2.3 Million To £300K

[Antman]

http://www.bbc.co.uk/sport/0/football/22205419

thats a big drop for the club cash wise - we'll see real belt tightening.

[GrahamC]

Absolutely, I think I heard yesterday we have to reduce our wage bill to a maximum of £7m, from £18m currently!

Presumably that doesn't just include the playing staff but management and coaches, too.

I'm not expecting anyone who is out of contract to stay and at least two of those we'd like to keep to move on this summer.

[redfred]

Absolutely, I think I heard yesterday we have to reduce our wage bill to a maximum of £7m, from £18m currently!

Presumably that doesn't just include the playing staff but management and coaches, too.

I'm not expecting anyone who is out of contract to stay and at least two of those we'd like to keep to move on this summer.

Our wage bill isn't currently £18m - that was the figure for the 2011/12 season. It was widely reported that McIness had halved the wage bill, so there is still work to do to get the wage bill down from £9m to £7m but thankfully most of the hard work has been done already.

[GrahamC]

Our wage bill isn't currently £18m - that was the figure for the 2011/12 season. It was widely reported that McIness had halved the wage bill, so there is still work to do to get the wage bill down from £9m to £7m but thankfully most of the hard work has been done already.

Thanks for the explanation.

You are right, the wage bill was £18.7 two seasons ago, however despite McInnes claiming he had halved it, I do have my doubts, we won't be paying Baldock, Davies or Cunningham low amounts, will we?

I doubt strongly that our current wage bill is less than £10m, the accounts will prove whether I'm right or wrong.

[redfred]

Thanks for the explanation.

You are right, the wage bill was £18.7 two seasons ago, however despite McInnes claiming he had halved it, I do have my doubts, we won't be paying Baldock, Davies or Cunningham low amounts, will we?

I doubt strongly that our current wage bill is less than £10m, the accounts will prove whether I'm right or wrong.

I can only assume the three players' mentioned contracts were bolstered by promotional or positional based bonuses to enable the club and McInnes to make that statement.

We are going in the right direction with wages but you can't help but assume that this is why we have gone in the wrong direction on the field. Hopefully it's short term pain for long term gain.

[Night84]

From the title of this thread, I thought Cardiff had sold Maynard!

[The Humble Realist]

Thanks for the explanation.

You are right, the wage bill was £18.7 two seasons ago, however despite McInnes claiming he had halved it, I do have my doubts, we won't be paying Baldock, Davies or Cunningham low amounts, will we?

I doubt strongly that our current wage bill is less than £10m, the accounts will prove whether I'm right or wrong.

I agree. As far as I remember mcinnes said he was told he had to half it. He didn't say how long he had to do this either.

He will have reduced it a lot but the three you mention there will all be on a good whack so a lot of work still needed

[Fanatic Red]

I agree. As far as I remember mcinnes said he was told he had to half it. He didn't say how long he had to do this either.

He will have reduced it a lot but the three you mention there will all be on a good whack so a lot of work still needed

Cunningham, Davies & Baldock are some of out newer signings, so all will have relegation clauses in their contracts, so will automatically be on reduced wages next season.