Restricted Budget

[FriethBlade]

Birmingham with their abundance of riches.

Mostly frees and loans so far…

Massive wages for some of those players. We didnt sign Doyle as he apparently wanted 60k a week so ehay ate they paying him? Gray wil be expensive too. However more than covered by their new Netflix series i guess.

 

[Millhousesblade1889]

The simple fact is most players you want in your team aren’t available yet. We need to wait for teams higher up the pecking order to get their squads sorted before they decide who is surplus to requirements.

All the players that are moving now are going for way over the odds.

Completely agree, it’s a shame that our last 3/4 championship seasons have started like this in terms of transfer business, but it seems the new normal these days

 

[Aston max]

What about the £20m loss on Brewster which more than cancels out your profit on Souza.
And then there's the £3m on Gbric ...

We won't have made a loss on brewster

His worth will be zero on the books as with all assets clubs devalue footballers each year

 

[loyalblade95]

Seriki yeah but for how long? He seems to get injured every couple of weeks

I suspect a lot of his fitness issues last season might have been a result of that initial injury against Wrexham last August.

If that is the case, hopefully he's over that by now.

He did dislocate his shoulder in the last game against Blackburn and still recovered in time for the playoffs.

 

[loyalblade95]

Massive wages for some of those players. We didnt sign Doyle as he apparently wanted 60k a week so ehay ate they paying him? Gray wil be expensive too. However more than covered by their new Netflix series i guess.

Apparently got a £10m buy option on Doyle if they get promoted.

I think he's a good player but is he worth £10m?

 

[FriethBlade]

Apparently got a £10m buy option on Doyle if they get promoted.

I think he's a good player but is he worth £10m?

Doesn't really matter loyal, they only pay it if they go up and then 10m will seem like small change

 

[Blade56]

I think you have to start Peck. No way he's happy and staying if he doesn't start. We definitely need a starting CM though. And given the fitness record of Davies and Shackleton another as well until Christmas. We have Arblaster to come back.

I actually think we'll bring one in and see how it goes and go back into the transfer market late August if those 2 can't stay fit.

Guss in MF as well

 

[robbiez666]

Guss in MF as well

Attacking midfielder though. Like O'Hare.

 

[Flatulent_Bob]

Apparently got a £10m buy option on Doyle if they get promoted.

I think he's a good player but is he worth £10m?

No he’s not, and if they go up they’re spending £10M of their budget on a player who they’ll probably need to replace.

 

[Keen Blade]

His worth will be zero on the books as with all assets clubs devalue footballers each year

Accountants can prove anything until cashflow gets you a 2 point deduction for missed payments

 

[LurkerBlade]

I may be remembering incorrectly but didn't Wilder spin this line a couple of times and we found money for Anel?

 

[Aston max]

Accountants can prove anything until cashflow gets you a 2 point deduction for missed payments

All clubs will have their accounts independently scrutinised by someone like KPMG so that any dodgy accounting will be exposed.
No doubt someone will have the knowledge but I believe all assets must be devalued by a certain percentage each year .
Gone are the days of directors walking out with big bags of "cash" from the turnstiles

 

[KMC-1889]

All clubs will have their accounts independently scrutinised by someone like KPMG so that any dodgy accounting will be exposed.
No doubt someone will have the knowledge but I believe all assets must be devalued by a certain percentage each year .
Gone are the days of directors walking out with big bags of "cash" from the turnstiles

football players are depreciated over the length of their contract, because the value to the business at the end of the contract is £0. This was one of the reasons premier league clubs were pushing contracts over 6 years long. It means the loss carried each financial year is reduced.

Same if a player signs a new contract mid term, you can argue the value has increased which on a balance sheet makes the company more “profitable”.

 

[Keen Blade]

Anyone who thinks we didn't "spend" the transfer fee and wages for Brewster , something in the region of £30m ,
over the period 2020-2025 ,
is living in cloud-cuckoo land.

We have "spent" , "lost" , "not got in our bank any longer" , that £30m.

We now have absolutely nothing to show for that £30m.

To talk some accountancy bollox to say we haven't lost at least the £23m fee on Brewster , is to deceive oneself.

 

[Carlton Blade]

Anyone who thinks we didn't "spend" the transfer fee and wages for Brewster , something in the region of £30m ,
over the period 2020-2025 ,
is living in cloud-cuckoo land.

We have "spent" , "lost" , "not got in our bank any longer" , that £30m.

We now have absolutely nothing to show for that £30m.

To talk some accountancy bollox to say we haven't lost at least the £23m fee on Brewster , is to deceive oneself.

All you're doing there is describing every transfer in history

 

[Gin&Juice]

Enoughs enough. Need a statement today or tomorrow to explain what the fuck is going off.

Got a decision to make now Helmy!

 

[Keen Blade]

All you're doing there is describing every transfer in history

Rubbish.
We got Ndiaye for buttons.
We sold him for over £15m.
That's exactly the stated purpose of most owners of football clubs.
Brewster is the total opposite.

 

[Carlton Blade]

Rubbish.
We got Ndiaye for buttons.
We sold him for over £15m.
That's exactly the stated purpose of most owners of football clubs.
Brewster is the total opposite.

You buy a player, if you don't sell him, he leaves on a free or signs a new deal

 

[Keen Blade]

You buy a player, if you don't sell him, he leaves on a free or signs a new deal

How can that be every transfer in history when in many cases you can make a profit on a player or at the very least he is good enough for the club to negotiate a new contract ?

Brewster is neither and therefore represents a huge sunk cost which has lead to a huge fat nothing - out of almost £30m expenditure.

If all transfers in history were like that , we and all other Championship clubs would have been bust years ago.

 

[Carlton Blade]

How can that be every transfer in history when in many cases you can make a profit on a player or at the very least he is good enough for the club to negotiate a new contract ?

Brewster is neither and therefore represents a huge sunk cost which has lead to a huge fat nothing - out of almost £30m expenditure.

If all transfers in history were like that , we and all other Championship clubs would have been bust years ago.

He's not a sunk cost. He was a registered player for the length of his contract

 

[Keen Blade]

He's not a sunk cost. He was a registered player for the length of his contract

Oh , I give up , you win

 

[Frank the tank]

Anyone who thinks we didn't "spend" the transfer fee and wages for Brewster , something in the region of £30m ,
over the period 2020-2025 ,
is living in cloud-cuckoo land.

We have "spent" , "lost" , "not got in our bank any longer" , that £30m.

We now have absolutely nothing to show for that £30m.

To talk some accountancy bollox to say we haven't lost at least the £23m fee on Brewster , is to deceive oneself.

Fee was only 17 and we havent lost it
Its depreciated ,should we not bother signing anyone else then.in case they aren't Ronaldinho?

 

[blades_95]

Think the worry about loans is based on a different time when you’d generally loan players that teams higher up didn’t want & weren’t going to shift, or a completely untested youth player.

The loan market has evolved a lot now that Prem teams unfortunately hoover up all the good young talent from the lower divisions. We generally can’t afford the Henderson, MGW, McAtee, Doyle, JRS’s of the world - so we loan them. Hopefully their quality improves the team & help get you promoted & then you have a sniff of buying them permanently.

Our use of the loan market last season was quite underwhelming aside from Souttar. He was the only player who nailed down a spot & showed his quality. JRS did in patches, Choudhury was steady as was Gilchrist to begin with. But (for various reasons) BBD, Clarke and Holding were all pretty poor & likely expensive loans.

Only Choudhury of the 6 loanees at the time started the PO final and only BBD came on, which shows the lack of impact & how poorly we used the loans last year. For most teams these days the difference between promotion or not is how well they use the loan market.

 

[Keen Blade]

Fee was only 17 and we havent lost it
Its depreciated ,should we not bother signing anyone else then.in case they aren't Ronaldinho?

This all started in the context of a discussion about profit on the Souza sale , from a suggestion that the club was in a "profit" position on transfers.
That expanded to comments on various profits & losses made on other players over recent years.

But going back to Souza (and these are only figures bandied about - not mine) we bought him for £8m and sold him for £13m , a nice £5m to the good.

All I was saying is that you have to balance that against less successful trading , in and out.

In very simple terms , without accountancy stuff which can be so misleading - just in normal "household budget" terms ,
How would you describe £17m out and nothing back ?
That's ignoring the reputed £7.5m in wages over 5 years for what he gave us on the pitch - put that aside.

If we got £22m I'd say £5m profit.

If we got £17m back I'd say break-even.

But to get nowt , I'd say a £17m loss.

I can't think of any other way to describe it , especially in the context of a chat about the profit on Souza.

 

[Shadota]

I may be remembering incorrectly but didn't Wilder spin this line a couple of times and we found money for Anel?

Unless we planned the Anel deal well, well in advance, he was a Hecky signing.

 

[Sean Thornton]

This all started in the context of a discussion about profit on the Souza sale , from a suggestion that the club was in a "profit" position on transfers.
That expanded to comments on various profits & losses made on other players over recent years.

But going back to Souza (and these are only figures bandied about - not mine) we bought him for £8m and sold him for £13m , a nice £5m to the good.

All I was saying is that you have to balance that against less successful trading , in and out.

In very simple terms , without accountancy stuff which can be so misleading - just in normal "household budget" terms ,
How would you describe £17m out and nothing back ?
That's ignoring the reputed £7.5m in wages over 5 years for what he gave us on the pitch - put that aside.

If we got £22m I'd say £5m profit.

If we got £17m back I'd say break-even.

But to get nowt , I'd say a £17m loss.

I can't think of any other way to describe it , especially in the context of a chat about the profit on Souza.

Don’t come on here with that Household budget bollox!

 

[ITALIANO BLADE]

ruben selles doesnt need money hes a quality powerfull boss that plays intense football he can make the lads a force to recon with ..chow

 

[dc_blade]

Incredible article. Hendrie's "thoughts" amount to one quoted word: "blow."

Lee Hendrie Shares His Thoughts on Sheffield United's Restricted Budget

Sheffield United, one of the Championship’s promotion hopefuls, face a challenging summer transfer window due to a restricted budget, a situation that has drawn concern from former player and Sky Sports pundit Lee Hendrie. Despite the club’s ambitions to return to the Premier League following a...

www.purefootball.co

 

[s20Blade]

Think the worry about loans is based on a different time when you’d generally loan players that teams higher up didn’t want & weren’t going to shift, or a completely untested youth player.

The loan market has evolved a lot now that Prem teams unfortunately hoover up all the good young talent from the lower divisions. We generally can’t afford the Henderson, MGW, McAtee, Doyle, JRS’s of the world - so we loan them. Hopefully their quality improves the team & help get you promoted & then you have a sniff of buying them permanently.

Our use of the loan market last season was quite underwhelming aside from Souttar. He was the only player who nailed down a spot & showed his quality. JRS did in patches, Choudhury was steady as was Gilchrist to begin with. But (for various reasons) BBD, Clarke and Holding were all pretty poor & likely expensive loans.

Only Choudhury of the 6 loanees at the time started the PO final and only BBD came on, which shows the lack of impact & how poorly we used the loans last year. For most teams these days the difference between promotion or not is how well they use the loan market.

Just grateful we only loaned them instead of owning them especially Choudhury and Souttar. Both decent when available which Souttar won't be for a while apparently but paying them in the off-season compared to loaning then going back must be a fair hit on the Leicester budget compared to ours.

 

[Drachblade]

Not sure if this has been said or if even I said it myself I honestly think there's money there in the transfer kitty just with the lack of noise from the club and quietness the "journalists" are just trying to stir the pot cos they've got nothing coming in since our board are so quiet with leaks etc