But as with most German clubs they are well run. If you look back over 5 years or so they run a massive transfer surplus and with Sancho + Haaland inevitably going at some point that will be another +£200m if they want it. They do not need the money - they would hold on to him just to prove a point and have him 1 more year. Madness maybe but it is one of the more likely outcomes.
Can't say I know anything of how Dortmund are run, presumably they don't have a massive surplus of cash to draw on regardless of dealings in the past? This last year would have hit them as hard as anyone surely? Perhaps cashflow directs that both need to go sooner rather than later?But as with most German clubs they are well run. If you look back over 5 years or so they run a massive transfer surplus and with Sancho + Haaland inevitably going at some point that will be another +£200m if they want it. They do not need the money - they would hold on to him just to prove a point and have him 1 more year. Madness maybe but it is one of the more likely outcomes.
Yes they are well run but they're also fan owned and they can't afford to lose the equivalent of most of a years revenue or 25% of the clubs value, there's no rich owner to bail them out. They'll sell to cover losses as they have plenty of times before. Without sales, Dortmund tend to run at break-even or a loss in normal times, so that transfer surplus doesn't translate to retained profits. Their business model revolves around developing players and selling them at a profit and with other sources of revenue down, they'll just be more reliant on that than usual.But as with most German clubs they are well run. If you look back over 5 years or so they run a massive transfer surplus and with Sancho + Haaland inevitably going at some point that will be another +£200m if they want it. They do not need the money - they would hold on to him just to prove a point and have him 1 more year. Madness maybe but it is one of the more likely outcomes.
Your point about German clubs financial prudence is well made but I don't think Dortmund will risk not selling if the right offer is tabled this summer. This pandemic has shown a genuine resilience and its by no means out the question that football attendances and finances will be disrupted for longer than we anticipate. A bird in the hand... will almost certainly win the day.
Can't say I know anything of how Dortmund are run, presumably they don't have a massive surplus of cash to draw on regardless of dealings in the past? This last year would have hit them as hard as anyone surely? Perhaps cashflow directs that both need to go sooner rather than later?
Yes they are well run but they're also fan owned and they can't afford to lose the equivalent of most of a years revenue or 25% of the clubs value, there's no rich owner to bail them out. They'll sell to cover losses as they have plenty of times before. Without sales, Dortmund tend to run at break-even or a loss in normal times, so that transfer surplus doesn't translate to retained profits. Their business model revolves around developing players and selling them at a profit and with other sources of revenue down, they'll just be more reliant on that than usual.
However, Watzke said Dortmund have the financial resources to weather the pandemic, benefitting from operating “very conservatively" in past seasons.
"We have succeeded in generating such a high level of assets that we can withstand this pandemic for a very long time," Watzke added.
An 80k capacity stadium that has been empty all season. A club with little cash reserves (11m net debt so more debt than reserves), before they posted a €44m loss last season after being behind closed doors for 2 months. A club on course to lose another €70-80m this season after being behind closed doors for a full season and at least the same again next season if they miss out on the Champions League (more if fans don't return straightaway). There's a reason their CEO won't rule out sales and btw when he talks about 'assets' he's including players in that, player sales are a key source of income for Dortmund.As ever with the Germans they are in much better shape than our equivalents. Fan owned with an 80k capacity stadium. Fan ownership means running by committee but unlike Barca they dont go from 1 BS regime to the next, and with no owner they dont run up debts. They have routinely sold players to other top CL clubs as they are not a glamour destination by any stretch but they are selling players as the players want to go not because they need the money. Covid has hit them like all others but they were not running the finances into the ground before as is standard elsewhere - this from there last set of accounts:
I agree they will push harder to get the deal done than we willI would add, they have the same advantages as us. Here he'd be replacing aguero, there, benzama. Both top teams, capable of winning trophies. Both with good managers, Pep is obviously the very top, but zidane is highly rated too. In terms of how they play, probably suits him more than how we do. The only thing then is, a family and maybe emotional link to us. Vs, being a Real Madrid player, which is a prestige for any player. Prem vs La liga, possibly a consideration.
And they certainly Will have/find the money. Just as we will, but they would imho go further with offering it
The point is (as you seem to have missed the point) he may care that he would look like a hypocrite and therefore not sign for us.Who cares?
I don't mean to sound like an arsehole but some of you need to stop worrying about our public image all the time.
I'd be very surprised if City had to pay anywhere near 180 million.