Exactly, we can we write their oh so predictable headlines for them, 2 months ahead:
Stay up - TB’s brave gamble paid off.
Relegated - TB’s disloyal treatment of CH came back to bite him. Whinging fans, be careful what you wish for!
2018/19:
Payroll £102m including £2m to paid directors
Depreciation £6m
Amortisation of player contracts (transfer & agents fees) £33m
Interest £2.6m
Overheads, cost of merchandise, cost of catering £27m
I think you’re right. Many players on more than decent money, even fringe players. Plus...
Born 1946, so in his 40's then. Ray was appointed to the Board by DK.
Wasn't the Bloom on the Board in 80's and early 90's an older guy? Could be wrong.
Player sales raised £70m but were receivable up to 4 years from the transaction dates, £41m was spent in new fees in summer 2016, but Ashley upped player wages from £75m by £37m to £112m in 2016/17 (benchmark that against our £40m).
After transfer activity and everything else they made a loss...
The Albion's Championship annual business model, after stripping out ad hoc promotion costs, is:
Income £29m
Costs -£59m We have a very high cost base.
Loss -£30m
Parachute income would briefly raise income, but 75% of the squad would be on huge PL contracts.
It's not a financial model to...
It's a bummer to get out of. The competition is extensive.
This includes cheating owners massively overspending in breach of FFP, then using disputed accounting slight of hands, to cover the breach - QPR, Massive, Derby and Villa.
There are an increasing number of very wealthy owners...
We'd need to get back immediately, as Newcastle did, to minimise the damage.
Ashley did it with money …. they only lost Wijnaldum and Thug Sissoko, but invested heavily in summer 2016, augmenting effectively their already PL squad. They should've walked the 2016/17 Championship, and did (with us).