How do we spend this Chuba money then?

The club clearly has no money - years of mismanagement and money wasted on big money signings with no resale value on big wages have crippled the club. Gestede Assombalonga Fletcher - those three alone cost the thick end of £30m plus the big wages they were on it’s no wonder we’re still feeling the after effects. All that is down to Gibson’s poor management of the club. It’s absolutely staggering how much money this club has basically had to write off over the last ten years. I’d love to see a run down of players we’ve signed in that time who’ve been sold at a profit versus those who’ve left at loss
 
viv_andersons_nana said:
Not being funny, but are you actually a scout or involved with that in some way? Your encyclopaedic knowledge of footballers is remarkable.

Is Cannon any good? Have you ever recommended a player to a club or club staff member and they’ve taken them on?
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Turned down by MFC lol

We’ve signed player that I thought were good.. George Friend, Mustapha Carayol, Albert Adomah etc

I really like Reggie Cannon.. US players are really underrated imo, the standard has exploded recently. He’s been playing really will in the Portuguese top division (a good level) He wants to stay in Europe and is available on a free because of the club messing on with his wages.
 
Funky_Chicken said:
The club clearly has no money - years of mismanagement and money wasted on big money signings with no resale value on big wages have crippled the club. Gestede Assombalonga Fletcher - those three alone cost the thick end of £30m plus the big wages they were on it’s no wonder we’re still feeling the after effects. All that is down to Gibson’s poor management of the club. It’s absolutely staggering how much money this club has basically had to write off over the last ten years. I’d love to see a run down of players we’ve signed in that time who’ve been sold at a profit versus those who’ve left at loss
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I think we’re making some clever signings and have done since we appointed Woodgate. This summer we have improved our quality, reduced the wage bill and brought monies in. Top effort.
 
viv_andersons_nana said:
Not being funny, but are you actually a scout or involved with that in some way? Your encyclopaedic knowledge of footballers is remarkable.

Is Cannon any good? Have you ever recommended a player to a club or club staff member and they’ve taken them on?
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Football manager. Filter by "interested", sort by "contract expiring".
 
Borokian1876 said:
More worrying for me is our defence and the passengers we still have, mcnair jones crooks coulson. You can’t afford passengers in a promotion season, we need to cash in and get a better right back in then smith for one who’s not exactly great and definitely mcnair who well say no more, coulson even as cover is just unreliable and puts no faith in anyone crooks is crooks he’s good off the bench when 1-0 down but Rotherham is his level not Middlesbrough it’s a club too big for him and his ability that’s the reality Jones for me despite some fans thinking he is great is a player with a poor football brain extremely predictable and looks half arsed the majority of the time. I just think he’s lazy and offers nothing and like I say is easily predictable. Has the odd glimpse of quality but that’s really it you need a ruthless mentality in a promotion season. Every season we have the same weak links still getting regular game time.
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You forgot Fry
 
Redwurzel said:
This we should be receiving a lot of Spence and Tav money if payments are say spread over 2 years. They were sold 12 months ago. Notionally we received in a lot more last summer than we spent. At least £22.5m in, £5m spent? even if we counted loan wages it would be around £11m spent in total. There should also be £2.5m of add ons from Tav deal coming I would have thought - Tav was a regular and Bournemouth stayed up.
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If you look at the club's filing on Companies House, MFC factored the debt from Bournemouth for Tavernier. So MFC got probably 90% of the fee almost immediately. The debt factoring company - I think it was Maquarrie Bank - collect the instalments from Bournemouth when they are due.

MFC does this routinely for large transfer fees received, to improve the club's cash position.

There's no need for the club to try to match instalments for transfer fees being paid with those being received.
 
Rob still peddling what Gibson feeds him.

£33m profit from 3 player sales in 1 year.
From a P&L and FFP perspective it doesn’t matter when the fee is paid.

Still we have Barlaser, Clarke, Hoppe, McGree, and Kierans lucky dips of this summer.

Someone above talking about a promotion season😂
 
I think it has been spent on Engels and Latte Lath. I doubt we will see anything more than loan now, particularly if they can shift McNair and Payero on.
 
fmttmadmin said:
From what we were told last season. We will receive a first payment £3-4m and we will try to balance that payment with spending a similar amount in the same month. We attempt to match the instalments incoming and outgoing as much as we can through contracts and seasons.
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We can always get a loan against it as we did the remaining Tav money, some £7.5m. That’s pretty much paid for Latte Lath and Engel.
 
newyddion said:
Turned down by MFC lol

We’ve signed player that I thought were good.. George Friend, Mustapha Carayol, Albert Adomah etc

I really like Reggie Cannon.. US players are really underrated imo, the standard has exploded recently. He’s been playing really will in the Portuguese top division (a good level) He wants to stay in Europe and is available on a free because of the club messing on with his wages.
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I would have took you on no problem , desire and enthusiasm 10/10
Knowledge 10/10 . Witt 11/10 . Don't give up , you are the man .
 
fmttmadmin said:
We plugged the debt with it didn't we and paid for signings and wages of those signings.
We had higher crowds last season than projected and healthy season ticket sales so that puts us in a stronger position. But like most clubs in the EFL without parachute payments you are having to sell especially if you want to pay out a wage level to complete near the top - that is how I have been told it.
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Exactly - all Championship clubs spend more on wages than their revenues, gaps made up by owners taking the bet on future PL money and need they coffers topped up occasionally. And as Clay said our wage bill is 108% of revenue so sales help to keep the club afloat, it's not just completely spare money to splash out.
 
Funky_Chicken said:
The club clearly has no money - years of mismanagement and money wasted on big money signings with no resale value on big wages have crippled the club.
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The club has had huge incomes with sales in the last couple of years, gibson puts money in too. We’re not utterly flush but we are xompetitive in this division financially.

Our ffp stance is also good, giving gibson room to sanction purchases.

We might not have the full 12m for purchases but we’ve still got 6-8 to spend I would guess.

The clubs financial position will be improved from last year also as we have far more assets in the club all pretty much bought for below market value.
 
Boro said:
Exactly - all Championship clubs spend more on wages than their revenues, gaps made up by owners taking the bet on future PL money and need they coffers topped up occasionally. And as Clay said our wage bill is 108% of revenue so sales help to keep the club afloat, it's not just completely spare money to splash out.
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Technically I think gibson keeps the club afloat putting 12 lm a year in. He hasn’t stopped doing that, so I doubt he will just because we have a player sold. Instead the long game is that player sale is invested so that one day we get to the prem and he doesn’t need to put 12m in every year.
 
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