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Main Discussion - Norwich City
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 13/05/2008, 7:45 PM
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Jimmy Smith
 
Joined on 16/11/2005
Posts 579
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Re: Last 3 years - £19.3m transfer fees incoming - £8.6m transfer fees outgoing
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completely understand we're a championship club and that's how it works,... blah blah blah, however, going back to our premiership season, we hardly spent big, and the big signings we have made have gone on for a profit, even mattias jonson left for what we got him. We also have 15 senior players on the books, i.e lowish wage spending. Obviously, i know it's not a simple as a computer game..., but there's something in this, and I wanna know where the money is, as a few people seem to think we have only £1.5m to spend
Bally Smart, the (wo)man who got away!
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13/05/2008, 7:54 PM
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Jimmy Smith
Joined on 16/11/2005
Posts 579
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Re: Last 3 years - £19.3m transfer fees incoming - £8.6m transfer fees outgoing
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adding to the point above about you calculating £4.5m, we'd also have the standard yearly pot of transfer funds we would earn from season ticket sales, sponsorship and prize money... are you telling me all that (and perhaps more) has been eaten up by wages, maintainence...
Bally Smart, the (wo)man who got away!
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13/05/2008, 8:13 PM
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Carlos Valderrama
Joined on 24/07/2006
Posts 1,115
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Re: Last 3 years - £19.3m transfer fees incoming - £8.6m transfer fees outgoing
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I think this is a good point. £11m transfer shortfall yes, transfer profit to fund the football club is inevitable in this league. But in fairness when you look at the numbers a 4.5m transfer budget is not inconceivable. I still reckon it is going to be about £3m, but spent wisely we could do alright with that. Especially if we can find players like Hoolahan and Gorkss who have release clauses.
Founding member of the Steel 'bet you a million quid' Silver fan club....
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13/05/2008, 11:26 PM
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Mr.Carrow
Joined on 06/12/2003
Posts 1,290
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Re: Last 3 years - £19.3m transfer fees incoming - £8.6m transfer fees outgoing
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 Mello Yello wrote: | |
What about the meagre amount of 'Sky' money that we were given during our flirt with the big guns? What happened to that.....?
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Funny how the paltry sum of £34m can be so easily glossed over isn`t it? I really am starting to wonder as to the motives of some posters on here, some people seem totally incapable- or unwilling- to take a step back and look at the big picture in a logical and unbiased way.
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14/05/2008, 5:14 PM
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Mr.Carrow
Joined on 06/12/2003
Posts 1,290
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Re: Last 3 years - £19.3m transfer fees incoming - £8.6m transfer fees outgoing
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| Mr.Carrow wrote: | | Mello Yello wrote: | |
What about the meagre amount of 'Sky' money that we were given during our flirt with the big guns? What happened to that.....?
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Funny how the paltry sum of £34m can be so easily glossed over isn`t it? I really am starting to wonder as to the motives of some posters on here, some people seem totally incapable- or unwilling- to take a step back and look at the big picture in a logical and unbiased way.
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Another little nugget which many seem to have conveniently forgotten about is that in the first two seasons back down the club made £12m in profits and wasted £2m as a gift to the taxman. Can someone explain to me how it is prudent to throw £2m away when the team is starved of funds and in decline, and how it in any way benefits the club?
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14/05/2008, 5:27 PM
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Trent Canary
Joined on 15/11/2005
Posts 428
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Re: Last 3 years - £19.3m transfer fees incoming - £8.6m transfer fees outgoing
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I blame the wages. Someone a while ago posted our wages/turnover ratio, to say its unhealthy is an understatement. But then so is the vast majority of clubs. Im surprised the sport as a whole gets away with it.
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14/05/2008, 5:57 PM
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Trent Canary
Joined on 15/11/2005
Posts 428
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Re: Last 3 years - £19.3m transfer fees incoming - £8.6m transfer fees outgoing
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| GazzaTCC wrote: |
| Trent Canary wrote: | | I blame the wages. Someone a while ago posted our wages/turnover ratio, to say its unhealthy is an understatement. But then so is the vast majority of clubs. Im surprised the sport as a whole gets away with it. |
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There was an interested quote in the paper (I've been surfing and can't find it) a week or so back, from Deliottes, as part of their annual football survey, suggesting that professional clubs should aim for an ideal scenario where players' wages should be a maximum of 50% of the clubs turnover.
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Thats the general rule for any business Gazza IMO. The stats I read recently had Norwich up around 80% some years, and ive heard that some premiership clubs are the same. Ive always been convinced that the money issues in the game is down to player wages, and its going to take a widespread initiative to curb it, but it wont happen.
http://www.pinkun.com/cs/forums/1182016/ShowPost.aspx -Heres the thread here infact, last year Ipswich had a whopping 95% wages to turnover ratio! Now someone please explain to me how thats sustainable? (There is an answer, but its a very unfair and unethical one)
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14/05/2008, 6:00 PM
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Trent Canary
Joined on 15/11/2005
Posts 428
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Re: Last 3 years - £19.3m transfer fees incoming - £8.6m transfer fees outgoing
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| GazzaTCC wrote: |
| Trent Canary wrote: | | I blame the wages. Someone a while ago posted our wages/turnover ratio, to say its unhealthy is an understatement. But then so is the vast majority of clubs. Im surprised the sport as a whole gets away with it. |
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There was an interested quote in the paper (I've been surfing and can't find it) a week or so back, from Deliottes, as part of their annual football survey, suggesting that professional clubs should aim for an ideal scenario where players' wages should be a maximum of 50% of the clubs turnover.
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Thats the general rule for any business Gazza IMO. The stats I read recently had Norwich up around 80% some years, and ive heard that some premiership clubs are the same. Ive always been convinced that the money issues in the game is down to player wages, and its going to take a widespread initiative to curb it, but it wont happen.
http://www.pinkun.com/cs/forums/1182016/ShowPost.aspx -Heres the thread here infact, last year Ipswich had a whopping 95% wages to turnover ratio! Now someone please explain to me how thats sustainable? (There is an answer, but its a very unfair and unethical one)
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14/05/2008, 6:38 PM
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Mello Yello
Joined on 03/01/2004
Norwich
Posts 3,383
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Re: Last 3 years - £19.3m transfer fees incoming - £8.6m transfer fees outgoing
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Yes, but where's the 'Sky' money GONE!.......![Huh? [:^)]](/cs/emoticons/emotion-18.gif)
"Give 'em enough rope"......
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14/05/2008, 7:06 PM
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lucky green trainers
Joined on 15/11/2005
Posts 2,857
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Re: Last 3 years - £19.3m transfer fees incoming - £8.6m transfer fees outgoing
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| ZippersLeftFoot wrote: | Our annual budget stands up well in the league - its just the managers have not used the budget well; If I recall correctly our budget is in the top third size wise, yet we have failed to finish anywhere near the top 8.
Its the squad and managers that are underperforming... when they need to be outperforming.
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that may have been the case while we were cushioned with chute payments, but i doubt if that was the case last season or certainly next.
for starters, this coming season, theres the 3 relegated clubs - add in watford, sheff utd and charlton - and assuming hull goes up - bristol city. then theres mega rich QPR, wolves with a scouse consortium behind them, then coventry with ray ranson prepared to stump up the readies. then burnley are prepared to add to their squad - trying to bring andrew cole in and others - who are decent earners. then from the prmoted sides, forest have an ambitious chairman. cardiff are in trouble, but have a bigger sqaud budget than us - and will probably get refinanced in the summer. and what about preston - who spent nowt in the summer, and looked relegation candidates, until a new chairman and money meant they could spend in the jan window. and thens theres ipswich - they will probably have more to spend than us. and what bout palace - sure to back warnock after his efforts this year???
in other words - there are likely to be 12-15 other teams who have better financed squads than ours. we are more likely to be competeing with the likes of blackpool and barnsley in terms of budget...A BOTTOM THIRD financed squad, unless we have £6-7m to spend!!!
lets all hope we have at least £4m to spend to give us a dogs chance. its clear, anything less than that puts us well below the spending of most other teams in an increasingly competitive champs league. in short - less than £4m must have as a ambition to escape relegation first, and once acheived look to get as close to the top 6 as poss. imo - this is closer to the truth...
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check out platform 1 - norwich's up and coming alternative indie band. next gigs!!!
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