We need both. Spend big and spend it well. Otherwise we're not catching up to the top 6.
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Transfers Summer Transfer Thread 2023! - Closed (Maybe)
- Thread starter Fattynomates
- Start date
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The issue has been HOW we spend, which has led to a present issue with HOW MUCH we spend.
It’s clear rivals are levelling up, which compounds the history, yet still gives assets with value rises (relative to market), potentially to buffer much (all let’s face it, Hojbjerg, Reguilon, Sanchez will cover Tapsoba, another few would cover initial payment on CB2), of the present impasse.
Do you remember Rivaldo's letter?
Rice is fantastic. 105m fantastic? No but football prices are weird, he's English & was by far West Ham's most iconic player .. that adds a large amount to the transfer fee. Was it worth paying? Arteta obviously thought so and they went out and got who the manager wanted.
https://theanalyst.com/eu/2023/06/declan-rice-Woolwich-man-city-transfer/
This is by far the best analysis of Rice I've seen. Off the ball there isn't anyone better. Seriously, the numbers are insane. On it he's massively underrated and gets involved loads. Work to do there still but he's no pure destroyer.
Would I be happy if we paid 105m for him? Yeah, ecstatic. We'd have England's 2nd name on the teamsheet sorted for years to come. Happy days.
Yep. Did the "right" (hugely annoying) thing in his first few games with all the badge slapping and stirring up the crowd but made a number of mistakes that cost points during the run in.
I was a fan. Hoped we would sign him but now he's just a rent-a-whore badge slapping Gooner - but that's just science.
swiss ramble calculations are correct - but with a year end of June and PL registration date of 1 July, reality is that his wages numbers are one year out.
So y/e June 22 accounts do NOT include summer 2022 transfer ins (and will also be stated net of the amount paid by loanee clubs, eg Ndomble wages might be stated as £10m pa (£200k pw) less £5m paid by Naples - which is fine if we can get another
Best case however is to take y/e 2022 wages and add wages of summer 2022 transfers in PLUS wages of summer 2023 transfers in PLUS an estimate of wages no longer paid by loaning clubs to work out Spurs real gross wages exposure.
And of course revenues in next years accounts may be £100m + less than last year due to no european prize money, tv and matchday revenues etc.
so the wages/revenues ratio might well move a lot - we certainly will NOT be anywhere close to Swiss Ramble's last published ratios.
Got a hiding off the Park Lane too.
Did Levy start off in the typing pool?
What would you say if we could buy the best striker in England for £105m?
I don't
The last thing we need is one of our main rivals getting a 40mil windfall for one of their surplus players
Of course. He went to Milan because he said he didn’t want to play for Brendan Rodgers.
No, seriously. He was within a whisker of signing for a mid table EPL club over, inarguably, one of the best sides in Europe.
Trying very hard not to sound like a suck ass here but the TFC podcast make the exact same point about crazy money for some midfielders and a huge difference to what are considered as a decent player.
If we paid 100M for Declan Rice (as good as I think he is) Life would be just a video game. I'm thinking specifically about hookers and baseball bats.
I think that's more on us than them.
It's just data..... Do what you want with it, but 19/20 is the most logical line to draw.......
The fact is before we moved into the new gaff we had less to spend and were spending a vast amount of what we did draw in on financing approx 50% of the stadium.
Of course; if you'd rather go back to 2001 for us and all our oppo, adjust for revenue, income, national economy inflation and market inflation differentials etc. etc. etc. then be my guest, but I suspect like me; you're not inclined to do so.
However, setting the limit at the time the new stadium opened is reasonable. For one, the stadium depressed spending before we opened in a pretty blatant way. This did not affect our rivals.
Secondly, the new stadium has increased our capacity to spend so the time since then is a better representation of our capacity (and perhaps willingness) to spend.
Of course there are a lot of factors at play here but there is a story behind setting the cut off thatAirfixx @Airfixx did. The data only measures what it measures and doesn’t give a complete picture but it does enough to dispel certain persistant myths around a reluctance to spend.
The stadium certainly explains why we had lower net spend before 2019 than after 2019. I'm not denying that's a key factor.
However, I'd make two points:
1. The fact that our net spend was so much lower than our rivals from 2014-2019 means that the 2019 cut off is misleading when used as a comparator with other clubs, for reasons I've explained.
2. Was the low net spend 2014-2019 only due to stadium costs? It was the lowest in the PL in this time period.
Aye.
Watched too many Roman epics!
The market is what it is. Domestic players (esp ones in the England XI) are insanely over-priced. We got a real bargain with Maddison & the powers that be deserve credit for getting that one done.
I think he (Rice) is one of the best defensive midfielders in Europe & probably future captain material. Is that worth 105m? I dunno, markets fucked.
Neither will other clubs
That's what my wife says.
Define "well". IMHO handbags don't count
Our transfers from 2016 to 2019 were awful - no decent players signed, best are probably Suarez and Moura.
And that means we cannot generate any meaningful sales revenues in recent transfers from players bought in that period because nobody will pay much for Suarez, Ndombele, Lo Celso Sessegnon etc. A huge handicap for us