Spending strategy

[SheepRanger]

Spend £30m to stay in the Premiership and push club debts up to £70m

Reduce debt by £30m to around £10m with likely relegation

[Olly]

Spend £15m and...

[dave58]

What spending statergy? not spent a bean yet

[SheepRanger]

What spending statergy? not spent a bean yet

What about Rowan Vine's promotion bonus?

[Gerryhatrick]

£90 million Premiership/TV money covers a lot of it?

[Gerryhatrick]

then again, Flabio has hi eye on a new Sunseeker boat for £87 million for cruising the med, so that leaves £3 million budget for Neil. Allegedly.

[Olly]

the recent bottom 5 or 6 clubs got about £40m

[rangerforevereastcote]

£90 million Premiership/TV money covers a lot of it?

its not 90 mill for the season, this is based on someone year in prem and parachute money if go down, this is the min return over 4 years, it changes if we stay up obv ,
so if we stay up year 1 another 40 mil meaning our min return from prem 130
stay up year 2 another 40 mill our min return 170

etc etc

so important first year but the danger is overspend and your in serious trouble if you go down

[winalotto]

Spend £30m to stay in the Premiership and push club debts up to £70m

Reduce debt by £30m to around £10m with likely relegation

You have to reduce the debt, look how WBA achieved that by going up and down, maybe Birmingham to if the come straight back up. You simply can't burden yourself with massive debt in your first year , in case you go straight back down. And as someone has already said, 90m includes the three year parachute payment if relegated.

[SheepRanger]

You have to reduce the debt, look how WBA achieved that by going up and down, maybe Birmingham to if the come straight back up. You simply can't burden yourself with massive debt in your first year , in case you go straight back down. And as someone has already said, 90m includes the three year parachute payment if relegated.

I totally agree.

I hope we don't spend too much, just free signings on decent wages and escape clauses if we go down. Perhaps, spend £5m on transfer fees.

We must be £40m in debt by now and our Board will not write this off, and why should they!

Swansea are in much better shape than us and apparently have very little debt. If we go down with half the debts we have now then that might be a little success to dampen the disappointment.

[CroydonCaptainJack]

I agree.
The £90m banded about is guaranteed but over a few years. Anyone who think you get a cheque for £90m is deluded. We need to start comparing ourselves to WBA/Fulham rather than the big boys or we are going to be sadly disappointed.

[maverick69]

Spend the £12 million as reported. But more importantly: leave NW to his own devices. Do that and we will survive... infact we may even surprise a few......

[paulmason]

Spend £10M, put £30M towards the £40M people are owed, then use the subsequent parachute payments, so you do not have to put any more of your own money in, and bank some.

[CroydonCaptainJack]

Don't forget that ongoing costs are much higher due to larger payroll costs. We were running at a loss last year with lower costs. Lots of the additional revenue will go towards that.