Joe mason to Bournemouth

[Rugrat]

Which is my argument about one single owner or investor...we don't know but I would hope the other directors are prepared to dip in...but with just him in control, maybe this is nor possible

I think you're right there. IMO this is 100% about TB and his willingness/ability to invest. FFP is no doubt influencing but I'm not sure it's driving all of our financial decisions and Grabban may be an example, "failing to agree personal terms" was around a long time before FFP

 

[Rowdey]

Like El Pres comment yours is assumptive too. Unlike you I imagine our wages are pretty high by comparison to many, no evidence just a feeling. Given the high season ticket proportion of gates then our prices aren't too much out of step and I "assume" that the running costs of the Amex, all the backroom and admin plus the transport subsidy puts our non playing costs as high as anyone else in this league. We don't know what the Amex deal was although I assume it to be better than Andrews Air Conditioning at Charlton!! There was a nice article someone posted here about cost to income and all sorts of other financial indicators for the year before last and as I recall we didn't look too healthy then (disregarding the cost of Amex build) ... wish I could find that piece

Stadium rights - £1.5m
Shirt £325k

Could rightly expect that to triple if in the Prem.

 

[LamieRobertson]

I think you're right there. IMO this is 100% about TB and his willingness/ability to invest. FFP is no doubt influencing but I'm not sure it's driving all of our financial decisions and Grabban may be an example, "failing to agree personal terms" was around a long time before FFP

Exactly

 

[Beach Hut]

The Glazers took out a 100% mortgage and paid for the repayments to date by increasing prices and introducing scams such as the Auto Cup enrolment scheme.

United's net transfer spend over the last 5 years is lower than that of Stoke

Albeit they sold one player for £80M

 

[Finchley Seagull]

I think you're right there. IMO this is 100% about TB and his willingness/ability to invest. FFP is no doubt influencing but I'm not sure it's driving all of our financial decisions and Grabban may be an example, "failing to agree personal terms" was around a long time before FFP

I don't think we can use Grabban as an example for anything. I debate whether he had any intention of leaving Bournemouth in the first place. I think he just used us to get a new contract.

If you look at where Portsmouth are now, that is an example of what can happen when teams chase the dream. Tony Bloom is clearly happy to invest in new players (we just had an offer of £1.1 million accepted for Grabban and there's talk of others), what he's not prepared to do is throw more money at players than we think they're worth. I can't believe anyone would have any issues with the policy.

 

[brightonrock]

Stadium rights - £1.5m
Shirt £325k

Could rightly expect that to triple if in the Prem.

Where do those figures come from? My understanding was we'd received £5m for a 10yr naming rights deal (i.e. £500k p/a) and £7m for a 4yr shirt sponsorship with (i.e. £1.75m p/a). Apparently those figures also increase if we're promoted, but not by 300%.

 

[Rugrat]

I don't think we can use Grabban as an example for anything. I debate whether he had any intention of leaving Bournemouth in the first place. I think he just used us to get a new contract.

If you look at where Portsmouth are now, that is an example of what can happen when teams chase the dream. Tony Bloom is clearly happy to invest in new players (we just had an offer of £1.1 million accepted for Grabban and there's talk of others), what he's not prepared to do is throw more money at players than we think they're worth. I can't believe anyone would have any issues with the policy.

Maybe Grabban isn't, but the point still remains which you appear to agree with. Many of our actions are (I think) more the result of the club just pursuing a sensible financial approach and not because of FFP

 

[Rowdey]

Where do those figures come from? My understanding was we'd received £5m for a 10yr naming rights deal (i.e. £500k p/a) and £7m for a 4yr shirt sponsorship with (i.e. £1.75m p/a). Apparently those figures also increase if we're promoted, but not by 300%.

From directly within the industry.

 

[worthingseagull123]

He should not. Football clubs should all be sustainable on there own. They are a business after all. I would rather a club that is sustainable long term than a short term fix.

Parachute payments need to go.

 

[supaseagull]

Sorry where is the evidence about Leicester? 30% wAge bill cut this season.

I agree Leicester ARE adhering to FFP rules and have bought wisely without breaking the bank.

 

[BensGrandad]

Parachute payments need to go.

I can never understand why they are paid. In any business you make a decision as regards wages that you can afford etc and if you f..k up that is your fault you wouldn't expect anybody to bail you out for making the wrong decision.

 

[B.W.]

Have to agree re parachute payments. There has to be a better way to ensure club's don't over-commit.

 

[Finchley Seagull]

Maybe Grabban isn't, but the point still remains which you appear to agree with. Many of our actions are (I think) more the result of the club just pursuing a sensible financial approach and not because of FFP

Yes, I agree with that. Wasn't sure if it was originally meant to criticise Bloom or support this stand. I do think the club are trying to push for promotion but Bloom isn't going to gamble with all the progress we've made by throwing money at it.

 

[El Presidente]

Have to agree re parachute payments. There has to be a better way to ensure club's don't over-commit.

Parachute payments are a necessary evil, otherwise teams would struggle to deal with a £60 million reduction in income from one year to another.

Last season Wolves, Bolton and Blackburn all received their parachute payments as a result of being relegated. None on them made it to the top six, and they've announced losses of £33million, £50 million and £36.5 million respectively.

 

[Se20]

I can never understand why they are paid. In any business you make a decision as regards wages that you can afford etc and if you f..k up that is your fault you wouldn't expect anybody to bail you out for making the wrong decision.

Parachute payments were brought in to help relegated clubs to survive with a high wage bill on a substantial reduced income. The problem is you have to pay inflated salaries in the Premier league to compete, and if you are relegated, you have the same wage bill for at least a year or two.

 

[martin tyler]

Parachute payments need to go.

I agree.

Clubs need to add relegation clauses in their contracts with players.
Its frustrating that clubs like QPR have people on there books like SWP on stupid money living well above there means now yet can go out and spend cash all over the place due to having hand outs. 4 million on Austin, looking to spend money on some random french person for 5 million and god knows what else they have spent and there salary bill must be massive.
Even clubs like Burnley are still in there final year of parachute payments which gives them a 8 million start already this year.

 

[Finchley Seagull]

Parachute payments were brought in to help relegated clubs to survive with a high wage bill on a substantial reduced income. The problem is you have to pay inflated salaries in the Premier league to compete, and if you are relegated, you have the same wage bill for at least a year or two.

That's where the real problems lie though. Football's problems all started when the Premier League was formed and clubs were given so much more money for being there than the other leagues. Without that, a lot of clubs would be in a much better situation today than they are now.

 

[skipper734]

Like El Pres comment yours is assumptive too. Unlike you I imagine our wages are pretty high by comparison to many, no evidence just a feeling. Given the high season ticket proportion of gates then our prices aren't too much out of step and I "assume" that the running costs of the Amex, all the backroom and admin plus the transport subsidy puts our non playing costs as high as anyone else in this league. We don't know what the Amex deal was although I assume it to be better than Andrews Air Conditioning at Charlton!! There was a nice article someone posted here about cost to income and all sorts of other financial indicators for the year before last and as I recall we didn't look too healthy then (disregarding the cost of Amex build) ... wish I could find that piece

Fundamentally insolvent may not be wide of the mark but no different to many others ... making a profit, even breaking even is nigh on impossible without the benefit of a nice on off such as a Zaha deal and I don't see that changing much with or without FFP

As I've said elsewhere many blame a lot on FFP but I'd imagine TB has only so much he wants to invest and will underwrite losses but only to a point.

Is This it? http://www.northstandchat.com/showt...financial-results-quot-thread&highlight=swiss

 

[martin tyler]

Parachute payments were brought in to help relegated clubs to survive with a high wage bill on a substantial reduced income. The problem is you have to pay inflated salaries in the Premier league to compete, and if you are relegated, you have the same wage bill for at least a year or two.

We all know why but all clubs should have relegation clauses in there contracts with players. Clubs should not just be given hand outs over such a long period. Clubs like Burnley are still profiting from parachute payments and i doubt there is hardly a player there that played in the premier league but they are 8 million odd in the red so clearly are at an advantage of buying players and paying higher wages.

 

[Se20]

We all know why but all clubs should have relegation clauses in there contracts with players. Clubs should not just be given hand outs over such a long period. Clubs like Burnley are still profiting from parachute payments and i doubt there is hardly a player there that played in the premier league but they are 8 million odd in the red so clearly are at an advantage of buying players and paying higher wages.

How many players will sign a contract with a relegation clause in it ?
The players and agents have the upper hand unfortunately .