Unless they are suckered into accepting a couple of makeweights in part payment, it seems certain that West Ham will be pocketing £90M+ for Declan Rice this summer. I think most Hammers fans have been resigned to him leaving for quite a while, but the fear is that the club will end up blowing the money on one or more replacements who won't make the grade. My memory tends to suggest that clubs in receipt of a huge transfer fee rarely use it wisely (Spurs squandering the Gareth Bale millions is a prime example) but there must be cases where it worked out and possibly for the better. Any other examples of good or bad post-windfall transfer dealings?
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Making the most of a windfall
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- Jul 2016
- 9390
- Dublin
- Bohemian FC Manchester United Mansfield town Torino Berwick rangers
- Chocolate Digestives
Bohemians spent the £1.4 million we got from the Matt Doherty transfer to get our new training facilities up and running a couple of years earlier than planned. Any money we're likely to get from a future Evan Ferguson transfer would dwarf that, and I hope it would be used wisely.
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Originally posted by elguapo4 View PostBohemians spent the £1.4 million we got from the Matt Doherty transfer to get our new training facilities up and running a couple of years earlier than planned. Any money we're likely to get from a future Evan Ferguson transfer would dwarf that, and I hope it would be used wisely.
The alternative, which too many clubs go for is to piss it all away on short term signings, which permanently ram up the wage bill and leave you hopelessly over extended when the money runs out. A lot of it can also go missing to insiders through pay rises and mysterious agents fees and consultancy payments
On an entirely unrelated topic, the way that west ham dealt with the rio ferdinand money is a textbook case of what not to do. They took all that money and spent it on 6 mid priced gambles, none of whom worked out, and were all paid more than rio ferdinand. It drove the club into serious financial trouble.
if you already have the training ground, etc is do what liverpool did with the coutinho money, which is not to rush out and piss away the money on a direct replacement, lest fans start to worry that the clubs Penis had become smaller, but Instead carry on with their preexisting transfer plans, but accelerate a few of those signings.
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When Oxford United sold Dean Windass to Bradford City for the best part of a million in 1999 they immediately blew half the money on... Dean Windass, as they hadn't had any cash to pay Aberdeen for him in the first place.
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Originally posted by ursus arctos View PostThough they are dealing with much smaller amounts that I wouldn't call "windfalls".
McAllister may challenge that paradigm.
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I was impressed with Manchester United between 2004-2007 where they were playing second fiddle for a spell to Chelsea there, but in that time between selling Beckham and Veron up to van Nistelrooy they then brought Rooney, Ronaldo and Tevez into the squad and went from there.
It could have easily gone the other way, but fair fucks to Ferguson, it was quite the last hurrah.
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Originally posted by elguapo4 View PostBohemians spent the £1.4 million we got from the Matt Doherty transfer to get our new training facilities up and running a couple of years earlier than planned. Any money we're likely to get from a future Evan Ferguson transfer would dwarf that, and I hope it would be used wisely.
We have a training pitch which isn't big enough and not usable for large parts of the year, and seem to have our eye on taking over a former school facility nearby with an estimate of it costing half a million to turn it into the acceptable standard. And that's before we even do anything on the ground itself. But the pressure will come from the fans to pour the money into the playing squad, either to stay in the third division if all goes well at the weekend, or to have another go at getting there if it doesn't.
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