Thanks for such a comprehensive write up @Henry Irving, very generous and collaborative spirit on display there 😉. If you could pin things on here as you can on Twitter profiles, I'd suggest it should be this comment from CM:
"The EFL provide us with all the other teams budgets in October so we'll know for sure than but based on previous figures we're 4th in first team budget and 5th in wages."
Still curious what the definition of ‘budget’ is in this context.
Their forecast for the coming season on some key metrics or actual /management accounts for last season or something else?
Also not sure why it’s shared or how it is used.
Interesting regardless.
I know something about this. I've mentioned this before so apologies to others who've read it before!
A few years back when I was on the Trust board I went to interview Erik Samuelson, the AFCW fan who was a finance bod and then CEO. He told me about it. The EFL clubs had agreed to share it, but only by division. He explained that it was very useful to set his own player wage budget. It helped them set a budget that would be 4th lowest in the division (then L1) and gave the manager a big incentive to finish 5th bottom. He turned his laptop screen towards me for a nano-second, just eneough for me to see it existed.
But that was I think 8 years ago, and I couldn't remember more details of how it was done, and now CM has filled in the gaps. It is basically the operating budget they submit, and it sounds like their cost-line descriptions are agreed for consistency. The clubs are anonymised but CEO's can guess. Especially this year for club no.1.
Now obviously clubs have to set their budgets for the coming season before this comes out so they use the previous season's data, making their own guesses about the changes based on who was promoted/relegated, and any other info such as new splashy ownership (or new distress, e.g.Reading).
I think it's an excellent idea myself.
Thank you.
So to be clear each club shares its actual from last season on some pre defined categories / basis of calculation?
I think it's the budget for the current season that is shared in October
So you are saying it’s their forecast spend for the current season?
Yes, the budget. Similar to whát nearly all businesses produce.
Got it. So we learn after the event (October) how our budget/forecast compares to other teams.
And the reason CM says we are 4th (?) biggest spenders is because we assume this year will be similar to last year ?
But I guess at some point a team will spend more or less than previously.
Watch the video and he's just stood next to Tracey Leaburn clapping the players off until A Mitchell and Aneke come by and give him a hug, it's really not a big deal and I'd much rather our players know the higher ups than have no idea who they are.
Players do not need to know the directors imo, they are of no importance to a player.
Yeah because it's a well known fact that clubs where Directors / Owners / Senior management have no connections to the playing staff whatsoever, are that much more successful
Let's give it two years and continue this conversation.
I do take your point as an aside.
Lol, okay
Gribb's scared of the mighty Elf. 🤣
Why scared mate?
Joking mate Elfs is tiny. Private joke between him and me.
Thanks for such a comprehensive write up @Henry Irving, very generous and collaborative spirit on display there 😉. If you could pin things on here as you can on Twitter profiles, I'd suggest it should be this comment from CM:
"The EFL provide us with all the other teams budgets in October so we'll know for sure than but based on previous figures we're 4th in first team budget and 5th in wages."
Still curious what the definition of ‘budget’ is in this context.
Their forecast for the coming season on some key metrics or actual /management accounts for last season or something else?
Also not sure why it’s shared or how it is used.
Interesting regardless.
I know something about this. I've mentioned this before so apologies to others who've read it before!
A few years back when I was on the Trust board I went to interview Erik Samuelson, the AFCW fan who was a finance bod and then CEO. He told me about it. The EFL clubs had agreed to share it, but only by division. He explained that it was very useful to set his own player wage budget. It helped them set a budget that would be 4th lowest in the division (then L1) and gave the manager a big incentive to finish 5th bottom. He turned his laptop screen towards me for a nano-second, just eneough for me to see it existed.
But that was I think 8 years ago, and I couldn't remember more details of how it was done, and now CM has filled in the gaps. It is basically the operating budget they submit, and it sounds like their cost-line descriptions are agreed for consistency. The clubs are anonymised but CEO's can guess. Especially this year for club no.1.
Now obviously clubs have to set their budgets for the coming season before this comes out so they use the previous season's data, making their own guesses about the changes based on who was promoted/relegated, and any other info such as new splashy ownership (or new distress, e.g.Reading).
I think it's an excellent idea myself.
Thank you.
So to be clear each club shares its actual from last season on some pre defined categories / basis of calculation?
I think it's the budget for the current season that is shared in October
So you are saying it’s their forecast spend for the current season?
Yes, the budget. Similar to whát nearly all businesses produce.
Got it. So we learn after the event (October) how our budget/forecast compares to other teams.
And the reason CM says we are 4th (?) biggest spenders is because we assume this year will be similar to last year ?
But I guess at some point a team will spend more or less than previously.
He said they are estimating 4th biggest now but will know for sure in October when they get the official figures from the EFL.
Of course, if Liverpool sell Gomez our numbers might change and so might the budget at other clubs but for now it's an indication of where we are compared to other lge 1 clubs.
Watch the video and he's just stood next to Tracey Leaburn clapping the players off until A Mitchell and Aneke come by and give him a hug, it's really not a big deal and I'd much rather our players know the higher ups than have no idea who they are.
Players do not need to know the directors imo, they are of no importance to a player. ***Edit, wtf is he on the pitch? Good grief.
Watch the video and he's just stood next to Tracey Leaburn clapping the players off until A Mitchell and Aneke come by and give him a hug, it's really not a big deal and I'd much rather our players know the higher ups than have no idea who they are.
Players do not need to know the directors imo, they are of no importance to a player.
Yeah because it's a well known fact that clubs where Directors / Owners / Senior management have no connections to the playing staff whatsoever, are that much more successful
Let's give it two years and continue this conversation.
I do take your point as an aside.
Lol, okay
Gribb's scared of the mighty Elf. 🤣
Why scared mate?
Joking mate Elfs is tiny. Private joke between him and me.
Watch the video and he's just stood next to Tracey Leaburn clapping the players off until A Mitchell and Aneke come by and give him a hug, it's really not a big deal and I'd much rather our players know the higher ups than have no idea who they are.
Players do not need to know the directors imo, they are of no importance to a player.
Yeah because it's a well known fact that clubs where Directors / Owners / Senior management have no connections to the playing staff whatsoever, are that much more successful
Let's give it two years and continue this conversation.
I do take your point as an aside.
Lol, okay
Gribb's scared of the mighty Elf. 🤣
Why scared mate?
Joking mate Elfs is tiny. Private joke between him and me.
Watch the video and he's just stood next to Tracey Leaburn clapping the players off until A Mitchell and Aneke come by and give him a hug, it's really not a big deal and I'd much rather our players know the higher ups than have no idea who they are.
Players do not need to know the directors imo, they are of no importance to a player. ***Edit, wtf is he on the pitch? Good grief.
Tell that to the Wrexham lot...
And Birmingham. And Brighton. And just about any club that has any kind of success at Wembley (as we once did), when the owners etc. are all over the players as they got up to lift the cup (as our owners once did). List goes on
Knocking Methven and the others for getting involved with the celebrating when we win is ludicrous imo
I have no doubt Charlie has a real connection with us. Why not. Did we think Richard Murray was faking his delight in that famous photo with Kins lifting the trophy ? Was Sir Chris disingenuous in his passion for us just because he’s a spurs fan to Murray’s Wolves. One thing we can say about Methven and that he’s a football man. I’m chuffed he’s passion for us is on display.
I have no doubt Charlie has a real connection with us. Why not. Did we think Richard Murray was faking his delight in that famous photo with Kins lifting the trophy ? Was Sir Chris disingenuous in his passion for us just because he’s a spurs fan to Murray’s Wolves. One thing we can say about Methven and that he’s a football man. I’m chuffed he’s passion for us is on display.
Let's not forget, not that long ago, certain Charlton supporters were criticising CM for being at Wembley, wearing an Oxford shirt, as they won promotion to the Championship...
Seems like he's damned if he does, and damned if he doesn't...
He described himself two days earlier as not getting involved in any way on the football side, he was ‘just the budgets guy’
By that didnt he mean with regards to the football side of the business? Surely he didn't mean he wouldn't, under any circumstance, wait in the wings and celebrate with the "football" players etc. as they leave the pitch.
He described himself two days earlier as not getting involved in any way on the football side, he was ‘just the budgets guy’
I think he meant on major football decisions. He's got 'skin in the game' apparently. We can forgive him for a little jubilation can't we?
Or are we saying he should be confined to the office at all times?
When did we become so hard nosed? ;-)
I didn’t offer an opinion, I just asked to understand why someone loved it that he run on the pitch
Not answering for J Block, but the reason I liked it is because it obviously shows a bit of passion. Same as when tne US contingentwere over with their families the other week, jumping about and celebrating the goal. Each to their own, but I genuinely can't see what's not to like about it, and would personally be a lot more concerned if there was no involvement from the owners at all.
Agree think Methven should stay off the pitch but I liked fenaddicks post because I hadn't seen the video. (Not that you have remarked on people liking his post )
I think that CM will definitely get excited and pleased when we win, he has shares in the club and if we are successful and get promoted, especially if by some miracle we get into the Premier League, his shares will be worth a lot more. His heart may be with Oxford but his wallet is with us Not that I blame him
We're definitely a tough old crowd. Unless you're an ex player, returning to help take points off us, then you have to show them the utmost respect and possible even give them their own round of applause
😂 the bloke just can’t win with our fans ! Shows a bit of passion and gets slated ! If he sat motionless seemingly not caring then he is obviously an Oxford mole 😂 😂 😂
😂 the bloke just can’t win with our fans ! Shows a bit of passion and gets slated ! If he sat motionless seemingly not caring then he is obviously an Oxford mole 😂 😂 😂
Yes, but we need to remember it's only a few people that have said it.
He described himself two days earlier as not getting involved in any way on the football side, he was ‘just the budgets guy’
Shows passion, shows he cares, shows he has a relationship with the players. Refreshing to see at Charlton.
Slightly off topic, but I also absolutely loved the yanks celebrating when they were over. Having people involved who genuinely care about something we are all so passionate about, gives me a good feeling.
Agree think Methven should stay off the pitch but I liked fenaddicks post because I hadn't seen the video. (Not that you have remarked on people liking his post )
Can someone please verify that Charley Methven was actually ‘on’ the pitch…..I thought he was on the pitch surround, next to the tunnel?
Agree think Methven should stay off the pitch but I liked fenaddicks post because I hadn't seen the video. (Not that you have remarked on people liking his post )
Can someone please verify that Charley Methven was actually ‘on’ the pitch…..I thought he was on the pitch surround, next to the tunnel?
Comments
But I guess at some point a team will spend more or less than previously.
Elfs is tiny.
Private joke between him and me.
Of course, if Liverpool sell Gomez our numbers might change and so might the budget at other clubs but for now it's an indication of where we are compared to other lge 1 clubs.
And Brighton.
And just about any club that has any kind of success at Wembley (as we once did), when the owners etc. are all over the players as they got up to lift the cup (as our owners once did).
List goes on
Knocking Methven and the others for getting involved with the celebrating when we win is ludicrous imo
Seems like he's damned if he does, and damned if he doesn't...
None of us on here is involved in any way on the football side - just sayin'
Or are we saying he should be confined to the office at all times?
When did we become so hard nosed? ;-)
His heart may be with Oxford but his wallet is with us
Not that I blame him
you gotta fake it to make it