ancientblade
Well-Known Member
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- Oct 15, 2020
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haha was wondering same actuallyMcCabe for a £1?
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haha was wondering same actuallyMcCabe for a £1?
I agree on the first three but by virtue of their written down values (net book value or NBV) the fees won't need to be much for us to record a profit. Someone somewhere will be stupid enough to give us £1.5m for Burke.
McBurnie is the one we'll lose money on. 2.5 years into a 4 year deal, NBV £6.75m
Burke 1.5 years into a 3 year deal, NBV £1.5m
Freeman 2.5 years into a 4 year deal, NBV £1.5m
Baldock has virtually no NBV, Enda doesn't as he joined on a free. Any fees received for either of those is going to be profit.
I have a feeling that our outstanding payments are virtually nil. Burke was a part-exchange; QPR would have insisted on the release clause in Freeman's contract being paid up front (and at £4m that wasn't a lot for a PL club) and I believe that Swansea wanted most, if not all, of the initial McBurnie payment early to cover the drop in their parachute payments.The issue will we get enough back to cover what we still owe on them.
I have a feeling that our outstanding payments are virtually nil. Burke was a part-exchange; QPR would have insisted on the release clause in Freeman's contract being paid up front (and at £4m that wasn't a lot for a PL club) and I believe that Swansea wanted most, if not all, of the initial McBurnie payment early to cover the drop in their parachute payments.
Didn't the Prince say in that interview that we'd structured the payments differently to normal, with most of money we owed on most of the transfers being paid upfront?I have a feeling that our outstanding payments are virtually nil. Burke was a part-exchange; QPR would have insisted on the release clause in Freeman's contract being paid up front (and at £4m that wasn't a lot for a PL club) and I believe that Swansea wanted most, if not all, of the initial McBurnie payment early to cover the drop in their parachute payments.
We don't have any money because we have spent 80% of our turnover on wages (cash out) as well as investing 40% of our turnover in capital assets paid for up front.Didn't the Prince say in that interview that we'd structured the payments differently to normal, with most of money we owed on most of the transfers being paid upfront?
It's the reason why I don't understand why we have no money.
McBurnie, he might be shit but at least we own him outrightI have a feeling that our outstanding payments are virtually nil. Burke was a part-exchange; QPR would have insisted on the release clause in Freeman's contract being paid up front (and at £4m that wasn't a lot for a PL club) and I believe that Swansea wanted most, if not all, of the initial McBurnie payment early to cover the drop in their parachute payments.
He's been greatly depreciated since he joined. Pity player registration transfer fees are intangible assets otherwise that would work on multiple levels #sadaccountancyjokeMcBurnie, he might be shit but at least we own him outright
Carrying on the thread..... He's been written off by many, me included.He's been greatly depreciated since he joined. Pity player registration transfer fees are intangible assets otherwise that would work on multiple levels #sadaccountancyjoke
hopefully not for much longerMcBurnie, he might be shit but at least we own him outright
He moves like a fixed asset, that's for sure.Carrying on the thread..... He's been written off by many, me included.
Didn't the Prince say in that interview that we'd structured the payments differently to normal, with most of money we owed on most of the transfers being paid upfront?
It's the reason why I don't understand why we have no money.
Perhaps this elusive investment/sponsor is finally going to happen?
Buzzing town in those daysLate Star Final. Pronounced LAYSTERFNNNNAY
Buzzing town in those days
This time of year the Chestnut Man was out in Pond Street.
Maybe we do have money and are being smokescreenedDidn't the Prince say in that interview that we'd structured the payments differently to normal, with most of money we owed on most of the transfers being paid upfront?
It's the reason why I don't understand why we have no money.
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