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Just wondering what people think their clubs will spend on wages on the football side of the clubs. I mean players, coachs and managers etc. Seems we will have close to a full time pro league and I wonder what the wages will amount to.
To start it off Bohs will spend somewhere between €1.3m and €1.4m in the coming season. Its an informed guess as the AGM has not been on yet. That's gross btw. Anyway will be interesting to see what the 12 clubs wage bill will be for next season.
I read somewhere that Galway will have somewhere around €1.1m to use on transfers in the close season as a result of them being in the Premier Division. That seemed like a massive amount of money to me.
Is that not slightly conservative for us?? One of the Gerrys said at the Seán Connor press conference that we'd be increasing our budget by 50% and given that our budget this season was €1m-€1.1m, I would have thought we'd be pushing the 1.5/1.6 mark for next season.Quote:
Originally Posted by chippie0001
Ya, GUFC have a budget for the coming season set at around E1.2m.
i think I read somewhere recently that CCFC wage budget was 1.2m. I would suspect thats the entire staff... I think could add another 500k onto that for other expenses.
If an average club gets 1,500 at their matches & say 20 home matches a season thats only 450k in gate receipts.
Assuming the 65% of turnover wage cap is to happen that means clubs will need to be looking to have to increase revenues considerably in the years to come.
Drogs & Shels must be operating on 2m+ budgets. I think it was said Shels paying 30k wages a week which is 1.5m on wages.
Quote:
Originally Posted by pete
That actually was going to be my next topic. If clubs are to maintain a 65% cap, how can they pay these wages. In Bohs case our income would have ot be almost €2.2m, Galways €1.8m and neither have a chance to do this. Would love to see how any club is achieving this target, with the FAI allowing a fudge, which they are.
Could the E2m received by Bohs as a downpayment for the sale of Dalyer not be considered income?
Creative accounting could easily get you around some other problems with Bohs - release the sale price into the P&L over a period of several years, thereby keeping turnover consist and also consistently higher than anyone else.
No idea where Galway are getting the money from though.
the fai havent clarified what counts towards "turnover" estimates
eg directors loans, patrons, benefactors etc etc.
the net result will more than likely be that the "cap" will be meaningless in practice
Quote:
Originally Posted by Terry
from the Irish Times today
Quote:
Galway United manager Tony Cousins was last night handed a €1.1 million budget to beef up his squad for the club's 2007 Premier Division campaign - and new signings could be announced as early as tomorrow.
The champagne corks popped in Galway on Monday night after the FAI announced that United had gained promotion to the top flight, but the board of the club have already moved into top gear as they plan to establish themselves as a Premier Division club.
"We have given Tony a budget of €1.1 million, which is €500,000 more than we had planned for if we didn't get Premier Division status. In recent weeks, we set out two budgets, one for Premier and one for First Division, and we are delighted to have to roll out the larger one now," said United chairman John Fallon.
And they expect an immediate return when season tickets go on sale this week at the special pre-Christmas price of €150 in the club offices and at selected outlets around the city. "Last year, we sold 450 season tickets, while this year our target is 1,000. That's what we need to sell to stay within our projected budget for the year," he said.
Cousins yesterday met with the United squad from last season and it is inevitable that he will sign a number of players as the club sets about proving the FAI right in their controversial decision to promote them.
I edited that post as Bohs & Galway budgets were not mentioned as just for wages alone.Quote:
Originally Posted by chippie0001
I have heard that clubs are allowed to budget for income from winning the league, setanta cup etc. Yet only one club can win a competition and all clubs have it in their budget. Also as regards directors loans they club can budget a loss if they can show it can be paid by loans etc. Only in Ireland :eek: Of course that is only a rumour as with 3 months to the new season as you point out, we don't actually know what makes up turnover. Again only in Ireland, and only with these FAI muppets.Quote:
Originally Posted by wws
So Galway are already budgeting for a 100+% rise in season ticket holders. Worse than that they [b]need[/] to sell that many.
And this is the best run (non collegiate) club?
At a guess, UCD's playing budget will be about 300,000 or so.
nah, our budget this season was less than €1 million.Quote:
Originally Posted by Luke O'Riordan
i reckon ours will be €850-900k
€500k-600k or thereabouts I would think/hope..
this season 1.1million next season 1.6million Fact we can afford this
actually http://foot.ie/showpost.php?p=591481&postcount=14Quote:
Originally Posted by dublin15bohs
If GUFC sold 450 season tickets last year, our fourth consecutive season in the
First Division, doubling that amount in the Premier is not beyond the bounds of possibility.
I would imagine our playing budget will be a carton of cigs a week for each U-21 we play. Realistically I'd love our wages to be as cheap as possible but I doubt that will happen. Another year of weekly financial troubles is ahead I'd say