Stephen Bettis live on Football Heaven tonight (6-7pm)

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I missed the interview but just been reading the Yorkshire Post's round-up of it. There's a line in there where Bettis says of the AI recruitment strategy: "We've done four, potentially five, and probably if one of them works we're in front from a financial perspective."

Does anyone know what/who he was alluding too re: 'potentially five'?
 

We got around £12m for Souza. and a further £2m for Kieffer Moore.

So even if Anel and Tanganga cancel each other out, there's no way we forked out anywhere near £14m on the other dross.
While the new arrivals aren't yet pulling up any trees and proving they were worth the outlay, I'd be stunned if we made an overall profit .

Also relevant to note the drop in parachute payments from last season to this season is about £12m.
 
I missed the interview but just been reading the Yorkshire Post's round-up of it. There's a line in there where Bettis says of the AI recruitment strategy: "We've done four, potentially five, and probably if one of them works we're in front from a financial perspective."

Does anyone know what/who he was alluding too re: 'potentially five'?
The money spent funding AI-led transfer gambles would have been far better spent on the new training ground, which will ultimately enable us to gain top status for the Academy. My reasoning is simple… the Academy is an absolutely proven source of talent and revenue over a long period, whilst the AI stuff is acknowledged to be a complete gamble. Unfortunately this choice underlines the serious lack of knowledge, understanding and strategy at Board level.
 
The money spent funding AI-led transfer gambles would have been far better spent on the new training ground, which will ultimately enable us to gain top status for the Academy. My reasoning is simple… the Academy is an absolutely proven source of talent and revenue over a long period, whilst the AI stuff is acknowledged to be a complete gamble. Unfortunately this choice underlines the serious lack of knowledge, understanding and strategy at Board level.
The gambling approach fits in with Championship level football. The whole thing is a massive gamble to get the reward of the Premier League millions, which you then pay out (and more probably) to bang average players and their agents as soon as you get there.
 
I missed the interview but just been reading the Yorkshire Post's round-up of it. There's a line in there where Bettis says of the AI recruitment strategy: "We've done four, potentially five, and probably if one of them works we're in front from a financial perspective."

Does anyone know what/who he was alluding too re: 'potentially five'?
Probably Zatterstrom.

Ukaki, Cáceres, Christian the Nigerian lad, Polendakov are the other 4.

My guess would be that 0/5 work out but I hope to be wrong.
 
More likely is that the fee was split into four equal parts for a total of £7,575,000; or about £7,500,000 too much

EDIT: I missed the bit about the sell-on fee in the link. Leicester paid about £6.5m up front for Cannon so adding in a 25% profit on sale (pretty standard) to the figures above would take the total up-front fee to £8m.

£8,000,000 - (£1,500,000 * 0.25) = £7,625,000.



We did sack the person responsible, only we've since reinstated him because we're run by amateurs.
Even £750k would seem too much currently. Genuinely wouldn't pay £100k. To think Steve Kabba once cost that.
 
The money spent funding AI-led transfer gambles would have been far better spent on the new training ground, which will ultimately enable us to gain top status for the Academy. My reasoning is simple… the Academy is an absolutely proven source of talent and revenue over a long period, whilst the AI stuff is acknowledged to be a complete gamble. Unfortunately this choice underlines the serious lack of knowledge, understanding and strategy at Board level.
Agree with this. Our academy has been a reliable source of talent and therefore income since Jags etc came through really. Even if they don't go on to be top, top players like Jags/Walker decent British players always go for good money.
 
While the new arrivals aren't yet pulling up any trees and proving they were worth the outlay, I'd be stunned if we made an overall profit .

Also relevant to note the drop in parachute payments from last season to this season is about £12m.
Panini I think the drop in parachute payments this season is even more as Bettis confirmed that last season we borrowed against future parachute payments to fund some of last seasons
purchases.

He couched that as 'a positive' in that parachute payments dont fall off a cliff next season as they are lower than they should be this season due to the borrowing!!!
 

I noticed that he didn't disagree with the £10m figure generally quoted for Cannon, I was hoping he'd have stepped in and called it fake news or summit 🙃
 

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