Transfer Kitty

[mattbianco1]

Eyup Chris.

Oreyt. This spaniard has no pashun!

 

[UddersBlade]

We should have £40 million parachute money - more than most Championship clubs & the £21 million in Sales so far. Also got rid of Brewster, Harding, BBD, Rak-Saki, Gilchrist & Wilson (loans last season) off the wage bill. So you’d like to think we spend a decent amount on a few more good Championship players this window!

 

[Edgar Allan Poo]

Might as well transfer Kitty - we seem to be selling everybody else.

 

[ChipButtyBlade]

They are there.

https://footballleagueworld.co.uk/1...n-the-efl-championship-and-league-one-ranked/

 

[SufcBilly]

We should have £40 million parachute money - more than most Championship clubs & the £21 million in Sales so far. Also got rid of Brewster, Harding, BBD, Rak-Saki, Gilchrist & Wilson (loans last season) off the wage bill. So you’d like to think we spend a decent amount on a few more good Championship players this window!

I’d be astounded if we signed any players from another championship club, appreciate loans from the prem may be good championship players however

 

[Danetheblade]

Ruben has said publicly he can ony spend some of moore and anel income. But what about Souzza money are we saying thats gone and of course any parachutte money ?

What do we think our trasnfer pot is, any ideas ?

No idea. But I know we’re not thick enough to say “yeah we’re using all money we’ve received”

 

[Shadota]

Has anybody actually bothered to listen to the interview before shitting the bed at the headline?!

https://www.bbc.co.uk/sounds/play/p0lvq4mp

Interviewer: "Have you been told that you'll be able to reinvest some of the money you've got from Anel, Vini Souza, Kieffer back into the squad or will it be frees and loans?"

Selles: "No, We've been told we can reinvest the best part of that money and that's what we are looking (for) now. Its about how you spend that money on what we need.

In my mind it's not about replacing player-by-player, we need players that are exciting because of the way that they play football and they can give us support straight away. That's not easy.

From the board to the CEO, we have a 'yes' about investing part of that money."

Somehow the headline is the last 5 words, and made out to be some horror story.

How on earth has anyone put hugely negative spin on that quote - do people honestly expect we reinvest every single penny of those transfer fees and not a penny goes towards running the club?!

We've taken some decent fees and we're now looking at signing some quality that instantly improves the team with a chunk of that cash.

Sounds perfectly reasonable to me. Or am I just a clapper?...

I'd suggest you clean your ears out, and consider the fact that Selles, as a Spaniard speaking English, is inclined to pronounce the letter "V", as more of a "B" sound, as is common in his mother tongue. Hence why when he actually says "We have been told we can reinvest part of that money", people are mistaking the "vest" portion of "reinvest" as "best", which is incorrect.

For anyone interested in checking for themselves, it's on the club website. You just need to have an account (free to create), and then you can watch the whole thing back. The quote in question occurs at the 6:00 mark:

Press Conference

Rubén Sellés and Tyrese Campbell speak to the media ahead of the season opener at Bramall Lane.

www.sufc.co.uk

Ultimately though, this is inconsequential to the original post. The thread originally questions the Souza money - the question (asked by Adam Oxley from Radio Sheffield I believe), references the income from the Souza sale. Selles does not specifiy that he cannot spend that money, so we can infer that he has access to at least a portion of that, along with the income from the Anel and Kieffer sales.

 

[PrestwichBlade]

Has anybody actually bothered to listen to the interview before shitting the bed at the headline?!

https://www.bbc.co.uk/sounds/play/p0lvq4mp

Interviewer: "Have you been told that you'll be able to reinvest some of the money you've got from Anel, Vini Souza, Kieffer back into the squad or will it be frees and loans?"

Selles: "No, We've been told we can reinvest the best part of that money and that's what we are looking (for) now. Its about how you spend that money on what we need.

In my mind it's not about replacing player-by-player, we need players that are exciting because of the way that they play football and they can give us support straight away. That's not easy.

From the board to the CEO, we have a 'yes' about investing part of that money."

Somehow the headline is the last 5 words, and made out to be some horror story.

How on earth has anyone put hugely negative spin on that quote - do people honestly expect we reinvest every single penny of those transfer fees and not a penny goes towards running the club?!

We've taken some decent fees and we're now looking at signing some quality that instantly improves the team with a chunk of that cash.

Sounds perfectly reasonable to me. Or am I just a clapper?...

I'm also pleased he mentioned about not replacing players like for like, hence because Moore has left, we're not automatically looking for another big dopper

 

[Oreyt]

I'm also pleased he mentioned about not replacing players like for like, hence because Moore has left, we're not automatically looking for another big dopper

'Dopper' is perfect for him.

 

[Alfiesdad]

I'd suggest you clean your ears out, and consider the fact that Selles, as a Spaniard speaking English, is inclined to pronounce the letter "V", as more of a "B" sound, as is common in his mother tongue. Hence why when he actually says "We have been told we can reinvest part of that money", people are mistaking the "vest" portion of "reinvest" as "best", which is incorrect.

For anyone interested in checking for themselves, it's on the club website. You just need to have an account (free to create), and then you can watch the whole thing back. The quote in question occurs at the 6:00 mark:

Press Conference

Rubén Sellés and Tyrese Campbell speak to the media ahead of the season opener at Bramall Lane.

www.sufc.co.uk

Ultimately though, this is inconsequential to the original post. The thread originally questions the Souza money - the question (asked by Adam Oxley from Radio Sheffield I believe), references the income from the Souza sale. Selles does not specifiy that he cannot spend that money, so we can infer that he has access to at least a portion of that, along with the income from the Anel and Kieffer sales.

I was about to make the same point, but not as eloquently as you managed to do.
Actually found the interview quite refreshing and reassuring as regards his approach to transfers and his intentions going forward. He recognises the deficiencies in the squad and talks openly about potential targets, even the fact that we were in for Olimac.
Patience required because I think we'll struggle tomorrow.

 

[FTPE]

Ruben has said publicly he can ony spend some of moore and anel income. But what about Souzza money are we saying thats gone and of course any parachutte money ?

What do we think our trasnfer pot is, any ideas ?

Why tell other club's we have £30m to spend?

 

[Broomhall Blade]

Is any of the transfer money been used to cover the safe standing area ?

I bloody hope not that would be more of a waste than signing Dean Hammond.

 

[Uganda Blade]

I'd suggest you clean your ears out, and consider the fact that Selles, as a Spaniard speaking English, is inclined to pronounce the letter "V", as more of a "B" sound, as is common in his mother tongue. Hence why when he actually says "We have been told we can reinvest part of that money", people are mistaking the "vest" portion of "reinvest" as "best", which is incorrect.

For anyone interested in checking for themselves, it's on the club website. You just need to have an account (free to create), and then you can watch the whole thing back. The quote in question occurs at the 6:00 mark:

Press Conference

Rubén Sellés and Tyrese Campbell speak to the media ahead of the season opener at Bramall Lane.

www.sufc.co.uk

Ultimately though, this is inconsequential to the original post. The thread originally questions the Souza money - the question (asked by Adam Oxley from Radio Sheffield I believe), references the income from the Souza sale. Selles does not specifiy that he cannot spend that money, so we can infer that he has access to at least a portion of that, along with the income from the Anel and Kieffer sales.

You're spot on about the reinvest/best.

The answer that jumped out to me was in response to "What does success look like for you?": if we hit the levels of excellence we will be competitive and win every game.

 

[Iffy Onuora's Shiny Head]

Lets say we have had circa 20m of transfer fees in for Souza, Moore and Anel.

I firmly believe that at least 50% of this will be available if we find the correct players, and I think this is the correct level for our club at the moment.

With this money we could potentially sign : Kone £3m, South Korean RB £5m, Godfrey on Loan £1m and the Everton Midfielder on loan £1m

It allows us to invest in some new players, continue to support the higher wages of players such as Hamer, but also protect the club if we dont gain promotion this season.

I really dislike this Boom or Bust approach some clubs take, and I love to see it fail. As Wilder once said, we earnt our right to some higher transfer fees by making astute signings as we moved through league 1 and the Championship - though lets not speak about some of the signings after..!

 

[Sheffsteel]

Why tell other club's we have £30m to spend?

Agree….so many of our fans don’t understand business.

The Prince was interviewed on Blades Ramble last year and was asked about funds which would be available over the Summer 24
And he explained it’s in every clubs interest during negotiations to say that that money is tight when buying players…/otherwise deals aren’t made
The selling club can refuse to sell if they know a club buying is budgeting for and can afford to pay more.

I wouldn’t take any notice about what Selles has said regards transfer kitty…he’s never going to reveal that all income brought from sales will be spent.
To be honest we’ve seen parachute payments reduce from £45 million to £35 million this season and next season it’s due to reduce down to the standard £7 million.
So I’m hoping and suspect out owners are competent business men and have contingencies in place just in case we’re not promoted.

It’s a tricky balance because another word for investment and showing ambition is GAMBLE.
Gambles are never gauranteed to work and what if they fail? Then you can end up with a Sheff Wed and Derby situation where ambitious owners fail.

 

[Railway Blade]

I think he said "reinvest part of" the money. Reinvest did sound like "best".

I agree. The interviewer asks him if he will be allowed to reinvest some the Anel, Vinnie Souza and Kieffer Moore money back into the squad. He answers by saying "yes we have been told we can reinvest part of that money".

 

[Sheffsteel]

I agree. The interviewer asks him if he will be allowed to reinvest some the Anel, Vinnie Souza and Kieffer Moore money back into the squad. He answers by saying "yes we have been told we can reinvest part of that money".

That doesn’t tell us anything because I know for a fact we will buy some players this Summer
Because in living memory we’ve always bought new players every Summer.

We have a £10 million shortfall in income so need to raise £10 million just be stay level.
Also we need to build a contingency budget just in case we fail to be promoted at the end of this season.

So it doesn’t take a rocket scientist to know that well only be spending a portion of the money brought in from sales, assuming the owners are competent.

We’ve built up a decent budget now so I’m expecting some serious expenditure over the next 3 weeks. We’ll see.

Think the owners are hoping some of the Academy players and new underwhelming AI signings come good and have a fantastic season. Peck surprised us all last season. We could easily be talking about Brookes, Sereki, Ukaku and One being the stars of the Championship attracting big money interest from PL clubs.

 

[Teddybear]

Do you have a link to that interview TB?

Sheffield United - Sellés: 'We can reinvest part of that money' - BBC Sounds

Manager Rubén Sellés with a recruitment update ahead of Bristol City at Bramall Lane.

www.bbc.co.uk

 

[robbiez666]

Was he asked directly about all transfer fees received or did he just answer the question about Moore and Anel money? I presume we’ll have A percentage of all funds

If it’s true the owners are trying to run a sustainable club and not spend every last penny on a gamble. It’s hard to know what the owners plan is since we hear nothing but generic statements from them but I’d hope that reinvesting the moneys into all areas of the club would be sensible, including infrastructure.

But let’s see

The latest July August loan was against the future parachute payments wasn’t it? Just as the January loan was also against future parachute payments.

As for the spread of payments for the income, the same would be true for any spending. We’d also spread the payments so we wouldn’t need all of the income in the bank in order to spend

The new owners may not have made the entire payment to the prince, there may also be additional money due to him. There was a payment in case of promotion, which obviously didn’t happen but there may also be a time period for this as well

I was under the impression that we'd already loaned out against this season's parachute payments. The Prince had a few loans last season.

 

[Balti Pie]

I'm pretty sure PA made us aware that upon relegation from the Premiership we needed to generate £20m from player sales / wage cuts in the first year to balance the books. I believe we acheived this largely by selling Ramsdale. Our failure to go back up at the first attempt meant that we needed to generate another £20m the following year, but instead of doing so we gambled by keeping our squad largely intact, and that left us short of money - so much so that we incurred a transfer embargo / 2 point deduction upon our return to the Championship.
After being relegated the second time we once again generated the required £20m by releasing top earners, selling Osula, etc.
Since we failed to gain promotion last year, we will probably need to generate a £20m saving once again - hence the sales of Souza, Anel, Moore.
Basically what I'm saying is we can't just use the whole of this income to buy new players - we need to use most of it to generate the £20m saving. So don't expect any big money signings, unless the likes of Hamer and Cooper are sold too.

 

[bertieblade]

I honestly think that we should tell everyone that we have loads of money to spend, then we get value for money !

 

[CrookesBlade]

'Dopper' is perfect for him.

Lummocks also works

 

[Teddybear]

You're spot on about the reinvest/best.

The answer that jumped out to me was in response to "What does success look like for you?": if we hit the levels of excellence we will be competitive and win every game.

my ears are perfect thanks

 

[CrookesBlade]

Has anybody actually bothered to listen to the interview before shitting the bed at the headline?!

https://www.bbc.co.uk/sounds/play/p0lvq4mp

Interviewer: "Have you been told that you'll be able to reinvest some of the money you've got from Anel, Vini Souza, Kieffer back into the squad or will it be frees and loans?"

Selles: "No, We've been told we can reinvest the best part of that money and that's what we are looking (for) now. Its about how you spend that money on what we need.

In my mind it's not about replacing player-by-player, we need players that are exciting because of the way that they play football and they can give us support straight away. That's not easy.

From the board to the CEO, we have a 'yes' about investing part of that money."

Somehow the headline is the last 5 words, and made out to be some horror story.

How on earth has anyone put hugely negative spin on that quote - do people honestly expect we reinvest every single penny of those transfer fees and not a penny goes towards running the club?!

We've taken some decent fees and we're now looking at signing some quality that instantly improves the team with a chunk of that cash.

Sounds perfectly reasonable to me. Or am I just a clapper?...

I think plenty still don’t understand there is no “transfer kitty” sat in a rinsed out Bird’s Custard tin in Bettis’s office drawer like housekeeping money.

“Señor Bettis, can I please have £5 million for a centre half”

“Aaaaah maaaach? ‘Ere’s a monkey and half and I want change”

Likewise Parachute payments are not there as a reward for being in the Premier League so we can flex in the transfer market. They are there to cover player wages following the drop in revenue so clubs don’t just go bust over night.

Despite the impatience from the fans to sign anyone Selles has said in that interview we need quality over quantity and he’s right. Removing the Bulgarian contingent the 3 signings so far have been astute, and improved on what we have. He’s said we have some of the money to reinvest and there is no reason at this stage not to believe him.

We’ll be signing players right up to the wire like we have before (including promotion seasons) and everybody else does now. It’s just how football is these days.

 

[Uganda Blade]

my ears are perfect thanks

I didn't ask or imply otherwise, but you're welcome.

 

[andy m]

If it’s true, then the signs for the future are not looking good. No sign of the owners putting anything in if we can’t even recycle the income from transfers.

Unproven manager, weaker squad, no signs of transfer kitty of any substance = Low expectations

Be interesting to see where we are after 5 games, looking at the fixtures 10 points would be as good as I can see.

If the vicar thinks the signs are not good we will piss the league

 

[puppet]

For clarity, I know we got £2m for Moore and £7m for Anel. I'm not sure of the Sousa figure, or how the payments for Moore and Anel will be paid to us.

 

[Tony_Kaufman]

Some of the money we've received from Souza, Anel and Moore is already spoken for with the fees for Ukaki, Polendankov and the loan fees for Bindon, Barry and Soumaré.

 

[Weasel]

I'm pretty sure PA made us aware that upon relegation from the Premiership we needed to generate £20m from player sales / wage cuts in the first year to balance the books. I believe we acheived this largely by selling Ramsdale. Our failure to go back up at the first attempt meant that we needed to generate another £20m the following year, but instead of doing so we gambled by keeping our squad largely intact, and that left us short of money - so much so that we incurred a transfer embargo / 2 point deduction upon our return to the Championship.
After being relegated the second time we once again generated the required £20m by releasing top earners, selling Osula, etc.
Since we failed to gain promotion last year, we will probably need to generate a £20m saving once again - hence the sales of Souza, Anel, Moore.
Basically what I'm saying is we can't just use the whole of this income to buy new players - we need to use most of it to generate the £20m saving. So don't expect any big money signings, unless the likes of Hamer and Cooper are sold too.

I think that if we make 50% of all incoming transfer fees available to RS then that is a fair compromise. If we have banked about £22m so far in incoming fees (Souza £13m, Anel £7m and Moore £2m) minus a couple of million used to bring in the AI development players x 4 and the sell on fee due to Malmo for Anel, then I would guesstimate that we are around £20m in profit this summer. So about £10m made available if a 50% split on team strengtheningand club running costs. Then minus maybe £3-4m in loan fees already spent for Bindon, Soumare and Barry, means that we probably have a smaller pot of money available than most think. I'm inclined to think we probably have between £6m to £8m in transfer/loan monies available to try and source 4 players. Maybe enough to bring in a couple of loans and maybe a couple of permanent players at around £3m a piece. Its still a decent amount if we are paying decent wages to bring in quality players. I'd love us to go and get Charlie Hughes and if he was only 1 of a couple we needed then it makes sense. But if we need to get 4 or 5....

Of course of the full incoming fees where made available then we certainly have a lot more wriggle room but then that itself comes as a gamble as we probably need to bring in £20m this year to offset the reduction in parachute payments, though wages going down considerably will have definitely helped. I just don't see us spending over £10m in total from now to the end of the window.

 

[Millhousesblade1889]

Ruben has said publicly he can ony spend some of moore and anel income. But what about Souzza money are we saying thats gone and of course any parachutte money ?

What do we think our trasnfer pot is, any ideas ?

I think the slight worry for me is that if we had ‘spare cash’ then now would be the time we’d be spending it. With parachute payments still in & money from incoming transfers a wealthy ownership would have plenty of scope with FFP to really spend big…a bit like what we see Birmingham doing.

If they’re not doing that now I do worry what another couple of seasons in the championship could look like.

I personally feel that they put a lot of their resources into getting up last season and believing Wilders signings would do that.