four not five year deals

[Damocles]

£22m amortises over 4 years at £5.5m a year on wages of around £8m a year. Total cost = £13.5m a year.

After two years, he will have £11m left to amortise over a new 5 year contract at £2.2m a year and get a payrise to around £9m a year. Total cost = £11.2m a year.

Saving: Around £2m a year.

Dadah!

 

[Prestwich_Blue]

£22m amortises over 4 years at £5.5m a year on wages of around £8m a year. Total cost = £13.5m a year.

After two years, he will have £11m left to amortise over a new 5 year contract at £2.2m a year and get a payrise to around £9m a year. Total cost = £11.2m a year.

Saving: Around £2m a year.

Dadah!

And just to show the bigger picture, I've done a quick calculation on City's amortisation charge and it's likely that, based on the current squad, in 2014/15 it could be something like £50m less than it currently is.

Add that to CL income and the Etihad deal and that's possibly £130m or more on the bottom line, not including the saving on wages as unwanted players leave or their contracts run out.