If the Allams are asking for all the fee up front, which they probably are, it will reduce the selling price and £15m would be reasonable. If we get £15m for Bowen and the sell-ons for Maguire and James, it will be interesting to see what happens with Assem's claim he'll half the club's selling price.
I fear you might be right, or at least to the extent that it complicates potential takeovers as the Allams will likely want to factor in further sell on clause potential values. Meaning, just another sticking point in coming to any realistic agreement. On the other hand, they said 'all' they want is their money back, which they stated was standing at £50 million a couple of months back. Not that I believe that figure nor a single word that comes out of their mouths. £15 million for Bowen + £9 million from Harry's sell on = £26 million asking price. Starts to become more realistic, but still probably too much when the club has so few assets. #itsthehope.......
To ell and back... seem to think Hull city Two youngsters arrive, but two depart Friday, 5th Jul 2019 08:21 by Tim Whelan Today Leeds announced the signing of two former members of Barcelona’s academy, but at the same time Aapo Halme is leaving us for Barnsley and Mallik Wilks is likely to join Hull City in the next few days.
Norwich managed to get £22m up front for Maddison. Plus £2m add ons plus 10% sell on. Bowen shouldn’t be going for much less. He’s a better all round player than Maddison when Maddison left Norwich.
We have no idea what the payment terms are on the Maddison deal, but they almost certainly weren't all cash up front, barely any deals are. A transfer fee is usually paid in installments: usually 50 per cent once the transfer has been completed, 25 per cent on the first anniversary of the completed transfer, and 25 per cent on the second anniversary.
It says in the paper. Leicester Mercury is normally very accurate. They wouldn’t just pluck a figure of £22m from thin air. Plus the Leicester City owners are very wealthy. I know how deals are normally structured. The Maddison deal was helping fund the rebuild of the Norwich team. The selling club can demand payment however they want.
£22m is the fee agreed, it tells you nothing about the payment terms, which I'm pretty sure Leicester Mercury have no idea about and have never claimed to?
Thanks, but that doesn't say anything about the terms, £22m 'up front' just means that's the fixed fee.
Coventry on the Maddison sell-on when he left Norwich - “That’s money that doesn’t just come today; it’s significant money that will keep coming and will contribute to the health of the football club over the medium term because these things are structured to run over three, four, five years, by which time I know James will be an established Premier League footballer“.
The article clearly states ‘ fee up front’. Given a number of clubs were interested in Maddison. The sale of Maddison was to rebuild the Norwich team for promotion. Why would the fixed fee not be up front? Other transfers refer to just a ‘fee’ or an ‘undisclosed fee’ It’s no different to what the Allams are trying to do with the sale of Bowen. So it’s not unlikely.
A fee is often stated as 'up front', just meaning the agreed fixed amount, rather than the payments terms. From the Liverpool Echo when they signed Robertson - 'Liverpool will pay £8m up front for the Scotland international, with a further £2m to follow in add-ons'. We already know the Robertson fee was staged payments, same as pretty much everyone the Allams have bought and sold.
?? If it's £15mill over 3 years, they would just factor that into the sale price. It's still £50mill less £15mill (just timing differences).
Well that's not right is it! If the deal is structured £5m now, £5m in a year and £5m in two years, and the club is sold in six months' time, a new owner is going to get the later payments not the Allams. So the £50m price would reduce to only £45m, not £35m. But let's be realistic. The £50m is a made up number that Allams have created by redistributing monies between their Allamhouse businesses and their own personal coffers. The club is worth whatever someone will pay for it, based on the assets it owns, not on a number that Assem plucks out of his arse. To a potential buyer, a club priced at £50m that owns Jarrod Bowen, and a club priced at £35m that no longer owns Jarrod Bowen, is worth about the same. Though the latter is clearly a smaller punt, so might be more attractive to someone wanting to take a risk. And trying to do a deal with the Allams must be the mother of all financial risks to take. They have shown they are nightmare to deal with over many years.
It seems that Marc Pugh is close to signing for a Championship club, but nobody seems to know which (highly unlikely that it's us).
Let's get Sam Gallagher coming to us as part of the deal if this is happening. Proven striker at Championship level
