Updates from Adkins (19/10)

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I'm not glad we've stuck by them. They have been complete wastes of money in wages. Obviously thats with the gift of hindsight, but it doesnt make me happy we've spent thousands of pounds on two blokes who have done nothing since they have been here.
I don't think anybody is happy with the fact we've used good wage budget on effectively two players that have done nothing for us, but I don't agree with the heartless anger directed at them
 
they are aware trading losses are more likely in L 1 andL L2 , and offer some slight leeway
But its not a massive allowance


"Any club that has been relegated to League 1 having exceeded the £6m limit will not be subject to a transfer embargo but will be required to comply with the Salary Cost Management Protocol (SCMP) regulations in place in that division. These rules require League 1 clubs to limit their spending on players’ wages to 60% of turnover plus 100% of Football Fortune income (e.g. financial donations, transfer income, revenue from cup matches), with a club relegated from the Championship being able to operate at 75% of turnover for a transitional period of one season.
Read more at http://www.football-league.co.uk/ne...ffp-guidance-2632728.aspx#5X3LGTmj8z6HxGl5.99"



http://www.football-league.co.uk/news/article/2015/football-league-ffp-guidance-2632728.aspx
 
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?
 
I have. Trading losses are allowed in L1. We are in L1. Ergo its the 60% of turnover rule that may well be affecting us.


Correct.

We can put as much as we want in but only spend 60% on players.

We then spend the remaining 40% but that must go on infrastructure and as we've done the pitch and the ground holds 30K+ and the academy is Ok that just leaves those fish that Leeds had left.

No wonder we can't spend.
 
"Any club that has been relegated to League 1 having exceeded the £6m limit will not be subject to a transfer embargo but will be required to comply with the Salary Cost Management Protocol (SCMP) regulations in place in that division. These rules require League 1 clubs to limit their spending on players’ wages to 60% of turnover plus 100% of Football Fortune income (e.g. financial donations, transfer income, revenue from cup matches), with a club relegated from the Championship being able to operate at 75% of turnover for a transitional period of one season.
Read more at http://www.football-league.co.uk/ne...ffp-guidance-2632728.aspx#5X3LGTmj8z6HxGl5.99"



http://www.football-league.co.uk/news/article/2015/football-league-ffp-guidance-2632728.aspx
so only 3 clubs get to sidestep it
60% of of turnover for wages doesnt leave much , the club still has to pay insurances stewards police PAYE ground staff academy staff rates electricity laundry travel hotel bills undersoil heating etc etc
 
Why have we developed such a set of flakey ,heartless ,cowardly ,ignorant supporters all of a sudden ? Other clubs are laughing at our fans now ,listen to Radio pig revelling in this small number of twats who drag everyone else in to the same group. They don't all come from Bladesmad surely ?

Its been a discernible change. It used to be Cooperman and Eskimo, but now Brian the Blade is our number one terrace icon. ;)
 
so only 3 clubs get to sidestep it
60% of of turnover for wages doesnt leave much , the club still has to pay insurances stewards police PAYE ground staff academy staff rates electricity undersoil heating etc etc


Which is why we are believed to be losing around £5 million a year.
 
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?

Sorry Mobile, I'll need Barney to verify those figures for me. ;)
 
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?
The most important point is skated over. Deliberately or not, who knows.

'The owners inject £5m' FFP doesn't have a specified limit on this figure for investors in league one.

This figure is largely the most significant factor on all your 'figures' below that.
 



The most important point is skated over. Deliberately or not, who knows.

'The owners inject £5m' FFP doesn't have a specified limit on this figure for investors in league one.

This figure is largely the most significant factor on all your 'figures' below that.
As my mum and dad used to say to me - it's dead easy to spend other peoples money.
 
As my mum and dad used to say to me - it's dead easy to spend other peoples money.


And of course if that injection is used for turnover purposes, there is still the matter of a further injection to cover any losses. Lets hope those who understand accounts can confirm, for our piece of mind.
 
Now instead of throwing tantrums when pulled up on them,
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
 
Why have we developed such a set of flakey ,heartless ,cowardly ,ignorant supporters all of a sudden ? Other clubs are laughing at our fans now ,listen to Radio pig revelling in this small number of twats who drag everyone else in to the same group. They don't all come from Bladesmad surely ?
What's Radio Pig? Is it Radio Hallam (Hallam Fm?) or Radio Sheffield?
Sorry, I don't live in Sheffield any more.
 
What's Radio Pig? Is it Radio Hallam (Hallam Fm?) or Radio Sheffield?
Sorry, I don't live in Sheffield any more.

Radio Sheffield. I tuned in 1 day last week only to hear an extended interview with a Jose Mourinho sounding David Brent wannabe. It's the only time I've listened for months and did nothing to dispel the rumours that they have a pork bias.
 
Radio Sheffield. I tuned in 1 day last week only to hear an extended interview with a Jose Mourinho sounding David Brent wannabe. It's the only time I've listened for months and did nothing to dispel the rumours that they have a pork bias.
Thank you.
 
Can we just shake James Wallace's hand, pay him up and send him on his way? He will clearly never be fit enough to play.
 



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