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Transfers January Transfer Thread 24/25
- Thread starter Billy Bob mate
- Start date
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There it is, in plain sight, Levy isn't even attempting to compete with Chelsea, Liverpool or the scum.
That wage bill makes it indisputable where the ceiling of his ambition for this football club is.
The owners back pocket?
It's not going on the stadium and that's structured to not effect us. Not on transfers only one other place it's going.
They are actual parasites
Our interest per year is around £22m. Our net debt is £677m which equal about £35m per year as the debt is mostly 20 year bonds. So that is around say £57m let’s round it to £60m. That would equal about 10% of revenue. Although this is very prudent as it assumes we are putting the money aside to pay both the interest and principle when we of course could roll the bonds over in 20 years. We have to pay the interest but we can refinance the principle at some stage. Either way it’s very manageable and shouldn’t limit us significantly.
Perisic, Hojbjerg, Dier, Lloris were 4 of our top earners. Emerson would have been on a decent wedge as well. Only Solanke would be on similar. Will be well below 40% now.
Probably best we keep our powder dry.
Prudent financial management. Who needs football when we have accounting trophies.
Don’t ignore the big uptick in revenue - think it’s an extra 15+ games which increases revenue by what, 40M? That’s almost an 8% increase alongside a maybe 8% reduction in wages so we could be less than 30% of revenue
I don’t think we pay that annually at all - might be wrong
Fair point. Defeat to Leicester changes that tho and they need to hit panic
No it’s bullet but some stipulations are that you need to save the amount so you can pay on maturity. Not sure we have or haven’t got that.
Levy’s pay is an outlier vs peers but are they actually taking money out? Possibly but almost certainly investing in infrastructure
We have 200M in bank for that purpose - it’s one requirement on the bonds/debt
Wow forgot about that yeh we could get it down to the 35% range.
I don’t see them taking money out at least cash. They are simply not investing any of their own money but letting the club itself (ie us the fans) make the investments in the stadium /hotels then taking the growth via the rise in the asset value. So they will be taking money just not until they sell and make an absolute fortune. However it appears they are not spending all the money we make as our cash account is growing. It’s very difficult to compete with other clubs running this type of model like boxing with one arm tied behind your back.
What infrastructure? We have bought and paid for it all with the loans the club needs nothing else. It's either being horded or siphoned simple as
At least you're honest about your position. Respect for that.
For those who've spent years frothing at the mouth yelling at me. "there's no such thing as a Levy supporter!".... take note
Forgot Lo Celso, Sess and Ndombele as well. Even Skipp probably earnt more than some of our younger signings. Plus extra revenue from Europe this year, maybe pushing 30%