Confirmed Signing James Rodriguez

[roydo]

What happens to the fee in the case of extension, like Keane?

Think it disappears and "just" wages appear in the accounts. Could be wrong mind cos I actually havnt a clue.

 

[formerly manx toffee]

What happens to the fee in the case of extension, like Keane?

The remaining fee is amortized over the remaining (new) contract term

 

[dead_soft]

What happens to the fee in the case of extension, like Keane?

It is usually accounted for over the initial contract length but that may change when a contract is renewed if it makes sense for the club that owns them.

 

[Zatara]

What happens to the fee in the case of extension, like Keane?

Think it disappears and "just" wages appear in the accounts. Could be wrong mind cos I actually havnt a clue.

The remaining fee is amortized over the remaining (new) contract term

It is usually accounted for over the initial contract length but that may change when a contract is renewed if it makes sense for the club that owns them.

Yep so if its Rodriguez at £25mil 3 year deal then its £8.33mil a year.

Year 1: £8.33mil
Year 2: £8 33mil
Contract extension 2 additional years
Year 3: £2.8mil
Year 4: £2.8mil
Year 5: £2.8mil

 

[Zezti]

Yep so if its Rodriguez at £25mil 3 year deal then its £8.33mil a year.

Year 1: £8.33mil
Year 2: £8 33mil
Contract extension 2 additional years
Year 3: £2.8mil
Year 4: £2.8mil
Year 5: £2.8mil

So, still using Keane as an example, giving a new contract might actually free up funds now from a FFP perspective?

 

[coollino]

Lots of Sunday midday drinking today I see.

 

[Bainesy's Left Peg]

Lots of Sunday midday drinking today I see.

Ha! Just starting here! What’s the latest on James?

 

[coollino]

Ha! Just starting here! What’s the latest on James?

He was really good but now as it may be a loan he is a bit older, not as good and will move to a different club at the end of his loan.

And as I am lol

 

[tommye]

I really like this thread.

Easily highlights all the morons.

Knock a list up fella...

 

[Zatara]

So, still using Keane as an example, giving a new contract might actually free up funds now from a FFP perspective?

Yeah the same as ive detailed above using Rodriguez as an example.

 

[Bainesy's Left Peg]

Knock a list up fella...

Yeah go on....*hopes isn’t on it
*but maybe would quite like to be a bit

 

[wainy]

Yep so if its Rodriguez at £25mil 3 year deal then its £8.33mil a year.

Year 1: £8.33mil
Year 2: £8 33mil
Contract extension 2 additional years
Year 3: £2.8mil
Year 4: £2.8mil
Year 5: £2.8mil

Not your fault, but this is an incredibly boring thing. I miss the days we just signed players and that was it lol

 

[Glasshalffull]

Ha! Just starting here! What’s the latest on James?

Leighton? Think there's a fair chance we could sign him.

(Soz - you have to be of a certain age....).

 

[meagher94]

So, still using Keane as an example, giving a new contract might actually free up funds now from a FFP perspective?

If rough calcs are correct it frees up about £3m a year.

Selling Gylfi would be huge for the accounts I think. Amortisation of his fee must be about £9m a year, then add on any fee we’d get for him, and get rid of his wages also.

 

[Armaghtoffee]

James Rodríguez to the tune of Viva Las Vegas has been doing a loop in my head all weekend.

It’s on lads