Rumour has it.............

[Dave Sutton's barnet]

Cheers Tango. Thought it was tonight, which is our wedding anniversary - almost bought the missus a ticket as a present...

[Dave Sutton's barnet]

On that basis, he'll probably be brilliant, then return whence he came in double-quick time, leaving us to lament poor Dougie "if only that one had been permanent....". Again.

Well, quite, m'friend. I'm sure he'd rather be buying than borrowing. In fact, for all the bluster, I bet he has plenty of regrets about how things have turned out. He certainly doesn't look like a man who rests easily of an evening.

[LeverEnd]

Cheers Tango. Thought it was tonight, which is our wedding anniversary - almost bought the missus a ticket as a present...

Look, if it's not working just be honest and tell her. There's no need for that kind of cruelty.

[wigan white]

Cheers Tango. Thought it was tonight, which is our wedding anniversary - almost bought the missus a ticket as a present...

Look, if it's not working just be honest and tell her. There's no need for that kind of cruelty.

[bobo the clown]

On that basis, he'll probably be brilliant, then return whence he came in double-quick time, leaving us to lament poor Dougie "if only that one had been permanent....". Again.

Well, quite, m'friend. I'm sure he'd rather be buying than borrowing. In fact, for all the bluster, I bet he has plenty of regrets about how things have turned out. He certainly doesn't look like a man who rests easily of an evening.

Good.

He's fckd my sleep pattern up I ddon't see why he should escape that.

[Worthy4England]

I daresay that all the loanees that are coming in, and the supposedly cheap transfers, are actually costing a lot more than anyone seems to have bargained for.

As a for example, the transfer fee of young Clayton is around £300k. Assuming we have a unified budget (and with all the pissing and moaning about FFP I don't see why not) thats around £6k a week in wages. Obviously, that doesn't include his wages. And thats for a 20 year old who has hardly kicked a ball in a year. Thats just one of the seemingly endless conveyer belt of players. That are, allegedly, costing us nothing.

Of course, we haven't got any money. Apart from when we have.

Not sure anyone has suggested we're not paying wages. Broadly FFP says the following:

1) You can't make a loss of more than £8m
2) You can't make a loss of more than £3m if the owner isn't willing to inject equity of up to £5m
3) Losses below £3m don't count
4) The fine for not meeting it is £6.6m capped (for the first £10m above £8m loss on a sliding scale)
5) More than £18m loss, then the fine is pound for pound - so if last years accounts were this years, we'd have to stump up £6.6m + £33m - nearly £40m

So yes, it's effectively a "unified budget".

Just to give some level of "oh shit"ness to this. We currently pay around £7.5m in admin fees on various loans (or did last year). So there's your £8m in one hit.

We earned around £35m so we could only spend £35m (loan excluded) and still stay within the rules.

Last season we lost £43m (so Gross Loss not including admin fees) - so broadly that's what we need to save out of this years "unified budget" to meet FFP.

Effectively we're more than halving what we spend (after making large inroads last year too) - or we have made a decision that we're going to pay some fine and suffer a transfer embargo...

[Dave Sutton's barnet]

I daresay that all the loanees that are coming in, and the supposedly cheap transfers, are actually costing a lot more than anyone seems to have bargained for.

As a for example, the transfer fee of young Clayton is around £300k. Assuming we have a unified budget (and with all the pissing and moaning about FFP I don't see why not) thats around £6k a week in wages. Obviously, that doesn't include his wages. And thats for a 20 year old who has hardly kicked a ball in a year. Thats just one of the seemingly endless conveyer belt of players. That are, allegedly, costing us nothing.

Of course, we haven't got any money. Apart from when we have.

Not sure anyone has suggested we're not paying wages. Broadly FFP says the following:

1) You can't make a loss of more than £8m
2) You can't make a loss of more than £3m if the owner isn't willing to inject equity of up to £5m
3) Losses below £3m don't count
4) The fine for not meeting it is £6.6m capped (for the first £10m above £8m loss on a sliding scale)
5) More than £18m loss, then the fine is pound for pound - so if last years accounts were this years, we'd have to stump up £6.6m + £33m - nearly £40m

So yes, it's effectively a "unified budget".

Just to give some level of "oh shit"ness to this. We currently pay around £7.5m in admin fees on various loans (or did last year). So there's your £8m in one hit.

We earned around £35m so we could only spend £35m (loan excluded) and still stay within the rules.

Last season we lost £43m (so Gross Loss not including admin fees) - so broadly that's what we need to save out of this years "unified budget" to meet FFP.

Effectively we're more than halving what we spend (after making large inroads last year too) - or we have made a decision that we're going to pay some fine and suffer a transfer embargo...

...at which point we'll be glad our kids got some experience out on loan.

[Worthy4England]

There are some exclusions to what's counted, that I suspect we might need to be as creative as we can, about...

- Depn on Fixed Assets
- Youth Development Costs - which might account for us signing yoofs.
- Community Development Schemes (I think I've head some ra, ra, about us being a community Club over the last few months)
- LOLZ - promotion related bonus payments...

[CAPSLOCK]

I daresay that all the loanees that are coming in, and the supposedly cheap transfers, are actually costing a lot more than anyone seems to have bargained for.

As a for example, the transfer fee of young Clayton is around £300k. Assuming we have a unified budget (and with all the pissing and moaning about FFP I don't see why not) thats around £6k a week in wages. Obviously, that doesn't include his wages. And thats for a 20 year old who has hardly kicked a ball in a year. Thats just one of the seemingly endless conveyer belt of players. That are, allegedly, costing us nothing.

Of course, we haven't got any money. Apart from when we have.

Not sure anyone has suggested we're not paying wages. Broadly FFP says the following:

1) You can't make a loss of more than £8m
2) You can't make a loss of more than £3m if the owner isn't willing to inject equity of up to £5m
3) Losses below £3m don't count
4) The fine for not meeting it is £6.6m capped (for the first £10m above £8m loss on a sliding scale)
5) More than £18m loss, then the fine is pound for pound - so if last years accounts were this years, we'd have to stump up £6.6m + £33m - nearly £40m

So yes, it's effectively a "unified budget".

Just to give some level of "oh shit"ness to this. We currently pay around £7.5m in admin fees on various loans (or did last year). So there's your £8m in one hit.

We earned around £35m so we could only spend £35m (loan excluded) and still stay within the rules.

Last season we lost £43m (so Gross Loss not including admin fees) - so broadly that's what we need to save out of this years "unified budget" to meet FFP.

Effectively we're more than halving what we spend (after making large inroads last year too) - or we have made a decision that we're going to pay some fine and suffer a transfer embargo...

Aren't this seasons earnings likely to be sub 10 million, and that includes the loss making hotel?

[Worthy4England]

We make around £9m (or did last year) without any Broadcasting money.

I've no idea how much we'll get in Broadcasting this year - our income last year was broadly

£9m - ST's, Corporate Hospitality, Sponsorship etc.
£19m - Broadcasting (which I'm guessing includes parachute payments)
£6m - Hotel

Bit of rounding there which is why it doesn't add up entirely to £35m.

I think the £19m will reduce (as Championship Clubs get around £2.0m from broadcasting) and £2.3m of what's called "solidarity payments". In addition, we'll get 25% of whatever the parachute payments are (so around half what we got last year - as I understand it). So we'd expect to be down I think around £9m on broadcasting...

[Beefheart]

We make around £9m (or did last year) without any Broadcasting money.

I've no idea how much we'll get in Broadcasting this year - our income last year was broadly

£9m - ST's, Corporate Hospitality, Sponsorship etc.
£19m - Broadcasting (which I'm guessing includes parachute payments)
£6m - Hotel

Bit of rounding there which is why it doesn't add up entirely to £35m.

I think the £19m will reduce (as Championship Clubs get around £2.0m from broadcasting) and £2.3m of what's called "solidarity payments". In addition, we'll get 25% of whatever the parachute payments are (so around half what we got last year - as I understand it). So we'd expect to be down I think around £9m on broadcasting...

The hotel is loss making as well, so hardly even worth including.

[thebish]

all of which is why Tony Pulis is awake at night waiting for our phone call!!

[Worthy4England]

all of which is why Tony Pulis is awake at night waiting for our phone call!!

We can give him lodgings cheaply, in the hotel. It makes good sense.

[Lord Kangana]

Does anybody know what the business strategy is for the hotel btw? I hear that all is not rosy in the garden. Its just what I hear.

[EverSoYouri]

... & for all the talk of his mega wages and how we had to unload him because we couldn't afford him there is no way that Millwall would be paying him top drawer money.

hmmm... it's a lot easier to offer a player lower wages when he has been unemployed for a few months than it is to lower the wages of a player currently under contract... but then, you know this!

Just in case he doesn't...

http://en.wikipedia.org/wiki/Reserve_army_of_labour

[EverSoYouri]

Cheers Tango. Thought it was tonight, which is our wedding anniversary - almost bought the missus a ticket as a present...

Look, if it's not working just be honest and tell her. There's no need for that kind of cruelty.

[Lord Kangana]

[pedantry]Anyway, he wasn't under contract. Hence why he left. So its a whole lot easier to lower the wages of someone in Eagles position, than say, someone who wasn't. [/pedantry]

[Tombwfc]

Saturday - Bemoans the amount of short term loanees.
Monday - Signs a short-term loanee.

maybe cos he has no other option?? what did you expect?

Saturday - Bemoans the amount of short term loanees.
Monday - Signs Suarez. ??

Are they his only options?

His complaint was that his desire to play a settled side keeps getting ruined by loan players he's brought in then going back. He's currently got two fullbacks who he's just signed (Moxey and McNaughton), a player who he'll fit in anywhere across the back four (Ream) and two youngsters (Kellet and Threlkeld). Plus White and Riley who he's sent out on loan.

That's seven full-backs, all of whom he could play week in week out all season if he wanted to, without any danger of any of them going back to a parent club.

He was talking out of his arse. Precisely zero loan players have gone back since the start of the season and he still makes three changes a game.

[Hoboh]

Saturday - Bemoans the amount of short term loanees.
Monday - Signs a short-term loanee.

maybe cos he has no other option?? what did you expect?

Saturday - Bemoans the amount of short term loanees.
Monday - Signs Suarez. ??

Are they his only options?

His complaint was that his desire to play a settled side keeps getting ruined by loan players he's brought in then going back. He's currently got two fullbacks who he's just signed (Moxey and McNaughton), a player who he'll fit in anywhere across the back four (Ream) and two youngsters (Kellet and Threlkeld). Plus White and Riley who he's sent out on loan.


That's seven full-backs, all of whom he could play week in week out all season if he wanted to, without any danger of any of them going back to a parent club.

He was talking out of his arse. Precisely zero loan players have gone back since the start of the season and he still makes three changes a game.

He's lost the plot TBH

[Worthy4England]

Does anybody know what the business strategy is for the hotel btw? I hear that all is not rosy in the garden. Its just what I hear.

Without it, we'd lose 17% of our Revenue, but only 4.1% of our losses. I think we'll probably keep it. It did improve slightly between to 2012 and 2013 Accounts....