The Fighting Cock is a forum for fans of Tottenham Hotspur Football Club. Here you can discuss Spurs latest matches, our squad, tactics and any transfer news surrounding the club. Registration gives you access to all our forums (including 'Off Topic' discussion) and removes most of the adverts (you can remove them all via an account upgrade). You're here now, you might as well...
Agree with PSR but is that correct on accounting treatment?From an accounting perspective and for PSR purposes they count as revenue right away, i.e. when the contract is signed.
That's what I remember hearing, but I could be wrong.
On the books he is about 20m . Sure we will take anything approaching 40m .IMO we need to hear of a few outgoings sometime soon - ideal might be Richarlison to Fluminense or Palmeiras or one of other Brazilian sides who got more cash than expected at Club World Cup but not too many other Brazilians available. Rumours of 55m would be ideal, but not sure how realistic that might be
If not Brazil if a few saudi sides interested - but he turned down the Saudi idea last summer.
If they don’t it’s just a fine. Repeat offenders might get booted out eventually but fines are not going to bother the likes of Chelsea.Half the PL has also qualified for europe so needs to comply with uefa rules
If they don’t it’s just a fine. Repeat offenders might get booted out eventually but fines are not going to bother the likes of Chelsea.
I really hope you're not right about us only signing one first team player.We only went for MGW because Levy thought he was getting a deal. Now that the minmum fee release clause doesn't mean anything because MGW has not done anything to enforce it the deal is dead. Kudus is probably the only first team signing this window because we were 17th only becuse of Ange is what Levy thinks.
He isn't. We signed Tel.I really hope you're not right about us only signing one first team player.
I think you are. I also think that even for PSR, it only counts 100% upfront if the player is home grown
If he does I'm betting big on Yates crocking him


Ya starting to look that way. Think he plays today and goes abroad with them MondayThe silence has me fearful that MGW might sign a new contract, in order to get his agent out of breach of the NDA (which spurs are not a party to) between the player and NF.
I think if this impasse is to be resolved MGW needs to push his desire for an exit.
Ok. This is an area i know, so for basicsI think you are. I also think that even for PSR, it only counts 100% upfront if the player is home grown
PSR is irrelevant for us anyway. Dianne Abbott could keep us compliant
On the books he is about 20m . Sure we will take anything approaching 40m .
Yes
This is a really good summary.Ok. This is an area i know, so for basics
For costs of players in squad ratio you include
Players salary
Amortization of players contract (so if you have a player you buy for 60m over 5 years, 12m per year goes against PSR/SCR if player still with you)
Agents fees
For revenue you include pure revenue
So match income, TV income, other commercial revenue etc.
Profit and loss on disposal of assets (so the fee you receive for the sale less the net book value of the player, which is original purchase value less already amortized value, which means academy players don’t have a NBV so no deduction)
Costs as a ratio of revenue (with target of 70% sliding down)
However it is the last bit, profit on disposal of player which is causing the issue with us implementing it, along with pushback from PFA who are calling it a wage cap)
For UEFA calculations of SCR all costs and revenue are for 1 year, with exception of profit or loss on disposal of players which UEFA state you take the average of the previous 3 years (PL want it on season by season basis)
I vowed to myself that I wouldn't come on to this thread until there was definite news, one way or the other.
Just couldn't resist a peek, but I'm going to try to keep to it from tomorrow.