massi83
Full Member
- Joined
- Feb 2, 2009
- Messages
- 3,301
Deal. Next.
Not nearly enough, especially when you account the €5m Sancho is asking for to cover his wage reduction.
Just when you think there’s a light at the end of this tunnel, it’s another train coming in the opposite direction.
An unwanted player on high wages who hasn't done anything in years and is also going into his final contract year? I'm not sure what people were expecting.
It's $0 (really, less than that once you account for wages) as I've explained on the last pageI read at the end of the season that €17m Euros is a PSR break-even figure as far as selling Sancho is concerned, so it looks like Juve are giving United that carrot the bastards.
See my other post above. Any fee is a net positive from a PSR perspective because his book value is going down to zero over the next year whether he stays or leaves.
I don’t think I agree, and happy to be corrected by any reference to PSR accounting.It's $0 (really, less than that once you account for wages) as I've explained on the last page
Good grief. This is a complete misinterpretation of PSR.I read at the end of the season that €17m Euros is a PSR break-even figure as far as selling Sancho is concerned, so it looks like Juve are giving United that carrot the bastards.
Seems like you're the one misinterpreting. The point is, we don't want to incur any expense for him this year. It's better to breakeven on his current value, than incur a loss on his current value.Good grief. This is a complete misinterpretation of PSR.
Sancho is in the last year of his contract. Every single penny of his remaining amortization will hit our books this year if we don't sell him. That means every single penny we can sell him for is a PSR profit from our perspective.
I wish all this "pure profit" / "PSR loss", from people who can't grasp the rules would just end. It's leading to super warped interpretations of everything.
Seems like you're the one misinterpreting. The point is, we don't want to incur any expense for him this year. It's better to breakeven on his current value, than incur a loss on his current value.
Selling him for a snickers bar this summer is not PSR profit. It's a big loss, just slightly less of a loss than letting him go for free next summer.
We should sell him this summer for the highest amount we can possibly get, and should not let him leave for free. That doesn't mean we have to snap their hands off on a low ball offer, if we think we can squeeze more out of them.
Not that “slightly” once you factor the wages. As I understand it:
Current book value : 15M
Hypothesis 1: he stays.
Cost 15M in amortization + 13 M in wages. (Total cost 28 M)
Hypothesis 2: he is sold for 10 M
Incurred loss 5 M (15-10). (Total cost 5 M).
H2 represent a relative profit of 23 M (compared to H1)…. That’s 23 M more that we can use on something else as per PSR rules.
I hate this PSR talk all the time. As it stands, we owe Sancho c. £15m in wages. We immediately stand to save this money if we sell him, even if for a free. Any additional fee we can get on top of that is a bonus.
We've also got bits coming in for Elanga and Carreras.I know that many just want to break even for the PSR for Sancho. But remember, we also need money to fund new signing.
As it stands, we only have money for Cunha and Mbeumo about 120m. Hence, we actually need to make profits from Sancho, Antony, Rashford, Garnacho and Malacia in order for us to be able to buy new players.
If we have him with say 15m in the books this amount would be amortized over the final 12 months as expenses. Also, his salary are expenses so he will hit our financials with approximately 2m - 2.5m per month.Good grief. This is a complete misinterpretation of PSR.
Sancho is in the last year of his contract. Every single penny of his remaining amortization will hit our books this year if we don't sell him. That means every single penny we can sell him for is a PSR profit from our perspective.
I wish all this "pure profit" / "PSR loss", from people who can't grasp the rules would just end. It's leading to super warped interpretations of everything.
I don't get what him and his team are doing
This. Just get rid of him. We're gonna lose money no matter what. Just want him and his attitude gone.1) is the offer peanuts? Yep
2) should we just take it? Absolutely
He is just that horrible presence.
We signed him for 73 million 4 years ago on a 5 year contract. So his book value for PSR would be a little less than 15 million pounds.No that’s the fee we need to cover his PSR, so United can’t sell him for less.
So last minute loan deal it is![]()
It would appear the rules are interpreted in two absolutely different ways, including those who are claiming to be football finance experts.Good grief. This is a complete misinterpretation of PSR.
Sancho is in the last year of his contract. Every single penny of his remaining amortization will hit our books this year if we don't sell him. That means every single penny we can sell him for is a PSR profit from our perspective.
I wish all this "pure profit" / "PSR loss", from people who can't grasp the rules would just end. It's leading to super warped interpretations of everything.
