But if you take that money out and the parachute money you'll be in loss territory. Then this season, Afobe's money will probably put us to break even point.
As TSB alluded to the other day, we don't need to break even, we can have debt and a loss as long as we can service that debt. So, if we borrowed £30m and paid back £2m a year it really wouldn't be a problem. Unfortunately, Moxey is under the impression that their has to always be + in the profit column with no debt.
We get a solidarity payment next season - suspect turnover will be £23-£25M
http://www.football-league.co.uk/ne...clubs-get-double-financial-boost-2281337.aspx
Given the way the Championship has changed in the last year or two concerning the transfer fees and wages etc borrowing £30M becomes a far more riskier proposition. If that fails it's not easy to borrow another £30M and try again. That is a hell of a lot of debt for a championship club to be lumbered in. The right team at Wolves could make £5M go a lot further than the current team spending £20M or £30M.
Recent history tells us different, Other than through the play offs, which is a lottery, the teams that spend are the teams that get promoted.
You certainly don't need to be spending £7m on a player. I bet Bournemouth's entire first XI last season didn't cost that.
That's ridiculous Papper. Wolves don't need anything like that. We do need a good forward thinking manager and one or two additions. You don't need to spend huge money to do it but you do need to spend some. And each position will come with a different price tag too. Saying an arbitrary £7m is silly.
Would you have faith in our club buying like Bournemouth did and assembling a winning side like they did?
Rowe, Saville, Coady, Wallace etc etc
The one player they paid the going price for (which has risen dramatically for any quality player) is the only player that is good enough to play at a higher level.
No, but that's a different question. I have no faith in Kenny Jackett, haven't for nearly three months.
Middlesbrough's attempts to get striking options and squad improvement in depth include 14 million in bids for McCormack and Phillips today. Another owner willing to find money for a promotion push.
Aren't you on the wrong thread, shouldn't this be on the Football News thread? Or are you trying to bore everybody to death again with your 'No Ambishun', 'Morgan wo spend', 'Spending gazillions is the only way to win anyfing'?
Middlesbrough top of the league and strengthening their promotion push <> Wolves hanging around mid table not going anywhere.
Middlesbrough top of the league and strengthening their promotion push <> Wolves hanging around mid table not going anywhere.