However, it needs to be circumvent not circumnavigate which was more a Walter Raleigh thing...
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However, it needs to be circumvent not circumnavigate which was more a Walter Raleigh thing...
No. its not that its a profit but that it covers the accounts for PSR in the short term. The buy back will need to deduct the 30% sell on so in effect it will be around a net 9m outlay which is amortised again for PSR. Is it a loss? Yes, in terms of paying money out of course it is. But we have a net gain on the accounts, and only need to get more than 9m in any resale to have made money out of him twice, and then being in PSR compliance thanks to the deal(s).
Simon Buttle
Player Valuation: £50m
Me too mate, we have alot of work to do this summer and I was hoping we would know something by now, I want us to just walk away tbh, hopefully we have other targets lined up.
Raino85
Player Valuation: £35m
Is it clever? in the world of PSR, bringing him back he now wont be pure profit if they were to sell him?
Maybe it is.....i just don't know these days????
Tony’s Carp
Player Valuation: £50m
Fair enough mate, know we discussed this a bit the other day and it can be viewed in different ways I guess. I've seen much wilder stuff from amateur accountancy experts on Twitter, not just Villa fans, Chelsea fans are crazy for amortisation and the like and it all just gets a bit silly. Just making the point that viewing things purely through PSR and accountancy you can lose track of the reality of deals. End of the day if you make more money than you spend the rest takes care of itself.
Raino85
Player Valuation: £35m
Think a bit of premature ejaculation from the ITKs have made people think its closer than expected.
Cashflow may not be an issue, but PSR can hamper you financially and it seems they are on the edge.
We lost what 12-16 mill with our points deductions just on PL money, whatever in legal fees and what ever secondary impact on commercial deals and possibly credit with the reputational damage and threat of relegation.
Maybe from Villa point of view its worth spending a bit of their cash flow in avoiding all that and gaming the threshold, while also allowing them access quality players - overall they can resale those players so at worse its net 0 eventually.
Tony’s Carp
Player Valuation: £50m
Perfect encapsulation of PSR that clubs can be making deals that are long-term lossmaking but be seen as clever because of a short-term PSR boost. Bit like Chelsea's long-term contract workaround, all sorts of tricks that in the long term are neither profitable nor sustainable, yet they are being used to satisfy the profitability and sustainability rules.
The clubs are cleverer then the PL mate.
So much written on it, but in hindsight my take would be the were brought in to stop City, they gave no consideration to any other permutations or scenarios or damaging unintended consequences and they still couldn't stop City.
blue in oxford
Player Valuation: £1.5m
get rid of thread not coming
buededw1
Player Valuation: £15m
no we love speculation, it's what get's us through the day
HalfTimeSayers
Player Valuation: £35m
Indeed. Bids supposedly accepted from multiple clubs, agent doing whistle stop tour of training ground car parks, and yet the player now doing bleep tests at Hulls pre-season camp after initially staying in the UK. They have said they don’t need to sell, but if bids really accepted and the player is deciding, would seem very odd to risk injury (although they are still paying him).
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