I’m no accountant, but I’m pretty sure there are other factors when it comes to football transfer kittys rather than “Oooh, we’ve got £12m, so we can sign four £3m players now”. Its not FIFA ‘99.
Wages?
Agent fees?
Bonuses?
Add ons?
When selling, what about percentages owed in sell on fees?
The fact fees are paid in installments?
Taxes?
Its like getting a job paying 30k a year and thinking “great- thats 30k worth of booze, new clothes, holidays and a new car this week” whilst completely disregarding tax, NI, rent, electric bills, food, car tax, petrol, etc, etc, etc, and the fact the 30k gets paid in 12 monthly installments.
And where do these “accepted” transfer fee figures come from? Clubs dont even disclose them anymore. It’s all heresay and estimates from journalists and ITK twitter accounts. Then it gets regurgitated through social media, internet forums and pub talk- Chinese Whispers started by people who don't really know in the first place.
Wages?
Agent fees?
Bonuses?
Add ons?
When selling, what about percentages owed in sell on fees?
The fact fees are paid in installments?
Taxes?
Its like getting a job paying 30k a year and thinking “great- thats 30k worth of booze, new clothes, holidays and a new car this week” whilst completely disregarding tax, NI, rent, electric bills, food, car tax, petrol, etc, etc, etc, and the fact the 30k gets paid in 12 monthly installments.
And where do these “accepted” transfer fee figures come from? Clubs dont even disclose them anymore. It’s all heresay and estimates from journalists and ITK twitter accounts. Then it gets regurgitated through social media, internet forums and pub talk- Chinese Whispers started by people who don't really know in the first place.
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