Relegation release clauses

[Gamble92]

12 hours ago, Chrysalis said:

I dont think is even wage reduction clauses in some of the contracts.

I think they'll all have them

[sylofox]

Our parachute payments are spent on the loans we have.

 

I also don't see player sales anywhere near what some do.

 

Clubs will know our financial state and need for money. Maddison with only a year left is not going for the big bucks some think.

 

Clubs would rather sit and wait a year than pay big bucks for a player that's happy to wait and walk. Youri being proof.

This end of contract thing is going to be the future not a flash in the pan.

[Otis]

I think it would be nieve for any club not to include clauses in multi million pound contracts. 

 

[Miquel The Work Geordie]

22 minutes ago, Dames said:

Very optimistic to be getting 100m for Maddison, Barnes, Soumare and Castange. Maddison is in the last year of his deal and we will be in financial trouble, we'll be lucky to get 30. Barnes 20-25 max and Castange and Soumare combined would barely scrape 15m. 

 

 

 

No chance we only get £30m for Maddison, not when he'll have x amount of suitors pushing his price up. We won't get what he's "worth", sure – but it won't be ~£30m.

[Dames]

13 minutes ago, Finnegan said:

 

This is ridiculously pessimistic to be honest. Maddison will still go for north of 40, more if there's a bidding war. Barnes is under contract until 2025 and is of significant importance to us. 

 

Those two combined will bring in close enough to 100 on their own. 

 

I know people love to cry about how incompetent they perceive us to be but we're still the club that held out for record fees for Maguire and Fofana. I mean the latter pretty much downed tools and threw a tantrum and we still took Chelsea for eye watering amounts. 

 

When you factor in the players we're getting off the wage bill, parachute payments and the fact we banked most of the Fofana money we're really not in the mess a lot of you are making out and the idea we'll be forced to have a budget clearance sale and wave off all our best players for cheap is silly. 

 

Whatever hysterical, over the top view people now have of our owners, they're still ultra capitalist retail giants. It's not just Top on his own either is it, it's a group and they know a thing or two about buying and selling, they aren't going to fvck off our prize assets for pennies. 

 

Newcastle barely bid 40m last summer when he has longer on his deal and wasn't twerking for a move in public. This summer it will be very different we are in a worse position. I want to be optimistic but I just can't see it. 

 

Barnes you have a point on but it entirely depends on his desire for a move and any solid interest in him. 

 

Part of the reason we are in this mess because there was no money to spend last summer. What makes this coming summer any different when our revenue is going to be cut in half? Can we also afford to spend all summer holding out and driving a hard bargain when our entire squad needs an overhaul? Look what happened when we let that happen with the Fofana deal. 

 

Another thing to factor in is that our entire parachute payments are now due to go to Macquire so we can't rely on that either. 

Edited 9 May 2023 by Dames

[Finnegan]

7 minutes ago, Dames said:

Part of the reason we are in this mess because there was no money to spend last summer

 

1. Because we spent the summer before without selling and we've always been clear that sales fund purchases.

 

2. Because we had far too many senior pros on the books not doing anything but taking a wage. 

 

The wage bill is about to be significantly reduced and we just sold a player for between 80 and 90 million, most of which we haven't reinvested. 

 

I'm not making out that we're suddenly Man City and everything is fine but we're almost certainly going to be in a stronger financial position than most of the panic on this forum would imply. 

 

And I really don't think the harebrained oddballs at Newcastle offering us offensive low ball bids for our best player is grounds to consider that his true value. Although it probably was partially their attempt at mind games so they can come back this year and offer less. 

 

If any of the big six actually come sniffing around his value will increase dramatically. 

[Dames]

4 minutes ago, Finnegan said:

 

1. Because we spent the summer before without selling and we've always been clear that sales fund purchases.

 

2. Because we had far too many senior pros on the books not doing anything but taking a wage. 

 

The wage bill is about to be significantly reduced and we just sold a player for between 80 and 90 million, most of which we haven't reinvested. 

 

I'm not making out that we're suddenly Man City and everything is fine but we're almost certainly going to be in a stronger financial position than most of the panic on this forum would imply. 

 

And I really don't think the harebrained oddballs at Newcastle offering us offensive low ball bids for our best player is grounds to consider that his true value. Although it probably was partially their attempt at mind games so they can come back this year and offer less. 

 

If any of the big six actually come sniffing around his value will increase dramatically. 

We've spent at least 45 million of it from Faes, Kristiensen, Tete and Souttar and even then we had to get a loan just so we could access the money early. The wage bill coming down is good but we are now going to be running into the same problems in the Championship, even if we halve it we will be running on half revenue and with stricter more enforced FFP at play. 

 

I'm prone to being pessimistic I'll admit that on that and the situation isn't the worst it could be but I do think something has to give this summer due to the scale of the rebuild and the cashflow issues we have and that is going to have to be quickfire player sales. We can't afford to drag our heels extracting every last penny and making a load of panic signings at over inflated prices last minute, one way or another we'll be paying. Whether it be underselling assets or overbuying replacements. 

[Qwerty]

23 minutes ago, Dames said:

Newcastle barely bid 40m last summer when he has longer on his deal and wasn't twerking for a move in public. This summer it will be very different we are in a worse position. I want to be optimistic but I just can't see it. 

 

Barnes you have a point on but it entirely depends on his desire for a move and any solid interest in him. 

 

Part of the reason we are in this mess because there was no money to spend last summer. What makes this coming summer any different when our revenue is going to be cut in half? Can we also afford to spend all summer holding out and driving a hard bargain when our entire squad needs an overhaul? Look what happened when we let that happen with the Fofana deal. 

 

Another thing to factor in is that our entire parachute payments are now due to go to Macquire so we can't rely on that either. 

I thought the lack of spending last summer was also due to FFP, not just lack of funds.  FFP runs over 3 years doesn't it, so a year of low spending presumably balances the books to an extent.  We bought players in January as a result.

[Dames]

Just now, Qwerty said:

I thought the lack of spending last summer was also due to FFP, not just lack of funds.  FFP runs over 3 years doesn't it, so a year of low spending presumably balances the books to an extent.  We bought players in January as a result.

Just mentioned it in my other post but we'll be dropping into the Champ which has stricter rules with half the revenue we currently have now. No doubt they'll be keeping a very close eye on us after what happened during our last stay down there. 

 

Its going to be a very very tough balancing act.  

[Finn Claw II]

I suspect we’ll have a few useless players on a massive wedge in Championship.  Vestegard / Ward being two of them. 

 

i could see us selling anyone  in the squad for an appropriate price. 

[Ric Flair]

2 hours ago, Finnegan said:

 

I dont really believe this if I'm honest. For a start obviously parachute payments are absurd and do cushion the fall a little.

 

Then Tielemans, Mendy, Hamza, Evans, Amartey, Soyuncu all out of contract. A couple of those really not to be sniffed at. 

 

Then we quite obviously sell Maddison, Barnes, Soumare and Castagne. You're looking at over a hundred million for that lot straight away in fees and that's without considering their impact on the wage bill. 

 

I'd also then expect Praet to finally go, think there's a reasonable chance Wilf gets a move, someone might take a chance on Ricardo at a reduced fee and I think we'd accept to get him off the wage bill. I reckon Vestergaard probably hangs around like an absolute leech still mind. 

 

So I gotta be honest, I don't think our financial situation will be as bad as a lot of people are making out. 

 

A lot of it depends on how we reinvest all of that. You have to hope that Glover is in his element and isn't as naive as a lot of our senior leadership and has been preparing for relegation. We should be in a good position to bully most of the EFL out of its brightest young British talent. 

 

It'll be a bloodbath because there's going to be so much upheaval at a time when the club is an absolute mess and has no direction. To remedy this and rebuild will take a monumental shift in leadership, decisiveness and know how. Where's that coming from? 

[Raj]

only the last few signings apparently have relegation clauses.....thats why we will be screwed financially if we dont offload.....

[Raj]

4 minutes ago, Ric Flair said:

It'll be a bloodbath because there's going to be so much upheaval at a time when the club is an absolute mess and has no direction. To remedy this and rebuild will take a monumental shift in leadership, decisiveness and know how. Where's that coming from? 

THIS THIS  and THIS!!

People just don't realise the true implications of relegation.

And this isnt me just being negative for the sake of it

[Muzzy_no7]

I think almost all of them have clauses in terms of wages. It’s very normal and standard procedure. Even the big six put these clauses in, it’s like a default. 

Doubt many have release clauses though. 

 

[sylofox]

Fofana money is not as much as some think. Seem to remember we had to accept a huge sell on profit clause. Plus we borrowed 40m against it already.

[Lambert09]

2 hours ago, Mickyblueeyes said:

Hold on. Is Hamza out of contract too ? Didnt we get him to sign a new one just before loaning him out to Watford ? Did we really increase his salary so Watford could enjoy him on loan ?

 

2 hours ago, Dames said:

He isn't he'll be coming back to us on 60k a week when we need it the least.

 

Another masterclass by the club.

there was a 6m option for them to purchase him and it sounds like they will snap our hands off at that price. 

 

the club actually did well with the new contract for him 

[Tommy G]

Has Jon Rudkin got one?

[StanSP]

3 hours ago, Dames said:

Very optimistic to be getting 100m for Maddison, Barnes, Soumare and Castange. Maddison is in the last year of his deal and we will be in financial trouble, we'll be lucky to get 30. Barnes 20-25 max and Castange and Soumare combined would barely scrape 15m. 

 

 

Hmm, have to disagree here!

 

£50-60m - Maddison

£30-40m - Barnes

£10m - Castagne
£5m - Soumare

 

I don't think Castagne is bad as people make out on here but I think I am in the minority there.

 

Think we will be hitting about £100m there.

 

Add some on for Ndidi and Iheanacho, we're well over it.

[Dames]

1 hour ago, Lambert09 said:

 

there was a 6m option for them to purchase him and it sounds like they will snap our hands off at that price. 

 

the club actually did well with the new contract for him 

I doubt they will if they are staying down. 

 

5 minutes ago, StanSP said:

Hmm, have to disagree here!

 

£50-60m - Maddison

£30-40m - Barnes

£10m - Castagne
£5m - Soumare

 

I don't think Castagne is bad as people make out on here but I think I am in the minority there.

 

Think we will be hitting about £100m there.

 

Add some on for Ndidi and Iheanacho, we're well over it.

Still think the Maddison numbers are too optimistic. We'd definitely be getting them if we stayed up but going down really damages our position as a selling club especially as he has one year left on his deal and will not be signing a new one.  

[That_Dude]

14 hours ago, STUHILL said:

Hadn't thought of that. Could mean we can barely field a team if everyone jumps ship on relegation release clauses. 

 

I suspect we will see lots of outgoings, but mostly from contracts expiring and us selling, rather than relegation release clauses though. 

Maddison, Tielemans and Soyuncu are all gone regardless, if I'm not wrong. I imagine Barnes will try to jump ship too.

[Lambert09]

11 minutes ago, Dames said:

I doubt they will if they are staying down. 

 

Still think the Maddison numbers are too optimistic. We'd definitely be getting them if we stayed up but going down really damages our position as a selling club especially as he has one year left on his deal and will not be signing a new one.  

they will be pushing to get promoted. 6m isn’t that much in the grand scheme of things. i kind of hope they don’t as i think we might need him 

[Chrysalis]

2 hours ago, sylofox said:

Fofana money is not as much as some think. Seem to remember we had to accept a huge sell on profit clause. Plus we borrowed 40m against it already.

Its zero in regards to next season, we already pay day loaned it off.

 

I am not joking when I think it will be loanees and youth players filling in the gaps of the departures.

Edited 9 May 2023 by Chrysalis

[Muzzy_no7]

1 hour ago, StanSP said:

Hmm, have to disagree here!

 

£50-60m - Maddison

£30-40m - Barnes

£10m - Castagne
£5m - Soumare

 

I don't think Castagne is bad as people make out on here but I think I am in the minority there.

 

Think we will be hitting about £100m there.

 

Add some on for Ndidi and Iheanacho, we're well over it.

Castagne was brought from an Atalanta side where he excelled as LWB and RWB in an attacking 3-4-3. Brendan brought him with 3 at the back in mind but it didn’t work for whatever reason.

 

Full back doesn’t suit him. 

[sylofox]

1 hour ago, Chrysalis said:

Its zero in regards to next season, we already pay day loaned it off.

 

I am not joking when I think it will be loanees and youth players filling in the gaps of the departures.

I'd be surprised if we spend 15/20m in total.

Whatever comes in.

[Hales]

If their contract isn't up, tell them tough you are staying and playing in the championship. Don't let them jump ship when they play like that.....