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Money For Thought

Money For Thought

I have documented on numerous occasions my dissatisfaction with last years failure- the only worth being our sustained status as a Premiership club.
Having ensured our survival at the first time of asking at a canter, eight points- an 18 million pound investment should have yielded greater profit.
We struggled. We spent much of the season, two thirds perhaps in the bottom three and were two minutes away from a relegation that could have thrown this club back three years in it's development, and I refute the word supposed.

Steve Morgan has proven a man of his word. He has matched his short and long term goals and put in part, his money where his mouth is.

Think not that he will suffer fools lightly, and if we find ourselves treading familiar territory come January a change at the helm will take place regardless of sentiment.

This summer we have according to reports secured the services of Jamie O'Hara and Roger Johnson for no more than seven million pounds. If this is true I urge the club to take the plunge and invest at least another eleven million to match last years outlay.

Why not?

If we could afford to fling eighteen million pounds at the cause after one season back in the Premiership why can we not do it again.

We have reaped the rewards- said to be in the range of sixty million pounds a season- so where exactly is our money going.
The stadium? The redevelopment of Molineux is not one of grandiose thinking. It is one matched to the blue print lay across the board room table. The management and its team is responsible for its fruition but a seed will not grow without water, and by water I refer to subsequent funding.
Jamie O'Hara is said to be earning 35k per week, with Roger Johnson on 40k.

The offset has already seen the departures of Greg Halford, Stephen MouyoJoko and David Jones who's wages surely must have amounted to perhaps 30-40k per week.
This leaves us with an outlay of 7 million pounds for two very good players which is admirable their wages will have been soaked up in our continued, increased revenue.

We have survived two seasons in the Premiership paying the lowest salaries in the division.

We have danced closely with relegation twice and whilst I do not expect a third encounter; I have faith at least two more are on the way- I am concerned that the club is still trying to strong arm deals and may as consequence miss out on a few additional players that could elevate us into the top 12.

We were all screaming out for three new defenders, and whilst Roger Johnson is a tremendous addition, I was sure he would end up elsewhere, there are fears already as to what would happen in the event of injury.
Regardless of such, we always needed two for the middle, and a left back.

It appears no secret that Mick is also after a central midfielder to compete with Captain Stupid. I would push the boat further and suggest unless the manager is prepared to play Griffiths of Vokes, we also need another striker.

My hope is with the comments made by Jamie O'Hara following his signig: 'If we can sign the players we are after it is going to be very exciting.' I do not think the club would trick a player on false promise.

No doubt Johnson was mentioned, but I doubt 'a good defender and the Swansea goalie' would conjure such excitement in a player of O'Hara's quality.

There must be more to come.

With two seasons behind us, and two ahead of those just promoted, it really is the time for Wolverhampton Wanderers to stamp their mark on the Premiership and break from the mold of struggles.

If we really have spent seven million, where is the risk in spending another ten or eleven if we are rewarded come the end of the season with another sixty million pound reward?

I am all for the club being responsible, but there comes a time when you have to take the next step up the ladder and if that time is not now then when will it be?

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Click here to join in the debate on the club forum.

Writer:New York City Wolf
Date:Wednesday July 27 2011
Time: 4:48AM


Good point as regards an injury Wolfie,heaven help us if RJ picks up a long term one,Dann got injured for Blues and look what happened to them!.Just one signing at the back I agree is not enough but maybe the time to talk about that is when the window has closed and we are going with what we have!.I am convinced that we are after more players and not just these horrible loan deals for whom the only one who benifits really is the parent club.Dont forget what was said earlier in the summer,deals would not be made in haste and Wolves policy would be to be patient and wait for the right deals to come along.I an still convinced that we are in the hunt for Dann and still want to do some business with Spurs who have to sell to buy according to reports.As ever UTW,answers on a postage stamp!!.
Crete Wolf
27/07/2011 07:59:00
i totally agree i have been saying we must have money if we spent 36m in the first 2 seasons and stayed in the prem that generates even more income i am truely worried if we do not add to the squad we could go down then sell all the players who do not want to play in the championship all of a sudden back where we were 5-6 years ago and if that happens how much will this cost the club well written article New York City Wolf
27/07/2011 08:44:00
Hmmm I have a funny feeling Dann might be following on a similar deal to Johnson ( its a punt i know ) but Wolves held out for Johnson and got there man , Stoke have said drop your wage demands or we wont be signing you , he wants 65k a week which is a joke , he hasn a carlin cup winners medal and thats it to his name , not worthy of 65k a week to me , it would be perfect if we could sign him and have Berra and Stears as back up , We continue to be linked with players galore , and Wolves have never let us down in terms of spending and bringing in new players and there is 2-3 weeks left so plenty of time as whoever we bring in will be doing pre season themselves and upto fitness levels needed , We just have to wait and see , The squad we have is better than last season and is improving all the time , maybe not at a rate most of you want , most of the clubs around similar stances to ourselves except Sunderland are not spending anything really , i epxect 1 of the last 2-3 weeks to be a frenzy , a lot of panic buying and selling , so maybe Wolves have targets already set but will wait for those clubs to agree at the last minute as they wont get better offers , its all ifs buts and maybes and we should not judge anything until that window closes :-)
27/07/2011 08:48:00
Oh, I should have read this thread first!I'll copy and paste from the last thread!......I'm still of the view that the "balancing the books" line was a smoke-screen for deals on the go. We knew about the Mills deal for weeks,for example,then RJ is signed within days of the media picking that thread back up.I've no doubt the performances of Berra and Stearman will improve with improved quality around them, that's all part of getting better players in. Once the undisclosed fees were,apparently, disclosed,and we see that they paid less than 8mill for JOH and RJ then does anyone really believe MM has been told "that's your lot"?(8million being the price we all,pretty much,agreed was fair for Johnson,when the Blues opened with 14million).The squad definitely needs "thickening",with improved quality, players we already have providing cover for the inevitable suspensions and injuries. I reckon that all the M'S not only appreciate that but fully intend to do something about it.As for Dann still having not signed,very interesting.If it's not us,then some other club can still get him.I'm not too sure that Pulis would let the rest of the world know what they're not prepared to pay him, though.....I'll read the threads in order from now on!
27/07/2011 09:19:00
Like everyone else I'm starting to get a little edgy. After last year when the announcements came thick and fast, this is painful! We do need to invest in a few more players, but I agree that we shouldn't jeopardise the long term future of the club by paying over the odds for underachievers- just look at Birmingham's plight after splashing too much cash. It sounds as if their fire sale will have to continue past Dann and Jerome according to their acting chairman. So expect the Ridgewell saga to rear up again in the near future too. We all know that we needed to sign three defenders LAST YEAR and still need two now. I hope this doesn't end up like the January transfer window where we all sat biting our nails hoping to hear of some quality defensive signings but with none arriving. I will disagree with one comment though, I don't think that loan deals are necessarily "horrible". O'Hara came to us through a loan deal as did Guedioura and Kightly (I still think they will shake off injuries and come good). It even showed us that Mancienne wasn't worth the money being asked even after the initial signs of promise we saw from him in the Championship. I certainly wouldn't refuse the offer of Spearing on loan if it's true, especially if we can get an option to buy deal. The lad has all the signs of becoming another of those diminutive midfield generals that are hated by opposition supporters just as much as they loved by their own! I also doubt many would refuse the offer of Lescot back here on loan if it were possible or affordable. Let's all hope patience proves a virtue this summer :-)
27/07/2011 09:30:00
If you have read my more whimsical thread posted today, you will realise that I am still worried about the failure so far to sign another quality CB and LB. If only the authors of these posts had the ear of MM, I would be less concerned. I fully agree with the arguments here and in my head believe that further signings are in the offing. They have to be... don't they?
27/07/2011 10:34:00
The thing is with the three m's is that they play their cards very close to their chests. I have to admit that this is very frustrating, but they have always tried to bring in the right players in at the right price. We don't necesarily have to splash the cash to do this. Last season saw a flurry of early activity, but I am sure that behind the scenes they are working hard to bring in at least three more signings. The press are banding names around without really knowing what is going on. Lets just sit tight and wait to see who we sign. If there are no signings by 31st August then we can complain.
27/07/2011 10:49:00
I understand the comment made about loans; if only the parent club is to ultimately benefit then any deal is of little use but over the course of the season usually I think it is of benefit to all. The player of course gets the games he needs, the club benefits from an addition at a fraction of a fee and of course the parent club usually gets back a more experienced player. The likes of Mancienne however helped Chelsea make their mind up he was not good enough to cut it at the Bridge; we ourselves were not interested in taking him on a permanent deal (personally I think he will prove a very good player.) I have a feeling we may see the Spearing fella turn up and from what promise he has shown I will take that addition- I don't think the club will sign another three. Don't get me wrong; I have not hit the panic button yet. We could be sat here with three more signings this time next week. Recently when an independent blogger wrote us off for relegation I said I would wait until the window closes before making my predictions but as is mentioned above January came and went and we did not sign the players we needed. We have already improved the squad by making O'Hara ours and bringing in Johnson. Injury is my greatest concern. One or two and as things stand we will be back where we were. I have faith the club will get it right this summer. However painful the wait, they have got it right so far- I hope in three weeks time we can look forward to the season applauding the club for bringing in the other two or three we are to this point still missing.
New York City Wolf
27/07/2011 13:23:00
gottagetalife...the circumstances surrounding the "injury" that kept JL out of our first prem season, would probably prevent a return.I'm not against loan deals in principle though,as long as their negotiated in our favour.From our experience of them, we can't criticize the players we've had for lack of commitment.As for Spearing,the Liverpool threads still seem to suggest that KD rates him and has first team plans for him.Their fans seem more open to him coming to us,though. "Good for the lad to get experience" kind of thing.But,having said that, i'd still much prefer(and expect)more signings of the permanent kind.
27/07/2011 13:30:00
We had lots of injuries last season and survived so are you all now saying that if those injuries would not have occured then we would have survived far more easily ? , thats not what you were all saying a few weeks back hahaha ! , Oh and Lescott has his knees capped by local gangsters for cheating on there relation , was not football related ! thats why we never saw him in the prem :-( , It amazes me you think Spearing is the answer when KD has gone and bought 2 midfielders , put Lucas ( player of the year last season ) and Gerrard in there along with Henderson Merieles Adam Kuyt ( yes he plays on the wing ) because it will be Carroll and Suarez up top , Spearing wont get a sniff if everyones fit ! , Only reason i can see us going for him is he wont be earinng a lot so we save on wages ! , I just cant see how a tiny midfielder is the answer , no matter how combative he is , we need a Tiote at Newcastle Midfielder or Song at Arsenal , Mulumbu at the Albion all similar to Henry just better on the ball
27/07/2011 16:56:00
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