Fitzhugh Fella Posted 5 December, 2011 Share Posted 5 December, 2011 So says Adam Leitch in tonight's Echo. He was referring to the fact that Saints do not have "a direct replacement for Lambert". Something that has bothered a few of us on here. He goes on to say within the same article "you have to accept that without a massive pot of cash, WHICH SAINTS DON'T HAVE, you aren't going to get a like-for-like in terms of quality for your star turn". Well over the last 12 months - even without taking into account the wealth of the owner(s) of the club - we are , thanks mainly to the income from the Chamberlain transfer, a good 8 to 9 million in the black. So why does Adam insinuate there is not decent money available. Sloppy Echo reporting/accounting or does he know something, we don't. No agenda before the accusations start........ just genuinely intrigued why the local sports' reporter thinks we can't - or won't -afford a decent back up for Rickee. Link to comment Share on other sites More sharing options...
Turkish Posted 5 December, 2011 Share Posted 5 December, 2011 This cant be true. Hypo said Cortese said we had too much money. Link to comment Share on other sites More sharing options...
dune Posted 5 December, 2011 Share Posted 5 December, 2011 FF in having an anti Saints agenda shocker. Link to comment Share on other sites More sharing options...
Stud mark of doom Posted 5 December, 2011 Share Posted 5 December, 2011 We all know that the Echo has excellent contacts within the club and this sounds very believable - I very much doubt we are keeping the Chamberlain proceeds, in cash, a massive pot. Link to comment Share on other sites More sharing options...
View From The Top Posted 5 December, 2011 Share Posted 5 December, 2011 How much would it cost to buy another Lambert, not a 2nd rate one to sit on the bench in case RL picks up a knock, but a genuine, all round, centre forward? £5m? £10m? Are we going to spunk that on a player in case one of ours get injured? No, of course not. As for the Echo knowing what we do have to spend, I couldn't trust it to tell if the sun was shining. Link to comment Share on other sites More sharing options...
sotonjoe Posted 5 December, 2011 Share Posted 5 December, 2011 Utterly rubbish reporting. With relations between the club and the Echo what they are, I'd think the Echo would be the last people to know if the club was suffering financially. Link to comment Share on other sites More sharing options...
stevegrant Posted 5 December, 2011 Share Posted 5 December, 2011 If we take the prudent approach and assume that the club is being run without any additional injection of funds from the Liebherr estate, my estimate (and that's all it can be without actually seeing the accounts, and now the club is in private hands that information is always more dated when it's released) is that a decent chunk of the Chamberlain money will have covered the losses from the previous two seasons (£8m-ish in 09/10, undisclosed as yet for 10/11), with the rest being used to offset a wage bill that is almost certainly above the "ideal" wages/turnover ratio of 60-65%. However, we have clearly been in discussions with clubs regarding players of significant worth, so I do think there will be *some* money to spend in January, but I'm pretty sure it won't be all of the £12m Chamberlain money. Link to comment Share on other sites More sharing options...
Colinjb Posted 5 December, 2011 Share Posted 5 December, 2011 To be fair, it would be in the clubs best interest to play down any resources we may or may not have available. We don't want to get held to ransom now do we. Link to comment Share on other sites More sharing options...
capitalsaint Posted 5 December, 2011 Share Posted 5 December, 2011 Why doesn't somebody just ask the journo? Link to comment Share on other sites More sharing options...
Asaint4ever Posted 5 December, 2011 Share Posted 5 December, 2011 So the money we offered Doncaster for billy sharp was fake money? 3million +? And was on the OS. Hmmmm Link to comment Share on other sites More sharing options...
Nexstar Posted 5 December, 2011 Share Posted 5 December, 2011 It surprises me people still take notice of the crap written in the Echo. Link to comment Share on other sites More sharing options...
VectisSaint Posted 5 December, 2011 Share Posted 5 December, 2011 Why doesn't somebody just ask the journo? Anyone have the pin code for his answering machine? Link to comment Share on other sites More sharing options...
LostBoys Posted 5 December, 2011 Share Posted 5 December, 2011 Usual Echo rubbish from their poorest journo Link to comment Share on other sites More sharing options...
Torrent Of Abuse Posted 5 December, 2011 Share Posted 5 December, 2011 So the echo were lying about the £3m bid for Jutke.... Jutk... That Coventry striker? Link to comment Share on other sites More sharing options...
Dalek2003 Posted 5 December, 2011 Share Posted 5 December, 2011 Makes perfect sense. It is what I have suspected and explains our relative modest investment over the summer. I would also bet that our aim was consolidation and that our current position is way above what we ever expected. Link to comment Share on other sites More sharing options...
aintforever Posted 5 December, 2011 Share Posted 5 December, 2011 I would be very surprised if the Echo knew anything about SFC's finances. Link to comment Share on other sites More sharing options...
up and away Posted 5 December, 2011 Share Posted 5 December, 2011 Utterly rubbish reporting. With relations between the club and the Echo what they are, I'd think the Echo would be the last people to know if the club was suffering financially. With nearly all the news we get from the Echo regarding Saints, it's just a cut and paste job from the OS. When we get to higher issues such as this, I doubt the Echo has any greater to offer. I have been looking closely at this aspect by comparing pre and post Markus and there is little indicating anything has changed. The players salary levels are high, investment in the Academy building is not faltering (how much did we pay for that plymouth youth player?) and we have tabled a lot of money to buy players, even though clubs were not prepared to sell. The purchase of Fox demonstrated that we were prepared to pay over the top for someone marginally better than already held, with firm offers in for another £5M+ worth for a striker and CB, not to mention Cork and De Ridder. The Oxo fee slightly masks what is going on, but there is nothing to indicate that we would not have still spent as we have (with the possible exception of De Ridder), even with keeping Oxo. There may come a time when we can say it looks like the money is drying up, but no indication so far. Most of this comes from our inability to get back up for another striker before the window closes and knowing what we do now, Cortese must feel he has slipped up here. The question I ask is would Cortese have behaved the same if Markus were alive today and I cannot see that. Even astounded to the value we were prepared to pay for Rodriguez, but maybe I am just out of touch with these values. Link to comment Share on other sites More sharing options...
Turkish Posted 5 December, 2011 Share Posted 5 December, 2011 Makes perfect sense. It is what I have suspected and explains our relative modest investment over the summer. I would also bet that our aim was consolidation and that our current position is way above what we ever expected. Including Jos H we spent near on £7m this summer, hardly modest. Link to comment Share on other sites More sharing options...
Lallana's Left Peg Posted 5 December, 2011 Share Posted 5 December, 2011 What has happened to the £4.5m that was used to bid for Rodriguez only 3 months ago? I would suggest that there are funds available if the right player is about. We didn't hesitate in spending £1m+ on Hooiveld. Link to comment Share on other sites More sharing options...
Chez Posted 5 December, 2011 Share Posted 5 December, 2011 Makes perfect sense. It is what I have suspected and explains our relative modest investment over the summer. was it relatively modest? Besides if you elongate the time period our transfer/wage spending has been massive. Link to comment Share on other sites More sharing options...
shirleysfc Posted 5 December, 2011 Share Posted 5 December, 2011 http://www.dailyecho.co.uk/sport/9221392.Striker_turns_down_Saints_move/ - Jay Rod £5m http://www.dailyecho.co.uk/sport/9111410.Sharp__turns_down_Saints__claim_reports/ - Sharp £3.25m http://www.dailyecho.co.uk/sport/saints/news/9376436.Sky_Blue_Lukas_on_Saints__hit_list/ - Lukas £2m - £3m So we either have upto £5m to spend on players or nothing... make your mind up echo!! Link to comment Share on other sites More sharing options...
Trader Posted 5 December, 2011 Share Posted 5 December, 2011 Makes perfect sense. It is what I have suspected and explains our relative modest investment over the summer. I would also bet that our aim was consolidation and that our current position is way above what we ever expected. I have it on good authority that the club expected 17th place this season. Link to comment Share on other sites More sharing options...
Charlie Wayman Posted 5 December, 2011 Share Posted 5 December, 2011 I think Adam Leich's statement is only one of those generalisations that everyone makes from time to time and to be fair to him whilst we may indeed be fairly well off as a club taken overall in the Championship (no doubt two thirds of them running on empty), we should not let our ambition lead us to believe that we have the buying power of the top 6 or 8 clubs in the premier league for example - so whislt we may have a few million to spend wisely we probably don't have a 'pot of cash' to spend in those terms. Our owners for all their ambition are not oil soaked Sheiks from Arabia but honest-to-goodness Industrial Engineers from Helvetica whose business profitability is measured in low % terms - and spare a thought that this global recession is hurting manufacturing industry across the world. These are not the times for reckless spending on hobbies and never forget that Saints are a Hobby pursuit of the family. Link to comment Share on other sites More sharing options...
wild-saint Posted 5 December, 2011 Share Posted 5 December, 2011 Makes perfect sense. It is what I have suspected and explains our relative modest investment over the summer. I would also bet that our aim was consolidation and that our current position is way above what we ever expected. what i would like to know is how come this to-sser is allowed to post the same ****** time and time again. its painful seeing the same repetitive slant on his one view and clearly is designed to wind folk up. im sure if he banged on in person to most of the posters on this board he would spend most of his time eating through a straw. i propose a new rule where if a poster hits a fixed number people (say circa 100) adding them to the ignore list then they get banned for life. Link to comment Share on other sites More sharing options...
Dalek2003 Posted 5 December, 2011 Share Posted 5 December, 2011 what i would like to know is how come this to-sser is allowed to post the same ****** time and time again. its painful seeing the same repetitive slant on his one view and clearly is designed to wind folk up. im sure if he banged on in person to most of the posters on this board he would spend most of his time eating through a straw. i propose a new rule where if a poster hits a fixed number people (say circa 100) adding them to the ignore list then they get banned for life. Clearly touched a raw nerve or close to the truth. Your proposal to 'shut me up' is akin to the policy of a tin pot dictator who cannot deal with a view that is dffernt from his own. Link to comment Share on other sites More sharing options...
Jonnyboy Posted 5 December, 2011 Share Posted 5 December, 2011 I saw a number plate today - RCK 1 Could be RL? Or maybe his replacement? Link to comment Share on other sites More sharing options...
wild-saint Posted 5 December, 2011 Share Posted 5 December, 2011 Clearly touched a raw nerve or close to the truth. Your proposal to 'shut me up' is akin to the policy of a tin pot dictator who cannot deal with a view that is dffernt from his own.i truley dont mind opinion i just cant stand people that ram thier opinion down your throat time and time again. i have read yours and i have taken it on board but you still feel the need to tell me again. Link to comment Share on other sites More sharing options...
Mattio Posted 5 December, 2011 Share Posted 5 December, 2011 I saw a number plate today - RCK 1 Could be RL? Or maybe his replacement?If it was his replacement it would be RCK MKII Link to comment Share on other sites More sharing options...
Mr Saints Posted 5 December, 2011 Share Posted 5 December, 2011 We have money, we just don't throw it around. Fine by me. Link to comment Share on other sites More sharing options...
trousers Posted 6 December, 2011 Share Posted 6 December, 2011 Another crafty move by Cortese....leak a snippet of fake info to the Echo so that other clubs get the impression we're not as flush as they thought we were....hey presto, we get our January transfer target(s) for less that we might otherwise have done. Nice work Nicola. Link to comment Share on other sites More sharing options...
Saint in Paradise Posted 6 December, 2011 Share Posted 6 December, 2011 Another crafty move by Cortese....leak a snippet of fake info to the Echo so that other clubs get the impression we're not as flush as they thought we were....hey presto, we get our January transfer target(s) for less that we might otherwise have done. Nice work Nicola. Well you have just blown up his strategy then by posting it on here. Only joking before someone thinks I was being serious Link to comment Share on other sites More sharing options...
Crazy Diamond Posted 6 December, 2011 Share Posted 6 December, 2011 To be fair, no one really puts money in pots anymore. Bank accounts are the preferred method of money storage. Link to comment Share on other sites More sharing options...
niceandfriendly Posted 6 December, 2011 Share Posted 6 December, 2011 To be fair, no one really puts money in pots anymore. Bank accounts are the preferred method of money storage. Nonsense. There's no way in hell you're aware of how the club stores its money, unless you work for the club, in which case Cortese will find you and probably lay you off soon for not keeping your mouth shut. Link to comment Share on other sites More sharing options...
manji Posted 6 December, 2011 Share Posted 6 December, 2011 The Echo and FF in schitt-stirring agenda shocker. Link to comment Share on other sites More sharing options...
LostBoys Posted 6 December, 2011 Share Posted 6 December, 2011 Makes perfect sense. It is what I have suspected and explains our relative modest investment over the summer. I would also bet that our aim was consolidation and that our current position is way above what we ever expected. Another tedious wind up. I doubt you can get the Echo in Norwich. Onto the 'ignore' list methinks along with all the other wind up merchants/dickheads that I do not have to bother with Link to comment Share on other sites More sharing options...
hutch Posted 6 December, 2011 Share Posted 6 December, 2011 To be fair, no one really puts money in pots anymore. Bank accounts are the preferred method of money storage. Unless you live in Lithuania. Or Latvia. Or Newcastle. Link to comment Share on other sites More sharing options...
doddisalegend Posted 6 December, 2011 Share Posted 6 December, 2011 http://www.dailyecho.co.uk/sport/9221392.Striker_turns_down_Saints_move/ - Jay Rod £5m http://www.dailyecho.co.uk/sport/9111410.Sharp__turns_down_Saints__claim_reports/ - Sharp £3.25m http://www.dailyecho.co.uk/sport/saints/news/9376436.Sky_Blue_Lukas_on_Saints__hit_list/ - Lukas £2m - £3m So we either have upto £5m to spend on players or nothing... make your mind up echo!! **** me how come all those players are worth that when we only payed a million for the leagues top scorer? I have no idea how much money saints do or don't have but I'd much rather we bought good players with something to prove at sensible prices from the lower leagues than be asked to pay over the top prices for higher league level "stars". If we get back to the PL no doubt we will be expected to cough up 10 million for really average PL players and journeymen. Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 6 December, 2011 Author Share Posted 6 December, 2011 So the echo were lying about the £3m bid for Jutke.... Jutk... That Coventry striker? Good point Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 6 December, 2011 Author Share Posted 6 December, 2011 The Echo and FF in schitt-stirring agenda shocker. Bang on cue - I was waiting and he couldn't resist. Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 6 December, 2011 Author Share Posted 6 December, 2011 Including Jos H we spent near on £7m this summer, hardly modest. £7m? - I make it £3m -£4m. Fox 1.5, Jos 1.2 and De Ridder £1m? Link to comment Share on other sites More sharing options...
dronskisaint Posted 6 December, 2011 Share Posted 6 December, 2011 £7m? - I make it £3m -£4m. Fox 1.5, Jos 1.2 and De Ridder £1m? Cork? The re-signing of Lallana, Barnie etc For what it's worth I think the Echo are a typical parochial publication looking to make news when they have blown their credibility with their local club - an issue for both parties but far more for the paper as they trade on being 'local'. As has been pointed out they have not got any access to the real figures so they can make up any massive or minimal pot stories they like and the information will be just as flawed either way. Vote with your pocket guys...they'll not last if nobody buys or advertises and enough letters about poor journalism will point the shareholders as to why they're circulation is falling. Link to comment Share on other sites More sharing options...
Fan The Flames Posted 6 December, 2011 Share Posted 6 December, 2011 Cork £? Link to comment Share on other sites More sharing options...
trousers Posted 6 December, 2011 Share Posted 6 December, 2011 @jordansibley: Off to London for a meeting at FL HQ. Bringing @MrSimonWilliams along for the ride whilst @TomCoull gets to cover the U18s Vs Arsenal! Link to comment Share on other sites More sharing options...
david in sweden Posted 6 December, 2011 Share Posted 6 December, 2011 (edited) Including Jos H we spent near on £7m this summer, hardly modest. it's all down to what you consider " modest " isn't it Turkish? If you think of us as a former L1 side , newly promoted and wanting to consolidate in CC - then it sounds a goodly sum, compared to say ..Brighton and Peterboro's spending in the same period. If on the other hand, we are seen as a club who are top of the league, and likely candidates for automatic promotion to the Premiership, then I'd say we made some very shrewd buys for players who most likely would retain their team places when promoted. Of course we would need to spend a lot more on some key players to maintain a secure place in the Prem. but it seems to me that the majority of Prem. signings are costing many millions per player anyway. One million here or there, sounds like a "signing-on fee " for a player in the top divison. ..if not in a lump sum, then as a much higher salary check. Looking at us a potential Premiership side ..I think we've made some of the best buys for many a season past. Considering what we paid for players like; Pahars, Lundekvam Beattie, and Michael Svensson ..around 10 years ago...don't our most recent signings seem like a bargain to you ?..considering 10 year inflation. Edited 6 December, 2011 by david in sweden Link to comment Share on other sites More sharing options...
forever a red and white Posted 6 December, 2011 Share Posted 6 December, 2011 Well if thats what it is then so be it! Let us not forget we spent huge money in League One and given all of the new contracts handed out in the summer I can't help but worry about our wages. Personally, as much as I want us to take advantage of our present league position, I don't want to see £3-4m spent on a player who has no track record of the Prem and even go down the same road as Leicester. Get some a decent loan or two in. At some point our spending will need to be curved. Link to comment Share on other sites More sharing options...
iansums Posted 6 December, 2011 Share Posted 6 December, 2011 We have money, we just don't throw it around. Fine by me. This. Surely it is clear to everyone now that the club does have money to spend but Cortese and Adkins are very, very careful in how they spend it. They are not prepared to pay over the odds for players in terms of transfer fee or salary. Also they want to ensure the player will fit into the squad and not disrupt the team spirit we have. Link to comment Share on other sites More sharing options...
david in sweden Posted 6 December, 2011 Share Posted 6 December, 2011 Cork £? .... something around... £750K ?.. I recall it sounded very cheap at the time . Link to comment Share on other sites More sharing options...
Window Cleaner Posted 6 December, 2011 Share Posted 6 December, 2011 £7m? - I make it £3m -£4m. Fox 1.5, Jos 1.2 and De Ridder £1m? But you've not taken into account last year's deficit and that of the year before. The "Chamberlain" cash was spent before it was received. You only have to look at Bristol City's accounts to know that. Link to comment Share on other sites More sharing options...
Stepgar Posted 6 December, 2011 Share Posted 6 December, 2011 FF in having an anti Saints agenda shocker. People ike you are boring the pants off of this website. Give the guy a break and let him have his say. After all this IS a forum! Link to comment Share on other sites More sharing options...
Viking Warrior Posted 6 December, 2011 Share Posted 6 December, 2011 Echo = ****e newspaper Link to comment Share on other sites More sharing options...
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