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Post by kustokie on Sept 1, 2020 17:39:19 GMT
Can an accountant help out here? If you sign a player for 14 million to a 3 year contract, can that 14 million be depreciated over 3 years? If so the residual value after two years is 4.67 million and the loss is 4.67 million minus the sale price.
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Post by Billy the kid on Sept 1, 2020 18:50:41 GMT
Can an accountant help out here? If you sign a player for 14 million to a 3 year contract, can that 14 million be depreciated over 3 years? If so the residual value after two years is 4.67 million and the loss is 4.67 million minus the sale price. Amortisation is the term you are looking for, and depending on the structure of the deal it is broadly as outlined above.
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Post by lordb on Sept 1, 2020 18:52:37 GMT
Another 6 weeks of this
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Post by FullerMagic on Sept 5, 2020 7:44:58 GMT
A report in Turkey that Galatasaray are in for him again.
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Post by Deleted on Sept 5, 2020 7:50:52 GMT
A report in Turkey that Galatasaray are in for him again. It’s more dragged out than the “Who shot Phil Mitchell?” saga is this.....
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Post by robwahlmann on Sept 5, 2020 8:08:49 GMT
They offered £900K and we want the double of that? Still relatively small money I'd say, it must be possible to find some middle ground here as we want to see him gone!?
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Post by gingerninja on Sept 5, 2020 10:21:33 GMT
Just go for heaven's sake. I am sick of players on massive wages not even being at the club whilst being paid. Does anybody know if he Etebo, Wimmer & Bauer are even at the club, or even in the country?.
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Post by spitthedog on Sept 5, 2020 10:33:18 GMT
Just go for heaven's sake. I am sick of players on massive wages not even being at the club whilst being paid. Does anybody know if he Etebo, Wimmer & Bauer are even at the club, or even in the country?. I think they spend their days roaming around Trentham Gardens preoccupying themselves with important existential questions like 'Is suffering a necessary part of human existence'?
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Post by iglugluk on Sept 5, 2020 10:56:53 GMT
Just go for heaven's sake. I am sick of players on massive wages not even being at the club whilst being paid. Does anybody know if he Etebo, Wimmer & Bauer are even at the club, or even in the country?. I think they spend their days roaming around Trentham Gardens preoccupying themselves with important existential questions like 'Is suffering a necessary part of human existence'? It seems to me, that in respect of that lot*, suffering is an inherent part of their existence at the club for anyone who cares about the club. * I would put Etebo at the bottom of the 'that lot' list
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Post by Olgrligm on Sept 5, 2020 11:59:17 GMT
A report in Turkey that Galatasaray are in for him again. Is there any indication why nobody wants him outside of Turkey, and vice versa?
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Post by FullerMagic on Sept 6, 2020 7:27:14 GMT
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Post by LGH87 on Sept 6, 2020 7:45:33 GMT
A report in Turkey that Galatasaray are in for him again. Is there any indication why nobody wants him outside of Turkey, and vice versa? This has always been the biggest mystery to me unless it’s gone unreported that it’s Badou’s preferred/chosen destination.
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Post by marwood on Sept 6, 2020 8:20:28 GMT
Is there any indication why nobody wants him outside of Turkey, and vice versa? This has always been the biggest mystery to me unless it’s gone unreported that it’s Badou’s preferred/chosen destination. They love him at Galatasaray and he appears to have played the football of his life there. I was at a Galatasaray home game in December and when word got out I was a Stoke fan, all they would talk to me about was Badou. And how terrible Nzonzi was . The latter was on the pitch
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Post by biglad180 on Sept 6, 2020 9:18:00 GMT
take the money and lets end this saga once and for all
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Post by FullerMagic on Sept 6, 2020 9:23:43 GMT
take the money and lets end this saga once and for all Sounds like we're back to talking about loans (albeit with a loan fee). So we'll be back here next year. Mind you, God only knows what's happening with Etebo, Wimmer and Bauer. Got to think Etebo will go somewhere (though how much of a wage contribution anyone will make is open to debate) But you'd have to be a very poorly run club to think Wimmer or Bauer were the answer to anything, let alone offer to pay their exorbitant wages
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Post by FullerMagic on Sept 6, 2020 9:36:49 GMT
Galatasaray have denied the story.
When even our better Bomb Squadders are impossible to shift, God help us
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Post by FullerMagic on Sept 6, 2020 10:48:04 GMT
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Post by Olgrligm on Sept 6, 2020 11:09:32 GMT
Galatasaray have denied the story. When even our better Bomb Squadders are impossible to shift, God help us I wonder what prompted that. They can't put out carefully worded statements slapping down every rumour.
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Post by mrcoke on Sept 6, 2020 11:54:53 GMT
Can an accountant help out here? If you sign a player for 14 million to a 3 year contract, can that 14 million be depreciated over 3 years? If so the residual value after two years is 4.67 million and the loss is 4.67 million minus the sale price. It is customary to depreciate assets over an appropriate period. For example a fixed asset like an office building wil usually be depreciated over a very long period like 25 to 50 years. Conversely something with a short life and liable to become quickly out of date and have little residual value will be written off immediately, if purchased with capital, e.g. computer software. Other assets will be depreciated over an appropriate period, e.g. a process plant that typically requires a major overhaul every 7 years will be depreciated over 7 years. A footbaĺler has zero book value at the end of his contract so it would be reasonable to depreciate over the period of his contract. Another variable though is the rate of depreciation. This can be "straight line" which means depreciated by an equal amount each year. Alternatively a company could accelerate depreciation, by taking more deprecuation in the early years, leaving less value to be written off in later years of the life of an asset. IMO an >30 footballer should be depreciated quickly as he wil have little resale value. It is common practice for companies to vary depreciation to manipulate the P & L account to minimise taxation, make the company more attractive to sell, give the illusion of an improving profitability*, etc. Good due diligence should suss this out. * to increase share demand/value
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Post by bolders on Sept 6, 2020 12:00:36 GMT
Galatasaray have denied the story. When even our better Bomb Squadders are impossible to shift, God help us I wonder what prompted that. They can't put out carefully worded statements slapping down every rumour. Used for bargaining so they don't sound too desperate.
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Post by cheekymatt71 on Sept 6, 2020 12:12:15 GMT
Will he stay or will he go now?
If he stays it will be trouble
If he goes it will be double
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Post by robwahlmann on Sept 6, 2020 12:16:22 GMT
Will he stay or will he go now? If he stays it will be trouble If he goes it will be double The Clash?
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Post by stokiejoe on Sept 6, 2020 12:21:17 GMT
Both Etebo and Ndiaye could be great assets if the were willing to put in a shift. Its in their best interests as players to showcase their ability. Its sad.
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Post by werrington on Sept 6, 2020 12:33:33 GMT
Both Etebo and Ndiaye could be great assets if the were willing to put in a shift. Its in their best interests as players to showcase their ability. Its sad. I always found when selected they did put a shift in tbf Trouble is they both apparently asked to leave the club and that’s the problem.
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Post by apb1 on Sept 6, 2020 12:40:53 GMT
Both Etebo and Ndiaye could be great assets if the were willing to put in a shift. Its in their best interests as players to showcase their ability. Its sad. I always found when selected they did put a shift in tbf Trouble is they both apparently asked to leave the club and that’s the problem. I would imagine it’s wages as well. FFP back in place now I think.
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Post by lordb on Sept 6, 2020 12:43:05 GMT
Galatasaray have denied the story. When even our better Bomb Squadders are impossible to shift, God help us I wonder what prompted that. They can't put out carefully worded statements slapping down every rumour. Indeed Perhaps they are concerned by a fan backlash if he signs for their rivals,Besiktas, and want to forestall that? Still very odd
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Post by werrington on Sept 6, 2020 12:50:37 GMT
I always found when selected they did put a shift in tbf Trouble is they both apparently asked to leave the club and that’s the problem. I would imagine it’s wages as well. FFP back in place now I think. Without a doubt
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Post by stokiejoe on Sept 6, 2020 13:15:13 GMT
Both Etebo and Ndiaye could be great assets if the were willing to put in a shift. Its in their best interests as players to showcase their ability. Its sad. I always found when selected they did put a shift in tbf Trouble is they both apparently asked to leave the club and that’s the problem. I agree with your analysis, they are good players and do put a shift in and I want them to stay but they must feel wanted if they are to do their utmost best.
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Post by crowey on Sept 6, 2020 13:24:25 GMT
... they do not want to play for our club. MON has told them “that’s fine, find another club”. Unfortunately they haven’t so far. Their problem, not ours. I feel we should be able to say fulfill the terms of your contract or we won’t pay you. Of course this will never happen
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Post by ChiefWiggum on Sept 6, 2020 14:14:47 GMT
Both Ndiaye and Etebo “too good” to play for little old Stoke in the Championship and yet nobody else wants them. Personally I hope neither ever play for us again and would prefer to see them rot in the reserves if we can’t shift them instead of bringing them back into the first team and playing them. What sort of message does it send to players here who actually do care and want to play for our club? Characters like this are the reason we are where we are and not still comfortable mid table in the Premier League.
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