• 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...

    Get involved!

Transfers The Summer Transfer Edging Thread 2025

Latest Spurs videos from Sky Sports

_mehstg said:
They have benefited hugely from the PL allowing multi year amortisation (that loop hole is now closed)... but they were still able to sign ~20 odd players on 8 year deals with their transfer fee spread over 8 years. When those players are sold, and some already have then they benefit from putting the whole transfer in the current year. This is kicking the can down the road because you end up counting player costs who are not even at the club (think NFL salary cap problem... they call it dead money). Take Mudryk... he was signed in Jan-23 on an 8.5 year contract for £62m. His transfer fee is on their books at £7.3m every accounting year until 2031/32. Multiply that a few times and you can see their problem. They probably have 50-60m in transfer fees for players on their books every season. But the trick is to keep selling them even if you make a loss which they are likely to do on some of these players even in an inflated market. If they sell Mudryk this summer for 20m then that whole amount will count in their 2025/26 accounts. If every club made a pact not to buy from them they would need to come up with another loophole.
Click to expand...
Click to shrink...
Sorry you misunderstand totally the accounting.

Yes they benefitted by placing players on long term contracts, but if they sell the player, the remaining balance of that player in their books gets written off at time of sale, and the nett (of sale proceeds less book value) is shown as the profit/loss on disposal of asset.

You do NOT under any circumstances continue amortizing an asset after you have disposed of it.
 
Richard Arlison said:
Think he lights the league up sadly
Click to expand...
Click to shrink...
I just see a YouTuber that got lucky. Granted I've probably only seen half a dozen games that he has played in but he just doesn't strike me as someone who is going to tear up the PL. But then I've been wrong so many times with players I thought would be great and they bombed (Darwin Nunez) and players I thought would be terrible and they've been outstanding (Ricardo Carvalho springs to mind)
 
Trotter said:
Sorry you misunderstand totally the accounting.

Yes they benefitted by placing players on long term contracts, but if they sell the player, the remaining balance of that player in their books gets written off at time of sale, and the nett is shown as the profit/loss on disposal of asset.

You do NOT under any circumstances continue amortizing an asset after you have disposed of it.
Click to expand...
Click to shrink...
Are you sure? In normal accounting you are right, but for FFP I think you'll find they can continue to spread costs. Similar to the NFL. Every team, every season has what they call dead cap. Salaries of players who are no longer on the team. It's nothing to do with accounting, balance sheets etc. it's the NFL's way of ensuring teams comply to a salary cap. I don't think this is any different. I guarantee either this season or next season, teams will sign players on 5 year deals with void years attached to spread salary costs.
 
Jaynola said:
Pal, save yourself the trouble, hit the magic button.

I'm all for differences of opinion, healthy debate etc etc, but how Fixy/Shady/Sud/LP & their sorry cohort of Levybots can still get traction, I'm stunned.
Click to expand...
Click to shrink...
You funny.
You literally can't handle people who don't agree with your ..ahem.. opinion.
Opinion you repeat (like your fellow ant-Enic cult members) ad nauseam every flipping day, 10 times a day.
In the flipping transfer thread.
 
Tottenham 'enter race for Rodrygo' but want Real Madrid to 'reduce £78m asking price'

Oh well, you have to pay serious fees for serious players, first bid of £50m spread over 10 years or something likely. I thought with the stadium money apparently coming in, maybe, but ENIC is as ENIC does I'm afraid.
 
_mehstg said:
Are you sure? In normal accounting you are right, but for FFP I think you'll find they can continue to spread costs. Similar to the NFL. Every team, every season has what they call dead cap. Salaries of players who are no longer on the team. It's nothing to do with accounting, balance sheets etc. it's the NFL's way of ensuring teams comply to a salary cap. I don't think this is any different. I guarantee either this season or next season, teams will sign players on 5 year deals with void years attached to spread salary costs.
Click to expand...
Click to shrink...
Yes I am totally sure.
Their accounts which must be compliant to local law ensures that, and to be honest you can see in any clubs accounts you write off the asset at same time, and it has never been the case,and what you are suggesting has ever happened anywhere, and I wouldn’t be surprised if your understanding of what happens in NFL is incorrect also

You cannot include any costs for players that are no longer at your club, because basically you don’t have any costs. (Unless very very occasionally a club might supplement a former players wages, directly to his new club).

The only adjustments between PSR and accounts is that you can add back costs for women’s team, stadium/infrastructure costs (including depreciation), academy and some back office costs to reduce your cost base for PSR calculations.

Even Chelsea and their 8 year contracts, they had to be restated to 5 for amortizing. The only reason Chelsea are compliant is by “selling assets the club owned to themselves, but a company outside of the group that is not subject to PSR”, nothing to do with 8 year contracts, and even then that’s only for Premier League purposes, UEFA rejected that and found them non-compliant.
 
Last edited:
01 Vicario
02 Kinsky
03 Porro
04 Udogie
05 Romero
06 van de Ven
07 Palhinha
08 Bentancur
09 Bergvall
10 Sarr
11 Kulusevski
12 Kudos
13 Odobert
14 Tel
15 Muani
16 Spence
17 Danso
18 Robinson
19 Maddison
20 Johnson
21 Solanke
22 Austin
23 Vuskovic
24 Donley
25 Lankshear
 
Last edited:
Don Pedro said:
Rodrygo is never happening. We won't pay his wages and he wouldn't come here even if we did. PSG, Liverpool, City and Woolwich are all in for him and why the fuck would he choose us over any of them?

Lets not go down this rabbit hole. You are better than this. Don't do it to yourself!
Click to expand...
Click to shrink...
Agreed. Players like this go to elite clubs. We are not an elite club.

Levy can get the media team to post as many staged interviews of him talking about how much he wants us to win silverware as he wants. But we all know that his goal is for us to be in and around the Top 4 and the money/exposure being in the Champions League brings.

If he actually wanted us to win silverware, we'd have signed several top quality players this transfer window and axed half the squad.

The sooner people accept that we're B-list, the better.
 
The Mercurial No.10 said:
Tottenham 'enter race for Rodrygo' but want Real Madrid to 'reduce £78m asking price'

Oh well, you have to pay serious fees for serious players, first bid of £50m spread over 10 years or something likely. I thought with the stadium money apparently coming in, maybe, but ENIC is as ENIC does I'm afraid.
Click to expand...
Click to shrink...
The little one probably want them to reduce the asking price to 30m or Bissouma + 5m
 
Trotter said:
Yes I am totally sure.
Their accounts which must be compliant to local law ensures that, and to be honest you can see in any clubs accounts you write off the asset at same time, and it has never been the case,and what you are suggesting has ever happened anywhere, and I wouldn’t be surprised if your understanding of what happens in NFL is incorrect also

You cannot include any costs for players that are no longer at your club, because basically you don’t have any costs. (Unless very very occasionally a club might supplement a former players wages, directly to his new club).

The only adjustments between PSR and accounts is that you can add back costs for women’s team, stadium/infrastructure costs (including depreciation), academy and some back office costs to reduce your cost base for PSR calculations.

Even Chelsea and their 8 year contracts, they had to be restated to 5. The only reason Chelsea are compliant is by “selling assets the club owned to themselves”, nothing to do with & year contracts.
Click to expand...
Click to shrink...
Sorry I disagree with your assertion that I don't understand how these things work. Accounting for legal purposes because your a PLC and accounting for PSR are two totally different things.

I've forgotten more about the NFL they you probably know. The salary cap is a tool to ensure fairness. It's nothing to do with P&L, accounts, financial statements etc. (similar to PSR). EVERY season, EVERY team has dead cap. Money they have to include in their salary cap for players who are no longer at the club. Go look it up.

Finally, ask yourself, why would any club put a player on 8, 9, 10 year contract if it wasn't benefiting them somehow...
 
yes said:
Agreed. Players like this go to elite clubs. We are not an elite club.

Levy can get the media team to post as many staged interviews of him talking about how much he wants us to win silverware as he wants. But we all know that his goal is for us to be in and around the Top 4 and the money/exposure being in the Champions League brings.

If he actually wanted us to win silverware, we'd have signed several top quality players this transfer window and axed half the squad.

The sooner people accept that we're B-list, the better.
Click to expand...
Click to shrink...
But with the riches on offer for the club world cup he is going to need to find a way to get into that... the easiest way for us to do that is consistently reaching the later stages of the Champions League.
 
The Mercurial No.10 said:
Tottenham 'enter race for Rodrygo' but want Real Madrid to 'reduce £78m asking price'

Oh well, you have to pay serious fees for serious players, first bid of £50m spread over 10 years or something likely. I thought with the stadium money apparently coming in, maybe, but ENIC is as ENIC does I'm afraid.
Click to expand...
Click to shrink...
We don’t want to be putting in a bid that might get accepted , after all we don’t want to be unplugging the fax machine again
 
5purs said:
A few spots free to tide us over until the winter....


Champions LeaguePremier League
01 Vicario01 Vicario
02 Porro02 Kinsky
03 Udogie03 Porro
04 Romero04 Udogie
05 van de Ven05 Romero
06 Vuskovic06 van de Ven
0707 Dragusin
08 Bentancur08
09 Bergvall09 Bemtancur
10 Sarr10 Sarr
11 Kudos11 Kudus
12 Son12 Kulusevski
13 Tel13 Son
14 Richarlison14 Richalrison
1515
16 Spence16
17 Danso17
18 Gibbs-White01 Spence
19 Maddison02 Davies
20 Johnson03 Danso
21 Solanke04 Gibbs-White
22 Austin05 Maddison
06 Johnson
07 Solanke
08 Austin
01 Vuskovic
02 Takai
03 Grey
04 Bergvall
05 Donley
06 Odobert
07 Tel
08 Moore
09 Yang
10 Lankshear
Click to expand...
Click to shrink...
Only if you do what you have done and not include Kinsky, Phillips, Dragusin, Takai, Kulusevski, Davies, Gray and Odobert from the European squad.
 
You must log in or register to reply here.
Back
Top