Noone said anything about 'caving in' to anyone's demands. Say the agent was at 
11k, and we're at 4k. If you can negotiate there is a deal to be done between 
5-8k. Simply saying take our starting offer or fck off is a ridiculous state of 
affairs. As for journeymen - both players have been with us for a number of 
years, improved and given good service in that time. I don't have their 
wikipedias open in front of me but I'll bet given their age they will have had 
fewer than 3 clubs. Do you know what journeymen means?

I suggest you do likewise re turnover to wages and the rules. The clubs in our 
division have agreed to 'work towards'  the introduction of new regulations by 
the beginning of 2012/13. At the moment, the turnover:wages ratio limit at 
LEAGUE 2 level is 60% reducing to 55% next year. Deloitte say 60% in football 
is sustainable. If your figures are right and we pay our players 11k a week 
(allowing for youth team and reserve players)  we have at least 30% room for 
manoeuvre on an aspirational target for two divisions below us. This is why our 
good young players are walking for free. This is short termism - they walk for 
nowt. We have the option of either replacing them with better or equivalent 
players (which costs Market rate wages + transfer fee) or grabbing short term 
loans and hasbeens to plug the gap. Ken chooses the latter option which is why 
we will be relegated within the next 5 years without investment in the current 
squad and better players too. Mark my words.

For the record I never said we should be paying Johnson and Kilkenny £11,000.00 
a week. Obviously we should negotiate a deal which suits all parties.

As for holding Coventry up as some shining example, I note that they posted a 
loss last year of £3,000,000.00. The only way a football club seriously makes 
money is through football. I'm glad you enjoyed your trade fair but you havent 
got a clue, have you?

I

Sent from my iPhone

On 9 Jun 2011, at 19:51, [email protected] wrote:

> 
>>> Problem: we make a lot more than just gate receipts. Tv money,  
> licensing, sponsorship. All that stuff. Where's all that money  Terry?<<
> 
> 
> TV money is nothing compared to prem TV money. Gate receipts are  still the 
> biggest income outside the PL.
> 
>>> We are going to replace decent young players who formed  the core of the 
> team SG is trying to build and who have improved consistently as  a group 
> over the last few seasons, with neverhasbeens and loanees. That is not  how 
> you build a team to compete at the highest level.<<
> 
> 
> 
> 
> But caving in to agents' demands and giving 300% pay rises to  journeymen 
> is? 
> 
> I suggest you take a look at the Football League's rules regarding the  
> percentage of turnover that can be used to pay wages. And then look at LUFC's 
>  
> recently posted annual results. 
> 
> It seems you've learned nothing from the Ridsdale debacle.
> 
> 
>>> The club will never progress on the cheap - it's not  possible. 
> Meanwhile season ticket prices rise inexorably to gargantuan levels  and we 
> all trot 
> along like sheep. Say what you want about the scousers - least  they don't 
> put up with this sh!t.<<
> 
> 
> They're in the premiership, with proper TV money, not the scraps you  get 
> in the FL.
> 
> 
>>> I'm am not arguing for spend spend spend,<<
> 
> Yes you are. You clearly believe we should be paying Johnson and Kilkenny  
> £11,000 a week. That's £1.3m a year - out of a turnover of £27m. How many  
> players should be pay that sort of money to Ian? The first eleven?  That  
> would take the wage bill up to more than £7m - you've already blown 25% of 
> the  
> club's income.
> 
> After seven seasons outside the top flight you've not learned to  readjust 
> your horizons yet. £4k a week is a decent championship wage. £11k is  better 
> than many premiership players earn.  
> 
> 
> 
>>> just sustainable investment in the team and not White  elephant radio 
> stations, conference centres and beeston fine  dining.<<
> 
> 
> Banqueting, conferences and exhibitions are excellent earners for football  
> clubs. I went to a trade show at the Ricoh Arena the other week. An 
> excellent  facility, well located and with ample car parking. It's exactly 
> what we 
> should  be doing, and brings in profitable revenue.
> 
> You haven't got a clue, have you.
> 
> M
> 
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