Don't be silly my guy, our debt is higher than the whole value of your club.
I don't mind you embracing your moment since winning the league but just try and make the best out of it, as very soon the natural order will be restored.
I'm not just talking about us though, the luck that Leicester have struck is bound to finish very soon so it might be wise to get some money out of it while they can.We've been saying this for the last six years
Finances not your strong suit I take it?you can barely afford to get one player from us 2 would put you in administration
I think it will... Can't see us making a £70m bid, and then pulling out of the signing because of £10m. Hope it gets done, would sort out our CB situation (though would need to sell a couple of course). Think our midfield will remain a mess, but the defence I think we'll sort out with Wan Bissaka and Maguire. Never been a massive fan of his, but he's undoubtedly better than what we have, is big and strong, very good in the air so that partners Lindelof well, while also being good on the ball so we would have 2 CBs who can build the play up now. Also 2 CBs who stay fit so we could have a clear back 4 for the first time in a decade basically (and even then, our right backs were always changing).Just randomly had a feeling this one's happening.
you don't achieve anything over a period of time via luck, its sound strategy and investmentI'm not just talking about us though, the luck that Leicester have struck is bound to finish very soon so it might be wise to get some money out of it while they can.
humour isn't yous clearlyFinances not your strong suit I take it?
Don't be silly my guy, our debt is higher than the whole value of your club.
I don't mind you embracing your moment since winning the league but just try and make the best out of it, as very soon the natural order will be restored.
The natural order when I was born was Liverpool finishing near the top and Man Utd moving around between 3rd and 13th... seems like we're there already!I don't mind you embracing your moment since winning the league but just try and make the best out of it, as very soon the natural order will be restored.
I'd say his mum was, 26 odd years ago.Anyone concerned by the size of his head?
You're a good sport I have to say, or as they say in the land where our pre-season tour is being held - a fair dinkum bloke.you don't achieve anything over a period of time via luck, its sound strategy and investment
humour isn't yous clearly
Just randomly had a feeling this one's happening.
Don't be silly my guy, our debt is higher than the whole value of your club.
I'd say his mum was, 26 odd years ago.
I'd say his mum was, 26 odd years ago.
Haha yeah, definitely reckon it was a caesarean.I'd say his mum was, 26 odd years ago.
So yeah, that's why it takes more than 2 days to prepare a bid, and more than 4 days to complete a transfer.
Great post.Budgeting in organizations like Manchester United is a bigger undertaking than you imagine.
First: The club are looking at more than 1 player. It's not a simple question of "just bid £10 million more". £10 million is an absolutely insane amount of money. You might think its worthless, but to you and me, £10 million is fairytale money, but in regards to transfers its something we read about in the newspaper and don't have any relationship to, so its difficult to even imagine how much money this is.
The biggest distribution contract I've signed in my company was worth £4 million over 2 years, and we spent nearly 3 weeks arguing about variables that were worth a few thousand. My point is that nothing is straightforward.
Football contracts have clauses in them, and often the clauses are the sticking point. Clauses are offered, re-negotiated, improved on, rejected, rewritten and presesented in a new package. You have to go back, and forth, thinking needs to be made, people need to sign off. It's not a tit for tat process. Ed Woodward is not always part of a negotiation and he's in the loop, has to sign off on certain elements, you go back to the table, involve other people, and so you go. And that's just for the clauses.
When you offer say £10 mill for a player. The other club wants £15. What's the big deall, its just £5 million?
Firstly: The selling club nearly always has a overvalutation of their player. They want as much as they can get for a player. Simple enough.
The bidding club has an analyzis in place that evaluates all the players metrics and characteristics that place a max value on a player. And on top of that comes the "gut" feeling that has some leeway, but these numbers don't pop out of a hat. They are figures based on real data. Comparable transfers, a players age, potential (risk factor), inflation, all play a part in how much a player is both worth, and judged to be worth.
So if the bidding club don't want to go over their max value, and the selling club don't want to go down on their overvaluation, what then? Well you try to meet in the middle, throw offers back and forth, both parties have to swallow some pills, you include and remove clauses, and then finally start negotiating clauses that go into the selling contract, performance based, cap based, etc etc, there's too many variables to list. And on top of that the negotiating parties need time to think about the offer, maybe listen to other offers, and so on.
Also something that factors in is a clubs budget. A club like Manchester United has an enormous spending bill, and income report annually. Moving a number around in the clubs budget is not a small task. You can't just go "I'll just take £10 million from here". The club is bidding on other players as well, we have a transfer budget that might rely on players being sold on top of the money already allocated. Future income is judged into the budget for this year. Is a player x likely to bring us to CL and incrase our revenue? Well he's worth x% above our valuation with a risk%. Is that risk% acceptable? No? We walk way Yes? We try to meet in the middle.
Clubs are also in a position of bargaining power compared to us. Harry Maguire is not forcing a move from his club, and Leicester don't have to sell. Reports are that they want £85 million while Man united have made an official bid of £70 million pr. Simon Stone of BBC (Simon is 99.9% reliable). The valuation on the player is a new world record for a centreback. Our offer is already huge. They want more.
And so the clubs are currently going back and forth discussing potential deals. Money upfront, money over time, money based on performance, etc etc etc.
This takes a long long time. Unless a club simply pays the release clause, or by some miracle agree on the first bid, then the process of purchasing a player is a long one. It does take weeks and it's not at all a surprise.
So yeah, that's why it takes more than 2 days to prepare a bid, and more than 4 days to complete a transfer.
I'd say on the Isco scale it's a 4:1 ratio, so that's pretty good.Anyone concerned by the size of his head?
Come on now, play nice or else the fox might end up on the devil's trident.The natural order when I was born was Liverpool finishing near the top and Man Utd moving around between 3rd and 13th... seems like we're there already!
seems to me Sir Alex took the trident with him when he retiredCome on now, play nice or else the fox might end up on the devil's trident.
Just sign him ffs.. He improves our team.. And it is not our money..
Remember we are not in the Ferguson era, where players want to come to us to win leagues, champions league... We have to overpay now, to buy decent players as that is the only thing we can provide..
Lets buy him and improve our team.. lets get top 4.. then lets improve the team further.. that is way to go forward..
I heard the fox hunting season starts at 1st of November so we won't be needing it so much when the time comes.seems to me Sir Alex took the trident with him when he retired
Yes but not 1 month? And I am sure you would agree they have conversations with agents who know what bid will be accepted.
Maguire's agent would be in contact with Manutd and Leicester, no way Manutd will be offering £80m if they didnt already know the player is interested. Therefore; Maguire's agent would have had conversations with Leciester who would have said £90m is his value and that would have been relayed to manutd. However; the transfer window is open for over a month so things have to happen quick, it cannot take a month to get bids lined up knowing it will be rejected and not to have a counter that is just foolish business planning.
yeah, that got banned nearly a decade ago, nice try thoughI heard the fox hunting season starts at 1st of November so we won't be needing it so much when the time comes.
They're making it legal again mate, you foxes have gone too far lately.yeah, that got banned nearly a decade ago, nice try though
The club made a bid for Maguire July 2nd. It was rejected by Leicester. The reason it takes time to reach a counterbid is for all the reasons I've listed in my post. It simply takes time. The club is also exploring other options. They might not feel that Maguire is worth Leicesters asking price and are looking at better alternatives. We don't know what the club are doing. But if they are walking back to the table with an improved offer, it will take several days before an offer can be finalized and ready to present.
Man United's bid was £70 million, not £80m. Leicester are asking for £85 million. £15 million extra is to say it nicely, an astronomical amout of money extra. The club might be structuring a deal of £70 million + add-ons, we don't really know. There's many reason why a counter offer was not already prepared, or offered. It might have been prepared. The club might wait for Leicester to come down on their valuation, hoping that Maguire will ask for a transfer. The club might feel that £70 million should have gotten the job done, and if not then either Leicester meet them far down the middle of the asking price, or the club explores other options. Italian media reports that the club is exploring a deal of Nikola Milenkovic on top of, or including Maguire.
Bad business planning is the least of Man Uniteds concern. I get that "Oh it takes so long everyone involved are clueless!". But are they though? Both Ed Woodward and Matt Judge are investment bankers, literally experts in their field. Not only experts, but extremely accomplished ones. Ed and Matt are not the ones who decide who the club should go for, that's Ole's job. Ed and Matt respectively sign off on the request, and negotiate the deal. Its their job to make it happen, it's Ole and Mike Phelan, in conjunction with the scouting departments job to bring them the names.
I understand the need for quick progress, but the transfer window is a huge jiggsaw puzzle.
Real Madrid completed a ton of signings early on because they made offers that met the selling clubs ask outright. If they can't sell Bale and at least one or more players for a good sum they are very likely to be unable to comply with FFP and might risk a transfer window ban.
Personally I like the way the club is negotiating the waters this window. I would have loved to see both Maguire and Bruno Fernandes in a club jersey by now, but I have a intimate knowledge about financial affairs, so I hope you'll just take my word for it that the club is working in due order and they will cross the finishline without being robbed.
As a phrenologist, yes.Anyone concerned by the size of his head?
maybe the FA got sick of devil worshippers and finally got that exorcism performedThey're making it legal again mate, you foxes have gone too far lately.
Nah, Sir Alex and Gill have the FA in their pocket, remember?maybe the FA got sick of devil worshippers and finally got that exorcism performed
Gill is gone and Sir Alex is at the racetrack ...Nah, Sir Alex and Gill have the FA in their pocket, remember?
They're never gone, just work from the shadows. Sir Alex is basically the Godfather of English football.Gill is gone and Sir Alex is at the racetrack ...
if that were true Maguire would have been a United player last summerThey're never gone, just work from the shadows. Sir Alex is basically the Godfather of English football.
Don't be silly my guy, our debt is higher than the whole value of your club.
Real Madrid completed a ton of signings early on because they made offers that met the selling clubs ask outright. If they can't sell Bale and at least one or more players for a good sum they are very likely to be unable to comply with FFP and might risk a transfer window ban.
Budgeting in organizations like Manchester United is a bigger undertaking than you imagine.
So yeah, that's why it takes more than 2 days to prepare a bid, and more than 4 days to complete a transfer.
Well, Sir Alex had very bad health problems but I'm sure you already knew that, with how obsessed about our club you seem to be.if that were true Maguire would have been a United player last summer
Budgeting in organizations like Manchester United is a bigger undertaking than you imagine.
First: The club are looking at more than 1 player. It's not a simple question of "just bid £10 million more". £10 million is an absolutely insane amount of money. You might think its worthless, but to you and me, £10 million is fairytale money, but in regards to transfers its something we read about in the newspaper and don't have any relationship to, so its difficult to even imagine how much money this is.
The biggest distribution contract I've signed in my company was worth £4 million over 2 years, and we spent nearly 3 weeks arguing about variables that were worth a few thousand. My point is that nothing is straightforward.
Football contracts have clauses in them, and often the clauses are the sticking point. Clauses are offered, re-negotiated, improved on, rejected, rewritten and presesented in a new package. You have to go back, and forth, thinking needs to be made, people need to sign off. It's not a tit for tat process. Ed Woodward is not always part of a negotiation and he's in the loop, has to sign off on certain elements, you go back to the table, involve other people, and so you go. And that's just for the clauses.
When you offer say £10 mill for a player. The other club wants £15. What's the big deall, its just £5 million?
Firstly: The selling club nearly always has a overvalutation of their player. They want as much as they can get for a player. Simple enough.
The bidding club has an analyzis in place that evaluates all the players metrics and characteristics that place a max value on a player. And on top of that comes the "gut" feeling that has some leeway, but these numbers don't pop out of a hat. They are figures based on real data. Comparable transfers, a players age, potential (risk factor), inflation, all play a part in how much a player is both worth, and judged to be worth.
So if the bidding club don't want to go over their max value, and the selling club don't want to go down on their overvaluation, what then? Well you try to meet in the middle, throw offers back and forth, both parties have to swallow some pills, you include and remove clauses, and then finally start negotiating clauses that go into the selling contract, performance based, cap based, etc etc, there's too many variables to list. And on top of that the negotiating parties need time to think about the offer, maybe listen to other offers, and so on.
Also something that factors in is a clubs budget. A club like Manchester United has an enormous spending bill, and income report annually. Moving a number around in the clubs budget is not a small task. You can't just go "I'll just take £10 million from here". The club is bidding on other players as well, we have a transfer budget that might rely on players being sold on top of the money already allocated. Future income is judged into the budget for this year. Is a player x likely to bring us to CL and incrase our revenue? Well he's worth x% above our valuation with a risk%. Is that risk% acceptable? No? We walk way Yes? We try to meet in the middle.
Clubs are also in a position of bargaining power compared to us. Harry Maguire is not forcing a move from his club, and Leicester don't have to sell. Reports are that they want £85 million while Man united have made an official bid of £70 million pr. Simon Stone of BBC (Simon is 99.9% reliable). The valuation on the player is a new world record for a centreback. Our offer is already huge. They want more.
And so the clubs are currently going back and forth discussing potential deals. Money upfront, money over time, money based on performance, etc etc etc.
This takes a long long time. Unless a club simply pays the release clause, or by some miracle agree on the first bid, then the process of purchasing a player is a long one. It does take weeks and it's not at all a surprise.
So yeah, that's why it takes more than 2 days to prepare a bid, and more than 4 days to complete a transfer.
The club made a bid for Maguire July 2nd. It was rejected by Leicester. The reason it takes time to reach a counterbid is for all the reasons I've listed in my post. It simply takes time. The club is also exploring other options. They might not feel that Maguire is worth Leicesters asking price and are looking at better alternatives. We don't know what the club are doing. But if they are walking back to the table with an improved offer, it will take several days before an offer can be finalized and ready to present.
Man United's bid was £70 million, not £80m. Leicester are asking for £85 million. £15 million extra is to say it nicely, an astronomical amout of money extra. The club might be structuring a deal of £70 million + add-ons, we don't really know. There's many reason why a counter offer was not already prepared, or offered. It might have been prepared. The club might wait for Leicester to come down on their valuation, hoping that Maguire will ask for a transfer. The club might feel that £70 million should have gotten the job done, and if not then either Leicester meet them far down the middle of the asking price, or the club explores other options. Italian media reports that the club is exploring a deal of Nikola Milenkovic on top of, or including Maguire.
A big sticking point in the Wan-Bissaka deal was the clubs 25% sell-on clause involving Zaha. It probably took a long time for Crystal Palace to let it remain in place. They are trying to cash in big on Zaha, and that no doubt had a bearing on the add-on valuation. Crystal Palace are valuing Zaha at £100 million. £25million of that would go to Man United if the player was sold. There was no way that Matt Judge was going to let CP get both £45 million + 25% Zaha sell-on value for Wan-Bissaka. So one party eventually folded. Crystal Palace are investing in a stadium and actually need the money, so there was internal investor pressure to get the deal done, which is why they let go of the sell-on clause demand eventually.
So a deal that was pretty simple became a complicated one, and ended up taking lot of time.
Bad business planning is the least of Man Uniteds concern. I get that "Oh it takes so long everyone involved are clueless!". But are they though? Both Ed Woodward and Matt Judge are investment bankers, literally experts in their field. Not only experts, but extremely accomplished ones. Ed and Matt are not the ones who decide who the club should go for, that's Ole's job. Ed and Matt respectively sign off on the request, and negotiate the deal. Its their job to make it happen, it's Ole and Mike Phelan, in conjunction with the scouting departments job to bring them the names.
I understand the need for quick progress, but the transfer window is a huge jiggsaw puzzle.
Real Madrid completed a ton of signings early on because they made offers that met the selling clubs ask outright. If they can't sell Bale and at least one or more players for a good sum they are very likely to be unable to comply with FFP and might risk a transfer window ban.
Personally I like the way the club is negotiating the waters this window. I would have loved to see both Maguire and Bruno Fernandes in a club jersey by now, but I have a intimate knowledge about financial affairs, so I hope you'll just take my word forit that the club is working in due order and they will cross the finishline without being robbed.