Popular Post StanSP Posted 8 July 2024 Popular Post Posted 8 July 2024 23 minutes ago, coolhandfox said: 50m Only two players from the Scottish League have gone for over 20m in history.... Jon Rudkin: challenge accepted! 1 7
KP Fox Posted 10 July 2024 Posted 10 July 2024 On 07/07/2024 at 00:56, HankMarvin said: HOT PROPERTY Major Celtic hero Matt O’Riley transfer update as second Premier League side launch big money bid to replace £30m star They think he could be a like-for-like replacement for one of their biggest stars https://www.thescottishsun.co.uk/sport/13087064/celtic-matt-oriley-transfer-leicester-southampton-atletico-fee/ Someone please explain to me this because I am not knowledgeable about such matters : Why have we sold our best player for £30m to avoid further points deduction only to replace him with someone who is going to cost £50m? 1
Dahnsouff Posted 10 July 2024 Posted 10 July 2024 Just now, KP Fox said: Someone please explain to me this because I am not knowledgeable about such matters : Why have we sold our best player for £30m to avoid further points deduction only to replace him with someone who is going to cost £50m? We won't be buying him for 50m, it is just rage inducing click bait.
ClaphamFox Posted 10 July 2024 Posted 10 July 2024 15 minutes ago, Dahnsouff said: We won't be buying him for 50m, it is just rage inducing click bait. Also, we had to sell KDH before 30 June to avoid another PSR breach. We're now in a different accounting period. Judging from our reported interest in O'Riley and Soule, the club has decided we can afford to spend £20m+ on an attacking midfielder this summer. 2
CrispinLA in Texas Posted 10 July 2024 Posted 10 July 2024 Massive profit for Celtic, they bought him for only 1.5m afew seasons ago
Dahnsouff Posted 10 July 2024 Posted 10 July 2024 14 minutes ago, ClaphamFox said: Also, we had to sell KDH before 30 June to avoid another PSR breach. We're now in a different accounting period. Judging from our reported interest in O'Riley and Soule, the club has decided we can afford to spend £20m+ on an attacking midfielder this summer. Yes, I agree with that, but not that any of the names we are linked with are worth us spending 50m on.
ALC Fox Posted 10 July 2024 Posted 10 July 2024 1 hour ago, KP Fox said: Someone please explain to me this because I am not knowledgeable about such matters : Why have we sold our best player for £30m to avoid further points deduction only to replace him with someone who is going to cost £50m? 51 minutes ago, ClaphamFox said: Also, we had to sell KDH before 30 June to avoid another PSR breach. We're now in a different accounting period. Judging from our reported interest in O'Riley and Soule, the club has decided we can afford to spend £20m+ on an attacking midfielder this summer. Also the £30m received goes onto a single year's accounting period. However, purchases are spread out over the course of the player's contract (up to 5 years) in the accounts. So, potentially, if we did something daft like buy a player for £50m then KDH's sale is £30m received in 2023/24 (because of when he was sold) and the £50m player potentially costs us £10m minimum in 2024/25. So it's feasible providing other outgoings mean we don't breach PSR. 1
Grebfromgrebland Posted 10 July 2024 Posted 10 July 2024 1 hour ago, KP Fox said: Someone please explain to me this because I am not knowledgeable about such matters : Why have we sold our best player for £30m to avoid further points deduction only to replace him with someone who is going to cost £50m? If I've learned one thing on this forum its all about amortisation. 3
Iwebema Posted 10 July 2024 Posted 10 July 2024 1 hour ago, KP Fox said: Someone please explain to me this because I am not knowledgeable about such matters : Why have we sold our best player for £30m to avoid further points deduction only to replace him with someone who is going to cost £50m? The PSR rules work in accounting periods, so KDH was for last year and we are now in a new year. Also I don't really understand why they do it this way, but the selling club gets to record the sale as lump sum (minus any you owe on a player) where as the buying club get to record the spend across a 5 year period. So we record 30 million for the books selling kdh, but buying O'Reily for 30 million would be recorded as 6 million per year for the 5 years. If it was in the same accounting period you would reflect that you are 24 million in profit for the year despite the total outlay being the same. This is what this amortisation everyone has been talking about is.
Claridge Posted 10 July 2024 Posted 10 July 2024 1 minute ago, Iwebema said: The PSR rules work in accounting periods, so KDH was for last year and we are now in a new year. Also I don't really understand why they do it this way, but the selling club gets to record the sale as lump sum (minus any you owe on a player) where as the buying club get to record the spend across a 5 year period. So we record 30 million for the books selling kdh, but buying O'Reily for 30 million would be recorded as 6 million per year for the 5 years. If it was in the same accounting period you would reflect that you are 24 million in profit for the year despite the total outlay being the same. This is what this amortisation everyone has been talking about is. BECAUSE IT'S RUBBISH
Popular Post Stadt Posted 11 July 2024 Popular Post Posted 11 July 2024 1 minute ago, stu said: Not all that surprising that our old mate Mongerton is all over it. 3 3
honeybradger Posted 11 July 2024 Posted 11 July 2024 Just now, Stadt said: Not all that surprising that our old mate Mongerton is all over it. Congerton left Atalanta a while ago.
StanSP Posted 11 July 2024 Posted 11 July 2024 O'Riley to Atalanta Koopmeiners to Juve Soule to Leicester
StriderHiryu Posted 11 July 2024 Posted 11 July 2024 7 minutes ago, StanSP said: O'Riley to Atalanta Koopmeiners to Juve Soule to Leicester Replace Leicester with Fulham and you’re spot on 2
Popular Post Finnegan Posted 11 July 2024 Popular Post Posted 11 July 2024 24 minutes ago, StanSP said: O'Riley to Atalanta Koopmeiners to Juve Soule to Leicester 15 minutes ago, StriderHiryu said: Replace Leicester with Fulham and you’re spot on O'Riley to Atalanta Koopmeiners to Juve Soule to Fulham Cordova Reid to Leicester 1 17
Popular Post EnderbyFox Posted 11 July 2024 Popular Post Posted 11 July 2024 12 minutes ago, Finnegan said: O'Riley to Atalanta Koopmeiners to Juve Soule to Fulham Cordova Reid to Leicester 1 5
moore_94 Posted 11 July 2024 Posted 11 July 2024 33 minutes ago, StriderHiryu said: Replace Leicester with Fulham and you’re spot on Have they been linked with Soulé? Fulham are after Smith-Rowe
FoxinNotts Posted 11 July 2024 Posted 11 July 2024 2 hours ago, stu said: Atalanta's bid was £15m apparently. Rejected. Word on the street is £20m + £5m in add-ons gets this done. We really should be all over that, for that price. Also, I know we jest, but they are after a keeper, so we could give them Iversen or Ward as make-weight
Edingleyfox Posted 11 July 2024 Posted 11 July 2024 1 minute ago, FoxinNotts said: Atalanta's bid was £15m apparently. Rejected. Word on the street is £20m + £5m in add-ons gets this done. We really should be all over that, for that price. Also, I know we jest, but they are after a keeper, so we could give them Iversen or Ward as make-weight If £20m plus add-ons is the figure this would seem much less of a gamble than Soule at the same sort of price and more of a direct KDH replacement. I'm worried that we only have 2 established premiership central midfielders and at the moment nobody that adds goals on a regular basis. 1
LestaLad Posted 11 July 2024 Posted 11 July 2024 38 minutes ago, FoxinNotts said: Atalanta's bid was £15m apparently. Rejected. Word on the street is £20m + £5m in add-ons gets this done. We really should be all over that, for that price. Also, I know we jest, but they are after a keeper, so we could give them Iversen or Ward as make-weight Bloody hell that’s criminal if that’s all it takes and we aren’t all over it.
Dr The Singh Posted 11 July 2024 Posted 11 July 2024 1 minute ago, LestaLad said: Bloody hell that’s criminal if that’s all it takes and we aren’t all over it. Rudkin is busy trying to convince Danny Ward to stay with a 10 year and 10 metres extension to his house. Plus he only does deals with fax, Celtic dont have one
westernpark Posted 11 July 2024 Posted 11 July 2024 If we don’t end up shifting a centre back after re-signing Vestegaard and signing Okoli, I’ll be very annoyed we don’t spend money on O’Riley.
Bob Weasel Fox Posted 11 July 2024 Posted 11 July 2024 1 hour ago, FoxinNotts said: Atalanta's bid was £15m apparently. Rejected. Word on the street is £20m + £5m in add-ons gets this done. We really should be all over that, for that price. Also, I know we jest, but they are after a keeper, so we could give them Iversen or Ward as make-weight Ward is more like a dead weight but I like your thinking . . . 2
gurru991 Posted 11 July 2024 Posted 11 July 2024 1 hour ago, FoxinNotts said: Atalanta's bid was £15m apparently. Rejected. Word on the street is £20m + £5m in add-ons gets this done. We really should be all over that, for that price. Also, I know we jest, but they are after a keeper, so we could give them Iversen or Ward as make-weight Oh Man. ... That got me all excited . Danny Ward to Celtic. That's what dreams are made of !! 2
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