Frosty
Bjarni Guðjónsson
[F4:VeganFrostySCFC]
Posts: 117
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Post by Frosty on Sept 2, 2011 11:42:43 GMT
Small article from Sky Sports with Coates saying for fans not to get used to him injecting £20m during transfer windows. Article |
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Post by Santy on Sept 2, 2011 12:00:42 GMT
I'm surprised all these deals must be upfront if he's had to get out that much cash himself. Remember the club never has all that much in its reserves, we have an income of £60m or so but it isn't sat there in the clubs account so either we had to have an overdraft (Everton style) or Coates stump up the cash.
If Coates converts this loan to the club into shares (as he's done previously) then we would actually have a bigger wedge of cash in the bank next summer to go out and buy with, alternatively he may just take a bit back from each monthly income in a manner that is sustainable.
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Post by Deleted on Sept 2, 2011 12:02:03 GMT
I can't get my head round how a club could be self sufficient with the money that's spend on transfer fees and in particular wages but then I'm not a savvy business man. Are we talking about selling on developed youth players for x millions?
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Post by irbaboon on Sept 2, 2011 12:02:40 GMT
Small article from Sky Sports with Coates saying for fans not to get used to him injecting £20m during transfer windows. ArticleHe has always believed that the club should be self sufficient. However he needs to tell his manager that he can actually play players under a certain age  |
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Vestan Pance
Bjarni Guðjónsson
The magazine of champions
Posts: 368
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Post by Vestan Pance on Sept 2, 2011 13:15:56 GMT
This business kind of weirds me out. Think about it for a second.
We get a minumum of what? £35 million a year(ish) through Sky, £9.9 million through season tickets (based on 22,000 @ c.£450 a head (with refreshments, kickbacks etc that won't be far off), £2.6 million in additional ticket sales and let's be low and say £3 million a year from Britannia, Adidas and stadium sponsorship. Now we have the £1 million from europa league qualification and £1 million in gate receipts form that tournament (based on 25,000 taking up the £40 offer. It'll be OK as a means average.
That gives Stoke a very rough income of about £52,500,000 a year. Now i'm not saying that Coates doesn't make every scrap of money available for Pulis. He's certainly not looking for anything out of it, that's for certain. But he hasn't spent £60,000,000 on transfers out of his own arse pocket. I'm fairly sure of that.
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Post by Nyron Nonceworthy on Sept 2, 2011 13:24:50 GMT
Coates won't always splash cash, unless it's on first class gash.
BOOM.
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Post by spunkbubble on Sept 2, 2011 13:29:35 GMT
Vestan, I think the wage budget is over £40m now.
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Post by irbaboon on Sept 2, 2011 13:42:04 GMT
This business kind of weirds me out. Think about it for a second. We get a minumum of what? £35 million a year(ish) through Sky, £9.9 million through season tickets (based on 22,000 @ c.£450 a head (with refreshments, kickbacks etc that won't be far off), £2.6 million in additional ticket sales and let's be low and say £3 million a year from Britannia, Adidas and stadium sponsorship. Now we have the £1 million from europa league qualification and £1 million in gate receipts form that tournament (based on 25,000 taking up the £40 offer. It'll be OK as a means average. That gives Stoke a very rough income of about £52,500,000 a year. Now i'm not saying that Coates doesn't make every scrap of money available for Pulis. He's certainly not looking for anything out of it, that's for certain. But he hasn't spent £60,000,000 on transfers out of his own arse pocket. I'm fairly sure of that. You have to remember some where amongst all that the club has to be run day to day, it is not only the players that get paid a wage. I can only imagine the cost of running a self sufficient premier league club will be millions of pounds? |
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