owl_83 Posted February 15, 2020 Share Posted February 15, 2020 One thing has bothered me. Surely forecasting your profit and loss cannot be that hard to stay within the FFP limit. You buy a player for £5 million on a 4 year contract, you pay him £20k a week. That is £1.25 million amortisation per year plus approx £1 million in wages. You will have various add ons with that, pension, employers NI, bonuses etc. Surely you can keep a database of all players and work out their estimated cost per year, add on various other costs such as backroom, other staff, maintenance etc. Season ticket and TV revenue would be the same all year round. It can't have been that hard to foresee we were near the FFP limit? 1 Link to comment Share on other sites More sharing options...
Justbeanz Posted February 15, 2020 Share Posted February 15, 2020 Bloody ell can we let Storm Dennis blow over first. 5 Link to comment Share on other sites More sharing options...
Ellis Rimmer Posted February 15, 2020 Share Posted February 15, 2020 3 minutes ago, owl_83 said: One thing has bothered me. Surely forecasting your profit and loss cannot be that hard to stay within the FFP limit. You buy a player for £5 million on a 4 year contract, you pay him £20k a week. That is £1.25 million amortisation per year plus approx £1 million in wages. You will have various add ons with that, pension, employers NI, bonuses etc. Surely you can keep a database of all players and work out their estimated cost per year, add on various other costs such as backroom, other staff, maintenance etc. Season ticket and TV revenue would be the same all year round. It can't have been that hard to foresee we were near the FFP limit? 1) he thought we would be up by now and wouldn't have to worry like Wolves Or 2) he didn't realise the severity when he started pushing it Or 3) incompetence Maybe a mix of all 3 Link to comment Share on other sites More sharing options...
SiJ Posted February 15, 2020 Share Posted February 15, 2020 4 minutes ago, owl_83 said: One thing has bothered me. Surely forecasting your profit and loss cannot be that hard to stay within the FFP limit. You buy a player for £5 million on a 4 year contract, you pay him £20k a week. That is £1.25 million amortisation per year plus approx £1 million in wages. You will have various add ons with that, pension, employers NI, bonuses etc. Surely you can keep a database of all players and work out their estimated cost per year, add on various other costs such as backroom, other staff, maintenance etc. Season ticket and TV revenue would be the same all year round. It can't have been that hard to foresee we were near the FFP limit? Chansiri has repeatedly made references to FFP during his time here. He was clearly aware that we were sailing close to the wind, but for whatever reason never did anything about it...until he ended up selling the ground (late). Perhaps he thought we'd get promoted and avoid any issues? All in all, it is a complete farce. 2 Link to comment Share on other sites More sharing options...
Blue and white Posted February 15, 2020 Share Posted February 15, 2020 1 minute ago, Ellis Rimmer said: 1) he thought we would be up by now and wouldn't have to worry like Wolves Or 2) he didn't realise the severity when he started pushing it Or 3) incompetence Maybe a mix of all 3 Incompetence and nothing else. Link to comment Share on other sites More sharing options...
ArmchairOwl Posted February 15, 2020 Share Posted February 15, 2020 4) 2 minutes ago, Ellis Rimmer said: 1) he thought we would be up by now and wouldn't have to worry like Wolves Or 2) he didn't realise the severity when he started pushing it Or 3) incompetence Maybe a mix of all 3 4) Gambled and lost. 1 Link to comment Share on other sites More sharing options...
sMacLean Posted February 15, 2020 Share Posted February 15, 2020 Chansiri disagrees with the idea of FFP so at the start don't think he paid any attention to it until talk of deductions and fines appeared and too late by then. Link to comment Share on other sites More sharing options...
Hitcat Posted February 15, 2020 Share Posted February 15, 2020 Question for you. Have you ever bought something you couldn't afford because you wanted it now? 1 Link to comment Share on other sites More sharing options...
TheEnchanter Posted February 15, 2020 Share Posted February 15, 2020 Just now, Hitcat said: Question for you. Have you ever bought something you couldn't afford because you wanted it now? Nope. Link to comment Share on other sites More sharing options...
Morepork Posted February 15, 2020 Share Posted February 15, 2020 DC talked about FFP and planning for the future whilst all the time ignoring both and choosing his preferred method which was to gamble. It's been a sh!t show from start to finish. 1 Link to comment Share on other sites More sharing options...
SiJ Posted February 15, 2020 Share Posted February 15, 2020 If it wasn't us, you would have to laugh. He sells the stadium to himself to get around it...but now stands accused of selling it too late for it to be included in last year's accounts. 2 Link to comment Share on other sites More sharing options...
TheEnchanter Posted February 15, 2020 Share Posted February 15, 2020 Just now, SiJ said: If it wasn't us, you would have to laugh. He sells the stadium to himself to get around it...but now stands accused of selling it too late for it to be included in last year's accounts. Exactly what a successful businessman would do. 4 Link to comment Share on other sites More sharing options...
SupremeOwl Posted February 15, 2020 Share Posted February 15, 2020 "We have friends" - remember that one? That was his plan to combat FFP. Tells the whole story in hindsight. 1 Link to comment Share on other sites More sharing options...
pat blondeau Posted February 15, 2020 Share Posted February 15, 2020 11 minutes ago, Ellis Rimmer said: 1) he thought we would be up by now and wouldn't have to worry like Wolves Or 2) he didn't realise the severity when he started pushing it Or 3) incompetence Maybe a mix of all 3 I’ll go for number 3 Link to comment Share on other sites More sharing options...
Womble Owl Posted February 15, 2020 Share Posted February 15, 2020 16 minutes ago, Hitcat said: Question for you. Have you ever bought something you couldn't afford because you wanted it now? Yes, swfc season tickets 9 Link to comment Share on other sites More sharing options...
londonowl Posted February 15, 2020 Share Posted February 15, 2020 (edited) The problem is that we did neither one thing or the other. We didn't go s**t or bust like Wolves and we didn't do it by spending money wisely and staying within FFP. We went well over FFP whilst not really making any sound investments and being left with a pretty much worthless squad most of who will be released without even getting a fee back. For a club to lose somewhere around £70m in 4 years and end up with what we've got is shocking. Edited February 15, 2020 by londonowl 1 Link to comment Share on other sites More sharing options...
BRADDO Posted February 15, 2020 Share Posted February 15, 2020 DC is clueless, arrogant, incompetent and stubborn. A lethal combination which rather than taking us to the prem, is likely taking us down to the pub league. I want him gone ASAP 1 Link to comment Share on other sites More sharing options...
keepitsteel89 Posted February 15, 2020 Share Posted February 15, 2020 36 minutes ago, owl_83 said: One thing has bothered me. Surely forecasting your profit and loss cannot be that hard to stay within the FFP limit. You buy a player for £5 million on a 4 year contract, you pay him £20k a week. That is £1.25 million amortisation per year plus approx £1 million in wages. You will have various add ons with that, pension, employers NI, bonuses etc. Surely you can keep a database of all players and work out their estimated cost per year, add on various other costs such as backroom, other staff, maintenance etc. Season ticket and TV revenue would be the same all year round. It can't have been that hard to foresee we were near the FFP limit? You'd like to have thought, yeah.. Link to comment Share on other sites More sharing options...
Owl999 Posted February 15, 2020 Share Posted February 15, 2020 26 minutes ago, BRADDO said: DC is clueless, arrogant, incompetent and stubborn. A lethal combination which rather than taking us to the prem, is likely taking us down to the pub league. I want him gone ASAP I second that 1 Link to comment Share on other sites More sharing options...
dr. benway Posted February 15, 2020 Share Posted February 15, 2020 2 hours ago, Hitcat said: Question for you. Have you ever bought something you couldn't afford because you wanted it now? Jordan Rhodes? 1 3 Link to comment Share on other sites More sharing options...
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