The Big Club pays Big Wages - naturally we don't do things by halves (unlike our smaller cousins across the League)
It's the way of the world ofc
;)
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I'm sitting looking at the copy of the accounts which I got at the AGM.
Staff costs £393,102 which was up from £243,285 for Y.E 31.10.05
Thats about €550,000 pull the other leg lads.
The point I was making was that I would say our wage bill exploded this year due to new contracts and the donkeys brought in by Frodo and Robbo.
so your full time players were on about £15k stg a year yea right.
It must really hurt you when people quote from official reports which take away from your nonsensical rantings.
Maribor - the accounts you got at the AGM would have been full accounts, whereas abridged accounts are filed with the Companies House. Best I can tell from Derry's 2005 accounts, for example, is that youz lost £17k that year. Bet you wish you were as well run as Galway and could keep your losses down to a mere E80k!
Indeed,
Have to say that a number of us are rather sceptical about the figures involved though.
For the record we made a profit of £31,262 for the Y.E 31.11.06
Non-football expenses:
- General Manager
- Operations Manager
- Marketing Manager
- Promotions
- Admin
- Security
- Travel, Accommodation
- Coaching
I thought this thread was going to be about people who use the phrase "the words pot, kettle and black spring to mind" need to be deported.
I wonder will any proper ambitious club stay under the 65% limit next year?
In our league there is generally always a few clubs spending huge amounts of money that they don't really have on players, and this forces other clubs to try to keep up with them. Clubs that run their affairs properly are effectively penalised. The thing about the 65% wage cap is that if implemented fairly and effectively it should see one of the league's traditional main problems addressed- that every penny is spent on players and next to nothing on facilities and development. I seriously doubt whether that many players will move abroad even if wage levels drop, so we'd end up with more or less the same players and on field product and more money spent on developing the clubs. In the long term as clubs develop they should be able to increase their turnover and hence playing budgets.
The biggest question is whether it can or will be implemented properly though.
varies depending on your overspend and if it was deliberate ranging from fines, points deduction through to relegation and expelled from eufa competitions.