Everton Summer transfers 2021

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Two year loan, with option to buy in 2023. Are we mad ??
WTF

UNLESS we are taking 5-10m per season and without the cost of his wages and we are hoping he goes on to be amazing so his price rockets from the £25m-£28m he is currently worth.

IF Juventus dont buy he could come back to us a much better player having played in the Champions League.

Edit: If its an obligation as opposed to option with a set amount around £25-£28m it doesn`t make any sense whatsoever.
 

'formula is that of the two-year loan, with the obligation to redeem in 2023'​


Still a bit stupid like. Unless there's substantial loan fees involved and 100% wages. Although worth noting Italian tabloids know very little inside info. Di Marzio, Pedulla and Romano are the ones to trust over there.
Doesn’t really matter when we get the cash as it’s obligated. For accounting purposes we’d receive the asset immediately. They’ll be paying his wages too so he’s effectively off the books.
 
Doesn’t really matter when we get the cash as it’s obligated. For accounting purposes we’d receive the asset immediately. They’ll be paying his wages too so he’s effectively off the books.

It really depends whether the transfer fee comes within this financial year, otherwise we wouldn't be able to spend it until next season as it would register within 2022/23's financial earnings.
 

WTF

UNLESS we are taking 5-10m per season and without the cost of his wages and we are hoping he goes on to be amazing so his price rockets from the £25m-£28m he is currently worth.

IF Juventus dont buy he could come back to us a much better player having played in the Champions League.

Edit: If its an obligation as opposed to option with a set amount around £25-£28m it doesn`t make any sense whatsoever.
An obligation would be much better than an option because if it was an option he could spend two years over there they decide not to bother and we’re back to square one except he’s in the last year of his contract and so has no value. If there’s no obligation it’s the most ridiculous decision we’ve ever made.
 

Di Marzio now saying Kean is a two-year loan with obligation to buy for 20mil Euros.

That would be weird but also would perhaps give leeway in that we'd get 20m when he'd be in the last year of his deal with us and on top of that would have got at least 11m in loan fees to cover his wages on top of that
 
WTF

UNLESS we are taking 5-10m per season and without the cost of his wages and we are hoping he goes on to be amazing so his price rockets from the £25m-£28m he is currently worth.

IF Juventus dont buy he could come back to us a much better player having played in the Champions League.

Edit: If its an obligation as opposed to option with a set amount around £25-£28m it doesn`t make any sense whatsoever.

It's obligation.

But we'd be getting two successive loan fees in which case you're probably looking at £10-11m over the two years
 
It really depends whether the transfer fee comes within this financial year, otherwise we wouldn't be able to spend it until next season as it would register within 2022/23's financial earnings.
For accounting purposes, there’s a difference between the cash flow and the ‘accounting’ income.

You’d do the opposite that you would for a purchase basically.

The fee would become an asset on the balance sheet and you’d account for the income over the life of the contract. So you’d get 50% of the income in year one (and reduce the asset on the balance sheet by half) and the other 50% in year two (at which point the asset goes to zero).

It’s no different to them agreeing a fee and paying over two years effectively (for accounting purposes).

Whst it does help with for juve is cash flow (which we don’t really have a problem with).

It’s a good deal. No one pays the fee in one go.
 

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