weeyin Posted 1 hour ago Report Share Posted 1 hour ago 2 hours ago, Ya Bezzer! said: Bodo Glimt have a £31 million wage bill and have spent £38 million on their current team. I'm sure if we can match those figures Jens will be happy to stay! Is that number accurate? I'm not saying you're wrong. Only that represents a huge hike from a Deloitte report from 2024 talking about how healthy Norwegian football was. From June 2024, it says the league champions Vålerenga had the highest personnel costs of 20.8 million Norwegian Krone, which is only about £1.68 million. Quote Link to comment Share on other sites More sharing options...
weeyin Posted 1 hour ago Report Share Posted 1 hour ago Still having flashbacks to the Well Society Board members who wanted to accept Barmack's offer. What was it again? He put in 10p, his wife posted about us on social media, and the Well Society had to put in 1 million quid (although I may be slightly misrepresenting the offer). Quote Link to comment Share on other sites More sharing options...
texanwellfan Posted 1 hour ago Report Share Posted 1 hour ago 43 minutes ago, weeyin said: Still having flashbacks to the Well Society Board members who wanted to accept Barmack's offer. What was it again? He put in 10p, his wife posted about us on social media, and the Well Society had to put in 1 million quid (although I may be slightly misrepresenting the offer). Pretty close Quote Link to comment Share on other sites More sharing options...
Ya Bezzer! Posted 1 hour ago Report Share Posted 1 hour ago 41 minutes ago, weeyin said: Is that number accurate? I'm not saying you're wrong. Only that represents a huge hike from a Deloitte report from 2024 talking about how healthy Norwegian football was. From June 2024, it says the league champions Vålerenga had the highest personnel costs of 20.8 million Norwegian Krone, which is only about £1.68 million. "In terms of their wage structure, Glimt maintains a wage-to-revenue ratio of approximately 45%, which is significantly below the average in Europe, and this helps the club to remain profitable even in years when they don't qualify for the Champions League group stages. Despite that, Bodo/Glimt have been able to multiply player wages by no less than ten in five years and still manage to maintain a sustainable structure thanks to income from the European club competitions. Salaries have increased in line with their achievements, and Bodo/Glimt clearly top the rankings in the Norwegian Eliteserie in terms of the wage bill. Last year, the club paid out 346 million Norwegian kroner (approx. €31 million) in salaries – an increase of 116 million Norwegian kroner (approx. €11 million) from 2024. In comparison, Brann had its best financial year last year. The Bergen club paid out 142 million Norwegian kroner (approx. €13 million) in wages, over 200 million Norwegian kroner (approx. €17 million) less than Glimt." https://www.flashscore.com/news/soccer-eliteserien-bodo-glimt-s-transformation-from-near-bankruptcy-into-70-million-arctic-powerhouse/xxYV93Jj/ Quote Link to comment Share on other sites More sharing options...
weeyin Posted 47 minutes ago Report Share Posted 47 minutes ago That's an impressive example of what can be achieved. Quote Link to comment Share on other sites More sharing options...
grizzlyg Posted 37 minutes ago Report Share Posted 37 minutes ago 1 hour ago, weeyin said: Is that number accurate? I'm not saying you're wrong. Only that represents a huge hike from a Deloitte report from 2024 talking about how healthy Norwegian football was. From June 2024, it says the league champions Vålerenga had the highest personnel costs of 20.8 million Norwegian Krone, which is only about £1.68 million. Has Martyn Lewis hacked your account? 🤣🤣🤣 Quote Link to comment Share on other sites More sharing options...
grizzlyg Posted 35 minutes ago Report Share Posted 35 minutes ago 24 minutes ago, Ya Bezzer! said: "In terms of their wage structure, Glimt maintains a wage-to-revenue ratio of approximately 45%, which is significantly below the average in Europe, and this helps the club to remain profitable even in years when they don't qualify for the Champions League group stages. Despite that, Bodo/Glimt have been able to multiply player wages by no less than ten in five years and still manage to maintain a sustainable structure thanks to income from the European club competitions. Salaries have increased in line with their achievements, and Bodo/Glimt clearly top the rankings in the Norwegian Eliteserie in terms of the wage bill. Last year, the club paid out 346 million Norwegian kroner (approx. €31 million) in salaries – an increase of 116 million Norwegian kroner (approx. €11 million) from 2024. In comparison, Brann had its best financial year last year. The Bergen club paid out 142 million Norwegian kroner (approx. €13 million) in wages, over 200 million Norwegian kroner (approx. €17 million) less than Glimt." https://www.flashscore.com/news/soccer-eliteserien-bodo-glimt-s-transformation-from-near-bankruptcy-into-70-million-arctic-powerhouse/xxYV93Jj/ Martyn Lewis hacked you also? 🤣🤣 Quote Link to comment Share on other sites More sharing options...
weeyin Posted 19 minutes ago Report Share Posted 19 minutes ago 17 minutes ago, grizzlyg said: Has Martyn Lewis hacked your account? 🤣🤣🤣 I'm a stats geek 🤓 Quote Link to comment Share on other sites More sharing options...
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