Jump to content
Note to existing users - password reset is required Read more... ×

Essex_Canary

Members
  • Content Count

    169
  • Joined

  • Last visited

Community Reputation

4 Neutral

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

  1. Essex_Canary

    Move Ground to move forward.

    Oh the irony 25 years on. Robert Chase was hounded out of the club for putting funding towards facilities and land rather than players. Yet now a significant minority are suggesting we do exactly that. Reduce our playing budget so that we can build a stand. The board can’t win, they spend money on players and there are a vocal bunch who maintain we aren’t spending enough and trying to do things on the cheap. We push the boat out on signings and those same few moan when we have to sell and are forced to make cut backs. What this club needs for the next 2 or 3 years is a bit of stability, if we are still fortunate enough to be premier league club at that point then expansion is a discussion worth having.
  2. Essex_Canary

    Webber man of integrity

    He did inherit a total shambles, both on and off the pitch. A first team that had 3 number 10’s but only one full back, an ageing squad living off what they achieved 2 years previous, a bloated wage bill, a financial position which meant the club wouldn’t have been able to meet its liabilities, a training ground that once was state of the art but by that point was out of date despite 4 years of premier league money, a scouting network Thad seemed to letch from one misguided strategy to the next and a complete disconnect between the club and supporters. Sounds like an utter shambles to me
  3. Essex_Canary

    Philip Heise

    Part of the squad. By all accounts he was going to be signing in the summer anyway so this is just an extended settling in period/bit of cover if required job between now and May
  4. I do love a good read of TWTD, even in our darkest times their delusions have made me laugh. I read recently a thread about the financial impact of their relegation to League One and it appears as though the farm hands are rather missing the plot...one even suggested that they might even reduce their debt by getting relegated. https://www.twtd.co.uk/forum/448112/why-relegation-would-be-a-financial-disaster. What has changed since we were in League One is FFP. Effectively the EFL have put into place some pretty stringent rules to limit what clubs can pay in wages and unlike getting relegated from the Premier League there is no parachute payments. Whilst FFP in the Championship is fairly flimsy at League One level it is more rigid and strictly enforced and it comes in the form of SCMP - Salary Control Management Protocol - which allows clubs to only spend 60% of their turnover on wages. For the binners this spells huge issues. Their last set of accounts showed they paid £18.5m in wages against a turnover of just £17.1m. In League One their revenue will drop by at least £6m because of the difference in TV money alone (it will probably be more due to falling attendances (fewer away fans) and lower commercial deals etc) so that means their turnover will be around £11m. If that is the case then with SCMP they will be forced to operate with a wage bill of just £6.6m - down nearly £12m from the last set of accounts...and if they don’t then they’ll be under a transfer embargo. Now player sales count towards turnover so in theory they can sell off their ‘best’ players to increase their turnover...however it’s not like they have a hugely talented squad that has simply under performed, they are where they are because their playing squad isn’t good enough for the championship. Even if one of their players is in demand every club in the league knows the issues that they are facing financially so they are hardly going to get ‘decent’ offers. They literally will have to take whatever they get offered. As we know getting rid of players on big wages can be an issue, so that juicy new contract they gave to the hapless keeper last summer (20k per week, £1m a year) will be over 15% of their total salary bill all on his own. The best they can hope is they can find someone to take him on a free and match his contract, but it’s hardly like he’s going to be in that much demand, given his wages and the season he’s having. But, I hear the dim-witted farm hands down the road say, their friendly (asset-stripping ticket tout) owner can simply pump in millions more of his money to boost the turnover figures...except old Marcus has never gifted the club anything, all the money he ‘invests’ each year to keep them afloat is actually in the form of loans...ever heard the one about it not really being debt because he owes it to himself! Now the EFL have long since cottoned on to that old ploy so loans aren’t included within turnover for SCMP calculations, meaning unless the tout actually donates the money to the club he can’t make up the shortfall himself...and given that he’s not exactly been one to dig into his own pockets (exact opposite, he’s actually robbed them blind) the notion that he will suddenly change seems rather far fetched! Now SCMP doesn’t actually cover transfer fees paid out, so in theory they could go and blow millions on new players to rebuild their already League One standard squad, however they still have to pay the wages of the players they pay fees of and keep to the salary limit...so again that seems unlikely. There are some exceptions to SCMP for young players and existing long term contracts, but seeming as though the long term contracts are most likely to be the most onerous, this is scant consolation. http://www.financialfairplay.co.uk/scmp.php To sum it all up, this idea that they can go down and bounce straight back up seems fanciful. Yes there are clubs that have done it but those were (relatively in comparison) better run clubs...and the longer they spend in League One the harder it gets as the more their turnover falls.
  5. Essex_Canary

    Football stadium quiz

    11/12 and annoyingly the one I got wrong was a ground I’ve been to!
  6. Basic economic principles of supply and demand. Prices aren’t ‘high’ because if they were demand would drop given that supply (number of seats) is a constant.

    The club has to generate revenue anyway it can and (unlike in the Premier League) matchday income is the single biggest form of revenue that the club can generate.
  7. The twenty is plenty arguement is a Premier League discussion only. Outside the top flight it’s all about maximising income in anyway possible so as long as demand is consistently high there will never be a case for reducing tickets to that level for games at Carrow Road. If you read any of the Swiss Ramble blog or his tweets you realise how good the club is at generating commercial revenue, for the last set of published accounts we had the second highest commercial revenue and overall income (excluding parachute payments) of all the club’s in the league.
  8. Essex_Canary

    Maddison £20m, Grealush £30-40m. Discuss.

    How does it? We wanted to do a deal early in this he summer so we could bring players in with the cash raised and still managed to squeeze a record fee out of Leicester for him. The whole £40m for Grealish thing started with a throw away comment by Steve Bruce before the financial meltdown at the club happened and as far as I am aware there hasn’t actually been a single bid of more than £20m made for him, let alone £30-40m.

    To have got more than £60m for the Murphy’s, Pritchard and Maddison over the last 12 months is incredible business even more so when you consider this cake against a backdrop of huge financial challenges at the club.
  9. Essex_Canary

    Season Ticket Letter

    They were originally multi year ones but included sponsors logos on them which meant they were redundant when those deals expired. When they reissued them they did so without sponsors logos so they’ll be good for many years to come
  10. Essex_Canary

    Cracking result for the scum

    Fair to say the Braintree squad is one in transition. Having got promoted last season rather surprisingly they are having to pull a squad together to compete in the National League on a shoe string budget. That process was evident midweek when they were completely outplayed by Colchester (losing 5-0) but this afternoon they dominated from start to finish and probably should have won by a few more. Best summed up by saying one team looked like a bunch of part-timers who’ve had only had a few training sessions together and the other side were Braintree
  11. Essex_Canary

    Jerome not fit

    Rowett says Jerome isn''t fit, yet Jerome himself admitted once he had completed his move that the training methods (and distanced required to be run in training) under Daniel Farke were too much for him. No doubt as to who is to blame for him not being fit.
  12. There were two indirect free kicks on Saturday at Carrow Road
  13. Essex_Canary

    West Ham in for Maddison

    Think it is just as likely that Tom Cairney is their real target but by leaking supposed interest in Maddison at £12m they are hoping to get Fulham to come down in price on Cairney
  14. Essex_Canary

    Remi

    Penalty save at Bradford yesterday as Argyle (who started bottom of the table) won 1-0 at the third place team.

    Also getting rave reviews from the Plymouth fans - http://www.pasoti.co.uk/talk/viewtopic.php?f=30&t=101603

    (Sorry on my phone so can’t hyperlink that)
  15. Essex_Canary

    madison

    A quiet game but in his defence I thought he got kicked up in the air by Birmingham and was afforded (unsurprisingly given it was Simon Hooper) little protection from the referee. He is 20 years old, far from the finished product and has started just 5 games at this level.
×