Superblue 6,372 Posted January 4, 2023 Share Posted January 4, 2023 Just now, Vegetable said: Care to elaborate on this? Of what I understand, the 120 mil release clause in typical Spanish manner is ridiculous, compared to actual player's worth, to prevent other clubs activating it without original club's consent. We could just route this 120 + tax through Enzo and run, but we want to avoid a single expense of this size, so we are negotiating for a sum sizably bigger, than said clause, but in installments. So given no interes from other club we aren't really negotiating for some incredibly great deal for us, are we? A standard release clause means a club can activate the clause by going to the selling club and paying the clause. As this is deemed a transfer fee it's amortised over the players contract like a normal transfer. i.e. if a player has a release clause of £50m and we activate it and sign him on a 5 year contract then we include £10m per season in the accounts for the next 5 years. If after 3 years, he extends for another 5 years then the remaining £20m of the transfer fee left to amortise is now spread again over a new five year period, etc, etc. These buyout clauses in Spain are mandatory agreements between player and club to allow a player to buy himself out of a contract. In order to activate these, the player must do so and therefore the buying club must give the money to the player to do it. This payment to the player isn't considered a transfer fee in the same sense and therefore it would be recorded as a one off expense in the year it happens. So going back to above example if we paid a player £50m to buy himself out of his contract then it's £50m on the books in that year and nothing then for the next 4 years. The way it was being reported, Enzo's clause sounds the same as the ones in Spain, i.e. he needs to activate it and this is a massive differential for FFP purposes. Vegetable 1 Quote Link to comment Share on other sites More sharing options...
didi007 69 Posted January 4, 2023 Share Posted January 4, 2023 47 minutes ago, Vegetable said: Wonder what would Benfica gain from "decision not to sell" - he is hot after WC, it's risky to think he will be worth 200 million in summer. Much more probable it will be more like 80. No other offers to fulfill the clause of what we know, so what's the plan here? Last window TB shown nothing but desperation and they know it, so maybe no harm in pulling off for a week. Benfica are league leaders and still in the champions league . Its in their interest to hold on to their best player until the summer to win the league. Also, who knows how far they could go in the CL? This would be their first league title which is worth more than 200m Quote Link to comment Share on other sites More sharing options...
TheHulk 2,481 Posted January 4, 2023 Share Posted January 4, 2023 Just now, didi007 said: Benfica are league leaders and still in the champions league . Its in their interest to hold on to their best player until the summer to win the league. Also, who knows how far they could go in the CL? This would be their first league title which is worth more than 200m This explains it best but even so it's beyond dumb this isn't done. You can negotiate a 120m payment with 2 installments one 100 the other 20 and it would be treated like a transfer fee so someone fucked up. I refuse to believe Benfica wanted the buyout only, they were willing to talk until today.. Quote Link to comment Share on other sites More sharing options...
MoroccanBlue 5,383 Posted January 4, 2023 Share Posted January 4, 2023 Best we simply wait and see what pans out. A defeat tomorrow, and a heavy one, could open up a few things. Quote Link to comment Share on other sites More sharing options...
Vesper 30,219 Posted January 4, 2023 Share Posted January 4, 2023 37 minutes ago, TheHulk said: Pretty sure this is what happened, it' something the clueless American would do to pretend he is smart and now Benfica obviously pissed had said fuck this shit pay release clause or nothing. Moronic to say at least from a billionaire who made his fortune to be so dumb. just an FYI the Record (Portugal( is an absolute SHIT source Don Balón level shit not saying we are not blowing this deal, but the Record is not a thing to put a lot of faith in for info Quote Link to comment Share on other sites More sharing options...
Vegetable 830 Posted January 4, 2023 Share Posted January 4, 2023 5 minutes ago, Vesper said: Unless I misunderstand your post, we do NOT have a sporting director yet, that is the last unfilled position, as I have posted on multiple times. True, thought Vivell is filling for this instead TB as he is coming from more of a recruitment background after all Quote Link to comment Share on other sites More sharing options...
didi007 69 Posted January 4, 2023 Share Posted January 4, 2023 1 minute ago, TheHulk said: This explains it best but even so it's beyond dumb this isn't done. You can negotiate a 120m payment with 2 installments one 100 the other 20 and it would be treated like a transfer fee so someone fucked up. I refuse to believe Benfica wanted the buyout only, they were willing to talk until today.. Chelsea lowered their offer and thet pissed them off! Quote Link to comment Share on other sites More sharing options...
Vesper 30,219 Posted January 4, 2023 Share Posted January 4, 2023 Just now, Vegetable said: True, thought Vivell is filling for this instead TB as he is coming from more of a recruitment background after all Boehly is still very involved, unfortunately Vegetable 1 Quote Link to comment Share on other sites More sharing options...
TheHulk 2,481 Posted January 4, 2023 Share Posted January 4, 2023 1 minute ago, Vesper said: just an FYI the Record (Portugal( is an absolute SHIT source Don Balón level shit not saying we are not blowing this deal, but the Record is not a thing to put a lot of faith in for info These guys say the same, we lowballed and now they only want buyout. Let's face it there is no denying the owner is a clown at this point. Mhsc 1 Quote Link to comment Share on other sites More sharing options...
Superblue 6,372 Posted January 4, 2023 Share Posted January 4, 2023 1 minute ago, TheHulk said: This explains it best but even so it's beyond dumb this isn't done. You can negotiate a 120m payment with 2 installments one 100 the other 20 and it would be treated like a transfer fee so someone fucked up. I refuse to believe Benfica wanted the buyout only, they were willing to talk until today.. Jake Cohen has proven very reliable with things like this and supports my own understanding of how it works for FFP purposes. The fact is on the assumption of the above, we would never have entertained activating the release clause and as a result Benfica could quite easily have just plainly refused to come to the negotiating table. The fact they have would suggest that broad terms have or are close to agreement with regards to fee, etc. The payment structure isn't impacting FFP, but has a significant impact on cashflow, borrowings, interest, etc. It's clearly the biggest point of negotiation and quite obviously we'll want to pay less up front and Benfica will want more. Just because an agreement hasn't been reached yet doesn't mean one won't. Benfica won't want to keep Enzo now with his head turned if they can help it, and we want the player. But like I said previously a deal of this magnitude is not being resolved and signed off on after one round of talks. mkh 1 Quote Link to comment Share on other sites More sharing options...
Vegetable 830 Posted January 4, 2023 Share Posted January 4, 2023 We offered 130, so apparently they've got so pissed off, they lowballing themselves 🤪 Seriously thinking about picking up twitter "sport journalism" in summer. I won't be much of a tik-toker, but this bullshit for clicks from muh insider sources I can produce all day long. Strike, bohops and Muzchap 2 1 Quote Link to comment Share on other sites More sharing options...
Vesper 30,219 Posted January 4, 2023 Share Posted January 4, 2023 3 minutes ago, TheHulk said: These guys say the same, we lowballed and now they only want buyout. Let's face it there is no denying the owner is a clown at this point. IF that did happen, we are absolutely fucked going forward, as no club will trust our word we have 60 billion plus backing us and years of sports ownership I cannot believe that we would be THAT stupid Laylabelle 1 Quote Link to comment Share on other sites More sharing options...
TheHulk 2,481 Posted January 4, 2023 Share Posted January 4, 2023 5 minutes ago, didi007 said: Chelsea lowered their offer and thet pissed them off! Benfica only needed to accept it in installments 2,3 100+20, 40+40+40 it's irrelevant since it counts the same towards ffp but the American had to act intelligent and low ball. Quote Link to comment Share on other sites More sharing options...
TheHulk 2,481 Posted January 4, 2023 Share Posted January 4, 2023 1 minute ago, Vesper said: IF that did happen, we are absolutely fucked going forward, as no club will trust our word we have 60 billion plus backing us and years of sports ownership I cannot believe that we would be THAT stupid It did happen, why do you think Benfica was willing to negotiate and now out of a sudden want the buyout? Quote Link to comment Share on other sites More sharing options...
MoroccanBlue 5,383 Posted January 4, 2023 Share Posted January 4, 2023 Tragic if true. Quote Link to comment Share on other sites More sharing options...
Vegetable 830 Posted January 4, 2023 Share Posted January 4, 2023 I know we watch this like a TV sitcom, but from reasonability standpoint - even IF sides decide to leak something for a handicap, they will leak it to someone they have connection with, just like in real world, not provide live negotiation coverage to some random children on Twitter on other side of the world. It's all either clickbait or pure speculation, based on other speculation and rewriting reliable sources, who also somewhat speculate. Mhsc 1 Quote Link to comment Share on other sites More sharing options...
TheHulk 2,481 Posted January 4, 2023 Share Posted January 4, 2023 We're an absolute joke. Quote Link to comment Share on other sites More sharing options...
didi007 69 Posted January 4, 2023 Share Posted January 4, 2023 1 minute ago, TheHulk said: We're an absolute joke. I said it. Chelsea using a Barcelona trick. Turn the players head and lower your offer Quote Link to comment Share on other sites More sharing options...
Vesper 30,219 Posted January 4, 2023 Share Posted January 4, 2023 44 minutes ago, TheHulk said: It did happen, why do you think Benfica was willing to negotiate and now out of a sudden want the buyout? you have no verified evidence of that you are simply taking a tweet (from a very dodgy source) and expanding it to create a narrative Mhsc 1 Quote Link to comment Share on other sites More sharing options...
didi007 69 Posted January 4, 2023 Share Posted January 4, 2023 3 minutes ago, Vesper said: you have no verified evidence of that you are simply taking a tweet (from a very dodgy source) and expanding it to create a narrative Every credible source including Fab has said the negotiations have reached an impasse. No agreement. Quote Link to comment Share on other sites More sharing options...
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