January 2022 Transfer Thread

[Deutsch Wolf]

Never comfortable with the "sell your best player every year" strategy because it can go so badly wrong.

When we sold Robbie Keane - worked out well as most or all of those signings in 1999/2000 paid off, unlucky not to make top six (and we weren't top six WITH Keane)
When we sold Ade Akinbiyi - nearly all of the signings flopped so we were awful, had lost all our goals and nearly went down

Southampton have gone on a similar journey in more recent times, sometimes they've got it right, other times they've spent big on the likes of Carillo, Osvaldo, Djenepo, Boufal, Adam Armstrong etc and it gets perilous.

Plus we all want to see good players at Wolves, the best we can realistically get, that's the major boon of being in the Premier League to start with being as at the beginning of every campaign we are 5,000/1 to win the whole thing.

I want us to keep Neves and add to him, we can't realistically replace him properly for less than we sell him for, won't happen, he's too good for that.

 

[Paddingtonwolf]

Oh, of course that is the case Del. You do have the amortisation bills for the remainder of the contracts to take into account. I'm just talking about creating immediate wiggle room to do a squad revamp, if that makes sense.

To follow up on this, Amortisation fees on Fabio Silva are £7m a season by my calculations. Probably not far short of that for Nelson Semedo.

 

[Deutsch Wolf]

To follow up on this, Amortisation fees on Fabio Silva are £7m a season by my calculations. Probably not far short of that for Nelson Semedo.

Semedo is an odd one. For some reason we gave him a three year deal with a two year option. Suggesting we want to front load the amortisation for reasons best known to the club. We won't know for sure though until the 2020/21 accounts come out.

 

[Carsy]

Semedo is an odd one. For some reason we gave him a three year deal with a two year option. Suggesting we want to front load the amortisation for reasons best known to the club. We won't know for sure though until the 2020/21 accounts come out.

Do we know what happens if we take
Up the option? Does the amortisation then split over 2 additional years or is it all counted for before the additional years?

 

[Paddingtonwolf]

So if we engage the option we have already booked £21m of amortisation and then only book £3.5m per season for the final two seasons. That's a bit bloody odd frankly. And if we don't engage the option its an immediate £7m hit. Yep, it's a strange one.

 

[Deutsch Wolf]

Do we know what happens if we take
Up the option? Does the amortisation then split over 2 additional years or is it all counted for before the additional years?

I think we have to book it for now as if he's leaving in 2023 (even though we know he won't).

I don't get why we've done that tbh.

 

[AndyWolves]

Giles to Blackburn done - someone else may have said this too?

Good to see Giles and Sanderson move up the quality of clubs they're at

 

[Carsy]

I think we have to book it for now as if he's leaving in 2023 (even though we know he won't).

I don't get why we've done that tbh.

Maybe 2023 is the year of the big push in the transfer market and they want full amortisation capabilities

 

[Paddingtonwolf]

This summer would be the one as you have the full Adama money if Barcelona do the deal I guess. I doubt this will happen. I think Adama will go but my feeling is that it is unlikely that it will create a massive splurge.

 

[Deutsch Wolf]

Giles to Blackburn done - someone else may have said this too?

Good to see Giles and Sanderson move up the quality of clubs they're at

Only good if they don't see a decline in the amount of gametime they're getting. Sanderson came on with 25 to go on Saturday. I'd rather he be getting 90 minutes a week at Blues than being in and out of the team at QPR*, even if they are a better team.



*Hopefully he can earn a place in his own right but they're flying right now and I wouldn't think they're mad keen to start messing around with the team

 

[MARKakaJIM]

Accounts =/= cashflow though.

The world of football accounting and amortisation makes the summer of 2020 look rosy, £40m or so income and less than half of that out, brilliant. In the real world of cash though it was a measly £4m up front for Jota and you can guarantee a damn sight more went out the door on the other two. Suddenly a very different picture.

 

[Wilf Wolf]

Let's say we sell a player for £80 million and sign 2 for £40 million, would you not say the squad would stronger, if it money was spent wisely?

The flaw in this is how did you attract £40m players? They are probably looking at joining teams in the Champions League or teams that will pay a lot more than we will.

 

[AndyWolves]

Only good if they don't see a decline in the amount of gametime they're getting. Sanderson came on with 25 to go on Saturday. I'd rather he be getting 90 minutes a week at Blues than being in and out of the team at QPR*, even if they are a better team.



*Hopefully he can earn a place in his own right but they're flying right now and I wouldn't think they're mad keen to start messing around with the team

We know they're both good enough for the levels they were at. If they ever want to play PL football they need to be forcing their way in.

Its the next test in their development.

 

[Dinowolf]

'So we're left with one space left to find a player (assuming Giles goes), which will probably be a young name until one of Neto, Jonny or Boly are fit and able to return.'

Jinksy, have you forgotten MGW?

 

[Deutsch Wolf]

We haven't recalled MGW, he's been getting treatment here but his loan with Sheff Utd is still active.

 

[Carsy]

Accounts =/= cashflow though.

The world of football accounting and amortisation makes the summer of 2020 look rosy, £40m or so income and less than half of that out, brilliant. In the real world of cash though it was a measly £4m up front for Jota and you can guarantee a damn sight more went out the door on the other two. Suddenly a very different picture.

Does amortisation not work both ways? So 40M In but will show a % over the term of the contract, so the same as buying?

 

[Paddingtonwolf]

No.

You sell a player the entire up front fee is booked. There is no amortisation, and the outstanding years of their contract kick in for amortisation purposes.

 

[Deutsch Wolf]

Does amortisation not work both ways? So 40M In but will show a % over the term of the contract, so the same as buying?

Sales go straight on the P&L in full*, regardless of how the new club structures the payments in real life.



*Less any amortisation left over. Nothing for Doherty (the full £15m goes on the books, irrelevant whether we shovelled a load towards Mendes for this purpose), probably two years of Jota, around £9m or so. So £36m-ish of "profit" on him booked in.

 

[Carsy]

Sales go straight on the P&L in full*, regardless of how the new club structures the payments in real life.



*Less any amortisation left over. Nothing for Doherty (the full £15m goes on the books, irrelevant whether we shovelled a load towards Mendes for this purpose), probably two years of Jota, around £9m or so. So £36m-ish of "profit" on him booked in.

I see. Seems an odd way for it to work but I bow to your greater knowledge on the matter

 

[MARKakaJIM]

I see. Seems an odd way for it to work but I bow to your greater knowledge on the matter

Just a way for clubs to spend more money without falling foul of FFP.