Maynard

[Jollie]

hes signed for west ham

[Bob Weasel Fox]

Cracking...

open the champers when we sign a forward at last?

[Jollie]

4th official just tweeted we're in open discussion about the structure of the deal. Essentially this means we have agreement over the total figure (putting aside add ons) and are haggling over the payment plan. Despite what many think, transfer fees are often paid on installments rather than lump sum - helps with affordability and means fres can be spread accross more than 1 set of yearly accounts improving the financial look of the club. Presumably Bristol are pushing for a front loaded deal and we're looking to stage payments over a longet period. This is completely different and seperate to add ons. hopefully not long (crosses fingers)

Fromage Fres?

[Guest shearfox]

Why is this the most complex transfer ever?

Bristol have just tried to hold on to him for as long as possible but may be starting to realise he wants to play for a bigger club...

[Guest ttfn]

Despite what many think, transfer fees are often paid on installments rather than lump sum - helps with affordability and means fres can be spread accross more than 1 set of yearly accounts improving the financial look of the club.

How we pay for it has zero effect on the club's accounts. Once the total amount (pre-add ons) is agreed the only thing which changes the effect on the club's accounts is the length of Maynard's contract.

[Legend_in_blue]

Fromage Fres?

...fromage frais.

[Jollie]

Fourth Official

I'm not saying the Maynard deal isn't happening, its very very close to finally coming to a conclusion, not quite accepted yet though, soon

[Jollie]

...fromage frais.

Sorry

[topharry123]

Fourth Official

I'm not saying the Maynard deal isn't happening, its very very close to finally coming to a conclusion, not quite accepted yet though, soon

Is there an echo in here

Is there an echo in here

Is there an echo in here

[Legend_in_blue]

Sorry

C'est bon. Profiter de votre bière.

[Howard9]

Is there an echo in here

Is there an echo in here

Is there an echo in here

[Northants Fox 3]

Is there an echo in here

Is there an echo in here

Is there an echo in here

ECHO

ECHO

ECHO

echo

echo

echo

echo

[Bob Weasel Fox]

ECHO

ECHO

ECHO

echo

echo

echo

echo

[Salieri]

Going off topic is all well and good in any thread as long as one vital ingredient is always present.

Humour.

[Raw Dykes]

How we pay for it has zero effect on the club's accounts. Once the total amount (pre-add ons) is agreed the only thing which changes the effect on the club's accounts is the length of Maynard's contract.

I'm nitpicking, but you get more interest if you pay fully or in part by installments, rather than all at once. You could pay the full £6.5m up front and go without the interest that money would have generated in interest, or pay, say, £200k a month for a few years and still have millions in the bank, and the interest it brings in on top of it.

I expect a lot of transfers are part up front fee, and part installments as a compromise between the buyer and seller.

[Northants Fox 3]

I just wish something would happen :frantics:

Cause it's making me :ill:

[Guest shearfox]

I'm nitpicking, but you get more interest if you pay fully or in part by installments, rather than all at once. You could pay the full £6.5m up front and go without the interest that money would have generated in interest, or pay, say, £200k a month for a few years and still have millions in the bank, and the interest it brings in on top of it.

I expect a lot of transfers are part up front fee, and part installments as a compromise between the buyer and seller.

Yep even if you play FM you know not to pay the fee in full....

[Guest ttfn]

I'm nitpicking, but you get more interest if you pay fully or in part by installments, rather than all at once. You could pay the full £6.5m up front and go without the interest that money would have generated in interest, or pay, say, £200k a month for a few years and still have millions in the bank, and the interest it brings in on top of it.

Indeed you are nitpicking. 99% sure this isn't the club's money so the interest wouldn't show in the accounts anyway.

You're right though, from KP's cash flow perspective spreading the fee makes sense. But, and I must emphasise this, the cash structure of the deal does not effect the accounts. Once the guaranteed fee is agreed, the only thing which determines what is shown in the accounts is the length of contract.

[Jobyfox]

i really hope that :sge: can sort this out soon so NM can become a :fox:

This is fast becoming the most protracted transfer saga in LCFC's history and frankly everybody is starting to

So NM just goodbye to BCFC and give them the on a new contract so we can all finally you.

Then people might be able to finally and stop using silly emoticons to illustrate their points, which is frankly beginning to make me rather

[Bob Weasel Fox]

I just wish something would happen :frantics:

Cause it's making me :ill:

dont worry, have patience (i know i feel exactly the same about this never ending story!!!)

[AoWW]

I told davieG he needed to put that jumper in the wash!

[Northants Fox 3]

dont worry, have patience (i know i feel exactly the same about this never ending story!!!)

:clap:

I told davieG he needed to put that jumper in the wash!

[Ozwin]

EVERYONE

Just stop posting.

[Jobyfox]

[Guest]

How we pay for it has zero effect on the club's accounts. Once the total amount (pre-add ons) is agreed the only thing which changes the effect on the club's accounts is the length of Maynard's contract.

I'm no accountant but surely it affects the amount having actually left the clubs accounts during the year? although the remaining sum will still be held as a liability the increased funds being held affects interest payments and the current yrars budget surely?

I accept I may be wrong. fairly moot point though to be fair!