GwladysPhil
Player Valuation: £35m
They're running away with the league yet they're still completely rattled by our potential financial power.
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I think you're overstating things a bit there Andy.
Gomes signed on the 25th June so that should be in the accounts
See https://www.bbc.co.uk/sport/football/48764807
Lossl was on a free, and though I'd expect them to be more than Robles ( who he replaced ) I can't see his wages being huge.
Gueye going out probably pretty much balanced Gbamin coming in, so that leaves Iwobi and Delph as being extra outgoings financially from the Summer, which aren't in the accounts just published. Lookman and Vlasic going out would have offset some of the transfer fees for Iwobi and Delph, but they'll doubtless be on higher wages.
edit : I forget about Onyekuru going out, so, along with Lookman and Vlasic, that probably pretty much balances the fees for Delph and Iwobi - still leaves a wage difference though
Nope.
Amortisation is just an accounting practice.
Amortisation is how your profit or loss on players is generated which is absolutely central to how FFP works.
Nope.
FFP is money in, money out.
It does not concern itself with bull.
Outgoing transfers have no impact on FFP.
FFP is solely a money in, money out thing, unlike STCC which concerned itself with player profits, which has now been scrapped.
Surely an outgoing transfer is money in though?
Surely an outgoing transfer is money in though?
It is, but profit on the player doesnt matter, only incoming and outgoing money.
People are getting confused with STCC rules which have been replaced by profit and loss rules.
But FFP is different also.
Here are our accounts.
View attachment 76859
The highlighted bits show how player trading profits have effected the accounts.
The Premier League introduced Financial Fair Play and Short term Cost Control at the same time. FFP is about limiting losses to £105m over 3 years STCC was about wage bill increases being covered by commercial deals and not TV money.
FFP is just your losses minus any Stadium or Academy costs. So player trading certainly effects it.
In England indeed Europe all football contracts run 1/7 - 30/6.
How you pay for a player is one things but in the accounts the players transfer fee is written off( amortised ) over the period of the contract. Pay £25 million and issue a five year contract the charge in accounting terms is written off at the rate of £5 million pa.
Gomes signing on 25/6/2019 would have little or no impact in the 2018/19 accounts.
Away point after being behind.
I agree with on the amortisation, and, normally I'd agree with you on the contract start date, but the transfer window last Summer was unusual, in that it started on the 16th May
Also, from the accounts
View attachment 76865
which, unless the statement in the accounts is wrong, tells me he was recorded as being on the books in the accounts just published
Unless he was signed under some sort of unknown agreement then as I say then very little of his amortised fee will have featured in the last set of accounts.
Would outgoing transfers not be in the money in category? Much the same as incoming transfers are in the money out category.Outgoing transfers have no impact on FFP.
FFP is solely a money in, money out thing, unlike STCC which concerned itself with player profits, which has now been scrapped.
Unless he was signed under some sort of unknown agreement then as I say then very little of his amortised fee will have featured in the last set of accounts.