Transfer News, Gossip & Speculation Transfer Rumours Etc part 2.....2024/25

[kentblues]

Do we think the decision has been made that Anssi Jaakkola will do a David Martin and be the second keeper?

 

[Tampa Blue]

Do we think the decision has been made that Anssi Jaakkola will do a David Martin and be the second keeper?

Hope so and hope he's developing the young keepers that we have as well.

For the number of times that a reserve keeper is needed on match day then getting in a loan GK would be a waste of wages imho

 

[Morty01]

Hope so and hope he's developing the young keepers that we have as well.

For the number of times that a reserve keeper is needed on match day then getting in a loan GK would be a waste of wages imho

Hayes first choice, Jaakkola second, GSM third is the way to go.

 

[Supershrimper]

Hope so and hope he's developing the young keepers that we have as well.

For the number of times that a reserve keeper is needed on match day then getting in a loan GK would be a waste of wages imho

The saving on an additional wage of a GK (if via a loan) could go some way to alleviating the increase in employer NI costs the club will incur from April. On a salary of £26k Employer NI costs are increasing from £2332.20 to £3,150. An increase of £817.80. I doubt our players are on a wage of £26k so i'd expect the wage bill to increase by quite a bit

Reeves NIC tax plans raise wind-up fears for football clubs

A total of 24 pro football clubs are in arrears to HMRC over PAYE debt, with experts fearing that number could rise due to Reeves’s budget.

www.cityam.com

Once Collin is back fit we will have 2 decent keepers with Charlie Brown as youth. If the GK coach can fill in to sit on the bench for the (fingers crossed) unlikely event of another goalkeeper injury we should be able to get to the end of the season.

 

[Barry.C]

The saving on an additional wage of a GK (if via a loan) could go some way to alleviating the increase in employer NI costs the club will incur from April. On a salary of £26k Employer NI costs are increasing from £2332.20 to £3,150. An increase of £817.80. I doubt our players are on a wage of £26k so i'd expect the wage bill to increase by quite a bit

Reeves NIC tax plans raise wind-up fears for football clubs

A total of 24 pro football clubs are in arrears to HMRC over PAYE debt, with experts fearing that number could rise due to Reeves’s budget.

www.cityam.com

Once Collin is back fit we will have 2 decent keepers with Charlie Brown as youth. If the GK coach can fill in to sit on the bench for the (fingers crossed) unlikely event of another goalkeeper injury we should be able to get to the end of the season.

It’s a big concern I agree for a number of clubs and not good news, although as I understand it the Nat Ins rise for Employers goes from 13.8% to 15%, a rise of 1.2% according to Bbc, and House of Commons library, which on a Salary of £26,000 would be an increase of £312.

To help to offset some of the costs the Employment allowance was increased from £5000 to £10,500 that can now be claimed by Employers

 

[Supershrimper]

It’s a big concern I agree for a number of clubs and not good news, although as I understand it the Nat Ins rise for Employers goes from 13.8% to 15%, a rise of 1.2% according to Bbc, and House of Commons library, which on a Salary of £26,000 would be an increase of £312.

To help to offset some of the costs the Employment allowance was increased from £5000 to £10,500 that can now be claimed by Employers

Employment Allowance is only applicable if the employer's Class 1 NI liability was less than £100,000 in the previous tax year. I'm not privy to the clubs NI liability but even then it would only save £5.5k and helps more smaller business with fewer staff whos NI contributions would be under £100,000

They have changed the threshold from which its paid from £9,100 to £5,000 so its paid at a greater rate (15% vs 13.8%) on more of the salary.

Current (2024-2025)​

• Earnings Subject to NI: £26,000 - £9,100 = £16,900
• Employer's NI Contribution: 13.8% of £16,900 = £2,332.20

New (2025-2026)​

• Earnings Subject to NI: £26,000 - £5,000 = £21,000
• Employer's NI Contribution: 15% of £21,000 = £3,150

I'd imagine these changes will affect the playing budget next season (as well as all the overall budget) I'm sure COSU would not have been expecting such changes when they bought the club back in July.

But the plus side is it will affect all clubs so could see a greater number of movements in the summer as clubs adjust to these new conditions. Could see smaller squad sizes to accommodate and clubs allowing players to leave to get them and their salary (and NI contributions) off their budget and then try and get cheaper players in to replace.

 

[SUFCGoals]

Employment Allowance is only applicable if the employer's Class 1 NI liability was less than £100,000 in the previous tax year. I'm not privy to the clubs NI liability but even then it would only save £5.5k and helps more smaller business with fewer staff whos NI contributions would be under £100,000

They have changed the threshold from which its paid from £9,100 to £5,000 so its paid at a greater rate (15% vs 13.8%) on more of the salary.

Current (2024-2025)​

• Earnings Subject to NI: £26,000 - £9,100 = £16,900
• Employer's NI Contribution: 13.8% of £16,900 = £2,332.20

New (2025-2026)​

• Earnings Subject to NI: £26,000 - £5,000 = £21,000
• Employer's NI Contribution: 15% of £21,000 = £3,150

I'd imagine these changes will affect the playing budget next season (as well as all the overall budget) I'm sure COSU would not have been expecting such changes when they bought the club back in July.

But the plus side is it will affect all clubs so could see a greater number of movements in the summer as clubs adjust to these new conditions. Could see smaller squad sizes to accommodate and clubs allowing players to leave to get them and their salary (and NI contributions) off their budget and then try and get cheaper players in to replace.

As a really thick person. Can you explain what this means

 

[Jmayhew32]

As employees of a business, we pay NI (and tax) through PAYE, known as primary contributions.

Businesses also pay NI on our behalf, known as secondary contributions and it is these secondary contributions that are increasing. The earnings threshold was previously £9,100 but this is decreasing to £5,000 per year. The rate is going up from 13.8% to 15%.

Small employers, those with under £100k of secondary NI payments, get a relief for NI up to £5,000 in the current tax year, but again this allowance is increasing to £10,500, so while the contributions are increasing, there is also greater relief, so there will be some companies better of as a result. Southend United will NOT be better off as a result of this as I imagine they are either not a small employer, or their NI contributions far outweigh the £10.5k allowance.

This is all a cost that is borne by the employer so the cost of employing people is generally increasing. This could mean that, if the total playing budget stays the same, then the club will have to reduce gross wages to ensure the total cost of employing players doesn't increase too much.

 

[Supershrimper]

As a really thick person. Can you explain what this means

At a very basic level, if all other club costs remained exactly the same, and all other income remained exactly the same the club would have to find the additional money to pay for this change.

That could be cutting the budget, trying to increase revenue etc. To quote some figures Peterborough believe it will cost them about £250,000 additional each year and Partick Thistle have stated that it would be around an additional £5k per month (so £60k over the year)

I would wager we are nearer the Partick Thistle increase than the Peterborough increase but its still quite a chunk of extra money required to cover

 

[Barry.C]

Not sure how much excitement can be generated by the transfer rumour thread right now, theres a bit of a sense that it might be it for a while

In some quarters also a perspective that we haven't done great business, although debatable

Certainly also recalling Stans last contribution and a strong hint that the model he proposed had gone out the window. Some Zoners might relate that though to poor recruitment and have had a pop or two at John Still. Thinking of who have we brought in young and hungry from somewhere, and we are just about to capitalise and make a fortune on adds up to nil right now, but early days . Seems that other clubs are doing better on that than us, even Colchester for FFS

Interesting that excluding loanees the average age of permanent signings is 25, suggesting we maybe haven't been pushing the Stan model too hard, maybe necessity has been the main virtue But it sure helps to have a stream of those sold on for a very good fee to help survival and growth rates

 

[Supershrimper]

The short cameo i saw from Leon last night seemed to me like we had quite a decent player in him. Didn't expect him to be an tall as he was.

 

[Barry.C]

The short cameo i saw from Leon last night seemed to me like we had quite a decent player in him. Didn't expect him to be an tall as he was.

I think he could be one that does well and moves on . Really pleased with the signing and believe he will be managed well and that not too much pressure inappropriately placed on his shoulders

However he is actually 23 years old and we have only signed one player permanently in past 3 years under the age of 22

 

[Barry.C]

Some would say, whether you rate the Brentford type model like Stan does , or not , that its failed and is not working.

It isnt working because we have hardly tried it

Hayes, Hopper, Bonne Waldron and Walker have a combined age of 140 ! ( av age 28 ) 4 of whom have played in the EFL which Zoners also saying they wanted more experience from the likes of EFL, Have certainly got their wish

But I dont think we can say we have really pressed the green light on the Brentford model type signings with only one under 22 brought in,, It seems the main entrance doors these days for the model to gererate saleable future income is via local regional clubs for under 21 talent or the masses honed in under 21 sides from the Premiership down.

 

[BriggBlue]

I'm not sure I understand the point of the Brentford model when we are 3 leagues below where they implemented it, we have no B team and therefore no matches at a suitable level for them to play an perhaps more importantly.

If the Brentford model works so well why hasn't everyone else adopted it?

 

[Smiffy]

The short cameo i saw from Leon last night seemed to me like we had quite a decent player in him. Didn't expect him to be a tall as he was.

NL Jude Bellingham. You heard it here first

 

[Barry.C]

I'm not sure I understand the point of the Brentford model when we are 3 leagues below where they implemented it, we have no B team and therefore no matches at a suitable level for them to play an perhaps more importantly.

If the Brentford model works so well why hasn't everyone else adopted it?

Firstly quite a few have and are adopting the model and doing very well from it

You could take your point up with Stan maybe, and the many examples he gave and his passionate expose?

otherwise I will go on and on about it with lots of examples and bore people once again with tales of the successful league leaders models and their strategies regarding under 21 loanees and signings , and the Cowleys signings exploring the same avenues and principles based on the model . The same model that brough success and millions to Peterborough and others way before Brentford

In fact I could go on for ages with loads of examples showing success especially to the coffers but I will leave it there.

 

[Gt Yarmouth Shrimper]

As employees of a business, we pay NI (and tax) through PAYE, known as primary contributions.

Businesses also pay NI on our behalf.

Are you sure that the players are on PAYE?

 

[londonblue]

Are you sure that the players are on PAYE?

They certainly should be. They should be on fixed term contracts.

 

[Gt Yarmouth Shrimper]

They certainly should be. They should be on fixed term contracts.

Most footballers, to my knowledge especially those higher up the pyramid, set themselves up as limited companies or are self employed. Therefore, the tax implications are different. This would also affect the clubs liability for NI. Therefore, this post is relevant to this thread just in case any mod's are lurking with their finger on the delete button.

 

[Finney on the wing]

NL Jude Bellingham. You heard it here first

I thought exactly the same actually. Similar build and based on what I saw, similar skills too