Everton Transfer Thread 2016

Status
Not open for further replies.

Deadline day usually causes all kinds of glitches in the space/time continuum. For example: A particular player may simultaneously appear in many different, remotely located places, at the same time. Players will sign deals in one club, while appearing to be walking into the offices of a completely different club, all at the same moment . Worst of all, people will become so confused that they can no longer keep a grasp on reality and their heads fall off.
Especially with the hope that the player will be choppered to finch farm to get the deal done from London.

Has finch farm even got a helicopter pad?
 

I wouldn't class Forest and Leeds as big clubs anymore. They have history yes, but not a big club. Do we class Preston and Huddersfield as big clubs cause they were a bit successful a while ago?

They are mate.

Big fanbases.
Big histories.
Big names related to the club.

It's a bit different to teams like Preston and Huddersfield mate.
 

Its a pretty strange window, bar the 2 Manchester Clubs and maybe Chelsea, nobody else has spent a penny hardly.

This last week is gonna be insane.

Deals to be done all over the place.

Even Chelsea haven't really though mate, squad striker and a buyout clause on kante, the real big money targets they've wanted up front and at cb they've not gotten - yet.
 
Still very worrying that we haven't spent any money other that the money we received for Stones.

we have though

via @Blue_Berry

Simply incredible. Take yer misery blinkers off mate. And the rest of the warchest denial brigade.

Let me spell it out for ya...

Spent:
£85m investment in club shares
£10m to sack Martinez
£5m to buy Koeman
£3m to buy Walsh
£20m to buy land for new stadium
£25m for Bolasie
£7m for Gana
£12m for Williams
So far...

Incoming:
£47.5m for Stones

Rough net investment by Moshiri to date before bids we know of (another 20-25m?), potential last day transfer dealings and before accounting for Sky money...

£120m.

Shoot me down if it's not penny perfect, but you get the gist.
 
From the article that @MoutsGoat posted

Despite what you may have heard, “net spend” is completely irrelevant to how big clubs do business and is not something they consider when calculating player costs. Consider the following: Manchester United signed Henrikh Mkhitaryan from Borussia Dortmund for £35m. Mkhitaryan will likely be earning the equivalent of at least £180,000 per week over the length of his four-year deal.

In practice, clubs such as United, for whom cash flow is never an issue, often pay the entire transfer fee up front or in a few instalments over a short period of time (less than 12 months). This helps reduce the overall cost of the transfer, and most selling clubs will much prefer to see the entire fee paid quickly, as opposed to several instalments over two or three years.

However, on the books – and this is how clubs actually calculate player costs – United, like every single other football club in Europe’s top eight leagues, will record the transfer fee as £8.75m in each of the next four years, not £35m now.

This is a universal accounting practice called player amortisation, and it is fundamental to how clubs calculate player costs. Rather than recording the entire purchase when it was made, the club will spread the transfer fee over the length of the player’s contract.

Naturally, wages must also be included in the calculation of player costs. Ideally, agent fees and image rights payments will be included as well, but to keep things simple, we’ll focus on the two big expenditures: amortisation and wages.

With Mkhitaryan costing Manchester United £8.75m per year in amortisation and £9.36m in wages (£180,000 per week multiplied by 52 weeks), his overall cost to the club is just over £18.1m per year. That £18.1m per year is what clubs look at with regards to player costs, not just the transfer fees coming in and out.

Let’s compare the Mkhitaryan deal to that of another recent Premier League signing from the Bundesliga: Arsenal’s £30m purchase of Granit Xhaka from Borussia Mönchengladbach. Xhaka signed a five-year deal and will reportedly earn around £125,000 per week at Arsenal. The transfer fee will be spread out over Xhaka’s contract at £6m per year (£30m divided evenly over five years). So including Xhaka’s wages, the overall cost to Arsenal is £12m per year.

While the transfer fees for Mkhitaryan and Xhaka are similar, Mkhitaryan is costing Manchester United 50% more than Xhaka is costing Arsenal on an annual basis.

To further illustrate why net spend doesn’t tell you anything about how clubs do business, consider United’s signing of Zlatan Ibrahimovic on a free transfer. While the “net spend” on that deal is zero, he adds well over £10m to Manchester United’s player costs this year.

If those were the only transactions United and Arsenal made this summer, their “net spend” figures would be similar (£35m and £30m, respectively). However, after applying the business and accounting principles that the clubs themselves use, we see that Arsenal added £12m to its total player costs for the coming season, while United added over £28m. Rather than a difference of less than 20% in actual spending (which is what net spend would show), the actual difference is over 200%.
 

Status
Not open for further replies.

Welcome

Join Grand Old Team to get involved in the Everton discussion. Signing up is quick, easy, and completely free.

Shop

Back
Top