Lloyd Kelly - Juventus' €17.5m Obligation to Buy Activated (Romano)

[Nucasol]

Juve fans right now.

 

 

[PauloGeordio]

[andycap]

What's that then? 16 million pounds roughly. 

[Aiston]

Thanks for everything, good luck at Juventus.

 

 

(Jesus christ Juve, are you insane?)

[PRL]

How are signing on and agents fees treated for PSR purposes? I have a suspicion that the large number we saw for agents fees last year could be linked to this transfer as there weren’t many others to associate it with. If we also loaded his wages via a signing on fee to avoid upsetting the balance across the squad then I fear from a financial perspective this isn’t quite as lucrative as it appears, but I’m not sure if that doesn’t matter for PSR sales / revenue purposes. 

[SUPERTOON]

Juventus confirmed European football for next season, wonder if we get any more money as a result. 

[LFEE]

2 hours ago, SUPERTOON said:

Juventus confirmed European football for next season, wonder if we get any more money as a result. 

 

[HawK]

3 Lloyd Kellys or 1 Alexander Isak, great business.

[nufc123]

2 hours ago, SUPERTOON said:

Juventus confirmed European football for next season, wonder if we get any more money as a result. 

Think there were some add ons if they made CL.

[Nucasol]

2 hours ago, LFEE said:

 

[nufc123]

2 hours ago, LFEE said:

 

Didnt see this earlier. Another 7m just for Europe? Thats mental.

[SteV]

Ryder claiming he was on 150k p/w 😬

 

 

https://www.chroniclelive.co.uk/sport/football/football-news/newcastle-united-agree-first-transfer-31687829

[STM]

Just now, SteV said:

Ryder claiming he was on 150k p/w 😬

 

 

https://www.chroniclelive.co.uk/sport/football/football-news/newcastle-united-agree-first-transfer-31687829

No surprise. Free transfers tend to have over inflated wages.

[The Prophet]

[Ben]

Mitchell Master stroke ?

[ponsaelius]

I personally don't believe for one second he was on that much, as it would have been far more difficult to shift him. Certainly he would have not fit into Juve wage structure.

 

Capology has his Juve wage at 40,000 euros a week.

 

 

Edited 9 hours ago by ponsaelius

[Menace]

You mean Targett and Kelly weren't on £300k a week combined? Blasphemy.

[thomas]

maybe switching to italian food from english was worth 100k/w to him

[Nobody]

14 minutes ago, ponsaelius said:

I personally don't believe for one second he was on that much, as it would have been far more difficult to shift him. Certainly he would have not fit into Juve wage structure.

 

Capology has his Juve wage at 40,000 euros a week.

 

 

 

It will have been his total packade including signing on fee or something like that. So he might have cost the club £150k a week in accounting terms with the signing on fee ammortised during the length of his contract. 

[Monters]

14 minutes ago, Nobody said:

It will have been his total packade including signing on fee or something like that. So he might have cost the club £150k a week in accounting terms with the signing on fee ammortised during the length of his contract. 

Exactly this!

Plus the figure would also include maximum bonuses he could have received also... absolute bollix what gets reported regarding wages

[Colos Short and Curlies]

If that's the case then we'd have to write it all off in this years accounts so Ryder would be wrong in his calcs 

[wormy]

Such a relief to get his £200k a week off our wage bill.

[Optimistic Nut]

Just need Targett's £500k a week wages off the books now. 

[Nucasol]

18 minutes ago, wormy said:

Such a relief to get his £200k a week off our wage bill.

[James]

Players don’t get signing on fees any more, they get loyalty bonuses and performance bonuses paid monthly over the course of their contract.

 

If we sell a player we must still pay the loyalty bonus. Depending on the contract that might mean that we have to pay the bonus immediately upon sale, or it may be possible to continue paying the loyalty bonus monthly for as long as necessary. A player loses their outstanding loyalty bonus if they hand in a transfer request or they may choose to renegotiate the amount the are owed to facilitate a sale.

 

Not knowing the details of Kelly’s contract, let’s split the £150k alleged into three equal parts: Basic, Loyalty, Performance.

 

If the outstanding loyalty bonus is £50k a week for three years, that is £7.8m we’d either have to pay Kelly in June or continue to pay him. Assuming the former, we’d only be able to claim about £10m for PSR accounting purposes if those numbers are real.