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Football Finance

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Hope any club with a spine send a letter of response in return.
I assume didn’t spend any money this year on players this year as they needed it all for the team star lawyers.
 
I suppose this may have been another aspect of City's stalling tactics. If you wait long enough, every club will be owned by a nation state or wealthy individual who will be happy to circumvent the rules with over-priced deals with connected parties.
Villa will see the big profit on Grealish drop out this year, but they have a profit on Douglas Luiz to replace it (and in the current year they'll have Diaby too). In that sense, they tried to play by the rules, up to now, but it would appear they are still in a mess (or they know they will be next year).
And by the way, they should also be fucked over by UEFA's rules given their participation in the Champions League this year. It's going to be very interesting to see how UEFA implement those rules because, strictly, the likes of Villa and Chelsea should be looking at massive fines (10s of millions of Euros) based on my rough estimates. I bet UEFA will bottle it.
 
One loop hole closes.. another opens.

£35m for 1 share....

bsky.app

Matt Slater (@mjslater.bsky.social)

I suspect the owners of these shares have not bought them so they can frame the certificate & hang it in the loo. Newcastle United’s owners pay £35m for one new share in their club & Wrexham’s pay a very precise £11,328,321.86 for one in theirs.
bsky.app bsky.app
 
The Nomad said:
One loop hole closes.. another opens.

£35m for 1 share....

bsky.app

Matt Slater (@mjslater.bsky.social)

I suspect the owners of these shares have not bought them so they can frame the certificate & hang it in the loo. Newcastle United’s owners pay £35m for one new share in their club & Wrexham’s pay a very precise £11,328,321.86 for one in theirs.
bsky.app bsky.app
Click to expand...
In the words of Tom Jones, it's not unusual. 1 share, 35 million shares, doesn't really matter. Just affects how much goes to share capital and how much to share premium.
They've probably done it this way so it doesn't have a huge impact on the share of profits on sale between the PIF and the minorities.
Nothing to see here. We did the same when we did our share injection in 2014 - two shares for £69m. That was all about maximising our capacity to incur losses for UEFA's FFP rules (you could get away with a higher amount of loss if it was covered by equity from the owners). £10 nominal value of the shares, the rest went to share premium.
 
It’s ok, City originally opposed the European Super League so they fought the good fight.
Anyway, surely City will get away with it I assume, Pep extended his contract so a reason to be confident?
 
rubans said:
It’s ok, City originally opposed the European Super League so they fought the good fight.
Anyway, surely City will get away with it I assume, Pep extended his contract so a reason to be confident?
Click to expand...
Or a way to inflate his bank account even further before walking away for doping.
 
dogboy said:
Is that the cock who tried to charge us to use Koptalk?
Click to expand...

Yep.. and still trying to charge people to access dodgy content by the looks of things.

I mean I've done a quick Google search of titanium spv and come up with blanks. So it's 100% bullshit made up horseshit and all the other animals
 
The Nomad said:
Yep.. and still trying to charge people to access dodgy content by the looks of things.

I mean I've done a quick Google search of titanium spv and come up with blanks. So it's 100% bullshit made up horseshit and all the other animals
Click to expand...
But Bluebellend clearly has subscribed ... or is he Dunc?
 
Premier League clubs paid a total of £409 million in agent fees between February 1, 2023 and February 1, 2024, which is a significant increase from the previous season:
  • Chelsea: The biggest spenders, paying £75.1 million
  • Manchester City: Paid £60.6 million
  • Manchester United: Paid £34.1 million
  • Liverpool: Paid £31.5 million
  • Arsenal: Paid £24.8 million
  • Aston Villa: Paid £21.2 million
  • Tottenham: Paid £19.7 million
  • Newcastle: Paid £18.9 million
  • Bournemouth: Paid £16 million
  • West Ham: Paid £13.9 million
Click to expand...

£409m to agents thats probably more than what the French or Dutch League spent on player transfers
 
Not sure where this really fits but here is probably best.

Spend smart is the message.

When Liverpool lost on Real Madrid’s previous visit in March 2023, the chastening experience was the catalyst for a rebuild. The popular opinion was the club had to commit £110 million in a transfer fee and further £100m in salary over five years to sign Jude Bellingham.

Soon after, Jurgen Klopp announced another surrender. Rather than pursue one midfielder, the club would use the funds to buy three.
Liverpool could not buy Bellingham. But to quote Brad Pitt as Billy Beane in the movie Moneyball, they could “create him in the aggregate”.

There was initially rancour at the decision, yet the combined fee of Alexis Mac Allister, Gravenberch and Dominic Szoboszlai – the three who arrived instead of Bellingham – was £130 million. At a conservative estimate, their current salary should they stay on Merseyside for five years will amount to another £78m. Three players for the price of one, with probably change to spare. It was never a case of refusing to spend big – more about spending smart.
 
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