So here's the conundrum for a few people.
We have to budget each year and put our budget to the Football League. From there, we can determine how much we can spend on players wages. So to make things simple here goes:
- The club have budget at 19,000 average attendance (lets just suppose) - this equates to around £6m per year in revenue
- You cannot budget for cup runs
- Lets assume we get £1m in commercials and TV money (it is probably less than that but let runs with it)
- The owners inject £5m
- Therefore our total revenue is £12m
- Thats means our wage budget can be £7.2 m per year
- Which equate to £138,000 per week.
- You need a squad of 20 - so your AVERAGE wage is £6,900 per week
- Remember this figure has to include NI costs, pensions etc so you will need to allow around 15-20%
- So you base wage is £5K per week.
- That is average.
How many players that fall within FFP do we have now?
How do we add to that and keep within FFP?
How do we pay players off and still keep within FFP?