Transfer investigation?

[domalino]

The Cancelo/Danilo thing was obviously dodgy, it's just that we weren't sure how.

We were sure, it was obvious from the get go, and was explained on here and elsewhere.

Player purchases are amortised, and 100% of player sales (minus book value) go into this years accounts.

So Juventus sign Cancelo in 2018 for €40m on a 5 year deal, amortised as €8m per year.

Summer 2019 his book value is now €32m but Juventus are in trouble because of Ronaldo's impact on the figures and need to raise some money for the year. City offer €30m + Danilo, a player the press has been saying we're offering around for €15-20m.

Now if Juventus value Danilo at €15m then they book a profit of €10m (€45m value of Cancelo and Danilo minus €32m book value of Cancelo minus €3m amortisation of Danilo's fee). Not terrible but isn't going to help them out.

If they value Cancelo at €65m and Danilo at €35m then they book a profit of €26m on the transaction.

The Artur Pjanic deal is even better for them. Net transfer fee is €5m, 2020 accounts boosted by €50m.

 

[hertsblue]

Bebe to the Rags is one they should look at, went from 250k to around 6 million months later and looked hopelessly out of his depth even in the cups v League 2 opposition

 

[Groke]

David Luiz to PSG - world record fee for a defender at the time....

 

[mat]

Derby Day soon yeah?

And Ashton needs a media distraction.

He's supports our SOO campaign.