Level Playing Field - Please Explain (3 Viewers)

[covboy1987]

We keep hearing that Coventry City Business plan is keep things tight work within a small budget - Personally think that Philosophy is more suitable to a Crewe, Doncaster, Fleetwood, not a big city club like Cov with a decent size fan base -However please someone explain how the likes of Bournemouth and Fulham can spend money for fun and have half a dozen players sitting on the bench on £15,000 + a week - when they get attendances Bournemouth 9,000 Fulham average 17,000 way below Cov attendances - how for instance do they pass the financial fair play rules

 

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[Sky Blue Pete]

We keep hearing that Coventry City Business plan is keep things tight work within a small budget - Personally think that Philosophy is more suitable to a Crewe, Doncaster, Fleetwood, not a big city club like Cov with a decent size fan base -However please someone explain how the likes of Bournemouth and Fulham can spend money for fun and have half a dozen players sitting on the bench on £15,000 + a week - when they get attendances Bournemouth 9,000 Fulham average 17,000 way below Cov attendances - how for instance do they pass the financial fair play rules

Don’t need to pass them if you go up, you are covered under different rules.
Also parachute payments are a huge destabilising factor in the championship and need a massive rethink

 

[BigadamL]

Parachute payments simple as that. Kept some big earners because of it who are just ok at prem level but better then the championship

 

[Grendel]

Parachute payments simple as that. Kept some big earners because of it who are just ok at prem level but better then the championship

Bournemouth paid players £30m in the promotion season. They paid Kenwyne Jones £30,000 a week for a few weeks as a loan from Stoke.

Lost £38 million that year and that’s before any premier league money

 

[Deity]

We keep hearing that Coventry City Business plan is keep things tight work within a small budget - Personally think that Philosophy is more suitable to a Crewe, Doncaster, Fleetwood, not a big city club like Cov with a decent size fan base -However please someone explain how the likes of Bournemouth and Fulham can spend money for fun and have half a dozen players sitting on the bench on £15,000 + a week - when they get attendances Bournemouth 9,000 Fulham average 17,000 way below Cov attendances - how for instance do they pass the financial fair play rules

Those that advocate we compete based on a sustainable self sufficient business model are purists. It’s the equivalent of a pro cyclist not taking supplements and drugs. You can have the high moral ground but you ultimately you can’t compete. You fall just short.

None of us want SISU to be reckless but some sensible investment in January, maybe a good quality loan could have made the difference.

 

[AOM]

I'd imagine Wolves bring in more fans than Fulham and Bournemouth, but here is roughly what it cost them to get to the Premier League:
REVEALED: The true cost of Wolves' Premier League dream

 

[stupot07]

Fulham and Bournemouth are both owned by billionaires, so on top of parachute payments have very deep pockets.

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[SkyBlueMatt]

We keep hearing that Coventry City Business plan is keep things tight work within a small budget - Personally think that Philosophy is more suitable to a Crewe, Doncaster, Fleetwood, not a big city club like Cov with a decent size fan base -However please someone explain how the likes of Bournemouth and Fulham can spend money for fun and have half a dozen players sitting on the bench on £15,000 + a week - when they get attendances Bournemouth 9,000 Fulham average 17,000 way below Cov attendances - how for instance do they pass the financial fair play rules

It's a simple answer, parachute payments and mega rich owners. Along side the fact they are established yo-yo sides and have been for many years. Which helps build up assets over time, us on the other hand have come from L2. Their squad is made up of multiple top Championship calibre players in every position, we have half a dozen at best.

Over the last 5 years the two clubs have made considerable income from player sales.

Fulham - £45 million
Bournemouth - £157 million

A bit of extra investment wouldn't hurt but now we have or will have 4 very valuable assets. Hopefully lessons have been learnt and when those players are sold, the money (or some/most of it) is reinvested wisely.

The progression we've made, the last few years has been fantastic. A credit to Robins, his staff and the players. I trust him to make some smart moves this summer to push us even closer.

 

[Grendel]

Fulham and Bournemouth are both owned by billionaires, so on top of parachute payments have very deep pockets.

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same as the much heralded Brentford

 

[covboy1987]

Fulham and Bournemouth are both owned by billionaires, so on top of parachute payments have very deep pockets.

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Apparently Our owner Joy Seppala is a billionaire

 

[SlowerThanPlatt]

same as the much heralded Brentford

We’re supposed to be following their “model” - I’ll believe it when I see £100m investment to get us into the Premier League

 

[better days]

I suspect Robins will be given a bigger budget this time
He's proved what he can do with limited resources
Hedge funds are in the risk business and know they have to speculate to accumulate
Robins has proved he can be trusted with their money
As long as he doesn't spend it on magic beans it could be another enjoyable season
Fingers crossed

 

[mark82]

We’re supposed to be following their “model” - I’ll believe it when I see £100m investment to get us into the Premier League

Was it actually a £100m net investment? On transfers they made more in sales than they spent most seasons.

 

[Frostie]

We’re supposed to be following their “model” - I’ll believe it when I see £100m investment to get us into the Premier League

They speculated to accumulate of course but also got huge returns on investment with player sales. The difference with Brentford & why they're rightly heralded is they didn't break FFP rules to do it.

 

[SlowerThanPlatt]

Was it actually a £100m net investment? On transfers they made more in sales than they spent most seasons.

Matthew Benham breaks through £100m investment barrier

The Bees made a greater loss the season before, even though they brought in £15,443,985 through player departures

www.mylondon.news

 

[SlowerThanPlatt]

They speculated to accumulate of course but also got huge returns on investment with player sales. The difference with Brentford & why they're rightly heralded is they didn't break FFP rules to do it.

Yes my point is we’re not following their model despite Boddy’s adamance

 

[Frostie]

Yes my point is we’re not following their model despite Boddy’s adamance

Yeah. Depends what he means by it though & if you take it literally. I assume he means the theory behind identifying & signing undervalued talent which perform well & help you climb the league & then can be sold on at vastly inflated profits & repeat the cycle. This is what, in theory, should happen with Gyökeres, Hamer, O'Hare, Sheaf etc. The way the Brentford ownership put money in though (and don't charge interest on it) is very different I agree.

 

[SlowerThanPlatt]

Yeah. Depends what he means by it though & if you take it literally. I assume he means the theory behind identifying & signing undervalued talent which perform well & help you climb the league & then can be sold on at vastly inflated profits & repeat the cycle. This is what, in theory, should happen with Gyökeres, Hamer, O'Hare, Sheaf etc. The way the Brentford ownership put money in though (and don't charge interest on it) is very different I agree.

They’re never under pressure to sell unlike us which in return means they can get top money or keep them for another year for the value to increase. They had a lot of success scouting abroad too but our manager has publicly said our forays haven’t been good enough

Asked if City are still looking to unearth potential gems in the European market or whether more red tape brought about by Brexit has changed the club’s policy now that there are more bureaucratic hoops to jump through, Robins told Coventry Live : “I think the reality of that is that it could be a good thing because it hasn’t always been a success. It’s been a limited success we have had. Certainly we have to do better, there’s no doubt about that.”

 

[Frostie]

They’re never under pressure to sell unlike us which in return means they can get top money or keep them for another year for the value to increase. They had a lot of success scouting abroad too but our manager has publicly said our forays haven’t been good enough

Agree completely

 

[Torquay Sky Blue]

I suspect Robins will be given a bigger budget this time
He's proved what he can do with limited resources
Hedge funds are in the risk business and know they have to speculate to accumulate
Robins has proved he can be trusted with their money
As long as he doesn't spend it on magic beans it could be another enjoyable season
Fingers crossed

Isn't Magic Beans in the NBA

 

[HuckerbyDublinWhelan]

I suspect Robins will be given a bigger budget this time
He's proved what he can do with limited resources
Hedge funds are in the risk business and know they have to speculate to accumulate
Robins has proved he can be trusted with their money
As long as he doesn't spend it on magic beans it could be another enjoyable season
Fingers crossed

So I’m going to run away with this - I’m taking that as we’ve got 50m to spend, promotion is assured and I should get my mortgage on promotion?

if not blame you?

 

[better days]

So I’m going to run away with this - I’m taking that as we’ve got 50m to spend, promotion is assured and I should get my mortgage on promotion?

if not blame you?

That's it

 

[Advie]

I imagine with the way things are in the UK, all teams out of the prem are going to be very careful with money for a while. The cost of living will hurt entertainment first as people stop spending as much.

 

[PUSB-We_are_going_up]

We keep hearing that Coventry City Business plan is keep things tight work within a small budget - Personally think that Philosophy is more suitable to a Crewe, Doncaster, Fleetwood, not a big city club like Cov with a decent size fan base -However please someone explain how the likes of Bournemouth and Fulham can spend money for fun and have half a dozen players sitting on the bench on £15,000 + a week - when they get attendances Bournemouth 9,000 Fulham average 17,000 way below Cov attendances - how for instance do they pass the financial fair play rules

Income from elsewhere such as merchandising, Tv revenue, parachute payments, sponsors, owner Im sure there is a lot more

 

[PUSB-We_are_going_up]

Apparently Our owner Joy Seppala is a billionaire

But is Sisu a billionaire company

 

[PUSB-We_are_going_up]

Forgot also player sales

 

[MusicDating]

Bournemouth paid players £30m in the promotion season. They paid Kenwyne Jones £30,000 a week for a few weeks as a loan from Stoke.

Lost £38 million that year and that’s before any premier league money

Yup and got fined less than £5m for riding roughshod over the EFL rules... Bournemouth agree £4.75m settlement with EFL for breach of FFP rules