Bob Smiles
Well-Known Member
- Joined
- 2 Aug 2017
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- 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
Emirates don't sponsor them anymore. They signed a new deal with Qatar Airways.From the BBC
They declared a profit of 10.4m euros (£9.4m) at the end of the 2016 season. Think that must be Net profit
They earn 28m euros (£25.3m) a year from Emirates as shirt sponsors - eight times more than before the Qatari owners arrived - which is the eighth biggest deal of any a club, a little bit more than Manchester City but still behind Manchester United (£57.3m) or Chelsea (£46m).
Neymar, though, will be a catalyst to bolster their revenue even further. According to some experts, the Brazilian could increase by 50% or even double the value of deals PSG will renegotiate.
The club also expect different brands to queue up to work with them, with new business opportunities in Brazil, Asia and the USA, where the club are already well established.
Currently, PSG are sixth in the Deloitte money league with a turnover of £389.6m in 2016 (up 8% from 2015). The theory is that Neymar will help the club close that gap.
Emirates don't sponsor them anymore. They signed a new deal with Qatar Airways.
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.
Emirates don't sponsor them anymore. They signed a new deal with Qatar Airways.
To add to Domalino, there were rumours that PSG are terminating their contract with Emirates. These rumours coincided with the rumours of Qatar paying for Neymar's transfer and all that BS, so I wouldn't bet on it. Sometime later, media started reporting that the contract with Emirates is in fact not going to be terminated, but will be extended next year. As of now, Emirates still sponsor PSG and will do for the current season. Everything else is hearsay.Not true. Emirates do sponsor them.
Qatar Airways might sponsor them after that ends.