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April 25 2024 4.48pm

So what are our ambitions Steve?

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View orpingtoneagle's Profile orpingtoneagle Flag Orpington 18 Jul 18 11.17am Send a Private Message to orpingtoneagle Add orpingtoneagle as a friend

Could be anyone. I seem to remember when Leeds collapsed it came out they had been signing players on 3 year contracts but paying the fees over 5 years!

The world of football finance is a muddy murky world.

 

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View Palace in the Blood's Profile Palace in the Blood Flag 18 Jul 18 11.34am Send a Private Message to Palace in the Blood Add Palace in the Blood as a friend

Originally posted by new_in_Wait
rough diamonds these days cost at least 10M each. Apparently we don't even have that.

Any source to give substance to your statement?

 

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View Palace in the Blood's Profile Palace in the Blood Flag 18 Jul 18 11.49am Send a Private Message to Palace in the Blood Add Palace in the Blood as a friend

Originally posted by Rudi Hedman

That last sentence smells like bullsh1t. Who have we sold who would’ve cost so much when we bought them we’d still be paying off the instalments?

I agree with you. Anyone we have sold is almost certainly paid off. For practical reasons which club would buy the contract for a player where another club still has a financial interest. It is quite common for transfer payments to be in installments over the contract period however if a player is sold during the contract then the balance is due. It is possible I suppose that the buying club take over those payments. The players who we are still paying for are probably Sakho, Benteke, Schlupp and Van Arnholt. Purchases from abroad often have a shorter payment period so Luka was probably paid in Full and Solorth may still have a little to go. If you remember we lost a purchase last year because selling club would not accept payment terms

 

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View new_in_Wait's Profile new_in_Wait Flag Lewisham 18 Jul 18 12.03pm Send a Private Message to new_in_Wait Add new_in_Wait as a friend

Originally posted by Palace in the Blood

Any source to give substance to your statement?

Well, 'rough diamond' is not an actual footballer, but a class. Ollie Watkins seems to fit the bill and he would actually cost more than that.

How much would you sell Kaikai for?

 

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View Midlands Eagle's Profile Midlands Eagle Flag 18 Jul 18 12.34pm Send a Private Message to Midlands Eagle Add Midlands Eagle as a friend

Originally posted by Palace in the Blood


Anyone we have sold is almost certainly paid off. For practical reasons which club would buy the contract for a player where another club still has a financial interest. It is quite common for transfer payments to be in installments over the contract period however if a player is sold during the contract then the balance is due.

Do you know that as fact or are you guessing?

 

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View turbohorsebox's Profile turbohorsebox Flag Coulsdon 18 Jul 18 12.38pm Send a Private Message to turbohorsebox Add turbohorsebox as a friend

I'll be glad when the season starts and we can worry about things that are actually going wrong rather than just a perceived lack of activity.

 


All good. Nothing bad.

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View becky's Profile becky Flag over the moon 18 Jul 18 12.52pm Send a Private Message to becky Holmesdale Online Elite Member Add becky as a friend

Originally posted by Rudi Hedman

That last sentence smells like bullsh1t. Who have we sold who would’ve cost so much when we bought them we’d still be paying off the instalments?

Well, it wasn't Calvin Andrew, that's for sure

 


A stairway to Heaven and a Highway to Hell give some indication of expected traffic numbers

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View Hrolf The Ganger's Profile Hrolf The Ganger Flag 18 Jul 18 1.44pm Send a Private Message to Hrolf The Ganger Add Hrolf The Ganger as a friend

Originally posted by becky

Well, it wasn't Calvin Andrew, that's for sure

We are still paying for Ade Akinbiyi.

 

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View Palace in the Blood's Profile Palace in the Blood Flag 18 Jul 18 4.28pm Send a Private Message to Palace in the Blood Add Palace in the Blood as a friend

Originally posted by Midlands Eagle
Do you know that as fact or are you guessing?


You missed out rest of post which explained only way it could happen. When you buy a house on a mortgage that you later sell the mortgage must be settled before transfer of deeds can take place. Similarly if you contract to buy a players contract and agree to pay over length of contract if that contract is terminated by a sale then balance is due. Otherwise if the club defaults on payment who owns players contract?

Thats why it would theoretically be possible for a sale contract to transfer periodic payments onto buying club. However unless original contract specified this the original club would have to agree and why would they? It may be difficult to enforce.

It is possible that any monies from a sell on clause may be paid for a while after a player is sold as the money receipt may well be structured.

Unless you are party to the contract or have seen all clauses then nothing is fact but is educated deduction from a legal point of view.

The bottom line is the Selling club want their money and the quicker they get that the better for them and cashflow. So where buying club agrees to purchase outright then price is often lower. A club like Villa need to sell to reach FFP requirements. They are reported to want £30 million for Grealish which may be a lump sum and then structured over 5 years of a contract. So if you assume that about £8 million is Lump remaining 22 in 4 12 monthly payments. Probably the size of that lump sum is all important as that may take them outside FFP and any possible transfer ban. How much would they reduce price if they got all up front? or over 24 months


Edited by Palace in the Blood (18 Jul 2018 4.33pm)

 

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 18 Jul 18 4.44pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

Originally posted by Midlands Eagle

Mutch?

Bad value, yes. Financially crippling? No.

 


COYP

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View Rudi Hedman's Profile Rudi Hedman Flag Caterham 18 Jul 18 4.54pm Send a Private Message to Rudi Hedman Add Rudi Hedman as a friend

.

Edited by Rudi Hedman (18 Jul 2018 5.13pm)

 


COYP

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View Forest Hillbilly's Profile Forest Hillbilly Flag in a hidey-hole 18 Jul 18 5.11pm Send a Private Message to Forest Hillbilly Add Forest Hillbilly as a friend

In businesses, and I would guess in football, you maybe have a couple of plans running simultaneously.

Long Term Plan : to become the most successful club in England/Europe
Short Term plan : make lots of money to bankroll LTP.
Then you always have conflicts between departments. Manager v accountants is the obvious one.

Just doing things better would be a good start for the backroom staff. Look at the ways other clubs operate and try to refine your own operations.

I am beginning to think SP is some kind of Superhero. No matter how many times he looks to have fallen in the 5hlt, he always comes up smelling of roses.

 


"The facts have changed", Rishi Sunak

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