that's because he's gone about it badly or because it's an unachievable aim I don't know, but it's failed).
Therefore you have to look at increasing our income, which isn't all that high. Regular CL football would help, but the extra money you'd have to pay to get the players good enough to do that would probably be more.
So you have to look at the 17.5 million from match days, the 12 million from commercial deals and the 1 million from catering. And see if we can get those deals higher.
And they haven't risen at all over the last three years. Again either it's impossible to do (because of what Steve says above about our facilities and lack of name recognition) or our board isn't going the right way about doing it (which is what Davek argues).
I just hope to god they don't start increasing the ticket prices to arsenal like levels, because our fanbase can't afford that and it would kill the club as what it is. It's one of the things Kenwright has done right here (he's employed excellent managers, he's kept us stable and running and in no danger of administration, and he's kept the tickets broadly affordable).
