Cheer up Hob Nob!

[Rev Algenon Stickleback H]

One final thought, would QPR held on to the likes of Gylfi if they developed him? That to me is the difference in the ours and their model.

QPR don't have a business model as they don't care if the club loses money. They lost £19 million last season, I believe.

To run the club that way you have to either have an owner willing to write cheques to pay the bills regardless of expense, or have a chairman who doesn't care if the club goes into administration as he'll probably be gone if that happens.

[Snowball]

QPR, Cardiff, Leicester have spent or are spending vast amounts.

How much is Sven costing? Probably 4 M a year on his own

Hull announced they had spent their parachute money even before they came down
and were on the brink before they were bought. Leeds have been in administration
but are still a huge club with loads of history and massive gates. And Norwich?

Burnley announced they were cash-rich when they came down.


And remember

QPR, Cardiff, Leicester, Norwich, Leeds, Burnley, Hull, Forest... 8 Clubs and only three will go up.

What will the failed five do? Gamble for another year, lose ANOTHER 20 Million?


Take another look at Portsmouth.


IMO, find a model that makes us 9-13th and in that season where a couple of great players come through, maybe THEN, punt an extra 2-4 million and go for it. But remember, if you do that and miss out, even just that 4M, you might take 2-3 years to get back to evens and might slip into League 1 in the process.

[Z175]

We support a team thats set to sustain its record of 11 out 12 finishes in the top half of its league

[Svlad Cjelli]

A general lol to anyone who believes that a club would turn down £7 million plus sell ons for a player with one year's Championship experience and in a team that was by no means certain to go up.

As I've said across other threads look at similar clubs and what's happened when the big boys have come in for a player. Crystal Palace sold Andy Johnson, Middlesbrough sold Adam Johnson WITHIN their parachute payment year, West Brom sold Zoltan Gera and Jonathan Greening, Watford had to sell Ashley Young while they were still in the Premier League.

If before the season we'd been saying 'we've got a real chance of automatic promotion' then maybe just maybe the club holds onto him, but you'd have to be in a QPR like state to take that sort of financial gamble. At the start of the season we hardly looked world beaters even with him in the team. Moreover nobody really expected such a mindblowing deal, the figures being quoted were around the £4-5m mark on this very site...

we lost ONE player this summer of any note and have so far used the proceeds to sign five or six players who have made the squad stronger. I don't think Gylfi would have helped us much if we had a back four consisting of Cummings at left back, Mills, Gunnar and Griffin which is what we were looking at after the Leicester game.

Even more so when you consider that stopping a player moving in such circumstances almost certainly makes them unhappy and less effective.

[handbags_harris]

Norwich, promoted to the PL a couple of years before us, fell from grace so spectacularly that they ended up in the third division - remember Kebe-to-Long X 2 in the process of them getting relegated? What financial model and careful reconstruction has been necessary to get them competing at the level they are? Do they pay their players more than we do?

Given that they are £23 million in debt and charge more for their season tickets and matchday tickets, AND have a significantly higher average gate than us, I would hazard a guess that they pay their players significantly more than us.

[Wimb]

Norwich, promoted to the PL a couple of years before us, fell from grace so spectacularly that they ended up in the third division - remember Kebe-to-Long X 2 in the process of them getting relegated? What financial model and careful reconstruction has been necessary to get them competing at the level they are? Do they pay their players more than we do?

Given that they are £23 million in debt and charge more for their season tickets and matchday tickets, AND have a significantly higher average gate than us, I would hazard a guess that they pay their players significantly more than us.

It's classic keeping up with the Jones' mentality, though in this case the Jones' are happy to burn up their credit cards in the hope it'll attract a job promotion for higher paid work while we're living within our means and hoping our hard word and calculated risks will lead to the promised land.

[RoyalJames101]

A general lol to anyone who believes that a club would turn down £7 million plus sell ons for a player with one year's Championship experience and in a team that was by no means certain to go up.

As I've said across other threads look at similar clubs and what's happened when the big boys have come in for a player. Crystal Palace sold Andy Johnson, Middlesbrough sold Adam Johnson WITHIN their parachute payment year, West Brom sold Zoltan Gera and Jonathan Greening, Watford had to sell Ashley Young while they were still in the Premier League.

If before the season we'd been saying 'we've got a real chance of automatic promotion' then maybe just maybe the club holds onto him, but you'd have to be in a QPR like state to take that sort of financial gamble. At the start of the season we hardly looked world beaters even with him in the team. Moreover nobody really expected such a mindblowing deal, the figures being quoted were around the £4-5m mark on this very site...

we lost ONE player this summer of any note and have so far used the proceeds to sign five or six players who have made the squad stronger. I don't think Gylfi would have helped us much if we had a back four consisting of Cummings at left back, Mills, Gunnar and Griffin which is what we were looking at after the Leicester game.

Top quality post.

[No Hoops]

A general lol to anyone who believes that a club would turn down £7 million plus sell ons for a player with one year's Championship experience and in a team that was by no means certain to go up.

As I've said across other threads look at similar clubs and what's happened when the big boys have come in for a player. Crystal Palace sold Andy Johnson, Middlesbrough sold Adam Johnson WITHIN their parachute payment year, West Brom sold Zoltan Gera and Jonathan Greening, Watford had to sell Ashley Young while they were still in the Premier League.

If before the season we'd been saying 'we've got a real chance of automatic promotion' then maybe just maybe the club holds onto him, but you'd have to be in a QPR like state to take that sort of financial gamble. At the start of the season we hardly looked world beaters even with him in the team. Moreover nobody really expected such a mindblowing deal, the figures being quoted were around the £4-5m mark on this very site...

we lost ONE player this summer of any note and have so far used the proceeds to sign five or six players who have made the squad stronger. I don't think Gylfi would have helped us much if we had a back four consisting of Cummings at left back, Mills, Gunnar and Griffin which is what we were looking at after the Leicester game.

Top quality post.

+1 and

Keep hold of your best players for a quick return to the Prem.

We gambled in this exact way and lost. That's where the parachute payment went.

[Royal Lady]

^^^ ALL of the parachute payments?

[Wimb]

^^^ ALL of the parachute payments?

Yes.

http://www.getreading.co.uk/sport/footb ... avy_losses

[Wimb]

Oh but lol at

and we are confident we can once again push for success under Brendan Rodgers.

[Hoop Blah]

^^^ ALL of the parachute payments?

It looks that way yes, well along with pay all our other bills anyway.

[No Hoops]

Ta

[West_Reading]

Another thread repeating everything that gets discussed in every other thread.

[Wimb]

Can we just merge them all into a.... 'READING IS A WELL/BADLY RUN CLUB DISCUSS'

[Svlad Cjelli]

From the June 2010 Deloitte Annual Review of Football Finance :

The Football League Championship clubs continued to grow their revenues, by 12% to £375m, in 2008/09. Paul Rawnsley, Director in the Sports Business Group at Deloitte, noted: “The Football League’s achievement in growing revenues, with the value of new broadcast deals’ still to come when the clubs’ 2009/10 accounts are released, coupled with the Championship being the third best attended League in Europe, is remarkable. However, a wages / revenue ratio of 90% across the Championship is a cause for serious concern and will need to be addressed.”

That 90% wages / revenue ratio is scary, especially as it's an average, and the like of us and Barnsley, Scunny etc are nowhere near that figure, so some clubs must be well over 100%. If we want to compete with them financially, that's the sort of figure we're looking at.

[Snowball]

From the June 2010 Deloitte Annual Review of Football Finance :

The Football League Championship clubs continued to grow their revenues, by 12% to £375m, in 2008/09. Paul Rawnsley, Director in the Sports Business Group at Deloitte, noted: “The Football League’s achievement in growing revenues, with the value of new broadcast deals’ still to come when the clubs’ 2009/10 accounts are released, coupled with the Championship being the third best attended League in Europe, is remarkable. However, a wages / revenue ratio of 90% across the Championship is a cause for serious concern and will need to be addressed.”

That 90% wages / revenue ratio is scary, especially as it's an average, and the like of us and Barnsley, Scunny etc are nowhere near that figure, so some clubs must be well over 100%. If we want to compete with them financially, that's the sort of figure we're looking at.

Won't it soon be "illegal" to pay over the odds?

[ZacNaloen]

Isn't that a rule for UEFA competitions, so won't affect those competing in the second tier as they have no chance of playing in europe without winning the FA Cup?

Unless the FA are also bringing in some legislation I'm not aware of.

[Svlad Cjelli]

From the June 2010 Deloitte Annual Review of Football Finance :

The Football League Championship clubs continued to grow their revenues, by 12% to £375m, in 2008/09. Paul Rawnsley, Director in the Sports Business Group at Deloitte, noted: “The Football League’s achievement in growing revenues, with the value of new broadcast deals’ still to come when the clubs’ 2009/10 accounts are released, coupled with the Championship being the third best attended League in Europe, is remarkable. However, a wages / revenue ratio of 90% across the Championship is a cause for serious concern and will need to be addressed.”

That 90% wages / revenue ratio is scary, especially as it's an average, and the like of us and Barnsley, Scunny etc are nowhere near that figure, so some clubs must be well over 100%. If we want to compete with them financially, that's the sort of figure we're looking at.

Won't it soon be "illegal" to pay over the odds?

No, it will prevent you from entering UEFA competitions.

[Hoop Blah]

What if we (or those paying silly amounts) get relegated? At what point will the Football Leagues regulations come into effect?

Is it still just League 2? How long would a relegated team have to comply and what are the penalties for non-compliance?