weeyin Posted December 9, 2015 Report Share Posted December 9, 2015 70% is ridiculously high. Quote Link to comment Share on other sites More sharing options...
Brazilian Posted December 9, 2015 Report Share Posted December 9, 2015 70% is ridiculously high. the quote says it is in the 70's% , which would imply above 70%, then to add in managment and staff wages.......leads to serious concern So if the traveller is not misquoting, then it would be irresponsible of the owner, board and general management to continue without addressing at the first opportunity. would be folly to have a shopping list in January, should be looking to gumtree Quote Link to comment Share on other sites More sharing options...
superward Posted December 9, 2015 Report Share Posted December 9, 2015 In response to a question we were advised that our players wages to turnover is in the' 70's% ' which is particularly relevant to the this thread of discussion. It was not indicated that it was intended to bring this down substantially in the near future so if increased revenue through cup runs/player sales does not materialise we will have further major problems. That goes against all the advice you often see from other club finance reviews by PWC etc. Seems mad if that is indeed the case. Quote Link to comment Share on other sites More sharing options...
capt_oats Posted December 9, 2015 Report Share Posted December 9, 2015 70% is ridiculously high. It's not QPR or Romanov-era Hearts levels of ridiculous but at the same time, if that's our current level it's definitely concerning given the fact that we had as many players leave in the summer, you'd have thought given our recent history that we'd choose to be a bit more prudent. The point at which Hearts had their 'situation' I believe they were 126% wages to turnover. If it is 'in the 70%s' then it's manageable short term but those running the club shouldn't be letting it get out of hand. Taking a couple of examples; 2014: Aberdeen's ratio dropped from 67% to 55% http://www.afc.co.uk/news/5358.php#.Vmiq6BqLSRs 2014: Dundee United increased 61% to 63% http://dufc.co/news/dundee-united-record-1-2m-profit-2014/ 2014: Hibs increased from 49% to 64% http://www.hibernianfc.co.uk/news/5104 You'd expect a sensible ratio to be at most the 60% mark. I agree with Brazilian that the quote suggests that it's higher than 70% so let's say, for the sake of argument, it's 75% that's us looking to reduce player wages by some 15% to hit a more respectable level. I suppose one of the things that is in our favour is that there are a number of players on the playing staff at the moment who are only on one year deals or are out of contract at the end of the season. You'd think that it'd be in our interests to start reigning in that expenditure. ETA: In fairness McGhee's already said that if he wants to bring anyone in during the January window then he'll need to move people on so it seems unlikely we'd be adding on top of the already bloated squad. There's also been mention of trying to get a few of the younger players out on loan to get them first team experience so presumably that would include their wages being paid by whoever takes them on. Also, based on this STV article (linked below) from May this year our average annual wage was £67,639 (£1,301 per week) at Summer 2014 so assuming that is roughly the same moving on say 5 squad players would reduce the wage bill by approx. £338,195 per year which I'd imagine would reduce that % a reasonable amount. Obviously some earn more than others and moving on a u20's player would have less impact than one of the high earners but you get the point; a decent reduction could be managed indeed given the make up of the squad just now it could be managed and barely impact the first XI. http://sport.stv.tv/football/clubs/celtic/1321105-celtics-average-wage-bill-is-25-times-higher-than-ross-countys/ figures taken from Sporting Intelligence's Global Sports Salaries survey http://www.globalsportssalaries.com/GSSS%202015.pdf Quote Link to comment Share on other sites More sharing options...
Steelmen Posted December 10, 2015 Report Share Posted December 10, 2015 might be for the in outs thread more, but I wouldn't be letting Dom Thomas go out on loan. he seems ready to contribute now. Quote Link to comment Share on other sites More sharing options...
Desp Posted December 10, 2015 Report Share Posted December 10, 2015 might be for the in outs thread more, but I wouldn't be letting Dom Thomas go out on loan. he seems ready to contribute now. Based on what? Not knocking the boy, as he obviously has talent. However, it appears that, along with Luke Watt, he gets better in the eyes of the fans with every game he doesn't play. 3 Quote Link to comment Share on other sites More sharing options...
capt_oats Posted December 10, 2015 Report Share Posted December 10, 2015 Based on what? Not knocking the boy, as he obviously has talent. However, it appears that, along with Luke Watt, he gets better in the eyes of the fans with every game he doesn't play. Not to mention the fact that by all accounts we're looking at playing with 1 winger for the foreseeable. At the moment is he likely to start ahead of Ainsworth or Johnson? With the best will in the world, probably not. It was different when we were going down the route of 2 wingers and 1 up top but at the moment with the system that McGhee seems to prefer I can't see him featuring in any more than cameo appearances which at the level he's at just now won't help him. I went along to the u20s game on Sunday and there's no doubt that he was (along with Watt & Cadden) clearly a level above Development League games (which isn't to say they're ready to start for our 1st team either) but all three should be more than capable of contributing to the first team in the future however at the moment they absolutely need regular games at a competitive level to develop. Quote Link to comment Share on other sites More sharing options...
Busta Nut Posted December 10, 2015 Report Share Posted December 10, 2015 I agree, If he isn't getting a look in get him games. Can't say I mind him making a major difference in any senior games TBH. Quote Link to comment Share on other sites More sharing options...
Ya Bezzer! Posted December 11, 2015 Report Share Posted December 11, 2015 Based on what? Not knocking the boy, as he obviously has talent. However, it appears that, along with Luke Watt, he gets better in the eyes of the fans with every game he doesn't play. Don't think that is a fair assessment or comparison. Luke Watt hasn't played any games this season, while Dom Thomas has come on and made a difference in matches. Not every match, but certainly some and showed that he has at least a level of potential that can be developed. Quote Link to comment Share on other sites More sharing options...
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