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Fourth Sell-On Windfall for Blues as Moore Completes Wigan Move
Monday, 5th Aug 2019 18:37

Town are set to receive a small sell-on windfall after former striker Kieffer Moore completed his move from Barnsley to Wigan Athletic.

The fee is reported to be an initial £2.5 million rising to £3 million, lower than the figure claimed last week.

The Blues are understood to be due 10 per cent of the profit the Tykes make on Moore, 26, who Town sold to the South Yorkshiremen for £750,000 in January 2018.

That comes to £175,000, however, his former club Forest Green Rovers will be entitled to a percentage of that figure, perhaps as much as 20 per cent having picked up a six-figure sum from the big frontman's previous move.

Town have already received more significant windfalls from Adam Webster joining Brighton from Bristol City, Matt Clarke’s switch from Portsmouth to the Seagulls and Tyrone Mings’s move from AFC Bournemouth to Aston Villa.

In total, from the four deals, Town are due an initial figure probably just over £3 million.

However, with the Blues' income having been reduced by £9 million due to relegation to League One - having made an operating loss of £8.39 million in the financial year to June 2018 in line with most recent Championship seasons - manager Paul Lambert says he's not seen any of it.

“Mings, Clarke, maybe Webster, we haven’t bought one player,” the Blues boss said at Friday's press conference.

“I don’t know if the money has come in, nobody has told me it has come in. I don’t know.”

He added: “Whatever way those deals were structured before I came in, whenever the money comes in, it could be three years' time down the line, four years down the line, it could be now, I don’t know. But you haven’t seen one player I’ve bought, I’ve not bought a player.”


Photo: Action Images



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Pilgrimblue added 21:11 - Aug 5
Grigzee

It doesn't need £ms just good players being paid good wages. That won't breach FF in the same way as loans. If PL identifies the players he wants then I doubt very much they'll involve transfer fees just wages and decent contract.
We have to remember that ME didn't fund MM when we were challenging for promotion, having previously wasted millions on those two idiots he employed before. And then he compounds it all by go for cheap option with Hurst and allowed him to sell Championship players and replace them with L1 L2. IDIOT
2

TractorRoyNo1 added 21:14 - Aug 5
If your current account was £900 down and you won £300 would you spend it or reduce your overdraft?
0

alfromcol added 21:25 - Aug 5
Is that the same Matt Clark playing tonight for Derby on loan from Brighton?
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Gcon added 21:30 - Aug 5
We only have a £9m drop in revenue this year because of ME's failure to invest in this club.
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pennblue added 21:32 - Aug 5
I think it is fairly obvious Evans does not have the money to spend and he needs it to keep the club afloat.

What he needs to do is to sell up and he has to be prepared to walk away from the majority of that 90. Million the club owes him else No one will buy.

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pennblue added 21:37 - Aug 5
The trouble is for Evans to sell the club he has to write off debt and accept the losses.

But it is a bit like if you own a house which has dropped in value, you don't want to sell it at the bottom. You want to keep hold of it until the bounce back.

The easiest way for Evans to do this is to try and run it as close to break even as possible.

But he should be prepared to buy young up and coming players as these have proven to be good investments so you would think if Dave bowman gives the nod as well as lambert most signings will make money when we sell them on
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brendenward35 added 21:43 - Aug 5
Matt Richards and Tom Lawrence interview on sky sports two great players who played for Town
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ChestnutSe added 22:29 - Aug 5
I thought ME had been pretty clear (and PL for that matter). We won't be paying any meaningful fees for players. All signings will be free transfers or loans with the emphasis being on bringing the Academy players through. I thought that was what Ipswich fans wanted.
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BeattiesBackPocket added 22:36 - Aug 5
Evans only comes out when he wants to sell season tickets with broken promises it's not just this season it's all the time mick was here as well talking about challenging sold tickets then nothing and told by mick it was never about challenging his remit was to stay in the league. How ambitious!
0

Blue041273 added 22:39 - Aug 5
Pilgrimblue
It's not quite that simple. The fundamental point of FFP is that Clubs need to balance football-related expenditure - transfers and wages - with television and ticket income, plus revenues raised by their commercial departments. Significantly money spent on stadiums, training facilities, youth development or community projects is exempt.
We found to our cost in recent years that at least 50% of clubs in the Championship deliberately flout FFP rules in a desperate gamble to get promotion to the Premier League. ITFC did not! Most of these clubs could be considered as being big city clubs with substantial financial support from their owners. Over the years the EFL has been wary of potentially expensive challenges to their imposing penalties for supposed FFP breaches of FFP rules.
The situation is even worse in the divisions below the Championship inasmuch as television revenues are drastically reduced and the Premiership solidarity payments are spread much more thinly. But the FFP rules which, like them or not, are there to prevent clubs spending beyond their means and ultimately risking financial ruin and going out of business. As Bolton and Bury have found to their cost clubs outside of the elite are vulnerable to all kinds of financial issues. Both clubs now have to prove that they are financially viable or risk going out of business!
We can blame ME for all our ills but going forward we cannot, except for certain caveats, generally spend money that the club does not earn. Thus, Pilgrimblue, any signing must be affordable whether transfer fees are paid or not and longer term contracts are likely to be out of the question at the moment.
1

BeattiesBackPocket added 00:16 - Aug 6
Blue041273 ffp is there for a reason I think we all accept that but what nooners been able to tell me is how can Bristol city or Wigan etc afford millions on players and city especially compete wages wise yet we had the third lowest wage bill last two to three seasons in kicks last year comparable to burton Albion when our gates are higher than some of these clubs spending money!?? Somewhere this stinks. Do the math. I've never been bothered about us spending millions it doesn't always guarantee success however a decent wage budget can and does look at Norwich and sheff Utd last season they didn't spend millions however could afford Rhodes wages etc. If we spend no money on fees and have the third lowest wage bill when others around us have even lower gates etc how is that working?
0

BeattiesBackPocket added 00:17 - Aug 6
lue041273 ffp is there for a reason I think we all accept that but what nooners been able to tell me is how can Bristol city or Wigan etc afford millions on players and city especially compete wages wise yet we had the third lowest wage bill last two to three seasons in kicks last year comparable to burton Albion when our gates are higher than some of these clubs spending money!?? Somewhere this stinks. Do the math. I've never been bothered about us spending millions it doesn't always guarantee success however a decent wage budget can and does look at Norwich and sheff Utd last season they didn't spend millions however could afford Rhodes wages etc. If we spend no money on fees and have the third lowest wage bill when others around us have even lower gates etc how is that working?
Too many people on here hide behind ffp in support of Evans but the math does not work sorry.
0

DJ27 added 08:54 - Aug 6
Wirral - The league 1 transfer window shuts on September 2nd, so we still have 4 weeks to bring in players. It may be that we are waiting for the premier window to shut, before we buy/loan players surplus to their squads.
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Blue041273 added 10:02 - Aug 6
Beattie
I am no supporter of ME but the club have steadfastly observed the spirit of the FFP rules when other clubs do not. ITFC has basically been operating at a loss for at least 25 years and probably a lot longer than that. In recent years costs have soared and for those clubs outside the Premier League it is almost impossible to be competitive and still cover those costs through normal football streams of revenue. While I cannot comment on the finances of the two clubs you mention it should be remembered that they are both Championship clubs with access to better tv revenues, a preferential share of solidarity payments from the Premier League and better quality and more remunerative sponsorship deals. Given that we have a potential black hole of £9m to cover this season I would say that they are better placed to take a punt than we are.
1

SuffolkBlue11 added 11:10 - Aug 7
Does make you wonder what could've been if Evans held out for a bit more or tried to keep hold of the players for a while; Clarke, valued by us at 150k (correct me if wrong) sold by Pompey for a lot more than that, same with Moore, Webster for an initial fee of 3.5m, sold a year later for 20m, Evans is clearly so out of touch with the game he doesn't understand values of players, as shown with his 5m valuation of Dozzell who should be worth 10m+ taking potential into consideration
0


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