16 out of 20 Premiership Clubs last year made losses- Collectively £484 million and despite record TV deals and Prem Money.
It has to be time to have a Salary Cap in Football and all incentives based around performance and appearance.
Question 1 - Which Club had highest turnover in Prem at £382 million.
Question 2- Which 4 clubs made profit last year
Average Wage Bills across the 20 clubs are £70 million- We went pop with a £53 million wage bill.
This cannot be sustained and New Rules will put a stop to clubs posting high losses.With big penalties being introduced.
Clubs like West Ham - Trying to compete and failing miserably alienating their fanbase in the process.
Championship football is a much more level playing field and much more enjoyable with Proper fans/better atmosphere and local players on show.
Not sure how Leeds would cope with KB at the helm- expectation from the fans- our current wage bill of £7.7 million would be difficult to maintain- MOT
Welcome all- Here`s to next year!
posted on 25/5/11
Good job we've got uncle Kenny watching our finances eh
posted on 25/5/11
Not sure how Leeds would cope with KB at the helm- expectation from the fans- our current wage bill of £7.7 million would be difficult to maintain- MOT
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According to your latest accounts, your current wage bill is £20M!!
posted on 25/5/11
Not True - £7.7 miilion was in last accounts- we have trimmed the wage bill since releasing our biggest earners Michalik, Robinson and Beckford.
Show me some evidence of £20 miilion wage bill TC.
MOT
posted on 26/5/11
Well in 2008/9 it was 12.3million
http://www.yorkshireeveningpost.co.uk/sport/leeds-united/latest-whites-news/leeds_united_whites_reveal_financial_results_1_2243367
2009/10 It increased 22.7% = £15M, AND IF Ken Bates is to be believed, it went up another 25% last season - you do the maths!!
posted on 26/5/11
Also - we have trimmed the wage bill since releasing our biggest earners Michalik, Robinson and Beckford.
Yet Paynter is on £3k per week more than Beckford was, Schmeichael is on more than Robinson & Michalik put together. You were paying 50% of Watt's £12k per week wages, McCormack £10k per week, OBrien £11k per week, not sure about Lloyd Sam, but I know he was on £9k per week at Charlton
Nunez, Lichaj, Bannan, Bessone & Connoly would have commanded Championship wages (at least £7k per week)
So please - do behave
posted on 26/5/11
http://www.leedsunited.com/news/20110404/report-on-financial-statements_2247585_2326407
Check out the official results not the YEP- £7.7 million wage bill 2009-10
posted on 26/5/11
Yet Paynter is on £3k per week more than Beckford was, Schmeichael is on more than Robinson & Michalik put together. You were paying 50% of Watt's £12k per week wages, McCormack £10k per week, OBrien £11k per week, not sure about Lloyd Sam, but I know he was on £9k per week at Charlton
Nunez, Lichaj, Bannan, Bessone & Connoly would have commanded Championship wages (at least £7k per week)
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You made all of that up quite clearly- Put some facts behind your statements.Bates runs a very tight ship in terms of wages you should know that by now- Its why Kilkenny and Johnson have not signed new contracts- Bates and Harvey work on a very tight wage structure overall but keep spouting the opposite.
posted on 26/5/11
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posted on 26/5/11
Ray Florest in the House!
posted on 26/5/11
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