Kylian Mbappe

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Thaksinssoldier said:
Isn't it a legal requirement that the player pays the fee to La Liga? So that statement is technically wrong even if PSG gave Neymar the cash.
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No, not when PSG account for it in their books it isn't. It certainly wasn't paid by Neymar, look at the cheque, it's unlikely he has a QNB account (Qatar National Bank) and it's not his signature on it either.

https://uk.sports.yahoo.com/news/cheque-bought-neymar-222m-092612889.html

Would have been quicker to write "oh sorry, I was wrong about the third party paying the money as a FFP dodge, hadn't seen that report".
 
I think some people in this thread should go and have a lie down they've obviously got "Jim Whititis" or a severe case of "affrontary"
 
SWP's back said:
No, not when PSG account for it in their books it isn't. It certainly wasn't paid by Neymar, look at the cheque, it's unlikely he has a QNB account (Qatar National Bank) and it's not his signature on it either.

https://uk.sports.yahoo.com/news/cheque-bought-neymar-222m-092612889.html

Would have been quicker to write "oh sorry, I was wrong about the third party paying the money as a FFP dodge, hadn't seen that report".
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Lot's of conflicting reports tbh. They may well be able to afford 222 mil in one go in one window. Doubtful, but possible. One thing is for sure, those books will be scrutinised majorly. IF they have been doped, it's a disgrace, but it will be a year before we even get a hint of it and I'm sure there's all manner of creative accounting and new sponsorship deals in the works in the meantime.
 
Thaksinssoldier said:
Lot's of conflicting reports tbh. They may well be able to afford 222 mil in one go in one window. Doubtful, but possible. One thing is for sure, those books will be scrutinised majorly.

IF they have been doped, it's a disgrace, but it will be a year before we even get a hint of it and I'm sure there's all manner of creative accounting and new sponsorship deals in the works in the meantime.
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No conflicting reports from their owners. (The only people that matter)

But why do you think it's doubtful they can afford 222m euros in one window? You do know it's not all accounted for in this window? It's still amortised over the length of the contract. It's no more doubtful than City being being able to afford all of our transfers and our revenues are very similar. We have spent more though and are looking to increase that spend.

You last paragraph would fit in perfectly on red cafe and RAWK in a thread about City. It's a joke.
 
SWP's back said:
theyve spent less than us and we are still after Sanchez and Mbappe for fucks sake.
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To be fair, that's not the end of the story - their TV and commercial revenues are a something like a couple hundred million euros a year less than ours.

And they haven't dumped 13 players or whatever it is. A 20 year old returning from loan peanuts has gone for 3m, one 11m player replaced another, and a reserve keeper on a free - I don't know what he was on but I doubt it was more than Willy. Maxwell has retired but Alves will be on vastly higer wages. The first team squad is 30 strong, and studded with big names and pay packets.
 
FFS they have an income similar (about 350 Mill) to ours (thats passed UEFA inspection no matter what you think). I imagine their wage bill is currently about the same as ours 50% which leaves 175 mIllion a year to do what the fuck they want with minus current ammortised player costs lets say 80 Million (not sure if these figures are available, I know ours are)
222 Million Euros or 193 Million quid ammortised over 5 years is approx 40 Million a year plus wages lets say 400k a week = 20 Million approx. So 60 Million a year that they have 95 Million to pay for. Simplistic view of the finances but it's not hard to see how they can easily afford it.
 
I haven't seen PSGs accounts but I wouldn't think they'd would be too far off being able to pay for Neymar and comply with FFP without doing anything.

I do get a bit annoyed by the instant lumping in of us and them though, they have a different business model that has a different objective to ours. It does feel a lot like lazy stereotyping to me.
 
SWP's back said:
No conflicting reports from their owners.

But why do you think it's doubtful they can afford 222m euros in one window? You do know it's not all accounted for in this window? It's still amortised over the length of the contract.

You last paragraph would fit in perfectly on red cafe and RAWK in a thread about City. It's a joke.
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What are you talking about, it's amortised? It makes zero difference if they've authorised a withdrawal from their accounts of 222 million in one lump sum.

It makes no difference if it's amortised or not, we're talking about them having 222 million sat in their account to be withdrawn in one lump sum, and that lump sum can be withdrawn safe in the knowledge that it is independent of operating cash flow for every other aspect of their business for the year at hand. It's a staggering amount.

I'm not overly familiar with PSG's model, do they publish their accounts like we do? What was in their banks last season?

Some people here thinking PSG have done some heroic act of sticking it to UEFA, but nothing could be farther from the truth if the money hasn't come from within.

But anyways.... Mbappe.
 
Blue warrior said:
No our Benji was on on swan street he was allegedly visiting cloud 9 which I'm told may or may not be a "massage parlour" he's missed out on a pasty if true bad form that! :)
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That's confirmed it for me, missing out on a pasty, the guys a madman
 
Thaksinssoldier said:
What are you talking about, it's amortised? It makes zero difference if they've authorised a withdrawal from their accounts of 222 million in one lump sum.

It makes no difference if it's amortised or not, we're talking about them having 222 million sat in their account to be withdrawn in one lump sum, and that lump sum can be withdrawn safe in the knowledge that it is independent of operating cash flow for every other aspect of their business for the year at hand. It's a staggering amount.

I'm not overly familiar with PSG's model, do they publish their accounts like we do? What was in their banks last season?

Some people here thinking PSG have done some heroic act of sticking it to UEFA, but nothing could be farther from the truth if the money hasn't come from within.

But anyways.... Mbappe.
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Well put it this way, do.you think they would do it without knowing they will be within the rules, expecting Utd, Barca, Bayern etc to let them off, or do you think they would likely have it covered ?
 
SWP's back said:
Their revenues are within a few percent of ours.
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Yeah... don't know why I thought I had a source....It's definitely closer than I said. You are right - going on the 15/16 figures. We do know that 16/17 covers the new premier League TV deal which is estimated to add 20% revenue. Interestingly, going back to 15/16, PSG's reported commercial income is >25% higher than ours. Higher than Real and Barca.
 
SWP's back said:
Their revenues are within a few percent of ours.
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981643droittv.jpg
 
Thaksinssoldier said:
What are you talking about, it's amortised? It makes zero difference if they've authorised a withdrawal from their accounts of 222 million in one lump sum.

It makes no difference if it's amortised or not, we're talking about them having 222 million sat in their account to be withdrawn in one lump sum, and that lump sum can be withdrawn safe in the knowledge that it is independent of operating cash flow for every other aspect of their business for the year at hand. It's a staggering amount.

I'm not overly familiar with PSG's model, do they publish their accounts like we do? What was in their banks last season?

Some people here thinking PSG have done some heroic act of sticking it to UEFA, but nothing could be farther from the truth if the money hasn't come from within.

But anyways.... Mbappe.
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Your post has just proven you haven't the faintest clue what you are talking about. It makes all the difference that it's amortised for FFP purposes. I'm shocked a City fan seems clueless as to this.

Whether they have cash on reserve or not is simply immaterial. The cost (222m) is amortised over the life of the contract. It's 44.4m euros per year. That is the amount they have to be sure they can afford for FFP. UEFA aren't remotely interested whether they had the 222m in cash or whether they take on debt or an equity investment from the owner for the 222m. They have to show they can afford the 44.4m (plus wages) every year of the contract.

The fee does not show in this years accoubts, for FFP purposes as 222m spent.

I don't think they've done anything heroic. They have done exactly the same as City, which is to spend what they can afford.
 
Neville Kneville said:
Well put it this way, do.you think they would do it without knowing they will be within the rules, expecting Utd, Barca, Bayern etc to let them off, or do you think they would likely have it covered ?
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Heh, that's a rubbish argument if ever I heard one. No better than saying 'Oh, I'm sure it was above board' when the Neymar-Barca 'scandal' unfolded.
 
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