Chelsea Transfers

[Vesper 30,085]

5 minutes ago, 1905didierblue said:

My God!!! Oh man. You cant go back a window and just include whatever you want mate. It's neither the way accounting works, nor the way the club does. If we were banned this year, that is the exact same reason why we bought pulisic a season before. And that's why I said, that we over spent in 18/19 so as to cover for this window. Understand what I said in the first post?

The club CAN NOT include hazard's sale in the 20/21 books. Which means that 100mil is not available plus it is already offset by pulisic's transfer too.

You can keep on saying about the 500mil figure, but thats nothing but a stupid way too look at it. You want to have a bet how much we are going to spend next sunmer?

The club can't spend 500mil on players while amortization sales are there just for 250mil. Not anymore. Or we would need massive amounts for roman, which is not happening.

Also how am I putting In kovacic twice? What are you understanding that I am saying? The only thing I am repeatedly saying is, you can't use the last season's sales, to include for the next summer, that is not how accounting works also you are not including what the club did the transfer window to compensate for this ban. 

You either look at every thing individually or then look at thinfs at a whole. Don't see at things the way you want.

I am not disputing the actual numbers, I am disputing how much budget we will have available. And it will not have the sales available from this year's seasons. That's all I am saying.

 

 

 

it is madness to say that monies gained from sales cannot be included because they were not spent

I never said you put in Kovacic twice, n clue how you thought that

I addressed very single objection you put up

and my £500m at a minimum number still stands

it is not based on anything but sales, loans and buys

the only reason I did not put in Kovacic was that i do not consider a £22m net spend figure (once loans are included) for two windows to be a normal two windows and I just closed the books on that (and did NOT double dip by initially including the loan revenue at all)

the lack of spending AND the monies from the sales and loans all carry over to summer 2020 in terms of overall fiscal play and the lack of player influx

 

lets say we DO NOTHING but sell in winter 2020, summer 2020, and winter 2021

we buy NO players in those 3 windows (winter 2020 we are banned anyway, more than likely)

let's make it even MORE

lets say we sell Kante for £120m in summer 2020

and still buy NO players

at that point, I would argue we would have well over £ SIX HUNDRED million in the kitty (as we added 120m from Kante)

are you going to argue that we then have no money for summer 2021 (as all the sales, or the vast majority of them) happened before summer 2021?

 

[1905didierblue 748]

14 minutes ago, Vesper said:

 

it is madness to say that monies gained from sales cannot be included because they were not spent

I never said you put in Kovacic twice, n clue how you thought that

I addressed very single objection you put up

and my £500m at a minimum number still stands

it is not based on anything but sales, loans and buys

the only reason I did not put in Kovacic was that i do not consider a £22m net spend figure (once loans are included) for two windows to be a normal two windows and I just closed the books on that (and did NOT double dip by initially including the loan revenue at all)

the lack of spending AND the monies from the sales and loans all carry over to summer 2020 in terms of overall fiscal play and the lack of player influx

 

lets say we DO NOTHING but sell in winter 2020, summer 2020, and winter 2021

we buy NO players in those 3 windows (winter 2020 we are banned anyway, more than likely)

let's make it even MORE

lets say we sell Kante for £120m in summer 2020

and still buy NO players

at that point, I would argue we would have well over £ SIX HUNDRED million in the kitty (as we added 120m from Kante)

are you going to argue that we then have no money for summer 2021 (as all the sales, or the vast majority of them) happened before summer 2021?

 

Oh my God. What objections have you addressed. You are going on and on about how money can be carried over when none of this is true. 

I am sure all the CAs and accounting people are idiots. Who do everything in their power to balance books. Understsnd those basic concepts before blaming the board and the people who are running the club and making wild and OTT claims about what the club should do when it is not even possible. Get real for a moment.

"it is madness to say that monies gained from sales cannot be included because they were not spent"

No. That is not what I am saying at all. What I am saying is that financial books of different years are completely different. Because of over spending in 18/19, we can't again over spend in 20/21 too given how FfP works which is on a 3 year rolling window. And we do take FfP seriously 

 

"are you going to argue that we then have no money for summer 2021 (as all the sales, or the vast majority of them) happened before summer 2021?"

No. And don't be stupid about this. This is why clubs have a transfer budget. Player sales are not the only way to generate money for transfers. Clubs like United have a much higher revenues compared to ours while having similar expenditures in terms of player amortized values and wages, which leads to us having less spare budget compared to them because of which we have to rely on player selling. 

Please don't forget that balancing books and the end of year financial statement is massively important to the club trying to become self sustainable.

[Vesper 30,085]

12 minutes ago, 1905didierblue said:

Oh my God. What objections have you addressed. You are going on and on about how money can be carried over when none of this is true. 

I am sure all the CAs and accounting people are idiots. Who do everything in their power to balance books. Understsnd those basic concepts before blaming the board and the people who are running the club and making wild and OTT claims about what the club should do when it is not even possible. Get real for a moment.

you are hopeless

goodbye

[1905didierblue 748]

Just now, Vesper said:

you are hopeless

goodbye

Lol. Get a sense of understand of how things work first. Or wait, keep making OTt statement like you keep making.

[Vesper 30,085]

Just now, 1905didierblue said:

Lol. Get a sense of understand of how things work first. Or wait, keep making OTt statement like you keep making.

lol

there is zero OTT from my end

you are the one who magically made over 200 million quid disappear

perhaps you should try banking

or not

 

[1905didierblue 748]

24 minutes ago, Vesper said:

lol

there is zero OTT from my end

you are the one who magically made over 200 million quid disappear

perhaps you should try banking

or not

 

😂😂😂

I am a chartered accountant, genius. 

But keep going. 😂😂

[killer1257 3,282]

[emoji23][emoji23][emoji23]
I am a chartered accountant, genius. 
But keep going. [emoji23][emoji23]

wow, you are a chartered accountant. Congrats.

Funny thing is that after I finished my Masters degree, I want to go the same route as you and become a chartered accountant , or at least that is the plan

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[1905didierblue 748]

12 minutes ago, killer1257 said:

wow, you are a chartered accountant. Congrats.

Funny thing is that after I finished my Masters degree, I want to go the same route as you and become a chartered accountant , or at least that is the plan

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Thanks mate. 

Hope you make it too. Just need to keep plugging, because there will be times when you will feel, "fuck it, I am done" 😂

[Jase 43,479]

20 hours ago, NikkiCFC said:

 

 

[killer1257 3,282]

Thanks mate. 
Hope you make it too. Just need to keep plugging, because there will be times when you will feel, "fuck it, I am done" [emoji23]

Thanks bro. I already had some internship experience and I can say that in the busy season, life sucks haha.

In Germany, the route of becoming a chartered accountant is long and hard. Probably the same in India. But due to the lack of chartered accountants in Germany, the Government made some exams easier and some more adjustments.

What I find funny is that I agree with you almost all the time, which rarely happens when I talk about Football with other People.
Also, I have indian roots too haha. My parents come from India. But I was born in Germany

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[Special Juan 28,091]

Could just be the attitude he has in the team but the last thing we need right now is an ego.

[1905didierblue 748]

14 minutes ago, killer1257 said:

Thanks bro. I already had some internship experience and I can say that in the busy season, life sucks haha.

In Germany, the route of becoming a chartered accountant is long and hard. Probably the same in India. But due to the lack of chartered accountants in Germany, the Government made some exams easier and some more adjustments.

What I find funny is that I agree with you almost all the time, which rarely happens when I talk about Football with other People.
Also, I have indian roots too haha. My parents come from India. But I was born in Germany

Gesendet von meinem SM-G920F mit Tapatalk
 

Yup bro. The exams are a killer here. Literally in a lot of cases 😂. Good to hear about the government initiative. I hope they do something similar here.

I too have noticed how often we are on the same wavelength 😂.

Which part of India?