Quote from: Drummond on August 29, 2023, 04:16:30 PMOh yes, but for FFP reasons that can't have helped them much. We really have done well FFP wise with those 5.I don't think that's right. They paid £12m for Jota, sold him two years later for £41m, so there's £35m profit. Neves was bought for £16m, and sold for £47m after 6 years, so almost all profit. Gibbs-White was a youth player so that's between £25m and £40m pure profit with add ons. Well over a hundred million right there, just for three players.
Oh yes, but for FFP reasons that can't have helped them much. We really have done well FFP wise with those 5.
Quote from: Risso on August 29, 2023, 04:37:48 PMQuote from: Drummond on August 29, 2023, 04:16:30 PMOh yes, but for FFP reasons that can't have helped them much. We really have done well FFP wise with those 5.I don't think that's right. They paid £12m for Jota, sold him two years later for £41m, so there's £35m profit. Neves was bought for £16m, and sold for £47m after 6 years, so almost all profit. Gibbs-White was a youth player so that's between £25m and £40m pure profit with add ons. Well over a hundred million right there, just for three players.I'm sure I read on Molineux Thicks at some point over the last year that their financial issues are down to the fact that Fosun insists on taking £50m per year as a return on its investment so the club has to make a hell of a lot for there to be enough left to reinvest in players. No doubt I (or whichever Roy "Chubby" Brown t-shirted MM contributor I got it from) am talking bollocks.
I think Wolves highlight that if you're going to invest heavily on the playing side, it's vital that you win something.
Quote from: Lastfootstamper on August 29, 2023, 03:14:57 PMI think Wolves highlight that if you're going to invest heavily on the playing side, it's vital that you win something.Yes but I am sure there are more knowledgeable people on here to input on this but I would have thought the trick is to spend loads to start and over the next few seasons increase your revenue to a level where you can carry on spending to stay competitive and keep increasing your revenue. If you stall at this stage and the commercial deals are not delivering higher revenue and there is no regular European football, and no trophies then it's going to come home to roost. That's where Wolves are and that's what we need to avoid.
Quote from: olaftab on August 29, 2023, 08:42:10 PMQuote from: Lastfootstamper on August 29, 2023, 03:14:57 PMI think Wolves highlight that if you're going to invest heavily on the playing side, it's vital that you win something.Yes but I am sure there are more knowledgeable people on here to input on this but I would have thought the trick is to spend loads to start and over the next few seasons increase your revenue to a level where you can carry on spending to stay competitive and keep increasing your revenue. If you stall at this stage and the commercial deals are not delivering higher revenue and there is no regular European football, and no trophies then it's going to come home to roost. That's where Wolves are and that's what we need to avoid.at some point it looks like they got a bit carried away with themselves financially (who would have thought it)
FOSUN are in a mess in China aren't they? I thought FFP was the figleaf for why they won't invest.
We've also seen first hand how disruptive it is when you have to sell players you really don't want to.
Quote from: Ads on August 30, 2023, 07:32:47 AMFOSUN are in a mess in China aren't they? I thought FFP was the figleaf for why they won't invest.Are they not also impacted by the Chinese government clamping down on their companies burning lots of money on football clubs?Anyway, whatever has caused it, I like it.
I’d add that the primary beneficiary of that investment in the playing squad appeared to be “Jorge Mendes Pension Plan Inc” which wasn’t exactly thinking for the longer term either.
Quote from: AV82EC on August 29, 2023, 03:19:54 PMI’d add that the primary beneficiary of that investment in the playing squad appeared to be “Jorge Mendes Pension Plan Inc” which wasn’t exactly thinking for the longer term either. In fairness, haven't we contributed handsomely to that fund too?
His name is Unai Emery He saved us from the drop I just can't get enough, I just can't get enough With Nassef and Wesley He'll take us to the topI just can't get enough, I just can't get enough The good times are back again And I just can't seem to get enough EmeryDu Du dudu dudu Du Du duDu Du dudu dudu Du Du duDu Du dudu dudu Du Du duUNAI EMERYSong for Unai.