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Thread: Smoke and mirrors of wages in Rafa's budget.

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  1. #1
    Join Date
    May 2009
    Posts
    946
    Quote Originally Posted by ex_pat_magpie View Post
    Look at the wages in the linky below and let's take Sissoko as a high wages example (there are many more). We are told that Sissoko was sold for £35 million in payment stages. Now Sissoko's wages were £75,000 per week or just under £4 million per year.

    http://www.tsmplug.com/football/newc...salaries-2015/

    My point is that if Rafa is given funds of say as an example £50 million to include incoming players fee plus the entire contract of wages, using a simple example of a £10 million player, five year contract of £40,000 per week which is another £10 million over the 5 year contract then £20 million has been used from the transfer fund.

    My point is that when Sissoko went to Spurs he had about 4+ years left on his 6.5 year contract with us thus saving £16 million on the wages bill.

    Surely then wages out saved should be factored in against wages in on an incoming player.
    This is something that has always struck me as being a typical Ashley smokescreen. Any player leaving even if he is out of contract saves us a wage bill, because we no longer pay that salary. I know we have to pay their replacements so there is a cheques and balance thing going on. But I reckon our wage bill is a lot less now than when Ashley took over but that money is never mentioned when discussing transfer budgets . I also know we have running costs but they are a constant, so why cant saved wages be added to our transfer budget

  2. #2
    Join Date
    Jan 2011
    Posts
    25,830
    Quote Originally Posted by malamoto View Post
    This is something that has always struck me as being a typical Ashley smokescreen. Any player leaving even if he is out of contract saves us a wage bill, because we no longer pay that salary. I know we have to pay their replacements so there is a cheques and balance thing going on. But I reckon our wage bill is a lot less now than when Ashley took over but that money is never mentioned when discussing transfer budgets . I also know we have running costs but they are a constant, so why cant saved wages be added to our transfer budget
    Exactly, the cost of maintaining and running the stadium is a constant, with the exception being unforseen adjustments there for any surplus income above ticket income ought to be available to the club to assist with the running costs.

    A set top figure should be agreed with the club accountants to cover all wages and Rafa told that this figure is what he can work within and out goers wages, released added in.

    That's what a transfer budget would mean exactly that. £Xmillion amount to pay for players he wants and wages within the structure which the club can afford already allocated and costed in.
    Last edited by ex_pat_magpie; 20-06-2018 at 01:15 PM.

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