Bilal El Khannouss to Stuttgart Permanent - Confirmed by Stuttgart

[whoareyaaa]

Another nail in the coffin 

[Chrysalis]

Club got itself into a position where we have limited negotiation position on selling players.

[Stavros81]

4 minutes ago, whoareyaaa said:

Another nail in the coffin 

Yep gonna pop down to Screwfix to grab some more 

[1972 Fox]

5 hours ago, Sol thewall Bamba said:

I wonder when this will be confirmed by LCFC. November maybe?

End of season announcement incoming. "Leicester City can confirm that Moroccan midfielder Bilal El Khannouss has joined German Bundesliga club Stuttgart on a permanent deal for an undisclosed fee."

[ronnup]

Miserable business that. Shameful 

[Terraloon]

Not the most accurate but I rely as much on Transfermarket as any other source.

 

It’s  stated that he signed in 24/25 for €22.5 m and that a loan fee of €3 m was received .

 

At the end of 24/25 his remaining value would have been €18 m and although not at the end of 25/26 that value will be down to €13.5m however as the transaction happened, it seems in 25/26 the sum that needs to be used is €18 m

 

i would imagine that around 50% of his initial fee is still owing along with circa 60% of his signing on fee that will become payable immediately. 
 

 

So what does all  that mean?
 

Well effectively the reported €15 million fee and €3 m fee spooky as it seems matches  his book value. So accounting broadly neutral but it’s those pesky wages,  likely agents fees etc which added up mean…. A disaster 

 

 

 

 

 

 

 

 

[BKLFox]

11 hours ago, Terraloon said:

Not the most accurate but I rely as much on Transfermarket as any other source.

 

It’s  stated that he signed in 24/25 for €22.5 m and that a loan fee of €3 m was received .

 

At the end of 24/25 his remaining value would have been €18 m and although not at the end of 25/26 that value will be down to €13.5m however as the transaction happened, it seems in 25/26 the sum that needs to be used is €18 m

 

i would imagine that around 50% of his initial fee is still owing along with circa 60% of his signing on fee that will become payable immediately. 
 

 

So what does all  that mean?
 

Well effectively the reported €15 million fee and €3 m fee spooky as it seems matches  his book value. So accounting broadly neutral but it’s those pesky wages,  likely agents fees etc which added up mean…. A disaster 

 

 

 

 

 

 

 

 

+ a sell on fee 

[Supergray22]

19 hours ago, GLC said:

Someone should print out 1000 of those to make paper aeroplanes for the Preston match warm up. 

[moore_94]

12 hours ago, Terraloon said:

Not the most accurate but I rely as much on Transfermarket as any other source.

 

It’s  stated that he signed in 24/25 for €22.5 m and that a loan fee of €3 m was received .

 

At the end of 24/25 his remaining value would have been €18 m and although not at the end of 25/26 that value will be down to €13.5m however as the transaction happened, it seems in 25/26 the sum that needs to be used is €18 m

 

i would imagine that around 50% of his initial fee is still owing along with circa 60% of his signing on fee that will become payable immediately. 
 

 

So what does all  that mean?
 

Well effectively the reported €15 million fee and €3 m fee spooky as it seems matches  his book value. So accounting broadly neutral but it’s those pesky wages,  likely agents fees etc which added up mean…. A disaster 

 

 

 

 

 

 

 

 

He joined on a 4 year deal so each year would be worth €5.6m

 

So would actually be a profit?

[Ric Flair]

39 minutes ago, moore_94 said:

He joined on a 4 year deal so each year would be worth €5.6m

 

So would actually be a profit?

It's still shocking business for a player who did well enough here that his stock rose. 

[filbertway]

41 minutes ago, moore_94 said:

He joined on a 4 year deal so each year would be worth €5.6m

 

So would actually be a profit?

Year 1 5.6m + 1.5m wages - Let's be kind and say we stuck him on 30k a week. 8.1m loss
Year 2 16.8m - 20m  -  3.2m profit (assuming it goes on this years accounts)

 

So overall a loss of approx 5m on a player that who's improved and has a much better rep now.

 

At least we get to see that +3.2 come into it's own in 2 years though.

 

 

 

 

 

[Andrew]

The issue was the guy downed tools and didn't want to be an LCFC player under any circumstances. Major bad apple who was a bit outspoken when he joined the club ( or at least his agent mother was) So we got him off the books quickly, it was best that he was gone. The only offer came in from Stuttgart and it was grabbed to support PSR. If we have a decent sell on clause then to me it's best all-round if not, then that's another issue . He'll do exactly the same at Stuttgart to engineer a move before next season is done.

Edited 26 March by Andrew

[moore_94]

20 minutes ago, Ric Flair said:

It's still shocking business for a player who did well enough here that his stock rose. 

His stock definitely rose with us but I think it says a lot about how he was seen by other clubs last summer that there was seemingly no genuine strong interest in him for the majority of the window, no one wanted to pay his release clause, and Stuttgart were able to come in with such a poor loan deal with no competition very late in the window and no one else seemingly even tried to gazump them

[winteriscoming]

I take it there’s a percentage that will go to where we got him from. 

[Terraloon]

1 hour ago, moore_94 said:

He joined on a 4 year deal so each year would be worth €5.6m

 

So would actually be a profit?

Odd isn’t it assumed that it was a 5 year deal but no you are right it was a 4 year one.

 

[Terraloon]

2 hours ago, moore_94 said:

 

 

 

[MrsJohnMurphy]

23 hours ago, winteriscoming said:

I take it there’s a percentage that will go to where we got him from. 

A percentage of the profit so they're paying us 500k

[Lambert09]

Will be remembered as a loan player who didn’t do that much. He will be remembered in the same lane as Kyle naughton and Curtis Davies. Because he may as well have been on loan 

Edited 28 March by Lambert09

[Sly]

He’s clearly talented.

 

Bit of a ***** and about as likeable Trump. 

 

Has already had run ins at Stuttgart.

 

He’ll down tools at some point to engineer a move I’d imagine. However Stuttgart are a decent team now in Germany. Should finish 3rd this season. 2nd a few year ago.

 

Hasn’t really got going again since the AFCON final. 
 

I’m still assuming he paid Kasper to throw a few in during this game