City will get about £16mill next season

City will get about £16mill next season due to Newcastle going straight back up


I am under the impression that Newcastle's parachute payment would be divided between all the clubs in championship, apart from the promoted and relegated clubs, so City will get extra £3mill

How do you work this out?

£16mill payment to Cardiff City, if true, there is no excuses why Warnock can't get a good budget of Tan, Tan will already be getting about £10mill in our last parachute payments.



viewtopic.php?f=2&t=185065

You do not have the required permissions to view the files attached to this post.

I've just checked, we will get a share thanks to Newcastle going straight back up, but I reckon the total we will get for 2017-18 season will be around £12mill ?

Anyone else know?

viewtopic.php?f=2&t=185065

Ive just checked, we will get a share thanks to Newcastle going straight back up, but I reckon the total we will get for 2017-18 season will be around £12mill ?

Anyone else know?

I honestly don't know, but £12m would only make a relatively small dent in the outstanding debt. Be interesting to see how much of that is made available for team strengthening. Possibly give us an idea of how serious we are about a proper push for promotion.

Ive just checked, we will get a share thanks to Newcastle going straight back up, but I reckon the total we will get for 2017-18 season will be around £12mill ?

Anyone else know?

I honestly don't know, but £12m would only make a relatively small dent in the outstanding debt. Be interesting to see how much of that is made available for team strengthening. Possibly give us an idea of how serious we are about a proper push for promotion.

Steve, Warnock will offload another load of over paid players plus players like Manga/Whitts etc contracts have expired them two alone were about £250,000 a month.

Then you have the likes of Craig Noone,Pilkington,John leaving etc etc

Our wages have come down massively in the last three years, Warnock never really bought last season, I personally expect Warnock to receive at least £6mill, maybe even £8mill, thats not asking for a lot in the Championship to even just survive,we are going for promotion

Ive just checked, we will get a share thanks to Newcastle going straight back up, but I reckon the total we will get for 2017-18 season will be around £12mill ?

Anyone else know?

I honestly don't know, but £12m would only make a relatively small dent in the outstanding debt. Be interesting to see how much of that is made available for team strengthening. Possibly give us an idea of how serious we are about a proper push for promotion.

Steve, Warnock will offload another load of over paid players plus players like Manga/Whitts etc contracts have expired them two alone were about £250,000 a month.

Then you have the likes of Craig Noone,Pilkington,John leaving etc etc

Our wages have come down massively in the last three years, Warnock never really bought last season, I personally expect Warnock to receive at least £6mill, maybe even £8mill, thats not asking for a lot in the Championship to even just survive,we are going for promotion

Be good if he good get £8m and just hope that 's enough for the man who knows what it takes to get out of this league.

From Twitter
Steve Grant‏ @SteveG1809

Replying to @AnnisAbraham
Wld we have got more for final parachute payment than previously expected due to distribution increase with new TV deal and Newcastle going straight back up

I've just checked, we will get a share thanks to Newcastle going straight back up, but I reckon the total we will get for 2017-18 season will be around £12mill ?

Anyone else know?

I'm pretty sure it will be about 11 million... 9 million parachute payment and extra 2 million approx if we get Newcastle share.

Should give Warnock room for manoeuvre this season, but I dread to think what will happen next year when we lose our parachute payment

How do you work this out?

£16mill payment to Cardiff City, if true, there is no excuses why Warnock can't get a good budget of Tan, Tan will already be getting about £10mill in our last parachute payments.



viewtopic.php?f=2&t=185065

Annis

The club received about £16m in parachute payments in season 2015/16 which is the year for the last set of published accounts. Despite this, and despite a debt write off of £10m, the club lost £8m in that year. So without parachute payments and without that debt write off the club would have had to reduce costs by about £34m just to break even.

I personally haven't seen confirmation of the parachute figure for the season just ended, but would expect it to be a similar figure to the £16m and I suspect Vincent Tan will not yet have decided what debt write off he will make in those 2017/17 figures.

There will have been very big wage cost savings last season and further ones already planned before next season in terms of current players that will be let go. There should also have been some big savings in the figure written off player costs in the accounts ( called amortisation) as we didn't have anywhere near as high a transfer cost to start with compared to previous seasons.

What some posters in this thread are missing is that the £16m figure isn't on top of the money we have received in previous years ( in fact it is less than the amount received in a couple of recent seasons) but a replacement for a similar sum received in a year when the club still lost money.

Everyone apert from the owner would just be guessing if they gave a figure for how much Neil Warnock has in his budget for transfer fees and wages for new players. My own guess is that it will include a transfer fee budget of no more than £5m or £6m and then only if he is able to get a sensible transfer fee in from the sales of No one,Pilkington and maybe a few other first team squad players

How do you work this out?

£16mill payment to Cardiff City, if true, there is no excuses why Warnock can't get a good budget of Tan, Tan will already be getting about £10mill in our last parachute payments.



viewtopic.php?f=2&t=185065

Annis

The club received about £16m in parachute payments in season 2015/16 which is the year for the last set of published accounts. Despite this, and despite a debt write off of £10m, the club lost £8m in that year. So without parachute payments and without that debt write off the club would have had to reduce costs by about £34m just to break even.

I personally haven't seen confirmation of the parachute figure for the season just ended, but would expect it to be a similar figure to the £16m and I suspect Vincent Tan will not yet have decided what debt write off he will make in those 2017/17 figures.

There will have been very big wage cost savings last season and further ones already planned before next season in terms of current players that will be let go. There should also have been some big savings in the figure written off player costs in the accounts ( called amortisation) as we didn't have anywhere near as high a transfer cost to start with compared to previous seasons.

What some posters in this thread are missing is that the £16m figure isn't on top of the money we have received in previous years ( in fact it is less than the amount received in a couple of recent seasons) but a replacement for a similar sum received in a year when the club still lost money.

Everyone apert from the owner would just be guessing if they gave a figure for how much Neil Warnock has in his budget for transfer fees and wages for new players. My own guess is that it will include a transfer fee budget of no more than £5m or £6m and then only if he is able to get a sensible transfer fee in from the sales of No one,Pilkington and maybe a few other first team squad players

Thank you Keith, I was awaiting your explanation and it's appreciated

That's why we let em beat us twice