Liverpool FC Forum

[Pool Boy]

Okay...as an accountant I feel the need to point out a few things.

Champions League Revenue does not equal profit. There are costs associated with earning this money..player bonuses, debt repayments etc. Also the club would have budgeted to earn revenue from the champions league....which they used last summer to fund the purchases of Alonso, Garcia and Morientes, net of the income from Owen....winning it may have only given the club an extra £10m maximum....

Now do the maths on the proposed transfer of Owen....sell for £8m and buy for £18m = a loss of £10m. But Owen and sell Cisse...cost £14m sell for max £10m....conservative loss of £4m. Total loss of £14m for what...to put us exactly where we were last year....The board would have been crazy to fund a deal for Owen based on Newcastle's bid.

Newcastle received £15m for the sale of Woodgate last year from Real and never spent it until this week...then bought two strikers....they have an avarage attandance at least 10,000 per game more than us...they are a big club financially...I'm quite sure their turnover is as big as ours and they can compete with us off the pitch.....we are looking at building a stadium with a roughly similar capacity to them....off the pitch they are ahead of us....on it they are building a team like Spurs of old...score more than they let in.

For once Liverpool didn't get carried away...the current squad we have has improved somewhat from Istanbul...not as much as most would like...myself included....but remember the transfer window will open again in 4 months...we do not know what goes on behind the scenes and that's how it should be...

The game has changed and money rules it...if you don't have you have to watch it...and watch others spend it...but you can bet your life of two things...

We will finish ahead of Newcastle this year and Owen will leave Newcastle after the World Cup....richer but with no medals.

Enjoy the football.

[ivor_the_injun]

Absolutely excellent post. There is far too much read into figures that people read from tabloid headlines. The idea that absolutely every penny a club makes through transfers, progress in cup competitions, kit sales etc goes straight into the transfer kitty is - well - a bit naive to say the least.

Newcastle, even though they sat on money for a while, started throwing ridiculously large amounts at players they could have got for a fraction of the price. Boumsong for £8m? At what point that seemed like a good idea I'll never understand. Owen is the only player they've brought in recently that makes any sense, and - seeing as though they probably could have got him for £12m - is another example of money p*ssed away. Say it again...the new Leeds?...

[stmichael]

people need to also remember that we are in the process of negotiating a move to the new stadium.

money doesn't grow on trees ffs.

[Red Rafa Revolution]

excellent stuff poor boy. a lot of people equate winning the CL like striking the lottery, we got $30 Mil so let's go out and buy ourself a SWP, Joaquin, Gallas etc etc when the winnings are already earmarked to repay earlier purchases.

[The Manhattan Project]

We have no proven premiership goalscorer!

To be honest, I prefer to have a wider variety of players from the attack and midfield who can get the goals rather than the "eggs in one basket" striker who gets the majority of the teams goals. It's more flexible and shows the attacking tendencies of a wider group of players.

As long as we win, I don't care who gets the goals.

[parchpea]

We got £20m for the Champs league win, therefore:

Reina £6m
Sissoko £5m
Crouch £7m
__

£18m ish + wages and agents we are not far off that

[Hotrod]

RB always built teams without 20 goal a season men if we play 4-5-1 strikers dont have to get all the goals

[teamleader1]

we sold owen for 8 mil plus a real madrid busted flush i.e nunez-
we paid madrid 7 mil for another busted flush i.e nando-
madrid make a cool 8 mil selling owen on- plus the seven for nando-
weve sold baros well below his worth-
the manager is fueling the rumours that cissi is on his way-
we nearly blew the whole season last week by the manager messing about with the team selection-
unless rafa pulls the biggest white rabbit out of his hat in the next two days Im begining to wonder what the f**k is going on?- anyone else feeling the same?

oh and owen has only acted in his usual selfish way so why is anyone suprised?

[teamleader1]

we sold owen for 8 mil plus a real madrid busted flush i.e nunez-
we paid madrid 7 mil for another busted flush i.e nando-
madrid make a cool 8 mil selling owen on- plus the seven for nando-
weve sold baros well below his worth-
the manager is fueling the rumours that cissi is on his way-
we nearly blew the whole season last week by the manager messing about with the team selection-
unless rafa pulls the biggest white rabbit out of his hat in the next two days Im begining to wonder what the f**k is going on?- anyone else feeling the same?

oh and owen has only acted in his usual selfish way so why is anyone suprised?

[King Carra]

I think Newcastle have made a big mistake in singing Owen, and if they don't finish in top six football this season they will go down the same path Leeds did and will end up in bother, and i don't even want to know what there wage bill will be from tomorrow.
I think Newcastle will finish top ten this season and they have work to do for even that, as they stand in the re;egation zone at the moment, and unfortunatley for Newcastle fans, Owen is been his own greedy self again, because he will have insisted in a get out clause and he knew they would accept it due to them despratley needing a goal scorer, so out of this move he is putting himself and his England carrer ahead of his club.