Deleted
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Post by Deleted on May 3, 2017 19:15:57 GMT
DC seemed quite relaxed about the fact he was meeting with our owners in a couple of weeks to discuss the budget for next season. I don't see a problem with that considering Championship and League two clubs seasons do not finish until this weekend and the majority of clubs retained lists etc have not yet seen the light of day. If DC is taking a couple of weeks off now, I personally don't have a problem with that. Let the man recharge his batteries and come back raring to go, knowing his budget and probably his main targets. He then has plenty of time before pre season to bring in the 10 or 11 players he has said he wants to bring to the club. UTG!
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Budget
May 3, 2017 20:27:16 GMT
Post by Langford Gas on May 3, 2017 20:27:16 GMT
See the people who attended the AGM said that the budget would be discussed in 2 weeks. Was wondering why it hasn't been decided on already. How can DC plan properly, if he does not know how much he has to spend. Plus players are signing for clubs already, like Miller to Peterborough, we might not have been interested, but if we were, how can we compete if we don't know how much we can spend. Might miss out on early targets etc. Might be waiting to see what happens with Uwe first. If we agree a deal and get it signed etc, then surely we can increase the budget. If we can't agree a deal, then it will remain low and DC will probably be off. I'm not so sure that there isn't a little bit of ambiguity over this budget lark, I'm pretty sure listening to Lee Mansell on hanging up his boots and taking on a coaching role, he said that they had discussed a player coach role but it didn't fit in with the budget , anyone else hear that and draw the same conclusions ?
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Budget
May 3, 2017 21:19:24 GMT
via mobile
Post by Hugo the Elder on May 3, 2017 21:19:24 GMT
See the people who attended the AGM said that the budget would be discussed in 2 weeks. Was wondering why it hasn't been decided on already. How can DC plan properly, if he does not know how much he has to spend. Plus players are signing for clubs already, like Miller to Peterborough, we might not have been interested, but if we were, how can we compete if we don't know how much we can spend. Might miss out on early targets etc. Might be waiting to see what happens with Uwe first. If we agree a deal and get it signed etc, then surely we can increase the budget. If we can't agree a deal, then it will remain low and DC will probably be off. I'm not so sure that there isn't a little bit of ambiguity over this budget lark, I'm pretty sure listening to Lee Mansell on hanging up his boots and taking on a coaching role, he said that they had discussed a player coach role but it didn't fit in with the budget , anyone else hear that and draw the same conclusions ? Maybe player money is different to staff money?? As player/coach he has to be part of overall squad costs or something?
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Budget
May 4, 2017 4:20:08 GMT
Post by STRONG,SECURE, STABLE on May 4, 2017 4:20:08 GMT
Just to lay down some truth: Wage budget is based on the current season, not as previously stated the previous season. this is to allow clubs who have significant investment or a large unexpected income (FA Cup run, Player sale)the flexibility to make changes. investment as donations count as the same income type as any other revenue (normally categorized as match-day, commercial, Broadcasting), so if DC wants a higher budget the AQs could inject money but that would be non refundable rather than the loans we have received so far (probably explains the meeting to discuss how much donation will be put in clubs can spend 60% of their turnover on player wages, everything else including staff wages are outside of that and does not count towards FFP or the "playing budget" Transfer spend also doesnt count (Partingtons fee didnt effect the "playing budget" only the final profit/loss in the accounts) Promotion to the championship removes the 60% limit and hikes the permitted losses to a mind blowing £13Million,elegation to league 2 reduces the % to 55% Sources: My knowledge and www.financialfairplay.co.uk/scmp.php , www.financialfairplay.co.uk/financial-fair-play-explained.php
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Budget
May 4, 2017 6:23:44 GMT
Post by gastronaut on May 4, 2017 6:23:44 GMT
Just to lay down some truth: Wage budget is based on the current season, not as previously stated the previous season. this is to allow clubs who have significant investment or a large unexpected income (FA Cup run, Player sale)the flexibility to make changes. investment as donations count as the same income type as any other revenue (normally categorized as match-day, commercial, Broadcasting), so if DC wants a higher budget the AQs could inject money but that would be non refundable rather than the loans we have received so far (probably explains the meeting to discuss how much donation will be put in clubs can spend 60% of their turnover on player wages, everything else including staff wages are outside of that and does not count towards FFP or the "playing budget" Transfer spend also doesnt count (Partingtons fee didnt effect the "playing budget" only the final profit/loss in the accounts) Promotion to the championship removes the 60% limit and hikes the permitted losses to a mind blowing £13Million,elegation to league 2 reduces the % to 55% Sources: My knowledge and www.financialfairplay.co.uk/scmp.php , www.financialfairplay.co.uk/financial-fair-play-explained.phpWell reasoned and forcefully put, in keeping with that attractive profile pic.
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Marshy
Proper Gas
Posts: 14,123
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Post by Marshy on May 4, 2017 6:27:01 GMT
Just to lay down some truth: Wage budget is based on the current season, not as previously stated the previous season. this is to allow clubs who have significant investment or a large unexpected income (FA Cup run, Player sale)the flexibility to make changes. investment as donations count as the same income type as any other revenue (normally categorized as match-day, commercial, Broadcasting), so if DC wants a higher budget the AQs could inject money but that would be non refundable rather than the loans we have received so far (probably explains the meeting to discuss how much donation will be put in clubs can spend 60% of their turnover on player wages, everything else including staff wages are outside of that and does not count towards FFP or the "playing budget" Transfer spend also doesnt count (Partingtons fee didnt effect the "playing budget" only the final profit/loss in the accounts) Promotion to the championship removes the 60% limit and hikes the permitted losses to a mind blowing £13Million,elegation to league 2 reduces the % to 55% Sources: My knowledge and www.financialfairplay.co.uk/scmp.php , www.financialfairplay.co.uk/financial-fair-play-explained.phpWell reasoned and forcefully put, in keeping with that attractive profile pic. I don't understand why he has turned himself into a horse?
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Budget
May 4, 2017 6:43:09 GMT
RD likes this
Post by peterparker on May 4, 2017 6:43:09 GMT
I'm sure DC & Wael will have already spoken, no doubt at some length, about what's needed for next season, the retained list agreed, deals offered to our out of contract players and initial targets drawn up. The actual figures are already known, they are hardly going to sit around a table in two weeks and make drastic changes are they?? That's what I would have thought. But Dc has mentioned finding out about the budget a number of times lately and said we need to invest now and push on. So does not sound like he knows how much he will have. I am sure DC has a rough idea what his budget might be. He will know what the current squad are on and what will be taken up if the players take up their offers, but I imagine DC is trying to eek out some more. "I need X if you want y". No different to any other manager.
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Post by Topper Gas on May 4, 2017 7:42:27 GMT
"probably explains the meeting to discuss how much donation will be put in" 🤔
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Budget
May 4, 2017 14:12:47 GMT
Post by STRONG,SECURE, STABLE on May 4, 2017 14:12:47 GMT
"probably explains the meeting to discuss how much donation will be put in" 🤔 I guess im missing the point of your comment, usually quotes are followed by a point... Are you disagreeing that WAQ would invest? Do you know something ive missed/overlooked that makes my comment stupid? Did you dislike my review of FFP rules? How do you see the current financial situation? All comments i make are based on the stuff i know, im not ITK but a lot of information is out there if you look hard enough. I just wanted to push the conversation towards a conclusion based on facts and the new rules, hopefully i helped reduce the worries of some fellow gasheads, whilst also informing them and others. My sincerest of apologies if my comment was not up to your standards or offended you, i hope you found the rest of it informative and i will try to be less controversial in future to avoid upsetting you again topper
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Deleted
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Budget
May 4, 2017 14:48:45 GMT
Post by Deleted on May 4, 2017 14:48:45 GMT
"probably explains the meeting to discuss how much donation will be put in" 🤔 I guess im missing the point of your comment, usually quotes are followed by a point... Are you disagreeing that WAQ would invest? Do you know something ive missed/overlooked that makes my comment stupid? Did you dislike my review of FFP rules? How do you see the current financial situation? All comments i make are based on the stuff i know, im not ITK but a lot of information is out there if you look hard enough. I just wanted to push the conversation towards a conclusion based on facts and the new rules, hopefully i helped reduce the worries of some fellow gasheads, whilst also informing them and others. My sincerest of apologies if my comment was not up to your standards or offended you, i hope you found the rest of it informative and i will try to be less controversial in future to avoid upsetting you again topper You'll probably get a gaschat award for that response to Topper. Topper will reply when he/she has worked out how to worry or not understand something about it.
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Budget
May 4, 2017 16:21:37 GMT
Post by STRONG,SECURE, STABLE on May 4, 2017 16:21:37 GMT
I guess im missing the point of your comment, usually quotes are followed by a point... Are you disagreeing that WAQ would invest? Do you know something ive missed/overlooked that makes my comment stupid? Did you dislike my review of FFP rules? How do you see the current financial situation? All comments i make are based on the stuff i know, im not ITK but a lot of information is out there if you look hard enough. I just wanted to push the conversation towards a conclusion based on facts and the new rules, hopefully i helped reduce the worries of some fellow gasheads, whilst also informing them and others. My sincerest of apologies if my comment was not up to your standards or offended you, i hope you found the rest of it informative and i will try to be less controversial in future to avoid upsetting you again topper You'll probably get a gaschat award for that response to Topper. Topper will reply when he/she has worked out how to worry or not understand something about it. I look forward to both my award and Toppers response haha
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Deleted
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Budget
May 4, 2017 16:49:29 GMT
Post by Deleted on May 4, 2017 16:49:29 GMT
I had a pet Budgie once ,it was blue.
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Deleted
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Budget
May 4, 2017 16:54:56 GMT
Post by Deleted on May 4, 2017 16:54:56 GMT
I had a pet Budgie once ,it was blue. But could the Budgie say Budget?
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Deleted
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Post by Deleted on May 4, 2017 17:02:23 GMT
I had a pet Budgie once ,it was blue. But could the Budgie say Budget? He Tweeted a lot...was head of his time. I thought budget was some fancy pants saying budgie in a French accent.
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Budget
May 4, 2017 17:25:38 GMT
via mobile
Post by faggotygas on May 4, 2017 17:25:38 GMT
Just to lay down some truth: Wage budget is based on the current season, not as previously stated the previous season. this is to allow clubs who have significant investment or a large unexpected income (FA Cup run, Player sale)the flexibility to make changes. investment as donations count as the same income type as any other revenue (normally categorized as match-day, commercial, Broadcasting), so if DC wants a higher budget the AQs could inject money but that would be non refundable rather than the loans we have received so far (probably explains the meeting to discuss how much donation will be put in clubs can spend 60% of their turnover on player wages, everything else including staff wages are outside of that and does not count towards FFP or the "playing budget" Transfer spend also doesnt count (Partingtons fee didnt effect the "playing budget" only the final profit/loss in the accounts) Promotion to the championship removes the 60% limit and hikes the permitted losses to a mind blowing £13Million,elegation to league 2 reduces the % to 55% Sources: My knowledge and www.financialfairplay.co.uk/scmp.php , www.financialfairplay.co.uk/financial-fair-play-explained.phpVery good, if I may add? A 'donation' sounds altruistic, like a donation to charity, but it's not. The Al Qadi family owns the club (almost) outright, so any donation will increase the value of their asset by the same amount (because it's not a loan), therefore their overall wealth would remain largely the same. It will, however, tie up cash that may be more usefully employed elsewhere. When you are as rich as them, investment decisions are about useful allocation of liquidity, of course.
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Budget
May 4, 2017 17:41:00 GMT
Post by BrightonGas on May 4, 2017 17:41:00 GMT
Just to lay down some truth: Wage budget is based on the current season, not as previously stated the previous season. this is to allow clubs who have significant investment or a large unexpected income (FA Cup run, Player sale)the flexibility to make changes. investment as donations count as the same income type as any other revenue (normally categorized as match-day, commercial, Broadcasting), so if DC wants a higher budget the AQs could inject money but that would be non refundable rather than the loans we have received so far (probably explains the meeting to discuss how much donation will be put in clubs can spend 60% of their turnover on player wages, everything else including staff wages are outside of that and does not count towards FFP or the "playing budget" Transfer spend also doesnt count (Partingtons fee didnt effect the "playing budget" only the final profit/loss in the accounts) Promotion to the championship removes the 60% limit and hikes the permitted losses to a mind blowing £13Million,elegation to league 2 reduces the % to 55% Sources: My knowledge and www.financialfairplay.co.uk/scmp.php , www.financialfairplay.co.uk/financial-fair-play-explained.phpInteresting points, but I cant take anyone seriously with a profile picture like that! I want to be sick...
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Deleted
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Budget
May 4, 2017 17:44:49 GMT
Post by Deleted on May 4, 2017 17:44:49 GMT
"probably explains the meeting to discuss how much donation will be put in" 🤔 I guess im missing the point of your comment, usually quotes are followed by a point... Are you disagreeing that WAQ would invest? Do you know something ive missed/overlooked that makes my comment stupid? Did you dislike my review of FFP rules? How do you see the current financial situation? All comments i make are based on the stuff i know, im not ITK but a lot of information is out there if you look hard enough. I just wanted to push the conversation towards a conclusion based on facts and the new rules, hopefully i helped reduce the worries of some fellow gasheads, whilst also informing them and others. My sincerest of apologies if my comment was not up to your standards or offended you, i hope you found the rest of it informative and i will try to be less controversial in future to avoid upsetting you again topper I can confirm that post was from topper's account but probably not from the man himself as his posts always include the word 'surely' and a question mark
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Budget
May 4, 2017 18:01:15 GMT
Post by Topper Gas on May 4, 2017 18:01:15 GMT
Just to lay down some truth: Wage budget is based on the current season, not as previously stated the previous season. this is to allow clubs who have significant investment or a large unexpected income (FA Cup run, Player sale)the flexibility to make changes. investment as donations count as the same income type as any other revenue (normally categorized as match-day, commercial, Broadcasting), so if DC wants a higher budget the AQs could inject money but that would be non refundable rather than the loans we have received so far (probably explains the meeting to discuss how much donation will be put in clubs can spend 60% of their turnover on player wages, everything else including staff wages are outside of that and does not count towards FFP or the "playing budget" Transfer spend also doesnt count (Partingtons fee didnt effect the "playing budget" only the final profit/loss in the accounts) Promotion to the championship removes the 60% limit and hikes the permitted losses to a mind blowing £13Million,elegation to league 2 reduces the % to 55% Sources: My knowledge and www.financialfairplay.co.uk/scmp.php , www.financialfairplay.co.uk/financial-fair-play-explained.phpVery good, if I may add? A 'donation' sounds altruistic, like a donation to charity, but it's not. The Al Qadi family owns the club (almost) outright, so any donation will increase the value of their asset by the same amount (because it's not a loan), therefore their overall wealth would remain largely the same. It will, however, tie up cash that may be more usefully employed elsewhere. When you are as rich as them, investment decisions are about useful allocation of liquidity, of course. This post explains my "thinking" emoji. Although not sure donating £1m would increase the value of the club by that sum as it would depend on how DC spent the money, as if we're still a just a top 10 side this time next season then BRFC1883 wouldn't be worth anymore than they are today but the £1m would have gone, if it had all been spent on 1 year deals?
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Deleted
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Budget
May 4, 2017 18:04:48 GMT
Post by Deleted on May 4, 2017 18:04:48 GMT
Better
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Budget
May 5, 2017 12:36:38 GMT
Post by faggotygas on May 5, 2017 12:36:38 GMT
Very good, if I may add? A 'donation' sounds altruistic, like a donation to charity, but it's not. The Al Qadi family owns the club (almost) outright, so any donation will increase the value of their asset by the same amount (because it's not a loan), therefore their overall wealth would remain largely the same. It will, however, tie up cash that may be more usefully employed elsewhere. When you are as rich as them, investment decisions are about useful allocation of liquidity, of course. This post explains my "thinking" emoji. Although not sure donating £1m would increase the value of the club by that sum as it would depend on how DC spent the money, as if we're still a just a top 10 side this time next season then BRFC1883 wouldn't be worth anymore than they are today but the £1m would have gone, if it had all been spent on 1 year deals? It would immediately increase the value of the club by £1m, as there would be £1m cash in the bank.
I believe players are often valued by their purchase value amortised over the length of the contract. So any player bought for £500,000 would, for the first year, have a value of £500,000. At the end of the contract they would have a value of £0. I think that this is one of the reasons why players are given new contracts in the Prem when only 2 years through a 5 year contract - it revalues them in the accounts.
I'm no expert though.
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