CONFIRMED Michael Cooper signs for the Blades

[Bl4desutd]

I would sincerely hope that as the ink is drying on Osula’s Newcastle contract, this lad is finishing his 48th and final medical with us and is signed and sealed within 24 hours. He should be up in Sheffield within a few hours with all details agreed.

Then I woke up.

Weasel

 

[Younger Dryas Blade]

I hope we sign this kid, a great talent but with his knee injuries he's never going to pass the required 79 medicals.

 

[YES Blade]

More posts about medicals

 

[Ndiayewillalwaysloveyou]

Knew not to believe them Plymouth tweets

 

[Blade58]

If you read the Nixon thread, I’ve popped on Nixons article

We have to sell to raise funds for Cooper but apparently bidders don’t want Osula sold

 

[Nick Jansky]

If you read the Nixon thread, I’ve popped on Nixons article

We have to sell to raise funds for Cooper but apparently bidders don’t want Osula sold

So they can either buy the club or shut the fuck up about it until such time as it is their business.

 

[Frank the tank]

So they can either buy the club or shut the fuck up about it until such time as it is their business.

The fact they still seem to be haggling suggests to me they aren't that serious

Tyre kickers who need sending on their way

 

[Bladesman]

So they can either buy the club or shut the fuck up about it until such time as it is their business.

They have already been warned by the EFL not to interfere until the sale has gone through.

 

[Need4speed]

So they can either buy the club or shut the fuck up about it until such time as it is their business.

But it is their business. They are bidding to buy the club and all it's assets including the players registrations. If the Prince sells Osula for £15m and pockets £10m of that. The club and assets are worth less than they were before Osula's sale.

 

[Bladesman]

But it is their business. They are bidding to buy the club and all it's assets including the players registrations. If the Prince sells Osula for £15m and pockets £10m of that. The club and assets are worth less than they were before Osula's sale.

Still isn't their issue until they own the club otherwise that means we can't sell anyone.

 

[Nick Jansky]

But it is their business. They are bidding to buy the club and all its assets including the players registrations. If the Prince sells Osula for £15m and pockets £10m of that. The club and assets are worth less than they were before Osula's sale.

Where have you read that he’s going to pocket £10m? And how are you suggesting he would do that? He certainly doesn’t have a track record of it. Quite the opposite, in fact.

What will happen is either we have the player at whatever his amortised value currently is or we will have £15m which we can choose to spend as we wish. If one exceeds the other then the value of the club shifts accordingly. It becomes their business if they buy the club, but not until then. If they are dithering this might be something that forces their hand, one way or another.

 

[BrisBlade]

Maybe the buyers should tell the EFL to pull their finger out. It's a bit difficult to say they can't interfere until the take over goes through, but meanwhile the asset base of the thing they are proposing to buy is shifting by millions with every outgoing and incoming.

 

[Need4speed]

Where have you read that he’s going to pocket £10m? And how are you suggesting he would do that? He certainly doesn’t have a track record of it. Quite the opposite, in fact.

What will happen is either we have the player at whatever his amortised value currently is or we will have £15m which we can choose to spend as we wish. If one exceeds the other then the value of the club shifts accordingly. It becomes their business if they buy the club, but not until then. If they are dithering this might be something that forces their hand, one way or another.

I am not saying he will pocket £10m but from the new owners point of view he could and then the club & assets would be worth less than they were. It goes the other way as well. If we could get Cooper of a 4 year deal his asset value will likely be more than the £3m we pay for him, unless he is Grbic mark2.

 

[Need4speed]

Still isn't their issue until they own the club otherwise that means we can't sell anyone.

No it means the value of the club in terms of assets changes when we buy or sell assets and that make negotiations more difficult

 

[Nick Jansky]

No it means the value of the club in terms of assets changes when we buy or sell assets and that make negotiations more difficult

It isn’t a major complication in the grand scheme of things. Each asset will have already had a value placed on it. A conversion of an asset to cash will mean a fairly straightforward bit of arithmetic.

 

[EddieColquhoun]

If the Prince sells Osula for £15m and pockets £10m of that. The club and assets are worth less than they were before Osula's sale.

Aren’t transfer fees usually paid in installments rather than cash payments?

 

[Need4speed]

Aren’t transfer fees usually paid in installments rather than cash payments?

As seller club we can ask to be paid anyway we want.

 

[Nick Jansky]

As seller club we can ask to be paid anyway we want.

And the buying club can choose not to agree to that.

 

[Need4speed]

And the buying club can choose not to agree to that.

True and I think timings of payment affect the price a club can get for a player. But I don't think Newcastle are skint, just buggered by FFP if they don't sell anyone

 

[Bill puntin]

Its usually paid over the length of contract

 

[Frank the tank]

True and I think timings of payment affect the price a club can get for a player. But I don't think Newcastle are skint, just buggered by FFP if they don't sell anyone

Think the psr deadline passed last week and they are OK now

 

[ben1987]

Its usually paid over the length of contract

Usually is, Newcastle also raised eyebrows fairly recently when they agreed to pay the Gordon fee up front.

So it is possible to work to an agreement with most / all of the fee up front.

You might get slightly less for the player that way like

 

[Maidenhead]

It isn’t a major complication in the grand scheme of things. Each asset will have already had a value placed on it. A conversion of an asset to cash will mean a fairly straightforward bit of arithmetic.

If the players are bought and sold at fair value, then the only things that change on the balance sheet are cash, and debtors/creditors.

The value of the business remains exactly the same.

 

[Maidenhead]

If the players are bought and sold at fair value, then the only things that change on the balance sheet are cash, and debtors/creditors.

The value of the business remains exactly the same.

As an after thought, that's not actually correct.

The valuation of the playing squad will also change.

It's unlikely that Osula will have anything other than a minimal valuation on the current balance sheet so the value of our assets will actually increase as a result of a sale at the price stated.

Quite ironic as our ability to compete on the pitch will be going down as the value of the business on paper is going up

 

[ancientblade]

well somebody needs to make a decision one way or the other a bit lively because we cant go in to this season with davies and grbic vying for the shirt its either find the cash for cooper or bring a loan keeper in

 

[Nick Jansky]

As an after thought, that's not actually correct.

The valuation of the playing squad will also change.

It's unlikely that Osula will have anything other than a minimal valuation on the current balance sheet so the value of our assets will actually increase as a result of a sale at the price stated.

Quite ironic as our ability to compete on the pitch will be going down as the value of the business on paper is going up

I was just going to mention profit/loss on the disposal of an asset

 

[Nick Jansky]

As an after thought, that's not actually correct.

The valuation of the playing squad will also change.

It's unlikely that Osula will have anything other than a minimal valuation on the current balance sheet so the value of our assets will actually increase as a result of a sale at the price stated.

Quite ironic as our ability to compete on the pitch will be going down as the value of the business on paper is going up

This actually makes me wonder if one of the sticking points might be that the bidders are wanting to pay the balance sheet values of the young players whereas the Prince is looking at their true market values which, collectively, will be tens of millions higher. Maybe the sale of Osula is to prove that point.

Pure conjecture on my part, though.

 

[Need4speed]

If the players are bought and sold at fair value, then the only things that change on the balance sheet are cash, and debtors/creditors.

The value of the business remains exactly the same.

Not if the Prince decides to take money out of the club

 

[BigBed]

Starting to think Rushworth or Dubravka on loan might be a better option, especially with our "medical" success!??

 

[Nick Jansky]

Not in the Prince decides to take money out of the club

Again, he hasn’t done this previously. Why do you think he would do it now?