Contracts and the mess we're in

[AKCJ]

Players whose contracts expire in Summer 2023;

Youri Tielemans, Caglar Soyuncu, Daniel Amartey, Ayoze Perez, Jamie Vardy, Kasper Schmeichel, Nampalys Mendy, Ryan Bertrand, Hamza Choudhury and Jonny Evans (10 players).

 

Players whose contracts expire in Summer 2024;

Wilfred Ndidi, James Maddison, Kelechi Iheanacho, Yannik Vestergaard, Dennis Praet, Like Thomas and Marc Albrighton (7 players).

 

That's 17 first team players who have less than 24 months left on their contracts here at Leicester. Less time than a normal phone contract ffs.

 

How have we positioned ourselves this badly and have left us with such little room for manoeuvre when we look to sell our better players? We're coming out of a golden era of Leicester talent in the likes of Soyuncu, Tielemans, Maddison, Ndidi and Iheanacho. Likely worth in excess of £250m if under contract that will either leave for free of for pittance. All at the perfect age and stage in their development to play UCL football for the world's biggest clubs and we're going to piss their fee up the wall.

 

The only players we have 'tied up' are;

Harvey Barnes, Danny Ward and Tim Castagne (Until 2025)

Bouba Soumare, James Justin, Ricardo Pereira and Patson Daka (Until 2026)

Wes Fofana and Kiernan Dewsbury-Hall (Until 2027)

 

Players like Maddison and Ndidi need to be paid properly and need to be tied up so that we can guarantee a proper fee for when clubs come knocking. Reports of £25m for a player like Tielemans just shows how much we're ****ing ourselves over. He's a player that came for £32m and then improved further here ffs.

 

Our inability to move deadwood on has been laughable. Hamza, Perez, Mendy, Praet and Amartey should all have left years ago. Liverpool routinely get £10-20m for players that are surplus to demands there. Obviously these players aren't as good as Liverpool's reserves but we should be getting £30m+ for these sorts of players, instead we're probably going to get nothing and will spend the time waiting for their contracts to expire with them out on loan with us still paying a portion of their wage.

 

The big reset we're supposed to have been having has obviously stalled and that's because we've got a bloated squad of players on expiring contracts and nobody wants them.

[Lambert09]

I feel bad for laughing at palace last summer 

[VLC86]

I’d imagine that once the summer picture becomes clearer we will retain Evans, Vardy, Maddison and Wilf on new contracts but otherwise I don’t think this is the main issue.

 

For me the main issue is that Perez, Mendy, Bertrand, Yannik, Praet and even Albrighton are currently paid more than their worth and we can’t get rid.

[davieG]

Players coming to us as top 6-10 PL club will expect a certain level of pay and contract length , they all have agents who know the score.

 

If they're top players they'll see us as a stepping stone and it's in their interests to milk that as much as they can so will only agree on contract , length and £s that suits their personal plans, that means if they know they are wanted they're going to leave it until the last year to make them more attractive for their next move. When it comes to agreeing a contract we're inevitably going to have to concede to them if we want them.

 

That's not to excuse any bad buys but then all clubs are prone to that only the Super 6 can afford to mess things up.

 

It's a difficult situation to manage for a club in our position they have the best hand in this.

 

Also it's unfair to compare us to Liverpool or any of the Super 6 as they're in a different buying and selling market.

[urban.spaceman]

Bit harsh to call it a mess IMO. 

[NasPb]

32 minutes ago, Costock_Fox said:

I’d imagine that once the summer picture becomes clearer we will retain Evans, Vardy, Maddison and Wilf on new contracts but otherwise I don’t think this is the main issue.

 

For me the main issue is that Perez, Mendy, Bertrand, Yannik, Praet and even Albrighton are currently paid more than their worth and we can’t get rid.

Pérez and choudhury but ESPECIALLY Vestergaard bertrand are the problem. The rest are decent to good players! Good squad players. Vestergaard and bertrand are unplayable. Pérez and choudhury at least aren't but are overpaid ofc

[SamGLCFC]

 

[moore_94]

Players whose contracts expire in Summer 2023;

Youri Tielemans, Caglar Soyuncu, Daniel Amartey, Ayoze Perez, Jamie Vardy, Kasper Schmeichel, Nampalys Mendy, Ryan Bertrand, Hamza Choudhury and Jonny Evans (10 players).

 

Players whose contracts expire in Summer 2024;

Wilfred Ndidi, James Maddison, Kelechi Iheanacho, Yannik Vestergaard, Dennis Praet, Like Thomas and Marc Albrighton (7 players).

 

Schmeichel we probably can't really replace until he leaves anyway - we already know the club are seemingly looking at replacements

 

Tielemans, Soyuncu, Perez, Mendy, Bertrand, Choudhury, Vestergaard, Praet the club are already trying to shift - 5 of them I don't particularly care that much about the fee, just get them off the wage bill

 

Iheanacho I expect will be sold within the next year

 

Amartey I don't know what the plan is really for him

 

Evans is expected to get a 1 year extension

 

Luke Thomas apparently has options to extend in his contract

 

James Maddison apparently has an option to extend in his contract

 

Vardy wants to sign a new deal, I 100% believe he will get one as well

 

Albrighton will be one of those older players that probably gets 1 year extensions as they are useful to keep around until they need to retire (like we were doing with Morgan and Fuchs, and will do with Evans)

 

Ndidi I can see us giving him a new deal

Edited 15 July 2022 by moore_94

[CosbehFox]

32 minutes ago, Costock_Fox said:

I’d imagine that once the summer picture becomes clearer we will retain Evans, Vardy, Maddison and Wilf on new contracts but otherwise I don’t think this is the main issue.

 

For me the main issue is that Perez, Mendy, Bertrand, Yannik, Praet and even Albrighton are currently paid more than their worth and we can’t get rid.

Exactly 

[Babylon]

You. Can't. Make. People. Sign. Contracts. 

 

You. Can't. Make. Teams. Bid. On. Players. 

[Sol thewall Bamba]

14 minutes ago, SamGLCFC said:

 

 

KINGS OF THE TRANSFER MARKET

[Foxes1]

Bertrand getting into practice for when he retires by ripping clubs off.

‘A lot of people don’t understand the mindset of footballers’: Ryan Bertrand reveals ambition to become an agent when he retires (inews.co.uk)

[VLC86]

12 minutes ago, Babylon said:

You. Can't. Make. People. Sign. Contracts. 

 

You. Can't. Make. Teams. Bid. On. Players. 

You. Can. Stop. Signing. Twats. And. Overpaying. Them.

[VLC86]

18 minutes ago, NasPb said:

Pérez and choudhury but ESPECIALLY Vestergaard bertrand are the problem. The rest are decent to good players! Good squad players. Vestergaard and bertrand are unplayable. Pérez and choudhury at least aren't but are overpaid ofc

True. But Perez on £80k a week and Hamza on £50k is utterly mental regardless of them occasionally giving us something on the pitch.

[Babylon]

12 minutes ago, Costock_Fox said:

You. Can. Stop. Signing. Twats. And. Overpaying. Them.

Point to a club that doesn't make poor signings?

[Wymsey]

34 minutes ago, SamGLCFC said:

 

That's mad, and literally stealing a living, if true.

[Guest Basildon Fox]

Just now, Wymsey said:

That's mad, and literally stealing a living, if true.

But more fool us for giving him a 2 year contract on that wage.

 

Even if you take out the injury/not wanting to play aspect of last season, he was not worth anything like that. Absolutely crazy if true.

[Out Foxed]

whoever gave Bertrand 78 grand needs sacking

[Jaspa]

8 minutes ago, Wymsey said:

That's mad, and literally stealing a living, if true.

A living? A fortune. It was unbelievable how bad he was last season.

[CosbehFox]

6 minutes ago, Zaphod Beeblebrox said:

But more fool us for giving him a 2 year contract on that wage.

 

Even if you take out the injury/not wanting to play aspect of last season, he was not worth anything like that. Absolutely crazy if true.

It could have been a whole lot worse with him regards that contract length 

[VLC86]

13 minutes ago, Babylon said:

Point to a club that doesn't make poor signings?

There isn’t one. But we have spunked some money over Rodger’s spell haven’t we and overpaid players, which is a theme of the thread and our lack of activity in the market.

[Guest Basildon Fox]

Just now, Cardiff_Fox said:

It could have been a whole lot worse with him regards that contract length 

3 years he was looking for originally wasn't it?  Still going to cost us at least a couple of Million to pay him off.  The guy has been an absolute fraud of a footballer.

Edited 15 July 2022 by Zaphod Beeblebrox

[Fox1norfolk]

2 minutes ago, Costock_Fox said:

There isn’t one. But we have spunked some money over Rodger’s spell haven’t we and overpaid players, which is a theme of the thread and our lack of activity in the market.

Let’s face it we are being left behind and unless something out of the blue happens, which I suspect will not, we will start next season with virtually the same squad. 

[CosbehFox]

1 minute ago, Zaphod Beeblebrox said:

3 years he was looking for originally wasn't it?  Still going to cost us at least a couple of Million to pay him off.  The guy has been an absolute fraud of a footballer.

He asked for FOUR! after agreeing two years 

[He aint bald]

The present financial system is not sustainable, the premier league being the most obvious but all leagues and clubs are paying more on transfers and wages than they recieve in gate reciepts, merchandise, sponserships. and pukka pie sales

 

It aint only paying players. Stadium upkeep, insurances, taxes, team buses, equipment etc, and how many staff does a club have? Lawyers, accountants, security, physios, cleaners, groundsman, scouts, coaches and more.

Where does FIFA and the FA get their money from, furnishing offices must cost a fortune alone.

 

TV money might be holding it all together for now but remember that for every real pound note that is paid in, or promised, the accountants spend an imaginary fiver. Lose that pound income and you are 6 pound in debt. (something like that)

 

My point?

 

Agents and players might be predicting a Bubble Burst and wanting to cash in with big signing on fees now

Buying clubs will play along through short term neccesity, as they always do

 

A football reset.

 

Some players might be happier with a secure long term income for now but soon those big contracts might become worthless. Grab a signing on fee (and a promised decent weekly wage) while you can?

 

Edited 15 July 2022 by He aint bald
forget edit, needs a professional financial study