Player Watch Player Watch: Pedro Porro

Russ1201 · Jan 30, 2023

spurs mental said:
The name calling, no matter what you think of him, is grating now at this stage. Seriously. There's no need for it.

I think his been called a lot worse mate its only a bit of banter.

spurs mental · Jan 30, 2023

Russ1201 said:
I think his been called a lot worse mate its only a bit of banter.

Regardless of it being banter, I've seen many a good post ruined by that sort of thing lately.

Its making this place a lot more toxic than it needs to be.

Russ1201 · Jan 30, 2023

spurs mental said:
Regardless of it being banter, I've seen many a good post ruined by that sort of thing lately.

Its making this place a lot more toxic than it needs to be.

OK sorry if I have offended you.

Oscar22 · Jan 30, 2023

Someone save me reading 40 pages, are we currently on, or off?

PaulThurston · Jan 30, 2023

Not sure, but Alan Sugar's private jet which has been parked at an airfield near Lisbon since Friday landed at Luton an hour ago.

spurs mental · Jan 30, 2023

Russ1201 said:
OK sorry if I have offended you.

I know you're trying to be funny here, or at least I think you are, but you haven't offended me. Just bored seeing names for him thrown about everywhere.

I want change as much as anyone. But just dont think there's any need for the names. ?

SpartanSpur · Jan 30, 2023

PaulThurston said:
Not sure, but Alan Sugar's private jet which has been parked at an airfield near Lisbon since Friday landed at Luton an hour ago.

Probably some of his apprentice idiots back from a task!

hutchiniho · Jan 30, 2023

Oscar22 said:
Someone save me reading 40 pages, are we currently on, or off?

The best summary is - No one knows.

dirtyh · Jan 30, 2023

Oscar22 said:
Someone save me reading 40 pages, are we currently on, or off?

the rest of us have to wade through this shit, buckle up (y)

Russ1201 · Jan 30, 2023

spurs mental said:
I know you're trying to be funny here, or at least I think you are, but you haven't offended me. Just bored seeing names for him thrown about everywhere.

I want change as much as anyone. But just dont think there's any need for the names. ?

I'm not trying to be funny I apologised as you didn't like what I posted.

PaulThurston · Jan 30, 2023

hutchiniho said:
The best summary is - No one knows.

Well, several people probably know but sadly they're not telling us. ?‍

mil1lion · Jan 30, 2023

PaulThurston said:
Well.

G-SUGR has flown from Lisbon to Luton in the last hour...

Follow Flight G-SUGR from Bangor, ME to London Stansted on AirNav RadarBox

Real-time flight tracking with one of the best and most accurate ADS-B coverage worldwide. Check airport arrivals and departures status and aircraft history.

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The episode of the Apprentice where team Phoenix have to sign a player for Spurs.

You've cost me another bloody transfer, you're fired!

Snarfalicious · Jan 30, 2023

Bluto Blutarsky said:
It seems like there is some misperceptions of the details - accounting-wise - when it comes to transfers.

There are two issues that businesses have to worry about - accounting profits and cash flow. Those two items are loosely connected, but not equivalent. I am going to layout a simplified scenario.

For example - let's take Player X - who we bought 4 years ago, for £50M, and signed to a 5-year contract. In the terms of the purchase - we agreed to make 3 installments of £16.6M/year.

Today - we sell Player X for £30M, and agree to accept 3 installments of £10M/year.

From an accounting standpoint, Player X is worth £10M on our books - because we amortized the original £50M over 5 years, the length of his contract. That means we charged £10M/year towards our expenses (as opposed to the entire £50m in year 1). So when we sell him for £30M - we will record £20M in profits - even though we only received £10M in cash. A lot of people look at this as "selling for a loss" - but from an accounting perspective, this is a profitable sale.

So we have £20M in profits, but only £10M in the bank.

At the same time, we agree to buy Player Y for £20M, and agree to pay in 2 installments of £10M/year. Player Y signs a 5 year contract. So, from a cash flow point of view - we are out £10M, but from an accounting standpoint, we will only charge £4M towards our expenses this year.

Combining these two transactions and we would show £16M in profits, but have no money in the bank. So, even though we are profitable - we have a cash flow issue that prevents us from any further transactions.

FFP is primarily only concerned with the accounting aspect - not the cash flow aspect. But, the cash flow aspect can be just as restricting. And, that is what I think is hindering Spurs, and also what makes it difficult to pull off a transfer where the entire fee is expected up front. Hypothetically, if we had £45M in the bank - we could have expected to use that to cover the installments for 3 transfers, but if we used it all on 1 transfer - we could still be profitable, but not able to conduct more business with out an influx of cash - either loan or investment. I think the reason Levy is looking form more investment, and why he persuaded Lewis to inject money last year is that while we are profitable, we may have a cashflow issue which hinders our ability to spend like Chelsea/Arsenal/City/Liverpool/United, etc. despite having record profits. Remember - Profits does not equal cash on hand.

Well, Mr. Blutarsky. I'm glad you got it all figured out and turned that 0.0 GPA into a degree.

jurgen11 · Jan 30, 2023

Tezza1978 said:
Come on Spurs, I've got 3 client meetings in London tomorrow that my boss is attending with me , I don't want to be distracted Get it over the line!

Oscar22 said:
Someone save me reading 40 pages, are we currently on, or off?

Onff

Snarfalicious · Jan 30, 2023

Is all the time we are taking to get Porro figured out going to impact our ability to sign Gvardiol before the deadline?

Yid-ol · Jan 30, 2023

Oscar22 said:
Someone save me reading 40 pages, are we currently on, or off?

Transfer off...

Burn levy!

Transfer might be on...

Burn levy for not having this done already

City letting a player leave in a different position

Burn levy, it's happening again! Why always us.

Sporting lining up a replacement.

Burn levy! Should have paid release clause, it's that simple.

Think I covered most of it

Bluto Blutarsky · Jan 30, 2023

Snarfalicious said:
Well, Mr. Blutarsky. I'm glad you got it all figured out and turned that 0.0 GPA into a degree.

I went on to become a US Senator - so I hire people to do all the accounting stuff now...

PCozzie · Jan 30, 2023

SpartanSpur said:
Probably some of his apprentice idiots back from a task!

I'm assuming that task was to sign Pedro Porro from Sporting Lisbon?

Archibald&Crooks · Jan 30, 2023

spurs mental said:
I know you're trying to be funny here, or at least I think you are, but you haven't offended me. Just bored seeing names for him thrown about everywhere.

I want change as much as anyone. But just dont think there's any need for the names. ?

This is bad news..........So I can't use Toulouse Lautrec, Willow, Short-Round, R2D2, Rumpelstilskin, Danny Dinklage, Scrooge McDuck, The Dalai Levy or Shortshanks any more?

Fucks sake

GetKaned · Jan 30, 2023

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