£50m in player sales

[Robert Ketts Yellow Army 39]

Sara 23m

Rowe 17m

Idah 9m

kamara 2m?

that’s good business

already looking sharper on the commercial front 

[Petriix 3,250]

Good business, yes, but you have to wonder if our new owners are already extracting what value they can from our assets. Obviously the intention is to develop new assets but I'm unconvinced that they're attempting to assemble a squad capable of promotion. Maybe I'll be pleasantly surprised! 

[Creedence Clearwater Couto 1,704]

5 minutes ago, Petriix said:

Good business, yes, but you have to wonder if our new owners are already extracting what value they can from our assets. Obviously the intention is to develop new assets but I'm unconvinced that they're attempting to assemble a squad capable of promotion. Maybe I'll be pleasantly surprised! 

I like a worry as good as anyone, but this really isn’t it.

Bar Sara, the rest all wanted to leave so the job was to extract as much cash from the buying club as possible, which I think has been achieved. 

The model doesn’t change. We need to develop and sell players. The difference is, we’re no longer desperate to sell and can play hardball to get the very best price. See Brentford, for a very good example.

 Some of the players coming in, on paper, are very exciting, and more technical than those departing. It’s a clear indication of how we intend to play.

Edited August 22, 2024 by Creedence Clearwater Couto

[Paul101 196]

by all the reports the running costs are now covered by the Americans do more money from player sales can go back into the buying new talent to develop and sell on 

[Carrow89 273]

1 minute ago, Creedence Clearwater Couto said:

I like a worry as good as anyone, but this really isn’t it.

Bar Sara, the rest all wanted to leave so the job was to extract as much cash from the buying club as possible, which I think has been achieved. 

The model doesn’t change. We need to develop and sell players. The difference is, we’re no longer desperate to sell and can play hardball to get the very best price. See Brentford, for a very good example.

 Some of the players coming in, on paper, are very exciting, and more technical than those departing. It’s a clear indication of how we intend to play.

That is incorrect. Player sales have been based on players 'moving up', nothing much we can do about that.

There is also the false notion that we have to sell to survive, which rather confuses cause with effect. If we receive no income from sales, then that is reflected in the playing budget and similarly reflected when we do sell.

The idea that the club wantonly in debts itself then has to sell to survive is absurd.

[Carrow89 273]

6 minutes ago, Paul101 said:

by all the reports the running costs are now covered by the Americans do more money from player sales can go back into the buying new talent to develop and sell on 

Where does it say that ?

[Creedence Clearwater Couto 1,704]

14 minutes ago, Carrow89 said:

That is incorrect. Player sales have been based on players 'moving up', nothing much we can do about that.

There is also the false notion that we have to sell to survive, which rather confuses cause with effect. If we receive no income from sales, then that is reflected in the playing budget and similarly reflected when we do sell.

The idea that the club wantonly in debts itself then has to sell to survive is absurd.

Respectfully disagree. It was common knowledge we had to sell to make up for the loss in parachute payments. And the club was in debt. 

[Canaries north 156]

28 minutes ago, Creedence Clearwater Couto said:

I like a worry as good as anyone, but this really isn’t it.

Bar Sara, the rest all wanted to leave so the job was to extract as much cash from the buying club as possible, which I think has been achieved. 

The model doesn’t change. We need to develop and sell players. The difference is, we’re no longer desperate to sell and can play hardball to get the very best price. See Brentford, for a very good example.

 Some of the players coming in, on paper, are very exciting, and more technical than those departing. It’s a clear indication of how we intend to play.

Looking at Brighton and Brentford, yes this is the dream. The problem for me is this is what every club is trying to do. We have sold a few players who either had or were about to outgrow us, oh and Idah as well. 

I think if we had asked fans how much we could make from Sara, Rowe and Idah at the start of the season, I think most fans would have thought more. That would have been with less for Idah, Rowe for far more as we wouldn't have foreseen his hissy fit. And probably more for Sara from a prem team. 

Now is the main problem. Can we spend it like Brighton or will we waste it? 

Nappers signings so far this season look promising, but the only player who has spent more than a few weeks at the club, that napper signed, I believe is Van Hooijdonk last year. That could be wrong but if right I do worry. 

[Worthy Nigelton 1,334]

4 minutes ago, Canaries north said:

Looking at Brighton and Brentford, yes this is the dream. The problem for me is this is what every club is trying to do. We have sold a few players who either had or were about to outgrow us, oh and Idah as well. 

I think if we had asked fans how much we could make from Sara, Rowe and Idah at the start of the season, I think most fans would have thought more. That would have been with less for Idah, Rowe for far more as we wouldn't have foreseen his hissy fit. And probably more for Sara from a prem team. 

Now is the main problem. Can we spend it like Brighton or will we waste it? 

Nappers signings so far this season look promising, but the only player who has spent more than a few weeks at the club, that napper signed, I believe is Van Hooijdonk last year. That could be wrong but if right I do worry. 

Not at all. An average of over £16m for Rowe, Sara and Idah is outstanding business. Idah is worth about £2m tops to me and Rowe about £12m. Sara is the only one who didn't go for an inflated price IMHO. Brilliant stuff from Knapper.

[shefcanary 3,081]

I know somewhere, sometime ago, in another thread I said we would raise c.£50m in this summers window from sales, and oh boy the laughs that raised.

Ah well, maybe I'm MC_NCFC in disguise?

[essex canary 631]

£50 million was spent on the way up, £50 million raised on the way down. 

[The Raptor 1,589]

1 minute ago, essex canary said:

£50 million was spent on the way up, £50 million raised on the way down. 

Involving the same players? If not it's a pointless comparrison

[essex canary 631]

1 minute ago, The Raptor said:

Involving the same players? If not it's a pointless comparrison

Some you win, some you lose. Taking one year with another the Club is doubtless trying to profit on player sales to offset its Amortisation charge. 

[GJL Mid-Norfolk Canary 2,073]

Lets just hope we're celebrating wins on the pitch soon as much as the club are celebrating how much we can sell players for..

[Graham Paddons Beard 2,886]

1 hour ago, Paul101 said:

by all the reports the running costs are now covered by the Americans

This isn’t true. 
 

The club is allowed under P and S to make a loss that is underwritten by the owners . This permitted loss in the championship was recently increased to 41.5m over three years. The “Americans” can’t cover unlimited losses. The debt that once existed as debt in the accounts will now become shares but the losses are unchanged. 
 

[wcorkcanary 4,839]

43 minutes ago, The Raptor said:

If not it's a pointless comparrison

Have you not yet met the Prince of pointless comparisons? It's how he operates. 

[essex canary 631]

53 minutes ago, Graham Paddons Beard said:

This isn’t true. 
 

The club is allowed under P and S to make a loss that is underwritten by the owners . This permitted loss in the championship was recently increased to 41.5m over three years. The “Americans” can’t cover unlimited losses. The debt that once existed as debt in the accounts will now become shares but the losses are unchanged. 
 

Yes unless they make annual donations that isn't likely.

[Canaries north 156]

3 hours ago, Worthy Nigelton said:

Not at all. An average of over £16m for Rowe, Sara and Idah is outstanding business. Idah is worth about £2m tops to me and Rowe about £12m. Sara is the only one who didn't go for an inflated price IMHO. Brilliant stuff from Knapper.

As said. Idah, great business. Sara ok but would have hoped for a bit more, Rowe low and for reasons we all know. 

 

This might not be your opinion, but from the other Norwich fans I talk to, Rowe's price is not what they would have wanted before he started playing up, for a player of his age, promise and nationality. 

[Creedence Clearwater Couto 1,704]

3 hours ago, Canaries north said:

Looking at Brighton and Brentford, yes this is the dream. The problem for me is this is what every club is trying to do. We have sold a few players who either had or were about to outgrow us, oh and Idah as well. 

I think if we had asked fans how much we could make from Sara, Rowe and Idah at the start of the season, I think most fans would have thought more. That would have been with less for Idah, Rowe for far more as we wouldn't have foreseen his hissy fit. And probably more for Sara from a prem team. 

Now is the main problem. Can we spend it like Brighton or will we waste it? 

Nappers signings so far this season look promising, but the only player who has spent more than a few weeks at the club, that napper signed, I believe is Van Hooijdonk last year. That could be wrong but if right I do worry. 

I don’t think you’ll find anyone thinking more than £5 million for Idah. We got nearly £9 million! 

I think most accepted around £15million for Rowe. The deal is potentially worth more. 

Sara, I personally thought £30 million was achievable in the right market, but clearly the market wasn’t there. 

In all, I think £50 million was the absolute top end of what we could’ve hoped for and we got it.

[hogesar 10,953]

2 hours ago, GJL Mid-Norfolk Canary said:

Lets just hope we're celebrating wins on the pitch soon as much as the club are celebrating how much we can sell players for..

We rarely agree but yes, there's been a bit too much back-patting for the fees we've got rather than how effective the replacements are or will be.

Equally a bit concerned we go and get 9m for Idah and spend nearly all that on a Croatian young player from the Polish Leagues with very little on his performance stats to back it up. If we get good fees but overspend when buying...

We shouldn't disregard the great work done in getting good value but we should also wait and see how our team is impacted on the pitch.

[ben_645 10]

We seem so be selling players to bigger clubs than in the past. Marseille, Celtic and Galatasaray in this window. This seems like a positive thing in terms of attractive better players with more higher potential as we continue this process. 

Also … Hello.  I’ve been lurking on this website for years and thought I’d finally contribute. Please be kind - I’m not a binner. I moved to Norwich last year after being supporting Norwich since 1992 (My first match was  with my Dad at Main Road of that famous season -  We lost 3-2 and have been a supporter ever since.)

Edited August 22, 2024 by ben_645

[JonnyJonnyRowe 1,047]

3 hours ago, shefcanary said:

I know somewhere, sometime ago, in another thread I said we would raise c.£50m in this summers window from sales, and oh boy the laughs that raised.

Ah well, maybe I'm MC_NCFC in disguise?

Well I hope that if £50m was the target figure to sort the clubs finances and invest in some new talent then that means that we can tell people to do one if they enquire about Sargeant, I don't fancy our chances of being able to adequately replace him.

[Big Vince 430]

3 hours ago, GJL Mid-Norfolk Canary said:

Lets just hope we're celebrating wins on the pitch soon as much as the club are celebrating how much we can sell players for..

This is just it. The football has become a side show. The club prides itself more on the size of the sales fees.

[Canaries north 156]

Under previous owners (not he Americans) this would have been seen as selling the crown jewels. Now fans are ecstatic.

Before we were praising getting early business done and being settled for the new season. Now it's for holding out for the right money even if it leaves us in flux at the start of a season and giving other clubs a few games head start so be it.

We are openly promoting our policy of getting young players in the team and being willing to sell them on as a recruitment tool but when a young player sees an offer from a bigger club turned down gets the hump and we wonder why. 

I am not knocking the club at all. Only a few clubs in the world are not selling clubs in the end. I am just trying to say, some of the things that are happening at the club have in the past been taken in a very different way. Are we in a honeymoon period. Probably, and if this all works then long may it continue. I hope people have patience as personally I feel this will take 2 or 3 seasons to see any real results. I obviously hope I'm wrong. 

 

[shefcanary 3,081]

9 minutes ago, Canaries north said:

Under previous owners (not he Americans) this would have been seen as selling the crown jewels. Now fans are ecstatic.

Before we were praising getting early business done and being settled for the new season. Now it's for holding out for the right money even if it leaves us in flux at the start of a season and giving other clubs a few games head start so be it.

We are openly promoting our policy of getting young players in the team and being willing to sell them on as a recruitment tool but when a young player sees an offer from a bigger club turned down gets the hump and we wonder why. 

I am not knocking the club at all. Only a few clubs in the world are not selling clubs in the end. I am just trying to say, some of the things that are happening at the club have in the past been taken in a very different way. Are we in a honeymoon period. Probably, and if this all works then long may it continue. I hope people have patience as personally I feel this will take 2 or 3 seasons to see any real results. I obviously hope I'm wrong. 

 

Good points well made. It won't be plain sailing.

[Big Vince 430]

5 minutes ago, Canaries north said:

Under previous owners (not he Americans) this would have been seen as selling the crown jewels. Now fans are ecstatic.

Before we were praising getting early business done and being settled for the new season. Now it's for holding out for the right money even if it leaves us in flux at the start of a season and giving other clubs a few games head start so be it.

We are openly promoting our policy of getting young players in the team and being willing to sell them on as a recruitment tool but when a young player sees an offer from a bigger club turned down gets the hump and we wonder why. 

I am not knocking the club at all. Only a few clubs in the world are not selling clubs in the end. I am just trying to say, some of the things that are happening at the club have in the past been taken in a very different way. Are we in a honeymoon period. Probably, and if this all works then long may it continue. I hope people have patience as personally I feel this will take 2 or 3 seasons to see any real results. I obviously hope I'm wrong. 

 

Exactly that. The Rowe saga amply demonstrated how the club has made itself into its own worst enemy.

If you are going to be such a rabid selling club, it should come as no surprise players don't want to play for you.

Fans gleefully buying into the player trading model shows just how successful the Carrow Road brainwashing machine is.

[PurpleCanary 6,464]

2 hours ago, hogesar said:

We rarely agree but yes, there's been a bit too much back-patting for the fees we've got rather than how effective the replacements are or will be.

Equally a bit concerned we go and get 9m for Idah and spend nearly all that on a Croatian young player from the Polish Leagues with very little on his performance stats to back it up. If we get good fees but overspend when buying...

We shouldn't disregard the great work done in getting good value but we should also wait and see how our team is impacted on the pitch.

Well of course I know nothing but from an idiot amateur’s point of view to buy an up coming talent with multiple skills for the money we received for a hit and miss tryer who has ended up in the dead end of Scottish football seems like astute business.

[Robert N. LiM 6,442]

On 22/08/2024 at 19:16, ben_645 said:

Hello.  I’ve been lurking on this website for years and thought I’d finally contribute. Please be kind - I’m not a binner. I moved to Norwich last year after being supporting Norwich since 1992 (My first match was  with my Dad at Main Road of that famous season -  We lost 3-2 and have been a supporter ever since.)

Hello Ben! Think you'll find most people friendly on here. Never Mind the Danger.