ARM1968 Posted 17 July 2018 Posted 17 July 2018 15 minutes ago, themightyfin said: Tax , General running costs, Wages and bonuses,agent fees and transfer fees and most of that is gone. Why do people here think every penny that comes in is profit? We don’t. Well I don’t. Someone said we don’t generate close to £200 million, but we do. I didn’t say anything about the demands upon that income.
AKCJ Posted 17 July 2018 Posted 17 July 2018 Imagine if we hold out for 40m for Musa but rip Man City's arms off at 60m for Mahrez. Clearly bullshit mind.
gw_leics772 Posted 17 July 2018 Posted 17 July 2018 21 minutes ago, themightyfin said: Tax , General running costs, Wages and bonuses,agent fees and transfer fees and most of that is gone. Why do people here think every penny that comes in is profit? Why do people read half a thread and wade in with accusations that people are stupid. The conversation was that the Thais have put in 138m = 38m purchase + 100m written off. Someone then said they had conveniently forgotten the fees for numerous players to which I pointed out that they also make a lot of money for being in the premier league. Unless of course you are suggesting that we as one of the 20th richest football clubs in the world, just about break even and every player purchase is subsequently funded from vichais back pocket?
Gerard Posted 17 July 2018 Author Posted 17 July 2018 1 Saudi Riyal = 20p So it looks obvious the offer was 40m Saudi Riyal which is the equivalent of £8m which makes a lot more sense. Nice to have an offer on the table of £8m which means we're holding out for a few million more and a deal should be done somewhere.
MC Prussian Posted 17 July 2018 Posted 17 July 2018 5 minutes ago, gw_leics772 said: Why do people read half a thread and wade in with accusations that people are stupid. The conversation was that the Thais have put in 138m = 38m purchase + 100m written off. Someone then said they had conveniently forgotten the fees for numerous players to which I pointed out that they also make a lot of money for being in the premier league. Unless of course you are suggesting that we as one of the 20th richest football clubs in the world, just about break even and every player purchase is subsequently funded from vichais back pocket? We are not one of the 20 richest football clubs in the world. We had the 14th most revenue in Deloitte terms, but that's it. Revenue does not equal wealth.
The_77 Posted 17 July 2018 Posted 17 July 2018 6 minutes ago, MC Prussian said: We are not one of the 20 richest football clubs in the world. We had the 14th most revenue in Deloitte terms, but that's it. Revenue does not equal wealth. Now you're gonna tell us it costs money to pay wages, maintain a stadium and training facility, and carry insurance coverage.
MC Prussian Posted 17 July 2018 Posted 17 July 2018 2 minutes ago, The_77 said: Now you're gonna tell us it costs money to pay wages, maintain a stadium and training facility, and carry insurance coverage. Seems like others don't really want to differentiate.
MC Prussian Posted 17 July 2018 Posted 17 July 2018 16 minutes ago, Gerard said: 1 Saudi Riyal = 20p So it looks obvious the offer was 40m Saudi Riyal which is the equivalent of £8m which makes a lot more sense. Nice to have an offer on the table of £8m which means we're holding out for a few million more and a deal should be done somewhere. Even SI report on the £40m. It'd make them look really stupid if he went to Al-Nasr for a fraction of that. Latest: He reckons it'll be in between 30 to 40 million US$ (£23m-£30m).
car1os Posted 17 July 2018 Posted 17 July 2018 14 minutes ago, MC Prussian said: We are not one of the 20 richest football clubs in the world. We had the 14th most revenue in Deloitte terms, but that's it. Revenue does not equal wealth. And let’s not forget that included Champions League income. Unless we do something spectacular again, we won’t reach that height for some time 1
Spudulike Posted 17 July 2018 Posted 17 July 2018 As was mentioned some pages ago, it seems the timing of the 'best of' video compilation on LCFC.COM of Musa's best goals is perhaps the sort of advertising reminder that might be made by a selling club.
brucey Posted 17 July 2018 Posted 17 July 2018 4 minutes ago, Spudulike said: As was mentioned some pages ago, it seems the timing of the 'best of' video compilation on LCFC.COM of Musa's best goals is perhaps the sort of advertising reminder that might be made by a selling club. On Twitter, they linked the compilation underneath the announcement of his nomination for the WC's best goal, which also happened at the same time as this rumour breaking.
AjcW Posted 17 July 2018 Posted 17 July 2018 You're all going mad. The Leicester way is as follows.... - Team bids £40m.. - We think... 'oh maybe he is worth keeping' - We reject £40m and keep him this season - He never kicks a ball all season and leaves for a free next year. There you go, welcome back to earth.
Mehrez Posted 17 July 2018 Posted 17 July 2018 Probably not worth reading anything into but he’s been liking tweets from Al Nassr fans on twitter
AjcW Posted 17 July 2018 Posted 17 July 2018 6 minutes ago, Mehrez said: Probably not worth reading anything into but he’s been liking tweets from Al Nassr fans on twitter Sadly not... those tweets, even though they are from Al Nassr fans, are ones saying they've voted for him to get goal of the tournament at the WC.
DANGEROUS TIGER Posted 17 July 2018 Posted 17 July 2018 More likely to be sold to N.A.S.A. for forty million! It will never happen. There's more likely to be pigs flying round in the sky.
Gerard Posted 17 July 2018 Author Posted 17 July 2018 54 minutes ago, MC Prussian said: Even SI report on the £40m. It'd make them look really stupid if he went to Al-Nasr for a fraction of that. Latest: He reckons it'll be in between 30 to 40 million US$ (£23m-£30m). The Saudi's may have money coming out their ears but they're not stupid. They still want a good price whatever and why buy something for three times the price when you don't have to? Hopefully it's just part of the haggle and we cut our losses and still get about £10m or so for Musa.
Redouane Posted 18 July 2018 Posted 18 July 2018 On 16/07/2018 at 17:08, Gerard said: All the Saudi gifs in Arabic in that thread makes it look like they're happy I think. Perhaps one for @the fox & @Redouane to confirm that they are. My formal Arabic is not so good. I can only speak the Algerian dialect :/
dbtcity Posted 18 July 2018 Posted 18 July 2018 15 hours ago, Gerard said: 1 Saudi Riyal = 20p So it looks obvious the offer was 40m Saudi Riyal which is the equivalent of £8m which makes a lot more sense. Nice to have an offer on the table of £8m which means we're holding out for a few million more and a deal should be done somewhere. If we’re after 8m you’d imagine Cska would have stumped up the cash... after his World Cup showing I imagine the club will be looking to at least re coup the money we spent on him 2
Babylon Posted 18 July 2018 Posted 18 July 2018 15 hours ago, MC Prussian said: We are not one of the 20 richest football clubs in the world. We had the 14th most revenue in Deloitte terms, but that's it. Revenue does not equal wealth. If you want to base it on profit for the last set of accounts we were the richest club in the league, as in terms of pure profit we posted the highest amount. That's a one off though, so I don't know why people go on about it.
MC Prussian Posted 18 July 2018 Posted 18 July 2018 (edited) 10 minutes ago, Babylon said: If you want to base it on profit for the last set of accounts we were the richest club in the league, as in terms of pure profit we posted the highest amount. That's a one off though, so I don't know why people go on about it. Because they either can't be arsed to read these articles thoroughly or because they simply feel the need to perpetrate a myth, trying to boast about something that doesn't exist. I've said it before, I'm curious to find out where Deloitte and others place us as a consequence of the 2017/18 numbers and whether some "fans" will then continue trying to spin those numbers, as well. I can see us easily falling out of the rating agencies roster, not being (that) important any longer due to diminishing revenue. The only people I can see having a genuine interest in these reports are (potential) investors, but even they ought to take it with a pinch of salt. Edited 18 July 2018 by MC Prussian 1
happy85 Posted 18 July 2018 Posted 18 July 2018 The Mercury understands that while the move to take Musa to Al Nassr could go ahead, the £40m reported fee is an inflated figure, which possibly includes Musa's potential personal terms. Even so, City could still receive close to £30m, which would see the club nearly double their money on a player they paid £16m for from CSKA Moscow to years ago.
Tanya Posted 18 July 2018 Posted 18 July 2018 1 minute ago, happy85 said: The Mercury understands that while the move to take Musa to Al Nassr could go ahead, the £40m reported fee is an inflated figure, which possibly includes Musa's potential personal terms. Even so, City could still receive close to £30m, which would see the club nearly double their money on a player they paid £16m for from CSKA Moscow to years ago. I cannot believe there is semi-serious speculation we could make a profit on Musa. Incredible. 1
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