Player Watch Player Watch: Pedro Porro

[Trotter]

What are administrative fees?

Basically the interest/cost of capital.
We are not willing to pay the 45m up front from our own cash.
In order to do that though, the cost of capital is 3m EUR.l compared to payment terms we would want.
Crudely Day 1 Sporting get 45m from leasing company, we take out a lease agreement total repayments of 48m payable over a couple of years.
Based on what is being said we agreed to doing the above verbally, now are are saying no, we will just pay you the 45m over a couple of years, reneging on the deal.

 

[muppetman]

I don't really know enough about how transfers work, but are we only allowed to negotiate during the window or is it actually sign in that period?

 

[thecook]

Pizzas ordered for all the meeitngs

tbf a Dominos for a family of 4 is almost as much

 

[chrissivad]

Let's not blame Sporting in this. This bulls / hold up is squarely down to Tottenham.

You have nothing to suggest it's only down to Tottenham on this.

Honestly the state of this thread is really putting me off this site at the moment.

And there is plenty of stuff we can blame levy for, we don't need to force more stuff for the sake of it

 

[RobjDerby]

Chelsea have signed 7 players (none out) since Jan 1st. (about to make it 8 with another $100m)
We've got Daniel Juma on Loan.

 

[mil1lion]

2.6m is actually a lot on top of the max you're willing to go too. Its not a lot to a top team but for a club who squeezes everything out of a deal under Levy its a lot. Penny Pinchers FC.

 

[GetKaned]

Baldy needs to take this deal on now as fab base are struggling to close it.

In before Levy renegging the reneg with 3mn + Sessegnon

 

[mark87]

tbf a Dominos for a family of 4 is almost as much

Their fault for not ordering on two for tuesdays

 

[Cavehillspur]

Baldy needs to take this deal on now as fab base are struggling to close it.

Doesn't sound promising.

Thanks for the update.

 

[U.S. Spurs Fan]

Have lessons been learned though?

 

[mark87]

Chelsea have signed 7 players (none out) since Jan 1st. (about to make it 8 with another $100m)
We've got Daniel Juma on Loan.

Is that is name?

 

[Bing]

You don't know whether this 'admin fee' is the real reason for this impasse.

Yeah seems suspect...normally when it comes to things like admin fees there's a standard practice people follow (think stamp duty on buying a house). In the event there's not, it becomes a discussion and would usually just get split 50/50 given the size and the context and importance of the deal....even if it's not split in the event one side has more leverage (Porto in this case) the other side would just eat it to get the deal done. It's shite but you look at the wider context...would be unusual to just walk away.

If this is really what is happening and we miss the deal due to £2.6m it is inexcusable but I am sceptical to be honest.

 

[Yapptiestrap]

Porro won't be too happy after that long goodbye to the fans. I don't think Sporting hold the cards here, Porro won't want to be staying.

I retract my previous statements in the last couple of days about Anthony Gordon.

 

[thecook]

Their fault for not ordering on two for tuesdays

That'll be for tomorrow's meeting!

 

[Nick-TopSpursMan]

Reading through the articles from Portugal and seeing Gary Jacob's tweet, it seems to me like we agreed to pay €45m euros with Sporting then paying a fee of €3m euros to finance the package so they receive the payment upfront.

Now Sporting have told us we need to pay that €3m fee. Hence Romano, Ornstein etc saying they've changed the conditions of the deal.

Just my take on it trying to piece together the difference pieces of information.

 

[spurs mental]

Let's not blame Sporting in this. This bulls / hold up is squarely down to Tottenham.

It's really not, if you read the thread.

 

[Yapptiestrap]

Is that is name?

Can he play right-back?

 

[Led Revolver]

If it is the case of £2.6m, Daniel can just take it out of the transfer kitty where we were the only team in Europe not to sign anyone.

Problem solved!

 

[Yapptiestrap]

 

[double0]

@

You have nothing to suggest it's only down to Tottenham on this.

Honestly the state of this thread is really putting me off this site at the moment.

And there is plenty of stuff we can blame levy for, we don't need to force more stuff for the sake of it

Are you on the pay roll or what ... what is your problem.

It was a clear/ simple deal. Levy as usual wants to negotiate and be clever.