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Transfer News and Gossip Transfer Rumours Thread 2024/25 - Time to Cook šŸ‘Øā€šŸ³

Transfer news
The club had a wage bill of Ā£2.65m 2022/23 and had 98 employees (64 of these were playing and coaching).

Some of those other employees will be part-time and others will have joined/left during the year.
With a small squad (which we have) and a small backroom team (which we have), our total wage bill is low for a professional football club. Even if what is being stated, that our top earners are on Ā£1.9k a week, our overall wage costs will have been scruitinised and deemed workable for now, maybe while things are going well, and expect to see some transfer sales if they dont - the difference will be that COSU will not be stuffing the money down the back of the sofa!

We are technically classified as an SME, with that number of staff and size of paybill. We do not qualify to pay into the apprenticeship levy (which starts at a paybill of Ā£3m), and that to me would be more indicative of our wages being subject to an internal upper budget, which keeps wages below that threshold. This is because you then have to pay 0.5% of your total wages into the apprenticeship levy, over and above all your other employment costs. There is no advantage to the club in becoming a levy payer until we get back ito the EFL, because this would likely be a net loss to the club if we are not employing many apprentices, and this then becomes money we cannot afford to lose at this point. It would only become more viable as and when we rebuild the academy. Then they can use the levy to pay for apprenticeship training for the youngsters.

On a tangent there, sorry!
 
I guess it depends on who the football department really really want.

If they are confident of getting their preferred choice in the next couple of weeks then we may indeed have a while longer to wait.

If their preferred option is currently without a club, then we may not have very long at all to waitā€¦..

Thanks I hope walker isnā€™t to bad but if he was out a few weeks I think weā€™d need a loan. If main target not available.
 
That's a unionised sector. For most sectors, wages have not increased in real terms. The median salary is still only Ā£35k. And Ā£100k roles are very rare.


Average wages in UK are around 5% lower in real terms than in 2019, although I expect some of that gap to be closed over 2024.
 
Realistically don't think we will have many if any players on Ā£2,000 a week. For example if you have 20 players at an average of say Ā£1,000 a week , then the cost will be Ā£1,040,000 for the year. That cost doesn't include the management team and coaches. On gates of say 7000 that would still leave a shortfall to be covered by Sponsorship and Hospitality. Then of course the Club has other employees.
The club also has to pay NI and pension contributions on top of the basic salary costs for all employees!
 
Any more posts about politics, unions, average wages or any other off topic (or was slightly sort of on topic a long time ago, but is now just a political knoackabout) will be deleted. We've already deleted the worst offenders.

This thread is for transfer rumours and thoughts - only - please.
 
Realistically don't think we will have many if any players on Ā£2,000 a week. For example if you have 20 players at an average of say Ā£1,000 a week , then the cost will be Ā£1,040,000 for the year. That cost doesn't include the management team and coaches. On gates of say 7000 that would still leave a shortfall to be covered by Sponsorship and Hospitality. Then of course the Club has other employees.
Make you wonder how Forest Green, Dagenham, Barnet & Barnet hand out big wages (more than 2.5k a week to their players.)
 
Make you wonder how Forest Green, Dagenham, Barnet & Barnet hand out big wages (more than 2.5k a week to their players.)
Forest Green will make a massive loss this season, but as in some other cases, the club is just a rich man's play thing. Dale Vince is worth over 107 Ā£Million net worth. So the players they have bought, and the wages they pay, they can't afford it, but he can.
 
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