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| The Board - general discussion (including Res 12); notes from the AGM | |
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| Topic Started: 15 Jul 2014, 12:03 AM (1,414,906 Views) | |
| Zurawski 7 | 30 Aug 2014, 11:16 PM Post #2341 |
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Off treasure hunting in Holland
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no. we'd have had to reduce the playing staff and wage bill massively which has been obvious to anyone looking at the accounts our last accounts showed a 40.1m wage bill then we spent a further 10m on transfers last seasons. thats a huge investment in the playing staff wether people like it or not. the problem is not the amount or lack of money being invested in the team. its the way its being used |
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| Zurawski 7 | 30 Aug 2014, 11:17 PM Post #2342 |
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Off treasure hunting in Holland
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| murphio | 30 Aug 2014, 11:19 PM Post #2343 |
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Could start a row in an empty room
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Can you explain that, I'm lost. |
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| Zurawski 7 | 30 Aug 2014, 11:20 PM Post #2344 |
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Off treasure hunting in Holland
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the poster asked if we would be "well effed" but for players and money from the cl in the last few seasons. its pretty obvious we would be |
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| murphio | 30 Aug 2014, 11:27 PM Post #2345 |
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Could start a row in an empty room
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No, we wouldn't. Go back and check the accounts. The reason wages rose heavily last season was because we have adopted a structure which is heavily weighted in bonuses and incentives. When we fail to make the Champions League the wagebill falls accordingly. Can you point me to even one season in the recent past where the failure to make the Champions League resulted in us being 'well effed'? In the post Mowbray season, for example, the club's revenue dropped 10m from the season before and yet we still posted a small profit. The club is not - and never has been - geared to depend on Champions League revenue. |
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| Zurawski 7 | 30 Aug 2014, 11:33 PM Post #2346 |
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Off treasure hunting in Holland
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thats because the revenue hadnt dropped hugely like in recent years since the huns died not to mention 10k+ season ticket holders going missing and the ones that are still going paying £100 less. seriously. anyone who doesnt think we would be screwed without the 60-70m brought in through player sales and cl participation is mental player sales and champions league has certainly made up for no huns in the league but it is not guaranteed income and is costly to gamble on. as i fear we will find out in the next few years Edited by Zurawski 7, 30 Aug 2014, 11:33 PM.
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| lenobhoy | 30 Aug 2014, 11:34 PM Post #2347 |
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Catch some light and it'll be alright
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Surely, the CL money alone would cover the drop in revenue we get from hun matches? Why not use the money from sale of players to reinvest in the team?
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| Zurawski 7 | 30 Aug 2014, 11:35 PM Post #2348 |
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Off treasure hunting in Holland
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the money is reinvested in the team through transfers and going towards our wage bill which is not sustainable with our current revenue we have a wage bill about 15-20 times the size of maribor who have a team that didnt have a penny spent on transfer fees. how much more investment is needed to guarantee champions league qualification against such teams? how much more do people want to spend? Edited by Zurawski 7, 30 Aug 2014, 11:37 PM.
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| murphio | 30 Aug 2014, 11:42 PM Post #2349 |
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Could start a row in an empty room
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I'm honestly lost at the point you are trying to make. The figures in the accounts have shown that even in years where there is no Champions League revenue the club is geared to withstand the impact. We are not dependent on it. When it comes to selling players it is true to say that without the sale of McGeady there would have been no Hooper, no Forster and no Commons. Without the sale of Wanyama there would have been no van Dijk, no Boerigter and no money spent tarting up the stadium. It is essential we sell players to buy players. That is quite different to Lawwell claiming, however, that we have to sell players to fill a 10m annual void left by Rangers. As I showed overleaf - the last two years with Rangers in the league generated the club 104m in total income. In the two years of their absence it is closer to 135m. We have completely eradicated debt and have cash - albeit not a lot - in the bank. To suggest the club can't spend a few quid in strengthening the team because the huns are gone is laughable. |
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| lenobhoy | 30 Aug 2014, 11:42 PM Post #2350 |
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Catch some light and it'll be alright
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I'll leave this to Murph, I'm aff to my kip.
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| TheGloryYears | 30 Aug 2014, 11:49 PM Post #2351 |
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Retired and now a BT Sports pundit
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Good chat though guys and it's interesting ( to me anyway !) that a few intelligent , articulate guys on here can look at the figures and come to such different conclusions. Me ? lost as usual. |
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| brianlara67 | 30 Aug 2014, 11:52 PM Post #2352 |
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Getting on a bit
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If SPLOB is right about the demise of the huns costing us £10M a year shouldn't his pay packet be reduced accordingly due to the downsiizing? |
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| tocce 1973 | 31 Aug 2014, 12:09 AM Post #2353 |
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First-team captain
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Small price to pay for no deaths and piece of mind after a game of football. |
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| john67 | 31 Aug 2014, 12:29 AM Post #2354 |
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Everyone's Fantasy Football first pick
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Look at the last 5 years turnover Peter with huns there we made less money,hope you enjoy taking your fee from this rag |
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| Ron Swanson | 31 Aug 2014, 12:29 AM Post #2355 |
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First name on the team-sheet
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I can't believe I hate Lawwell more today than I did on Friday but I do. I must be utterly thick or deluded. Might just throw my qualifications in the bin. |
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| murphio | 31 Aug 2014, 12:41 AM Post #2356 |
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Could start a row in an empty room
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Get this.... Lawwell is very concerned by Rangers current situation. He says their inability to raise (sorry fleece) their supporters for more cash from the new issue of shares highlights the poor state of Scottish football. Not only is he a bullshampoor... he is an idiot. |
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| Dewey | 31 Aug 2014, 12:41 AM Post #2357 |
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Formerly Flatlandbhoy
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Murphio is looking at the numbers. Who's the other guy? |
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| paulfg42 | 31 Aug 2014, 12:47 AM Post #2358 |
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Fiat justitia ruat caelum
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Reinvested in the club, according to your pal Lawwell. And I doubt very much that was a slip of the tongue. |
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| Timdom come | 31 Aug 2014, 12:57 AM Post #2359 |
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Older than dirt
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God knows how much he's been helping behind the scenes to make their journey as easy as possible. The failure to push the title investigation etc. If he could he'd probably loan them the missing millions. |
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| jamiebhoy76 | 31 Aug 2014, 03:34 AM Post #2360 |
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Club Captain
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Like everyone else I've vented and continue to vent on how this board have gone about their business over the last few years. However, when Pistol Pete talks about the dent the demise of the huns have made on the revenue for TV rights for the Scottish league and gate receipts, blind fury makes me blank out what the facts might be. |
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Why not use the money from sale of players to reinvest in the team?




8:50 AM Jul 11