Not amortisation, actual monies owed to Everton. Have a look.
Why do you think transfers are paid in 2 payments? Ive never heard that before other than when some clubs demand it from a rich club like City.
Why is so much negativity being thrown at Everton? lol is this a serious question? Id be more surprised if there wasnt lol
For example, do you think Shakhtar are waiting 8 years for the Mudryk money?
Quite an interesting piece of how transfers work.
A Premier League lawyer reveals what happens behind the scenes of a multimillion pound transfer deal.
www.gq-magazine.co.uk
Transfer fees are usually paid in instalments
Any club wanting to invest huge amounts in a superstar player needs to consider the total investment they will be making. When newspaper headlines quote a transfer fee of £35m, many fans would be forgiven for thinking that a buying club transfers £35m to the selling club on the day of the transfer and that is that. In fact, the reported total headline transfer fee is often different from the actual amounts paid to the selling club.
Let’s suggest that Liverpool pay £35m for a Brazilian international player. The transfer agreement may state that Liverpool pay:
• £15m up front. • £5m on both the first and second anniversaries of the player’s transfer. • £5m if the player makes 50 appearances for Liverpool. • £5m if the player wins the Champions League and the Premier League with Liverpool (£2.5m per win).
If the player doesn’t make 50 appearances for Liverpool and the club doesn’t win the Champions League or Premier League, then the club will only ever pay £25m to the selling club out of a headline reported figure of £35m.
Wages are the big investment
The £35m transfer fee is only one element of a much larger package – and this is where it can get expensive. Usually a player’s salary over the length of a contract will be a significant investment by the buying club. The average salary of a Premier League player in 2017 was £2.6m per year, or just over £50k a week. An elite international at a top Premier League club could be earning £10.4m per year. This means that a player earning £200k on a five-year deal will add an additional £52m in wages over the lifetime of the player’s first contract (£200k x 52 weeks x 5 years = £52m).
While it may not be immediately obvious to the fans, a £35m transfer actually equates to a club outlay of £87m.