ewerk 39291 Posted April 6, 2016 Share Posted April 6, 2016 Turnover down, but profit up. Is that due to a lack of investment in the squad? Aye, probably. Link to comment Share on other sites More sharing options...
ewerk 39291 Posted April 6, 2016 Share Posted April 6, 2016 Commercial revenue fell three per cent to £24.9million (2014: £25.6million), the most significant factor being the one-off income from the Kings of Leon concert in the prior year. Excluding this one-off event, overall commercial revenue has shown modest growth. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted April 6, 2016 Share Posted April 6, 2016 Astounded by the wage bill. Our new signings must be heavily incentivised either to get us up the league or to play themselves into a move. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted April 6, 2016 Share Posted April 6, 2016 Added Colback, Perez, De Jong, Cabella, Riviere and Janmaat to the wage bill Removed Debuchy, Marveaux, Ben Arfa, Tavernier, Mbiwa and 6 months of Santon. 6 in. 6 out. Wage bill dropped £13m! Equates to more than 40 grand a week saving on each replacement. Fuck off. Stinks to high heaven this. Link to comment Share on other sites More sharing options...
ewerk 39291 Posted April 6, 2016 Share Posted April 6, 2016 Added Colback, Perez, De Jong, Cabella, Riviere and Janmaat to the wage bill Removed Debuchy, Marveaux, Ben Arfa, Tavernier, Mbiwa and 6 months of Santon. 6 in. 6 out. Wage bill dropped £13m! Equates to more than 40 grand a week saving on each replacement. Fuck off. Stinks to high heaven this. We also removed De Jong, Remy, Gosling and Shola from the wage bill. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted April 6, 2016 Share Posted April 6, 2016 Missed anyone that went free Guess shola alone would be on £6m a year Link to comment Share on other sites More sharing options...
ewerk 39291 Posted April 6, 2016 Share Posted April 6, 2016 Regardless, it says a lot about our investment in the squad. Link to comment Share on other sites More sharing options...
Gemmill 63312 Posted April 6, 2016 Share Posted April 6, 2016 Get your season tickets now! Get your season tickets now! Link to comment Share on other sites More sharing options...
The Fish 12581 Posted April 6, 2016 Share Posted April 6, 2016 Added Colback, Perez, De Jong, Cabella, Riviere and Janmaat to the wage bill Removed Debuchy, Marveaux, Ben Arfa, Tavernier, Mbiwa and 6 months of Santon. 6 in. 6 out. Wage bill dropped £13m! Equates to more than 40 grand a week saving on each replacement. Fuck off. Stinks to high heaven this. Guessing that Colback, Perez, Riviere were all on buttons Link to comment Share on other sites More sharing options...
Happy Face 29 Posted April 6, 2016 Share Posted April 6, 2016 Colback on a free for buttons? Doubt it. Link to comment Share on other sites More sharing options...
The Fish 12581 Posted April 6, 2016 Share Posted April 6, 2016 Colback on a free for buttons? Doubt it. Wouldn't there be plenty of bonuses, instead of a high base wage? Link to comment Share on other sites More sharing options...
gpirlo68 0 Posted April 6, 2016 Share Posted April 6, 2016 Colback on a free for buttons? Doubt it. 50k apparently.... Link to comment Share on other sites More sharing options...
trooper 1058 Posted April 6, 2016 Share Posted April 6, 2016 (edited) I'm no good with numbers & finance so what Ashley said about there being "nothing left" was he telling the truth Edited April 6, 2016 by trooper Link to comment Share on other sites More sharing options...
The Fish 12581 Posted April 6, 2016 Share Posted April 6, 2016 (edited) I'm no good with numbers & finance so what Ashley said about there being "nothing left" was he telling the truth Nope, as I understand it we're £30m odd in profit. I obviously don't understand it Edited April 6, 2016 by The Fish Link to comment Share on other sites More sharing options...
ewerk 39291 Posted April 6, 2016 Share Posted April 6, 2016 I'm no good with numbers & finance so what Ashley said about there being "nothing left" was he telling the truth Yup. Of the £39.1million cash generated, £23.8million was spent during the financial year on the playing squad (net of disposals). The remainder (which formed part of our cash balance at 30th June, 2015, of £48.3million) has been spent (or has been contracted to spend) in full since 1st July, 2015. Link to comment Share on other sites More sharing options...
trooper 1058 Posted April 6, 2016 Share Posted April 6, 2016 So he was relying on staying in the Premiership to finance improving the squad with Benitez ? Link to comment Share on other sites More sharing options...
ewerk 39291 Posted April 6, 2016 Share Posted April 6, 2016 Basically we've spent all the cash we've hoarded in recent seasons. Any transfers in the summer would have to be funded from outgoings and any profit from this current season (I'd guess maybe £15m). So unless Ashley puts his hand in his pocket or we spend some of the TV money in advance that we're expecting next season (assuming we're in the PL again) there will be no big transfer spending this summer. Link to comment Share on other sites More sharing options...
The Fish 12581 Posted April 6, 2016 Share Posted April 6, 2016 Basically we've spent all the cash we've hoarded in recent seasons. Any transfers in the summer would have to be funded from outgoings and any profit from this current season (I'd guess maybe £15m). So unless Ashley puts his hand in his pocket or we spend some of the TV money in advance that we're expecting next season (assuming we're in the PL again) there will be no big transfer spending this summer. What if we sell the likes of Sissoko, Wijnaldum for decent sums? Gotta be c£30m in players we can/may offload? Link to comment Share on other sites More sharing options...
ewerk 39291 Posted April 6, 2016 Share Posted April 6, 2016 Aye, as I say, if we're in the PL then we can add outgoings to the transfer kitty. If we go down then those receipts will likely be used to offset the total reduced income. Link to comment Share on other sites More sharing options...
Happy Face 29 Posted April 6, 2016 Share Posted April 6, 2016 Link to comment Share on other sites More sharing options...
Happy Face 29 Posted April 6, 2016 Share Posted April 6, 2016 Link to comment Share on other sites More sharing options...
ewerk 39291 Posted April 6, 2016 Share Posted April 6, 2016 You pay peanuts... Link to comment Share on other sites More sharing options...
Happy Face 29 Posted April 7, 2016 Share Posted April 7, 2016 Removed the clutter of intervening years to make the point clearer Link to comment Share on other sites More sharing options...
trooper 1058 Posted April 7, 2016 Share Posted April 7, 2016 So Ashley bought NUFC. He now owns NUFC, then he had to lend himself the owner of NUFC £129 million. Now Nufc owe him the owner of NUFC £129 million How can you lend & owe yourself money ? Ive no financial nous but is this even possible ? Link to comment Share on other sites More sharing options...
Rayvin 8367 Posted April 7, 2016 Share Posted April 7, 2016 The club and Ashley are two separate legal entities. He loaned the club money, not himself. Link to comment Share on other sites More sharing options...
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