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Teasy

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Everything posted by Teasy

  1. Teasy

    Financial meltdown?

    It was, but I doubt that’s down to overstaffing the box office with highly paid ticket sellers. Or the customer service department, especially since they were laid off earlier this year. All the obvious corners have already been cut. The cream of the family jewels, already sold. Which creamy jewels are you referring to there?
  2. Teasy

    Financial meltdown?

    First one is wiki, others are various forums of Championship clubs talking about it. But I also just found a quote from Adam Pearson, chairman of Derby City: So it would seem it was slightly more then I thought, £11.5 per year for clubs relegated last season. Like I said lets just hope it really has gone up again for clubs relegated this season, or instead lets just hope we don't get relegated so it won't matter!
  3. Teasy

    Financial meltdown?

    You might have misreading my post a bit, I said £11.2 million per season for two years. That's the current deal as far as I can see. But like I said I read its going up to £30 million per season, lets hope so if we do go down because £11.2 million a year won't fucking cut it for us!
  4. Teasy

    Financial meltdown?

    There's no reason to make any connection between operating loss and selling players (well not planned losses that it). We lost £35 million last season and didn't make a penny from transfers that year. The £35 million was covered by another loan from Ashley, its safe to say he'll have planned to cover this and next years losses similarly. By the way where do you get the parachute payment info? From what I read online in various places the payments started in 2006/2007 at £6.5 million over two years. In 2007/2008 they increased to £11.2 million per year for two years. I read today that those payments have gone up again for teams relegated in 2008/2009 this time to £30 million per year for two years (but I can't confirm that last bit anywhere yet).
  5. Teasy

    Financial meltdown?

    For next season I think losses are supposed to be down to £7 million (remember Lambias saying losses were £35 million last season, will be £20 million this season and then £7 million next). Which Ashley will have planned to cover. Either way its going to be important to drop the clubs outgoings by a similar amount to the loss in revenue. I think if we can get rid of the players I mentioned, and of course sell the likes of Martins (who won't stay anyway) we'll have covered that drop. I just hope to god we never have to find out!
  6. Teasy

    Financial meltdown?

    They used to be £12 million a season I think but are now going up to £30 million for the start of next season. I think Sky money is about £40 million, or it was for us last season anyway. Match day income was £34 million last season. There are a lot of indirect costs that you also need to factor in. Corporate deals will be renegoiated, there is less desire from businesses to be associated with a lesser league. Advertisement deals of course are much lower, with the same association issues. Match day income will nose dive, fewer bums on seats and lower prices. Less burgers, pies, chips, beer and programmes sold. Less merchandise sold, addidas and Northern Rock deals have probably got relegation clauses in them, new terms will be less favourable. All in all, the parachute payments will not come close to bridging the gap between income as a PL club and one as a champ club. Fire sales and major wage bill reductions are absolutely necessary to ensure our survival. Well yeah of course it won't, it doesn't even match the money from Sky never mind bridge any gaps from other lost revenue. Still its a much better deal this year and will mean that should be go down we'll be down by say £30 million or so rather then £50 million+. Which is the difference between being able to sell the big earners to make up the difference and having to sell everyone in sight to make up the difference. Fire sales won't be necessary (if by fire sale you mean letting any player go for a small sum to get them off the wage bill). IF we went down we'd still need to focus on selling/releasing the same players we were already (hopefully) going to sell/release, plus any players who refuse to stay on. I'm talking about the likes of Geremi, Viduka, Duff, Smith, Butt, Cacapa, Owen, Barton, Gonzales. That's nearly £30 million of wages right there. Obviously we'd need to be much more aggressive in removing the five players in that list that aren't out of contract if we do go down. So I'd agree with a fire sale for those specific players, but anyone else we should try to get the best fee possible.
  7. Teasy

    Financial meltdown?

    They used to be £12 million a season I think but are now going up to £30 million for the start of next season. I think Sky money is about £40 million, or it was for us last season anyway. Match day income was £34 million last season.
  8. I'm prepared to stand up and defend Ashley on our financial situation. But the situation with the management of the club is absolutely indefensible and if we do go down I'll certainly never forgive the fucker!
  9. Teasy

    Steve Harper

    My post didn't refer to you though did it, I was referring to other much more over the top criticisms.
  10. Teasy

    Financial meltdown?

    There's a big difference between us and the likes of Wolves, Birmingham, Reading ect. Our revenue now is likely pretty close to matching all three of those clubs combined when they were in the Premiership. If we go down and then come back up as you suggest our outgoings would be at such a small percentage of our incomings (Championship level wages ect) that we'd have a large excess of cash to keep us in the league and push us on, something none of the other clubs you mentioned would have.
  11. Teasy

    Financial meltdown?

    It helps but does not equal the direct & indirect money you make from being in PL. Yeah I know, that was in response to fading star's post. Basically I was saying that the saving I suggested on wages plus parachute payments could more then make up for the difference in TV money.
  12. Teasy

    Financial meltdown?

    There should be a fire sale whether we go down or stay up, with the following names included: Barton Duff Smith Geremi Butt Lets face it, outside of Barton the only way we've got a chance of removing this group of wasters is with a fire sale.. Also add in Viduka, Owen and Gonzales not getting renewed contracts and that's £25 million chopped off the wage bill. It's catch-22. We renew the contracts of players we can't afford, and find ourselves in a potentially critical condition if we don't come straight back up. Or, we let them players go, and have no one left. Then what? But so long as it gets rid of Kinnear. Well I agree but my point was that we shouldn't renew the contracts of any of the players I mentioned whether we stay up or go down. They're a bunch of players who are either past it or so injury prone they never play for us anyway. So losing them saves us massive money but wouldn't really weaken us much.
  13. Teasy

    Financial meltdown?

    Two words for you, parachute payments.
  14. Teasy

    Financial meltdown?

    There should be a fire sale whether we go down or stay up, with the following names included: Barton Duff Smith Geremi Butt Lets face it, outside of Barton the only way we've got a chance of removing this group of wasters is with a fire sale.. Also add in Viduka, Owen and Gonzales not getting renewed contracts and that's £25 million chopped off the wage bill.
  15. Agree entirely. Steven Taylor in particular was outstanding defensively yesterday continuing on from him fine form he must wonder what he has to do to replace Coloccini must be quite demoralizing seeing such a consistently bad defender get picked ahead of you week in week out. He also should have been sent off for one of the most obvious forearm smashes I've ever seen, were would that have left us?
  16. Well I thought he was surprisingly bad yesterday....... He didn't have a good game no, does that prove he's been consistently dreadful all season?, no it doesn't
  17. Teasy

    Steve Harper

    Due to poor positioning. Erm and if he's been right next to his post and Nasri had crossed for someone to tap in? Then it would be bad positioning again right?
  18. Teasy

    Steve Harper

    More pointless over the top player bashing. The guy made some amazing saves and he's being called not up to it because he didn't stop a low hard shot that went right in the bottom corner from 7 or 8 yards out
  19. Harper Taylor Coloccini Bassong Enrique Taylor Nolan Butt Duff Martins Lovenkrands Jonas and Owen out
  20. Well we have to depend on other results when our game hasn't happened yet like But yeah its very depressing to have to care what the likes of Stoke, Boro and Blackburn are doing
  21. Ah right, yeah even one point would take us above them at the moment.
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