its not amortisation, that is an accounting term for how the assets are accounted for
this is how the payments are structured
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its not amortisation, that is an accounting term for how the assets are accounted for
this is how the payments are structured
If you start Timo why not? The only thing Jones will rebuild is the confidence of opposing strikers.
Which payments? For Sancho? I do not have access to the full article. I just assumed they were talking about how it shows on the books for the purposes of financial fair play.
I see Timo starting most of our games.
Sancho and Varane yeah
Barring a massive injury crisis to our CBs and to even makeshift CBs like Mctominay, Shaw, Bruno*.. I don't see Jones starting a match of any importance for us. Maybe if we have already topped our CL group and have an away game?
If he does end up playing against you, I can see couple of injuries to your forward line so be clear on what you wish for!
(*) - that man can play anywhere on the pitch
It's how accounting is done, it's not a football thing. If you buy a player for £100m that's not a loss, it's the exchange of £100m in cash for an asset with a £100m market value.
It's a bit weird in this business because we're talking about human beings. If a company spends £100m on machinery, then once again that's not a loss. You have less money but more stuff that's worth money. If that machinery has an economic life of 10 years, then accounting wise it loses £10m of value each year (after 5 years it's worth £50m, after 10 year it's worth nothing). With footballers the duration of the contract is used, because naturally when the contract is up the player has no economic value to the club as they can go for free to wherever they like.
Or, maybe this is a better way to explain it: If you go crazy at the bookies then that money is gone. You've spent a lot of money and got nothing back, you're poorer. If you spend that money on a house instead, then you've still got a lot less money and probably a sizable loan, but you're not poorer. You've got a house!
New 4-year contract incoming
Thank you that's helpful!
Sounds like Phil could finally be getting back to fitness and this is the classic ploy of releasing some positive statements to drum up potential interest for a sale / release.
Ain’t nobody spending good money on Phil so he can warm their bench.
He’s actually not a terrible player just self destructive and permanently injured, teams will be more careful with their money.
He would have to show a good half a seasons fitness playing in the PL for teams to become interested and I hope to god we aren’t remotely thinking of providing him that game time, so if he moves it would be for next to nothing, I’d still be happy with that though to get him off the books and let him try to get some game time elsewhere before his career ends.
Yeah in my business we store a lot of old battered goods in our facility for long term customers, the goods are ancient and do nothing but help serve to prop up the balance sheets for the owners because they are classed as assets.
Edit: Perhaps this is what we are doing with Phil Jones. Keeping a dusty old Jones locked away in the store room just to keep him on the list of company 'assets.'
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And what could realistically be the role of a 5th CB? Our captain always plays, Varane will likely play a lot too… Even Lindelof may only hope for limited game time - so Jones is en route to getting on the bench in easier League cup games perhaps?
Its because we have a partnership agreement with Unicef so thats why we believe in charity and thats why we are willing to keep those ancient players .
For the purposes of player signings, it means taking the transfer fee, adding the total salary the player will receive according to the contract then dividing it by the number of years on the contract, basically spreading the total cost over multiple years. So as an example, you buy a player for 20m then give him a 5 year 2m per year contract which add together is 30m. Divide it by 5 you get 6m per year.Does amortization mean paying something back in instalments? I've googled it but my simple mind struggles to comprehend what exactly amortization is
That Batshuayi vid is the most cringiest thing Ive ever seen.
I find it hard to believe they will be willing to sell Cherki. He is their crown jewel no?
It will before he signed his first professional contract with Lyon. We weren't the only ones to try either if I remember right.
By all accounts he was/is highly rated, but considering that he has barely made it and already has attitude problems, is worrying.
Great video. Love it.
That's a good signing at a reasonable price. Certainly a much better deal than £70m for Maddison!
I think Jones knows his career is over. He's here to squeeze as much money out of United as he can until his contract expires then I honestly think he'll consider early retirement.
Signs a new contract
That’s Chelsea’s way. Threaten banishment if extensions not signed so that whenever the time comes to sell, they will always get value.
So that's around £70m or so raised between Odegaard and Varane, plus whatever Ramos was on off the wage packet. Decent enough outgoings in the current market, but I'm sure they were hoping to chuck more away.
Sounds like the sporting director is spitting his dummy out after a bad loss.
Thought he retired 2 years ago!
The other players: Amad and Teden Mengi
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