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Player Watch Player Watch: Pedro Porro

Ginola+Tonic

Well-Known Member
Aug 27, 2021
1,472
9,253
Tick tock another spurs balls up masterclass incoming. I fear if we don't have anything confirmed by later tonight I seriously doubt it can be rescued tomorrow.
Levy will still be let off as he has the easiest ride possible by the fans for a premier league club.
Oh they’ll be some sort of update tonight surely, by watershed tonight I’ll think we’ll know either way.
 

Trix

Well-Known Member
Jul 29, 2004
19,667
332,028
Thread just for aggregator posts? I agree they’re a bucket of shit mainly but at least said bucket of shit would be in one place and not stinking up the other threads
you reckon people would stick to it, or would they get all weak at the knee's at this brand new information because they've added an apostrophe and feel the need to post it wherever the fuck they liked?
 

SandroClegane

Well-Known Member
Jun 27, 2012
3,717
13,842
Thread just for aggregator posts? I agree they’re a bucket of shit mainly but at least said bucket of shit would be in one place and not stinking up the other threads
It would still creep into every thread. It would just be people going "Rumors that *Insert aggregator rumor here*" and then would cause the same shitshow
 

Yid-ol

Just-outside Edinburgh
Jan 16, 2006
31,208
19,474
you reckon people would stick to it, or would they get all weak at the knee's at this brand new information because they've added an apostrophe and feel the need to post it wherever the fuck they liked?

Honey trap, let them all post in there, then A&C knows who to ban! :cautious:


I think a lot of the meltdowns are linked to so many of these posts from Twitter. Any slight change/issue and it kicks off.
 

spursfan77

Well-Known Member
Aug 13, 2005
46,701
104,998
I reckon it breaks down tonight while I’m playing football only for it it be resurrected tomorrow for it to be a race against the fax machine breaking down in the evening.
 

Russ1201

Well-Known Member
Aug 8, 2019
3,482
6,579
Oh they’ll be some sort of update tonight surely, by watershed tonight I’ll think we’ll know either way.
More likely with those clowns be on Wednesday morning and via spurs media page with some shit about how hard a deal it was and was all Sporting Lisbon fault...
Yet we will all be angry for a day or two and then it will calm down until Conte walks.
Same shit every transfer window.
 

Pochemon94

Well-Known Member
Aug 6, 2019
1,617
4,390
This is some pretty dumb gaming by SL. If the deal falls through, they will have a very unhappy chappie at the club. But I suppose he is their player and they are entitled to go for as much as they can get. But so late in the window is super risky.
He ain’t going to throw a fit. Their ultras showed up to the training ground and held the team hostage with guns. I don’t think he would like to piss them off too much…
 

SandroClegane

Well-Known Member
Jun 27, 2012
3,717
13,842
More likely with those clowns be on Wednesday morning and via spurs media page with some shit about how hard a deal it was and was all Sporting Lisbon fault...
Yet we will all be angry for a day or two and then it will calm down until Conte walks.
Same shit every transfer window.
Probably not good for your health to get "pre-angry" like this over a scenario you made up in your head
 

Russ1201

Well-Known Member
Aug 8, 2019
3,482
6,579
Well.

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

Levy coming home as his meeting finished at 5pm. He be really chuffed with himself as another day goes without an agreement in place. 1 day to go for Baldylocks to start counting the money he saved this window.
 

Bluto Blutarsky

Well-Known Member
Mar 4, 2021
15,294
71,177
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.
 
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