What are they going to do sack him?
It's not a principle thing, it's a legal thing. We aren't allowed to conduct a medical with him unless he's got permission to do so. It's not just a thing from Bilbao's point of view.
Ander Herrera is a Manchester United Player!
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It's not a principle thing, it's a legal thing. We aren't allowed to conduct a medical with him unless he's got permission to do so. It's not just a thing from Bilbao's point of view.
In essence it is very simple. Of course like most things there are technicalities but they are being sorted out as we speak.
Which is why I said I couldn't understand why these buy-out clauses had to be so complicated, instead of simply being: You bid a set amount of money and we have to accept.
Another one! FFS!
Buyout Clause, not release.
That's funny, the article that jojojo posted explains that the LFP decides the clause is to be interpreted as a release clause as under the Fifa guidelines.
In a normal case I would agree but because of how the transfer is happening (contract buy out) I don't think it's entirely necessary for him to obtain Bilbao's permission on this. Maybe you disagree with the ethics of it but that is subjective.
If there was anything they (Bilbao) could do to slow it down I'm sure they would try.
My guess is that the buy out clauses are complicated by design... Its just a cash grab and everyone wants a cut of the action at the end of the day.
Club probably were not aware of the sell on clause to Zaragoza.
Bilbao coming out saying the "offer" was rejected to put United in an embarrassing situation. Maybe getting back at last summers shambles.
Delaying the inevitable really.
Bilbao coming out saying the "offer" was rejected to put United in an embarrassing situation. Maybe getting back at last summers shambles.
Delaying the inevitable really.
No they didn't. They employed lawyers and still couldn't come up with a guaranteed 0% no risk answer. However, they have not paid additional tax and nor as Martinez.
Ah I give up!
All that matters is, the one who has had the story from the start is saying the deal will be sorted in a few hours.
Nothing to do with that, it's a legal technicality that will be sorted in the coming hours.
I think @jojojo highlighted some of the challenges. As I understand it, the Spanish rule on buy-outs is ambiguous as to procedure. Someone has to buy-out the contract. Presumably if United transfer the funds to the LFP then Herrera can't be on the hook for taxes associated with the buy-out amount.
If, however, United proves Herrara with the funds-well the amount provided by United to Herrara could be considered taxable income-and Herrara would have to pay taxes on that amount.
Given tax rates-the tax liability on €36M is considerable. Not sure this is the issue-but could be a potential sticking point.
Fixed.
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They're actually remarkably simple. It's just like most contract terms that look simple, when you look at them again it probably would have been simpler and safer to write something more complicated but specific, in the first place.
It's €36 million euro. With added tax it comes to £40 Million pound.
Cadena SER are reporting that the complications will be resolved in the coming hours.
hopefully, really want him to sign.
but im just been pragmatic at the moment, espically after how long it took bayern to do something similar then what where trying to do, though laws seems to have changed since then, and depending on which article you read it is either much easyer or a lot more difficult now to do the same
Good
Oops. Thanks-typo on my part. Meant to write €36M.
How can they possibly know that? It's either a complication or it's just arsing about until tea. If it's the former, anyone who has a time scale on when it'd be sorted is surely just plucking from the air
V poor and embarrassing again why do City Chelsea etc not have these issues?
Seems to me that Woodward is out of his depth and either needs help or needs to go.
Seems to me that Woodward is out of his depth and either needs help or needs to go.
It's a pain in the arse typing €
so how did the deal go through? wasnt the buy out cluase around 30 mil and they ended up paying round 40??
and what do you mean by 0% rsk answer??
these kind of deals seem to get more and more complicated.
Alt + 2 guys
Alt + F4 isn't it ?
I'm on a Mac bro.
Just with everything was in $. Would make things much easier
Ah I give up!
All that matters is, the one who has had the story from the start is saying the deal will be sorted in a few hours.
Buyout/release - you've got your point across fine. And you're right, this is effectively a compensation payment for unilateral termination of the contract. FIFA has a regulation for it and the LFP accepts that it's an alternative interpretation/clarification of its own rule.
That explains it.
So, what has happened now ?? The last I checked, Herrera was at Carrington, being shown around and about to sign the deal.
Bilbao rejected the direct bid for Herrera, so we have to pay the buyout clause directly to the Spanish League. Which may take a few days.
Waiting for the next development will be tedious now, I really hope that this deal doesn't fall on it's arse. It doesn't help that there's a bunch of sources reporting different potential scenarios, just like this thread at the minute.
Just get it done Woody.
Just get it done Woody.
I like to think of them as Athletic Dildao.
Read through the thread. Bayern had same issues with Martinez.
Also important that the actual bid was made days ago.
Couldn't be arsed if we miss out on Herrera, he is definitely not worth 40m euro's.
Sport witness says:
Looked into the tax issue with buyout clauses again recently because there's always different answers and claims. This time it was Felipe
and the potential move to Chelsea, paying a clause. The tax rates then were Madrid specific but can't see it being much different in Bilbao.
A club has to persuade the tax authorities that the money given to a player isn't income because he pays the exact same out = no tax.
If they can't do that then the player is seen as a 'carrier' of the money, an agent if you like. Tax = 7%.
In worst scenario, and probably not realistic with the advice clubs get these days, the amount could be seen as normal income. Tax = 50%+
Quite sure Manchester United will know what they're doing with that and it won't stop a deal happening.
Looked into the tax issue with buyout clauses again recently because there's always different answers and claims. This time it was Felipe
and the potential move to Chelsea, paying a clause. The tax rates then were Madrid specific but can't see it being much different in Bilbao.
A club has to persuade the tax authorities that the money given to a player isn't income because he pays the exact same out = no tax.
If they can't do that then the player is seen as a 'carrier' of the money, an agent if you like. Tax = 7%.
In worst scenario, and probably not realistic with the advice clubs get these days, the amount could be seen as normal income. Tax = 50%+
Quite sure Manchester United will know what they're doing with that and it won't stop a deal happening.
well they don't have to sell all their players silly!
Has anyone explained why Bilbao are able to reject a release clause?
lolz....
lolz....
Awesome.
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