FFP

[Drummond]

Had ManU managed to get anyone to buy their overpriced dross, they'd have celebrated it as clever use of the rules.

[cdward]

Interesting that the fees involved seem on the low side.
£42M for Luiz, Iling Jr £12M, Berrenchea £7M, when all the talk was around £60M for Luiz, and £20M each for the 2 players coming in.
I'm no accounting expert, but i reckon some deal was done to keep the figures relatively low between the 2 clubs.
Same as the deal with Everton for Tim and Dobbin.

As the saying goes, turnover is vanity, profit is sanity (and Matty Cash is reality).

[Border villan]

Interesting that the fees involved seem on the low side.
£42M for Luiz, Iling Jr £12M, Berrenchea £7M, when all the talk was around £60M for Luiz, and £20M each for the 2 players coming in.
I'm no accounting expert, but i reckon some deal was done to keep the figures relatively low between the 2 clubs.
Same as the deal with Everton for Tim and Dobbin.

As the saying goes, turnover is vanity, profit is sanity (and Matty Cash is reality).

The “low” fees will limit the sell on we have to pay the blue mancs.

[ozzjim]

So... Where are we now for next summer do we think. There's some doghead on twitter that I've blocked that reckons we're £100m short next summer still, which I can't believe, but the Grealish profit summer drops off the 3 year cycle doesn't it.

[Dogtanian]

So... Where are we now for next summer do we think. There's some doghead on twitter that I've blocked that reckons we're £100m short next summer still, which I can't believe, but the Grealish profit summer drops off the 3 year cycle doesn't it.

Well, being as he won't have seen last seasons accounts, let alone next seasons, I'd suggest he's drunk on licking his own balls.

[Clark W Griswold]

So... Where are we now for next summer do we think. There's some doghead on twitter that I've blocked that reckons we're £100m short next summer still, which I can't believe, but the Grealish profit summer drops off the 3 year cycle doesn't it.

Well, being as he won't have seen last seasons accounts, let alone next seasons, I'd suggest he's drunk on licking his own balls.

I know from personal experience that most Wolves fans talk absolute shit when it comes to football and, well, anything else for that matter.

[algy]

So... Where are we now for next summer do we think. There's some doghead on twitter that I've blocked that reckons we're £100m short next summer still, which I can't believe, but the Grealish profit summer drops off the 3 year cycle doesn't it.

Looking over the past 5 years, just transfers:

23/24 - €111m out, €32m in
22/23 - €100m out, €54m in
21/22 - €130m out, €127m in
20/21 - €101m out, €3m in
19/20 - €159m out, €3m in

So we've brought in €213m in transfer fees in the last 3 seasons, and spent €601m in the past 5. (Incoming transfer fees are taken over 3 seasons, outgoing transfer fees - players we've bought - over the length of the contract but we'll just assume any significant fees were spread over a 5 year contract).

Our spending time date has been within FFP limits so far as we know.

This coming season we lose the €127m from the Greasy sale season, and also the purchases from the season after we were promoted (€159m). So I'm my naive mind, as long as our commercial income has grown in proportion to the wages we've been paying out, we're going to be mildly better off next summer than this.

You can't work out any actual figures from that, especially as there's the assumption that every contract is spread out over 5 seasons, but I'd imagine it'd highlight situations when you're deeply fucked ... and I don't think we are from that.

[Villan For Life]

So... Where are we now for next summer do we think. There's some doghead on twitter that I've blocked that reckons we're £100m short next summer still, which I can't believe, but the Grealish profit summer drops off the 3 year cycle doesn't it.

A few things immediately spring to mind:

Overall increase in turnover due to Champions League revenue
Overall increase in turnover due to additional commercial revenue (Adidas deal, new sponsor, matchday ground changes)
Players that will leave between now and when the transfer window closes, potentially removing some high earners from the wage roll
Higher ticket prices

Wolves are Wolves and insanely jealous of the Villa

[Dave P]

Well in 12 months time, we would have had the champions league money in our bank for at least 8 games.  If we progress, then even more.  I can't see any issues but Newcastle are still having to sell this summer.

[PeterWithe]

That Swiss Ramble site was pretty close to the nub wasn't it, it said we needed to sell £60m odd worth of players and we did, despite the 'what would they know' questions posed.

[Bad English]

There's some doghead on twitter... that reckons

I'm having a dump and trying to use the time profitably and now this.

[paul_e]

That Swiss Ramble site was pretty close to the nub wasn't it, it said we needed to sell £60m odd worth of players and we did, despite the 'what would they know' questions posed.

but other reports were that the Luiz deal alone was enough.

It's all guessworkbut the swiss ramble one at least made a decent effort to explain why they were guessing the way they were. We'll see when the accounts come out but I wouldn't be surprised f we see a profit of £20-30m given the huge drop in 'exceptional' items relating to sacking and replacing managers/coaches and the extra income from Europe and a higher league finish.

[Dogtanian]

I think when I went through the accounts and did the PSR calculation it worked out that we could lose something like £20-30m for 2023-24.

Considering we lost £120m in 2022-23, the question was how much of that was exceptional as Paul says, how much is then covered by the £50m revenue increase as per Big Heck, and how much we’d then need to cover from sales.

[The Edge]

There is an excellent article in Birmingham Live today (I know I was surprised too) written by John Townley explaining our position regarding our financial situation and how Chris Heck must go about raising our revenue streams to compete at the top level.

[Risso]

John Townley is on the whole, very good.