> Our spending situation...

 
X-Offender
post Aug 20 2014, 05:23 PM
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... is quite puzzling. I just can't seem to grasp the logic here. We're the 7th highest valued club in the world, with a value estimated at €659 million. We're owned by one of the richest man not only in Italy, but in the world, with an estimated net worth of $9 billion. Yet we can't seem to spend a penny in signing players.

I understand that we can never compete with the European powerhouses and spend €35 million on this guy, €40 million on that guy. But not even €12-15 million? I swear, we are so cheap it's absolutely bewildering. Asking Rami to pay €500k out of his pocket to Valencia, acting as if €5 million for Dzemaili is €50 million, considering Taarabt's €4 million price tag as too high. And these are just a few rushed examples that come to mind.

There must be a reason we only go after free agents and rejects, but for the love of god I just can't figure it out. The FFP argument does not hold water cos everyone is spending nowadays, sometimes considerable amounts, even clubs that don't take part in the Champions League. We've even reduced our wage bill and our roster, yet nothing seems to be changing. The theory that we would follow Arsenal's example has proven to be another lie fed to the fans.

The only reason I can think of is that the owners (i.e. the Berlusconi family) simply DO NOT want to spend because they DO NOT care anymore. But then again we always face the usual "Milan is not for sale" every time there seems to be an offer in the air.

I just... I just don't get it. Any thoughts?
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kurtsimonw
post Aug 21 2014, 06:31 AM
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But Jack, sponsorships are included in revenue. These clubs are making massive losses after doing what you have outlined above.

I do think it's purely a money making exercise for UEFA and they pick and choose stuff. PSG had a sponsor that wasn't allowed to go through by UEFA as it wasn't deemed "fair value", I believe it was less than £170m. United and Barca have both been allowed deals that make PSGs looks like pennies. Funny that.
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Jack Sparrow
post Aug 21 2014, 04:36 PM
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QUOTE (kurtsimonw @ Aug 21 2014, 01:01 PM) *
But Jack, sponsorships are included in revenue. These clubs are making massive losses after doing what you have outlined above.

I do think it's purely a money making exercise for UEFA and they pick and choose stuff. PSG had a sponsor that wasn't allowed to go through by UEFA as it wasn't deemed "fair value", I believe it was less than £170m. United and Barca have both been allowed deals that make PSGs looks like pennies. Funny that.


Yes. Actually only PSG and Man City have really flouted norms. None of the other clubs have. And both of them have been given some harsh slaps on the wrist. With the warning to shape up or things get worse. So it's not as bad as you think. Monaco are shipping people out like anything. Chelsea are well within norms. Man Utd are doing swell financially and will need to go at least two more seasons without CL to be in trouble. Real and Barca are also comfortable.

So who else ? Which big club do you actually feel is spending more than it can earn?
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Posts in this topic
- X-Offender   Our spending situation...   Aug 20 2014, 05:23 PM
- - Jack Sparrow   Revenues vs Expenses basically. Our revenue stre...   Aug 20 2014, 05:35 PM
- - X-Offender   Not that argument! What would it take for Silv...   Aug 20 2014, 06:12 PM
- - Jack Sparrow   Silvio can't spend. Milan doesn't belong t...   Aug 20 2014, 08:17 PM
|- - han2503   QUOTE (Jack Sparrow @ Aug 20 2014, 08:17 ...   Aug 20 2014, 08:49 PM
|- - Rossoneri7   QUOTE (Jack Sparrow @ Aug 20 2014, 11:17 ...   Aug 21 2014, 08:17 AM
- - Danny   Our value is actually $850m, same as Chelsea.   Aug 20 2014, 10:18 PM
- - X-Offender   QUOTE (Jack Sparrow @ Aug 20 2014, 08:17 ...   Aug 21 2014, 12:41 AM
|- - Danny   QUOTE (X-Offender @ Aug 20 2014, 11...   Aug 21 2014, 10:34 AM
- - kurtsimonw   If FFP is such an issue, can anyone explain the sp...   Aug 21 2014, 03:15 AM
|- - Jack Sparrow   QUOTE (kurtsimonw @ Aug 21 2014, 09:45 AM...   Aug 21 2014, 05:59 AM
- - Jack Bauer   Even ignoring the top clubs, clubs that are much ...   Aug 21 2014, 05:17 AM
|- - kurtsimonw   QUOTE (Jack Sparrow @ Aug 21 2014, 05:36 ...   Aug 22 2014, 12:11 AM
|- - Jack Sparrow   QUOTE (kurtsimonw @ Aug 22 2014, 06:41 AM...   Aug 22 2014, 01:04 PM
- - han2503   I don't know why we're even discussing thi...   Aug 21 2014, 10:03 AM
|- - Rossoneri7   QUOTE (han2503 @ Aug 21 2014, 01:03 PM) I...   Aug 21 2014, 10:09 AM
- - kurtsimonw   Doesn't change the fact they Chelsea have made...   Aug 22 2014, 08:03 PM
- - Rossoneri7   This is a good explanation of how chelsea complied...   Aug 22 2014, 08:58 PM
- - Danny   Chelsea losses were 49.4M. Ours are 15.7M. http:...   Aug 22 2014, 09:06 PM
- - Rossoneri7   RE: Our spending situation...   Aug 22 2014, 09:19 PM
- - Jack Sparrow   Our problem is we're stretched just to stay in...   Aug 23 2014, 06:40 AM
- - kurtsimonw   QUOTE (Jack Sparrow @ Aug 23 2014, 07:40 ...   Aug 23 2014, 06:51 AM
- - Rossoneri7   QUOTE (kurtsimonw @ Aug 23 2014, 09:51 AM...   Aug 23 2014, 03:04 PM


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