Are we paying Queensy Menig £11,650 per week?

[singe]

Paying all of Queensy Menig’s £11,650 a week This will now be touted as gospel. It is probably is the most sensational aspect of the article.

So, I wanted to analyse whether it should be quoted as fact from now on.

 

" It can be disclosed that Menig was paid a mind-boggling sum of around £11,650-a-week, plus accommodation a

Manchester's swanky Malmaison hotel. 'I wanted to give the fans a present, to make them dream,' Lemsagam told

Sportsmail. "

 

"Insiders say the experiment in total cost around £500,000. The wastage continued. Deals for three key loan

players had to be renegotiated in January. The weekly bill for the three, one of whom signed permanently, went

from £3,750 to around £16,000. As a result of actions like the above, Oldham's wage budget abruptly spiralled

from around £1.4m to a frightening figure approaching £2.4m.  "

 

Big budget, little budget.

Taking a step back, how does a £2.4m wage budget compare? I will only state declared, and in League 1 the season

before, because of the obvious different League budget in Ch & L2

2016/17. Source Lecturer in Football Finance. University of Liverpool. Not all clubs declared yet, including us.

Club                      Posn      Wage £ pa          Av Wge pw

Sheff Utd             C             10.0m                   5,178

Millwall                6P           9.4m                     4,807

Scunthorpe         3             6.0m                     3,084

Fleetwood           4             5.8m                     2,975

Southend             7             4.7m                     2,410

Coventry              23           4.5m                     2,284

Chesterfield        24           4.4m                     2,253

Shrewsbury         18           3.5m                     1,796

Walsall                 14           3.4m                     1,736

 

Lowest was AFC Wimbledon (L2 previous) at £2.8m & £1,451 Avg

 

So the quoted £11,650 is extraordinary in the context of L1. Sure, there will be players in that category, but very rare.               

Conclusion: It’s not mind boggling comparatively.

 

The salary & perks

The experiment cost £500,000. £11,650 equates to £605,800 per year. Or £454,350 since he signed 9 months ago on 6^th Sept 2018.

 

The cheapest night in Malmaison is £89, with an obvious discount if he was booked for the 9 months till June of a normal loan.

So the possible £500,00 cost of QM stands up to scrutiny.  AL would have been paying that for 3 months of the Corney era. He would know so is an obvious source of the information. The member(s) of staff processing wages would risk dismissal, so almost impossible they are the source.

 

Conclusion: Had we paid all of Menig’s salary, it might have cost £500,000.

 

The total Budget

he next relevant paragraph says the budget has increased £1 million to £2.4m.

In addition to Menig we also signed Kean Bryan from Premier League Man City, Jack Byrne from a then Championship Wigan, Duckens Nazon from Championship Wolves and Eoin Doyle & Ben Pringle from a Championship Preston.

Avg Wage at Preston 6,469 (336,388pa), Wigan 7,976 (414,752), Wolves 13,575 (705,900)  ( but Man City we will leave as their superstars will distort massively.

Clearly, if AL funded Menig, then givent he timscales he also funded Placide, Omrani, Nepomuceno, Maouche, , De La Paz, Moimbe   as the “French Lads”,  and maybe McEleney, Benyu & Benteke  and of course the aforementioned Bryne, Bryan & Doyle, whilst only losing Clarke, Green, Banks, Scott, Fawns, Mantack & Edmundson. It is safe to assume that Clarke and Green were amongst to the top earners, the others not so.

However, Benyu, Benteke & McEleney have not been mentioned in either article so maybe the were funded from Corney wage bill?

The net effect of all the deals is claimed to be an increase of £19,230 per week (ie £1m).

So the other deals amounted to only a net £7,580 between them if we paid all of Menig’s salary

 

The renegotiation of the Bryan, Bryan and Doyle contracts was protected, and clear they were a core spine fo the team. That is undisputed. We were beginning to struggle, and obvious that we needed them, especially the goals of Doyle. They knew our set up. Our negotiating position was not a strong one, it is not unreasonable to assume we paid over the odds. For example we signed Doyle on loan and  paid his wages whilst he was injured. A very unusual situation.

We even signed Jack Bryne in Jan, and so paid his full wage from Jan to June.

 

The second claim is the bill for them increased from £ 3,750 to £16,000, and that amounts to £637,000, or 97,500 for the first 6 months to 318,500 for the 2^nd 6 months = £416,000. So the 3 players and Menig’s 9 months is already at £870,350.

£416,000 of the £500,000 is explained by Doyle, Byrne & Bryan

The “present” quote could well be attributed to the signings of Doyle, Bryan and Byrne.

Does:

Placide, Omrani, Nepomuceno, Maouche, , De La Paz, Moimbe ( “French Lads”), McEleney, Benyu & Benteke

= Clarke, Green, Banks, Scott, Fawns, Mantack & Edmundson ?

 

We were on an embargo at the end of December and could not have any more players in without losing players

The other possibility is that the budget increased to £1m but on a pro rata basis. Given that we are talking from June ‘17 to Jan ‘18 for the Corney era and the 1^st transfer window and Jan ‘18 to Jun ‘18 for the 2^nd transfer window and the Lemasagam era.

The possibility exists that the Jun17 to Jan 18 budget was £11.4m but 750,000 for 6 months. The Jan-Jun18 budget was £2.4m but is 1.2m spend. Making the difference £500,000.

£416,000 of that was for Doyle, Byrne & Bryan.

 

Conclusion: It is more likely that the total was £500,000 for all the players for the rest of the season, not Menig alone.

My Conclusion:

We have not paid all of Menigs £11,650 salary.

[Londonboy]

Very good informative piece as usual Singe. 

As long as we stabilise things from here on in, and AL can afford it of course, I couldn't give a toss what he spends as long as things improve on the pitch. 

Time will tell i guess. 

[Crusoe]

Wow. How long must your lunch breaks be?

[yarddog73]

So Walsall have near on 40 players on the books?

[yarddog73]

I was told by a pretty good source that the cost to the club of putting the foreign lads up in hotels was just over 10k a month.

[singe]

19 minutes ago, Crusoe said:

Wow. How long must your lunch breaks be?

Ha!

Worked on it last night and this morning too!

[PlayItLivo]

"Are we paying Queensy Menig £11,650 per week?"

 

No, we're not paying him anything. He left the club in January.

[sjk2008]

I'm of the understanding we were paying the lot...

[Flemboy]

Pity we had to off load  Clarke to save a wage compared with some of the others who did bugger all

[singe]

29 minutes ago, yarddog73 said:

So Walsall have near on 40 players on the books?

According to their Accounts they have 82 players and staff (and 46 other staff). I am assuming he got clarification elsewhere.

7 Academy Graduates got full time professional contracts.

3 2nd year scholars also  signed professional terms.

 

22 as of 22nd May 2018. The Development Squad is from 2017, and as mentioned above became professional na dwill have been replaced.

https://en.wikipedia.org/wiki/Walsall_F.C.

https://en.wikipedia.org/wiki/Walsall_F.C._Youth_and_Reserves

 

 

 

[yarddog73]

1 hour ago, singe said:

According to their Accounts they have 82 players and staff (and 46 other staff). I am assuming he got clarification elsewhere.

7 Academy Graduates got full time professional contracts.

3 2nd year scholars also  signed professional terms.

 

22 as of 22nd May 2018. The Development Squad is from 2017, and as mentioned above became professional na dwill have been replaced.

https://en.wikipedia.org/wiki/Walsall_F.C.

https://en.wikipedia.org/wiki/Walsall_F.C._Youth_and_Reserves

 

 

 

So these budgets quoted are not playing budgets?

[Lee Sinnott]

Whatever we were paying and doing for Menig, it wasn't enough for him. He wasn't happy about his hotel and wanted putting in a more luxurious one and wanted a top of the range car...

[NewBlue]

5 minutes ago, Lee Sinnott said:

Whatever we were paying and doing for Menig, it wasn't enough for him. He wasn't happy about his hotel and wanted putting in a more luxurious one and wanted a top of the range car...

 

I wanted him to score a screamer every week n all, the cock

Edited June 6, 2018 by NewBlue

[singe]

2 hours ago, yarddog73 said:

So these budgets quoted are not playing budgets?

I asked. He said "Have assumed 80% of total wage bill allocated to playing staff and then split between 30 senior players & managers."

The actual split is not publicly available anywhere, for obvious reasons.

[kowenicki]

6 hours ago, singe said:

Paying all of Queensy Menig’s £11,650 a week This will now be touted as gospel. It is probably is the most sensational aspect of the article.

 

So, I wanted to analyse whether it should be quoted as fact from now on.

 

 

 

" It can be disclosed that Menig was paid a mind-boggling sum of around £11,650-a-week, plus accommodation a

 

Manchester's swanky Malmaison hotel. 'I wanted to give the fans a present, to make them dream,' Lemsagam told

 

Sportsmail. "

 

 

 

"Insiders say the experiment in total cost around £500,000. The wastage continued. Deals for three key loan

 

players had to be renegotiated in January. The weekly bill for the three, one of whom signed permanently, went

 

from £3,750 to around £16,000. As a result of actions like the above, Oldham's wage budget abruptly spiralled

 

from around £1.4m to a frightening figure approaching £2.4m.  "

 

 

 

Big budget, little budget.

 

Taking a step back, how does a £2.4m wage budget compare? I will only state declared, and in League 1 the season

 

before, because of the obvious different League budget in Ch & L2

 

2016/17. Source Lecturer in Football Finance. University of Liverpool. Not all clubs declared yet, including us.

 

Club                      Posn      Wage £ pa          Av Wge pw

 

Sheff Utd             C             10.0m                   5,178

 

Millwall                6P           9.4m                     4,807

 

Scunthorpe         3             6.0m                     3,084

 

Fleetwood           4             5.8m                     2,975

 

Southend             7             4.7m                     2,410

 

Coventry              23           4.5m                     2,284

 

Chesterfield        24           4.4m                     2,253

 

Shrewsbury         18           3.5m                     1,796

 

Walsall                 14           3.4m                     1,736

 

 

 

Lowest was AFC Wimbledon (L2 previous) at £2.8m & £1,451 Avg

 

 

 

So the quoted £11,650 is extraordinary in the context of L1. Sure, there will be players in that category, but very rare.               

 

Conclusion: It’s not mind boggling comparatively.

 

 

 

The salary & perks

 

The experiment cost £500,000. £11,650 equates to £605,800 per year. Or £454,350 since he signed 9 months ago on 6^th Sept 2018.

 

 

 

The cheapest night in Malmaison is £89, with an obvious discount if he was booked for the 9 months till June of a normal loan.

 

So the possible £500,00 cost of QM stands up to scrutiny.  AL would have been paying that for 3 months of the Corney era. He would know so is an obvious source of the information. The member(s) of staff processing wages would risk dismissal, so almost impossible they are the source.

 

 

 

Conclusion: Had we paid all of Menig’s salary, it might have cost £500,000.

 

 

 

The total Budget

 

he next relevant paragraph says the budget has increased £1 million to £2.4m.

 

In addition to Menig we also signed Kean Bryan from Premier League Man City, Jack Byrne from a then Championship Wigan, Duckens Nazon from Championship Wolves and Eoin Doyle & Ben Pringle from a Championship Preston.

 

Avg Wage at Preston 6,469 (336,388pa), Wigan 7,976 (414,752), Wolves 13,575 (705,900)  ( but Man City we will leave as their superstars will distort massively.

 

Clearly, if AL funded Menig, then givent he timscales he also funded Placide, Omrani, Nepomuceno, Maouche, , De La Paz, Moimbe   as the “French Lads”,  and maybe McEleney, Benyu & Benteke  and of course the aforementioned Bryne, Bryan & Doyle, whilst only losing Clarke, Green, Banks, Scott, Fawns, Mantack & Edmundson. It is safe to assume that Clarke and Green were amongst to the top earners, the others not so.

 

However, Benyu, Benteke & McEleney have not been mentioned in either article so maybe the were funded from Corney wage bill?

 

The net effect of all the deals is claimed to be an increase of £19,230 per week (ie £1m).

 

So the other deals amounted to only a net £7,580 between them if we paid all of Menig’s salary

 

 

 

The renegotiation of the Bryan, Bryan and Doyle contracts was protected, and clear they were a core spine fo the team. That is undisputed. We were beginning to struggle, and obvious that we needed them, especially the goals of Doyle. They knew our set up. Our negotiating position was not a strong one, it is not unreasonable to assume we paid over the odds. For example we signed Doyle on loan and  paid his wages whilst he was injured. A very unusual situation.

 

We even signed Jack Bryne in Jan, and so paid his full wage from Jan to June.

 

 

 

The second claim is the bill for them increased from £ 3,750 to £16,000, and that amounts to £637,000, or 97,500 for the first 6 months to 318,500 for the 2^nd 6 months = £416,000. So the 3 players and Menig’s 9 months is already at £870,350.

 

£416,000 of the £500,000 is explained by Doyle, Byrne & Bryan

 

The “present” quote could well be attributed to the signings of Doyle, Bryan and Byrne.

 

Does:

 

Placide, Omrani, Nepomuceno, Maouche, , De La Paz, Moimbe ( “French Lads”), McEleney, Benyu & Benteke

 

= Clarke, Green, Banks, Scott, Fawns, Mantack & Edmundson ?

 

 

 

We were on an embargo at the end of December and could not have any more players in without losing players

 

The other possibility is that the budget increased to £1m but on a pro rata basis. Given that we are talking from June ‘17 to Jan ‘18 for the Corney era and the 1^st transfer window and Jan ‘18 to Jun ‘18 for the 2^nd transfer window and the Lemasagam era.

 

The possibility exists that the Jun17 to Jan 18 budget was £11.4m but 750,000 for 6 months. The Jan-Jun18 budget was £2.4m but is 1.2m spend. Making the difference £500,000.

 

£416,000 of that was for Doyle, Byrne & Bryan.

 

Conclusion: It is more likely that the total was £500,000 for all the players for the rest of the season, not Menig alone.

 

My Conclusion:

 

We have not paid all of Menigs £11,650 salary.

 

 

What you have just done there is...

 

INVESTIGATIVE JOURNALISM.

 

No room for you in the click-bait modern society my friend.   Just repeat rumours and get an early finish down the pub.

 

 

 

 

[BP1960]

1 hour ago, kowenicki said:

 

What you have just done there is...

 

INVESTIGATIVE JOURNALISM.

 

No room for you in the click-bait modern society my friend.   Just repeat rumours and get an early finish down the pub.

 

 

 

 

 

No wonder some were questioning team morale.

[Flemboy]

14 minutes ago, BP1960 said:

 

No wonder some were questioning team morale.

Can but hope that lessons have been learnt the hard way here and will never be repeated.Shame that it is the fans who suffer the most through some of these players egos and greed

[GlossopLatic]

I genuinely dont believe Keegan has lied or particularly exagerated the truth here.

 

Im also prepared to give Lemsagam the benefit of the doubt with regards some of the goings on whether that be abit of naivety or just learning the ropes.

 

With regards to Menig what Lemsagam hoped for here was a marquee signing it turned out to be the wrong signing. Im hoping we take a more pragmatic approach to payer recruitment next season.

[singe]

9 hours ago, kowenicki said:

 

What you have just done there is...

 

INVESTIGATIVE JOURNALISM.

 

No room for you in the click-bait modern society my friend.   Just repeat rumours and get an early finish down the pub.

 

 

 

 

Cheers, its not perfect by any means, but I had a go.