Falcao

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Tancredi Palmeri has said Monaco have made an enquiry for Milan's Kevin Prince Boateng, but that's unconfirmed. Plus with the rumours of Sakho, Mangala and Coentrao, they could now look like this:

Code: 
[CENTER]Valdes

RB - Sakho - Mangala - Coentrao

Moutinho - KPB

Nasri - Tevez - Rodriguez

Falcao[/CENTER]

Now all we need is a Right back and we have a team. Blimey, this is like playing sandbox mode on FM, and you have unlimited funds to make a team. If they pull off half these deals they will have a good squad. They would also double the population of Monaco in one summer haha.
 
Red Shorts said:
We have our last piece of the jigsaw puzzle! Dailymail saying Ivanovic is wanted by them, that's our RB sorted.
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Or it could be Sagna, with his future at Arsenal still up in the air. Would be cheaper than Ivanovic too as Ivanovic has three years left on his contract while Sagna has one.

Quote from Sagna a week ago:

"Of course it makes me proud to read PSG are interested. They are a very attractive club," he is quoted as saying in Le 10 Sport.

"Personally I’ve not been approached by PSG. I don’t know if they have contacted my agent or if these are rumours.

"At Arsenal, in the dressing room they tease me every day telling me I will leave to play at PSG, but it is speculation. I don’t know what is going to happen.

"I could very well extend my contract here in London but equally I could leave at the end of the season. I only have one year left on my contract. We will see.

"At the moment I am fully focused on Arsenal. I don’t know what will happen this summer. I have to see the directors again regarding an extension to my contract. Monaco would be a new challenge. I don’t close any door to PSG, Monaco or Arsenal."
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That's fine, Sagna can go at RB and Ivanovic at CB.

I love how he thinks Monaco will be a "new challenge". Much like the typical "I want to be part of a new project at City" which equates to earning twice as much as at your previous club.
 
Sewelly The Geordie said:
See if this spending by PSG and Monaco can result in some actual European success. France is without doubt the biggest underachievers at club level. Their record is laughable.
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Indeed. One CL...

Portugal and Netherlands have 4 and 6, with half the French population combined.
 
A bit disappointed that he's going to Monaco instead of going to a Champions league club to prove himself there and so he can be remembered by everyone once he finishes. He's only really played in the Europa league I think, apart from a few games in the champions league with Porto once until they got knocked out. Now he's just gone wherever they've offered him the most money, and it's by no means guaranteed they'll get into the champions league right away. Could be 2 or 3 years until they do, and with him being 27, now was the time to go to a big club.
 
Sewelly The Geordie said:
Even then Marseille's participation in that competition was tainted by the match fixing scandal.
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Indeed. That was such a strong Marseille side they didn't even need to go down that route, but that they did and got away with their Champions League title doesn't smell right.
 
Shame that he can't enjoy a season of CL football with Atletico. The time Monaco eventually do qualify he will be 29.
 
They wouldn't have been in the competition if they hadn't cheated to win the league.
 
Red Shorts said:
That's fine, Sagna can go at RB and Ivanovic at CB.

I love how he thinks Monaco will be a "new challenge". Much like the typical "I want to be part of a new project at City" which equates to earning twice as much as at your previous club.
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What do people honestly expect them to say? If you had just been hired by a company you don't particularly like, but who are paying you really good wages, it wouldn't exactly be prudent to publicly go out and say you only really took the job for the money regardless of whether or not that's what you truly believe.

I'd wager there are plenty of people on this forum who would leave a job, with a company who've always supported them and want them to stay, for one that pays a bit more money never mind doubling their annual earnings.
 
Damien said:
Or it could be Sagna, with his future at Arsenal still up in the air. Would be cheaper than Ivanovic too as Ivanovic has three years left on his contract while Sagna has one.

Quote from Sagna a week ago:
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Do they really care about contract lengths an how it affects prices. Seems they see a target they want and just throw money at them and their current club.
 
Either Monaco are being run by idiots, or their big brothers are pulling their strings and they are letting them to.

They can easily insert a release clause and at least recoup the money that they are spending on him this season.
 
coolredwine said:
Either Monaco are being run by idiots, or their big brothers are pulling their strings and they are letting them to.

They can easily insert a release clause and at least recoup the money that they are spending on him this season.
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Why would they want to recoup the money again? They are rich and they are building for the future. In my opinion, he aint going anywhere. It also shows that they are serious about all these transfers.
 
Following a routine medical on Tuesday, the 27-year-old Colombian striker is thought to have gone over his contract with the help of his agent Jorge Mendes. He has since returned to Atlético Madrid, for one last game in the Spanish league against Zaragoza.

The football superstar could join forces with the Monegasque side for a massive deal of 60 million euros, smashing the French league record, making Falcao the most expensive player in League one, and reaching 4th position of most expensive transfers ever made (behind Ronaldo, Zidane and Kaka).

Speculation has suggested that the initial 60 million euros could be reduced to 45 million euros due to a liberty clause in the contract. This condition allows Falcao to negate his contract in the event of an offer from Real Madrid.

But with 10 million a year, Falcao will still be earning a substantial amount playing for the Red and Whites.
 
RDCR07 said:
Why would they want to recoup the money again? They are rich and they are building for the future. In my opinion, he aint going anywhere. It also shows that they are serious about all these transfers.
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Otherwise any team would snoop in at any give time for Falcao for a considerably less transfer fee. And surely he would want to play for Real, City, Chelsea as compared to Monaco?
 
coolredwine said:
Either Monaco are being run by idiots, or their big brothers are pulling their strings and they are letting them to.

They can easily insert a release clause and at least recoup the money that they are spending on him this season.
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eh? They're stinking rich. They dont need the cash. A release clause actually gives other rich clubs a chance to get a player even if Monaco dont want to sell. Not having one means they can hold on to him if they want regardless of interest.
 
Explaining the Falcao move to Monaco

http://www.reddit.com/r/soccer/comments/1e8ncw/explaining_the_falcao_move_to_monaco/

You have probably all already seen that Falcao is destined for Monaco. There were a lot of rumors about a potential move to Manchester United, Chelsea, Real Madrid and others - so why does he end up moving to Monaco?

The answer is because of the complicated third-party ownership involved with Falcao. There was a very similar situation with Hulk when he moved to Zenit.
To explain this, we need to take a step back and first see how third party ownership works. Those in England would have previously seen this topic as it reached prominence when Carlos Tevez and Javier Mascherano signed for West Ham United. Here were two stars from Argentina signing for a club in London who were struggling to stay in the top flight. The controversy lead to West Ham paying compensation of £18M to Sheffield United, and lead the FA to ban third party ownership.

But third party ownership is still alive and well on the continent. It is most often applied with South American stars making the jump across the Atlantic to Europe. The way it works is that investment groups will purchase the registration rights of an upcoming player. This is sometimes done while the player is at a club, and sometimes as part of a transfer.

For eg. one scenario would be that a 16 year old star in South America would be approached by an agent and asked if he wants backing with marketing and making it big in Europe. These deals usually involve paying the player a better salary, hooking him up with a better agent, better management, sponsorship deals etc. If and when the player agrees, the third party owners will then go to the club he is registered to and negotiate to buy his registration rights - either all of or part of.

The player is then in the hands of the management and third party ownership group, who manage every aspect of his career from that point on. That usually involves paying him a larger salary on top of his club salary, placing him in clubs where he will get more exposure, etc.

The other way third-party ownership happens is that the investment group finances a transfer for a player. For eg. Porto want to sign a player from Brasil but don't have the funds, they would approach an investment group and have them stake 50-60% of the deal in return for the players registration rights.
The investment group make all of this upfront investment with the hope that at some point in the future the player proves himself, becomes a star, and can then exit at a very large valuation.

Some examples: Tevez and Mascherano were placed into West Ham by their investment group as a way of getting them more exposure. It worked out well in both cases as Liverpool purchased Mascherano (buying out the investment group and giving them a good return) and City eventually ended up buying out Tevez - albeit via Manchester United (who never owned the entirety of his transfer rights).

Back to Falcao. He was purchased by a third-party ownership group as part of his transfer to Porto. They bought 55% (likely more) of his transfer rights, supplemented his salary while he was paying at Porto and then moved him to Atletico for the purpose of getting him more exposure (likely with an eye on moving him eventually to Real Madrid). During the time Falcao was there, the investors were supplementing his wages again (infact paying most of them) and working on negotiating his big move which would see them cash out.
Porto's financials show the following for the Falcao transfer:

sale of 60% of the economic rights of the player Bolatti to the entity Natland Financieringsmaatschappij B.V., on July 2009, by the amount of, approximately, 1,500,000 Euro, (transaction perform under the acquisition process of 40% of the registration of Falcao)

There is another section where it is disclosed that they sold another 5% option in Falcao, and another section where it is disclosed that there is an option for a third party to purchase a further 10%.
The same filing shows that Porto only owned 45% of Hulk.

What is more interesting is who is involved in the Falcao ownership. The group is called Doyen Sports and it was founded by Jorge Mendes (most famous as Ronaldo's agent, but an infamous player agent who is involved in a lot of third-party deals) and Peter Kenyon (former Chelsea chairman).

On their website they have a page for Falcao and you can also see the other players listed. Falcao, like Hulk, ended up in a situation where there was so much invested in him that it would take a lot of money for the investors to see a return (known as being highly leveraged). They were paying his salary for a few seasons, had floated Atleti some money to keep them alive (they got some shirt sponsorship in return) and had made the initial investment when he first transferred.

Falcao ends up moving to Atletico in a 40M move - despite Atleti the previous season stating that they had to clear players out because of their 220M euro tax bill with the Spanish government. What this ended up being is a 20 + 20M deal. 20M never gets paid because its just the third-party owners paying themselves, and of the other 20M only 18M is owed by Atleti, who take an option of paying in two 9M installments (they were late on the first one, they only paid 2.5M and defaulted to the point of Porto threatening to sue and taking the issue up with FIFA). End situation is that around 60% of the rights are with the Doylen group. It also appears that while Falcao was at Atletico that Doylen took an option for a larger stake in him since Atleti were late on their payments. Something weird happen which involved Doylen taking a sponsorship. Either way, they had the majority stake and Atletico had no say or control of the player. For all purposes it was nothing more than a loan with Atletico having a small stake in his registration rights.
The president of Atletico Madrid continuously insisted that they own all the rights to Falcao, but this simply isn't true.

Falcao is on a wage of 10M euro per year, and the return the investors wanted is 60M euro in transfer fee. This narrows down the list of potential clubs that can buy you out to very few. Atletico had no say in where Falcao goes, they had an option in the winter transfer window, but that expired. The owners needed their return and they were going to get it one way or the other.

The list can be narrowed down to PSG, Monaco, Real Madrid, Chelsea and City. City aren't making large investments any longer, PSG have their fix of strikers. Of the remaining three, it is apparent that Real Madrid didn't want to pay up the 60M + 50M in contracts for Falcao (for whatever reason).

Apparently Chelsea matched the 60M clause but to pay Falcao the 10M per season in wages would involve a total gross salary of 300k+ per week, which just isn't manageable.

Chelsea also have the issue of not being allowed to directly purchase a player from a third-party owner (apparently this is what turned Man Utd off a move) so it would have required a two-step sale with Falcao going to one club outright and then to Chelsea. Apparently with the David Luiz transfer on the same day he moved to Chelsea Benfica bought out the entirety of his rights from third-party owners (so you can summize that Chelsea gave them the money to buy out that deal so that they could purchase 100% of Luiz directly from Benfica, thus avoiding the third-party rule in England).

With all of these factors you end up with only one target: Monaco. They have the 60M to pay out the investors, they have the funds to pay his wages of 10M per year and better yet they have no income tax so they don't have to supplement the gross.

So in the end Falcao is moved around Europe by his investors with the only goal of making a return for them. He has little to no say in his final destination because of a deal he agreed to years ago while he was still in South America.
Links and further reading:

A comment I left below with more details on calculating the percentages and who owns what, with more details of the Atletico debt
Do Atletico own Falcao?

Swiss Ramble on Atletico Madrid and their financial struggles - "one of the worst run clubs in Europe"

Porto threaten to report Atletico over late Falcao payments
Monaco eye Falcao move - "Chelsea’s attempts to sign the former Porto man had been complicated by third-party ownership issues"
BBC: Does third-party ownership benefit or hinder football?

Quality Sports Investments - another third-party ownership fund that Kenyon and Mendes were involved with
edit part that I missed which some people might not know - Monaco were purchased by Russian billionaire Dmitry Rybolovlev, the 79th richest man in the world. Similar MO to the Al Thani's at PSG except he is investing as an individual, rather than with the backing of a state.

BBC on the takeover
His Wikipedia page
When he bought the club in December 2011 they were bottom of the second division in France. He rescued them that season and has now seen them promoted back to Ligue 1.

Edit some more links, this time from UEFA, who have strong words against third-party ownership (but it still goes on):

General Secretary: No place for third-party ownership
UEFA call for ban on third-party ownership

This is why, as asked below, Atletico insist in public statements that they own 100% of Falcao - they don't want to risk any potential clampdown from UEFA.
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Interesting article, seems to suggest there is more to it than Falcao simply going where he would get the most money. It seems it is a case of his owners wanting the most money and him not having a great deal of choice in the matter!
 
^^^^^^^^^^^

Good read.

Sid Lowe said the other day that Falcao was not keen on moving to Monaco but had no choice. Lowe also bemoaned the roles of Jorge Mendes in the whole Monaco affair. All of the players transferred there so far are his clients. Don't be surprised to see Nani on the move that way or Anderson.
 
Jimy_Hills_Chin said:
^^^^^^^^^^^

Good read.

Sid Lowe said the other day that Falcao was not keen on moving to Monaco but had no choice. Lowe also bemoaned the roles of Jorge Mendes in the whole Monaco affair. All of the players transferred there so far are his clients. Don't be surprised to see Nani on the move that way or Anderson.
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Oh well I'm surprised. :lol:
 
Just goes to show how money is ruling everything in Football these days. I'm not usually one to give a shit about wages or fee's paid, im not even bothered about Sugar daddy clubs really but this is a complete joke. A team who have been playing at a lower level than the English Championship have already spent around 130m within 2 weeks of the league finishing.
 
So Falcao didnt want to move there.

How many other players feel the same? You cant give 100% to a club you have been forced into joining when you didnt want to, they will crash and burn like QPR and then everyone will realise that you need more than just a few billion to become a top team.
 
Tremendous waste of talent - delighted he's not gone to Chelsea or City.
 
All those monies. He would be considered crazy to reject it.

Plus it's not like Monaco are just some other club. They were a force decades ago so I guess signings like Falcao will shake up the league and reinstate them as a powerhouse.
 
ItsEssexRob said:
So Falcao didnt want to move there.

How many other players feel the same? You cant give 100% to a club you have been forced into joining when you didnt want to, they will crash and burn like QPR and then everyone will realise that you need more than just a few billion to become a top team.
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As opposed to QPR they are bringing in players with actual quality well in their prime. Rodriguez, Moutinho and Falcao are all top players.
 
At least City or Chelsea didn't get their hands on him. It looks like we'll continue to have the best striker in the league.
 
"Tax Haven Hero"

Usually I take goal.com articles with a pinch of salt, but they got this headline spot on
 
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