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Whether it goes on at other clubs or not, it's not particularly pleasant. As Punts says, as long as we aren't doing anything illegally or corrupt I can about handle it.

I'd recommend reading Football Leaks for anyone who wants to learn more. Some crazy stuff really.
 
We overpaid his worth, the agents fees prove it. Depends on whether you want to look at it in isolation or not.
I don't think the high agent fees are relevant really in whether we overpaid or not. It Porto didn't want anything at all, but we couldn't do the transfer unless we paid 20 million to agents, would we have overpaid then? It's just an outlay to secure a player. It's a dirty world but agents are screwing clubs over all over the place, for me it's whether the outlay merits what you are getting. In this case I'm reserving judgment, as if he ends up being worth 70 million, it doesn't matter that of that initial 35, a high proportion went to agents.
 
Ahh this line again.

That’s now it works. I don’t pay double for a house in 1995 knowing that it doesn’t matter as it will be worth double what I paid again in 25 years time.

And the housing market is a lot more predictable than the developments of footballers…

We overpaid. Now as I said for the last year, we are either grossly incompetent (impossible), or there was something else to the transaction. Now that could be anything - Mendes carousel, getting Porto out of a hole for a future favour, payback for a previous favour, whatever. As long as we don’t get caught out (aren’t aren’t genuinely being corrupt) and as long as we benefit more than we lose then I can just about accept it.
In housing terms we’ve bought a ramshackle barn that needs a lot of labour to realise it’s potential. In due course said barn might be worth a huge amount of money, but we could find unexpected problems and run out of money, in which case we end up with something worth a lot less than we paid for it. Only time will tell.
 
That would be stupid. But that's not what they've done though is it? They're hoping he's going to be worth double what they paid. They aren't thinking we'll pay double what we're think he's worth and hope he appreciates up to what we actually paid in a few years time.

Agree it's a big risk, but until he realises whatever potential he has, you can't realistically say we've overpaid or not.
Well it is what they’ve done and I can say that they’ve overpaid. But I’ve said it all before. Just look up my posts on the search with the relevant key words in.
Oh great another debate about what Fabio is worth

Sorry I tried not to!
 
Well it is what they’ve done and I can say that they’ve overpaid. But I’ve said it all before. Just look up my posts on the search with the relevant key words in.


Sorry I tried not to!
Aye mate you can say that, clumsy wording from me. I don't even necessarily disagree, just the jury is still out for me. Agree it's a debate that's been done to death, so I'll leave it there.
 
Aye mate you can say that, clumsy wording from me. I don't even necessarily disagree, just the jury is still out for me. Agree it's a debate that's been done to death, so I'll leave it there.
The jury isn’t out. Even if he’s worth £70m (ignoring inflation) in 3 years we overpaid.

Same as if I paid £250k for a 4 bed detached in Perton in 1995 I overpaid. Even if it’s worth 450k now.
 
The jury isn’t out. Even if he’s worth £70m (ignoring inflation) in 3 years we overpaid.

Same as if I paid £250k for a 4 bed detached in Perton in 1995 I overpaid. Even if it’s worth 450k now.
For me, the jury is still out. Your housing analogy doesn't really work.

How much are the other houses worth in Perton in 1995? If if you paid 250k when everyone else was paying 100k, you clearly overpaid regardless of how much the house is worth now, that's obvious.

But how are you determining the market value of Fabio and therefore asserting we overpaid? There is only one Fabio, not a Fabio market. Therefore his potential comes into it, if he realises his potential and ends up becoming a world class player over 10 years for Wolves, 35m is nothing.
 
Who cares what his fee was? I don't remember Wolves knocking on my door asking me to personally help fund the deal.
 
I guess I just don't at all buy the theory that Fosun wouldn't invest to rectify it if they really did begin to feel that it was a bad purchase or investment. We've seen that they are willing to splash money on players (Adama, Silva, Semedo, Jiminez, Podence, Cutrone, and Neto have all had fees of roughly 15m or above), but also that they so in more sustainable ways, taking advantage of loans, deferred payments, etc.

I just don't see any evidence that suggests that if they swing and miss on those purchases that they're suddenly going to stop. If that were the case, we'd not have brought in Silva at all, having "wasted" nearly 20m just on Cutrone the year previous. Victims of the sunk-cost fallacy, they ain't.

Dunno, maybe I'm overly optimistic here.
 
Who cares what his fee was? I don't remember Wolves knocking on my door asking me to personally help fund the deal.
This is the most ridiculous of statements and I never get why people say it.

Football clubs all work to some form of budget and spending such a sum on a player impacts a significant amount of that budget which obviously in turn affects other business.

The notion that "it's not coming out of your bank why would you care" is hilariously stupid.
 
This is the most ridiculous of statements and I never get why people say it.

Football clubs all work to some form of budget and spending such a sum on a player impacts a significant amount of that budget which obviously in turn affects other business.

The notion that "it's not coming out of your bank why would you care" is hilariously stupid.
Equally stupid to expect an investment firm to not have contingency plans in place should something go awry with an asset.
 
Ahh this line again.

That’s now it works. I don’t pay double for a house in 1995 knowing that it doesn’t matter as it will be worth double what I paid again in 25 years time.

And the housing market is a lot more predictable than the developments of footballers…

We overpaid. Now as I said for the last year, we are either grossly incompetent (impossible), or there was something else to the transaction. Now that could be anything - Mendes carousel, getting Porto out of a hole for a future favour, payback for a previous favour, whatever. As long as we don’t get caught out (aren’t aren’t genuinely being corrupt) and as long as we benefit more than we lose then I can just about accept it.
Utd overpaid for Ronaldo at the time, yet 3 or 4 years later no one said that.
We paid money to get a player we wanted. Players are worth what a team will pay for him.
We believe Fabio will develop into a goal scorer.
We have the situation where Moxey and morgan were lambasted for refusing to pay money for a player who then developed.

Imagine, Arsenal / leicester/Man Utd buying Silva for £30m, seeing him score 20+ goals and get sold for €100m, you would be screaming the Chinese Mafia fucked us all over
 
I've got a lot more patience towards Fabio than most, but as it stands it's a bad deal. It's a crazy amount of money, we got very little return in year one and I'm not sure we'll get that much more in year two. United can afford to carry players for years and wait for them to come good, we can't at that price point.

It's all very well for the executive team to say he's one of the top players of his age group in the world (although Portugal don't pick him for their U21 team) but they also reckon we have millions of Mexican fans, I don't think they know what they're talking about.

If he's playing in a front two all this season then you'd want him to be pushing double figures, wouldn't you? I don't think anyone would put money on him actually doing that right now.
 
I reckon if he played about 2000 minutes next season he’d get around ten tbf

I doubt he will play that much, if he can get around what he did this season I’d be pretty happy, enough for him to keep developing
 
I’m not saying he won’t become a world beater.
But we’ve still overpaid…

I honestly don’t get how people think spending basically a clubs entire budget on a player with next to no first team experience is a “standard gamble”.

We spent £15m on Neto, but on his first appearance you saw he had something. Man Utd did the same for Ronaldo. They contributed to their teams straight away and didn’t look out of their depth.

Have we overpaid - Yes
Is that likely because of Mendes involvement - Yes
Can we still do well out the deal - Yes

A year on a people still think this deal is all above board. Baffling
 
I’m not saying he won’t become a world beater.
But we’ve still overpaid…

I honestly don’t get how people think spending basically a clubs entire budget on a player with next to no first team experience is a “standard gamble”.

We spent £15m on Neto, but on his first appearance you saw he had something. Man Utd did the same for Ronaldo. They contributed to their teams straight away and didn’t look out of their depth.

Have we overpaid - Yes
Is that likely because of Mendes involvement - Yes
Can we still do well out the deal - Yes

A year on a people still think this deal is all above board. Baffling
Just out of interest, at what price in your opinion wouldn't we have overpaid?
 
I’m not saying he won’t become a world beater.
But we’ve still overpaid…

I honestly don’t get how people think spending basically a clubs entire budget on a player with next to no first team experience is a “standard gamble”.

We spent £15m on Neto, but on his first appearance you saw he had something. Man Utd did the same for Ronaldo. They contributed to their teams straight away and didn’t look out of their depth.

Have we overpaid - Yes
Is that likely because of Mendes involvement - Yes
Can we still do well out the deal - Yes

A year on a people still think this deal is all above board. Baffling
Are you saying that if he bangs 20 goals a season in during his 3, 4 and 5 season we still overpaid?
 
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