comment by Edinspur (U1109)
posted 3 minutes ago
So he has a 5 year deal contract that he has signed from us? Surely that means the purchase has been triggered then?
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Well the loan finished June 30th and he was back training with us this week so I assume we’ve triggered it and just not announcing it

comment by The Hybrid Doos (U10416)
posted 6 minutes ago
Kulus is obligation to buy when we are drawn in the group stages of the CL
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comment by MK (U9129)
posted 3 minutes ago
comment by Edinspur (U1109)
posted 3 minutes ago
So he has a 5 year deal contract that he has signed from us? Surely that means the purchase has been triggered then?
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Well the loan finished June 30th and he was back training with us this week so I assume we’ve triggered it and just not announcing it
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Yeah thats a good point, I guess that does eat into our "warchest" funds then - of which we released only £100m so far?

Assuming he went for 45m - then we've commited to ~£120m in transfer fees, plus probably another £20m in signing bonuses/agent fees etc.

Around £140m outlay so far then, but a lot of the transfer fees will be in payment installments across the player(s) contracts.

Boring accounting intermission.. I know the fees are generally amortised over the contract period but that's just cash-flow, right? I mean, they're still on the books as a 60m liability or whatever. It's just long term vs short term

Basically, I would assume the Richarlison fee is 'spent' from our budget even if it hasn't all come out the bank

For FFP purposes they get amortised - I also believe its done that for financial accounting purposes.

I would imagine against an injection of cash they wouldn't class it as spent though? Because all they would have spent would be signing on fees + initial payment fee right? They would just hold the rest as a liability I'd imagine.

Its just a guess but when you see other (way worse run clubs) like Barcelona try and manipulate the system. They've sold 10% their future equity of Spanish TV rights to a bank for a lump-sum to cover initial costs.

Using that thought process and extrapolating it a bit, this suggests that teams look at the short term.

Right. I guess there's 2 aspects. Even if we paid 60m up front the player's value would be amortised like any other asset. The actual capital has to be there though, in some form at least, for the deal to go through even if it's paid in installments. Like ours or Barca's cash infections have to be there however the deals are structured.

I'm thinking of Dele to Everton makes me right. It couldn't be a paid transfer of any amount or a loan with obligation as that'd show as a liability. Only when the clauses are activated would it show on the books.

Anywho. Yes. I'd assume Romero and Deki (once the CL groups are announced) are effectively paid for already. How much of that comes out of the 150m I dunno

Yeah thinking more about it, Bournemouth sold a player once and instead of waiting for the money to come in - they put it against a bank loan to get the capital upfront.

So all those deals have probably gone against the liability, which would mean the full ‘war chest’ is mostly spent.

Agreed Edin. Which might explain why the Spence deal is taking so long - we likely need the Bergwijn money to complete it

comment by Bãles left boot (U22081)
posted 2 hours, 7 minutes ago
Right. I guess there's 2 aspects. Even if we paid 60m up front the player's value would be amortised like any other asset. The actual capital has to be there though, in some form at least, for the deal to go through even if it's paid in installments. Like ours or Barca's cash infections have to be there however the deals are structured.

I'm thinking of Dele to Everton makes me right. It couldn't be a paid transfer of any amount or a loan with obligation as that'd show as a liability. Only when the clauses are activated would it show on the books.

Anywho. Yes. I'd assume Romero and Deki (once the CL groups are announced) are effectively paid for already. How much of that comes out of the 150m I dunno
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Thought Romano tweeted Kulu's transfer would be made perm next summer and he will stay on loan until then?

That was the original agreement, 18 month. If we qualify for the CL, next season we pay €5m extra. €10m loan fee then €35m IF we qualify for the CL. If we don't then then the fee is €30m. This will be paid over the course of his contract.

Romero on the other hand should be made perm this window. He signed a 6 year contract! Again you would expect the fee to paid over the course.

What I'm saying Luka is paid over the course of the contract or no, once a fee is agreed that's on the books. If Doos is right - and it's €35m on qualification that will appear in the accounts right then. Not a fraction of it.

Amortization is reflected in player and club values, installments helps with cash flow. But in FFP terms that money is spent already

I’d imagine the Kulu transfer isn’t reflected on the books as we haven’t committed yet though?

CBA to Google but the terms "on CL qualification" would leave me to believe once that's formalised we've met the 35m clause. Whether that's the second we finish fourth or there's UEFA paperwork that has to happen i dunno

May B

BLB. Sucking the fun out of the transfer window

The way I understand it, he is on loan regardless of CL qualification this season. The options to buy is for both this season and next. If he is still on loan until next season and we qualify for the CL we pay more.

The option to buy this season is fixed at £24.9m. CL qualification does not come into play for the fee. Only next season.

Huh. So it's only an option? Interesting. In that case we're definitely better off waiting to sign him. Still got the option to send him back if something terrible happens, plus it effectively gives us a longer contract.

I renewed my FPL league

I don't have the commitment levels for fantasy football

comment by Bãles left boot (U22081)
posted 6 minutes ago
I don't have the commitment levels for fantasy football
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Me neither

Prob check it once a month

I used to do a fiver every year at work and not bother after the first month. Doing subs and all that, changing your captain.. too much like hard work

comment by Bãles left boot (U22081)
posted 2 minutes ago
I used to do a fiver every year at work and not bother after the first month. Doing subs and all that, changing your captain.. too much like hard work
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But at the start of the season you said "I'm going to make myself proud"

Lol. On that note, did anyone do a decent write-up on why Nuno failed so badly with us? Poor guy seemed to never have it in him

https://www.instagram.com/tv/CfvmEj6rTsm/?utm_source=ig_web_copy_link

😢