Didn’t the Athletic say last summer we only had a £25M transfer budget to spend in the transfer window yet we forked out transfer fees bigger than that for Martinez & Antony?
Take it as a pinch of salt.
Take it as a pinch of salt.
MUFC are looking at a budget of about £100m, due to FFP (The Athletic)
- Thread starter jamesjimmybyrondean
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Its not rocket science but 100 is a decent amount
100 + sales .
Maguire- 35-40.
McT - 30-35.
Hendo - 20-25.
Donny - 5
100 + sales .
Maguire- 35-40.
McT - 30-35.
Hendo - 20-25.
Donny - 5
Someone else will explain it better but I don't think it works like that because what we owe for Maguire next season is £13m, and then another £13m the season after.
Keeping him next season means we take a hit on the book for £13m.
Selling him means we settle his book value (including the remaining seasons on his deal) which is £26m. So we have to take a loss of £6m to do that if the sale price is £20m.
It's hilarious how so many people don't realise that just selling lots of players wont help against FFP!
Making big losses on Maguire and AWB won't help at all. Making 100% pure profit on Mctominay and Henderson will.
Lot's of fans also seem to be ignoring the fact we were told that we effectively spent the summer 23 transfer budget a year early on Antony and Casemiro.
Making big losses on Maguire and AWB won't help at all. Making 100% pure profit on Mctominay and Henderson will.
Lot's of fans also seem to be ignoring the fact we were told that we effectively spent the summer 23 transfer budget a year early on Antony and Casemiro.
I mean the time to sell Brandon Williams was last summer after he'd had a season of PL football under his belt. I'd argue it was also the time to sell Elanga.
Both of their values will be down in the mud now with the lack of gametime they've had.
I don't put much stock in The Athletic because I don't see what their credibility is for a statement like this, but in my head this sort of figure is what I expected. For a few reasons really. We spent a lot last summer. The financial situation is okay at best. Generally this is our average spend.
Its an okay budget, a lot can be done with 100 million in accounting terms so it depends how we structure deals, how we negotiate, how we sell to bolster funds. I don't think it restricts our possibilities too much. But this does depend on extreme competence in the market which has not always been a given.
Its an okay budget, a lot can be done with 100 million in accounting terms so it depends how we structure deals, how we negotiate, how we sell to bolster funds. I don't think it restricts our possibilities too much. But this does depend on extreme competence in the market which has not always been a given.
Exactly. Antony was such an irresponsibly poor signing that's going to hamper for years going forward. Same as Maguire.
We can surely raise 100+ million as well if that is the case. Maguire should get us 35/40m, Baille should get 10, Mctomminy 40, that’s nearly 100m there alone
Why does anyone believe this crap, every year before each transfer window its oh Utd can't spend too much, its people guessing for likes and clicks and to generate buzz,
I think they get more wrong than right,
If Utd get took over and pay of the debt which includes all money owed to clubs then they can spend whatever they want.
Chelsea owe clubs 700m and not a peep from them.
I think they get more wrong than right,
If Utd get took over and pay of the debt which includes all money owed to clubs then they can spend whatever they want.
Chelsea owe clubs 700m and not a peep from them.
So ammortization only work for Chelsea 
Since incoming transfer costs are spread over the length of the contract, and sales are directly added to the books, we only need to sell a player for £20m to be able to afford an additional spend of £100m (assuming the new player is signed on a five year contract).
I wouldn't worry about our spending being restricted due to FFP really.
I wouldn't worry about our spending being restricted due to FFP really.
How much would it cost to transfer City's accountants?
A nation state?
Sales are not directly added to the books, only the profit from a sale is.
EDIT: Well not profit but sale - unamortised book value. That is why selling someone like McTominay or Henderson is better than selling someone like Maguire when it comes to FFP.
So ammortization only work for Chelsea
They are closing the 7 year period to 5 years. So yeah Chelsea seemingly exploited the last remaining loophole, not that it did them much good though. Hahahaha.
Maguire won't get 40m, Bailly won't get 10m and Mctominay won't get 40m.
You forget about the first two's wages and the fact that Bailly is made of glass and had a poor season in France. Maguire is 30 on big wages and his stock is so low. I won't be surprised if Maguire is a loan.
That's not how FFP works.
Selling Maguire and Van de Beek won't help as we will be taking massive losses on them from a FFP perspective. Selling Mctominay and Henderson will help as 100% of the profit made will count towards FFP.
We are paying the price for years of bad spending and selling.
No. Just the guys who know how to create artistic books.
Hope this isn’t accurate and/or that we can stretch whatever the budget is with a few outgoings
For a publicly listed company?
Quatar Noodles deal worth 500m per year incoming.
The jury is out on that, next season will be the true test of whether the gamble has paid off or not
It's not that simple. You also have to think about your FFP position in the next period.
So it’s 100m before sales. Might be manageable financially but it’s going to leave us playing catch up if most of our business depends on shipping players out first.
Oh yes, forgot about that one, it's huge.
Won't sale of home grown players or players whose original contracts have expired mean pure profits? So we can buy players for 5X that amount if they are on 5 year deals...
Wouldn't a 20m sale of someone like Henderson potentially bump the budget about about 100m?
Players for sale :
Bailly
Williams
Tuanzebe
Henderson
Telles
Then there are the other players from the squad that we might sell..
Martial, Maguire, DvB?
Wouldn't a 20m sale of someone like Henderson potentially bump the budget about about 100m?
Players for sale :
Bailly
Williams
Tuanzebe
Henderson
Telles
Then there are the other players from the squad that we might sell..
Martial, Maguire, DvB?
So where is that £20m coming from for next season, and the season after that etc?
We will only believe news that we want to hear.
It really is last chance saloon this summer with 90% of expenditure against turnover allowed, which is going to reduce to 70% in 2024/25 season.
We need to sell D Henderson, B Williams, A Elanga, S Mctominay and M Greenwood hopefully for a combined £80m which has a huge effect on our transfer strategy as all of these players will represent net profit as none of them cost a penny.
Revenues, no more debt (post takeover) no dividends paid out (post takeover) etc
For a top quality striker we're looking at the vast majority of that
We really need to do well in offloading players this summer else we're in a bit of trouble
Also if we want to keep Sabitzer that's going to cost somewhere in the 20m+ range.
We really need to do well in offloading players this summer else we're in a bit of trouble
Also if we want to keep Sabitzer that's going to cost somewhere in the 20m+ range.
It's all going to come down to one thing: the ownership situation must be settled.
If it is, either way, we have certainty. Without that you can't plan.
If it is, either way, we have certainty. Without that you can't plan.
Buy: 265m (970k)
Striker 100m (300k)
Rabiot - Free (200k)
Lavia - 35m (80k)
Diogo Costa - 65m (150k)
Todibo - 35m (100k)
Frimpong - 30m (100k)
New backup keeper - Free (40k)
Sell: 165m (960k)
McFred & VDB - 50m (300k)
Elanga - 10m
Dean Henderson - 20m (100k)
DDG - out of contract (19.5m salary)
Maguire - 20m (200k)
Bailly - 3.5m (4m salary)
Bissaka - 20m (90k)
Martial - 17m (250k)
Pellistri - 10m (20k)
Net Spent: -100m -10k
Striker 100m (300k)
Rabiot - Free (200k)
Lavia - 35m (80k)
Diogo Costa - 65m (150k)
Todibo - 35m (100k)
Frimpong - 30m (100k)
New backup keeper - Free (40k)
Sell: 165m (960k)
McFred & VDB - 50m (300k)
Elanga - 10m
Dean Henderson - 20m (100k)
DDG - out of contract (19.5m salary)
Maguire - 20m (200k)
Bailly - 3.5m (4m salary)
Bissaka - 20m (90k)
Martial - 17m (250k)
Pellistri - 10m (20k)
Net Spent: -100m -10k
Debt nor dividends do nothing for FFP restrictions (i.e. the squad cost rule).
What you basically want the club to do is gamble its future revenue (increase) to fund current expenditure. Sensible.
Only realistic one there is McT imo.
Maguire would be dependent on someone like Newcastle coming in for him, but he wouldn't get into their first team.
Maguire being included in a potential deal with Kane isn't totally farfetched imo.
Correct. We almost never sell at the right time. It's always "give them another season, just to make 200% certain they aren't good enough"
Our biggest issues right now are the club is losing money three years running, the last two years posting net loses of £90m and £115m and you can be safe to assume their is a loss being posted in 22/23 season, it’s simply u sustainable when you add that to an existing debt of £635m which has to be serviced at £40m in charges per year, from this year onwards this effects FFP more than in previous years due to the new sustainability rules.
It’s why the club must be sold and as part of that process, settle the outstanding debt instantly to really be in a position to compete going forward. The budget this season is subject to the following ;
1. Whether the club is sold or not ?
2. Who the new owners are and how they wish to settle the debt ?
3. What Players that we sell and for how much with players who we developed being more advantageous than high cost high wage players like H Maguire?
THIS WEEK IS GOING TO GET VERY INTERESTING INDEED
Simply because it’s finally starting to come to a head where decisions have to be made or the offer made from SJ and SJR can be reviewed since they have no chance of affecting this summers transfer window.
Let me correct that for you.
That's not how it works.
Seems a lot more than what they usually come out with.