DJ Barry Hammond

£1 million bonus = additional taxable income payable at 45% - thus £550,000 net. His tax liability on a return to the UK could be in anywhere between £1 - 5 million if it impacts past/future earnings as well.

That would, in theory, limit him to only 30 games. Plus, it’s not the sort of blatant tax fiddle you’d want to be attempting; that would get the club into trouble as well as Zaha. Overseas tests You’re usually non-resident if either: you spent fewer than 16 days in the UK (or 46 days if you have not been a UK resident for the 3 previous tax years) you worked abroad full-time (averaging at least 35 hours a week), and spent fewer than 91 days in the UK, of which no more than 30 were spent working

Sorry, couldn’t resist 😂 Watch this thread be the one that sees the current affairs topic board removed!

Not if/when he’s working and resident in the UK.

In theory, yes. But if you’re ‘compensating’ for an increased tax bill - that’s actually creating more earnings for that person, so they’d have to compensate an amount in excess of the original tax liability. Zaha is reportedly on anything between £4 million - £7 million a year; so if we say the additional tax liability is around 25% you’re potentially looking at an extra £1-2 million per year to cover it However - what’s not completely clear is how many years of earnings a change of Zaha’s residency back to the UK might effect - it could effect his previous and future earnings.

Huge news if true! https://www.bbc.co.uk/news/articles/cn5r2q2kgpgo.amp

That exactly the sort of thing the person behind Fossehub would say 😉

What if we see Mavididi and Fawatu as our primary game changers on the wings… but feel we need backup / support in those areas of the pitch? *Having these two in the squad also allow’s McAteer to go out on loan

Just be careful not to post someone’s entire tweet history, hey @ramboacdc 😉

You on about the Zaha deal or @ramboacdc’s ALL TWEET reply?

Fossehub only quote sources - they make absolutely nothing up themselves. It’s also interesting that they’ve implemented a ‘reliability scale’ with Tiers very similar to the one on here; so chances are the operator(s) of that account frequent here too!

I’m not sure he’d pay UK tax on past earnings - that would be down to his residency status and I imagine for the most part of the previous tax year he’d qualify as an overseas citizen (worked abroad, fewer than 91 days spent in the UK). But - the Turkish tax rate for sportsmen/women is a fixed 20% I believe. Over here, the UK higher tax rate of 45% would apply to Zaha’s earnings, so quite a difference. However, I think the added complication in this comes from the fact the football season straddles a tax year (tax years start/end on the 6th/5th April each year). I believe what could happen if he made the move is that he’d end up being classed as a UK resident not only for the current tax year, but for the one immediately after it too - i.e. the loan deal could have impacted on his net earnings long after his loan with us. Obviously it’s complicated tax stuff and so for this to come up as an issue probably suggests we were quite far down the road with things - it’s the sort of thing that would come up when your solicitor / accountant goes over a contract! Edit: If he’s paying himself via a company - I have no idea how that would work taxation wise. It probably means he receives ‘dividends’ from the company which has a slopping tax rate of up to 39.35% in the UK - the comparative rate in Turkey is 10% I believe.

The same point stands for whichever transfer (or failed transfer) you want to apply it to. Put simply, this is not an easy window to do early business and I think you can look at a lot of clubs in much better positions to us who have also struggled to get deals over the line. Of course one key thing I did miss out from my previous points on this - we’re not exactly the most attractive of destinations right now!

Well we wouldn’t get him or Skipp before Monday anyway would we. I don’t think I’d like Lo Celso anyway - complete show pony, not the sort of player you want when every point counts.

This has been a window with a major international tournament and a new manager appointment - things that get in the way of making swift transfer decisions in all directions. Add in a tight financial situation - and some knock backs from initial targets, there are reasons behind the ‘lack’ of activity. The obvious outlier of all this is the Okoli transfer… which makes me think there was supposed to be a significant transfer out of a player in the same position that has perhaps not materialised?

They lost 4-1 to Birmingham as I said!

Who the **** is this guy?!?

It does need to be stressed that you can’t take the accounts figures at face value for PSR because there’s deductibles that come into play within those periods. For example, I think the 21/22 period includes around £36 millions worth of allowable Covid losses from memory.

Yes, the £90 million was 22/23 accounts… so it will disappear from the 3 year cycle from next season. But we’re not at next seasons reporting period yet, which was kind of my point in that whilst that outlier year sits within the calculation period, it limits what you can do in terms of losses for the other two years. We also have a ‘reduced’ upper limit for a few cycles to contend with due to the season in the Championship too. Of course - there is also a strong possibility that PSR won’t be a thing come next season; or how it’s assessed has completely changed.

€30 million equates to around £25 million; it’s always important to check what currency the transfer fees are quoted in. https://www.givemesport.com/southampton-fotis-ioannidis-transfer-news/

I’m not saying Cooper’s the answer - but the way West Brom lost to us at their place gives me serious doubts about Corberan as a manager. And at least with Cooper you can accept it feels a somewhat ‘stop gap’ appointment; one designed to bridge us over a 12-18 month period.

Would that be the Carlos Corberan who’s West Brom side has won one pre-season game this summer - and those games includes a 4-1 defeat to Birmingham - and saw his side knocked out to Fleetwood in the cup last night?

The only true answer is Ryan Bennett; an ass to beat all other jackasses!

Whilst that £90 million loss sits within the 3yr PSR cycle; and PSR remains a thing - that seasons accounting will remain a drag on what we can do financially; because it is pretty much a given that the club still runs at a loss at present (unless there’s significant net value player trading).

I believe if Panathinaikos is lose against Ajax, they drop into the Conference League Playoff round qualifier; and I think the article is suggesting if that was the case they’d want to keep him to play in those games as well. The legs for that round of fixtures are scheduled for the 22nd and 29th August - so just before the window closes.