I still love our owners. So much.
Rudkin doing a great job this sustainable growth is only sustainalbe when you win the premeier league and qualify for the Champions league.
That being said good job all round
UTF's
I don't think winning the Premier League and qualifying for the Champions League is part of the sustainable growth Nev.
These figures were for the 2016-17 season so include the returns for a mid table finish. Also I heard that we got £70M for progressing in the Champions League, so if that's taken off the profits it is still indicating a healthy £20M surplus. That looks like reasonable financial management in the crazy world of football.
Where it isn't sustainable would be the massive drop in incoming revenue caused by being relegated into the Championship. That's not part of the plan at all (although I'd hope that contracts reflect that possibility), hence the rapid action and axe for Claudio and Shakey the instant we look like struggling. Also something that Claude will be acutely aware of.
Most of the profit is from the Claudio effect getting us into the Champions league, seeded and performing well earning £67m and the £37m from the Premier league.
Sales profits from Kante etc made up the rest.
My disappointment is the owners are only top half finishes i think we should be more ambitious than that.
Nice of the owners to place on record their dept to the most successful LCFC manager.
Nev, I didn't see that, where was Nige mentioned?
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Sustainable Growth
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posted on 2/3/18
I still love our owners. So much.
posted on 3/3/18
Bright future for sure
posted on 3/3/18
Rudkin doing a great job this sustainable growth is only sustainalbe when you win the premeier league and qualify for the Champions league.
That being said good job all round
UTF's
posted on 3/3/18
I don't think winning the Premier League and qualifying for the Champions League is part of the sustainable growth Nev.
These figures were for the 2016-17 season so include the returns for a mid table finish. Also I heard that we got £70M for progressing in the Champions League, so if that's taken off the profits it is still indicating a healthy £20M surplus. That looks like reasonable financial management in the crazy world of football.
Where it isn't sustainable would be the massive drop in incoming revenue caused by being relegated into the Championship. That's not part of the plan at all (although I'd hope that contracts reflect that possibility), hence the rapid action and axe for Claudio and Shakey the instant we look like struggling. Also something that Claude will be acutely aware of.
posted on 3/3/18
Most of the profit is from the Claudio effect getting us into the Champions league, seeded and performing well earning £67m and the £37m from the Premier league.
Sales profits from Kante etc made up the rest.
My disappointment is the owners are only top half finishes i think we should be more ambitious than that.
Nice of the owners to place on record their dept to the most successful LCFC manager.
posted on 3/3/18
Nev, I didn't see that, where was Nige mentioned?
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