JesusOnAir
New Member
Financial Fair Play dictates that for the coming season, the wage bill may not exceed 60% of turnover. When SISU says that it needs to get the wage bill down to 2mm it is not joking, in my opinion this is exactly the number we must aim at.
Ignoring the 2 million number, I calculated what I thought might be a reasonable turnover value.
Our average home gate last season was nearly 11k, but for League 1 as a whole the average is closer to 5 or 6k. I think if we are playing 20 miles away, also considering the 'not a penny more' malarkey, 6k is a good number for planning.
Out ticket prices are expensive for League 1 - I kept these high at £20 average.
We have 23 home games and I assumed 4 cup games for which we share the takings.
This comes to a match day revenue number of 3mm. Sure, we may sell some beers and pies, but that isn't going to be a significant stream for 6k people, moreover maybe the ticket price will come down to be closer to the £14 charged at Bescot normally.
If we assume 400k of other add-ons over the season (sponsorship et al) we have a turnover of 3.4mm. 60% of this is 2.04mm.
What does this mean? IMO:
- The high wage earners will go. The only reason they are still around now is that SISU is hoping they will find a club and we won't have to pay severance.
- I don't think we'll be bringing in many new players as Presser keeps saying. Umbongo will be here for months. And even if we do, we'll be outbid for salary if they are in demand.
- So we'll pretty much have what remains + kids all season.
- You take out the Robbins and McGoldrick factor from last year and we were a poor League 1 side. Sure, the kids will be older and better, but are they really that much better than the players that have gone? I don't think so - otherwise they'd have been playing each week.
In conclusion, if the bookies really are quoting 6/1 for relegation I'd say fill your boots, because I think that's the most likely outcome. Where is the downside for SISU to do anything else? The 6k diehards who will travel to Warsaw to see us in League 1 will continue in League 2.
Another thought here - SISU keep saying that we must increase turnover. IMO turnover will decrease and force the 2mm wage cap as a direct result of their policy to take the club away for 3 years. If we were to stay at the Ricoh and keep attendances at 11k average, the wage cap moves to 3.5mm.
Ignoring the 2 million number, I calculated what I thought might be a reasonable turnover value.
Our average home gate last season was nearly 11k, but for League 1 as a whole the average is closer to 5 or 6k. I think if we are playing 20 miles away, also considering the 'not a penny more' malarkey, 6k is a good number for planning.
Out ticket prices are expensive for League 1 - I kept these high at £20 average.
We have 23 home games and I assumed 4 cup games for which we share the takings.
This comes to a match day revenue number of 3mm. Sure, we may sell some beers and pies, but that isn't going to be a significant stream for 6k people, moreover maybe the ticket price will come down to be closer to the £14 charged at Bescot normally.
If we assume 400k of other add-ons over the season (sponsorship et al) we have a turnover of 3.4mm. 60% of this is 2.04mm.
What does this mean? IMO:
- The high wage earners will go. The only reason they are still around now is that SISU is hoping they will find a club and we won't have to pay severance.
- I don't think we'll be bringing in many new players as Presser keeps saying. Umbongo will be here for months. And even if we do, we'll be outbid for salary if they are in demand.
- So we'll pretty much have what remains + kids all season.
- You take out the Robbins and McGoldrick factor from last year and we were a poor League 1 side. Sure, the kids will be older and better, but are they really that much better than the players that have gone? I don't think so - otherwise they'd have been playing each week.
In conclusion, if the bookies really are quoting 6/1 for relegation I'd say fill your boots, because I think that's the most likely outcome. Where is the downside for SISU to do anything else? The 6k diehards who will travel to Warsaw to see us in League 1 will continue in League 2.
Another thought here - SISU keep saying that we must increase turnover. IMO turnover will decrease and force the 2mm wage cap as a direct result of their policy to take the club away for 3 years. If we were to stay at the Ricoh and keep attendances at 11k average, the wage cap moves to 3.5mm.