philipl Posted December 31, 2008 Posted December 31, 2008 John Williams stated in the summer that in light of the new TV money we were on course to make a 4m operating profit and that was after paying off 3m worth of losses from the previous year and exclusive of any sales. We must also have been about 4m up on the summer transfer dealings even if there was a 50% sell on clause on Bentley. Transfer tradings are excluded from the operating profit and loss. Remember that profit and cash are two completely different things.
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T4E Posted December 31, 2008 Posted December 31, 2008 In thats case...........where's the Bentley money?!
philipl Posted December 31, 2008 Posted December 31, 2008 In thats case...........where's the Bentley money?! At the Emirates and White Hart Lane at the moment.
bennyboyt11 Posted December 31, 2008 Posted December 31, 2008 Nicko any truth in the Daily Mail report that a £18m deal for Roque to Man City is to be finalised in the next 24hours?
The Prof. Posted December 31, 2008 Posted December 31, 2008 Actually scratch that: http://www.goal.com/en/news/1711/chelsea/2...r-yacht-reports Just shows the mentality of these owners that they would choose a yacht over one of the best football clubs in the world currently - shows how much of a plaything our Premier League clubs are to these people. I'd keep the yacht!
philipl Posted December 31, 2008 Posted December 31, 2008 Answering T4e's question about how the Bentley deal could well look like: Transfer fee £15m basic + £2m if certain conditions are met- the only possible one looking it might be fulfilled would be Spuds selling Bentley on. Unless Rovers did a special deal, between 25% and 50% of the £15m would have been paid upfront and the balance is payable in installments. So £3m About 20% of every deal leaks out in tax and agent and player payments £6m From £12m profit, 50% payable to Arsenal if it was a 50% pay-on as suggested by Nicko £6m Certainly not yet payable by Spurs to Rovers £0m Received and retained by Rovers Another reason why we should have superglued Bentley to Brockhall.
The Prof. Posted December 31, 2008 Posted December 31, 2008 Luis Garcia...your man Ballague is trying to find him a club in England...avoid. Diouf...why would anyone want him?...sorry...ask the Bolton people who had him last season. Grella...he was worth the money, wasn't he? Roque...still down to Man City sorting out their internal politics...there is a price...they know it...but they have not bid. How odd. Spurs badges...I don't draw the pages. City have been quite good at trying to upset the Ewood apple cart by 'bidding' for players since they came up - usually near a game with us. This should be stopped. RSC seems to want to go so I expect that will happen. Just wondering -who do you think fits the 'can play, could pay, would come' bill at Rovers? What do you estimate Allardyce's transfer budget will finally be if RSC goes? We seem to be selling players for a lot and scratting round on the cheap to buy. Surely Allardyce should be given a real chance to keep us up by a serious investment. £25m is I feel reasonable post RSC and with a number clubs looking to seriously offload I think the new manager could do some serious business just now. It might never be quite such a 'buyers' market again and could propel us into the top 6 again if it comes off.
T4E Posted December 31, 2008 Posted December 31, 2008 £15m + £2m Unless Rovers did a special deal, between 25% and 50% of the £15m would have been paid upfront and the balance is payable in installments. So £3m About 20% of every deal leaks out in tax and agent and player payments £6m From £12m profit, 50% payable to Arsenal if it was a 50% pay-on as suggested by Nicko £6m Certainly not yet payable by Spurs to Rovers £0m Received and retained by Rovers Another reason why we should have sperglued Bentley to Brockhall. Crikey - you think we've had NONE of the Bentley cash? If we're going to put these release clauses in contracts we should atleast stipulate cash up front.
The Prof. Posted December 31, 2008 Posted December 31, 2008 Crikey - you think we've had NONE of the Bentley cash? If we're going to put these release clauses in contracts we should atleast stipulate cash up front. If this is right I think it needs clearly explaining for FANS BY THE CLUB.
LDRover Posted December 31, 2008 Posted December 31, 2008 If that's true it's an astounding piece of mismanagement at the club. Absolutely breathtaking that you can let your best player leave and have nothing to show for it. Mind boggling. I'm with you prof, it's high time someone from the club gave the fans an idea of where we actually stand financially. Do we have to sell to survive now? If that's the case let us know so we can all lower our expectations accordingly.
stuwilky Posted December 31, 2008 Posted December 31, 2008 Do you have to bother pulling me up on semantics? It's not as if I think that John Williams and the trustees are going to secretly sneak the money into their back pockets or something. tcj, rather than specifically you - some posters on this messageboard believe that the trust secrete millions of pounds in their pockets from the money Rovers get from transfers. WE have just made a 7m operating profit. And I have money left in the bank before my mortgage payment goes out.
my_name_is_Earl Posted December 31, 2008 Posted December 31, 2008 I would imagine if we sell Roque, Sam would have between fifteen and twenty million at a guess. After reading some of the figures for an intial budget quoted and some estimates of the Bentley deal as well as selling Roque for roughly eighteen million pounds, that is what I would estimate we have to spend. Now, this budget could be stretched to the summer depending on whether we stay up or not and for possible championship reinforcements should the situation arise so I would imagine we may be parting with roughly half of that which is about eight million pounds in this window. Now, knowing Sam's previous history in the market with Bolton and with the fact that the club is not guaranteed premiership status next season, I would imagine he may bring a couple of players in on loan or on short term contracts with minimal transfer fees involved. This would leave us spending, at a guess, four million pounds in the window bringing in maybe three or four quality players that will keep us up. Having saved so much money on transfer fees of the original estimate of between fifteen and twenty million pounds, Sam will be able to spend his money even more wisely in the summer bringing in a couple of bigger names. For me, this situation would be ideal. Any thoughts?
Bazzanotsogreat Posted December 31, 2008 Posted December 31, 2008 tcj, rather than specifically you - some posters on this messageboard believe that the trust secrete millions of pounds in their pockets from the money Rovers get from transfers. And I have money left in the bank before my mortgage payment goes out. 200-250k per month is not 7 million & I am pretty sure that the overdraft re-payment will be included in the annual accounts as expenditure. The 7 million will be exclusive of all expenditure
Hughesy Posted December 31, 2008 Posted December 31, 2008 Surely if the deal broke down like Philip said then we wouldnt allow Arsenal there cut any quicker than we received ours? Therefore they would get £3m maybe upfront (half) and £3m later like us? I cannot see it possible that they will of got £6m already, yet we got nothing. So £7m operating profit - what about profits on sales/ buying of players Phil - does it not show that in the accounts??
Al Posted December 31, 2008 Posted December 31, 2008 I just don't buy half the Roque money being absorbed in running costs. Where does the 'running costs' money come from if we DON'T sell him. It would be found from somewhere, so if I was in Sam's shoes I would be saying that if he doesn't get all the money there will be no transfer.
alexanders Posted December 31, 2008 Posted December 31, 2008 Nicko, anything thoughts about Ooijer's future? Lots of speculation.
stuwilky Posted December 31, 2008 Posted December 31, 2008 200-250k per month is not 7 million & I am pretty sure that the overdraft re-payment will be included in the annual accounts as expenditure. The 7 million will be exclusive of all expenditure £7m exclusive of all expenditure? 250k? what is that figure Sorry bazza, youve lost me. And I think we're both in line for a slap on the wrists at some point.
mark1875 Posted December 31, 2008 Posted December 31, 2008 i dont want to spoil the fun or anything lol - but this thread is going off topic again! the profits/loss discussion isnt really for nicko's thread? the mods are really getting annoyed now at the silly posts being put on this thread!! come on people - think before you post - we dont want people getting banned until the end of january as the mods have stated will happen!!!!
Ricky Posted December 31, 2008 Posted December 31, 2008 Echo what mark has just said. If you want to discuss the finances do so on an appropriate thread. Some people have already been banned until the end of the transfer window and we'll continue to do so. Back on topic please, and as Nicko hasn't posted anything today I guess there's nothing to talk about on thios thread.
Backroom DE. Posted December 31, 2008 Backroom Posted December 31, 2008 BFS just on SSN saying there's been no bid for Santa Cruz.
philipl Posted December 31, 2008 Posted December 31, 2008 If this is right I think it needs clearly explaining for FANS BY THE CLUB. At the time we were selling him and subsequently, I argued that the club should not be selling Bentley irrespective of how stroppy he got. Nobody would listen when I explained then that the club was not going to get any early cash benefit from the deal. I have simply repeated what I wrote on here last June and July.
thenodrog Posted December 31, 2008 Posted December 31, 2008 This is what I fear will happen with our transfers. We sell Roque for 18m and end up having only 10m to use for transfers, making the original pot irrelevant, and presenting another case of disappearing money raised from sales, as has been the case for many many years... Of course it has. Discovering talented players, developing that talent then selling them at a big profit is superb business and just about the only way to survive for a club of our status struggling in an impoverished town with a small supporter base who will not pay the going rate to support their team. Losing Mark Hughes was like killing the Goose that laid the Golden egg. 2.) Should Derby owners accidentally ingest a hallucinogen and appoint Ince will we get any of our pay-off back since he's found a new job? I'd doubt he's been paid off yet.
SIMON GARNERS 194 Posted December 31, 2008 Posted December 31, 2008 Answering T4e's question about how the Bentley deal could well look like: Transfer fee £15m basic + £2m if certain conditions are met- the only possible one looking it might be fulfilled would be Spuds selling Bentley on. Unless Rovers did a special deal, between 25% and 50% of the £15m would have been paid upfront and the balance is payable in installments. So £3m About 20% of every deal leaks out in tax and agent and player payments £6m From £12m profit, 50% payable to Arsenal if it was a 50% pay-on as suggested by Nicko £6m Certainly not yet payable by Spurs to Rovers £0m Received and retained by Rovers Another reason why we should have superglued Bentley to Brockhall. YE GODS! as if this season hasn't already been full enough of stupidity....I hope to god this isn't true!!
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