#swfc Chansiri DOES have a lot to answer for, as Waddle says in the article.
But I think Waddlee's criticism is slightly misguided:
It would've been fitting at the end of Carvalhal's tenure, but not so much now IMHO. I'll try to explain why in the thread below.
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But I think Waddlee's criticism is slightly misguided:
It would've been fitting at the end of Carvalhal's tenure, but not so much now IMHO. I'll try to explain why in the thread below.
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I've been as critical as anyone of the (lack of) leadership at our club, but there HAVE been steps made to change things (albeit too small)
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1) We have a recruitment setup, the two people brought in by Bruce, that works in tandem with the infamous "transfer committee" (which is now apparently just Paixao) and our manager.
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2) We no longer just throw money at it in the hope something sticks and makes us successful.
Since June 2018 I would estimate us to be £4m IN PROFIT in the transfer market.
From 2015-2018 we lost a net £35m, though...
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Since June 2018 I would estimate us to be £4m IN PROFIT in the transfer market.
From 2015-2018 we lost a net £35m, though...
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It's even more pronounced when you look at wages:
The players on permanent contracts, who have left since June 2018, make up £10m in yearly wages.
Putting that into perspective:
That's more than 1/4 of our total wage bill (12 months) listed in the 2017/18 accounts.
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The players on permanent contracts, who have left since June 2018, make up £10m in yearly wages.
Putting that into perspective:
That's more than 1/4 of our total wage bill (12 months) listed in the 2017/18 accounts.
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...while we've only added £3m in new wages on permanent contracts since June 2018. Less than 1/3 of the wages we've shed in the same period.
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That's £7m saved on the yearly wage bill since 2018.
In the first three years of Chansiri's chairmanship, on top of the estimated £35m net spending on transfer fees, we also added £12m a year in wages for permanent transfers.
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In the first three years of Chansiri's chairmanship, on top of the estimated £35m net spending on transfer fees, we also added £12m a year in wages for permanent transfers.
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Only 14 of the players in our squad, who have made first team appearances, are under contract for the 2020/21 season and it's of course not realistic the wage bill that would then stay as low as the £11m those cost in wages a year.
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If no expiring contract is renewed, and we sign 8 players on £600k a year for a senior squad of 22, we'd have a wage bill of £15m.
(using the estimated £600k in yearly wages on average for the permanent signings since June 2018 (Odubajo, Börner, Iorfa, Harris, Luongo))
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(using the estimated £600k in yearly wages on average for the permanent signings since June 2018 (Odubajo, Börner, Iorfa, Harris, Luongo))
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This is all assuming, of course, that all of next season isn't "hibernated" due to #Covid19UK.
Any decision to play games of the 20/21 season behind closed doors would hit us relatively harder than other clubs, as nearly half our revenue is match day revenue - the Championship.
Any decision to play games of the 20/21 season behind closed doors would hit us relatively harder than other clubs, as nearly half our revenue is match day revenue - the Championship.
