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April 26 2024 8.58pm

All these players out of contract...

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View kev64's Profile kev64 Flag Cambs 04 Feb 21 1.02pm Send a Private Message to kev64 Add kev64 as a friend

Originally posted by grumpymort


Max was never on 170k a week some people make up so much rubbish and need to stop listening to articles which kept recycling this fake number Palace would never pay that and if they had Wilf would of expected same treatment when he renewed (Max was on £3,250,000 a year so around 62k a week excluding bonues)

We don't know that Bats is being paid that much from us clubs do not always pay 100% wages.

You have missed out a big point Max had to be paid off to leave he didn't go for free so lets say he was on 170k as you claim we wouldn't leave and only be paid 20k if you have a contract and it is to be terminated etc you pay what remains unless you can agree otherwise well he wouldn't take a massive hit would he.

These player will leave for free so we invested in them Ben and Sak £30m each we get 0 for them that is awful business the wages mean nothing they are assets.


Unfortunately like Meyer they are depreciated assets. Much like a Range Rover purchased 10 years ago for 70k is now worth zero but still costing you huge amounts in keeping the thing running.

Sakho , Tekkers and CW regardless of purchase cost are worth zero in the transfer market to us, nobody is going to buy them and pay the 100k wages and they won’t move unless it’s with it for them.

Like Meyer time to bite the bullet, put them on gumtree foc buyer to collect and use the freed up wages somewhere else.

 

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View BelfastEagle's Profile BelfastEagle Flag 04 Feb 21 1.10pm Send a Private Message to BelfastEagle Add BelfastEagle as a friend

Originally posted by grumpymort


Max was never on 170k a week some people make up so much rubbish and need to stop listening to articles which kept recycling this fake number Palace would never pay that and if they had Wilf would of expected same treatment when he renewed (Max was on £3,250,000 a year so around 62k a week excluding bonues)

We don't know that Bats is being paid that much from us clubs do not always pay 100% wages.

You have missed out a big point Max had to be paid off to leave he didn't go for free so lets say he was on 170k as you claim we wouldn't leave and only be paid 20k if you have a contract and it is to be terminated etc you pay what remains unless you can agree otherwise well he wouldn't take a massive hit would he.

These player will leave for free so we invested in them Ben and Sak £30m each we get 0 for them that is awful business the wages mean nothing they are assets.

They are not “assets” as they have no value... it’s deprecated to zero. Nobody wants them and they know that and won’t leave. Every time we give them another contract it just wastes millions in wages we will never get back. It’s throwing good money after bad.

 

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View doombear's Profile doombear Flag Too far from Selhurst Park 04 Feb 21 1.54pm Send a Private Message to doombear Add doombear as a friend

Originally posted by BelfastEagle

They are not “assets” as they have no value... it’s deprecated to zero. Nobody wants them and they know that and won’t leave. Every time we give them another contract it just wastes millions in wages we will never get back. It’s throwing good money after bad.


The question, of course, is 'Has the board written down their value to zero in the club's books?" If they have then we can let them all go. If not the board may decide to keep one of them so as to write him off in the accounts next year.

 

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View TheBigToePunt's Profile TheBigToePunt Flag 04 Feb 21 2.27pm Send a Private Message to TheBigToePunt Add TheBigToePunt as a friend

Originally posted by doombear


The question, of course, is 'Has the board written down their value to zero in the club's books?" If they have then we can let them all go. If not the board may decide to keep one of them so as to write him off in the accounts next year.

Do you mean that the clubs finances would list, under the heading 'assets' the current playing squad with a nominal transfer value next to each player, as part of the overall current value of the club?

Not my area of expertise at all, but I can see how it would work. You can't borrow money from a bank unless you have assets to secure it against, and for a football club that generally means having players you can sell if you have to. Not that borrowing from a bank is on the agenda, but I suppose the value of a club is relevant if someone wanted to buy it?

Is it not the case though that by reducing the wage bill we achieve similar credit? Would a post-Sakho, Benteke, Wickham, Meyer etc CPFC not have significantly greater affordability credentials for a loan?

I suppose not if we replaced those lot with equally expensive new players, but then we'd have replaced the assets anyway?

I'm asking this like you're the clubs accountant!

 

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View palace99's Profile palace99 Flag New Mills 04 Feb 21 4.36pm Send a Private Message to palace99 Add palace99 as a friend

Originally posted by TheBigToePunt

Do you mean that the clubs finances would list, under the heading 'assets' the current playing squad with a nominal transfer value next to each player, as part of the overall current value of the club?

Not my area of expertise at all, but I can see how it would work. You can't borrow money from a bank unless you have assets to secure it against, and for a football club that generally means having players you can sell if you have to. Not that borrowing from a bank is on the agenda, but I suppose the value of a club is relevant if someone wanted to buy it?

Is it not the case though that by reducing the wage bill we achieve similar credit? Would a post-Sakho, Benteke, Wickham, Meyer etc CPFC not have significantly greater affordability credentials for a loan?

I suppose not if we replaced those lot with equally expensive new players, but then we'd have replaced the assets anyway?

I'm asking this like you're the clubs accountant!

i think Spurs were the first football club to list players as an asset.

The issue is that players are difficult to value, and an asset can quickly become a liability.

Meyer is a classic example. When we signed him we probably thought we'd saved about £20m in transfer fees, so gave him an inflated salary. After a few months it was pretty obvious he wouldn't cut it and then he suddenly became an expensive liability. Even giving him a free transfer wouldn't work as his salary was so high and no one would be prepared to pay him anywhere near the level we were paying.
Hence we had to pay him off.

 

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View TheBigToePunt's Profile TheBigToePunt Flag 04 Feb 21 5.06pm Send a Private Message to TheBigToePunt Add TheBigToePunt as a friend

Originally posted by palace99

i think Spurs were the first football club to list players as an asset.

The issue is that players are difficult to value, and an asset can quickly become a liability.

Meyer is a classic example. When we signed him we probably thought we'd saved about £20m in transfer fees, so gave him an inflated salary. After a few months it was pretty obvious he wouldn't cut it and then he suddenly became an expensive liability. Even giving him a free transfer wouldn't work as his salary was so high and no one would be prepared to pay him anywhere near the level we were paying.
Hence we had to pay him off.

You're absolutely right, though at the same time it would be interesting to compare the transfer market value of any premier league squad with the value of everything else they own (stadium, training ground etc).

We, for instance, hope to build the new stand for two Aaron Wan-Bissakas!

It does beg the question as to whether the club might have other reasons for retaining some of the out of contract players this summer, which is what doombear was perhaps pointing out?

 

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View beak's Profile beak Flag croydon 04 Feb 21 5.14pm Send a Private Message to beak Add beak as a friend

Originally posted by palace99

i think Spurs were the first football club to list players as an asset.

The issue is that players are difficult to value, and an asset can quickly become a liability.

Meyer is a classic example. When we signed him we probably thought we'd saved about £20m in transfer fees, so gave him an inflated salary. After a few months it was pretty obvious he wouldn't cut it and then he suddenly became an expensive liability. Even giving him a free transfer wouldn't work as his salary was so high and no one would be prepared to pay him anywhere near the level we were paying.
Hence we had to pay him off.

I can value Townsend quite easily.

 

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View TheBigToePunt's Profile TheBigToePunt Flag 04 Feb 21 5.24pm Send a Private Message to TheBigToePunt Add TheBigToePunt as a friend

Originally posted by beak

I can value Townsend quite easily.

Quite possibly so, but by the sounds of things you mustn't tell the bank!

 

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View eagleman13's Profile eagleman13 Flag On The Road To Hell & Alicante 05 Feb 21 5.51pm Send a Private Message to eagleman13 Holmesdale Online Elite Member Add eagleman13 as a friend

Just been released, the final 25 squad list

[Link]

*CAUTION* It contains 2 names you might not like to see.

 


I'm a blind man, i'm a blind man, now my room is cold,
When a blind man cries, Lord, he feels it from his soul.
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View TheBigToePunt's Profile TheBigToePunt Flag 05 Feb 21 7.04pm Send a Private Message to TheBigToePunt Add TheBigToePunt as a friend

Originally posted by eagleman13

Just been released, the final 25 squad list

[Link]

*CAUTION* It contains 2 names you might not like to see.

Only two?....!

The club have had the good sense to explain the homegrown and u21 rules again. There are players not in the official squad who will play far more than some who are.

 

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View Charles's Profile Charles Flag Forest Hill 06 Feb 21 12.06am Send a Private Message to Charles Add Charles as a friend

Wilfried Zaha £130,000
Cheikhou Kouyate £65,000
Luka Milivojevic £55,000
Jairo Riedewald £55,000
James McCarthy £50,000
Jack Butland £44,000
Jordan Ayew £32,500
Eberech Eze £30,000
James Tomkins undisclosed

These are the only players with current contracts running into next season
(Originally posted by Lanzo-Ad )

This list excludes Nathan Ferguson who signed on a three year deal. Maybe because he doesn't have to be named in the 25 man squad? Might the same apply to Tyrick Mitchell?

Edited by Charles (06 Feb 2021 12.11am)

 

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