The rot starts at the top

[SwansInTheLake]

‘Skint’ - wtf !?

They’re clearly not skint having recently spent the most ever outside of the prem. Top quartile spenders in the league.

And with Cravatt, Morris and AC investing 10s of £millions we are certainly well placed to not just have our structural gap filled each year but to also continue to invest to achieve our ambitious objectives.

With your analyst hat on - how much more do you want us to spend, whilst also not falling foul of P&S rules.(FFP)?

You talk as if we have millions in the bank and are making an operating profit each year? Our financial power is hugely dependent on player sales which, with our academy being downgraded, is becoming increasingly difficult.

The reason we had such an amount of money in the summer was because of the said investments from Coleman, Cravatt and Morris. These are one off, cash injections with a hope of getting a return. They aren't going to be pumping any more money in, any money we spend from now on will need to come from player sales, and further investors, that's it. There's no more money coming from the current owners other than to keep the books balanced.

If we do fail to raise funds from player sales then our biggest enemy will be FFP, only so much investment money can be spent without us having an increase in revenue, and our day to day operations are not exactly making us a profit.

I know people say we need new owners, but what they really want is leadership. The owners aren't the worst with regards to finances, yes they're not cash rich and plowing money in, but they aren't landing us in 7 figure debts like other clubs in the Champ have been. Worst thing we could do is spunk a load of money and fall foul of FFP. We need someone who knows football at the helm, somone who knows how to invest in our academy and a develop good mix of young players and get good deals on experienced players.

Last thing I want is a Vincent Tan or Chansiri type owner coming in to the club and running it into the ground trying to get too involved and spunk money away.

Far too many fans forget where we were 20+ years ago.

 

[Manselton Jack]

‘Skint’ - wtf !?

They’re clearly not skint having recently spent the most ever outside of the prem. Top quartile spenders in the league.

And with Cravatt, Morris and AC investing 10s of £millions we are certainly well placed to not just have our structural gap filled each year but to also continue to invest to achieve our ambitious objectives.

With your analyst hat on - how much more do you want us to spend, whilst also not falling foul of P&S rules.(FFP)?

Top quartile spenders with bottom quartile value for money in that case.
We absolutely can't risk breaching FFP but can certainly spend what we do have a damn sight better.

 

[A4Jack]

I think with any club there's a risk of getting transfers wrong. Hell even Man City make mistakes like Kalvin Phillips.

But the signings last summer everyone could see were big mistakes at the time. Nobody could see sense in buying a striker for big money and sending one of our young assets the other way who has only had one decent season at this level. For a lower figure it would have been reasonable but the fee was too much.

And whilst Tymon is improving £2.5m for a left back at this level when we had Tjoe-A-On and Ogbeta at the time was silly with glaring deficiencies through the centre of the pitch.

Then you look at Kuharevych and with his injury record to spend seven figures was bizarre to say the least. We talk about signing to develop and sell on but with Yates, Tymon and Pedersen all on permanent where is the resale opportunity?

All we need is common sense. If Yates was £2.5m walk away and look elsewhere. Look at Shankland in Scotland. If Tymon was the same walk away and go with what we've got.

It's all a bit desperate really.

 

[monmouth]

I think with any club there's a risk of getting transfers wrong. Hell even Man City make mistakes like Kalvin Phillips.

But the signings last summer everyone could see were big mistakes at the time. Nobody could see sense in buying a striker for big money and sending one of our young assets the other way who has only had one decent season at this level. For a lower figure it would have been reasonable but the fee was too much.

And whilst Tymon is improving £2.5m for a left back at this level when we had Tjoe-A-On and Ogbeta at the time was silly with glaring deficiencies through the centre of the pitch.

Then you look at Kuharevych and with his injury record to spend seven figures was bizarre to say the least. We talk about signing to develop and sell on but with Yates, Tymon and Pedersen all on permanent where is the resale opportunity?

All we need is common sense. If Yates was £2.5m walk away and look elsewhere. Look at Shankland in Scotland. If Tymon was the same walk away and go with what we've got.

It's all a bit desperate really.

But the spreadsheet data says Yates scores 95% of the 32% of chances that he doesn’t miss.

Bargain

 

[Niigata Jack]

I think with any club there's a risk of getting transfers wrong. Hell even Man City make mistakes like Kalvin Phillips.

But the signings last summer everyone could see were big mistakes at the time. Nobody could see sense in buying a striker for big money and sending one of our young assets the other way who has only had one decent season at this level. For a lower figure it would have been reasonable but the fee was too much.

And whilst Tymon is improving £2.5m for a left back at this level when we had Tjoe-A-On and Ogbeta at the time was silly with glaring deficiencies through the centre of the pitch.

Then you look at Kuharevych and with his injury record to spend seven figures was bizarre to say the least. We talk about signing to develop and sell on but with Yates, Tymon and Pedersen all on permanent where is the resale opportunity?

All we need is common sense. If Yates was £2.5m walk away and look elsewhere. Look at Shankland in Scotland. If Tymon was the same walk away and go with what we've got.

It's all a bit desperate really.

Great post.

 

[newquay]

You talk as if we have millions in the bank and are making an operating profit each year? Our financial power is hugely dependent on player sales which, with our academy being downgraded, is becoming increasingly difficult.

The reason we had such an amount of money in the summer was because of the said investments from Coleman, Cravatt and Morris. These are one off, cash injections with a hope of getting a return. They aren't going to be pumping any more money in, any money we spend from now on will need to come from player sales, and further investors, that's it. There's no more money coming from the current owners other than to keep the books balanced.

If we do fail to raise funds from player sales then our biggest enemy will be FFP, only so much investment money can be spent without us having an increase in revenue, and our day to day operations are not exactly making us a profit.

I know people say we need new owners, but what they really want is leadership. The owners aren't the worst with regards to finances, yes they're not cash rich and plowing money in, but they aren't landing us in 7 figure debts like other clubs in the Champ have been. Worst thing we could do is spunk a load of money and fall foul of FFP. We need someone who knows football at the helm, somone who knows how to invest in our academy and a develop good mix of young players and get good deals on experienced players.

Last thing I want is a Vincent Tan or Chansiri type owner coming in to the club and running it into the ground trying to get too involved and spunk money away.

Far too many fans forget where we were 20+ years ago.

.
You're right. Ish.

You're wrong re operating profit - hence the point about gap - as most clubs in this league, a £1-2m / mth gap is the norm. Our Owners plug that operating gap ++.
You're also wrong about our owners' one-off investment - I'd say they will be investing ever more money, with an expectation of maximising shareholder value - it's their business model, after all.

Agreed re someone who knows about football at the helm. As someone posted recently - a Birch doesn't grow on trees.

Plenty of chatter down here in the leafy lanes : 'someone like Potter' - an additional investor, with proper skin in the game as Sporting Director to reengineer and transform the football operations.

With proper investors keeping as afloat ++, and with an injection of a Potter - beyond exciting times at the .com, again.

.