loki679 Posted May 18, 2018 Share Posted May 18, 2018 How the fuck is our wage bill 112.2m, sounds like we didn't put any relegation clauses in contracts again. Makes zero sense, total bullshit. Link to post Share on other sites More sharing options...
Guest neesy111 Posted May 18, 2018 Share Posted May 18, 2018 How the fuck is our wage bill 112.2m, sounds like we didn't put any relegation clauses in contracts again. Makes zero sense, total bullshit. £30m offset for players not required, they've taken an accounting hit on a number of players contracts. Link to post Share on other sites More sharing options...
Guest neesy111 Posted May 18, 2018 Share Posted May 18, 2018 The loss is £44m btw, you get tax relief on losses. Link to post Share on other sites More sharing options...
Kimbo Posted May 18, 2018 Share Posted May 18, 2018 I wonder if one day it will click that running the football side of things badly has devastating financial consequences. Link to post Share on other sites More sharing options...
Guest neesy111 Posted May 18, 2018 Share Posted May 18, 2018 I wonder if one day it will click that running the football side of things badly has devastating financial consequences. Link to post Share on other sites More sharing options...
Disco Posted May 18, 2018 Share Posted May 18, 2018 Timing on those accounts is very deliberate. Can't afford to spend, only came back up due to the overwhelming generosity of our owner etc etc. Gearing up for the manager leaving and getting the excuses in. My thoughts exactly. Link to post Share on other sites More sharing options...
Robster Posted May 18, 2018 Share Posted May 18, 2018 Timing on those accounts is very deliberate. Can't afford to spend, only came back up due to the overwhelming generosity of our owner etc etc. Gearing up for the manager leaving and getting the excuses in. 100% correct. Link to post Share on other sites More sharing options...
Interpolic Posted May 18, 2018 Share Posted May 18, 2018 A £90m loss (given incoming transfer fees and parachute payments) and such a high wage bill don't sound right whatsoever like. Link to post Share on other sites More sharing options...
Dokko Posted May 18, 2018 Share Posted May 18, 2018 Surely even Ashley must see its another huge loss if relegated and the best way is to keep Rafa and live within our means. Link to post Share on other sites More sharing options...
ponsaelius Posted May 18, 2018 Share Posted May 18, 2018 Engineered bullshit imo Link to post Share on other sites More sharing options...
Big Geordie Posted May 18, 2018 Share Posted May 18, 2018 yup - I agree, Interpolic. :: Link to post Share on other sites More sharing options...
TK-421 Posted May 18, 2018 Share Posted May 18, 2018 A £90m loss (given incoming transfer fees and parachute payments) and such a high wage bill don't sound right whatsoever like. Aye, PP not mentioned at all in that article. Surely they should be a factor?! Link to post Share on other sites More sharing options...
Mike Posted May 18, 2018 Share Posted May 18, 2018 All aboard the fucking bullshit train again. Link to post Share on other sites More sharing options...
Shelveys Hair Posted May 18, 2018 Share Posted May 18, 2018 What was our wage bill in the relegation season compared to the championship? Im smelling bullshit Parachute payment? players sales? and we still lost £90m? There is no way most of those players were on Premier League wages. Link to post Share on other sites More sharing options...
Twinport53 Posted May 18, 2018 Share Posted May 18, 2018 I thought the whole point in loaning out Saviet, Thauvin etc was so other clubs paid their wages? Link to post Share on other sites More sharing options...
UncleBingo Posted May 18, 2018 Share Posted May 18, 2018 Definitely a rabbit off here. Link to post Share on other sites More sharing options...
Shelveys Hair Posted May 18, 2018 Share Posted May 18, 2018 Newcastle United’s wage bill for the 2015/16 season was £74.7million – a figure that eclipses almost all of their Championship rivals but is now lower mid-table in the Premier League. More detailed club accounts will be revealed in the coming days but United’s wage bill to turnover is 59.4% of £125.8million – which makes the staff wage bill £74.7million. That is up on the £65.1million recorded in the 2014/15 season. Lee Charnley acknowledged that United’s wage bill was STILL at Premier League level as he spoke about the accounts: “Our approach, following relegation, was to make further sizeable investment in our playing squad in preparation for the EFL Championship season ahead and our annual wage bill is, we believe, still above and beyond many current Premier League teams.” https://www.chroniclelive.co.uk/sport/football/football-news/newcastle-uniteds-wage-bill-revealed-12858274 Link to post Share on other sites More sharing options...
Interpolic Posted May 18, 2018 Share Posted May 18, 2018 Newcastle United’s wage bill for the 2015/16 season was £74.7million – a figure that eclipses almost all of their Championship rivals but is now lower mid-table in the Premier League. More detailed club accounts will be revealed in the coming days but United’s wage bill to turnover is 59.4% of £125.8million – which makes the staff wage bill £74.7million. That is up on the £65.1million recorded in the 2014/15 season. Lee Charnley acknowledged that United’s wage bill was STILL at Premier League level as he spoke about the accounts: “Our approach, following relegation, was to make further sizeable investment in our playing squad in preparation for the EFL Championship season ahead and our annual wage bill is, we believe, still above and beyond many current Premier League teams.” https://www.chroniclelive.co.uk/sport/football/football-news/newcastle-uniteds-wage-bill-revealed-12858274 What the fuck. See, that sounds about right. How the fuck do we have an "operating loss" of £90m?! Link to post Share on other sites More sharing options...
mrmojorisin75 Posted May 18, 2018 Share Posted May 18, 2018 A £90m loss (given incoming transfer fees and parachute payments) and such a high wage bill don't sound right whatsoever like. wasn't our spend something like £80m incoming, £50m outgoing? i guess if you only get £10-20m of that that £80m up front it's gonna hurt like Link to post Share on other sites More sharing options...
Dave Posted May 18, 2018 Share Posted May 18, 2018 https://twitter.com/bigchrisholt/status/997452651024519168 ? Link to post Share on other sites More sharing options...
Greg Posted May 18, 2018 Share Posted May 18, 2018 The parachute payment was £41million according to the Premier League. Link to post Share on other sites More sharing options...
Anderson Posted May 18, 2018 Share Posted May 18, 2018 The loss is £44m btw, you get tax relief on losses. The massive difference (~£50m) will actually mostly be to do with player sales. That doesn't effect the operating profit in the accounts so they've purposely used that as their headline figure. Link to post Share on other sites More sharing options...
Guest firetotheworks Posted May 18, 2018 Share Posted May 18, 2018 Because they're liars. Link to post Share on other sites More sharing options...
mrmojorisin75 Posted May 18, 2018 Share Posted May 18, 2018 Engineered bullshit imo yeah be interesting to see what's below the headlines when they're fully released Link to post Share on other sites More sharing options...
Guest neesy111 Posted May 18, 2018 Share Posted May 18, 2018 I smell something fishy. Link to post Share on other sites More sharing options...
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