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The #LUFC Breakfast Debate (Tuesday 18th June)

Discussion in 'Leeds United' started by ellandback, Jun 18, 2024.

  1. ellandback

    ellandback Well-Known Member
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    perfect1.jpg

    Good Morning. It's Tuesday 18th June, and here are the latest headlines from Elland Road

    Brighton open talks over Summerville move

    Brighton are now hot favourites to sign Leeds ace Crysencio Summerville, after talkSPORT revealed they are in talks over a permanent Summer deal.

    The Seagulls are the first club to put their cards on the table regarding a proposed £30m. The fee may sound a little light, but firm interest could very well force other top flight clubs to show their hands, and a bidding war could take place. The Dutch maestro joined the Whites in 2020 for just £1.5m. He has made 77 first team league appearances, and netted 23 times.

    Brighton have a reputation for getting their business done quickly, and without fuss; something that will appeal to the Leeds board. It has been widely speculated that Leeds want to sell before splashing out too much this Summer, but if they can raise £75m with the sales of Summerville, Gnonto and Harrison, they'll stay the right side of FFP, and have money left over for purchases.

    That's not to say that other Leeds players won't leave the club this Summer, but at least they'll be doing so on Leeds terms!

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    Can Everton raise £40m+ for double Leeds swoop

    Everton have revived their interest in Wilfred Gnonto, and could join Jack Harrison at Goodison Park next season.

    Gnonto, still only 20, came close to joining the Toffee's last Summer, but the Elland Road board wouldn't budge from their £25m - £30m estimation, leading the Italian International to go on strike in a bid to force the move.

    He was frozen out of first team affairs, and made to train by himself, but was welcomed back to the fray after apologising to Daniel Farke. He has another three years left on his contract, so Leeds can afford to spurn Everton's advances, but the Whites need to raise capital this Summer, to stay on the right side of Financial Fair Play, and rebuild a squad capable of automatic promotion.

    Leeds don't need both Gnonto and James; it's a luxury no Championship outfit can justify. Gnonto is likely to raise more money, and has already attracted the attention of Roma and AC Milan, not that Italian clubs have a good reputation of paying market value.

    It's looking ever so likely that Jack Harrison will stay at Goodison Park next season, which could see Everton try to wrap up both players signatures on permanent deals this Summer, but how likely is it that they can find at-least £40m to make it happen?

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    Leeds ready to make offer to Johnson

    Ben Johnson has walked away from a five year mega deal with West Ham, in the quest for first team action!

    The 24yo versatile left-back is understood to be frustrated at the amount of minutes he earnt at the London Stadium last season, and has decided to cut ties with the club he has spend the last 17 years with. He is attracting attention from Rangers, Galatasaray and Crystal Palace.

    With no fee to pay, Leeds can afford to put together an attractive package that could entice him to Elland Road. Johnson is a former England U21 International, and has made 69 senior appearances for the Hammers, scoring twice!

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  2. LeedsRover1

    LeedsRover1 Well-Known Member

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    Don’t see us getting anywhere near £40m from Everton for any of our players, due to their continuing problems with FFP. My guess is that Harrison will stay at Everton, but he’ll be loaned again (likely without any fee involved).

    As much as we need a LB, I don’t fancy taking on the Johnson kid from West Ham, if he’s wanting a big uplift in his already EPL salary - even on a free. Without the guarantee of Premiership football, it’s an obligation that’s too risky to take. In truth I reckon if Palace are interested, he’s staying in London.

    On Summerville, I’d like to keep him but accept he’s moving (whether he wants to or not). Just got to hope we get a terrific price with lots of nice lucrative add-ons. Then we spend the money wisely.
     
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  3. ristac

    ristac Well-Known Member
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    Morning all

    I’m guessing Gnonto would still like to move on, if he would it’s time to cash in. I’d like to keep him if his head was in the right place but the back end of the season didn’t reflect well for him. £25m would be a decent price.

    Brighton want Summerville, we just need to remember how they were when we wanted Ben White. If they’ve offered £30m tell them we want £50m
     
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  4. Eireleeds1

    Eireleeds1 Well-Known Member

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    Morning all. Had a quick squint at first two weeks pl games and as Del Boy would say quell surprise. All three promoted clubs likely to start with all defeats. Any ting of sadness we didn't go up disappeared
     
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  5. southernwhite

    southernwhite Well-Known Member

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    Well, i wish it was us up against Newcastle, just saying like :(
    Good morning all
     
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  6. Aski

    Aski Well-Known Member

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    Just noticed that the fa cup final is now being played the week before the last of the scheduled EPL fixtures.

    Whilst I know the competition is not what is was, its just seems now the F A are doing their best to give it a long slow lingering death
     
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  7. Wakey

    Wakey Well-Known Member

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    Morning everyone i think this summers transfer window is a big test for the 49ers.They held their nerve with Gnonto so let's see which clubs will pay top dollar for our players. Wober for example we should get 15 million for him. I do not know the position regarding the other loanees but surely we can now sell rat harrison. Llorente is he still under contract?. Rasmus the snail we need rid of desperately as he is useless.
     
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  8. Whitejock

    Whitejock Well-Known Member

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    The thing is, Rich, Brighton can do wtf they like. We're under the cosh to raise cash - fast! - and everyone knows it. We're at the mercy of others. One for @Aski - can the 49ers offer us a loan to keep the FFP wolves at bay? Personally, if we're only talking about a 2pt deduction, I'd rather take the 2pt hit & stick 2 fingers up to all the vultures.
     
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  9. Aski

    Aski Well-Known Member

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    Afraid not, it has to be either investment via sale of shares or via financial appropriate commercial investment. Of course clubs find ways around this, but you can guarantee that if we are caught doing anything that other clubs have done, then it will be time for the FA to make an example.

    Remember that FFP already allows owners to inject a certain amount of funds to ensure that they stay within FFP. The actual FFP limit for EPL and Championship clubs is no more than £15m of losses over a 3 year period. The extended limits of £105m and £39m or whatever amount in between for those clubs that bounce between the two leagues is for owners to invest into the club as "secured funding" meaning they buy more shares in the club.

    Was going to write a long post about FFP or at least my understanding of it, but rather than boor everyone reading this thread, I will save it for some sort of weekend debate thing, plus it will allow me to fact check before posting
     
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  10. Aski

    Aski Well-Known Member

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    Just an addendum to my above post, if owners loaning money to a club got around FFP, then I am sure the Saudi's would be providing Man City with loans of £1billion + per season. It would have saved them all this hassle of having to be creative with their income streams and then being investigated over the non commercial high value of some of their sponsorship deals, with companies that there owners may have some sort of "interest" in :emoticon-0105-wink:
     
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  11. Leedsoflondon

    Leedsoflondon Well-Known Member

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    Thing is we don’t know how much of a stake RB has bought into the club. This will be additional investment that will help with PSR rules so we might still be able to hold out for a decent fee. Not sure if the rumours are true but Skipp, Johnson and Rodon (if he’s not going to an Ipswich / Southampton) would be solid signings. Suspect we’ll be getting more of the RB franchise players in.
     
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  12. ristac

    ristac Well-Known Member
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    Was going to mention this. You can bet their share value was set at a much lower rate and their actual shirt sponsorship higher for the sake of FFP
     
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  13. Leedsoflondon

    Leedsoflondon Well-Known Member

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    Rub’s our nose in it that we ****ed up promotion again though :emoticon-0101-sadsm
     
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  14. Eireleeds1

    Eireleeds1 Well-Known Member

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    Not at all. We’ll be hammering hill or someone at home same day 2-0 <ok>
     
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  15. Leedsoflondon

    Leedsoflondon Well-Known Member

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    The Premier League now runs English Football not the FA.
     
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  16. Leedsoflondon

    Leedsoflondon Well-Known Member

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    Sorry mate, it still hurt watching Southampton and Ipswich seeing their premier league fixtures being released
     
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  17. esteponawhite

    esteponawhite Well-Known Member

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    Looking forward to your article,
    Question, if RB have invested sufficient money, shirt sponser and buying shares, before june 30th could we dodge the FFP stuff?
     
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  18. Aski

    Aski Well-Known Member

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    theoretically yes but I'm sure you wouldn't be surprised when I say in reality it depends ;)

    I'm not sure how sponsorship is classed for FFP purposes, but the clubs accounts do give us some sort of clue.

    When you look at the breakdown of Turnover for the year we won the Championship and the first 2 years in the EPL, the only two items where sponsorship could be recorded is either in merchandising income or other commercial income. Given that upon promotion we signed a club record sponsorship deal with the gambling company, then between 2020 and 2021 merchandising revenue was higher by £5m in 2021 and other commercial revenue was higher by £1m. Obviously COVID had an impact on both those figures.

    In 2022 Merchandising revenue was up by a further £5m (fans were attending games, so club shop was open etc) and other commercial revenue increased by a further £3m. Now the most likely place for sponsorship would be other commercial revenue which would suggest that sponsorship is paid on a per yearly basis.

    Thus we could have signed a £100m sponsorship deal with Red Bull, which if it was for just 2 years would be great, as that is £50m per year income to count against FFP. However if it was 10 years then its only £10m per year towards FFP, so it helps but it isn't going to solve our immediate issue.

    Is there a case where the football authorities allow a sponsorship deal over a period of time, to count the same way as a player sale does in regards to FFP. I have no idea.

    Obviously none of us know for certain the amount of the sponsorship, or the length of it, we are just told its substantial, so I've just used the above figures for illustration.

    Third party investment especially for football clubs is too complicated for me, I could go down a rabbit hole, and at the end neither of us would be any wiser :)
     
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