Player Watch - Tanguy Ndombele

[Guntz]

Time to start learning Turkish buddy

 

[homer hotspur]

You have to take into money when considering worst signings.
He only cost about £1m, even in the late 90’s that wasn’t significant.

You could reel off a massive list of players ‘worse’ than Ndombele but given his fee and wages, I’m struggling to think of a worse signing.

Tango Tango Man GIF – Tango Tango Man Tango Ad – discover and share GIFs

Click to view the GIF

tenor.com

Spurs fans are the 3 blokes

 

[robertgoulet]

Rounding some numbers to make it easier to math, but if you say he makes 150K/wk and has 2 yrs left, we owe him 15.6M in salary.

We'd also have 2 yrs left of amortization on his transfer fee (65M), which is 26M.

So is an ACTUAL loss a fee that comes in less than remaining salary + amortization? Or if he agrees to a move does the remainder of our contract with him disappear? Or do we pay the difference between his new contract and what we owed (say if he signed for 100K/wk we'd pay equivalent of 50K/wk over the 2 yrs to make him go away)?

 

[Tony-Bish]

Can we make him train on his own and get him to do shuttle runs / bleep tests every day, so that one of these other clubs seem more appealing? Manage him out so to speak.

And then fine him a weeks wages when he doesn’t train properly. Keep that up for the remainder of his contract

 

[worcestersauce]

He aint gonna leave so pay him off and be done with

I suspect we'd only do that after the window closes when there's no longer a possibility of selling him.

 

[Dannyspur]

I would imagine a chunk of his pay is based on appearances, win bonuses etc. he wouldn’t be entitled to those if we paid off his contract. Offer him a smaller lump sum to go and if he doesn’t accept, then put him on gardening leave. He would then have to fund his own training to stay fit enough to have a chance of finding a club to take him at the end of his contract.

 

[mil1lion]

I suspect we'd only do that after the window closes when there's no longer a possibility of selling him.

Maybe wait for the Saudi window to close and then release him if no takers.

 

[Albertbarich]

I think he is waiting for something hence him allegedly saying no to a couple of things

Maybe France, maybe Napoli have said they will be back

I reckon he goes but it's late and on unfavorable terms for us .

 

[vegassd]

Rounding some numbers to make it easier to math, but if you say he makes 150K/wk and has 2 yrs left, we owe him 15.6M in salary.

We'd also have 2 yrs left of amortization on his transfer fee (65M), which is 26M.

So is an ACTUAL loss a fee that comes in less than remaining salary + amortization? Or if he agrees to a move does the remainder of our contract with him disappear? Or do we pay the difference between his new contract and what we owed (say if he signed for 100K/wk we'd pay equivalent of 50K/wk over the 2 yrs to make him go away)?

I think if we sold him, then the profit or loss would technically come in as the selling fee minus the amount amortized so far. I think any future amortization amounts cease to exist once a player is sold. But that's just from reading the odd online article here and there... far from definitive.

It's probably part of why terminating contracts gets a bit sticky. If we use your spitball numbers for the sake of argument, my guess would be that terminating Ndombele's contract would go down as a £40m-ish hit on the books this summer (salary + future amortization).

I know that as fans we shouldn't care too much about money, and Spurs are apparently the "third most profitable sports team in the world" or whatever, but you would imagine that the people who are tasked with crunching the numbers will have to consider that sort of stuff.

 

[ikky]

Levy tried to block Saudi buying Newcastle but if any Saudi club wanted to pay money for any of our players he'd bite there hand off.

Or chop it off

 

[TheHodFather]

I think if we sold him, then the profit or loss would technically come in as the selling fee minus the amount amortized so far. I think any future amortization amounts cease to exist once a player is sold. But that's just from reading the odd online article here and there... far from definitive.

It's probably part of why terminating contracts gets a bit sticky. If we use your spitball numbers for the sake of argument, my guess would be that terminating Ndombele's contract would go down as a £40m-ish hit on the books this summer (salary + future amortization).

I know that as fans we shouldn't care too much about money, and Spurs are apparently the "third most profitable sports team in the world" or whatever, but you would imagine that the people who are tasked with crunching the numbers will have to consider that sort of stuff.

Terminating Ndombele's contract would mean took an immediate hit of £21.7m (2/6 of the £65m we payed for him - he's been here four years, folks!) on the player value side. And that's assuming we didn't pay up any of his contract.

If we had to pay out his contract in full as well then that would indeed take the immediate hit to just under £40m.

However, the important thing is that we're on the hook for that circa £40m anyway if he just sits around not playing. It's only a timing issue. And given we've just had a straight £100m profit from the sale of Kane, now might actually be a good time to take that hit as we can offset the loss against the profit we made on the Kane sale.

 

[kd2000]

I suspect we'd only do that after the window closes when there's no longer a possibility of selling him.

If we did it after the window closes he couldn't sign for anyone until January.
Not sure if we would be that cut throat, nor would I want us to.
Yes the transfer has not worked out, he must take on his share of the blame but ultimately he is paid very well for doing what many class is very little as per the terms of the contract our club agreed to give him.
If we are going to tear up the contract, at least do it just before the window closes so that he can register elsewhere. That's what a decent club would do

 

[kd2000]

Terminating Ndombele's contract would mean took an immediate hit of £21.7m (2/6 of the £65m we payed for him - he's been here four years, folks!) on the player value side. And that's assuming we didn't pay up any of his contract.

If we had to pay out his contract in full as well then that would indeed take the immediate hit to just under £40m.

However, the important thing is that we're on the hook for that circa £40m anyway if he just sits around not playing. It's only a timing issue. And given we've just had a straight £100m profit from the sale of Kane, now might actually be a good time to take that hit as we can offset the loss against the profit we made on the Kane sale.

Unless we made signings in the knowledge Kane was going, in which case it no longer becomes profit as such and may actually mean the difference between signing a bargain basement player and a half decent player

 

[KingNick]

I would imagine a chunk of his pay is based on appearances, win bonuses etc. he wouldn’t be entitled to those if we paid off his contract. Offer him a smaller lump sum to go and if he doesn’t accept, then put him on gardening leave. He would then have to fund his own training to stay fit enough to have a chance of finding a club to take him at the end of his contract.

So breach his contract you mean? Sounds sensible.

 

[TheHodFather]

Unless we made signings in the knowledge Kane was going, in which case it no longer becomes profit as such and may actually mean the difference between signing a bargain basement player and a half decent player

Any signings we made this summer will have zero *immediate" impact on profit and loss. You pay e.g. £40m for a player and and get an asset worth £40m so the *immediate* profit and loss impact is zero.

It's literally how Chelsea have been able to spend so much money without breaking FFP.

But they will have to recognise that cost over future years which is where they might come unstuck - basically they need these players to come good and/or for their academy to keep producing players otherwise they'll be in touble.

EDIT: And no, I'm not an accountant! I just have to deal with accountants a lot...

EDIT2: I think a lot of our financial "issues" are specifically about not borrowing any additional money as the terms on our stadium debt may get worse if we take on more debt. So cashflow (which is not the same as profit and loss) is probably more important to us than other clubs.

 

[Dannyspur]

So breach his contract you mean? Sounds sensible.

Depends what his contract says, if it says he should turn up to training on time and he’s not doing that, he’s in breach too.

 

[KingNick]

Depends what his contract says, if it says he should turn up to training on time and he’s not doing that, he’s in breach too.

His contract does not give the club the right to put him on gardening leave and make him pay for his own training

 

[yido_number1]

Or chop it off

If we're gonna get upset about the Jewish references (Rightly so) we need the same energy for Islamic slants as well. There is an increasing amount of islamaphobia creeping into the debate on this site since Newcastle and Man City. This is a welcoming site and I think it needs to be called out.

At the same time I respect people calling out the poor human rights records.of Saudi especially with homophobia but keep it on the right side of the line.

 

[Dannyspur]

His contract does not give the club the right to put him on gardening leave and make him pay for his own training

Ok fair enough, then let him train with the youngsters.

 

[worcestersauce]

If we did it after the window closes he couldn't sign for anyone until January.
Not sure if we would be that cut throat, nor would I want us to.
Yes the transfer has not worked out, he must take on his share of the blame but ultimately he is paid very well for doing what many class is very little as per the terms of the contract our club agreed to give him.
If we are going to tear up the contract, at least do it just before the window closes so that he can register elsewhere. That's what a decent club would do

Can he not? Is he not a free agent from then?