Interesting figures .. IF they are correct, we have certainly wasted a LOT of money on unsuitable players (Presumably the figure includes fees paid for loaned players ?)
Because loan fees arent mentioned nor are signing on fees I'd question if a lot is guess work or whether the article is taking player values into account rather than what got actually spent
Of course income is a completely different matter and is worth looking away when you compare with what our Managers have been allowed to put back into the squads these last few years:
2020/21: £1.98m (Again wont take into account sell ons) 2019/20: £1.78m 2018/19: £4.30m 2017/18: £400k 2016/17: £13.8m
I don't think the article is worded very clearly but it's basically saying we've made a profit of 20.7m in the transfer market over the past 5 years.
Not sure why people seem so surprised as it's not really that hard to believe and seems quite accurate given we've spent almost nothing and sold Lookman, Konsa, Grant, Holmes, Doughty, Gudmundsson, Bonne, Phillips, Dijksteel and Bauer.
Yeah it's amount we've made over the past 5 years of selling players, Lookman was £7.5m alone, Konsa, Grant, JBG and Pope too. Basically the reason we haven't seen that money then spent on players is due to the club running at a loss, same as Sunderland (whose numbers are hugely skewed by the Pickford sale) and obviously Wigan who had to sell pretty much everyone to stay alive whilst in admin.
Comments
Expenditure alone for the following seasons has been:
2016/17: £1.17m
2017/18: £0m
2018/19: £0m
2019/20: £200k
2020/21: £400k
Because loan fees arent mentioned nor are signing on fees I'd question if a lot is guess work or whether the article is taking player values into account rather than what got actually spent
2020/21: £1.98m (Again wont take into account sell ons)
2019/20: £1.78m
2018/19: £4.30m
2017/18: £400k
2016/17: £13.8m
Not sure why people seem so surprised as it's not really that hard to believe and seems quite accurate given we've spent almost nothing and sold Lookman, Konsa, Grant, Holmes, Doughty, Gudmundsson, Bonne, Phillips, Dijksteel and Bauer.
Close the thread as it makes no bloody sense.