So the club have spent Ā£1bn on players using the money they have earned.
Chelsea just spent Ā£323m in the January transfer window. Obscene? Yes. Ridiculous? Yes. Sustainable? Honestly don't know. No business people can be that fiscally inept that they think they can spend Ā£323m without their business going bust the next day. So yes, obscene and ridiculous (though probably sustainable), but it does show you where football is headed right now. And like it or not, Ā£20m per transfer window is utterly pathetic. It would be utterly pathetic if Chelsea had only spent Ā£100m this transfer window.
We know that we are only spending money we make - thatās not new
I know. Yes, FSG are good business people and we are in a much more stable financial situation. But they are next to useless custodians of Liverpool FC when it comes to player acquisition requirements. So what if Mike Ashley balanced the books and made no losses? Where did that leave the Toon army faithful?
And breaking out ānet spendā into the number of windows achieves what ?
It gives accurate down-to-the-pound funds (give or take) that FSG has given managers to buy players with over 12 years.
Massaging the Numbers: Here's Ā£1,324,190.00p over 12 years. Go spend it on new players to win League titles and European honours. And none of that Europa league stuff, either.
Reality in Numbers: Here's Ā£20m for this transfer window. Go spend it on new players to win League titles and European honours. And none of that Europa league stuff, either.
What if we go through a Jan window and donāt need to buy anyone ? The current window we spent Ā£40mil and sold no one so thatās Ā£40mil net in that window 🤷āāļø
Correct
We spent Ā£100mil one window - won the CL , they spent little and won the league 🤷āāļø
And in some transfer windows FSG actually made money from a transfer window. Dress it up however you like, we have a net spend of Ā£20m per transfer window.
Is there some benchmark where a club has a per window spend they need to spend
More than FSG's Ā£20m per window will do for starters. Here's another example. Chelsea are (were?) below us in 10th place. They just spend Ā£323m in January. I'm going to be fair and go for something more in the middle of Ā£20m and Ā£323m. Ā£100m every transfer window - unless you don't need to spend for that particular window. It happens (ask FSG).
Itās just a manipulation of finances to try and make it look like we donāt spend much money - but Ā£1bn on players
Yup, that mathematics nonsense is a real drag when it comes to presenting cold hard numbers.
« Last Edit: Feb 03, 2023 03:00:06 pm by Rush »
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