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NUFC transfer rumours in the press


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If we sell Tiote it will be to balance the books IMO, I doubt we'll be doing any more spending. We've spent £37m and pulled back £30m through the sales of Debuchy and Cabaye, so selling Tiote would suit the NUFC bean counters nicely.

 

So just a 70 million profit this year then :-)

 

It will be interesting to see how much profit we make in the accounts as so far we have only spent the money brought in with sales and although there may be an increase in wages, surely most of that will have been covered by the wages of Cabaye, Debuchy, Shola and Gosling.  Of all the new arrivals, I would have thought that only De Jong and Cabella will be on relatively big wages.  If we don't bring in anyone else, surely we will be making a massive profit and if that is not the case, then something is not right as the club is run on a shoestring as it is.

 

 

If nothing changed from right now we'd probably be making a profit of somewhere between £30m-£40m.  Depending on exactly what date the accounts cover (which I can't remember exactly).

 

Spending money on players doesn't affect profits, selling players does however and wages+depreciations. 

Players are thought of as assets in football club accounts.  They are bought in as assets and their value is depreciated evenly throughout their contract.

 

Tiote i.e. was bought for 3,5m pounds and lets assume the agent fees were about 0,5m. So 4m in total.

Don't remember how his original contract was but lets say 4 year.

 

Tiote would then be 4m in the books when he was bought as an asset and 4m out in money so the books are the same.

Each year he would then get depreciated 1m.  That would make him fully depreciated this year and his value in the books would be 0.

 

So any amount we would get for him would go in as a profit since his value is 0.

 

This is of course simplified a bit.  An accountant could explain it better.

 

It doesn't affect accounting profits no, but it will affect our real world profit/loss (as in total incomings vs total outgoings), especially since we pay for players all up front.  I've no idea what the accounting profit will be but I think what people are talking about is the real money we'll have left in the bank rather than a accounting number (of course even then it was a wild guess on my part).

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If we sell Tiote it will be to balance the books IMO, I doubt we'll be doing any more spending. We've spent £37m and pulled back £30m through the sales of Debuchy and Cabaye, so selling Tiote would suit the NUFC bean counters nicely.

 

So just a 70 million profit this year then :-)

 

You know how it works. Players wages, ground repairs, staff costs, blah blah blah. Of course we're making a massive profit, whether it's £70m or £60m I have no idea. But that is how we've worked for the past few seasons, if we were about to change it don't you think we'd have spent £20m on a striker rather than sign an Argie on loan who doesn't show enough in training to even make the bench? Or would we really need to sell MYM before buying the CB we have clearly identified as a key purchase previously?

 

 

 

You're right and it's really a total slap in the face but you still have the usual muppets going on about how we need to make sure the club is operated correctly whilst the fat c*** banks all the profits without making one effort about progressing the club.

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Cuntryder

 

Marseille winger Andre Ayew linked with Newcastle United again but Magpies have oversubscribed with wingers

 

Only one we have who's good enough is Cabella and HBA who probably wont play for us again.

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Cuntryder

 

Marseille winger Andre Ayew linked with Newcastle United again but Magpies have oversubscribed with wingers

 

Only one we have who's good enough is Cabella and HBA who probably wont play for us again.

 

That doesn't even make sense grammatically ffs  :lol:

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Guest chopey

Tiote will go, nobody will come in,the wonga fans will be ecstatic we spent £30 millon, pardews an arsehole, Ashley will make his huge profit and the rest of us real fans will be sitting on our hands at home waiting for it to fall to pieces

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Doesn't the Russian window close after ours or is that just the January one?  If that's the case then I wouldn't be surprised to see him leaving after 1st September.

 

 

Just the winter one.

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