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Author Topic: The Long Awaited Accounts....  (Read 128366 times)

Offline saunders_heroes

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Re: The Long Awaited Accounts....
« Reply #150 on: March 10, 2016, 07:44:23 PM »
Confirmation that we really are rotten from top to bottom. Fox out!

Indeed. Lerner out!

Offline aj2k77

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Re: The Long Awaited Accounts....
« Reply #151 on: March 10, 2016, 07:55:21 PM »
What I don't understand and can someone explain how this has happened but the wage bill rose £14m which is what, £280,000 per week?

How with the players we signed and the players we released or let on loan have we ended up paying an extra £280k per week?

Offline Chris Smith

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Re: The Long Awaited Accounts....
« Reply #152 on: March 10, 2016, 08:00:13 PM »
What I don't understand and can someone explain how this has happened but the wage bill rose £14m which is what, £280,000 per week?

How with the players we signed and the players we released or let on loan have we ended up paying an extra £280k per week?

The accounts are for the year ending May 2014, last summers comings and goings are not included.

Offline Dave Pountney

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  • Posts: 38
Re: The Long Awaited Accounts....
« Reply #153 on: March 10, 2016, 08:00:53 PM »
I've read every word of this thread and bow to the expertise of the accountants and business analysts amongst you.  However, as a football fan, it all makes me yearn for a simpler time when the only figures that mattered were 2 points for a win, we've won in 7 times, Co. Durham, 5' 7".

Me too, it's all a bit over my head.

One thing though it's very clear Randy has spent money but has made a complete mess of the running of the club. If only from day one he had some advice and put in place a decent team to run things from the top and a structure if a manager doesn't quite work out.

I don't feel sorry for him and I don't hate him. He hasn't done it on purpose but you have to question his leadership skills.

Having spent a lifetime working in industry, I came to understand that the worst person to have in charge of anything is a useless nice guy. They tend to hide their incompetence under a veneer of charm, good intentions and geniality. Accordingly, they get afforded much more leeway than a useless bad guy. They remain in position way after the damage is long done and can wriggle and duck their way out of all sorts of difficulties and embarrassments. The fatal flaw that useless nice guys all have though is a capacity for self delusion. Because they want something to be so, they convince themselves it is. They trust fellow fools too and are usually terrible judges of character. Gullibility is another terrible weakness too, as is a basic, inherent laziness.

Ladies and Gentlemen, I give you Randy Lerner; the ultimate useless nice guy. You can almost forgive him for he knows not what he does. Oh for a competent and effective nasty guy in the Ellis mould. Who cares if he's a ruthless old scroat like Ellis was if he delivers, which he did more times than not, a football team that was worth supporting.

Great if you can get a genius nice guy like George Martin, recently RIP, but very few exist.

Offline aj2k77

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Re: The Long Awaited Accounts....
« Reply #154 on: March 10, 2016, 08:01:52 PM »
What I don't understand and can someone explain how this has happened but the wage bill rose £14m which is what, £280,000 per week?

How with the players we signed and the players we released or let on loan have we ended up paying an extra £280k per week?

I know that.

The summer of the  has beens. Senderos, Cole, Richardson et al. How on Earth did it end up costing us an extra £14m in wages?

The accounts are for the year ending May 2014, last summers comings and goings are not included.

Offline Dave Pountney

  • Member
  • Posts: 38
Re: The Long Awaited Accounts....
« Reply #155 on: March 10, 2016, 08:02:25 PM »
Having spent a lifetime working in industry, I came to understand that the worst person to have in charge of anything is a useless nice guy. They tend to hide their incompetence under a veneer of charm, good intentions and geniality. Accordingly, they get afforded much more leeway than a useless bad guy. They remain in position way after the damage is long done and can wriggle and duck their way out of all sorts of difficulties and embarrassments. The fatal flaw that useless nice guys all have though is a capacity for self delusion. Because they want something to be so, they convince themselves it is. They trust fellow fools too and are usually terrible judges of character. Gullibility is another terrible weakness too, as is a basic, inherent laziness.

Ladies and Gentlemen, I give you Randy Lerner; the ultimate useless nice guy. You can almost forgive him for he knows not what he does. Oh for a competent and effective nasty guy in the Ellis mould. Who cares if he's a ruthless old scroat like Ellis was if he delivers, which he did more times than not, a football team that was worth supporting.

Great if you can get a genius nice guy like George Martin, recently RIP, but very few exist.

Offline Zouch Villa

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Re: The Long Awaited Accounts....
« Reply #156 on: March 10, 2016, 08:04:31 PM »
Well the appointments of Hollis and King make more sense in light of these results.

It would appear King's root and branch review needs to focus on the governance process for decision making. I can't help but feel that it's been all too easy for the likes of Faulkner, Fox, Russell, Almstadt et al to hide behind Lerner as the main figure of responsibility.  It's probably for the best that Lerner distances himself from day to day operations, to allow Hollis the space to do what is needed.  Unfortunately, that will inevitably involve austerity and tight financial control.

Has there been any word on who is replacing Russell?

Offline glasses

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Re: The Long Awaited Accounts....
« Reply #157 on: March 10, 2016, 08:04:51 PM »
Cissokho, Senderos, cole, Richardson, Sanchez, Gil, and sinclair are some of the additions in that period aren't they? Plus Delph, Hutton, Gabby and some others would have had rises in that period

Can't think of any significant reductions due to players leaving? Who left that would have saved us cash?

Edvard Remberg

  • Guest
Re: The Long Awaited Accounts....
« Reply #158 on: March 10, 2016, 08:04:58 PM »
I thought we had shit players because they were discount solutions - how the fuck can we have wages around 80M

Offline django

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  • Location: Sparkbrook
Re: The Long Awaited Accounts....
« Reply #159 on: March 10, 2016, 08:06:29 PM »
Jesus. At least when Leeds went under they had watched Viduka, Keane and Kewell in the champions league. We've had Agbonlahor Guzan and Westwood.

Hope Lerners at least had a decent fish tank for his money.

Edvard Remberg

  • Guest
Re: The Long Awaited Accounts....
« Reply #160 on: March 10, 2016, 08:08:10 PM »
Half a billion dollars he's effectively paid for a Championship club.
Makes some of my shitty investments look awesome

Offline aj2k77

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Re: The Long Awaited Accounts....
« Reply #161 on: March 10, 2016, 08:11:24 PM »
Cissokho, Senderos, cole, Richardson, Sanchez, Gil, and sinclair are some of the additions in that period aren't they? Plus Delph, Hutton, Gabby and some others would have had rises in that period

Can't think of any significant reductions due to players leaving? Who left that would have saved us cash?

Gabby and Hutton surely didn't get pay rises? Hutton had played 4 games in about 3 years.

Bent was out on loan all season, El Ahamadi gone, Delfouneso gone, Albrighton gone, Ireland gone. I just dont see how it adds up to £14m over a year. I'm shocked at how bad this set of accounts are. I dread to think what the wage bill currently is again. They've gone two steps forward getting it down to £67m and then 5 backwards with it raising so much and having a much worse team for it.

We are screwed financially if we don't get promoted.

Offline Rudy65

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Re: The Long Awaited Accounts....
« Reply #162 on: March 10, 2016, 08:11:53 PM »
and he then got it paid off a few months later.

Surely that pay off is partially negates by his new job at Blackburn?

Offline glasses

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Re: The Long Awaited Accounts....
« Reply #163 on: March 10, 2016, 08:14:03 PM »
You'd think not, but would it surprise you? Lambert was given a new contract, possibly a rise in that too, that's the way it works in football, right? No need to have accomplished anything! It is shocking,  worrying and just bonkers

Offline kippaxvilla2

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Re: The Long Awaited Accounts....
« Reply #164 on: March 10, 2016, 08:16:02 PM »
Regarding the wages - this was up to year ended May 2015 so the dealings last summer would not have been included in respect of wage costs.  This is the squad recorded as of the end of the May 2015 financial year.  In addition, it was announced that Lambert and Gabby had both been rewarded with four and five year contracts respectively as early as September 2014.  If you assume that Fox is on £25k per week as someone said and Gabby got say an extra £30k per week - there is the thick end of £60k per week.  I don't suppose it is hard to imagine that Senderos and Cole came in for decent money.  Then you have Sanchez coming in as well as Cissokho.  We may still have been part paying loan wages who knows.

Squad No.   Name   Nationality   Position   Date of birth (age)   Apps.   Goals   Notes
Goalkeepers
1   Brad Guzan   United States   GK   September 9, 1984 (age 31)   140   0   
13   Jed Steer   England   GK   September 23, 1992 (age 23)   4   0   
31   Shay Given   Republic of Ireland   GK   April 20, 1976 (age 39)   52   0   
Defenders
2   Nathan Baker   England   CB / LB   April 23, 1991 (age 24)   86   0   
3   Joe Bennett   England   LB   March 28, 1990 (age 25)   37   0   
4   Ron Vlaar   Netherlands   CB   February 16, 1985 (age 31)   87   2   
5   Jores Okore   Denmark   CB   August 11, 1992 (age 23)   31   1   
6   Ciaran Clark   Republic of Ireland   CB / LB   September 26, 1989 (age 26)   136   8   
14   Phillipe Senderos   Switzerland   CB   February 14, 1985 (age 31)   10   0   
21   Alan Hutton   Scotland   RB   November 30, 1984 (age 31)   68   1   
23   Aly Cissokho   France   LB   September 15, 1987 (age 28)   27   0   
32   Janoi Donacien   Saint Lucia   CB / RB   November 3, 1993 (age 22)   0   0   
34   Matthew Lowton   England   RB   June 9, 1989 (age 26)   82   2   
35   Enda Stevens   Republic of Ireland   LB   July 9, 1990 (age 25)   9   0   
–   Antonio Luna   Spain   LB   March 17, 1991 (age 24)   18   1   On loan at Spezia Calcio.
Midfielders
7   Leandro Bacuna   Netherlands   CM / RB / RWB   August 21, 1991 (age 24)   63   6   
8   Tom Cleverley   England   CM / AM   August 12, 1989 (age 26)   36   3   On loan from Manchester United.
9   Scott Sinclair   England   LW / RW   March 25, 1989 (age 26)   12   3   
12   Joe Cole   England   AM   November 8, 1981 (age 34)   15   1   
15   Ashley Westwood   England   CM   April 1, 1990 (age 25)   101   3   
16   Fabian Delph (captain)   England   CM   November 21, 1989 (age 26)   133   8   
17   Chris Herd   Australia   CM / CB / RB   April 4, 1989 (age 26)   42   2   
18   Kieran Richardson   England   LW / LB   October 21, 1984 (age 31)   25   0   
22   Gary Gardner   England   CM   June 29, 1992 (age 23)   18   0   
24   Carlos Sánchez   Colombia   DM   February 6, 1986 (age 30)   32   1   
25   Carles Gil   Spain   AM / RW   November 22, 1992 (age 23)   7   1   
28   Charles N'Zogbia   France   LW / AM   May 28, 1986 (age 29)   90   5   
39   Riccardo Clader   England   LW   January 26, 1996 (age 20)   0   0   
40   Jack Grealish   Republic of Ireland   LW / AM   September 10, 1995 (age 20)   24   0   
–   Yacouba Sylla   Mali   DM   November 29, 1990 (age 25)   24   0   On loan at Kayseri Erciyesspor.
–   Aleksandar Tonev   Bulgaria   LW / RW   February 3, 1990 (age 26)   20   0   On loan at Celtic.
Forwards
10   Andreas Weimann   Austria   ST / LW / RW   August 5, 1991 (age 24)   129   24   
11   Gabriel Agbonlahor   England   ST / LW / RW   October 13, 1986 (age 29)   352   83   
19   Darren Bent   England   ST   February 6, 1984 (age 32)   72   25   
20   Christian Benteke   Belgium   ST   December 3, 1990 (age 25)   100   49   
27   Libor Kozák   Czech Republic   ST   May 30, 1989 (age 26)   15   4   
29   Rushian Hepburn-Murphy   England   ST   September 19, 1998 (age 17)   1   0   
37   Callum Robinson   England   ST   February 2, 1995 (age 21)   5   0   
38   Graham Burke   Republic of Ireland   ST   September 21, 1993 (age 22)   2   0   
–   Nicklas Helenius   Denmark   ST / RW   May 8, 1991 (age 24)   6   1   
« Last Edit: March 10, 2016, 08:18:31 PM by kippaxvilla2 »

 


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