Looks like we actually did pretty well last year in terms of finances and reducing our wage to revenue ratio to 71%. Along with a 140 million increase in revenue owing mostly due to UCL.
However if we had qualified for UCL last year we wouldn't be in this financial mess and wouldn't need to be worried about selling players and reducing wages. Our revenue will most likely drop to around 400 million or just below and makes it all the tougher to try and make sure we stick to that 70% ratio and avoid penalties later on.
Which explains why we can't just go sign another rashford type player on loan this season and makes our recruitement in the summer transfer window look even worse. Also explains why we have to sell to players to free up wage space before we can buy.
This is why UCL must be a priority. next year we will lose another year (22/23) from PSR which will potentially free up some money to spend and invest in new players but it all depends on qualifying for UCL and making sure our SCR does not go beyond 70% to avoid penalties from UEFA.
by Subject-Ad2357
3 Comments
Doubling our revenue is really impressive. UCL is key.
Well, two solid ways to get it with our league position or europa league. Just keep trudging on, every point is massive. Plus the draw for higher quality of players is huge too.
Can we sell the naming rights of our stadium to one of our owners other businesses 😅 we gotta juice those numbers somehow.