Gareth Bale = 2 top players

"Surely that means either wages have been creeping up from the 65% of old, or the new stadium is sucking funds from the club."

Land purchases for new WHL have dented the profits over the past 2 yrs, but for 2010/11 and 2011/12 the wage bill stabilised at ~90m.

But yes, there is one pot marked 'player costs' , and it covers wages and transfers. Once that pot is empty, nothing doing in the REAL world.

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comment by The RDBD (demoted to supporting the team manag... (U1062)
posted 2 minutes ago
"Surely that means either wages have been creeping up from the 65% of old, or the new stadium is sucking funds from the club."

Land purchases for new WHL have dented the profits over the past 2 yrs, but for 2010/11 and 2011/12 the wage bill stabilised at ~90m.

But yes, there is one pot marked 'player costs' , and it covers wages and transfers. Once that pot is empty, nothing doing in the REAL world.

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Is that right, 90m? I assume that is basic as it is over 2yrs, not CL participation incentives bumping it up?

Do you know what turnover was for both years RBDB?

Do we know how much extra the new TV deal is worth per annum?

The last non CL year's figures I seem to remember turnover being 125-130m

"Is that right, 90m?"

Yep.
Was a big jump in wages in the CL season from 2009/10.
But Levy get it static the year after.


"Do you know what turnover was for both years"

From the CL season to 2011/12 the turnover dropped by > 20+ million (from 160 odd to 140 odd) .

If wages are stable at 90m as it stands, then that's ok I suppose. It may be the case it has crept up since last Summer's ins and outs though, which would be a concern.

I thought they were about 70m or so around 2009 so it's quite interesting to see how quickly they can rise in only a couple of years. Food for thought.

Transfers are paid over the course of a contract I believe, and we spent quite heavily in Winters 2008 and 2009. Maybe we will see that settle down in the next figures now we have been pretty even Stevens since that period

looking at the account right now

turnover declined from £163.49m to £144.16m

pre-tax loss of £7.3m

reserves reduced from £70.79m to 66.24m still strong but not great.

Levy does great, but the fact is we cannot generate enough revenue to fight the Sky 4 and the Sugga Daddy FCs.

Even the Poool in this period of mediocrity still bring in 200+ million.

What if he gets injured and is out for a long period we'd be rightly facked wouldnt we?

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We'd be facked without him if we were paying him 60k a week, if he wants 160k to sign a new deal that's the deal.. I don't think we can afford to say no. If the others want parity great - let them earn it

All your rivals pay that and more for their stars.

Bale has been better than all of them the last 2 years, so even at 170k it is below market rate.