Post by yenilira on Jun 11, 2011 15:14:14 GMT 1
and no, I'm NOT talking about the TV programme.
John Ward, manager of League 1 club, Colchester, who finished 10th behind Brighton and Peterboro', has, like SAF, Mancini, Wenger, et al, been given his budget for the forthcoming season.
Has Wee Ollie?
And yet, the Colchester boss finds himself in the unusual position of him (and the fans) being given a complete breakdown of all the facts and figures for 2011/12 –
a closely-guarded boardroom secret at clubs, perhaps? -
and this has been taken to an unprecedented level, in that allowing access to the U's estimated balance sheets by the Chairman, Robert Cowling, who wants their supporters to realise that any extra cash generated by increased attendances will be directed at the playing budget.
# Estimated Gate receipts - £1,129,273. (2011/12)
TV Revenue £983,999. "
Chairman's Subsidy £1.4m "
Chairman's Budget 2012/13 £1.1m
Chairman's Budget 2013/14 800k
Chairman's Budget 2014/15 500k. etc.
news.bbc.co.uk/sport1/hi/football/teams/c/colchester_united/9497065.stm
JW has a budget total of £3.5million (inclusive of the £1.4m referred to in the link) out of which comes National Insurance contribs for the players, travel costs, training, etc., with £1m on everything else, which means that there is £2.5m for players salaries, and when you consider the average Prem player earns £1.5m pa, that £2.5m for an entire squad doesn't sound a lot.
Surprisingly, this amount puts Colchester amongst the top ten 'big spenders' in League 1, where the biggest budget is likely to be around £5million.
Cowling admits that a fair amount was spent on travel last season, where they went 'Championship Class' but had the worse away record.
Before the new season starts, there'll be a number of transfers where the fee is likely to be announced as “undisclosed”, which annoys Cowling, in a way, who says:
“The theory is that if you sell a player for £1m, you don't want your rivals to know how much you have to spend. But I'd rather be honest.
...if I sell a player for £200k, there'll be somebody who'll say that I sold him for £500k and will accuse me of pocketing £300k.”
At a time when mistrust between fans and club boards has never been greater, Colchester's approach makes a refreshing change.
The suits who run football from their Ivory Towers are always claiming the game needs to become more honest and open.
But whether Manchester United, Citeh, Arsenal, Liverpool, and company follow suit remains to be seen.
Taking into consideration that the Financial Fair Play Rules kick-in in 2014, which is not all that far off..........
YL.
John Ward, manager of League 1 club, Colchester, who finished 10th behind Brighton and Peterboro', has, like SAF, Mancini, Wenger, et al, been given his budget for the forthcoming season.
Has Wee Ollie?
And yet, the Colchester boss finds himself in the unusual position of him (and the fans) being given a complete breakdown of all the facts and figures for 2011/12 –
a closely-guarded boardroom secret at clubs, perhaps? -
and this has been taken to an unprecedented level, in that allowing access to the U's estimated balance sheets by the Chairman, Robert Cowling, who wants their supporters to realise that any extra cash generated by increased attendances will be directed at the playing budget.
# Estimated Gate receipts - £1,129,273. (2011/12)
TV Revenue £983,999. "
Chairman's Subsidy £1.4m "
Chairman's Budget 2012/13 £1.1m
Chairman's Budget 2013/14 800k
Chairman's Budget 2014/15 500k. etc.
news.bbc.co.uk/sport1/hi/football/teams/c/colchester_united/9497065.stm
JW has a budget total of £3.5million (inclusive of the £1.4m referred to in the link) out of which comes National Insurance contribs for the players, travel costs, training, etc., with £1m on everything else, which means that there is £2.5m for players salaries, and when you consider the average Prem player earns £1.5m pa, that £2.5m for an entire squad doesn't sound a lot.
Surprisingly, this amount puts Colchester amongst the top ten 'big spenders' in League 1, where the biggest budget is likely to be around £5million.
Cowling admits that a fair amount was spent on travel last season, where they went 'Championship Class' but had the worse away record.
Before the new season starts, there'll be a number of transfers where the fee is likely to be announced as “undisclosed”, which annoys Cowling, in a way, who says:
“The theory is that if you sell a player for £1m, you don't want your rivals to know how much you have to spend. But I'd rather be honest.
...if I sell a player for £200k, there'll be somebody who'll say that I sold him for £500k and will accuse me of pocketing £300k.”
At a time when mistrust between fans and club boards has never been greater, Colchester's approach makes a refreshing change.
The suits who run football from their Ivory Towers are always claiming the game needs to become more honest and open.
But whether Manchester United, Citeh, Arsenal, Liverpool, and company follow suit remains to be seen.
Taking into consideration that the Financial Fair Play Rules kick-in in 2014, which is not all that far off..........
YL.