He looks the profile of player I was hoping we'd target along with Nuno Mendes from SCP but it seems their inexperience due to age rules them out.
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Scored 4 and assisted 7 last season and solid defensively which I think is pretty impressive
Yeah that's what I meant AWB is pretty much the ultimate defensive fullback, be difficult to match him. Mykolenko likes to shut down his man, but will get forward when the chance arises.
He does look like someone who would be solid defensively that's for sure but it's not something I would particularly put emphasis on if my aim was to play proactive football.
But having said that you can't really judge players via their highlight vids.
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Elfrink is the main man for PSV news and he's reporting that PSV are not wasting any time and have approved the signing of Ibrahim Sangare with the signing possibly largely completely today.
@bucky It'll be interesting to see how he does at PSV. It's one of the teams I'm following this season.
Of course transfers make a difference to balance sheets if the fees are paid in lump sums and not staggered. If, and it’s a big if, any of this is true and hasn’t been waived given the pandemic, it would make sense to have the DVB and Sancho signing in 2 separate quarters wouldn’t it?
I agree with your point, the media just run with any crumbs of a story about United because it sells even if it’s not entirely accurate or just blatant bullshit.
No they don’t.
Why would it make sense? When have you ever heard anything like that in your life?
Public listed companies work very much like what you described was utter bollocks.Their main and sole responsibility is to generate value for the stockholders.
4th quarter, is in our case, a period that is reasonable to expect to generate large amounts of profit (media exposure, boxing day, customers spending 300÷ more than usual - festive season, etc.). Dividends are also usually paid out after that quarter, so it is logical for a company to present first 3 quarters in a positive manner as much as they can to raise attractiveness and price of the stock, which by itself again generates "profit" or the value of the company.
We can't know due dates of club's liabilities and expected payments, so we can only guess, bit it is not utter bollocks.
I dont have any more posts, so edited the response. I was not taking about financial year end, "mate", I was talking about paying out dividends. That has nothing to do with end of financial year.
Check
https://www.investopedia.com/ask/answers/102714/how-and-when-are-stock-dividends-paid-out.asp
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This is true
Since the start of the 16/17 season when Pep went to City, they've spent £370.26m on defenders:
Mari £0.18m
Zinchenko£1.8m
Stones £50.04m
Danilo £27m
Walker £47.43m
Mendy £51.75m
Laporte £58.5m
Itakura £0.99m
Sandler £2.25m
Porro £10.8m
Angelino £10.8m
Cancelo £58.5m
Kabore £4.05m
Couto £5.4m
Ake £40.77m
In comparison, United have spent £169.2m:
Bailly £34.2m
Lindelof £31.5m
Dalot £19.8m
AWB £49.5m
Maguire £78.3m
which is why Pep deserves a damn sight more criticism than he getS and why we are clearly clowns in the transfer market
Erm the financial year ends in April mate.
Luckhurst’s theory has already been debunked as utter shite. He evidently totally got the wrong end of the stick.
Maybe this helps.
Football players are recruited. The same as company employees are recruited. They contribute as revenue generating assets. In a manufacturing company, employee salaries are charged as expenses to match against revenues in the income statement. However, the value of employees is not seen as "assets" in the balance sheet.
Slightly different, footballers are recruited for a certain fee. More talented player is more expensive to recruit. Certain cost is applied if the players are recruited from other club. Such cost may include transfer fees, intermediation fees and other related costs. Clubs buying players would earn “rights to use” the players to generate revenues.
In the accounting world, “rights” are considered as intangible assets. Football player is contracted for a period of time. The benefits enjoyed by the club are limited to the period of contract. Thus, football players have limited useful life. Intangible asset includes players transfer rights and costs incurred to acquire such rights. These rights are measured at acquisition cost and amortized on a straight-line basis over the term of each player’s contract. The asset is initially recognized at the date the acquisition contract enters into force.
After initial recognition, this asset is subsequently measured at cost less any accumulated amortization and impairment loss. The cost of the intermediation services incurred in player acquisitions is recognized as an increase in the acquisition cost and amortized on a straight line basis over the life of the player’s contract.
At the end of each reporting period, the value of players is assessed to assess any indication of impairment. If there is an objective and clear evidence that it is impaired before the date of issuance of the financial statements, the related impairment loss is recognized. Club usually conduct analysis, on an individual and collective basis, of the value of its players’ potential to identify whether there are any indications that the value of players are impaired or not.
A player is sometime excluded from the playing squad due to career threatening injury or any reason that it is unlikely a particular player will be able to play for the club again. If such circumstances happened and considered permanent, then the carrying value of the player would be assessed at best estimate of fair value less any costs to sell and a provision would be made.
Players are not any more recognized as an asset at the date of disposal, transfer, cancellation of the contract, or expiry of the contractual rights over the players. The club will recognize gain or loss until either the sale or transfer contract has been signed, or until the player’s contract expires. The club will then recognize transfer fees as revenue.
https://www.rsm.global/indonesia/en/insights/articles/football-stars-intangible-assets
Examples of liabilities are -
Bank debt.
Mortgage debt.
Money owed to suppliers (accounts payable)
Wages owed.
Taxes owed.
Also check for any text explaining asssets vs. Libilities for deeper understanding
To be fair, a lot of them are basically CFG signings, Danilo was sold for £30m and Angelino+Zinchenko will be sold with nice profit. Obviously Stones and Mendy are huge dissapointments and City will lose a lot of money there but also Sandler and Porro had huge potential but both hardly played during their loans last season.
Remember when the rumour was Ole was impressed by Rojo doing extra sessions on his own.
End of financial year doesent have to do anything with paying out dividends.
How and When Are Stock Dividends Paid Out?
Usually, both the date and the amount is determined on a quarterly basis, after a company finalizes its income statement and the board of directors meets to review the company's financials.
A dividend is the distribution of some of a company's earnings to a class of its shareholders.
If a company elects to distribute dividends, usually, both the date and the amount is determined on a quarterly basis, after a company finalizes its income statement and the board of directors meets to review the company's financials.
On the declaration date, the Board of Directors announces the dividend, the size of the dividend, the record date, and the payment date.
The record date is the day by which you must be on the company’s books as a shareholder so as to receive the declared dividend.
Buy the stock before the ex-dividend date and you get the dividend; buy it on or after the ex-date, and you don't - the seller of the stock gets it.
The payment date is when the company pays the declared dividend only to shareholders who own the stock before the ex-date.
https://www.investopedia.com/ask/answers/102714/how-and-when-are-stock-dividends-paid-out.asp
You want them to buy worse/older players than what they are getting rid of?
Jury’s still out on Ake, but £370.26m for one reliable defender, Laporte, who’s crocked. We’re positively brilliant by comparison.
That is so bloody annoying. The top club tax. So if Wolves come knocking, £40 will be enough to part ways with him, but if we offered £45 - that won't be enough.
I can attest to this. I'm on the same forum, and saw the exact same message from Andy.
Ill-informed caf members spouting off rubbish is a real bugbear of mine, but what can you do. I commend you for your patience Gary.
Even though it infuriates me, the world kind of works this way.
A t-shirt costs around £15. But if you're rich you're buying Gucci t-shirt for £250.
I know it doesn't always work that way - but generally, you get the drift.
so if we lose this week, will the weeks social media be full of panic buying links or ole out?
That analogy doesn’t quite work since the t-shirt and the Gucci t-shirt are different items of different quality.
The Burnley situation is more like 2 people going to buy the same t-shirt in a shop but being charged different prices at the checkout depending on their salaries.
I think you both don't have the clear understanding of this clause, firstly this clause doesn't mean Burnley won't or can't sell for less than 50m if they choose to if United, City or Liverpool come knocking for Tarkowski ,as one of the posters mentioned it's basically a Clause inserted at the request of Player so that if any of these team come for him Burnley simply can't block the sale if they pay the release clause unlike other teams where they can simply refuse the sale at any price if they choose to.
Eh??!??
no. But they have only bought young players and are constantly replacing them.
Pep should be getting more out of them and not replacing them every summer
That spooky logic in the video could work the other way round.
From United's perspective, even if the logic of getting a 'paltry' discount is true, it is much better value getting a player early in the window as it has a positive downstream effect on merchandise sales, sponsorship deals, media-coverage, season/hospitality tickets (may not be relevant in today's context), and of course, gives the player (and the manager) the best chance to perform well in the season. This season will be extremely difficult, and every point is crucial. Buying Sancho 'on time' could be the difference between playing in the Champions League and the Europa League next season. The monetary prize difference in the two competitions is reason enough to rebut the argument that United are waiting to lower Sancho's transfer fee.
From Dortumund's perspective, if United make an offer in the final week, they may not sell for a penny less than 108m, when they could have been more open to an offer in the range of 90m earlier in the window. Dortmund are a 'selling club', but they are not a low-mid-table side without any aspirations. Clubs don't want to sell an important player when the season has already started and a suitable replacement may be impossible. Selling an important first-team player in the dying moments of the transfer window (who has at least two more years in the contract) is also terrible from a PR perspective unless the player starts throwing tantrums, which I'm sure Jadon hasn't/won't.
Yes.
Not sure Walker should be written off. He’s been a key part of a 100pt season and domestic treble.
I work for Walgreens and our financial year (even for the English subsidiaries inc Boots, Alliance Healthcare etc) is from September to September not the European April to April.
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Are you joking?
Let’s take a different business model and relate it. A retailer buys a new computer system to optimise their service/output. They pay for that and it obviously shows on their P and L as an investment and eats in to their net profit margin for that financial year.
If Lyon are pricing him above the buy-back clause we supposedly have - could we not buy him and sell him on making a bit of money at the same time, but still for less than Barca would pay directly to Lyon?
I acknowledge this would take up all of the time our recruitment team of banksters have got
French League rules don't allow buy back clauses, minimum release fees or first options. Our first option wouldn't be on paper.If Lyon are pricing him above the buy-back clause we supposedly have - could we not buy him and sell him on making a bit of money at the same time, but still for less than Barca would pay directly to Lyon?
I acknowledge this would take up all of the time our recruitment team of banksters have got
Ah, cheers. Thought we had a modest buy-back clause.
Imagine only being known as Erling Haaland's friend.
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RB Leipzig confirm that Ademola Lookman's involved in a transfer.
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Lyon president Jean-Michel Aulas has confirmed that Arsenal have agreed personal terms with Aouar.
EDIT: Forgot the translation
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EDIT: Forgot the translation
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