Saido Berahino

[Shadydan]

Well if you take a look at our last published finances in 2015, add in the redesign of the stadium to incorporate the NFL, the technology for which has seen costs spiral - the whole NDP project now estimated to cost over £700M - and show me where the spare £20M to spend in a lump sum on a player is, I'll be happy to stand corrected.

Weren't we going to spend that much on Berahino in the summer?

 

[thebenjamin]

Weren't we going to spend that much on Berahino in the summer?

In instalments.

 

[Deleted member 27695]

It seems that Newcastle did indeed make a £21M lump sum offer. If that's the case then we're nowhere near able to compete with them financially.

Now isn't the time to chuck money about like that. Shows the desperation up there. Thank God we're not in that position

 

[Shadydan]

In instalments.

If we were in Newcastle's position (desperate) do you not think we'd go all out like they have and put a cash lump some down?

 

[donny1013]

He has definitely put on some timber this season. Would probably need a mini pre season.

 

[Larryjanta]

The fact the BBC think that Pritchard is done yet neither club has announced it makes me hopeful on Berahino. Would still love him so hope this is the case!

 

[worcestersauce]

You have to begin to wonder if we came to a kind of understanding that West Bromwich Albion wanted to keep him till the summer but wouldn't hold him back then so we stopped pushing let him know we want him to play his best for the rest of the season and would want in the summer.
I reckon that is something his agent would consider a good idea, he helps Albion, he proves himself and he gets his move.
The Pritchard move completely threw me, I just could not see that coming and to be honest I still can't get my head around it unless there is something behind it.
Of course we now have Newcastle and Stoke jumping in throwing money around so maybe they got wind we weren't pushing it and thought that left a window open for them.
If West Brom reject all offers I will begin to think I am right.

 

[JayX]

BBC seem to think the Pritchard move is done.

 

[Deleted member 27695]

Pritchard is at WBA now

 

[newbie]

Pritchard is at WBA now

Is this a loan ? better be a i really like the little fellow its a bloody good footballer

 

[JayX]

I don't think this means Berahino is coming to us - more hope than anything! (on my part anyway).

 

[thebenjamin]

If we were in Newcastle's position (desperate) do you not think we'd go all out like they have and put a cash lump some down?

Impossible to speculate on hypotheticals, all I'm saying is we do not have £20M sitting around the place to drop in one go on a player. Even the most basic look at our balance sheet tells you that.

The THFC first team has funded itself for the last 6 years. So it doesn't take a genius to work out what we have to spend today is whatever we have brought in this month ie what the Townsend deal was. Probably a few mill up front and the rest due over his contract. Maybe plus whatever the Fazio deal is, if that happens.

I don't think people are quite grasping the enormity of the NDP - we need to find £700M plus. It is going to financially fuck us for years. In reality there may well come a time when even the money we make by selling players will have to go straight into the stadium, but for the moment we are spending what we make on transfers.

Presumably Newcastle are well aware of this, and hence by making a cash bid they blow us out of the water.

 

[The Long Suffering One]

Newcastle have landed Doumbia. Surely that ends their pursuit of SB..

 

[stewartd]

Well if you take a look at our last published finances in 2015, add in the redesign of the stadium to incorporate the NFL, the technology for which has seen costs spiral - the whole NDP project now estimated to cost over £700M - and show me where the spare £20M to spend in a lump sum on a player is, I'll be happy to stand corrected.

The £700m is spread over the next 3or4 years. During which time we will have sold the naming rights and received massive increases from TV money which will benefit our profitability.
To say we cant raise 20 million today is very naïve.

 

[Gbspurs]

Newcastle have landed Doumbia. Surely that ends their pursuit of SB..

Newcastle will be good fun on Fifa next season.

 

[thebenjamin]

The £700m is spread over the next 3or4 years. During which time we will have sold the naming rights and received massive increases from TV money which will benefit our profitability.
To say we cant raise 20 million today is very naïve.

You're not reading what I wrote. We could obviously raise money, I'm saying we do not have £20M in spare cash to spend. We would have to borrow it.

 

[absolute bobbins]

Impossible to speculate on hypotheticals, all I'm saying is we do not have £20M sitting around the place to drop in one go on a player. Even the most basic look at our balance sheet tells you that.

Nobody is stupid enough to have £20m sitting around, there's no point in having it sitting there in a current account because it's not working for you.
We use an overdraft on Deadline Day because we'll only pull money from investments if we need to do so, mainly because when you yank money from an investment at short notice you usually pay a hefty penalty.

 

[Sandro30]

http://www.standard.co.uk/sport/foo...ear-deal-will-miss-the-deadline-a3169796.html

Tottenham have spoken to West Brom about signing Saido Berahino but remain worried the deal will prove too difficult to complete.

Spurs chairman Daniel Levy and his Albion counterpart Jeremy Peace were thought to have been in contact in the last 24 hours to discuss Alex Pritchard’s loan move to The Hawthorns and Berahino was also on the agenda.

Tottenham are unwilling to match the offers of Newcastle and Stoke, and Peace has no interest in discussing a transfer unless he received a bid of at least £25million.

Newcastle were ready to offer that sum as straight cash, but Standard Sport understands Berahino has always favoured a move to White Hart Lane. If the forward received encouragement a switch may happen, even in the summer, it is thought he would consider turning down Newcastle if they had a bid accepted today.

The deal for Pritchard, who hopes to make his West Brom debut against Swansea on Tuesday if the move is finalised in time, was unconnected to Berahino in this window.

But it shows that the rapport between West Brom and Tottenham has improved considerably since last summer, when Albion turned down four bids from Spurs for Berahino and relations between the clubs turned very sour.

Tottenham have been counting on two factors with Berahino: the player’s own wishes, and Peace’s possible reluctance to sell to Newcastle, who are fighting with West Brom for survival. But with the clock ticking down, Spurs concede their chances of success are relatively slim.

 

[worcestersauce]

Nobody is stupid enough to have £20m sitting around, there's no point in having it sitting there in a current account because it's not working for you.
We use an overdraft on Deadline Day because we'll only pull money from investments if we need to do so, mainly because when you yank money from an investment at short notice you usually pay a hefty penalty.

This is my understanding, over the last decade we have always arranged a line of revenue that we can use for every window should we need to call on it.

 

[Deleted member 27695]

Is this a loan ? better be a i really like the little fellow its a bloody good footballer

Yea from the looks of it. I'm surprised, personally. Was looking forward to seeing him this season & WBA just doesn't feel a great fit. The goons took Gnabry back because it wasn't happening for him. Goes to show talk about Chairman feuds is complete bullocks though. It's a sport, a business & money usually talks. Plus a bit of common sense.