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Other clubs' transfers

Greg

by Greg
in Football

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Kanji

Kanji

Posted
Posted
13 minutes ago, Deuce said:

Bellingham, Tchouameni, Camavinga, Valverde in that midfield for the better part of a decade, christ.

 

Their Kroos, Modric and Casimero replacements are Bellingham, Tchouameni, and Camavinga. :lol: 

 

 

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Lish007

Lish007

Posted
Posted
7 minutes ago, KaKa said:

Can't lie I am absolutely thrilled Liverpool and Man City will not be getting him. Fantastic stuff.

Echo my thoughts exactly. Great choice by him. He will win everything! 

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KaKa

KaKa

Posted
Posted
Just now, kingxlnc said:

Benz needs an elite upgrade - Haaland or Mbappe and that's a new generation of galacticos

 

Mbappe is very adamant about playing on the left rather than upfront, so not sure that's the number 9 they end up with.

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Mikky

Mikky

Posted
Posted
14 minutes ago, kingxlnc said:

Benz needs an elite upgrade - Haaland or Mbappe and that's a new generation of galacticos


Signed the Brazilian prodigy (Endrick?)

 

I’m convinced they will buy Mbappe at some point 

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The College Dropout

The College Dropout

Posted
Posted
54 minutes ago, teohgk said:

fucking hell , how many midfielders they need? How dare La Liga chief complained about EPL spending too much

They've spent less than us these last 2 seasons.

 

Might be close to breaking even in that period.

 

They've been smart by using their prestige to sign elite free agents and the best young players on the planet. They've not bought an elite player in their prime since Hazard. 

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Nucasol

Nucasol

Posted
Posted
4 minutes ago, The College Dropout said:

They've not bought an elite player in their prime since Hazard. 

I imagine portly Eden still haunts the dreams of their recruitment team. Big fan of the patatas bravas.

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Manxst

Manxst

Posted
Posted

Real are only doing well financially because they’ve sold future rights, the same as Barca.

 

“Last summer, the club faced a new cash crisis. The redevelopment plan for the Bernabeu, with a new premium matchday hospitality offering under a new roof and distinctive metallic outer wrap, had grown into a multi-use stadium with scope for concerts and business conferences. Costs were anticipated to rise to €1 billion which would have needed the club’s board to approach JP Morgan to increase the €800 million bond by €200 million. That in turn would have needed the approval of the members at the general assembly last September.

 

The club were also facing a €150 million shortfall for their biannual salary bill coming due in July which totalled €216 million plus €35 million in associated taxes.

To cover these immediate calls on cash, Real negotiated a deal with the US investor Sixth Street to sell 30 per cent of future income from the new Bernabeu, excluding ticketing and any potential naming rights deal, for the next 20 years. That payment of €360 million was to come in two parts, €316 million in May last year and a further €44 million in July, the latter falling within the next financial year. The Sixth Street deal covered the stadium costs and the salary bill and crucially was booked as revenue.

This method of accounting has also been adopted by Barcelona who sold €700 million of future revenue last summer, including television rights and commercial entities to Sixth Street and others. Both clubs have represented this in their financial results as revenue. Others, including Uefa, might choose to see it as debt.

 

Real would have made losses last summer had it not been for the sale of future revenue. These are known as the financial levers - “palancas” – of last resort. The €44m from the original €360 million that was scheduled last summer in the subsequent financial year – the current – suggests that Real anticipate future problems. The sale of Casemiro to Manchester United, a €70 million deal for a then 30-year-old, was a gift Real could not ignore. Yet that is the kind of dream sale that cannot be guaranteed every year.

Real made an operational loss last summer and may well do so again in the current 12 months. It is against this backdrop that they will supposedly take on Manchester City for the signature of the hottest prospect in European football. The club’s president Florentino Perez will no doubt point out that City are facing the most serious suite of charges the Premier League has ever laid against one of its members. Yet a question might also be asked of Madrid: how can selling future revenues that must be repaid be considered anything other than debt?”

 

https://www.telegraph.co.uk/football/2023/04/13/can-real-madrid-afford-jude-bellingham/

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Manxst

Manxst

Posted
Posted
24 minutes ago, The College Dropout said:

Yes.... because they've spent 1bn euros on renovating the stadium.

 

Not because of spending 1bn on transfers and crazy wages.

 

Barcelona have pulled levers.... to sign 30+ year old players. 

“The club were also facing a €150 million shortfall for their biannual salary bill coming due in July which totalled €216 million plus €35 million in associated taxes.”

 

 

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ponsaelius

ponsaelius

Posted
Posted

Real Madrid's new stadium redevelopment will be an absolute game changer for their revenue streams going forward tbf. With the ability to put the pitch under the ground and the covered roof they can host city centre concerts, exhibitions, sports events etc every night of the week that's not an actual matchday. It's a license to print money.

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Manxst

Manxst

Posted
Posted
1 minute ago, ponsaelius said:

Real Madrid's new stadium redevelopment will be an absolute game changer for their revenue streams going forward tbf. With the ability to put the pitch under the ground and the covered roof they can host city centre concerts, exhibitions, sports events etc every night of the week that's not an actual matchday. It's a license to print money.

Agreed. Was just pointing out that they’re hardly the role model when it comes to finances- they’ve gambled with future income, the same as Barca. They might not have recently spent much on transfers (although the fee for Tchouameni was hardly scraping the barrel) but this is only because they spent far beyond their means previously. 

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The College Dropout

The College Dropout

Posted
Posted

That is tosh. You can look at their transfer record over the last decade. The net spend wouldn’t be in Europe’s top 5 but their revenues would.  
 

You keep saying they are in a similar financial predicament to Barcelona. They are not.  They have invested in a serious revenue driver. Barcelona have not.  

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Manxst

Manxst

Posted
Posted
10 minutes ago, The College Dropout said:

That is tosh. You can look at their transfer record over the last decade. The net spend wouldn’t be in Europe’s top 5 but their revenues would.  
 

You keep saying they are in a similar financial predicament to Barcelona. They are not.  They have invested in a serious revenue driver. Barcelona have not.  

Ok, not top 5….but they came 6th in net spend- hardly frugal. Why are they facing a £200m wage shortfall, as stated earlier? 
 

 

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