Cassius Kray
Subterranean Goat Anarchy
Pleased with this signing! Not least due to all the hypothetical maths nonsense.
You've got your maths a bit twisted there. The sell-on will be a percentage - for instance if the sell on is 25% and he's sold for £4m City would get £1m.
Combined with the buy-back clause, this means that if he's sold to City for £4m they will actually pay only £3m. If they then sell him for £6 they've made £3m profit, less fees.
The formula would be:
P(W) - [P(BB) x [1 - P(SO)]] > 2 x [F(A)]
As various people above have noted, this is incorrect.
We'd hand over the % sell-on clause, but if City decline their option to buy him at the agreed buy-back fee then that is irrelevant. If we accept a lower offer from another club then we'd likely also have to accept it from City as well.
Let's say the buyback is £10m, and sell-on clause is 25%. City don't want him, but Arsenal offer £8m which we accept. We'd then have to pay City £2m.
I heard it's 110%.
It would be interesting if there's a buy-back clause and a sell-on fee. It would mean that, for Ricky's suggestion to work out, the profit (after all expenses, etc.) would have to be more than the sell-on fee in order to tempt them to trigger the buy back. Say the buy back fee is £4m, and the sell on is 25%. That would mean that, if he's eventually worth £6m, I doubt that they'd bother with the buy back. They'd get £1.5m from the sell on, but would make £2.0m minus agents' fees (twice) from the buy back, so almost certainly not worth it.
If [P(W) - P(BB)] - [p(SO) x P(W)] > 2 x [F(A)], then they'd activate the buy back
Where:
P(W) = Price player is worth
P(BB) = Agreed buy back fee
p(SO) = Proportion as sell on fee
F(A) = Agents' fees
Actually, when I say "It would be interesting...", it isn't.![]()
You've got your maths a bit twisted there. The sell-on will be a percentage - for instance if the sell on is 25% and he's sold for £4m City would get £1m.
Combined with the buy-back clause, this means that if he's sold to City for £4m they will actually pay only £3m. If they then sell him for £6 they've made £3m profit, less fees.
The formula would be:
P(W) - [P(BB) x [1 - P(SO)]] > 2 x [F(A)]
Yes sounds like he's a good lad and he's already tweeted how much he hates your lot from S6.
He's OUR PLAYER.
A buy back, guarantees the fee, not the timing. If we come to sell Citeh have first dibs but they can't force a sale.
Nice try though to piss on our chips while we are all happy.
How is the transfer activity at your place coming along?
As various people above have noted, this is incorrect.
It's a long way off but I'm wondering what happens if another club bids for him and we accept. I imagine that City would get first option at the agreed price but if they didn't want him, would we still be obliged to hand over the value of the buy back clause from any fee that we'd get?.
We'd hand over the % sell-on clause, but if City decline their option to buy him at the agreed buy-back fee then that is irrelevant. If we accept a lower offer from another club then we'd likely also have to accept it from City as well.
Let's say the buyback is £10m, and sell-on clause is 25%. City don't want him, but Arsenal offer £8m which we accept. We'd then have to pay City £2m.