by KC Royal »
10 Jul 2011 17:29
brendywendy the finances as i see them:
we were looking like losing 4 million a year.
we sold sigurdsson for 7 million, meaning the 4 million was sorted, and we reinvested the remaining 3 million in transfer fees, wages, and loans for some much needed defenders/experience.
this worked and we improved on the performance we had with sig in the team,making the playoffs
this time round, the wage bill has been reduced, so the black hole is reduced this year. maybe to ~2 or 3 million?
we sell mills for 5 million, after other payments to donny etc leaving us with 1-2 million profit on the deal? so id imagine that means we can spend the 1-2 million on transfer/wages of new CB to replace him.
i believe any further sales(long-7m) will mean that we will keep some for the next seasons black hole, but we should then be able to spend the 4-5 million left over on a striker & LB(+wages)
leaving us finacially secure for years, more than able to cope with player transitions, probably with a stronger squad over all, and remaining totally competetive.
you also have to look t McDs/NHs actions over this.which show total control over the situation imo
mills has been offered a new contract, but not a huge one.McD probably knew he wanted out/wanted shot of him himself- he wasnt his player, and isnt really a McD type of player.
he gets a replacement in early last january so we wouldnt be scraping around for something in the summer-giving him enough time to bed in, get to know the quad, and start pushing his way in, and lets matt go for a huge profit when he had 1 year left, wanted out, and made maximum possible profit on him
i just dont get whats not to like about that(given that we do reinvest much of this money)
Just reading through this thread. Well said Brendy. Bit surprised at the general criticism really, it was just a deal too good to turn down just like the Sig one last year, and a deal that frankly beggars belief really. We had turned down a bid for Mills before from Wolves and we don't usually sell key players to other Championship clubs so only a deal like that would have persuaded us to sell to Leicester.
That said I don't think Mills is as valuable as Sig was and Long is, 1-2m should be enough to get a decent replacement in. I would hope that Long would stay now though, especially given starliason's comment about McD selling either one star player or several less valuable players.
I would have said that Mills was a McD player though. I've never considered him to be a Rodgers signing, and he was captain persisting with him sometimes when his performances didn't warrant it.
