Luke Woolfenden

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Hallamboy87

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Rumour on FLW that ourselves and Middlesbrough are both interested in him. Centre half from Coventry that they got last summer from Ipswich for a few million. Not really seen a lot of him but has got 2 promotions from the championship under his belt
 



We would have to pay a fee for him which i can imagine Coventry will want to get as much money back as they bought him for last summer.
 
We would have to pay a fee for him which i can imagine Coventry will want to get as much money back as they bought him for last summer.
I think I read that we still owe money to Coventry for Hamer - if that’s true then I can’t see Cov rushing to do business with us…
 
This is actually proof that journalists used to be people we trusted whereas now they publish anything just to get bites for their web sites
 
I think I read that we still owe money to Coventry for Hamer - if that’s true then I can’t see Cov rushing to do business with us…
Only in the sense that transfer fees are paid over the life of a contract. In which case, everyone still owes transfer fees until the initial contract expires.
 



Only in the sense that transfer fees are paid over the life of a contract. In which case, everyone still owes transfer fees until the initial contract expires.
You’re confusing contract amortisation with the cash payments made for transfers.

The transfer fee is amortised over the length of the contract in the accounts of the buyer, however the cash payments are paid per whatever agreement was made between the buyer and seller.
 

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