Summer transfer window

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FosseFilberto said:
<laugh> I've forgotten more about football than you'll ever know ... and been to more live games than Sucky will ever manage, even if he gets a season ticket for the next 25 years ... I also played a bit in my time.

Have never been anything but realistic about my club ... which I still am now ... when they took over, our owners did a debt equity swap which effectively converted external borrowings into share capital (and wiped out the debt).. whilst I haven't looked at the club balance sheet recently, doing something similar is not beyond the realms of possibility, should it be necessary and the owners are still committed - which they say they are - and which the recently submitted stadium area development planning application supports.

PS I work in the financial sector.
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I mostly only posted that to see how you'd react, like, would you actually engage or just waffle on about pointless ****ing ****. What you did, was waffle on about pointless ****, because you had an ego attack and couldn't handle it.

Tragic, tragic character on this site you.

inabit
 
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FosseFilberto said:
It is very funny ... apparently Tielemans has agreed personal terms with Arsenal, Fofana has agreed personal terms with Chelsea (despite being contracted until 2027) and Maddison has with Tottenham / Newcastle ... yet the club has said there has been no contact for any of our players ... and without that, approaches directly to players would constitute an illegal approach...

Almost every article contains the word 'reportedly' ... now OK, it might be that there is no smoke without fire ... but when players have really wanted to go (Mahez) or the club has had a formal enquiry (Maguire) ...you don't see 'reportedly' ...

Now I could see us selling Youri Tielemans if he is determined to go, given the contract situation ... but we won't be selling Maddison and Fofana ... there is absolutely no need ... why sell 2 cracking players in order to get money to buy 2 that are unlikely to be as good? Makes absolutely no sense.

What will be interesting will be the starting line-up against Sevilla tomorrow ... that should be a dress rehearsal for next week's league opener ... barring injuries.
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Because you're a bang average mid table prem club?
 
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FosseFilberto said:
So they say Munse ... you'd have thought we'd be desperate to sell <laugh> ... if we're in trouble Munse, so is most of the Prem... plenty spend much more than we do ...

... and you don't rectify that by selling off your best assets at cut price <doh>
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Think the issue is that your salary bill is running at over 80% of your revenue which is one of the highest in the PL. You are probably right that others are spending more but they have much higher turnovers. Its only an FFP issue as your owners are happy to support you but its obviously one that they are taking seriously and other clubs are testing the water by putting in lowball bids for players. I believe Rodgers has already said he can't buy unless he sells so it is clear their is an underlying requirement not to increase costs.

Selling expensive players on the cheap, if they are on inflated wages, may be a necessary evil, depending on how they are valued on the books. If they are effectively undervalued (i.e. you can get more for them than their remaining value in the accounts) AND at the same time get an expensive salary off the books the club may be open to selling.
 
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JakartaToon said:
Think the issue is that your salary bill is running at over 80% of your revenue which is one of the highest in the PL. You are probably right that others are spending more but they have much higher turnovers. Its only an FFP issue as your owners are happy to support you but its obviously one that they are taking seriously and other clubs are testing the water by putting in lowball bids for players. I believe Rodgers has already said he can't buy unless he sells so it is clear their is an underlying requirement not to increase costs.

Selling expensive players on the cheap, if they are on inflated wages, may be a necessary evil, depending on how they are valued on the books. If they are effectively undervalued (i.e. you can get more for them than their remaining value in the accounts) AND at the same time get an expensive salary off the books the club may be open to selling.
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JakartaToon said:
Think the issue is that your salary bill is running at over 80% of your revenue which is one of the highest in the PL. You are probably right that others are spending more but they have much higher turnovers. Its only an FFP issue as your owners are happy to support you but its obviously one that they are taking seriously and other clubs are testing the water by putting in lowball bids for players. I believe Rodgers has already said he can't buy unless he sells so it is clear their is an underlying requirement not to increase costs.

Selling expensive players on the cheap, if they are on inflated wages, may be a necessary evil, depending on how they are valued on the books. If they are effectively undervalued (i.e. you can get more for them than their remaining value in the accounts) AND at the same time get an expensive salary off the books the club may be open to selling.
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Very good post mate ... and the key point is not to 'increase' costs ...

On the books point, I'm not entirely sure but would suspect they are carried as 'fixed assets' on the balance sheet ...selling for undervalue would therefore further weaken the value of the company and the ability of the club to borrow, should that be required - so, broadly, it ain't gonna happen with the best players on longer contracts. Tielemans asset 'value' will no doubt have been depreciated as his contract has run down.

We play Sevilla today and the starting line-up in our final 'prestigious' friendly usually indicates the team that starts the first league game ... barring injury. So it will be interesting to see what that is - because there would be little point in playing individuals about to leave <cheers>
 
FosseFilberto said:
Very good post mate ... and the key point is not to 'increase' costs ...

On the books point, I'm not entirely sure but would suspect they are carried as 'fixed assets' on the balance sheet ...selling for undervalue would therefore further weaken the value of the company and the ability of the club to borrow, should that be required - so, broadly, it ain't gonna happen with the best players on longer contracts. Tielemans asset 'value' will no doubt have been depreciated as his contract has run down.

We play Sevilla today and the starting line-up in our final 'prestigious' friendly usually indicates the team that starts the first league game ... barring injury. So it will be interesting to see what that is - because there would be little point in playing individuals about to leave <cheers>
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Yep. They are treated as fixed assets and depreciated over the length of the contract so with players who have come up through the ranks and developed quickly they may be undervalued on the books, which means that you can sell them, take a profit on their book value, and also reduce costs.

We have just played Atalanta and Athletic Bilbao on successive days with two entirely different 11’s and beaten them both (1-0 and 2-1) so we are ready to go. It was a bit touch and go yesterday at the end as we gave the 11 almost the full 90mins and they changed 7 at half time. What was amazing was we had crowds of 41000 and 46000 for these two home games.

The club and city is absolutely buzzing.
 
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FosseFilberto said:
Very good post mate ... and the key point is not to 'increase' costs ...

On the books point, I'm not entirely sure but would suspect they are carried as 'fixed assets' on the balance sheet ...selling for undervalue would therefore further weaken the value of the company and the ability of the club to borrow, should that be required - so, broadly, it ain't gonna happen with the best players on longer contracts. Tielemans asset 'value' will no doubt have been depreciated as his contract has run down.

We play Sevilla today and the starting line-up in our final 'prestigious' friendly usually indicates the team that starts the first league game ... barring injury. So it will be interesting to see what that is - because there would be little point in playing individuals about to leave <cheers>
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Newcastle is going to buy your best player.
 
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