SUMMER TRANSFER BUDGET

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Re: SUMMER TRANSFER BUDGET

by P!ssed Off » 05 Apr 2013 14:24

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Yes, but this would not be a Summer transfer budget. What you're suggesting would be a budget lasting a period of many years.
If you managed a business that was set a year's budget of £30M then you would not say "but I must factor in the ten years after this", there will be another budget for each year in the ten years after your first budget.

For a player on a four-year contract:
The 1st year's wages affect the 1st year's budget.
The 2nd year's wages affect the 2nd year's budget.
The 3rd year's wages affect the 3rd year's budget.
The 4th year's wages affect the 4th year's budget.

Without wanting to sound patronising: I hope this clears up the misunderstanding.

Yes, Redknapp is an idiot but the bigger idiots are the Portsmouth owners that signed off on his transfer dealings. QPR is different in that their owners probably can afford to waste hundreds of millions per season.

TLDR: If Zingarevich gives Adkins a budget of £30 million for next season, then this money is the budget for only next season, we do not have to attempt to preserve this money until the end of time.


I do hope they don't do it your way. You would look pretty stupid to do your budgeting like that. What happens in your scenario when you get to yr 4 and the player is unaffordable? Of course the calculations should be done on a whole life (ie whole life of the contract) basis or you just stack up financial problems that accrue later.


If he is unaffordable when you get to year 4 then you sell them, or others, to make ends meet.

The point is that business is an ongoing process. The wage budget is either worked out weekly or per year, it is certainly not based on the aggregate number of years left on contracts * wages. What would you do in year 2's wage budget: exclude somebody's wages for that current year, because you counted them last year?

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Re: SUMMER TRANSFER BUDGET

by P!ssed Off » 05 Apr 2013 14:30

Alexander Litvinenko
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Alexander Litvinenko Never mind the transfer budget? What about the wages budget?

Sign one player for £5M and pay them 50k a week on a 4-year contract and that's over half of your £30M budget gone.


Nonsense. If Adkins is given a budget of £30 million for next season then your claim is wrong.

The budget is a yearly budget. For example, if I am given a total budget for next season of £10 million, I could get one player on a free and pay them £10 million per year on a 1000 year contract and I will still not have exceeded my budget for next season.

The length of contract is irrelevant whether it is a 1 year contract or a 10 year contract.
If I was presented with a four year budget, which is obviously not the case, then I would factor in wage expenditure over the whole four years.

Sign one player for £5 million and pay them 50k a week on a 4-year contract and that is a maximum of ~£7.5 million gone from next season's £30M budget. This is 1/4 of the budget. If current wages < wage budget THEN < £7.5M will be gone from next season's total budget.



If that's the case, then your yearly budget also has to include the salary commitments to players already at the club.... In which case £30M will hardly meet existing commitment, let alone buy anyone new.


No, obviously if the £30 million budget touted is correct then this will be new money i.e. not going on current expenses. The total budget I was talking about in the above comment was similarly about cash injection.

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Re: SUMMER TRANSFER BUDGET

by P!ssed Off » 05 Apr 2013 14:37

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West Stand Man
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Yes, but this would not be a Summer transfer budget. What you're suggesting would be a budget lasting a period of many years.
If you managed a business that was set a year's budget of £30M then you would not say "but I must factor in the ten years after this", there will be another budget for each year in the ten years after your first budget.

For a player on a four-year contract:
The 1st year's wages affect the 1st year's budget.
The 2nd year's wages affect the 2nd year's budget.
The 3rd year's wages affect the 3rd year's budget.
The 4th year's wages affect the 4th year's budget.

Without wanting to sound patronising: I hope this clears up the misunderstanding.

Yes, Redknapp is an idiot but the bigger idiots are the Portsmouth owners that signed off on his transfer dealings. QPR is different in that their owners probably can afford to waste hundreds of millions per season.

TLDR: If Zingarevich gives Adkins a budget of £30 million for next season, then this money is the budget for only next season, we do not have to attempt to preserve this money until the end of time.


I do hope they don't do it your way. You would look pretty stupid to do your budgeting like that. What happens in your scenario when you get to yr 4 and the player is unaffordable? Of course the calculations should be done on a whole life (ie whole life of the contract) basis or you just stack up financial problems that accrue later.


If he is unaffordable when you get to year 4 then you sell them, or others, to make ends meet.

The point is that business is an ongoing process. The wage budget is either worked out weekly or per year, it is certainly not based on the aggregate number of years left on contracts * wages. What would you do in year 2's wage budget: exclude somebody's wages for that current year, because you counted them last year?

Yes, the Board will take costs that will accrue into account, but they will do this before setting next season's budget, not after.
For example, if they want to inject £45M into the club over 4 seasons, they might give £30M the first season (mainly to go on transfers) and then £5M each season after that to cover the wages of the new players. They would not simply give the manager £50M right at the start of the 4 years and expect him to work out wages four years in advance and trust him not to blow all the money at once, unless they were stupid.

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Re: SUMMER TRANSFER BUDGET

by Alexander Litvinenko » 05 Apr 2013 15:55

Great! As I now don't have to worry about next year's mortgage payments in my financial planning - even though I'm contractually committed to making them - I can buy myself a new car.

This time next year if I suddenly discover I can't afford payment on both the house and the car I can always sell one of them.

Or go bankrupt, of course.

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Re: SUMMER TRANSFER BUDGET

by Man Friday » 05 Apr 2013 16:03

Mike Hunt I would think that he would need 10-15 million in transfer budget, to challenge for promotion straight away. If the club is happy with a slow burn rebuild, then 5-10 million would be a good starting point.

Problem is, fickle owner will not want a slow burn rebuild...

Amended for correctness.


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Re: SUMMER TRANSFER BUDGET

by melonhead » 05 Apr 2013 16:17

i guess a situation where the yearly budget thing could work is when you bring in large set profits each season.
when you make a loss, its likely there isntgoing to be a massive pot of yearly money just given away to you

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Re: SUMMER TRANSFER BUDGET

by Muskrat » 05 Apr 2013 16:30

Well any money made available directly via the Bank of Zingaravic is likely to be in the form of loans to the club, repayable on promotion to the PL or some such similar arrangement so it's time to test his mettle and see how much he is actually willing to back his new man.

Also I would have thought that seeing as Adkins was second choice behind Poyet, and apparently turned the job down initially, that a fairly large wedge was waved under his nose to temp him here, as we know he isn't averse to spending a few quid.

Having said that it's as much about who we can tempt to come here as anything else, so on that basis I'd be surprised if we spent more than about £5 million in the summer :|

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Re: SUMMER TRANSFER BUDGET

by melonhead » 08 Apr 2013 11:28

dontreally see much of a need to.

get shot of the big earners, replace with decent quality. bring in more in jan, and youre already half way there.
if you go up you get another lot of players and your evolution is complete.


i lol at the idea of getting a prem squad to get us up. you need a championship squad to get up, and then a prem squad to keep us up.
cos prem quality playwers gop to the prem. not the championship.
our issue this season wasnt that our squad was a championship squad last year.

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Re: SUMMER TRANSFER BUDGET

by urz13 » 09 Apr 2013 16:07

Would like to see us keep Pog if possible as I think he could flourish under Adkins. Guthrie I'm not so sure about, but I think we need to get rid of a couple in midfield. Sell Gunter as well, he's a waste of space.


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Re: SUMMER TRANSFER BUDGET

by Pepe the Horseman » 09 Apr 2013 16:10

Gunter will be the best right back in the league next season.

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Re: SUMMER TRANSFER BUDGET

by Tommy Youlden's Ears » 09 Apr 2013 16:12

Pepe the Horseman Gunter will be the best right back in the league next season.


If he grows a pair over the summer

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Re: SUMMER TRANSFER BUDGET

by RockheadRumple » 11 Apr 2013 01:28

Pepe the Horseman Gunter will be the best right back in the league next season.


+1, Gunter and McLeary on the right (Kebe bought by Wigan, surely) to tear it up next season!

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Re: SUMMER TRANSFER BUDGET

by royal67 » 11 Apr 2013 09:13

Pepe the Horseman Gunter will be the best right back in the league next season.



Sorry but this a laughable statement.... If he is so great, why hasn't he played in the majority of ganes this season? His defensive positioning is bordering on amateur sometimes. Cummings is a more consistent RB than Gunter, offers more defensively and is as good going forward. I wouldn't say that Kelly is the answer either but at least he appears vaguely competant as a defender.......


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Re: SUMMER TRANSFER BUDGET

by Pepe the Horseman » 11 Apr 2013 09:20

royal67
Pepe the Horseman Gunter will be the best right back in the league next season.



Sorry but this a laughable statement.... If he is so great, why hasn't he played in the majority of ganes this season? His defensive positioning is bordering on amateur sometimes. Cummings is a more consistent RB than Gunter, offers more defensively and is as good going forward. I wouldn't say that Kelly is the answer either but at least he appears vaguely competant as a defender.......

You're a laughable statement.

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Re: SUMMER TRANSFER BUDGET

by madstadblues » 11 Apr 2013 10:24

How much do we think we would get for the players we would let go ?

Pog
Church (free but isn't there a rule regarding age and contract expiry)
Pearce (as above) 18k per week = 1 Mill per year no chance
Guthrie ?
Tabb
Blackman

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Re: SUMMER TRANSFER BUDGET

by royal67 » 11 Apr 2013 11:10

Pepe the Horseman
royal67
Pepe the Horseman Gunter will be the best right back in the league next season.



Sorry but this a laughable statement.... If he is so great, why hasn't he played in the majority of ganes this season? His defensive positioning is bordering on amateur sometimes. Cummings is a more consistent RB than Gunter, offers more defensively and is as good going forward. I wouldn't say that Kelly is the answer either but at least he appears vaguely competant as a defender.......

You're a laughable statement.


Proper playground come back.... :lol:

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Re: SUMMER TRANSFER BUDGET

by under the tin » 11 Apr 2013 11:27

melonhead you need a championship squad to get up, and then a prem squad to keep us up.


I disagree. Our success in 2007 was built on having a settled team that were used to playing together in the championship.
Seems to me that having to upgrade numerous players upon promotion affects unity, puts the club on the back foot because the new boys have to bed in, and risks the "QPR syndrome".
I believe this was Brian's thinking this season, the trouble is,he overestimated how well his title winning team would cope with the step up in level.
In 2006/7, we had the real deal, this time, we didn't.

An expensive rebuild now will reap dividends should we go back up. The financial rewards of achieving it are there.

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Re: SUMMER TRANSFER BUDGET

by Extended-Phenotype » 15 Apr 2013 13:32

Not saying anybody is wrong here, but why would total wages of contract come out of one summers budget? Surely a £5m transfer on 40k a week would only impact the budget for that year, i.e. 40k x 52 = £2.08m (£7.08m total).

Unless we are paying players their wages up front in one lump sum.

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Re: SUMMER TRANSFER BUDGET

by P!ssed Off » 15 Apr 2013 15:06

Extended-Phenotype Not saying anybody is wrong here, but why would total wages of contract come out of one summers budget? Surely a £5m transfer on 40k a week would only impact the budget for that year, i.e. 40k x 52 = £2.08m (£7.08m total).

Unless we are paying players their wages up front in one lump sum.


Save your breath. I tried to tell them, they wouldn't listen.

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Re: SUMMER TRANSFER BUDGET

by Extended-Phenotype » 15 Apr 2013 15:11

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Extended-Phenotype Not saying anybody is wrong here, but why would total wages of contract come out of one summers budget? Surely a £5m transfer on 40k a week would only impact the budget for that year, i.e. 40k x 52 = £2.08m (£7.08m total).

Unless we are paying players their wages up front in one lump sum.


Save your breath. I tried to tell them, they wouldn't listen.


...and now they are dead.

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