Summer 2021 transfer window

[prawnking]

If we really are counting the pennies this season then the logic of spending big on Nelson and Fabio last season, as well as bringing in a manager who will need to rebuild Nuno's squad, is highly questionable

 

[Mel Evo]

Unlikely as it seemed a few months ago perhaps Mir is our most valuable asset that we would like to part with (whether that counts for much is a different matter) and he’s still playing in the Olympics. Could be delaying things with regards to a player and cash deal to a La Liga club? Valencia perhaps? Incredible that meaningful money for Mir is something plausible to type, and one of the more positive outcomes of the last season.

 

[Deano]

A lot of people buying into this UEFA FFP stuff are going to be really disappointed next summer. Seen a lot on Twitter who think that next Summer we will be able to go and spend big.

Fosun aren't going to do it.

 

[Jinky]

https://twitter.com/x/status/1422584902076280832

This bloke literally had about 20 followers yesterday. Makes up some random BS and a day later he’s nearly up to 1000 followers and Kenny is posting his stuff on here.

God bless Twitter.

 

[Kenny]

This bloke literally had about 20 followers yesterday. Makes up some random BS and a day later he’s nearly up to 1000 followers and Kenny is posting his stuff on here.

God bless Twitter.

oooh burn

Thought I would save you the job of posting random rumours followed by "a no from me"...

 

[broughtonwolf]

Maybe there is a plan, maybe its the calm before the storm of various incoming/outgoings.

But if between Fosun & Bruno they have had a reset, precisely now would be the time to reap the benefits of the Mendes / Gestifute relationship in terms of moving on and new players surely?

 

[PuntsWolf]

Spiers has been correct so far on our Summer strategy from the point everyone on here said it was bollocks

Well I said it was bollocks from a financial/FFP point of view, which it is. As you allude to below.

Are we that cash strapped, and if so why?

Truth will obviously be a bit clearer when the accounts come out. When is that?

They could sell the club tomorrow and get what they’ve invested and more back (if there was a buyer obviously). Best years in many of our lifetimes but sad that it’s just going to end up with us being Crystal Palace.

 

[thisisgil]

If we really are counting the pennies this season then the logic of spending big on Nelson and Fabio last season, as well as bringing in a manager who will need to rebuild Nuno's squad, is highly questionable

Three points here:

• I don't think they anticipated the impact of Covid at the time of Wolves signing Silva
• Silva has a five year deal, so afaik, the transfer fee is amortised across 5 years, meaning to break even on this transfer from an FFP perspective, we need to generate £7 million of sales per year. I'd imagine that Saiss would generate one year of this, Vinagre up to 2 years, even Otasowie is being valued at 'around £6 million' so that would almost cover off one year's worth too. So in the grand scheme of things, he's offsettable against jettisoning some of the deadwood.
• The most important thing for me is that the same person who brokered this transfer, also brought multiple superstars to the club at below market value. It cost us £89 million to sign Fabio, Neves, Jota, Neto and Ait Nouri. If you offset the money we made selling Jota to Liverpool, it cost us around £49 million to sign Silva, Neves, Neto and Ait Nouri. That's a good deal. So, when you think about in the context of No Silva = No Neves and No Neto then it's a pretty great deal. We're curently a mid table Premier team at best that punched above our weight for a season or two - we can't have our cake and eat it.

 

[thisisgil]

This bloke literally had about 20 followers yesterday. Makes up some random BS and a day later he’s nearly up to 1000 followers and Kenny is posting his stuff on here.

God bless Twitter.

But has he been invited to join the clique yet?

 

[Kenny]

we can't have our cake and eat it.

Whats the point of having cake then?

 

[Tony Towner]

• Silva has a five year deal, so afaik, the transfer fee is amortised across 5 years, meaning to break even on this transfer from an FFP perspective

Fabio was money up front that's why Porto sold him. Amortised for FFP, but not cash flow. Jota was the other way, little up front, payments spread across the length of his contract
The structure of those deals will be affecting us now imo.

 

[thisisgil]

Whats the point of having cake then?

Are you making the argument that if the signings of Neves and Neto were contingent on us doing an agent a favour and paying over the odds for an 18 year old a couple of seasons down the line, you'd rather not sign any of them?

 

[Kenny]

Are you making the argument that if the signings of Neves and Neto were contingent on us doing an agent a favour and paying over the odds for a 19 year old a couple of seasons down the line, you'd rather not sign any of them?

No, I am just making the argument if you buy a cake you are eating it. Nothing else, just hate food waste...

 

[thisisgil]

Fabio was money up front that's why Porto sold him. Amortised for FFP, but not cash flow. Jota was the other way, little up front, payments spread across the length of his contract
The structure of those deals will be affecting us now imo.

Yup that's the point I was making - I think that Fosun and/or the club have enough in the bank to eat the deficit on the Silva transfer for a couple of years (If we paid £35m for Silva and Liverpool had paid up £4m + £12m for Jota by May, then we're only negative on those deals by £19m in total and Silva is probably on a lower salary than Jota was). I'm primarily concerned about FFP as that is what came back to bite us on the arse.

 

[prawnking]

Three points here:

• I don't think they anticipated the impact of Covid at the time of Wolves signing Silva
• Silva has a five year deal, so afaik, the transfer fee is amortised across 5 years, meaning to break even on this transfer from an FFP perspective, we need to generate £7 million of sales per year. I'd imagine that Saiss would generate one year of this, Vinagre up to 2 years, even Otasowie is being valued at 'around £6 million' so that would almost cover off one year's worth too. So in the grand scheme of things, he's offsettable against jettisoning some of the deadwood.
• The most important thing for me is that the same person who brokered this transfer, also brought multiple superstars to the club at below market value. It cost us £89 million to sign Fabio, Neves, Jota, Neto and Ait Nouri. If you offset the money we made selling Jota to Liverpool, it cost us around £49 million to sign Silva, Neves, Neto and Ait Nouri. That's a good deal. So, when you think about in the context of No Silva = No Neves and No Neto then it's a pretty great deal. We're curently a mid table Premier team at best that punched above our weight for a season or two - we can't have our cake and eat it.

We'd been in a global lockdown for six months when we signed Fabio, so I'd have hoped that Fosun were very much considering the impact of Covid.

Regardless of whether Fabio is offsettable or a necessary Jorge favour, the bottom line is that he (and Nelson to an extent) are massive luxury signings for a club like us.

I also take issue with you throwing Fabio and Rayan into the 'multiple superstars' list... Have I gone to sleep and it's 2025 or something?

 

[Jinky]

oooh burn

Thought I would save you the job of posting random rumours followed by "a no from me"...

Can we have a fishing emoji added to the forum please? Asking for a friend…

 

[Kenny]

Can we have a fishing emoji added to the forum please? Asking for a friend…

Oh that was fishing attempt and not a burn attempt. Apologies, read your intentions completly wrong....consider me "hooked"

 

[thisisgil]

We'd been in a global lockdown for six months when we signed Fabio, so I'd have hoped that Fosun were very much considering the impact of Covid.

IIRC the popular opinion was that this would all be done and dusted midway through the 20/21 season after winter. Nobody at that time thought that this would be a prolonged affair or could have foreseen that it would mutate repeatedly - the multiple lockdowns in most developed countries are evidence of this - there is not even a single government that accurately predicted the full extent of the pandemic.

I'm sure had Fosun remembered to look at their magic crystal ball, they may have reconsidered some of last season's transfer activity, although I still believe they would have gone through with Fabio. That transfer is part of a bigger picture.

Regardless of whether Fabio is offsettable or a necessary Jorge favour, the bottom line is that he (and Nelson to an extent) are massive luxury signings for a club like us.

But signing Fabio is the reason that we were able to sign Neves and Neto - it's quite clear. We're in a partnership with Mendes, sometimes he does us a favour and sometimes we return the favour. The ultimate goal is that it's mutually beneficial and even after the signing of Silva is accounted for, I still believe it is. All of our Mendes transfers are inextricably linked - we can't just say yes to a few and no to others (well, obviously we could, but then we'd find our supply of cut-price world class players would dry up overnight).

I also take issue with you throwing Fabio and Rayan into the 'multiple superstars' list... Have I gone to sleep and it's 2025 or something?

Regardless of their current stature, neither of those players would have wanted to sign for us without the Mendes connection. A timeless club badge, being founder members of the football league, the pioneers of European football and the first club to win all four divisions are not typically things that represent a draw to international players

 

[The Saturday Boy]

Fabio was money up front that's why Porto sold him. Amortised for FFP, but not cash flow. Jota was the other way, little up front, payments spread across the length of his contract
The structure of those deals will be affecting us now imo.

Why? We don't operate financially on a day to day basis so how these deals were structured will have pretty much no impact on our medium to long term financial strategy which is what a solvent football club works to. Both those deals were more favourable to the buying club financially for sure but not to our detriment financially*

*this is not a comment on whether Jota was under valued or Fabio too expensive

 

[YoungWolf]

So it seems unlikely that we will spend a sizeable chunck of money on both centre backs and centre midfielder, who do we think are likely to be targets for us?

I still think we will end up loaning Florentino Luis, who I like the look of from what I've seen for Benfica and Portugal U21s, though it is only a small sample.

If we took him on a loan to buy type deal, I think I'd be OK with it if it allows us to focus our spending on the centre back, which I think is the most important position to get right. We've seen Guehi, Andersen, Kossounou, Ajer, Collins all move. All players we have either been linked with or are talented. So I'm scratching my head a bit to work out who we might want now.