ProspectLoyal
Well-Known Member
Staff costs were just over £42m in the last reporting period.
I’d expect them to go north of £45m for the operating period ending this month.
£42m seems extremely high, say non playing staff wages are £5m and playing staff wages are £37m we have 33 squad players, that works out an average of £22k per week.
Our starting 11 might be on about £22k per week on average, but I can't see the 33 man squad working out at £22k per week.
They have been good players for the club and have played well, but it is bad business having older guys with no resale value who are probably on an extremely high wage. It might be good having a couple first choice ones like McGregor and Davis who are quality despite their age, but guys like Defoe, Balogun and Arfield are probably on a really high wage and have no resale value and are not first choice, it would be better business using the millions spent of their wages on signing young guys who will have a resale value.
In his time at the club Rangers have possibly paid Defoe about £5m in wages and we have no possibility of seeing any of that money back in a transfer fee, that is not good business even though he seems nice guy.