Eveready Posted July 23, 2022 Share Posted July 23, 2022 I’m a bit confused as to why we would have staggered the payments for Pope if it doesn’t have a FFP benefit and Burnley needed the cash. Surely the most effective way to beat FFP in the long term would be an interest free shareholder loan and paying full transfer fees upfront at a discounted prices. Link to post Share on other sites More sharing options...
Geordie Ahmed Posted July 23, 2022 Share Posted July 23, 2022 28 minutes ago, Eveready said: I’m a bit confused as to why we would have staggered the payments for Pope if it doesn’t have a FFP benefit and Burnley needed the cash. Surely the most effective way to beat FFP in the long term would be an interest free shareholder loan and paying full transfer fees upfront at a discounted prices. How does an interest free shareholder loan help with FFP? My understanding is paying in instalments has no impact on FFP, either positive or negative. However, from a cash flow perspective if you can spread payments then surely that's sensible, it's how the majority of clubs pay for players. Only Ashley seemed to do the pay in full for a while and that was to then justify his limited spending. Link to post Share on other sites More sharing options...
Eveready Posted July 23, 2022 Share Posted July 23, 2022 8 minutes ago, Geordie Ahmed said: How does an interest free shareholder loan help with FFP? My understanding is paying in instalments has no impact on FFP, either positive or negative. However, from a cash flow perspective if you can spread payments then surely that's sensible, it's how the majority of clubs pay for players. Only Ashley seemed to do the pay in full for a while and that was to then justify his limited spending. It doesn’t directly but if Burnley paid say £800k for the factoring then surely we could have got £500k off the transfer fee and paid upfront. Burnley would receive £300k more and we would reduce our FFP burden. A shareholder loan would be if we don’t have the cash in our bank to pay for all the transfer fees upfront this way. Link to post Share on other sites More sharing options...
mighty__mag Posted July 23, 2022 Share Posted July 23, 2022 https://www.google.com/amp/s/www.mirror.co.uk/sport/football/burnley-face-uncertain-future-premier-27044851.amp Does anyone consider Burnley may have asked for Pope's installments rather than lump sum. Link to post Share on other sites More sharing options...
r0cafella Posted July 23, 2022 Share Posted July 23, 2022 33 minutes ago, Eveready said: It doesn’t directly but if Burnley paid say £800k for the factoring then surely we could have got £500k off the transfer fee and paid upfront. Burnley would receive £300k more and we would reduce our FFP burden. A shareholder loan would be if we don’t have the cash in our bank to pay for all the transfer fees upfront this way. I think for Burnley; the concerns aren’t ffp. They are cash flow, iirc Burnley we’re bought using loans and likely with business plan which involved being in the premier league. Link to post Share on other sites More sharing options...
McDog Posted July 23, 2022 Share Posted July 23, 2022 12 minutes ago, r0cafella said: I think for Burnley; the concerns aren’t ffp. They are cash flow, iirc Burnley we’re bought using loans and likely with business plan which involved being in the premier league. That is a thing with owners of many sports franchises. Cash flow can be an issue and must be managed. Premier league money is huge so they better get back next year. Link to post Share on other sites More sharing options...
Deuce Posted July 23, 2022 Share Posted July 23, 2022 3 hours ago, elbee909 said: There's been talking of Memphis. But does Depay feel the way we feel? Link to post Share on other sites More sharing options...
elbee909 Posted July 23, 2022 Share Posted July 23, 2022 According to Spanish press, Depay expected to turn down a move. The big twat. Link to post Share on other sites More sharing options...
elbee909 Posted July 23, 2022 Share Posted July 23, 2022 News says Everton and Arsenal were offered Thomas Lemar. Hello, what about us eh. Chopped liver apparently. Link to post Share on other sites More sharing options...
Keegans Export Posted July 23, 2022 Share Posted July 23, 2022 3 hours ago, mighty__mag said: https://www.google.com/amp/s/www.mirror.co.uk/sport/football/burnley-face-uncertain-future-premier-27044851.amp Does anyone consider Burnley may have asked for Pope's installments rather than lump sum. Unless I'm misreading it, the paperwork lodged at CH is Burnley taking out a loan and using the future installments in the Pope transfer as collateral - basically "You know we can pay this loan off because we're getting these payments over the next three years". Seems to me that if they'd got the £10m up-front they'd have been better off. Link to post Share on other sites More sharing options...
Coffee_Johnny Posted July 23, 2022 Share Posted July 23, 2022 1 hour ago, elbee909 said: News says Everton and Arsenal were offered Thomas Lemar. Hello, what about us eh. Chopped liver apparently. Chope Livere? It’s a no from me; slow as fuck. Link to post Share on other sites More sharing options...
WarrenBartonCentrePartin Posted July 23, 2022 Share Posted July 23, 2022 How’s it interesting in itself you slaphead doylem? Link to post Share on other sites More sharing options...
elbee909 Posted July 23, 2022 Share Posted July 23, 2022 Scintillating news there. Link to post Share on other sites More sharing options...
NEEJ Posted July 23, 2022 Share Posted July 23, 2022 "Nothing has happened. Isn't it fascinating?" Link to post Share on other sites More sharing options...
Nucasol Posted July 23, 2022 Share Posted July 23, 2022 1 minute ago, NEEJ said: "Nothing has happened. Isn't it fascinating?" Budget. Link to post Share on other sites More sharing options...
kingxlnc Posted July 23, 2022 Share Posted July 23, 2022 8 hours ago, duo said: https://www.dailymail.co.uk/sport/football/article-11040889/Newcastle-ask-Rennes-winger-Kamaldeen-Sulemana-having-rejected-Leeds-35m-ask-Harrison.html North - West club? This lad looks rapid... This would be amazing he is genuine wonderkid i do like this policy of the next up and coming Haaland in Sesko and the next Mane in Kamaldeen i also think it’s great for the youngsters themselves as Howe would develop them well At this stage of our journey I defo would rather be the Borussia Dortmund or RB Leipzig model than the PSG / Man City model. in a few years we can supplement these maturing youngsters with a sprinkle of world class experience and watch them fly Link to post Share on other sites More sharing options...
NEEJ Posted July 23, 2022 Share Posted July 23, 2022 8 minutes ago, Nucasol said: Budget. Like others have said, I hope we smash his predicted total just to clamp the prick. Link to post Share on other sites More sharing options...
WillingtonMag Posted July 23, 2022 Share Posted July 23, 2022 On the drink up town this afternoon so printed out some anxiety surveys to fully gauge the transfer induced stress levels through out the city. I'm currently at debilitating myself but hoping that a few pints and some solid transfer rumours might get me down to severe. Link to post Share on other sites More sharing options...
Keegans Export Posted July 23, 2022 Share Posted July 23, 2022 9 minutes ago, kingxlnc said: At this stage of our journey I defo would rather be the Borussia Dortmund or RB Leipzig model than the PSG / Man City model. Agree 100% We also have an advantage over Dortmund & Leipzig in that we are in the Premier League. Obviously in the position we are now that isn't enough but if we can consistently offer European and Premier League football, it gives us a better chance than those two clubs of holding on to our talented players. Link to post Share on other sites More sharing options...
Scoot Posted July 23, 2022 Share Posted July 23, 2022 8 minutes ago, WillingtonMag said: On the drink up town this afternoon so printed out some anxiety surveys to fully gauge the transfer induced stress levels through out the city. I'm currently at debilitating myself but hoping that a few pints and some solid transfer rumours might get me down to severe. I'm at 4. Severe. Was going to go out to the local today but I just cannot face it. Think that falls nicely under the "Isolation" bit. I'm just gunna shut the curtains and go to bed. God I Hope we sign someone soon. Link to post Share on other sites More sharing options...
madras Posted July 23, 2022 Share Posted July 23, 2022 11 minutes ago, WillingtonMag said: On the drink up town this afternoon so printed out some anxiety surveys to fully gauge the transfer induced stress levels through out the city. I'm currently at debilitating myself but hoping that a few pints and some solid transfer rumours might get me down to severe. I'm in at about 0.5, checking for transfers slightly more than usual, no feelings of anxiety, able to get things done (in a manner, I'm a lazy git), no physical symptoms. I know a couple of 2s, one mate and one workmate. Link to post Share on other sites More sharing options...
RodneyCisse Posted July 23, 2022 Share Posted July 23, 2022 (edited) We’ll be able to panic later when Burnley beat us behind closed doors. Edited July 23, 2022 by RodneyCisse Link to post Share on other sites More sharing options...
Eveready Posted July 23, 2022 Share Posted July 23, 2022 6 hours ago, r0cafella said: I think for Burnley; the concerns aren’t ffp. They are cash flow, iirc Burnley we’re bought using loans and likely with business plan which involved being in the premier league. I agree. I also think that for Burnley the cash flow is a bigger issue than FFP. Since Burnley paid for factoring then they almost certainly would’ve accepted a lower fee. It would have been worse for us from a cash perspective but better from FFP, and if FFP is our only financial constraint then we should’ve taken the hit and given a shareholder loan to the club if required. I’m sure there’s a good reason we structured it in instalment, I’m just struggling to think of why. Overall I think we should be doing everything to keep our FFP burden as low as possible. I’m not suggesting in any way that we should do this, especially such a professional organisation like PIF, but even thinking of things like giving say Neymar a percentage of the club ownership (but no seat) as a signing bonus. Obviously that particular scenario probably wouldn’t work as there would be a monetary value of the shares but you could also argue that there is no direct cost to the club other than the legal fees. Link to post Share on other sites More sharing options...
Kid Icarus Posted July 23, 2022 Share Posted July 23, 2022 52 minutes ago, WarrenBartonCentrePartin said: How’s it interesting in itself you slaphead doylem? Presumably because it's 2-3 months later and the interest is still there, or that it's been that long and nothing's further forward. Link to post Share on other sites More sharing options...
r0cafella Posted July 23, 2022 Share Posted July 23, 2022 5 minutes ago, Kid Icarus said: Presumably because it's 2-3 months later and the interest is still there, or that it's been that long and nothing's further forward. I mean, he’s one of a number of names right? He wasn’t the first choice so it makes no sense to just go in and negotiate with them. Link to post Share on other sites More sharing options...
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