Quote from: old man villa fan on June 03, 2018, 02:54:48 PMQuote from: Toronto Villa on June 03, 2018, 01:46:00 PMQuote from: sickbeggar on June 03, 2018, 12:42:06 PMHe'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.
Quote from: Toronto Villa on June 03, 2018, 01:46:00 PMQuote from: sickbeggar on June 03, 2018, 12:42:06 PMHe'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.
Quote from: sickbeggar on June 03, 2018, 12:42:06 PMHe'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.
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.
Quote from: Dante Lavelli on June 03, 2018, 03:36:09 PMAre 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.
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'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.
As a matter of interest - how much of our wage bill do gate receipts cover?
Quote from: Exeter 77 on June 04, 2018, 05:53:35 PMAs a matter of interest - how much of our wage bill do gate receipts cover?Next to bugger all.
Quote from: cheltenhamlion on June 04, 2018, 06:08:25 PMQuote from: Exeter 77 on June 04, 2018, 05:53:35 PMAs 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%.