Matthew Le God Posted 5 July, 2021 Share Posted 5 July, 2021 2 minutes ago, verlaine1979 said: Our wage bill is higher than our cut of the TV rights. That doesn't mean the TV money doesn't go to the wage bill. As will matchday income, sponsorship deals etc etc. Link to comment Share on other sites More sharing options...
verlaine1979 Posted 5 July, 2021 Share Posted 5 July, 2021 1 minute ago, MarkSFC said: Link? Thought it was 80-90m Going by what Swiss Ramble said during the January analysis of our accounts Link to comment Share on other sites More sharing options...
MarkSFC Posted 5 July, 2021 Share Posted 5 July, 2021 Just now, verlaine1979 said: Going by what Swiss Ramble said during the January analysis of our accounts Thanks. Probably reduced now but still too close!! Link to comment Share on other sites More sharing options...
skintsaint Posted 6 July, 2021 Share Posted 6 July, 2021 (edited) How accurate is that wage stat? If we had a 30 man first team squad it would average 73k per week per player, which is what our top earner probably is on right now. I understand there are groundsmen, ticket sales staff etc but they are prob on about 1k per week max. Maybe i'm missing something. Looking at our squad we are wasting a lot of money on wages for nothing too special. Edited 6 July, 2021 by skintsaint Link to comment Share on other sites More sharing options...
Roo1976 Posted 6 July, 2021 Share Posted 6 July, 2021 6 hours ago, skintsaint said: How accurate is that wage stat? If we had a 30 man first team squad it would average 73k per week per player, which is what our top earner probably is on right now. I understand there are groundsmen, ticket sales staff etc but they are prob on about 1k per week max. Maybe i'm missing something. Looking at our squad we are wasting a lot of money on wages for nothing too special. Just like 90% of other premier league teams,wasting money making bang average players very rich,why couldnt i make it as a footballer........... Link to comment Share on other sites More sharing options...
Daft Kerplunk Posted 6 July, 2021 Share Posted 6 July, 2021 6 hours ago, skintsaint said: How accurate is that wage stat? If we had a 30 man first team squad it would average 73k per week per player, which is what our top earner probably is on right now. I understand there are groundsmen, ticket sales staff etc but they are prob on about 1k per week max. Maybe i'm missing something. Looking at our squad we are wasting a lot of money on wages for nothing too special. Well they’ve got 5 ‘directors’ who combined are probably close to a million. Then there’s apparently a load of other ‘directors’ who probably earn similar when combined, then loads of ‘heads of’ departments earning decent money, then a load more ‘managers’ plus loads of minions producing documents for the people up top to review and pass back down again. It’s the corporate way. And on the football side, there’s a football premium so all the first team staff, full time coaches, sport science staff and physios etc. Plus over a million on women’s team. It all adds up. Link to comment Share on other sites More sharing options...
Diabolus Ex Machina Posted 6 July, 2021 Share Posted 6 July, 2021 7 hours ago, skintsaint said: How accurate is that wage stat? If we had a 30 man first team squad it would average 73k per week per player, which is what our top earner probably is on right now. I understand there are groundsmen, ticket sales staff etc but they are prob on about 1k per week max. Maybe i'm missing something. Looking at our squad we are wasting a lot of money on wages for nothing too special. That wage stat matches what’s in the officially published accounts (these can be found on the companies house website if you ever want to check them out yourself) though it is the combination of wages (around £100m) and other staff costs (social security, pensions etc…). Keep in mind this is for all staff and not just playing staff. Agents aren’t stupid, as soon as the T.V rights value went up they made sure to push for higher fees and wages for their clients and so the benefit to the clubs of the new T.V deal isn’t as significant as people might think. Overall turnover for the year in question was £125m while operating costs were about £150.5m leading to a loss of around £25.5m. These figures do not account for player trading where we made a significant loss for the second straight year as well. Matchday revenue was the big loss due to the pandemic and deals with LD sports and Under Armour haven’t helped either. In turns of making money then you have to rely on Cup runs, getting into Europe (dominated mostly by the ‘Big 6’ anyway), getting more of our games on T.V , league position (which is only around £2m per place) or via commercial revenue (which we have a relatively small amount of and have been historically poor at increasing). Once fans are back in stadiums i'd imagine our finances will look a little rosier - especially if we can lower the wage bill a bit by getting rid of the players we keep loaning out. Link to comment Share on other sites More sharing options...
trousers Posted 8 July, 2021 Share Posted 8 July, 2021 Just received this notification that the club's pre-1995 mortgage documents are in the process of being uploaded to Companies House.... Any financial gurus out there who can comment on why this retrospective activity might be happening at this moment in time....? A paperwork housekeeping exercise ahead of a potential takeover per chance...? #clutchingatstraws Link to comment Share on other sites More sharing options...
Nolan Posted 8 July, 2021 Share Posted 8 July, 2021 Just took a look at the 167 pages they've uploaded. Mortgages charges from 1923-1981 for a lot of sites. The most recent ones are for a lot of the premises along Burton Road. Link to comment Share on other sites More sharing options...
Toussaint Posted 9 July, 2021 Share Posted 9 July, 2021 10 hours ago, Nolan said: Just took a look at the 167 pages they've uploaded. Mortgages charges from 1923-1981 for a lot of sites. The most recent ones are for a lot of the premises along Burton Road. When you say recent, would that coincide with the time they were rumoured to be turning the Dell through 90 degrees? At the time it was said the church wouldn’t sell and that’s what halted it? Or was that all just urban myth? Link to comment Share on other sites More sharing options...
Saint Billy Posted 9 July, 2021 Share Posted 9 July, 2021 Blimey, came on here hoping for some exciting news and basically get something similar to MLG's diaries. 3 Link to comment Share on other sites More sharing options...
trousers Posted 9 July, 2021 Share Posted 9 July, 2021 12 hours ago, Nolan said: Just took a look at the 167 pages they've uploaded. Mortgages charges from 1923-1981 for a lot of sites. The most recent ones are for a lot of the premises along Burton Road. Cheers for that Nolan. Seems slightly bizarre to be uploading documents from 1923 in the year 2021...! Link to comment Share on other sites More sharing options...
Nolan Posted 9 July, 2021 Share Posted 9 July, 2021 Should add that there are a lot of "satisfaction" of charges in that file too. Link to comment Share on other sites More sharing options...
Badger Posted 11 July, 2021 Share Posted 11 July, 2021 On 08/07/2021 at 20:34, Nolan said: Just took a look at the 167 pages they've uploaded. Mortgages charges from 1923-1981 for a lot of sites. The most recent ones are for a lot of the premises along Burton Road. Presumably this was done at a time the club were considering expanding The Dell and turning the pitch round. Link to comment Share on other sites More sharing options...
spyinthesky Posted 11 July, 2021 Share Posted 11 July, 2021 Does the club still own Badgers(?) Farm? Link to comment Share on other sites More sharing options...
Ken Tone Posted 11 July, 2021 Share Posted 11 July, 2021 On 06/07/2021 at 02:18, skintsaint said: How accurate is that wage stat? If we had a 30 man first team squad it would average 73k per week per player, which is what our top earner probably is on right now. I understand there are groundsmen, ticket sales staff etc but they are prob on about 1k per week max. Maybe i'm missing something. Looking at our squad we are wasting a lot of money on wages for nothing too special. You have to remember that football wages are usually quoted *after* tax. Tge obscenely high money that we hear players are paid are actually their take home pay. The clubs pay their tax for them in effect - or in Portsmouth's case they didn't! 🙂 So to pay someone say £60k a week will cost the club around 100k. And it is wage costs that show in the accounts, not the take home pay. 1 Link to comment Share on other sites More sharing options...
Katalinic Posted 11 July, 2021 Share Posted 11 July, 2021 19 minutes ago, spyinthesky said: Does the club still own Badgers(?) Farm? Jacksons Farm? Haven't heard it mentioned for years, it was always touted as a potential development gold mine. 1 Link to comment Share on other sites More sharing options...
Turkish Posted 11 July, 2021 Share Posted 11 July, 2021 2 hours ago, spyinthesky said: Does the club still own Badgers(?) Farm? No the club don’t own a massive part of south Winchester 1 2 Link to comment Share on other sites More sharing options...
SaintsLoyal Posted 11 July, 2021 Share Posted 11 July, 2021 2 hours ago, spyinthesky said: Does the club still own Badgers(?) Farm? jacksons farm, might be still on the accounts buts its nowhere near anything of valuation that was touted in the past. Some of it now has a road running through it, but unless your the developer its flat grass land. Link to comment Share on other sites More sharing options...
skintsaint Posted 6 August, 2021 Share Posted 6 August, 2021 https://www.bbc.com/sport/football/58111494 Looks like West Ham next up for a takeover bid. Link to comment Share on other sites More sharing options...
Saint86 Posted 6 August, 2021 Share Posted 6 August, 2021 (edited) 9 minutes ago, skintsaint said: https://www.bbc.com/sport/football/58111494 Looks like West Ham next up for a takeover bid. Such a weird one, the owners don't want to sell so they're trying to turn the fans against them. Toxic from the word go. And lets be honest, they've done a good job at West Ham. What happened to the De Grosa view being that serious bidders keep things quiet as well? Edited 6 August, 2021 by Saint86 Link to comment Share on other sites More sharing options...
SuperSAINT Posted 6 August, 2021 Share Posted 6 August, 2021 9 minutes ago, skintsaint said: https://www.bbc.com/sport/football/58111494 Looks like West Ham next up for a takeover bid. 1st paragraph… Link to comment Share on other sites More sharing options...
Turkish Posted 6 August, 2021 Share Posted 6 August, 2021 I just dont understand why some oil billionaire hasn't bought us yet. Why cant they see our potential? 2 Link to comment Share on other sites More sharing options...
skintsaint Posted 6 August, 2021 Share Posted 6 August, 2021 (edited) 4 minutes ago, SuperSAINT said: 1st paragraph… haha no wonder they got the Ferdinand bro's to front them! Edited 6 August, 2021 by skintsaint 1 Link to comment Share on other sites More sharing options...
westmidlandsaint Posted 6 August, 2021 Share Posted 6 August, 2021 I was really expecting to see some movement after our PL status was secured and not having any movement has harmed our chances for next season. I dont like Gao but must be tough for him. Supposedly China have said he cant invest any more money so naturally he wants to sell & naturally he wants his money back. Problem is with Covid the valuation has dropped as no matchday revenue has had an effect on turnover. But without investment relegation is a strong possibility and if thats the case he'll never get his money back. Think he might need to cut his losses and run at some point. 1 Link to comment Share on other sites More sharing options...
SuperSAINT Posted 6 August, 2021 Share Posted 6 August, 2021 20 minutes ago, westmidlandsaint said: I was really expecting to see some movement after our PL status was secured and not having any movement has harmed our chances for next season. I dont like Gao but must be tough for him. Supposedly China have said he cant invest any more money so naturally he wants to sell & naturally he wants his money back. Problem is with Covid the valuation has dropped as no matchday revenue has had an effect on turnover. But without investment relegation is a strong possibility and if thats the case he'll never get his money back. Think he might need to cut his losses and run at some point. I’m a pessimist and even I thought something would happen this summer with a takeover. I will go back to pessimism. Link to comment Share on other sites More sharing options...
stknowle Posted 6 August, 2021 Share Posted 6 August, 2021 4 minutes ago, SuperSAINT said: I’m a pessimist and even I thought something would happen this summer with a takeover. I will go back to pessimism. I'm a pessimist and I thought nothing would happen this summer with a takeover. I will remain pessimistic. Link to comment Share on other sites More sharing options...
SKD Posted 6 August, 2021 Share Posted 6 August, 2021 23 minutes ago, SuperSAINT said: I’m a pessimist and even I thought something would happen this summer with a takeover. I will go back to pessimism. Likewise. Too late for any new potential owner to have any impact now. Does the sale of ings suggest no take over is close? Surely if you were to sell, you’d want your prized asset still at the club. Link to comment Share on other sites More sharing options...
Chapel End Posted 6 August, 2021 Share Posted 6 August, 2021 40 minutes ago, SKD said: Likewise. Too late for any new potential owner to have any impact now. Does the sale of ings suggest no take over is close? Surely if you were to sell, you’d want your prized asset still at the club. What/who is our prized asset...? And before you say Ings, he was our prized asset but as his contact wore on his value lessoned, we then cashed in for 30m for 9 months worth of asset. I guess it has to be JWP now? Link to comment Share on other sites More sharing options...
Master Bates Posted 11 August, 2021 Share Posted 11 August, 2021 https://www.hampshirelive.news/sport/football/football-news/martin-semmens-southampton-takeover-owners-5771695 Link to comment Share on other sites More sharing options...
Ex Lion Tamer Posted 11 August, 2021 Share Posted 11 August, 2021 On 06/08/2021 at 06:55, westmidlandsaint said: I was really expecting to see some movement after our PL status was secured and not having any movement has harmed our chances for next season. I dont like Gao but must be tough for him. Supposedly China have said he cant invest any more money so naturally he wants to sell & naturally he wants his money back. Problem is with Covid the valuation has dropped as no matchday revenue has had an effect on turnover. But without investment relegation is a strong possibility and if thats the case he'll never get his money back. Think he might need to cut his losses and run at some point. But if I've understood correctly, the Chinese government have also told him he can't sell at a loss, so he's trapped unless he can find a buyer willing to pay full price Link to comment Share on other sites More sharing options...
Ex Lion Tamer Posted 11 August, 2021 Share Posted 11 August, 2021 11 minutes ago, Master Bates said: https://www.hampshirelive.news/sport/football/football-news/martin-semmens-southampton-takeover-owners-5771695 I hope this reassures some people that although Gao doesn't make grand statements or get hands on with the club, he does take an interest in what is going on 2 Link to comment Share on other sites More sharing options...
Scottie Posted 11 August, 2021 Share Posted 11 August, 2021 Interesting article and quite reassuring. The more I hear from Semmens the more I like him. Talks a lot of sense and clearly has the clubs best interests at heart. Fingers crossed he can find the right sort of investment for the club. Link to comment Share on other sites More sharing options...
Turkish Posted 11 August, 2021 Share Posted 11 August, 2021 Palace get some investment https://www.bbc.co.uk/sport/football/58169609?at_custom1=[post+type]&at_custom2=facebook_page&at_custom3=Match+of+the+Day&at_custom4=2D687DD0-FACF-11EB-BEFA-91FA39982C1E&at_medium=custom7&at_campaign=64&fbclid=IwAR32lJ44ZNUumLPWJJGqerpOn9XrFYfiuUodgDwrdz9nSR7zO43MioTLIq0 Link to comment Share on other sites More sharing options...
WestMidSaint Posted 11 August, 2021 Share Posted 11 August, 2021 Fascinating when he says he could get us investment but we wouldn’t like it?! 1 Link to comment Share on other sites More sharing options...
redkeith Posted 12 August, 2021 Share Posted 12 August, 2021 9 hours ago, WestMidSaint said: Fascinating when he says he could get us investment but we wouldn’t like it?! Probably means that there are investors or hedge funds out there who would buy the club or part of it but who would want their money back quickly, like De Grossa or even worse. Imagine an owner who say's you have the Ings money, but I'm keeping the Vestegaard money! 1 Link to comment Share on other sites More sharing options...
Turkish Posted 17 August, 2021 Share Posted 17 August, 2021 (edited) Premier League: Clubs have been ranked according to fan confidence in their owners | GiveMeSport Goa isnt the worst owner, there are 3 worse, according to this. Although not quite sure how they work that out given Ashley is doing what we are doing, ie just enough to stay up but they dont have to sell to buy and arent in tens of millions of debt. Man U and Arsenal hardly comparable. Edited 17 August, 2021 by Turkish Link to comment Share on other sites More sharing options...
Matthew Le God Posted 17 August, 2021 Share Posted 17 August, 2021 27 minutes ago, Turkish said: Premier League: Clubs have been ranked according to fan confidence in their owners | GiveMeSport Goa isnt the worst owner, there are 3 worse, according to this. Although not quite sure how they work that out given Ashley is doing what we are doing, ie just enough to stay up but they dont have to sell to buy and arent in tens of millions of debt. Man U and Arsenal hardly comparable. Not a case of working it out, it is 20 fan surveys independent from each other. Link to comment Share on other sites More sharing options...
Turkish Posted 17 August, 2021 Share Posted 17 August, 2021 6 minutes ago, Matthew Le God said: Not a case of working it out, it is 20 fan surveys independent from each other. who are the 15.4% who have confidence in Goa? 1 Link to comment Share on other sites More sharing options...
Matthew Le God Posted 17 August, 2021 Share Posted 17 August, 2021 (edited) 5 minutes ago, Turkish said: who are the 15.4% who have confidence in Goa? Can you name something Gao has done wrong? Not investing doesn't count. He isn't a good owner, he isn’t a bad owner. He is a pointless owner. Edited 17 August, 2021 by Matthew Le God 1 Link to comment Share on other sites More sharing options...
MarkSFC Posted 17 August, 2021 Share Posted 17 August, 2021 8 minutes ago, Matthew Le God said: Can you name something Gao has done wrong? Not investing doesn't count. He isn't a good owner, he isn’t a bad owner. He is a pointless owner. Why does he need to? Its irrelevant to the question he asked. Link to comment Share on other sites More sharing options...
Matthew Le God Posted 17 August, 2021 Share Posted 17 August, 2021 (edited) 2 minutes ago, MarkSFC said: Why does he need to? Its irrelevant to the question he asked. His question was rhetorical. How is anyone on the forum going to be able to list the 15%? Edited 17 August, 2021 by Matthew Le God Link to comment Share on other sites More sharing options...
Uncle Albert Posted 17 August, 2021 Share Posted 17 August, 2021 (edited) 15 minutes ago, Matthew Le God said: Can you name something Gao has done wrong? Not investing doesn't count. He isn't a good owner, he isn’t a bad owner. He is a pointless owner. Why doesn’t it count? That’s one of the main needs a football club need to receive from its owner, he fails on this front and therefore is a bad owner. Edited 17 August, 2021 by Uncle Albert 2 Link to comment Share on other sites More sharing options...
OttawaSaint Posted 17 August, 2021 Share Posted 17 August, 2021 20 minutes ago, Turkish said: who are the 15.4% who have confidence in Goa? The Portuguese... 2 Link to comment Share on other sites More sharing options...
JxgrSaint Posted 17 August, 2021 Share Posted 17 August, 2021 4 minutes ago, Matthew Le God said: His question was rhetorical. How is anyone on the forum going to be able to list the 15%? https://en.m.wikipedia.org/wiki/Rhetorical_question Link to comment Share on other sites More sharing options...
Turkish Posted 17 August, 2021 Share Posted 17 August, 2021 14 minutes ago, Matthew Le God said: Can you name something Gao has done wrong? Not investing doesn't count. He isn't a good owner, he isn’t a bad owner. He is a pointless owner. Despite being a pointless owner 15% of fans have confidence in him. Link to comment Share on other sites More sharing options...
benjii Posted 17 August, 2021 Share Posted 17 August, 2021 On 11/08/2021 at 20:54, Master Bates said: https://www.hampshirelive.news/sport/football/football-news/martin-semmens-southampton-takeover-owners-5771695 Sounds like a mess. Link to comment Share on other sites More sharing options...
Matthew Le God Posted 17 August, 2021 Share Posted 17 August, 2021 24 minutes ago, Uncle Albert said: Why doesn’t it count? That’s one of the main needs a football club need to receive from its owner, he fails on this front and therefore is a bad owner. Because him not being able to invest isn't his fault. Restrictions from his national government. 1 Link to comment Share on other sites More sharing options...
Katalinic Posted 17 August, 2021 Share Posted 17 August, 2021 3 minutes ago, Matthew Le God said: Because him not being able to invest isn't his fault. Restrictions from his national government. Which is why we should never have got involved with him - the whole Chinese investment into football was clearly state driven and therefore fraught with risk. Link to comment Share on other sites More sharing options...
Ex Lion Tamer Posted 17 August, 2021 Share Posted 17 August, 2021 36 minutes ago, Turkish said: Despite being a pointless owner 15% of fans have confidence in him. It's basically a badly worded survey. I don't have confidence in Gao to invest and take us to the next level. I do have confidence in him to oversee a decently well run club which makes the most of its limited resources Link to comment Share on other sites More sharing options...
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