[K2K]

That's not what it looks like from the reports.

http://www.telegraph.co.uk/football...rite-off-67m-asset-bastian-schweinsteiger-in/


A loss of value but not an actual expense to buy Schweinsteiger out of his contract. I don't see anything here to indicate that he wouldn't be able to play for the first team anymore.

You don't just put stuff on financial statements.

That statement is as conclusive as we can state right now that he won't play for us ever again.

 

[tekkers3]

I have some level of accounting knowledge and this is a just write down of Bastian's contract value as the club has basically said he could leave for free but he has chosen to stay.
Link to financials --> http://ir.manutd.com/~/media/Files/...cument/mu-plc-earnings-release-q4-fy-2016.pdf

When a player is bought, the costs associated with the player are totalled up and then categorised as an asset - labelled player's registrations. These are then amortised (written down) over the length of the player's contract. For Bastian, he was bought for about $10mil and his contract was for 3 years, thats $3.33mil each season.

Because Bastian could be sold for free (at any point), he has no value as an asset. So the last two years of his contract could be sold at any time for nothing in return. The write down is more about the value of the registration than his value on the field.

However, the fact that the note says it is because he is no longer considered part of the first team is not promising for his on field status. However there is probably something internal that means they can only have 23-26 players in the "first team squad" and he is not included in that. Being registered is purely a requirement.

 

[Drifter]

Munich knew what they were doing when they sold him. He's past his best and struggled to get fit. Hope he finds somwhere in the winter Transfer window

 

[Ainu]

You don't just put stuff on financial statements.

That statement is as conclusive as we can state right now that he won't play for us ever again.

I'm not sure what you're trying to say. I was replying to a post suggesting we bought out Schweinsteiger's contract, which we didn't.

 

[Dr. Dwayne]

There's no chance he will ever play for us again and rightly so ... Rather the club has resigned themselves to him sitting on his fat arse for the next two years and written his wages off as an expense

His wages will still be an expense. LeftBack explains it pretty well below, the club simply no longer considers his registration as a reasonably liquid asset and will not claim it as such on financial statements which include the balance sheet.

It doesn't mean that we've bought him out of his contract or that he can't play for us again.

It appears we've simply reduced his value on the balance sheet (initial transfer fee less around a year's amortisation) to nil. Would be the same effect if he'd just retired 1 year into his contract.

Well done.

 

[Jippy]

It still makes me sad. I know we got him in his twilight years, but in a parallel universe it could've been magnificent.

 

[K2K]

I'm not sure what you're trying to say. I was replying to a post suggesting we bought out Schweinsteiger's contract, which we didn't.

That he could possibly play for the first team again.

He still has a contract with us but putting a note out like that means we don't consider him a part of the first team at all and will get him off our books asap.

 

[Ainu]

That he could possibly play for the first team again.

He still has a contract with us but putting a note out like that means we don't consider him a part of the first team at all and will get him off our books asap.

It was already public knowledge that Schweinsteiger wasn't considered a first team player by Mourinho. This doesn't provide any new info about that, in fact it's simply a reaction to it. The point is this doesn't technically or legally prevent us from playing him, as some suggested. That's all.

 

[K2K]

It was already public knowledge that Schweinsteiger wasn't considered a first team player by Mourinho. This doesn't provide any new info about that, in fact it's simply a reaction to it. The point is this doesn't technically or legally prevent us from playing him, as some suggested. That's all.

I agree on that one.

I doubt we will ever play him though.

 

[Dr. Dwayne]

That he could possibly play for the first team again.

He still has a contract with us but putting a note out like that means we don't consider him a part of the first team at all and will get him off our books asap.

Not exactly. It means that we don't consider him a valuable/saleable asset anymore.

 

[cesc's_mullet]

It's probably not the thread for it, but why did he hang around?

If JM made it known to him that he wasn't going to be a part of his plans then why didn't he move on as soon as possible?

Also, has JM explained why he doesn't consider him part of his plans?

 

[Escobar]

I think there is a reason why we dont consider him for our first team, but wont make it public to protect him. But some reports showed that he was more interested in his private life than football. On the other hand, I think he just didnt find a club paying what we do. But yeah, very strange indeed

 

[izec]

It's probably not the thread for it, but why did he hang around?

If JM made it known to him that he wasn't going to be a part of his plans then why didn't he move on as soon as possible?

Also, has JM explained why he doesn't consider him part of his plans?

Nobody knows and no party said anything. Schweini himself says he just wants to play for Bayern and United in Europe and wants to make it here or something like that. Dont know why he didnt move to the US in the summer, he will do it eventually at one point and lower his wage demands anyway if he wants to play again. My guess is he hoped for a change of heart or a chance, but it seems there is now way back.

Mourinho didnt say anything revealing so far, just the usual he doesnt fit my plans stuff and that he wants 23 players + 3GKs. Maybe Mou really thinks he is useless. But it seems the club and the players werent happy with his behaviour last season with spending his time in Germany when injured and following his wife everywhere for tournaments. Maybe that played a role too and Mou got a whiff from that plus his injury issues and his body state when they started training. Clearing up the wage bill would be helpful too for someone who is injury prone. But all just speculation so far.

 

[711]

It's probably not the thread for it, but why did he hang around?

If JM made it known to him that he wasn't going to be a part of his plans then why didn't he move on as soon as possible?

Also, has JM explained why he doesn't consider him part of his plans?

Best guess is he's waiting for the MLS in the new year.

 

[K2K]

Not exactly. It means that we don't consider him a valuable/saleable asset anymore.

According to IAS36 though, if we have fully written him off on our books that means that the recoverable amount for his contract is zero, meaning we see his value in use to us as being zero.

 

[Name Changed]

It's probably not the thread for it, but why did he hang around?

If JM made it known to him that he wasn't going to be a part of his plans then why didn't he move on as soon as possible?

Also, has JM explained why he doesn't consider him part of his plans?

Why wouldn't be? He had a contract worth millions, which was given to him by the club. Why should he just walk away?

 

[The Man Himself]

*Sob Sob*

 

[Martin(6)Buchan]

Shame about the lad could have and should have been a good addition to the squad on nights like these.

 

[Isotope]

Why wouldn't be? He had a contract worth millions, which was given to him by the club. Why should he just walk away?

Because he is Bastian Schweinsteiger. The value of his brand/image is way more than whatever the difference in wages if he moved on.

 

[Name Changed]

Because he is Bastian Schweinsteiger. The value of his brand/image is way more than whatever the difference in wages if he moved on.

No it isn't. Not when he is near the age of retirement. He is not going to get anywhere near as good a contract.

 

[Bwuk]

He wouldn't of done any worse than what we got given tonight.

 

[steve zizou]

Not when he is near the age of retirement

the man is 32.

 

[RooneyLegend]

We're getting to a point where we need him to train and get back into action.

 

[Wednesday at Stoke]

*Sob Sob*

I wish he'd at least call Mourinho a cocksucker at a gloryhole or something. He's hurting me by being too nice.

 

[Name Changed]

the man is 32.

With a lot of mileage on the clock. He will not get a better contract. It's not his fault the club offered him loads of money for him to sign. It would be madness of him just to cancel his contract, lose out on a shite load of money, especially when he hasn't got a club as it is. Whatever he earns from the club, good luck to him in my opinion. No respect was shown to him so I don't see why he should do anything to his detriment just to benefit the club.

 

[Name Changed]

He wouldn't of done any worse than what we got given tonight.

Kleberson or Djemba Djemba wouldn't have done any worse.

 

[steve zizou]

With a lot of mileage on the clock. He will not get a better contract. It's not his fault the club offered him loads of money for him to sign. It would be madness of him just to cancel his contract, lose out on a shite load of money, especially when he hasn't got a club as it is. Whatever he earns from the club, good luck to him in my opinion. No respect was shown to him so I don't see why he should do anything to his detriment just to benefit the club.

I agree with all you said. But fwiw I think his fitness issues is overblown on here. He's probably got as many miles as someone like Carrick, who's also had injury issues and is a year or 2 older than BS. Sure he isn't fit to play 90 every game but no doubt his experience would've been useful in certain situations (yesterday for example). I can't think of any logical reason why Jose would ostracised BS as he has. It all boils down to politics imo. In which case he's got every right to milk the club for his last penny.

 

[iKeano]

Deserved a run lastnite, or at least next day out after being served up back to back mediocre midfield performances by our star-studded midfield!

 

[van Persie]

Give him a chance and he will take it

 

[OnlyTwoDaSilvas]

Couldn't be worse than Rooney, Pogba or Fellaini today.

 

[izec]

If he had been out there today, he would have been slaughtered. In this current team, he would look as bad as anybody.

 

[JoaquinJoaquin]

I genuinely think he should be considered going forward.

 

[AN17]

If he had been out there today, he would have been slaughtered. In this current team, he would look as bad as anybody.

You're probably right. But persisting with Rooney after all this while not giving Bastian even a single chance .. Just depressing.

 

[izec]

You're probably right. But persisting with Rooney after all this while not giving Bastian even a single chance .. Just depressing.

Well Herrera and Carrick were on the bench, so i guess they didnt even get a sniff.

 

[GhastlyHun]

If he had been out there today, he would have been slaughtered. In this current team, he would look as bad as anybody.

That's rich, without even having had a single chance to prove otherwise.

 

[izec]

That's rich, without even having had a single chance to prove otherwise.

We wont see that anymore and i would like that. If Mou was as ruthless with Rooney and Young, someone can dream

 

[itso 7]

The odd thing about this whole situation is that we could with what he offers right about now. I think Mourinho misread his midfield options or overestimated our midfield options' ability to run games; whatever the case a climbdown is needed because even if Carrick was to come in he won't be able to play every game.

 

[Sb_16]

Should have bought in a controlling midfielder before rightfully under-utilizing him and Carrick.

 

[hirotan69er]

My biggest question is, can he perform like he did for Germany? We all know how he performed last season and then he scored immediately for Germany less than 5 mins coming on as a substitute.

 

[MyOnlySolskjaer]

I genuinely think he should be considered going forward.

You don't just shut a player out the way he did, only to bring him back. For me, it would be a huge sign of weakness if Mourinho even considers it. It was his call, he dealt with him the way he wanted and now he has to stand by his own decision.