Our finances

[Davy500]

He was, kept it simple & was the engine in midfield. Notts seem to do better with cheap signings. Chris Withe, Ady Thorpe, Nicky Platanuer, Dean Thomas 175k, Kevin Bartlett 150k to name a few. Glenn Roeder would have been cheap @150k but that is another story as we know.

Not sure you can really compare this eg Kevin Barlett 150K , that was in 1990 , in todays money that would be around 3 million,

probably more as the general price of buying players has gone up dramatically from that time, so anywhere from 6 to 9 million for today would be my guess, so hardly cheap

[SwalePie]

Not sure you can really compare this eg Kevin Barlett 150K , that was in 1990 , in todays money that would be around 3 million

Did you mean in terms of economic inflation or in 'football money' terms? In terms of inflation it's about £230k now but in footie tranfer terms you could well be right!

[countygump]

Did you mean in terms of economic inflation or in 'football money' terms? In terms of inflation it's about £230k now but in footie tranfer terms you could well be right!

Top players in the UK were going for 4, 5 mill in 1990-91. Is it possible to make a comparison with that?


https://en.wikipedia.org/wiki/Progre...fer_fee_record

[slack_pie]

Really interesting that and shows what a beast Steve Bull was ha ha.

I swear Steve Bull scored all of Wolves' goals during the late 80s and early 90s.

[Davy500]

Did you mean in terms of economic inflation or in 'football money' terms? In terms of inflation it's about £230k now but in footie tranfer terms you could well be right!

Yes Football money terms.
Barlett played for west Brom before joining us, well looking today at simalar players at west brom to barlett,they receiving 2 to 3 million in wages each season, and cost around 6 million to bring to the club

[Biker9999]

I've heard this mentioned before. Have we any proof of this, however flimsy?

Yes go on the internet and keep looking using the owners names. I found details of their fathers busineses which was complex through holding compsnies etc but it is clear we are looking at billionair status

[Old_pie]

Are we going to do this every few months? Ref the Dad, Peter Reedtz

https://boards.footymad.net/showthread.php?t=38261743

and for the lazy

https://www.marketscreener.com/busin...N-E/biography/

and for the lazier - Daddy is a rich man - FACT.

[Davy500]

Are we going to do this every few months? Ref the Dad, Peter Reedtz

https://boards.footymad.net/showthread.php?t=38261743

and for the lazy

https://www.marketscreener.com/busin...N-E/biography/

and for the lazier - Daddy is a rich man - FACT.

Alan Hardy recently on his time at Notts County

At a lower-league club, how do you achieve success and still balance the books?

Unless you’re incredibly skilled in developing and selling talent to make the club self-sufficient, I don’t believe it’s possible to run an EFL club without having a philanthropic owner propping it up financially. To a degree, I saw that as my role – to put something back into a club that I truly loved. Our attendances, sponsorship and pre-match dining was off the scale, but we still struggled massively to balance the books.

[Davy500]

Another example of clubs living neyond their means, just propped up financially by rich owners

In March 2018, Sheffield Wednesday released their financial results for the 2016/17 season, the one which ended in that penalty heartache in the play-off semis. Having lost £9.8m the previous season, where they’d gone even closer by losing to Hull in the play-off final, their annual losses more than doubled to £20.8m as wages shot up 52% from £19.3m to £29.3m. With salaries running at £564,000 per week, the wage-to-turnover ratio accelerated from 88% to 126%.

the latest Premier League TV deal had bumped up parachute payments from £26m in 2015/16 to £42m. Accordingly, for the same season, Villa’s wage bill was £61m – more than double Wednesday’s. Villa also spent an eye-watering £88m on transfers in a doomed attempt to bounce straight back to the land of milk and money. They would, in time, face their own fiscal reckoning. And they would be far from alone, within their own division and even city.

[Davy500]

At that time, League rules stated that second-tier clubs could lose no more than £3m per season, or £6m with owner investment. Unlike their strikers, Bournemouth rather missed the target with a £38.4m loss, mostly through wages of £30.4m running at 235% of their £12.9m turnover. Having originally been expected to pay a fine of £7.6m, the Cherries coughed up just £4.75m.

And that wasn’t even the slimmest settlement of 2018. In February, the League and Leicester had finally reached agreement over a suitable punishment for the Foxes’ overspend en route to the Championship title in 2014, when they had somewhat missed the £8m target by racking up a £34m loss (albeit tweaked to £21m via a deal, investigated and cleared by the League, in which a new company called Trestellar – so small they didn’t have a website or telephone number – sold the sponsorship of the club’s shirt and stadium to, er, its owners King Power). Nearly four years, a Premier League title and a Champions League quarter-final later, Leicester paid the League a £3.1m settlement.

So that’s three successive Championship winners, rampantly overspending en route to Premier League riches, fined £17m, £4.75m and £3.1m. Remember those numbers when the much bigger cash prizes are mentioned next May.