And don't forget Barry, Milner & Lescott are also coming to the end of their contracts. With Dzeko that's about £18m per year amortisation and probably £20m wages off the books. Even if we keep Milner that would still cover Messi's wages.BillyShears said:LoveCity said:Would paying in installments make such a deal more realistic under FFP? Say £40m per year.
It doesn't really matter. For the purposes of FFP transfer fees are amortised over the players contract. So in the books the money can be split over the life of the contract. Same as paying in instalments.
The way I see it. At a very simple level it'd mean 50 million euro (41.5 million pounds at today exchange rates) being taken out of our transfer budget per season for the following five seasons. However the value of the commercial deals which signing Messi would land City would go some way to redressing the balance.
City have been planning for this. There's a reason we let Tevez and Balotelli go and want Dzeko off the wage bill too. The contracts that the incoming players are on leave a hell of a lot of room to be able to absorb Messi's wages without making our overall bill spike hugely from where it was 12 months ago.
Prestwich_Blue said:And don't forget Barry, Milner & Lescott are also coming to the end of their contracts. With Dzeko that's about £18m per year amortisation and probably £20m wages off the books. Even if we keep Milner that would still cover Messi's wages.BillyShears said:LoveCity said:Would paying in installments make such a deal more realistic under FFP? Say £40m per year.
It doesn't really matter. For the purposes of FFP transfer fees are amortised over the players contract. So in the books the money can be split over the life of the contract. Same as paying in instalments.
The way I see it. At a very simple level it'd mean 50 million euro (41.5 million pounds at today exchange rates) being taken out of our transfer budget per season for the following five seasons. However the value of the commercial deals which signing Messi would land City would go some way to redressing the balance.
City have been planning for this. There's a reason we let Tevez and Balotelli go and want Dzeko off the wage bill too. The contracts that the incoming players are on leave a hell of a lot of room to be able to absorb Messi's wages without making our overall bill spike hugely from where it was 12 months ago.
BillyShears said:Prestwich_Blue said:And don't forget Barry, Milner & Lescott are also coming to the end of their contracts. With Dzeko that's about £18m per year amortisation and probably £20m wages off the books. Even if we keep Milner that would still cover Messi's wages.BillyShears said:It doesn't really matter. For the purposes of FFP transfer fees are amortised over the players contract. So in the books the money can be split over the life of the contract. Same as paying in instalments.
The way I see it. At a very simple level it'd mean 50 million euro (41.5 million pounds at today exchange rates) being taken out of our transfer budget per season for the following five seasons. However the value of the commercial deals which signing Messi would land City would go some way to redressing the balance.
City have been planning for this. There's a reason we let Tevez and Balotelli go and want Dzeko off the wage bill too. The contracts that the incoming players are on leave a hell of a lot of room to be able to absorb Messi's wages without making our overall bill spike hugely from where it was 12 months ago.
It's what Wenger would call financial doping, but at commercial level. City are already becoming big players commercially. Our growth has been rapid but we've been catching up with the elite clubs. A signing like this would have a lasting commercial legacy which would live long after Messi's gone because it'd establish us as a modern elite club.
BillyShears said:LoveCity said:Would paying in installments make such a deal more realistic under FFP? Say £40m per year.
It doesn't really matter. For the purposes of FFP transfer fees are amortised over the players contract. So in the books the money can be split over the life of the contract. Same as paying in instalments.
The way I see it. At a very simple level it'd mean 50 million euro (41.5 million pounds at today exchange rates) being taken out of our transfer budget per season for the following five seasons. However the value of the commercial deals which signing Messi would land City would go some way to redressing the balance.
City have been planning for this. There's a reason we let Tevez and Balotelli go and want Dzeko off the wage bill too. The contracts that the incoming players are on leave a hell of a lot of room to be able to absorb Messi's wages without making our overall bill spike hugely from where it was 12 months ago.
I think signing Messi would have the kind of long term impact on the club that even Platini wouldn't be able to argue against. The guy is in my opinion the best player ever. The money may well be historic, but there's a pretty compelling argument to say he's worth it.
The question is does he want to come to City. You look around and again you'd think someone had been planning a club to make Messi feel at home. Everywhere he looks there's people he grew up with not only in Barcelona but in Argentina too.
Rammyblues said:Just to get this straight in my mind
Fee 210m over 5 years means about 40m per year.
Wages of 300K per week 15 m per year
Total cost to city each year 55m over 5 years.
What is Messi worth well according to the Professor he is worth 400m divide that by 5 equates to 80m per year which means if we fully cashed in on him would see the club make 25m per year from his signature, but even if we split the twenty five million with him it would still see us make a profit,.
chicagoblues said:Ok I think it is about time for a Messi song thread then ;P