Transfer Rumours Transfer Rumours thread

[Tobes]

if it is because our players are taking a smaller wedge i dread to think how much our wage bill would be
oh and why do we do this more than others since we are regularly top of agent fees .

Maybe some clubs are more amenable to this than others.

In terms of your wage bill, it's the equivalent of a fart in a hurricane.

 

[InBiscanWeTrust]

we have very high agent fees even in seasons with very few transfers .

Tends to be from new contracts. Was that year when we have firm, mane, hendo, Robbo TAA all new contracts I think it was

 

[InBiscanWeTrust]

Can look at it both ways. Yeah not great paying out high fees etc, but on other hand. Look at our transfer dealing. Done with little fuss, getting who we want... no surprise that getting agents on your good side certainly helps those things happen.

if we were paying high fees, bringing in crap or not bringing in our first or second choices then would be a worry.

 

[Solid Air]

Maybe some clubs are more amenable to this than others.

In terms of your wage bill, it's the equivalent of a fart in a hurricane.

nice analogy .

 

[Solid Air]

Tends to be from new contracts. Was that year when we have firm, mane, hendo, Robbo TAA all new contracts I think it was

and again don't other clubs do this since we have been the biggest spenders for the last 3 years running .

 

[SIR_KENNY_KLOPP_KING]

Simple it’s largely a tax dodge.

Most top players pay their agents a percentage of their total income. So it’s more tax efficient for their client if they take a slightly lower wage and get the agents slice paid by the signing club, as otherwise the player is paying the agent from his post tax income.

Now this makes more sense to me! It’s actually part of the player package. Nice nugget of information that

 

[HugoEkitikeN01]

Liverpool have rejected a £12million bid from Burnley for Liverpool attacker Harry Wilson as talks over the transfer collapse, Football Insider understands.
Sean Dyche’s side are reluctant to meet the asking price for the 23-year-old after a deal seemed likely last week.

 

[saintanton]

The cash payments and payment schedules aren’t what hits the accounts, people never seem to quite grasp this.

For example, you sign a player for £20m on a 3 year deal and a player for £40m on a 4 year deal, the annual cost to the accounts are their wages plus amortisation, which is their purchase cost divided by their contract length.
So in this example just shy of £17m in the current financial year.

Profit on sales is what they are sold for minus what they currently stand on the balance sheet at, so a homegrown sold for £20m owes nothing and so the profit in the financial year is £20m.

Obvs this excludes any agents & signing on fees that are accounted for in the year they are paid.

I know it's not that difficult, but as soon as people talk about club finances, all I hear is flobbertybomflobblelop. My brain just glazes over because I'm only interested in what happens on the pitch and leave the finances to those whose job it is.
Unless it's your job, or an area of interest, I've never really understood why so many fans find a club's finances so fascinating, tbh. Apart from when serious difficulties are threatening it doesn't really impinge on us much.
So in my case at least. it's not so much that I don't grasp it, just that I'm not that bothered.

 

[Tobes]

I know it's not that difficult, but as soon as people talk about club finances, all I hear is flobbertybomflobblelop. My brain just glazes over because I'm only interested in what happens on the pitch and leave the finances to those whose job it is.
Unless it's your job, or an area of interest, I've never really understood why so many fans find a club's finances so fascinating, tbh. Apart from when serious difficulties are threatening it doesn't really impinge on us much.
So in my case at least. it's not so much that I don't grasp it, just that I'm not that bothered.

Which is fair enough, plenty of footie fans have no interest in the subject. Only, many others comment on it without understanding how it actually works, which was my point.

 

[saintanton]

Which is fair enough, plenty of footie fans have no interest in the subject. Only, many others comment on it without understanding how it actually works, which was my point.

I know - I wasn't criticising you, because you explain it well. Just saying that the day to day running of the club's finances don't really get me going - only the broad view is of interest.
FSG seem to me to be doing a good job of running it as a viable business after the near catastrophe of H&G, so I'm happy with that.

 

[moreinjuredthanowen]

we have very high agent fees even in seasons with very few transfers .

yes, cos we award new contracts and they take a big cut off the top.

as tobes said above. help with tax.

At other certain clubs gold and diamonds are a lot easier as you don't need to put them through company accounts.

 

[johnsonsbaby]

Now this makes more sense to me! It’s actually part of the player package. Nice nugget of information that

I did say this four weeks ago when we were talking about agents fees. Their commission isn't tax deductible to the player which is why clubs prefer to pay the agent and give the player less gross salary.

 

[THE FOOL]

I know it's not that difficult, but as soon as people talk about club finances, all I hear is flobbertybomflobblelop. My brain just glazes over because I'm only interested in what happens on the pitch and leave the finances to those whose job it is.
Unless it's your job, or an area of interest, I've never really understood why so many fans find a club's finances so fascinating, tbh. Apart from when serious difficulties are threatening it doesn't really impinge on us much.
So in my case at least. it's not so much that I don't grasp it, just that I'm not that bothered.

The only time club finances are of any interest, is somewhere along the lines of "80 million for a ****ing tug boat, Leicester have had you right over, ****ing mugs"

Thats quite fun.

 

[SIR_KENNY_KLOPP_KING]

yes, cos we award new contracts and they take a big cut off the top.

as tobes said above. help with tax.

At other certain clubs gold and diamonds are a lot easier as you don't need to put them through company accounts.

Surely this is not true? If someone wanted to liquidate a large amount of diamonds or gold, they’d be straight on the radar of HMRC wouldn’t they?

 

[johnsonsbaby]

Surely this is not true? If someone wanted to liquidate a large amount of diamonds or gold, they’d be straight on the radar of HMRC wouldn’t they?

I think mito is referring to undeclared 'payments in kind' ie gold and diamond encrusted watches etc. appearing in a player/agent's hotel room.

 

[SIR_KENNY_KLOPP_KING]

I think mito is referring to undeclared 'payments in kind' ie gold and diamond encrusted watches etc. appearing in a player/agent's hotel room.

yeah I know...surely not true

 

[johnsonsbaby]

yeah I know...surely not true

It's been in the news a few times about this sort of thing happening when countries are bidding for the WC etc. Not much of a stretch to assume it's how some transfers are sorted.

 

[SIR_KENNY_KLOPP_KING]

It's been in the news a few times about this sort of thing happening when countries are bidding for the WC etc. Not much of a stretch to assume it's how some transfers are sorted.

for FIFA delegates you mean? I did hear about these ‘gifts’ but never about footballers tbh

 

[HugoEkitikeN01]

Liverpool have rejected a final offer from Burnley for Harry Wilson, so the winger could end up staying at Anfield, according to reports.

Jurgen Klopp believes Rhian Brewster’s transfer to Sheffield United ‘makes sense’.
The 20-year-old forward left Liverpool to join the Blades in a club record £23.5million deal on Friday.​

https://talksport.com/football/768249/

 

[SIR_KENNY_KLOPP_KING]

Liverpool have rejected a final offer from Burnley for Harry Wilson, so the winger could end up staying at Anfield, according to reports.

Jurgen Klopp believes Rhian Brewster’s transfer to Sheffield United ‘makes sense’.
The 20-year-old forward left Liverpool to join the Blades in a club record £23.5million deal on Friday.​

https://talksport.com/football/768249/

Burnley were low-balling us but clearly they think that they can get similar quality at better value....But they should know; his free kicks alone are with £20m