Incoming? Ronaldo Vieira

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derekacorah said:
While there are some idiots who don't understand that the revenue drop and player sales don't need to necessarily net one another out, it's not that difficult to do back of fag packet maths and realise that the £21m revenue from the promotion season + the parachute money of around £45m = £66m.

Wages in the promotion season (including bonuses) were £40m, in the first PL season they were £78m. Some have left and (hopefully) all will have a relegation reduction. That would leave the wage bill somewhere in the £45m-£50m region.

The amortisation of the players bought since promotion of Berge, Mousset, Ramsdale, Brewster, Freeman and McBurnie will be around £25m this financial year (I've assumed that we paid £97m for these players and that on average their contracts are for 4 years, I know some are longer and some shorter). This doesn't include amortisation for other players we already had prior to the PL as this will be miniscule in comparison.

Before we've paid for anything else that's a loss of £4m just with amortisation and wages. Other running costs in the promotion season were just under £11m, that's a £15m loss.

If I were Abdullah I'd sell a couple of players to a) reduce the wage bill a bit more b) reduce the amortisation a bit c) get some cash into the club instead of having to pay more out in transfer instalments.

Ultimately we don't have to sell but we're reliant on Abdullah's benevolence if we don't and I can't see him sanctioning transfer spend when the current outgoings are going to lead a loss of £15m+.

His train of thought might be to throw the kitchen sink at it this year with the high parachute payments and then drastically scale back if we fail, but that would be second guessing him.
Click to expand...

Yes,
But that assumes that amortisation of players contracts always mean a player is worth less than what was paid for him and funds cannot be recovered.

They aren't second hand cars
 

derekacorah said:
While there are some idiots who don't understand that the revenue drop and player sales don't need to necessarily net one another out, it's not that difficult to do back of fag packet maths and realise that the £21m revenue from the promotion season + the parachute money of around £45m = £66m.

Wages in the promotion season (including bonuses) were £40m, in the first PL season they were £78m. Some have left and (hopefully) all will have a relegation reduction. That would leave the wage bill somewhere in the £45m-£50m region.

The amortisation of the players bought since promotion of Berge, Mousset, Ramsdale, Brewster, Freeman and McBurnie will be around £25m this financial year (I've assumed that we paid £97m for these players and that on average their contracts are for 4 years, I know some are longer and some shorter). This doesn't include amortisation for other players we already had prior to the PL as this will be miniscule in comparison.

Before we've paid for anything else that's a loss of £4m just with amortisation and wages. Other running costs in the promotion season were just under £11m, that's a £15m loss.

If I were Abdullah I'd sell a couple of players to a) reduce the wage bill a bit more b) reduce the amortisation a bit c) get some cash into the club instead of having to pay more out in transfer instalments.

Ultimately we don't have to sell but we're reliant on Abdullah's benevolence if we don't and I can't see him sanctioning transfer spend when the current outgoings are going to lead a loss of £15m+.

His train of thought might be to throw the kitchen sink at it this year with the high parachute payments and then drastically scale back if we fail, but that would be second guessing him.
Click to expand...
The issue isn't P&L losses, it's the drop in cashflow. The amortisation of the big transfer fees is annoying but our model (high fees, relatively low wages) insulates us more than most relegated sides.
 
Danetheblade said:
It's nothing that's not common knowledge though? Don't see the unprofessional part at all.
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What's common knowledge? That we can't sign Vieira unless we sell someone else? It maybe right and some may be saying it, but I've not seen that officially announced by the club so he is therefore making it up or leaking information he's gained from a position of trust. I stand by my statement that if it was one of my employees or suppliers doing this to my business, they would be finished with me.
 
him behind you said:
What's common knowledge? That we can't sign Vieira unless we sell someone else? It maybe right and some may be saying it, but I've not seen that officially announced by the club so he is therefore making it up or leaking information he's gained from a position of trust. I stand by my statement that if it was one of my employees or suppliers doing this to my business, they would be finished with me.
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No. It's common knowledge that he's due to sign any moment now.
 

him behind you said:
What's common knowledge? That we can't sign Vieira unless we sell someone else? It maybe right and some may be saying it, but I've not seen that officially announced by the club so he is therefore making it up or leaking information he's gained from a position of trust. I stand by my statement that if it was one of my employees or suppliers doing this to my business, they would be finished with me.
Click to expand...
At no point has he mentioned that we need to sell before buying.
 
Danetheblade said:
At no point has he mentioned that we need to sell before buying.
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Just checked S6's post (#607) showing the post from Darren Smith "just realised we have this other fella we need to sell first". This is the post I reacted to initially.
 
him behind you said:
Just checked S6's post (#607) showing the post from Darren Smith "just realised we have this other fella we need to sell first". This is the post I reacted to initially.
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I don't know how to say this, but I think thats sarcasm. Read it back bud. It's very sarcastic imo.
 
Danetheblade said:
I don't know how to say this, but I think thats sarcasm. Read it back bud. It's very sarcastic imo.
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I didn't read it as that and if it is, I apologise. But I always look for a emoji of sorts to highlight something like sarcasm in something written as it's very difficult to convey it.
 
him behind you said:
I didn't read it as that and if it is, I apologise. But I always look for a emoji of sorts to highlight something like sarcasm in something written as it's very difficult to convey it.
Click to expand...
Agree 100 percent mate. But from reading it back it sounds really sarcastic with the "we can't sign you till one goes out but we've got you here"
 
As Sheffield United look close to signing Ronaldo Vieira from Sampdoria, it seems some bureaucratic issues have been delaying the transfer’s formalisation.


Tuttosport (via Samp News 24) today writes that the player has been in England for several days, but his medical continues to be ‘on standby’.

The reason for that is the quarantine the player needs to go through. He’s expected to be self-isolated for at least five days.

There are no details on how long he’s been on his own already, but once the period is over, then he’ll be able to do the examinations and finally sign a contract with Sheffield United.
 
JJBlade said:
Yes,
But that assumes that amortisation of players contracts always mean a player is worth less than what was paid for him and funds cannot be recovered.

They aren't second hand cars
Click to expand...
No it doesn’t, I’ve even considered profit or loss on the sale of players. I’ve assumed we don’t need to sell them, we’d likely make a profit on everyone apart from Brewster.
 
Balham Blade said:
The issue isn't P&L losses, it's the drop in cashflow. The amortisation of the big transfer fees is annoying but our model (high fees, relatively low wages) insulates us more than most relegated sides.
Click to expand...
The cash flow aspect was c) in my reasons for selling. I agree, the P&L aspect becomes worrying in year 2 and more so in year 3 when we’d be in breach off FFP with chunky losses.
 

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