Something to cheer you up...

[GodlyOtsemobor 2,830]

Nicked from the book of faces... 

 

 

[canarydan23 4,762]

So that's a net loss of...

[baldy09 196]

Just now, GodlyOtsemobor said:

Nicked from the book of faces... 

 

 

Have they got room for a least 7 more of our players- perhaps they looking for example a striker of Idah ability

[keelansgrandad 6,680]

Considering all the other poor expensive signings, its €7M gained.

[essex canary 623]

4 minutes ago, canarydan23 said:

So that's a net loss of...

Deduct it from the Webber"s salaries.

[Greavsy 2,645]

3 hours ago, essex canary said:

Deduct it from the Webber"s salaries.

Or 90% thereof.

[FenwayFrank 2,717]

18 hours ago, canarydan23 said:

So that's a net loss of...

£1.9m , but it does give £6m for Wagner for next season

[Davidlingfield 72]

13 minutes ago, FenwayFrank said:

£1.9m , but it does give £6m for Wagner for next season

Except that it is needed to repay debts

[Mello Yello 2,572]

Should use the Rashica dosh to hire a Yeti to stalk and chase Webbo around Everest....That'll learn him!.....

[shefcanary 2,955]

8 minutes ago, Davidlingfield said:

Except that it is needed to repay debts

That is not true! We borrowed sufficient money, purely for cash flow purposes, to cover the later instalments and current salaries resulting from the past expenditure on the squad in Webber's calculated gamble of avoiding relegation last season. The loans were "secured" on the parachute payments, that is as we received the parachute payments, those payments went straight to repay the loans (effectively not touching the club's bank account). 

We were also told by Richens in his infamous "any questions video", this meant that any future outlay for new players has to be covered by money made from sales from the current squad as the budget for this season was effectively break-even (i.e. no new debt). Any money made from the sale of Rashica falls into that financial envelope, so it is a start of cash for the re-build.

Add to that any dividend from Maddison's sale at Leicester, the usual sale of one or two on the periphery of the squad or older squad members, that effectively generates for the average championship team a good base for a rebuild (£10-15m). Remember we also received £10m from Attanasio for his C Preference shares which was also not in the budget and could also be added to the pot. It may well be that we will see the sale of Sara, who reports already say would command a fee of £25m.

In total that is roughly £50m, in theory more than enough money to build a decent, if young squad, to mount a proper championship promotion push next year. If, and it is a big if in my view, Webber can be relied on to spend wisely.

With Attanasio in the wings the pressure is really on Webber to deliver this summer. Repeat his poor recruitment of recent seasons and he will be given the boot by the American.

If it wasn't for the reliance on Webber, I'd actually think we were in a good position on the transfer front. 🙂 

[Google Bot 3,934]

4 minutes ago, shefcanary said:

With Attanasio in the wings the pressure is really on Webber to deliver this summer. Repeat his poor recruitment of recent seasons and he will be given the boot by the American.

Is it 'just' Webber though, Adams, the coaches and the scouting network are surely involved in each player we track and go on to sign?

Attanasio's thing certainly seems to be more objective, statistically methods of recruitment, so 'if' we were operating purely via Webber shopping spree's in the past I think that will definitely stop now that MA has more than a leg in the door.

[shefcanary 2,955]

Just now, Google Bot said:

Is it 'just' Webber though, Adams, the coaches and the scouting network are surely involved in each player we track and go on to sign?

Attanasio's thing certainly seems to be more objective, statistically methods of recruitment, so 'if' we were operating purely via Webber shopping spree's in the past I think that will definitely stop now that MA has more than a leg in the door.

I agree it is more than the leader of the team, but Webber ultimately is responsible for building that team. In sport, it is the head of such teams that gets the bullet, the rest of the team may well be collateral damage that results from the change at the top.

I do accept your point, he may "buy" himself time by rearranging the chairs on the deck, or by being ruthless and sacking some of that team. Webber will show his "Teflon" credentials and what is likely to happen will be the latter, but will he get two more transfers windows?

[......and Smith must score. 1,600]

50 minutes ago, FenwayFrank said:

£1.9m , but it does give £6m for Wagner for next season

If that’s all we’re losing I reckon we’ve done well.

Anyway business is all about profit and loss. Some people on here seem obsessed that we musn’t lose money on players. Looking at the big picture over the years we’ve done very well on transactions and we’re way ahead.

 

[hogesar 10,767]

3 minutes ago, ......and Smith must score. said:

If that’s all we’re losing I reckon we’ve done well.

Anyway business is all about profit and loss. Some people on here seem obsessed that we musn’t lose money on players. Looking at the big picture over the years we’ve done very well on transactions and we’re way ahead.

 

And if we get £20-25m for Sara then we're even further ahead on the ol' balance sheet. Webber will have worked financial miracles still, despite some poor 'big' signings for us. 

Of course, we'll then be down a good, goal-scoring midfielder....

[norfolkngood 1,174]

3 minutes ago, hogesar said:

And if we get £20-25m for Sara then we're even further ahead on the ol' balance sheet. Webber will have worked financial miracles still, despite some poor 'big' signings for us. 

Of course, we'll then be down a good, goal-scoring midfielder....

Goal scoring is the big problem 

Dean Ashton was talking about it last night on highlights show 

Norwich problem this season is goal scoring and we have not been good enough 

yesterday prime example why we are not higher up league 

 

[hogesar 10,767]

2 minutes ago, norfolkngood said:

Goal scoring is the big problem 

Dean Ashton was talking about it last night on highlights show 

Norwich problem this season is goal scoring and we have not been good enough 

yesterday prime example why we are not higher up league 

 

Yeah, I mean effectively we've gone from our strikers scoring but no-one else under Smith to none of our strikers scoring under Wagner, but getting goals from midfield. Unfortunately that's not really worked out when Dowell and Nunez are injured, making Sara our only goalscorer.

[Davidlingfield 72]

56 minutes ago, shefcanary said:

That is not true! We borrowed sufficient money, purely for cash flow purposes, to cover the later instalments and current salaries resulting from the past expenditure on the squad in Webber's calculated gamble of avoiding relegation last season. The loans were "secured" on the parachute payments, that is as we received the parachute payments, those payments went straight to repay the loans (effectively not touching the club's bank account). 

We were also told by Richens in his infamous "any questions video", this meant that any future outlay for new players has to be covered by money made from sales from the current squad as the budget for this season was effectively break-even (i.e. no new debt). Any money made from the sale of Rashica falls into that financial envelope, so it is a start of cash for the re-build.

Add to that any dividend from Maddison's sale at Leicester, the usual sale of one or two on the periphery of the squad or older squad members, that effectively generates for the average championship team a good base for a rebuild (£10-15m). Remember we also received £10m from Attanasio for his C Preference shares which was also not in the budget and could also be added to the pot. It may well be that we will see the sale of Sara, who reports already say would command a fee of £25m.

In total that is roughly £50m, in theory more than enough money to build a decent, if young squad, to mount a proper championship promotion push next year. If, and it is a big if in my view, Webber can be relied on to spend wisely.

With Attanasio in the wings the pressure is really on Webber to deliver this summer. Repeat his poor recruitment of recent seasons and he will be given the boot by the American.

If it wasn't for the reliance on Webber, I'd actually think we were in a good position on the transfer front. 🙂 

I will absolutely amazed if there is anything close to £50m to spend on players this summer.

£45m of debt to settle from parachutes and I would imagine this season's wage bill has long ago eaten up Attanasio's £10m but we shall see.

[essex canary 623]

51 minutes ago, hogesar said:

And if we get £20-25m for Sara then we're even further ahead on the ol' balance sheet. Webber will have worked financial miracles still, despite some poor 'big' signings for us. 

Of course, we'll then be down a good, goal-scoring midfielder....

Another way of looking at it is that the Sara profit will simply pay back part of a much larger wage bill than Luton after the event. What kind of miracle is that especially when Sara hasn't had time to maximise impact?

[hogesar 10,767]

1 minute ago, essex canary said:

Another way of looking at it is that the Sara profit will simply pay back part of a much larger wage bill than Luton after the event. What kind of miracle is that especially when Sara hasn't had time to maximise impact?

You could argue the multiple rounds of parachute payments achieved by 2 consecutive (well, as much as they can be) promotions under Webber's tenure have allowed for such a wage bill in the first place.

[Capt. Pants 5,013]

2 hours ago, FenwayFrank said:

£1.9m , but it does give £6m for Wagner for next season

Unfortunately it will go via Webber first.

[Greavsy 2,645]

3 hours ago, hogesar said:

You could argue the multiple rounds of parachute payments achieved by 2 consecutive (well, as much as they can be) promotions under Webber's tenure have allowed for such a wage bill in the first place.

There's no place here for rational points hoggy. Behave! 😉