HookedOnAPhelan
Full Member
Nah feck Madrid he wants us.
I reckon we're top pick from clubs in the PL for Mateus but the likes of Madrid & Barcelona will always be highly attractive options for footballers unfortunately. Especially south American/ southern European players. If Madrid are genuinely throwing their hat in the ring ; this will be difficult to pull off
We'd go to Alex Scott from the sounds of it. Which is not one I'd be keen on but that's very much what the noises have suggested.This midfielder search is turning into a bit of a nightmare. If Madrid come knocking, thats where he will end up, regardless if we are in for him or his relationship with Bruno.
The best we can hope for is that he see's more playing opportunities here with us due to less competition. But i really dont know where we go from here..... Ederson is already a bit underwhelming to say the least.
Yeah miss out on him and we have to sign a Tonali or Wharton that's for absolutely certain, maybe even bothThis midfielder search is turning into a bit of a nightmare. If Madrid come knocking, thats where he will end up, regardless if we are in for him or his relationship with Bruno.
The best we can hope for is that he see's more playing opportunities here with us due to less competition. But i really dont know where we go from here..... Ederson is already a bit underwhelming to say the least.
To the Alex Scott thread then.
Not until they make a midfield saleI wouldn't be too worried on the Madrid links.
That's reassured me.As has been mentioned before, the Mourinho stuff just feels like Mendes (who is the agent of both), using him to help drive Fernandes' fee and wages up for United.
The Fernandes links just don’t feel very Jose to me. Especially all of this dream target stuff.That's reassured me.
Also, does Jose still prefer experience over potential or was that a myth
No me neither. If he was 27 and in the last year of a contract I'd be more worriedThe Fernandes links just don’t feel very Jose to me. Especially all of this dream target stuff.
Knowing Jose, we should be more worried about our Fernandes than thisThe Fernandes links just don’t feel very Jose to me. Especially all of this dream target stuff.
ExactlyKnowing Jose, we should be more worried about our Fernandes than this

Yeah, for sure, but the not wanting to overpay is irrelevant to those details. You surely have to agree on the overall figure to get to discus how it should be structured. I think this will rumble on until someone blinks, be it us or West Ham. I'm not sure there's really any clue as to who that is right now, when we get later in the window, we'll understand how desperate we are for him or West ham for the cash. We'll both be pretty calm at the moment and not give much away.I was thinking more about structure of deal, instalments, add ons, etc etc. There’s plenty that can be discussed behind the scenes before any formal bid is made via agents. The overall figure is only one part of it.
Different players , Fernandes ceiling also much higher imo.We can go for mamadou sangare then
Knowing Jose, we should be more worried about our Fernandes than this

I have to say I disagree. I would rather have X immediately, than X + 10% spread over five years, if I was selling a valuable asset.Yeah, for sure, but the not wanting to overpay is irrelevant to those details. You surely have to agree on the overall figure to get to discus how it should be structured. I think this will rumble on until someone blinks, be it us or West Ham. I'm not sure there's really any clue as to who that is right now, when we get later in the window, we'll understand how desperate we are for him or West ham for the cash. We'll both be pretty calm at the moment and not give much away.
This would depend on what West Ham need cash for. Is it for booking profit or cash to pay obligations. I agree in pretty much every other walk of life, you'd want the money now - time value of money and all that. FFP/PSR changes that.I have to say I disagree. I would rather have X immediately, than X + 10% spread over five years, if I was selling a valuable asset.
The structure and overall fee are fundamentally linked to one another in these cases.
Definitely. It’s all about the specific circumstances, and the example I gave was a bit extreme to make a point.This would depend on what West Ham need cash for. Is it for booking profit or cash to pay obligations. I agree in pretty much every other walk of life, you'd want the money now - time value of money and all that. FFP/PSR changes that.
I hope we are advancing and in the nitty gritty of it, I'm just not so sure we'd be that far along here when we're still posturing about valuation of the player and playing silly agent games.Definitely. It’s all about the specific circumstances, and the example I gave was a bit extreme to make a point.
Now being reported Enzo Fernandez is Jose’s chief target and Mateus is back up:
https://www.marca.com/futbol/real-m...numero-real-madrid-reforzar-centro-campo.html
Yes, West Ham's needs are two-fold.This would depend on what West Ham need cash for. Is it for booking profit or cash to pay obligations. I agree in pretty much every other walk of life, you'd want the money now - time value of money and all that. FFP/PSR changes that.
Yeah, for sure, but the not wanting to overpay is irrelevant to those details. You surely have to agree on the overall figure to get to discus how it should be structured. I think this will rumble on until someone blinks, be it us or West Ham. I'm not sure there's really any clue as to who that is right now, when we get later in the window, we'll understand how desperate we are for him or West ham for the cash. We'll both be pretty calm at the moment and not give much away.
I have to say I disagree. I would rather have X immediately, than X + 10% spread over five years, if I was selling a valuable asset.
The structure and overall fee are fundamentally linked to one another in these cases.
A word on the budget. People are coming up with arbitrary numbers, like 200m or 250m but those figures are worthless in reality. We will have a year on year transfer cost that we are able to sustain, and even then will make exceptions to it for the right player, with the intention of balancing that out in the next financial year. For example, let's say the "transfer budget" is 200m (as people like to put numbers on it) is that just for this year? What about exiting transfer debt? What about incomings? What about payment terms?
We could sign four 50m players with payment terms spread over 4 seasons, meaning a 50m cost this year (and for each of thee year's for the subsequent 3). But if payments are spread over 3 years or 5 years, the cost varies from 66.67m p/a to 40m p/a. Then there are wages, agent fees, signing on fees etc, all of which may be amortised or paid up front. The variables are enormous. Not least with wages. The difference over a four year period of a player earning 350k a week vs 175k a week is 36.4m, so how much the wage structure impacts transfer funds, is significant.
A number like 200m is completely irrelevant in the way we think about it. What is relevant is what is the annual amortised costs of a transfer (wages and all fees included), and how that fits within our existing commitments. In traditional terms - or terms people are used to - we could spend anywhere between 200 and 350m this summer, depending on how it is structured. Chelsea and Liverpool have shown how easy it is in the current financial market, and with revenues where they are, to spend well over 400m in a single window because of how it is structured, and it's relationship to existing incoming and outgoing payments. For context, we were still paying the Sancho transfer installments right up and through this last season
Whats with people moaning about us being slow. We've secured one midfield signing and we're working on another, worth a substantial fee. We're operating as efficiently as any other club right now
Interesting. Never thought we’d get 20m for Vitek and Collyer, seems like a lot. Didn’t realize we’d get 20m for Greenwood this year.
Rashford slapped with a 40m price tag… He may be destined for another loan.
If we get 20M for Vitek and Collyer I assume that is 19M for Vitek and 1M for Collyer. We have no chance of getting 20M for Greenwood, our sell on is only on the profit made over the 26M Marseille paid and his current value is around 40M with us entitled to either 40% or 50% of the profit depending on who you believe so either 5.6M or 7M. Not a certainty he moves at all though, Roma are interested but strapped for cash and no other concrete interst has emerged.
We can go for mamadou sangare then
We can go for mamadou sangare then
As for Greenwood, his deal is different to usual sell-on clauses I believe. Similar to Antony, we still own a large percentage of his economic rights and the deal is not limited to profit only. I think it’s 40-50% of the whole fee. I think it’s about 40% now because Marseille’s chairman said some time ago that they had bought some of it off from United - which in itself sort of confirms it is the larger share as they probably wouldn’t bother if it was profit only.
No, I think you get a general idea of the figure needed, though. If they value him at 70m, they're not going to take less because you don't want to pay that and similarly your not going to pay more over a longer term or bonuses if you don't want to "overpay". Unless you structure the short fall in performance related pay, but I'm not sure how that would work for PSR/FFP purposes, because it may never be realised. Someone far more informed than me will have to educate me on that.I don’t think it’s as simple as agreeing on an overall figure and then figuring out the rest - I suspect you need to make headway on the other major factors - wages, structure and other associated fees - in order to figure out the overall figure. This relates to an interesting post from @simonhch on overall budget and affordability and how important wages and structure are to them:
So does it make sense to say we just need to agree a set amount - say £65 million - and then negotiate the rest from there? I don’t think it does. Happy to be corrected if someone knows more than me.
OK interesting. Be interesting how much of the shortfall they'd be willing to plug to push the transfer later into the window and try to maximize the profit.Yes, West Ham's needs are two-fold.
One is cash to meet ongoing financial obligations such as transfer fee payments. This is the backdrop to the much quoted £100m-£150m. The ownership have pledged to meet any shortfall, so it seems much less of an issue than was imagined three weeks ago.
The other is accounting profit to enable West Ham to comply with the squad cost rules in the championship for next season. Guesswork suggests a net profit of £50m-£60m is required on player trading.
Like others caught in this situation, it sometimes makes sense to sell youth products or those whose amortisation cost is close to nothing to book large profits.
No, I think you get a general idea of the figure needed, though. If they value him at 70m, they're not going to take less because you don't want to pay that and similarly your not going to pay more over a longer term or bonuses if you don't want to "overpay". Unless you structure the short fall in performance related pay, but I'm not sure how that would work for PSR/FFP purposes, because it may never be realised. Someone far more informed than me will have to educate me on that.
If it’s not in CAPS it don’t mean NOTHINGWhat does "ideally closer to £100m" mean?
Well not quite sure what you mean but my point was the the value and affordability is determined by the overall cost including all fees and wages. It’s as much how we pay as what we pay. How much is performance related (both fees and wages), what is the structure etc. 65m, for example, can have a small impact on this years budget if it had performance clauses, reasonable wages and a 4 year payment structure, or a massive impact if it is all guaranteed, moderate to high wages, and heavily front loaded.So does it make sense to say we just need to agree a set amount - say £65 million - and then negotiate the rest from there? I don’t think it does. Happy to be corrected if someone knows more than me.
Well not quite sure what you mean but my point was the the value and affordability is determined by the overall cost including all fees and wages. It’s as much how we pay as what we pay. How much is performance related (both fees and wages), what is the structure etc. 65m, for example, can have a small impact on this years budget if it had performance clauses, reasonable wages and a 4 year payment structure, or a massive impact if it is all guaranteed, moderate to high wages, and heavily front loaded.