We start off this journey in the third tier of Spanish football – Segunda Divison B3. This is the beginning of our fmadventure.
It’s difficult to figure out where to start with this update. A cursory glance at the financial projection screen but I don’t place much faith in those figures.
I start with things that I know:
- The board will allow us a wage budget of £77,039 per week, we have a current spend of £79,216 per week
- We have no transfer budget to speak of but a scouting budget of £80,120 for the year
- We have two outstanding loans which cost us a combined monthly repayment of £320,000
- The prize money for the competitions we will compete in this season can only be described as minimal at best
Without any previous seasons to look back on I make some projections and aims based on conjecture:
- We will make a financial loss this season
- We must address the wage overspend at the first opportunity to do so
- We will aim for promotion at the first time of asking
The initial ‘Three Year Plan’
I’ve set out an initial set of plans for the first 3 years, subject to change depending on progress.
Season One: Fill out the senior backroom staff, have confidence in the first team squad
Season Two: Fill out the youth backroom staff, begin to assess youth intake
Season Three: Make plans for upgrades to our facilities
I have not made any plans at this time to take any great interest in the dealings of our ‘B’ Club. This is something that will come when I feel the club is operating at the footballing and financial level to be able to support expansion.
On The Pitch
Footballing updates will be brief as I’m concentrating more on developing the club with a more holistic approach.
It was senstational season as RCD Mallorca secured promotion back to the Segunda Division at the first time of action. This came thanks to a 30 game unbeaten run in the Segunda Division B3. A total of 27 wins, 9 draws and 2 losses closed out a remarkable season.
Following the league campaign we were obliged to take part in a playoff for our promotion place, winning the Semi Final of the play off ensured our promotion place. Winning in the final was simply the icing on the cake, a somewhat meaningless fixture but it gave us the glory of being crowned winners of Segunda Division B across all 4 groups.
We made a good go of the Federation Cup by getting all the way to the Semi Final before being conquered by Murcia.
There was no such luck in the Spanish Cup as we fell victim to fellow Segunda B3 side Lleida in the 3rd round.
Recruitment and Player Development
With the wage budget noted as an overspend I took the first action on my first day in charge by terminating the loan deal for Anderson Arroyo, a right back on loan from Liverpool. This saved us £2.5k/week.
Wanting to strengthen the squad yet keep our finances strictly under control I agreed loan deals for four players with all costs covered by their parent clubs. In the Summer 2017 transfer window we agreed two year loan deals for Caio (Atletico Madrid), Borja Mayoral (Real Madrid) and David Concha (Real Sociedad) with a further 18 month loan deal agreed in the Winter 2018 transfer window for José Arnaiz (Barcelona).
By the conclusion of the season it was announced that two players had decided to retire from professional football. Midfielder Alejandro Faurlin retired due to injury at the age of 31 after being the very unfortunate recipient of damaged cruciate ligaments, the positive side of this was a £4.7k/week saving on wages – it’s just business. 36 year old defender Xisco Campos made the decision to retire as he struggled to break through into the first XI in the second half of the season, another £1.7k/week saved.
My own managerial contract was due for renewal and in the interest of financial prudence I agreed to a two year deal on minimal wages of £875/week.
At the end of the season decisions were made to release 16 B Team players at the conclusion of their contracts. 4 further senior players who had spent the season on loan were released along with back up goalkeeper Miquel Parera who failed to make an appearance during the last season. This should see us free up significant wiggle room in the wage budget.
Financial Outlook and Club Development Progress
Our total income for the season amounted to £11,121,920 – a figure which I have broken down into 6 distinct categories. Here you can see the individual incomes, sorted by category and then a chart showing the proportional income.
Our expenditure for the season was £12,884,248 – again broken down and displayed in its three forms.
Taking this into account, we made a loss of £1,762,328 over this season. While player wages do account for a vast amount of this, it is plain to see that the biggest drain on our finances are the loan repayments.
- State Loan (£15.25m), £2.4m remaining – £135k per month until 01/01/2020
- Bank Loan (£17.75m), £185k remaining – £185k per month until 30/06/2018
Training Facilities: 3 Stars – Good
Youth Facilities: 2.5 stars – Average
Youth Recruitment: Above Average
Junior Coaching: Adequate
Corporate Facilities: Average
Reputation: 3 Stars – National
Finances: 3 Stars – Okay – Account Balance: -£1,329,228
Estimated Value: £8.52m
End of Season Stats
Most apperances: Manolo Reina (GK), José Ángel (DC,DM) – 53 appearances
Top Goalscorer: Borja Mayoral (STC) – 28 goals (25 League, 1 Spanish Cup, 2 Federation Cup)
Most Assists: Ariday (M/AMRL) – 10 assists (9 League, 1 Federation Cup)
Clean Sheets: Manolo Reina (GK) – 31 clean sheets (28 League, 3 Federation Cup)
Highest Average Rating: Lago Júnior (M/AMRL, STC) – 7.34 average rating