In net spend terms in 22/23 we lost £50m but we did bring in £20m for Chukwuemeka which was pure FFP profit and must have covered a few of our signings year one FFP. So if there was an issue it must surely have been around wages, I don't even want to know how much we were paying Coutinho, Ings etc. But we were also offering a huge deal to Chukwuemeka too so can't have been that concerned?If Purslow had accidentally driven us into a financial abyss you'd think he'd be in hiding rather than sitting with the away fans at games.It doesn't make sense to me however things have been going so well I am fully expecting it to happen.
Quote from: algy on February 28, 2024, 02:57:11 PMQuote from: London Villan on February 28, 2024, 10:59:05 AMI think most people would have seen it as a £17m gamble - which for a player that was sold a couple of years previously for +£100m was worthwhile.As soon as his mate was sacked, then his days were numbered. Pity we can't at least get some of that £17m back...Yep, this. We paid £17m for a player who might've returned to being a £100m+ player. It didn't work out. There'll be other similar buys that do work out (e.g. Tyrone Mings was arguably a similar signing - loan then purchase of an out-of-favour player). These things happen - it was worth a punt.i think it's a big mistake . The loan was perfect and anyone with a rationale head could see Coutinho was a busted flush other than irregular moments of magic. It was a crazy signing and again Purslow getting too involved doesn't help
Quote from: London Villan on February 28, 2024, 10:59:05 AMI think most people would have seen it as a £17m gamble - which for a player that was sold a couple of years previously for +£100m was worthwhile.As soon as his mate was sacked, then his days were numbered. Pity we can't at least get some of that £17m back...Yep, this. We paid £17m for a player who might've returned to being a £100m+ player. It didn't work out. There'll be other similar buys that do work out (e.g. Tyrone Mings was arguably a similar signing - loan then purchase of an out-of-favour player). These things happen - it was worth a punt.
I think most people would have seen it as a £17m gamble - which for a player that was sold a couple of years previously for +£100m was worthwhile.As soon as his mate was sacked, then his days were numbered. Pity we can't at least get some of that £17m back...
Quote from: VillaTim on February 28, 2024, 03:02:33 PMQuote from: algy on February 28, 2024, 02:57:11 PMQuote from: London Villan on February 28, 2024, 10:59:05 AMI think most people would have seen it as a £17m gamble - which for a player that was sold a couple of years previously for +£100m was worthwhile.As soon as his mate was sacked, then his days were numbered. Pity we can't at least get some of that £17m back...Yep, this. We paid £17m for a player who might've returned to being a £100m+ player. It didn't work out. There'll be other similar buys that do work out (e.g. Tyrone Mings was arguably a similar signing - loan then purchase of an out-of-favour player). These things happen - it was worth a punt.i think it's a big mistake . The loan was perfect and anyone with a rationale head could see Coutinho was a busted flush other than irregular moments of magic. It was a crazy signing and again Purslow getting too involved doesn't helpI think there is a bit of revisionism going on here. In his six months with us on loan he scored 5 goals from 16 starts. Not bad considering the team wasn't great at that point. Was he the player Liverpool had? Of course not. Was he a player worth a £17m gamble? Absolutely. I'm sure his wages are very high, but while he's on loan in Qatar that's not hurting us anyway. The fact he got that hamstring injury and never really got fit again for us until after Unai was in and up and running definitely cost him his place here.Clearly Unai and his team want him off the wage bill so they can bring in their own players, and that's absolutely fine, but I also think that if we had an injury crisis that meant he had to play a part in our team again (a la Chambers), then Unai could get a tune out of him. It won't happen though, and I suspect we'll see him go somewhere in the Middle East on a permanent this summer. Whether we cover our FFP position or not is anyone's guess, but even if he went on a free, it would still only cost is about £8m in FFP terms now.
I think there is a bit of revisionism going on here. In his six months with us on loan he scored 5 goals from 16 starts. Not bad considering the team wasn't great at that point. Was he the player Liverpool had? Of course not. Was he a player worth a £17m gamble? Absolutely. I'm sure his wages are very high, but while he's on loan in Qatar that's not hurting us anyway. The fact he got that hamstring injury and never really got fit again for us until after Unai was in and up and running definitely cost him his place here.
Quote from: caster troy on February 28, 2024, 03:02:57 PMIn net spend terms in 22/23 we lost £50m but we did bring in £20m for Chukwuemeka which was pure FFP profit and must have covered a few of our signings year one FFP. So if there was an issue it must surely have been around wages, I don't even want to know how much we were paying Coutinho, Ings etc. But we were also offering a huge deal to Chukwuemeka too so can't have been that concerned?If Purslow had accidentally driven us into a financial abyss you'd think he'd be in hiding rather than sitting with the away fans at games.It doesn't make sense to me however things have been going so well I am fully expecting it to happen.The bloke gave fifty grand to the Tory party. I doubt shame takes up any space in his emotional palette.
Quote from: Smithy on February 28, 2024, 03:21:42 PMI think there is a bit of revisionism going on here. In his six months with us on loan he scored 5 goals from 16 starts. Not bad considering the team wasn't great at that point. Was he the player Liverpool had? Of course not. Was he a player worth a £17m gamble? Absolutely. I'm sure his wages are very high, but while he's on loan in Qatar that's not hurting us anyway. The fact he got that hamstring injury and never really got fit again for us until after Unai was in and up and running definitely cost him his place here.And let’s not forget during that loan spell there were plenty panicking that if we didn’t make it permanent that Newcastle would style in and nick him from us.Doesn’t look great in hindsight but it was a gamble the club took…it just didnt work
Well as Purslow left in June 2023 and we know the accounts up to May 2023 aren’t in breach, he must have had one hell of a leaving party and golden handshake to screw us up!All joking aside, if he did leave sufficient mess to cause a problem in this years figures, we had a chance to nullify it by not spending £70m more on top…So, I don’t think we can put the blame at his door if there does turn out to be an issue.
Quote from: Dogtanian on February 28, 2024, 03:17:00 PMWell as Purslow left in June 2023 and we know the accounts up to May 2023 aren’t in breach, he must have had one hell of a leaving party and golden handshake to screw us up!All joking aside, if he did leave sufficient mess to cause a problem in this years figures, we had a chance to nullify it by not spending £70m more on top…So, I don’t think we can put the blame at his door if there does turn out to be an issue.How do we know that?
With regards to the stopping of the re-development, maybe the club could not afford to have 10,000 less fans in the ground for each home game for the next 2-3 seasons?
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