
Farmer Saint
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Everything posted by Farmer Saint
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Not necessarily going to be better than Stewart though, and if not give Onauchu another try?
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£83m yep, but take into account that transfers are amortised over contract lengths, so the transfers from 2 years ago will count for the same amount this year. That means that figure needs to be removed (probably £25-30m). Then there is the fact that last financial results we had (2021-2022) we made a £43m loss before transfers out, so let's be brave and remove 2/3rds of that, so that's another £30m. So out of that £83m, we've probably got £25m to £30m left to pay for a portion of amortised transfers, signing fees and agent fees. And we've probably spent £7-9m of that already.
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Does everyone kinda see why I wasn't overly excited about getting promoted last season? This season is going to be a proper slog.
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I made this point the other day
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Sarmiento? Marcelo Tejera?
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Hopefully he doesn't leave oppo players with mushroom.
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I'd take a central striker who can get 13 goals - we have Armstrong on one wing who should do similar as well. Think of them as a Wish version of Pelle and Mane 🤣
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As above, it's indicative numbers, but shows how we won't have much money this year.
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How do you think Farmers run their businesses..?
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Yeah, but they're illustrative numbers, not 100% correct. However, you can see the basic maths behind it.
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No, cos that's Balance Sheet, not P&L.
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Because we had an approx £100m drop in revenue in the Championship last season. In 2021/2022 we made a £43m loss without the sale of players. So... 2022/2023: £120m loss 2023/2024: £85m profit 2024/2025: £70m loss (including £25m in transfers) Means a loss of £105m over 3 years. Next season we will be able to make a £120m loss, so £75m in transfers. Please also remember that player sales are included against that year's P&L, whereas transfers are amortised over the length of the contract, so every year we are still paying for legacy players.
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FFP. Next year will be very different due to the 3 year rolling commitments.
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As said the other day, and I will repeat until the end of the window, we do not have much money to spend - at all. Expect Downes and then very low expenditure.
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This isn't an opinion btw.
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2023/2024? But the point is all teams tend to sell when they go down (and not many spend the money we did in January 23).
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The point is financially we are the same now, because we spent too much Jan 23 and got relegated - essentially it puts our profit/loss at a point similar to being in the Championship 2022/2023. FFP and that transfer window has scuppered our ability to spend this season, hence it's the equivalent of being a yoyo club.
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It it's not politics, it's rules.
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I don't want to give too much away, as we all know LLSS, but we do not have much money to spend this season due to FFP - capital outlay has been huge over the last 2 seasons with a huge downturn in revenue. This is why teams like Norwich, Burnley and WBA have never been able to break the yoyo cycle (in a positive way). There is some money, just not loads, unless we recoup from sales. Please bear in mind the £20m odd for Taylor Bellis, and there is money for Downes, but outside of that it is likely to be free's/low transfer fees.
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He's not going to play much anyway, he's a bench option for a year.
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There's some bitter, bitter people on here. Welcome back Adam.
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Was it by someone from the CoT? If not, it's probably someone talking shit. Wolves are in for him (as are others) but no done deal yet. It's all about the Benjamins, and not all bids are in yet.
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Yep, the deal is done. Will hopefully be announced in the next couple of days.
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I do believe he may be part of our West Ham sisterhood though, the HoT, or Hammers of Truth.