There was a 50% sell on for Allahyar, I’ve not heard mention of one for Philogene. Where did you see that?
100% of the monies raised from these sales will be invested back into the squad supplemented by the £13M Acun is allowed to put in himself. If you had reasonable grounds to believe that instead Acun was funnelling the money away as did the Allams then youd have grounds to criticise the owner but assuming you have none of that, it just sounds like you are criticising Acun for not being a magician that can keep all their prize assets plus strengthen the squad without having to abide by the limitations of FFP.
I'm not sure how you read whatever it is you think you've read into my post. But this response doesn't really address anything I've written.
Allahyar and Omur had 50% sell-on clauses, nobody else that we’re aware of, Philogene’s won’t be anywhere near that.
It’s not that we don’t have money, people seem to have forgotten that we have one Murat Ulker sat in the background. The issue isn’t so much access to cash, it’s that we can’t make much more of a loss than we have been doing without incurring penalties under FFP. If Greaves and Jaden go, especially if it’s north of the £35m figure touted, then coupled with Tufan and Allsop going it puts us in the black. Last summer we let Elder go and sold Figs, Tetteh and Allahyar. We actually only paid for four permanent players, Furlong, Allsop, Lokilo and Jaden (we technically bought Simons in March) and the bulk of that cost was Philogene’s transfer. We spent more on loans than we did on transfer fees last season because we had splashed out the season before under Shota. But if these proposed transfers go through, it should open up for us to spend more. On the next players we sell for bigger profit, I’d wager Slater is probably worth at least a hundred times what we paid for him, ditto Alfie Jones. Abdush if he has a good season this year wouldn’t be cheap for other teams and if he keeps progressing, I reckon the next kid through the academy to first team door will be Sincere Hall.
As Kalman pointed out though, FFP isn't a point in time, it's measured for the course of the year. If we spend money in July and recoup sales in August, we're still fine for the FFP year. And if the unthinkable happened and Philogene and Greaves were both hit by a bus tomorrow and couldn't be sold, we would have room to move through the rest of the window and January to ensure we aren't in breach of FFP.
Thing is as we all know, we have to get the signings spot on as the cupboard is bare. Which means rushing transfers isn’t really an option and we have to take our time.
No, just telling it as it is. Not bed wetting either. I fully get that the club have cleared out a lot of players, creating space and a mini-war chest, and that this money will be spent on new players for Walter this summer, and maybe into January. That doesn't change the facts of where we are now, coming up for 3 years into Acun's ownership. And what is happening now is a huge gamble as we near off start again, on and off the pitch. It shouldn't be like this. Syd and Kalman in posts #4532 & 4533 saved me a lot of typing. No need for me to repeat what they've already rightly typed.
A reply to me on Twitter: https://x.com/TristarAlpha/status/1810088012543627575 Don't worry mate! I'm not expecting anything in the next 2-3 years.
This is what I don’t get. We knew Greaves and Jaden would likely be going. So if the cash flow is there why not bring in one or two just to get the ball rolling. It wouldn’t exactly weaken our bargaining standpoint of selling them and we’d at least make a start. It’s either nothing has come our way yet which I accept is a real possibility or I really hope this isn’t the case that we are in a cash flow situation
Not that I've seen. Was actually just looking at things this morning, think it came through late July last year.
Right, but the trigger point for penalties is a £39m loss over three years. In 2021 we made a loss of £8.2m In 2022 we made a profit of £13.9m In 2023 we made a loss of £21m. So £29.2m in losses negated by £13.9m in profit gives us £15.3m in the red. It's probably safe to assume that there was very little value in player sales last year with £2m for Allahyar, £1.5m for Tetteh, £2m for Tufan and let's be generous and say £1m for Allsop. So at best that's £6.5m raked in, while we paid for Lokilo (£450k apparently), Allsop (£1m), Furlong (£200k), Pandur (£1.6m), Omur (£2.5m) and Philogene (£5m) so that's £10.8m going out in permanent fees, plus whatever we paid in loan fees which aren't usually disclosed (but would probably have been pretty decent sized fees). We don't know the operating costs for this season but if they were following a pattern, it's likely that we made a pretty substantial loss. So for this season, we need to make some gains. The £8.2m will now not count, but last season will and I'm guessing we're going to be pretty close to the £39m loss figure. Selling Greaves and Philogene will boost what we can spend considerably, but don't think of it as "if we get £40m for both we will have £40m to spend". I don't know what we owe in terms of loans either, presumably they are to Acun Medya so they don't really count. I'm not trying to be the bearer of bad news or anything, just trying to put some justification on why we need to sell.
That's not really what I said mate. I wasn't saying cop a loss this year and fix it next year. Don't think they judge the losses as at July... Also you're looking purely at the losses as they're presented p&l (and our 2023 loss was only 6m). FFP contains plenty of deductions meaning you can't just judge that. Or Stoke and Boro would be in a bit of trouble Also you're counting the entire outgoing fee when it's just the amortised portion counted in that year's accounts.
