Bilal El Khannouss (Stuttgart loan, official)

[StanSP]

All well and good talking about loan fees. And whilst we'll probably never know what exactly that amount is, I don't exactly trust Rudkin to have got a good enough one to help us out... 

[Sunbury Fox]

2 minutes ago, FoxinNotts said:

I mean come on. As much as I like to slate Rudders and co, it would actually indicate that we don't need more large scale money through the door. Especially with the fact that we immediately need to present a plan to the EFL. We simply must be in a more comfortable position.

Even if we are now in the clear with PSR then surely we should be getting the best deal possible and this feels far from that. 

[MGLCFC]

Just now, moore_94 said:

Would need to be a loan fee of around £8.5m to push it to £30m

 

Can't see it personally

Wouldn't a loan fee of £5m and wages say £2m, gives us £7m to spend, which would equate to £28m on 4 year deals?

[FoxesWalk]

3 minutes ago, Dahnsouff said:

His value could well increase I guess, more than a season in the Championship would provide 

 

Trying to see the upside is getting kinda tiring. 

If his value did go up, the most we will get is €25m anyway, unless Stuttgart go mental with spending and can’t buy him  

[Sly]

1 minute ago, MGLCFC said:

If sold for £25m, what profit are we making? £4m? So if the loan fee is £5m and his wages £2m, then the profit is £7m for this year. If we sell for £22m next year, that's abetter deal than a straight £25m sale isn't it?

He was purchased for £21m on a 4 year deal.

 

So he’s costing us £5.25m per year for PSR, or book value at £15.75m.
 

As long as the loan fee is more to a the £5.25m and they’re covering the wages, we shouldn’t be on a negative position on PSR.

 

[adejo92]

Ever feel like you've developed a completely unreasonable dislike for someone....

 

Glad to see the back of the rat. He'll be forcing a move from them in a few months.

[Dahnsouff]

Just now, FoxesWalk said:

If his value did go up, the most we will get is €25m anyway, unless Stuttgart go mental with spending and can’t buy him  

Yes, assuming the 25m has no other conditions, it’s crap

[Lad1966]

3 minutes ago, FrankieADZ said:

what I mean, we dont know the loan fee, suspect its between 5/10 mil, which isnt bad to get someone in and it isnt full on Stuggart's books,

so it might look bad but the loan fee takes us to what we want

That’s what suspect is the case. I hope we get a min of £5m loan fee!

[Dan]

If that deal is true then we would quite literally be better off to have never signed him.

 

This means we're locked into all of the potential downside. Say he flops at Stuttgart we get him back with his tail between his legs. If he does well there, we just get our money back for a post relegation level fee, nominal profit of which we just paid on his wages anyway.

 

It's totally amateurish. I think keeping him here despite his sulking, chancing he has a change of heart trumps this deal. It stinks.

[Ric Flair]

1 minute ago, Sly said:

He was purchased for £21m on a 4 year deal.

 

So he’s costing us £5.25m per year for PSR, or book value at £15.75m.
 

As long as the loan fee is more to a the £5.25m and they’re covering the wages, we shouldn’t be on a negative position on PSR.

 

That's true, this is absolutely horrendous. What's gone from being a £10-15m book value profit is now lucky if we've broken even.

[Sly]

2 minutes ago, adejo92 said:

Ever feel like you've developed a completely unreasonable dislike for someone....

 

Glad to see the back of the rat. He'll be forcing a move from them in a few months.

It’s him and Kristinsen for me 

[JimJams]

2 minutes ago, MGLCFC said:

Wouldn't a loan fee of £5m and wages say £2m, gives us £7m to spend, which would equate to £28m on 4 year deals?

Saving wages is irrelevant.  We're comparing this loan to a sale.  If we sell him we no longer pay his wages.  So loaning him out and getting his wages off the books is no different to a straight sale.  It's not a saving when compared to selling him.  Only keeping him.  Which again is irrelevant.

[FrankieADZ]

2 minutes ago, moore_94 said:

Would need to be a loan fee of around £8.5m to push it to £30m

 

Can't see it personally

they would tbf(as theyve just got 70mil for Woltemade), as they dont need to disclose it, its incredibly rare any team says how much they pay for loans, and imo its with between 5/10mil , or say 5mil we've had lower to get to around 30mil euro with a sell on

[moore_94]

1 minute ago, Ric Flair said:

That's true, this is absolutely horrendous. What's gone from being a £10-15m book value profit is now lucky if we've broken even.

I suppose the only hope then is that they do actually buy him next summer and we can book the profit in the next period?

 

Although I imagine it would technically actually come in this period still anyway as they would need to utilise their option before his loan contract ends?

[moore_94]

1 minute ago, FrankieADZ said:

they would tbf(as theyve just got 70mil for Woltemade), as they dont need to disclose it, its incredibly rare any team says how much they pay for loans, and imo its with between 5/10mil , or say 5mil we've had lower to get to around 30mil euro with a sell on

If they are willing to shell out that much of a loan fee in this period because of how much money they have from sales, we should be pushing them for a permenant deal

 

They can absolutely afford it

[Hamilton Fox]

8 minutes ago, FoxinNotts said:

I mean come on. As much as I like to slate Rudders and co, it would actually indicate that we don't need more large scale money through the door. Especially with the fact that we immediately need to present a plan to the EFL. We simply must be in a more comfortable position.

This makes no sense in that so what if we

have already complied with it? It doesn’t mean you suddenly give away your most valuable players on shitty loan deals 

[moore_94]

This fvcker is ending up beyond Fofana levels for me

 

At least he was actually good and got us a massive fee

[LVFox]

First thoughts the same as you all, and then I remembered that I was on here at the start of the summer saying he wouldn’t play championship football and best we could hope for was a loan to the continent and hope we see him next season back in the prem.

 

A) clear he wants to go
B) apparently it’s technically with an option but very likely they are met, so pushes profit into the next year instead of this one (which is fine after JJ and Kasey sales)
C) if it doesn’t get triggered…we still have Bilal

[FoxesWalk]

3 minutes ago, Ric Flair said:

That's true, this is absolutely horrendous. What's gone from being a £10-15m book value profit is now lucky if we've broken even.

It suggests we are compliant this year already and that we want the fee in next years accounts, and there will be a further 5.25m off his book value by then… 

 

The thinnest of silver linings? 

[whoareyaaa]

Probably be 5m now and then 25m in the next period which is probably about right as we wont have many outgoings next season (psr reasons)

Edited 31 August 2025 by whoareyaaa

[Mickyblueeyes]

Ok, the latest report is a pretty shit deal

[VLC86]

It can’t be a loan, surely we aren’t this shit at everything 😂

[Mike Oxlong]

Option to buy = if he has a decent season with us we'll have him for less than he is worth when we complete the purchase but if he's crap you can have him back 🤔

[LiliansLeftPeg]

Just now, MGLCFC said:

Wouldn't a loan fee of £5m and wages say £2m, gives us £7m to spend, which would equate to £28m on 4 year deals?

No, that's over-simplifying amortisation and ignoring business capital and revenue. That £5m isn't going to recur next year and you need to pay the new player a wage too. Your scenario would give us £5m to spend on a player and £2m for a year on wages. Far more likely we cover prior years commitments to amortisation with the loan fee. Or pay Macquarie. 

[dannythefox]

A loan deal is terrible. Get in the bin. Shocking