Transfer Rumours Transfer Rumours - Summer 2018
- Thread starter SaintsForTheWin
- Start date
-
Please bear with us on the new site integration and fixing any known bugs over the coming days. If you can not log in please try resetting your password and check your spam box. If you have tried these steps and are still struggling email [email protected] with your username/registered email address
-
- Status
I’m looking forward to his article with a video showing Gao’s face being peeled off as it’s really a mask and Cortese’s face grinning and saying “Mwah ha ha ha - you shouldn’t have forced me out. Now you’ll pay!”
Pretty sure that our incoming business is done. Started the transfer window like Bolt in the 100 meters, but then realised it was a marathon, and feel we are going to fall short of 1 or 2 crucial additions. Oh well, I’ve already had enough of the transfer deadline day, so here’s to our season kicking of on Sunday. COYR
Regardless of whether we consider it to be a successful window for Saints or not, I am a HUGE fan of the transfer window shutting before the season starts.
A little over 17 hours until the end of this thread and we can all wish what could have been........
We're doomed. We will be league one by this time next week.
Admittedly a bit back of the *** packet-ish and I am assuming "Average three year player trading profit" means just that and includes player ammortisation going out rather than just profit on player sales. Otherwise it should surely be called "Average three year player selling profit".The 2016-17 accounts are published so I used that and only included players that were bought for a not insignificant amount of money.
You must log in or register to see images
A 0.91m three year average profit amounts to a 13.65m transfer fee spread over 5 years. So yeah, I think we are one signing away from spending our transfer profit leaving us limited to the 7m allowed wage increase. And like I said about Carrillo, his transfer fee and short contract blew a massive hole in our transfer profit, so I assume that is what Peach is referring to.
That's not how profit on player sales is determined; look at our financial results instead. Our declared profit on player sales in 2014-15 was £41m. In 2015-16, it was £29m. In 2016-17, it was £42m. And last year, it was likely even higher.
It is what it is tho. Isn’t it what we already knew? Some dickhead dropped 20m on a below average player and we have a 20m hole in our transfer budget. He didn’t just say we were up **** creek and all our money has been siphoned off. That’s what the internet randoms are doing. If you uncover watergate, fair enough, I’ll read the sticky at the top of the page.
Only player trading for 2016-17, 2017-18 and 2018-19 go into this year's STCC calculations. And the figures you are quoting are the profit on player sales (transfer fee minus the remaining purchase fee that has yet to be amortised), the rulebook says "player trading profit". It might be the same thing or it might not but I don't think it makes much sense for it to mean the same as "player selling profit" as that would effectively make amortisation free as far as STCC so a club can artificially boost their wage cap by selling players with a year or two left on their contracts so therefore, from the £42.1m sales profit we made in 2016-17 I subtracted 28.8 in amortisation and impairments. The rulebook gives no explanation as to how it is calculated though so I could be wrong and "trading profit" = "selling profit" nonsensical though I think that would be.
Last edited:
Swiss Ramble uses them interchangeably, so I'm fairly sure they're the same thing. And yeah, the rules are a mess.
That's exactly why Chelsea operates in the fashion that they do with young loanees. Whoever thought it was a great idea to turn a bit of accounting fiction into league regulations should be fired into the sun.
Basically, there are two possibilities as far as I can see: the FFP regulations were rushed, and consequently have a loophole that you could sail a cruise ship through, or the FFP regulations are really only intended to be window-dressing that set an extreme upper bound for teams that are determined to go bankrupt. My suspicion is the latter; they came into being roughly around the time that the crisis of overspending Premier League teams ended, and now no one is particularly fussed. Wage-to-turnover ratio is lower than it has been in probably 50 years, and will probably drop further next season with the increased revenues. But they still want to have something on the books that suggests they are taking overspending seriously.
Last edited:
To be fair to him he was directly answering my question about whether or not we could financially handle relegation.
Why don’t we wait until it happens before we start worrying about it? A ball hasn’t even been kicked yet, and we’ve already been relegated and gone bankrupt.
No one has suggested that we're already relegated. Rather, that we should have a major incentive to do our utmost to avoid relegation, including spending more now, because relegation is an increasingly terrifying prospect.
Not sure anyone is saying that we're already relegated, some are just saying that if Carrillo is genuinely holding us back that much then our finances could be bleak.
- Status