{"id":3134,"date":"2016-07-29T10:34:35","date_gmt":"2016-07-29T09:34:35","guid":{"rendered":"http:\/\/www.thehighertempopress.com\/?p=3134"},"modified":"2017-02-07T17:50:38","modified_gmt":"2017-02-07T17:50:38","slug":"fm16-foggia-dei-miracoli-sts-v3-0-rwb","status":"publish","type":"post","link":"https:\/\/www.thehighertempopress.com\/2016\/07\/fm16-foggia-dei-miracoli-sts-v3-0-rwb\/","title":{"rendered":"#FM16 : Foggia dei Miracoli VI : StS v3.0 RWB"},"content":{"rendered":"<p>No, not right wing back. \u00a0Real wage budget. \u00a0I need to bring players in for next season, but I don&#8217;t trust my board to set me a sensible wage budget. \u00a0What do I do?<!--more--><\/p>\n<p><strong>What we are going to cover in this post<\/strong><\/p>\n<ul>\n<li>How I work out my Real Wage Budget (RWB)<\/li>\n<li>How I take the RWB and combine it with my StS v3.0 method to make some actual signings<\/li>\n<li>What my squad looks like for Season Two<\/li>\n<li>What areas will need loan additions<\/li>\n<\/ul>\n<p><span style=\"text-decoration: underline;\"><strong>How I work out my Real Wage Budget (and why&#8230;..)<\/strong><\/span><\/p>\n<p>For me, the financial side of the game is huge. \u00a0It has really been kicked on by my spell as Commerical Director at Club Deportivo Torrevieja out here in Spain. \u00a0It used to kill me at Torrevieja, seeing the President spend wages on players that the club just didn&#8217;t have. \u00a0We would talk about a wage budget, and it would always end up way more than what we were bringing in through gate receipts. \u00a0It was crazy, and one of the reasons why the club hasn&#8217;t paid it&#8217;s players for so long. \u00a0Yet, I could understand it. \u00a0The money that comes in even with a small promotion to Segunda B often makes the gamble worth taking. \u00a0If it doesn&#8217;t lead to promotion though, well you have a problem.<\/p>\n<p>That in mind, whenever I play FM I always have a plan to bring the wage spend down to a level that matches the income from gate receipts and season tickets &#8211; it won&#8217;t surprise you to know that most of the wage budgets set in the game are above that revenue, and often the commercial income added to the gate receipts still doesn&#8217;t cover the wages.<\/p>\n<p>As you know, I have just won Serie C with Foggia. \u00a0I didn&#8217;t do it the easy way though. \u00a0Let me explain.<\/p>\n<p><a href=\"https:\/\/thehighertempopress.files.wordpress.com\/2016\/07\/season-one-1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3136\" src=\"https:\/\/thehighertempopress.files.wordpress.com\/2016\/07\/season-one-1.jpg\" alt=\"season one (1)\" width=\"723\" height=\"499\" \/><\/a><\/p>\n<p>On the left, you have the original first team squad at Foggia. \u00a0Look at the wages the top load are on! \u00a0Insane, and the pre-season friendlies when I first joined didn&#8217;t make me believe they were worth a place in the team. \u00a0But anyway, I totted up the total &#8211; you can see it at the bottom. \u00a0I added the Academy wages and we had a total weekly outgoing of \u00a348k. \u00a0Annually, that equalled about \u00a32.5m. \u00a0Isolated on their own, neither of those figures mean anything.<\/p>\n<p>It gets interesting when I start to work out what our income through the turnstiles might be. \u00a0The club information screen told me that we had 3670 season ticket holders who pay \u00a3265 for their ticket. \u00a0That allowed me to estimate that we would generate \u00a3973k of season ticket income. \u00a0Foggia have a 25,000 seat stadium. \u00a0With 3500 season ticket holders already committing to the club, I was confident we would have another 5000 through the gate at each home game, meaning we would make an additional \u00a3110k per match with tickets costing \u00a322. \u00a0Over 25 home games that would equal \u00a31.8m, combined with the \u00a31m season ticket income. \u00a0In total I predicted \u00a32.8m in gate receipts over the season, more than the \u00a32.5m in wage spend. \u00a0I took the predicted income and divided it by 52 (weeks) to generate the RWB (real wage budget). \u00a0We actually had a little to play with! \u00a0Perfect, right? \u00a0It&#8217;s a pain I have players earning more than I want and sitting in the Academy squad, but at least we won&#8217;t lose money.<\/p>\n<p>Or so I thought. \u00a0Don&#8217;t forget, this was all guess work.<\/p>\n<p>A month into the actual season, the reality bit.<\/p>\n<p><a href=\"https:\/\/thehighertempopress.files.wordpress.com\/2016\/07\/season-one-2.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3137\" src=\"https:\/\/thehighertempopress.files.wordpress.com\/2016\/07\/season-one-2.jpg\" alt=\"season one (2)\" width=\"723\" height=\"501\" \/><\/a><\/p>\n<p>We were only bringing in about 500 non-season ticket holders through the gate. \u00a0\u00a311k revenue per home game is a little different to \u00a3110k revenue per home game. \u00a0A slight revision of the RWB needed to be made. \u00a0And when I say slight, I mean huge. \u00a0The reworked RWB showed me that we were \u00a320k a week over budget. \u00a0That would explain why the club lost about \u00a320k a month, every month for the first season. \u00a0The only way I could fix it would be by moving the big earners on, and guess what? \u00a0Not many other Serie C level clubs wanted to take on their wages! \u00a0So I was stuck with them for the first season, hence us delivering massive losses in the year. \u00a0Still, winning promotion and generating nearly \u00a33m in TV and prize money got us back in the black, but that is not the point &#8211; had we not won promotion we would have been banjaxed!<\/p>\n<p>Moving on to this coming season, and working out what I believe I have in the RWB to play with.<\/p>\n<p><a href=\"https:\/\/thehighertempopress.files.wordpress.com\/2016\/07\/season-two.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3138\" src=\"https:\/\/thehighertempopress.files.wordpress.com\/2016\/07\/season-two.jpg\" alt=\"season two\" width=\"723\" height=\"291\" \/><\/a><\/p>\n<p>On the left is the remaining first team squad, which shouldn&#8217;t surprise if you have read the last two posts. \u00a0I have three wasters with a year left on their contracts, and if I get really lucky someone might take them off my hands. \u00a0I am assuming that we will sell at least the same amount of season tickets again this year, we have been promoted after all. \u00a0If we cannot turn an 500 non-season ticket holders on the gate into 1000 then something has gone very wrong. \u00a0All in all, doing the same calculations, it tells me that I have \u00a315k more I can spend on wages with my new signings.<\/p>\n<p><strong><span style=\"text-decoration: underline;\">Using the RWB when making StS signings<\/span><\/strong><\/p>\n<p>That isn&#8217;t going to go very far, so I already know that I will be supplementing a lot of the squad with loan signings\u00a0<strong>which my StS method is not covering.<\/strong><\/p>\n<p><a href=\"https:\/\/www.thehighertempopress.com\/2016\/07\/28\/fm16-foggia-dei-miracoli-v-sts-v3-0-c\/\">Cast your mind back to yesterday&#8217;s post.<\/a> \u00a0I have looked at all the players I wish to bring in, ideally, and ranked them in priority order. \u00a0Some of these names you will recognise from yesterday, some not.<\/p>\n<p><a href=\"https:\/\/thehighertempopress.files.wordpress.com\/2016\/07\/shortlist.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3140\" src=\"https:\/\/thehighertempopress.files.wordpress.com\/2016\/07\/shortlist.jpg\" alt=\"shortlist\" width=\"723\" height=\"223\" \/><\/a><\/p>\n<p>As you can see, I have a rough idea of what I want to spend wage wise. \u00a0IF I can get the top 7 on the wages I want, then I have achieved it within \u00a315k &#8211; but that would mean no pay rises for anyone else in the existing squad &#8211; Benny and Loia would also have to go. \u00a0If I only secure the top 5, then I can afford to pay someone else in the squad an extra \u00a32k a week &#8211; probably Loia. \u00a0If I could only get rid of the three wasters in the Academy squad.<\/p>\n<p>These were the results.<\/p>\n<p><a href=\"https:\/\/thehighertempopress.files.wordpress.com\/2016\/07\/results.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3139\" src=\"https:\/\/thehighertempopress.files.wordpress.com\/2016\/07\/results.jpg\" alt=\"results\" width=\"490\" height=\"252\" \/><\/a><\/p>\n<p>Garufi and Corti priced themselves out of moving to me, wanting much more than I was willing to pay.<\/p>\n<p>So, providing they don&#8217;t change their minds or accept new deals at their current clubs I have brought in five players that I am very happy with.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Next season&#8217;s squad<\/strong><\/span><\/p>\n<p>That means the provisional first team squad for next season is shaping up thus:<\/p>\n<p><a href=\"https:\/\/thehighertempopress.files.wordpress.com\/2016\/07\/squad.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-3141\" src=\"https:\/\/thehighertempopress.files.wordpress.com\/2016\/07\/squad.jpg\" alt=\"squad\" width=\"290\" height=\"257\" \/><\/a><\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Extra Loan Additions<\/strong><\/span><\/p>\n<p>Looking at it, I need to bring in the following on loan as soon as the window opens again.<\/p>\n<ul>\n<li>GK<\/li>\n<li>RB<\/li>\n<li>LB<\/li>\n<li>CB<\/li>\n<li>AP\/L or R<\/li>\n<li>DF<\/li>\n<\/ul>\n<p>Ideally these will be no-wage loans, and if I can find some versatile options then I may not have to expand the squad too much.<\/p>\n<p>Does that all make sense? \u00a0I hope so.<\/p>\n<p>In the next post I will show you my approach to the loan market and, hopefully, announce some of those targets as confirmed signings!<\/p>\n<p>#ForzaFoggia<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>No, not right wing back. \u00a0Real wage budget. \u00a0I need to bring players in for next season, but I don&#8217;t trust my board to set me a sensible wage budget. \u00a0What do I do?<\/p>\n","protected":false},"author":2,"featured_media":3894,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[89],"tags":[57,34,14,40,41,65,42,53,49,24,50,26,67,68],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>#FM16 : Foggia dei Miracoli VI : StS v3.0 RWB - The Higher Tempo Press<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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It all started in 1992 and I managed to get myself clean by 2001. Then it all started again with FM15... Author of \"Johnny Cooper, Championship Manager\" - available on Amazon - and contributor to The Men Who Stare At Goals Oh, and I was that guy in the \"We Are The Managers\" video. 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