The Bitter Truth?

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Originally Posted by Herbert_Chapman's_Zombie

Because the cost in terms of players and players wages will always greatly outweigh any money you make from match day revenues, conmercial deals etc.
You can be sustainable but not if you want to challenge

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OK. So the two options are:
a) A sugar daddy
b) A non-sustainable model which at some point will surely collapse a la Leeds.

No?

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Originally Posted by Herbert_Chapman's_Zombie

My point is we are trying to do something that is not possible and be self sustaining, it's just not possible in the top echelons in football with the money in football in terms of players wages

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Yeah but there is a middle ground. It's not a choice between having a 120million in the bank or being a 120million in the red.

That's exactly it, money wins out...I'm not saying either way is desirable but unless we introduce a transfer and wage cap it's the only way clubs will win.
I'd rather us be sustainable but we can't expect to have a pot to piss in

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Originally Posted by Letters

I think that's all fair enough.

What annoys me is all the hyperbole. Wenger is useless, the club is a shambles.

We clearly have some problems but does everything really have to be so extreme?

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Oh I agree, and I am at times am guilty of going on the extreme attack about Wenger...I do think there is a middle ground, but I do think we have a club are not taking that route...which is kind of what Herbert is touching on.

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Originally Posted by selassie

Yeah but there is a middle ground. It's not a choice between having a 120million in the bank or being a 120million in the red.

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Not when your competing with clubs that spend ridiculous amounts of money, and have your owners tie you up to commercial deals which they are linked into

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Originally Posted by Herbert_Chapman's_Zombie

Neither Liverpool or Everton are run as a business, we are. And as for Liverpools commercial revenue it is most likely tied into the ownership, much like Man City's sponsorship deal for the stadium.

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As in we're essentially sponsoring ourselves a la Etihad?

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Originally Posted by selassie

Oh I agree, and I am at times am guilty of going on the extreme attack about Wenger...I do think there is a middle ground, but I do think we have a club are not taking that route...which is kind of what Herbert is touching on.

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Again for me the two issues are seperate, I think Wenger can no longer take us forward but it's irrelevant anyway because we don't have the finances to take us forward

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Originally Posted by Herbert_Chapman's_Zombie

Case in point, Mesut Ozil when you consider his transfer few plus his wages plus signing on fee and adds on, I strongly suspect the 120million we supposedly have in reserve would have been mostly used on this.

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How is that possible?

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Originally Posted by Power_n_Glory

How is that possible?

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43 million transfer fee
150 grand a week wages over five years = another 40 million
Plus add ons and signing on fee and you are looking close to 100 million

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Originally Posted by Herbert_Chapman's_Zombie

43 million transfer fee
150 grand a week wages over five years = another 40 million
Plus add ons and signing on fee and you are looking close to 100 million

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Yes, wages over 5 years. We don't pay that much outright.