£4m up front for Brooks

[Cerberus Blade]

Confirmed in today’s Star. It’s what I was saying on here a few weeks ago about us not getting the £12m up front. And this is why I said I’d be astonished if we spend more than £3m this summer.

United will receive an intial payment of £4m from Bournemouth on July 1, according to a High Court judge following a preliminary hearing into the dispute between co-owners HRH Prince Abdullah Bin Mosaad Bin Abdulaziz Al Saud and Kevin McCabe last month. Mr Justice Fancourt, outlining his reasons to refuse a request from one of McCabe's companies that another, controlled by Prince Abdullah, should be ordered to loan United's parent company £1.25m, explained Brooks' fee was liable to be paid in instalments rather than as a lump sum

 

[Foxy]

Normal transfer is normal.

The proposed and supposed deal was explained in the link I posted on this thread - https://www.s24su.com/forum/index.php?threads/ownership-developments.64814/

As is a potential budget and that the Prince argues we don't need to spend owt on players to not go backwards.

 

[Muttley]

As opposed to what James Shield said last week.
Brooks has signed a four year contract, which The Star understands is worth £30,000 a week, on the south coast after informing Wilder he wanted to join Eddie Howe’s side. United are set to receive an initial downpayment of £12m from the Premier League club, with a further £3m due in what sources have described as “realistic” performance-related payments. Wilder hopes the vast majority of that money will be made available for transfers as he chases two new centre-forwards and a centre-half.

 

[Foxy]

It is of course possible that the deal is different to how it was expected during the discussions detailed. I'd be astounded if they've paid anything like £10m+ up front though, it just doesn't happen. It's also possible that the article is misphrased.

 

[imp998]

But Hey we might also buy a player with a small down payment

 

[SwitchBLADE Smiles]

So we've sold our best prospect since 50% of the current England back 4, to a mega rich premier league club... And we've sold him on a fucking finance deal??

Is there any wonder people get pissed off when United sell their best players when this is the kind of wank deal we get, time after time?

Did the guy organising these deals also formerly run Northern Rock?

Astonishingly poor, even for United...

 

[Blade for Sale]

So we've sold our best prospect since 50% of the current England back 4, to a mega rich premier league club... And we've sold him on a fucking finance deal??

Is there any wonder people get pissed off when United sell their best players when this is the kind of wank deal we get, time after time?

Did the guy organising these deals also formerly run Northern Rock?

Astonishingly poor, even for United...

Literally all transfers work like that

 

[Foxy]

So we've sold our best prospect since 50% of the current England back 4, to a mega rich premier league club... And we've sold him on a fucking finance deal??

Is there any wonder people get pissed off when United sell their best players when this is the kind of wank deal we get, time after time?

Did the guy organising these deals also formerly run Northern Rock?

Astonishingly poor, even for United...

Are you new to football player transfers?

 

[Houston_Blade]

We buy players in the same way so it's no skin off our nose. The £12m "up front" relates to the guaranteed sum from Bournemouth, the rest is performance related. The one I'd like to see us do is to insert perpetual sell on clauses into contracts as a way of playing a bit more hardball, not many teams will go for it but think on the Maguire deal if we'd now got even 5% of his next fee as a sell on, we'd be laughing and Leicester could add this to the transfer price to cover themselves.

 

[Ainsley Harriott]

“It’s how all transfers work” - £4m ffs.

Shafted up the jacksie by fuckin Bournemouth.

Still, at least we have a club

 

[McGrath]

I thought this was how all transfers were structured. We'll do the same when we sign a player.

 

[west_yorks_blade]

Regardless of the way these deals are structured, with the current High Court wrangling over relatively small sums of money to be loaned/gifted, I’m concerned about the budget Wilder has available to him to spend.
The owners will have to have agreed a compromise figure, and neither seem to be the compromising type.

 

[Nicolaus_Copernicus]

I thought this was how all transfers were structured. We'll do the same when we sign a player.

I’l hope not. Splitting £12m into three payments is one thing, asking Southend or such like, if we can do the same with £500k is a bit embarrassing.

 

[YES Blade]

I thought this was how all transfers were structured. We'll do the same when we sign a player.

That's what I thought, some clubs might ask for the lot up front if they are desperate for the money ASAP, but that would probably reduce the overall fee received.

Anyway what's the issue? We are going to be getting £12m over a few years, what difference does it make if we don't get it in one lump sum?

 

[SwitchBLADE Smiles]

Are you new to football player transfers?

Apparently so... How long has this sort of transfer been the done thing? I understand it when lower league clubs, who don't necessarily have the finances to be chucking hundreds of thousands / millions at transfers do it, but premier league sides too?

 

[SwitchBLADE Smiles]

That's what I thought, some clubs might ask for the lot up front if they are desperate for the money ASAP, but that would probably reduce the overall fee received.

Anyway what's the issue? We are going to be getting £12m over a few years, what difference does it make if we don't get it in one lump sum?

I think the big problem, particularly for us, is the difference between United signing adequate replacements for Brooks / improving the squad and not having the financial power to bring in 'top' championship players (which has been mooted). Especially so considering our owners are currently pissing about in the courts...

 

[BigBed]

Apparently so... How long has this sort of transfer been the done thing? I understand it when lower league clubs, who don't necessarily have the finances to be chucking hundreds of thousands / millions at transfers do it, but premier league sides too?

They just stick it on their Barclay card pal.

 

[sitwell]

I wonder if Scott Hogan will accept 15 k week ,5 in his wage packet another 5 in 3 months and the rest spread out over the length of his contract ? Im sure Andy Pack ,Rooks and Mrs Miggins in the laundry get paid this way. But I bet his fucking agent gets his fee up front.

 

[TJB.]

That's what I thought, some clubs might ask for the lot up front if they are desperate for the money ASAP, but that would probably reduce the overall fee received.

Can't recall the player but when Villa went to shit they rang a club up (Burnley?) who owed them a final instalment on a transfer fee. Offered them a 10% discount on the amount due if they paid immediately as Villa were gagging for the cash.

 

[Carlton Blade]

Makes sense. Can't imagine clubs have bank accounts with £100m in. You have to move your assets around to release cash

 

[coolhandluke]

Apparently so... How long has this sort of transfer been the done thing? I understand it when lower league clubs, who don't necessarily have the finances to be chucking hundreds of thousands / millions at transfers do it, but premier league sides too?

Don't let anyone on here piss up your leg and tell you it's raining pal .

The only teams permitted NOT to pay the full transfer fee upfront and in full are those clubs who's average attendances are below 2741 ( this figure includes dogs but not cats as per FIFA's 2006 Blatter mandate ..... he fucking hates cats . ) Average attendance over 2741 ? Pay it, in full, on time and no funny stuff .

 

[Houston_Blade]

Makes sense. Can't imagine clubs have bank accounts with £100m in. You have to move your assets around to release cash

This exactly, the cash requirements of a football club (in particular a PL club) are huge. To then have the cash to fund transfers as well is unlikely so they pay in installments.

 

[Balham]

I wonder if Scott Hogan will accept 15 k week ,5 in his wage packet another 5 in 3 months and the rest spread out over the length of his contract ? Im sure Andy Pack ,Rooks and Mrs Miggins in the laundry get paid this way. But I bet his fucking agent gets his fee up front.

Paying wages is completely different to the capital investment in purchasing the player's registration. Do you buy your vans up front in cash?

FWIW Barcelona used to pay their players' salaries in two installments, one in July and one in January.

 

[Blade56]

The good news is the £4m will cover all the costs of the courts preliminary hearing

 

[SwissBlade]

It is of course possible that the deal is different to how it was expected during the discussions detailed. I'd be astounded if they've paid anything like £10m+ up front though, it just doesn't happen. It's also possible that the article is misphrased.

Its normally 10-25% upfront isn't it? Equal Instalments then paid over a set term of 2-3 years

I think even the Tevez money was paid in 2-3 instalments wasn't it? I seem to remember the new owners of West Ham complaining about it

 

[YES Blade]

I think the big problem, particularly for us, is the difference between United signing adequate replacements for Brooks / improving the squad and not having the financial power to bring in 'top' championship players (which has been mooted). Especially so considering our owners are currently pissing about in the courts...

Like others have said, we'll be paying our transfer fees in installments, if we sign a striker for £3m, we ain't going to send the whole lot via BACS that day.

 

[Sean Thornton]

So we've sold our best prospect since 50% of the current England back 4, to a mega rich premier league club... And we've sold him on a fucking finance deal??

Is there any wonder people get pissed off when United sell their best players when this is the kind of wank deal we get, time after time?

Did the guy organising these deals also formerly run Northern Rock?

Astonishingly poor, even for United...

It's quite normal.

 

[Sean Thornton]

Its normally 10-25% upfront isn't it? Equal Instalments then paid over a set term of 2-3 years

I think even the Tevez money was paid in 2-3 instalments wasn't it? I seem to remember the new owners of West Ham complaining about it

5

 

[SouthEssexBlade]

I cannot believe that people actually thought that transfer fees were paid in one lump sum. Ahh well, with a fixed and determined agenda anything to beat the club/board/McCabe with, even an imaginary brick.

 

[Sean Thornton]

Like others have said, we'll be paying our transfer fees in installments, if we sign a striker for £3m, we ain't going to send the whole lot via BACS that day.

You do on FIFA 18.