Again, the press leads with the fees rather than the wages. Whilst in Chav's case there is relevance regarding the fee as they need to pull out of the hat at least £200m to come under PSR, the players listed do NOT enable them to achieve this because despite amortisation on the balance sheet they spunked millions on these players to buy them in the first place. e.g They paid £100m for Lukaku in '21, he signed a 5yr contract, therefore, his book value after depreciation is currently £60m!!!!! Anything less than £60m is a balance sheet LOSS, if they achieve to sell him for £61m they make £1m profit, so only another £199m to find. The ONLY players they can sell to achieve a £200m profit are their academy players as they stand in at zero on the balance sheet, therefore every £1 is recorded as profit.
But who is going to pay these players their wages, what club can afford to do this?
Sterling is on £325k per WEEK!!! They paid £63m for him, his book value after amortisation is £50.4m, and selling him for £50m is a £400k LOSS!!
Lukaku is on £325 per WEEK!!! They paid £100m for him, his book value after amortisation is £60m, selling him for £37m is a £23m LOSS!!
Kepa is on £155k per WEEK!! They paid £72m for him, his book value after amortisation is £10.3m
Cucurella is on £175k per WEEK - They paid £72m for him, his book value after amortisation is £60m, and selling him for £12m is a LOSS of £48m
Ziyech is on £100k per WEEK!! They paid £34m for him, his book value after amortisation is £7m, selling him for £10m means they make a book profit of £3m!!!!
So, just using the example above and assuming that the players are sold for those figures and someone is prepared to at least match their wages Chavs make a £45m LOSS
ONLY, when adding the Academy players into the mix do the sales start to make a dent,
Gallagher is on £50k per week - easily worth this at any PL club. £50m (this is a lot but??) is pure profit.
Maatsen is on £20k per week - easily affordable by any PL Club £35m (loooool) is pure profit
Hall is on £7k per week - £27m (loooool) is pure profit
Broja is on £40k per week - this will limit who buys him - £13m is pure profit
Chalobah is on £50k per week - this will limit who buys - £13m is pure profit
So, when you factor in the academy players only then a dent is made is achieving the sales they need but even if they sold all of those players for the fees specified in that article they still need more sales to find the shortfall of £107m!!!! (Total sales above generate £93m of profit).
Good post and this is before you take into account will clubs be willing to help them out before the deadline? I don't think so. Take Gallagher for example, Chelsea want £50m for him and we know Levy is looking at that deal, they have until the end of June to get that for him but there's no way Levy is offering anywhere near that, the price will be dictated on his terms and not theirs...now you go through every academy player Chelsea have and teams are going to wait until the last minute in June deadline, now work out the same maths for every other club who's interested in their players, they're basically fucked.
I think Hall is the only one accounted for, there's an obligation to buy for Newcastle for £27m, that's it. Maatsen is on loan only to Dortmund, never in million years are they dropping £35m on him, same for Broja to Fulham etc...everyone's going to be looking at what asset they can take from them and what they can pick up on a cheap.
At this point they might as well accept the breach because I'm pretty sure the value of the players may increase a little after the 30th June deadline, in that position at least they'll have a bit more time to sell their assets and tip the market back in their favour.
I don't know how they get out of this but maybe Todd has a plan up his sleeve, unless he's persuaded the Saudi clubs to help them out in the Summer and a load of players are happy to move over there, TBH it wouldn't entirely surprise me to see players like Chalobah transfer to Al Hilal for like £70m on a one year loan and they just rip up the contract in 12 months time or something like that, Chelsea's former Sporting Dir Michael Emenalo is the President of the Saudi league so I wouldn't put it pas them to cook a plan up... interesting times nonetheless.
Edit - Also it came out the other day that Mason Mount moved to Utd for non footballing reasons and we know why...it's because that deal was done in the 22/23 season and shows on the previous season's balance sheet, not this season - they essentially kicked him out because they were near to breaching last season, mental.