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Silk from financial sow’s ear

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World Soccer Magazine published a fascinating table at the bottom of an article on the respective financial might of Chelsea and Manchester City yesterday, detailing player spend and sales for current English Premier League clubs over the last 10 seasons.

Liverpool have an average net spend of £18.1m as they chase former glories while Manchester United, who stole Liverpool’s place at the top of the English pile, had only a marginally higher net spend of £18.6m.

Fifth on the list is Aston Villa, largely on the back of an attempt to take over the world during Martin O’Neill’s reign, spending a net average of £11.1m.

Most fascinating of all is that 11 of the 20 have a net average spend of less than £4m per season.  They spend big, but apart from the odd team spending some foreign country’s mineral wealth, they also sell big.

Bottom of the table of net biggest spenders in Everton, who sold £7.8m of talent more than they bought during the period.  Newcastle United are also in a surplus, thanks in part to their recently departed director of football, Joe Kinnear, who completed his service without spending a penny.

Crystal Palace clearly have an eye for a bargain.  They successfully negotiated a return to the Premier League, and then bought Joe Ledley as his Celtic contract ran down, with an average net spend of £722k.

The Silk from a Sow’s Ear prize has to go to Arsenal.  The last decade has not been generous to Arsenal, however, their average net spend is only £1.5m per season having sold £277m worth of talent.  Their business model is not right, i.e. they have not been able to compete with those who don’t seem to care if they break even, but they, more than any other club in Europe*, are primed for the Financial Fair Play era.

*apart from Celtic, of course.
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  1. traditionalist88 on

    ABERDEEN FC will take on Celtic at Pittodrie in three weeks.

     

     

     

    The top-of-the-table clash was due to take place at the weekend, but was called off after the Dons made the League Cup semi-final.

     

     

    It will now take place on Tuesday, February 25 at 7.45pm.

     

     

    The Dons’ trip to Tynecastle to face Hearts has also been moved, to April 1, at 7.45pm, due to a clash with the League Cup final weekend

  2. NatKnow - Supporting Wee Oscar on

    greenmaestro

     

     

     

    15:29 on 4 February, 2014

     

     

     

    NatKnow – Supporting Wee Oscar

     

    15:02 on

     

    4 February, 2014

     

    Kilbowie Kelt will vote YES

     

     

    14:34 on 4 February, 2014

     

     

    Bawsman

     

     

    12:11 on 4 February, 2014

     

     

    Fact of the matter is, Scotland will get independance when England decides it.

     

    ____________

     

     

    That is a load of BAWS, Bawsman.

     

     

    We have nothing to lose but our chains,.. & our irrational fear of the unknown.

     

    —————————————————————————-

     

    There’s nothing irrational about being wary of the unknown.

     

    ___

     

     

    Sorry to but in to this discussion. I have to agree with KK.

     

     

    When deciding whether to vote Yes or No on Scotland being part of the future; right now you’re thinking if I am to vote yes then I don’t know what the future will be, this is true. But if you’re thinking if I’ll vote no, because I do know what the future will be then I’m afraid your are incorrect. Whatever way you think the vote may go, Yes or No, you don’t know for certain what the future will be.

     

     

    What you are deciding to do with a No vote is rely on the good people elected to the Westminster government in the future to run the country in the best way in your opinion, you’re confident they can do a good job, they have a track record of doing so. They may be Tory, Labour, Lib Dems it depends on future election results

     

     

    If you vote yes, on the other hand, you think that the good people elected to a Scottish parliament in future will be able to run this country in the best way possible, your confident they can do a good job, there isn’t much of a track record by comparison, but you probably think we have the talent in Scotland to make a fist of it. These people may be SNP, Tory, Labur, Lib Dems, Socialist, Green or maybe even something new, it depends on the results of future elections.

     

     

    The future is up for grabs, don’t think a Yes vote is a vote for the SNP.

     

     

    I also think there is a huge red herring in the debate which measures success purely through the measure of how much wealth the result means to each individual.

     

     

    I also think that if one rAngers fan leaves for England because of independance then the decision was the right one. :)

     

     

    HH

     

    ————————————————————

     

    Don’t disagree GM. My (non-political) point was that a fear of the unknown is not irrational – it is perfectly rational.

     

     

    I would agree with you that, come the vote, either way, no-one can know for sure what the future will hold. Many people’s perception (rightly or wrongly) is that they do know what they’re getting currently.

  3. Hamiltontim is praying for Oscar

     

     

    14:38 on

     

     

    As I said in my post mate, if we vote for Indy I think the SNP will the next election comfortably. I also believe it could take up to 10 years for a credible Scottish Labour party to emerge

     

     

     

    Eddieinkirkmichael……

     

     

    I think it might take up to 110 years for a credible Scottish politician to emerge from any party.

     

     

    They are all Westminster wannabees deep down,but leech a living from the smaller pond.

     

     

    Hide behind the sofa if any of them come on UK news.

  4. Bhoys just a wee mention to paddy bhoy (Pat McG) for the golf stuff after meeting him in the lounges on Saturday.

     

    Got my beanie and my golf shirt with my moniker on both. For those who are into casual wear and the golf these are fantastic and can highly recommend them. For those of you who are friends on FB you can have a look at them on my page.

     

     

    Kikinthenakas

  5. Moonbeams – sorry to hear that. I held a similar view but didn’t want to let it go when he challenged the Celtic support to meet him. Nevin in the 80s used to write for NME and would frequently put the boot into Rangers for their sectarian singing policy. Accordingly at the time he was held on high regard by our support.

     

     

    Also BRTH has some news in this feature which will have some people at the national broadcaster feeling a little bit ill at ease as a result.

     

     

    He who laughs last…

  6. 67Heaven ... I am Neil Lennon, supporting WEE OSCAR..!!.. Ibrox belongs to the creditors on

    Gonnae stope awe the political shoite……

  7. Try this one….@BBCAlLamont Did you know Law Financial’s reg. address is the same as Charles Green’s registered address and Sevco5088’s previous address

     

    CW new company

  8. BB can’t see that on the LSE site, but noticed this interesting last post on the Discussion Board –

     

     

    “Perhaps a bit of jockeying for position ahead of the Rangers v HMRC Upper Tier Tax Tribunal hearing starting on 24 Feb 2014. Interesting times ahead.”

     

     

    Hope this is the REWAL date and not this guy’s speculation.

  9. Eddie….

     

     

    Will rephrase that….

     

     

    Credibile and politician should never be used in the same sentence.

     

     

    Feckin self serving parasites.Every last one of them.

     

     

    They create Nothing…..Certainly not wealth or employment anyway.

  10. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS .........FC not PLC on

    BADA BING

     

     

    Mibbe not so much a bum steer as a wee premonition.

     

     

    Coupla days early….

  11. NatKnow – Supporting Wee Oscar

     

    15:42 on

     

    4 February, 2014

     

    greenmaestro

     

     

    15:29 on 4 February, 2014

     

     

    NatKnow – Supporting Wee Oscar

     

    15:02 on

     

    4 February, 2014

     

    Kilbowie Kelt will vote YES

     

     

    14:34 on 4 February, 2014

     

     

    Bawsman

     

     

    12:11 on 4 February, 2014

     

     

    I would agree with you that, come the vote, either way, no-one can know for sure what the future will hold. Many people’s perception (rightly or wrongly) is that they do know what they’re getting currently.

     

    __

     

     

    I think we all agree these points.

     

     

    HH

  12. LiviBhoy - God bless wee Oscar on

    EmeraldBee\o/ proud to be an internet bampot

     

     

    It is quite possible they have been suspended but it hasn’t be announced yet. Only someone trying to buy or sell could confirm.

     

     

    LB

  13. NatKnow - Supporting Wee Oscar on

    greenmaestro

     

     

     

    15:56 on 4 February, 2014

     

     

     

    NatKnow – Supporting Wee Oscar

     

    15:42 on

     

    4 February, 2014

     

    greenmaestro

     

     

    15:29 on 4 February, 2014

     

     

    NatKnow – Supporting Wee Oscar

     

    15:02 on

     

    4 February, 2014

     

    Kilbowie Kelt will vote YES

     

     

    14:34 on 4 February, 2014

     

     

    Bawsman

     

     

    12:11 on 4 February, 2014

     

     

    I would agree with you that, come the vote, either way, no-one can know for sure what the future will hold. Many people’s perception (rightly or wrongly) is that they do know what they’re getting currently.

     

    __

     

     

    I think we all agree these points.

     

     

    HH

     

    —————————————-

     

    I agree! :-))

  14. Bournesouprecipe

     

     

    I thought it was the late Barbara Castle.

     

     

     

    Jimbo67 supporting Oscar Knox

  15. BOBBY MURDOCH'S CURLED-UP WINKLEPICKERS .........FC not PLC on

    JIMBO67

     

     

    Looks more like Endora from Bewitched!

     

     

    Her daughter was magic though. In every way.

  16. traditionalist88-no i didn’t mate,lesson learned

     

    Philbhoy-think it’s a bum steer,ice cream back in the freezer ….

  17. ItaliaBhoy

     

    13:33 on

     

    4 February, 2014

     

    Those backing Yes have been sold a pup.

     

     

    Mark Carney’s speech the other day confirmed that the plan to keep sterling would only take place on UK govt’s terms. So no fiscal independence, no deficit spending on mad welfare projects, no undercutting UK firms on corporation tax.

     

     

    No brave new Scotia in other words.

     

     

    And of course, membership of the EU will require us to join the Euro anyway (and Baroso and others have confirmed we will be treated as new members). Even if the Spanish and all the rest agree to let us in, it will, once again be on their terms. Which means the Euro.

     

     

    Therefore our fiscal and monetary policies will be set not in Edinburgh, or London, but in Berlin…

     

     

    I see ICAS this morning have cast severe doubt on the ability to maintain pensions at current level. Combined with uncertainty over currency, I’d say you’d either have to be very poor, with nothing to lose, or very rich to risk a Yes vote.

     

     

    oh hear why diz it no suprise me unionist elites are peddlin their fearti patter!

     

     

    stereotypical nonsense coming out of No camp

     

     

    I put it to you my frind in Celtic that the currency pash will be sorted after the Yes vote or maybe even before,my rationale for this is

     

    a)Currency uncertainty,it will also affect RemainderUK and i think London will strive ease this uncertainty,tho as you exhibit it wont stop them using it as a kackbag grenade against those who want scottish independence.

     

    b)Europe.again the drive will be to sort this out as quick as possible as those who fire capital bout the world at the hit of a return key know there are problems ahead-ie uncertainty-referendum etc,right wing pressure,little englander thinking,disparities with rich and poor.So in essence whether we vote yes, no,there is currency uncertainty ahead whether in UK or out.

     

     

    I like TBB’s point bout democracy I want my decision makers as near to me as possible so i can actively pursue them for being active in democracy.

     

     

    and anyway us scots are good at sayin haud oan I will make my own mind up

     

     

    HH

  18. Steinreignedsupreme on

    sixtaeseven – Gardez la Foi, DAM 5 ! 12:50 on 4 February, 2014

     

     

    “If Ipox is in such a bad state of repair, why have the SFA ordered two cup semi finals to be played there?

     

    “Spectator safety must surely come before any CO-inspired helping hand.”

     

     

    Who can explain any decisions from the SFA?

     

     

    That Ibroke is in serious need of maintenance is not in doubt. Part of the roof fell in during one of their games a few weeks ago, and some Zombies were moved for safety reasons.

     

     

    That Willie Vass guy had pictures on his website.

  19. traditionalist88 on

    !!Bada Bing!!

     

     

    No problemo I will continue to hit f5 on it just in case;)

     

     

    Maybe that was from when the oldco went belly up – its happening so much I don’t know which version of them we’re on now;)

     

     

    Seriously though old STV articles have had a habit of popping up again on newsnow recently for example. Not sure why but could be an explanation.

     

     

    HH

  20. The Battered Bunnet on

    There’s news: Stuff that’s happened.

     

     

    There’s opinion: A view on what’s happened

     

     

    There’s argument: Evidenced analysis of why it happened

     

     

    There’s speculation: Discussion on what might happen as a consequence

     

     

    There’s rumour: Unfounded talk, often wishful, ungrounded in facts

     

     

    There’s made up p#sh: Stuff so exciting at face value that the rush to tweet/blog the news overcomes the natural instinct to check it out first.

     

     

    Take a bow Bada. You’re today yesterday’s Phil Mac blooper :¬)

  21. BMCUWP

     

     

    Agnes Moorehead played Endora in the Bewitched I remember.

     

     

    UselessfactsCSC

     

     

     

    Jimbo67 supporting Oscar Knox

  22. My last blog on Independence today.

     

     

    Forget about all the pro and cons on economics etc, etc.

     

     

    If you can look at a Union Flag and say that’s for me, vote with your unionist brothers.

     

     

    However if you look a the Saltire and

     

    you say that’s for me, then you must vote for Independence

  23. The Battered Bunnet on

    Bada

     

     

    And you’re well enough trained to extinguish the burning underwear :¬)

  24. traditionalist88 on

    Billy Bhoy 05

     

     

    That the nationalist equivalent of the Unionist dirty tricks campaign?! ;)

     

     

    I suppose all is fair and all that…

     

     

    HH

  25. bournesouprecipe

     

    16:12 on

     

    4 February, 2014

     

    Tesco Rutherglen have sushi on special offer, it’s a raw deal.

     

    ————

     

    That seems to be out of plaice there.

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