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Leftism

I think the biggest myth around the "pure profit" idea that the likes of @Hansern seem to believe is simply that it's extra profit. It's not, it's just a timing thing. That can be beneficial or detrimental depending on results over an extended period (which are themselves very unpredictable).

If you sell a youth player for 100m then you get all that as profit in year 1.

If you sell a guy with book value of 50m and 2 years left on his deal, you get 75m in year one and 25m in year 2 (amortisation foregone). Total still 100m just accelerated.

There's really no way of knowing from that example whether you want the extra 25m in year 1 or year 2. It just depends.

Your assumption is incorrect.

My point is that although we have some well documented wiggle room now and transfer of the magnitude the Wirtz deal would be, will have to be managed in the future. Any sale isn’t irrelevant.
 
Peter is correct. It's all just timing.
I think it all comes down to the portrayal of people as "experts" in the media. If someone is presented to you as an expert in a field you don't know that much about then you'd be inclined to believe them. The problem is that those experts on football are often people like Simon Jordan, who knows "the game" better than I do, but he doesn't know finance as well as I do. Kieran Maguire knows his stuff about finance, but there are still things he doesn't quite get about football finance and / or he doesn't have the space on Twitter to communicate the nuance. there's nothing "wrong" about his answer in Harvey, but it only addresses the question of profit on sale and what that means for PSR. That's all he was asked. But the bigger picture is that it isn't always the best idea to sell a kid if you're trying to balance the books, particularly if you're in a UEFA competition.
Often what's said in the media is close to the truth and gets accepted as such, but it's usually an over-simplification. The "pure profit" thing is a classic example. It would be better described as "faster" profit, but that doesn't sound great.
 
Your assumption is incorrect.

My point is that although we have some well documented wiggle room now and transfer of the magnitude the Wirtz deal would be, will have to be managed in the future. Any sale isn’t irrelevant.

I didn't say a SALE was irrelevant, I said whether the sale was "pure profit" was (probably) irrelevant.
 
Nevermind. This is a thread regarding our new left midfielder and a tribute to Leftfield.

Start a new PSR - profit thread if it needs further discussion.
 
Peter is correct. It's all just timing.
I think it all comes down to the portrayal of people as "experts" in the media. If someone is presented to you as an expert in a field you don't know that much about then you'd be inclined to believe them. The problem is that those experts on football are often people like Simon Jordan, who knows "the game" better than I do, but he doesn't know finance as well as I do. Kieran Maguire knows his stuff about finance, but there are still things he doesn't quite get about football finance and / or he doesn't have the space on Twitter to communicate the nuance. there's nothing "wrong" about his answer in Harvey, but it only addresses the question of profit on sale and what that means for PSR. That's all he was asked. But the bigger picture is that it isn't always the best idea to sell a kid if you're trying to balance the books, particularly if you're in a UEFA competition.
Often what's said in the media is close to the truth and gets accepted as such, but it's usually an over-simplification. The "pure profit" thing is a classic example. It would be better described as "faster" profit, but that doesn't sound great.

Good points as always mate. I’m guessing for our sake it’s more about sellable assets this summer and raising funds for a rebuild anyway given our financial situation with PSR.
Villa and Utd sound more like being in the shit short term.

Will be interesting to see if the PL adopt the UEFA rules.

Now back to wanting Rogers replacing Diaz.
 
Any chance Barcola might become available this summer with the emergence of Doue and the signing of Kvara?

He was rumored to be and that’s why I listed him as an option. Enrique said he was an important player for them, but if possible that’s a great signing.
 
Your assumption is incorrect.

My point is that although we have some well documented wiggle room now and transfer of the magnitude the Wirtz deal would be, will have to be managed in the future. Any sale isn’t irrelevant.
This is also correct. The Wirtz deal will throw off a high amortisation charge for 5 years, plus wages too. The profits from any sales in this window give us plenty of buffer for the next three years but not beyond, hence my original comment about managing wages / driving revenue across a longer horizon.
 
I’m going to stick my neck out and say… I’m pretty sure our finance team know how it works, what our budgets are and what the impact of any signing is to future budgets, spending and regulatory compliance.

It’s not like we’re expecting them to figure out how John Henry can secretly pump £££’billions into the club or whether we can sell ourselves a carpark for several hundred £££’million.
 
Or for that matter… calculating how much Barca now owe us after compound interest is taken into account.

They should probably just give us Yamal and we’ll call it quits.
 
I’m going to stick my neck out and say… I’m pretty sure our finance team know how it works, what our budgets are and what the impact of any signing is to future budgets, spending and regulatory compliance.

It’s not like we’re expecting them to figure out how John Henry can secretly pump £££’billions into the club or whether we can sell ourselves a carpark for several hundred £££’million.
Our current CFO used to do all the accounting for transfers and will be all over it. I also suspect we do this better than most other clubs, based on what UEFA told us when we were charged in FFP in the early FSG days - they basically gave us a pass because they could see we weren't taking the piss.
 
Agreed, Semenyo feels like an expensive trap. He's also one of the worst in the league when it comes to converting shots/chances.
 
You wonder if Williams might have to take a pay cut if he ever wants to move to a big club. Those wages are ridiculous. Maybe just give him a massive signing bonus instead?
 
N.Williams is supposedly on around ~200k a week at Bilbao. That sounds really high. I didn't think mid-tier clubs in La Liga could afford to pay those sorts of wages.

Anyways, he won't have many suitors (if any) with those kind of demands unless Barca decide to go mental again.
 
Options for LW (Gakpo + )
Rio will be 17 when season starts. He should be able to do 1 game in 4 as cover for gakpo
Georges Mikautadze, a friend for our new GK can play LW, ST or AM
Eze can play either wing plus AM
Morgan Rogers like Eze can play either wing and AM
Or use Dom and Wertz to rotate on the LW if Gakpo needs a break.
Finally Badge
 
N.Williams is supposedly on around ~200k a week at Bilbao. That sounds really high. I didn't think mid-tier clubs in La Liga could afford to pay those sorts of wages.

Anyways, he won't have many suitors (if any) with those kind of demands unless Barca decide to go mental again.

Bilbao can because they don't pay transfer fees.

They also have great mountains in the Basque.
 
Bilbao can because they don't pay transfer fees.

They also have great mountains in the Basque.

Rogers feels like the best long-term option, but I doubt we’ll buy him this season. Can see him as our big signing of 2026.
 
Rogers feels like the best long-term option, but I doubt we’ll buy him this season. Can see him as our big signing of 2026.
You are aware that its likely after this summer we wont see any new purchases for at least 3 windows unless we sell?
 
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