I kinda understand most of your workings out but surely the 5 year release costs could only be realised/offset if they still had 5 years left on their contracts? Darlow and Lewis’s contracts have 2 years left to run and Maxi’s has 3. I’ve had a mental day at work and have very little blood left in my brain so I may well be looking at it all wrong! Just not sure how you arrive at your 5 year release figures for player sales. Player purchases and amortisation over 5 years I get!
Look, if Fadge can turn a £3m sale into a £30m transfer kitty then he can definitely do my tax return for me. Don't question it, just be thankful.
It just shows what the sale of each player and the release of their wages gives us as a bottom line benefit today - in the current FFP window. Player sales are always recognised 100% at point of sale (less any remaining amortisation, should it exist). Simplistically - If we sell a player for £10m, that releases the ability to sign a player for £50m by putting him on a 5 year contract, amortising the fee for £10m a year. It makes no odds what contract the player we sold was on, as long as he wasn't at that time part of an amortisation - none of our players were as Fat Mike didn't amortise the fees. If that player was also earning £2m a year, that means we can also spend that £2m on a new players wages. The FFP release figure is the Fee, plus the wages x 5. So selling a player for £10m and releasing his wages of £2m gives us £12m to spend in the FFP calc - PER YEAR. That means we can sign a player for £50m and pay him £10m over 5 years by amortising the £50m fee at £10m a year, as well as paying him £2m a year in wages. If, hypothetically, a player we sold had his original £10m fee amortised over a 5 year contract and we sold him for £10m at year 4, we would only see £8m benefit on the fee for the FFP calc. £2m amortisation was yet to be realised. This isn't printing money - we crucially need to grow the revenues at the club to keep up with aggressive amortisation. This is just how we and other clubs will use funds to navigate the FFP restrictions, which allow you to amortise a transfer fee over a 5 year period (max).
Be a great outcome, as we'd get to claim on insurance. Needn't be as obvious as being shot... A freak yachting accident would suffice.
Most likely. I thought we might keep him at the club this year, purely just to meet the FFP 'home grown, club trained' requirement.
We can hardly give away some of our dross. The best we can hope for is wage reduction, IF anyone is willing to take them. Why hasn't Maxi been confirmed yet? Are PL bowing down to Liverpool & Man U pressure to analyse every single thing we do?
