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Post by lordb on Jun 23, 2022 7:06:48 GMT
Anything above 1m would be a great result. Anything would be a great result |
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Post by theonlooker on Jun 23, 2022 8:12:31 GMT
The sight of uber sensible posters on here recognising that anything above a free transfer for a player that cost 12M is a result, is pretty symbolic of how this club has been run for the last 5 years.
Understandable all things considered, but a sad indictment all the same.
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Post by cymap on Jun 23, 2022 8:19:37 GMT
Assuming we paid £12.5m on a 5 yr contract for him would we now need at least £2.5m to avoid reporting as a loss for FFP?
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Post by lordb on Jun 23, 2022 8:21:54 GMT
Assuming we paid £12.5m on a 5 yr contract for him would we now need at least £2.5m to avoid reporting as a loss for FFP? Depends if it was simply spread over the 5 years or if we paid a bigger slice up front with the rest spread |
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Post by march4 on Jun 23, 2022 8:25:39 GMT
Assuming we paid £12.5m on a 5 yr contract for him would we now need at least £2.5m to avoid reporting as a loss for FFP? Depends if it was simply spread over the 5 years or if we paid a bigger slice up front with the rest spread It must be a consideration though. Hopefully, we have negotiated a fee that does not penalise us under FFP. |
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Post by ontheup on Jun 23, 2022 8:34:29 GMT
Assuming we paid £12.5m on a 5 yr contract for him would we now need at least £2.5m to avoid reporting as a loss for FFP? Weren't the values of a lot of the big contracts written down due to COVID meaning it wouldn't be that much? |
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Post by bolders on Jun 23, 2022 8:36:46 GMT
Assuming we paid £12.5m on a 5 yr contract for him would we now need at least £2.5m to avoid reporting as a loss for FFP? Plus if we had any loan fees given to us. They would be taken off the £2.5m needed to clear ffp |
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Post by thebet365 on Jun 23, 2022 8:42:53 GMT
Depends if it was simply spread over the 5 years or if we paid a bigger slice up front with the rest spread It must be a consideration though. Hopefully, we have negotiated a fee that does not penalise us under FFP. Number 1 it doesn't matter how it's paid, the purchase price is spread over the contract length. It could be Debit Asset - Credit Bank or Debit Asset - Part Credit Bank - Part Credit Creditors Either way it's Asset Price divided by contract length that hits the P & L which is what effects FFP. Number 2 We wrote off around 50-60 million in extra player ammortisation during covid, this will almost certinly have written any players not part of the 1st team down to 0. Clever accounting to prevent us being handcuffed now. |
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Post by lordb on Jun 23, 2022 8:55:59 GMT
Depends if it was simply spread over the 5 years or if we paid a bigger slice up front with the rest spread It must be a consideration though. Hopefully, we have negotiated a fee that does not penalise us under FFP. Tbh it's really simple, if we don't get the minimum we need to avoid going as a loss re FFP we don't sell him |
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Post by lordb on Jun 23, 2022 8:57:04 GMT
It must be a consideration though. Hopefully, we have negotiated a fee that does not penalise us under FFP. Number 1 it doesn't matter how it's paid, the purchase price is spread over the contract length. It could be Debit Asset - Credit Bank or Debit Asset - Part Credit Bank - Part Credit Creditors Either way it's Asset Price divided by contract length that hits the P & L which is what effects FFP. Number 2 We wrote off around 50-60 million in extra player ammortisation during covid, this will almost certinly have written any players not part of the 1st team down to 0. Clever accounting to prevent us being handcuffed now. I see so original question would have been correct but isn't anymore re the measures we took? |
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Post by Laughing Gravy on Jun 23, 2022 9:00:37 GMT
Assuming we paid £12.5m on a 5 yr contract for him would we now need at least £2.5m to avoid reporting as a loss for FFP? That would be largely offset by his wages being removed from the books though wouldn’t it? |
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Post by thebet365 on Jun 23, 2022 9:05:31 GMT
Number 1 it doesn't matter how it's paid, the purchase price is spread over the contract length. It could be Debit Asset - Credit Bank or Debit Asset - Part Credit Bank - Part Credit Creditors Either way it's Asset Price divided by contract length that hits the P & L which is what effects FFP. Number 2 We wrote off around 50-60 million in extra player ammortisation during covid, this will almost certinly have written any players not part of the 1st team down to 0. Clever accounting to prevent us being handcuffed now. I see so original question would have been correct but isn't anymore re the measures we took? Edit - Misunderstood, yes original question would have been right. |
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Post by lennythegoose on Jun 23, 2022 9:08:41 GMT
The sight of uber sensible posters on here recognising that anything above a free transfer for a player that cost 12M is a result, is pretty symbolic of how this club has been run for the last 5 years. Understandable all things considered, but a sad indictment all the same. More and more common nowadays though e.g. Pogba at United, Liverpool with choices to make over Salah and Mane etc Clearly bites more when it’s £12m on Benik bleeding Afobe of course |
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Post by benjaminbiscuit on Jun 23, 2022 9:08:50 GMT
I can't believe we've found a buyer for him. This doesn't make my old friend Tony look very good.. I think your going to have put that one down as drunken moment of misjudgement when you were emotionally vulnerable as every day that’s passes and every little improvement further exposes him as the rat he truly was but we all know sometimes it’s hard to see through the combined lens of drink and lust |
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Post by crouchpotato1 on Jun 23, 2022 9:12:06 GMT
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Post by ontheup on Jun 23, 2022 9:20:21 GMT
I can't believe we've found a buyer for him. This doesn't make my old friend Tony look very good.. I think your going to have put that one down as drunken moment of misjudgement when you were emotionally vulnerable as every day that’s passes and every little improvement further exposes him as the rat he truly was but we all know sometimes it’s hard to see through the combined lens of drink and lust 'the combined lens of drink and lust' excellent. Much more eloquent than the 'ten pint queen' we used to use in my youth. |
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Post by iancransonsknees on Jun 23, 2022 9:23:07 GMT
It must be a consideration though. Hopefully, we have negotiated a fee that does not penalise us under FFP. Number 1 it doesn't matter how it's paid, the purchase price is spread over the contract length. It could be Debit Asset - Credit Bank or Debit Asset - Part Credit Bank - Part Credit Creditors Either way it's Asset Price divided by contract length that hits the P & L which is what effects FFP. Number 2 We wrote off around 50-60 million in extra player ammortisation during covid, this will almost certinly have written any players not part of the 1st team down to 0. Clever accounting to prevent us being handcuffed now. Really clever accounting would have been not to waste the money in the first place. |
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Post by davethebass on Jun 23, 2022 9:42:22 GMT
I think you meant to say Nick Hayward. Justin Hayward was front man for the Moody Blues, and a comparitive superstar. Yes you and Muffin are right I have a great liking of Forever Autumn from the war of the worlds and that got into my head, sorry Nick! That War of the Worlds is brilliant! Used to have it on tape, think its on youtube now, gonna go look see, and listen to it all again! Thanks for reminding me of it! Happy days |
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Post by theonlooker on Jun 23, 2022 9:45:11 GMT
I can't believe we've found a buyer for him. This doesn't make my old friend Tony look very good.. I think your going to have put that one down as drunken moment of misjudgement when you were emotionally vulnerable as every day that’s passes and every little improvement further exposes him as the rat he truly was but we all know sometimes it’s hard to see through the combined lens of drink and lust Let's be honest though, if said rat hadn't have got off his lazy arse and got a job at the PL, he'd still be running the show here and no doubt trousering a pay rise to boot. |
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Post by chiswickpotter on Jun 23, 2022 9:56:39 GMT
Depends if it was simply spread over the 5 years or if we paid a bigger slice up front with the rest spread It must be a consideration though. Hopefully, we have negotiated a fee that does not penalise us under FFP. Almost certainly we have already written his value down to zero or close to it. As far as FFP is concerned, because his wages and any outstanding value are already in this season’s budget, every penny of his salary we save and any fee we get is all extra income for us. |
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Post by Squeekster on Jun 23, 2022 10:22:44 GMT
Yes you and Muffin are right I have a great liking of Forever Autumn from the war of the worlds and that got into my head, sorry Nick! That War of the Worlds is brilliant! Used to have it on tape, think its on youtube now, gonna go look see, and listen to it all again! Thanks for reminding me of it! Happy days They did a remastered digital version on CD which I have and is excellent. |
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Post by somersetstokie on Jun 23, 2022 10:26:19 GMT
Looks like we are actually going to get a fee! Blimey. I wonder if it'll be any more than nominal? Stoke have agreed a deal in principle with Club Brugge for the sale of Benik Afobe. The 29-year-old has agreed personal terms and is travelling for a medical today. Watford and Millwall - where he spent last season on loan - had been interested in signing the striker, but he has opted to head to Belgium for the next chapter in his career. Final negotiations on the fee that is due to Stoke are now being completed. Afobe will be playing Champions League football with the Belgian champions. "Final negotiations on the fee?" I expect we are arguing down to the last £150. |
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Post by Mr_DaftBurger on Jun 23, 2022 10:31:22 GMT
That War of the Worlds is brilliant! Used to have it on tape, think its on youtube now, gonna go look see, and listen to it all again! Thanks for reminding me of it! Happy days They did a remastered digital version on CD which I have and is excellent. No one would have believed that in the twenty first century Stoke City...... |
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Post by thebet365 on Jun 23, 2022 10:32:24 GMT
Presumambly any fee we get will be to pay off Afobe so that Club Brugge can get him to sign a lower contract.
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Post by cvillestokie on Jun 23, 2022 11:07:47 GMT
Presumambly any fee we get will be to pay off Afobe so that Club Brugge can get him to sign a lower contract. Which, if true, further highlights the ridiculousness of it all: signing a player on a contract that Champions League money can’t even contend with. |
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Post by lordb on Jun 23, 2022 11:17:25 GMT
Presumambly any fee we get will be to pay off Afobe so that Club Brugge can get him to sign a lower contract. Which, if true, further highlights the ridiculousness of it all: signing a player on a contract that Champions League money can’t even contend with. are Brugge guaranteed in the group stages or do they still have to qualify? if the latter then world of difference for them re budget planning |
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Post by FullerMagic on Jun 23, 2022 11:18:34 GMT
Pete Smith's just retweeted this instant Rowett classic Cheers, Gary Cheers, Kev. www.shropshirestar.com/sport/football/wolverhampton-wanderers-fc/2018/03/19/kevin-phillips-so-much-change-in-the-championship/When I first joined Derby two-and-a-half years ago with Paul Clement we sat down and I remember clearly he asked what it would take to get promoted and I said to go and sign Benik Afobe. Paul thought it would cost £15m to sign him and I remarked that’d be the difference between going up or not. That’s how highly I rate the guy at this level – he will guarantee you goals with the right service. The fans love him, he feels comfortable at the club and he’s got a number of players who can create chances for him, so it’s a great fit for Benik and Wolves. |
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Post by Deleted on Jun 23, 2022 11:24:39 GMT
Number 1 it doesn't matter how it's paid, the purchase price is spread over the contract length. It could be Debit Asset - Credit Bank or Debit Asset - Part Credit Bank - Part Credit Creditors Either way it's Asset Price divided by contract length that hits the P & L which is what effects FFP. Number 2 We wrote off around 50-60 million in extra player ammortisation during covid, this will almost certinly have written any players not part of the 1st team down to 0. Clever accounting to prevent us being handcuffed now. Really clever accounting would have been not to waste the money in the first place. We backed a manager who spent it as badly as he could have. Not going to change now |
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Post by Fred Merger on Jun 23, 2022 11:27:33 GMT
Has he gone yet? 😉
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Post by withnall on Jun 23, 2022 11:28:47 GMT
Pete Smith's just retweeted this instant Rowett classic "so it’s a great fit for Benik and Wolves." Shows how much Rowett knows. The twat can't even spell Benny properly. |
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