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Kop a load of this rubbish

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King Binny

Part of the Furniture
Honorary Member
LIVERPOOL'S wage bill has soared to £120million, despite the club's on-field slump.

The staggering figures have forced the club's new owners into a root and branch review of every level of the club.

New England Sports Ventures are assessing what has gone so catastrophically wrong both on and off the park in the past 18 months.

The astonishing salary hike - a £20m increase on 2008/09 - will be published in the next set of Anfield accounts and relate to Rafa Benitez's last year in charge.

The figures place Liverpool fourth-highest in the Premier League behind Chelsea (£142m), Manchester City (£133.3m) and Manchester United (£131.7m).


Although Liverpool's transfer spending has been curbed in the past 18 months, they invested heavily on existing contracts last season. Fernando Torres, Steven Gerrard, Yossi Benayoun, Dirk Kuyt and Daniel Agger were among those who received pay hikes, as well as a number of fringe and reserve players.

Benitez and his backroom team were also given new deals before overseeing their difficult final campaign.

Liverpool had to pay off and replace as many as 25 coaching and technical youth and Academy staff Benitez sacked in 2009, as well as compensating those from the Spanish regime who left last summer.


NESV see the financial anomaly between Liverpool's salaries and league position as the root of the club's decline.

They are in no doubt the mismanagement of the former hierarchy and recruitment policy of the ex-boss has left a legacy of serious economic imbalance. They say Benitez was given too much power under the terms of his last deal, and blame the chaotic structure under Tom Hicks and George Gillett which allowed him such a free rein.

Although outgoing owners Hicks and Gillett were chastised for their failure to invest, NESV believe the resources available were not maximised and they delegated too much power.

They have uncovered a culture of wastefulness and excess in the club's recruitment policy which will take time to redress.

Although there have been notable transfer successes in recent years such as Pepe Reina and Torres, NESV's over-riding perception is the club is overloaded with well-paid players who don't contribute.

The Anfield scouting system has particularly intrigued NESV during the course of the due diligence. It's not simply the transfer fees, but the massive hidden costs involved in buying players, such as signing-on fees, wages and agents' fees, which were out of control during the Benitez era.

Numerous 'free' transfers still sucked millions out of the club.
The list of costly flops includes Philip Degen, Andriy Voronin, Andrea Dossena, Alberto Aquilani, Albert Riera, Charles Itandje, Emiliano Insua, Jermaine Pennant and Ryan Babel.

Because these players were given such lavish contracts, it's proven difficult to offload them and in some cases they are still on loan. Itandje hasn't played for two and a half years but is still at the club.

The club was also clogged up with dozens of foreign teenagers who were recruited at a cost of around £10m.

Clearing the squad of the debris left behind will be a top priority in January, but the owners recognise an urgent need to enhance its quality.
 
Seeing as we're a top 4 side (or supposed to be), I don't see much wrong with having the fourth highest wage bill in the league.
Obviously it would make sense to take a look at and fix the obvious problems from the past, but I hope this doesn't mean we start skimping on wage bills for top players that might be interested in joining us.
 
Every day another thread slagging or praising Rafa and the club pre-Roy.

He is the problem, he isnt the problem, he spent well, he spent badly, he saved the club, he ruined the club, he's a hero, he's a charlatan....

Who cares. Its over, he's gone, he left trophies and issues in equal measures.

We have new owners and a different(ish) manager.

Can we let the past go now?
 
[quote author=juniormember link=topic=42502.msg1208567#msg1208567 date=1288513991]
Seeing as we're a top 4 side (or supposed to be), I don't see much wrong with having the fourth highest wage bill in the league.
Obviously it would make sense to take a look at and fix the obvious problems from the past, but I hope this doesn't mean we start skimping on wage bills for top players that might be interested in joining us.
[/quote]
Spot on.
 
[quote author=KHL link=topic=42502.msg1208580#msg1208580 date=1288516306]
[quote author=juniormember link=topic=42502.msg1208567#msg1208567 date=1288513991]
Seeing as we're a top 4 side (or supposed to be), I don't see much wrong with having the fourth highest wage bill in the league.
Obviously it would make sense to take a look at and fix the obvious problems from the past, but I hope this doesn't mean we start skimping on wage bills for top players that might be interested in joining us.
[/quote]
Spot on.
[/quote]

Yep. Cutting waste out of our system is necessary but won't obviate the need to spend big at the appropriate time.
 
I really don't see the problem with the wage bill. What you spend reflects your league position!

Us finishing 7th and being in the bottom 3 us an anomoly. We're a top 4 club, we just need to do the job and get back up the table.
 
I do have a problem with the wage bill seeing as it's gone up and up and we've gone down and down in recent years.
 
I think Rosco has argued that there is a direct correlation between wage bill and league position.
Clearly all we have to do is increase our wage bill to more than Chelsea's and number nineteen will be in the bag.
 
Didn't we finish second in the 07/08 Season btw?

This piece just seems like another dig at Liverpool FC, former managers etc. It's Bollocks.
 
[quote author=the count link=topic=42502.msg1208636#msg1208636 date=1288523949]
I think Rosco has argued that there is a direct correlation between wage bill and league position.
Clearly all we have to do is increase our wage bill to more than Chelsea's and number nineteen will be in the bag.
[/quote]

Yep, there is definitely a direct correlation. Check out page 12 and 13 in this pdf:

http://www.playthegame.org/uploads/media/Stefan_Szymanski-The_Reassuring_stability_of_Football_Capitalism.pdf

Read all of it, it's pretty interesting.

Doesn't mean that you should sign shit players and give them massive wages though.
 
I don't see what's so controverisal about this article.

It's blindingly obvious and has been for a couple of years now.
 
Squiggles, what are you on about? Gone down and down in recent years? That's bollocks. We only finished outside top 4 twice in the last 6 seasons or so and consistently made the knock out stages of the CL.

While there are more than a few players at the club that we deem not good enough, let's not lose sight of the great European nights that we've enjoyed.
 
[quote author=Rosco link=topic=42502.msg1208677#msg1208677 date=1288530013]
I don't see what's so controverisal about this article.

It's blindingly obvious and has been for a couple of years now.

[/quote]

Can't disagree with that, and nor should anyone else.

regards
 
Glen Johnson, who made his Chelsea debut against Liverpool at Anfield in 2003, has still to prove that the £80,000-a-week wages he arrived on are remotely good value. Liverpool's £120m wage bill is something else which will have had Henry shaking his head. Cole, the £90,000-a-week man who is 29 on Monday, will miss tomorrow's game with a hamstring injury.
 
This is all true, but I don't think I was the only one who was pleased and excited when we signed Glen Johnson and Joe Cole, for example. For three or four years we all slagged off Rafa because we kept buying too many average, cheapish players instead of splashing out on proven quality.

Johnson and Cole, however much they be underperforming now, were and are proven quality. They knew the league, they knew the culture, they were - on paper - good signings. I think now it's up to the management to get the most out of them.
 
We had to pay Cole a premium in wages as he was on a free.
I think they are both in the right area, that is the market.
I think it's older players on long term contracts who are not going to have big wages matched by any potential suitors .
Dirk is 31 next year, I tsuspect he is on a long contract and whopping money.
regards
 
Liverpool’s French-born reserve goalkeeper Charles Itandje has been given Fifa permission to switch his international allegiance to Cameroon, world soccer’s governing body confirmed on Tuesday.

Itandje, 28, a former French under-21 international but of Cameroonian descent and because of his dual nationality has been allowed to switch his international status.

He has been called up to a three-day training camp in France this week by new Cameroon coach Javier Clemente, despite not playing a league game for Liverpool since signing at Anfield more than three years ago.

Does he even turn up for training? Are Cameroon that short of goalies? :-[
 
Nothing to do with wage bill but something related in terms of money and revenue:

LIVERPOOL have banked a £6million bonus for being the Premier League's most televised club.

The Merseysiders' trip to Tottenham is their 17th live fixture since August
, of which ten have been League fixtures.

A further six televised Premier League games have been scheduled before the end of January, in addition to more European ties.

That has earned the club an estimated £425,000 per league game.

With Liverpool missing out an estimated £12m due to their absence from the Champions League, the extra revenue is welcome boost to the coffers.

Roy Hodgson's men have played only twice all season at the traditional 3pm on a Saturday, primarily due to their Europa League commitments.
 
[quote author=Binny link=topic=42502.msg1219383#msg1219383 date=1289924878]
Liverpool’s French-born reserve goalkeeper Charles Itandje has been given Fifa permission to switch his international allegiance to Cameroon, world soccer’s governing body confirmed on Tuesday.

Itandje, 28, a former French under-21 international but of Cameroonian descent and because of his dual nationality has been allowed to switch his international status.

He has been called up to a three-day training camp in France this week by new Cameroon coach Javier Clemente, despite not playing a league game for Liverpool since signing at Anfield more than three years ago.

Does he even turn up for training? Are Cameroon that short of goalies? :-[
[/quote]


How much did we pay for him?
 
[quote author=Avmenon link=topic=42502.msg1224633#msg1224633 date=1290929474]
[quote author=Binny link=topic=42502.msg1219383#msg1219383 date=1289924878]
Liverpool’s French-born reserve goalkeeper Charles Itandje has been given Fifa permission to switch his international allegiance to Cameroon, world soccer’s governing body confirmed on Tuesday.

Itandje, 28, a former French under-21 international but of Cameroonian descent and because of his dual nationality has been allowed to switch his international status.

He has been called up to a three-day training camp in France this week by new Cameroon coach Javier Clemente, despite not playing a league game for Liverpool since signing at Anfield more than three years ago.

Does he even turn up for training? Are Cameroon that short of goalies? :-[
[/quote]


How much did we pay for him?
[/quote]

Don't think actual figure was announced. But saw this on wiki:

On 30 June 2010, Itandje returned to Liverpool. His current contract with Liverpool expires in 2011. He is now fifth in the goalkeeping order, behind Pepe Reina and Brad Jones from first team, and reserves' goalkeepers Peter Gulacsi (currently on loan) and Martin Hansen. Itandje does not even appear on Liverpool's official squad picture[1]. It has recently been speculated that Itandje simply stopped showing up to training sessions and either no one noticed, or no one cared. He is currently missing in action.
 
[quote author=Herr Onceared link=topic=42502.msg1208574#msg1208574 date=1288515421]
Every day another thread slagging or praising Rafa and the club pre-Roy.

He is the problem, he isnt the problem, he spent well, he spent badly, he saved the club, he ruined the club, he's a hero, he's a charlatan....

Who cares. Its over, he's gone, he left trophies and issues in equal measures.

We have new owners and a different(ish) manager.

Can we let the past go now
[/quote]

The Rafa stuff has become tiresome but the fact that our wage spending is increasing season on season is not a thing of the past, its current and its very relevant to our future survival.

I would have been more surprised if NESV werent looking to reform our wage structure to be honest, Johnson and Cole pulling in 10 million a year between them. A 32 year old defender like Carra who wont be in the first team much longer getting a contract to keep him until hes 35. There are some players being paid way above market value
 
The 29-year-old England international has struggled at Anfield and is wanted on loan for the rest of the season by his former club West Ham. Hamburg and Genoa are interested in Jovanovic, while Babel turned down moves last summer to Birmingham, Tottenham and West Ham because they could not match his £70,000-a-week wage.

Cole's friend, Glen Johnson, would also like to leave after falling out with Hodgson but he is struggling to find another club prepared to offer the £120,000 a week he is paid.

It leaves Liverpool in a difficult position to reshape the squad and owners NESV are furious that previous managing- director, Christian Purslow, awarded several long-term contracts in the dying embers of the Tom Hicks-George Gillett regime.

Cole was given a four-year contract worth £90,000 a week last summer while 29-year-old Jovanovic arrived on a three-year deal at £60,000 a week.

If neither goes, it adds up to a staggering financial commitment of £27million
.
 
If NESV are that hacked off with Purslow, how come they've asked him to stay on the board? And if this article gets that wrong, how much of the rest is reliable?
 
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