Player Watch Player Watch: Pedro Porro

[Yapptiestrap]

Porro has actually been a Spurs player for 2 weeks but these intermediaries are desperately trying to fill their meeting hour budget for the month!!

Could’ve solved this January 1st by going to Salt Bae’s restaurant and buying 3 red bulls.

 

[Nebby]

I wonder if they are trying to flush out other buyers and run up the price?

 

[hughy]

I wonder if they are trying to flush out other buyers and run up the price?

I honestly can't think of a club in Europe who have both the need and the funds for a player like him. The closest would have probably been Chelsea, but I doubt even they would drop £50m on another RWB having just signed Gusto days ago. They'll be set next season with him and James.

 

[jurgen11]

To be fair, it’s a meeting to decide whether they need a meeting. Presumably after that they’ll meet to go over what they went over in the last meeting, and agree to meet again to decide if they should meet again.

Basically an expense account is getting rinsed.

Who’s taking the minutes

 

[Harrier]

Roll on the 1st of Feb, and an end to this nonsense for a few months!

 

[Russ1201]

Who’s taking the minutes

Fab Romano

 

[razor1981]

Who’s taking the minutes

Maybe Djed Spence. He's not getting minutes anywhere else.

 

[Neon_Knight_]

FFP is just not an issue for us in the slightest, so pointless bringing it up

I wasn't the one who brought it up - @rebrab was.

Outstanding cash payments is irrelevant to FFP. That is purely a cash transaction.
FFP takes into account the players purchase price and depreciates it over life of contract.
We have best part of a billion spend available to us for FFP purposes (you can add back youth and infrastructure costs, so the stadium, and Covid allowances) although we certainly don’t have a billion spare for cash purposes.

The contracts for permanent deals for Kulusevski, Lenglet and Danjuma haven't been signed yet, so we still have the full values of their transfer fees (or transfer fees for alternative signings) to factor in. Just because a transfer fee is spread over the duration of the contract, it doesn't mean the cost just vanishes from the books. What it actually means is that it impacts on subsequent transfer windows / financial years, rather the only the year that a player is signed in. Please correct me if I'm way off, but based on approximate transfer fees, I believe we currently have somewhere in the ballpark of £112.5m of player depreciation going through on the accounts each year, which means we have less money available to spend on players than if we didn't have this eight-figure annual liability on the books.

Moura - £25m over 5 years = £5m per year until 2023
Sanchez - £42m over 6 years = £7m per year until 2023
Reguilon - £27m over 5 years = £5.4m per year until 2025
Doherty - £15m over 4 years = £3.75m per year until 2025
Hojbjerg - £15m over 5 years = £3m per year until 2025
Rodon - £11m over 5 years = £2.2m per year until 2025
Sessegnon - £24m over 6 years = £4m per year until 2025
Ndombele - £55m over 6 years = £9.2m per year until 2025
Lo Celso - £32m over 5 years = £12m per year until 2025
Gil - £25m over 5 years = £5m per year until 2026
Sarr - £15m over 5 years = £3m per year until 2026
Emerson - £22m over 5 years = £4.4m per year until 2026
Bentancur - £17m over 4 years = £4.25m per year until 2026
Bissouma - £25m over 4 years = £6.25m per year until 2026
Richarlison - £60m over 5 years = £12m per year until 2027
Romero - £45m over 5 years = £9m per year until 2027
Spence - £12.5m over 5 years = £2.5m per year until 2027
Udogie - £16m over 5 years = £3.2m per year until 2027
*Kulusevski - £30m over 5 years = £6m per year until 2028
*Danjuma - £27m over 5 years = £5.4m per year until 2028
Total - £112.5m per year

*Assuming they are signed permanently, or replaced with someone of the same value.

I'm unsure of exactly how this works out for the players we've sold, so I've made the (incorrect) assumption that incoming instalments cancel out the outstanding depreciation for Bergwijn, Clarke & Foyth.
We don't know haver an option to buy Lenglet, so I've omitted him, even though the squad is a player short without him.

 

[Neon_Knight_]

This is correct but at the same time we didn't spend any money when we signed them. It's all well and good saying well we have to pay x amount this year ignoring we've paid out nothing or very small amounts in previous windows. I haven't looked into it but as for all the financials doing the rounds regarding how much we've spent compared to Arsenal for instance do they show those players as being signed for the money we are going to pay? or are they not included at all?

Is this roughly right, or am I misunderstanding how player amortisation works?

I wasn't the one who brought it up - @rebrab was.

The contracts for permanent deals for Kulusevski, Lenglet and Danjuma haven't been signed yet, so we still have the full values of their transfer fees (or transfer fees for alternative signings) to factor in. Just because a transfer fee is spread over the duration of the contract, it doesn't mean the cost just vanishes from the books. What it actually means is that it impacts on subsequent transfer windows / financial years, rather the only the year that a player is signed in. Please correct me if I'm way off, but based on approximate transfer fees, I believe we currently have somewhere in the ballpark of £112.5m of player depreciation going through on the accounts each year, which means we have less money available to spend on players than if we didn't have this eight-figure annual liability on the books.

Moura - £25m over 5 years = £5m per year until 2023
Sanchez - £42m over 6 years = £7m per year until 2023
Reguilon - £27m over 5 years = £5.4m per year until 2025
Doherty - £15m over 4 years = £3.75m per year until 2025
Hojbjerg - £15m over 5 years = £3m per year until 2025
Rodon - £11m over 5 years = £2.2m per year until 2025
Sessegnon - £24m over 6 years = £4m per year until 2025
Ndombele - £55m over 6 years = £9.2m per year until 2025
Lo Celso - £32m over 5 years = £12m per year until 2025
Gil - £25m over 5 years = £5m per year until 2026
Sarr - £15m over 5 years = £3m per year until 2026
Emerson - £22m over 5 years = £4.4m per year until 2026
Bentancur - £17m over 4 years = £4.25m per year until 2026
Bissouma - £25m over 4 years = £6.25m per year until 2026
Richarlison - £60m over 5 years = £12m per year until 2027
Romero - £45m over 5 years = £9m per year until 2027
Spence - £12.5m over 5 years = £2.5m per year until 2027
Udogie - £16m over 5 years = £3.2m per year until 2027
*Kulusevski - £30m over 5 years = £6m per year until 2028
*Danjuma - £27m over 5 years = £5.4m per year until 2028
Total - £112.5m per year

*Assuming they are signed permanently, or replaced with someone of the same value.

I'm unsure of exactly how this works out for the players we've sold, so I've made the (incorrect) assumption that incoming instalments cancel out the outstanding depreciation for Bergwijn, Clarke & Foyth.
We don't know haver an option to buy Lenglet, so I've omitted him, even though the squad is a player short without him.

 

[LukaMotion]

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 by this saga/this bloody thread!!
Get it over the line!

You don't work for Sporting Lisbon by any chance?

 

[bat-chain]

 

[Russ1201]

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.

 

[Sloop]

All this Porro saga sounds like an Agatha Christie novel. It keeps the little grey cells moving.

Maybe we'll get some Hercules Porro ITK

 

[Trix]

Is this roughly right, or am I misunderstanding how player amortisation works?

I'm no expert, but that's a far better reflection of things than Net spend imo, which is basically useless in the grand scheme of things and means nothing as to where you are as a side or how far you are infront/behind other clubs.

 

[spurs mental]

Porro is preparing to leave Sporting and did not train.

Article says he was given permission so he could finalise the move.

 

[SpursSince1980]

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.

 

[Russ1201]

Wonder how levy's meeting went as it should be over now as he only does Mon-Friday 9-5pm so better hope it's done by 5pm tomoro ?

 

[Yapptiestrap]

Porro is preparing to leave Sporting and did not train.

Article says he was given permission so he could finalise the move.

Said that source out loud and my phone started floating

 

[alfiemacdaddy]

Aggregators. It'd be a bastard to implement if we totally banned them, I mean, we currently ask that people don't post them and they still do, either not giving a fuck or not understanding what an aggregator is.

It'd be a monumental task getting the message across because people still follow bullshit Twitter accounts run by idiots, trolls and the terminally thick and then run back to SC out of breath in a rush to post the latest lie. It's a platform open to far too many agenda riddled idiots, populated by spiteful ****s, bullshitting liars and gullible fools who race to get followers by posting falsehoods and nastiness and people buy it. They fucking buy it!

Far easier to just ban Twitter from the Transfer Threads completely than aggregators. Which I have been gagging to do since Twitter was invented

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

 

[bomberH]

I’m quietly confident this will go through.

On a separate note, has anyone else’s 23/24 season ticket risen from £1000 to £2.6M?