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Author Topic: Financial fair play  (Read 219754 times)

Offline old man villa fan

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Re: Financial fair play
« Reply #420 on: June 03, 2018, 09:27:36 PM »
He's just the latest in the long line of businessmen who think this football lark is easy and then find out it's not like running a normal company.

what exactly did you expect him to do differently? And if we are going to question his managerial appointments which is fine, given the state he bought us in there was no guarantee at all that whoever would have corrected things. As much as it very disappointing not to go up, we have no doubt arrested a very bad situation that could have left us where Sunderland is today. That we are now in the this position due to a "football" regulation and cannot spend out of it isn't directly tied to the stewardship of the owner. Like all people in business, mistakes are made. But in hindsight for the past two years he's not made that many that have really negatively impacted the club. He's put faith in managers and given them money to get us back up as quickly as possible. I was rather hoping for that post Randy.

You do wonder whether anybody advised Xia before he started spending money that we would run into problems with FFP.  Or did we get towards the end of the 2016/17 season and then somebody realised.

Wyness always stated that next year (meaning the season that's just finished) was OK but the worry was always going to be if we were still here for the following season (meaning next season).

I think they were fully aware of the ramifications of failure.  It would be an insult to them to suggest that they hadn't discussed and allowed for it.

I meant going back to when he first came in.  The first I heard of it was at the end of the 2016/17 season at the time when Bruce was looking towards bringing players in.  The comments from Wyness have mostly been during the last 12 months.

Offline wolfman999

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Re: Financial fair play
« Reply #421 on: June 04, 2018, 05:35:55 PM »
Are there cases where clubs show willing, say find 50-60% of the required amount but still fall short?  I know we've fucked up over a series of years and we should have addressed the situation before however finding £40m is pretty impossible with out paralysing the club's future.  That shouldn't be the motivation of FFP.

It is the motivation , they don’t want clubs bankrolling success. So therefore forcing us into a fire sale and effectively paralyzing our future has achieved the objective.

Bankrolling success eh. That never happens does it Manchester City and Chelsea.

Offline cheltenhamlion

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Re: Financial fair play
« Reply #422 on: June 04, 2018, 05:39:58 PM »
It's the wage bill. I bet this season's wasn't massively different to the last one in the PL. Plenty of big earners still on the books, players convinced to drop down a division, assembling the creme de la creme of Championship players.

It will not have come cheap.

Our wage bill last season was about the tenth highest in the country.

Offline Exeter 77

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Re: Financial fair play
« Reply #423 on: June 04, 2018, 05:53:35 PM »
As a matter of interest - how much of our wage bill do gate receipts cover?

Offline cheltenhamlion

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Re: Financial fair play
« Reply #424 on: June 04, 2018, 06:08:25 PM »
As a matter of interest - how much of our wage bill do gate receipts cover?

Next to bugger all.

Online Lastfootstamper

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Re: Financial fair play
« Reply #425 on: June 04, 2018, 06:41:42 PM »
I was going to quote of an article that I was sure I'd seen somewhere which I thought had said that our wage bill for 16/17 was going to be £62million. I did a quick bit of mental rithmatic, and decided that it had to be bollocks. For anyone that might have some knowledge of this, can you please tell me I saw no such article, and it was just a nightmare I once had, a result of too much cheese?

Offline sickbeggar

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Re: Financial fair play
« Reply #426 on: June 04, 2018, 07:10:01 PM »
this article says the wage bill was 53.3m in 16/17

 :-[https://www.bbc.co.uk/sport/football/43088167

That includes most of the rdm and bruce signings apart from whelan and elmo. Seeing we've lost gabby, Hutton, gollini, johnstone, bunn from those figures and the loss of terry, snodgrass, samba, gabban, onamha since, you would hope we'd be down in the 30-40m mark by now. Large for the championship perhaps but not unmanageable,

Offline sirlordbaltimore

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Re: Financial fair play
« Reply #427 on: June 04, 2018, 07:30:56 PM »


It really is completely baffling how the wage bill can be so high if you go through the squad and try and work out what everyone's earning

You'd still come up way short of what we're told it actually is

Offline sickbeggar

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Re: Financial fair play
« Reply #428 on: June 04, 2018, 07:37:46 PM »
well i think when i first read the article i divided the wage figure versus the number of players at that time and i got a rough figure of 30k a week on average. obviously that wages bill of 53.3m also includes wages to players that left during 16/17 so that would bump it up a bit

Online Lastfootstamper

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Re: Financial fair play
« Reply #429 on: June 04, 2018, 07:41:55 PM »
It'd be like 25 players on 40k a week. That's why I dismissed my recollection. I know there's the youngsters, ladies, staff, execs all need weighing in, but the vast bulk must surely go on the First Team squad. I just cor get me 'ead round it.

Offline Exeter 77

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Re: Financial fair play
« Reply #430 on: June 04, 2018, 07:47:56 PM »
As a matter of interest - how much of our wage bill do gate receipts cover?

Next to bugger all.
Pretty much what I figured. I would have guessed less than 10%.

Offline kippaxvilla2

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Offline dave.woodhall

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Re: Financial fair play
« Reply #432 on: June 04, 2018, 07:51:33 PM »
As a matter of interest - how much of our wage bill do gate receipts cover?

Next to bugger all.
Pretty much what I figured. I would have guessed less than 10%.

A million years ago Mark Ansell said he hoped we could increase TV/prize and commercial income so that that figure would reduce to 33%.

Online Lastfootstamper

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Re: Financial fair play
« Reply #433 on: June 04, 2018, 07:58:33 PM »
32,000 bums, 23 games, £20 a pop, near £15million. It's not too shabby if all it had to go towards was wages. And at this level, it does show that playing in front of a full house can make a sizeable financial difference.
« Last Edit: June 04, 2018, 08:00:33 PM by Lastfootstamper »

Offline Nelly

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Re: Financial fair play
« Reply #434 on: June 04, 2018, 07:58:40 PM »
Depressing. Bruce was the wrong man for the job.

 


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