Bluedylan1 wrote: ↑Sun Mar 31, 2024 6:53 pm
My thinking is sell them for say somewhere between £150-180m and reinvest something like £40m on their replacements. Look, I know it's not easy to do that and not get worse, but that's the challenge isn't it? Other clubs find great deals, there's no reason we can't. We don't even use Onana properly, so that's not going to be a huge miss.
There's no reason we couldn't get Ross Barkley on a free for example. He's on about 40k a week at Luton. Maybe he would get a better club than us, but there are deals out there. We're just gonna have to be creative and better.
Maybe hire a manger who improves players and improves their values. Maybe that's another idea that other clubs do.
It's a great plan apart from the needing to recruit well and hiring a progressive manager who's able to work with what he has whilst developing players. I understand other clubs do it, but if that's what we need I hold no hope of us pulling anything close to that off.
I think the only way out of this for us is to sell to some dodgy middle eastern state that is happy to spend a billion quid and any points deduction we received wouldn't matter because we'd be so far away from danger it wouldn't matter.
AjaxAndy wrote: ↑Sun Mar 31, 2024 6:58 pm
It's a great plan apart from the needing to recruit well and hiring a progressive manager who's able to work with what he has whilst developing players. I understand other clubs do it, but if that's what we need I hold no hope of us pulling anything close to that off.
I think the only way out of this for us is to sell to some dodgy middle eastern state that is happy to spend a billion quid and any points deduction we received wouldn't matter because we'd be so far away from danger it wouldn't matter.
Hopefully this 777 thing falls through, and the other interested party that keeps getting mentioned in the press is able to do something.
I do think when you look at our recruitment recently, it STILL hasn't been good enough. They all need to work, and hit the ground running. I've defended Beto, and I still think he's a decent player but can we really be spending £40m on him and Chermiti, a project player? I know the fees are staggered, but it's still money going out. Danuma brought in and barely used. Harrison not really improving us, while you look at a player like Elanga on loan at Forest, giving them thrust and threat.
Bluedylan1 wrote: ↑Sun Mar 31, 2024 6:53 pm
My thinking is sell them for say somewhere between £150-180m and reinvest something like £40m on their replacements. Look, I know it's not easy to do that and not get worse, but that's the challenge isn't it? Other clubs find great deals, there's no reason we can't. We don't even use Onana properly, so that's not going to be a huge miss.
There's no reason we couldn't get Ross Barkley on a free for example. He's on about 40k a week at Luton. Maybe he would get a better club than us, but there are deals out there. We're just gonna have to be creative and better.
Maybe hire a manger who improves players and improves their values. Maybe that's another idea that other clubs do.
Thats 1 season though. We might have to do it 3 or 4 seasons running
777Kidnappings wrote: ↑Sun Mar 31, 2024 7:08 pm
Thats 1 season though. We might have to do it 3 or 4 seasons running
Yep. Thankfully same as lots of clubs around Europe have to.
Look, obviously it's a grim state of affairs at the moment, and there may be further lows to come. We'll have to see. I'm just thinking of ways to at least make some steps forward.
Bluedylan1 wrote: ↑Sun Mar 31, 2024 7:11 pm
Yep. Thankfully same as lots of clubs around Europe have to.
Look, obviously it's a grim state of affairs at the moment, and there may be further lows to come. We'll have to see. I'm just thinking of ways to at least make some steps forward.
It's not though. There's not any clubs around Europe (or very few) who already have a poor team and need to make 100m a year plus in transfers just to avoid points deductions and administration. We've already got 2 ffp breaches and I think it's a near certainty we'll have the next 2 years breaching it too. It's absolutely not the same as other teams. It requires a miracle from here
Bluedylan1 wrote: ↑Sun Mar 31, 2024 7:11 pm
Yep. Thankfully same as lots of clubs around Europe have to.
Look, obviously it's a grim state of affairs at the moment, and there may be further lows to come. We'll have to see. I'm just thinking of ways to at least make some steps forward.
I genuinely don't really have a club (if you couldn't guess) but from here and posting 100m plus of losses each year without sales..... would we not be better off just going into administration now. Accepting relegation and starting again from a manageable financial position??
It does all beg another question of ffp. The club is in real financial trouble now. Surely its not a good look for them to just repeatedly punish us. At this point we probably can't avoid breaches. They could potentially bankrupt the club with the punishments
777Kidnappings wrote: ↑Sun Mar 31, 2024 7:15 pm
It's not though. There's not any clubs around Europe (or very few) who already have a poor team and need to make 100m a year plus in transfers just to avoid points deductions and administration. We've already got 2 ffp breaches and I think it's a near certainty we'll have the next 2 years breaching it too. It's absolutely not the same as other teams. It requires a miracle from here
Not at the same financial level, no. But still the method is buy relatively cheap and sell high. Can't see any other method of magically producing money, aside from new stadium revenues eventually.
Seems like 777 are bad news, so hopefully this other buyer comes into the picture at some point.
777Kidnappings wrote: ↑Sun Mar 31, 2024 7:20 pm
I genuinely don't really have a club (if you couldn't guess) but from here and posting 100m plus of losses each year without sales..... would we not be better off just going into administration now. Accepting relegation and starting again from a manageable financial position??
It does all beg another question of ffp. The club is in real financial trouble now. Surely its not a good look for them to just repeatedly punish us. At this point we probably can't avoid breaches. They could potentially bankrupt the club with the punishments
Honestly I don't know. I don't know all of the ramifications of that, aside from the points deduction.
777Kidnappings wrote: ↑Sun Mar 31, 2024 7:15 pm
It's not though. There's not any clubs around Europe (or very few) who already have a poor team and need to make 100m a year plus in transfers just to avoid points deductions and administration. We've already got 2 ffp breaches and I think it's a near certainty we'll have the next 2 years breaching it too. It's absolutely not the same as other teams. It requires a miracle from here
If we survive relegation this, sell Onana and Branthwaite in the summer and replace with frees/loans/minimal expenditure we'll avoid PSR next season. It'll also give us a buffer for the season after.
The big one is the interest payments. The PL have stated that any new owner has to clear outstanding debts to MSP, or if as per reports last night that MSP may be in a position to take possession of the club in a few weeks due to the terms of their loan then they'd have to clear the money lent by 777, and turn them all into equity stakes. With those gone, and after next season a new completed stadium as an asset to leverage against, and a change to the PSR rules it might be survivable. But we've got to see out this and next season.
777Kidnappings wrote: ↑Sun Mar 31, 2024 7:20 pm
I genuinely don't really have a club (if you couldn't guess) but from here and posting 100m plus of losses each year without sales..... would we not be better off just going into administration now. Accepting relegation and starting again from a manageable financial position??
It does all beg another question of ffp. The club is in real financial trouble now. Surely its not a good look for them to just repeatedly punish us. At this point we probably can't avoid breaches. They could potentially bankrupt the club with the punishments
How does Administration help us when all our debts are secured against what few assets we have, the new stadium company and Moshiri's holding company?
Bluedylan1 wrote: ↑Sun Mar 31, 2024 7:23 pm
Honestly I don't know. I don't know all of the ramifications of that, aside from the points deduction.
I don't know but we are gonna get 2 points deductions this year and then probably 1 every year going forward. All to asset strip the squad every year to just about avoid administration. If there's a 100m plus shortfall each season now then realistically maybe we just bite the bullet. No it now and we can have 3 points deductions in the same season.
Goaljira wrote: ↑Sun Mar 31, 2024 7:27 pm
How does Administration help us when all our debts are secured against what few assets we have, the new stadium company and Moshiri's holding company?
The £150m we owe 777 is unsecured so if we did go in to administration they'd be the last in the queue for getting anything if I'm understanding that right.
Goaljira wrote: ↑Sun Mar 31, 2024 7:25 pm
If we survive relegation this, sell Onana and Branthwaite in the summer and replace with frees/loans/minimal expenditure we'll avoid PSR next season. It'll also give us a buffer for the season after.
The big one is the interest payments. The PL have stated that any new owner has to clear outstanding debts to MSP, or if as per reports last night that MSP may be in a position to take possession of the club in a few weeks due to the terms of their loan then they'd have to clear the money lent by 777, and turn them all into equity stakes. With those gone, and after next season a new completed stadium as an asset to leverage against, and a change to the PSR rules it might be survivable. But we've got to see out this and next season.
Will we avoid psr next season?? 89m this year. 45 last?? We would need to make 29m to avoid it. We lost 90 while selling Gordon. So the first 120m from sales and the money saved from gomes and Ali would cover the 90 and 40 we got for Gordon. So by my very basic math we are gonna need to sell them for about 150m and buy no one just to avoid the ffp sanction
If not administration would we be as well stripping the playing squad this summer. Sell anyone we can. Replace them as cheaply as we can and see if we can survive on a luton budget. Can we really afford to have a 40m keeper on 100k a week in our financial position. Maybe we need to go extreme to try and avoid a slow death. Obviously every chance that just relegates us anyway
Also the other problem is going to be we still haven't started paying for the strikers we signed last season. That's 40m we don't have for signings that we've already spent on unsuccessful signings
