Bob Smiles
Well-Known Member
- Joined
- 2 Aug 2017
- Messages
- 332
Paying the money for Mbappe isn't the issue. Funding the amortisation and wages is. That's about £50M a year
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Why not? A sale is banked while in this year, a purchase is amortised. It could certainly help them pass this year if nothing else.Missed the point, I doubt selling Aurier in isolation would fund Mbappe or allow compliance with FFP.
And their pre tax profits were 83m euros last year.Paying the money for Mbappe isn't there issue. Funding the amortisation and wages is. That's about £50M a year
The line that it's difficult for them to meet FFP and buy Mbappe this year, seems to be coming from PSG themselves though. The impression I get is they need a few sales to be able to do it, only they would know how many.Why not? A sale is banked while in this year, a purchase is amortised. It could certainly help them pass this year if nothing else.
Why not? A sale is banked while in this year, a purchase is amortised. It could certainly help them pass this year if nothing else.
Ah, thanks.Missed the point, I doubt selling Aurier in isolation would fund Mbappe or allow compliance with FFP.
Mbappé is going to cost 200m and 12m/year in wages. 5 year contract and that becomes 52m/year.
Aurier was bought for 10m 2 years ago on a 4 year deal, and allegedly earns €5m/year.
So they'd need to sell him for,what, 50m for him to balance the cost of Mbappé for a year? Latest rumours suggest it'll be more like 20m.
EBITDA? If so, not sure that that is a useful guide to their ability to pass FFP as it excludes amortisation of transfer fees?And their pre tax profits were 83m euros last year.
I know that. But is SWP's figure before amortisation. That was my question. I think it isEarnings before interest, taxes, depreciation and amortization