Frenkie de Jong | The last muppeting lap

Frenkie to United?


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Chief123

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Shopping at Louis Vuitton on your £1650 minimum wage. Barcelona are hilarious. Levers or not, there will come a time this will backfire surely ?
It will be after Laporte’s tenure. He doesn’t give a shit about the future. He’s spending now to make his reign look glorious. Same as the President beforehand.

It’s a bit like Climate Change. Everyone knows there needs to be improvements for the future but no one can be that arsed about it to do anything
 

JPRouve

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Don't be daft, your club is hilarious. Can't pay your players their wages, but signing new ones every day.
According to Barcelona fans, their club didn't borrow a billion dollar and they didn't ask their players to take pay cuts and deferred wages. Everything is normal and the world is against them.
 

Strootman's Finger

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It will be after Laporte’s tenure. He doesn’t give a shit about the future. He’s spending now to make his reign look glorious. Same as the President beforehand.

It’s a bit like Climate Change. Everyone knows there needs to be improvements for the future but no one can be that arsed about it to do anything
So Barcelona's debt isn't real?
 

FCBarcelona

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last message of the day as i only have 5 per day

Your club is the one that is saying that by saying Frenkie has to take a pay cut to stay. The constant posturing and disinformation from Laporta and the Barca media is exhausting, you would not be selling future revenue and asking people to take pay cuts if everything was as rosy as you say it is.

The simple truth is that you have embarked on a strategy where the clubs future solvency is based entirely upon the far from certain assumption that you will win trophies and maximise potential revenues in the CL. It could work and look like an absolute masterstroke but it can just as equally crash and burn horribly but all we hear is Barca fans repeatedly trotting out the party line and believing everything Laporta says.

You sold 25% of LA Liga tv revenues which amounts to 40M per year. The deal is for 25 years so even on the flawed assumption that the tv rights don't increase in value that amounts to 1 billion over the life of the deal that you have given up, historical trends and the market would suggest that true number will be closer to 2.5 billion and you did all of this for around 500M up front. Yes there are clauses to buy back those rights but you don't have the money to do that currently and crucially you have no certainty that you ever will as it is wholly dependent on you earning revenue from competitions you have not even qualified for yet. This is not the action of a financially stable entity and to continue to claim this is a sound business plan and Barca have no financial concerns for the future is practically cult like behaviour.
good news is that you accept that you have 0 knowledge about barça. that's a beginning. you just said that barça couldnt use collateral and that is why barça loan rates are sky high. well, both things are false. now, instead of answering to my response to you, you are talking about a 100 different things. it says something about.

club says that it wants to have all the squad in the salary pyramid. period. the disinformation you can find here is minimum at the same level.

i have never said that "everything is rosy". laporta has never said that either. it is actually the opposite, laporta has said a million times that he doesnt like the "levers", but it just need to be done for the future of the club. it is mindblowing that you follow every single phrase of laporta, barça and media and you are still following the narrative that the club is selling this like a genius movement. it is not actually mindblowing, it is just hate and follow the narrative you want to follow. that's all.

by the way, i dont know why laporta has to explain YOU, a united fan, anything. if something, he has to inform barça fans.

the simple truth is that barça has sold 5% of the current revenues (and the % will decrease) and that's all. barça can live confortably with 5% less money for some time.
truth is that the most part of the money has gone to pay debt that comes with an interest too but you don't take that into the equation. barely 100M has been used to buy players from the over 500M barça has received from levers.
barça does not have money today for that, but it can have it in 5 years. the wage bill has already been reduce dramatically and will be 100% healthy in 2 years tops.
simple truth is that this decision is more conservative that just paying the debt with loans. if situation improves barça pays more money, if situation worsens barça pays less money. i dont know how revenue dependent payments is more risky than paying same money no matter what.

but time will tell, and you can find a thread from a decade ago stating basically the same... that barça was doomed.

barça situation is MASSIVELY BETTER than 1 year ago, you like it or not. that is different from being perfect, but you just don't (want to) understand that there are tones between black and white.

pd: im going to give you credit for spelling laporta correctly... a lot of people here keeps pushing for "laporte" :lol:

Basically, if Barca have a season from hell, their club is finished :lol:
100% false, but if you are going to be happier thinking that...

Don't be daft, your club is hilarious. Can't pay your players their wages, but signing new ones every day.
another one with the same story... barça pays and has always paid its players. if barça does not pay, barça gets relegated. simple as that.

Their fans are cultists who will regurgitate anything Laporta does as a good thing. You cannot reason with them.

Apparently asset stripping is a good thing. In the next few years this fire will grow into a closing down sale, hopefully.
apparently you don't know how to read, as nobody ever said that thing.
hilarious to read about "cults" from chelski fans... hahahahahaha.
 

Chief123

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last message of the day as i only have 5 per day



good news is that you accept that you have 0 knowledge about barça. that's a beginning. you just said that barça couldnt use collateral and that is why barça loan rates are sky high. well, both things are false. now, instead of answering to my response to you, you are talking about a 100 different things. it says something about.

club says that it wants to have all the squad in the salary pyramid. period. the disinformation you can find here is minimum at the same level.

i have never said that "everything is rosy". laporta has never said that either. it is actually the opposite, laporta has said a million times that he doesnt like the "levers", but it just need to be done for the future of the club. it is mindblowing that you follow every single phrase of laporta, barça and media and you are still following the narrative that the club is selling this like a genius movement. it is not actually mindblowing, it is just hate and follow the narrative you want to follow. that's all.

by the way, i dont know why laporta has to explain YOU, a united fan, anything. if something, he has to inform barça fans.

the simple truth is that barça has sold 5% of the current revenues (and the % will decrease) and that's all. barça can live confortably with 5% less money for some time.
truth is that the most part of the money has gone to pay debt that comes with an interest too but you don't take that into the equation. barely 100M has been used to buy players from the over 500M barça has received from levers.
barça does not have money today for that, but it can have it in 5 years. the wage bill has already been reduce dramatically and will be 100% healthy in 2 years tops.
simple truth is that this decision is more conservative that just paying the debt with loans. if situation improves barça pays more money, if situation worsens barça pays less money. i dont know how revenue dependent payments is more risky than paying same money no matter what.

but time will tell, and you can find a thread from a decade ago stating basically the same... that barça was doomed.

barça situation is MASSIVELY BETTER than 1 year ago, you like it or not. that is different from being perfect, but you just don't (want to) understand that there are tones between black and white.

pd: im going to give you credit for spelling laporta correctly... a lot of people here keeps pushing for "laporte" :lol:



100% false, but if you are going to be happier thinking that...



another one with the same story... barça pays and has always paid its players. if barça does not pay, barça gets relegated. simple as that.



apparently you don't know how to read, as nobody ever said that thing.
hilarious to read about "cults" from chelski fans... hahahahahaha.
Couldn’t be bothered reading. But the first line was very positive news.
 

bdspeedy

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Rumor has it that Barca still has several "levers" they can implement. The next one involves inserting hoses up the backside of players to harness their methane and sell it to the city who will use it to power shuttle buses to the Camp Nou.
 

RedStarUnited

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it is astonishing that you keep saying that barça cannot pay players.

barça can pay its bills. barça has always done that. if barça couldn't, barça would be relegated. revenues are increasing after covid and the wage bill has reduced considerabilly. we are already close to 400M in wage bills (560 of last year included some deferral and 1 time payments). it will take 1 or 2 extra years to be 100% free of toxic contracts.

barça had almost 1000M revenues before pandemic (i think it topped to 990). united debt is 600, not 400. barça debt will be closer to 1bn (if not less) by next year. it was 1.35bn but included some provisions that will not be paid (among other things).




of course barça can use its assets as collateral. barça can even sell them!

barça last loan (short to long term loan) with goldman sachs (last year) was closed at 1.98% (pretty decent rate from my point of view, dont you think?) and it included 90% of laliga tv revenues as collateral. that is why the "levers" were done in 2 stages of negotiations. first 10% (without gs), second 15 (including rights used as collateral with gs, that is why barça paid 100M to GS to pay part of the loan)

barça debt is, worst case, doubling united (united debt is almost 600M euros).

only a small part of the money from the levers has gone to players. the net spending in players is way lower than this forum thinks.

barça has sold 5% of the current revenues, that % will lower in the future. not good, but far from catastrophic.



explanations are, best case, incomplete.
barça fans prepared a censure motion the former president (who should be in jail) and we have a new board.
the situation has MASSIVELY improved in the last year.



spanish ffp has been longer than that. it was covid (radical decrease of revenues) + criminal structure wages bartomeu put in placed combined what put barça near collapse (it is not there anymore).
The way Barca fans are so understanding of this situation really surprises me.
 

MIC_FIN

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Blah blah blah blah fecking blah..

Worse than boris johnson this saga.

Come to united, don't come to united.
Pay me the fecking money, don't pay me the money.
Stay at barca, but don't stay at barca.
Goto jail, pass go don't collect your fecking deferred wages.
Collect the future wife, eat the future wife.
Buy a home, sell the fecking home.
Don't like europa league, feck europa league
Rainy days in Manchester? Feck Stoke.

He's not said a word.. Don't say a fecking thing Frenkie you mad cnut. Play in midfield, but don't play in midfield. Play in defence, but only if you have to.
 

Strootman's Finger

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Rumor has it that Barca still has several "levers" they can implement. The next one involves inserting hoses up the backside of players to harness their methane and sell it to the city who will use it to power shuttle buses to the Camp Nou.
Spotify Camp Nou, those feckers sold their soul, don't ever let them forget it.
 

soapythecat

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Barca fans on here showing similarity to the Brexit and flat earth loons on Twitter.

If you’re a Barca fan and not worried about the way the club are operating financially, then good on you. I’d be concerned, maybe more so than I am about the way the Glazers operate United.
 

marcus agrippa

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another one with the same story... barça pays and has always paid its players. if barça does not pay, barça gets relegated. simple as that.
Lots to unpack here, most of it head-in-the-ground, it'll-all-work-out-I-hope-please-god stuff, but I'll focus on this. Now I'm confused; what exactly do you mean by 'pay their players'? Don't Barca STILL owe the likes of Busquets and Pique, not to mention Messi, eight figures EACH? I mean, they 'pay' them by getting them to defer to a future date (hopefully when I'm gone, thinks Laporta), but still ...
 

Ragnar123

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feck me, they have sold 25% of la liga tv rights for 25 years at an astonishingly dog shit price, just to absolutely spunk as much as possible in one Summer. Absolutely insane stuff.
And people thought the last guy was bad.
Sold them for around €600m. Transfer balance as of today is -€130m and 5 - 8 players will leave. With Frenkie, it would be -€50m. Yes, sounds like as much as possible. Absolutely insane stuff.
 

mu4c_20le

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Lots to unpack here, most of it head-in-the-ground, it'll-all-work-out-I-hope-please-god stuff, but I'll focus on this. Now I'm confused; what exactly do you mean by 'pay their players'? Don't Barca STILL owe the likes of Busquets and Pique, not to mention Messi, eight figures EACH? I mean, they 'pay' them by getting them to defer to a future date (hopefully when I'm gone, thinks Laporta), but still ...
I mean as a neutral I kind of get it... they are 'too big' to fail, what can really happen, etc
 

r3idy

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Your post gives some balance
last message of the day as i only have 5 per day



good news is that you accept that you have 0 knowledge about barça. that's a beginning. you just said that barça couldnt use collateral and that is why barça loan rates are sky high. well, both things are false. now, instead of answering to my response to you, you are talking about a 100 different things. it says something about.

club says that it wants to have all the squad in the salary pyramid. period. the disinformation you can find here is minimum at the same level.

i have never said that "everything is rosy". laporta has never said that either. it is actually the opposite, laporta has said a million times that he doesnt like the "levers", but it just need to be done for the future of the club. it is mindblowing that you follow every single phrase of laporta, barça and media and you are still following the narrative that the club is selling this like a genius movement. it is not actually mindblowing, it is just hate and follow the narrative you want to follow. that's all.

by the way, i dont know why laporta has to explain YOU, a united fan, anything. if something, he has to inform barça fans.

the simple truth is that barça has sold 5% of the current revenues (and the % will decrease) and that's all. barça can live confortably with 5% less money for some time.
truth is that the most part of the money has gone to pay debt that comes with an interest too but you don't take that into the equation. barely 100M has been used to buy players from the over 500M barça has received from levers.
barça does not have money today for that, but it can have it in 5 years. the wage bill has already been reduce dramatically and will be 100% healthy in 2 years tops.
simple truth is that this decision is more conservative that just paying the debt with loans. if situation improves barça pays more money, if situation worsens barça pays less money. i dont know how revenue dependent payments is more risky than paying same money no matter what.

but time will tell, and you can find a thread from a decade ago stating basically the same... that barça was doomed.

barça situation is MASSIVELY BETTER than 1 year ago, you like it or not. that is different from being perfect, but you just don't (want to) understand that there are tones between black and white.

pd: im going to give you credit for spelling laporta correctly... a lot of people here keeps pushing for "laporte" :lol:



100% false, but if you are going to be happier thinking that...



another one with the same story... barça pays and has always paid its players. if barça does not pay, barça gets relegated. simple as that.



apparently you don't know how to read, as nobody ever said that thing.
hilarious to read about "cults" from chelski fans... hahahahahaha.
Your post of course addresses some of the media bias.

As one of the marquee clubs are you OK with the concept of signing new players on no doubt very good wages with signing on bonus whilst asking other players to effectively forgoe wages they are owed which was deffered due to Covid. Is this just a false narrative being spun?
 

MIC_FIN

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You've basically sold a percentage of your TV rights for the next 25 years. You've also just blown a massive percentage of that fee on players you can't register. And rightly fecking so.

Some corrupt shit going on over there, and it's absolutely obvious to everyone
 

Oly Francis

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Sold them for around €600m. Transfer balance as of today is -€130m and 5 - 8 players will leave. With Frenkie, it would be -€50m. Yes, sounds like as much as possible. Absolutely insane stuff.
Kinda funny how quickly Barça fans forget about signing bonuses when it involves their club, I heard this term far more last year when PSG signed Messi :lol:
 

sewey89

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We’ll either finalise this deal soon or we’ll keep seeing links to Chelsea from the Spanish press to try and get us to finalise the deal.

One things for sure. This is getting done
 

marcus agrippa

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I mean as a neutral I kind of get it... they are 'too big' to fail, what can really happen, etc
We'll see ...

But what I can't understand is Barca fans legitimately acting like there isn't anything worrying going on. Like, I'm no financial genius, but there's no way I'm selling a percentage on future earnings (that may well increase beyond the value I'm selling them for NOW) in exchange for an injection of cash now. Not unless I'm desperate, which is what Barca clearly are.
 

MIC_FIN

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Might I suggest a purge of Barca delusionals if for some reason this deal doesn’t happen (it will). Consider it a consolation prize. :D
Keep the bastards in here I say. Watch that ship turn to shit and sink. When they come crying woe is me. Then you turn to selective dismissal.
 

hellhunter

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We'll see ...

But what I can't understand is Barca fans legitimately acting like there isn't anything worrying going on. Like, I'm no financial genius, but there's no way I'm selling a percentage on future earnings (that may well increase beyond the value I'm selling them for NOW) in exchange for an injection of cash now. Not unless I'm desperate, which is what Barca clearly are.
And then use all that cash to buy a ton of new players. If they used that money to pay off old wages to Pique and the likes, or settle debt, fair enough. But selling away your future just to buy more players is ridiculous
 

Niemans

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It’s not a problem to be in debt. Debt is a very good way to finance something, such as a new machine for your business. It only means that you owe someone money, such as a bank. The debt is repaid over a set time and with interest. For various reasons Barcelona have too much costs compared to their revenue and cannot pay the wages of their players. This is very, very serious and I am not sure it should even be defined as a debt. If you can’t pay your bills you are not in debt, you are bankrupt and your house will be confiscated. If a business was in Barcelonas situation it would be really, really bad. Probably restructure or bankruptcy and legal and financial consequences for the board and directors unless appropriate steps had been taken prior. Buying new players like no other club in Europe probably does not count as appropriate steps.

Even if they are legally allowed to invest in new players while they still cannot pay the wages to the existing players, it must be completely unsustainable for them long term. I think these clubs are so corrupt that they just calculate that someone or something will come in and save them later.

Pathetic club.

Manchester United had a revenue of €712 million prior to the pandemic. With that revenue and control over costs, a debt of €400 million is not an issue on its own. Whatever we think of the Glazers, United is a very well run business.
Just out of curiosity. What is United's net and gross debt?
 

sglowrider

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So far as I understand it, our debt is secured against the value of the club and is on preferable terms and easily manageable when set against our revenue. Barca's debt was more than triple ours and due to the ownership structure I don't think they can use assets as collateral as easily as we can and so they wound up with a lot of debt on very poor terms and had their debt rating lowered during COVID which came at just about the worst possible time for them right on the heels of some massive expenditure.

Moving forward they could go for austerity, signing cheap players or free agents and use the academy graduates and they briefly flirted with this at the beginning of last season. They stank up La Liga for 3 months and crashed out of the CL at the group stage and at that point they reversed course quickly deciding that austerity was too risky as if they missed out on future CL revenue it could exacerbate the financial problems and also their fans were close to rioting at the dreadful performances they were seeing. Their new strategy is you have to spend money to make money, the obstacle being they had none to spend and so could only obtain funds by mortgaging future TV rights. The strategy is incredibly high risk, there is a scenario where they win masses of trophies including CLs and revenue explodes as a result sweeping away their problems but there is also a scenario whereby they fail to reach the knockout stages again in 1 or 2 seasons or even miss out on CL altogether and any drop in revenue could be catastrophic to the financial house of cards they have constructed. It is fascinating to watch.
Their plan B besides the limited levers will be the super League in the mid term.
 

Superunknown

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last message of the day as i only have 5 per day



good news is that you accept that you have 0 knowledge about barça. that's a beginning. you just said that barça couldnt use collateral and that is why barça loan rates are sky high. well, both things are false. now, instead of answering to my response to you, you are talking about a 100 different things. it says something about.

club says that it wants to have all the squad in the salary pyramid. period. the disinformation you can find here is minimum at the same level.

i have never said that "everything is rosy". laporta has never said that either. it is actually the opposite, laporta has said a million times that he doesnt like the "levers", but it just need to be done for the future of the club. it is mindblowing that you follow every single phrase of laporta, barça and media and you are still following the narrative that the club is selling this like a genius movement. it is not actually mindblowing, it is just hate and follow the narrative you want to follow. that's all.

by the way, i dont know why laporta has to explain YOU, a united fan, anything. if something, he has to inform barça fans.

the simple truth is that barça has sold 5% of the current revenues (and the % will decrease) and that's all. barça can live confortably with 5% less money for some time.
truth is that the most part of the money has gone to pay debt that comes with an interest too but you don't take that into the equation. barely 100M has been used to buy players from the over 500M barça has received from levers.
barça does not have money today for that, but it can have it in 5 years. the wage bill has already been reduce dramatically and will be 100% healthy in 2 years tops.
simple truth is that this decision is more conservative that just paying the debt with loans. if situation improves barça pays more money, if situation worsens barça pays less money. i dont know how revenue dependent payments is more risky than paying same money no matter what.

but time will tell, and you can find a thread from a decade ago stating basically the same... that barça was doomed.

barça situation is MASSIVELY BETTER than 1 year ago, you like it or not. that is different from being perfect, but you just don't (want to) understand that there are tones between black and white.

pd: im going to give you credit for spelling laporta correctly... a lot of people here keeps pushing for "laporte" :lol:



100% false, but if you are going to be happier thinking that...



another one with the same story... barça pays and has always paid its players. if barça does not pay, barça gets relegated. simple as that.



apparently you don't know how to read, as nobody ever said that thing.
hilarious to read about "cults" from chelski fans... hahahahahaha.
:lol::drool:

I love this post. Everything about it is perfect. My favourite thing is the username choice. Can't be arsed choosing a name, but want to show your love for Barca. It's perfect. I can imagine you crying whilst typing that post. Your salty tears mixing with 1/3 desperation and 1/3 snot. I also imagine that you have a Barcelona lunch box that you take to work. Also, the lack of fecks given for capital letters throughout, a real "I love Barcelona and will not let punctuation stand in my way" stance. It's beautiful.

We get 5 more of these tomorrow. We're so blessed. :lol::drool:
 

OrcaFat

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You'd think so... but they'll get out of it somehow, they always seem to manage
They will. But I’m hoping they hit all kinds of embarrassing difficulties, akin to the FDJ debacle (which actually is really embarrassing for them).
 
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