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Transfers The Summer Transfer Edging Thread 2025

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Kane will be back next summer, I feel it in my bones.
His contract is until 2027 and Bayern will not want to let him go on a free. (yes, they may offer contract extension)
He will be 33 at start of next season and time will be running out to take Shearers' record.

Imo Kane is not coming back to Spurs while Levy is still here......he can't forgive being denied that move to Man City
 
Let's be honest. Levy has had a legendary window.

The detractors must no apologise.
I believe I have been balanced about Levy. But I apologise for saying he could not close a deal.
I have written to the club leadership team to reassert my support for them.
 
Seen a fair bit of him tbf as do like watching Bundesliga. Yeah legs have started to go but he's never been a player about pace. He had lost a yard or two last year with us also.

He will always have a fantastic football brain, be a lethal finisher and superb technique. Genuinely think if he comes back to the prem he will be a 20 a season player for as long as he wants to be

Yep. I was at the Bayern friendly and him and Olise were the stand out players. Head and shoulders above everyone else on the pitch. Harry didn’t have to do much running to be fair. He’d be a huge asset to us if he came back. Still has his box at the ground.
 
Yeah I can’t get why he’d swap their bench for ours. I’d be surprised if it happens. Are I can see. Him not so much.
Us: Here’s £15M for Akanji.
City; He doesn’t want to sit on your bench.
Us: OK. Same offer for Ake.
City: Doesn’t want your bench either.
Us: OK. Well, since you need to trim your squad, why don’t you find a player that is willing to make the move and we’ll negotiate a price.
:franklol:
 
It really seems as if Levy has a cap of £60m in the market, maybe that’s enforced by the loans on the stadium. There was talk of covenants on spending.

Would those covenants only be about transfer fees?

Because we just made a HUGE commitment financially on Simons when you include his wages for 7 years. Maybe because the yearly wage bill is still low, the amortization of 60m still sits comfortably within the covenant on annual loan payments?
 
Would those covenants only be about transfer fees?

Because we just made a HUGE commitment financially on Simons when you include his wages for 7 years. Maybe because the yearly wage bill is still low, the amortization of 60m still sits comfortably within the covenant on annual loan payments?

It will come out after the window that ENIC have finally put the rest of the drawn down money in I suspect. About £135 million. Enough to put the down payment on a few decent players.
 
They’ve been chasing him since he was about 10 years old…

They were ahead until he clocked they didn’t actually want to pay him market rates on wages. They strung him along all summer hoping that all his other options would sign a 10 and he’d only have them left.

Just say thank you to the fat Greek heroin dealer and Mr 1 in 5 Eze the gooner snake
Wait , so we got him as we could pay more wages than the chavs? :frankwtf:
 
It really seems as if Levy has a cap of £60m in the market, maybe that’s enforced by the loans on the stadium. There was talk of covenants on spending.
I haven’t seen the debt covenants, but that seems like it would a strange one. I’m not sure that the covenants would let them run around and sign 25 players at £50m and not ten at £100. I would expect that the debt covenants are written with a total value at some level. Usually (and things could be different!), these are in place for a certain level of interest rate coverage, or a percentage of debt to their EBITDA, or things like that. It’s all to protect the lenders and reduce their risk, which is why that total level matters a lot.

From the club point of view, there’s almost no way that the board and Levy would enter into this kind of agreement. The truth is, that kind of clause, where you limit the price you could pay for a player, would hamstring the club considerably. If it existed, and became public, you’d be completely shafted if other clubs were targeting the same players. I also don’t think that the club was that desperate or in such a terrible position to refinance their debts.

There was a time during Covid where the debt was renegotiated and locked in. I’m going by memory, but I think it was around 1.75%. Whatever the rate was at that time, it was a stroke of financial genius by Levy and the board. It gave them cost certainty (I feel like those terms were locked in to 2030 or longer), at the lowest interest rates we’ve seen. We all know there are a lot of reasons to dislike Levy and the board. But their financial dealings (in this aspect) are excellent.

TLDR; I don’t think that there is a debt covenant regarding individual player purchases. Also, I’m a nerd and find these things very interesting.
 
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