Cant afford em, transfer fee and wagers are too high

[Dublinblade]

I'm not advocated we sigh any Bournmouth players but I've read lots on here saying cant afford em, fee will be too high, wages etc.

Just want to put the shit financial position Bournmouth find themselves in out there. As a club they are there to be stripped bare by vultures and those in a position of power. They are in a terribly weak negotiating position and the fact is they have no choice but sell plenty of their best players or face FFP issues in the EFL.

If CWAK decides any of their players are worth bringing in Bournemouth wont be in a position to demand a premium FACT.


The Cherries had the joint highest wages-to-turnover ratio - 85% - in the Premier League based on 2018-19 accounts.

It reported that the club spent just under £111million on wages out of a £131m total revenue, and lost £32.4m in the period.

Over £115m of the club's total income came direct from the Premier League

 

[Bristol Blade]

The irony of suggesting we go and pay the same sort of wages that led to a club being in financial difficulty

 

[Dublinblade]

The irony of suggesting we go and pay the same sort of wages that led to a club being in financial difficulty

you need to learn to read pal.

 

[Bristol Blade]

you need to learn to read pal.

Ok then, explain why any of their players would take a pay cut to come to us? Possibly Bournemouth might not be able to hold old out for huge fees for players, but it doesn’t explain how we would match those salaries.

 

[Ranmoorblade]

Ok then, explain why any of their players would take a pay cut to come to us? Possibly Bournemouth might not be able to hold old out for huge fees for players, but it doesn’t explain how we would match those salaries.

I don’t really want him but Ramsdale is apparently only on £3k a week.

 

[SouthEssexBlade]

So a Bournemouth player in this scenario has 3 options:

1. Sign for SUFC and take at least a 20% wage cut, probably more like 30%
2. Refuse that and wait for another club hoping to match current salary
3. Stay at Bournemouth, see out the contract and keep the same salary.

I know which I wouldn't do, and I'm a Blade.

 

[Dublinblade]

Ok then, explain why any of their players would take a pay cut to come to us? Possibly Bournemouth might not be able to hold old out for huge fees for players, but it doesn’t explain how we would match those salaries.

They will in most likely suffer somewhere between 30 to 50% cuts due to relegation clauses in their contracts, so will already have suffered a cut. Your on 70k a week your probably down to 35-50k grand still outside what we would and should pay but assuming we raise out wage ceiling a little to 25k given the reporting McBurnie was top earner on 20k last year that wouldnt be too far of a stretch to believe.

Your now looking at a gap of 10 - 25k a week still a lot of money but then remember players going to take a singing fee in aswell. Lets say 10% thats the equivelent of over 6k a week over 3 years if the fee was 10 million and so on so forth,, so again the gap gets smaller again.

Thats outside of the commercial benefits to a player for endorsements etc as a premier league player, outside of the want and glamour and potnetial earning power in the future of playing in the Premier League over the Championship.

Its not a zero sum game, if you just consider it as a why would somebody on 50-70k drop to 25k a week then its an obvious you wouldnt, its not that straight forward though.

 

[Grizzly blade]

Very interesting but doesn’t hold water as an argument that we CAN afford certain Bournemouth players.
Their dire situation is of no interest and of little concern to the players.
Bournemouth may well HAVE to sell to balance the books, and yes that may mean they have to take a lower fee, however that does NOT mean the players have to move, take a pay cut (unless a relegation clause contract) And accept a Contract offer for less elsewhere.

So, say Wilson (touted by many as desirable for us) is paid £60k a week. His value is I would say £20m minimum given his record.
Bournemouth may decide to take £10m to encourage a sale, but in doing that Wilson will expect at least the same wages, but more likely an increase to cover the loss in signing on fee from his sale at a reduced transfer fee.

So, do you honestly think we can afford and compete on that scale? Given we paid £20m ish for McB and his salary was in the £20k a week bracket (from court papers)
Obviously I don’t know Wilson’s wage, but I’m prepared Tibet it’s at least double McB!

 

[Dublinblade]

Fair points Grizzly but its also predicated on the idea that players are only about money.

Not every player has the same mindset as Ricky Holmes and of course some of it will come down to if other clubs are also in for certain players. I doubt for example Wilson will be short of Premier League suitors, but if he was and its a decision between a pay cut to the Premier League or playing for Bournemouth in the Championship in a team that has been stripped of many of its top players Im not so sure he or whatever player you put in his place are going to rule it out immediately.

Im not saying we should go for any of their players, Im not saying any of them would join on reduced wages, my point is that is far more nuanced than a we cant afford him response.

 

[Harrisblade]

Ok then, explain why any of their players would take a pay cut to come to us? Possibly Bournemouth might not be able to hold old out for huge fees for players, but it doesn’t explain how we would match those salaries.

Doesn't that rather depend on whether anyone else would match those salaries?

 

[Blade56]

Ok then, explain why any of their players would take a pay cut to come to us?

Beeeeecause no one will pay those wages for players who have just proved they weren’t good enough to be in the PL? Maybe? Or maybe cause for the first time in football history the club might sue it’s own players for being so crap.

 

[BarryBigtime]

There are so many variables and permutations at play though. McBurnie is on a straight £20,000 a week salary (court docs) but there could be appearance fees, goal bonuses etc lumped on top of that. Maybe some weeks he gets closer to £30-35k. I saw one site claim Jags is on £50k! Can't believe that but I also don't think McBurnie is the highest paid, top 4 probs with Jags, Sander and Henderson (covering his wage).

So take King who after a quick Google is said to be on £45k a week. That could be down at £20-£30k after relegation. Perfectly feasible we offer him £30-40k and some bonuses on top. Maybe it to goes up to £45k if we stay up next year and again the year after. Maybe we give him a lump sum at the end of the year if we stay up too to bridge the gap. Point is, many ways to structure a deal that suits a player yet may only slightly nudge our wage structure up a little.

King is also the type of player who we could justify as being the highest paid so likely wouldn't put many noses out of joint.

 

[Patrick Suffaux]

The OP omits one other important thing and forgive me if someone else has already posted this....

If any of their players are genuinely worth signing (and I’m not saying they aren’t) then other PL clubs will likely be in interested as well. That is what will drive the fees and salary up, not just what they’re on at Bournemouth. In that context their current package and valuation is the lesser of those issues.

 

[Dublinblade]

The OP omits one other important thing and forgive me if someone else has already posted this....

If any of their players are genuinely worth signing (and I’m not saying they aren’t) then other PL clubs will likely be in interested as well. That is what will drive the fees and salary up, not just what they’re on at Bournemouth. In that context their current package and valuation is the lesser of those issues.

I did mention this when i said below when referring to wages

Not every player has the same mindset as Ricky Holmes and of course some of it will come down to if other clubs are also in for certain players.

 

[CW7]

Bournemouth had an incredible pl run. They stayed up many seasons. Yet in their desperation to stay up, they put no money into long-term benefits for the club. We need to keep our cost down, so that we can start doing long term projects. Get a great academy, we obviously have talented youngsters.
Get a bigger stadium. Get better training facilities.
These long term investments can ensure our survival for decades in the top flight, expensive signings are only here untill a better offer comes along.

 

[robbiez666]

I'm not advocated we sigh any Bournmouth players but I've read lots on here saying cant afford em, fee will be too high, wages etc.

Just want to put the shit financial position Bournmouth find themselves in out there. As a club they are there to be stripped bare by vultures and those in a position of power. They are in a terribly weak negotiating position and the fact is they have no choice but sell plenty of their best players or face FFP issues in the EFL.

If CWAK decides any of their players are worth bringing in Bournemouth wont be in a position to demand a premium FACT.


The Cherries had the joint highest wages-to-turnover ratio - 85% - in the Premier League based on 2018-19 accounts.

It reported that the club spent just under £111million on wages out of a £131m total revenue, and lost £32.4m in the period.

Over £115m of the club's total income came direct from the Premier League

"Hey players, do you want to take a 50-80% pay-cut to come and play in a higher league for a club who hasn't as yet established themselves in the top flight?" No? Why?"

 

[Cerberus Blade]

"Hey players, do you want to take a 50-80% pay-cut to come and play in a higher league for a club who hasn't as yet established themselves in the top flight?" No? Why?"

Serious question Robbie: At what point do you consider we became “an established Premier League (or “top flight) club?’

2 years?
3 years?
5 years?
10 years?
20 years?

101 years like Arsenal?

 

[Johnnyblade]

Very interesting but doesn’t hold water as an argument that we CAN afford certain Bournemouth players.
Their dire situation is of no interest and of little concern to the players.
Bournemouth may well HAVE to sell to balance the books, and yes that may mean they have to take a lower fee, however that does NOT mean the players have to move, take a pay cut (unless a relegation clause contract) And accept a Contract offer for less elsewhere.

So, say Wilson (touted by many as desirable for us) is paid £60k a week. His value is I would say £20m minimum given his record.
Bournemouth may decide to take £10m to encourage a sale, but in doing that Wilson will expect at least the same wages, but more likely an increase to cover the loss in signing on fee from his sale at a reduced transfer fee.

So, do you honestly think we can afford and compete on that scale? Given we paid £20m ish for McB and his salary was in the £20k a week bracket (from court papers)
Obviously I don’t know Wilson’s wage, but I’m prepared Tibet it’s at least double McB!

Wilson is currently on £110k a week,he signed a lucrative contract last year to stop him going to Chelsea or West Ham when he was on a good run and a £50m price tag

 

[robbiez666]

Serious question Robbie: At what point do you consider we became “an established Premier League (or “top flight) club?’

2 years?
3 years?
5 years?
10 years?
20 years?

101 years like Arsenal?

Not after one year but it's not simply a question of time spent in the league.

We're hardly certainties to stay up, even if we're not favourites to go down.

 

[OrderOfStGeorge]

The irony of suggesting we go and pay the same sort of wages that led to a club being in financial difficulty

Bit of a difference between us and Bournemouth

 

[OrderOfStGeorge]

Wilson is currently on £110k a week,he signed a lucrative contract last year to stop him going to Chelsea or West Ham when he was on a good run and a £50m price tag

Spurs have been linked with him for 10m

 

[Cerberus Blade]

Not after one year but it's not simply a question of time spent in the league.

We're hardly certainties to stay up, even if we're not favourites to go down.

I agree with you.

I think it’s about having the infrastructure and financial stability to compete on a regular basis at that level. That will depend on how the club is managed over the next 5 years. If we are still here then and financially sound then we might be able to claim that.

 

[Flatulent_Bob]

They will in most likely suffer somewhere between 30 to 50% cuts due to relegation clauses in their contracts, so will already have suffered a cut.

Relegation clause is a huge assumption. The Athletic reported this week that a lot of players from those teams relegated do not have those clauses in place. Norwich are the exception.

 

[Flatulent_Bob]

Bit of a difference between us and Bournemouth

Yes, they have a very wealthy owner, we don’t.

 

[BigBed]

you need to learn to read pal.

after reading the title and noticing the spelling of WAGES (Wagers!!!!????), I must admit, this statement made me chuckle!!!

 

[OrderOfStGeorge]

Yes, they have a very wealthy owner, we don’t.

Well the prince has done more in one season than McCabe ever did in his entire tenure so that speaks volumes.

That is not what I ment anyway we have far bigger potential to expand than Bournemouth and attract investment and achieve real growth than Bournemouth do.

 

[nopigfansintown]

Well the prince has done more in one season than McCabe ever did in his entire tenure so that speaks volumes.

That is not what I ment anyway we have far bigger potential to expand than Bournemouth and attract investment and achieve real growth than Bournemouth do.

Not in terms of putting his own wealth in.

 

[blade67]

Very interesting but doesn’t hold water as an argument that we CAN afford certain Bournemouth players.
Their dire situation is of no interest and of little concern to the players.
Bournemouth may well HAVE to sell to balance the books, and yes that may mean they have to take a lower fee, however that does NOT mean the players have to move, take a pay cut (unless a relegation clause contract) And accept a Contract offer for less elsewhere.

So, say Wilson (touted by many as desirable for us) is paid £60k a week. His value is I would say £20m minimum given his record.
Bournemouth may decide to take £10m to encourage a sale, but in doing that Wilson will expect at least the same wages, but more likely an increase to cover the loss in signing on fee from his sale at a reduced transfer fee.

So, do you honestly think we can afford and compete on that scale? Given we paid £20m ish for McB and his salary was in the £20k a week bracket (from court papers)
Obviously I don’t know Wilson’s wage, but I’m prepared Tibet it’s at least double McB!

I have a question regarding our (supposed) current wage structure that makes no sense to me. If Mcburnie is our top wage earner on £20K a week and we have effectively 30 players on our books. Lets assume the average is £15k a week then our wage bill for this season was circa £24m. This is significantly less than 1/2 any other EPL wage bill published for the last 3 years.

Lets say we signed players worth £60m over the last 3 seasons, so assuming we ammortise those fees over 3 years (which is normal practice) then that is an annual charge of £20m

We've purchased the ground and have borrowed to do that, so lets say £15m a year over 5 years

It costs £10m a year to run the club

So all in all our costs are about £70m a year

Our income this year will be circa £130m with TV money, performance bonus and season ticket revenue.

What are the club planning to do with the other £60m ? My suspicion is that a lot more of our income goes on players wages than we imagine and our wage structure is much closer to the likes of Burnley and Bournmouth than is stated on many of these threads.

 

[bertieblade]

I assume that the figure of £20k quoted for mcburnie is his basic pay.
Players will receive various performance related bonuses the biggest of which is the one for surviving in the premiership.

We must take account of monies which will not have been received from TV companies due to coronavirus and this could be as high as £30 million.

Whilst cost of transfers and stadium acquisition can be amortised over future years that only becomes viable if we stay in the premiership for longer than three years subsequently sensible accounting practise will not allow us to extend our debt beyond the three year parachute payments.
We must also assume that every player purchased will at the very least retain his value.

 

[sufcboy95]

Bournemouth need to get rid of a vast amount of players, due to none of them having relegation clauses in their contracts.
A lot will go at a cut price.