- Joined
- May 26, 2019
- Messages
- 24
Amazing to think that we haven't learnt from previous years. To not to have signed a starting 11 player yet astounds me.
We spent less than 80m last season so yeah won't surprise me much if that's true.
That's what I'm thinking.
Had the same story been printed last Summer, fans on this forum would not have believed it, even though it would later turn out to be true.
At this stage, I have no idea what to believe. Woodward is trying to save money - I know that for a fact. So this would fit in with Woodward's planning.
100 million net is about what i'd expect for a club without Champions League football?
You are lucky really that you can go in to next season realistically knowing that only two clubs will definitely finish above you.
The budget isn't your problem next season, it's having a manager that would struggle to get a job at any other Premier league club, and too many players that either don't want to be there, or don't seem to care about football enough?
Assuming we sell Pogba, what would Cafs consensus be if these are our 5 signings this summer?
1. Daniel James
2. Sean Longstaff
3. Wan Bissaka
4. Declan Rice
5. Harry Maguire
Five players means it's a sign of serious rebuild. All of them have potential to improve themselves and the team but without solid source of goals these deals may be for nothing in terms of fight for CL spot.Assuming we sell Pogba, what would Cafs consensus be if these are our 5 signings this summer?
1. Daniel James
2. Sean Longstaff
3. Wan Bissaka
4. Declan Rice
5. Harry Maguire
Assuming we sell Pogba, what would Cafs consensus be if these are our 5 signings this summer?
1. Daniel James
2. Sean Longstaff
3. Wan Bissaka
4. Declan Rice
5. Harry Maguire
Assuming we sell Pogba, what would Cafs consensus be if these are our 5 signings this summer?
1. Daniel James
2. Sean Longstaff
3. Wan Bissaka
4. Declan Rice
5. Harry Maguire
Disgusting.
There was a report that I glanced at earlier which claimed Woodward got a large pay rise last season for having the lowest net spend in years. Do I believe it? No, but he may be awarded bonuses on his P&L columns.What do you think are the reasons behind Woodward's, to use a polite term, frugal approach to transfer spending?
There was a report that I glanced at earlier which claimed Woodward got a large pay rise last season for having the lowest net spend in years. Do I believe it? No, but he may be awarded bonuses on his P&L columns.
Or perhaps we’re tightening belts before a sale
There was a report that I glanced at earlier which claimed Woodward got a large pay rise last season for having the lowest net spend in years. Do I believe it? No, but he may be awarded bonuses on his P&L columns.
Or perhaps we’re tightening belts before a sale
Thanks. P&L theory sounds plausible although my understanding of this subject is limited.
@Coops73 Perhaps depends on who we're prospectively selling to?
Could happen, I’m just not getting those vibes right now.Or maybe they will blow all our negative expectations away in July..
Could happen, I’m just not getting those vibes right now.
Yeah, I know, I’m obviously surmising.I don't want to give you false hope but the reality is that you never have actual vibes, only a handful of peoples have an actual clue and unless they talk to someone, no one knows how advanced a transfer is.
Or maybe they will blow all our negative expectations away in July..
Players now cost a lot more money. We have lost 2 midfield players in Fellaini and Herrera who we haven’t replaced. Plus we have to find a replacement for Ashley Young at RB and we also obviosly need a RW in our attack for ages. I also see we should find a CB to be the leader of the defense, but that could wait a year. So we need this year 4 players just to have a complete working team, and you can quickly see 100 million is not enough.
The reality is that you aren't going to be able to solve all these problems in one transfer window.
You are probably going to have to settle for 2-3 players this summer. That should still make you strong enough to either finish in the top four or win the Europa league?
If you sign three good young players and qualify for the Champions League, you will have had a good season.
If you don't qualify for the Champions league then your manager will be gone and you will probably get a much better manager.
Either way you will be in a much stronger position this time next year.
The reality is that you aren't going to be able to solve all these problems in one transfer window.
You are probably going to have to settle for 2-3 players this summer. That should still make you strong enough to either finish in the top four or win the Europa league?
If you sign three good young players and qualify for the Champions League, you will have had a good season.
If you don't qualify for the Champions league then your manager will be gone and you will probably get a much better manager.
Either way you will be in a much stronger position this time next year.
Yes, i'm pretty sure there are a lot of misconceptions in this thread of how it works.
From what i understand, in the annual accounts the 'transfer spend' is seen through the 'Player Amortisation' line below (£138.4m) for 2018:
The £138.4m will be made up of writing off (amortising) previous year's transfer fees over the length of the contracts. So it will include for example £20m of the £100m we spent on Pogba in 2016 (£100m/5 year contract).
In simple terms getting say Bale on loan for 'free' but on £600k a week, would cost us £30m in annual profit terms. Wan Bissaka for £50m on £100k a week might cost us £15m a year (£50m/5 + £5m wages). How we actually pay for the transfer fee (up front/installments) is a different thing.
Really starting to get the impression the club is regretting appointing Ole so early and are not going to back him in the market. It cannot be feasible, if reports are to be believed, that we can’t close a deal for a RB, who wants to be here, and not look at other targets at the same time. If that is the case then Ed needs to be relinquished of all matters related to football. But we’ve known that for a long time.
Our average net expenditure since Fergie retired is just over £100m. So I am not surprised.
The worst part is we are abysmal at shifting players.
I agree that it isn't enough but from a financial pov, I can see why it is set at £100m. Pur revenues are expected to fall this season, we have problem selling players and there is no guarantee of CL football at the end of the season. There is also strong evidence our commercial revenue is beginning to plateau.The difference is we are in a far worse position now. 100m gets you nowhere in the market especially if we want to build a title contending team again. We must be the worst run “elite” clib. It’s no surprise players don’t want to come.
@Leftback99 - you seem knowledgeable on the subject so can I ask.....the money we have spent post-SAF under Moyes, LvG and Jose....am I right in thinking that the majority, if not all, of these transfers will be amortised on the balance sheet in this way i.e. an annual deduction for each year of their contract?
I have been thinking about a theory that the Glazers went for bust during this period in the hope of buying our way out of trouble short term and paying it back over the next 4/5 season, during which there would be minimal investment. Wondered if it stacks up with what we are seeing on the balance sheet?
I agree that it isn't enough bit from a financial pov, i can see why it is set at £100m. Pur revenues are expected to fall this season, we have problem selling players and there is no guarantee of CL football at the end of the season. There is also strong evidence our commercial revenue is beginning to plateau.
This club isn't as rich as people like to assume.
Yes, it's the point I am trying to make. Almost all of our revenue is already committed. I have always said it, this club is going nowhere until we clear the decks. Our wage bill alone is almost £300m. We have tons of players with almost no book value. We are a mess.The club is extremely rich but people don't really know what it means. Our team is probably overpaid by a good 100m, that money is yearly gone. People wonder why we aren't blowing smaller clubs away in the market, it's simply due to the fact that we already have financial commitment and these commitments aren't efficient at all. Just a reminder for people who think that the club isn't spending, the club's revenue in 2018 were 590m, the operating expenses were 562m, these are massive figures in football.
Yes, from what I've read that's how it works.@Leftback99 - you seem knowledgeable on the subject so can I ask.....the money we have spent post-SAF under Moyes, LvG and Jose....am I right in thinking that the majority, if not all, of these transfers will be amortised on the balance sheet in this way i.e. an annual deduction for each year of their contract?
I have been thinking about a theory that the Glazers went for bust during this period in the hope of buying our way out of trouble short term and paying it back over the next 4/5 season, during which there would be minimal investment. Wondered if it stacks up with what we are seeing on the balance sheet?
I agree that it isn't enough but from a financial pov, I can see why it is set at £100m. Pur revenues are expected to fall this season, we have problem selling players and there is no guarantee of CL football at the end of the season. There is also strong evidence our commercial revenue is beginning to plateau.
This club isn't as rich as people like to assume.
Assuming we sell Pogba, what would Cafs consensus be if these are our 5 signings this summer?
1. Daniel James
2. Sean Longstaff
3. Wan Bissaka
4. Declan Rice
5. Harry Maguire