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The Daily ITK Discussion Thread - 24th June 2022

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yawa

Well-Known Member
Aug 9, 2005
12,595
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Possibly but I imagine you need the money to cover the deal over the duration somehow otherwise you are literally spending money you don't have and are gambling you'll get the money in from somewhere.
Don't get me wrong I know nothing of how this works but I don't think you'd spend all your money this year thinking you will get some more next year.

Surely that’s budgeting. We’re going to make X from TV and Gate receipts. Our expenditure is wages and loan repayments and therefore we’re left with approx £X a month.

I mean it’s what most companies do to know how many staff they can afford.
 

EastUpperDK82

Well-Known Member
Jan 16, 2022
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Romero and bissouma are £70 already so might not be that much after all.
Surely it's 100-150 on top of what we already have to spend from budget... plus sales... I guess the amount of ITK and rumours/links will also be higher than ever. Please be aware of that... ??
 
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GetKaned

COYS
Aug 19, 2017
859
4,101
Possibly but I imagine you need the money to cover the deal over the duration somehow otherwise you are literally spending money you don't have and are gambling you'll get the money in from somewhere.
Don't get me wrong I know nothing of how this works but I don't think you'd spend all your money this year thinking you will get some more next year.
Isnt that how all big businesses work ? They cant afford to lose an opportunity this year thinking how to pay for it next year.
 

muel

Well-Known Member
May 17, 2005
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And we would never agree a deal in a million years to pay an entire fee upfront in one window. So even when we make moves permanent it’s not £40m odd off the budget it’s whatever initial amortised value is due upon making that permanent which I would wager is no more than £15/£20m tops at a guess
 

Yiddo1982

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Jul 4, 2006
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For those not financially savvy, putting it in Layman’s terms, it’s the equivalent of logging onto your banking app and switching the money from your savings account to your current account. Kind of.
 

Now it's Spursonal

Well-Known Member
Aug 4, 2012
1,678
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I don’t think it’s too much of a stretch to say that we know Everton and Inter need money in for the end of the month, and so we’ve withdrawn the money to have it available for any move that may come to fruition there
 

JCRD

Well-Known Member
Aug 10, 2018
19,153
30,013
Surely it's 100-150 on top of what we already have to spend from budget... plus sales... I guess the amount of ITK and rumours/links will also be higher than ever. Please be aware of that... ??

I don't think that is what the 100m to 150m is for. What it does allow as is flexibility ie we can spend before we sell. Even if we don't sell this summer but in January. I don't think we are all of a sudden spending 150m net. But I don't know, I'm just not jumping on the bandwagon that we are going to spend 150m net.
 

worcestersauce

"I'm no optimist I'm just a prisoner of hope
Jan 23, 2006
27,008
45,318
Surely that’s budgeting. We’re going to make X from TV and Gate receipts. Our expenditure is wages and loan repayments and therefore we’re left with approx £X a month.

I mean it’s what most companies do to know how many staff they can afford.
Yes but we're not budgeting like that if we are drawing down an extra £100million.
All I'm saying in response to a previous post is that I don't think we would spend the £100million on this years installments.
 

blodge99

Well-Known Member
Dec 14, 2006
445
1,593
Paul O'Keefe saying we have made contact over Richarlison.

Hes repeating what Elbobble has said (top Everton itk apparently ?)

"Tottenham have now opened up talks with Everton, for Brazilian forward Richarlison. Everton remain insistent the player will not be sold, unless an ‘exceptional’ offer is received. Whilst, Everton and Spurs also continue to discuss the transfer of midfielder, Harry Winks ?"
 

YB123

YB123
Aug 27, 2006
6,077
21,850
Surely it's 100-150 on top of what we already have to spend from budget... plus sales... I guess the amount of ITK and rumours/links will also be higher than ever. Please be aware of that... ??

And also its quite rare many deals are all fee up front. Some will be instalments etc
 
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