Woziak
Full Member
- Joined
- May 8, 2018
- Messages
- 4,497
Yeah depressingly true
We don’t need to , more fake news by the media, we just need to sell players who never cost us any monetary value for a net profit like ; S Mctominay(25m), D Henderson (25m) , A Elanga (10m), B Williams (7.5m), E Laird (2.5m) that’s £70m say even if we get £60m, all this is accrued as net transfer profit and we can basically take £15m aside to pay for agent and signing on fees and then amortise the other £45m by 5 (the normal length of a contract) giving us £220m on top of the £120m but some of that accrued income must be set aside for player wages too.
A Simple explanation is last summer we had the same budget of £120m because of FFP we sold two homegrown Players ;
James Garner (13m) and Andreas Perreira (12m)
That £25m was multiplied by 5 giving us another £125m which is why we spent £220m last summer same principle applies this year with the additional caveat that all our spending including debt restructure and financials must be within 90% of club turnover .
The main reason we are doing nothing right now in transfer window, we’re skint and are waiting for PL legacy payments from broadcasting. The Ownership takeover is just an excuse because the Glazers have run the club into the ground, soon as we pay the credit line off we will move in the transfer market.