Not much money in the summer

[Cypry]

This is all b*ll*cks! We had a fund in the Summer and it was not all used. If we are in relegation problems when the January window starts, given the finances available in the Prem next season, our owners may suddenly find money!

Sorry, but what "fund" are you talking about?

As far as I remember, there was speculation in one national newspaper (Daily Mail?) that McD had a fund of £15M....is that what you're talking about?

If it is, then you should realise that it was simply paper talk, and wasn't corroborated anywhere else whatsoever...

Repeatedly you've talked about us not spending as much as was available, yet other than this one piece of SPECULATION I've not see any other source which put a value on what we had to spend...

As has previously been pointed out in the thread, we probably spent a total of somewhere between £11M and £12M on new players in the Summer,and that doesn't take into account new contracts for some of th existing squad, so perhaps £15M total spend wasn't too far shy of the mark. Add to that the ongoing investment in infrastructure, particularly in the training ground/academy, and it's obvious to anyone with a modicum of intelligence that TSI have invested, and invested significantly, over the Summer, but they've done it in a sustainable way rather than simply spunking cash on "marquee" signings to keep the less educated fan happy...

[melonhead]

id imagine 15 million would be easily eaten up with fees, wages and signing on fees for all the players we bought
they always said that AZ ownership would just mean that we'd carry on the same way, but just wouldnt have to sell our best players every summer, and would be able to buy the odd player when required

[Ian Royal]

That's well over £11-12m for this summers signings.

Yet some fans, and remarkably older fans, still grumble.

Yeah and you have to remember most of the Clubs spent this much PLUS signing on fees/extras etc. So your point?

We don't have the financial resouces to spend as much as them because we won't bet the farm on not getting relegated. Anton has never indicated he would be a rich sugardaddy happy to just throw his money away funding crazy spending. He wouldn't have bought us if that was his plan, he'd have bought a basketcase club.

[Friday's Legacy]

When did the club say there was going to be a lot of money invested in the playing staff?

The club repeatedly played down that we would spend big. They have said we will continue to be prudent in the transfer market, and in the future will hope the academy provides more first.

Cool, so what's changed, since you said this?

I think we all need to realise that we're a very different football club under Anton Zingarevich's ownership. All the talk about not breaking the bank and not vastly increasing wage budgets etc is just to try and prevent other clubs from upping their evaluations of players when they know Reading are interested. Behind the scenes we are more than prepared to compete with the majority of clubs in the Premier League

What is the point you're trying to make? Without AZ we would not have spent in excess of £12m this summer to bring in the players we did, and we certainly wouldn't have got the quality we did either.

We have spent, for us, an ambitious amount. Pogrebnyak is on approx £38k a week. You wouldn't have seen that under Sir John's ownership.

To get Pogrebnyak in we had to offer a substantial amount. Fulham admitted they couldn't compete with it, and they are a middle of the road Premier League club. Financially we made an offer that could compete with around 13 of the 19 Premier League clubs.

[grey_squirrel]

Cannot believe people are blind to see the obvious.

What Madejski could or wouldn't afford is completely irrelevant. Completely different times. Completely different circumstances. Completely different era.

In any industry to survive or thrive you need to at least compete with your contemparies.

IF Anton has shelled out £12M then with Sky money, increased sponsorship, marketing, rights, commercialism etc, then he is still massively in pocket as we speak. Forget the increased wages argument. I am sure Hammond/Howe learnt from last time we went up and ensured our 'Championship' incumbent players are not breaking the bank this time.

Fulham couldn't compete with us on Pog. Oh yeah? Yet they bought/signed Berbatov - a proven Premiership/International goal scorer over many years. Sold us down a river maybe?

Not advocating spending stupid money. No way. Just whether you like it or not, survivial (=success) depends on competing with your peers and whether you like it or not, it is already being proven we are failing because we haven't - or anywhre near.

[Ian Royal]

IF Anton has shelled out £12M then with Sky money, increased sponsorship, marketing, rights, commercialism etc, then he is still massively in pocket as we speak. Forget the increased wages argument. I am sure Hammond/Howe learnt from last time we went up and ensured our 'Championship' incumbent players are not breaking the bank this time.

Showing a basic lack of understanding of football finances there.

[Wimb]

Will drop this back in here

http://www.thetilehurstend.com/2012/07/ ... -question/

Only one team has spent as little as we have since 2006 (on transfer fees) during a first season in the Premier League and gone on to survive, ourselves back in 2006/07. However, that 'transfer fees' line is a massive disclaimer because as Ian and others have said, that doesn't take into account the wage spends. It's also important to remember we've got January as well to take into account.

[Ian Royal]

Will drop this back in here

http://www.thetilehurstend.com/2012/07/ ... -question/

Only one team has spent as little as we have since 2006 (on transfer fees) during a first season in the Premier League and gone on to survive, ourselves back in 2006/07. However, that 'transfer fees' line is a massive disclaimer because as Ian and others have said, that doesn't take into account the wage spends. It's also important to remember we've got January as well to take into account.

And as we all know, spending on wages has a much higher correlation with finishing position than transfer spending.

[Harpers So Solid Crew]

And as we all know overall spending is the real figure to look at. Which is skewed by clubs like Pompy spending money they could never repay, at least last time we could pay down any debt with fees for players, this time we dont , YET, have any players that other Prem clubs will come and buy if we go down.

[Ian Royal]

And as we all know overall spending is the real figure to look at. Which is skewed by clubs like Pompy spending money they could never repay, at least last time we could pay down any debt with fees for players, this time we dont , YET, have any players that other Prem clubs will come and buy if we go down.

Really? You don't think anyone would buy Pog? Or Guthrie?

[Harpers So Solid Crew]

Buy or sign, I would think maybe sign, but probably not buy, I would not be at all surprised if both had clauses to leave for free should we get relegated. Hence we can afford the wages, but not have a risk of a loss.

If RFC have a bad season and they do not seem up to this league then who knows.

[Ian Royal]

Buy or sign, I would think maybe sign, but probably not buy, I would not be at all surprised if both had clauses to leave for free should we get relegated. Hence we can afford the wages, but not have a risk of a loss.

If RFC have a bad season and they do not seem up to this league then who knows.

I'd be shocked if we were stupid enough to give them a free transfer clause for relegation.

[Harpers So Solid Crew]

So if Pog is on £38k a week as suggested you think we could afford that on relegation?


we paid no fee so why should they expect us to receive one, unless we improved their stock, which is not that likely.

[SPARTA]

So if Pog is on £38k a week as suggested you think we could afford that on relegation?


we paid no fee so why should they expect us to receive one, unless we improved their stock, which is not that likely.

All players carry a value. Of course we'd sell if he was still under contract! And you seem to ignore that he will have received a few million for his signing on fee, and his agent also received a significant fee.

[Ian Royal]

So if Pog is on £38k a week as suggested you think we could afford that on relegation?


we paid no fee so why should they expect us to receive one, unless we improved their stock, which is not that likely.

No I expect him to have a relegation wage reduction clause.

You don't really understand how transfers work do you. He was a free agent, so we didn't have to pay anyone. He wouldn't be a free agent at the end of the season, so someone would have to pay us to sign him and take his registration.

[RoyallyFcuked]

So if Pog is on £38k a week as suggested you think we could afford that on relegation?


we paid no fee so why should they expect us to receive one, unless we improved their stock, which is not that likely.

what an absoLOLutely embarrassing comment

[Harpers So Solid Crew]

So if Pog is on £38k a week as suggested you think we could afford that on relegation?


we paid no fee so why should they expect us to receive one, unless we improved their stock, which is not that likely.

No I expect him to have a relegation wage reduction clause.

You don't really understand how transfers work do you. He was a free agent, so we didn't have to pay anyone. He wouldn't be a free agent at the end of the season, so someone would have to pay us to sign him and take his registration.

Much as you dont understand how contracts work, it is perfectly feasable that there is a free transfer clause in for relegation. Basically a get out clause for no fee, much like Hunty had a £5m, which he reduced at one negotiation.

[Harpers So Solid Crew]

So if Pog is on £38k a week as suggested you think we could afford that on relegation?


we paid no fee so why should they expect us to receive one, unless we improved their stock, which is not that likely.

what an absoLOLutely embarrassing comment

Feel free to explain why? Or dont you do discusion?

[Ian Royal]

So if Pog is on £38k a week as suggested you think we could afford that on relegation?


we paid no fee so why should they expect us to receive one, unless we improved their stock, which is not that likely.

No I expect him to have a relegation wage reduction clause.

You don't really understand how transfers work do you. He was a free agent, so we didn't have to pay anyone. He wouldn't be a free agent at the end of the season, so someone would have to pay us to sign him and take his registration.

Much as you dont understand how contracts work, it is perfectly feasable that there is a free transfer clause in for relegation. Basically a get out clause for no fee, much like Hunty had a £5m, which he reduced at one negotiation.

No, I understand how they work. And having a clause to release one of our best players on a free transfer on relegation would be absolutely retarded.

[redscot]

Ian: Many clubs were fighting for Pogs signature. Reading won. Do you think Pog aspires to play Championship football? Or course not, so he has most likely demaned a get out cause in his contract. Anything other would be strange.