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Transfers Summer Transfer Thread 2023! - Closed (Maybe)

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Look, I appreciate you took the time to write this all down, but I am beyond fucking sick of the amateur accountants repeating this time after time...

It's a fucking bookkeeping quirk that allows them to skirt by the supposed FFP rules.

It's a technicality.

They are committed to ~£1b of transfer spend, in the same time they have received ~£200m in sales. BOTH lots of sums are being paid/received over a period of years. That is the bottom line!

Just because there is a stupid loophole in the FFP rules or whatever it is that allows this, does not mean anyone beyond the most brainwashed Chav muppet should be claiming them as in fucking profit. That is like me getting a loan over the next 8 years that I am due to pay back £200 a month on, and with no other source of income claiming myself to be financially sound because I had a car boot sale this month and raked in £250... In fact, it's not even like that, because in this scenario my £250 incoming from the boot sale should be spread over 5 years too!

Not once have I ever seen anyone put forward a rational explanation for why transfers in should be considered over the duration of the contract yet transfers out, where you are receiving the money in instalments also, should be counted immediately.

I'd very much like something on that, not yet another "Well you see the transfer fee is ackshually amortised blah blah blah..." I'm pretty sure we're all well versed in that spiel by now.
The world according to GAAP.
 
Got to be something in the lenglet thing coming black to us. Him getting a club has dragged on to long now so must be pushing for us.Also I think kulu was a bad a bad idea this year making his move permanent I don't think he's going to be as good as people think very average to me .Hope I'm proved wrong
 
Hope this is right.

If so, and again it's conjecture until it becomes fact, then we have a very good player, who alongside a fit Bentancur would be more than decent.

I think we need another central midfielder, and it goes without saying we need a striker. Bare minimum.

I like to try to adopt a more pragmatic view these days, set against the decadent spending of some clubs, but if we don't buy 2 or 3 more players before the end of this window, I might change my thinking.
Curious to know as to why you're more concerned about Bissouma than Bentancur. I personally think Bentancur is the bigger question mark after his injury.

As for striker, I can easily be swayed to forgo one in lieu of another winger that might be more suited to Ange's style of play. Either way, tend to agree that we need at least another CB and CM if Hojberg goes.
 

View: https://twitter.com/HotspurRelated/status/1692078159955431481

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dont see how angie would ok that move, he's slower than ben davies.
 
Ueffa have somewhat stopped this by putting a max amortisation to 5 YEARS, when Chelsea are back in europe this may cause them a challenge.

EPL ffp is backward looking, they use company accounts over 3 years and if you break it now it won't show up until the next set of accounts. Spanish ffp (and I think French) is more real-time, this may be an option (also a reason not to laugh as much at barca as if we had the same system a few of our teams would be in trouble).

Chelsea are on the hook for the cost but are kicking down the road. Imo city /newcastle are trying to play the system while Chelsea are betting ffp won't be a thing by the time it catches up with them
That's what makes it even more backwards, to stand a chance of optimising their income streams they have to be getting into Europe, and obviously the spending spree is designed to get into Europe too as that's the most obvious measure of success alongside trophies (which bring Europe anyway).

So if they're not getting into European competition then this spend has failed essentially, not even considering the financial necessity for it.

And yet, this splurge does not fall in line with the rules of the European competitions that they're doing it to get into... seems like a case of not just shooting yourself in the foot, but blowing your entire lower leg off with a shotgun.

I'd laugh so much if after spending all this money to get back amongst it in the CL, they qualify and are immediately told to fuck off by Uefa and expelled from the competition, thus unable to keep up on their payments, falling into administration and finally (FUCKING FINALLY) expelled from the league and wound up entirely.

:ange-pray:
 
Yes but the primary goal for a football club is to win trophies.

If you put anything before that, including getting good value on every purchase, then you aren't an honest football club.
Sorry but this is extremely naive and overly simplistic. In 'real life', trophies are actually pretty much irrelevant for the vast majority of clubs, so it might be more wise to say that the primary sports-related* goal for any club is to exceed it's expectations of footballing success over the medium to long term (or at least something like that).

Why do I say 'exceed expectations' rather than 'win trophies'? Well, surely the sports-related target of the management should be to do better than expected, or maybe better than resources would suggest is possible. Hence if Man City win the PL this season and Luton finish 2nd, surely we'd all agree that Luton deserve more congratulations than Man City, they would have had more relative 'success' when you factor in the context. Well that's the way I see it anyway - you're welcome to disagree and say that you'd think City more deserving of praise in that scenario if you wish, that's your prerogative - but I suspect most would say Luton had been more successful there.

Why do I say 'medium to long term'? Well, any team with a bit of good form and/or good luck can have a good season or a good cup run - a bit like with investing, there will always be short-term ups and downs - but it doesn't really make sense to judge the management's overall tenure on a single season.

What's my point here? Well, Levy will be trying to balance financial success with footballing success. He may not always do it well, but that is surely what he will be trying to do. Hence, going back to the origin of this conversation, he will naturally want to get good value for money when buying players, as would any business buying any asset. Yes you might sometimes pay over the market price, but only if you were confident that the asset would have some attribute that you could exploit better than others, thereby still making it good value for you. If it was only about 'winning trophies' - i.e. if money was irrelevant - then yes he should spend £500m on the best player - but money isn't irrelevant, it is both relevant and finite, so Levy will do whatever he thinks right in terms of investing in the football side at a level he believes will also ultimately benefit the business side. Does he always get that right? Of course not, no one does - but that is what he will always be trying to do, and should be trying to do.

So for me, even we do buy a player for £150m, we should only be doing so if we consider that to be 'good value' for us.

Side-note:
* I say 'sports-related' as, whether you or other football romantics like it or not, football clubs are businesses, and for many of them, the owners if they are honest are more interested in growing the value of their asset than footballing success. Now of course the latter may assist the former, but that's not the point - the point is that owners might well consider asset value as more important than footballing success, and it would be wise for fans to remember that. This of course is the owners' right - contrary to what many fans seem to think, the owners by definition own the club as an asset, hence within reason and law, they can run it however they wish, focus on whatever they want etc. That is their right earned by achieving sufficient wealth to purchase the asset. If you have or save up enough money, you can do the same. ;)
 
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Think we'll get atleast 3 in.

Really going to depend on further outgoings thought. Dealing with it far too slowly.
I've always wondered if getting the new signings in would provide some kind of motivation for these unwanted players (and their agents) to find moves away. Unfortunately some seem happy to simply cash their pay cheques.

Is this particular to us, or are other clubs also constipated in their recruitment when having difficulty shifting deadwood?
 
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