Ricky
Banned
- Joined
- Sep 3, 2015
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- #1
I think agreeing to sell Leonard at this stage is daft. But we've sold him, we're said to have doubled our money and now all the January signings have departed never to be seen again.
We also made a profit on Lee Evans, selling for over £1m.
Neither of these can be considered bad signings for me, but neither were really a success. Yet we've made a profit on both. Turning a combined £1.5m into at least £2.5m.
Both were effectively L1 players when they signed. Both were a good age - 23 and 25. Both had good fitness records. Both were performing consistently well. Both, certainly Leonard, seemed like the right types of characters.
I said at the time that signing both of them was a great combined punt, with one being insurance against the other.
8 months down the line, even though it's not worked out as well as hoped, we've got our money back and then some and have only benefited from taking this punt.
It shows that we should be confident to take this calculated, speculative approach to recruitment and play something of a numbers game.
It's about taking well researched gambles on players within a certain age and cost bracket. Some will work, some won't. Financially, the successful ones should more than pay for the unsuccessful ones. Certainly if 1 in 2 are successful - and I'd back us to have at least a 50% hit rate.
Players within a certain age and fee bracket can increase considerably in value in a very short space of time. Especially with the level of inflation at Championship level and above.
Moore, O'Connell, Baldock, Carruthers and Lundstram are others who could be put in the same category as Evans and Leonard. Look what we paid for them, and look what they're worth now. It backs up this point. You're looking at around £2.2m becoming something like £15m.
I think it's an excellent strategy. It's just important not to try and force it too much.
We also made a profit on Lee Evans, selling for over £1m.
Neither of these can be considered bad signings for me, but neither were really a success. Yet we've made a profit on both. Turning a combined £1.5m into at least £2.5m.
Both were effectively L1 players when they signed. Both were a good age - 23 and 25. Both had good fitness records. Both were performing consistently well. Both, certainly Leonard, seemed like the right types of characters.
I said at the time that signing both of them was a great combined punt, with one being insurance against the other.
8 months down the line, even though it's not worked out as well as hoped, we've got our money back and then some and have only benefited from taking this punt.
It shows that we should be confident to take this calculated, speculative approach to recruitment and play something of a numbers game.
It's about taking well researched gambles on players within a certain age and cost bracket. Some will work, some won't. Financially, the successful ones should more than pay for the unsuccessful ones. Certainly if 1 in 2 are successful - and I'd back us to have at least a 50% hit rate.
Players within a certain age and fee bracket can increase considerably in value in a very short space of time. Especially with the level of inflation at Championship level and above.
Moore, O'Connell, Baldock, Carruthers and Lundstram are others who could be put in the same category as Evans and Leonard. Look what we paid for them, and look what they're worth now. It backs up this point. You're looking at around £2.2m becoming something like £15m.
I think it's an excellent strategy. It's just important not to try and force it too much.