just visiting Posted May 22, 2015 Share Posted May 22, 2015 (edited) 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. How can you increase your budget by £10m? The only way to get an increase of £10m this season would be by putting another £10m on your turnover, where's that going to come from? I've a bit of time on my hands today, so indulge me. 2013/14 Season Turnover £13.8m Wages and Salaries £-12.5m Operating expenses £-6.7m Operating loss -£5.4m So with FFP limits of £8m, you’re well within it. Last season accounts are yet to be published but it’s probably safe to assume that the only increase in revenue from the previous season would be higher average attendances, although that was only around 650 per game and the Man City cup ties revenue. So again it’s not stretching it to guest that for season 2014/15, even if the wage budget showed a slight increase and operating expenses stayed the same as 13/14 Turnover £14.3m Wages and Salaries -£13m Operating expenses -£6.7m Operating loss -£5.4m So with FFP limits of £6m, your sailing close to the wind for a January embargo. For this season, 2015/16 the FFP limits drop again to £5m. So assuming, once again, your operating expenses stay the same, as they have done for the past six years and you stay within the FFP limits. For your wage/salaries/fees budget to increase by £10m, your turnover would have to increase to over £25m. I can't see anywhere in your last published accounts where that type of growth would come from. Have a look and see if you agree. http://www.swfc.co.uk/documents/swfcaccount2014-lowres138-2297790.pdf Edited May 22, 2015 by just visiting Link to comment Share on other sites More sharing options...
sage owl Posted May 22, 2015 Share Posted May 22, 2015 How can you increase your budget by £10m? The only way to get an increase of £10m this season would be by putting another £10m on your turnover, where's that going to come from? I've a bit of time on my hands today, so indulge me. 2013/14 Season Turnover £13.8m Wages and Salaries £-12.5m Operating expenses £-6.7m Operating loss -£5.4m So with FFP limits of £8m, you’re well within it. Last season accounts are yet to be published but it’s probably safe to assume that the only increase in revenue from the previous season would be higher average attendances, although that was only around 650 per game and the Man City cup ties revenue. So again it’s not stretching it to guest that for season 2014/15, even if the wage budget showed a slight increase and operating expenses stayed the same as 13/14 Turnover £14.3m Wages and Salaries -£13m Operating expenses -£6.7m Operating loss -£5.4m So with FFP limits of £6m, your sailing close to the wind for a January embargo. For this season, 2015/16 the FFP limits drop again to £5m. So assuming, once again, your operating expenses stay the same, as they have done for the past six years and you stay within the FFP limits. For your wage/salaries/fees budget to increase by £10m, your turnover would have to increase to over £25m. I can't see anywhere in your last published accounts where that type of growth would come from. Have a look and see if you agree. http://www.swfc.co.uk/documents/swfcaccount2014-lowres138-2297790.pdf You're wasting your time with this one JV.But you could do us all a favour and convert him to Leeds. Link to comment Share on other sites More sharing options...
eckington owl Posted May 22, 2015 Share Posted May 22, 2015 Who the f*ck is JTO? You dude, that's you. Link to comment Share on other sites More sharing options...
matthefish2002 Posted May 22, 2015 Share Posted May 22, 2015 Good players are always going to have a few options of clubs. Sorry if Lee goes but he is not irreplaceable by any means. Loovens too injury prone for me so would be glad if he went. Link to comment Share on other sites More sharing options...
F. Spiksley Posted May 22, 2015 Share Posted May 22, 2015 How can you increase your budget by £10m? The only way to get an increase of £10m this season would be by putting another £10m on your turnover, where's that going to come from? I've a bit of time on my hands today, so indulge me. 2013/14 Season Turnover £13.8m Wages and Salaries £-12.5m Operating expenses £-6.7m Operating loss -£5.4m So with FFP limits of £8m, you’re well within it. Last season accounts are yet to be published but it’s probably safe to assume that the only increase in revenue from the previous season would be higher average attendances, although that was only around 650 per game and the Man City cup ties revenue. So again it’s not stretching it to guest that for season 2014/15, even if the wage budget showed a slight increase and operating expenses stayed the same as 13/14 Turnover £14.3m Wages and Salaries -£13m Operating expenses -£6.7m Operating loss -£5.4m So with FFP limits of £6m, your sailing close to the wind for a January embargo. For this season, 2015/16 the FFP limits drop again to £5m. So assuming, once again, your operating expenses stay the same, as they have done for the past six years and you stay within the FFP limits. For your wage/salaries/fees budget to increase by £10m, your turnover would have to increase to over £25m. I can't see anywhere in your last published accounts where that type of growth would come from. Have a look and see if you agree. http://www.swfc.co.uk/documents/swfcaccount2014-lowres138-2297790.pdf Sponsors, non-related to Chansiri. Thanks. Link to comment Share on other sites More sharing options...
Guest wilyfox Posted May 22, 2015 Share Posted May 22, 2015 (edited) For this season, 2015/16 the FFP limits drop again to £5m. I don't know where you got that from, but it's wrong. Permitted loss comes down further - but with greater investment from shareholders allowed. 2015/16 FFP = £2m loss, up to £13m with shareholder investment. http://www.bbc.co.uk/sport/0/football/29940463 Edited May 22, 2015 by wilyfox Link to comment Share on other sites More sharing options...
Tamworthowl Posted May 22, 2015 Share Posted May 22, 2015 So the OP implies that we are being foolish to offer such meagre contracts to four players that might result in them leaving for better offers elsewhere. I can't see how it is foolish for SWFC to offer players what we think they are worth to SWFC. Other clubs may value the same players higher, but they may be more desperate to fill certain positions/roles. We will only look foolish if/when a player leaves and has a better season than his replacement. This applies to the four players with contract offers and the other released 11. I'd suggest we would look more foolish if Madine bangs them in for Bolton, than if Loovens does well at Cardiff. Or if Buxton has a stormer replacing an injured £1.5m bearded wonder fullback somewhere. Bottom line is that at the end of every season choices have to be made. Some you win, some you lose. Its just a welcome change that we don't have to pay over the odds to keep decent, but inconsistent, players like Maguire anymore. Hopefully, in our new era, it won't be such a hard job to sell the club to similar or better replacement players if Maguire and co decide to leave. Link to comment Share on other sites More sharing options...
tomhollywood Posted May 22, 2015 Share Posted May 22, 2015 Good players are always going to have a few options of clubs. Sorry if Lee goes but he is not irreplaceable by any means. Loovens too injury prone for me so would be glad if he went. I agree that Lee is not irreplaceable but I think we as fans sometimes underestimate how important the personalities are and when players have had a few seasons to become mates etc it contributes a lot to the team. How many interviews have we seen from players this season praising the spirit in the squad. It's one of those things that will only get mentioned when it's genuinely there and it counts for a lot with a team wanting to get promoted. Burnley are a prime example of that a few seasons ago. A boat load of new faces just makes it longer before we settle again. Loovens had a very positive effect on Lees and is the reason I want him to stay. Lees was still good with him but better with Loovens alongside him. Link to comment Share on other sites More sharing options...
ramone Posted May 22, 2015 Share Posted May 22, 2015 Loovens is the best centre half we've had in years - would be a travesty if he left for nothing Link to comment Share on other sites More sharing options...
Sonny Posted May 22, 2015 Share Posted May 22, 2015 Can't believe JV is wrong again. Madness. Link to comment Share on other sites More sharing options...
just visiting Posted May 22, 2015 Share Posted May 22, 2015 I don't know where you got that from, but it's wrong. Permitted loss comes down further - but with greater investment from shareholders allowed. 2015/16 FFP = £2m loss, up to £13m with shareholder investment. http://www.bbc.co.uk/sport/0/football/29940463 Bit of a grey area there then as the Official Football league websites states that " The existing Championship FFP framework will remain in place for the 2014/15 and 2015/16 seasons." I stand corrected though, that being the case. Link to comment Share on other sites More sharing options...
Guest wilyfox Posted May 22, 2015 Share Posted May 22, 2015 Bit of a grey area there then as the Official Football league websites states that " The existing Championship FFP framework will remain in place for the 2014/15 and 2015/16 seasons." I stand corrected though, that being the case. It remains the same in terms of being assessed yearly until 2016/17, when the new 3yr £39m aggregate rules kick in. But an amendment was made to permitted loss for the 2015/16 season, bringing it inline with the new rules coming in the following year. Link to comment Share on other sites More sharing options...
Inspector Lestrade Posted May 22, 2015 Share Posted May 22, 2015 I hate Leeds Link to comment Share on other sites More sharing options...
oh_weds_we_love_you Posted May 22, 2015 Share Posted May 22, 2015 If any of the out-of-contract players wish to exercise their right to move clubs, then good luck to them. All of them are replaceable, though ideally they would stay and add depth to the new look squad this summer. As for FFP, I think the QPR situation has proven it is a bite with no teeth, so lets not concern ourselves too much with that. Link to comment Share on other sites More sharing options...
just visiting Posted May 22, 2015 Share Posted May 22, 2015 It remains the same in terms of being assessed yearly until 2016/17, when the new 3yr £39m aggregate rules kick in. But an amendment was made to permitted loss for the 2015/16 season, bringing it inline with the new rules coming in the following year. Yep, quite right. The FL website had the permitted losses still at £5m (£2+3m investor) for 15/16. That's updated now. My bad. Spend, Spend, Spend, then. Link to comment Share on other sites More sharing options...
Hawkeye Posted May 22, 2015 Share Posted May 22, 2015 Yep, quite right. The FL website had the permitted losses still at £5m (£2+3m investor) for 15/16. That's updated now. My bad. Spend, Spend, Spend, then. I had the same issue - took my understanding, foolishly, off the fl site. I'd also argue income is likely to be higher, with sponsorship likely to increase too. Wages are going to be drastically lower as it stands with only half a team under contract, so there's a couple of million possibly free in wages already. I still don't understand where this round number of £10m comes in though. Link to comment Share on other sites More sharing options...
matthefish2002 Posted May 22, 2015 Share Posted May 22, 2015 Yes I agree when fit Loovens is an excellent Championship defender but how many times have we been caught out signing injury prone players? Was only available for about 50% of games last season and does not have the best records at all with injuries in his career. Link to comment Share on other sites More sharing options...
Spuddy01 Posted May 22, 2015 Share Posted May 22, 2015 Resigning better will cost money - and we've only got a limited budget.Posts like this are starting to do my head in!How do you know we've only got a limited budget, are you his f*cking financial advisor or summat? Link to comment Share on other sites More sharing options...
Spudvegas Posted May 22, 2015 Share Posted May 22, 2015 Jon. Can you please PM Brownlad who will confirm your identity. Link to comment Share on other sites More sharing options...
York_Owl Posted May 22, 2015 Share Posted May 22, 2015 Yep, quite right. The FL website had the permitted losses still at £5m (£2+3m investor) for 15/16. That's updated now. My bad. Spend, Spend, Spend, then. we will, my friend, we will. Link to comment Share on other sites More sharing options...
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