I think you're missing the point. We have to save c£50m+ a year vs our current cost base and further savings in the next 2 years to pay off debt and get our ongoing cost base in line with our ongoing revenues. All focus is on achieving that. When we are confident we have found a way to do that we can start thinking about spending otherwise we are just adding to the problem. I'm sure IF they can sell those you list for decent fees then a few cheap replacements will be sought.
Didn’t say that did I. Go back re-read what I wrote? Give your head a wobble, come back, apologize and then post something in regards to what I actually said.
At a worse case scenario, we are losing half of our TV income through relegation, all of our match day income through Covid that’s £50 mil + 10 mil + remember we usually have to sell players every year to enable us to break even so let’s say another 20 million so we need to recoup somehow the equivalent of £80 million to break even this year! Hence as to why we can’t bring players in before we ship players out!
Again I get that, completely understand. I’m saying if our finances are that bad that we can’t take a small risk, in the grand scheme of things, then our finances are much worse than that. It’s either A) were not confident at all about shipping out Deeney, Welbeck, Dawson, Pereyra, Kiko, Deulofeu and therefore cant afford to take the risk B) our finances are much worse than what we all think. If we were confident of shifting out the above the players, then taking a risk and signing someone on a annual salary of 780k-1mil isn’t that much of risk. That’s the point I’m making.
We didn't do well out of it, we paid through the nose to try to stay there. We could have sat on the cash and just accepted relegation as we did under God and Aidy. You don't make money as a small club from just staying in the prem. Only the very largest "make money" the rest throw money at it chasing the dream and you have to spend just to try to stay in touch with them.
It's mainly A. We can't be sure we can shift them and we can't be sure what cash we can get through the door due to the stagnant market due to CV19. Difficult decisions - do you accept low values today or gamble that the market will be back in 12 months? Will we get a better price in the 24h before the window closes or will we be stuck with a player who doesn't want to be here. If he stays, will the player have enhanced or reduced his value in 12m time? One year less on his contract? Will he put in a shift?
Burnley debt free and still there. Meanwhile Pozzo borrows against every asset and revenue stream in sight and gets relegated.
Burnley are a anomaly though. Pretty much everybody that comes down are in debt and need to sell to survive hence why not many go straight back up. Burnley have done incredibly well, not sure how but that is not the norm
The post was in response to the comment that all clubs can’t make money trying to stay in the premier league. Burnley are evidence that you can. While Burnley is definitely an anomaly, Pozzo could not have performed more poorly financially. There are degrees of failure.
Again you pick the one team debt free and surviving and ignore the 30(?) bigger teams than us who haven't been in the prem for the last 5 years. If you won't accept anything other than being the most successful smaller club in the league you are going to be pretty much disappointed every season. I'm no great fan of the Pozzos, their "cold" handling of us, players and managers, and recruitment in the last 2 years esp the mess we are in now, but some of the expectations/demands of fans on here are just unrealistic.
See above. They should have kept finances tighter and invested less in the squad risking relegation earlier or just made sure that every signing they made was perfect ?
Your post said “you don’t make money as a small club just saying in the premier league”. It seems fair to point out a club that proves that incorrect? Not sure why the 30 teams not in premier league is relevant to this aspect of the debate either. My expectations aren’t to be debt free like Burnley. My expectations are not to borrow so heavily against everything if you are not able to finance it with your own wealth: That isn’t unrealistic. Anyway a debate for a non match day.
Or the exception that proves the rule ? How many other small clubs have failed to invest significantly yet stayed up ? Norwich, Hudders, Cardiff, the last 2 times we went up, all just pocketed the money and accepted relegation. Yes they could have borrowed less and not bought the likes of Sarr or GD. Most clubs borrow. The main issue has been CV19 and the injury to GD - in other seasons it would have been easier to sell the assets to pay off the borrowing that was taken out to finance their purchases.