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What is Saints transfer budget?


BrokenGusBus
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Why do they think West Ham and Reading have a budget of £10m more than us?

 

Because they are clueless I would say. I cannot believe that Cortese will only sanction Adkins to spend 5m this year and expect us to be competitive in the Premier. Only my view but I believe that our previous record signing figure will be broken on more than one occasion before the first ball is kicked.

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It really is not just about the outlay of a transfer fee for a player there is far more to it than that. There are signing on fees, agent’s fees, buy out clauses and many more costs that we are unlikely to hear about.

 

Also added to that there will have been clauses activated on current staffs contracts which give them pay rises, bonuses and additional payments.

 

Of the 90 million windfall as you put it we will probably outlay 10-20 million in actual transfer fees, but you can rest assured the other 70 million odd will be going to someone else in some manner and we will probably just about break even in our first season back.

 

That is Premier league football and why the players and agents wouldn't have it any other way.

 

I just hope we sign the right players, in Nigel and Nicola I trust to do the right thing by the club. COYR

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The writers are just young, inexperienced freelancers writing for low budget blogs and mags because they are cheap to hire. You cant put any credibility in what Goal write. Better off reading the Mirror or Lancashire telegraph.

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Considering we have been looking to splash 7m on Hooper or Rodriguez we have to assume there's something double or tribble that (20m odd) there to spend, maybe more if we can get the right deals, plus a lot of space in the wage budget to accommodate some new signings.

 

Got a feeling this is one of those seasons where "how much" isn't really of interest but who and how quickly can they integrate into the squad is much more important.

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We have much more than £5m available to spend, which has been confirmed by Burnley's acceptance of our £7m bid.

 

I agree we probably have more to spend than £5m if we want to. However, the £7m bid for Jay-Rod is probably the top-end figure with all add-ons. Up front figure may be only £5m. I remember we sold Walcott for £12m but only received £6-7m.

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How much money do you think Nige will get to play with this summer? Most of the media think we won't be reaching to far into that £90 million pound treasure chest.. http://www.goal.com/en-gb/news/2896/premier-league/2012/05/26/3126911/cole-foster-and-cox-the-players-west-brom-wigan-reading?

 

What a totally ridiculous article that is. We are after Cole, Foster and Cox? We have a 5m budget compared to at least 15m for the others (including Reading). Further down the article it says we are after Simon Cox of West Brom, Kenwyne Jones from Stoke, Jay Rodriguez of Burnley, Conor McAleny of Everton and Kevin Doyle from Wolves... 1 from 5 ain't bad right?

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Just had a look at that article. I know Wigan and Reading have benefited from Premiership income and parachute payments, but to have us down at only £5m to spend is stupid. I know crowd numbers won't be as important as before but we have much healthier attendance figures and aren't paying off debt. I suppose Wet sham will be as eager to stay at the top next season as they were to get promoted, but that's purely survival instinct for them at the moment, given their debt situation.

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I agree we probably have more to spend than £5m if we want to. However, the £7m bid for Jay-Rod is probably the top-end figure with all add-ons. Up front figure may be only £5m. I remember we sold Walcott for £12m but only received £6-7m.

 

We only received the lower figure because we went back and renegotiated the figure downwards in order to get more money sooner when we were desperate and in admin., it's hardly a good example for "increments don't always produce the full figure", because Walcott is still racking up England caps, has scored an international hat-trick and will probably add to his international goals tally at some point too - short of a clause for more money when England win a major tournament, we'd have probably got the lot for Theo, had we not decided to cash in a lower amount.

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It doesn't even matter if we spend nothing, provided the frees we get in are Prem quality players, they'll be paid appropriately, but no-one ever seems to talk about the wages, just the fee.

 

£20k a week is about a million a year, so for a 4 year deal there's another £4m in expenditure immediately... yet apparently that's not worth considering.

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The total transfer money available will be dependent on the contracts agreed with the first couple of signings. If Rodrigez agrees personal terms that substantially reduces his salary if Saints are relegated this season then that allows more flexibility with the current transfer budget which could be balanced by parachute payments.

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The total transfer money available will be dependent on the contracts agreed with the first couple of signings. If Rodrigez agrees personal terms that substantially reduces his salary if Saints are relegated this season then that allows more flexibility with the current transfer budget which could be balanced by parachute payments.

 

Did you just say "our transfer budget for this summer will depend on if we're relegated or not"?

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the " so-called " budget clearly means money to acquire and pay someone for a contracted period, and depends on the players status at the time.

 

JayRod being under contract to Burnley, and being "valued" by potential buyers / and his club at £7 million, or whatever figure is finally agreed - will cost is a lot over 4 years. But we are sure to sign others who are OOC / Bosman / free transfer players/ with much less initial cost and probably lower salary than Jay Rod will demand.

 

In the end Cortese (who surely understands financial issues as well as any League Chairman) will make available as much as he thinks necessary - (and I don't expect him to confide that info. to the Echo). Though he surely has a bottom line and he won't overstep that....except in extreme circumstances.

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