UltraVires
Player Valuation: £10m
I don’t think we’re in a position to do that though. The bigger the loss the less we can spend on transfers, or more likely may have to sacrifice good players.
I am by no means an expert on this but my maths works out as:
Signing fee: £21 million
Contract: £11 million over 3 years
So we are have paid him roughly £5.5 million in wages over the 18 months we have had him and the £21 million will have been spread on the books across three years meaning roughly £11 million on the books so far.
As such, if we get anything more than £10 million for him we would be breaking even on the transfer fee and would also be saving £5.5 million in wages.
I am not an accountant but that’s how I work it and I would like to think we could get near to the £10 million mark for him so it all depends on whether Benitez thinks his wages can be spent better elsewhere.
Happy to be corrected on my maths above as it’s all based on my rather hazy understanding of how football clubs work their accounts after listening to a few podcasts on the topic.