Author Topic: Penny pinching  (Read 29130 times)

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zippyandbungle

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Penny pinching
« on: June 08, 2012, 10:37:17 PM »
I think this phrase is used more than most on this board?
There does seem to be a minority on here that are almost waiting for something/someone to not be successful so they can throw the phrase around, probably the same people that think that it's that easy to throw 7 million at player x because other teams have , maybe even the same people that don't realise that players cost a fee+wages+agent fee+sign on fee ?
I may be wrong but we appear to be very well run and financially sound which is great for when the new financial rules kick in.

There have been many dark days following my baggies but this really is a great time to be a Baggie .
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Re: Penny pinching
« Reply #1 on: June 08, 2012, 10:56:28 PM »
The voice of reason.  Good post.
 
Its not penny pinching but being sensible.
 
Alot of our fans have been clouded by us finishing 11th and 10th under Roy.
 
Its going to be testing but I very much doubt we'll finish that high again for a while.

Hope I'm wrong though obviously.

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Re: Penny pinching
« Reply #2 on: June 08, 2012, 11:03:16 PM »
Some will argue it's just that we need to spend slightly more, to do a little better. However, with all finances, there's a tipping point where any more spending increases the risk past a point where it's not financially feasible and it all becomes unsustainable. Where this magical optimal point is, however, is anyones guess. But, I don't think we're too far away from it to have any sort of significant difference upon us.
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Re: Penny pinching
« Reply #3 on: June 08, 2012, 11:13:40 PM »
I think the 'Penny Pinching' tag is ridiculous. Were simply a club that lives within our means, whilst the vast majority of other clubs are completely irresponsible and reckless with their spending.

I for one, and I think I speak for a lot of Albion fans grateful, at least on the financial side of things, grateful for how Peace goes about running the club. Whilst he is in charge, we will never be in danger unlike the majority who take the risks.
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Re: Penny pinching
« Reply #4 on: June 08, 2012, 11:16:05 PM »
Great thread, thoughtful posts. Good to see!

I run my own one man business and I have to "watch the pennies". Simply put, I don't play fast and loose with my family income. It would be insane.  JP does much the same with the club.

As I have said in other posts, thank god we have JP who is a businessman first and a fan second.  There is no way our beloved club will be in trouble while he is in charge!

(On second thoughts, maybe he is a fan first. Maybe he wants to see the club thrive and his way of doing it is to put us on the most even of keels.)  :)
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divinewind

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Re: Penny pinching
« Reply #5 on: June 08, 2012, 11:28:36 PM »
Tony Brown,Bryan Robson,Derek Statham,Jeff Astle,Cyrille Regis some of our greatest names cost nothing or next to it.

Luke Moore,Scott Carson,David Mills,Valero...

not difficult to spend money.

glosterbaggie

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Re: Penny pinching
« Reply #6 on: June 08, 2012, 11:30:37 PM »
Tony Brown,Bryan Robson,Derek Statham,Jeff Astle,Cyrille Regis some of our greatest names cost nothing or next to it.

Luke Moore,Scott Carson,David Mills,Valero...

not difficult to spend money.
Sometimes you make exellent sense lad! ;)
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boinging_along

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Re: Penny pinching
« Reply #7 on: June 08, 2012, 11:33:17 PM »
I think this phrase is used more than most on this board?
There does seem to be a minority on here that are almost waiting for something/someone to not be successful so they can throw the phrase around, probably the same people that think that it's that easy to throw 7 million at player x because other teams have , maybe even the same people that don't realise that players cost a fee+wages+agent fee+sign on fee ?
I may be wrong but we appear to be very well run and financially sound which is great for when the new financial rules kick in.

There have been many dark days following my baggies but this really is a great time to be a Baggie .

If we're that well run how come spending £7m on a player will allegedly make us do a Portsmouth?

glosterbaggie

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Re: Penny pinching
« Reply #8 on: June 08, 2012, 11:38:09 PM »
If we're that well run how come spending £7m on a player will allegedly make us do a Portsmouth?
Easy 7mil on transfer  1mill a year on wages.
3 year contract work it out bud!
And if injured whoo hoo!
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boinging_along

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Re: Penny pinching
« Reply #9 on: June 09, 2012, 12:02:53 AM »
Easy 7mil on transfer  1mill a year on wages.
3 year contract work it out bud!
And if injured whoo hoo!

So we're not that well run then if we're £10m away from going to the wall?

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Re: Penny pinching
« Reply #10 on: June 09, 2012, 01:14:52 AM »
So we're not that well run then if we're £10m away from going to the wall?
Spending £7 million on a player doesn't guarantee a team will finish higher in the league though. Look at Wolves!

Which centre half would you have rather signed last season? Gareth McAuley or Roger Johnson? The secret is signing players that will improve the team not signing players with a high price tag.

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Re: Penny pinching
« Reply #11 on: June 09, 2012, 05:35:36 AM »
So we're not that well run then if we're £10m away from going to the wall?
in that case we'll set up a meeting with Peace and tell him we can use you bank account to fuel the team. throw your own money away why don't you.

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Re: Penny pinching
« Reply #12 on: June 09, 2012, 05:49:45 AM »
Tony Brown,Bryan Robson,Derek Statham,Jeff Astle,Cyrille Regis some of our greatest names cost nothing or next to it.

Luke Moore,Scott Carson,David Mills,Valero...

not difficult to spend money.

The only way we're going to get players that good is to get them before they're famous -- i.e. for next to nothing.

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Re: Penny pinching
« Reply #13 on: June 09, 2012, 06:42:14 AM »
The only way we're going to get players that good is to get them before they're famous -- i.e. for next to nothing.

Very true!

Albion have and always will be, whether we like it or not, a stepping stone for managers and players alike to go onto 'so called bigger things'!

We have over the years had some real talent. The days of loyalty have long since gone. Once the evil Luca comes into the equation, which is so prevalent now, they go!

Just look back over 15yrs or so at the players who did well at the Albion then left for what, to win trophies or money? Goodman, Gera, Kamara, Robinson, Hunt to name just a few. Did anyone even know they existed until they performed well at the Albion? Who did they join? Wow real big guns Sunderland, Fulham, Bolton & Charlton. Now these always challenge for honours don't they?

Whatever happens this season who knows? What I do know and glad of it, is the club is run financially well, we have a great youth system and we don't spend millions on average players!

Its been said many times before that in the top domestic league there are only 3 trophies to win. Therefore at maximum there can only 3 clubs win something. Does that mean everyone else is a failure? Of course not.

The Albion will be successful to challenge in the cups, hover a round mid table with a occasional burst higher and have a healthy balance sheet!

We have never in our long history been a Arsenal, Man Utd, Liverpool, Spurs and now a Chelsea. One league championship comfirms what we are, a Great Family Club who occasionally come up with a special player or team, then after a couple of years sink back to 'our' place in the pecking order.

With so much football on TV & the chance to see players from all over the world, it does appear certain Albion supporters cannot accept what we are and 'moan' about our Chairman not throwing millions on players that no doubt their agent as said is 'great'!. We all want them to do well but when we do ITS BECAUSE WE PUNCH ABOVE OUR WEIGHT, its not through the club getting 'bigger'.
 
1920 champions 1927ish relegated. Won the cup 31 & promotion, lost final 35, then 20 years before we really challenged again. That great mid 50's team lasted about 4 years, we had to wait to the middle to late 60's to win & lose cups, get into europe and hover around 6th every year. Relegation once again! More years pass until on UNTRIED MANAGER!!!! Johnny Giles (RE Steve Clarke) appears and we have a great football team which is developed but we won nothing! That mid 70's team would wipe the floor with most teams and yet, as I said we won nothing! But look at the pleasure they gave us though!
I won't go on and on about what happened after the break up of that team but for us all it was 'the dark age'. A nightmare!  :'(

Be realistic and be true to our roots. We are the Albion and WE ARE UNIQUE!  :-*

buzzingbaggie

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Re: Penny pinching
« Reply #14 on: June 09, 2012, 07:30:28 AM »
JP for chancellor.



ian66

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Re: Penny pinching
« Reply #15 on: June 09, 2012, 07:42:04 AM »
Very true!

Albion have and always will be, whether we like it or not, a stepping stone for managers and players alike to go onto 'so called bigger things'!

We have over the years had some real talent. The days of loyalty have long since gone. Once the evil Luca comes into the equation, which is so prevalent now, they go!

Just look back over 15yrs or so at the players who did well at the Albion then left for what, to win trophies or money? Goodman, Gera, Kamara, Robinson, Hunt to name just a few. Did anyone even know they existed until they performed well at the Albion? Who did they join? Wow real big guns Sunderland, Fulham, Bolton & Charlton. Now these always challenge for honours don't they?

Whatever happens this season who knows? What I do know and glad of it, is the club is run financially well, we have a great youth system and we don't spend millions on average players!

Its been said many times before that in the top domestic league there are only 3 trophies to win. Therefore at maximum there can only 3 clubs win something. Does that mean everyone else is a failure? Of course not.

The Albion will be successful to challenge in the cups, hover a round mid table with a occasional burst higher and have a healthy balance sheet!

We have never in our long history been a Arsenal, Man Utd, Liverpool, Spurs and now a Chelsea. One league championship comfirms what we are, a Great Family Club who occasionally come up with a special player or team, then after a couple of years sink back to 'our' place in the pecking order.

With so much football on TV & the chance to see players from all over the world, it does appear certain Albion supporters cannot accept what we are and 'moan' about our Chairman not throwing millions on players that no doubt their agent as said is 'great'!. We all want them to do well but when we do ITS BECAUSE WE PUNCH ABOVE OUR WEIGHT, its not through the club getting 'bigger'.
 
1920 champions 1927ish relegated. Won the cup 31 & promotion, lost final 35, then 20 years before we really challenged again. That great mid 50's team lasted about 4 years, we had to wait to the middle to late 60's to win & lose cups, get into europe and hover around 6th every year. Relegation once again! More years pass until on UNTRIED MANAGER!!!! Johnny Giles (RE Steve Clarke) appears and we have a great football team which is developed but we won nothing! That mid 70's team would wipe the floor with most teams and yet, as I said we won nothing! But look at the pleasure they gave us though!
I won't go on and on about what happened after the break up of that team but for us all it was 'the dark age'. A nightmare!  :'(

Be realistic and be true to our roots. We are the Albion and WE ARE UNIQUE!  :-*
Couldn't agreee more...well written

zippyandbungle

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Re: Penny pinching
« Reply #16 on: June 09, 2012, 07:59:12 AM »
JP for chancellor.

A very good shout !
If youre going to get told off, get told off for doing something not for doing nothing..

ian66

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Re: Penny pinching
« Reply #17 on: June 09, 2012, 08:00:56 AM »
A very good shout !
Osborne for the Dingles!

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Re: Penny pinching
« Reply #18 on: June 09, 2012, 08:20:44 AM »
I generally like the way JP and the board run things but I do wonder if events like the dealings over Ridgewell's transfer from the blues are counter productive.
Got the impression we were assuming Blues would let him go for bargain fee - there seemed to be a stand off about paying an extra quarter or half million.
I think this has come back at us in dealings with Blues over Hughton and could cost us again with efforts to sign Foster. Just think the fee Blues were after for Ridgewell was pretty fair and we'd have been better off biting the bullet and paying it (which we eventually did).

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Re: Penny pinching
« Reply #19 on: June 09, 2012, 08:58:13 AM »
Without doubt JP has put us back on the footballing map,just take a look at the ground,academy and the level we have been at the last few seasons.It's not all been plain sailing and sometimes Ive screamed for him to spend on players normally around January! :),a word of warning though as Roy stated last season if we are to move up to the next step we need more investment in better players...I'm not talking mega millions but a good sensible investment in 3 or 4 players.I hope Clarke will be supported this way,over to you JP/DA.
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Re: Penny pinching
« Reply #20 on: June 09, 2012, 09:08:09 AM »
a word of warning though as Roy stated last season if we are to move up to the next step we need more investment in better players...I'm not talking mega millions but a good sensible investment in 3 or 4 players.

Ultimately, you always have to improve your squad by at least the same as others are improving their's, otherwise you'll start to fall back. It isn't just a question of how much you spend as bargains can be head, although whether you can rely on finding bargains year-in, year-out that others don't find remains to be seen. I do believe that, on occasions, we've missed out on good things because of not being willing to spend an extra £250k here or an extra £500k there during Peace's tenure and that can be construed as penny-pinching in football terms.

I do fear that, if you're always planning for relegation, that's what you'll probably get sooner or later. You have to wonder if where we are now is the pinnacle of where Peace can take us, given his approach and means.
« Last Edit: June 09, 2012, 09:11:41 AM by WorcsWBA »

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Re: Penny pinching
« Reply #21 on: June 09, 2012, 09:09:18 AM »
The voice of reason.  Good post.
 
Its not penny pinching but being sensible.
 
Alot of our fans have been clouded by us finishing 11th and 10th under Roy.
 
Its going to be testing but I very much doubt we'll finish that high again for a while.

Hope I'm wrong though obviously.

The problem is with Roy getting us to these heights the last two years some of our fans will expect us to meet it if not better it, its happened at stoke i have noticed once a club gets to the highest possible place, the only way is down, the fans get delusional expectations of the team.

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Re: Penny pinching
« Reply #22 on: June 09, 2012, 10:23:32 AM »
The problem is with Roy getting us to these heights the last two years some of our fans will expect us to meet it if not better it, its happened at stoke i have noticed once a club gets to the highest possible place, the only way is down, the fans get delusional expectations of the team.
I think you are spot on with that Bob.
We have overachived if anything.
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divinewind

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Re: Penny pinching
« Reply #23 on: June 09, 2012, 10:33:06 AM »
I like many others used to think JP was holding us back.Now he has won me over and i actually think he is the best chairman we have ever had.Would anyone else care to name a better Albion chairman who has achieved so much in so short a time?
We have gone from being the joke of The Wolf radio station,to the Midlands No1 club,with a healthy bank account,a good playing squad,managers of the calibre of RDM,Hodgson and Clarke,a good scouting system and blossoming academy which is paying dividends already.

Perhaps if we had thrown money at it like Jack hawyward did down the road we would be better off?  ;)

The time for us to worry,is not if certain players or coaches leave,we can and have replaced them all,but when we get an owner like the Glazers,Lerner,Madaric or some anonymous Chines businessmen.

Count your blessings this club is being run by an Albion fan.


Even if he does get my back up every now and then.  :D

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Re: Penny pinching
« Reply #24 on: June 09, 2012, 10:48:29 AM »
I like many others used to think JP was holding us back.Now he has won me over and i actually think he is the best chairman we have ever had.Would anyone else care to name a better Albion chairman who has achieved so much in so short a time?
We have gone from being the joke of The Wolf radio station,to the Midlands No1 club,with a healthy bank account,a good playing squad,managers of the calibre of RDM,Hodgson and Clarke,a good scouting system and blossoming academy which is paying dividends already.

Perhaps if we had thrown money at it like Jack hawyward did down the road we would be better off?  ;)

The time for us to worry,is not if certain players or coaches leave,we can and have replaced them all,but when we get an owner like the Glazers,Lerner,Madaric or some anonymous Chines businessmen.

Count your blessings this club is being run by an Albion fan.


Even if he does get my back up every now and then.  :D

I'd have to say best in the league, no other club is run so well with such little capital to start with. Can anybody name a club that has no debt (or is not being bankrolled by a rich chairman) that is better off in terms of league standing, facilities and playing squad.

It can be annoying that we don't go and splash the cash as fans, over the years I have never really seen the benefit until last season. It was pretty hard to ignore the dingles bleeting on about the £7 million pound signing of roger johnson, and us signing Gareth Mcauley on a free... but look how that turned out.

This year will be the same, we wont sign Foster, people will kick off and moan (including me) and we'll probably go and find a keeper on the cheap from somewhere who does the job almost as well. Meanwhile having money to spend on other areas of the squad or stadium expansion.