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Should We Deficit Spend This Summer?

TH1239

Well-Known Member
Jan 28, 2011
3,691
8,964
It seems to be an argument we have semi-annually around here, but with our current squad and the greatness of Bale, it begs questioning: Are you in favor of the club taking a bit of risk this summer and spending more than they bring in from outgoing transfers?

I'm not talking about a massive spending spree. Instead Im wondering whether people believe spending 30 million pounds on two players whose wages we could afford (like Cabaye and Michu for instance) is worth going into a bit of debt for in the short term? The purchase of these two players would likely have to occur before current players are sold, but one would expect Levy to at least offload a few players like BAE, Dempsey, Huddledtone, as Defoe, and blunt the initial outlay on two pricier early signings.

However, is this too much to risk? I personally don't believe so, but i suspect there are some very impassioned fans here who believe the club simply cannot afford that relatively modest (compared to past spending afforded to new managers) amount given our stadium ambitions.

Doesn't the potential sale of Bale in one or two years time mitigate the risks associated with a 20 million pound net spend? Again, Im not interested in smashing our wage structure. Instead, the two players I've listed above follow the Dembele model. Prime, proven players who are versatile and will walk into our starting 11.

I believe this is the debate we will be having all summer. Can Daniel Levy justify a modest net spend given the development of Bale and the quality of AVB as a young manager? Ill be interested to read any dissenting opinions, even if you believe we need a heavy dose of austerity in the near term.
 

mill

Well-Known Member
May 21, 2007
10,423
37,189
Get the players we need in, not just players we can get under market value, as you say if we don't make CL next season Bale will be sold anyway
 

Yid-ol

Just-outside Edinburgh
Jan 16, 2006
31,182
19,429
I think we have to stick to what we can afford. I would love to say spend big, but it wont give us a right for top 4 and if we dont get it we could be taking more steps back than we want too!

We have the majority of a great squad, just fill the gaps with better players that we can afford and we will get there.
 

shaqTHFC

Well-Known Member
Jan 28, 2011
1,546
807
We've tried spending conservatively and getting into the champions league. It's worked once and whilst we can point to moments each season where we screwed it up where we shouldn't have regardless of money spent (ie Fulham home this season, Norwich home last), the fact is that each time (bar 09/10) we have screwed it up when 1 or 2 additions would have made all the difference.

The risks dont even have to be by spending £20-25m on a player, but by taking a risk on a Benteke before they blow up, we could help secure CL properly without a huge outlay. We've missed out by a couple of points the last two seasons, and a couple of brave additions should mean that we don't have to suffer this heartbreak every fucking year.

We've shown we can get close without spending much, so taking a risk or two should technically get us CL and make that money back anyway and Andre deserves the backing of the chairman/owner or whatever.
 

Donki

Has a "Massive Member" Member
May 14, 2007
14,455
18,975
Look if we want our stadium we are going to have to face facts, we won't be able to "deficient spend". We have to cut our cloth accordingly it's that simple!
 

robin09

Well-Known Member
Jun 4, 2005
6,800
7,697
Depends what the Club's ultimate goal is.

We can't expect to get into those top 4 spots consistently, without speculating in the transfer market first. It's risky. It could fail.

If we want to be generally 'competitive' while being frugal, then fine. We can sell first and use a percentage of the revenue to buy. But then don't fire a manager for not finishing above teams who spend freely and gather a better quality squad.
 

Original # 10

Well-Known Member
Aug 13, 2008
1,013
1,609
No thanks.
Highest ever EPL points haul and we're still a little deflated
6 points off 2nd using the current way of doing things
New stadium to pay for

We are 3 players short of being where we need to be come August
 

Stoof

THERE IS A PIGEON IN MY BANK ACCOUNT
Staff
Jun 5, 2004
32,221
64,290
Been saying his for years

And it's the exact reason people don't take you seriously. It's not how anyone has ever run a successful multi-million pound business.

Is it Mr Ridsdale?

Gah. What's our profit? A couple of mil? What company would spend 15 times it's profit?

I don't know - maybe that's another one for Mr Ridsdale to field?
 

mill

Well-Known Member
May 21, 2007
10,423
37,189
No thanks.
Highest ever EPL points haul and we're still a little deflated
6 points off 2nd using the current way of doing things
New stadium to pay for

We are 3 players short of being where we need to be come August
TBH though them 3 players would probably put us at a deficit spend
 

camaj

Posting too much
Aug 10, 2004
8,195
883
Most seasons we've been at a deficit with our spending, as are most clubs and if we can get the right players we should. I don't know if we can spend more than we take in but there's no way that'd ever happen. I don't know what our annual turnover is but £60m isn't an outrageous figure, we'll never have a net spend of £60m this summer.

While we've done well we've always spent money, our problem is we've often been wasteful. Part of the problem is that we've lost players to so-called bigger teams which causes disruption. I think we should buy a few really good players who will improve the team and that basically means targeted spending on the weakest area of the pitch, our strikers. We could stumble along scraping 4th/5th but I feel a little extra spending would give us top 4 comfortably. Surely a net spend of £20-30m is worth it if it means the team can fulfil it's potential? We'd make that back on either qualification or resale value. We'd have to spend something like £50m for it to be beyond our means which I don't think is necessary or wise.
 

Pete Spur

Well-Known Member
Oct 11, 2012
1,238
1,207
fuck no lol

30 mil on Cabaye then another 30 on Michu am I reading this rite?

if we spend 30 mil on a player it better be the likes of Mata or Silva or Rooney or Suarez infact fuck getn shafted in the transfer market, that bubbles going to burst sooner or later and when it does clubs like us will be in great shape

modern day football makes me sick at times
 

chrissivad

Staff
May 20, 2005
51,646
58,072
Can we actually spend more than we bring in with the FFP rules coming into force?

If i remember right the FFP is coming in in stages.
You can still make a loss, but each year the loss that you can make gets smaller.

I cant remember what the figuars are off the top of my head or how many season its run over, but it should still be going on.
 

Pete Spur

Well-Known Member
Oct 11, 2012
1,238
1,207
I can't wait for the next big club to pull a Leeds so hopefully alot of our fans will wise up

was almost the scousers but they got saved
 

TH1239

Well-Known Member
Jan 28, 2011
3,691
8,964
fuck no lol

30 mil on Cabaye then another 30 on Michu am I reading this rite?

if we spend 30 mil on a player it better be the likes of Mata or Silva or Rooney or Suarez infact fuck getn shafted in the transfer market, that bubbles going to burst sooner or later and when it does clubs like us will be in great shape

modern day football makes me sick at times

You misread my post. I was implying spending 15 million on each player, for a sum of 30 million pounds. I think that's fair value for Cabaye and Michu, and we showed last summer with Dembele we aren't afraid to spend that amount.
 
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