by Hound » 06 May 2019 16:51
by Zip » 06 May 2019 16:52
by NewCorkSeth » 06 May 2019 16:52
Hound Losing Gourlay is an extra £1m a year...
by Zip » 06 May 2019 16:53
Hound Losing Gourlay is an extra £1m a year...
by muirinho » 06 May 2019 17:02
NewCorkSethSnowflake RoyalNewCorkSeth So if McShane, O'Shea, Jaakkola, Popa, JvdB, Gravenberch and Harriott all leave on a free that's gotta be 60-70k in wages freed up right?
Add into that selling Kelly and Meyler and maybe another 25-30k in wages freed up? Would that really not be enough to turn the financial tide?
Obviously there are other player we could see gone to balance the books and then theres the question of Swift and Moore being possible transfer targets but imagining them staying surely there would be enough left wages wise to sign a couple?
Income is about £18m. Wages are about £30m.
£70k + £30k is £100k a week or £5.2m a year. So only about halfway there.
Cheers for calculating that! I hoped we would be closer and someone could say my estimates on salary were a little generous..
Potentially there is some bonuses in their too for these players?
Looks like shifting Gunter and McCleary is more important than i thought. Both must be on or around 20k a week.
by NewCorkSeth » 06 May 2019 17:06
muirinhoNewCorkSethSnowflake Royal Income is about £18m. Wages are about £30m.
£70k + £30k is £100k a week or £5.2m a year. So only about halfway there.
Cheers for calculating that! I hoped we would be closer and someone could say my estimates on salary were a little generous..
Potentially there is some bonuses in their too for these players?
Looks like shifting Gunter and McCleary is more important than i thought. Both must be on or around 20k a week.
How much do academy lads earn? Mafff had a very long list (33) of players that could/should go - some of them academy. Anybody care to have a go at pricing wages for this lot?
https://twitter.com/maffff/status/1125186559467315200
https://twitter.com/maffff/status/1125186561405067264
He's not even including players already out on loan for part of next season (Mannone and Aloku).
I'd love to keep McCleary and Gunter - but I don't think we can. Unless club can persuade them to take serious salary cuts (Gunter has definitely done this before, but on getting a new contract, not on an existing one)
Lots of the players we'll be moving on are decent players, who've done their best for the club - it won't all be overpaid Gourlay nonsense. Just hope the fanbase treat them with some respect and don't come over all "you were crap anyway"
by muirinho » 06 May 2019 17:09
Zip Ian are you sure that wages are that much higher than income? I know things are bad but those figures are horrible.
by Elm Park Kid » 06 May 2019 17:22
by Snowflake Royal » 06 May 2019 17:25
Zip Ian are you sure that wages are that much higher than income? I know things are bad but those figures are horrible.
by NewCorkSeth » 06 May 2019 17:31
Snowflake RoyalZip Ian are you sure that wages are that much higher than income? I know things are bad but those figures are horrible.
Broadly, if not generous.
I feel like I've been saying every year for at least five years that we need to heavily cut the wage bill, for people to list a handful of players leaving, ignoring the incoming, and claiming that'll have done the job, only to find out 18 months later when the accounts are published that I wasn't far off.
by leon » 06 May 2019 17:32
Snowflake RoyalZip Ian are you sure that wages are that much higher than income? I know things are bad but those figures are horrible.
Broadly, if not generous.
I feel like I've been saying every year for at least five years that we need to heavily cut the wage bill, for people to list a handful of players leaving, ignoring the incoming, and claiming that'll have done the job, only to find out 18 months later when the accounts are published that I wasn't far off.
by Zip » 06 May 2019 17:44
by Brain Traysers » 06 May 2019 17:45
by Zip » 06 May 2019 17:46
NewCorkSethSnowflake RoyalZip Ian are you sure that wages are that much higher than income? I know things are bad but those figures are horrible.
Broadly, if not generous.
I feel like I've been saying every year for at least five years that we need to heavily cut the wage bill, for people to list a handful of players leaving, ignoring the incoming, and claiming that'll have done the job, only to find out 18 months later when the accounts are published that I wasn't far off.
I wish we just knew who was earning what. I mean the summer we signed Aluko must have covered the outgoing wages by himself. Mannone was apparently our highest paid player.
It seems like we make good outgoing transfers and then bring in some overpaid players immediately putting us in the shit.
by Zip » 06 May 2019 17:48
muirinhoZip Ian are you sure that wages are that much higher than income? I know things are bad but those figures are horrible.
Possibly even worse. It was £35.3 million and £17.9 million last year
https://www.getreading.co.uk/sport/foot ... s-16148960
by URZZZZ » 06 May 2019 17:54
ZipNewCorkSethSnowflake Royal Broadly, if not generous.
I feel like I've been saying every year for at least five years that we need to heavily cut the wage bill, for people to list a handful of players leaving, ignoring the incoming, and claiming that'll have done the job, only to find out 18 months later when the accounts are published that I wasn't far off.
I wish we just knew who was earning what. I mean the summer we signed Aluko must have covered the outgoing wages by himself. Mannone was apparently our highest paid player.
It seems like we make good outgoing transfers and then bring in some overpaid players immediately putting us in the shit.
In 2017 we spent a fortune on incomings and I cannot think of a single decent transfer fee we brought into the club. AAH left for not very much and Williams left on a free.
by Zip » 06 May 2019 17:59
URZZZZZipNewCorkSeth I wish we just knew who was earning what. I mean the summer we signed Aluko must have covered the outgoing wages by himself. Mannone was apparently our highest paid player.
It seems like we make good outgoing transfers and then bring in some overpaid players immediately putting us in the shit.
In 2017 we spent a fortune on incomings and I cannot think of a single decent transfer fee we brought into the club. AAH left for not very much and Williams left on a free.
Didn't we sell Beerens for quite a bit - more than we paid for him?
by Snowflake Royal » 06 May 2019 18:00
Zip Surely our income will have been boosted by the sales of Bacuna and Ilori. Plus their wages are off the books along with Edwards too. If Aluko and Mannone’s wages are being paid by the loan clubs then that closes the income/wage gap a little more.
by Brain Traysers » 06 May 2019 18:02
Elm Park Kid The issue is that in any one season you'll have a number of teams receiving parachute payments and a few more whose owners are rolling the dice and spending significantly more than they earn. So even if Reading were able to boost their income up towards those of the 'big boys', in all likelihood our wage budget would still be tens of millions behind the biggest spenders.
We need to go back to basics and just make sure that we have players in every position who meet the minimal standard required in this league. Don't spend £5m on a new forward if you don't have an established left back.
by URZZZZ » 06 May 2019 18:06
ZipURZZZZZip
In 2017 we spent a fortune on incomings and I cannot think of a single decent transfer fee we brought into the club. AAH left for not very much and Williams left on a free.
Didn't we sell Beerens for quite a bit - more than we paid for him?
Yep good call although it was in 2018. The financial damage was in 2017.
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