Transfer Spending

[tiggerd]

I have been trying to find our average spending over the last few years in comparison to other clubs in the championship. I know there is a lot of talk we are "big spending" but if we look at our spending over the average of 5 years or so I cant remember too much of a heavy investment in the squad.

Anyone have the net spending figures to hand ('tinternet search failed me).

Apologies if this is a muppet question.

 

[Nottingham Fox]

With many deals being 'undisclosed' then I suspect you will fail in your quest to work this out.

You could email Andrew Neville and see if he'll just tell you the figure without going in to individual player costs :icon_wink

 

[Biffa Bacon]

With many deals being 'undisclosed' then I suspect you will fail in your quest to work this out.

You could email Andrew Neville and see if he'll just tell you the figure without going in to individual player costs :icon_wink

If you can get hold if them the annual accounts will give details but be careful as transfer payments may be spread over a few years in the accounts.

 

[sparky79]

I think all of our spending has been average over the past few years.....

 

[consty]

The wages budget for our many managers has been amongst the highest for several years (outside of the premier league of course). I'm sure I've read reports that LCFC's wages budget has been amongst the highest for many years. So even under previous regimes in the past where the transfer budget may not have been that high, previous managers have been well-supported to fish in the 'free transfers' market. In other words, those managers have had freer reign than their competitor clubs via a relatively generous wages budget I think. When going after free transfer players Milan Manderic was very bung ho in that regard for example.

 

[Mike - True Blue Tinter]

The wages budget for our many managers has been amongst the highest for several years (outside of the premier league of course). I'm sure I've read reports that LCFC's wages budget has been amongst the highest for many years. So even under previous regimes in the past where the transfer budget may not have been that high, previous managers have been well-supported to fish in the 'free transfers' market. In other words, those managers have had freer reign than their competitor clubs via a relatively generous wages budget I think. When going after free transfer players Milan Manderic was very bung ho in that regard for example.

Intentional or unintentional pun?

 

[indierich06]

Intentional or unintentional pun?

If it was intentional, it's definitely worth a rolf.

 

[Blue Maniac]

The wages budget for our many managers has been amongst the highest for several years (outside of the premier league of course). I'm sure I've read reports that LCFC's wages budget has been amongst the highest for many years. So even under previous regimes in the past where the transfer budget may not have been that high, previous managers have been well-supported to fish in the 'free transfers' market. In other words, those managers have had freer reign than their competitor clubs via a relatively generous wages budget I think. When going after free transfer players Milan Manderic was very bung ho in that regard for example.

:icon_lol: Nice.

 

[consty]

Intentional or unintentional pun?

I like buns, usually with iceing on top.
In case MM's lawyers are watching I cannot possibly comment upon your question...

 

[Ike O'Noclassed]

If you can get hold if them the annual accounts will give details but be careful as transfer payments may be spread over a few years in the accounts.

The club site helpfully puts out some barebones figures from the annual accounts - the article is usually called something like "LCFC announce financial results" - but that doesn't mean they list transfer fees paid - but lump categories of costs/income together.

 

[FryattFox]

Brief summary of headline figures from the stats. You can't identify anything decisive in there, as the cash flows don't necessarily tally with the fees paid/received, but it can give you an indication.

 

[tiggerd]

So if i am reading that correctly (from a small understanding of published accounts), it looks like we have had a net spending on transfers of £4.3m in 2008, £2.7m in 2009 and then £1.0m in 2010 hardly huge investment.

Or am I mis reading? We may have signed a few players on a free, but generally havent spent large for a while (when was the last £5m player? Mr Ade A.? - shuddering on that one).

 

[FryattFox]

So if i am reading that correctly (from a small understanding of published accounts), it looks like we have had a net spending on transfers of £4.3m in 2008, £2.7m in 2009 and then £1.0m in 2010 hardly huge investment.

Or am I mis reading? We may have signed a few players on a free, but generally havent spent large for a while (when was the last £5m player? Mr Ade A.? - shuddering on that one).

Yes, if by net spending you mean actual cash. So for example, *if* we signed Waghorn for £1m upfront and then £2m if he meets certain criteria, only £1m will be shown in the table above as the cash impact.

Thinking about it, as clubs capitalise transfer costs, a more sensible number would be the additions to the intangibles (where the players are classified). So a more reflective figure for purchases is probably:

2010 £2,305k
2009 £1,400k
2008 £5,869k

That's more reflective, but will include FA levies, agents' fees, etc. And obviously free transfers will be very minimal values in there, as they would be just the agents' fees.

 

[tiggerd]

if we average that back a few years it still isnt a huge ammount we have spent. my feeling is the recent spending is a much needed injection of "maintenance" funde after a bit of underinvestment (considering where we were when we moved into the new stadium).

Its nice to have some money being spent now, it would be nice if there was some upwards movement on the table to show for it.

As I said thats how it feels to me, perhaps I am using a fans usual rose tinted specs and playing down or justifying the "big spending" tag