Tiresias Posted yesterday at 10:17 Share Posted yesterday at 10:17 Had one wonderful sparkling run where he scored beautiful goals for fun, away from that incredible work ethic on the pitch, fantastic attitude, hope he tears it up back in the MLS. Link to post Share on other sites More sharing options...
Stifler Posted yesterday at 10:19 Share Posted yesterday at 10:19 (edited) 2 minutes ago, Kid Icarus said: You didn't opt for any combo of Meowguel Almeowron? My lass was determined to call her Ellie. She’s our 2nd cat and I didn’t want a house full of cats, so the compromise was we got one, but it had to be black and white, named after Newcastle related, and a female. Edited yesterday at 10:19 by Stifler Link to post Share on other sites More sharing options...
SteV Posted yesterday at 10:20 Share Posted yesterday at 10:20 9 minutes ago, Nucasol said: Nope. Every time you extend your contract, you just amortise it over a longer period - lower numbers but over the time of the extension. So if you sign someone for £20m on 5 year deal, amortise at £4m per year, for the first four years, before they sign a new 4 year contract, you’d have amortised £18m of the original £20m, if you sold with two years remaining? Link to post Share on other sites More sharing options...
Pixelphish Posted yesterday at 10:23 Share Posted yesterday at 10:23 Goodbye, sweet prince. Link to post Share on other sites More sharing options...
Nucasol Posted yesterday at 10:29 Share Posted yesterday at 10:29 1 minute ago, SteV said: So if you sign someone for £20m on 5 year deal, amortise at £4m per year, for the first four years, before they sign a new 4 year contract, you’d have amortised £18m of the original £20m, if you sold with two years remaining? Exactly - remaining amortisation spread over remaining years. So for Lascelles as an example, we signed him for £5m across 5 years - £1m per year amortisation. At the end of year 3 he renewed for two more years on top of his remaining 2 years - so £5m minus £3m = £2m across 4 years = £500k pa amortisation. Ahead of the last year of his deal, we’d amortised for 3 years (£1.5m) and extended him for a year on top of the one year remaining. So £500k left amortised over 2 more years = £250k each year. Now we’ve reached the last year of his deal and extended year by year, we might trigger one year this summer. However by this point his fee will be fully amortised. Link to post Share on other sites More sharing options...
ponsaelius Posted yesterday at 10:30 Share Posted yesterday at 10:30 22 minutes ago, Nucasol said: Nope. Every time you extend your contract, you just amortise it over a longer period - lower numbers but over the time of the extension. Fair. I imagine his book value must be pretty low by now now though? Link to post Share on other sites More sharing options...
Checko Posted yesterday at 10:30 Share Posted yesterday at 10:30 (edited) 10 minutes ago, SteV said: So if you sign someone for £20m on 5 year deal, amortise at £4m per year, for the first four years, before they sign a new 4 year contract, you’d have amortised £18m of the original £20m, if you sold with two years remaining? Yeah, so Miggy was, say £21,000,000 when he signed in Jan 2019 on a 5 1/2 year deal So every year about 3.8 milllion off the books (21,000,000 / 5.5 =3.81818181) After 4 years signed a new 3 1/2 year deal. so about £15,000,000 off the books at that point (3.8 x4). £6 million left. Remaining 6 million comes off over the length of his new contract, about 1.7 million a year. Two years later he's sold, about £3,500,000 has come off that final £6,000,000 so my guess is about £2.5 million remaining on his value that will count againt net profit in the books. Technically I think all this stuff is done on a daily rate (there are some accountants on here who will know better) so the above won't be quite right, but should be accurate enough for internet forum purposes. Edited yesterday at 10:31 by Checko Link to post Share on other sites More sharing options...
KaKa Posted yesterday at 10:32 Share Posted yesterday at 10:32 4 minutes ago, SteV said: So if you sign someone for £20m on 5 year deal, amortise at £4m per year, for the first four years, before they sign a new 4 year contract, you’d have amortised £18m of the original £20m, if you sold with two years remaining? Yes, I believe that's correct After 4 years of the original 5 year contract the book value of the player would be £4 million. If a new 4 year contract is signed, then it would be that remaining £4 million book value that is then amortised over the next 4 years, so at £1 million a year. After 2 years of the new contract have elapsed the player's book value would be £2 million. Link to post Share on other sites More sharing options...
Colos Short and Curlies Posted yesterday at 10:34 Share Posted yesterday at 10:34 If we're starting from a position of just about being ok for this season PSR wise then this sale would allow us to bring forward a £30-£40m singing from the summer. One more sale and we're looking at a Mbuemo level signing headroom Link to post Share on other sites More sharing options...
HayDen Traces Posted yesterday at 10:38 Share Posted yesterday at 10:38 3 minutes ago, Colos Short and Curlies said: If we're starting from a position of just about being ok for this season PSR wise then this sale would allow us to bring forward a £30-£40m singing from the summer. One more sale and we're looking at a Mbuemo level signing headroom Sell Longstaff to Everton for £15-20m. We'd have some PSR headspace Link to post Share on other sites More sharing options...
Scoot Posted yesterday at 10:40 Share Posted yesterday at 10:40 Great deal to be honest. Was kinda hoping we could fetch someone in though. Link to post Share on other sites More sharing options...
Nucasol Posted yesterday at 10:40 Share Posted yesterday at 10:40 Just now, ponsaelius said: Fair. I imagine his book value must be pretty low by now now though? Yep 8 minutes ago, Checko said: Yeah, so Miggy was, say £21,000,000 when he signed in Jan 2019 on a 5 1/2 year deal So every year about 3.8 milllion off the books (21,000,000 / 5.5 =3.81818181) After 4 years signed a new 3 1/2 year deal. so about £15,000,000 off the books at that point (3.8 x4). £6 million left. Remaining 6 million comes off over the length of his new contract, about 1.7 million a year. Two years later he's sold, about £3,500,000 has come off that final £6,000,000 so my guess is about £2.5 million remaining on his value that will count againt net profit in the books. Technically I think all this stuff is done on a daily rate (there are some accountants on here who will know better) so the above won't be quite right, but should be accurate enough for internet forum purposes. Pretty close: Link to post Share on other sites More sharing options...
sushimonster85 Posted yesterday at 10:47 Share Posted yesterday at 10:47 9 minutes ago, HayDen Traces said: Sell Longstaff to Everton for £15-20m. We'd have some PSR headspace I hear it's exactly that easy as well... Link to post Share on other sites More sharing options...
GEFAFWISP Posted yesterday at 10:54 Share Posted yesterday at 10:54 I'm all giddy, like Rachel Reeves cutting public spending type of giddy, thanks and farewell Miggy. Link to post Share on other sites More sharing options...
bobbydazzla Posted yesterday at 10:59 Share Posted yesterday at 10:59 Adios amigo You tried hard, scored a few worldies, only had one foot, were often frustrating, but I never doubted your attitude Hasta la vista, baby Link to post Share on other sites More sharing options...
huss9 Posted yesterday at 11:04 Share Posted yesterday at 11:04 will never forget that PSG goal. had me in tears. Link to post Share on other sites More sharing options...
hakka Posted yesterday at 11:09 Share Posted yesterday at 11:09 3 minutes ago, huss9 said: will never forget that PSG goal. had me in tears. Was busy watching Expendables 4 when that was scored, but was also in tears... but for very different reasons though... Link to post Share on other sites More sharing options...
midds Posted yesterday at 11:09 Share Posted yesterday at 11:09 Impossible to reject that offer, no axe to grind with him, he tried his best but ultimately way too limited. Just need to hope the cash is put to good use replacing him, sure it will be Link to post Share on other sites More sharing options...
huss9 Posted yesterday at 11:10 Share Posted yesterday at 11:10 Just now, hakka said: Was busy watching Expendables 4 when that was scored, but was also in tears... but for very different reasons though... my kids stood next to me were going "ffs, dad's crying!". Link to post Share on other sites More sharing options...
AJ9 Posted yesterday at 11:12 Share Posted yesterday at 11:12 7 minutes ago, huss9 said: will never forget that PSG goal. had me in tears. What a rush. Fucking amazing. Link to post Share on other sites More sharing options...
Lush Vlad Posted yesterday at 11:12 Share Posted yesterday at 11:12 Very good deal. You'd like to hope that it gives us some sort of scope to bring someone in this month. But if there isn't a deal to be done and it's another squad player type. Then perhaps not worth the money and we're better off waiting. Link to post Share on other sites More sharing options...
CheikBoom Posted yesterday at 11:12 Share Posted yesterday at 11:12 31 minutes ago, Nucasol said: Yep Pretty close: I may be wrong here, but our wages to turnover ratio was pretty high. I'm assuming Miggy was on a decent salary a well. Link to post Share on other sites More sharing options...
Shays Given Tim Flowers Posted yesterday at 11:14 Share Posted yesterday at 11:14 Link to post Share on other sites More sharing options...
arnonel Posted yesterday at 11:25 Share Posted yesterday at 11:25 Will be missed... Link to post Share on other sites More sharing options...
Yorkie Posted yesterday at 11:41 Share Posted yesterday at 11:41 Adore the little fucker and personally feel he's been so much more than just that purple patch. He's provided some amazing moments across his time here and otherwise made huge contributions to some good, bad and great teams. If he's going back to Atlanta I hope that works well for him and he leaves as a cult hero as far as I'm concerned. Link to post Share on other sites More sharing options...
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