Chelsea Transfers

[NikkiCFC 8,286]

@Jype since you have great knowledge about FFP and how money is amortized, I remember you putting exact numbers for these long contracts and how great for FFP is to sell academy products, can you explain where we would be post summer if next happens:

With Enzo our spending will be around 600m euros just this season. Lets say we buy Felix for 80m in the summer and GK for 20m. So 700m 😂

We got 55,60m last summer and possibly we sell plenty more in the summer like KK, Azpi, Ziyech, Auba, Lukaku... Wont bother how much can we get for them but my main question is since academy players are pure profit what would mean to us if this summer we get for example 20m instalment from Roma for Abraham, 20-30 for Chalobah, RLC 15-20, Ampadu 10-15m, Cho 20-25, Gallagher or Mount 35-50m. So most likely way over 100m pounds maybe even 150m just for our academy boys and with new players signing 7,8,9 years long contracts how would that reflect on the books?

Edited January 29, 2023 by NikkiCFC

[ZAPHOD2319 4,799]

£65m + £5m add on.

 

[OhForAGreavsie 6,057]

4 hours ago, OneMoSalah said:

Jesus christ. Again…. 😂 the saga continues… again

I've had a very busy few days. When I got back from Kingsmeadow this afternoon I had something to eat and promptly fell asleep I woke up about half an hour ago and have been reading through this thread. I can honestly say this is the most fun transfer Saga ever.

This is partly because I don't think I've ever seen a Chelsea forum display such unanimity about a transfer target. It's the first time I remember becoming convinced about a transfer based purely on the opinions of other people. I simply do not think it is possible that you could all be wrong. This second-hand opinion means I feel a little bit detached, and can just read the thread like an enjoyable book. 🙂🙂

Edited January 29, 2023 by OhForAGreavsie

[ZAPHOD2319 4,799]

Rival tears are the best!! The irony of a Man City fan demanding a financial investigation. 😂

 

[OhForAGreavsie 6,057]

3 hours ago, milka said:

 

That's the most nothing statement imaginable. "Breaking: Chelsea directors could order a pizza in Covent Garden."

[guddy69 174]

3 hours ago, YorkshireBlue said:

It's deffo not fake lol 

my ex used to squirt all over the place...I tried to stay at her house rather than mine, too messy 😊

[Pizy 18,848]

If we land Enzo this week and Arse fail to get Caicedo I could honestly see us getting him in the summer as well if we sell the likes of RLC, Gallagher and let Jorginho and Zakaria leave.

Enzo + Caicedo would be nuts.

[OhForAGreavsie 6,057]

4 hours ago, TheHulk said:

 

The above buyout clause element of the story sounds convincing to me.

Someone, I can't remember who but thank you, posted a link to the rules governing the tax treatment of buyout clause transfers. If I correctly understood what I read, then the tax situation of both the buying, and the selling, Club is more favourable when the deal is completed without formally triggering the clause. I wrote some time ago suggesting that the negotiation would be based on Benfica wanting to split the savings with Chelsea.

I'm not convinced that the €160m figure is accurate but if we use it as an example, Chelsea would save about €40m by completing the deal as a standard transfer. My two guesses were, and are, that Benfica are asking for a sizeable chunk of that saving, and that this process explains why Chelsea paid over the buyout clause for Nkunku.

Edited January 29, 2023 by OhForAGreavsie

[OhForAGreavsie 6,057]

3 hours ago, Vesper said:

bullshit

is mostly pee forced by extremely pelvic bladder manipulation, or, often in porn, they load the girl up with water via a douche then film it

I am getting mansplained about female sex now, LOLOLOL

 

3 hours ago, YorkshireBlue said:

I don't remember loading up any 1 with water lol but if it's pee it's pee us lads couldn't care less at that point lol

This "book" that I'm reading just took a very strange turn. 🙂

[OhForAGreavsie 6,057]

2 hours ago, lluubbeenn said:

Jude Soonsup-Bell is going to spurs. Selling to them is a bit iffy

Good luck to the lad.

[Superblue 6,372]

14 minutes ago, OhForAGreavsie said:

The above buyout clause element of the story sounds convincing to me.

Someone, I can't remember who but thank you, posted a link to the rules governing the tax treatment of buyout clause transfers. If I correctly understood what I read, then the tax situation of both the buying, and the selling, Club is more favourable when the deal is completed without formally triggering the clause. I wrote some time ago suggesting that the negotiation would be based on Benfica wanting to split the savings with Chelsea.

I'm not convinced that the €160m figure is accurate but if we use it as an example, Chelsea would save about €40m by completing the deal as a standard transfer. My two guesses were, and are, that Benfica are asking for a sizeable chunk of that saving, and that this process explains why Chelsea paid over the buyout clause for Nkunku.

I think in Chelsea's case it is also important for FFP treatment too. 

As you have suggested, to activate the clause involves Enzo paying it (i.e. buying out his contract), and to do this Chelsea will have to give him the money and pay relevant taxes over and above this figure to him.

But another key is that if Chelsea pay Enzo, this payment isn't treated like a normal transfer transaction for FFP purposes where it can be spread over the length of his contract, it would have to be treated as one lump payment in this year's accounts for FFP which I don't think will make things possible.

In this situation, we'd actually be better off ironically paying a little over the release clause and spreading over I'm guessing 7 - 8 years than activating the clause and footing the FFP cost in full now. Benfica will know this, as well as you mentioned, the additional costs involved with activating the clause, and as a result will look to extract what they can.

Ultimately though, Benfica are tough negotiators but they are a selling club. If the price is right they'll do a deal and I don't think they're the sort of club who would put their foot down because it's the end of the window like how Brighton are looking to do with Caicedo. I think if anything, they'll be encouraged that they can get potentially a better deal now then they can in the summer when other midfielders may enter the market as targets for the top teams.

[OhForAGreavsie 6,057]

42 minutes ago, Superblue said:

I think in Chelsea's case it is also important for FFP treatment too. 

As you have suggested, to activate the clause involves Enzo paying it (i.e. buying out his contract), and to do this Chelsea will have to give him the money and pay relevant taxes over and above this figure to him.

But another key is that if Chelsea pay Enzo, this payment isn't treated like a normal transfer transaction for FFP purposes where it can be spread over the length of his contract, it would have to be treated as one lump payment in this year's accounts for FFP which I don't think will make things possible.

In this situation, we'd actually be better off ironically paying a little over the release clause and spreading over I'm guessing 7 - 8 years than activating the clause and footing the FFP cost in full now. Benfica will know this, as well as you mentioned, the additional costs involved with activating the clause, and as a result will look to extract what they can.

Ultimately though, Benfica are tough negotiators but they are a selling club. If the price is right they'll do a deal and I don't think they're the sort of club who would put their foot down because it's the end of the window like how Brighton are looking to do with Caicedo. I think if anything, they'll be encouraged that they can get potentially a better deal now then they can in the summer when other midfielders may enter the market as targets for the top teams.

Yes exactly.

Funding a player to trigger his buyout clause is treated as paying him wages. Wages must be accounted, in full, for FFP in the season they are paid. 

 

 

Edited January 30, 2023 by OhForAGreavsie