Big O 225 Posted February 1, 2017 Ok, simple maths using public available sources… clearly transfer fees are always a little subjective but go with it for now..Players SoldJohnson - £7.5mGrabban - £7mHooper £3mVadis - £?RVw - £?Redmond - £11mOllson £4.5mBrady £13m= £47mPlayers BoughtMbokani – season long loan fee (say £2m)Bamford – Half season long loan (say £1m)Klose - £8mNaismith - £8mPritchard - £8mWildshut - £7mGodfrey - £1mAdams - £500kJarvis - £2.5mCanos - £2.5m= £40.5mPremiership TV money last year = £66.7m http://www.totalsportek.com/football/premier-league-prize-money-table-2015/Parachute Payment this year = £40mGate Receipts lets base it on 20,000 Adults * £500 = £10m7,000 Children * £150 = c£1mSo £11m a season - £22mCatering (a year) £4m https://www.theguardian.com/football/2015/apr/29/premier-league-finances-club-by-clubCommercial and other income (a year) £10m (same source)So £14m a season = £28mSo £7m net in transfer fees (roughly) + £107m in TV Money + £22m in Gate Receipts + £28m in other revenue = £164mAssuming break-even post these latest transfers, is our underlying expenditure really £82m a year???If it is, then we must have a massive wage bill that needs significant actions to address or….there must be some further cash somewhere! Share this post Link to post Share on other sites
lappinitup 629 Posted February 1, 2017 Such a shame the C.G.F.P.A''s (fag packet accountants) went into liquidation.However, your spreadsheet looks remarkably similar to some of their previous efforts so I''m sure you''ll fit in if they ever reform. Now, where''s Tangy when you need him? Share this post Link to post Share on other sites
Bill 1,788 Posted February 1, 2017 "clearly transfer fees are always a little subjective but go with it for now.."but I shan''t let that minor detail stop me Share this post Link to post Share on other sites
Thirsty Lizard 3,085 Posted February 1, 2017 Get that fag packet out Big O and add in: ''Ivo Pinto - £2.5 million''. Share this post Link to post Share on other sites
Year of the tiger 51 Posted February 1, 2017 Think there are also missing fees for Maddison & loan fee for Dijks. Also running expenses for club & academy. I suppose they also get by on fresh air Share this post Link to post Share on other sites
shefcanary 2,341 Posted February 1, 2017 Don''t forget what has been squirrelled away for ground expansion ...... Share this post Link to post Share on other sites
Greavsy 2,398 Posted February 1, 2017 And those smaller seats, not sure that''s expansion 😉 Share this post Link to post Share on other sites
ZLF 261 Posted February 1, 2017 To give a sense of the scale of the wage bill I refer to the attached twitter feed - apologies for the lack of clicky.If, as is alleged, our non appearing 3rd choice striker is pocketing c£40k pw what are the good players getting paid? https://twitter.com/RichardBalls/status/823231584862085120 Share this post Link to post Share on other sites
Thirsty Lizard 3,085 Posted February 1, 2017 Okay Big O - here''s what I suggest.Get a nice sheet of blank paper - or one of them new fangled spread sheet thingies.Copy out that list of ''transfers in'' from your fag packet. Then at the bottom add the following:Ivo Pinto - £2.5 million.James Maddison - £2.5 million.Nelson Oliveira - £4.5 millionGraham Dorrans - £2.5 millionMitchell Dijks - loan fee £300,000??Then find a blackboard and some chalk and write on it 100 times: "I must do my research before posting on an Internet forum". Finally - tear up the fag packet and throw it in the bin. Share this post Link to post Share on other sites
Bill 1,788 Posted February 1, 2017 Don''t let them put you off Big OI''ve had a word with Ken Dodd and he''s up for you doing his accounts Share this post Link to post Share on other sites
Bill 1,788 Posted February 1, 2017 At least someone understands what Farage is all aboutclickgo to 1m 20secs Share this post Link to post Share on other sites
Bill 1,788 Posted February 1, 2017 whoopswrong threadapologies to all Share this post Link to post Share on other sites
BroadstairsR 2,093 Posted February 1, 2017 Didn''t I read from the accounts at June 2016 that the wages bill was 55% of turnover?That''s not too bad by all accounts.This figure will increase this year as the Championship turnover decreases, and wages do not increase proportionately. I presume this figure is ALL wages and not just the players.I also seem to remember that for a few seasons ITFC''s wage bill was in excess of 100% of turnover, a factor which helped bring about their mounting debt. Share this post Link to post Share on other sites
Big O 225 Posted February 1, 2017 So only about £12m out, can I claim that as a rounding error? I''ve started my lines Share this post Link to post Share on other sites
BroadstairsR 2,093 Posted February 1, 2017 "wages do not decrease accordingly." Share this post Link to post Share on other sites
daly 497 Posted February 1, 2017 Lots of fag packets in the CR brown envelopes Share this post Link to post Share on other sites
Thirsty Lizard 3,085 Posted February 1, 2017 Kudos for having a sense of humour Big O. Share this post Link to post Share on other sites
Bill 1,788 Posted February 1, 2017 well at least you referred to the envelopes as browna step in the right direction, I suppose Share this post Link to post Share on other sites
Bill 1,788 Posted February 1, 2017 [quote user="BroadstairsR"]Didn''t I read from the accounts at June 2016 that the wages bill was 55% of turnover?That''s not too bad by all accounts.This figure will increase this year as the Championship turnover decreases, and wages do not decrease proportionately.* I presume this figure is ALL wages and not just the players.I also seem to remember that for a few seasons ITFC''s wage bill was in excess of 100% of turnover, a factor which helped bring about their mounting debt.[/quote]I think that the players took a wage cut due to relegation* amended as by Broadstairs Share this post Link to post Share on other sites
Greavsy 2,398 Posted February 1, 2017 Obviously didn''t get the memo!That will soon get knocked out of him. Share this post Link to post Share on other sites
BroadstairsR 2,093 Posted February 1, 2017 Re: Just how big must our wage bill be? BroadstairsR wrote:Didn''t I read from the accounts at June 2016 that the wages bill was 55% of turnover? That''s not too bad by all accounts. This figure will increase this year as the Championship turnover decreases, and wages do not decrease proportionately.* I presume this figure is ALL wages and not just the players. I also seem to remember that for a few seasons ITFC''s wage bill was in excess of 100% of turnover, a factor which helped bring about their mounting debt."I think that the players took a wage cut due to relegation."Yes but the "proportionately" is the operative word.The year before (another Championship season) showed an increase in this %. Somewhere in the 60''s I seem to recall.Such is the massive drop in income caused by the drop and it is not matched by as bigger drop proportionately in wages. Share this post Link to post Share on other sites
Donkey dangler 0 Posted February 1, 2017 [quote user="lappinitup"]Such a shame the C.G.F.P.A''s (fag packet accountants) went into liquidation.However, your spreadsheet looks remarkably similar to some of their previous efforts so I''m sure you''ll fit in if they ever reform. Now, where''s Tangy when you need him?[/quote]You could ask Purple Canary. Share this post Link to post Share on other sites
Donkey dangler 0 Posted February 1, 2017 Big O,Godfrey cost an initial £180k with £820k of add ons.Adams - nowhere near £500k....£50k or under Pritchard - the £8m includes the add onsKlose £7.4mbut dont forget we had to pay £90k for Balls UP! Then there was the big rotating screen.Purple Canary is the man to ask. Share this post Link to post Share on other sites
Donkey dangler 0 Posted February 1, 2017 [quote user="shefcanary"]Don''t forget what has been squirrelled away for ground expansion ......[/quote]Nothing. Share this post Link to post Share on other sites
Donkey dangler 0 Posted February 1, 2017 However there is something in the accounts that I do not like but I am sure Purple Canary can advise you as to what it is! Share this post Link to post Share on other sites
Bill 1,788 Posted February 1, 2017 It appears that there may not be the same previous relegation clauses, which might explain why we were able to ''hold on'' to most of our PL squad''Key actions taken in the business within the last 12 months include:- Ensuring financial position remains strong despite relegation, due to no debt and relegation clauses in all player contracts''http://www.canaries.co.uk/news/article/2016-17/norwich-city-annual-accounts-2015-2016-3388292.aspx(see below Ed Balls pic) Share this post Link to post Share on other sites
ricardo 7,239 Posted February 1, 2017 Who needs Annual Accounts when you''ve got a fag packet? Share this post Link to post Share on other sites
Van wink 2,994 Posted February 1, 2017 Or a bag of beans and some peppercorns Share this post Link to post Share on other sites
Bill 1,788 Posted February 1, 2017 [quote user="ricardo"]Who needs Annual Accounts when you''ve got a fag packet?[/quote]Not just any fag packetthese accounts have been drawn up byWills, Woodbines & Weights Share this post Link to post Share on other sites
Van wink 2,994 Posted February 1, 2017 Plastic Nancy is pretty good at adding accounts. Share this post Link to post Share on other sites