Welcome Joao Cancelo

Welcome João!! This is such an exciting signing, this window has been a true Txiki masterclass.
 
The inflated values are accounting trickery and favour both clubs. Does nobody remember the crazy Serie A days in the late 90s/early 00s? Clubs used to do these crazy multi-player swap deals all the time and fringe players would get overvalued to create false profit for both clubs.
 
couldn't give a shit how much he costs, just hope he rakes his studs down Mo's calf in the first five minutes against the dippers !
 
We've played a blinder as Danilo is probably worth half of €37m.
Why ? He's worth what they've paid or they wouldn't have paid it.

I guess the deal could have been €137m for Danilo, and €165m for Cancelo, and it makes no great difference, the bottom line is we have paid €28.6m for him, no matter what numbers are used.
 
Am I right in thinking -

Taking Danilo’s book value into account

(27m amortised over 2 years of a 5 year contract).

His book value was about £17m.

We’ve sold him for 34 so made about 17m on him.

Cancelo’s fee was 26m. Take the 17m
We’ve just made on Danilo away and Cancelo has cost about 9m?
No.

If you do the Danilo math, then you have to count Cancelo at £60M!
 

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