31-12-2020, 02:59 PM
(31-12-2020, 02:42 PM)Username Wrote:(31-12-2020, 01:21 PM)Sniffer Dog Wrote:(31-12-2020, 12:58 PM)Username Wrote:(31-12-2020, 11:45 AM)Sabricadabra Wrote: I don’t understand the obsession with the club finances. Money is important but all clubs spend it by the many millions every year.
Nottingham Forest is a medium sized club with medium sized finances. There is nothing outlandish about how much the club spends. NFFC wage bill is 12th or 13th in the league.
Since these owners took charge NFFC has stayed within FFP regulations. Remember what a total car crash the finances were under Fawaz when Davies was manager when the club wildly overspent and was sanctioned with a transfer embargo.
NFFC are very frugal and financially savvy compared to those days, and budget much better than most other clubs of our size - Derby, Sheff Wed, Bristol City etc.
We only stay within budget by selling high value youth players, how long can that be guaranteed for?
That is one reason but not the only reason. I personally think it's a bit of a myth.
Matty Cash is 23 how long do you stay a youth player for? Once Cash reached a certain standard there was absolutely no way on earth that we could keep him at Forest. Once PL clubs came knocking he was on his way and we could do absolutely nothing about it except to get the best pounds possible for him which we did.
Marinakis sold Appiah who has since done bugger all in Spain.
So is it really true that Marinakis sells our high value youth players?
Doughty sold Reid, Dawson, Jenas etc.
Fawaz sold Burke and Lascelles.
It's nothing new. People used it as a stick to beat our current owners with but where is the evidence to back it up?
How can it be a myth? Have we not sold young talent for decent money to stay within FFP?
My definition of youth player was someone who has come from the system within the Club, I wasn't suggesting we keep Matty Cash and I'm not sure what they've done since they've left has anything to do with the point of the thread or my post.
So yes, it is true that Marinakis has had to sell high value youth players, year on year, to fund our profligacy and mismanagement.
I agree, its nothing new. Again that it is irrelevant. What we do know with Doughty that, in addition to selling young talent, he did pump substantial personal wealth into the Club that he (or ultimately his estate) never got back.
Can someone make a list of all these youth players that Marinakis has sold.
