| "I hope everyone will judge the manager on the cards he has been dealt by me 11:21 - Aug 7 with 5600 views | SamWhiteUK |
and not just on our expectations." - Marcus Evans
This almost sounds like "don't judge him just on results but bear in mind the money situation".
I don't know, not really sure how to take this statement. Does PL have more of ME's support than Hurst did?
|  | | |  |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 13:57 - Aug 7 with 1550 views | WarkTheWarkITFC |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 11:34 - Aug 7 by DanTheMan |
If we pay for players similarly over x years, then why would that matter? |
Because we are getting in a lot money through sales than we are spending.
So even if it is being structured identically in both directions, we are just getting in £200k for every £100k we spend, rather than £2m in for every £1m we spend.
It means we don't have £1m surplus sitting there after the first payment. We have £100k.
This is going to be the case since we last spent more than we got in which was when? 2010? |  |
| |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 14:00 - Aug 7 with 1546 views | braveblue |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 11:33 - Aug 7 by Herbivore |
Did you miss the bit where he said that money doesn't come in all at once but often over 2, 3 or 4 years? |
But when we buy is it not the same? | | | |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 14:02 - Aug 7 with 1540 views | JakeITFC |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 13:57 - Aug 7 by WarkTheWarkITFC |
Because we are getting in a lot money through sales than we are spending.
So even if it is being structured identically in both directions, we are just getting in £200k for every £100k we spend, rather than £2m in for every £1m we spend.
It means we don't have £1m surplus sitting there after the first payment. We have £100k.
This is going to be the case since we last spent more than we got in which was when? 2010? |
I’m not sure I follow you here. |  | | |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 14:08 - Aug 7 with 1529 views | Herbivore |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 14:00 - Aug 7 by braveblue |
But when we buy is it not the same? |
Yes. So if we spend the money we're creating a shortfall in our finances over multiple years and not just one, as opposed to plugging a gap over multiple years which is the path we seem to have chosen instead. |  |
| |
| (No subject) on 14:12 - Aug 7 with 1520 views | WarkTheWarkITFC |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 14:02 - Aug 7 by JakeITFC |
I’m not sure I follow you here. |
It's quite simple.
People are moaning that Evans has said that we don't get all the money in from transfer fees in one payment and they can be over 2, 3 or 4 years because they assume that it works the same when we buy players.
For example, if we buy Harrison for £750,000 and pay in five instalments of 6 months and we also sell a player for the same amount and get in the same £150,000 chunks, then the two perfectly offset each other.
However, we receive more money into the club through transfers than goes out. This all goes into the pot to plug the shortfall. Because we are losing money, we have to make a profit on transfers overall, because we need this revenue to reduce the already sizeable sum that Evans puts in.
So if we make a £3,000,000 'profit' let's call in players sold between now and the end of the season, we haven't got £3,000,000 sitting around the whole time for Evans to invest (not that he would).
We may have £600,000 of it, or maybe even £1,200,000 by the end of the season.
So even when it looks like we have had £3,000,000 in to plug the gap, we may have only had half of that a year or two later, which in the meantime Evans still needs to find from somewhere, which is where his investment comes in.
If we spent more £3,000,000 money on players than we made selling them then the opposite applies. After 5 months we may have £2,400,000 of a £3,000,000 transfer fee put aside in he bank that we could potentially use if absolutely necessary. [Post edited 7 Aug 2019 14:14]
| |
| |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 14:22 - Aug 7 with 1510 views | GeoffSentence |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 11:34 - Aug 7 by DanTheMan |
If we pay for players similarly over x years, then why would that matter? |
Likewise we can assume that we are still getting money from the sales of Waghorn, Garner , Webster, Moore, Murphy and anyone else we have sold over the last three to four years. |  |
| |
| (No subject) on 14:25 - Aug 7 with 1504 views | JakeITFC |
| (No subject) on 14:12 - Aug 7 by WarkTheWarkITFC |
It's quite simple.
People are moaning that Evans has said that we don't get all the money in from transfer fees in one payment and they can be over 2, 3 or 4 years because they assume that it works the same when we buy players.
For example, if we buy Harrison for £750,000 and pay in five instalments of 6 months and we also sell a player for the same amount and get in the same £150,000 chunks, then the two perfectly offset each other.
However, we receive more money into the club through transfers than goes out. This all goes into the pot to plug the shortfall. Because we are losing money, we have to make a profit on transfers overall, because we need this revenue to reduce the already sizeable sum that Evans puts in.
So if we make a £3,000,000 'profit' let's call in players sold between now and the end of the season, we haven't got £3,000,000 sitting around the whole time for Evans to invest (not that he would).
We may have £600,000 of it, or maybe even £1,200,000 by the end of the season.
So even when it looks like we have had £3,000,000 in to plug the gap, we may have only had half of that a year or two later, which in the meantime Evans still needs to find from somewhere, which is where his investment comes in.
If we spent more £3,000,000 money on players than we made selling them then the opposite applies. After 5 months we may have £2,400,000 of a £3,000,000 transfer fee put aside in he bank that we could potentially use if absolutely necessary. [Post edited 7 Aug 2019 14:14]
|
We don’t need a lump sum of £3m though, because we are allowed to pay in instalments as well. | | | |
| (No subject) on 14:31 - Aug 7 with 1490 views | WarkTheWarkITFC |
| (No subject) on 14:25 - Aug 7 by JakeITFC |
We don’t need a lump sum of £3m though, because we are allowed to pay in instalments as well. |
The point is that we wouldn't have the excess £600k instalment in the first place because we don't spend more money than we get in.
So if we are buying a player, even in an instalment, it is harder to find that instalment when we only have £600,000 in towards say a £2m annual loss, than the whole £3m.
The £3m in in one go leaves £1m to buy this player (in instalments). But only getting an instalment in means we are still £1.4m down, which means we are less likely to be able to justify buying this player, even if we know we will get the money eventually. | |
| |
Login to get fewer ads
| Enough of the excuses from PL... on 14:35 - Aug 7 with 1482 views | BrixtonBlue |
| Enough of the excuses from PL... on 11:29 - Aug 7 by Marshalls_Mullet |
He knew what the situation was when he came in.
He has signed players in Judge and Norwood that the rest of the league would kill for.
Yes, we could do with a couple more players in, but....
We have one of the highest wage budgets in the league.
We have on of the best squads in the league.
I would like Evans to fund a couple of signings, but more than anything, I want PL to bloody get on with his job!! |
In what way is PL NOT getting on with his job? |  |
| |
| Enough of the excuses from PL... on 14:36 - Aug 7 with 1478 views | SpruceMoose |
| Enough of the excuses from PL... on 14:35 - Aug 7 by BrixtonBlue |
In what way is PL NOT getting on with his job? |
He's not paid to moan all day! |  |
| Pronouns: He/Him/His.
"Imagine being a heterosexual white male in Britain at this moment. How bad is that. Everything you say is racist, everything you say is homophobic. The Woke community have really f****d this country." | | Poll: | Selectamod |
| |
| Enough of the excuses from PL... on 14:38 - Aug 7 with 1476 views | Naylorsboots |
| Enough of the excuses from PL... on 14:36 - Aug 7 by SpruceMoose |
He's not paid to moan all day! |
 |  | | |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 14:38 - Aug 7 with 1476 views | BrixtonBlue |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 13:10 - Aug 7 by Ryorry |
Evans has only ever seen us as a business venture like any other, rather than buying into the passion & emotion football fans have for their club. As such, he's only ever been prepared to run us on the most cheeseparing, minimal cost lines that in his view are necessary for us to avoid sinking any further and for him to avoid losing any more money than necessary. In other businesses that might (tho not always) be regarded as "good business".
He's not, and never has been, a football man; nor has he ever had the large fortunes that some other owners have had - you need one or the other, if not both, for professional football clubs these days to be up there at the top.
Obvious & sad that it's mostly about the money now - we were a great club because of the attitudes, passion & judgement of the Cobbolds & how they ran things back in the day. I can barely raise a jot of enthusiasm for the Prem & League generally & how they are run now, only for ITFC. |
"he's only ever been prepared to run us on the most cheeseparing, minimal cost lines"
You've got a short memory Ryorry. He threw loads of money at Keane and Jewell.
To say he hasn't bought into the passion and emotion is a bit unfair as well. We really don't know (unless you know him personally) and he's spoken about how his kids, at least, are passionate supporters. | |
| |
| Enough of the excuses from PL... on 14:39 - Aug 7 with 1473 views | BrixtonBlue |
| Enough of the excuses from PL... on 14:36 - Aug 7 by SpruceMoose |
He's not paid to moan all day! |
Has he been moaning all day? | |
| |
| (No subject) on 14:39 - Aug 7 with 1472 views | JakeITFC |
| (No subject) on 14:31 - Aug 7 by WarkTheWarkITFC |
The point is that we wouldn't have the excess £600k instalment in the first place because we don't spend more money than we get in.
So if we are buying a player, even in an instalment, it is harder to find that instalment when we only have £600,000 in towards say a £2m annual loss, than the whole £3m.
The £3m in in one go leaves £1m to buy this player (in instalments). But only getting an instalment in means we are still £1.4m down, which means we are less likely to be able to justify buying this player, even if we know we will get the money eventually. |
We aren’t £1.4m down though are we, because the money is accounted for in the instalments to be accrued at a later date. There will be a relatively small cost of cash for our bills etc (although I don’t think we pay using particularly favourable terms in general) and possibly some sort of decay factor on the debt in case we run into a Bolton or whatever but that money is budgeted for.
In your model we are effectively unexpectedly cash rich every month. | | | |
| Enough of the excuses from PL... on 14:41 - Aug 7 with 1464 views | SpruceMoose |
| Enough of the excuses from PL... on 14:39 - Aug 7 by BrixtonBlue |
Has he been moaning all day? |
My sources tell me yes. | |
| Pronouns: He/Him/His.
"Imagine being a heterosexual white male in Britain at this moment. How bad is that. Everything you say is racist, everything you say is homophobic. The Woke community have really f****d this country." | | Poll: | Selectamod |
| |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 14:43 - Aug 7 with 1461 views | Herbivore |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 14:22 - Aug 7 by GeoffSentence |
Likewise we can assume that we are still getting money from the sales of Waghorn, Garner , Webster, Moore, Murphy and anyone else we have sold over the last three to four years. |
And still paying out on the likes of Jackson, Nolan, Nsiala, Edwards etc. | |
| |
| Enough of the excuses from PL... on 14:43 - Aug 7 with 1457 views | BrixtonBlue |
| Enough of the excuses from PL... on 14:41 - Aug 7 by SpruceMoose |
My sources tell me yes. |
You can probably still do your job while moaning. We've won our first game and kept a clean sheet, with a makeshift team. I'd say he's doing his job. | |
| |
| Enough of the excuses from PL... on 14:46 - Aug 7 with 1449 views | SpruceMoose |
| Enough of the excuses from PL... on 14:43 - Aug 7 by BrixtonBlue |
You can probably still do your job while moaning. We've won our first game and kept a clean sheet, with a makeshift team. I'd say he's doing his job. |
Only if you're a porn star. | |
| Pronouns: He/Him/His.
"Imagine being a heterosexual white male in Britain at this moment. How bad is that. Everything you say is racist, everything you say is homophobic. The Woke community have really f****d this country." | | Poll: | Selectamod |
| |
| Enough of the excuses from PL... on 14:57 - Aug 7 with 1434 views | BrixtonBlue |
| Enough of the excuses from PL... on 14:46 - Aug 7 by SpruceMoose |
Only if you're a porn star. |
They don't keep clean sheets. Erm, so I'm told. | |
| |
| (No subject) on 14:58 - Aug 7 with 1425 views | WarkTheWarkITFC |
| (No subject) on 14:39 - Aug 7 by JakeITFC |
We aren’t £1.4m down though are we, because the money is accounted for in the instalments to be accrued at a later date. There will be a relatively small cost of cash for our bills etc (although I don’t think we pay using particularly favourable terms in general) and possibly some sort of decay factor on the debt in case we run into a Bolton or whatever but that money is budgeted for.
In your model we are effectively unexpectedly cash rich every month. |
You're failing to understand this tragically.
In what way are we unexpectedly cash rich in my model every month.
My model is based on money we get in from player sales coming in over 2.5 years in 5 instalments rather than in full up front.
So the financial situation is exactly the same, only with us having 80%, 60%, 40% or 20% less of a publicised transfer fee depending on where we are in said timeline.
How can having less of the money we are owed make us seem cash rich in your mind!!! | |
| |
| Enough of the excuses from PL... on 15:00 - Aug 7 with 1420 views | SpruceMoose |
| Enough of the excuses from PL... on 14:38 - Aug 7 by Naylorsboots |
|
Fairly sure sneaking back in when already banned is a genuine banning offence, buddy. | |
| Pronouns: He/Him/His.
"Imagine being a heterosexual white male in Britain at this moment. How bad is that. Everything you say is racist, everything you say is homophobic. The Woke community have really f****d this country." | | Poll: | Selectamod |
| |
| (No subject) on 15:02 - Aug 7 with 1410 views | JakeITFC |
| (No subject) on 14:58 - Aug 7 by WarkTheWarkITFC |
You're failing to understand this tragically.
In what way are we unexpectedly cash rich in my model every month.
My model is based on money we get in from player sales coming in over 2.5 years in 5 instalments rather than in full up front.
So the financial situation is exactly the same, only with us having 80%, 60%, 40% or 20% less of a publicised transfer fee depending on where we are in said timeline.
How can having less of the money we are owed make us seem cash rich in your mind!!! |
If we sell a player for £1.2m and receive 12 monthly instalments, would you say our budget for the year is £1.2m better off or £100k better off? | | | |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 15:04 - Aug 7 with 1407 views | MrTown |
Evans spends a lot of money running this club annually, with no return, or guarantee in repayment of debts. Obviously fans want to see money spent but the financial implications of League 1 football will obviously effect us.
However I must say, Evans is adding that protection for Lambert but in my opinion the hand that Lambert has been dealt is still one of the best in the league. Failure of promotion would be at Lamberts doorstep. |  |
| |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 15:07 - Aug 7 with 1391 views | Mullet |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 15:04 - Aug 7 by MrTown |
Evans spends a lot of money running this club annually, with no return, or guarantee in repayment of debts. Obviously fans want to see money spent but the financial implications of League 1 football will obviously effect us.
However I must say, Evans is adding that protection for Lambert but in my opinion the hand that Lambert has been dealt is still one of the best in the league. Failure of promotion would be at Lamberts doorstep. |
Alternatively though. We should never be in this league, so having the best hand or one of isn't all that great of an achievement. Especially when that is entirely subjective and no sure thing for success.
Evans doesn't do this because he's the Mother Theresa of East Anglian football. He is doing this so he can get his snout in the Premier League trough. I've got no issue with that, but he seems so far away from it he's almost off the bloody farm.
Failure as with "success" (which promotion isn't, it's just a return to normality) is on both of them. I don't see how you can blame one without the other or praise them here. The two men, the two issues, the whole club are intertwined around what Evans does/doesn't do this season. |  |
| |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 15:08 - Aug 7 with 1389 views | Bogblue |
| "I hope everyone will judge the manager on the cards he has been dealt by me on 13:57 - Aug 7 by WarkTheWarkITFC |
Because we are getting in a lot money through sales than we are spending.
So even if it is being structured identically in both directions, we are just getting in £200k for every £100k we spend, rather than £2m in for every £1m we spend.
It means we don't have £1m surplus sitting there after the first payment. We have £100k.
This is going to be the case since we last spent more than we got in which was when? 2010? |
can't decide if thats double dutch or Chinese whispers? | | | |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.
