Outgoing? SANDER BERGE ON WAY OUT ?

[Sean Thornton]

He'll be amortised down to around £7.5m in the accounts so anything above that will be a profit. Based on £20m and even with a sell on % to his old club it will be nice.

It’s a paper figure. A p&l figure means nothing to the EFL, it’s cash they want now. The cash we receive will hopefully settle the embargo so United will be pushing for a large chunk on sale.

 

[Sean Thornton]

I thought sell on clauses were usually a percentage of the profit. Therefore if we sell him for £20 million there is no profit and therefore Genk will get none of the fee?

I thought sell on clauses were usually a percentage of the profit. Therefore if we sell him for £20 million there is no profit and therefore Genk will get none of the fee?

Depends on the terms.

 

[HarryHaslam]

I thought sell on clauses were usually a percentage of the profit. Therefore if we sell him for £20 million there is no profit and therefore Genk will get none of the fee?

That is true, it is profit.

 

[Houston_Blade]

It’s a paper figure. A p&l figure means nothing to the EFL, it’s cash they want now. The cash we receive will hopefully settle the embargo so United will be pushing for a large chunk on sale.

Yep understand that we need the cash, but it's annoying me that people think we won't make a profit on him. In the set of accounts covering this season it will show as a profit on sale.

Same people who think that selling him will reduce the value of the assets in the business when the opposite will actually happen!

 

[Le Cynique]

How does that work? Does he just ask the buying club to deposit the sum into his current account?

Cash, unmarked bills, suitcase. And none of that nonsense where you put bills on the top and cut-up newspaper underneath. Mauriss tried that, the cunt.

 

[Bladesman]

Cash, unmarked bills, suitcase. And none of that nonsense where you put bills on the top and cut-up newspaper underneath. Mauriss tried that, the cunt.

No income tax, no VAT · No money back, no guarantee

 

[Sean Thornton]

How does that work? Does he just ask the buying club to deposit the sum into his current account?

It doesn’t . He’s clueless. As you can see.
“
The club are absolutely swimming in cash with the parachute payments and total lack of spending on transfer fees”

 

[Sean Thornton]

Yep understand that we need the cash, but it's annoying me that people think we won't make a profit on him. In the set of accounts covering this season it will show as a profit on sale.

Same people who think that selling him will reduce the value of the assets in the business when the opposite will actually happen!

If we get £20m and use it to pay off debts the net assets figure stays the same. The real issue is how much it weakens the team.

 

[Sean Thornton]

If we get £20m and use it to pay off debts the net assets figure stays the same. The real issue is how much it weakens the team.

Oh, of course a profit means it’s more for The Prince to take out nefariously……

 

[GrunkyPeep]

Oh, of course a profit means it’s more for The Prince to take out nefariously……

I've heard rumours from a reliable source that the Prince didn't want to open the hotel because he's been flogging the beds and chairs on ebay.

 

[Le Cynique]

No income tax, no VAT · No money back, no guarantee

 

[mattbianco1]

Be pawng him to forest if we can and see if we can get obrien and Emmanuel Dennis in some form.

Dennis can only play for Watford or Forest as he has played for both already this season. You're not allowed to feature for 3 different clubs in a season.

 

[Sean Thornton]

I've heard rumours from a reliable source that the Prince didn't want to open the hotel because he's been flogging the beds and chairs on ebay.

Actually Kev made several trips himself on a flatbed and took all the fixtures.

 

[Houston_Blade]

If we get £20m and use it to pay off debts the net assets figure stays the same. The real issue is how much it weakens the team.

That's right, but only if we owe £20m immediately and receive £20m immediately. In reality we might receive £5m, pay the EFL and then the remaining £15m goes to creditors. If Berge was only worth £7.5m then we are more valuable (on paper).

There are multiple scenarios in which it might be a case of money in, money out, however the point I'm making is that some people think that Berge is sat as a £20m asset and he's not!

Macquarrie will probably be waiting to provide us with another extortionate loan based on the deferred element of the payment though so it will give rise to another debtor and we're back to being financially fucked.

Agreed on the weakening of the team, swapping Berge for Osborn/Fleck/Coulibaly/Arblaster can't be a good move.

 

[GrunkyPeep]

Actually Kev made several trips himself on a flatbed and took all the fixtures.

Both in cahoots. And Bettis. Always Bettis. And Yusuf too.

 

[Bladesman98]

Gone from saying it would be sorted in a week to forcing Sander out to pay the debt. Madness.

 

[Aston max]

I like Sander but he is injury prone, he disappears in games, he can't tackle and can't head a ball.

This is all anyone needs to say about the lad

 

[Sean Thornton]

Gone from saying it would be sorted in a week to forcing Sander out to pay the debt. Madness.

That’s not what was said.

 

[Brownieblade]

Makes me laugh how our fans panic when nothing has actually changed.
I think back to the

"we won't be buying Brewster as we lack the ambition, he's easily worth £25 million, just pay him whatever he wants because he's a future England international."
Then there was "we won't be buying Berge because we lack ambition, Napoli and Liverpool were interested in him so he's obviously top quality"
and then there's the during last Summer "we lack ambition so we've be selling Berge and N'Diaye before the start of the 22-23 season"

We will ONLY sell players if the buying clubs meet our valuation
AND the sale enabled us to bring in players that will strengthen the team/ squad.

So we aren't selling Berge unless we have adequate replacements lined up.

Selling Berge is a good piece of business if we can at least get our money back.
I'm not saying Berge is poor because he's quality and I expect him to do well in the PL
however Berge career at Sheff Utd is similar to Pogba at Man Utd, for some reason it's not really worked out.

A good businessman would be to cash in whilst we can because although he's not worth much to us, he would be an excellent acquisition for other teams.
Selling Berge for £25 million to Fulham is one of them rare situations where everyone is a winner.

Sheff Utd are happy to receive £25 mill, we're out of the embargo and can spend half of it towards bringing in players that suit us better.
We have a vacant loan position, so I expect us to bring in a top PL loanee. Also might even be a transfer brought in.

Fulham are happy as spending 25 million for a quality international player isn't that expensive.

The player is happy, can now live in one of the best cities in the world, playing at a ground with better facilities (Fulham are building a big new stand).
He will be training at a better training ground and also will be receiving a big pay rise.

I wouldn’t be rushing to accept that the players lined up actually get here or are actually decent enough to be starters

 

[Bladesman98]

That’s not what was said.

I could’ve sworn I’d read an article saying that. Must be wrong.

 

[Sean Thornton]

That's right, but only if we owe £20m immediately and receive £20m immediately. In reality we might receive £5m, pay the EFL and then the remaining £15m goes to creditors. If Berge was only worth £7.5m then we are more valuable (on paper).

There are multiple scenarios in which it might be a case of money in, money out, however the point I'm making is that some people think that Berge is sat as a £20m asset and he's not!

Macquarrie will probably be waiting to provide us with another extortionate loan based on the deferred element of the payment though so it will give rise to another debtor and we're back to being financially fucked.

Agreed on the weakening of the team, swapping Berge for Osborn/Fleck/Coulibaly/Arblaster can't be a good move.

It’s actually correct even if Fulham or whoever only pay 25%, for example, as the balance becomes money owed to the club, or debtor included in current assets.

 

[MobileBlade]

Dennis can only play for Watford or Forest as he has played for both already this season. You're not allowed to feature for 3 different clubs in a season.

Just a question on this that intrigues me. Maybe one for Champagneblade - in Europe alot of clubs have reserve sides that play in the lower leagues. In yesterdays (totally awful) game between Schalke and Koln, Schalke had a player in their side making his second start who spent the first part of the season playing in their reservce side in the Regional League IV. They actually picked him up from a local side who play in Regional League V. I think they said it was in July so before the season started. But if he had played a game in the League in August, and then transferred to the reserve side, would he have still been allowed to play in the first team this season?

 

[Bladesman98]

Can see it now. Fulham sell Berge for triple that fee in a year to a top 6 side.

 

[Sean Thornton]

I could’ve sworn I’d read an article saying that. Must be wrong.

“Working towards”. No promise of settling in a week.

 

[mattbianco1]

Napoli have entered the room

 

[MobileBlade]

Napoli have entered the room

Napoli have as good as won Serie A this season.

 

[Bladesman]

Napoli have entered the room

Someone just pay the release clause already.

 

[Weasel]

Well if he is going, can they just get the fuck on with it and pay United a good few million. It's like waiting in the dentist waiting room to get confirmation that you need a shit load of dental work. Get on with it u twats.

 

[Kozzy_is_my_Dad]

Presumably a bidding war can take place, above the release clause fee? Or is it just first one to trigger the clause gets dibs?

 

[mattbianco1]

Presumably a bidding war can take place, above the release clause fee? Or is it just first one to trigger the clause gets dibs?

All can match the clause. Then it's down to the player and agent as to where he goes