Confirmed Signing Jack Grealish

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den said:
Does the £50 million option make sense from any angle? This should be year five of a six year deal. His remaining book value should be under £34 million. The loan fee is less than the annual amortized value, so you would have to pay extra to buy out the remainder of the contract, but it looks like City would make about a £30 million profit for an underused player entering the last year of his contract.
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It's really not that deep mate.

The only way we take up the option is if he is so overwhelmingly magnificent, we don't want to risk our option expiring and him going off to one of the other clubs queuing up to sign him.

If he's pretty boss, but not £50m worth, we wait until a day after the option expires and offer them substantially less.
 
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den said:
Does the £50 million option make sense from any angle? This should be year five of a six year deal. His remaining book value should be under £34 million. The loan fee is less than the annual amortized value, so you would have to pay extra to buy out the remainder of the contract, but it looks like City would make about a £30 million profit for an underused player entering the last year of his contract.
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Maybe the £50m is actually £34+15(ish) million (the 'loan fee') but is being reported as £50m as it 'looks better' for City?
 

den said:
Does the £50 million option make sense from any angle? This should be year five of a six year deal. His remaining book value should be under £34 million. The loan fee is less than the annual amortized value, so you would have to pay extra to buy out the remainder of the contract, but it looks like City would make about a £30 million profit for an underused player entering the last year of his contract.
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I can only assume it's a PR exercise to placate the Citeh fans or Talksport or whoever. Literally nobody, except maybe the Saudis I suppose, would pay £50m for a 30 year old with one year on his contract left. We certainly won't.
 
den said:
Does the £50 million option make sense from any angle? This should be year five of a six year deal. His remaining book value should be under £34 million. The loan fee is less than the annual amortized value, so you would have to pay extra to buy out the remainder of the contract, but it looks like City would make about a £30 million profit for an underused player entering the last year of his contract.
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Its an asset impairment figure City can use for accounting.
 

I remember a few years ago, there was a lad on Twitter who would tweet “Announce Allan!” Multiple times a day, for reasons I never understood.

Now I fully understand.
 
den said:
Does the £50 million option make sense from any angle? This should be year five of a six year deal. His remaining book value should be under £34 million. The loan fee is less than the annual amortized value, so you would have to pay extra to buy out the remainder of the contract, but it looks like City would make about a £30 million profit for an underused player entering the last year of his contract.
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No fee makes sense at his wages and production.
 

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