We have heard this a few times now and Angus recently has said Radz is still ploughing £1m a month into the club.
Our highest earner i believe is Bamford on £35,000 a week - £1.8m a year.
Now what i dont understand is how can the wage bill be £40m when we have so few players?
Gk Casilla / Meslier
DF Cooper/Ayling/Berardi/Douglas/White/Alioski
MF Phillips/Dallas/Hernandez/Forshaw/Poveda/Costa/Klich
FW Bamford/Augustin/Roberts
18 "senior players". If they all earn £30,000 a week then their wages account for £26.5M. Add Bamfords on and its £28.3M
Bielsa and staff cost us £9m i believe which takes us to £37.3M.
That still leaves £2.7M to cover the wages of the U23s etc who shouldnt be on more than a few hundred quid each and those out on loan - Grot, De Bock, Shaughnessy and Mujica but surely their current clubs are contributing to their wages.
The figures dont add up? Players like Meslier and Poveda cant surely be earning £30,000 a week neither.
When you compare our squad against Forest 27 senior players.......
Gk Samba/Muric/Smith
DF Ribeiro/Figueiredo/Worrall/Jenkinson/Dawson/Darikwa/Benalouane/
Hefele /Bong
MF Watson/Carvalho/Cash/Bostock/Semedo/Ameobi/Sow/Yates/Lolley/
Silva/Adomah
FW Grabban/Diakhaby/Costa/Clough
and consider they have only just sold/released Pantilimon/Mir/Robinson/Yacob/Chema in January and Ariyibi/Appiah/Cummings/Murphy/Milosevic in September
and they have players out on loan - Bridcutt/Steele/Walker.
something does not add up!
Is Angus d1kking with us ?
£40m unsustainable wage bill
posted on 31/1/20
how well*
posted on 31/1/20
Is this official information or just what we’re told?
Find it impossible to believe our wages are £40m a year. Criminal if true.
posted on 31/1/20
The thing I struggle with is why we as a club need the owner to pump in 1m a month when we are practically selling out 35k every home game and must have a very solid marketing/sales program as a result.
I appreciate we don't have parachute payments like a WBA but I cannot envisage our accounts are that bad compared to other teams that we are leaking a million a month.
posted on 31/1/20
comment by Best Fans - ¡Leeds Carajo! (U2196)
posted 13 minutes ago
comment by Kebablegs (U17699)
posted 19 minutes ago
and yet our rivals keep spending money.
Callum Robinson and Grosicki to West Brom
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They got 35 million this season in parachute payments.
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and their wage bill was a reported £90m on 17/18 accounts.
posted on 31/1/20
comment by The Hayemaker (U14625)
posted 10 minutes ago
Is this official information or just what we’re told?
Find it impossible to believe our wages are £40m a year. Criminal if true.
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Im told Angus did a report in the last matchday programme saying as much and that we are on the brink in terms on FFP. Can anyone confirm this?
posted on 31/1/20
comment by Yorkie_116 (U2965)
posted 17 minutes ago
The thing I struggle with is why we as a club need the owner to pump in 1m a month when we are practically selling out 35k every home game and must have a very solid marketing/sales program as a result.
I appreciate we don't have parachute payments like a WBA but I cannot envisage our accounts are that bad compared to other teams that we are leaking a million a month.
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I think even with sold out home games and good surrounding sales, that money just pales insignificant compared to the TV money in the PL. Which is why a club like Bournemouth (with next to no matchday sales) can sustain a wage bill of £100m...and we, despite consistently higher matchday income and repeatedly being on sky sports, cannot sustain a £40m wage bill. The gulf between PL tv money and EFL TV money is frankly a mess ...exactly why Radz and other owners have been banging on about it to the EFL for years (ELF have cut a terrible deal imo).
posted on 31/1/20
It is said that to get out of the Championship you'd need to pump at least 100m in!..
The reason the Championship is the hardest league in the world to get out of, the money the Premiership generates makes it very hard and expensive for any team trying to get there!..
And wages and players we shout about on here, the ones we're not getting has that got nothing to do with their demands?..
I think they'll want more or less the same and in some cases more than Bamford!..
posted on 31/1/20
I am sure the bean counters among us can deepen our understanding of this. I suspect that the 1 million a month is a tax avoidance strategy, as Radz has more than one income stream coming from LUFC.
Also, there are a number of players who are being paid, despite the fact they never play for us. And there are a number of back room staff involved in training, scouting, marketing, revenue and maintenance. But how that adds up to 40 million is beyond me.
posted on 31/1/20
Leeds' staff will be on ludicrous wages in comparison to a lot of other teams' managers. I imagine the wage gap between Bielsa and his backroom staff compared to Thomas Frank or Alex Neil and their backroom staff will be absolutely massive.
Leeds will be paying PL wages to some of the better players, just like West Brom. But again, WBA can get away with it due to parachute payments, however that does run out eventually.
Teams gamble it and that's why they end up in so much financial trouble and this is why points deductions happen so much more often these days.
The risk and reward gamble is worth it to a lot of people who run clubs these days, because everyone knows just how rich a club can become and how it can sustain them for years to come as well.
posted on 1/2/20
Are we including bonus' in this discussion?