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2022/23 Alex Iwobi

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How longs left on his contract?

Would you sell him in January for what we paid for him?
Interesting question. I probably would sell for £30 mil + add ons. If it meant we had 30/40 million to spend then I think you could spend that and make the balance of the midfield three better. We improved the midfield this summer and come this summer, a more creative/goal scoring threat as the attacking player in the midfield three would kick the midfield on again.

Iwobi, Gana and Onana has given us a competitive midfield but Iwobi/Onana seem a bit too similar ahead of Gana, they aren’t creative passers or really threaten in the final third. So yes, if we have to sell to buy again, I would, although I expect we’ll give him a new contract.
 
Just looking at Iwobis cost it’s currently:

Annual Wage: 4.16 mill

Annual Amortisation: 6.8 mill

Annual Cost: 10.96 mill.

Book Price: 6.8 mill.

Say if we offered a 5 year contract extension next summer we reduce his cost, presuming he’s on the same wage, hypothectly something like:

Annual wage: 4.16 mill

Annual amortisation 1.36 mill

Annual cost: 5.52 mill.

Be an annual saving of 5.53 million.

With a book price of £5.43 mill.
 
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Just looking at Iwobis cost it’s currently:

Annual Wage: 4.16 mill

Annual Amortisation: 6.8 mill

Annual Cost: 10.96 mill.

Book Price: 6.8 mill.

Say if we offered a 5 year contract extension next summer we reduce his cost, presuming he’s on the same wage, hypothectly something like:

Annual wage: 4.16 mill

Annual amortisation 1.36 mill

Annual cost: 5.52 mill.

Be an annual saving of 5.53 million.

With a book price of £5.43 mill.
So I'm not going to say this is my exact area of expertise but I don't think they keep amortizing the fee. My guess is it just goes to zero at the end of the initial life. Also he's not going to take a contract without a pay bump so whether your amortization changes or not the amount of cash you spend is going to go up.

I'd extend him but I'd also sell him if it could be done.
 

How longs left on his contract?

Would you sell him in January for what we paid for him?
Definitely, even though he's much improved. Doesn't seem like we have a lot of money and we need wingers and strikers more than him as an option in midfield.

That would, however, once again promote the useless Davies to 5th choice behind Doucouré, which means he'd likely play quite a few games this season, and that would be very detrimental to our chances of winning games.

If we could sell Iwobi for what we paid and also guarantee Davies doesn't play, then I'd be all for for the reasons above.
 
Extend his contract instead?
The question was, would you sell him for the price we paid.

In my World, we paid 34million, people will question that, add ons dont count, blah, blah.

But, the question was asked to "me", it wasnt, it was a general question.

So would I sell him for 34million, with 18months left on his contract.

Then yes, the answer would probably be yes, its probably, which is not something I thought I would be saying 12months ago, 12 months ago it would have been a solid yes. Its a tough call, hes entering his prime and the improvement hes made recently is risky, he might still have improving to do, but IMO, I think its more likely he returns to the pony player he was at some point, probably right after we give him a brand-new contract.

Which is what we will do.
 
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So I'm not going to say this is my exact area of expertise but I don't think they keep amortizing the fee. My guess is it just goes to zero at the end of the initial life. Also he's not going to take a contract without a pay bump so whether your amortization changes or not the amount of cash you spend is going to go up.

I'd extend him but I'd also sell him if it could be done.
Again, not an expert, but almost certain the remaining fee is amortised once a new contract is signed.
 
Again, not an expert, but almost certain the remaining fee is amortised once a new contract is signed.
Whatever we do we need to make sure we don't get into impairment testing on our assets. Then we're done.

I spent way too long looking into this. I do not want to be the Esk.
 

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