Adebayor gone (& we aren't paying his wages)

[BusterPhillips]

Re: Adebayor gone (Official)

More I think of it the more I think Spurs have been duped.

4m last year for the loan fee last season
5m signing on fee to Adebayour
5m transfer fee to City
85k per week over 4yr (17.7m)

Total cost of transfer: 31.6m who will be thirty three yrs old when his contract expires...

 

[Marvin]

Re: Adebayor gone (Official)

exactly

does sniff not understand that the best thing to have are players the manager will play?

Geee i hope so..

But if anyone thinks thats the point then you're being a little silly... we got a £5million fee.... thats it, its poor.... dont bullshit yourselves saying actually we saved £23m if you include his wages...

well, not unless you are going to say Aguero cost, what ? £60 ? because we need to count his wages too

Whether it's £175k per month, or £100k per month for 2 more years. That is money saved - and Adebayor wouldn't play for us. So it's £5m plus his wages. You maybe right that City will use the saved wages on another player - but that will be another player.

 

[Damanino]

Re: Adebayor gone (Official)

I bet Levy will be able to get 10+ fee for him if they decide to sell Adebayor.

Selling old Corluka for 5m, getting Adebayor for 4-5 m. They also get 9m for Dawson from QPR.

 

[Rammy Blue]

Re: Adebayor gone (Official)

Right then smart arse, am i supposed to cry like a little boy now you used nasty words... grow up and get a grip... i was pointing out that you are quite abrasive to everyone almost everyone, in a quite plesant way, a way you seem unable to communicate... thats you're flaw fella, not mine...


I am only suggesting the figures reported in the public domain, now i am fully aware that they could be wrong... but unless you have other facts and figures to back up that its rubbish, then you know as much as me... so dishing out the know nothing line is a silly as its childish. If you have other figures fair enough, but show them eh.. that might work.


I do not struggle with the maths as i understand the figures you put ot, but its all spun very well, almost like you work in a PA dept or something...

Common sense would dictate that any saving on wages will instantly be taken up with the incoming player/s. will it not ?

Common sense will also dictate that we will pay a hefty fee for said player/s

So the saving of £23 million will never exist will it ? since it will be taken in wages and new fee's it will go as a loss... since the £5million will not cover any fee for any of the suggested incomming transfers other than Sinclair...

Now im sure if you are an accountant as you say that will make perfect sense... you rob peter to pay paul, to coin a phrase. If we make a new signing it most certain wont see a £23m saving will it.

As an addage to the little backpatting session.... if he plays or not ? how do you account that exactly as a saving ? would we have lost and extra £23m if he stayed, or will it still cost that ammount to get someone in....

creative thinking gets you around a lot, but not that a wage subsidy and a poor fee is a bad deal for us

Are you being serious or on the wum?

Come on then mensa... pick the argument apart rather than a two word comment.

You see i made a point, you havent... so what do you think we saved or got out of the deal ? if you are to ridicule my point id think you would have one too.

I'll keep it simple then.

How many clubs were prepared to buy Ade off us?

Why was there no big queue of clubs?

No-one in the current climate could get anywhere near the wages he wanted, except for clubs like Anzhi perhaps, however he had no interest in going there.

Therefore if we had not accepted the 5mil offer we would have a player sat on his arse picking up 170k per week.

Of course, in reality, Ade would normally command a fee of over 5mil, I've said on here before that he's easily a 15/20mil striker, unfortunately no-one would pay that when they need to take into account the wages.

So we accept a reduced fee so that Spuds can offset the reduction in his wages by giving him a signing on fee.

Now we have space in the squad and wage bill to bring in a new player, so all's well.

What's so hard to understand?

 

[gordondaviesmoustache]

Re: Adebayor gone (Official)

I knew he'd blink first.

 

[SWP's back]

Re: Adebayor gone (Official)

You do realise how you come accross in replying to message's dont you ? you always seem to be telling someone they are wrong, and being a bit David Brent about it...

Yes they got £4million in a loan fee, but to add that to this is pointless isnt it. That fee was easily swallowed up last season paying our portion of his wage. I never once said we paid the full ammount, but we did pay a huge portion of it clearly. I have no idea where that came from ? but if we paid hal as was suggested in the press that's us £100k down on the year.

If, as suggested we are paying £80k a week towards his wages, then the savings you posted are way off ?

80k per week, £4.16m a year x2 = £8.3m/ £23m- £8.3 = £14.7m

The saving is onlny nominal anyway if you consider that we will replace that wage, so its not a saving it's just being moved on to another incoming player... so after all of that we still sold a top quality player for £5m...

we for cetain wont be going to napoli pointing out that they will save £5million a year, times that by three =£15 so if we give you £15m for Cavani you actually have £30m... will they ?

We aren't and the only people suggesting it have no idea about the deal and have confused themselves with the talk of Many City subsidising it.

We have just received £5m and are not paying anything out. The "subsidising" is the fact we allowed him to leave for £5m rather than the £10-12 we wanted. Is it a great deal for City? Is it fuck, but it is a lot better than could have happened and we are still £23m better off thanks to it over the next 2 years. If you still struggle with the maths then get back to me and I shall pm you the working out.

And if you don't like the way I reply, tough fucking luck, foe me if you want as I couldn't care less.

I

Right then smart arse, am i supposed to cry like a little boy now you used nasty words... grow up and get a grip... i was pointing out that you are quite abrasive to everyone almost everyone, in a quite plesant way, a way you seem unable to communicate... thats you're flaw fella, not mine...


I am only suggesting the figures reported in the public domain, now i am fully aware that they could be wrong... but unless you have other facts and figures to back up that its rubbish, then you know as much as me... so dishing out the know nothing line is a silly as its childish. If you have other figures fair enough, but show them eh.. that might work.


I do not struggle with the maths as i understand the figures you put ot, but its all spun very well, almost like you work in a PA dept or something...

Common sense would dictate that any saving on wages will instantly be taken up with the incoming player/s. will it not ?

Common sense will also dictate that we will pay a hefty fee for said player/s

So the saving of £23 million will never exist will it ? since it will be taken in wages and new fee's it will go as a loss... since the £5million will not cover any fee for any of the suggested incomming transfers other than Sinclair...

Now im sure if you are an accountant as you say that will make perfect sense... you rob peter to pay paul, to coin a phrase. If we make a new signing it most certain wont see a £23m saving will it.

As an addage to the little backpatting session.... if he plays or not ? how do you account that exactly as a saving ? would we have lost and extra £23m if he stayed, or will it still cost that ammount to get someone in....

creative thinking gets you around a lot, but not that a wage subsidy and a poor fee is a bad deal for us

Ok, I shall walk you through it one last time. And it is in the public domain, on the whole, so long as you ignore the bollocks in most papers. But this is info from the inside, those that know me, know my source on this one and I'm happy to stand up and say it.

We wanted £10-12m for him. Spurs said they couldn't afford that AND his wages. We tried to flog him to everyone for the last 12 months without success to we decided to take a view.

We then accepted a £5m bid from spurs, allowing spurs to pay him a huge signing on fee. This in effect means we have subsidised his wages for the next two years of his contract (the difference between his new £80k wage and his old £175,000 wage, less NI and image rights).

Now, we had already written off his book value in last seasons accounts. What todays deal does is end his amortisation cost and frees up £23m (£5m fee plus saving of £175,000 x 104 weeks (2 years left of his contract)) over the next two years.

Now that money was dead money, we received no player, no goals, no assists, nothing from him being on the books. We now have a place free in the squad and some additional money to play with.

If you cannot see that as a good thing or a saving then more fool you. We have now received, from Spurs, £9m in total (£5m fee plus £4m loan fee). He was signed for £25m over a 5 year period. His amortisation is £5m per year making his notional book value £10m at this point. So in effect, we have lost £1m on the deal, but in accounting terms it will actually be a profit as we wrote off his £15m book value last September under "exceptional items" in our books (along with nearly £20m on Santa Cruz and £5m on Wayne Bride).

<a class="postlink" href="http://swissramble.blogspot.co.uk/2011/12/manchester-city-masterplan.html" onclick="window.open(this.href);return false;">http://swissramble.blogspot.co.uk/2011/ ... rplan.html</a> (for the exceptional items)

<a class="postlink" href="http://www.dailymail.co.uk/sport/football/article-2188285/Emmanuel-Adebayors-money-problems--Neil-Ashton-column.html" onclick="window.open(this.href);return false;">http://www.dailymail.co.uk/sport/footba ... olumn.html</a>

(the above article is a City leak directly from Marwood to Ashton last Tuesday to help push the deal through)

If you need any more sources then sorry, as I say, those that know me well on here know who I occasionally get info from, though rarely ahead of transfers in.

As for my abrasive style, foe me if you don't like it, I've more than enough friends on here to last me a lifetime and I don't need to post in a way that pleases you.

 

[sniff]

Re: Adebayor gone (Official)

does sniff not understand that the best thing to have are players the manager will play?

Geee i hope so..

But if anyone thinks thats the point then you're being a little silly... we got a £5million fee.... thats it, its poor.... dont bullshit yourselves saying actually we saved £23m if you include his wages...

well, not unless you are going to say Aguero cost, what ? £60 ? because we need to count his wages too

Wages have to be taken into account,thats the whole point of making a gross saving on the remainder of his contract.

Finaly some one willing to be reasonable, who'd have thunk it would take so long... you guys take to the high horse to easily...

Yeah mate i understand that wages need to be taken into account and do not for one second doubt that in any way that will take £14 ish million off the books, for a while.. IF as is suggested in the only source we have at the moment, we are paying some towards his wage. so the £5m takes that back to £23. so either way we havent taken a fee, or we have susidised his wage ?

Now the wage saving is nominal given we replace him with another player, another player on about the same wage. So the wage saving is wiped out.

But then we have to pay a fee to bring the new guy in, other clubs wont be so polite and give them to us, so we pay £25-30m est... according to the accountant at the end of the year we are £30m down.

Now in not getting into the argument if Ade was good enough for us or not... but its not a good use of an asset.

SWP... like ive said in the past, i dont really give a crap if you like it or not.... and no matter what ITK accountant, or stadium staff you know, i understand having a relative high up at the stadium myself, that they do not know the in's and outs of deals....

but you are missing the simple fact, anyone who leaves is being replaced with someone else... take the £15m, ammortation and wipe it out withing a few week's... Its not a saving it's juggling the cash for a short period... a short perios where our fee's are not lessened. It certainly wont be a saving at the end of the finacial year will it ?

Im happy to be wrong, and talk about it... But dont use ITK accountants as a source of fact, certainly when you deride others opinion as stupid on that basis...

 

[Rammy Blue]

Re: Adebayor gone (Official)

I knew he'd blink first.

Einstein.

 

[Ray78]

Re: Adebayor gone (Official)

I bet Levy will be able to get 10+ fee for him if they decide to sell Adebayor.

Selling old Corluka for 5m, getting Adebayor for 4-5 m. They also get 9m for Dawson from QPR.

If he carries on what he did at both us and Arsenal, then Spurs will be lucky to get rid of him. Even Real Madrid did not sign him after his loan spell.

 

[RandomJ]

Re: Adebayor gone (Official)

Wow we got fucking fleeced. Levy must be pissing himself.