Summer 2021 transfer window

[WolfMan]

My worry is the absence of any credible rumours, Sa was linked for ages.

 

[prawnking]

That's because it hasn't, just a load of people claiming it has because it suits.

It certainly isn't stopping us doing things, but it's something we need to be mindful about,

It may well be true, but as you say it's mainly being repeated as everyone's down on the club right now.

Saying Nuno wasn't fired would have got you laughed at a week ago, not so much since GFFH's post

 

[Deutsch Wolf]

Percy's article still says he was basically fired and that post-dates it...

I think the executive level of the club is a shitshow, to be honest. I don't think we have a clue.

 

[WolfMan]

Apologies if I'm being ignorant but is GFFH more in the know than your average poster?

 

[Tony Towner]

Apologies if I'm being ignorant but is GFFH more in the know than your average poster?

Yes.
His post and Percy's article aren't completely contradictory though. Nuno was pissed off and mardy so they sacked him just before the Everton game would still fit both pieces of info

 

[Wilf Wolf]

Those days are gone. Favours are an 'outgoing only' thing now.

That’s Mix mentality!

 

[prawnking]

Percy's article still says he was basically fired and that post-dates it...

I think the executive level of the club is a shitshow, to be honest. I don't think we have a clue.

You could well be right mate, I've been reading lots of opinions on here with interest, hope the reality isn't as bleak!

I'm trying to give the benefit of the doubt until the end of the month and see what shape the squad is in then... Could do with an uplifting signing or two and some league points sharpish...

 

[Johnny75]

That's because it hasn't, just a load of people claiming it has because it suits.

It certainly isn't stopping us doing things, but it's something we need to be mindful about,

Swiss Ramble, Timbo and a fair few others have explained why it's bollocks.

 

[Alan]

I'd take GFFH's word over just about any journo tbh.

We're lucky to have someone ITK who also doesn't open their mouth about every single thing they hear behind closed doors.

 

[Johnny75]

I suspect any deals are ready to go. This is a situation where having Mendes on board can really work to our advantage.

I think this is hilarious. You have seen our transfer windows of the last 3 years?

 

[Law's Bus]

Swiss Ramble, Timbo and a fair few others have explained why it's bollocks.

As proved on many occasions, Timbo doesn't understand how football finance works in any way so he's not exactly the best source for that.

Like I said, it's not the entire story as to why we haven't spent much money by any stretch of the imagination, so claiming that it is is also false. However, it's something we need to be aware of and make sure we do not fall foul of.

 

[Alan]

Legitimately, does anyone know how football finance works? Seems like trying to get facts about that stuff is about as useful as calling a 24 hour customer service line.

IE, you ask the same question twice and get two extremely different answers.

 

[Derby Wolf]

Legitimately, does anyone know how football finance works? Seems like trying to get facts about that stuff is about as useful as calling a 24 hour customer service line.

IE, you ask the same question twice and get two extremely different answers.

The Swiss Ramble and Kieran Maguire are probably the most knowledgeable. The latter is a University Lecturer who specialises in football finance. I won't generally talk finances without seeing it confirmed or denied by them.

 

[Deutsch Wolf]

Ask me what you want to know and I'll try to tell you.

I don't understand everything but I know enough.

 

[Del Woppio]

It may well be true, but as you say it's mainly being repeated as everyone's down on the club right now.

Saying Nuno wasn't fired would have got you laughed at a week ago, not so much since GFFH's post

It’s not, it’s being repeated because of the math(s).

2018/19 = Revenue £172m; profit of £19m
2019/20 = Revenue £133m; loss of £39m – however, £43m deferred added into the 2021 accounts
2020/21 = Est revenue of £250m; profit of £40m

It’s estimated our covid losses in 2020 were c£36m; our covid adjusted growth was 11% and one of the highest in the league).
Our matchday revenue is c£13m per year, with commercial and broadcasting

Amortisation expense was £52m in 19/20, and the purchase of Semedo, However and Silva will have increased that by c£18m. Similarly, the wage bill will have increased from £95m to a maximum of £105m for 20/21. Our wage bill was in the bottom six for 2019/20.
The sales of Jota, Costa and Doherty, given their outstanding amortization expenses and the guaranteed aspect of their transfer fees, will lead to a ‘Profit on Player Sales’ of c£70m – regardless of how long the actual payment arrangement is.

Interest and “other expenses” have been hovering around £30m for the last two years; if we accept that there’s been an increase in those due to covid protocols, private testing and infrastructure changes in the training ground etc, and potentially a higher level of interest payable resultant to credit utilisation, we won’t be looking at any more than £35m.

For those three seasons, to comply with the UEFA settlement, we need nothing more than an aggregate break even, and we’re going to absolutely piss is. We’re nowhere near in trouble with it.

Figures from Swiss Ramble and companies house declarations

 

[WolfMan]

Ask me what you want to know and I'll try to tell you.

I don't understand everything but I know enough.

Thanks. I'd quite like to know, according to the calculations - how much could we spend this year before FFP becomes an issue?

 

[Deutsch Wolf]

I'd estimate £40m+ net. Without even properly thinking about it.

It's not that it's never a consideration, they're just lying, which isn't on really.

 

[Wolvensam]

https://twitter.com/x/status/1429823143619797002

 

[Tredman]

FFS Wolves

 

[Jinky]

TWF to explode in 3… 2… 1…