Where do we stand?

Ok we're promoted.

What is the current debt level?

How much did we lose last year?

How much are we guaranteed for next year?

So how do we balance paying back debt whilst still investing in the squad?

Any short fall in income this year will obviously increase this year in terms of increased commitments to players even on the existing squad who will (rightly) expect better terms.

Whilst I would like to see us invest money this year in improving the quality of the playing squad the last thing I want us to do is a QPR and throw money at shit. A prudent plan that addresses debt as well as progress is what is called for here.

This will be Malkeys and the boards biggest test.

For all Vincent's eccentricity, he has spoke a lot of sense on what his plans are, ie NOT the QPR way, but more a Southampton model. The 25 million quoted isn't set in stone, but if it is then we're of course looking at a much larger annual wage bill. The most important factors are we've got a quality manager in place and also arguably 6 or 7 players(maybe more)who are ready to make the step up. The debt could be serviced well enough whilst comfortably surviving and hopefully becoming established within two years

I'd guess we now owe Tan over £65m and Langston £24m so total debt probably close to £100m

I'd expect us to make a profit next year as long as we don't spend more than £25m in the transfer market and don't spend any money on new training ground (£10m in Tans plan) and stadium expansion (£12m in Tans plan).

If we stick to this I'd expect our debt situation to get no worse next season. It could potentially get a lot better if Langston gets sorted for less than £24m and Tan starts converting some debt to equity but I don't hold out too much hope for movement on this.

Have we had confirmation that the 25 million is for fees only? This season he quoted a 10 million budget but that was fees and wages.

For all Vincent's eccentricity, he has spoke a lot of sense on what his plans are, ie NOT the QPR way, but more a Southampton model. The 25 million quoted isn't set in stone, but if it is then we're of course looking at a much larger annual wage bill. The most important factors are we've got a quality manager in place and also arguably 6 or 7 players(maybe more)who are ready to make the step up. The debt could be serviced well enough whilst comfortably surviving and hopefully becoming established within two years

Wish people would stop using Southampton as the example. They have spent £40m on transfers this year. Norwich would be much better example.

Have we had confirmation that the 25 million is for fees only? This season he quoted a 10 million budget but that was fees and wages.

This season we spent £10.2m net on transfer fees

http://www.transfermarkt.co.uk/en/cardi ... n_603.html

Have we had confirmation that the 25 million is for fees only? This season he quoted a 10 million budget but that was fees and wages.

This season we spent £10.2m net on transfer fees

http://www.transfermarkt.co.uk/en/cardi ... n_603.html

So, as expected, the "fee plus wages" quote was to quell other clubs expectations of what we had to spend. Tan said 10million last year and then others had to reign in the fact that he let everyone know what we had.

For all Vincent's eccentricity, he has spoke a lot of sense on what his plans are, ie NOT the QPR way, but more a Southampton model. The 25 million quoted isn't set in stone, but if it is then we're of course looking at a much larger annual wage bill. The most important factors are we've got a quality manager in place and also arguably 6 or 7 players(maybe more)who are ready to make the step up. The debt could be serviced well enough whilst comfortably surviving and hopefully becoming established within two years

Wish people would stop using Southampton as the example. They have spent £40m on transfers this year. Norwich would be much better example.

I read a Southampton fan say it was closer to £20m. Either way, it's better than the QPR method

For all Vincent's eccentricity, he has spoke a lot of sense on what his plans are, ie NOT the QPR way, but more a Southampton model. The 25 million quoted isn't set in stone, but if it is then we're of course looking at a much larger annual wage bill. The most important factors are we've got a quality manager in place and also arguably 6 or 7 players(maybe more)who are ready to make the step up. The debt could be serviced well enough whilst comfortably surviving and hopefully becoming established within two years

Wish people would stop using Southampton as the example. They have spent £40m on transfers this year. Norwich would be much better example.

I read a Southampton fan say it was closer to £20m. Either way, it's better than the QPR method

http://www.transfermarkt.co.uk/en/fc-so ... n_180.html

I agree its better than the QPR method (£62m over two years then relegation) but if they spend another £40m this year and then get relegated they will probably be even more screwed than QPR

http://www.transfermarkt.co.uk/en/queen ... _1039.html