Hawkeye Posted May 21, 2015 Share Posted May 21, 2015 Jon is totally right though. We'll either stick to FFP (thus a restricted budget) or not which will either mean we face a transfer embargo at some point or get promoted first time, which isn't that likely really. I agree with this and iv been banging the drum about the need to balance expectation with ffp for ages. But, nobody has the first idea about how much our projected income is, or how much wage bill we have free at the moment. 10m wage bill would be a 30% reduction on last year's, veryunlikely I'd have thought. I don't expect us to start offering 30k a week wages, but I don't expect us to be fishing in the bargain bin either. Link to comment Share on other sites More sharing options...
SiJ Posted May 21, 2015 Share Posted May 21, 2015 As I've said several times now, my username is definitely not 'JTO'. Sorry.Yep It's Shakesby. Link to comment Share on other sites More sharing options...
Owl in Manc Posted May 21, 2015 Share Posted May 21, 2015 Shakesby drinks in the Sportsman at crosspool, with his mates, JTO and Matty Fryatt! Link to comment Share on other sites More sharing options...
Guest shakesby Posted May 21, 2015 Share Posted May 21, 2015 I agree with this and iv been banging the drum about the need to balance expectation with ffp for ages. But, nobody has the first idea about how much our projected income is, or how much wage bill we have free at the moment. 10m wage bill would be a 30% reduction on last year's, veryunlikely I'd have thought. I don't expect us to start offering 30k a week wages, but I don't expect us to be fishing in the bargain bin either. Sorry I think you misunderstood, we can increase our budget by £10m. Unless Chansiri has a way around FFP with revenue. That includes wages and fees. Link to comment Share on other sites More sharing options...
Guest timrud Posted May 21, 2015 Share Posted May 21, 2015 His car has a number plate with JTO on, sponsered by Montys Link to comment Share on other sites More sharing options...
Guest shakesby Posted May 21, 2015 Share Posted May 21, 2015 Shakesby drinks in the Sportsman at crosspool, with his mates, JTO and Matty Fryatt! Who the f*ck is JTO? Link to comment Share on other sites More sharing options...
Sham67 Posted May 21, 2015 Share Posted May 21, 2015 Yes they do, financial fair play. If it's scrapped, which it could well be, then nobody has a clue, but once the full details are released end of this month we will have a very clear picture. Perhaps you'd like to inform us what our turnover is going to be? Without knowing that you are unable to guess what our budget is likely to be. Nor has anyone else who keep insisting that FFP will restrict our spending. Link to comment Share on other sites More sharing options...
Guest shakesby Posted May 21, 2015 Share Posted May 21, 2015 Perhaps you'd like to inform us what our turnover is going to be? Without knowing that you are unable to guess what our budget is likely to be. Nor has anyone else who keep insisting that FFP will restrict our spending. If you look at the rules it states quite clearly how much revenue can be increased, and then effect spending. Like I said, somebody has pointed out very clearly the most we can spend to expand our budget is £10m. Link to comment Share on other sites More sharing options...
Mr Farrell Posted May 21, 2015 Share Posted May 21, 2015 Welcome back JTO. Link to comment Share on other sites More sharing options...
Hawkeye Posted May 21, 2015 Share Posted May 21, 2015 Sorry I think you misunderstood, we can increase our budget by £10m. Unless Chansiri has a way around FFP with revenue. That includes wages and fees. £10m does an awful lot. But again, it's a speculative number without knowing projected revenue, and current wage bill on the retained players. Ground and facility development do not count against us in the ffp reckoning, so it's purely income vs wages/fees/bills. Link to comment Share on other sites More sharing options...
Sham67 Posted May 21, 2015 Share Posted May 21, 2015 If you look at the rules it states quite clearly how much revenue can be increased, and then effect spending. Like I said, somebody has pointed out very clearly the most we can spend to expand our budget is £10m. Rubbish, there's no rule limiting legitimate increases in revenue. Are you really saying if we were for example, to sell out every home game, we couldn't count some of it as revenue for FFP. Link to comment Share on other sites More sharing options...
FreshOwl Posted May 21, 2015 Share Posted May 21, 2015 Just admit it Jon, at least then you'll appear less insane. Its like Bruntwood saying he's not Blunkett, we're not friggin idiots Link to comment Share on other sites More sharing options...
Guest shakesby Posted May 21, 2015 Share Posted May 21, 2015 £10m does an awful lot. But again, it's a speculative number without knowing projected revenue, and current wage bill on the retained players. Ground and facility development do not count against us in the ffp reckoning, so it's purely income vs wages/fees/bills. Correct. Like I said end of the month Will give us a better idea. Link to comment Share on other sites More sharing options...
Owl in Manc Posted May 21, 2015 Share Posted May 21, 2015 JTO thought he was ITK, spouting daft rumours like yourself. Link to comment Share on other sites More sharing options...
Mr Farrell Posted May 21, 2015 Share Posted May 21, 2015 To be fair to Jon, it's understandable he wants to denounce his old posting name. Link to comment Share on other sites More sharing options...
Sham67 Posted May 21, 2015 Share Posted May 21, 2015 Correct. Like I said end of the month Will give us a better idea. Will who? Greenwood? Keane? Shakespeare? Link to comment Share on other sites More sharing options...
Guest shakesby Posted May 21, 2015 Share Posted May 21, 2015 Rubbish, there's no rule limiting legitimate increases in revenue. Are you really saying if we were for example, to sell out every home game, we couldn't count some of it as revenue for FFP. Yes of course we could because that's a legitimate increase in revenue. That's the entire point. We won't sell out every game though. Just ploughing in millions of funds from the chairman isn't allowed though. Even sponsorship money directly from the chairman isn't allowed - hence Tuff or whatever it's called being our next sponsor. Still doesn't allow us to expand our budget exponentially. Link to comment Share on other sites More sharing options...
Guest The Horse Posted May 21, 2015 Share Posted May 21, 2015 Didn't that JTO insist we were getting Ben Marshall not so long back.Maybe he will finally be proved right... Link to comment Share on other sites More sharing options...
Sham67 Posted May 21, 2015 Share Posted May 21, 2015 (edited) Yes of course we could because that's a legitimate increase in revenue. That's the entire point. We won't sell out every game though. Just ploughing in millions of funds from the chairman isn't allowed though. Even sponsorship money directly from the chairman isn't allowed - hence Tuff or whatever it's called being our next sponsor. Still doesn't allow us to expand our budget exponentially. Soz, fat fingers. Edited May 21, 2015 by Sham67 Link to comment Share on other sites More sharing options...
Beatpusher Posted May 21, 2015 Share Posted May 21, 2015 Can't see Loovens going back to Cardiff personally, he'll have been offered good terms here, and they're trying to slash their wage bill... I'd have hoped we'd have offered Lee his renewal well before it was publically stated as well, really hope he stays, great player... Link to comment Share on other sites More sharing options...
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