We have now sold Ash and Downing plus released a load of players. The wage bill must have been savagely cut, there is no excuse not to spend.
Quote from: PaulWinch on July 14, 2011, 06:08:45 PMWe have now sold Ash and Downing plus released a load of players. The wage bill must have been savagely cut, there is no excuse not to spend.Only next year will be start to the benefits of reducing the wage bill. I dread to think what was the percentage of our income was player salaries last season, as be failed to really cut it but added Bent and Makoun.
There is a chapter in 'Why England Lose' which suggests that most successful clubs are 'selling clubs'. A big money sale generally means that the club has used an opportunity to take advantage of the transfer market, which is driven by perceived quality rather than any quantifiable value, to get an inflated price for a player. The best clubs reinvest this money wisely. Lyon, Barca and Man U are cited iirc.You can't judge a club's stature by the personnel that is leaving a club, but by who is joining it. So we're fucked
Quote from: jibba81 on July 14, 2011, 05:05:53 PMThere is a chapter in 'Why England Lose' which suggests that most successful clubs are 'selling clubs'. A big money sale generally means that the club has used an opportunity to take advantage of the transfer market, which is driven by perceived quality rather than any quantifiable value, to get an inflated price for a player. The best clubs reinvest this money wisely. Lyon, Barca and Man U are cited iirc.You can't judge a club's stature by the personnel that is leaving a club, but by who is joining it. So we're fuckedGood theory, and one we need to embrace IMO.
We are no more or less a selling club than all but 3 premier league teams. Liverpool are a selling club, they sold their best player to fund this little spree of theirs. We must reciprocate by using the money we've gained from selling our best players to buy others.
Quote from: Mark Kelly on July 14, 2011, 06:13:41 PMQuote from: PaulWinch on July 14, 2011, 06:08:45 PMWe have now sold Ash and Downing plus released a load of players. The wage bill must have been savagely cut, there is no excuse not to spend.Only next year will be start to the benefits of reducing the wage bill. I dread to think what was the percentage of our income was player salaries last season, as be failed to really cut it but added Bent and Makoun.Wasn't it 90% or something ridiculous like that?
Quote from: Holtenderinthesky on July 14, 2011, 06:16:55 PMQuote from: Mark Kelly on July 14, 2011, 06:13:41 PMQuote from: PaulWinch on July 14, 2011, 06:08:45 PMWe have now sold Ash and Downing plus released a load of players. The wage bill must have been savagely cut, there is no excuse not to spend.Only next year will be start to the benefits of reducing the wage bill. I dread to think what was the percentage of our income was player salaries last season, as be failed to really cut it but added Bent and Makoun.Wasn't it 90% or something ridiculous like that?For one season we had the 6th highest wages in the league. Our Billionaire owner decided the club couldn't afford that level of investment but thankfully we could afford the £11m+ in management fees and interest payments he charged to the club.
In the long term I truly believe that by taking the approach we are, we will get back to where we belong,